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%18.6%
1 years$190,758$189,058$187,401$185,783$184,203$177,808
2 years$94,434$92,676$90,971$89,319$87,716$81,340
3 years$62,331$60,565$58,864$57,227$55,650$49,493
4 years$46,282$44,521$42,838$41,229$39,690$33,799
5 years$36,656$34,905$33,244$31,668$30,172$24,561
6 years$30,240$28,503$26,866$25,325$23,874$18,549
7 years$25,659$23,937$22,326$20,821$19,416$14,376
8 years$22,225$20,518$18,934$17,466$16,107$11,347
9 years$19,556$17,865$16,308$14,877$13,565$9,079
10 years$17,421$15,747$14,218$12,824$11,558$7,339
11 years$15,676$14,019$12,517$11,161$9,940$5,980
12 years$14,223$12,582$11,109$9,790$8,614$4,903
13 years$12,994$11,371$9,925$8,643$7,512$4,040
14 years$11,942$10,336$8,917$7,672$6,585$3,343
15 years$11,031$9,442$8,051$6,842$5,798$2,774
16 years$10,234$8,663$7,300$6,127$5,124$2,309
17 years$9,532$7,978$6,642$5,505$4,543$1,926
18 years$8,909$7,372$6,064$4,961$4,040$1,609
19 years$8,352$6,832$5,551$4,482$3,601$1,346
20 years$7,851$6,349$5,094$4,060$3,216$1,128
21 years$7,398$5,914$4,686$3,684$2,878$946
22 years$6,988$5,520$4,319$3,350$2,580$794
23 years$6,613$5,163$3,988$3,051$2,316$667
24 years$6,270$4,837$3,688$2,783$2,081$561
25 years$5,956$4,540$3,416$2,541$1,873$472
26 years$5,665$4,267$3,168$2,324$1,687$397
27 years$5,397$4,015$2,942$2,127$1,521$334
28 years$5,148$3,784$2,735$1,949$1,372$281
29 years$4,917$3,569$2,545$1,787$1,239$237
30 years$4,702$3,371$2,370$1,640$1,120$199
31 years$4,501$3,187$2,210$1,506$1,012$168
32 years$4,313$3,015$2,062$1,384$916$141
33 years$4,137$2,855$1,925$1,273$829$119
34 years$3,971$2,706$1,799$1,171$750$100
35 years$3,816$2,567$1,682$1,078$680$85
36 years$3,669$2,436$1,573$993$616$71
37 years$3,530$2,314$1,472$915$558$60
38 years$3,399$2,199$1,379$843$506$51
39 years$3,276$2,091$1,292$778$459$43
40 years$3,158$1,990$1,211$717$416$36
41 years$3,047$1,894$1,135$662$378$30
42 years$2,941$1,804$1,065$611$343$26
43 years$2,840$1,719$999$564$311$22
44 years$2,745$1,638$938$520$282$18
45 years$2,653$1,562$881$481$256$15
46 years$2,566$1,490$827$444$233$13
47 years$2,483$1,422$777$410$211$11
48 years$2,404$1,358$730$379$192$9
49 years$2,328$1,296$687$350$174$8
50 years$2,255$1,238$645$324$158$7

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 $2,855 every year, while hoping to spend $30,715 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: 82/10/8 Blend
29$2,310,000$2,310,000$2,310,000$2,310,000
30$2,548,565$2,426,135$2,390,330$2,754,851
31$2,775,838$2,512,335$2,437,725$2,976,434
32$3,025,264$2,601,729$2,485,679$3,215,262
33$3,299,069$2,694,442$2,534,178$3,476,515
34$3,599,706$2,790,603$2,583,206$3,762,424
35$3,929,880$2,890,346$2,632,746$4,075,444
36$4,292,565$2,993,810$2,682,781$4,418,278
37$4,691,042$3,101,142$2,733,289$4,793,902
38$5,128,924$3,212,494$2,784,250$5,205,597
39$5,610,191$3,328,023$2,835,639$5,656,974
