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

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 $1,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$113,133$112,126$111,142$110,183$109,246$106,648
2 years$56,007$54,964$53,953$52,972$52,022$49,420
3 years$36,967$35,919$34,911$33,940$33,005$30,480
4 years$27,449$26,404$25,406$24,452$23,539$21,111
5 years$21,740$20,701$19,716$18,781$17,894$15,569
6 years$17,935$16,904$15,934$15,020$14,159$11,940
7 years$15,218$14,196$13,241$12,348$11,515$9,402
8 years$13,181$12,169$11,229$10,359$9,553$7,544
9 years$11,598$10,595$9,672$8,823$8,045$6,140
10 years$10,332$9,339$8,432$7,606$6,855$5,051
11 years$9,297$8,314$7,424$6,619$5,895$4,191
12 years$8,435$7,462$6,588$5,806$5,109$3,500
13 years$7,706$6,744$5,886$5,126$4,455$2,939
14 years$7,082$6,130$5,289$4,550$3,905$2,479
15 years$6,542$5,600$4,775$4,058$3,438$2,099
16 years$6,070$5,138$4,329$3,633$3,039$1,782
17 years$5,653$4,732$3,939$3,265$2,694$1,517
18 years$5,284$4,372$3,596$2,942$2,396$1,294
19 years$4,953$4,052$3,292$2,658$2,135$1,106
20 years$4,656$3,765$3,021$2,408$1,907$947
21 years$4,388$3,507$2,779$2,185$1,707$811
22 years$4,144$3,274$2,561$1,987$1,530$696
23 years$3,922$3,062$2,365$1,809$1,373$598
24 years$3,719$2,869$2,187$1,650$1,234$514
25 years$3,532$2,692$2,026$1,507$1,111$442
26 years$3,360$2,530$1,879$1,378$1,001$380
27 years$3,201$2,381$1,745$1,261$902$327
28 years$3,053$2,244$1,622$1,156$814$282
29 years$2,916$2,117$1,509$1,060$735$243
30 years$2,789$1,999$1,406$973$664$209
31 years$2,670$1,890$1,311$893$600$180
32 years$2,558$1,788$1,223$821$543$156
33 years$2,453$1,693$1,142$755$492$134
34 years$2,355$1,605$1,067$695$445$116
35 years$2,263$1,522$997$639$403$100
36 years$2,176$1,445$933$589$365$86
37 years$2,094$1,372$873$543$331$74
38 years$2,016$1,304$818$500$300$64
39 years$1,943$1,240$766$461$272$55
40 years$1,873$1,180$718$425$247$48
41 years$1,807$1,123$673$392$224$41
42 years$1,744$1,070$632$362$203$36
43 years$1,685$1,019$593$334$184$31
44 years$1,628$972$556$309$167$27
45 years$1,574$926$522$285$152$23
46 years$1,522$884$491$263$138$20
47 years$1,473$843$461$243$125$17
48 years$1,426$805$433$225$114$15
49 years$1,381$769$407$208$103$13
50 years$1,338$734$383$192$94$11

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 $4,259 every year, while hoping to spend $38,967 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: 73/14/13 Blend
29$1,370,000$1,370,000$1,370,000$1,370,000
30$1,514,133$1,441,523$1,420,288$1,620,208
31$1,627,114$1,470,697$1,426,407$1,720,132
32$1,750,313$1,499,995$1,431,425$1,824,329
33$1,884,731$1,529,381$1,435,264$1,937,410
34$2,031,471$1,558,817$1,437,842$2,060,245
35$2,191,744$1,588,262$1,439,073$2,193,791
36$2,366,887$1,617,672$1,438,867$2,339,104
37$2,558,369$1,646,998$1,437,129$2,497,348
38$2,767,809$1,676,187$1,433,759$2,669,803
39$2,996,990$1,705,184$1,428,654$2,857,881
40$3,247,873$1,733,929$1,421,704$3,063,137
41$3,522,619$1,762,355$1,412,795$3,287,286
42$3,823,609$1,790,393$1,401,806$3,532,214
43$4,153,463$1,817,968$1,388,613$3,800,003
44$4,515,067$1,844,999$1,373,082$4,092,944
45$4,911,601$1,871,401$1,355,077$4,413,565
46$5,346,564$1,897,079$1,334,452$4,764,649
47$5,823,814$1,921,937$1,311,057$5,149,263
48$6,347,599$1,945,867$1,284,733$5,570,788
49$6,922,597$1,968,758$1,255,314$6,032,949
50$7,553,962$1,990,487$1,222,627$6,539,853
51$8,247,372$2,010,927$1,186,492$7,096,022
52$9,009,082$2,029,940$1,146,717$7,706,443
53$9,845,981$2,047,380$1,103,104$8,376,611
54$10,765,660$2,063,090$1,055,447$9,112,582
55$11,776,481$2,076,905$1,003,528$9,921,028
56$12,887,656$2,088,648$947,121$10,809,306
57$14,109,335$2,098,130$885,988$11,785,520
58$15,452,701$2,105,152$819,882$12,858,604
59$16,930,073$2,109,501$748,544$14,038,403
60$18,555,024$2,110,950$671,704$15,335,767
61$20,342,510$2,109,260$589,080$16,762,654
62$22,309,008$2,104,176$500,376$18,332,242
63$24,472,673$2,095,427$405,284$20,059,056
64$26,853,508$2,082,725$303,484$21,959,102
65$29,473,554$2,065,767$194,639$24,050,021
66$32,357,096$2,044,229$78,399$26,351,256
67$35,530,893$2,017,769$0$28,884,233
68$39,024,427$1,986,024$0$31,678,900
69$42,870,188$1,948,608$0$34,766,966
70$47,103,973$1,905,116$0$38,166,282
71$51,765,226$1,855,114$0$41,908,517
72$56,897,411$1,798,147$0$46,028,569
73$62,548,421$1,733,730$0$50,564,894
74$68,771,030$1,661,352$0$55,559,870
75$75,623,389$1,580,472$0$61,060,199
76$83,169,576$1,490,517$0$67,117,346
77$91,480,202$1,390,881$0$73,788,022
78$100,633,072$1,280,924$0$81,134,727
79$110,713,924$1,159,969$0$89,226,333
80$121,817,236$1,027,299$0$98,138,738
81$134,047,117$882,159$0$107,955,582
82$147,518,288$723,749$0$118,769,036
83$162,357,166$551,227$0$130,680,674
84$178,703,059$363,698$0$143,802,432
85$196,709,475$160,223$0$158,257,662
86$216,545,574$0$0$174,182,301
87$238,397,765$0$0$191,735,425
88$262,471,463$0$0$211,100,301
89$288,993,027$0$0$232,434,343
90$318,211,900$0$0$255,938,214
91$350,402,957$0$0$281,833,040
92$385,869,105$0$0$310,362,496
93$424,944,140$0$0$341,795,105
94$467,995,894$0$0$376,426,772
95$515,429,712$0$0$414,583,579
96$567,692,274$0$0$456,624,861
97$625,275,812$0$0$502,946,597
98$688,722,757$0$0$553,985,149
99$758,630,859$0$0$610,221,380
100$835,658,825$0$0$672,185,194