Can I retire at age 30 with 1,400,000?

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$115,611$114,581$113,576$112,596$111,638$108,675
2 years$57,233$56,167$55,134$54,132$53,161$50,196
3 years$37,776$36,706$35,675$34,683$33,727$30,854
4 years$28,050$26,983$25,963$24,987$24,055$21,295
5 years$22,216$21,155$20,148$19,193$18,286$15,647
6 years$18,327$17,274$16,283$15,349$14,469$11,954
7 years$15,551$14,507$13,531$12,619$11,767$9,375
8 years$13,470$12,435$11,475$10,586$9,762$7,493
9 years$11,852$10,827$9,884$9,017$8,221$6,072
10 years$10,558$9,544$8,617$7,772$7,005$4,974
11 years$9,501$8,496$7,586$6,764$6,024$4,108
12 years$8,620$7,626$6,732$5,933$5,221$3,415
13 years$7,875$6,891$6,015$5,238$4,552$2,855
14 years$7,237$6,264$5,405$4,650$3,991$2,396
15 years$6,685$5,722$4,880$4,147$3,514$2,019
16 years$6,203$5,250$4,424$3,713$3,105$1,706
17 years$5,777$4,835$4,026$3,336$2,753$1,445
18 years$5,399$4,468$3,675$3,007$2,448$1,226
19 years$5,062$4,141$3,364$2,717$2,182$1,042
20 years$4,758$3,848$3,088$2,460$1,949$887
21 years$4,484$3,584$2,840$2,233$1,744$756
22 years$4,235$3,346$2,617$2,030$1,563$645
23 years$4,008$3,129$2,417$1,849$1,403$551
24 years$3,800$2,932$2,235$1,686$1,261$471
25 years$3,609$2,751$2,070$1,540$1,135$403
26 years$3,434$2,586$1,920$1,408$1,022$345
27 years$3,271$2,434$1,783$1,289$922$295
28 years$3,120$2,293$1,657$1,181$832$253
29 years$2,980$2,163$1,542$1,083$751$216
30 years$2,850$2,043$1,437$994$679$185
31 years$2,728$1,931$1,339$913$614$159
32 years$2,614$1,827$1,250$839$555$136
33 years$2,507$1,731$1,167$771$502$117
34 years$2,407$1,640$1,090$710$455$100
35 years$2,312$1,556$1,019$653$412$86
36 years$2,224$1,477$953$602$373$74
37 years$2,140$1,402$892$554$338$63
38 years$2,060$1,333$836$511$307$54
39 years$1,985$1,267$783$471$278$47
40 years$1,914$1,206$734$435$252$40
41 years$1,847$1,148$688$401$229$34
42 years$1,782$1,093$646$370$208$29
43 years$1,721$1,042$606$342$188$25
44 years$1,663$993$569$315$171$22
45 years$1,608$947$534$291$155$19
46 years$1,555$903$501$269$141$16
47 years$1,505$862$471$249$128$14
48 years$1,457$823$443$230$116$12
49 years$1,411$786$416$212$106$10
50 years$1,367$751$391$196$96$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,400,000, adding $6,329 every year, while hoping to spend $58,971 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: 80/12/8 Blend
29$1,400,000$1,400,000$1,400,000$1,400,000
30$1,549,328$1,475,128$1,453,428$1,671,158
31$1,644,615$1,484,665$1,439,374$1,761,447
32$1,747,645$1,492,692$1,422,871$1,852,102
33$1,859,145$1,499,074$1,403,778$1,949,809
34$1,979,915$1,503,666$1,381,941$2,055,242
35$2,110,834$1,506,314$1,357,205$2,169,144
36$2,252,870$1,506,854$1,329,401$2,292,333
37$2,407,085$1,505,112$1,298,359$2,425,712
38$2,574,649$1,500,905$1,263,896$2,570,272
39$2,756,850$1,494,035$1,225,822$2,727,109
40$2,955,101$1,484,296$1,183,941$2,897,427
41$3,170,962$1,471,467$1,138,043$3,082,556
42$3,406,145$1,455,314$1,087,913$3,283,958
43$3,662,537$1,435,589$1,033,323$3,503,248
44$3,942,214$1,412,031$974,037$3,742,202
45$4,247,459$1,384,360$909,806$4,002,779
46$4,580,788$1,352,282$840,373$4,287,138
47$4,944,970$1,315,485$765,467$4,597,660
48$5,343,052$1,273,639$684,805$4,936,964
49$5,778,390$1,226,393$598,093$5,307,943
50$6,254,678$1,173,379$505,021$5,713,782
51$6,775,984$1,114,204$405,269$6,157,990
52$7,346,789$1,048,454$298,499$6,644,439
53$7,972,024$975,692$184,362$7,177,392
54$8,657,124$895,454$62,492$7,761,552
55$9,408,070$807,250$0$8,402,099
56$10,231,452$710,565$0$9,110,513
57$11,134,528$604,850$0$9,893,390
58$12,125,290$489,528$0$10,752,362
59$13,212,545$363,989$0$11,695,117
60$14,405,988$227,589$0$12,730,122
61$15,716,305$79,647$0$13,866,711
62$17,155,263$0$0$15,115,167
63$18,735,825$0$0$16,497,461
64$20,472,272$0$0$18,027,682
65$22,380,337$0$0$19,709,180
66$24,477,350$0$0$21,557,236
67$26,782,408$0$0$23,588,681
68$29,316,544$0$0$25,822,061
69$32,102,936$0$0$28,277,807
70$35,167,117$0$0$30,978,429
71$38,537,220$0$0$33,948,727
72$42,244,240$0$0$37,216,026
73$46,322,326$0$0$40,810,433
74$50,809,106$0$0$44,765,117
75$55,746,038$0$0$49,116,628
76$61,178,800$0$0$53,905,236
77$67,157,725$0$0$59,175,311
78$73,738,268$0$0$64,975,743
79$80,981,536$0$0$71,360,403
80$88,954,859$0$0$78,388,647
81$97,732,427$0$0$86,125,882
82$107,395,988$0$0$94,644,174
83$118,035,621$0$0$104,022,936
84$129,750,581$0$0$114,349,671
85$142,650,240$0$0$125,720,800
86$156,855,115$0$0$138,242,568
87$172,498,006$0$0$152,032,052
88$189,725,247$0$0$167,218,259
89$208,698,088$0$0$183,943,345
90$229,594,217$0$0$202,363,958
91$252,609,431$0$0$222,652,713
92$277,959,491$0$0$244,999,821
93$305,882,150$0$0$269,614,885
94$336,639,399$0$0$296,728,875
95$370,519,942$0$0$326,596,311
96$407,841,915$0$0$359,497,659
97$448,955,892$0$0$395,741,983
98$494,248,187$0$0$435,669,859
99$544,144,509$0$0$479,656,587
100$599,113,971$0$0$528,115,737