Can I retire at age 30 with 2,010,000?

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 $2,010,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$165,984$164,505$163,063$161,655$160,280$157,237
2 years$82,170$80,640$79,157$77,719$76,324$73,270
3 years$54,236$52,699$51,220$49,795$48,423$45,453
4 years$40,272$38,739$37,275$35,875$34,536$31,673
5 years$31,895$30,372$28,927$27,555$26,253$23,506
6 years$26,313$24,801$23,377$22,036$20,773$18,145
7 years$22,327$20,828$19,427$18,117$16,894$14,385
8 years$19,339$17,853$16,475$15,198$14,016$11,624
9 years$17,016$15,545$14,190$12,945$11,803$9,528
10 years$15,159$13,702$12,371$11,159$10,057$7,897
11 years$13,640$12,198$10,891$9,712$8,649$6,602
12 years$12,376$10,948$9,666$8,518$7,495$5,557
13 years$11,307$9,894$8,636$7,520$6,536$4,704
14 years$10,391$8,993$7,759$6,676$5,729$4,000
15 years$9,598$8,216$7,006$5,954$5,045$3,415
16 years$8,905$7,538$6,352$5,331$4,458$2,924
17 years$8,294$6,942$5,780$4,790$3,953$2,511
18 years$7,752$6,415$5,276$4,317$3,515$2,161
19 years$7,267$5,945$4,830$3,900$3,133$1,863
20 years$6,831$5,524$4,433$3,533$2,798$1,609
21 years$6,438$5,146$4,077$3,206$2,504$1,392
22 years$6,080$4,803$3,758$2,915$2,245$1,205
23 years$5,754$4,492$3,470$2,655$2,015$1,045
24 years$5,456$4,209$3,209$2,421$1,811$906
25 years$5,182$3,950$2,972$2,211$1,630$787
26 years$4,930$3,712$2,756$2,022$1,468$684
27 years$4,696$3,494$2,560$1,851$1,324$594
28 years$4,480$3,292$2,380$1,696$1,194$517
29 years$4,279$3,106$2,214$1,555$1,078$450
30 years$4,091$2,933$2,063$1,427$974$391
31 years$3,917$2,773$1,923$1,311$881$341
32 years$3,753$2,624$1,794$1,204$797$297
33 years$3,600$2,485$1,675$1,108$721$259
34 years$3,456$2,355$1,565$1,019$653$225
35 years$3,320$2,234$1,463$938$591$196
36 years$3,192$2,120$1,369$864$536$171
37 years$3,072$2,013$1,281$796$486$149
38 years$2,958$1,914$1,200$734$440$130
39 years$2,850$1,820$1,124$677$399$113
40 years$2,748$1,731$1,054$624$362$99
41 years$2,651$1,648$988$576$329$86
42 years$2,559$1,569$927$531$298$75
43 years$2,471$1,495$870$490$271$66
44 years$2,388$1,425$816$453$246$57
45 years$2,309$1,359$766$418$223$50
46 years$2,233$1,297$720$386$202$44
47 years$2,161$1,237$676$357$184$38
48 years$2,092$1,181$636$330$167$33
49 years$2,026$1,128$597$305$152$29
50 years$1,962$1,078$562$282$138$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,010,000, adding $6,724 every year, while hoping to spend $31,402 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: 55/20/25 Blend
29$2,010,000$2,010,000$2,010,000$2,010,000
30$2,221,956$2,115,426$2,084,271$2,328,552
31$2,415,184$2,185,670$2,120,682$2,472,809
32$2,627,069$2,258,304$2,157,261$2,626,001
33$2,859,480$2,333,411$2,193,980$2,792,191
34$3,114,478$2,411,079$2,230,809$2,972,638
35$3,394,330$2,491,398$2,267,717$3,168,729
36$3,701,536$2,574,460$2,304,669$3,381,989
37$4,038,847$2,660,364$2,341,631$3,614,098
