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%15%
1 years$114,785$113,762$112,765$111,791$110,841$108,558
2 years$56,824$55,766$54,740$53,746$52,781$50,492
3 years$37,507$36,444$35,421$34,435$33,487$31,262
4 years$27,850$26,790$25,777$24,809$23,883$21,740
5 years$22,057$21,004$20,004$19,056$18,155$16,101
6 years$18,196$17,151$16,166$15,239$14,366$12,401
7 years$15,440$14,403$13,434$12,529$11,683$9,809
8 years$13,374$12,346$11,393$10,510$9,692$7,908
9 years$11,767$10,750$9,813$8,952$8,162$6,467
10 years$10,483$9,475$8,555$7,717$6,955$5,347
11 years$9,433$8,435$7,532$6,716$5,981$4,458
12 years$8,558$7,571$6,684$5,891$5,183$3,743
13 years$7,819$6,842$5,972$5,201$4,520$3,160
14 years$7,186$6,219$5,366$4,617$3,962$2,680
15 years$6,637$5,681$4,845$4,117$3,489$2,282
16 years$6,158$5,213$4,392$3,687$3,083$1,948
17 years$5,736$4,801$3,997$3,312$2,734$1,668
18 years$5,361$4,436$3,649$2,985$2,431$1,431
19 years$5,025$4,111$3,340$2,697$2,167$1,231
20 years$4,724$3,820$3,065$2,443$1,935$1,060
21 years$4,452$3,559$2,820$2,217$1,732$914
22 years$4,205$3,322$2,599$2,016$1,552$789
23 years$3,979$3,107$2,399$1,836$1,393$682
24 years$3,773$2,911$2,219$1,674$1,252$589
25 years$3,584$2,732$2,055$1,529$1,127$510
26 years$3,409$2,567$1,906$1,398$1,015$442
27 years$3,248$2,416$1,770$1,280$915$383
28 years$3,098$2,277$1,646$1,173$826$332
29 years$2,959$2,148$1,531$1,075$746$288
30 years$2,829$2,028$1,426$987$674$250
31 years$2,709$1,918$1,330$906$609$217
32 years$2,595$1,814$1,241$833$551$188
33 years$2,489$1,718$1,158$766$499$163
34 years$2,390$1,628$1,082$705$452$142
35 years$2,296$1,545$1,012$649$409$123
36 years$2,208$1,466$947$597$371$107
37 years$2,124$1,392$886$551$336$93
38 years$2,046$1,323$830$507$304$81
39 years$1,971$1,258$777$468$276$70
40 years$1,900$1,197$729$432$250$61
41 years$1,833$1,140$683$398$227$53
42 years$1,770$1,085$641$367$206$46
43 years$1,709$1,034$601$339$187$40
44 years$1,652$986$565$313$170$35
45 years$1,597$940$530$289$154$30
46 years$1,544$897$498$267$140$26
47 years$1,494$856$468$247$127$23
48 years$1,447$817$440$228$115$20
49 years$1,401$780$413$211$105$17
50 years$1,357$745$388$195$95$15

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 $5,420 every year, while hoping to spend $46,937 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: 71/9/20 Blend
29$1,390,000$1,390,000$1,390,000$1,390,000
30$1,537,371$1,463,701$1,442,156$1,638,684
31$1,644,242$1,485,481$1,440,527$1,728,661
32$1,760,441$1,506,756$1,437,271$1,821,044
33$1,886,869$1,527,451$1,432,283$1,921,023
34$2,024,520$1,547,486$1,425,455$2,029,343
35$2,174,484$1,566,776$1,416,671$2,146,828
36$2,337,964$1,585,230$1,405,812$2,274,384
37$2,516,282$1,602,752$1,392,752$2,413,011
38$2,710,893$1,619,237$1,377,359$2,563,812
39$2,923,400$1,634,576$1,359,497$2,728,001
40$3,155,566$1,648,650$1,339,020$2,906,917
41$3,409,334$1,661,334$1,315,777$3,102,037
42$3,686,841$1,672,494$1,289,610$3,314,989
43$3,990,442$1,681,989$1,260,355$3,547,566
44$4,322,726$1,689,666$1,227,837$3,801,746
45$4,686,550$1,695,365$1,191,875$4,079,710
46$5,085,055$1,698,915$1,152,279$4,383,862
47$5,521,703$1,700,134$1,108,853$4,716,852
48$6,000,305$1,698,829$1,061,388$5,081,602
49$6,525,059$1,694,795$1,009,667$5,481,331
50$7,100,589$1,687,813$953,465$5,919,590
51$7,731,987$1,677,654$892,544$6,400,294
52$8,424,862$1,664,072$826,657$6,927,757
53$9,185,394$1,646,807$755,545$7,506,735
54$10,020,387$1,625,583$678,939$8,142,472
55$10,937,339$1,600,110$596,556$8,840,749
56$11,944,509$1,570,076$508,102$9,607,936
57$13,050,994$1,535,155$413,269$10,451,059
58$14,266,818$1,495,000$311,735$11,377,860
59$15,603,021$1,449,243$203,166$12,396,874
60$17,071,768$1,397,494$87,211$13,517,511
61$18,686,460$1,339,343$0$14,750,141
62$20,461,861$1,274,354$0$16,113,993
63$22,414,240$1,202,066$0$17,634,242
64$24,561,517$1,121,991$0$19,306,231
65$26,923,438$1,033,616$0$21,145,363
66$29,521,760$936,394$0$23,168,607
67$32,380,452$829,750$0$25,394,664
68$35,525,927$713,077$0$27,844,139
69$38,987,284$585,730$0$30,539,741
70$42,796,588$447,032$0$33,506,492
71$46,989,168$296,264$0$36,771,967
72$51,603,951$132,669$0$40,366,551
73$56,683,832$0$0$44,323,728
74$62,276,073$0$0$48,684,812
75$68,432,754$0$0$53,500,623
76$75,211,258$0$0$58,802,921
77$82,674,818$0$0$64,641,177
78$90,893,110$0$0$71,069,908
79$99,942,910$0$0$78,149,181
80$109,908,818$0$0$85,945,191
81$120,884,058$0$0$94,530,874
82$132,971,356$0$0$103,986,603
83$146,283,908$0$0$114,400,946
84$160,946,448$0$0$125,871,493
85$177,096,427$0$0$138,505,789
86$194,885,308$0$0$152,422,338
87$214,479,994$0$0$167,751,727
88$236,064,403$0$0$184,637,857
89$259,841,207$0$0$203,239,299
90$286,033,739$0$0$223,730,792
91$314,888,104$0$0$246,304,891
92$346,675,501$0$0$271,173,785
93$381,694,780$0$0$298,571,300
94$420,275,264$0$0$328,755,101
95$462,779,858$0$0$362,009,130
96$509,608,470$0$0$398,646,281
97$561,201,790$0$0$439,011,357
98$618,045,447$0$0$483,484,320
99$680,674,590$0$0$532,483,880
100$749,678,944$0$0$586,471,447