Can I retire at age 30 with 2,210,000?

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 $2,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$182,500$180,874$179,288$177,740$176,229$173,095
2 years$90,346$88,664$87,033$85,452$83,918$80,772
3 years$59,633$57,943$56,316$54,750$53,241$50,181
4 years$44,279$42,594$40,984$39,444$37,972$35,020
5 years$35,069$33,394$31,805$30,297$28,866$26,031
6 years$28,931$27,269$25,703$24,229$22,841$20,126
7 years$24,548$22,900$21,359$19,920$18,575$15,983
8 years$21,263$19,630$18,115$16,710$15,410$12,938
9 years$18,709$17,091$15,602$14,233$12,978$10,624
10 years$16,667$15,065$13,602$12,269$11,058$8,822
11 years$14,997$13,412$11,975$10,678$9,510$7,388
12 years$13,607$12,038$10,628$9,366$8,241$6,231
13 years$12,432$10,878$9,495$8,269$7,186$5,285
14 years$11,425$9,888$8,531$7,340$6,300$4,504
15 years$10,553$9,033$7,703$6,546$5,547$3,853
16 years$9,791$8,288$6,984$5,861$4,902$3,306
17 years$9,119$7,633$6,355$5,266$4,347$2,845
18 years$8,523$7,053$5,801$4,746$3,865$2,454
19 years$7,990$6,537$5,311$4,288$3,445$2,121
20 years$7,511$6,074$4,874$3,884$3,077$1,836
21 years$7,078$5,658$4,483$3,525$2,753$1,591
22 years$6,685$5,281$4,132$3,205$2,468$1,381
23 years$6,327$4,940$3,815$2,919$2,216$1,200
24 years$5,999$4,628$3,528$2,662$1,991$1,043
25 years$5,698$4,343$3,268$2,431$1,792$908
26 years$5,420$4,082$3,031$2,223$1,614$791
27 years$5,163$3,842$2,814$2,035$1,455$689
28 years$4,926$3,620$2,616$1,864$1,313$601
29 years$4,705$3,415$2,435$1,710$1,186$524
30 years$4,499$3,225$2,268$1,569$1,071$457
31 years$4,306$3,049$2,114$1,441$969$399
32 years$4,126$2,885$1,973$1,324$876$349
33 years$3,958$2,732$1,842$1,218$793$304
34 years$3,799$2,589$1,721$1,120$718$266
35 years$3,650$2,456$1,609$1,031$650$232
36 years$3,510$2,331$1,505$950$589$203
37 years$3,377$2,214$1,409$875$534$177
38 years$3,252$2,104$1,319$807$484$155
39 years$3,134$2,001$1,236$744$439$136
40 years$3,021$1,903$1,158$686$398$119
41 years$2,915$1,812$1,086$633$361$104
42 years$2,814$1,726$1,019$584$328$91
43 years$2,717$1,644$956$539$297$79
44 years$2,626$1,567$898$498$270$69
45 years$2,539$1,494$843$460$245$61
46 years$2,455$1,426$792$425$223$53
47 years$2,376$1,361$744$392$202$46
48 years$2,300$1,299$699$363$184$41
49 years$2,227$1,240$657$335$167$35
50 years$2,158$1,185$618$310$151$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,210,000, adding $3,365 every year, while hoping to spend $37,129 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: 40/38/22 Blend
29$2,210,000$2,210,000$2,210,000$2,210,000
30$2,438,891$2,321,761$2,287,506$2,520,442
31$2,648,153$2,396,022$2,324,632$2,653,598
32$2,877,515$2,472,678$2,361,758$2,793,782
33$3,128,989$2,551,806$2,398,844$2,944,692
34$3,404,789$2,633,488$2,435,848$3,107,326
35$3,707,354$2,717,806$2,472,727$3,282,784
36$4,039,373$2,804,847$2,509,431$3,472,274
