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

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$109,830$108,852$107,897$106,966$106,056$102,212
2 years$54,371$53,359$52,377$51,426$50,503$46,672
3 years$35,888$34,871$33,892$32,949$32,041$28,344
4 years$26,647$25,634$24,664$23,738$22,852$19,317
5 years$21,105$20,097$19,141$18,233$17,372$14,008
6 years$17,411$16,411$15,468$14,581$13,746$10,556
7 years$14,773$13,782$12,854$11,988$11,179$8,162
8 years$12,796$11,813$10,902$10,056$9,274$6,428
9 years$11,259$10,286$9,389$8,566$7,810$5,130
10 years$10,030$9,066$8,186$7,384$6,655$4,137
11 years$9,026$8,071$7,207$6,426$5,723$3,362
12 years$8,189$7,244$6,396$5,637$4,960$2,749
13 years$7,481$6,547$5,714$4,976$4,325$2,259
14 years$6,876$5,951$5,134$4,417$3,791$1,864
15 years$6,351$5,436$4,636$3,939$3,338$1,543
16 years$5,892$4,988$4,203$3,527$2,950$1,280
17 years$5,488$4,593$3,824$3,169$2,616$1,064
18 years$5,129$4,244$3,491$2,856$2,326$887
19 years$4,809$3,934$3,196$2,581$2,073$740
20 years$4,520$3,655$2,933$2,337$1,852$618
21 years$4,260$3,405$2,698$2,121$1,657$517
22 years$4,023$3,178$2,487$1,929$1,485$432
23 years$3,808$2,973$2,296$1,757$1,333$362
24 years$3,610$2,785$2,123$1,602$1,198$303
25 years$3,429$2,614$1,967$1,463$1,078$254
26 years$3,262$2,457$1,824$1,338$971$213
27 years$3,107$2,312$1,694$1,225$876$179
28 years$2,964$2,178$1,574$1,122$790$150
29 years$2,831$2,055$1,465$1,029$714$126
30 years$2,707$1,941$1,365$944$645$106
31 years$2,592$1,835$1,272$867$583$89
32 years$2,483$1,736$1,187$797$527$75
33 years$2,382$1,644$1,108$733$477$63
34 years$2,287$1,558$1,036$674$432$53
35 years$2,197$1,478$968$621$391$44
36 years$2,112$1,403$906$572$355$37
37 years$2,033$1,332$848$527$321$31
38 years$1,957$1,266$794$486$291$26
39 years$1,886$1,204$744$448$264$22
40 years$1,818$1,146$697$413$240$18
41 years$1,754$1,090$654$381$217$16
42 years$1,693$1,038$613$352$197$13
43 years$1,635$989$575$325$179$11
44 years$1,580$943$540$300$163$9
45 years$1,528$899$507$277$148$8
46 years$1,478$858$476$256$134$7
47 years$1,430$819$448$236$122$5
48 years$1,384$782$421$218$110$5
49 years$1,340$746$395$202$100$4
50 years$1,299$713$372$186$91$3

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 $2,464 every year, while hoping to spend $50,199 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: 48/27/25 Blend
29$1,330,000$1,330,000$1,330,000$1,330,000
30$1,468,202$1,397,712$1,377,097$1,528,122
31$1,564,547$1,412,788$1,369,818$1,585,422
32$1,669,037$1,426,921$1,360,613$1,642,437
33$1,782,449$1,440,011$1,349,364$1,703,351
34$1,905,640$1,451,952$1,335,949$1,768,556
35$2,039,549$1,462,632$1,320,237$1,838,484
36$2,185,213$1,471,930$1,302,094$1,913,615
37$2,343,769$1,479,719$1,281,379$1,994,477
38$2,516,472$1,485,864$1,257,944$2,081,658
39$2,704,700$1,490,219$1,231,633$2,175,806
40$2,909,970$1,492,631$1,202,284$2,277,639
41$3,133,955$1,492,938$1,169,728$2,387,949
42$3,378,491$1,490,965$1,133,787$2,507,616
43$3,645,604$1,486,529$1,094,275$2,637,610
44$3,937,521$1,479,434$1,050,999$2,779,004
45$4,256,696$1,469,474$1,003,756$2,932,985
46$4,605,830$1,456,429$952,332$3,100,864
47$4,987,896$1,440,065$896,506$3,284,092
48$5,406,169$1,420,136$836,047$3,484,272
49$5,864,256$1,396,381$770,712$3,703,173
50$6,366,127$1,368,520$700,248$3,942,753
51$6,916,156$1,336,262$624,391$4,205,175
52$7,519,160$1,299,295$542,864$4,492,826
53$8,180,443$1,257,289$455,378$4,808,344
54$8,905,849$1,209,896$361,634$5,154,645
55$9,701,812$1,156,748$261,315$5,534,947
56$10,575,422$1,097,454$154,094$5,952,805
57$11,534,486$1,031,601$39,628$6,412,143
58$12,587,607$958,753$0$6,917,295
59$13,744,260$878,448$0$7,495,061
60$15,014,882$790,199$0$8,141,422
61$16,410,971$693,490$0$8,851,729
62$17,945,195$587,776$0$9,632,530
63$19,631,510$472,482$0$10,491,042
64$21,485,290$347,000$0$11,435,225
65$23,523,474$210,687$0$12,473,855
66$25,764,723$62,865$0$13,616,612
67$28,229,597$0$0$14,874,166
68$30,940,751$0$0$16,287,160
69$33,923,141$0$0$17,862,228
70$37,204,269$0$0$19,595,238
71$40,814,431$0$0$21,502,213
72$44,787,013$0$0$23,600,810
73$49,158,798$0$0$25,910,483
74$53,970,316$0$0$28,452,668
75$59,266,224$0$0$31,250,984
76$65,095,729$0$0$34,331,457
77$71,513,051$0$0$37,722,764
78$78,577,932$0$0$41,456,503
79$86,356,204$0$0$45,567,493
80$94,920,404$0$0$50,094,101
81$104,350,462$0$0$55,078,602
82$114,734,454$0$0$60,567,582
83$126,169,431$0$0$66,612,373
84$138,762,335$0$0$73,269,540
85$152,631,010$0$0$80,601,413
86$167,905,309$0$0$88,676,677
87$184,728,324$0$0$97,571,015
88$203,257,732$0$0$107,367,830
89$223,667,283$0$0$118,159,024
90$246,148,443$0$0$130,045,869
91$270,912,194$0$0$143,139,964
92$298,191,031$0$0$157,564,282
93$328,241,152$0$0$173,454,339
94$361,344,876$0$0$190,959,463
95$397,813,309$0$0$210,244,214
96$437,989,277$0$0$231,489,925
97$482,250,562$0$0$254,896,425
98$531,013,468$0$0$280,683,915
99$584,736,752$0$0$309,095,053
100$643,925,948$0$0$340,397,240