Can I retire at age 30 with 2,290,000?

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 $2,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$189,106$187,422$185,778$184,174$182,608$180,776
2 years$93,617$91,873$90,184$88,545$86,956$85,111
3 years$61,791$60,040$58,355$56,732$55,169$53,368
4 years$45,882$44,136$42,467$40,872$39,347$37,604
5 years$36,338$34,603$32,956$31,394$29,911$28,231
6 years$29,978$28,256$26,634$25,106$23,667$22,052
7 years$25,437$23,729$22,133$20,641$19,248$17,699
8 years$22,033$20,340$18,770$17,315$15,968$14,485
9 years$19,386$17,710$16,167$14,749$13,447$12,029
10 years$17,270$15,611$14,095$12,713$11,458$10,104
11 years$15,540$13,897$12,409$11,065$9,854$8,563
12 years$14,100$12,473$11,012$9,705$8,539$7,311
13 years$12,882$11,272$9,839$8,568$7,446$6,278
14 years$11,838$10,246$8,840$7,606$6,528$5,418
15 years$10,935$9,360$7,982$6,783$5,747$4,695
16 years$10,146$8,588$7,236$6,073$5,080$4,083
17 years$9,450$7,909$6,585$5,457$4,504$3,561
18 years$8,832$7,308$6,011$4,918$4,005$3,114
19 years$8,279$6,773$5,503$4,444$3,569$2,728
20 years$7,783$6,294$5,050$4,025$3,188$2,395
21 years$7,334$5,863$4,645$3,653$2,853$2,106
22 years$6,927$5,472$4,281$3,321$2,557$1,854
23 years$6,556$5,118$3,953$3,025$2,296$1,635
24 years$6,216$4,796$3,656$2,759$2,063$1,443
25 years$5,904$4,500$3,386$2,519$1,857$1,275
26 years$5,616$4,230$3,140$2,303$1,673$1,127
27 years$5,350$3,981$2,916$2,108$1,508$997
28 years$5,104$3,751$2,711$1,932$1,361$883
29 years$4,875$3,539$2,523$1,771$1,229$782
30 years$4,661$3,342$2,350$1,626$1,110$693
31 years$4,462$3,159$2,191$1,493$1,004$615
32 years$4,276$2,989$2,044$1,372$908$545
33 years$4,101$2,831$1,908$1,262$822$484
34 years$3,937$2,683$1,783$1,161$744$429
35 years$3,783$2,545$1,667$1,069$674$381
36 years$3,637$2,415$1,560$984$610$338
37 years$3,500$2,294$1,460$907$553$301
38 years$3,370$2,180$1,367$836$502$267
39 years$3,247$2,073$1,281$771$455$237
40 years$3,131$1,972$1,200$711$413$211
41 years$3,020$1,877$1,126$656$374$187
42 years$2,916$1,788$1,056$605$340$167
43 years$2,816$1,704$991$559$308$148
44 years$2,721$1,624$930$516$280$132
45 years$2,630$1,549$873$477$254$117
46 years$2,544$1,477$820$440$231$104
47 years$2,462$1,410$771$407$209$93
48 years$2,383$1,346$724$376$190$82
49 years$2,308$1,285$681$347$173$73
50 years$2,236$1,228$640$321$157$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,290,000, adding $2,123 every year, while hoping to spend $56,669 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: 43/42/15 Blend
29$2,290,000$2,290,000$2,290,000$2,290,000
30$2,525,770$2,404,400$2,368,905$2,623,279
31$2,723,103$2,461,920$2,387,968$2,749,425
32$2,938,665$2,520,359$2,405,770$2,880,211
33$3,174,255$2,579,703$2,422,210$3,020,678
34$3,431,854$2,639,934$2,437,179$3,171,741
