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%16.1%
1 years$112,308$111,307$110,331$109,379$108,448$105,741
2 years$55,598$54,562$53,559$52,586$51,642$48,931
3 years$36,697$35,657$34,656$33,692$32,764$30,135
4 years$27,248$26,212$25,221$24,273$23,367$20,840
5 years$21,581$20,550$19,572$18,644$17,764$15,345
6 years$17,804$16,781$15,817$14,910$14,056$11,749
7 years$15,107$14,093$13,144$12,258$11,431$9,236
8 years$13,085$12,080$11,147$10,283$9,483$7,398
9 years$11,513$10,518$9,601$8,759$7,986$6,010
10 years$10,257$9,271$8,371$7,550$6,805$4,935
11 years$9,229$8,253$7,369$6,571$5,852$4,086
12 years$8,374$7,408$6,540$5,764$5,071$3,406
13 years$7,650$6,694$5,843$5,088$4,422$2,855
14 years$7,031$6,085$5,250$4,517$3,877$2,403
15 years$6,494$5,559$4,740$4,028$3,413$2,030
16 years$6,025$5,100$4,298$3,607$3,017$1,720
17 years$5,612$4,697$3,911$3,241$2,675$1,461
18 years$5,245$4,340$3,570$2,921$2,378$1,244
19 years$4,917$4,022$3,268$2,639$2,120$1,060
20 years$4,622$3,738$2,999$2,390$1,893$906
21 years$4,356$3,482$2,759$2,169$1,694$774
22 years$4,114$3,250$2,543$1,972$1,519$663
23 years$3,893$3,040$2,348$1,796$1,363$568
24 years$3,692$2,848$2,171$1,638$1,225$487
25 years$3,506$2,673$2,011$1,496$1,103$418
26 years$3,335$2,512$1,865$1,368$993$358
27 years$3,178$2,364$1,732$1,252$896$308
28 years$3,031$2,228$1,610$1,147$808$265
29 years$2,895$2,101$1,498$1,052$730$227
30 years$2,768$1,985$1,396$966$659$195
31 years$2,650$1,876$1,301$887$596$168
32 years$2,539$1,775$1,214$815$539$145
33 years$2,436$1,681$1,133$749$488$124
34 years$2,338$1,593$1,059$690$442$107
35 years$2,246$1,511$990$635$400$92
36 years$2,160$1,434$926$585$363$79
37 years$2,078$1,362$867$539$329$68
38 years$2,001$1,295$812$496$298$59
39 years$1,928$1,231$761$458$270$51
40 years$1,859$1,171$713$422$245$44
41 years$1,794$1,115$668$390$222$37
42 years$1,731$1,062$627$360$202$32
43 years$1,672$1,012$588$332$183$28
44 years$1,616$964$552$306$166$24
45 years$1,562$920$519$283$151$21
46 years$1,511$877$487$261$137$18
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$10

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 $6,206 every year, while hoping to spend $55,694 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: 51/23/26 Blend
29$1,360,000$1,360,000$1,360,000$1,360,000
30$1,505,121$1,433,041$1,411,961$1,570,606
31$1,599,386$1,444,003$1,400,004$1,627,743
32$1,701,399$1,453,634$1,385,780$1,683,712
33$1,811,891$1,461,812$1,369,153$1,743,455
34$1,931,668$1,468,405$1,349,984$1,807,355
35$2,061,613$1,473,272$1,328,124$1,875,834
36$2,202,700$1,476,264$1,303,418$1,949,363
37$2,355,998$1,477,224$1,275,705$2,028,461
38$2,522,684$1,475,981$1,244,815$2,113,704
39$2,704,052$1,472,359$1,210,571$2,205,728
40$2,901,528$1,466,167$1,172,787$2,305,239
41$3,116,678$1,457,204$1,131,270$2,413,017
42$3,351,229$1,445,257$1,085,817$2,529,926
43$3,607,078$1,430,098$1,036,216$2,656,922
44$3,886,316$1,411,489$982,245$2,795,062
45$4,191,242$1,389,174$923,673$2,945,515
46$4,524,390$1,362,884$860,256$3,109,574
47$4,888,546$1,332,333$791,743$3,288,670
48$5,286,780$1,297,220$717,869$3,484,383
49$5,722,471$1,257,224$638,357$3,698,463
50$6,199,341$1,212,005$552,920$3,932,840
51$6,721,486$1,161,206$461,255$4,189,651
52$7,293,419$1,104,447$363,049$4,471,256
53$7,920,110$1,041,327$257,973$4,780,262
54$8,607,030$971,420$145,683$5,119,551
55$9,360,206$894,279$25,823$5,492,306
56$10,186,277$809,429$0$5,902,043
57$11,092,554$716,367$0$6,380,967
58$12,087,090$614,565$0$6,914,532
59$13,178,757$503,462$0$7,500,417
60$14,377,325$382,467$0$8,143,969
61$15,693,559$250,955$0$8,851,086
62$17,139,316$108,266$0$9,628,272
63$18,727,658$0$0$10,482,700
64$20,472,975$0$0$11,433,997
65$22,391,120$0$0$12,509,757
66$24,499,557$0$0$13,692,395
67$26,817,529$0$0$14,992,720
68$29,366,232$0$0$16,422,646
69$32,169,023$0$0$17,995,294
70$35,251,632$0$0$19,725,126
71$38,642,410$0$0$21,628,071
72$42,372,595$0$0$23,721,682
73$46,476,600$0$0$26,025,300
74$50,992,347$0$0$28,560,232
75$55,961,617$0$0$31,349,959
76$61,430,447$0$0$34,420,350
77$67,449,560$0$0$37,799,912
78$74,074,849$0$0$41,520,052
79$81,367,898$0$0$45,615,379
80$89,396,568$0$0$50,124,029
81$98,235,629$0$0$55,088,022
82$107,967,474$0$0$60,553,659
83$118,682,889$0$0$66,571,960
84$130,481,913$0$0$73,199,146
85$143,474,778$0$0$80,497,166
86$157,782,952$0$0$88,534,282
87$173,540,283$0$0$97,385,716
88$190,894,261$0$0$107,134,356
89$210,007,410$0$0$117,871,539
90$231,058,822$0$0$129,697,914
91$254,245,843$0$0$142,724,387
92$279,785,939$0$0$157,073,176
93$307,918,746$0$0$172,878,955
94$338,908,331$0$0$190,290,129
95$373,045,683$0$0$209,470,235
96$410,651,458$0$0$230,599,482
97$452,079,009$0$0$253,876,456
98$497,717,714$0$0$279,519,991
99$547,996,657$0$0$307,771,231
100$603,388,672$0$0$338,895,915