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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.2%
1 years$187,454$185,785$184,156$182,566$181,013$175,712
2 years$92,799$91,071$89,396$87,772$86,197$80,898
3 years$61,252$59,516$57,845$56,236$54,687$49,558
4 years$45,481$43,750$42,096$40,515$39,003$34,083
5 years$36,021$34,301$32,669$31,119$29,649$24,951
6 years$29,716$28,009$26,401$24,887$23,461$18,989
7 years$25,215$23,522$21,939$20,461$19,080$14,834
8 years$21,840$20,163$18,606$17,164$15,829$11,807
9 years$19,217$17,555$16,026$14,620$13,330$9,528
10 years$17,120$15,474$13,972$12,602$11,358$7,770
11 years$15,405$13,776$12,300$10,968$9,768$6,389
12 years$13,977$12,364$10,916$9,620$8,465$5,287
13 years$12,769$11,174$9,753$8,493$7,381$4,398
14 years$11,735$10,157$8,763$7,539$6,471$3,674
15 years$10,840$9,278$7,912$6,724$5,697$3,080
16 years$10,057$8,513$7,173$6,020$5,035$2,589
17 years$9,367$7,840$6,527$5,409$4,465$2,182
18 years$8,755$7,244$5,959$4,875$3,970$1,842
19 years$8,207$6,714$5,455$4,405$3,538$1,558
20 years$7,715$6,239$5,006$3,989$3,160$1,319
21 years$7,270$5,811$4,605$3,621$2,828$1,118
22 years$6,867$5,425$4,244$3,292$2,535$949
23 years$6,499$5,074$3,919$2,998$2,276$806
24 years$6,162$4,754$3,624$2,734$2,045$685
25 years$5,852$4,461$3,357$2,497$1,841$583
26 years$5,567$4,193$3,113$2,283$1,658$496
27 years$5,304$3,946$2,891$2,090$1,495$422
28 years$5,059$3,718$2,687$1,915$1,349$359
29 years$4,832$3,508$2,501$1,756$1,218$306
30 years$4,621$3,313$2,329$1,612$1,100$261
31 years$4,423$3,131$2,172$1,480$995$222
32 years$4,238$2,963$2,026$1,360$900$189
33 years$4,065$2,806$1,892$1,251$814$161
34 years$3,903$2,659$1,768$1,151$737$138
35 years$3,750$2,522$1,653$1,059$668$117
36 years$3,605$2,394$1,546$976$605$100
37 years$3,469$2,274$1,447$899$548$85
38 years$3,341$2,161$1,355$829$497$73
39 years$3,219$2,055$1,270$764$451$62
40 years$3,103$1,955$1,190$705$409$53
41 years$2,994$1,861$1,116$650$371$45
42 years$2,890$1,772$1,047$600$337$39
43 years$2,791$1,689$982$554$306$33
44 years$2,697$1,610$922$511$277$28
45 years$2,607$1,535$866$472$252$24
46 years$2,522$1,464$813$436$229$20
47 years$2,440$1,397$764$403$208$17
48 years$2,362$1,334$718$372$189$15
49 years$2,288$1,274$675$344$171$13
50 years$2,216$1,217$634$318$156$11

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 $4,435 every year, while hoping to spend $37,979 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: 53/39/8 Blend
29$2,270,000$2,270,000$2,270,000$2,270,000
30$2,506,115$2,385,805$2,350,620$2,633,780
31$2,721,329$2,462,300$2,388,956$2,797,355
32$2,957,222$2,541,270$2,427,304$2,970,705
33$3,215,864$2,622,797$2,465,623$3,158,389
34$3,499,532$2,706,965$2,503,872$3,361,767
35$3,810,738$2,793,859$2,542,005$3,582,338
36$4,152,246$2,883,571$2,579,975$3,821,750
37$4,527,101$2,976,192$2,617,730$4,081,814
