Can I retire at age 30 with 2,210,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $2,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$182,500$180,874$179,288$177,740$176,229$174,461
2 years$90,346$88,664$87,033$85,452$83,918$82,138
3 years$59,633$57,943$56,316$54,750$53,241$51,503
4 years$44,279$42,594$40,984$39,444$37,972$36,290
5 years$35,069$33,394$31,805$30,297$28,866$27,244
6 years$28,931$27,269$25,703$24,229$22,841$21,282
7 years$24,548$22,900$21,359$19,920$18,575$17,080
8 years$21,263$19,630$18,115$16,710$15,410$13,979
9 years$18,709$17,091$15,602$14,233$12,978$11,609
10 years$16,667$15,065$13,602$12,269$11,058$9,751
11 years$14,997$13,412$11,975$10,678$9,510$8,264
12 years$13,607$12,038$10,628$9,366$8,241$7,055
13 years$12,432$10,878$9,495$8,269$7,186$6,059
14 years$11,425$9,888$8,531$7,340$6,300$5,229
15 years$10,553$9,033$7,703$6,546$5,547$4,531
16 years$9,791$8,288$6,984$5,861$4,902$3,940
17 years$9,119$7,633$6,355$5,266$4,347$3,437
18 years$8,523$7,053$5,801$4,746$3,865$3,005
19 years$7,990$6,537$5,311$4,288$3,445$2,633
20 years$7,511$6,074$4,874$3,884$3,077$2,311
21 years$7,078$5,658$4,483$3,525$2,753$2,032
22 years$6,685$5,281$4,132$3,205$2,468$1,790
23 years$6,327$4,940$3,815$2,919$2,216$1,578
24 years$5,999$4,628$3,528$2,662$1,991$1,393
25 years$5,698$4,343$3,268$2,431$1,792$1,230
26 years$5,420$4,082$3,031$2,223$1,614$1,088
27 years$5,163$3,842$2,814$2,035$1,455$962
28 years$4,926$3,620$2,616$1,864$1,313$852
29 years$4,705$3,415$2,435$1,710$1,186$755
30 years$4,499$3,225$2,268$1,569$1,071$669
31 years$4,306$3,049$2,114$1,441$969$593
32 years$4,126$2,885$1,973$1,324$876$526
33 years$3,958$2,732$1,842$1,218$793$467
34 years$3,799$2,589$1,721$1,120$718$414
35 years$3,650$2,456$1,609$1,031$650$368
36 years$3,510$2,331$1,505$950$589$327
37 years$3,377$2,214$1,409$875$534$290
38 years$3,252$2,104$1,319$807$484$258
39 years$3,134$2,001$1,236$744$439$229
40 years$3,021$1,903$1,158$686$398$203
41 years$2,915$1,812$1,086$633$361$181
42 years$2,814$1,726$1,019$584$328$161
43 years$2,717$1,644$956$539$297$143
44 years$2,626$1,567$898$498$270$127
45 years$2,539$1,494$843$460$245$113
46 years$2,455$1,426$792$425$223$100
47 years$2,376$1,361$744$392$202$89
48 years$2,300$1,299$699$363$184$79
49 years$2,227$1,240$657$335$167$71
50 years$2,158$1,185$618$310$151$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,210,000, adding $4,135 every year, while hoping to spend $33,894 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 50/24/26 Blend
29$2,210,000$2,210,000$2,210,000$2,210,000
30$2,439,685$2,322,555$2,288,300$2,543,577
31$2,652,470$2,400,298$2,328,895$2,694,185
32$2,885,823$2,480,713$2,369,714$2,854,058
33$3,141,806$2,563,897$2,410,729$3,027,152
34$3,422,691$2,649,949$2,451,909$3,214,735
35$3,730,980$2,738,970$2,493,222$3,418,205
36$4,069,428$2,831,068$2,534,633$3,639,095
37$4,441,070$2,926,351$2,576,104$3,879,098
