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%12.7%
1 years$114,785$113,762$112,765$111,791$110,841$109,592
2 years$56,824$55,766$54,740$53,746$52,781$51,524
3 years$37,507$36,444$35,421$34,435$33,487$32,260
4 years$27,850$26,790$25,777$24,809$23,883$22,697
5 years$22,057$21,004$20,004$19,056$18,155$17,013
6 years$18,196$17,151$16,166$15,239$14,366$13,268
7 years$15,440$14,403$13,434$12,529$11,683$10,631
8 years$13,374$12,346$11,393$10,510$9,692$8,685
9 years$11,767$10,750$9,813$8,952$8,162$7,200
10 years$10,483$9,475$8,555$7,717$6,955$6,037
11 years$9,433$8,435$7,532$6,716$5,981$5,107
12 years$8,558$7,571$6,684$5,891$5,183$4,352
13 years$7,819$6,842$5,972$5,201$4,520$3,730
14 years$7,186$6,219$5,366$4,617$3,962$3,212
15 years$6,637$5,681$4,845$4,117$3,489$2,778
16 years$6,158$5,213$4,392$3,687$3,083$2,411
17 years$5,736$4,801$3,997$3,312$2,734$2,098
18 years$5,361$4,436$3,649$2,985$2,431$1,831
19 years$5,025$4,111$3,340$2,697$2,167$1,601
20 years$4,724$3,820$3,065$2,443$1,935$1,402
21 years$4,452$3,559$2,820$2,217$1,732$1,230
22 years$4,205$3,322$2,599$2,016$1,552$1,081
23 years$3,979$3,107$2,399$1,836$1,393$951
24 years$3,773$2,911$2,219$1,674$1,252$837
25 years$3,584$2,732$2,055$1,529$1,127$738
26 years$3,409$2,567$1,906$1,398$1,015$651
27 years$3,248$2,416$1,770$1,280$915$574
28 years$3,098$2,277$1,646$1,173$826$507
29 years$2,959$2,148$1,531$1,075$746$448
30 years$2,829$2,028$1,426$987$674$396
31 years$2,709$1,918$1,330$906$609$351
32 years$2,595$1,814$1,241$833$551$310
33 years$2,489$1,718$1,158$766$499$275
34 years$2,390$1,628$1,082$705$452$243
35 years$2,296$1,545$1,012$649$409$215
36 years$2,208$1,466$947$597$371$191
37 years$2,124$1,392$886$551$336$169
38 years$2,046$1,323$830$507$304$150
39 years$1,971$1,258$777$468$276$133
40 years$1,900$1,197$729$432$250$118
41 years$1,833$1,140$683$398$227$104
42 years$1,770$1,085$641$367$206$92
43 years$1,709$1,034$601$339$187$82
44 years$1,652$986$565$313$170$73
45 years$1,597$940$530$289$154$64
46 years$1,544$897$498$267$140$57
47 years$1,494$856$468$247$127$51
48 years$1,447$817$440$228$115$45
49 years$1,401$780$413$211$105$40
50 years$1,357$745$388$195$95$35

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 $4,771 every year, while hoping to spend $53,377 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: 40/31/29 Blend
29$1,390,000$1,390,000$1,390,000$1,390,000
30$1,536,701$1,463,031$1,441,486$1,584,853
31$1,636,652$1,477,927$1,432,983$1,635,262
32$1,745,009$1,491,764$1,422,407$1,684,472
33$1,862,573$1,504,433$1,409,630$1,736,706
34$1,990,225$1,515,820$1,394,522$1,792,275
35$2,128,934$1,525,801$1,376,945$1,851,525
36$2,279,766$1,534,246$1,356,754$1,914,839
37$2,443,894$1,541,016$1,333,797$1,982,645
38$2,622,608$1,545,963$1,307,916$2,055,416
39$2,817,328$1,548,930$1,278,945$2,133,676
40$3,029,617$1,549,749$1,246,711$2,218,009
41$3,261,195$1,548,243$1,211,033$2,309,061
42$3,513,954$1,544,224$1,171,719$2,407,547
43$3,789,978$1,537,491$1,128,573$2,514,263
44$4,091,561$1,527,834$1,081,385$2,630,088
45$4,421,228$1,515,025$1,029,939$2,755,997
46$4,781,759$1,498,828$974,008$2,893,070
47$5,176,216$1,478,988$913,355$3,042,503
48$5,607,969$1,455,237$847,731$3,205,621
49$6,080,730$1,427,292$776,879$3,383,890
50$6,598,586$1,394,851$700,526$3,578,933
51$7,166,038$1,357,595$618,390$3,792,546
52$7,788,045$1,315,188$530,176$4,026,715
53$8,470,064$1,267,271$435,576$4,283,639
54$9,218,110$1,213,467$334,268$4,565,750
55$10,038,806$1,153,375$225,914$4,875,737
56$10,939,447$1,086,574$110,165$5,216,572
57$11,928,069$1,012,614$0$5,591,543
58$13,013,524$931,024$0$6,008,417
59$14,205,562$841,302$0$6,503,723
60$15,514,924$742,921$0$7,047,900
61$16,953,444$635,322$0$7,645,981
62$18,534,157$517,914$0$8,303,518
63$20,271,424$390,075$0$9,026,638
64$22,181,065$251,145$0$9,822,099
65$24,280,512$100,429$0$10,697,359
66$26,588,966$0$0$11,660,642
67$29,127,587$0$0$12,742,445
68$31,919,683$0$0$13,970,145
69$34,990,936$0$0$15,320,802
70$38,369,644$0$0$16,806,886
71$42,086,984$0$0$18,442,136
72$46,177,307$0$0$20,241,691
73$50,678,462$0$0$22,222,233
74$55,632,154$0$0$24,402,140
75$61,084,334$0$0$26,801,665
76$67,085,634$0$0$29,443,122
77$73,691,844$0$0$32,351,100
78$80,964,436$0$0$35,552,692
79$88,971,148$0$0$39,077,753
80$97,786,617$0$0$42,959,179
81$107,493,086$0$0$47,233,218
82$118,181,181$0$0$51,939,814
83$129,950,762$0$0$57,122,980
84$142,911,865$0$0$62,831,215
85$157,185,743$0$0$69,117,965
86$172,906,009$0$0$76,042,118
87$190,219,892$0$0$83,668,570
88$209,289,632$0$0$92,068,830
89$230,294,005$0$0$101,321,697
90$253,430,015$0$0$111,514,006
91$278,914,748$0$0$122,741,440
92$306,987,421$0$0$135,109,443
93$337,911,643$0$0$148,734,206
94$371,977,899$0$0$163,743,768
95$409,506,289$0$0$180,279,224
96$450,849,555$0$0$198,496,054
97$496,396,402$0$0$218,565,594
98$546,575,175$0$0$240,676,650
99$601,857,891$0$0$265,037,280
100$662,764,705$0$0$291,876,761