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%17.3%
1 years$189,106$187,422$185,778$184,174$182,608$177,188
2 years$93,617$91,873$90,184$88,545$86,956$81,541
3 years$61,791$60,040$58,355$56,732$55,169$49,927
4 years$45,882$44,136$42,467$40,872$39,347$34,320
5 years$36,338$34,603$32,956$31,394$29,911$25,111
6 years$29,978$28,256$26,634$25,106$23,667$19,100
7 years$25,437$23,729$22,133$20,641$19,248$14,913
8 years$22,033$20,340$18,770$17,315$15,968$11,862
9 years$19,386$17,710$16,167$14,749$13,447$9,567
10 years$17,270$15,611$14,095$12,713$11,458$7,797
11 years$15,540$13,897$12,409$11,065$9,854$6,407
12 years$14,100$12,473$11,012$9,705$8,539$5,298
13 years$12,882$11,272$9,839$8,568$7,446$4,405
14 years$11,838$10,246$8,840$7,606$6,528$3,677
15 years$10,935$9,360$7,982$6,783$5,747$3,080
16 years$10,146$8,588$7,236$6,073$5,080$2,588
17 years$9,450$7,909$6,585$5,457$4,504$2,179
18 years$8,832$7,308$6,011$4,918$4,005$1,838
19 years$8,279$6,773$5,503$4,444$3,569$1,553
20 years$7,783$6,294$5,050$4,025$3,188$1,314
21 years$7,334$5,863$4,645$3,653$2,853$1,114
22 years$6,927$5,472$4,281$3,321$2,557$944
23 years$6,556$5,118$3,953$3,025$2,296$801
24 years$6,216$4,796$3,656$2,759$2,063$681
25 years$5,904$4,500$3,386$2,519$1,857$578
26 years$5,616$4,230$3,140$2,303$1,673$492
27 years$5,350$3,981$2,916$2,108$1,508$418
28 years$5,104$3,751$2,711$1,932$1,361$356
29 years$4,875$3,539$2,523$1,771$1,229$303
30 years$4,661$3,342$2,350$1,626$1,110$258
31 years$4,462$3,159$2,191$1,493$1,004$219
32 years$4,276$2,989$2,044$1,372$908$187
33 years$4,101$2,831$1,908$1,262$822$159
34 years$3,937$2,683$1,783$1,161$744$136
35 years$3,783$2,545$1,667$1,069$674$116
36 years$3,637$2,415$1,560$984$610$98
37 years$3,500$2,294$1,460$907$553$84
38 years$3,370$2,180$1,367$836$502$71
39 years$3,247$2,073$1,281$771$455$61
40 years$3,131$1,972$1,200$711$413$52
41 years$3,020$1,877$1,126$656$374$44
42 years$2,916$1,788$1,056$605$340$38
43 years$2,816$1,704$991$559$308$32
44 years$2,721$1,624$930$516$280$27
45 years$2,630$1,549$873$477$254$23
46 years$2,544$1,477$820$440$231$20
47 years$2,462$1,410$771$407$209$17
48 years$2,383$1,346$724$376$190$14
49 years$2,308$1,285$681$347$173$12
50 years$2,236$1,228$640$321$157$11

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 $5,627 every year, while hoping to spend $38,754 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: 40/39/21 Blend
29$2,290,000$2,290,000$2,290,000$2,290,000
30$2,529,384$2,408,014$2,372,519$2,614,626
31$2,746,147$2,484,773$2,410,765$2,753,028
32$2,983,722$2,563,994$2,448,992$2,898,545
33$3,244,189$2,645,757$2,487,161$3,055,182
34$3,529,841$2,730,145$2,525,226$3,223,976
35$3,843,205$2,817,242$2,563,141$3,406,063
36$4,187,061$2,907,136$2,600,856$3,602,695
37$4,564,474$2,999,918$2,638,317$3,815,249
38$4,978,819$3,095,682$2,675,469$4,045,238
