Can I retire at age 30 with 2,260,000?

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 $2,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$186,629$184,966$183,344$181,761$180,216$176,505
2 years$92,390$90,670$89,002$87,385$85,817$82,095
3 years$60,982$59,254$57,590$55,989$54,446$50,829
4 years$45,281$43,558$41,911$40,337$38,831$35,348
5 years$35,862$34,150$32,525$30,982$29,519$26,178
6 years$29,585$27,886$26,285$24,777$23,357$20,163
7 years$25,104$23,419$21,843$20,370$18,996$15,949
8 years$21,744$20,074$18,524$17,088$15,759$12,858
9 years$19,132$17,478$15,955$14,555$13,271$10,515
10 years$17,044$15,406$13,910$12,547$11,308$8,693
11 years$15,337$13,715$12,246$10,920$9,725$7,249
12 years$13,915$12,310$10,868$9,578$8,427$6,086
13 years$12,713$11,125$9,710$8,456$7,349$5,138
14 years$11,683$10,112$8,724$7,506$6,442$4,358
15 years$10,792$9,237$7,877$6,694$5,672$3,710
16 years$10,013$8,475$7,142$5,994$5,013$3,168
17 years$9,326$7,805$6,499$5,385$4,445$2,712
18 years$8,716$7,212$5,932$4,853$3,952$2,327
19 years$8,171$6,684$5,431$4,385$3,523$2,001
20 years$7,681$6,211$4,984$3,972$3,146$1,723
21 years$7,238$5,786$4,584$3,605$2,816$1,486
22 years$6,836$5,401$4,225$3,278$2,524$1,282
23 years$6,470$5,051$3,901$2,985$2,266$1,108
24 years$6,135$4,733$3,608$2,722$2,036$958
25 years$5,827$4,441$3,342$2,486$1,832$829
26 years$5,543$4,174$3,099$2,273$1,651$718
27 years$5,280$3,928$2,878$2,081$1,488$622
28 years$5,037$3,702$2,675$1,906$1,343$540
29 years$4,811$3,492$2,490$1,748$1,213$468
30 years$4,600$3,298$2,319$1,604$1,096$406
31 years$4,404$3,118$2,162$1,474$991$352
32 years$4,220$2,950$2,017$1,354$896$306
33 years$4,047$2,794$1,883$1,245$811$266
34 years$3,885$2,648$1,760$1,146$734$231
35 years$3,733$2,511$1,645$1,055$665$200
36 years$3,589$2,384$1,539$971$602$174
37 years$3,454$2,264$1,441$895$546$151
38 years$3,326$2,152$1,349$825$495$131
39 years$3,205$2,046$1,264$761$449$114
40 years$3,090$1,946$1,185$702$407$99
41 years$2,981$1,853$1,111$647$369$86
42 years$2,877$1,765$1,042$597$335$75
43 years$2,779$1,681$978$551$304$65
44 years$2,685$1,603$918$509$276$57
45 years$2,596$1,528$862$470$251$49
46 years$2,511$1,458$809$434$228$43
47 years$2,430$1,391$760$401$207$37
48 years$2,352$1,328$715$371$188$32
49 years$2,278$1,268$672$343$170$28
50 years$2,207$1,212$631$317$155$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,260,000, adding $5,446 every year, while hoping to spend $35,730 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: 45/33/22 Blend
29$2,260,000$2,260,000$2,260,000$2,260,000
30$2,496,138$2,376,358$2,341,328$2,592,416
31$2,712,727$2,454,783$2,381,746$2,739,191
32$2,950,211$2,535,853$2,422,320$2,894,332
33$3,210,684$2,619,661$2,463,019$3,061,851
34$3,496,450$2,706,301$2,503,806$3,242,917
35$3,810,050$2,795,872$2,544,646$3,438,816
36$4,154,282$2,888,476$2,585,499$3,650,960
37$4,532,227$2,984,220$2,626,321$3,880,905