38$4,849,253$3,024,936$2,617,597$4,140,073
39$5,297,658$3,126,939$2,659,068$4,424,069
40$5,790,345$3,232,485$2,700,472$4,733,342
41$6,331,784$3,341,700$2,741,762$5,070,373
42$6,926,901$3,454,719$2,782,886$5,437,897
43$7,581,122$3,571,677$2,823,790$5,838,924
44$8,300,425$3,692,718$2,864,416$6,276,767
45$9,091,397$3,817,990$2,904,702$6,755,078
46$9,961,295$3,947,647$2,944,585$7,277,877
47$10,918,113$4,081,848$2,983,995$7,849,589
48$11,970,661$4,220,759$3,022,859$8,475,092
49$13,128,644$4,364,552$3,061,101$9,159,755
50$14,402,757$4,513,405$3,098,638$9,909,495
51$15,804,781$4,667,505$3,135,385$10,730,827
52$17,347,699$4,827,043$3,171,251$11,630,929
53$19,045,815$4,992,219$3,206,140$12,617,707
54$20,914,893$5,163,242$3,239,949$13,699,870
55$22,972,298$5,340,327$3,272,573$14,887,016
56$25,237,166$5,523,698$3,303,899$16,189,712
57$27,730,585$5,713,587$3,333,808$17,619,605
58$30,475,789$5,910,236$3,362,174$19,189,525
59$33,498,378$6,113,897$3,388,866$20,913,605
60$36,826,565$6,324,830$3,413,745$22,807,419
61$40,491,434$6,543,306$3,436,665$24,888,124
62$44,527,239$6,769,607$3,457,472$27,174,624
63$48,971,726$7,004,026$3,476,006$29,687,745
64$53,866,485$7,246,866$3,492,095$32,450,438
65$59,257,349$7,498,445$3,505,563$35,487,986
66$65,194,820$7,759,090$3,516,220$38,828,249
67$71,734,549$8,029,143$3,523,872$42,501,925
68$78,937,862$8,308,960$3,528,310$46,542,838
69$86,872,333$8,598,908$3,529,318$50,988,255
70$95,612,429$8,899,373$3,526,668$55,879,245
71$105,240,208$9,210,753$3,520,121$61,261,057
72$115,846,091$9,533,462$3,509,428$67,183,551
73$127,529,724$9,867,933$3,494,325$73,701,670
74$140,400,908$10,214,614$3,474,537$80,875,955
75$154,580,642$10,573,971$3,449,775$88,773,114
76$170,202,262$10,946,490$3,419,738$97,466,659
77$187,412,701$11,332,677$3,384,107$107,037,590
78$206,373,873$11,733,055$3,342,552$117,575,168
79$227,264,206$12,148,172$3,294,725$129,177,748
80$250,280,318$12,578,596$3,240,261$141,953,714
81$275,638,882$13,024,918$3,178,781$156,022,499
82$303,578,663$13,487,754$3,109,885$171,515,712
83$334,362,777$13,967,745$3,033,157$188,578,379
84$368,281,172$14,465,556$2,948,160$207,370,311
85$405,653,365$14,981,882$2,854,437$228,067,615
86$446,831,459$15,517,445$2,751,511$250,864,354
87$492,203,464$16,072,995$2,638,882$275,974,377
88$542,196,962$16,649,317$2,516,030$303,633,339
89$597,283,142$17,247,224$2,382,407$334,100,923
90$657,981,248$17,867,564$2,237,444$367,663,294
91$724,863,481$18,511,220$2,080,544$404,635,796
92$798,560,399$19,179,112$1,911,084$445,365,933
93$879,766,868$19,872,197$1,728,414$490,236,642
94$969,248,627$20,591,473$1,531,854$539,669,913
95$1,067,849,509$21,337,978$1,320,694$594,130,772
96$1,176,499,413$22,112,793$1,094,191$654,131,664
97$1,296,223,080$22,917,046$851,573$720,237,298
98$1,428,149,762$23,751,910$592,029$793,069,972
99$1,573,523,893$24,618,608$314,717$873,315,450
100$1,733,716,824$25,518,414$18,754$961,729,431