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%14.7%
1 years$189,106$187,422$185,778$184,174$182,608$179,067
2 years$93,617$91,873$90,184$88,545$86,956$83,404
3 years$61,791$60,040$58,355$56,732$55,169$51,715
4 years$45,882$44,136$42,467$40,872$39,347$36,018
5 years$36,338$34,603$32,956$31,394$29,911$26,717
6 years$29,978$28,256$26,634$25,106$23,667$20,612
7 years$25,437$23,729$22,133$20,641$19,248$16,331
8 years$22,033$20,340$18,770$17,315$15,968$13,189
9 years$19,386$17,710$16,167$14,749$13,447$10,805
10 years$17,270$15,611$14,095$12,713$11,458$8,950
11 years$15,540$13,897$12,409$11,065$9,854$7,477
12 years$14,100$12,473$11,012$9,705$8,539$6,290
13 years$12,882$11,272$9,839$8,568$7,446$5,321
14 years$11,838$10,246$8,840$7,606$6,528$4,522
15 years$10,935$9,360$7,982$6,783$5,747$3,857
16 years$10,146$8,588$7,236$6,073$5,080$3,301
17 years$9,450$7,909$6,585$5,457$4,504$2,832
18 years$8,832$7,308$6,011$4,918$4,005$2,436
19 years$8,279$6,773$5,503$4,444$3,569$2,099
20 years$7,783$6,294$5,050$4,025$3,188$1,811
21 years$7,334$5,863$4,645$3,653$2,853$1,565
22 years$6,927$5,472$4,281$3,321$2,557$1,354
23 years$6,556$5,118$3,953$3,025$2,296$1,173
24 years$6,216$4,796$3,656$2,759$2,063$1,017
25 years$5,904$4,500$3,386$2,519$1,857$882
26 years$5,616$4,230$3,140$2,303$1,673$766
27 years$5,350$3,981$2,916$2,108$1,508$665
28 years$5,104$3,751$2,711$1,932$1,361$578
29 years$4,875$3,539$2,523$1,771$1,229$503
30 years$4,661$3,342$2,350$1,626$1,110$437
31 years$4,462$3,159$2,191$1,493$1,004$380
32 years$4,276$2,989$2,044$1,372$908$331
33 years$4,101$2,831$1,908$1,262$822$288
34 years$3,937$2,683$1,783$1,161$744$251
35 years$3,783$2,545$1,667$1,069$674$218
36 years$3,637$2,415$1,560$984$610$190
37 years$3,500$2,294$1,460$907$553$166
38 years$3,370$2,180$1,367$836$502$144
39 years$3,247$2,073$1,281$771$455$126
40 years$3,131$1,972$1,200$711$413$110
41 years$3,020$1,877$1,126$656$374$95
42 years$2,916$1,788$1,056$605$340$83
43 years$2,816$1,704$991$559$308$72
44 years$2,721$1,624$930$516$280$63
45 years$2,630$1,549$873$477$254$55
46 years$2,544$1,477$820$440$231$48
47 years$2,462$1,410$771$407$209$42
48 years$2,383$1,346$724$376$190$36
49 years$2,308$1,285$681$347$173$32
50 years$2,236$1,228$640$321$157$28

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 $4,755 every year, while hoping to spend $33,436 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: 52/30/18 Blend
29$2,290,000$2,290,000$2,290,000$2,290,000
30$2,528,485$2,407,115$2,371,620$2,647,273
31$2,750,815$2,489,488$2,415,493$2,811,747
32$2,994,701$2,574,776$2,459,716$2,986,654
33$3,262,309$2,663,088$2,504,264$3,176,168
34$3,556,020$2,754,535$2,549,113$3,381,685
35$3,878,459$2,849,233$2,594,234$3,604,742
36$4,232,519$2,947,302$2,639,597$3,847,028
37$4,621,384$3,048,868$2,685,172$4,110,401
38$5,048,564$3,154,061$2,730,924$4,396,907
