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%15.8%
1 years$182,500$180,874$179,288$177,740$176,229$172,038
2 years$90,346$88,664$87,033$85,452$83,918$79,721
3 years$59,633$57,943$56,316$54,750$53,241$49,168
4 years$44,279$42,594$40,984$39,444$37,972$34,055
5 years$35,069$33,394$31,805$30,297$28,866$25,115
6 years$28,931$27,269$25,703$24,229$22,841$19,260
7 years$24,548$22,900$21,359$19,920$18,575$15,166
8 years$21,263$19,630$18,115$16,710$15,410$12,170
9 years$18,709$17,091$15,602$14,233$12,978$9,905
10 years$16,667$15,065$13,602$12,269$11,058$8,148
11 years$14,997$13,412$11,975$10,678$9,510$6,760
12 years$13,607$12,038$10,628$9,366$8,241$5,646
13 years$12,432$10,878$9,495$8,269$7,186$4,741
14 years$11,425$9,888$8,531$7,340$6,300$3,999
15 years$10,553$9,033$7,703$6,546$5,547$3,386
16 years$9,791$8,288$6,984$5,861$4,902$2,875
17 years$9,119$7,633$6,355$5,266$4,347$2,447
18 years$8,523$7,053$5,801$4,746$3,865$2,088
19 years$7,990$6,537$5,311$4,288$3,445$1,784
20 years$7,511$6,074$4,874$3,884$3,077$1,527
21 years$7,078$5,658$4,483$3,525$2,753$1,309
22 years$6,685$5,281$4,132$3,205$2,468$1,123
23 years$6,327$4,940$3,815$2,919$2,216$964
24 years$5,999$4,628$3,528$2,662$1,991$829
25 years$5,698$4,343$3,268$2,431$1,792$713
26 years$5,420$4,082$3,031$2,223$1,614$613
27 years$5,163$3,842$2,814$2,035$1,455$528
28 years$4,926$3,620$2,616$1,864$1,313$455
29 years$4,705$3,415$2,435$1,710$1,186$392
30 years$4,499$3,225$2,268$1,569$1,071$338
31 years$4,306$3,049$2,114$1,441$969$291
32 years$4,126$2,885$1,973$1,324$876$251
33 years$3,958$2,732$1,842$1,218$793$216
34 years$3,799$2,589$1,721$1,120$718$187
35 years$3,650$2,456$1,609$1,031$650$161
36 years$3,510$2,331$1,505$950$589$139
37 years$3,377$2,214$1,409$875$534$120
38 years$3,252$2,104$1,319$807$484$104
39 years$3,134$2,001$1,236$744$439$89
40 years$3,021$1,903$1,158$686$398$77
41 years$2,915$1,812$1,086$633$361$67
42 years$2,814$1,726$1,019$584$328$57
43 years$2,717$1,644$956$539$297$50
44 years$2,626$1,567$898$498$270$43
45 years$2,539$1,494$843$460$245$37
46 years$2,455$1,426$792$425$223$32
47 years$2,376$1,361$744$392$202$28
48 years$2,300$1,299$699$363$184$24
49 years$2,227$1,240$657$335$167$21
50 years$2,158$1,185$618$310$151$18

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 $5,101 every year, while hoping to spend $46,595 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: 42/50/8 Blend
29$2,210,000$2,210,000$2,210,000$2,210,000
30$2,440,682$2,323,552$2,289,297$2,537,259
31$2,640,054$2,387,829$2,316,411$2,669,331
32$2,858,202$2,453,694$2,342,873$2,807,142
33$3,096,989$2,521,176$2,368,610$2,955,297
34$3,358,471$2,590,303$2,393,547$3,114,757
35$3,644,910$2,661,103$2,417,606$3,286,576
36$3,958,798$2,733,604$2,440,704$3,471,917
