Can I retire at age 30 with 1,360,000?

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 $1,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$112,308$111,307$110,331$109,379$108,448$105,698
2 years$55,598$54,562$53,559$52,586$51,642$48,889
3 years$36,697$35,657$34,656$33,692$32,764$30,094
4 years$27,248$26,212$25,221$24,273$23,367$20,802
5 years$21,581$20,550$19,572$18,644$17,764$15,309
6 years$17,804$16,781$15,817$14,910$14,056$11,714
7 years$15,107$14,093$13,144$12,258$11,431$9,203
8 years$13,085$12,080$11,147$10,283$9,483$7,368
9 years$11,513$10,518$9,601$8,759$7,986$5,982
10 years$10,257$9,271$8,371$7,550$6,805$4,909
11 years$9,229$8,253$7,369$6,571$5,852$4,062
12 years$8,374$7,408$6,540$5,764$5,071$3,384
13 years$7,650$6,694$5,843$5,088$4,422$2,834
14 years$7,031$6,085$5,250$4,517$3,877$2,384
15 years$6,494$5,559$4,740$4,028$3,413$2,013
16 years$6,025$5,100$4,298$3,607$3,017$1,704
17 years$5,612$4,697$3,911$3,241$2,675$1,446
18 years$5,245$4,340$3,570$2,921$2,378$1,230
19 years$4,917$4,022$3,268$2,639$2,120$1,048
20 years$4,622$3,738$2,999$2,390$1,893$894
21 years$4,356$3,482$2,759$2,169$1,694$764
22 years$4,114$3,250$2,543$1,972$1,519$654
23 years$3,893$3,040$2,348$1,796$1,363$560
24 years$3,692$2,848$2,171$1,638$1,225$479
25 years$3,506$2,673$2,011$1,496$1,103$411
26 years$3,335$2,512$1,865$1,368$993$352
27 years$3,178$2,364$1,732$1,252$896$302
28 years$3,031$2,228$1,610$1,147$808$260
29 years$2,895$2,101$1,498$1,052$730$223
30 years$2,768$1,985$1,396$966$659$192
31 years$2,650$1,876$1,301$887$596$165
32 years$2,539$1,775$1,214$815$539$141
33 years$2,436$1,681$1,133$749$488$122
34 years$2,338$1,593$1,059$690$442$105
35 years$2,246$1,511$990$635$400$90
36 years$2,160$1,434$926$585$363$77
37 years$2,078$1,362$867$539$329$66
38 years$2,001$1,295$812$496$298$57
39 years$1,928$1,231$761$458$270$49
40 years$1,859$1,171$713$422$245$42
41 years$1,794$1,115$668$390$222$36
42 years$1,731$1,062$627$360$202$31
43 years$1,672$1,012$588$332$183$27
44 years$1,616$964$552$306$166$23
45 years$1,562$920$519$283$151$20
46 years$1,511$877$487$261$137$17
47 years$1,462$837$458$242$124$15
48 years$1,415$799$430$223$113$13
49 years$1,371$763$404$206$103$11
50 years$1,328$729$380$191$93$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,360,000, adding $5,311 every year, while hoping to spend $30,058 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: 56/37/7 Blend
29$1,360,000$1,360,000$1,360,000$1,360,000
30$1,504,198$1,432,118$1,411,038$1,585,775
31$1,625,645$1,470,311$1,426,327$1,679,559
32$1,758,472$1,509,367$1,441,120$1,777,836
33$1,903,808$1,549,298$1,455,369$1,884,136
34$2,062,897$1,590,114$1,469,024$1,999,226
35$2,237,106$1,631,824$1,482,031$2,123,950
36$2,427,945$1,674,437$1,494,333$2,259,238
37$2,637,073$1,717,962$1,505,870$2,406,114
38$2,866,319$1,762,406$1,516,581$2,565,706
39$3,117,696$1,807,776$1,526,399$2,739,252
40$3,393,422$1,854,079$1,535,255$2,928,121
41$3,695,940$1,901,318$1,543,075$3,133,815
42$4,027,942$1,949,498$1,549,784$3,357,992
43$4,392,391$1,998,623$1,555,301$3,602,476
44$4,792,552$2,048,692$1,559,540$3,869,278
45$5,232,022$2,099,708$1,562,414$4,160,609
46$5,714,762$2,151,668$1,563,830$4,478,908
47$6,245,138$2,204,569$1,563,688$4,826,860
48$6,827,958$2,258,409$1,561,887$5,207,425
49$7,468,518$2,313,179$1,558,319$5,623,860
50$8,172,655$2,368,873$1,552,871$6,079,756
51$8,946,798$2,425,480$1,545,424$6,579,068
52$9,798,030$2,482,987$1,535,854$7,126,153
53$10,734,156$2,541,380$1,524,032$7,725,814
54$11,763,773$2,600,641$1,509,820$8,383,339
55$12,896,355$2,660,750$1,493,077$9,104,556
56$14,142,340$2,721,684$1,473,652$9,895,888
57$15,513,228$2,783,416$1,451,389$10,764,410
58$17,021,691$2,845,916$1,426,123$11,717,917
59$18,681,689$2,909,152$1,397,684$12,765,002
60$20,508,606$2,973,085$1,365,891$13,915,130
61$22,519,392$3,037,675$1,330,557$15,178,731
62$24,732,724$3,102,875$1,291,485$16,567,301
63$27,169,181$3,168,635$1,248,469$18,093,503
64$29,851,439$3,234,899$1,201,294$19,771,295
65$32,804,484$3,301,607$1,149,735$21,616,057
66$36,055,848$3,368,692$1,093,557$23,644,736
67$39,635,867$3,436,082$1,032,515$25,876,009
68$43,577,972$3,503,696$966,351$28,330,457
69$47,918,998$3,571,450$894,796$31,030,757
70$52,699,535$3,639,250$817,571$34,001,905
71$57,964,310$3,706,996$734,382$37,271,440
72$63,762,609$3,774,577$644,923$40,869,715
73$70,148,741$3,841,878$548,874$44,830,177
74$77,182,553$3,908,770$445,901$49,189,683
75$84,929,990$3,975,117$335,656$53,988,854
76$93,463,723$4,040,771$217,774$59,272,452
77$102,863,829$4,105,576$91,876$65,089,805
78$113,218,551$4,169,360$0$71,495,276
79$124,625,126$4,231,941$0$78,551,945
80$137,190,708$4,293,126$0$86,330,188
81$151,033,374$4,352,703$0$94,895,922
82$166,283,243$4,410,450$0$104,329,359
83$183,083,699$4,466,127$0$114,718,892
84$201,592,747$4,519,479$0$126,161,930
85$221,984,506$4,570,232$0$138,765,819
86$244,450,847$4,618,095$0$152,648,853
87$269,203,209$4,662,757$0$167,941,393
88$296,474,590$4,703,885$0$184,787,102
89$326,521,751$4,741,128$0$203,344,291
90$359,627,634$4,774,109$0$223,787,427
91$396,104,039$4,802,426$0$246,308,770
92$436,294,560$4,825,654$0$271,120,194
93$480,577,834$4,843,340$0$298,455,187
94$529,371,110$4,855,000$0$328,571,056
95$583,134,192$4,860,124$0$361,751,355
96$642,373,776$4,858,167$0$398,308,565
97$707,648,234$4,848,550$0$438,587,046
98$779,572,886$4,830,661$0$482,966,285
99$858,825,805$4,803,847$0$531,864,481
100$946,154,220$4,767,420$0$585,742,498