Can I retire at age 30 with 1,100,000?

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 $1,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$90,837$90,028$89,238$88,468$87,716$84,738
2 years$44,969$44,131$43,320$42,533$41,769$38,800
3 years$29,681$28,840$28,031$27,251$26,500$23,631
4 years$22,039$21,201$20,399$19,633$18,900$16,154
5 years$17,455$16,622$15,831$15,080$14,368$11,751
6 years$14,400$13,573$12,793$12,060$11,369$8,885
7 years$12,219$11,398$10,631$9,915$9,246$6,893
8 years$10,583$9,771$9,016$8,317$7,670$5,448
9 years$9,312$8,507$7,766$7,084$6,459$4,364
10 years$8,296$7,499$6,770$6,107$5,504$3,532
11 years$7,465$6,675$5,960$5,315$4,733$2,882
12 years$6,773$5,992$5,290$4,662$4,102$2,366
13 years$6,188$5,415$4,726$4,116$3,577$1,952
14 years$5,687$4,922$4,246$3,653$3,135$1,617
15 years$5,253$4,496$3,834$3,258$2,761$1,344
16 years$4,873$4,125$3,476$2,917$2,440$1,120
17 years$4,539$3,799$3,163$2,621$2,163$936
18 years$4,242$3,510$2,887$2,362$1,924$783
19 years$3,977$3,253$2,643$2,135$1,715$656
20 years$3,739$3,023$2,426$1,933$1,531$551
21 years$3,523$2,816$2,231$1,755$1,371$463
22 years$3,327$2,629$2,057$1,595$1,228$389
23 years$3,149$2,459$1,899$1,453$1,103$327
24 years$2,986$2,304$1,756$1,325$991$275
25 years$2,836$2,162$1,627$1,210$892$232
26 years$2,698$2,032$1,509$1,106$803$196
27 years$2,570$1,912$1,401$1,013$724$165
28 years$2,452$1,802$1,302$928$654$139
29 years$2,342$1,700$1,212$851$590$117
30 years$2,239$1,605$1,129$781$533$99
31 years$2,143$1,517$1,052$717$482$83
32 years$2,054$1,436$982$659$436$70
33 years$1,970$1,360$917$606$395$59
34 years$1,891$1,289$857$558$357$50
35 years$1,817$1,222$801$513$324$42
36 years$1,747$1,160$749$473$293$36
37 years$1,681$1,102$701$436$266$30
38 years$1,619$1,047$657$402$241$25
39 years$1,560$996$615$370$218$22
40 years$1,504$947$577$342$198$18
41 years$1,451$902$541$315$180$15
42 years$1,400$859$507$291$163$13
43 years$1,353$818$476$268$148$11
44 years$1,307$780$447$248$134$9
45 years$1,264$744$419$229$122$8
46 years$1,222$710$394$211$111$7
47 years$1,183$677$370$195$101$6
48 years$1,145$646$348$180$91$5
49 years$1,109$617$327$167$83$4
50 years$1,074$590$307$154$75$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,100,000, adding $3,152 every year, while hoping to spend $43,603 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: 68/15/17 Blend
29$1,100,000$1,100,000$1,100,000$1,100,000
30$1,215,451$1,157,151$1,140,101$1,292,931
31$1,293,034$1,167,458$1,131,901$1,355,340
32$1,377,069$1,176,809$1,121,965$1,418,158
33$1,468,168$1,185,111$1,110,189$1,485,786
34$1,567,004$1,192,264$1,096,464$1,558,692
35$1,674,318$1,198,164$1,080,674$1,637,395
36$1,790,923$1,202,699$1,062,702$1,722,466
37$1,917,715$1,205,750$1,042,420$1,814,537
38$2,055,680$1,207,189$1,019,699$1,914,302
39$2,205,901$1,206,884$994,402$2,022,529
40$2,369,573$1,204,690$966,383$2,140,064
41$2,548,007$1,200,458$935,495$2,267,841
42$2,742,648$1,194,025$901,578$2,406,891
43$2,955,087$1,185,221$864,470$2,558,348
44$3,187,075$1,173,866$823,999$2,723,468
45$3,440,538$1,159,767$779,984$2,903,632
46$3,717,598$1,142,721$732,239$3,100,365
47$4,020,592$1,122,513$680,568$3,315,350
48$4,352,091$1,098,914$624,766$3,550,442
49$4,714,927$1,071,684$564,618$3,807,688
50$5,112,218$1,040,565$499,901$4,089,346
51$5,547,398$1,005,286$430,381$4,397,904
52$6,024,249$965,562$355,816$4,736,110
53$6,546,936$921,088$275,949$5,106,992
54$7,120,046$871,544$190,516$5,513,890
55$7,748,631$816,590$99,238$5,960,488
56$8,438,255$755,866$1,827$6,450,848
57$9,195,047$688,994$0$6,989,452
58$10,025,760$615,573$0$7,599,765
59$10,937,828$535,177$0$8,270,267
60$11,939,445$447,359$0$9,006,696
61$13,039,635$351,646$0$9,815,738
62$14,248,339$247,537$0$10,704,765
63$15,576,508$134,505$0$11,681,900
64$17,036,208$11,992$0$12,756,096
65$18,640,730$0$0$13,937,219
66$20,404,719$0$0$15,256,051
67$22,344,308$0$0$16,708,417
68$24,477,271$0$0$18,305,656
69$26,823,193$0$0$20,062,442
70$29,403,650$0$0$21,994,943
71$32,242,415$0$0$24,120,972
72$35,365,682$0$0$26,460,156
73$38,802,309$0$0$29,034,121
74$42,584,096$0$0$31,866,694
75$46,746,080$0$0$34,984,128
76$51,326,866$0$0$38,415,352
77$56,368,992$0$0$42,192,241
78$61,919,329$0$0$46,349,915
79$68,029,522$0$0$50,927,076
80$74,756,479$0$0$55,966,365
81$82,162,905$0$0$61,514,771
82$90,317,897$0$0$67,624,069
83$99,297,592$0$0$74,351,311
84$109,185,883$0$0$81,759,364
85$120,075,219$0$0$89,917,502
86$132,067,467$0$0$98,902,058
87$145,274,878$0$0$108,797,147
88$159,821,146$0$0$119,695,458
89$175,842,573$0$0$131,699,128
90$193,489,354$0$0$144,920,707
91$212,926,999$0$0$159,484,218
92$234,337,888$0$0$175,526,326
93$257,922,996$0$0$193,197,634
94$283,903,788$0$0$212,664,095
95$312,524,310$0$0$234,108,585
96$344,053,488$0$0$257,732,624
97$378,787,672$0$0$283,758,282
98$417,053,424$0$0$312,430,269
99$459,210,610$0$0$344,018,252
100$505,655,788$0$0$378,819,393