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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.8%
1 years$94,966$94,120$93,295$92,489$91,703$89,888
2 years$47,013$46,137$45,289$44,466$43,668$41,847
3 years$31,031$30,151$29,305$28,490$27,705$25,935
4 years$23,041$22,164$21,326$20,525$19,759$18,054
5 years$18,248$17,377$16,550$15,765$15,021$13,385
6 years$15,055$14,190$13,375$12,608$11,885$10,320
7 years$12,774$11,916$11,115$10,365$9,666$8,173
8 years$11,064$10,215$9,426$8,695$8,019$6,597
9 years$9,735$8,894$8,119$7,407$6,753$5,401
10 years$8,673$7,839$7,078$6,384$5,754$4,471
11 years$7,804$6,979$6,231$5,556$4,949$3,733
12 years$7,081$6,264$5,530$4,874$4,288$3,138
13 years$6,469$5,661$4,941$4,303$3,739$2,653
14 years$5,945$5,145$4,439$3,820$3,278$2,253
15 years$5,491$4,700$4,008$3,406$2,886$1,920
16 years$5,095$4,313$3,634$3,050$2,551$1,642
17 years$4,745$3,972$3,307$2,740$2,262$1,408
18 years$4,435$3,670$3,019$2,470$2,011$1,210
19 years$4,158$3,401$2,763$2,232$1,792$1,042
20 years$3,908$3,161$2,536$2,021$1,601$898
21 years$3,683$2,944$2,333$1,834$1,433$776
22 years$3,479$2,748$2,150$1,668$1,284$671
23 years$3,292$2,570$1,985$1,519$1,153$581
24 years$3,122$2,408$1,836$1,385$1,036$503
25 years$2,965$2,260$1,700$1,265$932$436
26 years$2,820$2,124$1,577$1,157$840$378
27 years$2,687$1,999$1,464$1,059$757$328
28 years$2,563$1,884$1,361$970$683$285
29 years$2,448$1,777$1,267$890$617$248
30 years$2,341$1,678$1,180$816$557$215
31 years$2,241$1,586$1,100$750$504$187
32 years$2,147$1,501$1,026$689$456$163
33 years$2,059$1,422$958$634$413$141
34 years$1,977$1,347$895$583$374$123
35 years$1,900$1,278$837$537$338$107
36 years$1,826$1,213$783$494$307$93
37 years$1,758$1,152$733$455$278$81
38 years$1,692$1,095$686$420$252$71
39 years$1,631$1,041$643$387$228$61
40 years$1,572$990$603$357$207$53
41 years$1,517$943$565$329$188$47
42 years$1,464$898$530$304$171$41
43 years$1,414$856$498$281$155$35
44 years$1,366$816$467$259$141$31
45 years$1,321$778$439$239$128$27
46 years$1,278$742$412$221$116$23
47 years$1,236$708$387$204$105$20
48 years$1,197$676$364$189$96$18
49 years$1,159$645$342$174$87$15
50 years$1,123$617$321$161$79$13

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 $4,038 every year, while hoping to spend $47,478 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: 66/27/7 Blend
29$1,150,000$1,150,000$1,150,000$1,150,000
30$1,271,465$1,210,515$1,192,690$1,353,556
31$1,350,638$1,219,314$1,182,129$1,417,401
32$1,436,296$1,226,953$1,169,623$1,481,093
33$1,529,049$1,233,325$1,155,056$1,549,441
34$1,629,570$1,238,316$1,138,309$1,622,894
35$1,738,598$1,241,805$1,119,254$1,701,947
36$1,856,945$1,243,664$1,097,759$1,787,144
37$1,985,506$1,243,755$1,073,686$1,879,087
38$2,125,263$1,241,934$1,046,890$1,978,439
39$2,277,298$1,238,047$1,017,219$2,085,934
40$2,442,801$1,231,931$984,514$2,202,378
41$2,623,082$1,223,410$948,611$2,328,664
42$2,819,582$1,212,303$909,335$2,465,775
43$3,033,886$1,198,413$866,505$2,614,795
44$3,267,741$1,181,534$819,931$2,776,924
45$3,523,068$1,161,446$769,415$2,953,481
46$3,801,981$1,137,917$714,751$3,145,926
47$4,106,810$1,110,702$655,722$3,355,865
48$4,440,117$1,079,539$592,102$3,585,074
49$4,804,726$1,044,153$523,654$3,835,511
50$5,203,744$1,004,253$450,133$4,109,335
51$5,640,594$959,529$371,280$4,408,931
52$6,119,043$909,655$286,826$4,736,926
53$6,643,242$854,284$196,492$5,096,222
54$7,217,761$793,053$99,983$5,490,017
55$7,847,634$725,573$0$5,921,843
56$8,538,404$651,438$0$6,395,816
57$9,296,177$570,214$0$6,923,991
58$10,127,679$481,447$0$7,503,655
59$11,040,319$384,654$0$8,140,060
60$12,042,255$279,325$0$8,838,996
61$13,142,477$164,925$0$9,606,849
62$14,350,887$40,883$0$10,450,660
63$15,678,393$0$0$11,378,194
64$17,137,012$0$0$12,425,759
65$18,739,981$0$0$13,590,423
66$20,501,886$0$0$14,870,646
67$22,438,794$0$0$16,278,113
68$24,568,406$0$0$17,825,697
69$26,910,225$0$0$19,527,583
70$29,485,740$0$0$21,399,395
71$32,318,622$0$0$23,458,353
72$35,434,957$0$0$25,723,426
73$38,863,483$0$0$28,215,514
74$42,635,865$0$0$30,957,646
75$46,786,991$0$0$33,975,196
76$51,355,303$0$0$37,296,123
77$56,383,159$0$0$40,951,231
78$61,917,228$0$0$44,974,463
79$68,008,937$0$0$49,403,221
80$74,714,949$0$0$54,278,715
81$82,097,701$0$0$59,646,355
82$90,225,991$0$0$65,556,177
83$99,175,628$0$0$72,063,317
84$109,030,145$0$0$79,228,527
85$119,881,589$0$0$87,118,755
86$131,831,387$0$0$95,807,766
87$144,991,304$0$0$105,376,847
88$159,484,495$0$0$115,915,571
89$175,446,670$0$0$127,522,638
90$193,027,371$0$0$140,306,812
91$212,391,387$0$0$154,387,943
92$233,720,301$0$0$169,898,099
93$257,214,212$0$0$186,982,813
94$283,093,616$0$0$205,802,454
95$311,601,492$0$0$226,533,740
96$343,005,590$0$0$249,371,410
97$377,600,959$0$0$274,530,056
98$415,712,732$0$0$302,246,151
99$457,699,196$0$0$332,780,280
100$503,955,167$0$0$366,419,598