Can I retire at age 30 with 1,150,000?

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 $1,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$94,966$94,120$93,295$92,489$91,703$88,945
2 years$47,013$46,137$45,289$44,466$43,668$40,913
3 years$31,031$30,151$29,305$28,490$27,705$25,039
4 years$23,041$22,164$21,326$20,525$19,759$17,203
5 years$18,248$17,377$16,550$15,765$15,021$12,581
6 years$15,055$14,190$13,375$12,608$11,885$9,564
7 years$12,774$11,916$11,115$10,365$9,666$7,463
8 years$11,064$10,215$9,426$8,695$8,019$5,933
9 years$9,735$8,894$8,119$7,407$6,753$4,782
10 years$8,673$7,839$7,078$6,384$5,754$3,895
11 years$7,804$6,979$6,231$5,556$4,949$3,198
12 years$7,081$6,264$5,530$4,874$4,288$2,643
13 years$6,469$5,661$4,941$4,303$3,739$2,196
14 years$5,945$5,145$4,439$3,820$3,278$1,832
15 years$5,491$4,700$4,008$3,406$2,886$1,533
16 years$5,095$4,313$3,634$3,050$2,551$1,287
17 years$4,745$3,972$3,307$2,740$2,262$1,083
18 years$4,435$3,670$3,019$2,470$2,011$913
19 years$4,158$3,401$2,763$2,232$1,792$771
20 years$3,908$3,161$2,536$2,021$1,601$652
21 years$3,683$2,944$2,333$1,834$1,433$552
22 years$3,479$2,748$2,150$1,668$1,284$468
23 years$3,292$2,570$1,985$1,519$1,153$397
24 years$3,122$2,408$1,836$1,385$1,036$336
25 years$2,965$2,260$1,700$1,265$932$286
26 years$2,820$2,124$1,577$1,157$840$243
27 years$2,687$1,999$1,464$1,059$757$206
28 years$2,563$1,884$1,361$970$683$175
29 years$2,448$1,777$1,267$890$617$149
30 years$2,341$1,678$1,180$816$557$127
31 years$2,241$1,586$1,100$750$504$108
32 years$2,147$1,501$1,026$689$456$92
33 years$2,059$1,422$958$634$413$78
34 years$1,977$1,347$895$583$374$66
35 years$1,900$1,278$837$537$338$57
36 years$1,826$1,213$783$494$307$48
37 years$1,758$1,152$733$455$278$41
38 years$1,692$1,095$686$420$252$35
39 years$1,631$1,041$643$387$228$30
40 years$1,572$990$603$357$207$25
41 years$1,517$943$565$329$188$22
42 years$1,464$898$530$304$171$18
43 years$1,414$856$498$281$155$16
44 years$1,366$816$467$259$141$13
45 years$1,321$778$439$239$128$11
46 years$1,278$742$412$221$116$10
47 years$1,236$708$387$204$105$8
48 years$1,197$676$364$189$96$7
49 years$1,159$645$342$174$87$6
50 years$1,123$617$321$161$79$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,150,000, adding $6,429 every year, while hoping to spend $34,556 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: 70/18/12 Blend
29$1,150,000$1,150,000$1,150,000$1,150,000
30$1,273,932$1,212,982$1,195,157$1,359,411
31$1,367,105$1,235,650$1,198,427$1,439,627
32$1,468,624$1,258,272$1,200,649$1,522,583
33$1,579,304$1,280,807$1,201,750$1,612,454
34$1,700,041$1,303,214$1,201,657$1,709,913
35$1,831,821$1,325,448$1,200,289$1,815,704
36$1,975,732$1,347,460$1,197,564$1,930,646
37$2,132,970$1,369,199$1,193,395$2,055,641
38$2,304,851$1,390,607$1,187,691$2,191,682
39$2,492,824$1,411,626$1,180,358$2,339,865
40$2,698,487$1,432,190$1,171,294$2,501,397
41$2,923,596$1,452,231$1,160,396$2,677,608
42$3,170,087$1,471,674$1,147,554$2,869,963
43$3,440,091$1,490,441$1,132,652$3,080,077
44$3,735,955$1,508,448$1,115,570$3,309,729
45$4,060,264$1,525,603$1,096,184$3,560,882
46$4,415,864$1,541,811$1,074,359$3,835,697
47$4,805,892$1,556,970$1,049,960$4,136,555
48$5,233,800$1,570,968$1,022,840$4,466,084
49$5,703,392$1,583,690$992,850$4,827,176
50$6,218,859$1,595,012$959,832$5,223,020
51$6,784,816$1,604,801$923,619$5,657,132
52$7,406,347$1,612,915$884,040$6,133,386
53$8,089,052$1,619,206$840,913$6,656,051
54$8,839,102$1,623,514$794,050$7,229,834
55$9,663,293$1,625,669$743,254$7,859,922
56$10,569,114$1,625,492$688,318$8,552,031
57$11,564,814$1,622,791$629,027$9,312,462
58$12,659,482$1,617,364$565,156$10,148,161
59$13,863,130$1,608,996$496,469$11,066,782
60$15,186,789$1,597,457$422,721$12,076,761
61$16,642,615$1,582,506$343,656$13,187,396
62$18,243,999$1,563,886$259,006$14,408,937
63$20,005,695$1,541,324$168,490$15,752,678
64$21,943,959$1,514,532$71,818$17,231,070
65$24,076,703$1,483,205$0$18,857,834
66$26,423,663$1,447,018$0$20,652,109
67$29,006,583$1,405,628$0$22,636,622
68$31,849,424$1,358,673$0$24,820,582
69$34,978,586$1,305,769$0$27,224,283
70$38,423,158$1,246,509$0$29,870,088
71$42,215,195$1,180,463$0$32,782,640
72$46,390,016$1,107,176$0$35,989,099
73$50,986,537$1,026,167$0$39,519,395
74$56,047,643$936,929$0$43,406,513
75$61,620,587$838,922$0$47,686,801
76$67,757,438$731,581$0$52,400,320
77$74,515,572$614,303$0$57,591,213
78$81,958,211$486,455$0$63,308,134
79$90,155,025$347,367$0$69,604,695
80$99,182,781$196,332$0$76,539,984
81$109,126,075$32,603$0$84,179,115
82$120,078,125$0$0$92,593,847
83$132,141,650$0$0$101,891,905
84$145,429,846$0$0$112,141,091
85$160,067,444$0$0$123,431,165
86$176,191,896$0$0$135,868,154
87$193,954,665$0$0$149,568,896
88$213,522,660$0$0$164,662,143
89$235,079,805$0$0$181,289,774
90$258,828,781$0$0$199,608,135
91$284,992,934$0$0$219,789,512
92$313,818,384$0$0$242,023,762
93$345,576,350$0$0$266,520,101
94$380,565,706$0$0$293,509,079
95$419,115,804$0$0$323,244,757
96$461,589,582$0$0$356,007,102
97$508,386,990$0$0$392,104,635
98$559,948,766$0$0$431,877,339
99$616,760,591$0$0$475,699,866
100$679,357,679$0$0$523,985,078