Can I retire at age 30 with 1,310,000?

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 $1,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$108,179$107,215$106,275$105,357$104,461$100,916
2 years$53,554$52,556$51,590$50,653$49,743$46,207
3 years$35,348$34,346$33,382$32,454$31,559$28,143
4 years$26,247$25,248$24,294$23,381$22,508$19,238
5 years$20,787$19,795$18,853$17,959$17,110$13,995
6 years$17,149$16,164$15,236$14,362$13,539$10,581
7 years$14,551$13,574$12,661$11,808$11,011$8,209
8 years$12,604$11,636$10,738$9,905$9,135$6,488
9 years$11,090$10,131$9,248$8,437$7,693$5,197
10 years$9,880$8,930$8,063$7,273$6,554$4,207
11 years$8,890$7,950$7,098$6,329$5,637$3,432
12 years$8,066$7,135$6,300$5,552$4,885$2,818
13 years$7,369$6,448$5,628$4,901$4,260$2,325
14 years$6,772$5,861$5,057$4,351$3,734$1,926
15 years$6,255$5,354$4,566$3,880$3,288$1,601
16 years$5,804$4,913$4,140$3,474$2,906$1,334
17 years$5,406$4,524$3,767$3,122$2,576$1,115
18 years$5,052$4,181$3,439$2,813$2,291$933
19 years$4,736$3,875$3,148$2,542$2,042$782
20 years$4,452$3,600$2,889$2,302$1,824$656
21 years$4,196$3,354$2,657$2,089$1,632$551
22 years$3,963$3,131$2,449$1,900$1,463$463
23 years$3,750$2,928$2,261$1,730$1,313$390
24 years$3,556$2,743$2,091$1,578$1,180$328
25 years$3,377$2,574$1,937$1,441$1,062$276
26 years$3,213$2,420$1,797$1,318$957$233
27 years$3,061$2,277$1,668$1,206$863$196
28 years$2,920$2,146$1,551$1,105$778$165
29 years$2,789$2,024$1,443$1,013$703$140
30 years$2,667$1,912$1,344$930$635$118
31 years$2,553$1,807$1,253$854$574$99
32 years$2,446$1,710$1,169$785$519$84
33 years$2,346$1,619$1,092$722$470$71
34 years$2,252$1,535$1,020$664$426$60
35 years$2,164$1,456$954$611$385$50
36 years$2,081$1,382$892$563$349$43
37 years$2,002$1,312$835$519$317$36
38 years$1,928$1,247$782$478$287$30
39 years$1,858$1,186$733$441$260$26
40 years$1,791$1,128$687$407$236$22
41 years$1,728$1,074$644$375$214$18
42 years$1,668$1,023$604$346$194$15
43 years$1,611$975$567$320$176$13
44 years$1,556$929$532$295$160$11
45 years$1,505$886$500$273$145$9
46 years$1,455$845$469$252$132$8
47 years$1,408$806$441$233$120$7
48 years$1,363$770$414$215$109$6
49 years$1,320$735$389$199$99$5
50 years$1,279$702$366$184$90$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,310,000, adding $4,117 every year, while hoping to spend $33,445 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: 38/34/28 Blend
29$1,310,000$1,310,000$1,310,000$1,310,000
30$1,447,867$1,378,437$1,358,132$1,490,683
31$1,559,964$1,410,395$1,368,044$1,554,472
32$1,682,374$1,442,798$1,377,167$1,620,003
33$1,816,114$1,475,633$1,385,440$1,690,187
34$1,962,302$1,508,884$1,392,797$1,765,471
35$2,122,172$1,542,534$1,399,170$1,846,343
36$2,297,079$1,576,564$1,404,488$1,933,346
37$2,488,518$1,610,952$1,408,676$2,027,074
38$2,698,133$1,645,675$1,411,653$2,128,186
39$2,927,737$1,680,707$1,413,337$2,237,407
40$3,179,323$1,716,019$1,413,641$2,355,536
41$3,455,089$1,751,579$1,412,473$2,483,457
42$3,757,455$1,787,354$1,409,738$2,622,143
43$4,089,086$1,823,304$1,405,334$2,772,667
44$4,452,917$1,859,390$1,399,157$2,936,212
45$4,852,181$1,895,566$1,391,095$3,114,087
46$5,290,439$1,931,785$1,381,033$3,307,730
47$5,771,615$1,967,993$1,368,848$3,518,731
48$6,300,029$2,004,135$1,354,414$3,748,842
49$6,880,443$2,040,148$1,337,598$3,999,997
50$7,518,100$2,075,967$1,318,259$4,274,328
51$8,218,777$2,111,520$1,296,252$4,574,187
52$8,988,839$2,146,732$1,271,423$4,902,167
53$9,835,297$2,181,518$1,243,613$5,261,128
54$10,765,876$2,215,792$1,212,653$5,654,226
55$11,789,087$2,249,457$1,178,368$6,084,940
56$12,914,306$2,282,412$1,140,575$6,557,107
57$14,151,863$2,314,548$1,099,082$7,074,958
58$15,513,141$2,345,748$1,053,689$7,643,161
59$17,010,679$2,375,888$1,004,185$8,266,862
60$18,658,294$2,404,832$950,351$8,951,736
61$20,471,211$2,432,440$891,959$9,704,040
62$22,466,203$2,458,558$828,768$10,530,677
63$24,661,753$2,483,025$760,529$11,439,254
64$27,078,224$2,505,666$686,980$12,438,163
65$29,738,057$2,526,297$607,847$13,536,656
66$32,665,974$2,544,721$522,846$14,744,932
67$35,889,221$2,560,730$431,678$16,074,242
68$39,437,815$2,574,099$334,033$17,536,984
69$43,344,834$2,584,592$229,585$19,146,834
70$47,646,726$2,591,956$117,995$20,918,865
71$52,383,654$2,595,924$0$22,869,699
72$57,599,874$2,596,211$0$25,017,985
73$63,344,149$2,592,513$0$27,421,242
74$69,670,217$2,584,512$0$30,066,566
75$76,637,291$2,571,864$0$32,978,631
76$84,310,618$2,554,209$0$36,184,632
77$92,762,099$2,531,163$0$39,714,538
78$102,070,963$2,502,320$0$43,601,382
79$112,324,515$2,467,247$0$47,881,569
80$123,618,963$2,425,489$0$52,595,223
81$136,060,321$2,376,562$0$57,786,565
82$149,765,412$2,319,952$0$63,504,332
83$164,862,971$2,255,117$0$69,802,237
84$181,494,858$2,181,481$0$76,739,480
85$199,817,397$2,098,437$0$84,381,306
86$220,002,852$2,005,341$0$92,799,620
87$242,241,052$1,901,512$0$102,073,671
88$266,741,182$1,786,230$0$112,290,799
89$293,733,760$1,658,732$0$123,547,263
90$323,472,807$1,518,213$0$135,949,148
91$356,238,250$1,363,823$0$149,613,371
92$392,338,562$1,194,661$0$164,668,785
93$432,113,672$1,009,776$0$181,257,400
94$475,938,176$808,164$0$199,535,720
95$524,224,869$588,763$0$219,676,228
96$577,428,647$350,454$0$241,869,014
97$636,050,795$92,051$0$266,323,573
98$700,643,721$0$0$293,270,784
99$771,816,171$0$0$323,035,315
100$850,238,975$0$0$355,870,280