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%13.5%
1 years$115,611$114,581$113,576$112,596$111,638$110,015
2 years$57,233$56,167$55,134$54,132$53,161$51,529
3 years$37,776$36,706$35,675$34,683$33,727$32,138
4 years$28,050$26,983$25,963$24,987$24,055$22,519
5 years$22,216$21,155$20,148$19,193$18,286$16,809
6 years$18,327$17,274$16,283$15,349$14,469$13,053
7 years$15,551$14,507$13,531$12,619$11,767$10,412
8 years$13,470$12,435$11,475$10,586$9,762$8,467
9 years$11,852$10,827$9,884$9,017$8,221$6,987
10 years$10,558$9,544$8,617$7,772$7,005$5,829
11 years$9,501$8,496$7,586$6,764$6,024$4,907
12 years$8,620$7,626$6,732$5,933$5,221$4,160
13 years$7,875$6,891$6,015$5,238$4,552$3,547
14 years$7,237$6,264$5,405$4,650$3,991$3,039
15 years$6,685$5,722$4,880$4,147$3,514$2,614
16 years$6,203$5,250$4,424$3,713$3,105$2,256
17 years$5,777$4,835$4,026$3,336$2,753$1,952
18 years$5,399$4,468$3,675$3,007$2,448$1,693
19 years$5,062$4,141$3,364$2,717$2,182$1,472
20 years$4,758$3,848$3,088$2,460$1,949$1,282
21 years$4,484$3,584$2,840$2,233$1,744$1,118
22 years$4,235$3,346$2,617$2,030$1,563$976
23 years$4,008$3,129$2,417$1,849$1,403$853
24 years$3,800$2,932$2,235$1,686$1,261$747
25 years$3,609$2,751$2,070$1,540$1,135$654
26 years$3,434$2,586$1,920$1,408$1,022$573
27 years$3,271$2,434$1,783$1,289$922$503
28 years$3,120$2,293$1,657$1,181$832$441
29 years$2,980$2,163$1,542$1,083$751$387
30 years$2,850$2,043$1,437$994$679$340
31 years$2,728$1,931$1,339$913$614$299
32 years$2,614$1,827$1,250$839$555$263
33 years$2,507$1,731$1,167$771$502$231
34 years$2,407$1,640$1,090$710$455$203
35 years$2,312$1,556$1,019$653$412$179
36 years$2,224$1,477$953$602$373$157
37 years$2,140$1,402$892$554$338$138
38 years$2,060$1,333$836$511$307$122
39 years$1,985$1,267$783$471$278$107
40 years$1,914$1,206$734$435$252$94
41 years$1,847$1,148$688$401$229$83
42 years$1,782$1,093$646$370$208$73
43 years$1,721$1,042$606$342$188$64
44 years$1,663$993$569$315$171$57
45 years$1,608$947$534$291$155$50
46 years$1,555$903$501$269$141$44
47 years$1,505$862$471$249$128$39
48 years$1,457$823$443$230$116$34
49 years$1,411$786$416$212$106$30
50 years$1,367$751$391$196$96$26

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 $4,755 every year, while hoping to spend $54,891 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: 72/5/23 Blend
29$1,400,000$1,400,000$1,400,000$1,400,000
30$1,547,705$1,473,505$1,451,805$1,649,987
31$1,647,167$1,487,303$1,442,037$1,732,599
32$1,754,935$1,499,937$1,430,102$1,816,086
33$1,871,797$1,511,293$1,415,869$1,906,180
34$1,998,622$1,521,248$1,399,202$2,003,532
35$2,136,364$1,529,672$1,379,958$2,108,858
36$2,286,073$1,536,426$1,357,986$2,222,949
37$2,448,904$1,541,362$1,333,130$2,346,675
38$2,626,128$1,544,324$1,305,226$2,480,999
39$2,819,142$1,545,146$1,274,100$2,626,980
40$3,029,487$1,543,650$1,239,575$2,785,788
41$3,258,854$1,539,649$1,201,460$2,958,710
42$3,509,109$1,532,943$1,159,561$3,147,170
43$3,782,301$1,523,320$1,113,669$3,352,735
44$4,080,690$1,510,557$1,063,572$3,577,134
45$4,406,762$1,494,416$1,009,042$3,822,274
46$4,763,252$1,474,643$949,846$4,090,257
47$5,153,176$1,450,972$885,738$4,383,403
48$5,579,849$1,423,120$816,460$4,704,267
49$6,046,927$1,390,786$741,744$5,055,669
50$6,558,431$1,353,652$661,310$5,440,719
51$7,118,793$1,311,382$574,865$5,862,843
52$7,732,890$1,263,620$482,104$6,325,824
53$8,406,097$1,209,990$382,706$6,833,828
54$9,144,331$1,150,091$276,339$7,391,451
55$9,954,110$1,083,504$162,654$8,003,760
56$10,842,614$1,009,780$41,288$8,676,343
57$11,817,752$928,450$0$9,415,358
58$12,888,232$839,014$0$10,249,251
59$14,063,651$740,945$0$11,176,077
60$15,354,579$633,687$0$12,194,049
61$16,772,659$516,651$0$13,312,376
62$18,330,719$389,215$0$14,541,200
63$20,042,889$250,723$0$15,891,698
64$21,924,737$100,482$0$17,376,187
65$23,993,414$0$0$19,008,234
66$26,267,816$0$0$20,806,216
67$28,768,759$0$0$22,789,439
68$31,519,179$0$0$24,970,572
69$34,544,347$0$0$27,369,664
70$37,872,103$0$0$30,008,804
71$41,533,124$0$0$32,912,330
72$45,561,208$0$0$36,107,059
73$49,993,595$0$0$39,622,537
74$54,871,318$0$0$43,491,320
75$60,239,587$0$0$47,749,277
76$66,148,219$0$0$52,435,935
77$72,652,103$0$0$57,594,842
78$79,811,722$0$0$63,273,987
79$87,693,718$0$0$69,526,246
80$96,371,526$0$0$76,409,882
81$105,926,062$0$0$83,989,096
82$116,446,486$0$0$92,334,630
83$128,031,046$0$0$101,524,435
84$140,788,003$0$0$111,644,408
85$154,836,649$0$0$122,789,200
86$170,308,439$0$0$135,063,108
87$187,348,221$0$0$148,581,061
88$206,115,614$0$0$163,469,703
89$226,786,504$0$0$179,868,588
90$249,554,708$0$0$197,931,496
91$274,633,802$0$0$217,827,884
92$302,259,137$0$0$239,744,486
93$332,690,055$0$0$263,887,073
94$366,212,342$0$0$290,482,397
95$403,140,921$0$0$319,780,328
96$443,822,825$0$0$352,056,212
97$488,640,471$0$0$387,613,472
98$538,015,271$0$0$426,786,470
99$592,411,604$0$0$469,943,662
100$652,341,205$0$0$517,491,073