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%19.4%
1 years$185,803$184,148$182,533$180,957$179,418$172,641
2 years$91,982$90,269$88,608$86,999$85,437$78,688
3 years$60,712$58,991$57,335$55,741$54,205$47,696
4 years$45,080$43,365$41,726$40,158$38,659$32,440
5 years$35,704$33,999$32,381$30,845$29,388$23,475
6 years$29,455$27,762$26,168$24,667$23,254$17,651
7 years$24,993$23,315$21,746$20,280$18,912$13,617
8 years$21,648$19,985$18,442$17,013$15,689$10,698
9 years$19,048$17,401$15,884$14,491$13,212$8,517
10 years$16,969$15,338$13,848$12,491$11,258$6,851
11 years$15,269$13,654$12,192$10,871$9,682$5,553
12 years$13,853$12,255$10,820$9,536$8,390$4,529
13 years$12,657$11,075$9,667$8,418$7,316$3,711
14 years$11,632$10,067$8,686$7,473$6,414$3,053
15 years$10,744$9,197$7,842$6,665$5,647$2,520
16 years$9,968$8,438$7,110$5,967$4,991$2,085
17 years$9,285$7,771$6,470$5,362$4,425$1,729
18 years$8,677$7,181$5,906$4,832$3,935$1,436
19 years$8,135$6,655$5,407$4,366$3,507$1,194
20 years$7,647$6,184$4,962$3,954$3,133$994
21 years$7,206$5,760$4,564$3,589$2,803$829
22 years$6,806$5,377$4,207$3,263$2,513$691
23 years$6,441$5,029$3,884$2,972$2,256$577
24 years$6,108$4,712$3,592$2,710$2,027$482
25 years$5,801$4,422$3,327$2,475$1,824$403
26 years$5,518$4,156$3,086$2,263$1,643$337
27 years$5,257$3,911$2,865$2,072$1,482$281
28 years$5,015$3,685$2,664$1,898$1,337$235
29 years$4,790$3,477$2,479$1,741$1,207$197
30 years$4,580$3,283$2,309$1,597$1,091$165
31 years$4,384$3,104$2,152$1,467$986$138
32 years$4,201$2,937$2,008$1,348$892$115
33 years$4,029$2,781$1,875$1,240$807$97
34 years$3,868$2,636$1,752$1,141$731$81
35 years$3,716$2,500$1,638$1,050$662$68
36 years$3,574$2,373$1,532$967$600$57
37 years$3,439$2,254$1,434$891$544$47
38 years$3,311$2,142$1,343$821$493$40
39 years$3,190$2,037$1,258$757$447$33
40 years$3,076$1,938$1,179$699$405$28
41 years$2,968$1,845$1,106$644$368$23
42 years$2,865$1,757$1,037$595$334$20
43 years$2,767$1,674$973$549$303$16
44 years$2,673$1,596$914$507$275$14
45 years$2,584$1,522$858$468$250$11
46 years$2,500$1,451$806$432$227$10
47 years$2,419$1,385$757$400$206$8
48 years$2,341$1,322$711$369$187$7
49 years$2,268$1,263$669$341$170$6
50 years$2,197$1,206$629$315$154$5

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 $2,616 every year, while hoping to spend $22,780 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: 48/36/16 Blend
29$2,250,000$2,250,000$2,250,000$2,250,000
30$2,482,198$2,362,948$2,328,073$2,590,104
31$2,711,145$2,454,495$2,381,826$2,756,606
32$2,962,680$2,549,764$2,436,616$2,934,750
33$3,239,085$2,648,914$2,492,454$3,127,690
34$3,542,871$2,752,109$2,549,350$3,336,818
35$3,876,804$2,859,524$2,607,314$3,563,665
36$4,243,935$2,971,337$2,666,356$3,809,913
37$4,647,621$3,087,738$2,726,484$4,077,411
38$5,091,564$3,208,922$2,787,706$4,368,193
39$5,579,841$3,335,096$2,850,031$4,684,495
