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%14.4%
1 years$186,629$184,966$183,344$181,761$180,216$176,939
2 years$92,390$90,670$89,002$87,385$85,817$82,527
3 years$60,982$59,254$57,590$55,989$54,446$51,246
4 years$45,281$43,558$41,911$40,337$38,831$35,746
5 years$35,862$34,150$32,525$30,982$29,519$26,557
6 years$29,585$27,886$26,285$24,777$23,357$20,521
7 years$25,104$23,419$21,843$20,370$18,996$16,287
8 years$21,744$20,074$18,524$17,088$15,759$13,177
9 years$19,132$17,478$15,955$14,555$13,271$10,814
10 years$17,044$15,406$13,910$12,547$11,308$8,974
11 years$15,337$13,715$12,246$10,920$9,725$7,511
12 years$13,915$12,310$10,868$9,578$8,427$6,331
13 years$12,713$11,125$9,710$8,456$7,349$5,366
14 years$11,683$10,112$8,724$7,506$6,442$4,569
15 years$10,792$9,237$7,877$6,694$5,672$3,906
16 years$10,013$8,475$7,142$5,994$5,013$3,350
17 years$9,326$7,805$6,499$5,385$4,445$2,880
18 years$8,716$7,212$5,932$4,853$3,952$2,483
19 years$8,171$6,684$5,431$4,385$3,523$2,144
20 years$7,681$6,211$4,984$3,972$3,146$1,854
21 years$7,238$5,786$4,584$3,605$2,816$1,606
22 years$6,836$5,401$4,225$3,278$2,524$1,393
23 years$6,470$5,051$3,901$2,985$2,266$1,209
24 years$6,135$4,733$3,608$2,722$2,036$1,051
25 years$5,827$4,441$3,342$2,486$1,832$914
26 years$5,543$4,174$3,099$2,273$1,651$795
27 years$5,280$3,928$2,878$2,081$1,488$692
28 years$5,037$3,702$2,675$1,906$1,343$603
29 years$4,811$3,492$2,490$1,748$1,213$526
30 years$4,600$3,298$2,319$1,604$1,096$458
31 years$4,404$3,118$2,162$1,474$991$400
32 years$4,220$2,950$2,017$1,354$896$349
33 years$4,047$2,794$1,883$1,245$811$304
34 years$3,885$2,648$1,760$1,146$734$266
35 years$3,733$2,511$1,645$1,055$665$232
36 years$3,589$2,384$1,539$971$602$202
37 years$3,454$2,264$1,441$895$546$177
38 years$3,326$2,152$1,349$825$495$154
39 years$3,205$2,046$1,264$761$449$135
40 years$3,090$1,946$1,185$702$407$118
41 years$2,981$1,853$1,111$647$369$103
42 years$2,877$1,765$1,042$597$335$90
43 years$2,779$1,681$978$551$304$79
44 years$2,685$1,603$918$509$276$69
45 years$2,596$1,528$862$470$251$60
46 years$2,511$1,458$809$434$228$52
47 years$2,430$1,391$760$401$207$46
48 years$2,352$1,328$715$371$188$40
49 years$2,278$1,268$672$343$170$35
50 years$2,207$1,212$631$317$155$31

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 $5,877 every year, while hoping to spend $37,357 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: 61/19/20 Blend
29$2,260,000$2,260,000$2,260,000$2,260,000
30$2,496,582$2,376,802$2,341,772$2,635,543
31$2,711,486$2,453,518$2,380,474$2,806,879
32$2,947,058$2,532,741$2,419,220$2,989,132
33$3,205,367$2,614,554$2,457,973$3,187,190
34$3,488,691$2,699,044$2,496,692$3,402,593
35$3,799,540$2,786,299$2,535,334$3,637,038
36$4,140,678$2,876,413$2,573,852$3,892,391
37$4,515,150$2,969,481$2,612,200$4,170,709
38$4,926,311$3,065,600$2,650,323$4,474,255
