Can I retire at age 30 with 2,270,000?

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 $2,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$187,454$185,785$184,156$182,566$181,013$178,974
2 years$92,799$91,071$89,396$87,772$86,197$84,144
3 years$61,252$59,516$57,845$56,236$54,687$52,684
4 years$45,481$43,750$42,096$40,515$39,003$37,066
5 years$36,021$34,301$32,669$31,119$29,649$27,783
6 years$29,716$28,009$26,401$24,887$23,461$21,668
7 years$25,215$23,522$21,939$20,461$19,080$17,361
8 years$21,840$20,163$18,606$17,164$15,829$14,184
9 years$19,217$17,555$16,026$14,620$13,330$11,759
10 years$17,120$15,474$13,972$12,602$11,358$9,859
11 years$15,405$13,776$12,300$10,968$9,768$8,340
12 years$13,977$12,364$10,916$9,620$8,465$7,107
13 years$12,769$11,174$9,753$8,493$7,381$6,091
14 years$11,735$10,157$8,763$7,539$6,471$5,246
15 years$10,840$9,278$7,912$6,724$5,697$4,537
16 years$10,057$8,513$7,173$6,020$5,035$3,937
17 years$9,367$7,840$6,527$5,409$4,465$3,427
18 years$8,755$7,244$5,959$4,875$3,970$2,990
19 years$8,207$6,714$5,455$4,405$3,538$2,614
20 years$7,715$6,239$5,006$3,989$3,160$2,290
21 years$7,270$5,811$4,605$3,621$2,828$2,009
22 years$6,867$5,425$4,244$3,292$2,535$1,765
23 years$6,499$5,074$3,919$2,998$2,276$1,553
24 years$6,162$4,754$3,624$2,734$2,045$1,367
25 years$5,852$4,461$3,357$2,497$1,841$1,205
26 years$5,567$4,193$3,113$2,283$1,658$1,063
27 years$5,304$3,946$2,891$2,090$1,495$938
28 years$5,059$3,718$2,687$1,915$1,349$828
29 years$4,832$3,508$2,501$1,756$1,218$732
30 years$4,621$3,313$2,329$1,612$1,100$647
31 years$4,423$3,131$2,172$1,480$995$572
32 years$4,238$2,963$2,026$1,360$900$507
33 years$4,065$2,806$1,892$1,251$814$448
34 years$3,903$2,659$1,768$1,151$737$397
35 years$3,750$2,522$1,653$1,059$668$351
36 years$3,605$2,394$1,546$976$605$311
37 years$3,469$2,274$1,447$899$548$276
38 years$3,341$2,161$1,355$829$497$244
39 years$3,219$2,055$1,270$764$451$217
40 years$3,103$1,955$1,190$705$409$192
41 years$2,994$1,861$1,116$650$371$170
42 years$2,890$1,772$1,047$600$337$151
43 years$2,791$1,689$982$554$306$134
44 years$2,697$1,610$922$511$277$119
45 years$2,607$1,535$866$472$252$105
46 years$2,522$1,464$813$436$229$93
47 years$2,440$1,397$764$403$208$83
48 years$2,362$1,334$718$372$189$73
49 years$2,288$1,274$675$344$171$65
50 years$2,216$1,217$634$318$156$58

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,270,000, adding $5,711 every year, while hoping to spend $42,611 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: 73/5/22 Blend
29$2,270,000$2,270,000$2,270,000$2,270,000
30$2,507,431$2,387,121$2,351,936$2,676,596
31$2,717,851$2,458,752$2,385,388$2,861,551
32$2,948,306$2,532,465$2,418,533$3,058,465
33$3,200,794$2,608,317$2,451,314$3,273,138
34$3,477,517$2,686,366$2,483,675$3,507,330
35$3,780,897$2,766,672$2,515,552$3,762,979
36$4,113,606$2,849,296$2,546,880$4,042,223
