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

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 $2,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$189,106$187,422$185,778$184,174$182,608$177,046
2 years$93,617$91,873$90,184$88,545$86,956$81,400
3 years$61,791$60,040$58,355$56,732$55,169$49,793
4 years$45,882$44,136$42,467$40,872$39,347$34,193
5 years$36,338$34,603$32,956$31,394$29,911$24,992
6 years$29,978$28,256$26,634$25,106$23,667$18,989
7 years$25,437$23,729$22,133$20,641$19,248$14,809
8 years$22,033$20,340$18,770$17,315$15,968$11,766
9 years$19,386$17,710$16,167$14,749$13,447$9,477
10 years$17,270$15,611$14,095$12,713$11,458$7,714
11 years$15,540$13,897$12,409$11,065$9,854$6,331
12 years$14,100$12,473$11,012$9,705$8,539$5,229
13 years$12,882$11,272$9,839$8,568$7,446$4,341
14 years$11,838$10,246$8,840$7,606$6,528$3,619
15 years$10,935$9,360$7,982$6,783$5,747$3,027
16 years$10,146$8,588$7,236$6,073$5,080$2,539
17 years$9,450$7,909$6,585$5,457$4,504$2,135
18 years$8,832$7,308$6,011$4,918$4,005$1,799
19 years$8,279$6,773$5,503$4,444$3,569$1,518
20 years$7,783$6,294$5,050$4,025$3,188$1,282
21 years$7,334$5,863$4,645$3,653$2,853$1,085
22 years$6,927$5,472$4,281$3,321$2,557$918
23 years$6,556$5,118$3,953$3,025$2,296$778
24 years$6,216$4,796$3,656$2,759$2,063$660
25 years$5,904$4,500$3,386$2,519$1,857$560
26 years$5,616$4,230$3,140$2,303$1,673$475
27 years$5,350$3,981$2,916$2,108$1,508$403
28 years$5,104$3,751$2,711$1,932$1,361$343
29 years$4,875$3,539$2,523$1,771$1,229$291
30 years$4,661$3,342$2,350$1,626$1,110$247
31 years$4,462$3,159$2,191$1,493$1,004$210
32 years$4,276$2,989$2,044$1,372$908$179
33 years$4,101$2,831$1,908$1,262$822$152
34 years$3,937$2,683$1,783$1,161$744$129
35 years$3,783$2,545$1,667$1,069$674$110
36 years$3,637$2,415$1,560$984$610$94
37 years$3,500$2,294$1,460$907$553$80
38 years$3,370$2,180$1,367$836$502$68
39 years$3,247$2,073$1,281$771$455$58
40 years$3,131$1,972$1,200$711$413$49
41 years$3,020$1,877$1,126$656$374$42
42 years$2,916$1,788$1,056$605$340$35
43 years$2,816$1,704$991$559$308$30
44 years$2,721$1,624$930$516$280$26
45 years$2,630$1,549$873$477$254$22
46 years$2,544$1,477$820$440$231$19
47 years$2,462$1,410$771$407$209$16
48 years$2,383$1,346$724$376$190$13
49 years$2,308$1,285$681$347$173$11
50 years$2,236$1,228$640$321$157$10

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 $3,617 every year, while hoping to spend $39,441 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: 49/42/9 Blend
29$2,290,000$2,290,000$2,290,000$2,290,000
30$2,527,311$2,405,941$2,370,446$2,644,919
31$2,743,132$2,481,867$2,407,891$2,801,755
32$2,979,644$2,560,192$2,445,268$2,967,549
33$3,238,918$2,640,991$2,482,535$3,146,717
34$3,523,231$2,724,343$2,519,643$3,340,518
35$3,835,092$2,810,328$2,556,543$3,550,340
36$4,177,268$2,899,030$2,593,183$3,777,706
