Can I retire at age 30 with 2,290,000?

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 $2,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$189,106$187,422$185,778$184,174$182,608$175,849
2 years$93,617$91,873$90,184$88,545$86,956$80,223
3 years$61,791$60,040$58,355$56,732$55,169$48,673
4 years$45,882$44,136$42,467$40,872$39,347$33,138
5 years$36,338$34,603$32,956$31,394$29,911$24,005
6 years$29,978$28,256$26,634$25,106$23,667$18,069
7 years$25,437$23,729$22,133$20,641$19,248$13,956
8 years$22,033$20,340$18,770$17,315$15,968$10,977
9 years$19,386$17,710$16,167$14,749$13,447$8,751
10 years$17,270$15,611$14,095$12,713$11,458$7,047
11 years$15,540$13,897$12,409$11,065$9,854$5,720
12 years$14,100$12,473$11,012$9,705$8,539$4,671
13 years$12,882$11,272$9,839$8,568$7,446$3,833
14 years$11,838$10,246$8,840$7,606$6,528$3,158
15 years$10,935$9,360$7,982$6,783$5,747$2,610
16 years$10,146$8,588$7,236$6,073$5,080$2,163
17 years$9,450$7,909$6,585$5,457$4,504$1,796
18 years$8,832$7,308$6,011$4,918$4,005$1,494
19 years$8,279$6,773$5,503$4,444$3,569$1,244
20 years$7,783$6,294$5,050$4,025$3,188$1,038
21 years$7,334$5,863$4,645$3,653$2,853$866
22 years$6,927$5,472$4,281$3,321$2,557$724
23 years$6,556$5,118$3,953$3,025$2,296$605
24 years$6,216$4,796$3,656$2,759$2,063$506
25 years$5,904$4,500$3,386$2,519$1,857$424
26 years$5,616$4,230$3,140$2,303$1,673$355
27 years$5,350$3,981$2,916$2,108$1,508$297
28 years$5,104$3,751$2,711$1,932$1,361$249
29 years$4,875$3,539$2,523$1,771$1,229$208
30 years$4,661$3,342$2,350$1,626$1,110$175
31 years$4,462$3,159$2,191$1,493$1,004$146
32 years$4,276$2,989$2,044$1,372$908$123
33 years$4,101$2,831$1,908$1,262$822$103
34 years$3,937$2,683$1,783$1,161$744$86
35 years$3,783$2,545$1,667$1,069$674$72
36 years$3,637$2,415$1,560$984$610$61
37 years$3,500$2,294$1,460$907$553$51
38 years$3,370$2,180$1,367$836$502$43
39 years$3,247$2,073$1,281$771$455$36
40 years$3,131$1,972$1,200$711$413$30
41 years$3,020$1,877$1,126$656$374$25
42 years$2,916$1,788$1,056$605$340$21
43 years$2,816$1,704$991$559$308$18
44 years$2,721$1,624$930$516$280$15
45 years$2,630$1,549$873$477$254$12
46 years$2,544$1,477$820$440$231$10
47 years$2,462$1,410$771$407$209$9
48 years$2,383$1,346$724$376$190$7
49 years$2,308$1,285$681$347$173$6
50 years$2,236$1,228$640$321$157$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,290,000, adding $4,328 every year, while hoping to spend $31,632 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: 76/15/9 Blend
29$2,290,000$2,290,000$2,290,000$2,290,000
30$2,528,044$2,406,674$2,371,179$2,716,141
31$2,752,249$2,490,945$2,416,958$2,924,785
32$2,998,262$2,578,285$2,463,209$3,148,964
33$3,268,274$2,668,811$2,509,917$3,393,790
34$3,564,700$2,762,645$2,557,061$3,661,301
35$3,890,198$2,859,913$2,604,621$3,953,744
36$4,247,697$2,960,747$2,652,574$4,273,588
37$4,640,422$3,065,284$2,700,896$4,623,556
38$5,071,929$3,173,666$2,749,559$5,006,643
