Can I retire at age 30 with 2,150,000?

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 $2,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$177,545$175,964$174,421$172,915$171,444$166,222
2 years$87,894$86,257$84,670$83,132$81,640$76,424
3 years$58,014$56,370$54,787$53,263$51,796$46,749
4 years$43,077$41,438$39,871$38,373$36,941$32,103
5 years$34,117$32,488$30,942$29,474$28,082$23,465
6 years$28,145$26,529$25,005$23,571$22,220$17,828
7 years$23,882$22,279$20,780$19,379$18,071$13,904
8 years$20,686$19,097$17,623$16,257$14,992$11,046
9 years$18,201$16,627$15,178$13,847$12,625$8,898
10 years$16,215$14,656$13,233$11,936$10,757$7,243
11 years$14,590$13,048$11,650$10,388$9,252$5,944
12 years$13,238$11,711$10,339$9,112$8,017$4,909
13 years$12,094$10,583$9,237$8,044$6,991$4,075
14 years$11,115$9,620$8,300$7,141$6,128$3,398
15 years$10,267$8,788$7,494$6,368$5,396$2,842
16 years$9,525$8,063$6,794$5,702$4,769$2,384
17 years$8,872$7,425$6,182$5,123$4,229$2,005
18 years$8,292$6,861$5,644$4,617$3,760$1,689
19 years$7,773$6,359$5,166$4,172$3,351$1,425
20 years$7,307$5,909$4,742$3,779$2,993$1,204
21 years$6,886$5,504$4,361$3,429$2,679$1,018
22 years$6,504$5,138$4,020$3,118$2,401$862
23 years$6,155$4,805$3,711$2,840$2,155$731
24 years$5,836$4,502$3,432$2,590$1,937$619
25 years$5,543$4,225$3,179$2,365$1,743$525
26 years$5,273$3,971$2,948$2,163$1,570$446
27 years$5,023$3,737$2,738$1,980$1,416$379
28 years$4,792$3,522$2,545$1,814$1,277$322
29 years$4,577$3,322$2,369$1,663$1,153$273
30 years$4,376$3,137$2,206$1,526$1,042$232
31 years$4,189$2,966$2,057$1,402$942$197
32 years$4,014$2,806$1,919$1,288$852$168
33 years$3,850$2,658$1,792$1,185$771$143
34 years$3,696$2,519$1,674$1,090$698$121
35 years$3,551$2,389$1,565$1,003$633$103
36 years$3,415$2,268$1,464$924$573$88
37 years$3,286$2,154$1,370$852$519$75
38 years$3,164$2,047$1,283$785$471$64
39 years$3,049$1,946$1,202$724$427$54
40 years$2,939$1,852$1,127$667$387$46
41 years$2,836$1,763$1,057$616$351$39
42 years$2,737$1,679$991$568$319$33
43 years$2,644$1,599$930$525$289$28
44 years$2,555$1,525$873$484$263$24
45 years$2,470$1,454$820$447$238$21
46 years$2,389$1,387$770$413$217$17
47 years$2,311$1,324$723$382$197$15
48 years$2,237$1,264$680$353$179$13
49 years$2,167$1,207$639$326$162$11
50 years$2,099$1,153$601$301$147$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,150,000, adding $5,916 every year, while hoping to spend $42,142 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: 65/22/13 Blend
29$2,150,000$2,150,000$2,150,000$2,150,000
30$2,375,402$2,261,452$2,228,127$2,522,262
31$2,572,855$2,327,425$2,257,931$2,687,075
32$2,789,035$2,395,217$2,287,320$2,861,633
33$3,025,808$2,464,875$2,316,237$3,051,313
34$3,285,230$2,536,443$2,344,621$3,257,589
35$3,569,562$2,609,968$2,372,404$3,482,084
36$3,881,297$2,685,496$2,399,520$3,726,583
