Can I retire at age 30 with 2,250,000?

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 $2,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$185,803$184,148$182,533$180,957$179,418$175,081
2 years$91,982$90,269$88,608$86,999$85,437$81,093
3 years$60,712$58,991$57,335$55,741$54,205$49,991
4 years$45,080$43,365$41,726$40,158$38,659$34,607
5 years$35,704$33,999$32,381$30,845$29,388$25,509
6 years$29,455$27,762$26,168$24,667$23,254$19,552
7 years$24,993$23,315$21,746$20,280$18,912$15,387
8 years$21,648$19,985$18,442$17,013$15,689$12,340
9 years$19,048$17,401$15,884$14,491$13,212$10,037
10 years$16,969$15,338$13,848$12,491$11,258$8,252
11 years$15,269$13,654$12,192$10,871$9,682$6,842
12 years$13,853$12,255$10,820$9,536$8,390$5,710
13 years$12,657$11,075$9,667$8,418$7,316$4,792
14 years$11,632$10,067$8,686$7,473$6,414$4,039
15 years$10,744$9,197$7,842$6,665$5,647$3,417
16 years$9,968$8,438$7,110$5,967$4,991$2,900
17 years$9,285$7,771$6,470$5,362$4,425$2,467
18 years$8,677$7,181$5,906$4,832$3,935$2,103
19 years$8,135$6,655$5,407$4,366$3,507$1,796
20 years$7,647$6,184$4,962$3,954$3,133$1,536
21 years$7,206$5,760$4,564$3,589$2,803$1,315
22 years$6,806$5,377$4,207$3,263$2,513$1,127
23 years$6,441$5,029$3,884$2,972$2,256$967
24 years$6,108$4,712$3,592$2,710$2,027$831
25 years$5,801$4,422$3,327$2,475$1,824$714
26 years$5,518$4,156$3,086$2,263$1,643$614
27 years$5,257$3,911$2,865$2,072$1,482$528
28 years$5,015$3,685$2,664$1,898$1,337$454
29 years$4,790$3,477$2,479$1,741$1,207$391
30 years$4,580$3,283$2,309$1,597$1,091$337
31 years$4,384$3,104$2,152$1,467$986$290
32 years$4,201$2,937$2,008$1,348$892$250
33 years$4,029$2,781$1,875$1,240$807$215
34 years$3,868$2,636$1,752$1,141$731$186
35 years$3,716$2,500$1,638$1,050$662$160
36 years$3,574$2,373$1,532$967$600$138
37 years$3,439$2,254$1,434$891$544$119
38 years$3,311$2,142$1,343$821$493$103
39 years$3,190$2,037$1,258$757$447$88
40 years$3,076$1,938$1,179$699$405$76
41 years$2,968$1,845$1,106$644$368$66
42 years$2,865$1,757$1,037$595$334$57
43 years$2,767$1,674$973$549$303$49
44 years$2,673$1,596$914$507$275$42
45 years$2,584$1,522$858$468$250$36
46 years$2,500$1,451$806$432$227$31
47 years$2,419$1,385$757$400$206$27
48 years$2,341$1,322$711$369$187$23
49 years$2,268$1,263$669$341$170$20
50 years$2,197$1,206$629$315$154$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,250,000, adding $6,521 every year, while hoping to spend $22,460 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: 51/41/8 Blend
29$2,250,000$2,250,000$2,250,000$2,250,000
30$2,486,226$2,366,976$2,332,101$2,607,637
31$2,715,924$2,459,061$2,386,330$2,783,110
32$2,968,298$2,554,905$2,441,622$2,970,799
33$3,245,638$2,654,669$2,497,989$3,174,296
34$3,550,466$2,758,520$2,555,445$3,395,091
35$3,885,560$2,866,634$2,613,998$3,634,822
36$4,253,981$2,979,193$2,673,662$3,895,289
37$4,659,103$3,096,389$2,734,444$4,178,471
38$5,104,640$3,218,420$2,796,357$4,486,543
