Can I retire at age 30 with 2,190,000?

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 $2,190,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$180,848$179,237$177,666$176,132$174,634$169,998
2 years$89,529$87,861$86,245$84,679$83,159$78,521
3 years$59,093$57,418$55,807$54,254$52,759$48,264
4 years$43,878$42,209$40,613$39,087$37,628$33,311
5 years$34,751$33,092$31,517$30,023$28,605$24,476
6 years$28,669$27,022$25,471$24,009$22,634$18,699
7 years$24,326$22,693$21,166$19,739$18,407$14,666
8 years$21,071$19,452$17,951$16,559$15,271$11,721
9 years$18,540$16,937$15,461$14,105$12,860$9,499
10 years$16,516$14,929$13,479$12,158$10,957$7,780
11 years$14,862$13,290$11,867$10,581$9,424$6,426
12 years$13,484$11,929$10,531$9,281$8,166$5,342
13 years$12,319$10,780$9,409$8,194$7,121$4,465
14 years$11,321$9,799$8,454$7,274$6,242$3,748
15 years$10,458$8,951$7,633$6,487$5,496$3,158
16 years$9,703$8,213$6,920$5,808$4,858$2,668
17 years$9,037$7,564$6,297$5,219$4,307$2,260
18 years$8,446$6,989$5,749$4,703$3,830$1,918
19 years$7,918$6,477$5,263$4,250$3,414$1,630
20 years$7,443$6,019$4,830$3,849$3,049$1,388
21 years$7,014$5,607$4,442$3,493$2,729$1,183
22 years$6,625$5,234$4,094$3,176$2,446$1,010
23 years$6,270$4,895$3,780$2,892$2,195$862
24 years$5,945$4,586$3,496$2,638$1,973$737
25 years$5,646$4,304$3,238$2,409$1,776$630
26 years$5,371$4,045$3,003$2,203$1,599$539
27 years$5,117$3,807$2,789$2,016$1,442$462
28 years$4,881$3,587$2,593$1,847$1,301$395
29 years$4,662$3,384$2,413$1,694$1,175$339
30 years$4,458$3,196$2,247$1,555$1,062$290
31 years$4,267$3,021$2,095$1,428$960$249
32 years$4,089$2,859$1,955$1,312$868$213
33 years$3,922$2,707$1,825$1,207$786$183
34 years$3,765$2,566$1,705$1,110$711$157
35 years$3,617$2,434$1,594$1,022$644$134
36 years$3,478$2,310$1,491$941$584$115
37 years$3,347$2,194$1,396$867$529$99
38 years$3,223$2,085$1,307$799$480$85
39 years$3,105$1,983$1,225$737$435$73
40 years$2,994$1,886$1,148$680$395$62
41 years$2,888$1,795$1,076$627$358$54
42 years$2,788$1,710$1,010$579$325$46
43 years$2,693$1,629$948$534$295$39
44 years$2,602$1,553$889$493$268$34
45 years$2,516$1,481$835$456$243$29
46 years$2,433$1,413$784$421$221$25
47 years$2,354$1,348$737$389$200$21
48 years$2,279$1,287$692$359$182$18
49 years$2,207$1,229$651$332$165$16
50 years$2,138$1,174$612$307$150$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,190,000, adding $3,209 every year, while hoping to spend $49,536 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: 60/26/14 Blend
29$2,190,000$2,190,000$2,190,000$2,190,000
30$2,416,690$2,300,620$2,266,675$2,553,092
31$2,610,487$2,360,645$2,289,903$2,705,366
32$2,822,390$2,421,950$2,312,248$2,865,561
33$3,054,195$2,484,547$2,333,630$3,039,132
34$3,307,878$2,548,444$2,353,961$3,227,375
35$3,585,614$2,613,651$2,373,152$3,431,718
