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

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 $1,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$112,308$111,307$110,331$109,379$108,448$106,872
2 years$55,598$54,562$53,559$52,586$51,642$50,057
3 years$36,697$35,657$34,656$33,692$32,764$31,220
4 years$27,248$26,212$25,221$24,273$23,367$21,876
5 years$21,581$20,550$19,572$18,644$17,764$16,329
6 years$17,804$16,781$15,817$14,910$14,056$12,680
7 years$15,107$14,093$13,144$12,258$11,431$10,114
8 years$13,085$12,080$11,147$10,283$9,483$8,226
9 years$11,513$10,518$9,601$8,759$7,986$6,787
10 years$10,257$9,271$8,371$7,550$6,805$5,663
11 years$9,229$8,253$7,369$6,571$5,852$4,767
12 years$8,374$7,408$6,540$5,764$5,071$4,041
13 years$7,650$6,694$5,843$5,088$4,422$3,446
14 years$7,031$6,085$5,250$4,517$3,877$2,952
15 years$6,494$5,559$4,740$4,028$3,413$2,539
16 years$6,025$5,100$4,298$3,607$3,017$2,191
17 years$5,612$4,697$3,911$3,241$2,675$1,896
18 years$5,245$4,340$3,570$2,921$2,378$1,645
19 years$4,917$4,022$3,268$2,639$2,120$1,430
20 years$4,622$3,738$2,999$2,390$1,893$1,245
21 years$4,356$3,482$2,759$2,169$1,694$1,086
22 years$4,114$3,250$2,543$1,972$1,519$948
23 years$3,893$3,040$2,348$1,796$1,363$829
24 years$3,692$2,848$2,171$1,638$1,225$725
25 years$3,506$2,673$2,011$1,496$1,103$635
26 years$3,335$2,512$1,865$1,368$993$557
27 years$3,178$2,364$1,732$1,252$896$488
28 years$3,031$2,228$1,610$1,147$808$429
29 years$2,895$2,101$1,498$1,052$730$376
30 years$2,768$1,985$1,396$966$659$330
31 years$2,650$1,876$1,301$887$596$290
32 years$2,539$1,775$1,214$815$539$255
33 years$2,436$1,681$1,133$749$488$224
34 years$2,338$1,593$1,059$690$442$197
35 years$2,246$1,511$990$635$400$174
36 years$2,160$1,434$926$585$363$153
37 years$2,078$1,362$867$539$329$134
38 years$2,001$1,295$812$496$298$118
39 years$1,928$1,231$761$458$270$104
40 years$1,859$1,171$713$422$245$92
41 years$1,794$1,115$668$390$222$81
42 years$1,731$1,062$627$360$202$71
43 years$1,672$1,012$588$332$183$63
44 years$1,616$964$552$306$166$55
45 years$1,562$920$519$283$151$49
46 years$1,511$877$487$261$137$43
47 years$1,462$837$458$242$124$38
48 years$1,415$799$430$223$113$33
49 years$1,371$763$404$206$103$29
50 years$1,328$729$380$191$93$26

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 $4,196 every year, while hoping to spend $25,340 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: 59/22/19 Blend
29$1,360,000$1,360,000$1,360,000$1,360,000
30$1,503,048$1,430,968$1,409,888$1,584,009
31$1,629,398$1,474,124$1,430,158$1,682,518
32$1,767,785$1,518,545$1,450,257$1,786,759
33$1,919,412$1,564,267$1,470,154$1,899,870
34$2,085,602$1,611,326$1,489,814$2,022,714
35$2,267,811$1,659,758$1,509,200$2,156,238
36$2,467,643$1,709,602$1,528,274$2,301,488
37$2,686,867$1,760,897$1,546,995$2,459,614
38$2,927,429$1,813,682$1,565,321$2,631,882
39$3,191,472$1,867,998$1,583,205$2,819,686
40$3,481,360$1,923,888$1,600,600$3,024,563
41$3,799,694$1,981,393$1,617,455$3,248,205
42$4,149,339$2,040,558$1,633,716$3,492,474
43$4,533,454$2,101,427$1,649,328$3,759,423
44$4,955,516$2,164,047$1,664,230$4,051,313
45$5,419,357$2,228,464$1,678,360$4,370,632
46$5,929,199$2,294,726$1,691,653$4,720,125
47$6,489,693$2,362,883$1,704,039$5,102,813
48$7,105,962$2,432,985$1,715,445$5,522,024
49$7,783,652$2,505,083$1,725,794$5,981,427
50$8,528,982$2,579,229$1,735,005$6,485,060
51$9,348,804$2,655,478$1,742,994$7,037,376
52$10,250,669$2,733,883$1,749,671$7,643,279
53$11,242,895$2,814,502$1,754,944$8,308,171
54$12,334,649$2,897,390$1,758,712$9,038,006
55$13,536,028$2,982,607$1,760,874$9,839,343
56$14,858,159$3,070,212$1,761,320$10,719,410
57$16,313,304$3,160,265$1,759,937$11,686,169
58$17,914,972$3,252,828$1,756,605$12,748,396
59$19,678,047$3,347,965$1,751,200$13,915,759
60$21,618,933$3,445,740$1,743,590$15,198,910
61$23,755,701$3,546,218$1,733,637$16,609,590
62$26,108,266$3,649,467$1,721,197$18,160,732
63$28,698,571$3,755,553$1,706,119$19,866,590
64$31,550,796$3,864,546$1,688,245$21,742,870
65$34,691,585$3,976,516$1,667,409$23,806,880
66$38,150,296$4,091,535$1,643,437$26,077,690
67$41,959,281$4,209,675$1,616,147$28,576,316
68$46,154,189$4,331,010$1,585,349$31,325,916
69$50,774,302$4,455,615$1,550,843$34,352,008
70$55,862,906$4,583,566$1,512,422$37,682,715
71$61,467,701$4,714,939$1,469,867$41,349,023
72$67,641,249$4,849,814$1,422,950$45,385,081
73$74,441,470$4,988,268$1,371,433$49,828,519
74$81,932,189$5,130,382$1,315,065$54,720,804
75$90,183,739$5,276,237$1,253,585$60,107,634
76$99,273,622$5,425,915$1,186,723$66,039,365
77$109,287,245$5,579,498$1,114,191$72,571,488
78$120,318,719$5,737,069$1,035,692$79,765,156
79$132,471,756$5,898,713$950,915$87,687,756
80$145,860,639$6,064,514$859,535$96,413,551
81$160,611,307$6,234,557$761,211$106,024,375
82$176,862,538$6,408,928$655,590$116,610,411
83$194,767,264$6,587,713$542,300$128,271,039
84$214,494,012$6,770,998$420,954$141,115,776
85$236,228,494$6,958,869$291,148$155,265,309
86$260,175,360$7,151,413$152,461$170,852,635
87$286,560,130$7,348,716$4,452$188,024,316
88$315,631,324$7,550,864$0$206,941,865
89$347,662,804$7,757,941$0$227,814,386
90$382,956,363$7,970,034$0$250,809,888
91$421,844,572$8,187,225$0$276,143,717
92$464,693,918$8,409,599$0$304,054,175
93$511,908,265$8,637,237$0$334,803,863
94$563,932,666$8,870,219$0$368,682,164
95$621,257,563$9,108,625$0$406,007,971
96$684,423,419$9,352,532$0$447,132,700
97$754,025,815$9,602,013$0$492,443,603
98$830,721,079$9,857,143$0$542,367,425
99$915,232,476$10,117,989$0$597,374,436
100$1,008,357,037$10,384,620$0$657,982,863