Can I retire at age 30 with 2,110,000?

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 $2,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$174,242$172,690$171,176$169,698$168,254$163,327
2 years$86,258$84,652$83,095$81,585$80,121$75,196
3 years$56,934$55,321$53,768$52,273$50,832$46,065
4 years$42,275$40,667$39,129$37,659$36,254$31,681
5 years$33,482$31,883$30,366$28,926$27,560$23,193
6 years$27,622$26,035$24,540$23,132$21,807$17,650
7 years$23,438$21,864$20,393$19,018$17,735$13,789
8 years$20,301$18,742$17,295$15,954$14,713$10,975
9 years$17,862$16,318$14,896$13,589$12,390$8,856
10 years$15,913$14,383$12,987$11,714$10,557$7,222
11 years$14,319$12,805$11,433$10,195$9,080$5,938
12 years$12,991$11,493$10,147$8,942$7,868$4,914
13 years$11,869$10,386$9,065$7,895$6,861$4,088
14 years$10,908$9,441$8,145$7,008$6,014$3,415
15 years$10,076$8,624$7,354$6,250$5,296$2,863
16 years$9,348$7,913$6,668$5,596$4,680$2,407
17 years$8,707$7,287$6,067$5,028$4,150$2,028
18 years$8,137$6,734$5,539$4,531$3,690$1,712
19 years$7,629$6,241$5,070$4,094$3,289$1,448
20 years$7,171$5,799$4,653$3,708$2,938$1,226
21 years$6,758$5,402$4,280$3,365$2,629$1,040
22 years$6,383$5,042$3,945$3,060$2,356$882
23 years$6,041$4,716$3,642$2,787$2,115$749
24 years$5,728$4,419$3,369$2,542$1,901$637
25 years$5,440$4,147$3,120$2,321$1,711$542
26 years$5,175$3,897$2,894$2,122$1,541$461
27 years$4,930$3,668$2,687$1,943$1,389$392
28 years$4,703$3,456$2,498$1,780$1,254$334
29 years$4,492$3,260$2,324$1,632$1,132$284
30 years$4,295$3,079$2,165$1,498$1,023$242
31 years$4,111$2,911$2,019$1,376$925$207
32 years$3,940$2,754$1,883$1,264$837$176
33 years$3,779$2,608$1,758$1,163$757$150
34 years$3,627$2,472$1,643$1,070$685$128
35 years$3,485$2,345$1,536$985$621$109
36 years$3,351$2,225$1,437$907$562$93
37 years$3,225$2,114$1,345$836$510$79
38 years$3,105$2,009$1,260$770$462$68
39 years$2,992$1,910$1,180$710$419$58
40 years$2,885$1,817$1,106$655$380$49
41 years$2,783$1,730$1,037$604$345$42
42 years$2,686$1,647$973$558$313$36
43 years$2,594$1,570$913$515$284$31
44 years$2,507$1,496$857$475$258$26
45 years$2,424$1,427$805$439$234$22
46 years$2,344$1,361$756$406$212$19
47 years$2,268$1,299$710$375$193$16
48 years$2,196$1,240$667$346$175$14
49 years$2,126$1,184$627$320$159$12
50 years$2,060$1,131$590$296$145$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,110,000, adding $4,158 every year, while hoping to spend $24,312 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: 58/30/12 Blend
29$2,110,000$2,110,000$2,110,000$2,110,000
30$2,329,509$2,217,679$2,184,974$2,457,479
31$2,541,251$2,300,477$2,232,303$2,627,091
32$2,773,776$2,386,518$2,280,402$2,808,818
33$3,029,178$2,475,935$2,329,273$3,006,326
34$3,309,764$2,568,865$2,378,913$3,221,135
35$3,618,076$2,665,455$2,429,322$3,454,913
36$3,956,913$2,765,856$2,480,498$3,709,499
37$4,329,359$2,870,224$2,532,436$3,986,912
38$4,738,814$2,978,725$2,585,133$4,289,377