37$4,552,801$2,990,534$2,629,507$4,024,294
38$4,965,047$3,084,931$2,665,456$4,291,948
39$5,417,699$3,182,310$2,700,966$4,582,699
40$5,914,828$3,282,766$2,735,972$4,898,778
41$6,460,917$3,386,398$2,770,403$5,242,644
42$7,060,903$3,493,305$2,804,185$5,617,001
43$7,720,230$3,603,591$2,837,239$6,024,825
44$8,444,889$3,717,363$2,869,482$6,469,393
45$9,241,486$3,834,731$2,900,828$6,954,310
46$10,117,294$3,955,810$2,931,183$7,483,548
47$11,080,331$4,080,717$2,960,450$8,061,477
48$12,139,425$4,209,574$2,988,526$8,692,910
49$13,304,308$4,342,504$3,015,303$9,383,145
50$14,585,699$4,479,638$3,040,667$10,138,018
51$15,995,409$4,621,109$3,064,497$10,963,954
52$17,546,451$4,767,053$3,086,668$11,868,029
53$19,253,163$4,917,614$3,107,047$12,858,036
54$21,131,346$5,072,936$3,125,492$13,942,557
55$23,198,405$5,233,172$3,141,858$15,131,045
56$25,473,521$5,398,477$3,155,990$16,433,912
57$27,977,829$5,569,011$3,167,724$17,862,625
58$30,734,616$5,744,941$3,176,891$19,429,816
59$33,769,541$5,926,437$3,183,311$21,149,400
60$37,110,879$6,113,677$3,186,796$23,036,706
61$40,789,783$6,306,842$3,187,149$25,108,617
62$44,840,584$6,506,120$3,184,161$27,383,735
63$49,301,109$6,711,705$3,177,616$29,882,552
64$54,213,041$6,923,798$3,167,286$32,627,642
65$59,622,312$7,142,605$3,152,930$35,643,878
66$65,579,534$7,368,339$3,134,300$38,958,659
67$72,140,479$7,601,220$3,111,131$42,602,173
68$79,366,603$7,841,474$3,083,149$46,607,681
69$87,325,627$8,089,337$3,050,065$51,011,827
70$96,092,176$8,345,050$3,011,577$55,854,986
71$105,748,482$8,608,861$2,967,369$61,181,642
72$116,385,160$8,881,029$2,917,109$67,040,809
73$128,102,066$9,161,818$2,860,451$73,486,491
74$141,009,232$9,451,503$2,797,032$80,578,191
75$155,227,914$9,750,366$2,726,472$88,381,473
76$170,891,726$10,058,700$2,648,375$96,968,581
77$188,147,911$10,376,804$2,562,324$106,419,114
78$207,158,720$10,704,991$2,467,884$116,820,785
79$228,102,954$11,043,579$2,364,603$128,270,239
80$251,177,642$11,392,901$2,252,004$140,873,971
81$276,599,906$11,753,298$2,129,590$154,749,327
82$304,609,009$12,125,122$1,996,844$170,025,611
83$335,468,611$12,508,736$1,853,221$186,845,306
84$369,469,262$12,904,516$1,698,156$205,365,414
85$406,931,138$13,312,850$1,531,057$225,758,942
86$448,207,070$13,734,136$1,351,303$248,216,530
87$493,685,870$14,168,787$1,158,250$272,948,249
88$543,796,000$14,617,228$951,223$300,185,587
89$599,009,620$15,079,900$729,517$330,183,630
90$659,847,041$15,557,256$492,396$363,223,465
91$726,881,640$16,049,762$239,092$399,614,842
92$800,745,270$16,557,903$0$439,699,086
93$882,134,224$17,082,176$0$483,855,323
94$971,815,808$17,623,096$0$532,519,727
95$1,070,635,586$18,181,194$0$586,126,137
96$1,179,525,361$18,757,017$0$645,177,946
97$1,299,511,968$19,351,132$0$710,229,877
98$1,431,726,973$19,964,121$0$781,893,207
99$1,577,417,349$20,596,588$0$860,841,543
100$1,737,957,251$21,249,153$0$947,817,175