Can I retire at age 30 with 2,090,000?

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 $2,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$172,590$171,053$169,553$168,089$166,660$164,782
2 years$85,441$83,849$82,307$80,812$79,362$77,472
3 years$56,395$54,797$53,258$51,777$50,350$48,506
4 years$41,874$40,281$38,758$37,302$35,910$34,126
5 years$33,165$31,581$30,078$28,652$27,298$25,580
6 years$27,360$25,788$24,308$22,913$21,600$19,950
7 years$23,215$21,657$20,200$18,838$17,567$15,984
8 years$20,108$18,564$17,131$15,803$14,573$13,059
9 years$17,693$16,163$14,755$13,461$12,273$10,826
10 years$15,762$14,247$12,864$11,603$10,457$9,077
11 years$14,183$12,683$11,325$10,098$8,993$7,679
12 years$12,868$11,384$10,051$8,857$7,794$6,543
13 years$11,757$10,288$8,980$7,820$6,796$5,608
14 years$10,804$9,351$8,068$6,942$5,957$4,830
15 years$9,980$8,543$7,284$6,191$5,245$4,177
16 years$9,259$7,838$6,604$5,543$4,636$3,625
17 years$8,624$7,218$6,010$4,980$4,111$3,155
18 years$8,060$6,670$5,486$4,488$3,655$2,753
19 years$7,556$6,182$5,022$4,056$3,258$2,407
20 years$7,103$5,744$4,609$3,673$2,910$2,108
21 years$6,694$5,351$4,240$3,334$2,604$1,850
22 years$6,322$4,995$3,907$3,031$2,334$1,625
23 years$5,983$4,671$3,608$2,760$2,095$1,429
24 years$5,673$4,377$3,337$2,518$1,883$1,259
25 years$5,388$4,107$3,090$2,299$1,695$1,109
26 years$5,126$3,860$2,866$2,102$1,526$978
27 years$4,883$3,633$2,662$1,924$1,376$864
28 years$4,658$3,423$2,474$1,763$1,242$763
29 years$4,449$3,229$2,302$1,617$1,121$674
30 years$4,254$3,050$2,145$1,484$1,013$596
31 years$4,072$2,883$1,999$1,363$916$527
32 years$3,902$2,728$1,865$1,252$829$466
33 years$3,743$2,584$1,742$1,152$750$413
34 years$3,593$2,449$1,627$1,060$679$365
35 years$3,452$2,322$1,522$975$615$324
36 years$3,319$2,204$1,423$898$557$287
37 years$3,194$2,094$1,332$828$505$254
38 years$3,076$1,990$1,248$763$458$225
39 years$2,964$1,892$1,169$703$415$199
40 years$2,857$1,800$1,096$649$377$177
41 years$2,757$1,714$1,027$599$342$157
42 years$2,661$1,632$964$552$310$139
43 years$2,570$1,555$904$510$281$123
44 years$2,483$1,482$849$471$255$109
45 years$2,401$1,413$797$435$232$97
46 years$2,322$1,348$749$402$210$86
47 years$2,247$1,287$703$371$191$76
48 years$2,175$1,228$661$343$174$68
49 years$2,106$1,173$621$317$158$60
50 years$2,041$1,120$584$293$143$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,090,000, adding $4,448 every year, while hoping to spend $39,714 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: 62/22/16 Blend
29$2,090,000$2,090,000$2,090,000$2,090,000
30$2,307,768$2,196,998$2,164,603$2,441,357
31$2,500,905$2,262,396$2,194,862$2,597,131
32$2,712,411$2,329,667$2,224,803$2,762,221
33$2,944,117$2,398,861$2,254,375$2,941,500
34$3,198,042$2,470,029$2,283,521$3,136,348
35$3,476,406$2,543,224$2,312,182$3,348,284
36$3,781,656$2,618,499$2,340,297$3,578,984
