Can I retire at age 30 with 2,100,000?

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 $2,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$173,416$171,871$170,364$168,893$167,457$162,487
2 years$85,850$84,251$82,701$81,199$79,741$74,775
3 years$56,665$55,059$53,513$52,025$50,591$45,785
4 years$42,075$40,474$38,944$37,481$36,082$31,472
5 years$33,323$31,732$30,222$28,789$27,429$23,028
6 years$27,491$25,912$24,424$23,023$21,704$17,515
7 years$23,327$21,761$20,296$18,928$17,651$13,675
8 years$20,205$18,653$17,213$15,878$14,643$10,878
9 years$17,778$16,241$14,825$13,525$12,332$8,773
10 years$15,837$14,315$12,925$11,659$10,507$7,150
11 years$14,251$12,744$11,379$10,146$9,037$5,875
12 years$12,930$11,438$10,099$8,900$7,831$4,859
13 years$11,813$10,337$9,023$7,857$6,829$4,039
14 years$10,856$9,396$8,107$6,975$5,986$3,372
15 years$10,028$8,583$7,319$6,220$5,271$2,825
16 years$9,304$7,875$6,636$5,570$4,658$2,373
17 years$8,666$7,253$6,039$5,004$4,130$1,998
18 years$8,099$6,702$5,512$4,510$3,672$1,686
19 years$7,592$6,211$5,046$4,075$3,273$1,425
20 years$7,137$5,772$4,631$3,691$2,924$1,205
21 years$6,726$5,376$4,260$3,350$2,616$1,021
22 years$6,352$5,018$3,926$3,045$2,345$866
23 years$6,012$4,694$3,625$2,774$2,105$735
24 years$5,700$4,398$3,353$2,530$1,892$624
25 years$5,414$4,127$3,105$2,310$1,703$530
26 years$5,150$3,879$2,880$2,112$1,534$451
27 years$4,906$3,650$2,674$1,934$1,383$383
28 years$4,680$3,440$2,486$1,772$1,248$326
29 years$4,470$3,245$2,313$1,625$1,127$278
30 years$4,275$3,064$2,155$1,491$1,018$236
31 years$4,092$2,897$2,009$1,369$920$201
32 years$3,921$2,741$1,874$1,258$833$171
33 years$3,761$2,596$1,750$1,157$753$146
34 years$3,610$2,460$1,635$1,065$682$124
35 years$3,469$2,334$1,529$980$618$106
36 years$3,335$2,215$1,430$903$560$90
37 years$3,209$2,104$1,339$832$507$77
38 years$3,090$1,999$1,254$767$460$66
39 years$2,978$1,901$1,174$707$417$56
40 years$2,871$1,809$1,101$652$378$48
41 years$2,770$1,722$1,032$602$343$41
42 years$2,674$1,640$968$555$311$35
43 years$2,582$1,562$909$512$283$29
44 years$2,495$1,489$853$473$257$25
45 years$2,412$1,420$801$437$233$21
46 years$2,333$1,355$752$404$211$18
47 years$2,258$1,293$707$373$192$16
48 years$2,185$1,234$664$345$174$13
49 years$2,116$1,179$624$318$158$11
50 years$2,050$1,126$587$294$144$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,100,000, adding $3,373 every year, while hoping to spend $40,300 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: 60/31/9 Blend
29$2,100,000$2,100,000$2,100,000$2,100,000
30$2,317,679$2,206,379$2,173,829$2,451,864
31$2,511,204$2,271,613$2,203,774$2,607,502
32$2,723,117$2,338,692$2,233,370$2,772,293
33$2,955,252$2,407,666$2,262,566$2,951,037
34$3,209,628$2,478,581$2,291,302$3,145,078
35$3,488,467$2,551,489$2,319,518$3,355,898
36$3,794,220$2,626,441$2,347,150$3,585,127
