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%11.9%
1 years$186,629$184,966$183,344$181,761$180,216$178,780
2 years$92,390$90,670$89,002$87,385$85,817$84,370
3 years$60,982$59,254$57,590$55,989$54,446$53,032
4 years$45,281$43,558$41,911$40,337$38,831$37,462
5 years$35,862$34,150$32,525$30,982$29,519$28,198
6 years$29,585$27,886$26,285$24,777$23,357$22,086
7 years$25,104$23,419$21,843$20,370$18,996$17,775
8 years$21,744$20,074$18,524$17,088$15,759$14,588
9 years$19,132$17,478$15,955$14,555$13,271$12,151
10 years$17,044$15,406$13,910$12,547$11,308$10,237
11 years$15,337$13,715$12,246$10,920$9,725$8,703
12 years$13,915$12,310$10,868$9,578$8,427$7,453
13 years$12,713$11,125$9,710$8,456$7,349$6,421
14 years$11,683$10,112$8,724$7,506$6,442$5,560
15 years$10,792$9,237$7,877$6,694$5,672$4,834
16 years$10,013$8,475$7,142$5,994$5,013$4,218
17 years$9,326$7,805$6,499$5,385$4,445$3,692
18 years$8,716$7,212$5,932$4,853$3,952$3,240
19 years$8,171$6,684$5,431$4,385$3,523$2,849
20 years$7,681$6,211$4,984$3,972$3,146$2,510
21 years$7,238$5,786$4,584$3,605$2,816$2,215
22 years$6,836$5,401$4,225$3,278$2,524$1,958
23 years$6,470$5,051$3,901$2,985$2,266$1,733
24 years$6,135$4,733$3,608$2,722$2,036$1,535
25 years$5,827$4,441$3,342$2,486$1,832$1,362
26 years$5,543$4,174$3,099$2,273$1,651$1,209
27 years$5,280$3,928$2,878$2,081$1,488$1,074
28 years$5,037$3,702$2,675$1,906$1,343$954
29 years$4,811$3,492$2,490$1,748$1,213$849
30 years$4,600$3,298$2,319$1,604$1,096$755
31 years$4,404$3,118$2,162$1,474$991$672
32 years$4,220$2,950$2,017$1,354$896$599
33 years$4,047$2,794$1,883$1,245$811$534
34 years$3,885$2,648$1,760$1,146$734$476
35 years$3,733$2,511$1,645$1,055$665$424
36 years$3,589$2,384$1,539$971$602$378
37 years$3,454$2,264$1,441$895$546$337
38 years$3,326$2,152$1,349$825$495$301
39 years$3,205$2,046$1,264$761$449$268
40 years$3,090$1,946$1,185$702$407$240
41 years$2,981$1,853$1,111$647$369$214
42 years$2,877$1,765$1,042$597$335$191
43 years$2,779$1,681$978$551$304$170
44 years$2,685$1,603$918$509$276$152
45 years$2,596$1,528$862$470$251$136
46 years$2,511$1,458$809$434$228$121
47 years$2,430$1,391$760$401$207$108
48 years$2,352$1,328$715$371$188$97
49 years$2,278$1,268$672$343$170$86
50 years$2,207$1,212$631$317$155$77

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 $5,413 every year, while hoping to spend $46,376 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: 65/12/23 Blend
29$2,260,000$2,260,000$2,260,000$2,260,000
30$2,496,104$2,376,324$2,341,294$2,643,182
31$2,701,362$2,443,420$2,370,383$2,809,957
32$2,926,003$2,512,249$2,398,893$2,986,433
33$3,171,954$2,582,848$2,426,755$3,178,246
34$3,441,339$2,655,253$2,453,896$3,386,903
35$3,736,494$2,729,499$2,480,240$3,614,068
36$4,059,996$2,805,624$2,505,708$3,861,569