37$4,223,180$2,763,076$2,425,894$3,993,056
38$4,598,234$2,842,756$2,451,451$4,283,668
39$5,009,788$2,924,585$2,476,109$4,600,805
40$5,461,511$3,008,614$2,499,783$4,947,094
41$5,957,442$3,094,894$2,522,383$5,325,429
42$6,502,032$3,183,475$2,543,814$5,738,998
43$7,100,184$3,274,409$2,563,976$6,191,311
44$7,757,298$3,367,751$2,582,765$6,686,234
45$8,479,324$3,463,552$2,600,069$7,228,027
46$9,272,816$3,561,867$2,615,772$7,821,382
47$10,144,995$3,662,750$2,629,752$8,471,467
48$11,103,817$3,766,257$2,641,881$9,183,977
49$12,158,045$3,872,443$2,652,023$9,965,184
50$13,317,336$3,981,363$2,660,036$10,821,999
51$14,592,329$4,093,074$2,665,772$11,762,035
52$15,994,745$4,207,633$2,669,074$12,793,680
53$17,537,498$4,325,096$2,669,777$13,926,178
54$19,234,818$4,445,521$2,667,709$15,169,709
55$21,102,381$4,568,964$2,662,690$16,535,493
56$23,157,463$4,695,482$2,654,529$18,035,892
57$25,419,097$4,825,133$2,643,028$19,684,526
58$27,908,254$4,957,973$2,627,978$21,496,401
59$30,648,041$5,094,060$2,609,161$23,488,055
60$33,663,921$5,233,448$2,586,348$25,677,707
61$36,983,949$5,376,195$2,559,298$28,085,434
62$40,639,038$5,522,355$2,527,761$30,733,360
63$44,663,253$5,671,983$2,491,474$33,645,861
64$49,094,126$5,825,132$2,450,160$36,849,799
65$53,973,019$5,981,855$2,403,532$40,374,774
66$59,345,504$6,142,203$2,351,287$44,253,401
67$65,261,800$6,306,226$2,293,111$48,521,621
68$71,777,245$6,473,972$2,228,671$53,219,040
69$78,952,816$6,645,489$2,157,623$58,389,301
70$86,855,705$6,820,819$2,079,605$64,080,495
71$95,559,954$7,000,007$1,994,240$70,345,618
72$105,147,153$7,183,091$1,901,131$77,243,069
73$115,707,210$7,370,109$1,799,865$84,837,202
74$127,339,195$7,561,095$1,690,011$93,198,933
75$140,152,284$7,756,080$1,571,117$102,406,409
76$154,266,779$7,955,090$1,442,712$112,545,748
77$169,815,251$8,158,149$1,304,302$123,711,848
78$186,943,783$8,365,275$1,155,374$136,009,287
79$205,813,359$8,576,483$995,388$149,553,306
80$226,601,373$8,791,782$823,785$164,470,900
81$249,503,308$9,011,174$639,977$180,902,018
82$274,734,581$9,234,658$443,352$199,000,879
83$302,532,575$9,462,223$233,271$218,937,433
84$333,158,879$9,693,853$9,067$240,898,965
85$366,901,757$9,929,524$0$265,091,858
86$404,078,870$10,169,205$0$291,775,480
87$445,040,273$10,412,854$0$321,171,950
88$490,171,717$10,660,420$0$353,556,312
89$539,898,294$10,911,843$0$389,233,045
90$594,688,448$11,167,051$0$428,537,678
91$655,058,395$11,425,962$0$471,839,956
92$721,576,995$11,688,478$0$519,547,332
93$794,871,126$11,954,490$0$572,108,813
94$875,631,596$12,223,876$0$630,019,195
95$964,619,668$12,496,495$0$693,823,739
96$1,062,674,244$12,772,193$0$764,123,313
97$1,170,719,782$13,050,795$0$841,580,067
98$1,289,775,027$13,332,112$0$926,923,682
99$1,420,962,625$13,615,931$0$1,020,958,261
100$1,565,519,720$13,902,019$0$1,124,569,916