Can I retire at age 30 with 2,310,000?

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 $2,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$190,758$189,058$187,401$185,783$184,203$182,431
2 years$94,434$92,676$90,971$89,319$87,716$85,931
3 years$62,331$60,565$58,864$57,227$55,650$53,908
4 years$46,282$44,521$42,838$41,229$39,690$38,003
5 years$36,656$34,905$33,244$31,668$30,172$28,546
6 years$30,240$28,503$26,866$25,325$23,874$22,311
7 years$25,659$23,937$22,326$20,821$19,416$17,916
8 years$22,225$20,518$18,934$17,466$16,107$14,671
9 years$19,556$17,865$16,308$14,877$13,565$12,191
10 years$17,421$15,747$14,218$12,824$11,558$10,246
11 years$15,676$14,019$12,517$11,161$9,940$8,689
12 years$14,223$12,582$11,109$9,790$8,614$7,423
13 years$12,994$11,371$9,925$8,643$7,512$6,379
14 years$11,942$10,336$8,917$7,672$6,585$5,508
15 years$11,031$9,442$8,051$6,842$5,798$4,777
16 years$10,234$8,663$7,300$6,127$5,124$4,157
17 years$9,532$7,978$6,642$5,505$4,543$3,628
18 years$8,909$7,372$6,064$4,961$4,040$3,174
19 years$8,352$6,832$5,551$4,482$3,601$2,783
20 years$7,851$6,349$5,094$4,060$3,216$2,445
21 years$7,398$5,914$4,686$3,684$2,878$2,152
22 years$6,988$5,520$4,319$3,350$2,580$1,896
23 years$6,613$5,163$3,988$3,051$2,316$1,673
24 years$6,270$4,837$3,688$2,783$2,081$1,478
25 years$5,956$4,540$3,416$2,541$1,873$1,306
26 years$5,665$4,267$3,168$2,324$1,687$1,156
27 years$5,397$4,015$2,942$2,127$1,521$1,024
28 years$5,148$3,784$2,735$1,949$1,372$907
29 years$4,917$3,569$2,545$1,787$1,239$804
30 years$4,702$3,371$2,370$1,640$1,120$713
31 years$4,501$3,187$2,210$1,506$1,012$633
32 years$4,313$3,015$2,062$1,384$916$562
33 years$4,137$2,855$1,925$1,273$829$499
34 years$3,971$2,706$1,799$1,171$750$443
35 years$3,816$2,567$1,682$1,078$680$394
36 years$3,669$2,436$1,573$993$616$350
37 years$3,530$2,314$1,472$915$558$311
38 years$3,399$2,199$1,379$843$506$277
39 years$3,276$2,091$1,292$778$459$246
40 years$3,158$1,990$1,211$717$416$219
41 years$3,047$1,894$1,135$662$378$195
42 years$2,941$1,804$1,065$611$343$173
43 years$2,840$1,719$999$564$311$154
44 years$2,745$1,638$938$520$282$137
45 years$2,653$1,562$881$481$256$122
46 years$2,566$1,490$827$444$233$109
47 years$2,483$1,422$777$410$211$97
48 years$2,404$1,358$730$379$192$86
49 years$2,328$1,296$687$350$174$77
50 years$2,255$1,238$645$324$158$68

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,310,000, adding $6,559 every year, while hoping to spend $55,358 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: 50/36/14 Blend
29$2,310,000$2,310,000$2,310,000$2,310,000
30$2,552,386$2,429,956$2,394,151$2,669,926
31$2,753,828$2,490,123$2,415,454$2,811,541
32$2,973,963$2,551,383$2,435,616$2,959,023
33$3,214,638$2,613,731$2,454,540$3,118,058
34$3,477,887$2,677,160$2,472,123$3,289,750