35$3,713,644$2,701,032$2,450,565$3,334,408
36$4,022,027$2,762,973$2,462,250$3,509,789
37$4,359,646$2,825,731$2,472,108$3,699,106
38$4,729,415$2,889,277$2,480,009$3,903,706
39$5,134,540$2,953,577$2,485,814$4,125,072
40$5,578,555$3,018,593$2,489,380$4,364,839
41$6,065,347$3,084,285$2,490,554$4,624,809
42$6,599,203$3,150,605$2,489,178$4,906,968
43$7,184,841$3,217,503$2,485,085$5,213,503
44$7,827,458$3,284,924$2,478,098$5,546,826
45$8,532,779$3,352,806$2,468,035$5,909,595
46$9,307,111$3,421,082$2,454,703$6,304,738
47$10,157,401$3,489,680$2,437,900$6,735,484
48$11,091,300$3,558,519$2,417,414$7,205,391
49$12,117,240$3,627,513$2,393,024$7,718,383
50$13,244,506$3,696,568$2,364,498$8,278,782
51$14,483,329$3,765,584$2,331,592$8,891,354
52$15,844,980$3,834,450$2,294,053$9,561,353
53$17,341,878$3,903,047$2,251,613$10,294,569
54$18,987,701$3,971,248$2,203,993$11,097,386
55$20,797,522$4,038,914$2,150,902$11,976,839
56$22,787,946$4,105,898$2,092,035$12,940,685
57$24,977,270$4,172,041$2,027,071$13,997,475
58$27,385,651$4,237,170$1,955,678$15,156,632
59$30,035,298$4,301,103$1,877,504$16,428,548
60$32,950,684$4,363,642$1,792,186$17,824,674
61$36,158,770$4,424,577$1,699,340$19,357,635
62$39,689,265$4,483,681$1,598,569$21,041,348
63$43,574,903$4,540,715$1,489,454$22,891,154
64$47,851,752$4,595,419$1,371,559$24,923,963
65$52,559,555$4,647,518$1,244,430$27,158,415
66$57,742,101$4,696,718$1,107,590$29,615,058
67$63,447,643$4,742,705$960,543$32,316,542
68$69,729,350$4,785,145$802,768$35,287,833
69$76,645,808$4,823,681$633,725$38,556,454
70$84,261,572$4,857,933$452,846$42,152,738
71$92,647,777$4,887,497$259,542$46,110,126
72$101,882,809$4,911,943$53,195$50,465,476
73$112,053,040$4,930,812$0$55,259,415
74$123,253,648$4,943,620$0$60,563,457
75$135,589,510$4,949,847$0$66,411,056
76$149,176,196$4,948,945$0$72,848,209
77$164,141,055$4,940,331$0$79,935,006
78$180,624,420$4,923,384$0$87,737,670
79$198,780,928$4,897,448$0$96,329,188
80$218,780,985$4,861,825$0$105,790,000
81$240,812,366$4,815,775$0$116,208,759
82$265,081,993$4,758,513$0$127,683,170
83$291,817,885$4,689,209$0$140,320,915
84$321,271,310$4,606,982$0$154,240,672
85$353,719,157$4,510,897$0$169,573,235
86$389,466,546$4,399,966$0$186,462,752
87$428,849,712$4,273,143$0$205,068,088
88$472,239,175$4,129,319$0$225,564,330
89$520,043,237$3,967,322$0$248,144,439
90$572,711,837$3,785,910$0$273,021,073
91$630,740,796$3,583,771$0$300,428,604
92$694,676,498$3,359,517$0$330,625,329
93$765,121,046$3,111,678$0$363,895,912
94$842,737,945$2,838,704$0$400,554,077
95$928,258,367$2,538,951$0$440,945,573
96$1,022,488,048$2,210,687$0$485,451,440
97$1,126,314,897$1,852,079$0$534,491,616
98$1,240,717,376$1,461,191$0$588,528,899
99$1,366,773,737$1,035,978$0$648,073,327
100$1,505,672,197$574,280$0$713,686,997