36$3,889,800$2,680,173$2,391,106$3,653,735
37$4,223,074$2,748,016$2,407,722$3,895,156
38$4,588,342$2,817,183$2,422,895$4,157,888
39$4,988,805$2,887,677$2,436,514$4,444,034
40$5,427,987$2,959,498$2,448,462$4,755,905
41$5,909,771$3,032,642$2,458,615$5,096,052
42$6,438,433$3,107,107$2,466,843$5,467,281
43$7,018,684$3,182,886$2,473,013$5,872,687
44$7,655,711$3,259,968$2,476,980$6,315,676
45$8,355,230$3,338,343$2,478,596$6,800,003
46$9,123,537$3,417,996$2,477,702$7,329,805
47$9,967,568$3,498,908$2,474,135$7,909,638
48$10,894,963$3,581,057$2,467,722$8,544,523
49$11,914,139$3,664,420$2,458,281$9,239,994
50$13,034,370$3,748,965$2,445,622$10,002,146
51$14,265,872$3,834,660$2,429,547$10,837,697
52$15,619,900$3,921,467$2,409,845$11,754,048
53$17,108,854$4,009,344$2,386,299$12,759,356
54$18,746,397$4,098,241$2,358,680$13,862,607
55$20,547,581$4,188,107$2,326,748$15,073,706
56$22,528,991$4,278,881$2,290,250$16,403,566
57$24,708,900$4,370,498$2,248,926$17,864,213
58$27,107,441$4,462,885$2,202,498$19,468,901
59$29,746,798$4,555,964$2,150,679$21,232,234
60$32,651,412$4,649,648$2,093,168$23,170,306
61$35,848,216$4,743,840$2,029,649$25,300,854
62$39,366,885$4,838,439$1,959,793$27,643,422
63$43,240,115$4,933,331$1,883,254$30,219,549
64$47,503,936$5,028,393$1,799,672$33,052,974
65$52,198,047$5,123,493$1,708,670$36,169,853
66$57,366,191$5,218,487$1,609,854$39,599,016
67$63,056,569$5,313,221$1,502,811$43,372,231
68$69,322,296$5,407,525$1,387,112$47,524,508
69$76,221,897$5,501,221$1,262,307$52,094,432
70$83,819,862$5,594,112$1,127,926$57,124,522
71$92,187,254$5,685,990$983,478$62,661,638
72$101,402,380$5,776,629$828,450$68,757,420
73$111,551,528$5,865,789$662,308$75,468,781
74$122,729,780$5,953,209$484,492$82,858,437
75$135,041,915$6,038,614$294,420$90,995,507
76$148,603,389$6,121,704$91,481$99,956,163
77$163,541,430$6,202,163$0$109,824,350
78$179,996,236$6,279,649$0$120,711,266
79$198,122,301$6,353,801$0$132,715,973
80$218,089,867$6,424,229$0$145,937,250
81$240,086,537$6,490,519$0$160,499,027
82$264,319,039$6,552,230$0$176,537,871
83$291,015,182$6,608,890$0$194,204,281
84$320,426,003$6,659,999$0$213,664,105
85$352,828,137$6,705,020$0$235,100,108
86$388,526,428$6,743,386$0$258,713,696
87$427,856,803$6,774,492$0$284,726,820
88$471,189,448$6,797,693$0$313,384,070
89$518,932,297$6,812,305$0$344,954,984
90$571,534,884$6,817,602$0$379,736,597
91$629,492,588$6,812,809$0$418,056,240
92$693,351,303$6,797,109$0$460,274,635
93$763,712,598$6,769,628$0$506,789,301
94$841,239,387$6,729,445$0$558,038,304
95$926,662,194$6,675,577$0$614,504,398
96$1,020,786,044$6,606,986$0$676,719,582
97$1,124,498,062$6,522,570$0$745,270,121
98$1,238,775,849$6,421,161$0$820,802,086
99$1,364,696,708$6,301,520$0$904,027,452
100$1,503,447,815$6,162,338$0$995,730,819