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%11.4%
1 years$109,830$108,852$107,897$106,966$106,056$105,432
2 years$54,371$53,359$52,377$51,426$50,503$49,873
3 years$35,888$34,871$33,892$32,949$32,041$31,425
4 years$26,647$25,634$24,664$23,738$22,852$22,255
5 years$21,105$20,097$19,141$18,233$17,372$16,795
6 years$17,411$16,411$15,468$14,581$13,746$13,190
7 years$14,773$13,782$12,854$11,988$11,179$10,645
8 years$12,796$11,813$10,902$10,056$9,274$8,762
9 years$11,259$10,286$9,389$8,566$7,810$7,319
10 years$10,030$9,066$8,186$7,384$6,655$6,185
11 years$9,026$8,071$7,207$6,426$5,723$5,274
12 years$8,189$7,244$6,396$5,637$4,960$4,531
13 years$7,481$6,547$5,714$4,976$4,325$3,916
14 years$6,876$5,951$5,134$4,417$3,791$3,402
15 years$6,351$5,436$4,636$3,939$3,338$2,968
16 years$5,892$4,988$4,203$3,527$2,950$2,598
17 years$5,488$4,593$3,824$3,169$2,616$2,282
18 years$5,129$4,244$3,491$2,856$2,326$2,009
19 years$4,809$3,934$3,196$2,581$2,073$1,774
20 years$4,520$3,655$2,933$2,337$1,852$1,568
21 years$4,260$3,405$2,698$2,121$1,657$1,389
22 years$4,023$3,178$2,487$1,929$1,485$1,233
23 years$3,808$2,973$2,296$1,757$1,333$1,095
24 years$3,610$2,785$2,123$1,602$1,198$974
25 years$3,429$2,614$1,967$1,463$1,078$867
26 years$3,262$2,457$1,824$1,338$971$773
27 years$3,107$2,312$1,694$1,225$876$689
28 years$2,964$2,178$1,574$1,122$790$615
29 years$2,831$2,055$1,465$1,029$714$549
30 years$2,707$1,941$1,365$944$645$491
31 years$2,592$1,835$1,272$867$583$439
32 years$2,483$1,736$1,187$797$527$392
33 years$2,382$1,644$1,108$733$477$351
34 years$2,287$1,558$1,036$674$432$314
35 years$2,197$1,478$968$621$391$281
36 years$2,112$1,403$906$572$355$252
37 years$2,033$1,332$848$527$321$226
38 years$1,957$1,266$794$486$291$202
39 years$1,886$1,204$744$448$264$181
40 years$1,818$1,146$697$413$240$162
41 years$1,754$1,090$654$381$217$145
42 years$1,693$1,038$613$352$197$130
43 years$1,635$989$575$325$179$117
44 years$1,580$943$540$300$163$105
45 years$1,528$899$507$277$148$94
46 years$1,478$858$476$256$134$84
47 years$1,430$819$448$236$122$76
48 years$1,384$782$421$218$110$68
49 years$1,340$746$395$202$100$61
50 years$1,299$713$372$186$91$55

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 $3,993 every year, while hoping to spend $31,888 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: 45/49/6 Blend
29$1,330,000$1,330,000$1,330,000$1,330,000
30$1,469,779$1,399,289$1,378,674$1,533,307
31$1,585,768$1,433,925$1,390,931$1,612,126
32$1,712,519$1,469,190$1,402,530$1,693,904
33$1,851,096$1,505,081$1,413,415$1,781,827
34$2,002,671$1,541,593$1,423,527$1,876,470
35$2,168,533$1,578,721$1,432,805$1,978,465
36$2,350,104$1,616,459$1,441,185$2,088,510
37$2,548,947$1,654,797$1,448,597$2,207,372
38$2,766,784$1,693,727$1,454,969$2,335,895
39$3,005,513$1,733,237$1,460,228$2,475,011
40$3,267,223$1,773,313$1,464,293$2,625,743
41$3,554,214$1,813,940$1,467,081$2,789,219
42$3,869,021$1,855,100$1,468,505$2,966,681
43$4,214,434$1,896,773$1,468,474$3,159,499
44$4,593,530$1,938,938$1,466,891$3,369,179
45$5,009,694$1,981,570$1,463,655$3,597,382
46$5,466,656$2,024,641$1,458,662$3,845,938
47$5,968,527$2,068,120$1,451,799$4,116,861
48$6,519,833$2,111,975$1,442,951$4,412,373
49$7,125,562$2,156,167$1,431,995$4,734,920
50$7,791,208$2,200,658$1,418,805$5,087,199
51$8,522,822$2,245,401$1,403,247$5,472,179
52$9,327,074$2,290,350$1,385,180$5,893,134
53$10,211,310$2,335,452$1,364,458$6,353,672
54$11,183,624$2,380,649$1,340,927$6,857,767
55$12,252,932$2,425,879$1,314,427$7,409,799
56$13,429,060$2,471,076$1,284,789$8,014,597
57$14,722,833$2,516,167$1,251,838$8,677,480
58$16,146,176$2,561,074$1,215,389$9,404,310
59$17,712,232$2,605,712$1,175,250$10,201,550
60$19,435,478$2,649,991$1,131,219$11,076,320
61$21,331,868$2,693,812$1,083,087$12,036,469
62$23,418,980$2,737,070$1,030,631$13,090,645
63$25,716,182$2,779,653$973,624$14,248,382
64$28,244,816$2,821,439$911,823$15,520,185
65$31,028,396$2,862,298$844,978$16,917,633
66$34,092,833$2,902,092$772,826$18,453,488
67$37,466,679$2,940,671$695,092$20,141,815
68$41,181,392$2,977,876$611,490$21,998,116
69$45,271,640$3,013,537$521,720$24,039,476
70$49,775,620$3,047,473$425,471$26,284,724
71$54,735,423$3,079,489$322,414$28,754,614
72$60,197,431$3,109,379$212,209$31,472,019
73$66,212,752$3,136,922$94,501$34,462,149
74$72,837,704$3,161,882$0$37,752,788
75$80,134,345$3,184,010$0$41,376,551
76$88,171,061$3,203,039$0$45,371,781
77$97,023,206$3,218,685$0$49,769,645
78$106,773,820$3,230,647$0$54,611,166
79$117,514,404$3,238,604$0$59,941,558
80$129,345,793$3,242,214$0$65,810,646
81$142,379,098$3,241,117$0$72,273,346
82$156,736,761$3,234,927$0$79,390,180
83$172,553,708$3,223,236$0$87,227,846
84$189,978,622$3,205,611$0$95,859,855
85$209,175,348$3,181,592$0$105,367,219
86$230,324,434$3,150,691$0$115,839,225
87$253,624,844$3,112,392$0$127,374,270
88$279,295,826$3,066,147$0$140,080,800
89$307,578,987$3,011,375$0$154,078,328
90$338,740,573$2,947,462$0$169,498,571
91$373,073,979$2,873,755$0$186,486,687
92$410,902,522$2,789,566$0$205,202,655
93$452,582,488$2,694,164$0$225,822,783
94$498,506,500$2,586,776$0$248,541,375
95$549,107,220$2,466,585$0$273,572,567
96$604,861,435$2,332,726$0$301,152,355
97$666,294,556$2,184,285$0$331,540,818
98$733,985,579$2,020,293$0$365,024,585
99$808,572,549$1,839,728$0$401,919,536
100$890,758,584$1,641,509$0$442,573,792