Can I retire at age 30 with 1,270,000?

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$104,875$103,941$103,030$102,140$101,272$100,633
2 years$51,919$50,952$50,014$49,106$48,225$47,581
3 years$34,269$33,297$32,363$31,463$30,596$29,966
4 years$25,445$24,477$23,552$22,667$21,821$21,211
5 years$20,153$19,190$18,277$17,410$16,588$15,999
6 years$16,625$15,670$14,771$13,923$13,126$12,558
7 years$14,107$13,160$12,274$11,447$10,675$10,129
8 years$12,219$11,281$10,410$9,603$8,856$8,332
9 years$10,751$9,822$8,966$8,179$7,458$6,956
10 years$9,578$8,657$7,817$7,051$6,354$5,875
11 years$8,618$7,707$6,882$6,136$5,465$5,007
12 years$7,819$6,918$6,107$5,382$4,736$4,298
13 years$7,144$6,251$5,456$4,752$4,130$3,713
14 years$6,565$5,682$4,903$4,218$3,620$3,223
15 years$6,064$5,191$4,426$3,762$3,187$2,810
16 years$5,627$4,763$4,013$3,368$2,817$2,459
17 years$5,241$4,386$3,652$3,026$2,498$2,158
18 years$4,898$4,053$3,334$2,727$2,221$1,899
19 years$4,592$3,756$3,052$2,464$1,980$1,675
20 years$4,316$3,491$2,801$2,232$1,768$1,480
21 years$4,068$3,251$2,576$2,026$1,582$1,310
22 years$3,842$3,035$2,374$1,842$1,418$1,161
23 years$3,636$2,839$2,192$1,677$1,273$1,031
24 years$3,447$2,660$2,028$1,530$1,144$916
25 years$3,274$2,496$1,878$1,397$1,030$815
26 years$3,115$2,346$1,742$1,277$928$726
27 years$2,967$2,208$1,617$1,169$836$647
28 years$2,831$2,080$1,503$1,071$755$577
29 years$2,704$1,962$1,399$982$681$514
30 years$2,585$1,853$1,303$902$616$459
31 years$2,475$1,752$1,215$828$557$410
32 years$2,371$1,658$1,134$761$503$367
33 years$2,274$1,570$1,058$700$456$328
34 years$2,183$1,488$989$644$413$293
35 years$2,098$1,411$925$593$374$262
36 years$2,017$1,339$865$546$339$235
37 years$1,941$1,272$810$503$307$210
38 years$1,869$1,209$758$464$278$188
39 years$1,801$1,150$710$427$252$168
40 years$1,736$1,094$666$394$229$151
41 years$1,675$1,041$624$364$208$135
42 years$1,617$992$586$336$188$121
43 years$1,562$945$549$310$171$108
44 years$1,509$901$516$286$155$97
45 years$1,459$859$484$264$141$87
46 years$1,411$819$455$244$128$78
47 years$1,365$782$427$226$116$70
48 years$1,322$746$402$208$105$63
49 years$1,280$713$377$193$96$56
50 years$1,240$681$355$178$87$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,270,000, adding $2,851 every year, while hoping to spend $28,630 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: 79/9/12 Blend
29$1,270,000$1,270,000$1,270,000$1,270,000
30$1,402,481$1,335,171$1,315,486$1,509,910
31$1,515,072$1,370,132$1,329,092$1,615,891
32$1,638,187$1,405,847$1,342,195$1,728,155
33$1,772,871$1,442,322$1,354,748$1,850,496
34$1,920,272$1,479,563$1,366,699$1,983,909
35$2,081,654$1,517,576$1,377,998$2,129,489
36$2,258,411$1,556,366$1,388,589$2,288,443
37$2,452,076$1,595,935$1,398,415$2,462,098
38$2,664,340$1,636,288$1,407,413$2,651,919
39$2,897,062$1,677,426$1,415,521$2,859,518
40$3,152,292$1,719,350$1,422,671$3,086,671
41$3,432,288$1,762,059$1,428,792$3,335,333
42$3,739,534$1,805,553$1,433,810$3,607,660
43$4,076,769$1,849,828$1,437,645$3,906,027
44$4,447,011$1,894,881$1,440,218$4,233,048
45$4,853,581$1,940,705$1,441,440$4,591,606
46$5,300,140$1,987,293$1,441,222$4,984,874
47$5,790,720$2,034,636$1,439,468$5,416,351
48$6,329,763$2,082,723$1,436,080$5,889,892
49$6,922,163$2,131,541$1,430,953$6,409,741
50$7,573,310$2,181,073$1,423,977$6,980,577
51$8,289,145$2,231,303$1,415,037$7,607,556
52$9,076,211$2,282,210$1,404,014$8,296,358
53$9,941,717$2,333,771$1,390,781$9,053,240
54$10,893,606$2,385,959$1,375,206$9,885,101
55$11,940,630$2,438,747$1,357,151$10,799,538
56$13,092,430$2,492,102$1,336,472$11,804,924
57$14,359,631$2,545,987$1,313,016$12,910,487
58$15,753,936$2,600,364$1,286,626$14,126,394
59$17,288,244$2,655,188$1,257,134$15,463,847
60$18,976,765$2,710,412$1,224,368$16,935,193
61$20,835,156$2,765,983$1,188,145$18,554,035
62$22,880,670$2,821,844$1,148,276$20,335,365
63$25,132,316$2,877,933$1,104,561$22,295,700
64$27,611,042$2,934,181$1,056,794$24,453,246
65$30,339,928$2,990,516$1,004,755$26,828,062
66$33,344,405$3,046,856$948,220$29,442,253
67$36,652,498$3,103,115$886,949$32,320,178
68$40,295,086$3,159,201$820,695$35,488,681
69$44,306,195$3,215,012$749,198$38,977,343
70$48,723,319$3,270,440$672,188$42,818,763
71$53,587,773$3,325,367$589,382$47,048,862
72$58,945,084$3,379,668$500,484$51,707,226
73$64,845,418$3,433,207$405,186$56,837,479
74$71,344,057$3,485,840$303,165$62,487,695
75$78,501,915$3,537,410$194,086$68,710,848
76$86,386,118$3,587,752$77,596$75,565,318
77$95,070,637$3,636,686$0$83,115,439
78$104,636,980$3,684,022$0$91,438,089
79$115,174,967$3,729,554$0$100,616,405
80$126,783,578$3,773,066$0$110,726,588
81$139,571,881$3,814,324$0$121,863,570
82$153,660,066$3,853,080$0$134,131,963
83$169,180,580$3,889,068$0$147,647,046
84$186,279,373$3,922,006$0$162,535,854
85$205,117,277$3,951,593$0$178,938,377
86$225,871,526$3,977,507$0$197,008,878
87$248,737,425$3,999,409$0$216,917,355
88$273,930,197$4,016,934$0$238,851,142
89$301,687,011$4,029,697$0$263,016,677
90$332,269,221$4,037,288$0$289,641,451
91$365,964,836$4,039,269$0$318,976,158
92$403,091,234$4,035,179$0$351,297,055
93$443,998,162$4,024,524$0$386,908,580
94$489,071,032$4,006,784$0$426,146,215
95$538,734,565$3,981,404$0$469,379,660
96$593,456,794$3,947,796$0$517,016,320
97$653,753,486$3,905,337$0$569,505,154
98$720,193,010$3,853,367$0$627,340,908
99$793,401,701$3,791,185$0$691,068,791
100$874,069,772$3,718,051$0$761,289,619