39$5,377,854$3,164,874$2,688,169$4,805,522
40$5,873,850$3,267,408$2,725,677$5,167,254
41$6,418,782$3,373,310$2,762,787$5,562,476
42$7,017,590$3,482,695$2,799,432$5,994,517
43$7,675,715$3,595,678$2,835,544$6,467,042
44$8,399,153$3,712,381$2,871,050$6,984,093
45$9,194,507$3,832,928$2,905,871$7,550,116
46$10,069,055$3,957,449$2,939,925$8,170,013
47$11,030,813$4,086,079$2,973,127$8,849,182
48$12,088,614$4,218,954$3,005,385$9,593,569
49$13,252,189$4,356,220$3,036,602$10,409,724
50$14,532,260$4,498,023$3,066,676$11,304,864
51$15,940,642$4,644,517$3,095,501$12,286,939
52$17,490,351$4,795,862$3,122,964$13,364,708
53$19,195,729$4,952,221$3,148,945$14,547,819
54$21,072,578$5,113,765$3,173,319$15,846,903
55$23,138,310$5,280,669$3,195,955$17,273,674
56$25,412,112$5,453,115$3,216,713$18,841,036
57$27,915,122$5,631,293$3,235,448$20,563,208
58$30,670,636$5,815,398$3,252,007$22,455,855
59$33,704,319$6,005,630$3,266,228$24,536,239
60$37,044,454$6,202,201$3,277,941$26,823,378
61$40,722,206$6,405,326$3,286,969$29,338,227
62$44,771,913$6,615,229$3,293,125$32,103,878
63$49,231,416$6,832,143$3,296,212$35,145,773
64$54,142,410$7,056,308$3,296,025$38,491,945
65$59,550,841$7,287,972$3,292,347$42,173,286
66$65,507,339$7,527,395$3,284,953$46,223,835
67$72,067,692$7,774,842$3,273,603$50,681,098
68$79,293,377$8,030,589$3,258,049$55,586,405
69$87,252,137$8,294,924$3,238,030$60,985,298
70$96,018,623$8,568,143$3,213,271$66,927,961
71$105,675,093$8,850,552$3,183,486$73,469,692
72$116,312,194$9,142,471$3,148,375$80,671,428
73$128,029,814$9,444,228$3,107,621$88,600,315
74$140,938,025$9,756,166$3,060,897$97,330,347
75$155,158,122$10,078,637$3,007,856$106,943,061
76$170,823,769$10,412,008$2,948,137$117,528,306
77$188,082,256$10,756,659$2,881,363$129,185,092
78$207,095,895$11,112,984$2,807,137$142,022,525
79$228,043,546$11,481,390$2,725,046$156,160,834
80$251,122,310$11,862,300$2,634,657$171,732,510
81$276,549,384$12,256,152$2,535,517$188,883,552
82$304,564,117$12,663,399$2,427,152$207,774,848
83$335,430,264$13,084,512$2,309,069$228,583,689
84$369,438,477$13,519,979$2,180,748$251,505,451
85$406,909,049$13,970,305$2,041,650$276,755,428
86$448,194,936$14,436,015$1,891,210$304,570,874
87$493,685,090$14,917,650$1,728,836$335,213,237
88$543,808,130$15,415,776$1,553,913$368,970,628
89$599,036,385$15,930,975$1,365,795$406,160,540
90$659,890,357$16,463,853$1,163,810$447,132,846
91$726,943,630$17,015,039$947,254$492,273,103
92$800,828,287$17,585,183$715,394$542,006,187
93$882,240,877$18,174,960$467,464$596,800,309
94$971,948,985$18,785,073$202,663$657,171,431
95$1,070,798,487$19,416,246$0$723,688,139
96$1,179,721,524$20,069,234$0$796,994,066
97$1,299,745,312$20,744,819$0$877,809,899
98$1,432,001,830$21,443,811$0$966,853,446
99$1,577,738,511$22,167,052$0$1,064,963,423
100$1,738,330,018$22,915,416$0$1,173,064,076