37$4,403,804$2,894,700$2,545,913$3,677,124
38$4,803,909$2,987,456$2,582,117$3,898,797
39$5,243,278$3,083,212$2,617,988$4,138,900
40$5,725,867$3,182,065$2,653,466$4,399,204
41$6,256,036$3,284,116$2,688,488$4,681,655
42$6,838,585$3,389,472$2,722,986$4,988,396
43$7,478,804$3,498,239$2,756,889$5,321,787
44$8,182,520$3,610,530$2,790,122$5,684,423
45$8,956,152$3,726,461$2,822,607$6,079,163
46$9,806,774$3,846,152$2,854,258$6,509,153
47$10,742,177$3,969,726$2,884,989$6,977,858
48$11,770,948$4,097,312$2,914,705$7,489,091
49$12,902,546$4,229,041$2,943,308$8,047,053
50$14,147,391$4,365,049$2,970,694$8,656,369
51$15,516,967$4,505,479$2,996,755$9,322,132
52$17,023,926$4,650,476$3,021,375$10,049,950
53$18,682,209$4,800,191$3,044,433$10,846,003
54$20,507,174$4,954,780$3,065,801$11,717,093
55$22,515,746$5,114,405$3,085,345$12,670,714
56$24,726,572$5,279,231$3,102,925$13,715,122
57$27,160,201$5,449,432$3,118,392$14,859,408
58$29,839,273$5,625,186$3,131,589$16,113,589
59$32,788,736$5,806,677$3,142,354$17,488,697
60$36,036,078$5,994,095$3,150,514$18,996,888
61$39,611,590$6,187,638$3,155,888$20,651,550
62$43,548,649$6,387,509$3,158,287$22,467,434
63$47,884,033$6,593,919$3,157,512$24,460,792
64$52,658,270$6,807,086$3,153,354$26,649,526
65$57,916,015$7,027,235$3,145,593$29,053,363
66$63,706,478$7,254,599$3,134,000$31,694,034
67$70,083,885$7,489,420$3,118,335$34,595,483
68$77,107,985$7,731,946$3,098,344$37,784,091
69$84,844,624$7,982,436$3,073,762$41,288,925
70$93,366,357$8,241,156$3,044,314$45,142,009
71$102,753,134$8,508,382$3,009,708$49,378,633
72$113,093,061$8,784,399$2,969,640$54,037,676
73$124,483,222$9,069,503$2,923,791$59,161,979
74$137,030,601$9,364,000$2,871,829$64,798,747
75$150,853,091$9,668,204$2,813,404$70,999,993
76$166,080,603$9,982,444$2,748,150$77,823,032
77$182,856,298$10,307,057$2,675,687$85,331,015
78$201,337,931$10,642,393$2,595,613$93,593,530
79$221,699,345$10,988,815$2,507,511$102,687,258
80$244,132,109$11,346,698$2,410,943$112,696,691
81$268,847,327$11,716,429$2,305,452$123,714,935
82$296,077,630$12,098,410$2,190,561$135,844,587
83$326,079,372$12,493,055$2,065,768$149,198,699
84$359,135,049$12,900,796$1,930,552$163,901,848
85$395,555,966$13,322,077$1,784,368$180,091,311
86$435,685,174$13,757,359$1,626,644$197,918,360
87$479,900,710$14,207,118$1,456,785$217,549,688
88$528,619,164$14,671,848$1,274,169$239,168,984
89$582,299,611$15,152,061$1,078,146$262,978,664
90$641,447,944$15,648,284$868,036$289,201,784
91$706,621,651$16,161,067$643,132$318,084,140
92$778,435,075$16,690,975$402,693$349,896,595
93$857,565,216$17,238,596$145,946$384,937,629
94$944,758,119$17,804,538$0$423,536,158
95$1,040,835,918$18,389,431$0$466,084,696
96$1,146,704,594$18,993,926$0$512,991,118
97$1,263,362,534$19,618,699$0$564,661,485
98$1,391,909,946$20,264,449$0$621,581,045
99$1,533,559,254$20,931,901$0$684,284,524
100$1,689,646,538$21,621,804$0$753,361,161