39$5,594,686$3,345,496$2,859,408$4,821,896
40$6,133,752$3,477,834$2,923,606$5,187,160
41$6,726,808$3,615,661$2,988,960$5,585,225
42$7,379,330$3,759,215$3,055,477$6,019,273
43$8,097,349$3,908,745$3,123,164$6,492,801
44$8,887,515$4,064,509$3,192,026$7,009,657
45$9,757,150$4,226,779$3,262,068$7,574,076
46$10,714,327$4,395,839$3,333,294$8,190,715
47$11,767,937$4,571,983$3,405,708$8,864,700
48$12,927,779$4,755,523$3,479,312$9,601,670
49$14,204,649$4,946,780$3,554,105$10,407,834
50$15,610,444$5,146,093$3,630,089$11,290,023
51$17,158,274$5,353,816$3,707,261$12,255,755
52$18,862,582$5,570,318$3,785,619$13,313,309
53$20,739,286$5,795,984$3,865,158$14,471,796
54$22,805,925$6,031,218$3,945,872$15,741,245
55$25,081,824$6,276,443$4,027,754$17,132,699
56$27,588,281$6,532,100$4,110,794$18,658,317
57$30,348,761$6,798,649$4,194,982$20,331,486
58$33,389,125$7,076,572$4,280,304$22,166,944
59$36,737,867$7,366,375$4,366,745$24,180,922
60$40,426,386$7,668,585$4,454,288$26,391,293
61$44,489,284$7,983,752$4,542,913$28,817,739
62$48,964,689$8,312,454$4,632,599$31,481,935
63$53,894,616$8,655,293$4,723,320$34,407,753
64$59,325,365$9,012,901$4,815,049$37,621,482
65$65,307,956$9,385,936$4,907,757$41,152,079
66$71,898,610$9,775,090$5,001,409$45,031,434
67$79,159,283$10,181,083$5,095,970$49,294,675
68$87,158,244$10,604,671$5,191,400$53,980,495
69$95,970,728$11,046,643$5,287,655$59,131,511
70$105,679,640$11,507,826$5,384,689$64,794,669
71$116,376,337$11,989,083$5,482,450$71,021,682
72$128,161,494$12,491,319$5,580,883$77,869,516
73$141,146,053$13,015,480$5,679,929$85,400,924
74$155,452,268$13,562,556$5,779,524$93,685,036
75$171,214,860$14,133,582$5,879,598$102,798,009
76$188,582,289$14,729,642$5,980,079$112,823,739
77$207,718,158$15,351,869$6,080,887$123,854,655
78$228,802,750$16,001,450$6,181,936$135,992,585
79$252,034,736$16,679,627$6,283,137$149,349,713
80$277,633,049$17,387,699$6,384,392$164,049,633
81$305,838,950$18,127,026$6,485,599$180,228,515
82$336,918,303$18,899,031$6,586,647$198,036,385
83$371,164,090$19,705,203$6,687,419$217,638,534
84$408,899,171$20,547,101$6,787,791$239,217,078
85$450,479,334$21,426,357$6,887,631$262,972,666
86$496,296,656$22,344,679$6,986,796$289,126,378
87$546,783,201$23,303,854$7,085,140$317,921,799
88$602,415,099$24,305,754$7,182,503$349,627,315
89$663,717,040$25,352,337$7,278,718$384,538,641
90$731,267,230$26,445,654$7,373,608$422,981,610
91$805,702,849$27,587,852$7,466,984$465,315,235
92$887,726,060$28,781,178$7,558,649$511,935,099
93$978,110,648$30,027,985$7,648,393$563,277,077
94$1,077,709,313$31,330,736$7,735,994$619,821,447
95$1,187,461,731$32,692,010$7,821,218$682,097,415
96$1,308,403,417$34,114,508$7,903,818$750,688,103
97$1,441,675,504$35,601,056$7,983,534$826,236,044
98$1,588,535,514$37,154,617$8,060,091$909,449,243
99$1,750,369,231$38,778,288$8,133,199$1,001,107,849
100$1,928,703,786$40,475,317$8,202,554$1,102,071,508