Can I retire at age 30 with 1,110,000?

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 $1,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$91,663$90,846$90,050$89,272$88,513$87,589
2 years$45,378$44,532$43,713$42,919$42,149$41,218
3 years$29,951$29,102$28,285$27,499$26,741$25,833
4 years$22,240$21,393$20,585$19,811$19,072$18,193
5 years$17,614$16,773$15,974$15,217$14,498$13,651
6 years$14,531$13,696$12,910$12,169$11,472$10,658
7 years$12,330$11,502$10,728$10,005$9,330$8,549
8 years$10,680$9,859$9,098$8,393$7,740$6,992
9 years$9,397$8,584$7,836$7,149$6,518$5,804
10 years$8,371$7,567$6,832$6,162$5,554$4,872
11 years$7,533$6,736$6,015$5,363$4,776$4,126
12 years$6,834$6,046$5,338$4,704$4,139$3,521
13 years$6,244$5,464$4,769$4,153$3,609$3,021
14 years$5,738$4,966$4,285$3,687$3,164$2,606
15 years$5,300$4,537$3,869$3,288$2,786$2,257
16 years$4,918$4,163$3,508$2,944$2,462$1,961
17 years$4,580$3,834$3,192$2,645$2,183$1,709
18 years$4,281$3,542$2,914$2,384$1,941$1,493
19 years$4,013$3,283$2,667$2,154$1,730$1,308
20 years$3,773$3,051$2,448$1,951$1,545$1,147
21 years$3,555$2,842$2,252$1,770$1,383$1,008
22 years$3,358$2,653$2,075$1,610$1,240$887
23 years$3,178$2,481$1,916$1,466$1,113$781
24 years$3,013$2,324$1,772$1,337$1,000$689
25 years$2,862$2,181$1,641$1,221$900$608
26 years$2,722$2,050$1,522$1,117$811$537
27 years$2,593$1,929$1,414$1,022$731$475
28 years$2,474$1,818$1,314$936$660$420
29 years$2,363$1,715$1,223$859$596$372
30 years$2,259$1,620$1,139$788$538$329
31 years$2,163$1,531$1,062$724$486$292
32 years$2,073$1,449$991$665$440$259
33 years$1,988$1,372$925$612$398$229
34 years$1,908$1,300$864$563$361$203
35 years$1,833$1,233$808$518$327$180
36 years$1,763$1,171$756$477$296$160
37 years$1,696$1,112$708$440$268$142
38 years$1,633$1,057$663$405$243$126
39 years$1,574$1,005$621$374$220$112
40 years$1,518$956$582$345$200$99
41 years$1,464$910$546$318$181$88
42 years$1,413$867$512$293$165$78
43 years$1,365$826$480$271$149$70
44 years$1,319$787$451$250$136$62
45 years$1,275$751$423$231$123$55
46 years$1,233$716$398$213$112$49
47 years$1,193$683$373$197$102$43
48 years$1,155$652$351$182$92$39
49 years$1,119$623$330$168$84$34
50 years$1,084$595$310$156$76$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,110,000, adding $2,828 every year, while hoping to spend $48,226 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: 60/10/30 Blend
29$1,110,000$1,110,000$1,110,000$1,110,000
30$1,226,137$1,167,307$1,150,102$1,289,539
31$1,299,891$1,173,193$1,137,318$1,339,089
32$1,379,551$1,177,751$1,122,490$1,387,764
33$1,465,670$1,180,865$1,105,498$1,439,891
34$1,558,853$1,182,412$1,086,217$1,495,818
35$1,659,767$1,182,261$1,064,516$1,555,933
36$1,769,144$1,180,273$1,040,258$1,620,663
37$1,887,790$1,176,299$1,013,300$1,690,480
38$2,016,591$1,170,184$983,492$1,765,908
39$2,156,521$1,161,762$950,677$1,847,526
40$2,308,653$1,150,855$914,691$1,935,971
41$2,474,165$1,137,277$875,363$2,031,953
42$2,654,356$1,120,829$832,514$2,136,252
43$2,850,653$1,101,302$785,956$2,249,733
44$3,064,627$1,078,473$735,492$2,373,350
45$3,298,007$1,052,107$680,920$2,508,160
46$3,552,697$1,021,953$622,024$2,655,327
47$3,830,792$987,748$558,581$2,816,140
48$4,134,597$949,213$490,358$2,992,024
49$4,466,652$906,050$417,111$3,184,549
50$4,829,752$857,948$338,586$3,395,453
51$5,226,975$804,575$254,516$3,626,654
52$5,661,708$745,582$164,625$3,880,269
53$6,137,684$680,597$68,622$4,158,638
54$6,659,013$609,231$0$4,464,343
55$7,230,217$531,069$0$4,811,064
56$7,856,283$445,674$0$5,215,265
57$8,542,697$352,586$0$5,658,537
58$9,295,506$251,316$0$6,144,824
59$10,121,367$141,350$0$6,678,474
60$11,027,614$22,143$0$7,264,279
61$12,022,324$0$0$7,907,518
62$13,114,397$0$0$8,625,771
63$14,313,634$0$0$9,417,274
64$15,630,833$0$0$10,286,729
65$17,077,888$0$0$11,241,997
66$18,667,902$0$0$12,291,743
67$20,415,313$0$0$13,445,510
68$22,336,023$0$0$14,713,810
69$24,447,553$0$0$16,108,229
70$26,769,207$0$0$17,641,527
71$29,322,251$0$0$19,327,765
72$32,130,118$0$0$21,182,433
73$35,218,622$0$0$23,222,599
74$38,616,208$0$0$25,467,068
75$42,354,214$0$0$27,936,559
76$46,467,170$0$0$30,653,902
77$50,993,121$0$0$33,644,250
78$55,973,988$0$0$36,935,319
79$61,455,960$0$0$40,557,646
80$67,489,931$0$0$44,544,881
81$74,131,978$0$0$48,934,100
82$81,443,894$0$0$53,766,157
83$89,493,765$0$0$59,086,068
84$98,356,614$0$0$64,943,436
85$108,115,109$0$0$71,392,920
86$118,860,345$0$0$78,494,747
87$130,692,695$0$0$86,315,282
88$143,722,766$0$0$94,927,655
89$158,072,436$0$0$104,412,449
90$173,876,005$0$0$114,858,460
91$191,281,464$0$0$126,363,536
92$210,451,888$0$0$139,035,500
93$231,566,977$0$0$152,993,165
94$254,824,748$0$0$168,367,457
95$280,443,406$0$0$185,302,650
96$308,663,404$0$0$203,957,727
97$339,749,707$0$0$224,507,879
98$373,994,296$0$0$247,146,160
99$411,718,921$0$0$272,085,308
100$453,278,140$0$0$299,559,752