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%15.8%
1 years$185,803$184,148$182,533$180,957$179,418$175,152
2 years$91,982$90,269$88,608$86,999$85,437$81,164
3 years$60,712$58,991$57,335$55,741$54,205$50,058
4 years$45,080$43,365$41,726$40,158$38,659$34,671
5 years$35,704$33,999$32,381$30,845$29,388$25,570
6 years$29,455$27,762$26,168$24,667$23,254$19,609
7 years$24,993$23,315$21,746$20,280$18,912$15,441
8 years$21,648$19,985$18,442$17,013$15,689$12,391
9 years$19,048$17,401$15,884$14,491$13,212$10,084
10 years$16,969$15,338$13,848$12,491$11,258$8,296
11 years$15,269$13,654$12,192$10,871$9,682$6,882
12 years$13,853$12,255$10,820$9,536$8,390$5,748
13 years$12,657$11,075$9,667$8,418$7,316$4,827
14 years$11,632$10,067$8,686$7,473$6,414$4,072
15 years$10,744$9,197$7,842$6,665$5,647$3,447
16 years$9,968$8,438$7,110$5,967$4,991$2,927
17 years$9,285$7,771$6,470$5,362$4,425$2,492
18 years$8,677$7,181$5,906$4,832$3,935$2,125
19 years$8,135$6,655$5,407$4,366$3,507$1,816
20 years$7,647$6,184$4,962$3,954$3,133$1,555
21 years$7,206$5,760$4,564$3,589$2,803$1,332
22 years$6,806$5,377$4,207$3,263$2,513$1,143
23 years$6,441$5,029$3,884$2,972$2,256$982
24 years$6,108$4,712$3,592$2,710$2,027$844
25 years$5,801$4,422$3,327$2,475$1,824$725
26 years$5,518$4,156$3,086$2,263$1,643$624
27 years$5,257$3,911$2,865$2,072$1,482$537
28 years$5,015$3,685$2,664$1,898$1,337$463
29 years$4,790$3,477$2,479$1,741$1,207$399
30 years$4,580$3,283$2,309$1,597$1,091$344
31 years$4,384$3,104$2,152$1,467$986$296
32 years$4,201$2,937$2,008$1,348$892$255
33 years$4,029$2,781$1,875$1,240$807$220
34 years$3,868$2,636$1,752$1,141$731$190
35 years$3,716$2,500$1,638$1,050$662$164
36 years$3,574$2,373$1,532$967$600$142
37 years$3,439$2,254$1,434$891$544$122
38 years$3,311$2,142$1,343$821$493$105
39 years$3,190$2,037$1,258$757$447$91
40 years$3,076$1,938$1,179$699$405$79
41 years$2,968$1,845$1,106$644$368$68
42 years$2,865$1,757$1,037$595$334$59
43 years$2,767$1,674$973$549$303$51
44 years$2,673$1,596$914$507$275$44
45 years$2,584$1,522$858$468$250$38
46 years$2,500$1,451$806$432$227$33
47 years$2,419$1,385$757$400$206$28
48 years$2,341$1,322$711$369$187$24
49 years$2,268$1,263$669$341$170$21
50 years$2,197$1,206$629$315$154$18

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 $5,909 every year, while hoping to spend $39,483 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: 53/32/15 Blend
29$2,250,000$2,250,000$2,250,000$2,250,000
30$2,485,595$2,366,345$2,331,470$2,607,052
31$2,697,116$2,440,286$2,367,565$2,764,606
32$2,928,889$2,516,528$2,403,545$2,931,244
33$3,182,938$2,595,140$2,439,366$3,111,668
34$3,461,492$2,676,195$2,474,979$3,307,195
35$3,767,006$2,759,771$2,510,333$3,519,277
36$4,102,184$2,845,943$2,545,372$3,749,512
37$4,470,005$2,934,793$2,580,041$3,999,657
