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%19.3%
1 years$182,500$180,874$179,288$177,740$176,229$169,639
2 years$90,346$88,664$87,033$85,452$83,918$77,355
3 years$59,633$57,943$56,316$54,750$53,241$46,910
4 years$44,279$42,594$40,984$39,444$37,972$31,922
5 years$35,069$33,394$31,805$30,297$28,866$23,112
6 years$28,931$27,269$25,703$24,229$22,841$17,387
7 years$24,548$22,900$21,359$19,920$18,575$13,421
8 years$21,263$19,630$18,115$16,710$15,410$10,550
9 years$18,709$17,091$15,602$14,233$12,978$8,405
10 years$16,667$15,065$13,602$12,269$11,058$6,765
11 years$14,997$13,412$11,975$10,678$9,510$5,487
12 years$13,607$12,038$10,628$9,366$8,241$4,478
13 years$12,432$10,878$9,495$8,269$7,186$3,672
14 years$11,425$9,888$8,531$7,340$6,300$3,023
15 years$10,553$9,033$7,703$6,546$5,547$2,497
16 years$9,791$8,288$6,984$5,861$4,902$2,067
17 years$9,119$7,633$6,355$5,266$4,347$1,715
18 years$8,523$7,053$5,801$4,746$3,865$1,426
19 years$7,990$6,537$5,311$4,288$3,445$1,187
20 years$7,511$6,074$4,874$3,884$3,077$989
21 years$7,078$5,658$4,483$3,525$2,753$825
22 years$6,685$5,281$4,132$3,205$2,468$689
23 years$6,327$4,940$3,815$2,919$2,216$575
24 years$5,999$4,628$3,528$2,662$1,991$481
25 years$5,698$4,343$3,268$2,431$1,792$402
26 years$5,420$4,082$3,031$2,223$1,614$336
27 years$5,163$3,842$2,814$2,035$1,455$282
28 years$4,926$3,620$2,616$1,864$1,313$236
29 years$4,705$3,415$2,435$1,710$1,186$197
30 years$4,499$3,225$2,268$1,569$1,071$165
31 years$4,306$3,049$2,114$1,441$969$138
32 years$4,126$2,885$1,973$1,324$876$116
33 years$3,958$2,732$1,842$1,218$793$97
34 years$3,799$2,589$1,721$1,120$718$81
35 years$3,650$2,456$1,609$1,031$650$68
36 years$3,510$2,331$1,505$950$589$57
37 years$3,377$2,214$1,409$875$534$48
38 years$3,252$2,104$1,319$807$484$40
39 years$3,134$2,001$1,236$744$439$34
40 years$3,021$1,903$1,158$686$398$28
41 years$2,915$1,812$1,086$633$361$24
42 years$2,814$1,726$1,019$584$328$20
43 years$2,717$1,644$956$539$297$17
44 years$2,626$1,567$898$498$270$14
45 years$2,539$1,494$843$460$245$12
46 years$2,455$1,426$792$425$223$10
47 years$2,376$1,361$744$392$202$8
48 years$2,300$1,299$699$363$184$7
49 years$2,227$1,240$657$335$167$6
50 years$2,158$1,185$618$310$151$5

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 $2,085 every year, while hoping to spend $35,923 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: 70/18/12 Blend
29$2,210,000$2,210,000$2,210,000$2,210,000
30$2,437,571$2,320,441$2,286,186$2,601,839
31$2,647,981$2,395,920$2,324,551$2,786,561
32$2,878,649$2,473,895$2,362,998$2,984,091
33$3,131,604$2,554,448$2,401,491$3,199,309
34$3,409,079$2,637,667$2,439,992$3,433,949
35$3,713,535$2,723,643$2,478,461$3,689,923
36$4,047,682$2,812,468$2,516,857$3,969,333
37$4,414,507$2,904,240$2,555,132$4,274,495
38$4,817,297$2,999,058$2,593,240$4,607,959
