Can I retire at age 30 with 2,130,000?

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 $2,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$175,893$174,327$172,798$171,306$169,849$164,544
2 years$87,076$85,454$83,883$82,359$80,881$75,583
3 years$57,474$55,845$54,278$52,768$51,314$46,190
4 years$42,676$41,052$39,500$38,016$36,598$31,687
5 years$33,799$32,185$30,654$29,200$27,821$23,136
6 years$27,884$26,282$24,773$23,352$22,014$17,559
7 years$23,660$22,071$20,586$19,199$17,903$13,678
8 years$20,493$18,919$17,459$16,105$14,852$10,855
9 years$18,032$16,473$15,037$13,718$12,508$8,733
10 years$16,064$14,520$13,110$11,825$10,657$7,100
11 years$14,455$12,926$11,542$10,291$9,166$5,819
12 years$13,115$11,602$10,243$9,027$7,943$4,799
13 years$11,982$10,485$9,151$7,969$6,926$3,979
14 years$11,011$9,530$8,223$7,074$6,071$3,313
15 years$10,171$8,706$7,424$6,309$5,346$2,767
16 years$9,437$7,988$6,731$5,649$4,725$2,318
17 years$8,789$7,356$6,125$5,076$4,189$1,946
18 years$8,215$6,798$5,591$4,574$3,725$1,637
19 years$7,701$6,300$5,118$4,133$3,320$1,379
20 years$7,239$5,854$4,697$3,743$2,966$1,163
21 years$6,822$5,453$4,321$3,397$2,654$983
22 years$6,443$5,090$3,982$3,089$2,379$831
23 years$6,098$4,761$3,677$2,813$2,135$703
24 years$5,782$4,460$3,400$2,566$1,919$595
25 years$5,491$4,186$3,150$2,343$1,727$504
26 years$5,224$3,934$2,921$2,143$1,556$427
27 years$4,977$3,702$2,712$1,961$1,403$362
28 years$4,747$3,489$2,522$1,797$1,266$307
29 years$4,534$3,291$2,347$1,648$1,143$260
30 years$4,336$3,108$2,186$1,512$1,033$221
31 years$4,150$2,938$2,038$1,389$934$187
32 years$3,977$2,780$1,901$1,276$844$159
33 years$3,815$2,633$1,775$1,174$764$135
34 years$3,662$2,495$1,659$1,080$692$115
35 years$3,518$2,367$1,551$994$627$97
36 years$3,383$2,247$1,451$916$568$83
37 years$3,255$2,134$1,358$844$515$70
38 years$3,135$2,028$1,271$778$467$60
39 years$3,020$1,928$1,191$717$423$51
40 years$2,912$1,835$1,117$661$384$43
41 years$2,809$1,746$1,047$610$348$37
42 years$2,712$1,663$982$563$316$31
43 years$2,619$1,585$922$520$287$26
44 years$2,531$1,510$865$480$260$22
45 years$2,447$1,440$812$443$236$19
46 years$2,366$1,374$763$409$215$16
47 years$2,290$1,311$717$378$195$14
48 years$2,217$1,252$674$350$177$12
49 years$2,147$1,195$633$323$161$10
50 years$2,080$1,142$595$299$146$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,130,000, adding $4,343 every year, while hoping to spend $59,459 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: 85/8/7 Blend
29$2,130,000$2,130,000$2,130,000$2,130,000
30$2,351,740$2,238,850$2,205,835$2,549,924
31$2,528,353$2,285,290$2,216,466$2,726,322
32$2,720,989$2,332,012$2,225,461$2,911,520
33$2,931,217$2,378,968$2,232,702$3,113,097
34$3,160,769$2,426,105$2,238,065$3,332,658
35$3,411,547$2,473,364$2,241,420$3,571,975
36$3,685,649$2,520,683$2,242,632$3,832,995
37$3,985,383$2,567,994$2,241,557$4,117,864
38$4,313,288$2,615,222$2,238,046$4,428,946
39$4,672,165$2,662,289$2,231,941$4,768,843
40$5,065,092$2,709,108$2,223,078$5,140,424
41$5,495,464$2,755,587$2,211,283$5,546,845
42$5,967,016$2,801,625$2,196,376$5,991,585
43$6,483,863$2,847,117$2,178,167$6,478,477
44$7,050,538$2,891,946$2,156,456$7,011,741
45$7,672,031$2,935,989$2,131,035$7,596,028
46$8,353,840$2,979,114$2,101,686$8,236,460
47$9,102,020$3,021,179$2,068,181$8,938,682
48$9,923,241$3,062,032$2,030,281$9,708,911
49$10,824,850$3,101,511$1,987,734$10,553,997
50$11,814,941$3,139,441$1,940,279$11,481,489
51$12,902,429$3,175,638$1,887,643$12,499,703
52$14,097,135$3,209,902$1,829,537$13,617,800
53$15,409,879$3,242,024$1,765,663$14,845,877
54$16,852,580$3,271,776$1,695,706$16,195,058
55$18,438,370$3,298,920$1,619,338$17,677,598
56$20,181,715$3,323,198$1,536,218$19,307,004
57$22,098,555$3,344,340$1,445,986$21,098,156
58$24,206,449$3,362,053$1,348,267$23,067,452
59$26,524,743$3,376,031$1,242,671$25,232,960
60$29,074,755$3,385,945$1,128,789$27,614,591
61$31,879,970$3,391,445$1,006,193$30,234,283
62$34,966,263$3,392,163$874,436$33,116,212
63$38,362,146$3,387,703$733,054$36,287,018
64$42,099,033$3,377,648$581,560$39,776,056
65$46,211,537$3,361,556$419,445$43,615,676
66$50,737,796$3,338,954$246,178$47,841,523
67$55,719,833$3,309,344$61,207$52,492,878
68$61,203,951$3,272,198$0$57,613,030
69$67,241,171$3,226,952$0$63,259,850
70$73,887,712$3,173,014$0$69,481,272
71$81,205,520$3,109,753$0$76,330,692
72$89,262,855$3,036,502$0$83,871,992
73$98,134,930$2,952,555$0$92,175,566
74$107,904,625$2,857,163$0$101,318,986
75$118,663,267$2,749,534$0$111,387,730
76$130,511,491$2,628,832$0$122,475,992
77$143,560,187$2,494,169$0$134,687,571
78$157,931,551$2,344,608$0$148,136,847
79$173,760,233$2,179,157$0$162,949,866
80$191,194,610$1,996,769$0$179,265,523
81$210,398,185$1,796,335$0$197,236,878
82$231,551,128$1,576,684$0$217,032,601
83$254,851,980$1,336,579$0$238,838,560
84$280,519,522$1,074,712$0$262,859,577
85$308,794,842$789,701$0$289,321,363
86$339,943,608$480,088$0$318,472,648
87$374,258,576$144,332$0$350,587,528
88$412,062,353$0$0$385,968,053
89$453,710,442$0$0$424,966,373
90$499,594,594$0$0$467,945,296
91$550,146,509$0$0$515,296,489
92$605,841,907$0$0$567,465,557
93$667,205,021$0$0$624,943,549
94$734,813,539$0$0$688,271,586
95$809,304,066$0$0$758,045,972
96$891,378,121$0$0$834,923,821
97$981,808,769$0$0$919,629,262
98$1,081,447,911$0$0$1,012,960,270
99$1,191,234,327$0$0$1,115,796,197
100$1,312,202,537$0$0$1,229,106,080