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%18.8%
1 years$111,482$110,489$109,520$108,574$107,651$103,831
2 years$55,189$54,161$53,165$52,199$51,262$47,455
3 years$36,427$35,395$34,401$33,445$32,523$28,847
4 years$27,048$26,019$25,035$24,095$23,196$19,680
5 years$21,422$20,399$19,428$18,507$17,633$14,286
6 years$17,673$16,657$15,701$14,800$13,952$10,777
7 years$14,996$13,989$13,048$12,168$11,347$8,343
8 years$12,989$11,991$11,065$10,208$9,413$6,578
9 years$11,429$10,440$9,531$8,695$7,927$5,257
10 years$10,181$9,203$8,309$7,495$6,755$4,244
11 years$9,161$8,193$7,315$6,523$5,809$3,453
12 years$8,312$7,353$6,492$5,721$5,034$2,828
13 years$7,594$6,645$5,800$5,051$4,390$2,327
14 years$6,979$6,040$5,211$4,484$3,848$1,922
15 years$6,446$5,518$4,705$3,999$3,388$1,593
16 years$5,981$5,063$4,266$3,580$2,994$1,324
17 years$5,571$4,662$3,882$3,217$2,655$1,103
18 years$5,206$4,308$3,544$2,899$2,361$920
19 years$4,881$3,993$3,244$2,620$2,104$769
20 years$4,588$3,710$2,977$2,373$1,880$643
21 years$4,324$3,456$2,738$2,153$1,682$538
22 years$4,084$3,226$2,524$1,958$1,508$451
23 years$3,865$3,017$2,330$1,783$1,353$378
24 years$3,665$2,827$2,155$1,626$1,216$318
25 years$3,481$2,653$1,996$1,485$1,095$267
26 years$3,311$2,493$1,851$1,358$986$224
27 years$3,154$2,347$1,719$1,243$889$188
28 years$3,009$2,211$1,598$1,139$802$158
29 years$2,874$2,086$1,487$1,044$724$133
30 years$2,748$1,970$1,385$958$654$112
31 years$2,631$1,862$1,291$880$592$94
32 years$2,521$1,762$1,205$809$535$79
33 years$2,418$1,669$1,125$744$484$67
34 years$2,321$1,582$1,051$684$439$56
35 years$2,230$1,500$983$630$397$47
36 years$2,144$1,424$919$580$360$40
37 years$2,063$1,352$861$535$326$33
38 years$1,987$1,285$806$493$296$28
39 years$1,914$1,222$755$454$268$24
40 years$1,846$1,163$708$419$243$20
41 years$1,781$1,107$664$387$221$17
42 years$1,719$1,054$622$357$200$14
43 years$1,660$1,004$584$329$182$12
44 years$1,604$957$548$304$165$10
45 years$1,551$913$515$281$150$8
46 years$1,500$871$484$259$136$7
47 years$1,451$831$454$240$123$6
48 years$1,405$793$427$222$112$5
49 years$1,361$758$401$205$102$4
50 years$1,318$724$377$189$92$4

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 $3,902 every year, while hoping to spend $58,176 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: 80/7/13 Blend
29$1,350,000$1,350,000$1,350,000$1,350,000
30$1,491,725$1,420,175$1,399,250$1,607,025
31$1,581,982$1,427,865$1,384,226$1,691,034
32$1,679,496$1,433,981$1,366,749$1,775,277
33$1,784,944$1,438,387$1,346,675$1,866,047
34$1,899,074$1,440,933$1,323,854$1,963,970
35$2,022,705$1,441,464$1,298,129$2,069,737
36$2,156,740$1,439,815$1,269,335$2,184,110
37$2,302,168$1,435,807$1,237,299$2,307,925
38$2,460,082$1,429,254$1,201,841$2,442,106
39$2,631,681$1,419,958$1,162,773$2,587,673
40$2,818,284$1,407,707$1,119,897$2,745,745
41$3,021,343$1,392,279$1,073,008$2,917,559
42$3,242,454$1,373,435$1,021,888$3,104,477
43$3,483,377$1,350,926$966,314$3,308,000
44$3,746,045$1,324,485$906,049$3,529,783
45$4,032,587$1,293,830$840,847$3,771,648
46$4,345,346$1,258,663$770,451$4,035,605
47$4,686,902$1,218,668$694,591$4,323,869
48$5,060,094$1,173,511$612,988$4,638,882
49$5,468,049$1,122,838$525,348$4,983,334
50$5,914,207$1,066,274$431,364$5,360,191
51$6,402,358$1,003,423$330,717$5,772,722
52$6,936,675$933,868$223,073$6,224,530
53$7,521,753$857,164$108,083$6,719,587
54$8,162,651$772,844$0$7,262,270
55$8,864,942$680,414$0$7,859,436
56$9,634,761$579,350$0$8,530,503
57$10,478,869$469,100$0$9,266,382
58$11,404,708$349,081$0$10,073,593
59$12,420,479$218,676$0$10,959,318
60$13,535,211$77,235$0$11,931,471
61$14,758,854$0$0$12,998,772
62$16,102,364$0$0$14,176,676
63$17,577,812$0$0$15,476,827
64$19,198,496$0$0$16,904,999
65$20,979,063$0$0$18,474,105
66$22,935,652$0$0$20,198,371
67$25,086,039$0$0$22,093,469
68$27,449,811$0$0$24,176,665
69$30,048,545$0$0$26,466,981
70$32,906,013$0$0$28,985,375
71$36,048,408$0$0$31,754,937
72$39,504,586$0$0$34,801,105
73$43,306,339$0$0$38,151,907
74$47,488,699$0$0$41,838,226
75$52,090,260$0$0$45,894,086
76$57,153,548$0$0$50,356,978
77$62,725,419$0$0$55,268,207
78$68,857,501$0$0$60,673,289
79$75,606,679$0$0$66,622,373
80$83,035,633$0$0$73,170,716
81$91,213,428$0$0$80,379,205
82$100,216,166$0$0$88,314,929
83$110,127,700$0$0$97,051,815
84$121,040,429$0$0$106,671,319
85$133,056,167$0$0$117,263,199
86$146,287,104$0$0$128,926,361
87$160,856,861$0$0$141,769,788
88$176,901,660$0$0$155,913,572
89$194,571,607$0$0$171,490,044
90$214,032,106$0$0$188,645,026
91$235,465,424$0$0$207,539,200
92$259,072,405$0$0$228,349,630
93$285,074,367$0$0$251,271,428
94$313,715,191$0$0$276,519,600
95$345,263,622$0$0$304,331,067
96$380,015,800$0$0$334,966,908
97$418,298,063$0$0$368,714,818
98$460,470,017$0$0$405,891,825
99$506,927,936$0$0$446,847,281
100$558,108,496$0$0$491,966,161