Can I retire at age 30 with 1,410,000?

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$116,436$115,399$114,387$113,400$112,435$108,967
2 years$57,642$56,568$55,528$54,519$53,541$50,077
3 years$38,046$36,968$35,930$34,931$33,968$30,618
4 years$28,250$27,175$26,148$25,166$24,227$21,014
5 years$22,374$21,306$20,292$19,330$18,417$15,352
6 years$18,458$17,398$16,399$15,458$14,572$11,658
7 years$15,662$14,611$13,628$12,709$11,851$9,086
8 years$13,566$12,524$11,557$10,661$9,832$7,215
9 years$11,937$10,904$9,954$9,081$8,280$5,808
10 years$10,634$9,612$8,678$7,828$7,055$4,725
11 years$9,569$8,557$7,640$6,813$6,067$3,875
12 years$8,681$7,680$6,781$5,976$5,258$3,198
13 years$7,931$6,941$6,058$5,276$4,585$2,653
14 years$7,289$6,309$5,443$4,683$4,019$2,210
15 years$6,733$5,763$4,914$4,176$3,539$1,848
16 years$6,247$5,288$4,456$3,740$3,128$1,549
17 years$5,818$4,870$4,054$3,360$2,773$1,301
18 years$5,438$4,500$3,701$3,028$2,466$1,095
19 years$5,098$4,170$3,388$2,736$2,198$924
20 years$4,792$3,875$3,110$2,478$1,963$780
21 years$4,516$3,610$2,860$2,249$1,757$659
22 years$4,265$3,370$2,636$2,045$1,575$558
23 years$4,037$3,151$2,434$1,862$1,414$472
24 years$3,827$2,953$2,251$1,698$1,270$400
25 years$3,635$2,771$2,085$1,551$1,143$339
26 years$3,458$2,604$1,934$1,418$1,030$288
27 years$3,294$2,451$1,796$1,298$928$244
28 years$3,143$2,309$1,669$1,189$838$207
29 years$3,002$2,179$1,553$1,091$756$176
30 years$2,870$2,058$1,447$1,001$684$149
31 years$2,747$1,945$1,349$919$618$127
32 years$2,633$1,840$1,259$845$559$108
33 years$2,525$1,743$1,175$777$506$92
34 years$2,424$1,652$1,098$715$458$78
35 years$2,329$1,567$1,026$658$415$66
36 years$2,239$1,487$960$606$376$56
37 years$2,155$1,412$899$558$341$48
38 years$2,075$1,342$842$515$309$41
39 years$1,999$1,276$789$475$280$34
40 years$1,928$1,214$739$438$254$29
41 years$1,860$1,156$693$404$230$25
42 years$1,795$1,101$650$373$209$21
43 years$1,734$1,049$610$344$190$18
44 years$1,675$1,000$573$318$172$15
45 years$1,620$953$538$293$156$13
46 years$1,566$910$505$271$142$11
47 years$1,516$868$474$250$129$9
48 years$1,467$829$446$231$117$8
49 years$1,421$791$419$214$106$7
50 years$1,377$756$394$198$97$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,410,000, adding $6,444 every year, while hoping to spend $57,491 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: 79/6/15 Blend
29$1,410,000$1,410,000$1,410,000$1,410,000
30$1,560,467$1,485,737$1,463,882$1,678,373
31$1,658,465$1,497,368$1,451,752$1,768,545
32$1,764,531$1,507,642$1,437,289$1,859,459
33$1,879,429$1,516,432$1,420,354$1,957,591
34$2,003,996$1,523,603$1,400,801$2,063,638
35$2,139,155$1,529,010$1,378,479$2,178,371
36$2,285,918$1,532,501$1,353,227$2,302,639
37$2,445,401$1,533,913$1,324,879$2,437,375
38$2,618,830$1,533,073$1,293,261$2,583,610
39$2,807,555$1,529,798$1,258,190$2,742,479
40$3,013,060$1,523,893$1,219,474$2,915,233
41$3,236,980$1,515,151$1,176,914$3,103,250
42$3,481,112$1,503,354$1,130,301$3,308,051
43$3,747,435$1,488,268$1,079,416$3,531,309
44$4,038,128$1,469,647$1,024,030$3,774,869
45$4,355,587$1,447,231$963,906$4,040,767
46$4,702,453$1,420,741$898,793$4,331,243
47$5,081,631$1,389,885$828,430$4,648,770
48$5,496,321$1,354,352$752,545$4,996,070
49$5,950,044$1,313,814$670,854$5,376,145
50$6,446,679$1,267,922$583,058$5,792,305
51$6,990,498$1,216,307$488,848$6,248,197
52$7,586,203$1,158,581$387,899$6,747,840
53$8,238,975$1,094,330$279,873$7,295,667
54$8,954,517$1,023,119$164,415$7,896,560
55$9,739,112$944,486$41,157$8,555,904
56$10,599,679$857,944$0$9,279,632
57$11,543,841$762,978$0$10,088,751
58$12,579,992$659,043$0$10,983,974
59$13,717,378$545,563$0$11,966,722
60$14,966,186$421,931$0$13,045,822
61$16,337,635$287,504$0$14,231,003
62$17,844,087$141,605$0$15,532,982
63$19,499,158$0$0$16,963,568
64$21,317,847$0$0$18,536,861
65$23,316,680$0$0$20,276,311
66$25,513,864$0$0$22,188,419
67$27,929,455$0$0$24,290,646
68$30,585,551$0$0$26,602,229
69$33,506,499$0$0$29,144,362
70$36,719,122$0$0$31,940,397
71$40,252,973$0$0$35,016,061
72$44,140,616$0$0$38,399,703
73$48,417,926$0$0$42,122,554
74$53,124,433$0$0$46,219,027
75$58,303,691$0$0$50,727,040
76$64,003,692$0$0$55,688,371
77$70,277,314$0$0$61,149,054
78$77,182,820$0$0$67,159,810
79$84,784,410$0$0$73,776,531
80$93,152,824$0$0$81,060,800
81$102,366,009$0$0$89,080,475
82$112,509,854$0$0$97,910,328
83$123,679,001$0$0$107,632,751
84$135,977,734$0$0$118,338,531
85$149,520,968$0$0$130,127,709
86$164,435,326$0$0$143,110,520
87$180,860,341$0$0$157,408,437
88$198,949,765$0$0$173,155,311
89$218,873,022$0$0$190,498,640
90$240,816,809$0$0$209,600,955
91$264,986,852$0$0$230,641,357
92$291,609,852$0$0$253,817,204
93$320,935,619$0$0$279,345,977
94$353,239,434$0$0$307,467,326
95$388,824,642$0$0$338,445,337
96$428,025,516$0$0$372,571,019
97$471,210,414$0$0$410,165,056
98$518,785,250$0$0$451,580,825
99$571,197,328$0$0$497,207,740
100$628,939,561$0$0$547,474,918