Can I retire at age 30 with 1,390,000?

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 $1,390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$114,785$113,762$112,765$111,791$110,841$106,443
2 years$56,824$55,766$54,740$53,746$52,781$48,405
3 years$37,507$36,444$35,421$34,435$33,487$29,270
4 years$27,850$26,790$25,777$24,809$23,883$19,858
5 years$22,057$21,004$20,004$19,056$18,155$14,332
6 years$18,196$17,151$16,166$15,239$14,366$10,746
7 years$15,440$14,403$13,434$12,529$11,683$8,267
8 years$13,374$12,346$11,393$10,510$9,692$6,475
9 years$11,767$10,750$9,813$8,952$8,162$5,140
10 years$10,483$9,475$8,555$7,717$6,955$4,121
11 years$9,433$8,435$7,532$6,716$5,981$3,329
12 years$8,558$7,571$6,684$5,891$5,183$2,706
13 years$7,819$6,842$5,972$5,201$4,520$2,210
14 years$7,186$6,219$5,366$4,617$3,962$1,812
15 years$6,637$5,681$4,845$4,117$3,489$1,490
16 years$6,158$5,213$4,392$3,687$3,083$1,228
17 years$5,736$4,801$3,997$3,312$2,734$1,015
18 years$5,361$4,436$3,649$2,985$2,431$840
19 years$5,025$4,111$3,340$2,697$2,167$696
20 years$4,724$3,820$3,065$2,443$1,935$577
21 years$4,452$3,559$2,820$2,217$1,732$479
22 years$4,205$3,322$2,599$2,016$1,552$398
23 years$3,979$3,107$2,399$1,836$1,393$331
24 years$3,773$2,911$2,219$1,674$1,252$275
25 years$3,584$2,732$2,055$1,529$1,127$229
26 years$3,409$2,567$1,906$1,398$1,015$191
27 years$3,248$2,416$1,770$1,280$915$159
28 years$3,098$2,277$1,646$1,173$826$132
29 years$2,959$2,148$1,531$1,075$746$110
30 years$2,829$2,028$1,426$987$674$92
31 years$2,709$1,918$1,330$906$609$77
32 years$2,595$1,814$1,241$833$551$64
33 years$2,489$1,718$1,158$766$499$53
34 years$2,390$1,628$1,082$705$452$44
35 years$2,296$1,545$1,012$649$409$37
36 years$2,208$1,466$947$597$371$31
37 years$2,124$1,392$886$551$336$26
38 years$2,046$1,323$830$507$304$21
39 years$1,971$1,258$777$468$276$18
40 years$1,900$1,197$729$432$250$15
41 years$1,833$1,140$683$398$227$12
42 years$1,770$1,085$641$367$206$10
43 years$1,709$1,034$601$339$187$9
44 years$1,652$986$565$313$170$7
45 years$1,597$940$530$289$154$6
46 years$1,544$897$498$267$140$5
47 years$1,494$856$468$247$127$4
48 years$1,447$817$440$228$115$3
49 years$1,401$780$413$211$105$3
50 years$1,357$745$388$195$95$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,390,000, adding $4,037 every year, while hoping to spend $34,771 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: 62/19/19 Blend
29$1,390,000$1,390,000$1,390,000$1,390,000
30$1,535,944$1,462,274$1,440,729$1,623,445
31$1,655,614$1,496,930$1,451,998$1,717,576
32$1,786,326$1,532,118$1,462,478$1,816,046
33$1,929,167$1,567,828$1,472,107$1,922,745
34$2,085,339$1,604,048$1,480,820$2,038,475
35$2,256,161$1,640,764$1,488,545$2,164,123
36$2,443,088$1,677,959$1,495,209$2,300,665
37$2,647,720$1,715,617$1,500,736$2,449,176
38$2,871,821$1,753,716$1,505,044$2,610,841
39$3,117,332$1,792,233$1,508,049$2,786,966
40$3,386,392$1,831,145$1,509,661$2,978,988
41$3,681,356$1,870,423$1,509,786$3,188,494
42$4,004,817$1,910,036$1,508,326$3,417,229
43$4,359,631$1,949,951$1,505,178$3,667,119
44$4,748,946$1,990,131$1,500,234$3,940,285
45$5,176,227$2,030,535$1,493,380$4,239,066
46$5,645,291$2,071,121$1,484,498$4,566,036
47$6,160,344$2,111,839$1,473,462$4,924,036
48$6,726,019$2,152,639$1,460,142$5,316,195
49$7,347,418$2,193,463$1,444,402$5,745,961
50$8,030,163$2,234,252$1,426,098$6,217,136
51$8,780,447$2,274,937$1,405,080$6,733,908
52$9,605,094$2,315,450$1,381,191$7,300,894
53$10,511,619$2,355,713$1,354,266$7,923,182
54$11,508,303$2,395,642$1,324,134$8,606,380
55$12,604,272$2,435,150$1,290,614$9,356,670
56$13,809,576$2,474,141$1,253,518$10,180,862
57$15,135,291$2,512,512$1,212,649$11,086,466
58$16,593,618$2,550,153$1,167,800$12,081,755
59$18,198,003$2,586,946$1,118,757$13,175,850
60$19,963,257$2,622,764$1,065,294$14,378,802
61$21,905,703$2,657,473$1,007,174$15,701,690
62$24,043,323$2,690,928$944,153$17,156,724
63$26,395,933$2,722,974$875,973$18,757,360
64$28,985,365$2,753,447$802,365$20,518,431
65$31,835,676$2,782,169$723,048$22,456,283
66$34,973,373$2,808,954$637,729$24,588,932
67$38,427,665$2,833,601$546,100$26,936,235
68$42,230,736$2,855,896$447,843$29,520,075
69$46,418,048$2,875,612$342,623$32,364,572
70$51,028,679$2,892,507$230,092$35,496,309
71$56,105,689$2,906,324$109,884$38,944,582
72$61,696,524$2,916,789$0$42,741,681
73$67,853,467$2,923,610$0$46,926,923
74$74,634,132$2,926,478$0$51,559,812
75$82,102,003$2,925,064$0$56,661,359
76$90,327,034$2,919,020$0$62,279,289
77$99,386,314$2,907,974$0$68,466,197
78$109,364,786$2,891,533$0$75,280,042
79$120,356,057$2,869,280$0$82,784,694
80$132,463,273$2,840,773$0$91,050,540
81$145,800,098$2,805,543$0$100,155,145
82$160,491,786$2,763,092$0$110,183,987
83$176,676,357$2,712,893$0$121,231,263
84$194,505,909$2,654,388$0$133,400,779
85$214,148,045$2,586,986$0$146,806,930
86$235,787,458$2,510,061$0$161,575,780
87$259,627,676$2,422,951$0$177,846,255
88$285,892,977$2,324,954$0$195,771,451
89$314,830,513$2,215,329$0$215,520,081
90$346,712,635$2,093,290$0$237,278,072
91$381,839,471$1,958,008$0$261,250,314
92$420,541,751$1,808,604$0$287,662,603
93$463,183,935$1,644,151$0$316,763,764
94$510,167,650$1,463,669$0$348,828,009
95$561,935,481$1,266,119$0$384,157,523
96$618,975,149$1,050,408$0$423,085,316
97$681,824,114$815,378$0$465,978,371
98$751,074,649$559,806$0$513,241,109
99$827,379,429$282,403$0$565,319,204
100$911,457,695$0$0$622,703,798