Can I retire at age 30 with 1,430,000?

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$118,088$117,036$116,010$115,008$114,030$110,248
2 years$58,459$57,371$56,316$55,292$54,300$50,526
3 years$38,586$37,492$36,440$35,426$34,450$30,803
4 years$28,651$27,561$26,519$25,523$24,570$21,078
5 years$22,692$21,608$20,580$19,604$18,678$15,350
6 years$18,720$17,645$16,631$15,677$14,779$11,618
7 years$15,884$14,818$13,821$12,889$12,019$9,024
8 years$13,758$12,702$11,721$10,812$9,971$7,140
9 years$12,106$11,059$10,095$9,210$8,397$5,727
10 years$10,785$9,748$8,801$7,939$7,155$4,641
11 years$9,704$8,678$7,749$6,909$6,153$3,792
12 years$8,805$7,789$6,877$6,060$5,332$3,117
13 years$8,044$7,039$6,144$5,350$4,650$2,575
14 years$7,393$6,398$5,520$4,749$4,076$2,137
15 years$6,828$5,845$4,984$4,236$3,589$1,779
16 years$6,335$5,363$4,519$3,793$3,172$1,484
17 years$5,901$4,939$4,112$3,408$2,812$1,242
18 years$5,515$4,564$3,754$3,071$2,501$1,041
19 years$5,170$4,230$3,436$2,775$2,229$873
20 years$4,860$3,930$3,154$2,513$1,991$734
21 years$4,580$3,661$2,901$2,281$1,782$618
22 years$4,326$3,417$2,674$2,074$1,597$520
23 years$4,094$3,196$2,469$1,889$1,434$438
24 years$3,882$2,995$2,283$1,723$1,289$369
25 years$3,687$2,810$2,114$1,573$1,159$312
26 years$3,507$2,641$1,961$1,438$1,044$263
27 years$3,341$2,486$1,821$1,317$942$222
28 years$3,187$2,342$1,693$1,206$850$188
29 years$3,044$2,210$1,575$1,106$767$158
30 years$2,911$2,087$1,467$1,015$693$134
31 years$2,786$1,973$1,368$932$627$113
32 years$2,670$1,867$1,276$857$567$96
33 years$2,561$1,768$1,192$788$513$81
34 years$2,458$1,675$1,114$725$465$68
35 years$2,362$1,589$1,041$667$421$58
36 years$2,271$1,508$974$615$381$49
37 years$2,185$1,432$912$566$346$41
38 years$2,104$1,361$854$522$313$35
39 years$2,028$1,295$800$481$284$30
40 years$1,955$1,232$750$444$258$25
41 years$1,886$1,172$703$410$234$21
42 years$1,821$1,117$659$378$212$18
43 years$1,758$1,064$619$349$192$15
44 years$1,699$1,014$581$322$175$13
45 years$1,643$967$545$298$159$11
46 years$1,589$922$512$275$144$9
47 years$1,537$880$481$254$131$8
48 years$1,488$840$452$235$119$7
49 years$1,441$803$425$217$108$6
50 years$1,396$767$400$200$98$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,430,000, adding $3,302 every year, while hoping to spend $41,807 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: 61/13/26 Blend
29$1,430,000$1,430,000$1,430,000$1,430,000
30$1,579,266$1,503,476$1,481,311$1,664,423
31$1,695,869$1,532,664$1,486,453$1,751,869
32$1,822,964$1,561,881$1,490,365$1,842,449
33$1,961,577$1,591,084$1,492,964$1,940,421
34$2,112,839$1,620,228$1,494,158$2,046,512
35$2,277,991$1,649,261$1,493,855$2,161,527
36$2,458,402$1,678,131$1,491,955$2,286,352
37$2,655,579$1,706,780$1,488,356$2,421,965
38$2,871,180$1,735,144$1,482,948$2,569,441
39$3,107,032$1,763,158$1,475,618$2,729,971
40$3,365,144$1,790,748$1,466,247$2,904,862
41$3,647,732$1,817,838$1,454,709$3,095,561
42$3,957,233$1,844,344$1,440,874$3,303,659
43$4,296,333$1,870,179$1,424,605$3,530,912
44$4,667,987$1,895,246$1,405,758$3,779,256
45$5,075,454$1,919,445$1,384,183$4,050,828
46$5,522,319$1,942,666$1,359,721$4,347,980
47$6,012,533$1,964,794$1,332,209$4,673,309
48$6,550,447$1,985,705$1,301,474$5,029,677
49$7,140,854$2,005,266$1,267,336$5,420,238
50$7,789,035$2,023,338$1,229,605$5,848,473
51$8,500,804$2,039,769$1,188,084$6,318,217
52$9,282,567$2,054,399$1,142,566$6,833,700
53$10,141,384$2,067,059$1,092,837$7,399,585
54$11,085,027$2,077,567$1,038,669$8,021,012
55$12,122,062$2,085,730$979,827$8,703,651
56$13,261,926$2,091,344$916,064$9,453,750
57$14,515,013$2,094,191$847,123$10,278,199
58$15,892,776$2,094,038$772,734$11,184,591
59$17,407,835$2,090,641$692,616$12,181,302
60$19,074,090$2,083,739$606,474$13,277,562
61$20,906,859$2,073,054$514,003$14,483,547
62$22,923,017$2,058,292$414,880$15,810,475
63$25,141,159$2,039,142$308,773$17,270,714
64$27,581,771$2,015,274$195,331$18,877,897
65$30,267,426$1,986,337$74,189$20,647,051
66$33,222,996$1,951,960$0$22,594,744
67$36,475,885$1,911,750$0$24,754,520
68$40,056,289$1,865,290$0$27,154,185
69$43,997,481$1,812,139$0$29,795,440
70$48,336,121$1,751,830$0$32,702,864
71$53,112,605$1,683,870$0$35,903,546
72$58,371,446$1,607,735$0$39,427,334
73$64,161,691$1,522,871$0$43,307,123
74$70,537,386$1,428,695$0$47,579,164
75$77,558,086$1,324,587$0$52,283,403
76$85,289,412$1,209,893$0$57,463,865
77$93,803,676$1,083,922$0$63,169,062
78$103,180,559$945,943$0$69,452,457
79$113,507,866$795,183$0$76,372,968
80$124,882,348$630,827$0$83,995,520
81$137,410,623$452,013$0$92,391,667
82$151,210,176$257,831$0$101,640,257
83$166,410,469$47,320$0$111,828,186
84$183,154,162$0$0$123,051,214
85$201,598,462$0$0$135,440,695
86$221,916,601$0$0$149,096,503
87$244,299,477$0$0$164,140,191
88$268,957,448$0$0$180,713,164
89$296,122,324$0$0$198,971,246
90$326,049,550$0$0$219,086,151
91$359,020,621$0$0$241,247,102
92$395,345,732$0$0$265,662,615
93$435,366,712$0$0$292,562,473
94$479,460,247$0$0$322,199,887
95$528,041,435$0$0$354,853,893
96$581,567,707$0$0$390,831,980
97$640,543,139$0$0$430,472,997
98$705,523,214$0$0$474,150,346
99$777,120,064$0$0$522,275,512
100$856,008,247$0$0$575,301,942