39$5,189,021$3,091,531$2,638,583$4,619,338
40$5,684,105$3,208,819$2,692,779$4,979,489
41$6,228,610$3,330,778$2,747,713$5,372,792
42$6,827,543$3,457,601$2,803,377$5,802,508
43$7,486,421$3,589,492$2,859,759$6,272,224
44$8,211,323$3,726,664$2,916,847$6,785,893
45$9,008,945$3,869,338$2,974,629$7,347,862
46$9,886,667$4,017,745$3,033,089$7,962,918
47$10,852,619$4,172,127$3,092,209$8,636,333
48$11,915,760$4,332,734$3,151,972$9,373,909
49$13,085,960$4,499,831$3,212,356$10,182,036
50$14,374,097$4,673,692$3,273,339$11,067,750
51$15,792,156$4,854,603$3,334,896$12,038,798
52$17,353,340$5,042,864$3,397,000$13,103,710
53$19,072,203$5,238,786$3,459,621$14,271,883
54$20,964,778$5,442,697$3,522,729$15,553,664
55$23,048,733$5,654,936$3,586,287$16,960,448
56$25,343,535$5,875,860$3,650,260$18,504,787
57$27,870,638$6,105,839$3,714,606$20,200,502
58$30,653,681$6,345,263$3,779,283$22,062,822
59$33,718,711$6,594,536$3,844,244$24,108,516
60$37,094,433$6,854,081$3,909,439$26,356,058
61$40,812,476$7,124,342$3,974,816$28,825,797
62$44,907,692$7,405,778$4,040,316$31,540,148
63$49,418,490$7,698,875$4,105,880$34,523,804
64$54,387,191$8,004,134$4,171,441$37,803,966
65$59,860,431$8,322,084$4,236,932$41,410,600
66$65,889,603$8,653,274$4,302,277$45,376,718
67$72,531,338$8,998,280$4,367,399$49,738,687
68$79,848,042$9,357,703$4,432,214$54,536,573
69$87,908,482$9,732,170$4,496,633$59,814,518
70$96,788,439$10,122,339$4,560,562$65,621,152
71$106,571,421$10,528,894$4,623,902$72,010,054
72$117,349,449$10,952,553$4,686,546$79,040,253
73$129,223,930$11,394,065$4,748,382$86,776,785
74$142,306,610$11,854,214$4,809,293$95,291,308
75$156,720,632$12,333,818$4,869,151$104,662,770
76$172,601,695$12,833,733$4,927,826$114,978,158
77$190,099,336$13,354,855$4,985,177$126,333,316
78$209,378,343$13,898,117$5,041,055$138,833,845
79$230,620,308$14,464,499$5,095,304$152,596,101
80$254,025,343$15,055,023$5,147,760$167,748,288
81$279,813,967$15,670,758$5,198,249$184,431,668
82$308,229,189$16,312,823$5,246,588$202,801,893
83$339,538,801$16,982,386$5,292,583$223,030,469
84$374,037,906$17,680,669$5,336,032$245,306,373
85$412,051,702$18,408,953$5,376,719$269,837,837
86$453,938,557$19,168,573$5,414,421$296,854,306
87$500,093,385$19,960,928$5,448,899$326,608,606
88$550,951,378$20,787,481$5,479,905$359,379,322
89$606,992,113$21,649,762$5,507,176$395,473,432
90$668,744,080$22,549,371$5,530,437$435,229,194
91$736,789,668$23,487,982$5,549,399$479,019,340
92$811,770,667$24,467,347$5,563,757$527,254,591
93$894,394,325$25,489,296$5,573,192$580,387,526
94$985,440,022$26,555,747$5,577,370$638,916,858
95$1,085,766,630$27,668,705$5,575,938$703,392,131
96$1,196,320,622$28,830,267$5,568,527$774,418,907
97$1,318,145,003$30,042,628$5,554,751$852,664,477
98$1,452,389,161$31,308,085$5,534,203$938,864,155
99$1,600,319,715$32,629,040$5,506,458$1,033,828,218
100$1,763,332,471$34,008,008$5,471,069$1,138,449,547