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%18.6%
1 years$114,785$113,762$112,765$111,791$110,841$106,993
2 years$56,824$55,766$54,740$53,746$52,781$48,945
3 years$37,507$36,444$35,421$34,435$33,487$29,782
4 years$27,850$26,790$25,777$24,809$23,883$20,338
5 years$22,057$21,004$20,004$19,056$18,155$14,779
6 years$18,196$17,151$16,166$15,239$14,366$11,162
7 years$15,440$14,403$13,434$12,529$11,683$8,650
8 years$13,374$12,346$11,393$10,510$9,692$6,828
9 years$11,767$10,750$9,813$8,952$8,162$5,463
10 years$10,483$9,475$8,555$7,717$6,955$4,416
11 years$9,433$8,435$7,532$6,716$5,981$3,598
12 years$8,558$7,571$6,684$5,891$5,183$2,950
13 years$7,819$6,842$5,972$5,201$4,520$2,431
14 years$7,186$6,219$5,366$4,617$3,962$2,011
15 years$6,637$5,681$4,845$4,117$3,489$1,669
16 years$6,158$5,213$4,392$3,687$3,083$1,389
17 years$5,736$4,801$3,997$3,312$2,734$1,159
18 years$5,361$4,436$3,649$2,985$2,431$968
19 years$5,025$4,111$3,340$2,697$2,167$810
20 years$4,724$3,820$3,065$2,443$1,935$679
21 years$4,452$3,559$2,820$2,217$1,732$569
22 years$4,205$3,322$2,599$2,016$1,552$478
23 years$3,979$3,107$2,399$1,836$1,393$401
24 years$3,773$2,911$2,219$1,674$1,252$337
25 years$3,584$2,732$2,055$1,529$1,127$284
26 years$3,409$2,567$1,906$1,398$1,015$239
27 years$3,248$2,416$1,770$1,280$915$201
28 years$3,098$2,277$1,646$1,173$826$169
29 years$2,959$2,148$1,531$1,075$746$142
30 years$2,829$2,028$1,426$987$674$120
31 years$2,709$1,918$1,330$906$609$101
32 years$2,595$1,814$1,241$833$551$85
33 years$2,489$1,718$1,158$766$499$72
34 years$2,390$1,628$1,082$705$452$60
35 years$2,296$1,545$1,012$649$409$51
36 years$2,208$1,466$947$597$371$43
37 years$2,124$1,392$886$551$336$36
38 years$2,046$1,323$830$507$304$31
39 years$1,971$1,258$777$468$276$26
40 years$1,900$1,197$729$432$250$22
41 years$1,833$1,140$683$398$227$18
42 years$1,770$1,085$641$367$206$15
43 years$1,709$1,034$601$339$187$13
44 years$1,652$986$565$313$170$11
45 years$1,597$940$530$289$154$9
46 years$1,544$897$498$267$140$8
47 years$1,494$856$468$247$127$7
48 years$1,447$817$440$228$115$6
49 years$1,401$780$413$211$105$5
50 years$1,357$745$388$195$95$4

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 $4,063 every year, while hoping to spend $33,155 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: 74/12/14 Blend
29$1,390,000$1,390,000$1,390,000$1,390,000
30$1,535,971$1,462,301$1,440,756$1,644,730
31$1,657,363$1,498,677$1,453,745$1,753,578
32$1,790,027$1,535,724$1,466,057$1,868,303
33$1,935,075$1,573,441$1,477,636$1,993,109
34$2,093,736$1,611,823$1,488,420$2,128,988
35$2,267,362$1,650,866$1,498,347$2,277,031
36$2,457,438$1,690,565$1,507,347$2,438,443
37$2,665,606$1,730,911$1,515,352$2,614,548
38$2,893,667$1,771,895$1,522,286$2,806,805
39$3,143,611$1,813,508$1,528,072$3,016,823
40$3,417,624$1,855,735$1,532,627$3,246,373
41$3,718,118$1,898,562$1,535,867$3,497,406
42$4,047,747$1,941,972$1,537,699$3,772,071
43$4,409,435$1,985,947$1,538,030$4,072,739
44$4,806,403$2,030,464$1,536,759$4,402,017
45$5,242,199$2,075,499$1,533,783$4,762,781
46$5,720,730$2,121,026$1,528,992$5,158,199
47$6,246,302$2,167,014$1,522,271$5,591,762
48$6,823,658$2,213,430$1,513,500$6,067,314
49$7,458,021$2,260,238$1,502,552$6,589,095
50$8,155,147$2,307,398$1,489,296$7,161,772
51$8,921,376$2,354,865$1,473,592$7,790,493
52$9,763,695$2,402,592$1,455,296$8,480,926
53$10,689,799$2,450,526$1,434,255$9,239,318
54$11,708,168$2,498,610$1,410,312$10,072,555
55$12,828,142$2,546,783$1,383,298$10,988,222
56$14,060,014$2,594,978$1,353,040$11,994,679
57$15,415,125$2,643,121$1,319,356$13,101,138
58$16,905,967$2,691,134$1,282,055$14,317,752
59$18,546,309$2,738,932$1,240,937$15,655,706
60$20,351,317$2,786,424$1,195,793$17,127,329
61$22,337,705$2,833,513$1,146,405$18,746,205
62$24,523,887$2,880,090$1,092,545$20,527,305
63$26,930,152$2,926,044$1,033,975$22,487,126
64$29,578,859$2,971,252$970,445$24,643,851
65$32,494,642$3,015,582$901,694$27,017,512
66$35,704,645$3,058,895$827,450$29,630,190
67$39,238,778$3,101,041$747,429$32,506,215
68$43,129,999$3,141,857$661,333$35,672,400
69$47,414,624$3,181,173$568,852$39,158,295
70$52,132,669$3,218,804$469,663$42,996,463
71$57,328,231$3,254,554$363,425$47,222,788
72$63,049,897$3,288,214$249,787$51,876,818
73$69,351,210$3,319,560$128,379$57,002,133
74$76,291,169$3,348,355$0$62,646,761
75$83,934,788$3,374,343$0$68,863,806
76$92,353,706$3,397,255$0$75,731,894
77$101,626,866$3,416,804$0$83,296,169
78$111,841,262$3,432,682$0$91,627,532
79$123,092,752$3,444,565$0$100,804,113
80$135,486,970$3,452,106$0$110,912,010
81$149,140,319$3,454,938$0$122,046,102
82$164,181,071$3,452,669$0$134,310,941
83$180,750,575$3,444,884$0$147,821,744
84$199,004,594$3,431,144$0$162,705,475
85$219,114,773$3,410,981$0$179,102,048
86$241,270,260$3,383,898$0$197,165,647
87$265,679,488$3,349,371$0$217,066,179
88$292,572,146$3,306,841$0$238,990,881
89$322,201,346$3,255,717$0$263,146,084
90$354,846,011$3,195,374$0$289,759,165
91$390,813,504$3,125,149$0$319,080,691
92$430,442,539$3,044,337$0$351,386,784
93$474,106,365$2,952,197$0$386,981,731
94$522,216,300$2,847,941$0$426,200,851
95$575,225,608$2,730,736$0$469,413,668
96$633,633,778$2,599,699$0$517,027,393
97$697,991,238$2,453,900$0$569,490,772
98$768,904,554$2,292,350$0$627,298,323
99$847,042,152$2,114,009$0$690,995,001
100$933,140,629$1,917,773$0$761,181,348