37$4,414,680$2,883,664$2,530,213$4,131,423
38$4,803,669$2,963,655$2,553,667$4,425,850
39$5,230,404$3,045,635$2,575,976$4,747,297
40$5,698,674$3,129,640$2,597,040$5,098,460
41$6,212,653$3,215,707$2,616,755$5,482,308
42$6,776,939$3,303,871$2,635,011$5,902,112
43$7,396,595$3,394,169$2,651,692$6,361,478
44$8,077,201$3,486,636$2,666,677$6,864,378
45$8,824,902$3,581,309$2,679,838$7,415,188
46$9,646,470$3,678,220$2,691,040$8,018,731
47$10,549,362$3,777,406$2,700,142$8,680,320
48$11,541,796$3,878,898$2,706,997$9,405,810
49$12,632,826$3,982,730$2,711,447$10,201,653
50$13,832,424$4,088,934$2,713,330$11,074,958
51$15,151,579$4,197,539$2,712,475$12,033,561
52$16,602,397$4,308,576$2,708,700$13,086,093
53$18,198,218$4,422,073$2,701,818$14,242,069
54$19,953,738$4,538,056$2,691,630$15,511,971
55$21,885,148$4,656,550$2,677,929$16,907,353
56$24,010,291$4,777,578$2,660,497$18,440,945
57$26,348,823$4,901,162$2,639,106$20,126,777
58$28,922,404$5,027,320$2,613,517$21,980,310
59$31,754,899$5,156,068$2,583,480$24,018,580
60$34,872,605$5,287,422$2,548,733$26,260,363
61$38,304,496$5,421,390$2,509,000$28,726,352
62$42,082,498$5,557,983$2,463,996$31,439,346
63$46,241,792$5,697,203$2,413,419$34,424,475
64$50,821,140$5,839,051$2,356,954$37,709,431
65$55,863,257$5,983,525$2,294,272$41,324,731
66$61,415,207$6,130,616$2,225,028$45,304,006
67$67,528,854$6,280,312$2,148,863$49,684,319
68$74,261,347$6,432,596$2,065,399$54,506,512
69$81,675,656$6,587,446$1,974,242$59,815,597
70$89,841,175$6,744,832$1,874,980$65,661,178
71$98,834,366$6,904,720$1,767,184$72,097,920
72$108,739,488$7,067,069$1,650,402$79,186,065
73$119,649,390$7,231,829$1,524,164$86,992,003
74$131,666,383$7,398,944$1,387,979$95,588,897
75$144,903,212$7,568,350$1,241,334$105,057,375
76$159,484,113$7,739,973$1,083,692$115,486,292
77$175,545,990$7,913,729$914,493$126,973,569
78$193,239,706$8,089,526$733,153$139,627,119
79$212,731,503$8,267,260$539,061$153,565,863
80$234,204,576$8,446,816$331,579$168,920,858
81$257,860,798$8,628,065$110,042$185,836,533
82$283,922,626$8,810,867$0$204,472,051
83$312,635,202$8,995,067$0$225,033,829
84$344,268,663$9,180,496$0$247,714,988
85$379,120,694$9,366,968$0$272,701,702
86$417,519,336$9,554,281$0$300,228,919
87$459,826,083$9,742,214$0$330,555,548
88$506,439,290$9,930,529$0$363,966,900
89$557,797,939$10,118,967$0$400,777,384
90$614,385,778$10,307,246$0$441,333,471
91$676,735,889$10,495,062$0$486,016,969
92$745,435,718$10,682,089$0$535,248,623
93$821,132,622$10,867,972$0$589,492,087
94$904,539,978$11,052,331$0$649,258,305
95$996,443,917$11,234,756$0$715,110,329
96$1,097,710,744$11,414,807$0$787,668,637
97$1,209,295,119$11,592,012$0$867,616,990
98$1,332,249,063$11,765,862$0$955,708,885
99$1,467,731,894$11,935,816$0$1,052,774,671
100$1,617,021,166$12,101,290$0$1,159,729,385