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

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$118,088$117,036$116,010$115,008$114,030$109,810
2 years$58,459$57,371$56,316$55,292$54,300$50,096
3 years$38,586$37,492$36,440$35,426$34,450$30,394
4 years$28,651$27,561$26,519$25,523$24,570$20,693
5 years$22,692$21,608$20,580$19,604$18,678$14,990
6 years$18,720$17,645$16,631$15,677$14,779$11,284
7 years$15,884$14,818$13,821$12,889$12,019$8,715
8 years$13,758$12,702$11,721$10,812$9,971$6,855
9 years$12,106$11,059$10,095$9,210$8,397$5,464
10 years$10,785$9,748$8,801$7,939$7,155$4,401
11 years$9,704$8,678$7,749$6,909$6,153$3,572
12 years$8,805$7,789$6,877$6,060$5,332$2,917
13 years$8,044$7,039$6,144$5,350$4,650$2,394
14 years$7,393$6,398$5,520$4,749$4,076$1,972
15 years$6,828$5,845$4,984$4,236$3,589$1,630
16 years$6,335$5,363$4,519$3,793$3,172$1,350
17 years$5,901$4,939$4,112$3,408$2,812$1,121
18 years$5,515$4,564$3,754$3,071$2,501$933
19 years$5,170$4,230$3,436$2,775$2,229$777
20 years$4,860$3,930$3,154$2,513$1,991$648
21 years$4,580$3,661$2,901$2,281$1,782$541
22 years$4,326$3,417$2,674$2,074$1,597$452
23 years$4,094$3,196$2,469$1,889$1,434$378
24 years$3,882$2,995$2,283$1,723$1,289$316
25 years$3,687$2,810$2,114$1,573$1,159$265
26 years$3,507$2,641$1,961$1,438$1,044$221
27 years$3,341$2,486$1,821$1,317$942$185
28 years$3,187$2,342$1,693$1,206$850$155
29 years$3,044$2,210$1,575$1,106$767$130
30 years$2,911$2,087$1,467$1,015$693$109
31 years$2,786$1,973$1,368$932$627$91
32 years$2,670$1,867$1,276$857$567$77
33 years$2,561$1,768$1,192$788$513$64
34 years$2,458$1,675$1,114$725$465$54
35 years$2,362$1,589$1,041$667$421$45
36 years$2,271$1,508$974$615$381$38
37 years$2,185$1,432$912$566$346$32
38 years$2,104$1,361$854$522$313$27
39 years$2,028$1,295$800$481$284$22
40 years$1,955$1,232$750$444$258$19
41 years$1,886$1,172$703$410$234$16
42 years$1,821$1,117$659$378$212$13
43 years$1,758$1,064$619$349$192$11
44 years$1,699$1,014$581$322$175$9
45 years$1,643$967$545$298$159$8
46 years$1,589$922$512$275$144$7
47 years$1,537$880$481$254$131$5
48 years$1,488$840$452$235$119$5
49 years$1,441$803$425$217$108$4
50 years$1,396$767$400$200$98$3

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 $6,546 every year, while hoping to spend $45,669 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: 49/44/7 Blend
29$1,430,000$1,430,000$1,430,000$1,430,000
30$1,582,612$1,506,822$1,484,657$1,656,976
31$1,695,447$1,532,065$1,485,802$1,733,728
32$1,818,261$1,557,014$1,485,454$1,811,648
33$1,952,022$1,581,607$1,483,516$1,895,204
34$2,097,799$1,605,776$1,479,884$1,984,934
35$2,256,765$1,629,450$1,474,451$2,081,430
36$2,430,213$1,652,551$1,467,103$2,185,348
37$2,619,565$1,674,996$1,457,721$2,297,407
38$2,826,388$1,696,698$1,446,181$2,418,405
39$3,052,404$1,717,561$1,432,354$2,549,219
40$3,299,513$1,737,484$1,416,101$2,690,818
41$3,569,803$1,756,361$1,397,280$2,844,270
42$3,865,575$1,774,075$1,375,741$3,010,754
43$4,189,364$1,790,505$1,351,329$3,191,569
44$4,543,958$1,805,519$1,323,877$3,388,150
45$4,932,430$1,818,977$1,293,215$3,602,081
46$5,358,163$1,830,733$1,259,163$3,835,105
47$5,824,884$1,840,627$1,221,533$4,089,149
48$6,336,696$1,848,491$1,180,129$4,366,338
49$6,898,120$1,854,148$1,134,744$4,669,015
50$7,514,134$1,857,407$1,085,163$4,999,765
51$8,190,222$1,858,067$1,031,163$5,361,441
52$8,932,425$1,855,912$972,507$5,757,188
53$9,747,397$1,850,717$908,951$6,190,477
54$10,642,468$1,842,238$840,237$6,665,137
55$11,625,713$1,830,221$766,098$7,185,390
56$12,706,026$1,814,392$686,253$7,755,893
57$13,893,208$1,794,465$600,410$8,381,785
58$15,198,054$1,770,132$508,262$9,068,732
59$16,632,458$1,741,071$409,492$9,822,984
60$18,209,524$1,706,939$303,765$10,651,435
61$19,943,688$1,667,372$190,733$11,561,686
62$21,850,856$1,621,984$70,035$12,562,125
63$23,948,551$1,570,370$0$13,661,997
64$26,256,082$1,512,097$0$14,875,891
65$28,794,722$1,446,709$0$16,216,532
66$31,587,910$1,373,723$0$17,691,117
67$34,661,470$1,292,629$0$19,313,355
68$38,043,859$1,202,887$0$21,098,363
69$41,766,429$1,103,925$0$23,062,807
70$45,863,728$995,141$0$25,225,064
71$50,373,820$875,895$0$27,605,392
72$55,338,650$745,514$0$30,226,131
73$60,804,434$603,285$0$33,111,906
74$66,822,096$448,456$0$36,289,869
75$73,447,752$280,232$0$39,789,954
76$80,743,233$97,774$0$43,645,162
77$88,776,673$0$0$47,891,874
78$97,623,150$0$0$52,618,522
79$107,365,392$0$0$57,876,113
80$118,094,560$0$0$63,666,529
81$129,911,107$0$0$70,044,010
82$142,925,725$0$0$77,068,324
83$157,260,391$0$0$84,805,332
84$173,049,514$0$0$93,327,610
85$190,441,207$0$0$102,715,133
86$209,598,683$0$0$113,056,029
87$230,701,794$0$0$124,447,410
88$253,948,730$0$0$136,996,292
89$279,557,888$0$0$150,820,600
90$307,769,930$0$0$166,050,284
91$338,850,061$0$0$182,828,545
92$373,090,525$0$0$201,313,183
93$410,813,365$0$0$221,678,093
94$452,373,464$0$0$244,114,899
95$498,161,893$0$0$268,834,767
96$548,609,602$0$0$296,070,396
97$604,191,486$0$0$326,078,215
98$665,430,868$0$0$359,140,804
99$732,904,441$0$0$395,569,559
100$807,247,707$0$0$435,707,634