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%13.5%
1 years$187,454$185,785$184,156$182,566$181,013$178,382
2 years$92,799$91,071$89,396$87,772$86,197$83,551
3 years$61,252$59,516$57,845$56,236$54,687$52,109
4 years$45,481$43,750$42,096$40,515$39,003$36,513
5 years$36,021$34,301$32,669$31,119$29,649$27,255
6 years$29,716$28,009$26,401$24,887$23,461$21,164
7 years$25,215$23,522$21,939$20,461$19,080$16,882
8 years$21,840$20,163$18,606$17,164$15,829$13,729
9 years$19,217$17,555$16,026$14,620$13,330$11,328
10 years$17,120$15,474$13,972$12,602$11,358$9,452
11 years$15,405$13,776$12,300$10,968$9,768$7,956
12 years$13,977$12,364$10,916$9,620$8,465$6,745
13 years$12,769$11,174$9,753$8,493$7,381$5,751
14 years$11,735$10,157$8,763$7,539$6,471$4,927
15 years$10,840$9,278$7,912$6,724$5,697$4,238
16 years$10,057$8,513$7,173$6,020$5,035$3,657
17 years$9,367$7,840$6,527$5,409$4,465$3,165
18 years$8,755$7,244$5,959$4,875$3,970$2,746
19 years$8,207$6,714$5,455$4,405$3,538$2,387
20 years$7,715$6,239$5,006$3,989$3,160$2,078
21 years$7,270$5,811$4,605$3,621$2,828$1,813
22 years$6,867$5,425$4,244$3,292$2,535$1,583
23 years$6,499$5,074$3,919$2,998$2,276$1,384
24 years$6,162$4,754$3,624$2,734$2,045$1,211
25 years$5,852$4,461$3,357$2,497$1,841$1,060
26 years$5,567$4,193$3,113$2,283$1,658$929
27 years$5,304$3,946$2,891$2,090$1,495$815
28 years$5,059$3,718$2,687$1,915$1,349$715
29 years$4,832$3,508$2,501$1,756$1,218$628
30 years$4,621$3,313$2,329$1,612$1,100$552
31 years$4,423$3,131$2,172$1,480$995$485
32 years$4,238$2,963$2,026$1,360$900$426
33 years$4,065$2,806$1,892$1,251$814$375
34 years$3,903$2,659$1,768$1,151$737$329
35 years$3,750$2,522$1,653$1,059$668$290
36 years$3,605$2,394$1,546$976$605$255
37 years$3,469$2,274$1,447$899$548$224
38 years$3,341$2,161$1,355$829$497$197
39 years$3,219$2,055$1,270$764$451$174
40 years$3,103$1,955$1,190$705$409$153
41 years$2,994$1,861$1,116$650$371$135
42 years$2,890$1,772$1,047$600$337$119
43 years$2,791$1,689$982$554$306$104
44 years$2,697$1,610$922$511$277$92
45 years$2,607$1,535$866$472$252$81
46 years$2,522$1,464$813$436$229$71
47 years$2,440$1,397$764$403$208$63
48 years$2,362$1,334$718$372$189$55
49 years$2,288$1,274$675$344$171$49
50 years$2,216$1,217$634$318$156$43

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 $5,027 every year, while hoping to spend $55,261 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: 22/48/30 Blend
29$2,270,000$2,270,000$2,270,000$2,270,000
30$2,506,725$2,386,415$2,351,230$2,538,047
31$2,703,614$2,444,552$2,371,199$2,624,829
32$2,918,733$2,503,686$2,389,985$2,712,686
33$3,153,884$2,563,807$2,407,490$2,805,502
34$3,411,050$2,624,903$2,423,610$2,903,721
35$3,692,414$2,686,960$2,438,238$3,007,831
36$4,000,380$2,749,961$2,451,259$3,118,371
37$4,337,596$2,813,886$2,462,553$3,235,936
38$4,706,977$2,878,713$2,471,995$3,361,183
39$5,111,734$2,944,415$2,479,452$3,494,836
40$5,555,403$3,010,963$2,484,785$3,637,693
41$6,041,877$3,078,324$2,487,849$3,790,638
42$6,575,446$3,146,459$2,488,489$3,954,644
43$7,160,833$3,215,328$2,486,546$4,130,786
44$7,803,244$3,284,884$2,481,850$4,320,249
45$8,508,408$3,355,077$2,474,226$4,524,344
46$9,282,640$3,425,849$2,463,486$4,744,515
47$10,132,894$3,497,141$2,449,438$4,982,357
48$11,066,832$3,568,884$2,431,877$5,239,630
49$12,092,894$3,641,004$2,410,590$5,518,278
50$13,220,377$3,713,421$2,385,353$5,820,445
51$14,459,525$3,786,048$2,355,932$6,148,498
52$15,821,622$3,858,790$2,322,081$6,505,050
53$17,319,100$3,931,544$2,283,544$6,892,982
54$18,965,657$4,004,198$2,240,051$7,315,476
55$20,776,383$4,076,633$2,191,322$7,776,044
56$22,767,904$4,148,718$2,137,061$8,278,560
57$24,958,539$4,220,314$2,076,961$8,827,299
58$27,368,471$4,291,270$2,010,700$9,426,978
59$30,019,936$4,361,424$1,937,940$10,082,804
60$32,937,437$4,430,601$1,858,329$10,800,519
61$36,147,971$4,498,615$1,771,498$11,586,460
62$39,681,283$4,565,266$1,677,061$12,447,619
63$43,570,148$4,630,339$1,574,618$13,391,710
64$47,850,681$4,693,603$1,463,745$14,427,241
65$52,562,674$4,754,814$1,344,005$15,563,600
66$57,749,975$4,813,707$1,214,936$16,811,144
67$63,460,895$4,870,002$1,076,060$18,181,294
68$69,748,674$4,923,399$926,875$19,686,651
69$76,671,970$4,973,578$766,857$21,341,114
70$84,295,424$5,020,196$595,460$23,160,013
71$92,690,263$5,062,891$412,113$25,160,256
72$101,934,971$5,101,274$216,220$27,360,492
73$112,116,034$5,134,932$7,159$29,781,287
74$123,328,752$5,163,426$0$32,445,324
75$135,678,138$5,186,288$0$35,446,741
76$149,279,913$5,203,021$0$38,750,939
77$164,261,590$5,213,095$0$42,386,270
78$180,763,685$5,215,950$0$46,386,516
79$198,941,038$5,210,988$0$50,788,913
80$218,964,273$5,197,575$0$55,634,508
81$241,021,412$5,175,040$0$60,968,543
82$265,319,648$5,142,668$0$66,840,889
83$292,087,296$5,099,703$0$73,306,516
84$321,575,953$5,045,341$0$80,426,013
85$354,062,869$4,978,732$0$88,266,168
86$389,853,565$4,898,974$0$96,900,592
87$429,284,715$4,805,110$0$106,410,428
88$472,727,324$4,696,128$0$116,885,107
89$520,590,229$4,570,957$0$128,423,208
90$573,323,960$4,428,461$0$141,133,381
91$631,424,987$4,267,438$0$155,135,383
92$695,440,411$4,086,618$0$170,561,211
93$765,973,126$3,884,656$0$187,556,350
94$843,687,509$3,660,127$0$206,281,152
95$929,315,689$3,411,529$0$226,912,353
96$1,023,664,464$3,137,268$0$249,644,750
97$1,127,622,909$2,835,664$0$274,693,040
98$1,242,170,773$2,504,938$0$302,293,853
99$1,368,387,724$2,143,212$0$332,707,996
100$1,507,463,543$1,748,501$0$366,222,916