37$4,478,583$2,934,301$2,577,590$4,347,415
38$4,879,068$3,021,751$2,607,609$4,681,146
39$5,318,628$3,111,712$2,636,859$5,046,273
40$5,801,193$3,204,250$2,665,258$5,445,942
41$6,331,091$3,299,435$2,692,721$5,883,619
42$6,913,092$3,397,337$2,719,156$6,363,125
43$7,552,448$3,498,027$2,744,468$6,888,667
44$8,254,946$3,601,578$2,768,557$7,464,882
45$9,026,961$3,708,067$2,791,314$8,096,877
46$9,875,518$3,817,568$2,812,630$8,790,282
47$10,808,353$3,930,161$2,832,385$9,551,300
48$11,833,991$4,045,926$2,850,457$10,386,764
49$12,961,825$4,164,943$2,866,714$11,304,204
50$14,202,203$4,287,297$2,881,020$12,311,918
51$15,566,524$4,413,071$2,893,231$13,419,050
52$17,067,350$4,542,352$2,903,195$14,635,675
53$18,718,522$4,675,229$2,910,754$15,972,896
54$20,535,288$4,811,792$2,915,740$17,442,946
55$22,534,449$4,952,132$2,917,980$19,059,307
56$24,734,518$5,096,342$2,917,288$20,836,834
57$27,155,894$5,244,517$2,913,471$22,791,899
58$29,821,051$5,396,755$2,906,329$24,942,542
59$32,754,755$5,553,152$2,895,647$27,308,642
60$35,984,293$5,713,810$2,881,204$29,912,106
61$39,539,733$5,878,829$2,862,767$32,777,074
62$43,454,207$6,048,313$2,840,091$35,930,151
63$47,764,222$6,222,366$2,812,921$39,400,652
64$52,510,006$6,401,095$2,780,987$43,220,884
65$57,735,886$6,584,608$2,744,009$47,426,447
66$63,490,706$6,773,014$2,701,693$52,056,576
67$69,828,289$6,966,422$2,653,730$57,154,503
68$76,807,944$7,164,946$2,599,799$62,767,874
69$84,495,024$7,368,698$2,539,563$68,949,193
70$92,961,546$7,577,794$2,472,667$75,756,319
71$102,286,866$7,792,348$2,398,744$83,253,014
72$112,558,430$8,012,477$2,317,406$91,509,545
73$123,872,601$8,238,299$2,228,250$100,603,345
74$136,335,563$8,469,933$2,130,853$110,619,747
75$150,064,328$8,707,497$2,024,774$121,652,787
76$165,187,837$8,951,112$1,909,552$133,806,095
77$181,848,178$9,200,898$1,784,703$147,193,874
78$200,201,925$9,456,975$1,649,724$161,941,972
79$220,421,620$9,719,466$1,504,088$178,189,079
80$242,697,395$9,988,490$1,347,245$196,088,031
81$267,238,772$10,264,168$1,178,620$215,807,256
82$294,276,636$10,546,621$997,613$237,532,363
83$324,065,416$10,835,969$803,596$261,467,893
84$356,885,487$11,132,330$595,916$287,839,256
85$393,045,816$11,435,824$373,889$316,894,852
86$432,886,876$11,746,566$136,800$348,908,426
87$476,783,861$12,064,671$0$384,181,641
88$525,150,228$12,390,253$0$423,074,219
89$578,441,599$12,723,423$0$465,961,272
90$637,160,060$13,064,289$0$513,214,569
91$701,858,902$13,412,955$0$565,279,214
92$773,147,845$13,769,525$0$622,645,705
93$851,698,789$14,134,095$0$685,854,564
94$938,252,160$14,506,760$0$755,501,437
95$1,033,623,897$14,887,609$0$832,242,718
96$1,138,713,158$15,276,724$0$916,801,747
97$1,254,510,801$15,674,185$0$1,009,975,631
98$1,382,108,744$16,080,061$0$1,112,642,778
99$1,522,710,269$16,494,418$0$1,225,771,182
100$1,677,641,383$16,917,311$0$1,350,427,563