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

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$116,436$115,399$114,387$113,400$112,435$108,017
2 years$57,642$56,568$55,528$54,519$53,541$49,143
3 years$38,046$36,968$35,930$34,931$33,968$29,731
4 years$28,250$27,175$26,148$25,166$24,227$20,180
5 years$22,374$21,306$20,292$19,330$18,417$14,572
6 years$18,458$17,398$16,399$15,458$14,572$10,933
7 years$15,662$14,611$13,628$12,709$11,851$8,415
8 years$13,566$12,524$11,557$10,661$9,832$6,595
9 years$11,937$10,904$9,954$9,081$8,280$5,238
10 years$10,634$9,612$8,678$7,828$7,055$4,202
11 years$9,569$8,557$7,640$6,813$6,067$3,398
12 years$8,681$7,680$6,781$5,976$5,258$2,763
13 years$7,931$6,941$6,058$5,276$4,585$2,258
14 years$7,289$6,309$5,443$4,683$4,019$1,853
15 years$6,733$5,763$4,914$4,176$3,539$1,525
16 years$6,247$5,288$4,456$3,740$3,128$1,258
17 years$5,818$4,870$4,054$3,360$2,773$1,040
18 years$5,438$4,500$3,701$3,028$2,466$861
19 years$5,098$4,170$3,388$2,736$2,198$714
20 years$4,792$3,875$3,110$2,478$1,963$593
21 years$4,516$3,610$2,860$2,249$1,757$493
22 years$4,265$3,370$2,636$2,045$1,575$410
23 years$4,037$3,151$2,434$1,862$1,414$341
24 years$3,827$2,953$2,251$1,698$1,270$284
25 years$3,635$2,771$2,085$1,551$1,143$236
26 years$3,458$2,604$1,934$1,418$1,030$197
27 years$3,294$2,451$1,796$1,298$928$164
28 years$3,143$2,309$1,669$1,189$838$137
29 years$3,002$2,179$1,553$1,091$756$114
30 years$2,870$2,058$1,447$1,001$684$95
31 years$2,747$1,945$1,349$919$618$79
32 years$2,633$1,840$1,259$845$559$66
33 years$2,525$1,743$1,175$777$506$55
34 years$2,424$1,652$1,098$715$458$46
35 years$2,329$1,567$1,026$658$415$38
36 years$2,239$1,487$960$606$376$32
37 years$2,155$1,412$899$558$341$27
38 years$2,075$1,342$842$515$309$22
39 years$1,999$1,276$789$475$280$19
40 years$1,928$1,214$739$438$254$16
41 years$1,860$1,156$693$404$230$13
42 years$1,795$1,101$650$373$209$11
43 years$1,734$1,049$610$344$190$9
44 years$1,675$1,000$573$318$172$8
45 years$1,620$953$538$293$156$6
46 years$1,566$910$505$271$142$5
47 years$1,516$868$474$250$129$4
48 years$1,467$829$446$231$117$4
49 years$1,421$791$419$214$106$3
50 years$1,377$756$394$198$97$3

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 $2,333 every year, while hoping to spend $34,378 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: 47/32/21 Blend
29$1,410,000$1,410,000$1,410,000$1,410,000
30$1,556,226$1,481,496$1,459,641$1,619,964
31$1,678,384$1,517,512$1,471,962$1,700,752
32$1,811,849$1,554,140$1,483,542$1,784,769
33$1,957,739$1,591,374$1,494,322$1,875,254
34$2,117,283$1,629,207$1,504,237$1,972,826
35$2,291,837$1,667,629$1,513,220$2,078,171
36$2,482,891$1,706,629$1,521,200$2,192,041
37$2,692,087$1,746,195$1,528,101$2,315,267
38$2,921,233$1,786,312$1,533,845$2,448,762
39$3,172,320$1,826,963$1,538,351$2,593,535
40$3,447,542$1,868,129$1,541,530$2,750,696
41$3,749,313$1,909,789$1,543,293$2,921,470
42$4,080,293$1,951,919$1,543,544$3,107,206
43$4,443,413$1,994,493$1,542,183$3,309,390
44$4,841,900$2,037,481$1,539,104$3,529,662
45$5,279,307$2,080,852$1,534,198$3,769,829
46$5,759,552$2,124,568$1,527,349$4,031,881
47$6,286,946$2,168,593$1,518,435$4,318,013
48$6,866,243$2,212,882$1,507,331$4,630,644
49$7,502,675$2,257,389$1,493,902$4,972,442
50$8,202,010$2,302,063$1,478,010$5,346,345
51$8,970,601$2,346,849$1,459,509$5,755,593
52$9,815,445$2,391,687$1,438,245$6,203,760
53$10,744,253$2,436,513$1,414,059$6,694,780
54$11,765,520$2,481,255$1,386,783$7,232,996
55$12,888,604$2,525,839$1,356,242$7,823,190
56$14,123,818$2,570,181$1,322,253$8,470,636
57$15,482,522$2,614,194$1,284,623$9,181,147
58$16,977,234$2,657,784$1,243,151$9,961,131
59$18,621,743$2,700,847$1,197,629$10,817,652
60$20,431,247$2,743,275$1,147,835$11,758,496
61$22,422,488$2,784,949$1,093,542$12,792,245
62$24,613,914$2,825,744$1,034,508$13,928,360
63$27,025,852$2,865,524$970,482$15,177,270
64$29,680,700$2,904,145$901,204$16,550,470
65$32,603,135$2,941,452$826,398$18,060,630
66$35,820,351$2,977,280$745,779$19,721,718
67$39,362,312$3,011,451$659,048$21,549,130
68$43,262,034$3,043,778$565,892$23,559,834
69$47,555,897$3,074,060$465,985$25,772,535
70$52,283,991$3,102,081$358,988$28,207,852
71$57,490,488$3,127,612$244,544$30,888,510
72$63,224,063$3,150,411$122,282$33,839,558
73$69,538,355$3,170,218$0$37,088,605
74$76,492,465$3,186,757$0$40,667,920
75$84,151,522$3,199,733$0$44,638,568
76$92,587,292$3,208,836$0$49,010,186
77$101,878,860$3,213,732$0$53,823,623
78$112,113,369$3,214,070$0$59,123,896
79$123,386,847$3,209,475$0$64,960,614
80$135,805,115$3,199,549$0$71,388,453
81$149,484,780$3,183,870$0$78,467,664
82$164,554,338$3,161,990$0$86,264,651
83$181,155,388$3,133,435$0$94,852,593
84$199,443,965$3,097,700$0$104,312,137
85$219,592,014$3,054,252$0$114,732,161
86$241,789,015$3,002,526$0$126,210,611
87$266,243,766$2,941,921$0$138,855,433
88$293,186,358$2,871,803$0$152,785,584
89$322,870,345$2,791,500$0$168,132,164
90$355,575,136$2,700,300$0$185,039,651
91$391,608,635$2,597,449$0$203,667,265
92$431,310,143$2,482,152$0$224,190,476
93$475,053,564$2,353,563$0$246,802,661
94$523,250,932$2,210,792$0$271,716,926
95$576,356,301$2,052,895$0$299,168,128
96$634,870,032$1,878,875$0$329,415,087
97$699,343,513$1,687,678$0$362,743,035
98$770,384,367$1,478,189$0$399,466,307
99$848,662,183$1,249,232$0$439,931,316
100$934,914,844$999,562$0$484,519,820