Can I retire at age 30 with 2,260,000?

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 $2,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$186,629$184,966$183,344$181,761$180,216$177,964
2 years$92,390$90,670$89,002$87,385$85,817$83,551
3 years$60,982$59,254$57,590$55,989$54,446$52,236
4 years$45,281$43,558$41,911$40,337$38,831$36,695
5 years$35,862$34,150$32,525$30,982$29,519$27,462
6 years$29,585$27,886$26,285$24,777$23,357$21,383
7 years$25,104$23,419$21,843$20,370$18,996$17,104
8 years$21,744$20,074$18,524$17,088$15,759$13,950
9 years$19,132$17,478$15,955$14,555$13,271$11,544
10 years$17,044$15,406$13,910$12,547$11,308$9,662
11 years$15,337$13,715$12,246$10,920$9,725$8,158
12 years$13,915$12,310$10,868$9,578$8,427$6,938
13 years$12,713$11,125$9,710$8,456$7,349$5,935
14 years$11,683$10,112$8,724$7,506$6,442$5,102
15 years$10,792$9,237$7,877$6,694$5,672$4,403
16 years$10,013$8,475$7,142$5,994$5,013$3,813
17 years$9,326$7,805$6,499$5,385$4,445$3,312
18 years$8,716$7,212$5,932$4,853$3,952$2,883
19 years$8,171$6,684$5,431$4,385$3,523$2,515
20 years$7,681$6,211$4,984$3,972$3,146$2,199
21 years$7,238$5,786$4,584$3,605$2,816$1,925
22 years$6,836$5,401$4,225$3,278$2,524$1,687
23 years$6,470$5,051$3,901$2,985$2,266$1,481
24 years$6,135$4,733$3,608$2,722$2,036$1,301
25 years$5,827$4,441$3,342$2,486$1,832$1,144
26 years$5,543$4,174$3,099$2,273$1,651$1,006
27 years$5,280$3,928$2,878$2,081$1,488$886
28 years$5,037$3,702$2,675$1,906$1,343$781
29 years$4,811$3,492$2,490$1,748$1,213$688
30 years$4,600$3,298$2,319$1,604$1,096$607
31 years$4,404$3,118$2,162$1,474$991$536
32 years$4,220$2,950$2,017$1,354$896$473
33 years$4,047$2,794$1,883$1,245$811$417
34 years$3,885$2,648$1,760$1,146$734$369
35 years$3,733$2,511$1,645$1,055$665$326
36 years$3,589$2,384$1,539$971$602$288
37 years$3,454$2,264$1,441$895$546$254
38 years$3,326$2,152$1,349$825$495$225
39 years$3,205$2,046$1,264$761$449$199
40 years$3,090$1,946$1,185$702$407$176
41 years$2,981$1,853$1,111$647$369$155
42 years$2,877$1,765$1,042$597$335$137
43 years$2,779$1,681$978$551$304$121
44 years$2,685$1,603$918$509$276$107
45 years$2,596$1,528$862$470$251$95
46 years$2,511$1,458$809$434$228$84
47 years$2,430$1,391$760$401$207$74
48 years$2,352$1,328$715$371$188$66
49 years$2,278$1,268$672$343$170$58
50 years$2,207$1,212$631$317$155$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,260,000, adding $2,491 every year, while hoping to spend $26,188 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: 48/45/7 Blend
29$2,260,000$2,260,000$2,260,000$2,260,000
30$2,493,089$2,373,309$2,338,279$2,608,040
31$2,719,521$2,461,738$2,388,748$2,775,439
32$2,968,170$2,553,621$2,440,030$2,954,113
33$3,241,277$2,649,102$2,492,124$3,147,482
34$3,541,306$2,748,327$2,545,029$3,356,921
35$3,870,975$2,851,451$2,598,743$3,583,939
36$4,233,277$2,958,635$2,653,264$3,830,195
37$4,631,509$3,070,045$2,708,585$4,097,512