37$4,302,880$2,807,834$2,462,751$3,672,055
38$4,680,176$2,883,821$2,483,655$3,888,398
39$5,094,016$2,961,590$2,503,320$4,122,492
40$5,548,067$3,041,169$2,521,642$4,376,039
41$6,046,366$3,122,583$2,538,514$4,650,912
42$6,593,362$3,205,856$2,553,821$4,949,176
43$7,193,955$3,291,013$2,567,444$5,273,099
44$7,853,543$3,378,078$2,579,258$5,625,184
45$8,578,071$3,467,071$2,589,130$6,008,181
46$9,374,091$3,558,014$2,596,923$6,425,124
47$10,248,818$3,650,926$2,602,489$6,879,349
48$11,210,203$3,745,826$2,605,677$7,374,535
49$12,267,002$3,842,731$2,606,327$7,914,729
50$13,428,866$3,941,654$2,604,268$8,504,393
51$14,706,425$4,042,610$2,599,326$9,148,438
52$16,111,391$4,145,608$2,591,314$9,852,276
53$17,656,668$4,250,658$2,580,038$10,621,868
54$19,356,474$4,357,766$2,565,295$11,463,782
55$21,226,473$4,466,936$2,546,871$12,385,251
56$23,283,925$4,578,167$2,524,543$13,394,247
57$25,547,846$4,691,458$2,498,076$14,499,550
58$28,039,189$4,806,802$2,467,224$15,710,835
59$30,781,041$4,924,190$2,431,730$17,038,762
60$33,798,840$5,043,608$2,391,327$18,495,075
61$37,120,616$5,165,039$2,345,730$20,092,716
62$40,777,253$5,288,461$2,294,647$21,845,942
63$44,802,783$5,413,846$2,237,768$23,770,466
64$49,234,704$5,541,161$2,174,770$25,883,600
65$54,114,335$5,670,369$2,105,316$28,204,420
66$59,487,206$5,801,426$2,029,053$30,753,947
67$65,403,486$5,934,280$1,945,611$33,555,344
68$71,918,456$6,068,875$1,854,604$36,634,138
69$79,093,034$6,205,145$1,755,628$40,018,454
70$86,994,344$6,343,017$1,648,262$43,739,289
71$95,696,352$6,482,411$1,532,064$47,830,798
72$105,280,566$6,623,235$1,406,575$52,330,620
73$115,836,801$6,765,390$1,271,311$57,280,235
74$127,464,026$6,908,766$1,125,772$62,725,349
75$140,271,302$7,053,241$969,430$68,716,334
76$154,378,807$7,198,682$801,739$75,308,699
77$169,918,973$7,344,945$622,125$82,563,616
78$187,037,732$7,491,871$429,989$90,548,494
79$205,895,895$7,639,287$224,709$99,337,623
80$226,670,671$7,787,007$5,631$109,012,871
81$249,557,336$7,934,827$0$119,664,456
82$274,771,078$8,082,527$0$131,411,279
83$302,549,027$8,229,870$0$144,345,210
84$333,152,492$8,376,598$0$158,586,577
85$366,869,430$8,522,435$0$174,268,514
86$404,017,161$8,667,083$0$191,537,732
87$444,945,362$8,810,220$0$210,555,907
88$490,039,370$8,951,503$0$231,501,209
89$539,723,820$9,090,560$0$254,569,979
90$594,466,646$9,226,994$0$279,978,589
91$654,783,508$9,360,381$0$307,965,483
92$721,242,649$9,490,263$0$338,793,428
93$794,470,266$9,616,153$0$372,751,997
94$875,156,417$9,737,528$0$410,160,301
95$964,061,537$9,853,832$0$451,370,009
96$1,062,023,612$9,964,469$0$496,768,660
97$1,169,966,095$10,068,802$0$546,783,334
98$1,288,906,618$10,166,154$0$601,884,673
99$1,419,966,599$10,255,802$0$662,591,337
100$1,564,381,830$10,336,974$0$729,474,895