40$6,116,943$3,466,474$2,913,466$5,028,774
41$6,707,820$3,603,281$2,978,016$5,403,734
42$7,357,925$3,745,749$3,043,687$5,812,350
43$8,073,268$3,894,125$3,110,485$6,257,893
44$8,860,467$4,048,663$3,178,412$6,743,963
45$9,726,819$4,209,631$3,247,473$7,274,518
46$10,680,359$4,377,308$3,317,668$7,853,917
47$11,729,945$4,551,986$3,388,999$8,486,953
48$12,885,335$4,733,968$3,461,466$9,178,906
49$14,157,281$4,923,575$3,535,067$9,935,581
50$15,557,631$5,121,137$3,609,799$10,763,371
51$17,099,440$5,327,004$3,685,659$11,669,313
52$18,797,095$5,541,539$3,762,640$12,661,153
53$20,666,445$5,765,121$3,840,735$13,747,418
54$22,724,959$5,998,148$3,919,936$14,937,495
55$24,991,884$6,241,036$4,000,232$16,241,722
56$27,488,427$6,494,218$4,081,611$17,671,477
57$30,237,960$6,758,148$4,164,059$19,239,294
58$33,266,235$7,033,301$4,247,558$20,958,969
59$36,601,631$7,320,172$4,332,091$22,845,700
60$40,275,417$7,619,281$4,417,636$24,916,218
61$44,322,053$7,931,169$4,504,170$27,188,952
62$48,779,510$8,256,404$4,591,667$29,684,198
63$53,689,631$8,595,578$4,680,099$32,424,308
64$59,098,524$8,949,312$4,769,433$35,433,900
65$65,056,999$9,318,255$4,859,635$38,740,092
66$71,621,048$9,703,084$4,950,667$42,372,749
67$78,852,369$10,104,509$5,042,489$46,364,768
68$86,818,953$10,523,272$5,135,054$50,752,389
69$95,595,723$10,960,149$5,228,315$55,575,526
70$105,265,242$11,415,952$5,322,220$60,878,151
71$115,918,493$11,891,530$5,416,711$66,708,702
72$127,655,737$12,387,772$5,511,728$73,120,536
73$140,587,456$12,905,607$5,607,204$80,172,437
74$154,835,401$13,446,007$5,703,071$87,929,162
75$170,533,740$14,009,989$5,799,252$96,462,050
76$187,830,321$14,598,618$5,895,666$105,849,698
77$206,888,070$15,213,007$5,992,228$116,178,692
78$227,886,531$15,854,321$6,088,844$127,544,429
79$251,023,554$16,523,780$6,185,418$140,052,009
80$276,517,171$17,222,660$6,281,843$153,817,226
81$304,607,647$17,952,294$6,378,010$168,967,656
82$335,559,751$18,714,081$6,473,797$185,643,861
83$369,665,257$19,509,483$6,569,081$204,000,708
84$407,245,695$20,340,029$6,663,727$224,208,830
85$448,655,387$21,207,321$6,757,593$246,456,231
86$494,284,792$22,113,036$6,850,528$270,950,056
87$544,564,193$23,058,927$6,942,373$297,918,545
88$599,967,757$24,046,831$7,032,958$327,613,177
89$661,018,012$25,078,669$7,122,106$360,311,047
90$728,290,780$26,156,454$7,209,627$396,317,469
91$802,420,611$27,282,292$7,295,322$435,968,859
92$884,106,777$28,458,388$7,378,978$479,635,901
93$974,119,868$29,687,049$7,460,374$527,727,041
94$1,073,309,071$30,970,692$7,539,274$580,692,340
95$1,182,610,187$32,311,845$7,615,430$639,027,712
96$1,303,054,459$33,713,159$7,688,580$703,279,602
97$1,435,778,315$35,177,405$7,758,448$774,050,137
98$1,582,034,092$36,707,487$7,824,745$852,002,801
99$1,743,201,859$38,306,443$7,887,164$937,868,693
100$1,920,802,448$39,977,458$7,945,383$1,032,453,422