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

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$113,959$112,944$111,954$110,987$110,043$106,606
2 years$56,415$55,365$54,346$53,359$52,401$48,969
3 years$37,237$36,181$35,166$34,188$33,246$29,926
4 years$27,649$26,597$25,592$24,630$23,711$20,529
5 years$21,898$20,853$19,860$18,918$18,025$14,990
6 years$18,065$17,028$16,050$15,129$14,262$11,376
7 years$15,329$14,300$13,338$12,439$11,599$8,862
8 years$13,277$12,258$11,311$10,434$9,623$7,033
9 years$11,683$10,672$9,742$8,888$8,104$5,658
10 years$10,407$9,407$8,494$7,661$6,905$4,600
11 years$9,365$8,375$7,478$6,668$5,938$3,770
12 years$8,497$7,517$6,636$5,848$5,146$3,109
13 years$7,763$6,793$5,929$5,163$4,487$2,578
14 years$7,134$6,175$5,327$4,583$3,934$2,146
15 years$6,590$5,641$4,810$4,088$3,463$1,793
16 years$6,114$5,175$4,361$3,660$3,061$1,502
17 years$5,695$4,766$3,968$3,288$2,714$1,261
18 years$5,322$4,404$3,622$2,964$2,413$1,061
19 years$4,989$4,082$3,316$2,678$2,151$894
20 years$4,690$3,793$3,043$2,425$1,921$754
21 years$4,420$3,533$2,799$2,201$1,719$637
22 years$4,174$3,298$2,580$2,001$1,541$538
23 years$3,951$3,084$2,382$1,823$1,383$455
24 years$3,746$2,890$2,203$1,662$1,243$385
25 years$3,558$2,712$2,041$1,518$1,119$326
26 years$3,384$2,549$1,893$1,388$1,008$277
27 years$3,224$2,399$1,757$1,271$909$235
28 years$3,076$2,260$1,634$1,164$820$199
29 years$2,938$2,132$1,520$1,068$740$169
30 years$2,809$2,014$1,416$980$669$143
31 years$2,689$1,904$1,320$900$605$121
32 years$2,577$1,801$1,232$827$547$103
33 years$2,471$1,706$1,150$760$495$88
34 years$2,372$1,617$1,075$700$448$74
35 years$2,279$1,533$1,005$644$406$63
36 years$2,192$1,455$940$593$368$54
37 years$2,109$1,382$880$547$333$46
38 years$2,031$1,314$824$504$302$39
39 years$1,957$1,249$772$464$274$33
40 years$1,887$1,189$723$428$249$28
41 years$1,820$1,131$678$395$226$24
42 years$1,757$1,078$636$365$205$20
43 years$1,697$1,027$597$337$186$17
44 years$1,640$979$560$311$169$15
45 years$1,585$933$526$287$153$12
46 years$1,533$890$494$265$139$10
47 years$1,484$850$464$245$126$9
48 years$1,436$811$436$226$115$8
49 years$1,391$774$410$209$104$6
50 years$1,347$740$386$193$95$5

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 $6,672 every year, while hoping to spend $43,848 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: 55/33/12 Blend
29$1,380,000$1,380,000$1,380,000$1,380,000
30$1,527,642$1,454,502$1,433,112$1,606,618
31$1,636,808$1,479,119$1,434,467$1,685,558
32$1,755,639$1,503,472$1,434,399$1,766,115
33$1,885,074$1,527,503$1,432,812$1,852,803
34$2,026,149$1,551,147$1,429,608$1,946,216
35$2,180,000$1,574,338$1,424,684$2,047,005
36$2,347,880$1,597,001$1,417,931$2,155,892
37$2,531,168$1,619,058$1,409,236$2,273,671
38$2,731,382$1,640,426$1,398,479$2,401,218
39$2,950,191$1,661,015$1,385,536$2,539,500
40$3,189,435$1,680,729$1,370,277$2,689,581
41$3,451,139$1,699,467$1,352,563$2,852,638
42$3,737,533$1,717,119$1,332,251$3,029,966
43$4,051,073$1,733,568$1,309,193$3,222,994
44$4,394,461$1,748,692$1,283,229$3,433,300
45$4,770,675$1,762,357$1,254,197$3,662,621
46$5,182,994$1,774,423$1,221,923$3,912,875
47$5,635,030$1,784,740$1,186,228$4,186,177
48$6,130,760$1,793,149$1,146,923$4,484,860
49$6,674,564$1,799,480$1,103,812$4,811,494
50$7,271,268$1,803,553$1,056,688$5,168,918
51$7,926,187$1,805,177$1,005,337$5,560,260
52$8,645,175$1,804,147$949,532$5,988,970
53$9,434,681$1,800,248$889,039$6,458,852
54$10,301,808$1,793,251$823,613$6,974,104
55$11,254,384$1,782,912$752,995$7,539,351
56$12,301,029$1,768,972$676,918$8,159,698
57$13,451,241$1,751,158$595,102$8,840,772
58$14,715,483$1,729,180$507,253$9,588,777
59$16,105,282$1,702,730$413,066$10,410,556
60$17,633,338$1,671,482$312,221$11,313,654
61$19,313,644$1,635,090$204,386$12,306,391
62$21,161,615$1,593,188$89,212$13,397,942
63$23,194,235$1,545,390$0$14,598,420
64$25,430,218$1,491,284$0$15,923,296
65$27,890,181$1,430,438$0$17,393,021
66$30,596,842$1,362,392$0$19,009,772
67$33,575,231$1,286,661$0$20,788,550
68$36,852,927$1,202,730$0$22,745,893
69$40,460,319$1,110,057$0$24,900,031
70$44,430,889$1,008,067$0$27,271,060
71$48,801,531$896,154$0$29,881,130
72$53,612,897$773,675$0$32,754,658
73$58,909,782$639,954$0$35,918,560
74$64,741,542$494,275$0$39,402,501
75$71,162,565$335,880$0$43,239,186
76$78,232,780$163,971$0$47,464,659
77$86,018,223$0$0$52,118,654
78$94,591,662$0$0$57,253,061
79$104,033,277$0$0$62,973,137
80$114,431,426$0$0$69,272,890
81$125,883,468$0$0$76,211,327
82$138,496,690$0$0$83,853,471
83$152,389,313$0$0$92,270,975
84$167,691,612$0$0$101,542,794
85$184,547,141$0$0$111,755,935
86$203,114,089$0$0$123,006,272
87$223,566,776$0$0$135,399,459
88$246,097,290$0$0$149,051,916
89$270,917,308$0$0$164,091,938
90$298,260,088$0$0$180,660,899
91$328,382,671$0$0$198,914,588
92$361,568,310$0$0$219,024,682
93$398,129,138$0$0$241,180,361
94$438,409,118$0$0$265,590,097
95$482,787,286$0$0$292,483,620
96$531,681,330$0$0$322,114,088
97$585,551,535$0$0$354,760,473
98$644,905,119$0$0$390,730,197
99$710,301,030$0$0$430,362,035
100$782,355,215$0$0$474,029,307