38$4,947,280$3,083,212$2,667,069$4,130,363
39$5,403,181$3,185,568$2,707,693$4,401,217
40$5,904,049$3,291,404$2,748,144$4,695,538
41$6,454,422$3,400,843$2,788,367$5,015,608
42$7,059,300$3,514,011$2,828,305$5,363,937
43$7,724,191$3,631,041$2,867,896$5,743,287
44$8,455,164$3,752,067$2,907,076$6,156,701
45$9,258,904$3,877,231$2,945,776$6,607,528
46$10,142,777$4,006,680$2,983,924$7,099,454
47$11,114,897$4,140,565$3,021,443$7,636,539
48$12,184,208$4,279,044$3,058,252$8,223,252
49$13,360,559$4,422,279$3,094,265$8,864,518
50$14,654,805$4,570,439$3,129,392$9,565,755
51$16,078,905$4,723,701$3,163,537$10,332,935
52$17,646,037$4,882,246$3,196,599$11,172,631
53$19,370,720$5,046,263$3,228,472$12,092,085
54$21,268,950$5,215,947$3,259,043$13,099,273
55$23,358,357$5,391,502$3,288,195$14,202,979
56$25,658,362$5,573,139$3,315,802$15,412,881
57$28,190,368$5,761,075$3,341,734$16,739,637
58$30,977,956$5,955,538$3,365,853$18,194,990
59$34,047,111$6,156,763$3,388,013$19,791,873
60$37,426,466$6,364,995$3,408,061$21,544,535
61$41,147,572$6,580,486$3,425,838$23,468,674
62$45,245,195$6,803,499$3,441,173$25,581,583
63$49,757,642$7,034,309$3,453,890$27,902,314
64$54,727,129$7,273,197$3,463,803$30,451,857
65$60,200,171$7,520,458$3,470,715$33,253,336
66$66,228,026$7,776,398$3,474,421$36,332,229
67$72,867,176$8,041,333$3,474,706$39,716,607
68$80,179,862$8,315,593$3,471,343$43,437,398
69$88,234,669$8,599,518$3,464,094$47,528,677
70$97,107,176$8,893,465$3,452,711$52,027,991
71$106,880,663$9,197,800$3,436,933$56,976,707
72$117,646,907$9,512,908$3,416,486$62,420,406
73$129,507,036$9,839,185$3,391,083$68,409,312
74$142,572,493$10,177,044$3,360,423$74,998,763
75$156,966,082$10,526,915$3,324,192$82,249,737
76$172,823,130$10,889,241$3,282,060$90,229,419
77$190,292,761$11,264,486$3,233,682$99,011,844
78$209,539,308$11,653,131$3,178,695$108,678,588
79$230,743,859$12,055,676$3,116,723$119,319,540
80$254,105,967$12,472,638$3,047,367$131,033,748
81$279,845,536$12,904,558$2,970,215$143,930,356
82$308,204,895$13,351,996$2,884,832$158,129,631
83$339,451,085$13,815,535$2,790,764$173,764,096
84$373,878,380$14,295,780$2,687,539$190,979,784
85$411,811,061$14,793,360$2,574,658$209,937,613
86$453,606,485$15,308,930$2,451,604$230,814,903
87$499,658,448$15,843,169$2,317,835$253,807,052
88$550,400,911$16,396,786$2,172,784$279,129,377
89$606,312,091$16,970,515$2,015,858$307,019,146
90$667,918,974$17,565,120$1,846,440$337,737,816
91$735,802,296$18,181,397$1,663,882$371,573,502
92$810,602,017$18,820,173$1,467,509$408,843,694
93$893,023,369$19,482,307$1,256,617$449,898,254
94$983,843,507$20,168,695$1,030,467$495,122,716
95$1,083,918,849$20,880,265$788,292$544,941,926
96$1,194,193,160$21,617,986$529,289$599,824,049
97$1,315,706,460$22,382,866$252,618$660,284,991
98$1,449,604,843$23,175,950$0$726,893,263
99$1,597,151,295$23,998,330$0$800,285,359
100$1,759,737,619$24,851,140$0$881,205,576