35$3,765,951$2,741,661$2,488,259$3,475,316
36$4,081,298$2,807,222$2,502,835$3,676,093
37$4,426,643$2,873,829$2,515,733$3,893,557
38$4,804,979$2,941,465$2,526,828$4,129,331
39$5,219,600$3,010,109$2,535,990$4,385,205
40$5,674,134$3,079,740$2,543,081$4,663,149
41$6,172,578$3,150,329$2,547,956$4,965,334
42$6,719,333$3,221,848$2,550,465$5,294,153
43$7,319,248$3,294,261$2,550,448$5,652,241
44$7,977,662$3,367,530$2,547,739$6,042,502
45$8,700,458$3,441,613$2,542,162$6,468,136
46$9,494,114$3,516,462$2,533,534$6,932,668
47$10,365,769$3,592,024$2,521,663$7,439,985
48$11,323,286$3,668,242$2,506,347$7,994,366
49$12,375,325$3,745,050$2,487,374$8,600,531
50$13,531,431$3,822,379$2,464,523$9,263,679
51$14,802,114$3,900,154$2,437,562$9,989,541
52$16,198,957$3,978,289$2,406,248$10,784,431
53$17,734,720$4,056,694$2,370,326$11,655,308
54$19,423,459$4,135,270$2,329,530$12,609,843
55$21,280,664$4,213,910$2,283,581$13,656,490
56$23,323,397$4,292,497$2,232,187$14,804,564
57$25,570,462$4,370,907$2,175,043$16,064,335
58$28,042,571$4,449,004$2,111,829$17,447,117
59$30,762,548$4,526,640$2,042,211$18,965,385
60$33,755,542$4,603,660$1,965,839$20,632,884
61$37,049,261$4,679,892$1,882,348$22,464,766
62$40,674,234$4,755,156$1,791,355$24,477,728
63$44,664,102$4,829,255$1,692,462$26,690,175
64$49,055,931$4,901,979$1,585,250$29,122,391
65$53,890,564$4,973,103$1,469,283$31,796,732
66$59,213,003$5,042,387$1,344,106$34,737,839
67$65,072,838$5,109,572$1,209,242$37,972,869
68$71,524,709$5,174,383$1,064,193$41,531,754
69$78,628,826$5,236,524$908,440$45,447,482
70$86,451,533$5,295,682$741,441$49,756,413
71$95,065,938$5,351,518$562,627$54,498,619
72$104,552,597$5,403,676$371,408$59,718,268
73$115,000,278$5,451,772$167,167$65,464,037
74$126,506,797$5,495,399$0$71,789,576
75$139,179,940$5,534,124$0$78,761,602
76$153,138,482$5,567,484$0$86,464,838
77$168,513,303$5,594,987$0$94,946,216
78$185,448,630$5,616,111$0$104,285,007
79$204,103,389$5,630,300$0$114,568,569
80$224,652,713$5,636,962$0$125,893,175
81$247,289,586$5,635,470$0$138,364,924
82$272,226,674$5,625,157$0$152,100,740
83$299,698,320$5,605,316$0$167,229,481
84$329,962,768$5,575,196$0$183,893,153
85$363,304,588$5,533,999$0$202,248,253
86$400,037,372$5,480,880$0$222,467,250
87$440,506,684$5,414,943$0$244,740,212
88$485,093,329$5,335,239$0$269,276,602
89$534,216,943$5,240,760$0$296,307,259
90$588,339,955$5,130,441$0$326,086,578
91$647,971,950$5,003,152$0$358,894,913
92$713,674,481$4,857,698$0$395,041,226
93$786,066,365$4,692,812$0$434,866,009
94$865,829,529$4,507,155$0$478,744,495
95$953,715,445$4,299,310$0$527,090,210
96$1,050,552,220$4,067,776$0$580,358,873
97$1,157,252,417$3,810,967$0$639,052,706
98$1,274,821,666$3,527,207$0$703,725,177
99$1,404,368,157$3,214,722$0$774,986,230
100$1,547,113,104$2,871,637$0$853,508,042