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%12.9%
1 years$111,482$110,489$109,520$108,574$107,651$106,350
2 years$55,189$54,161$53,165$52,199$51,262$49,953
3 years$36,427$35,395$34,401$33,445$32,523$31,246
4 years$27,048$26,019$25,035$24,095$23,196$21,961
5 years$21,422$20,399$19,428$18,507$17,633$16,444
6 years$17,673$16,657$15,701$14,800$13,952$12,811
7 years$14,996$13,989$13,048$12,168$11,347$10,253
8 years$12,989$11,991$11,065$10,208$9,413$8,367
9 years$11,429$10,440$9,531$8,695$7,927$6,928
10 years$10,181$9,203$8,309$7,495$6,755$5,802
11 years$9,161$8,193$7,315$6,523$5,809$4,902
12 years$8,312$7,353$6,492$5,721$5,034$4,172
13 years$7,594$6,645$5,800$5,051$4,390$3,571
14 years$6,979$6,040$5,211$4,484$3,848$3,072
15 years$6,446$5,518$4,705$3,999$3,388$2,653
16 years$5,981$5,063$4,266$3,580$2,994$2,299
17 years$5,571$4,662$3,882$3,217$2,655$1,998
18 years$5,206$4,308$3,544$2,899$2,361$1,741
19 years$4,881$3,993$3,244$2,620$2,104$1,520
20 years$4,588$3,710$2,977$2,373$1,880$1,329
21 years$4,324$3,456$2,738$2,153$1,682$1,164
22 years$4,084$3,226$2,524$1,958$1,508$1,022
23 years$3,865$3,017$2,330$1,783$1,353$897
24 years$3,665$2,827$2,155$1,626$1,216$789
25 years$3,481$2,653$1,996$1,485$1,095$694
26 years$3,311$2,493$1,851$1,358$986$611
27 years$3,154$2,347$1,719$1,243$889$539
28 years$3,009$2,211$1,598$1,139$802$475
29 years$2,874$2,086$1,487$1,044$724$419
30 years$2,748$1,970$1,385$958$654$370
31 years$2,631$1,862$1,291$880$592$327
32 years$2,521$1,762$1,205$809$535$289
33 years$2,418$1,669$1,125$744$484$255
34 years$2,321$1,582$1,051$684$439$225
35 years$2,230$1,500$983$630$397$199
36 years$2,144$1,424$919$580$360$176
37 years$2,063$1,352$861$535$326$156
38 years$1,987$1,285$806$493$296$138
39 years$1,914$1,222$755$454$268$122
40 years$1,846$1,163$708$419$243$108
41 years$1,781$1,107$664$387$221$95
42 years$1,719$1,054$622$357$200$84
43 years$1,660$1,004$584$329$182$75
44 years$1,604$957$548$304$165$66
45 years$1,551$913$515$281$150$59
46 years$1,500$871$484$259$136$52
47 years$1,451$831$454$240$123$46
48 years$1,405$793$427$222$112$41
49 years$1,361$758$401$205$102$36
50 years$1,318$724$377$189$92$32

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 $3,815 every year, while hoping to spend $52,488 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: 79/6/15 Blend
29$1,350,000$1,350,000$1,350,000$1,350,000
30$1,491,635$1,420,085$1,399,160$1,604,524
31$1,587,935$1,433,823$1,390,185$1,693,128
32$1,692,299$1,446,474$1,379,150$1,783,226
33$1,805,492$1,457,930$1,365,931$1,880,603
34$1,928,360$1,468,077$1,350,398$1,985,965
35$2,061,830$1,476,789$1,332,413$2,100,092
36$2,206,922$1,483,938$1,311,834$2,223,843
37$2,364,759$1,489,382$1,288,512$2,358,162
38$2,536,577$1,492,974$1,262,289$2,504,091
39$2,723,734$1,494,556$1,233,002$2,662,780
40$2,927,727$1,493,961$1,200,480$2,835,492
41$3,150,202$1,491,011$1,164,542$3,023,623
42$3,392,970$1,485,518$1,125,002$3,228,709
43$3,658,026$1,477,282$1,081,663$3,452,443
44$3,947,565$1,466,089$1,034,319$3,696,693
45$4,264,005$1,451,716$982,757$3,963,514
46$4,610,005$1,433,922$926,751$4,255,173
47$4,988,497$1,412,455$866,069$4,574,170
48$5,402,705$1,387,047$800,464$4,923,258
49$5,856,182$1,357,414$729,680$5,305,471
50$6,352,840$1,323,254$653,451$5,724,156
51$6,896,985$1,284,249$571,498$6,182,999
52$7,493,362$1,240,062$483,527$6,686,064
53$8,147,195$1,190,335$389,236$7,237,830
54$8,864,239$1,134,691$288,305$7,843,233
55$9,650,831$1,072,731$180,403$8,507,715
56$10,513,953$1,004,032$65,183$9,237,273
57$11,461,293$928,146$0$10,038,518
58$12,501,322$844,602$0$10,927,982
59$13,643,369$752,900$0$11,916,184
60$14,897,713$652,513$0$13,001,594
61$16,275,676$542,882$0$14,194,033
62$17,789,730$423,418$0$15,504,323
63$19,453,617$293,500$0$16,944,387
64$21,282,475$152,470$0$18,527,362
65$23,292,980$0$0$20,267,723
66$25,503,508$0$0$22,181,443
67$27,934,300$0$0$24,296,968
68$30,607,660$0$0$26,623,647
69$33,548,162$0$0$29,182,871
70$36,782,877$0$0$31,998,210
71$40,341,637$0$0$35,095,632
72$44,257,308$0$0$38,503,750
73$48,566,103$0$0$42,254,089
74$53,307,924$0$0$46,381,386
75$58,526,735$0$0$50,923,914
76$64,270,979$0$0$55,923,847
77$70,594,033$0$0$61,427,652
78$77,554,712$0$0$67,486,532
79$85,217,824$0$0$74,156,905
80$93,654,777$0$0$81,500,939
81$102,944,258$0$0$89,587,135
82$113,172,973$0$0$98,490,976
83$124,436,461$0$0$108,295,637
84$136,840,000$0$0$119,092,768
85$150,499,597$0$0$130,983,362
86$165,543,084$0$0$144,078,705
87$182,111,320$0$0$158,501,427
88$200,359,527$0$0$174,386,657
89$220,458,745$0$0$191,883,301
90$242,597,454$0$0$211,155,442
91$266,983,346$0$0$232,383,893
92$293,845,289$0$0$255,767,900
93$323,435,485$0$0$281,527,023
94$356,031,846$0$0$309,903,206
95$391,940,624$0$0$341,163,063
96$431,499,293$0$0$375,600,392
97$475,079,739$0$0$413,538,947
98$523,091,767$0$0$455,335,496
99$575,986,970$0$0$501,383,183
100$634,262,989$0$0$552,115,243