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

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$111,482$110,489$109,520$108,574$107,651$106,130
2 years$55,189$54,161$53,165$52,199$51,262$49,733
3 years$36,427$35,395$34,401$33,445$32,523$31,033
4 years$27,048$26,019$25,035$24,095$23,196$21,756
5 years$21,422$20,399$19,428$18,507$17,633$16,248
6 years$17,673$16,657$15,701$14,800$13,952$12,624
7 years$14,996$13,989$13,048$12,168$11,347$10,075
8 years$12,989$11,991$11,065$10,208$9,413$8,198
9 years$11,429$10,440$9,531$8,695$7,927$6,769
10 years$10,181$9,203$8,309$7,495$6,755$5,651
11 years$9,161$8,193$7,315$6,523$5,809$4,760
12 years$8,312$7,353$6,492$5,721$5,034$4,038
13 years$7,594$6,645$5,800$5,051$4,390$3,445
14 years$6,979$6,040$5,211$4,484$3,848$2,953
15 years$6,446$5,518$4,705$3,999$3,388$2,542
16 years$5,981$5,063$4,266$3,580$2,994$2,195
17 years$5,571$4,662$3,882$3,217$2,655$1,901
18 years$5,206$4,308$3,544$2,899$2,361$1,650
19 years$4,881$3,993$3,244$2,620$2,104$1,436
20 years$4,588$3,710$2,977$2,373$1,880$1,251
21 years$4,324$3,456$2,738$2,153$1,682$1,092
22 years$4,084$3,226$2,524$1,958$1,508$954
23 years$3,865$3,017$2,330$1,783$1,353$835
24 years$3,665$2,827$2,155$1,626$1,216$731
25 years$3,481$2,653$1,996$1,485$1,095$641
26 years$3,311$2,493$1,851$1,358$986$562
27 years$3,154$2,347$1,719$1,243$889$493
28 years$3,009$2,211$1,598$1,139$802$433
29 years$2,874$2,086$1,487$1,044$724$381
30 years$2,748$1,970$1,385$958$654$335
31 years$2,631$1,862$1,291$880$592$294
32 years$2,521$1,762$1,205$809$535$259
33 years$2,418$1,669$1,125$744$484$228
34 years$2,321$1,582$1,051$684$439$201
35 years$2,230$1,500$983$630$397$177
36 years$2,144$1,424$919$580$360$155
37 years$2,063$1,352$861$535$326$137
38 years$1,987$1,285$806$493$296$121
39 years$1,914$1,222$755$454$268$106
40 years$1,846$1,163$708$419$243$94
41 years$1,781$1,107$664$387$221$82
42 years$1,719$1,054$622$357$200$73
43 years$1,660$1,004$584$329$182$64
44 years$1,604$957$548$304$165$56
45 years$1,551$913$515$281$150$50
46 years$1,500$871$484$259$136$44
47 years$1,451$831$454$240$123$39
48 years$1,405$793$427$222$112$34
49 years$1,361$758$401$205$102$30
50 years$1,318$724$377$189$92$26

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 $6,486 every year, while hoping to spend $28,454 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: 70/25/5 Blend
29$1,350,000$1,350,000$1,350,000$1,350,000
30$1,494,390$1,422,840$1,401,915$1,597,786
31$1,616,543$1,462,285$1,418,605$1,706,375
32$1,750,202$1,502,708$1,434,899$1,821,004
33$1,896,511$1,544,129$1,450,756$1,945,632
34$2,056,728$1,586,564$1,466,130$2,081,234
35$2,232,241$1,630,032$1,480,972$2,228,880
36$2,424,576$1,674,551$1,495,231$2,389,751
37$2,635,416$1,720,137$1,508,855$2,565,147
38$2,866,613$1,766,808$1,521,786$2,756,498
39$3,120,207$1,814,581$1,533,965$2,965,380
40$3,398,446$1,863,473$1,545,330$3,193,527
41$3,703,804$1,913,500$1,555,816$3,442,849
42$4,039,008$1,964,678$1,565,352$3,715,451
43$4,407,062$2,017,022$1,573,866$4,013,649
44$4,811,273$2,070,547$1,581,282$4,339,996
45$5,255,287$2,125,268$1,587,519$4,697,303
46$5,743,119$2,181,198$1,592,493$5,088,666
47$6,279,190$2,238,350$1,596,114$5,517,497
48$6,868,374$2,296,736$1,598,291$5,987,551
49$7,516,040$2,356,368$1,598,925$6,502,969
50$8,228,100$2,417,254$1,597,914$7,068,310
51$9,011,072$2,479,405$1,595,149$7,688,598
52$9,872,134$2,542,828$1,590,519$8,369,365
53$10,819,194$2,607,530$1,583,904$9,116,710
54$11,860,968$2,673,515$1,575,181$9,937,349
55$13,007,057$2,740,787$1,564,220$10,838,684
56$14,268,039$2,809,349$1,550,884$11,828,868
57$15,655,571$2,879,199$1,535,030$12,916,886
58$17,182,496$2,950,335$1,516,510$14,112,636
59$18,862,963$3,022,754$1,495,166$15,427,025
60$20,712,565$3,096,449$1,470,834$16,872,072
61$22,748,482$3,171,411$1,443,342$18,461,016
62$24,989,645$3,247,628$1,412,512$20,208,451
63$27,456,913$3,325,085$1,378,155$22,130,451
64$30,173,268$3,403,765$1,340,074$24,244,733
65$33,164,039$3,483,646$1,298,063$26,570,818
66$36,457,130$3,564,704$1,251,907$29,130,215
67$40,083,293$3,646,910$1,201,382$31,946,625
68$44,076,412$3,730,232$1,146,251$35,046,168
69$48,473,824$3,814,632$1,086,269$38,457,623
70$53,316,674$3,900,069$1,021,179$42,212,704
71$58,650,298$3,986,495$950,712$46,346,358
72$64,524,654$4,073,859$874,586$50,897,095
73$70,994,793$4,162,103$792,509$55,907,351
74$78,121,378$4,251,162$704,175$61,423,889
75$85,971,256$4,340,966$609,262$67,498,240
76$94,618,089$4,431,438$507,437$74,187,190
77$104,143,048$4,522,493$398,350$81,553,314
78$114,635,582$4,614,038$281,637$89,665,570
79$126,194,257$4,705,971$156,917$98,599,946
80$138,927,690$4,798,183$23,794$108,440,181
81$152,955,576$4,890,555$0$119,278,553
82$168,409,809$4,982,957$0$131,223,061
83$185,435,736$5,075,248$0$144,381,221
84$204,193,523$5,167,278$0$158,875,274
85$224,859,671$5,258,882$0$174,841,329
86$247,628,675$5,349,885$0$192,429,376
87$272,714,867$5,440,097$0$211,804,699
88$300,354,434$5,529,313$0$233,149,441
89$330,807,651$5,617,314$0$256,664,319
90$364,361,334$5,703,865$0$282,570,521
91$401,331,549$5,788,712$0$311,111,796
92$442,066,594$5,871,586$0$342,556,750
93$486,950,289$5,952,197$0$377,201,386
94$536,405,598$6,030,234$0$415,371,895
95$590,898,619$6,105,365$0$457,427,742
96$650,942,988$6,177,238$0$503,765,049
97$717,104,722$6,245,472$0$554,820,347
98$790,007,568$6,309,664$0$611,074,685
99$870,338,886$6,369,384$0$673,058,182
100$958,856,141$6,424,173$0$741,355,025