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

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 $1,390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$114,785$113,762$112,765$111,791$110,841$107,164
2 years$56,824$55,766$54,740$53,746$52,781$49,113
3 years$37,507$36,444$35,421$34,435$33,487$29,941
4 years$27,850$26,790$25,777$24,809$23,883$20,488
5 years$22,057$21,004$20,004$19,056$18,155$14,920
6 years$18,196$17,151$16,166$15,239$14,366$11,293
7 years$15,440$14,403$13,434$12,529$11,683$8,772
8 years$13,374$12,346$11,393$10,510$9,692$6,941
9 years$11,767$10,750$9,813$8,952$8,162$5,567
10 years$10,483$9,475$8,555$7,717$6,955$4,511
11 years$9,433$8,435$7,532$6,716$5,981$3,685
12 years$8,558$7,571$6,684$5,891$5,183$3,030
13 years$7,819$6,842$5,972$5,201$4,520$2,503
14 years$7,186$6,219$5,366$4,617$3,962$2,077
15 years$6,637$5,681$4,845$4,117$3,489$1,729
16 years$6,158$5,213$4,392$3,687$3,083$1,443
17 years$5,736$4,801$3,997$3,312$2,734$1,207
18 years$5,361$4,436$3,649$2,985$2,431$1,011
19 years$5,025$4,111$3,340$2,697$2,167$849
20 years$4,724$3,820$3,065$2,443$1,935$713
21 years$4,452$3,559$2,820$2,217$1,732$600
22 years$4,205$3,322$2,599$2,016$1,552$505
23 years$3,979$3,107$2,399$1,836$1,393$426
24 years$3,773$2,911$2,219$1,674$1,252$359
25 years$3,584$2,732$2,055$1,529$1,127$303
26 years$3,409$2,567$1,906$1,398$1,015$256
27 years$3,248$2,416$1,770$1,280$915$216
28 years$3,098$2,277$1,646$1,173$826$182
29 years$2,959$2,148$1,531$1,075$746$154
30 years$2,829$2,028$1,426$987$674$130
31 years$2,709$1,918$1,330$906$609$110
32 years$2,595$1,814$1,241$833$551$93
33 years$2,489$1,718$1,158$766$499$79
34 years$2,390$1,628$1,082$705$452$66
35 years$2,296$1,545$1,012$649$409$56
36 years$2,208$1,466$947$597$371$48
37 years$2,124$1,392$886$551$336$40
38 years$2,046$1,323$830$507$304$34
39 years$1,971$1,258$777$468$276$29
40 years$1,900$1,197$729$432$250$24
41 years$1,833$1,140$683$398$227$21
42 years$1,770$1,085$641$367$206$17
43 years$1,709$1,034$601$339$187$15
44 years$1,652$986$565$313$170$12
45 years$1,597$940$530$289$154$11
46 years$1,544$897$498$267$140$9
47 years$1,494$856$468$247$127$8
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$5

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 $2,354 every year, while hoping to spend $56,326 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: 86/9/5 Blend
29$1,390,000$1,390,000$1,390,000$1,390,000
30$1,534,208$1,460,538$1,438,993$1,666,021
31$1,630,767$1,472,174$1,427,269$1,763,874
32$1,735,287$1,482,492$1,413,264$1,863,358
33$1,848,521$1,491,369$1,396,843$1,970,844
34$1,971,296$1,498,672$1,377,863$2,087,097
35$2,104,522$1,504,261$1,356,176$2,212,959
36$2,249,200$1,507,987$1,331,624$2,349,357
37$2,406,431$1,509,690$1,304,046$2,497,310
38$2,577,425$1,509,203$1,273,270$2,657,942
39$2,763,515$1,506,347$1,239,118$2,832,489
40$2,966,167$1,500,932$1,201,402$3,022,313
41$3,186,994$1,492,755$1,159,926$3,228,914
42$3,427,771$1,481,604$1,114,488$3,453,944
43$3,690,452$1,467,251$1,064,871$3,699,222
44$3,977,188$1,449,456$1,010,854$3,966,753
45$4,290,345$1,427,963$952,201$4,258,743
46$4,632,530$1,402,503$888,670$4,577,625
47$5,006,612$1,372,789$820,004$4,926,079
48$5,415,749$1,338,519$745,937$5,307,054
49$5,863,420$1,299,371$666,191$5,723,804
50$6,353,455$1,255,006$580,473$6,179,911
51$6,890,069$1,205,063$488,482$6,679,322
52$7,477,908$1,149,163$389,898$7,226,386
53$8,122,086$1,086,904$284,391$7,825,896
54$8,828,235$1,017,858$171,614$8,483,132
55$9,602,559$941,577$51,207$9,203,912
56$10,451,890$857,584$0$9,994,646
57$11,383,753$765,376$0$10,866,525
58$12,406,438$664,422$0$11,826,391
59$13,529,076$554,160$0$12,880,111
60$14,761,724$433,996$0$14,037,161
61$16,115,462$303,303$0$15,307,982
62$17,602,494$161,420$0$16,704,079
63$19,236,266$7,647$0$18,238,127
64$21,031,589$0$0$19,924,096
65$23,004,783$0$0$21,793,099
66$25,173,823$0$0$23,848,458
67$27,558,515$0$0$26,108,187
68$30,180,681$0$0$28,592,964
69$33,064,360$0$0$31,325,574
70$36,236,040$0$0$34,331,117
71$39,724,903$0$0$37,637,252
72$43,563,103$0$0$41,274,450
73$47,786,067$0$0$45,276,285
74$52,432,828$0$0$49,679,750
75$57,546,395$0$0$54,525,605
76$63,174,156$0$0$59,858,761
77$69,368,327$0$0$65,728,702
78$76,186,442$0$0$72,189,955
79$83,691,894$0$0$79,302,598
80$91,954,537$0$0$87,132,833
81$101,051,341$0$0$95,753,605
82$111,067,118$0$0$105,245,292
83$122,095,324$0$0$115,696,463
84$134,238,936$0$0$127,204,712
85$147,611,429$0$0$139,877,580
86$162,337,839$0$0$153,833,567
87$178,555,950$0$0$169,203,251
88$196,417,587$0$0$186,130,521
89$216,090,052$0$0$204,773,932
90$237,757,701$0$0$225,308,200
91$261,623,685$0$0$247,925,855
92$287,911,862$0$0$272,839,051
93$316,868,913$0$0$300,281,574
94$348,766,670$0$0$330,511,041
95$383,904,678$0$0$363,811,337
96$422,613,022$0$0$400,495,291
97$465,255,445$0$0$440,907,627
98$512,232,776$0$0$485,428,219
99$563,986,714$0$0$534,475,673
100$621,004,000$0$0$588,511,281