39$5,546,131$3,286,042$2,798,536$5,426,151
40$6,067,344$3,402,565$2,847,794$5,885,714
41$6,640,319$3,523,397$2,897,301$6,389,332
42$7,270,292$3,648,704$2,947,020$6,941,416
43$7,963,031$3,778,659$2,996,915$7,546,819
44$8,724,891$3,913,444$3,046,942$8,210,889
45$9,562,874$4,053,247$3,097,059$8,939,515
46$10,484,694$4,198,264$3,147,218$9,739,186
47$11,498,852$4,348,698$3,197,369$10,617,048
48$12,614,713$4,504,762$3,247,459$11,580,973
49$13,842,596$4,666,677$3,297,431$12,639,632
50$15,193,870$4,834,674$3,347,224$13,802,580
51$16,681,063$5,008,991$3,396,774$15,080,339
52$18,317,978$5,189,878$3,446,012$16,484,504
53$20,119,825$5,377,595$3,494,867$18,027,847
54$22,103,362$5,572,413$3,543,260$19,724,440
55$24,287,057$5,774,613$3,591,112$21,589,785
56$26,691,258$5,984,490$3,638,335$23,640,964
57$29,338,384$6,202,348$3,684,837$25,896,793
58$32,253,144$6,428,507$3,730,523$28,378,007
59$35,462,759$6,663,298$3,775,290$31,107,447
60$38,997,228$6,907,068$3,819,031$34,110,284
61$42,889,608$7,160,177$3,861,630$37,414,248
62$47,176,322$7,422,999$3,902,969$41,049,893
63$51,897,508$7,695,927$3,942,919$45,050,885
64$57,097,394$7,979,369$3,981,348$49,454,320
65$62,824,719$8,273,748$4,018,114$54,301,069
66$69,133,188$8,579,510$4,053,068$59,636,168
67$76,081,982$8,897,114$4,086,054$65,509,240
68$83,736,314$9,227,043$4,116,908$71,974,966
69$92,168,049$9,569,799$4,145,455$79,093,594
70$101,456,375$9,925,904$4,171,513$86,931,513
71$111,688,557$10,295,905$4,194,890$95,561,876
72$122,960,757$10,680,371$4,215,385$105,065,292
73$135,378,939$11,079,894$4,232,786$115,530,584
74$149,059,875$11,495,094$4,246,869$127,055,627
75$164,132,245$11,926,616$4,257,401$139,748,271
76$180,737,846$12,375,132$4,264,136$153,727,359
77$199,032,938$12,841,345$4,266,817$169,123,848
78$219,189,714$13,325,987$4,265,171$186,082,045
79$241,397,927$13,829,823$4,258,917$204,760,964
80$265,866,679$14,353,648$4,247,754$225,335,833
81$292,826,399$14,898,295$4,231,373$247,999,739
82$322,531,012$15,464,632$4,209,443$272,965,459
83$355,260,339$16,053,563$4,181,624$300,467,459
84$391,322,739$16,666,033$4,147,554$330,764,111
85$431,058,018$17,303,028$4,106,856$364,140,130
86$474,840,637$17,965,578$4,059,137$400,909,260
87$523,083,246$18,654,755$4,003,983$441,417,234
88$576,240,581$19,371,681$3,940,959$486,045,041
89$634,813,753$20,117,527$3,869,614$535,212,512
90$699,354,982$20,893,512$3,789,473$589,382,293
91$770,472,810$21,700,914$3,700,040$649,064,202
92$848,837,839$22,541,061$3,600,794$714,820,047
93$935,189,071$23,415,346$3,491,193$787,268,922
94$1,030,340,877$24,325,218$3,370,668$867,093,058
95$1,135,190,685$25,272,193$3,238,625$955,044,252
96$1,250,727,459$26,257,854$3,094,442$1,051,950,971
97$1,378,041,023$27,283,853$2,937,470$1,158,726,167
98$1,518,332,362$28,351,915$2,767,029$1,276,375,896
99$1,672,924,948$29,463,844$2,582,410$1,406,008,813
100$1,843,277,243$30,621,523$2,382,871$1,548,846,635