38$5,069,303$3,185,857$2,764,703$4,387,894
39$5,550,661$3,306,254$2,821,610$4,703,544
40$6,079,994$3,431,425$2,879,299$5,046,883
41$6,662,157$3,561,569$2,937,760$5,420,573
42$7,302,505$3,696,894$2,996,982$5,827,543
43$8,006,933$3,837,615$3,056,954$6,271,014
44$8,781,940$3,983,957$3,117,662$6,754,528
45$9,634,684$4,136,157$3,179,089$7,281,982
46$10,573,053$4,294,460$3,241,220$7,857,663
47$11,605,738$4,459,122$3,304,034$8,486,287
48$12,742,315$4,630,411$3,367,511$9,173,046
49$13,993,336$4,808,605$3,431,627$9,923,650
50$15,370,427$4,993,998$3,496,358$10,744,386
51$16,886,399$5,186,892$3,561,674$11,642,172
52$18,555,368$5,387,607$3,627,547$12,624,622
53$20,392,888$5,596,472$3,693,943$13,700,119
54$22,416,100$5,813,836$3,760,826$14,877,890
55$24,643,887$6,040,059$3,828,159$16,168,091
56$27,097,061$6,275,520$3,895,900$17,581,908
57$29,798,554$6,520,612$3,964,005$19,131,652
58$32,773,632$6,775,749$4,032,425$20,830,880
59$36,050,141$7,041,359$4,101,110$22,694,521
60$39,658,762$7,317,892$4,170,004$24,739,013
61$43,633,305$7,605,817$4,239,048$26,982,455
62$48,011,025$7,905,626$4,308,180$29,444,784
63$52,832,978$8,217,830$4,377,332$32,147,951
64$58,144,402$8,542,963$4,446,432$35,116,134
65$63,995,148$8,881,586$4,515,405$38,375,960
66$70,440,151$9,234,282$4,584,169$41,956,759
67$77,539,946$9,601,661$4,652,638$45,890,832
68$85,361,239$9,984,361$4,720,720$50,213,759
69$93,977,539$10,383,048$4,788,318$54,964,730
70$103,469,850$10,798,419$4,855,328$60,186,915
71$113,927,433$11,231,201$4,921,641$65,927,867
72$125,448,656$11,682,154$4,987,140$72,239,966
73$138,141,913$12,152,074$5,051,704$79,180,918
74$152,126,654$12,641,791$5,115,201$86,814,287
75$167,534,507$13,152,173$5,177,495$95,210,102
76$184,510,526$13,684,129$5,238,440$104,445,508
77$203,214,554$14,238,606$5,297,883$114,605,493
78$223,822,739$14,816,598$5,355,662$125,783,687
79$246,529,187$15,419,140$5,411,606$138,083,244
80$271,547,805$16,047,318$5,465,534$151,617,810
81$299,114,309$16,702,265$5,517,258$166,512,592
82$329,488,458$17,385,166$5,566,576$182,905,537
83$362,956,502$18,097,260$5,613,278$200,948,629
84$399,833,884$18,839,844$5,657,141$220,809,322
85$440,468,216$19,614,273$5,697,931$242,672,112
86$485,242,566$20,421,964$5,735,404$266,740,277
87$534,579,068$21,264,400$5,769,299$293,237,791
88$588,942,907$22,143,131$5,799,346$322,411,432
89$648,846,717$23,059,777$5,825,257$354,533,106
90$714,855,412$24,016,036$5,846,733$389,902,410
91$787,591,523$25,013,681$5,863,458$428,849,453
92$867,741,075$26,054,568$5,875,100$471,737,966
93$956,060,060$27,140,637$5,881,311$518,968,732
94$1,053,381,577$28,273,919$5,881,726$570,983,359
95$1,160,623,696$29,456,540$5,875,962$628,268,443
96$1,278,798,123$30,690,720$5,863,617$691,360,158
97$1,409,019,753$31,978,786$5,844,269$760,849,306
98$1,552,517,191$33,323,170$5,817,475$837,386,888
99$1,710,644,357$34,726,418$5,782,773$921,690,240
100$1,884,893,261$36,191,193$5,739,676$1,014,549,801