38$4,409,297$2,749,209$2,378,563$3,866,904
39$4,816,225$2,841,100$2,415,424$4,142,443
40$5,263,311$2,936,145$2,452,172$4,442,956
41$5,754,608$3,034,455$2,488,759$4,770,914
42$6,294,583$3,136,148$2,525,137$5,129,033
43$6,888,154$3,241,343$2,561,253$5,520,308
44$7,540,743$3,350,166$2,597,052$5,948,036
45$8,258,321$3,462,746$2,632,475$6,415,849
46$9,047,466$3,579,218$2,667,460$6,927,746
47$9,915,429$3,699,721$2,701,942$7,488,134
48$10,870,196$3,824,400$2,735,849$8,101,864
49$11,920,565$3,953,405$2,769,110$8,774,285
50$13,076,233$4,086,892$2,801,645$9,511,284
51$14,347,882$4,225,023$2,833,373$10,319,348
52$15,747,282$4,367,965$2,864,207$11,205,626
53$17,287,402$4,515,893$2,894,056$12,177,990
54$18,982,532$4,668,987$2,922,822$13,245,115
55$20,848,418$4,827,434$2,950,403$14,416,556
56$22,902,408$4,991,430$2,976,694$15,702,844
57$25,163,621$5,161,177$3,001,580$17,115,577
58$27,653,119$5,336,884$3,024,942$18,667,536
59$30,394,115$5,518,769$3,046,655$20,372,804
60$33,412,184$5,707,058$3,066,588$22,246,896
61$36,735,510$5,901,987$3,084,601$24,306,905
62$40,395,146$6,103,798$3,100,549$26,571,670
63$44,425,312$6,312,746$3,114,279$29,061,942
64$48,863,716$6,529,092$3,125,629$31,800,592
65$53,751,908$6,753,111$3,134,431$34,812,816
66$59,135,675$6,985,085$3,140,506$38,126,379
67$65,065,469$7,225,310$3,143,669$41,771,876
68$71,596,889$7,474,092$3,143,723$45,783,016
69$78,791,197$7,731,748$3,140,464$50,196,947
70$86,715,905$7,998,610$3,133,675$55,054,600
71$95,445,405$8,275,019$3,123,131$60,401,078
72$105,061,675$8,561,334$3,108,595$66,286,083
73$115,655,052$8,857,925$3,089,818$72,764,381
74$127,325,080$9,165,177$3,066,541$79,896,320
75$140,181,458$9,483,490$3,038,490$87,748,402
76$154,345,067$9,813,282$3,005,379$96,393,906
77$169,949,115$10,154,983$2,966,911$105,913,585
78$187,140,393$10,509,045$2,922,770$116,396,421
79$206,080,659$10,875,935$2,872,629$127,940,471
80$226,948,169$11,256,138$2,816,145$140,653,788
81$249,939,354$11,650,161$2,752,958$154,655,442
82$275,270,678$12,058,529$2,682,692$170,076,647
83$303,180,679$12,481,789$2,604,954$187,061,993
84$333,932,220$12,920,508$2,519,331$205,770,815
85$367,814,973$13,375,279$2,425,395$226,378,696
86$405,148,149$13,846,716$2,322,694$249,079,123
87$446,283,514$14,335,459$2,210,758$274,085,315
88$491,608,709$14,842,174$2,089,096$301,632,234
89$541,550,909$15,367,552$1,957,192$331,978,803
90$596,580,854$15,912,314$1,814,510$365,410,351
91$657,217,293$16,477,210$1,660,488$402,241,304
92$724,031,883$17,063,019$1,494,541$442,818,155
93$797,654,581$17,670,553$1,316,054$487,522,735
94$878,779,596$18,300,657$1,124,389$536,775,815
95$968,171,935$18,954,210$918,877$591,041,080
96$1,066,674,633$19,632,127$698,820$650,829,504
97$1,175,216,705$20,335,360$463,489$716,704,175
98$1,294,821,917$21,064,901$212,125$789,285,612
99$1,426,618,455$21,821,783$0$869,257,617
100$1,571,849,567$22,607,081$0$957,388,709