40$6,139,227$3,447,893$2,887,430$6,152,009
41$6,720,865$3,572,276$2,939,595$6,695,085
42$7,360,426$3,701,350$2,992,104$7,291,027
43$8,063,774$3,835,301$3,044,924$7,945,151
44$8,837,369$3,974,321$3,098,020$8,663,313
45$9,688,331$4,118,613$3,151,354$9,451,962
46$10,624,502$4,268,387$3,204,886$10,318,206
47$11,654,524$4,423,860$3,258,571$11,269,872
48$12,787,916$4,585,260$3,312,365$12,315,583
49$14,035,171$4,752,825$3,366,216$13,464,841
50$15,407,846$4,926,801$3,420,072$14,728,113
51$16,918,678$5,107,446$3,473,877$16,116,929
52$18,581,702$5,295,029$3,527,569$17,643,995
53$20,412,379$5,489,829$3,581,087$19,323,307
54$22,427,748$5,692,138$3,634,360$21,170,288
55$24,646,584$5,902,258$3,687,317$23,201,929
56$27,089,575$6,120,508$3,739,881$25,436,951
57$29,779,515$6,347,217$3,791,971$27,895,981
58$32,741,524$6,582,728$3,843,500$30,601,747
59$36,003,279$6,827,402$3,894,377$33,579,289
60$39,595,280$7,081,611$3,944,505$36,856,200
61$43,551,135$7,345,746$3,993,782$40,462,881
62$47,907,876$7,620,213$4,042,099$44,432,831
63$52,706,313$7,905,437$4,089,343$48,802,962
64$57,991,413$8,201,859$4,135,392$53,613,945
65$63,812,728$8,509,942$4,180,119$58,910,596
66$70,224,863$8,830,165$4,223,389$64,742,296
67$77,287,987$9,163,032$4,265,061$71,163,459
68$85,068,406$9,509,064$4,304,985$78,234,043
69$93,639,185$9,868,810$4,343,003$86,020,118
70$103,080,838$10,242,837$4,378,949$94,594,486
71$113,482,088$10,631,742$4,412,650$104,037,369
72$124,940,707$11,036,143$4,443,919$114,437,167
73$137,564,434$11,456,688$4,472,565$125,891,290
74$151,471,993$11,894,053$4,498,383$138,507,077
75$166,794,218$12,348,943$4,521,160$152,402,809
76$183,675,279$12,822,093$4,540,670$167,708,826
77$202,274,053$13,314,270$4,556,678$184,568,754
78$222,765,614$13,826,277$4,568,934$203,140,862
79$245,342,892$14,358,951$4,577,179$223,599,556
80$270,218,491$14,913,163$4,581,139$246,137,023
81$297,626,696$15,489,826$4,580,525$270,965,043
82$327,825,683$16,089,893$4,575,038$298,316,993
83$361,099,962$16,714,356$4,564,360$328,450,041
84$397,763,052$17,364,254$4,548,160$361,647,582
85$438,160,451$18,040,670$4,526,091$398,221,905
86$482,672,890$18,744,735$4,497,788$438,517,143
87$531,719,929$19,477,632$4,462,869$482,912,521
88$585,763,921$20,240,595$4,420,934$531,825,934
89$645,314,370$21,034,913$4,371,564$585,717,893
90$710,932,743$21,861,932$4,314,319$645,095,869
91$783,237,775$22,723,058$4,248,741$710,519,084
92$862,911,301$23,619,761$4,174,347$782,603,786
93$950,704,701$24,553,576$4,090,634$862,029,072
94$1,047,445,985$25,526,106$3,997,075$949,543,291
95$1,154,047,616$26,539,026$3,893,118$1,045,971,112
96$1,271,515,121$27,594,087$3,778,186$1,152,221,305
97$1,400,956,583$28,693,117$3,651,675$1,269,295,321
98$1,543,593,103$29,838,027$3,512,953$1,398,296,744
99$1,700,770,324$31,030,815$3,361,362$1,540,441,708
100$1,873,971,139$32,273,567$3,196,210$1,697,070,377