Can I retire at age 30 with 1,380,000?

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$113,959$112,944$111,954$110,987$110,043$108,533
2 years$56,415$55,365$54,346$53,359$52,401$50,883
3 years$37,237$36,181$35,166$34,188$33,246$31,766
4 years$27,649$26,597$25,592$24,630$23,711$22,281
5 years$21,898$20,853$19,860$18,918$18,025$16,649
6 years$18,065$17,028$16,050$15,129$14,262$12,942
7 years$15,329$14,300$13,338$12,439$11,599$10,335
8 years$13,277$12,258$11,311$10,434$9,623$8,415
9 years$11,683$10,672$9,742$8,888$8,104$6,951
10 years$10,407$9,407$8,494$7,661$6,905$5,807
11 years$9,365$8,375$7,478$6,668$5,938$4,894
12 years$8,497$7,517$6,636$5,848$5,146$4,154
13 years$7,763$6,793$5,929$5,163$4,487$3,547
14 years$7,134$6,175$5,327$4,583$3,934$3,043
15 years$6,590$5,641$4,810$4,088$3,463$2,621
16 years$6,114$5,175$4,361$3,660$3,061$2,265
17 years$5,695$4,766$3,968$3,288$2,714$1,963
18 years$5,322$4,404$3,622$2,964$2,413$1,705
19 years$4,989$4,082$3,316$2,678$2,151$1,484
20 years$4,690$3,793$3,043$2,425$1,921$1,295
21 years$4,420$3,533$2,799$2,201$1,719$1,131
22 years$4,174$3,298$2,580$2,001$1,541$989
23 years$3,951$3,084$2,382$1,823$1,383$866
24 years$3,746$2,890$2,203$1,662$1,243$759
25 years$3,558$2,712$2,041$1,518$1,119$666
26 years$3,384$2,549$1,893$1,388$1,008$584
27 years$3,224$2,399$1,757$1,271$909$513
28 years$3,076$2,260$1,634$1,164$820$451
29 years$2,938$2,132$1,520$1,068$740$397
30 years$2,809$2,014$1,416$980$669$349
31 years$2,689$1,904$1,320$900$605$307
32 years$2,577$1,801$1,232$827$547$270
33 years$2,471$1,706$1,150$760$495$238
34 years$2,372$1,617$1,075$700$448$210
35 years$2,279$1,533$1,005$644$406$185
36 years$2,192$1,455$940$593$368$163
37 years$2,109$1,382$880$547$333$144
38 years$2,031$1,314$824$504$302$127
39 years$1,957$1,249$772$464$274$112
40 years$1,887$1,189$723$428$249$98
41 years$1,820$1,131$678$395$226$87
42 years$1,757$1,078$636$365$205$77
43 years$1,697$1,027$597$337$186$68
44 years$1,640$979$560$311$169$60
45 years$1,585$933$526$287$153$53
46 years$1,533$890$494$265$139$46
47 years$1,484$850$464$245$126$41
48 years$1,436$811$436$226$115$36
49 years$1,391$774$410$209$104$32
50 years$1,347$740$386$193$95$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,380,000, adding $5,977 every year, while hoping to spend $42,516 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: 76/18/6 Blend
29$1,380,000$1,380,000$1,380,000$1,380,000
30$1,526,925$1,453,785$1,432,395$1,641,612
31$1,637,435$1,479,784$1,435,144$1,743,787
32$1,757,792$1,505,632$1,436,559$1,849,683
33$1,888,955$1,531,276$1,436,553$1,964,506
34$2,031,981$1,556,661$1,435,030$2,089,126
35$2,188,031$1,581,726$1,431,892$2,224,498
36$2,358,386$1,606,406$1,427,035$2,371,674
37$2,544,452$1,630,631$1,420,352$2,531,816
38$2,747,781$1,654,327$1,411,729$2,706,199
39$2,970,080$1,677,414$1,401,046$2,896,231
40$3,213,226$1,699,805$1,388,180$3,103,463
41$3,479,289$1,721,410$1,372,998$3,329,601
42$3,770,548$1,742,130$1,355,365$3,576,527
43$4,089,511$1,761,862$1,335,137$3,846,313
44$4,438,941$1,780,493$1,312,164$4,141,243
45$4,821,880$1,797,904$1,286,288$4,463,834
46$5,241,680$1,813,969$1,257,346$4,816,857
47$5,702,029$1,828,551$1,225,166$5,203,368
48$6,206,994$1,841,508$1,189,566$5,626,732
49$6,761,051$1,852,686$1,150,361$6,090,658
50$7,369,131$1,861,921$1,107,351$6,599,234
51$8,036,667$1,869,039$1,060,332$7,156,965
52$8,769,642$1,873,857$1,009,088$7,768,812
53$9,574,648$1,876,178$953,394$8,440,246
54$10,458,945$1,875,794$893,016$9,177,295
55$11,430,532$1,872,482$827,706$9,986,600
56$12,498,221$1,866,009$757,209$10,875,483
57$13,671,721$1,856,124$681,257$11,852,009
58$14,961,726$1,842,564$599,569$12,925,070
59$16,380,019$1,825,047$511,851$14,104,463
60$17,939,582$1,803,276$417,800$15,400,986
61$19,654,719$1,776,935$317,095$16,826,538
62$21,541,186$1,745,691$209,404$18,394,233
63$23,616,345$1,709,188$94,378$20,118,525
64$25,899,327$1,667,053$0$22,015,342
65$28,411,208$1,618,888$0$24,104,053
66$31,175,210$1,564,272$0$26,408,756
67$34,216,921$1,502,761$0$28,944,746
68$37,564,535$1,433,884$0$31,735,549
69$41,249,116$1,357,143$0$34,807,087
70$45,304,893$1,272,011$0$38,187,929
71$49,769,584$1,177,931$0$41,909,559
72$54,684,746$1,074,315$0$46,006,670
73$60,096,173$960,539$0$50,517,499
74$66,054,323$835,946$0$55,484,182
75$72,614,797$699,840$0$60,953,153
76$79,838,862$551,488$0$66,975,587
77$87,794,029$390,113$0$73,607,879
78$96,554,687$214,897$0$80,912,177
79$106,202,812$24,973$0$88,956,974
80$116,828,731$0$0$97,817,749
81$128,531,980$0$0$107,613,450
82$141,422,243$0$0$118,408,211
83$155,620,382$0$0$130,298,311
84$171,259,583$0$0$143,395,293
85$188,486,609$0$0$157,822,074
86$207,463,186$0$0$173,714,101
87$228,367,529$0$0$191,220,632
88$251,396,023$0$0$210,506,140
89$276,765,075$0$0$231,751,873
90$304,713,160$0$0$255,157,554
91$335,503,069$0$0$280,943,276
92$369,424,387$0$0$309,351,569
93$406,796,230$0$0$340,649,700
94$447,970,253$0$0$375,132,184
95$493,333,971$0$0$413,123,572
96$543,314,418$0$0$454,981,510
97$598,382,173$0$0$501,100,118
98$659,055,803$0$0$551,913,704
99$725,906,761$0$0$607,900,869
100$799,564,776$0$0$669,589,022