39$5,433,813$3,194,525$2,712,252$4,294,328
40$5,933,552$3,296,547$2,748,602$4,564,352
41$6,482,547$3,401,850$2,784,453$4,857,325
42$7,085,768$3,510,543$2,819,734$5,175,468
43$7,748,691$3,622,734$2,854,369$5,521,223
44$8,477,347$3,738,538$2,888,281$5,897,277
45$9,278,383$3,858,072$2,921,384$6,306,591
46$10,159,119$3,981,459$2,953,592$6,752,423
47$11,127,622$4,108,823$2,984,810$7,238,359
48$12,192,779$4,240,295$3,014,941$7,768,349
49$13,364,381$4,376,008$3,043,880$8,346,741
50$14,653,217$4,516,102$3,071,519$8,978,324
51$16,071,173$4,660,718$3,097,742$9,668,371
52$17,631,345$4,810,006$3,122,429$10,422,689
53$19,348,163$4,964,117$3,145,451$11,247,675
54$21,237,527$5,123,210$3,166,675$12,150,371
55$23,316,955$5,287,448$3,185,960$13,138,537
56$25,605,751$5,456,999$3,203,156$14,220,719
57$28,125,184$5,632,038$3,218,108$15,406,329
58$30,898,690$5,812,745$3,230,651$16,705,736
59$33,952,092$5,999,306$3,240,614$18,130,363
60$37,313,847$6,191,913$3,247,816$19,692,792
61$41,015,307$6,390,765$3,252,066$21,406,884
62$45,091,023$6,596,067$3,253,165$23,287,910
63$49,579,065$6,808,032$3,250,903$25,352,693
64$54,521,383$7,026,879$3,245,062$27,619,766
65$59,964,203$7,252,835$3,235,410$30,109,549
66$65,958,462$7,486,134$3,221,707$32,844,539
67$72,560,290$7,727,020$3,203,699$35,849,523
68$79,831,538$7,975,741$3,181,121$39,151,808
69$87,840,360$8,232,559$3,153,694$42,781,485
70$96,661,862$8,497,739$3,121,128$46,771,706
71$106,378,803$8,771,559$3,083,117$51,158,998
72$117,082,382$9,054,306$3,039,342$55,983,609
73$128,873,093$9,346,275$2,989,468$61,289,888
74$141,861,678$9,647,772$2,933,145$67,126,698
75$156,170,170$9,959,114$2,870,006$73,547,880
76$171,933,044$10,280,627$2,799,668$80,612,764
77$189,298,487$10,612,651$2,721,729$88,386,721
78$208,429,796$10,955,534$2,635,770$96,941,785
79$229,506,918$11,309,638$2,541,352$106,357,330
80$252,728,151$11,675,338$2,438,015$116,720,819
81$278,312,014$12,053,021$2,325,279$128,128,629
82$306,499,306$12,443,086$2,202,643$140,686,960
83$337,555,386$12,845,947$2,069,582$154,512,839
84$371,772,669$13,262,033$1,925,547$169,735,218
85$409,473,395$13,691,786$1,769,967$186,496,198
86$451,012,662$14,135,664$1,602,241$204,952,363
87$496,781,783$14,594,142$1,421,746$225,276,264
88$547,211,978$15,067,708$1,227,828$247,658,042
89$602,778,445$15,556,870$1,019,804$272,307,222
90$664,004,842$16,062,153$796,964$299,454,696
91$731,468,236$16,584,099$558,563$329,354,894
92$805,804,546$17,123,269$303,824$362,288,191
93$887,714,546$17,680,246$31,939$398,563,552
94$977,970,481$18,255,629$0$438,521,444
95$1,077,423,356$18,850,041$0$482,594,912
96$1,187,010,971$19,464,126$0$531,150,942
97$1,307,766,772$20,098,549$0$584,638,184
98$1,440,829,605$20,754,001$0$643,558,923
99$1,587,454,472$21,431,194$0$708,466,654
100$1,749,024,374$22,130,868$0$779,971,304