Can I retire at age 30 with 1,350,000?

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$111,482$110,489$109,520$108,574$107,651$104,456
2 years$55,189$54,161$53,165$52,199$51,262$48,070
3 years$36,427$35,395$34,401$33,445$32,523$29,433
4 years$27,048$26,019$25,035$24,095$23,196$20,232
5 years$21,422$20,399$19,428$18,507$17,633$14,804
6 years$17,673$16,657$15,701$14,800$13,952$11,260
7 years$14,996$13,989$13,048$12,168$11,347$8,791
8 years$12,989$11,991$11,065$10,208$9,413$6,993
9 years$11,429$10,440$9,531$8,695$7,927$5,640
10 years$10,181$9,203$8,309$7,495$6,755$4,596
11 years$9,161$8,193$7,315$6,523$5,809$3,777
12 years$8,312$7,353$6,492$5,721$5,034$3,124
13 years$7,594$6,645$5,800$5,051$4,390$2,597
14 years$6,979$6,040$5,211$4,484$3,848$2,168
15 years$6,446$5,518$4,705$3,999$3,388$1,816
16 years$5,981$5,063$4,266$3,580$2,994$1,525
17 years$5,571$4,662$3,882$3,217$2,655$1,285
18 years$5,206$4,308$3,544$2,899$2,361$1,084
19 years$4,881$3,993$3,244$2,620$2,104$916
20 years$4,588$3,710$2,977$2,373$1,880$775
21 years$4,324$3,456$2,738$2,153$1,682$656
22 years$4,084$3,226$2,524$1,958$1,508$557
23 years$3,865$3,017$2,330$1,783$1,353$472
24 years$3,665$2,827$2,155$1,626$1,216$401
25 years$3,481$2,653$1,996$1,485$1,095$341
26 years$3,311$2,493$1,851$1,358$986$290
27 years$3,154$2,347$1,719$1,243$889$247
28 years$3,009$2,211$1,598$1,139$802$210
29 years$2,874$2,086$1,487$1,044$724$178
30 years$2,748$1,970$1,385$958$654$152
31 years$2,631$1,862$1,291$880$592$129
32 years$2,521$1,762$1,205$809$535$110
33 years$2,418$1,669$1,125$744$484$94
34 years$2,321$1,582$1,051$684$439$80
35 years$2,230$1,500$983$630$397$68
36 years$2,144$1,424$919$580$360$58
37 years$2,063$1,352$861$535$326$49
38 years$1,987$1,285$806$493$296$42
39 years$1,914$1,222$755$454$268$36
40 years$1,846$1,163$708$419$243$31
41 years$1,781$1,107$664$387$221$26
42 years$1,719$1,054$622$357$200$22
43 years$1,660$1,004$584$329$182$19
44 years$1,604$957$548$304$165$16
45 years$1,551$913$515$281$150$14
46 years$1,500$871$484$259$136$12
47 years$1,451$831$454$240$123$10
48 years$1,405$793$427$222$112$9
49 years$1,361$758$401$205$102$7
50 years$1,318$724$377$189$92$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,350,000, adding $4,196 every year, while hoping to spend $46,787 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: 51/29/20 Blend
29$1,350,000$1,350,000$1,350,000$1,350,000
30$1,492,028$1,420,478$1,399,553$1,559,645
31$1,594,434$1,440,301$1,396,657$1,626,577
32$1,705,717$1,459,526$1,392,096$1,694,141
33$1,826,734$1,478,076$1,385,765$1,766,607
34$1,958,426$1,495,867$1,377,553$1,844,457
35$2,101,829$1,512,809$1,367,345$1,928,222
36$2,258,084$1,528,805$1,355,020$2,018,488
37$2,428,446$1,543,754$1,340,450$2,115,905
38$2,614,297$1,557,547$1,323,504$2,221,187
39$2,817,155$1,570,067$1,304,042$2,335,126
40$3,038,696$1,581,191$1,281,918$2,458,594
41$3,280,761$1,590,787$1,256,980$2,592,555
42$3,545,378$1,598,715$1,229,069$2,738,073
43$3,834,780$1,604,826$1,198,016$2,896,325
44$4,151,427$1,608,961$1,163,648$3,068,606
45$4,498,024$1,610,952$1,125,783$3,256,351
46$4,877,554$1,610,620$1,084,228$3,461,140
47$5,293,298$1,607,775$1,038,783$3,684,721
48$5,748,874$1,602,214$989,241$3,929,019
49$6,248,261$1,593,725$935,383$4,196,163
50$6,795,845$1,582,079$876,980$4,488,501
51$7,396,455$1,567,035$813,793$4,808,625
52$8,055,413$1,548,339$745,574$5,159,397
53$8,778,576$1,525,719$672,062$5,543,972
54$9,572,400$1,498,888$592,985$5,965,836
55$10,443,993$1,467,542$508,059$6,428,832
56$11,401,188$1,431,359$416,986$6,937,204
57$12,452,612$1,389,999$319,458$7,495,632
58$13,607,769$1,343,099$215,151$8,109,282
59$14,877,130$1,290,279$103,726$8,783,852
60$16,272,228$1,231,134$0$9,525,630
61$17,805,772$1,165,236$0$10,344,791
62$19,491,761$1,092,133$0$11,269,580
63$21,345,619$1,011,346$0$12,286,361
64$23,384,341$922,371$0$13,404,530
65$25,626,649$824,672$0$14,634,447
66$28,093,170$717,684$0$15,987,533
67$30,806,634$600,811$0$17,476,379
68$33,792,082$473,423$0$19,114,867
69$37,077,106$334,852$0$20,918,301
70$40,692,107$184,395$0$22,903,551
71$44,670,581$21,310$0$25,089,218
72$49,049,438$0$0$27,495,805
73$53,869,345$0$0$30,195,440
74$59,175,115$0$0$33,174,862
75$65,016,122$0$0$36,455,019
76$71,446,774$0$0$40,066,486
77$78,527,022$0$0$44,042,953
78$86,322,924$0$0$48,421,546
79$94,907,272$0$0$53,243,171
80$104,360,275$0$0$58,552,904
81$114,770,316$0$0$64,400,416
82$126,234,788$0$0$70,840,441
83$138,861,011$0$0$77,933,290
84$152,767,242$0$0$85,745,425
85$168,083,794$0$0$94,350,080
86$184,954,264$0$0$103,827,956
87$203,536,890$0$0$114,267,982
88$224,006,037$0$0$125,768,152
89$246,553,852$0$0$138,436,451
90$271,392,069$0$0$152,391,876
91$298,754,010$0$0$167,765,553
92$328,896,788$0$0$184,701,982
93$362,103,730$0$0$203,360,393
94$398,687,053$0$0$223,916,254
95$438,990,810$0$0$246,562,926
96$483,394,138$0$0$271,513,485
97$532,314,832$0$0$299,002,738
98$586,213,294$0$0$329,289,432
99$645,596,873$0$0$362,658,705
100$711,024,656$0$0$399,424,769