38$4,938,658$3,071,818$2,655,217$4,364,525
39$5,390,612$3,170,548$2,692,377$4,672,078
40$5,887,034$3,272,485$2,729,152$5,006,886
41$6,432,409$3,377,734$2,765,476$5,371,606
42$7,031,676$3,486,404$2,801,281$5,769,164
43$7,690,278$3,598,609$2,836,494$6,202,779
44$8,414,210$3,714,465$2,871,041$6,675,993
45$9,210,079$3,834,093$2,904,840$7,192,708
46$10,085,161$3,957,617$2,937,806$7,757,218
47$11,047,475$4,085,168$2,969,850$8,374,253
48$12,105,854$4,216,878$3,000,877$9,049,017
49$13,270,031$4,352,885$3,030,786$9,787,245
50$14,550,729$4,493,331$3,059,473$10,595,248
51$15,959,764$4,638,365$3,086,826$11,479,980
52$17,510,154$4,788,139$3,112,728$12,449,095
53$19,216,242$4,942,810$3,137,057$13,511,028
54$21,093,833$5,102,542$3,159,683$14,675,063
55$23,160,341$5,267,503$3,180,469$15,951,430
56$25,434,952$5,437,868$3,199,271$17,351,395
57$27,938,810$5,613,816$3,215,940$18,887,369
58$30,695,211$5,795,536$3,230,316$20,573,020
59$33,729,824$5,983,218$3,242,233$22,423,407
60$37,070,934$6,177,064$3,251,515$24,455,118
61$40,749,708$6,377,279$3,257,980$26,686,424
62$44,800,490$6,584,077$3,261,434$29,137,457
63$49,261,122$6,797,679$3,261,674$31,830,393
64$54,173,304$7,018,313$3,258,488$34,789,664
65$59,582,987$7,246,216$3,251,654$38,042,184
66$65,540,804$7,481,633$3,240,936$41,617,609
67$72,102,549$7,724,816$3,226,091$45,548,609
68$79,329,705$7,976,028$3,206,860$49,871,179
69$87,290,020$8,235,538$3,182,975$54,624,979
70$96,058,151$8,503,629$3,154,154$59,853,703
71$105,716,365$8,780,589$3,120,101$65,605,495
72$116,355,316$9,066,719$3,080,505$71,933,399
73$128,074,899$9,362,330$3,035,044$78,895,862
74$140,985,198$9,667,743$2,983,376$86,557,282
75$155,207,517$9,983,291$2,925,148$94,988,615
76$170,875,530$10,309,318$2,859,987$104,268,046
77$188,136,540$10,646,181$2,787,503$114,481,723
78$207,152,873$10,994,250$2,707,290$125,724,570
79$228,103,403$11,353,905$2,618,921$138,101,184
80$251,185,247$11,725,544$2,521,952$151,726,817
81$276,615,621$12,109,574$2,415,916$166,728,466
82$304,633,892$12,506,420$2,300,326$183,246,070
83$335,503,835$12,916,522$2,174,674$201,433,826
84$369,516,128$13,340,333$2,038,427$221,461,650
85$406,991,088$13,778,324$1,891,029$243,516,775
86$448,281,699$14,230,982$1,731,899$267,805,515
87$493,776,945$14,698,813$1,560,430$294,555,217
88$543,905,477$15,182,338$1,375,988$324,016,401
89$599,139,663$15,682,100$1,177,911$356,465,126
90$660,000,044$16,198,658$965,507$392,205,591
91$727,060,251$16,732,595$738,053$431,573,010
92$800,952,414$17,284,510$494,796$474,936,769
93$882,373,138$17,855,028$234,949$522,703,917
94$972,090,067$18,444,794$0$575,323,003
95$1,070,949,142$19,054,477$0$633,291,924
96$1,179,882,578$19,684,769$0$697,173,382
97$1,299,917,668$20,336,390$0$767,547,596
98$1,432,186,479$21,010,083$0$845,076,065
99$1,577,936,542$21,706,619$0$930,487,737
100$1,738,542,623$22,426,796$0$1,024,585,885