37$4,116,487$2,695,908$2,367,799$3,830,290
38$4,483,868$2,775,506$2,394,620$4,104,231
39$4,887,068$2,857,352$2,420,685$4,403,043
40$5,329,688$2,941,501$2,445,917$4,729,187
41$5,815,696$3,028,015$2,470,235$5,085,373
42$6,349,462$3,116,952$2,493,553$5,474,588
43$6,935,799$3,208,376$2,515,780$5,900,120
44$7,580,012$3,302,347$2,536,820$6,365,592
45$8,287,943$3,398,932$2,556,573$6,874,993
46$9,066,028$3,498,194$2,574,932$7,432,718
47$9,921,358$3,600,201$2,591,788$8,043,610
48$10,861,745$3,705,019$2,607,022$8,713,003
49$11,895,797$3,812,719$2,620,511$9,446,773
50$13,032,996$3,923,370$2,632,125$10,251,394
51$14,283,790$4,037,043$2,641,730$11,133,999
52$15,659,689$4,153,812$2,649,181$12,102,445
53$17,173,378$4,273,749$2,654,329$13,165,390
54$18,838,829$4,396,929$2,657,015$14,332,374
55$20,671,440$4,523,429$2,657,076$15,613,907
56$22,688,176$4,653,326$2,654,337$17,021,568
57$24,907,728$4,786,697$2,648,615$18,568,118
58$27,350,694$4,923,622$2,639,721$20,267,615
59$30,039,767$5,064,182$2,627,454$22,135,551
60$32,999,953$5,208,457$2,611,603$24,188,995
61$36,258,806$5,356,530$2,591,950$26,446,756
62$39,846,688$5,508,483$2,568,264$28,929,559
63$43,797,052$5,664,400$2,540,303$31,660,241
64$48,146,762$5,824,367$2,507,814$34,663,967
65$52,936,439$5,988,468$2,470,532$37,968,466
66$58,210,841$6,156,789$2,428,181$41,604,295
67$64,019,292$6,329,417$2,380,471$45,605,123
68$70,416,140$6,506,438$2,327,096$50,008,055
69$77,461,273$6,687,940$2,267,741$54,853,976
70$85,220,684$6,874,010$2,202,071$60,187,942
71$93,767,093$7,064,736$2,129,740$66,059,600
72$103,180,634$7,260,206$2,050,384$72,523,661
73$113,549,609$7,460,506$1,963,622$79,640,415
74$124,971,323$7,665,725$1,869,057$87,476,298
75$137,553,001$7,875,948$1,766,273$96,104,524
76$151,412,800$8,091,262$1,654,836$105,605,769
77$166,680,924$8,311,753$1,534,292$116,068,941
78$183,500,853$8,537,504$1,404,166$127,592,010
79$202,030,698$8,768,598$1,263,962$140,282,943
80$222,444,688$9,005,119$1,113,164$154,260,714
81$244,934,821$9,247,145$951,230$169,656,433
82$269,712,672$9,494,754$777,596$186,614,581
83$297,011,391$9,748,023$591,671$205,294,377
84$327,087,902$10,007,026$392,841$225,871,276
85$360,225,329$10,271,831$180,463$248,538,632
86$396,735,670$10,542,508$0$273,509,518
87$436,962,737$10,819,120$0$301,026,624
88$481,285,406$11,101,726$0$331,374,215
89$530,121,190$11,390,384$0$364,806,721
90$583,930,181$11,685,142$0$401,638,509
91$643,219,393$11,986,048$0$442,216,000
92$708,547,547$12,293,140$0$486,920,943
93$780,530,346$12,606,453$0$536,174,018
94$859,846,285$12,926,013$0$590,438,806
95$947,243,058$13,251,839$0$650,226,163
96$1,043,544,614$13,583,944$0$716,099,049
97$1,149,658,936$13,922,328$0$788,677,831
98$1,266,586,611$14,266,986$0$868,646,150
99$1,395,430,277$14,617,899$0$956,757,365
100$1,537,405,029$14,975,040$0$1,053,841,673