Can I retire at age 30 with 2,200,000?

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 $2,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$181,674$180,056$178,477$176,936$175,431$171,329
2 years$89,938$88,263$86,639$85,065$83,539$79,429
3 years$59,363$57,681$56,061$54,502$53,000$49,012
4 years$44,078$42,401$40,798$39,266$37,800$33,964
5 years$34,910$33,243$31,661$30,160$28,735$25,061
6 years$28,800$27,146$25,587$24,119$22,737$19,229
7 years$24,437$22,797$21,263$19,830$18,491$15,150
8 years$21,167$19,541$18,033$16,635$15,340$12,165
9 years$18,624$17,014$15,531$14,169$12,919$9,906
10 years$16,592$14,997$13,541$12,214$11,007$8,154
11 years$14,930$13,351$11,921$10,630$9,467$6,769
12 years$13,546$11,983$10,580$9,324$8,204$5,658
13 years$12,375$10,829$9,452$8,231$7,154$4,754
14 years$11,373$9,843$8,493$7,307$6,271$4,013
15 years$10,505$8,992$7,668$6,516$5,521$3,400
16 years$9,747$8,250$6,952$5,835$4,880$2,889
17 years$9,078$7,598$6,326$5,243$4,327$2,461
18 years$8,485$7,021$5,775$4,725$3,847$2,101
19 years$7,954$6,507$5,287$4,269$3,429$1,797
20 years$7,477$6,047$4,852$3,866$3,063$1,539
21 years$7,046$5,632$4,463$3,509$2,741$1,320
22 years$6,655$5,257$4,113$3,191$2,457$1,133
23 years$6,298$4,917$3,798$2,906$2,205$974
24 years$5,972$4,607$3,512$2,650$1,982$838
25 years$5,672$4,323$3,253$2,420$1,784$721
26 years$5,396$4,063$3,017$2,213$1,607$621
27 years$5,140$3,824$2,802$2,026$1,449$535
28 years$4,903$3,603$2,604$1,856$1,307$461
29 years$4,683$3,399$2,424$1,702$1,180$398
30 years$4,478$3,210$2,258$1,562$1,066$343
31 years$4,287$3,035$2,105$1,434$964$296
32 years$4,108$2,872$1,964$1,318$872$255
33 years$3,940$2,719$1,833$1,212$789$220
34 years$3,782$2,577$1,713$1,115$715$190
35 years$3,634$2,445$1,602$1,027$647$164
36 years$3,494$2,320$1,498$946$586$142
37 years$3,362$2,204$1,402$871$532$123
38 years$3,238$2,094$1,313$803$482$106
39 years$3,120$1,992$1,230$740$437$91
40 years$3,008$1,895$1,153$683$396$79
41 years$2,902$1,804$1,081$630$360$68
42 years$2,801$1,718$1,014$582$326$59
43 years$2,705$1,637$952$537$296$51
44 years$2,614$1,560$893$496$269$44
45 years$2,527$1,488$839$458$244$38
46 years$2,444$1,419$788$423$222$33
47 years$2,365$1,354$740$391$201$28
48 years$2,289$1,293$696$361$183$25
49 years$2,217$1,235$654$334$166$21
50 years$2,148$1,179$615$308$151$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,200,000, adding $5,712 every year, while hoping to spend $56,781 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: 46/35/19 Blend
29$2,200,000$2,200,000$2,200,000$2,200,000
30$2,430,292$2,313,692$2,279,592$2,528,653
31$2,617,767$2,366,648$2,295,544$2,650,933
32$2,822,462$2,420,296$2,310,127$2,777,392
33$3,046,072$2,474,610$2,323,235$2,913,398
34$3,290,466$2,529,561$2,334,758$3,059,866
35$3,557,700$2,585,115$2,344,579$3,217,805
36$3,850,037$2,641,237$2,352,574$3,388,323
37$4,169,970$2,697,887$2,358,614$3,572,645
38$4,520,243$2,755,021$2,362,565$3,772,120
39$4,903,881$2,812,589$2,364,283$3,988,233
40$5,324,210$2,870,540$2,363,620$4,222,625
41$5,784,897$2,928,814$2,360,419$4,477,100
42$6,289,979$2,987,348$2,354,516$4,753,651
43$6,843,903$3,046,074$2,345,738$5,054,472
44$7,451,566$3,104,917$2,333,905$5,381,984
45$8,118,363$3,163,794$2,318,827$5,738,853
46$8,850,235$3,222,619$2,300,307$6,128,021
47$9,653,727$3,281,296$2,278,136$6,552,731
48$10,536,050$3,339,722$2,252,096$7,016,556
49$11,505,146$3,397,787$2,221,960$7,523,438
50$12,569,763$3,455,372$2,187,488$8,077,721
51$13,739,541$3,512,347$2,148,431$8,684,196
52$15,025,098$3,568,575$2,104,527$9,348,142
53$16,438,131$3,623,909$2,055,502$10,075,383
54$17,991,529$3,678,189$2,001,070$10,872,337
55$19,699,489$3,731,245$1,940,930$11,746,080
56$21,577,656$3,782,894$1,874,770$12,704,414
57$23,643,263$3,832,942$1,802,261$13,755,940
58$25,915,300$3,881,181$1,723,061$14,910,139
59$28,414,688$3,927,386$1,636,811$16,177,467
60$31,164,478$3,971,320$1,543,136$17,569,446
61$34,190,069$4,012,729$1,441,646$19,098,782
62$37,519,445$4,051,341$1,331,930$20,779,481
63$41,183,440$4,086,869$1,213,561$22,626,984
64$45,216,029$4,119,003$1,086,093$24,658,313
65$49,654,645$4,147,415$949,058$26,892,233
66$54,540,538$4,171,757$801,970$29,349,429
67$59,919,157$4,191,658$644,321$32,052,704
68$65,840,582$4,206,721$475,577$35,027,198
69$72,359,998$4,216,526$295,185$38,300,620
70$79,538,210$4,220,629$102,566$41,903,517
71$87,442,221$4,218,553$0$45,869,562
72$96,145,861$4,209,795$0$50,256,752
73$105,730,485$4,193,821$0$55,108,671
74$116,285,740$4,170,064$0$60,449,736
75$127,910,409$4,137,920$0$66,329,802
76$140,713,345$4,096,753$0$72,803,814
77$154,814,497$4,045,885$0$79,932,327
78$170,346,041$3,984,599$0$87,782,078
79$187,453,628$3,912,134$0$96,426,620
80$206,297,755$3,827,686$0$105,947,018
81$227,055,284$3,730,401$0$116,432,611
82$249,921,109$3,619,377$0$127,981,863
83$275,109,993$3,493,657$0$140,703,289
84$302,858,597$3,352,230$0$154,716,484
85$333,427,711$3,194,027$0$170,153,254
86$367,104,717$3,017,913$0$187,158,863
87$404,206,300$2,822,693$0$205,893,403
88$445,081,436$2,607,099$0$226,533,311
89$490,114,689$2,369,793$0$249,273,036
90$539,729,834$2,109,360$0$274,326,879
91$594,393,863$1,824,304$0$301,931,017
92$654,621,387$1,513,045$0$332,345,734
93$720,979,498$1,173,914$0$365,857,887
94$794,093,119$805,148$0$402,783,612
95$874,650,901$404,884$0$443,471,315
96$963,411,726$0$0$488,304,964
97$1,061,211,868$0$0$537,718,830
98$1,168,972,886$0$0$592,337,779
99$1,287,710,327$0$0$652,520,667
100$1,418,543,306$0$0$718,834,789