38$4,873,750$3,026,402$2,614,277$4,271,646
39$5,317,033$3,120,856$2,648,015$4,567,609
40$5,803,835$3,218,243$2,681,188$4,889,891
41$6,338,541$3,318,652$2,713,723$5,241,071
42$6,925,983$3,422,176$2,745,543$5,623,991
43$7,571,482$3,528,912$2,776,568$6,041,779
44$8,280,902$3,638,958$2,806,712$6,497,880
45$9,060,703$3,752,416$2,835,886$6,996,087
46$9,918,001$3,869,390$2,863,994$7,540,577
47$10,860,636$3,989,989$2,890,937$8,135,949
48$11,897,246$4,114,324$2,916,609$8,787,270
49$13,037,349$4,242,509$2,940,898$9,500,121
50$14,291,429$4,374,662$2,963,689$10,280,647
51$15,671,040$4,510,906$2,984,858$11,135,616
52$17,188,911$4,651,365$3,004,275$12,072,487
53$18,859,066$4,796,168$3,021,805$13,099,473
54$20,696,959$4,945,449$3,037,304$14,225,622
55$22,719,617$5,099,344$3,050,621$15,460,901
56$24,945,800$5,257,994$3,061,599$16,816,292
57$27,396,180$5,421,545$3,070,072$18,303,890
58$30,093,536$5,590,145$3,075,864$19,937,023
59$33,062,964$5,763,950$3,078,794$21,730,373
60$36,332,121$5,943,118$3,078,667$23,700,115
61$39,931,479$6,127,812$3,075,284$25,864,073
62$43,894,615$6,318,201$3,068,432$28,241,881
63$48,258,531$6,514,458$3,057,890$30,855,174
64$53,063,996$6,716,761$3,043,424$33,727,787
65$58,355,936$6,925,295$3,024,791$36,885,985
66$64,183,856$7,140,248$3,001,735$40,358,705
67$70,602,305$7,361,816$2,973,989$44,177,832
68$77,671,394$7,590,199$2,941,272$48,378,498
69$85,457,362$7,825,604$2,903,290$52,999,415
70$94,033,198$8,068,244$2,859,735$58,083,236
71$103,479,333$8,318,338$2,810,286$63,676,963
72$113,884,399$8,576,110$2,754,605$69,832,385
73$125,346,062$8,841,794$2,692,338$76,606,569
74$137,971,947$9,115,628$2,623,118$84,062,397
75$151,880,650$9,397,859$2,546,557$92,269,160
76$167,202,862$9,688,739$2,462,252$101,303,211
77$184,082,596$9,988,529$2,369,780$111,248,686
78$202,678,552$10,297,498$2,268,698$122,198,297
79$223,165,610$10,615,922$2,158,546$134,254,205
80$245,736,485$10,944,085$2,038,840$147,528,989
81$270,603,540$11,282,279$1,909,075$162,146,702
82$298,000,796$11,630,805$1,768,723$178,244,045
83$328,186,137$11,989,974$1,617,235$195,971,657
84$361,443,743$12,360,103$1,454,033$215,495,536
85$398,086,778$12,741,522$1,278,516$236,998,604
86$438,460,340$13,134,567$1,090,057$260,682,436
87$482,944,719$13,539,585$887,999$286,769,160
88$531,958,990$13,956,934$671,656$315,503,554
89$585,964,965$14,386,981$440,314$347,155,358
90$645,471,553$14,830,105$193,226$382,021,816
91$711,039,565$15,286,694$0$420,430,487
92$783,287,007$15,757,148$0$462,753,609
93$862,894,912$16,241,879$0$509,411,412
94$950,613,771$16,741,309$0$560,811,411
95$1,047,270,616$17,255,874$0$617,436,788
96$1,153,776,829$17,786,021$0$679,819,993
97$1,271,136,740$18,332,211$0$748,547,770
98$1,400,457,114$18,894,916$0$824,266,694
99$1,542,957,596$19,474,623$0$907,689,274
100$1,699,982,224$20,071,832$0$999,600,674