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%11%
1 years$112,308$111,307$110,331$109,379$108,448$107,991
2 years$55,598$54,562$53,559$52,586$51,642$51,181
3 years$36,697$35,657$34,656$33,692$32,764$32,312
4 years$27,248$26,212$25,221$24,273$23,367$22,929
5 years$21,581$20,550$19,572$18,644$17,764$17,340
6 years$17,804$16,781$15,817$14,910$14,056$13,648
7 years$15,107$14,093$13,144$12,258$11,431$11,038
8 years$13,085$12,080$11,147$10,283$9,483$9,106
9 years$11,513$10,518$9,601$8,759$7,986$7,624
10 years$10,257$9,271$8,371$7,550$6,805$6,458
11 years$9,229$8,253$7,369$6,571$5,852$5,521
12 years$8,374$7,408$6,540$5,764$5,071$4,755
13 years$7,650$6,694$5,843$5,088$4,422$4,120
14 years$7,031$6,085$5,250$4,517$3,877$3,588
15 years$6,494$5,559$4,740$4,028$3,413$3,139
16 years$6,025$5,100$4,298$3,607$3,017$2,756
17 years$5,612$4,697$3,911$3,241$2,675$2,427
18 years$5,245$4,340$3,570$2,921$2,378$2,143
19 years$4,917$4,022$3,268$2,639$2,120$1,897
20 years$4,622$3,738$2,999$2,390$1,893$1,682
21 years$4,356$3,482$2,759$2,169$1,694$1,494
22 years$4,114$3,250$2,543$1,972$1,519$1,330
23 years$3,893$3,040$2,348$1,796$1,363$1,185
24 years$3,692$2,848$2,171$1,638$1,225$1,057
25 years$3,506$2,673$2,011$1,496$1,103$944
26 years$3,335$2,512$1,865$1,368$993$844
27 years$3,178$2,364$1,732$1,252$896$755
28 years$3,031$2,228$1,610$1,147$808$676
29 years$2,895$2,101$1,498$1,052$730$605
30 years$2,768$1,985$1,396$966$659$543
31 years$2,650$1,876$1,301$887$596$487
32 years$2,539$1,775$1,214$815$539$437
33 years$2,436$1,681$1,133$749$488$392
34 years$2,338$1,593$1,059$690$442$352
35 years$2,246$1,511$990$635$400$316
36 years$2,160$1,434$926$585$363$284
37 years$2,078$1,362$867$539$329$255
38 years$2,001$1,295$812$496$298$230
39 years$1,928$1,231$761$458$270$206
40 years$1,859$1,171$713$422$245$186
41 years$1,794$1,115$668$390$222$167
42 years$1,731$1,062$627$360$202$150
43 years$1,672$1,012$588$332$183$135
44 years$1,616$964$552$306$166$122
45 years$1,562$920$519$283$151$109
46 years$1,511$877$487$261$137$99
47 years$1,462$837$458$242$124$89
48 years$1,415$799$430$223$113$80
49 years$1,371$763$404$206$103$72
50 years$1,328$729$380$191$93$65

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 $6,654 every year, while hoping to spend $41,649 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: 53/27/20 Blend
29$1,360,000$1,360,000$1,360,000$1,360,000
30$1,505,584$1,433,504$1,412,424$1,576,803
31$1,614,839$1,459,431$1,415,426$1,652,365
32$1,733,842$1,485,233$1,417,132$1,729,634
33$1,863,544$1,510,860$1,417,456$1,812,819
34$2,004,991$1,536,256$1,416,306$1,902,498
35$2,159,332$1,561,366$1,413,585$1,999,305
36$2,327,837$1,586,125$1,409,192$2,103,944
37$2,511,899$1,610,468$1,403,023$2,217,187
38$2,713,053$1,634,322$1,394,965$2,339,888
39$2,932,992$1,657,610$1,384,903$2,472,990
40$3,173,575$1,680,251$1,372,715$2,617,530
41$3,436,852$1,702,156$1,358,274$2,774,655
42$3,725,079$1,723,230$1,341,445$2,945,629
43$4,040,743$1,743,374$1,322,089$3,131,845
44$4,386,579$1,762,480$1,300,059$3,334,842
45$4,765,601$1,780,432$1,275,202$3,556,315
46$5,181,129$1,797,110$1,247,357$3,798,135
47$5,636,817$1,812,382$1,216,357$4,062,367
48$6,136,693$1,826,109$1,182,026$4,351,286
49$6,685,192$1,838,144$1,144,180$4,667,403
50$7,287,198$1,848,329$1,102,626$5,013,486
51$7,948,092$1,856,497$1,057,164$5,392,591
52$8,673,802$1,862,470$1,007,583$5,808,084
53$9,470,856$1,866,058$953,664$6,263,681
54$10,346,449$1,867,060$895,177$6,763,479
55$11,308,503$1,865,263$831,882$7,311,995
56$12,365,749$1,860,439$763,528$7,914,212
57$13,527,802$1,852,347$689,854$8,575,625
58$14,805,259$1,840,733$610,584$9,302,293
59$16,209,791$1,825,325$525,435$10,100,898
60$17,754,258$1,805,835$434,106$10,978,808
61$19,452,831$1,781,958$336,286$11,944,148
62$21,321,118$1,753,373$231,650$13,005,878
63$23,376,319$1,719,736$119,858$14,173,874
64$25,637,386$1,680,684$555$15,459,031
65$28,125,196$1,635,835$0$16,873,357
66$30,862,756$1,584,781$0$18,457,146
67$33,875,415$1,527,093$0$20,199,832
68$37,191,101$1,462,314$0$22,117,478
69$40,840,589$1,389,963$0$24,227,923
70$44,857,789$1,309,532$0$26,550,826
71$49,280,065$1,220,480$0$29,107,858
72$54,148,586$1,122,238$0$31,922,901
73$59,508,719$1,014,204$0$35,022,280
74$65,410,449$895,741$0$38,435,011
75$71,908,859$766,177$0$42,193,073
76$79,064,642$624,799$0$46,331,712
77$86,944,680$470,859$0$50,889,779
78$95,622,668$303,561$0$55,910,089
79$105,179,814$122,070$0$61,439,837
80$115,705,604$0$0$67,531,034
81$127,298,644$0$0$74,263,143
82$140,067,592$0$0$81,718,237
83$154,132,185$0$0$89,929,980
84$169,624,363$0$0$98,975,429
85$186,689,521$0$0$108,939,500
86$205,487,874$0$0$119,915,767
87$226,195,973$0$0$132,007,343
88$249,008,372$0$0$145,327,855
89$274,139,458$0$0$160,002,516
90$301,825,480$0$0$176,169,306
91$332,326,776$0$0$193,980,274
92$365,930,230$0$0$213,602,975
93$402,951,979$0$0$235,222,047
94$443,740,397$0$0$259,040,959
95$488,679,385$0$0$285,283,927
96$538,191,989$0$0$314,198,033
97$592,744,400$0$0$346,055,555
98$652,850,346$0$0$381,156,538
99$719,075,949$0$0$419,831,625
100$792,045,061$0$0$462,445,181