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

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$104,875$103,941$103,030$102,140$101,272$100,465
2 years$51,919$50,952$50,014$49,106$48,225$47,412
3 years$34,269$33,297$32,363$31,463$30,596$29,801
4 years$25,445$24,477$23,552$22,667$21,821$21,052
5 years$20,153$19,190$18,277$17,410$16,588$15,846
6 years$16,625$15,670$14,771$13,923$13,126$12,411
7 years$14,107$13,160$12,274$11,447$10,675$9,989
8 years$12,219$11,281$10,410$9,603$8,856$8,198
9 years$10,751$9,822$8,966$8,179$7,458$6,828
10 years$9,578$8,657$7,817$7,051$6,354$5,753
11 years$8,618$7,707$6,882$6,136$5,465$4,891
12 years$7,819$6,918$6,107$5,382$4,736$4,188
13 years$7,144$6,251$5,456$4,752$4,130$3,608
14 years$6,565$5,682$4,903$4,218$3,620$3,124
15 years$6,064$5,191$4,426$3,762$3,187$2,717
16 years$5,627$4,763$4,013$3,368$2,817$2,370
17 years$5,241$4,386$3,652$3,026$2,498$2,075
18 years$4,898$4,053$3,334$2,727$2,221$1,820
19 years$4,592$3,756$3,052$2,464$1,980$1,601
20 years$4,316$3,491$2,801$2,232$1,768$1,411
21 years$4,068$3,251$2,576$2,026$1,582$1,245
22 years$3,842$3,035$2,374$1,842$1,418$1,100
23 years$3,636$2,839$2,192$1,677$1,273$974
24 years$3,447$2,660$2,028$1,530$1,144$863
25 years$3,274$2,496$1,878$1,397$1,030$765
26 years$3,115$2,346$1,742$1,277$928$679
27 years$2,967$2,208$1,617$1,169$836$603
28 years$2,831$2,080$1,503$1,071$755$536
29 years$2,704$1,962$1,399$982$681$477
30 years$2,585$1,853$1,303$902$616$424
31 years$2,475$1,752$1,215$828$557$378
32 years$2,371$1,658$1,134$761$503$337
33 years$2,274$1,570$1,058$700$456$300
34 years$2,183$1,488$989$644$413$267
35 years$2,098$1,411$925$593$374$238
36 years$2,017$1,339$865$546$339$212
37 years$1,941$1,272$810$503$307$190
38 years$1,869$1,209$758$464$278$169
39 years$1,801$1,150$710$427$252$151
40 years$1,736$1,094$666$394$229$135
41 years$1,675$1,041$624$364$208$120
42 years$1,617$992$586$336$188$107
43 years$1,562$945$549$310$171$96
44 years$1,509$901$516$286$155$86
45 years$1,459$859$484$264$141$76
46 years$1,411$819$455$244$128$68
47 years$1,365$782$427$226$116$61
48 years$1,322$746$402$208$105$54
49 years$1,280$713$377$193$96$49
50 years$1,240$681$355$178$87$43

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 $2,739 every year, while hoping to spend $44,644 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: 76/5/19 Blend
29$1,270,000$1,270,000$1,270,000$1,270,000
30$1,402,365$1,335,055$1,315,370$1,502,581
31$1,497,906$1,352,972$1,311,934$1,587,208
32$1,601,695$1,370,271$1,306,887$1,674,179
33$1,714,527$1,386,873$1,300,127$1,768,355
34$1,837,276$1,402,698$1,291,549$1,870,443
35$1,970,904$1,417,655$1,281,041$1,981,222
36$2,116,467$1,431,651$1,268,487$2,101,549
37$2,275,131$1,444,586$1,253,766$2,232,372
38$2,448,176$1,456,353$1,236,748$2,374,732
39$2,637,013$1,466,837$1,217,302$2,529,778
40$2,843,193$1,475,917$1,195,287$2,698,777
41$3,068,426$1,483,464$1,170,556$2,883,124
42$3,314,592$1,489,340$1,142,956$3,084,358
43$3,583,763$1,493,400$1,112,327$3,304,174
44$3,878,218$1,495,488$1,078,501$3,544,440
45$4,200,468$1,495,438$1,041,303$3,807,218
46$4,553,277$1,493,077$1,000,549$4,094,776
47$4,939,691$1,488,217$956,047$4,409,617
48$5,363,061$1,480,661$907,596$4,754,500
49$5,827,080$1,470,201$854,987$5,132,465
50$6,335,814$1,456,612$798,001$5,546,862
51$6,893,742$1,439,661$736,408$6,001,387
52$7,505,795$1,419,096$669,970$6,500,110
53$8,177,409$1,394,654$598,437$7,047,519
54$8,914,567$1,366,054$521,546$7,648,560
55$9,723,861$1,333,000$439,027$8,308,686
56$10,612,553$1,295,175$350,593$9,033,907
57$11,588,644$1,252,249$255,947$9,830,846
58$12,660,944$1,203,867$154,780$10,706,804
59$13,839,162$1,149,658$46,767$11,669,831
60$15,133,992$1,089,228$0$12,728,795
61$16,557,217$1,022,158$0$13,907,360
62$18,121,817$948,007$0$15,213,438
63$19,842,093$866,310$0$16,649,488
64$21,733,800$776,573$0$18,228,679
65$23,814,298$678,275$0$19,965,524
66$26,102,711$570,865$0$21,876,009
67$28,620,112$453,762$0$23,977,754
68$31,389,718$326,351$0$26,290,169
69$34,437,111$187,983$0$28,834,644
70$37,790,474$37,973$0$31,634,751
71$41,480,866$0$0$34,716,459
72$45,542,504$0$0$38,115,232
73$50,013,092$0$0$41,858,572
74$54,934,176$0$0$45,979,184
75$60,351,533$0$0$50,515,406
76$66,315,603$0$0$55,509,483
77$72,881,967$0$0$61,007,962
78$80,111,869$0$0$67,062,137
79$88,072,793$0$0$73,728,526
80$96,839,101$0$0$81,069,407
81$106,492,733$0$0$89,153,405
82$117,123,981$0$0$98,056,142
83$128,832,339$0$0$107,860,944
84$141,727,444$0$0$118,659,633
85$155,930,107$0$0$130,553,389
86$171,573,456$0$0$143,653,708
87$188,804,187$0$0$158,083,452
88$207,783,956$0$0$173,978,008
89$228,690,897$0$0$191,486,564
90$251,721,304$0$0$210,773,522
91$277,091,486$0$0$232,020,042
92$305,039,808$0$0$255,425,757
93$335,828,935$0$0$281,210,654
94$369,748,318$0$0$309,617,153
95$407,116,920$0$0$340,912,389
96$448,286,229$0$0$375,390,739
97$493,643,574$0$0$413,376,598
98$543,615,781$0$0$455,227,438
99$598,673,201$0$0$501,337,187
100$659,334,150$0$0$552,139,941