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%17.1%
1 years$115,611$114,581$113,576$112,596$111,638$108,412
2 years$57,233$56,167$55,134$54,132$53,161$49,936
3 years$37,776$36,706$35,675$34,683$33,727$30,605
4 years$28,050$26,983$25,963$24,987$24,055$21,059
5 years$22,216$21,155$20,148$19,193$18,286$15,425
6 years$18,327$17,274$16,283$15,349$14,469$11,745
7 years$15,551$14,507$13,531$12,619$11,767$9,181
8 years$13,470$12,435$11,475$10,586$9,762$7,311
9 years$11,852$10,827$9,884$9,017$8,221$5,904
10 years$10,558$9,544$8,617$7,772$7,005$4,818
11 years$9,501$8,496$7,586$6,764$6,024$3,964
12 years$8,620$7,626$6,732$5,933$5,221$3,282
13 years$7,875$6,891$6,015$5,238$4,552$2,732
14 years$7,237$6,264$5,405$4,650$3,991$2,284
15 years$6,685$5,722$4,880$4,147$3,514$1,916
16 years$6,203$5,250$4,424$3,713$3,105$1,612
17 years$5,777$4,835$4,026$3,336$2,753$1,359
18 years$5,399$4,468$3,675$3,007$2,448$1,149
19 years$5,062$4,141$3,364$2,717$2,182$972
20 years$4,758$3,848$3,088$2,460$1,949$824
21 years$4,484$3,584$2,840$2,233$1,744$699
22 years$4,235$3,346$2,617$2,030$1,563$594
23 years$4,008$3,129$2,417$1,849$1,403$505
24 years$3,800$2,932$2,235$1,686$1,261$429
25 years$3,609$2,751$2,070$1,540$1,135$365
26 years$3,434$2,586$1,920$1,408$1,022$311
27 years$3,271$2,434$1,783$1,289$922$265
28 years$3,120$2,293$1,657$1,181$832$226
29 years$2,980$2,163$1,542$1,083$751$192
30 years$2,850$2,043$1,437$994$679$164
31 years$2,728$1,931$1,339$913$614$140
32 years$2,614$1,827$1,250$839$555$119
33 years$2,507$1,731$1,167$771$502$102
34 years$2,407$1,640$1,090$710$455$87
35 years$2,312$1,556$1,019$653$412$74
36 years$2,224$1,477$953$602$373$63
37 years$2,140$1,402$892$554$338$54
38 years$2,060$1,333$836$511$307$46
39 years$1,985$1,267$783$471$278$39
40 years$1,914$1,206$734$435$252$34
41 years$1,847$1,148$688$401$229$29
42 years$1,782$1,093$646$370$208$25
43 years$1,721$1,042$606$342$188$21
44 years$1,663$993$569$315$171$18
45 years$1,608$947$534$291$155$15
46 years$1,555$903$501$269$141$13
47 years$1,505$862$471$249$128$11
48 years$1,457$823$443$230$116$9
49 years$1,411$786$416$212$106$8
50 years$1,367$751$391$196$96$7

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 $2,757 every year, while hoping to spend $39,332 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: 90/5/5 Blend
29$1,400,000$1,400,000$1,400,000$1,400,000
30$1,545,644$1,471,444$1,449,744$1,684,790
31$1,661,451$1,501,696$1,456,461$1,805,868
32$1,787,751$1,532,112$1,462,086$1,933,145
33$1,925,575$1,562,658$1,466,539$2,071,801
34$2,076,054$1,593,299$1,469,738$2,222,954
35$2,240,435$1,623,994$1,471,598$2,387,832
36$2,420,091$1,654,701$1,472,028$2,567,790
37$2,616,532$1,685,373$1,470,933$2,764,320
38$2,831,423$1,715,961$1,468,213$2,979,065
39$3,066,594$1,746,409$1,463,764$3,213,832
40$3,324,063$1,776,660$1,457,477$3,470,614
41$3,606,052$1,806,650$1,449,237$3,751,604
42$3,915,006$1,836,313$1,438,923$4,059,220
43$4,253,619$1,865,574$1,426,409$4,396,122
44$4,624,857$1,894,357$1,411,563$4,765,243
45$5,031,990$1,922,578$1,394,248$5,169,811
46$5,478,614$1,950,146$1,374,317$5,613,385
47$5,968,696$1,976,966$1,351,619$6,099,883
48$6,506,600$2,002,934$1,325,996$6,633,622
49$7,097,138$2,027,942$1,297,281$7,219,359
50$7,745,606$2,051,872$1,265,300$7,862,334
51$8,457,842$2,074,597$1,229,871$8,568,318
52$9,240,274$2,095,985$1,190,805$9,343,673
53$10,099,987$2,115,893$1,147,901$10,195,405
54$11,044,782$2,134,168$1,100,952$11,131,236
55$12,083,256$2,150,648$1,049,740$12,159,670
56$13,224,879$2,165,161$994,037$13,290,081
57$14,480,085$2,177,523$933,606$14,532,795
58$15,860,370$2,187,538$868,198$15,899,190
59$17,378,398$2,194,998$797,554$17,401,803
60$19,048,124$2,199,682$721,401$19,054,449
61$20,884,921$2,201,355$639,457$20,872,349
62$22,905,730$2,199,767$551,425$22,872,275
63$25,129,213$2,194,654$456,996$25,072,708
64$27,575,934$2,185,735$355,847$27,494,013
65$30,268,553$2,172,709$247,642$30,158,630
66$33,232,035$2,155,262$132,027$33,091,285
67$36,493,889$2,133,056$8,637$36,319,225
68$40,084,426$2,105,736$0$39,872,475
69$44,037,045$2,072,924$0$43,790,684
70$48,388,547$2,034,221$0$48,104,663
71$53,179,484$1,989,203$0$52,854,149
72$58,454,539$1,937,421$0$58,083,434
73$64,262,947$1,878,400$0$63,841,325
74$70,658,964$1,811,638$0$70,181,608
75$77,702,372$1,736,602$0$77,163,545
76$85,459,047$1,652,729$0$84,852,445
77$94,001,581$1,559,424$0$93,320,273
78$103,409,964$1,456,057$0$102,646,328
79$113,772,338$1,341,962$0$112,917,997
80$125,185,834$1,216,435$0$124,231,576
81$137,757,480$1,078,732$0$136,693,179
82$151,605,219$928,065$0$150,419,739
83$166,859,017$763,606$0$165,540,114
84$183,662,089$584,475$0$182,196,297
85$202,172,253$389,745$0$200,544,766
86$222,563,417$178,437$0$220,757,952
87$245,027,223$0$0$243,025,868
88$269,774,850$0$0$267,560,686
89$297,039,013$0$0$294,601,220
90$327,076,156$0$0$324,391,992
91$360,168,870$0$0$357,213,279
92$396,628,566$0$0$393,373,936
93$436,798,410$0$0$433,214,315
94$481,056,559$0$0$477,109,474
95$529,819,738$0$0$525,472,719
96$583,547,167$0$0$578,759,504
97$642,744,897$0$0$637,471,731
98$707,970,587$0$0$702,162,487
99$779,838,767$0$0$773,441,261
100$859,026,639$0$0$851,979,704