39$5,517,923$3,263,016$2,776,816$4,708,797
40$6,033,722$3,375,874$2,822,809$5,048,548
41$6,600,650$3,492,780$2,868,862$5,418,887
42$7,223,876$3,613,887$2,914,929$5,822,816
43$7,909,096$3,739,351$2,960,963$6,263,638
44$8,662,582$3,869,338$3,006,914$6,744,990
45$9,491,246$4,004,016$3,052,726$7,270,878
46$10,402,704$4,143,564$3,098,344$7,845,709
47$11,405,347$4,288,166$3,143,705$8,474,340
48$12,508,418$4,438,012$3,188,745$9,162,115
49$13,722,104$4,593,302$3,233,395$9,914,922
50$15,057,628$4,754,243$3,277,583$10,739,243
51$16,527,355$4,921,049$3,321,231$11,642,218
52$18,144,910$5,093,946$3,364,257$12,631,710
53$19,925,306$5,273,165$3,406,576$13,716,380
54$21,885,086$5,458,948$3,448,094$14,905,766
55$24,042,477$5,651,549$3,488,717$16,210,374
56$26,417,562$5,851,227$3,528,342$17,641,777
57$29,032,473$6,058,257$3,566,861$19,212,723
58$31,911,594$6,272,921$3,604,160$20,937,253
59$35,081,797$6,495,514$3,640,120$22,830,837
60$38,572,690$6,726,344$3,674,614$24,910,515
61$42,416,900$6,965,730$3,707,508$27,195,058
62$46,650,378$7,214,005$3,738,664$29,705,147
63$51,312,739$7,471,514$3,767,932$32,463,566
64$56,447,638$7,738,617$3,795,157$35,495,413
65$62,103,178$8,015,691$3,820,176$38,828,343
66$68,332,366$8,303,124$3,842,816$42,492,822
67$75,193,614$8,601,323$3,862,896$46,522,415
68$82,751,286$8,910,711$3,880,227$50,954,104
69$91,076,310$9,231,729$3,894,607$55,828,636
70$100,246,845$9,564,835$3,905,828$61,190,904
71$110,349,018$9,910,508$3,913,669$67,090,372
72$121,477,739$10,269,243$3,917,897$73,581,541
73$133,737,592$10,641,560$3,918,271$80,724,459
74$147,243,828$11,027,997$3,914,534$88,585,293
75$162,123,447$11,429,118$3,906,420$97,236,947
76$178,516,401$11,845,507$3,893,647$106,759,751
77$196,576,912$12,277,775$3,875,922$117,242,217
78$216,474,927$12,726,556$3,852,936$128,781,875
79$238,397,726$13,192,514$3,824,366$141,486,193
80$262,551,685$13,676,338$3,789,873$155,473,587
81$289,164,226$14,178,747$3,749,102$170,874,539
82$318,485,962$14,700,491$3,701,682$187,832,827
83$350,793,065$15,242,350$3,647,224$206,506,884
84$386,389,871$15,805,139$3,585,319$227,071,286
85$425,611,753$16,389,705$3,515,542$249,718,403
86$468,828,285$16,996,934$3,437,446$274,660,213
87$516,446,733$17,627,747$3,350,564$302,130,298
88$568,915,899$18,283,106$3,254,407$332,386,052
89$626,730,356$18,964,013$3,148,465$365,711,105
90$690,435,115$19,671,513$3,032,202$402,418,002
91$760,630,776$20,406,696$2,905,059$442,851,148
92$837,979,189$21,170,698$2,766,452$487,390,061
93$923,209,708$21,964,705$2,615,771$536,452,948
94$1,017,126,075$22,789,952$2,452,376$590,500,657
95$1,120,614,004$23,647,729$2,275,599$650,041,020
96$1,234,649,545$24,539,380$2,084,745$715,633,647
97$1,360,308,299$25,466,310$1,879,083$787,895,205
98$1,498,775,567$26,429,980$1,657,854$867,505,240
99$1,651,357,544$27,431,919$1,420,262$955,212,588
100$1,819,493,650$28,473,719$1,165,477$1,051,842,440