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%11%
1 years$113,959$112,944$111,954$110,987$110,043$109,579
2 years$56,415$55,365$54,346$53,359$52,401$51,933
3 years$37,237$36,181$35,166$34,188$33,246$32,788
4 years$27,649$26,597$25,592$24,630$23,711$23,267
5 years$21,898$20,853$19,860$18,918$18,025$17,595
6 years$18,065$17,028$16,050$15,129$14,262$13,848
7 years$15,329$14,300$13,338$12,439$11,599$11,201
8 years$13,277$12,258$11,311$10,434$9,623$9,240
9 years$11,683$10,672$9,742$8,888$8,104$7,736
10 years$10,407$9,407$8,494$7,661$6,905$6,553
11 years$9,365$8,375$7,478$6,668$5,938$5,602
12 years$8,497$7,517$6,636$5,848$5,146$4,824
13 years$7,763$6,793$5,929$5,163$4,487$4,181
14 years$7,134$6,175$5,327$4,583$3,934$3,641
15 years$6,590$5,641$4,810$4,088$3,463$3,185
16 years$6,114$5,175$4,361$3,660$3,061$2,796
17 years$5,695$4,766$3,968$3,288$2,714$2,462
18 years$5,322$4,404$3,622$2,964$2,413$2,174
19 years$4,989$4,082$3,316$2,678$2,151$1,924
20 years$4,690$3,793$3,043$2,425$1,921$1,707
21 years$4,420$3,533$2,799$2,201$1,719$1,516
22 years$4,174$3,298$2,580$2,001$1,541$1,349
23 years$3,951$3,084$2,382$1,823$1,383$1,202
24 years$3,746$2,890$2,203$1,662$1,243$1,072
25 years$3,558$2,712$2,041$1,518$1,119$958
26 years$3,384$2,549$1,893$1,388$1,008$856
27 years$3,224$2,399$1,757$1,271$909$766
28 years$3,076$2,260$1,634$1,164$820$686
29 years$2,938$2,132$1,520$1,068$740$614
30 years$2,809$2,014$1,416$980$669$551
31 years$2,689$1,904$1,320$900$605$494
32 years$2,577$1,801$1,232$827$547$443
33 years$2,471$1,706$1,150$760$495$398
34 years$2,372$1,617$1,075$700$448$357
35 years$2,279$1,533$1,005$644$406$321
36 years$2,192$1,455$940$593$368$288
37 years$2,109$1,382$880$547$333$259
38 years$2,031$1,314$824$504$302$233
39 years$1,957$1,249$772$464$274$209
40 years$1,887$1,189$723$428$249$188
41 years$1,820$1,131$678$395$226$169
42 years$1,757$1,078$636$365$205$152
43 years$1,697$1,027$597$337$186$137
44 years$1,640$979$560$311$169$123
45 years$1,585$933$526$287$153$111
46 years$1,533$890$494$265$139$100
47 years$1,484$850$464$245$126$90
48 years$1,436$811$436$226$115$81
49 years$1,391$774$410$209$104$73
50 years$1,347$740$386$193$95$66

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 $5,050 every year, while hoping to spend $49,254 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: 47/26/27 Blend
29$1,380,000$1,380,000$1,380,000$1,380,000
30$1,525,969$1,452,829$1,431,439$1,585,678
31$1,629,212$1,471,612$1,426,986$1,647,049
32$1,741,335$1,489,664$1,420,734$1,708,416
33$1,863,192$1,506,898$1,412,569$1,774,071
34$1,995,721$1,523,220$1,402,374$1,844,443
35$2,139,957$1,538,531$1,390,026$1,920,005
36$2,297,037$1,552,722$1,375,395$2,001,281
37$2,468,210$1,565,681$1,358,347$2,088,850
38$2,654,855$1,577,287$1,338,739$2,183,353
39$2,858,487$1,587,411$1,316,423$2,285,499
40$3,080,773$1,595,915$1,291,244$2,396,071
41$3,323,551$1,602,653$1,263,039$2,515,935
42$3,588,840$1,607,470$1,231,639$2,646,048
43$3,878,867$1,610,202$1,196,864$2,787,467
44$4,196,082$1,610,672$1,158,529$2,941,364
45$4,543,182$1,608,695$1,116,440$3,109,029
46$4,923,139$1,604,073$1,070,392$3,291,891
47$5,339,222$1,596,595$1,020,173$3,491,528
48$5,795,034$1,586,040$965,561$3,709,682
49$6,294,542$1,572,170$906,322$3,948,279
50$6,842,115$1,554,736$842,213$4,209,446
51$7,442,564$1,533,472$772,981$4,495,532
52$8,101,190$1,508,097$698,360$4,809,131
53$8,823,830$1,478,311$618,073$5,153,108
54$9,616,912$1,443,801$531,831$5,530,627
55$10,487,520$1,404,230$439,330$5,945,181
56$11,443,456$1,359,246$340,256$6,400,625
57$12,493,312$1,308,473$234,279$6,901,217
58$13,646,556$1,251,514$121,053$7,451,657
59$14,913,618$1,187,951$221$8,057,131
60$16,305,986$1,117,339$0$8,723,364
61$17,836,317$1,039,210$0$9,493,762
62$19,518,556$953,066$0$10,340,690
63$21,368,067$858,384$0$11,271,898
64$23,401,774$754,609$0$12,296,000
65$25,638,325$641,155$0$13,422,494
66$28,098,265$517,403$0$14,661,852
67$30,804,232$382,700$0$16,025,619
68$33,781,166$236,354$0$17,526,522
69$37,056,547$77,637$0$19,178,596
70$40,660,651$0$0$20,997,310
71$44,626,842$0$0$23,026,679
72$48,991,875$0$0$25,284,753
73$53,796,255$0$0$27,770,295
74$59,084,609$0$0$30,506,418
75$64,906,111$0$0$33,518,587
76$71,314,944$0$0$36,834,863
77$78,370,813$0$0$40,486,167
78$86,139,505$0$0$44,506,569
79$94,693,513$0$0$48,933,613
80$104,112,714$0$0$53,808,668
81$114,485,129$0$0$59,177,319
82$125,907,747$0$0$65,089,798
83$138,487,443$0$0$71,601,456
84$152,341,988$0$0$78,773,287
85$167,601,154$0$0$86,672,501
86$184,407,944$0$0$95,373,163
87$202,919,937$0$0$104,956,883
88$223,310,780$0$0$115,513,597
89$245,771,818$0$0$127,142,405
90$270,513,907$0$0$139,952,514
91$297,769,399$0$0$154,064,264
92$327,794,340$0$0$169,610,266
93$360,870,876$0$0$186,736,650
94$397,309,927$0$0$205,604,448
95$437,454,113$0$0$226,391,113
96$481,680,991$0$0$249,292,190
97$530,406,617$0$0$274,523,167
98$584,089,474$0$0$302,321,503
99$643,234,795$0$0$332,948,874
100$708,399,337$0$0$366,693,640