Can I retire at age 30 with 2,250,000?

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 $2,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$185,803$184,148$182,533$180,957$179,418$174,797
2 years$91,982$90,269$88,608$86,999$85,437$80,812
3 years$60,712$58,991$57,335$55,741$54,205$49,721
4 years$45,080$43,365$41,726$40,158$38,659$34,351
5 years$35,704$33,999$32,381$30,845$29,388$25,267
6 years$29,455$27,762$26,168$24,667$23,254$19,324
7 years$24,993$23,315$21,746$20,280$18,912$15,173
8 years$21,648$19,985$18,442$17,013$15,689$12,140
9 years$19,048$17,401$15,884$14,491$13,212$9,851
10 years$16,969$15,338$13,848$12,491$11,258$8,079
11 years$15,269$13,654$12,192$10,871$9,682$6,681
12 years$13,853$12,255$10,820$9,536$8,390$5,562
13 years$12,657$11,075$9,667$8,418$7,316$4,655
14 years$11,632$10,067$8,686$7,473$6,414$3,913
15 years$10,744$9,197$7,842$6,665$5,647$3,301
16 years$9,968$8,438$7,110$5,967$4,991$2,793
17 years$9,285$7,771$6,470$5,362$4,425$2,369
18 years$8,677$7,181$5,906$4,832$3,935$2,013
19 years$8,135$6,655$5,407$4,366$3,507$1,714
20 years$7,647$6,184$4,962$3,954$3,133$1,462
21 years$7,206$5,760$4,564$3,589$2,803$1,248
22 years$6,806$5,377$4,207$3,263$2,513$1,066
23 years$6,441$5,029$3,884$2,972$2,256$912
24 years$6,108$4,712$3,592$2,710$2,027$781
25 years$5,801$4,422$3,327$2,475$1,824$669
26 years$5,518$4,156$3,086$2,263$1,643$573
27 years$5,257$3,911$2,865$2,072$1,482$491
28 years$5,015$3,685$2,664$1,898$1,337$422
29 years$4,790$3,477$2,479$1,741$1,207$362
30 years$4,580$3,283$2,309$1,597$1,091$310
31 years$4,384$3,104$2,152$1,467$986$267
32 years$4,201$2,937$2,008$1,348$892$229
33 years$4,029$2,781$1,875$1,240$807$197
34 years$3,868$2,636$1,752$1,141$731$169
35 years$3,716$2,500$1,638$1,050$662$145
36 years$3,574$2,373$1,532$967$600$125
37 years$3,439$2,254$1,434$891$544$107
38 years$3,311$2,142$1,343$821$493$92
39 years$3,190$2,037$1,258$757$447$79
40 years$3,076$1,938$1,179$699$405$68
41 years$2,968$1,845$1,106$644$368$58
42 years$2,865$1,757$1,037$595$334$50
43 years$2,767$1,674$973$549$303$43
44 years$2,673$1,596$914$507$275$37
45 years$2,584$1,522$858$468$250$32
46 years$2,500$1,451$806$432$227$27
47 years$2,419$1,385$757$400$206$24
48 years$2,341$1,322$711$369$187$20
49 years$2,268$1,263$669$341$170$17
50 years$2,197$1,206$629$315$154$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,250,000, adding $6,691 every year, while hoping to spend $47,716 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: 63/9/28 Blend
29$2,250,000$2,250,000$2,250,000$2,250,000
30$2,486,402$2,367,152$2,332,277$2,624,068
31$2,689,245$2,432,373$2,359,639$2,783,471
32$2,911,180$2,499,190$2,386,318$2,951,704
33$3,154,102$2,567,632$2,412,241$3,134,447
34$3,420,100$2,637,726$2,437,331$3,333,130
35$3,711,475$2,709,500$2,461,507$3,549,330