37$4,129,582$2,703,488$2,374,131$3,834,558
38$4,497,523$2,782,683$2,400,389$4,106,166
39$4,901,317$2,864,081$2,425,848$4,402,125
40$5,344,566$2,947,736$2,450,429$4,724,829
41$5,831,242$3,033,705$2,474,049$5,076,914
42$6,365,716$3,122,044$2,496,617$5,461,281
43$6,952,807$3,212,812$2,518,042$5,881,126
44$7,597,822$3,306,068$2,538,224$6,339,969
45$8,306,607$3,401,873$2,557,062$6,841,685
46$9,085,602$3,500,286$2,574,445$7,390,542
47$9,941,905$3,601,371$2,590,260$7,991,243
48$10,883,332$3,705,191$2,604,386$8,648,966
49$11,918,496$3,811,810$2,616,697$9,369,414
50$13,056,886$3,921,292$2,627,060$10,158,872
51$14,308,957$4,033,704$2,635,336$11,024,259
52$15,686,228$4,149,113$2,641,377$11,973,202
53$17,201,390$4,267,586$2,645,030$13,014,099
54$18,868,426$4,389,192$2,646,132$14,156,203
55$20,702,744$4,514,001$2,644,516$15,409,709
56$22,721,318$4,642,081$2,640,002$16,785,847
57$24,942,854$4,773,505$2,632,404$18,296,990
58$27,387,962$4,908,344$2,621,526$19,956,772
59$30,079,351$5,046,669$2,607,163$21,780,212
60$33,042,042$5,188,553$2,589,101$23,783,858
61$36,303,607$5,334,069$2,567,113$25,985,944
62$39,894,428$5,483,291$2,540,964$28,406,560
63$43,847,979$5,636,292$2,510,406$31,067,841
64$48,201,149$5,793,146$2,475,180$33,994,177
65$52,994,583$5,953,928$2,435,016$37,212,443
66$58,273,071$6,118,710$2,389,629$40,752,251
67$64,085,965$6,287,568$2,338,722$44,646,229
68$70,487,649$6,460,574$2,281,985$48,930,333
69$77,538,050$6,637,803$2,219,092$53,644,179
70$85,303,202$6,819,327$2,149,703$58,831,422
71$93,855,873$7,005,217$2,073,462$64,540,165
72$103,276,245$7,195,547$1,989,997$70,823,416
73$113,652,679$7,390,385$1,898,918$77,739,584
74$125,082,540$7,589,802$1,799,820$85,353,033
75$137,673,121$7,793,864$1,692,276$93,734,689
76$151,542,655$8,002,639$1,575,842$102,962,706
77$166,821,428$8,216,190$1,450,055$113,123,208
78$183,653,010$8,434,580$1,314,429$124,311,100
79$202,195,611$8,657,869$1,168,456$136,630,962
80$222,623,573$8,886,114$1,011,609$150,198,039
81$245,129,012$9,119,369$843,333$165,139,326
82$269,923,639$9,357,685$663,052$181,594,768
83$297,240,749$9,601,110$470,162$199,718,580
84$327,337,428$9,849,687$264,036$219,680,704
85$360,496,979$10,103,455$44,014$241,668,412
86$397,031,595$10,362,449$0$265,888,073
87$437,285,306$10,626,697$0$292,585,425
88$481,637,224$10,896,222$0$321,998,456
89$530,505,126$11,171,042$0$354,399,174
90$584,349,392$11,451,167$0$390,091,986
91$643,677,355$11,736,599$0$429,412,340
92$709,048,087$12,027,333$0$472,729,893
93$781,077,675$12,323,356$0$520,451,999
94$860,445,043$12,624,645$0$573,027,553
95$947,898,351$12,931,167$0$630,951,228
96$1,044,262,066$13,242,877$0$694,768,148
97$1,150,444,740$13,559,721$0$765,079,028
98$1,267,447,586$13,881,630$0$842,545,850
99$1,396,373,934$14,208,524$0$927,898,106
100$1,538,439,639$14,540,306$0$1,021,939,692