Can I retire at age 30 with 1,330,000?

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 $1,330,000?

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$109,830$108,852$107,897$106,966$106,056$103,957
2 years$54,371$53,359$52,377$51,426$50,503$48,397
3 years$35,888$34,871$33,892$32,949$32,041$29,994
4 years$26,647$25,634$24,664$23,738$22,852$20,880
5 years$21,105$20,097$19,141$18,233$17,372$15,480
6 years$17,411$16,411$15,468$14,581$13,746$11,936
7 years$14,773$13,782$12,854$11,988$11,179$9,452
8 years$12,796$11,813$10,902$10,056$9,274$7,629
9 years$11,259$10,286$9,389$8,566$7,810$6,246
10 years$10,030$9,066$8,186$7,384$6,655$5,170
11 years$9,026$8,071$7,207$6,426$5,723$4,317
12 years$8,189$7,244$6,396$5,637$4,960$3,629
13 years$7,481$6,547$5,714$4,976$4,325$3,068
14 years$6,876$5,951$5,134$4,417$3,791$2,605
15 years$6,351$5,436$4,636$3,939$3,338$2,221
16 years$5,892$4,988$4,203$3,527$2,950$1,899
17 years$5,488$4,593$3,824$3,169$2,616$1,629
18 years$5,129$4,244$3,491$2,856$2,326$1,399
19 years$4,809$3,934$3,196$2,581$2,073$1,205
20 years$4,520$3,655$2,933$2,337$1,852$1,039
21 years$4,260$3,405$2,698$2,121$1,657$897
22 years$4,023$3,178$2,487$1,929$1,485$776
23 years$3,808$2,973$2,296$1,757$1,333$671
24 years$3,610$2,785$2,123$1,602$1,198$582
25 years$3,429$2,614$1,967$1,463$1,078$504
26 years$3,262$2,457$1,824$1,338$971$437
27 years$3,107$2,312$1,694$1,225$876$380
28 years$2,964$2,178$1,574$1,122$790$330
29 years$2,831$2,055$1,465$1,029$714$286
30 years$2,707$1,941$1,365$944$645$249
31 years$2,592$1,835$1,272$867$583$216
32 years$2,483$1,736$1,187$797$527$188
33 years$2,382$1,644$1,108$733$477$164
34 years$2,287$1,558$1,036$674$432$142
35 years$2,197$1,478$968$621$391$124
36 years$2,112$1,403$906$572$355$108
37 years$2,033$1,332$848$527$321$94
38 years$1,957$1,266$794$486$291$82
39 years$1,886$1,204$744$448$264$71
40 years$1,818$1,146$697$413$240$62
41 years$1,754$1,090$654$381$217$54
42 years$1,693$1,038$613$352$197$47
43 years$1,635$989$575$325$179$41
44 years$1,580$943$540$300$163$36
45 years$1,528$899$507$277$148$31
46 years$1,478$858$476$256$134$27
47 years$1,430$819$448$236$122$23
48 years$1,384$782$421$218$110$20
49 years$1,340$746$395$202$100$18
50 years$1,299$713$372$186$91$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,330,000, adding $3,826 every year, while hoping to spend $58,540 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: 60/23/17 Blend
29$1,330,000$1,330,000$1,330,000$1,330,000
30$1,469,607$1,399,117$1,378,502$1,551,156
31$1,557,220$1,405,387$1,362,395$1,612,946
32$1,651,809$1,410,003$1,343,787$1,673,486
33$1,754,021$1,412,821$1,322,532$1,738,173
34$1,864,572$1,413,690$1,298,478$1,807,415
35$1,984,245$1,412,448$1,271,464$1,881,666
36$2,113,904$1,408,924$1,241,324$1,961,424
37$2,254,498$1,402,936$1,207,883$2,047,244
38$2,407,068$1,394,292$1,170,959$2,139,735
39$2,572,763$1,382,786$1,130,360$2,239,574
40$2,752,844$1,368,202$1,085,886$2,347,507
41$2,948,700$1,350,309$1,037,329$2,464,362
42$3,161,857$1,328,864$984,470$2,591,049
43$3,393,997$1,303,609$927,080$2,728,580
44$3,646,969$1,274,270$864,921$2,878,067
45$3,922,807$1,240,557$797,743$3,040,744
46$4,223,752$1,202,163$725,286$3,217,972
47$4,552,269$1,158,763$647,278$3,411,255
48$4,911,072$1,110,014$563,434$3,622,255
49$5,303,150$1,055,553$473,457$3,852,808
50$5,731,790$994,994$377,036$4,104,941
51$6,200,614$927,931$273,849$4,380,895
52$6,713,611$853,933$163,557$4,683,142
53$7,275,170$772,546$45,807$5,014,415
54$7,890,126$683,290$0$5,377,729
55$8,563,804$585,656$0$5,790,901
56$9,302,066$479,108$0$6,252,930
57$10,111,372$363,079$0$6,759,633
58$10,998,832$236,970$0$7,315,567
59$11,972,280$100,149$0$7,925,758
60$13,040,344$0$0$8,595,749
61$14,212,528$0$0$9,343,816
62$15,499,299$0$0$10,192,944
63$16,912,190$0$0$11,125,409
64$18,463,903$0$0$12,149,608
65$20,168,430$0$0$13,274,792
66$22,041,187$0$0$14,511,151
67$24,099,157$0$0$15,869,912
68$26,361,046$0$0$17,363,443
69$28,847,468$0$0$19,005,371
70$31,581,128$0$0$20,810,707
71$34,587,046$0$0$22,795,991
72$37,892,783$0$0$24,979,446
73$41,528,708$0$0$27,381,149
74$45,528,279$0$0$30,023,220
75$49,928,361$0$0$32,930,032
76$54,769,572$0$0$36,128,439
77$60,096,665$0$0$39,648,029
78$65,958,950$0$0$43,521,404
79$72,410,760$0$0$47,784,484
80$79,511,960$0$0$52,476,852
81$87,328,514$0$0$57,642,120
82$95,933,107$0$0$63,328,342
83$105,405,826$0$0$69,588,472
84$115,834,920$0$0$76,480,854
85$127,317,630$0$0$84,069,782
86$139,961,103$0$0$92,426,098
87$153,883,408$0$0$101,627,867
88$169,214,647$0$0$111,761,107
89$186,098,178$0$0$122,920,603
90$204,691,974$0$0$135,210,805
91$225,170,108$0$0$148,746,804
92$247,724,398$0$0$163,655,427
93$272,566,214$0$0$180,076,427
94$299,928,474$0$0$198,163,806
95$330,067,840$0$0$218,087,265
96$363,267,142$0$0$240,033,805
97$399,838,042$0$0$264,209,494
98$440,123,981$0$0$290,841,409
99$484,503,412$0$0$320,179,779
100$533,393,379$0$0$352,500,348