Can I retire at age 30 with 1,370,000?

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 $1,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$113,133$112,126$111,142$110,183$109,246$107,881
2 years$56,007$54,964$53,953$52,972$52,022$50,648
3 years$36,967$35,919$34,911$33,940$33,005$31,665
4 years$27,449$26,404$25,406$24,452$23,539$22,244
5 years$21,740$20,701$19,716$18,781$17,894$16,648
6 years$17,935$16,904$15,934$15,020$14,159$12,962
7 years$15,218$14,196$13,241$12,348$11,515$10,368
8 years$13,181$12,169$11,229$10,359$9,553$8,456
9 years$11,598$10,595$9,672$8,823$8,045$6,998
10 years$10,332$9,339$8,432$7,606$6,855$5,857
11 years$9,297$8,314$7,424$6,619$5,895$4,945
12 years$8,435$7,462$6,588$5,806$5,109$4,206
13 years$7,706$6,744$5,886$5,126$4,455$3,598
14 years$7,082$6,130$5,289$4,550$3,905$3,093
15 years$6,542$5,600$4,775$4,058$3,438$2,669
16 years$6,070$5,138$4,329$3,633$3,039$2,311
17 years$5,653$4,732$3,939$3,265$2,694$2,007
18 years$5,284$4,372$3,596$2,942$2,396$1,748
19 years$4,953$4,052$3,292$2,658$2,135$1,525
20 years$4,656$3,765$3,021$2,408$1,907$1,333
21 years$4,388$3,507$2,779$2,185$1,707$1,167
22 years$4,144$3,274$2,561$1,987$1,530$1,023
23 years$3,922$3,062$2,365$1,809$1,373$897
24 years$3,719$2,869$2,187$1,650$1,234$788
25 years$3,532$2,692$2,026$1,507$1,111$693
26 years$3,360$2,530$1,879$1,378$1,001$610
27 years$3,201$2,381$1,745$1,261$902$537
28 years$3,053$2,244$1,622$1,156$814$473
29 years$2,916$2,117$1,509$1,060$735$417
30 years$2,789$1,999$1,406$973$664$368
31 years$2,670$1,890$1,311$893$600$325
32 years$2,558$1,788$1,223$821$543$287
33 years$2,453$1,693$1,142$755$492$253
34 years$2,355$1,605$1,067$695$445$223
35 years$2,263$1,522$997$639$403$197
36 years$2,176$1,445$933$589$365$174
37 years$2,094$1,372$873$543$331$154
38 years$2,016$1,304$818$500$300$136
39 years$1,943$1,240$766$461$272$120
40 years$1,873$1,180$718$425$247$106
41 years$1,807$1,123$673$392$224$94
42 years$1,744$1,070$632$362$203$83
43 years$1,685$1,019$593$334$184$74
44 years$1,628$972$556$309$167$65
45 years$1,574$926$522$285$152$58
46 years$1,522$884$491$263$138$51
47 years$1,473$843$461$243$125$45
48 years$1,426$805$433$225$114$40
49 years$1,381$769$407$208$103$35
50 years$1,338$734$383$192$94$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,370,000, adding $4,749 every year, while hoping to spend $45,840 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: 65/17/18 Blend
29$1,370,000$1,370,000$1,370,000$1,370,000
30$1,514,639$1,442,029$1,420,794$1,606,008
31$1,620,358$1,463,915$1,419,617$1,689,748
32$1,735,325$1,485,337$1,416,864$1,775,531
33$1,860,434$1,506,224$1,412,435$1,868,175
34$1,996,669$1,526,499$1,406,222$1,968,352
35$2,145,114$1,546,082$1,398,115$2,076,803
36$2,306,961$1,564,886$1,387,997$2,194,345
37$2,483,522$1,582,817$1,375,746$2,321,879
38$2,676,242$1,599,775$1,361,235$2,460,398
39$2,886,710$1,615,656$1,344,328$2,610,998
40$3,116,677$1,630,346$1,324,886$2,774,885
41$3,368,070$1,643,725$1,302,761$2,953,391
42$3,643,010$1,655,664$1,277,800$3,147,985
43$3,943,833$1,666,027$1,249,842$3,360,286
44$4,273,111$1,674,669$1,218,719$3,592,079
45$4,633,675$1,681,435$1,184,253$3,845,332
46$5,028,646$1,686,161$1,146,261$4,122,216
47$5,461,457$1,688,673$1,104,550$4,425,124
48$5,935,891$1,688,783$1,058,919$4,756,696
49$6,456,115$1,686,297$1,009,155$5,119,841
50$7,026,717$1,681,003$955,040$5,517,768
51$7,652,750$1,672,680$896,342$5,954,016
52$8,339,782$1,661,093$832,821$6,432,484
53$9,093,945$1,645,991$764,225$6,957,474
54$9,921,992$1,627,110$690,291$7,533,729
55$10,831,365$1,604,168$610,746$8,166,476
56$11,830,260$1,576,868$525,302$8,861,482
57$12,927,706$1,544,894$433,659$9,625,102
58$14,133,650$1,507,913$335,505$10,464,343
59$15,459,052$1,465,569$230,513$11,386,931
60$16,915,983$1,417,490$118,343$12,401,386
61$18,517,744$1,363,278$0$13,517,096
62$20,278,990$1,302,515$0$14,744,677
63$22,215,864$1,234,755$0$16,119,553
64$24,346,155$1,159,531$0$17,631,628
65$26,689,460$1,076,345$0$19,294,853
66$29,267,372$984,673$0$21,124,599
67$32,103,682$883,960$0$23,137,808
68$35,224,603$773,620$0$25,353,152
69$38,659,019$653,033$0$27,791,210
70$42,438,751$521,544$0$30,474,658
71$46,598,867$378,463$0$33,428,491
72$51,178,003$223,059$0$36,680,253
73$56,218,731$54,560$0$40,260,300
74$61,767,961$0$0$44,202,090
75$67,877,383$0$0$48,566,408
76$74,603,952$0$0$53,382,944
77$82,010,428$0$0$58,686,443
78$90,165,966$0$0$64,526,439
79$99,146,769$0$0$70,957,516
80$109,036,806$0$0$78,039,818
81$119,928,604$0$0$85,839,621
82$131,924,123$0$0$94,429,955
83$145,135,712$0$0$103,891,297
84$159,687,176$0$0$114,312,324
85$175,714,939$0$0$125,790,756
86$193,369,334$0$0$138,434,272
87$212,816,019$0$0$152,361,533
88$234,237,540$0$0$167,703,293
89$257,835,057$0$0$184,603,641
90$283,830,237$0$0$203,221,355
91$312,467,349$0$0$223,731,402
92$344,015,569$0$0$246,326,590
93$378,771,519$0$0$271,219,386
94$417,062,067$0$0$298,643,924
95$459,247,409$0$0$328,858,209
96$505,724,475$0$0$362,146,559
97$556,930,666$0$0$398,822,282
98$613,347,992$0$0$439,230,636
99$675,507,612$0$0$483,752,091
100$743,994,855$0$0$532,805,911