36$4,030,760$2,782,980$2,484,682$3,784,781
37$4,380,745$2,858,193$2,506,766$4,041,399
38$4,764,501$2,935,165$2,527,663$4,321,290
39$5,185,414$3,013,922$2,547,273$4,626,778
40$5,647,211$3,094,488$2,565,491$4,960,423
41$6,153,996$3,176,888$2,582,205$5,325,045
42$6,710,293$3,261,145$2,597,298$5,723,752
43$7,321,082$3,347,280$2,610,647$6,159,970
44$7,991,852$3,435,317$2,622,123$6,637,472
45$8,728,647$3,525,273$2,631,590$7,160,418
46$9,538,126$3,617,169$2,638,906$7,733,393
47$10,427,626$3,711,021$2,643,920$8,361,447
48$11,405,228$3,806,845$2,646,475$9,050,148
49$12,479,835$3,904,655$2,646,407$9,805,631
50$13,661,258$4,004,462$2,643,541$10,634,657
51$14,960,303$4,106,278$2,637,696$11,544,679
52$16,388,877$4,210,108$2,628,682$12,543,907
53$17,960,098$4,315,959$2,616,299$13,641,392
54$19,688,420$4,423,833$2,600,336$14,847,108
55$21,589,767$4,533,729$2,580,576$16,172,049
56$23,681,684$4,645,643$2,556,786$17,628,328
57$25,983,505$4,759,568$2,528,728$19,229,298
58$28,516,530$4,875,494$2,496,147$20,989,671
59$31,304,228$4,993,406$2,458,780$22,925,666
60$34,372,461$5,113,284$2,416,351$25,055,154
61$37,749,722$5,235,105$2,368,569$27,397,832
62$41,467,409$5,358,840$2,315,131$29,975,408
63$45,560,117$5,484,456$2,255,720$32,811,805
64$50,065,966$5,611,912$2,190,005$35,933,389
65$55,026,963$5,741,163$2,117,637$39,369,218
66$60,489,390$5,872,157$2,038,255$43,151,317
67$66,504,249$6,004,835$1,951,478$47,314,978
68$73,127,740$6,139,129$1,856,910$51,899,096
69$80,421,789$6,274,965$1,754,136$56,946,539
70$88,454,633$6,412,261$1,642,722$62,504,549
71$97,301,468$6,550,924$1,522,215$68,625,189
72$107,045,150$6,690,851$1,392,141$75,365,839
73$117,776,984$6,831,931$1,252,007$82,789,735
74$129,597,581$6,974,041$1,101,294$90,966,565
75$142,617,812$7,117,046$939,464$99,973,135
76$156,959,845$7,260,798$765,953$109,894,085
77$172,758,309$7,405,138$580,173$120,822,696
78$190,161,557$7,549,889$381,508$132,861,771
79$209,333,065$7,694,863$169,318$146,124,602
80$230,452,980$7,839,854$0$160,736,045
81$253,719,817$7,984,640$0$176,850,765
82$279,352,332$8,128,980$0$194,658,428
83$307,591,585$8,272,616$0$214,275,729
84$338,703,220$8,415,267$0$235,887,065
85$372,979,966$8,556,633$0$259,695,636
86$410,744,404$8,696,389$0$285,925,365
87$452,352,010$8,834,189$0$314,823,011
88$498,194,510$8,969,659$0$346,660,495
89$548,703,576$9,102,399$0$381,737,472
90$604,354,904$9,231,980$0$420,384,154
91$665,672,700$9,357,942$0$462,964,433
92$733,234,628$9,479,795$0$509,879,309
93$807,677,268$9,597,012$0$561,570,681
94$889,702,118$9,709,034$0$618,525,517
95$980,082,218$9,815,261$0$681,280,450
96$1,079,669,448$9,915,053$0$750,426,842
97$1,189,402,570$10,007,728$0$826,616,371
98$1,310,316,085$10,092,560$0$910,567,180
99$1,443,550,004$10,168,774$0$1,003,070,656
100$1,590,360,606$10,235,545$0$1,104,998,903