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

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 $2,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$165,158$163,687$162,252$160,851$159,483$154,563
2 years$81,761$80,239$78,763$77,332$75,944$71,031
3 years$53,966$52,437$50,965$49,547$48,182$43,429
4 years$40,071$38,547$37,089$35,696$34,364$29,808
5 years$31,737$30,221$28,783$27,418$26,123$21,776
6 years$26,182$24,678$23,261$21,926$20,670$16,536
7 years$22,216$20,724$19,330$18,027$16,810$12,889
8 years$19,243$17,765$16,393$15,122$13,946$10,234
9 years$16,931$15,467$14,120$12,881$11,744$8,238
10 years$15,083$13,634$12,310$11,103$10,007$6,702
11 years$13,572$12,137$10,837$9,663$8,606$5,496
12 years$12,314$10,894$9,618$8,476$7,458$4,536
13 years$11,250$9,845$8,593$7,483$6,503$3,764
14 years$10,339$8,949$7,721$6,643$5,701$3,135
15 years$9,550$8,175$6,971$5,924$5,020$2,621
16 years$8,861$7,500$6,320$5,304$4,436$2,197
17 years$8,253$6,907$5,751$4,766$3,934$1,846
18 years$7,713$6,383$5,250$4,295$3,497$1,554
19 years$7,231$5,915$4,806$3,881$3,117$1,310
20 years$6,797$5,497$4,411$3,515$2,785$1,106
21 years$6,406$5,120$4,057$3,190$2,492$935
22 years$6,050$4,779$3,739$2,900$2,234$791
23 years$5,726$4,470$3,452$2,642$2,005$670
24 years$5,429$4,188$3,193$2,409$1,802$567
25 years$5,156$3,930$2,957$2,200$1,622$481
26 years$4,905$3,694$2,743$2,012$1,461$408
27 years$4,673$3,476$2,547$1,841$1,317$346
28 years$4,458$3,276$2,368$1,687$1,188$294
29 years$4,258$3,090$2,203$1,547$1,073$249
30 years$4,071$2,919$2,052$1,420$970$212
31 years$3,897$2,759$1,913$1,304$877$180
32 years$3,734$2,611$1,785$1,198$793$153
33 years$3,582$2,472$1,667$1,102$718$130
34 years$3,438$2,343$1,557$1,014$650$110
35 years$3,304$2,222$1,456$933$588$94
36 years$3,176$2,109$1,362$860$533$80
37 years$3,057$2,003$1,275$792$483$68
38 years$2,943$1,904$1,194$730$438$58
39 years$2,836$1,811$1,119$673$397$49
40 years$2,734$1,723$1,048$621$360$42
41 years$2,638$1,640$983$573$327$35
42 years$2,546$1,562$922$529$297$30
43 years$2,459$1,488$865$488$269$26
44 years$2,376$1,418$812$451$244$22
45 years$2,297$1,352$763$416$222$18
46 years$2,222$1,290$716$384$201$16
47 years$2,150$1,231$673$355$183$13
48 years$2,081$1,175$632$328$166$11
49 years$2,016$1,122$594$303$151$10
50 years$1,953$1,072$559$280$137$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,000,000, adding $4,410 every year, while hoping to spend $46,444 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: 51/28/21 Blend
29$2,000,000$2,000,000$2,000,000$2,000,000
30$2,208,549$2,102,549$2,071,549$2,308,077
31$2,384,405$2,156,158$2,091,530$2,430,921
32$2,576,641$2,210,837$2,110,623$2,559,280
33$2,786,881$2,266,590$2,128,751$2,697,865
34$3,016,908$2,323,418$2,145,830$2,847,664
35$3,268,690$2,381,322$2,161,772$3,009,762
36$3,544,391$2,440,302$2,176,486$3,185,357
37$3,846,396$2,500,354$2,189,876$3,375,767
38$4,177,331$2,561,474$2,201,839$3,582,444
39$4,540,086$2,623,654$2,212,268$3,806,988
40$4,937,848$2,686,886$2,221,053$4,051,162
41$5,374,124$2,751,159$2,228,073$4,316,910
42$5,852,778$2,816,459$2,233,207$4,606,371
43$6,378,065$2,882,769$2,236,322$4,921,905
44$6,954,672$2,950,069$2,237,284$5,266,110
45$7,587,764$3,018,338$2,235,949$5,641,852
46$8,283,028$3,087,549$2,232,165$6,052,287
47$9,046,731$3,157,673$2,225,776$6,500,894
48$9,885,774$3,228,675$2,216,617$6,991,506
49$10,807,763$3,300,520$2,204,513$7,528,349
50$11,821,074$3,373,165$2,189,284$8,116,080
51$12,934,937$3,446,563$2,170,738$8,759,831
52$14,159,519$3,520,664$2,148,677$9,465,258
53$15,506,024$3,595,410$2,122,890$10,238,596
54$16,986,792$3,670,738$2,093,161$11,086,714
55$18,615,421$3,746,581$2,059,259$12,017,187
56$20,406,895$3,822,864$2,020,944$13,038,359
57$22,377,718$3,899,505$1,977,966$14,159,430
58$24,546,079$3,976,414$1,930,062$15,390,539
59$26,932,017$4,053,496$1,876,956$16,742,860
60$29,557,611$4,130,646$1,818,363$18,228,710
61$32,447,189$4,207,749$1,753,979$19,861,663
62$35,627,557$4,284,684$1,683,493$21,656,679
63$39,128,251$4,361,317$1,606,573$23,630,250
64$42,981,817$4,437,505$1,522,878$25,800,550
65$47,224,115$4,513,095$1,432,046$28,187,611
66$51,894,659$4,587,921$1,333,704$30,813,509
67$57,036,989$4,661,805$1,227,458$33,702,579
68$62,699,083$4,734,554$1,112,899$36,881,640
69$68,933,807$4,805,965$989,599$40,380,250
70$75,799,414$4,875,816$857,109$44,230,989
71$83,360,096$4,943,872$714,964$48,469,761
72$91,686,584$5,009,881$562,674$53,136,142
73$100,856,824$5,073,573$399,731$58,273,747
74$110,956,701$5,134,659$225,603$63,930,647
75$122,080,858$5,192,831$39,735$70,159,823
76$134,333,587$5,247,761$0$77,019,665
77$147,829,810$5,299,098$0$84,610,072
78$162,696,164$5,346,468$0$92,978,238
79$179,072,199$5,389,471$0$102,193,564
80$197,111,693$5,427,684$0$112,342,349
81$216,984,099$5,460,655$0$123,519,697
82$238,876,152$5,487,902$0$135,830,413
83$262,993,625$5,508,914$0$149,389,994
84$289,563,271$5,523,147$0$164,325,720
85$318,834,966$5,530,023$0$180,777,856
86$351,084,065$5,528,927$0$198,900,974
87$386,614,003$5,519,207$0$218,865,419
88$425,759,154$5,500,171$0$240,858,910
89$468,887,992$5,471,084$0$265,088,320
90$516,406,565$5,431,165$0$291,781,627
91$568,762,332$5,379,589$0$321,190,067
92$626,448,378$5,315,477$0$353,590,504
93$690,008,079$5,237,902$0$389,288,052
94$760,040,221$5,145,877$0$428,618,951
95$837,204,657$5,038,359$0$471,953,743
96$922,228,537$4,914,244$0$519,700,774
97$1,015,913,167$4,772,360$0$572,310,050
98$1,119,141,574$4,611,470$0$630,277,484
99$1,232,886,844$4,430,262$0$694,149,582
100$1,358,221,306$4,227,349$0$764,528,607