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

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$115,611$114,581$113,576$112,596$111,638$111,074
2 years$57,233$56,167$55,134$54,132$53,161$52,592
3 years$37,776$36,706$35,675$34,683$33,727$33,171
4 years$28,050$26,983$25,963$24,987$24,055$23,515
5 years$22,216$21,155$20,148$19,193$18,286$17,764
6 years$18,327$17,274$16,283$15,349$14,469$13,966
7 years$15,551$14,507$13,531$12,619$11,767$11,284
8 years$13,470$12,435$11,475$10,586$9,762$9,298
9 years$11,852$10,827$9,884$9,017$8,221$7,776
10 years$10,558$9,544$8,617$7,772$7,005$6,579
11 years$9,501$8,496$7,586$6,764$6,024$5,617
12 years$8,620$7,626$6,732$5,933$5,221$4,831
13 years$7,875$6,891$6,015$5,238$4,552$4,181
14 years$7,237$6,264$5,405$4,650$3,991$3,637
15 years$6,685$5,722$4,880$4,147$3,514$3,177
16 years$6,203$5,250$4,424$3,713$3,105$2,786
17 years$5,777$4,835$4,026$3,336$2,753$2,450
18 years$5,399$4,468$3,675$3,007$2,448$2,160
19 years$5,062$4,141$3,364$2,717$2,182$1,909
20 years$4,758$3,848$3,088$2,460$1,949$1,691
21 years$4,484$3,584$2,840$2,233$1,744$1,500
22 years$4,235$3,346$2,617$2,030$1,563$1,333
23 years$4,008$3,129$2,417$1,849$1,403$1,186
24 years$3,800$2,932$2,235$1,686$1,261$1,056
25 years$3,609$2,751$2,070$1,540$1,135$942
26 years$3,434$2,586$1,920$1,408$1,022$840
27 years$3,271$2,434$1,783$1,289$922$751
28 years$3,120$2,293$1,657$1,181$832$671
29 years$2,980$2,163$1,542$1,083$751$600
30 years$2,850$2,043$1,437$994$679$537
31 years$2,728$1,931$1,339$913$614$481
32 years$2,614$1,827$1,250$839$555$431
33 years$2,507$1,731$1,167$771$502$386
34 years$2,407$1,640$1,090$710$455$346
35 years$2,312$1,556$1,019$653$412$310
36 years$2,224$1,477$953$602$373$278
37 years$2,140$1,402$892$554$338$250
38 years$2,060$1,333$836$511$307$224
39 years$1,985$1,267$783$471$278$201
40 years$1,914$1,206$734$435$252$181
41 years$1,847$1,148$688$401$229$162
42 years$1,782$1,093$646$370$208$146
43 years$1,721$1,042$606$342$188$131
44 years$1,663$993$569$315$171$118
45 years$1,608$947$534$291$155$106
46 years$1,555$903$501$269$141$95
47 years$1,505$862$471$249$128$85
48 years$1,457$823$443$230$116$77
49 years$1,411$786$416$212$106$69
50 years$1,367$751$391$196$96$62

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 $5,219 every year, while hoping to spend $49,718 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: 60/29/11 Blend
29$1,400,000$1,400,000$1,400,000$1,400,000
30$1,548,183$1,473,983$1,452,283$1,636,736
31$1,653,199$1,493,309$1,448,035$1,716,178
32$1,767,259$1,511,915$1,441,979$1,796,699
33$1,891,235$1,529,714$1,434,000$1,883,315
34$2,026,083$1,546,613$1,423,981$1,976,618
35$2,172,857$1,562,510$1,411,798$2,077,261
36$2,332,715$1,577,300$1,397,321$2,185,962
37$2,506,933$1,590,869$1,380,412$2,303,515
38$2,696,915$1,603,096$1,360,930$2,430,794
39$2,904,204$1,613,851$1,338,725$2,568,764
40$3,130,500$1,622,998$1,313,640$2,718,492
41$3,377,677$1,630,390$1,285,512$2,881,150
42$3,647,793$1,635,872$1,254,170$3,058,035
43$3,943,117$1,639,279$1,219,434$3,250,576
44$4,266,146$1,640,436$1,181,117$3,460,350
45$4,619,631$1,639,155$1,139,022$3,689,096
46$5,006,599$1,635,239$1,092,944$3,938,733
47$5,430,384$1,628,477$1,042,670$4,211,377
48$5,894,658$1,618,648$987,974$4,509,363
49$6,403,465$1,605,513$928,623$4,835,267
50$6,961,258$1,588,823$864,372$5,191,928
51$7,572,942$1,568,311$794,964$5,582,481
52$8,243,920$1,543,696$720,133$6,010,381
53$8,980,141$1,514,678$639,599$6,479,440
54$9,788,160$1,480,942$553,070$6,993,863
55$10,675,196$1,442,152$460,242$7,558,287
56$11,649,203$1,397,954$360,796$8,177,827
57$12,718,939$1,347,972$254,401$8,858,122
58$13,894,057$1,291,808$140,709$9,605,395
59$15,185,187$1,229,043$19,359$10,426,505
60$16,604,041$1,159,231$0$11,329,018
61$18,163,522$1,081,903$0$12,334,207
62$19,877,846$996,560$0$13,441,609
63$21,762,672$902,677$0$14,659,145
64$23,835,254$799,698$0$15,998,054
65$26,114,603$687,037$0$17,470,727
66$28,621,663$564,071$0$19,090,822
67$31,379,508$430,147$0$20,873,397
68$34,413,565$284,571$0$22,835,054
69$37,751,846$126,612$0$24,994,091
70$41,425,216$0$0$27,370,682
71$45,467,685$0$0$30,001,266
72$49,916,724$0$0$32,941,018
73$54,813,622$0$0$36,176,834
74$60,203,874$0$0$39,738,792
75$66,137,608$0$0$43,660,034
76$72,670,061$0$0$47,977,082
77$79,862,096$0$0$52,730,176
78$87,780,778$0$0$57,963,658
79$96,500,008$0$0$63,726,388
80$106,101,216$0$0$70,072,204
81$116,674,130$0$0$77,060,435
82$128,317,625$0$0$84,756,452
83$141,140,652$0$0$93,232,292
84$155,263,269$0$0$102,567,334
85$170,817,771$0$0$112,849,049
86$187,949,938$0$0$124,173,825
87$206,820,411$0$0$136,647,873
88$227,606,209$0$0$150,388,237
89$250,502,398$0$0$165,523,890
90$275,723,929$0$0$182,196,955
91$303,507,670$0$0$200,564,046
92$334,114,640$0$0$220,797,745
93$367,832,470$0$0$243,088,230
94$404,978,120$0$0$267,645,072
95$445,900,869$0$0$294,699,210
96$490,985,609$0$0$324,505,131
97$540,656,483$0$0$357,343,275
98$595,380,883$0$0$393,522,675
99$655,673,860$0$0$433,383,882
100$722,102,990$0$0$477,302,172