39$5,259,676$3,097,027$2,631,128$4,972,534
40$5,745,635$3,198,253$2,668,743$5,371,311
41$6,279,570$3,302,848$2,706,026$5,807,696
42$6,866,324$3,410,926$2,742,916$6,285,439
43$7,511,234$3,522,606$2,779,349$6,808,671
44$8,220,178$3,638,012$2,815,255$7,381,941
45$8,999,632$3,757,270$2,850,562$8,010,261
46$9,856,732$3,880,514$2,885,193$8,699,151
47$10,799,340$4,007,880$2,919,068$9,454,690
48$11,836,115$4,139,509$2,952,099$10,283,576
49$12,976,602$4,275,547$2,984,198$11,193,187
50$14,231,314$4,416,148$3,015,267$12,191,650
51$15,611,836$4,561,468$3,045,207$13,287,921
52$17,130,933$4,711,669$3,073,911$14,491,861
53$18,802,669$4,866,922$3,101,268$15,814,340
54$20,642,540$5,027,399$3,127,158$17,267,330
55$22,667,620$5,193,283$3,151,460$18,864,020
56$24,896,724$5,364,761$3,174,040$20,618,943
57$27,350,583$5,542,027$3,194,763$22,548,111
58$30,052,038$5,725,282$3,213,484$24,669,165
59$33,026,260$5,914,736$3,230,050$27,001,542
60$36,300,984$6,110,603$3,244,302$29,566,656
61$39,906,770$6,313,108$3,256,072$32,388,106
62$43,877,294$6,522,483$3,265,183$35,491,889
63$48,249,662$6,738,969$3,271,451$38,906,653
64$53,064,763$6,962,814$3,274,680$42,663,962
65$58,367,654$7,194,277$3,274,667$46,798,598
66$64,207,984$7,433,626$3,271,198$51,348,883
67$70,640,463$7,681,138$3,264,047$56,357,046
68$77,725,377$7,937,101$3,252,980$61,869,617
69$85,529,160$8,201,813$3,237,749$67,937,869
70$94,125,016$8,475,584$3,218,095$74,618,298
71$103,593,613$8,758,733$3,193,747$81,973,158
72$114,023,845$9,051,594$3,164,421$90,071,051
73$125,513,666$9,354,511$3,129,818$98,987,566
74$138,171,020$9,667,842$3,089,627$108,806,001
75$152,114,855$9,991,958$3,043,521$119,618,141
76$167,476,249$10,327,242$2,991,157$131,525,132
77$184,399,644$10,674,095$2,932,178$144,638,426
78$203,044,210$11,032,928$2,866,209$159,080,841
79$223,585,351$11,404,173$2,792,858$174,987,713
80$246,216,352$11,788,273$2,711,715$192,508,180
81$271,150,213$12,185,691$2,622,350$211,806,581
82$298,621,650$12,596,906$2,524,315$233,064,013
83$328,889,320$13,022,415$2,417,140$256,480,039
84$362,238,251$13,462,734$2,300,335$282,274,569
85$398,982,544$13,918,399$2,173,387$310,689,935
86$439,468,328$14,389,965$2,035,760$341,993,183
87$484,077,033$14,878,009$1,886,894$376,478,587
88$533,228,989$15,383,130$1,726,203$414,470,429
89$587,387,391$15,905,949$1,553,076$456,326,063
90$647,062,675$16,447,110$1,366,875$502,439,279
91$712,817,334$17,007,285$1,166,931$553,244,030
92$785,271,228$17,587,168$952,549$609,218,522
93$865,107,434$18,187,480$723,000$670,889,726
94$953,078,697$18,808,971$477,526$738,838,359
95$1,050,014,534$19,452,421$215,333$813,704,358
96$1,156,829,063$20,118,636$0$896,192,926
97$1,274,529,636$20,808,457$0$987,089,439
98$1,404,226,342$21,522,755$0$1,087,271,982
99$1,547,142,496$22,262,437$0$1,197,656,786
100$1,704,626,176$23,028,442$0$1,319,283,940