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%11%
1 years$118,088$117,036$116,010$115,008$114,030$113,550
2 years$58,459$57,371$56,316$55,292$54,300$53,815
3 years$38,586$37,492$36,440$35,426$34,450$33,976
4 years$28,651$27,561$26,519$25,523$24,570$24,110
5 years$22,692$21,608$20,580$19,604$18,678$18,233
6 years$18,720$17,645$16,631$15,677$14,779$14,350
7 years$15,884$14,818$13,821$12,889$12,019$11,607
8 years$13,758$12,702$11,721$10,812$9,971$9,575
9 years$12,106$11,059$10,095$9,210$8,397$8,017
10 years$10,785$9,748$8,801$7,939$7,155$6,790
11 years$9,704$8,678$7,749$6,909$6,153$5,805
12 years$8,805$7,789$6,877$6,060$5,332$4,999
13 years$8,044$7,039$6,144$5,350$4,650$4,332
14 years$7,393$6,398$5,520$4,749$4,076$3,773
15 years$6,828$5,845$4,984$4,236$3,589$3,300
16 years$6,335$5,363$4,519$3,793$3,172$2,897
17 years$5,901$4,939$4,112$3,408$2,812$2,552
18 years$5,515$4,564$3,754$3,071$2,501$2,253
19 years$5,170$4,230$3,436$2,775$2,229$1,994
20 years$4,860$3,930$3,154$2,513$1,991$1,769
21 years$4,580$3,661$2,901$2,281$1,782$1,571
22 years$4,326$3,417$2,674$2,074$1,597$1,398
23 years$4,094$3,196$2,469$1,889$1,434$1,246
24 years$3,882$2,995$2,283$1,723$1,289$1,111
25 years$3,687$2,810$2,114$1,573$1,159$992
26 years$3,507$2,641$1,961$1,438$1,044$887
27 years$3,341$2,486$1,821$1,317$942$794
28 years$3,187$2,342$1,693$1,206$850$710
29 years$3,044$2,210$1,575$1,106$767$636
30 years$2,911$2,087$1,467$1,015$693$571
31 years$2,786$1,973$1,368$932$627$512
32 years$2,670$1,867$1,276$857$567$459
33 years$2,561$1,768$1,192$788$513$412
34 years$2,458$1,675$1,114$725$465$370
35 years$2,362$1,589$1,041$667$421$332
36 years$2,271$1,508$974$615$381$299
37 years$2,185$1,432$912$566$346$268
38 years$2,104$1,361$854$522$313$241
39 years$2,028$1,295$800$481$284$217
40 years$1,955$1,232$750$444$258$195
41 years$1,886$1,172$703$410$234$176
42 years$1,821$1,117$659$378$212$158
43 years$1,758$1,064$619$349$192$142
44 years$1,699$1,014$581$322$175$128
45 years$1,643$967$545$298$159$115
46 years$1,589$922$512$275$144$104
47 years$1,537$880$481$254$131$93
48 years$1,488$840$452$235$119$84
49 years$1,441$803$425$217$108$76
50 years$1,396$767$400$200$98$68

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 $4,959 every year, while hoping to spend $23,793 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: 47/30/23 Blend
29$1,430,000$1,430,000$1,430,000$1,430,000
30$1,580,975$1,505,185$1,483,020$1,644,694
31$1,716,919$1,553,624$1,507,386$1,738,280
32$1,865,932$1,603,638$1,531,770$1,837,052
33$2,029,321$1,655,281$1,556,149$1,943,783
34$2,208,528$1,708,606$1,580,496$2,059,229
35$2,405,139$1,763,668$1,604,783$2,184,225
36$2,620,901$1,820,526$1,628,982$2,319,685
37$2,857,740$1,879,238$1,653,059$2,466,619
38$3,117,775$1,939,867$1,676,983$2,626,137
39$3,403,344$2,002,476$1,700,717$2,799,459
40$3,717,018$2,067,131$1,724,225$2,987,930
41$4,061,633$2,133,900$1,747,466$3,193,030
42$4,440,312$2,202,853$1,770,398$3,416,390
43$4,856,494$2,274,063$1,792,976$3,659,803
44$5,313,970$2,347,605$1,815,154$3,925,245
45$5,816,914$2,423,558$1,836,882$4,214,891
46$6,369,928$2,502,001$1,858,106$4,531,137
47$6,978,080$2,583,018$1,878,771$4,876,621
48$7,646,953$2,666,695$1,898,819$5,254,248
49$8,382,700$2,753,121$1,918,188$5,667,218
50$9,192,100$2,842,388$1,936,812$6,119,056
51$10,082,622$2,934,592$1,954,622$6,613,644
52$11,062,493$3,029,831$1,971,546$7,155,258
53$12,140,782$3,128,208$1,987,507$7,748,607
54$13,327,479$3,229,827$2,002,426$8,398,882
55$14,633,591$3,334,798$2,016,216$9,111,797
56$16,071,248$3,443,234$2,028,791$9,893,649
57$17,653,815$3,555,252$2,040,054$10,751,374
58$19,396,018$3,670,972$2,049,910$11,692,616
59$21,314,082$3,790,521$2,058,253$12,725,794
60$23,425,889$3,914,027$2,064,975$13,860,182
61$25,751,141$4,041,625$2,069,962$15,106,001
62$28,311,545$4,173,453$2,073,094$16,474,510
63$31,131,026$4,309,655$2,074,245$17,978,115
64$34,235,942$4,450,379$2,073,284$19,630,484
65$37,655,340$4,595,780$2,070,071$21,446,677
66$41,421,228$4,746,017$2,064,462$23,443,288
67$45,568,875$4,901,254$2,056,303$25,638,600
68$50,137,147$5,061,662$2,045,436$28,052,760
69$55,168,871$5,227,418$2,031,693$30,707,964
70$60,711,238$5,398,704$2,014,897$33,628,671
71$66,816,255$5,575,711$1,994,866$36,841,834
72$73,541,225$5,758,633$1,971,407$40,377,149
73$80,949,299$5,947,675$1,944,318$44,267,339
74$89,110,063$6,143,046$1,913,388$48,548,462
75$98,100,198$6,344,964$1,878,395$53,260,252
76$108,004,206$6,553,655$1,839,109$58,446,490
77$118,915,203$6,769,353$1,795,288$64,155,421
78$130,935,801$6,992,298$1,746,677$70,440,209
79$144,179,074$7,222,741$1,693,011$77,359,435
80$158,769,627$7,460,943$1,634,015$84,977,653
81$174,844,771$7,707,172$1,569,397$93,365,998
82$192,555,821$7,961,707$1,498,855$102,602,857
83$212,069,519$8,224,835$1,422,071$112,774,609
84$233,569,615$8,496,856$1,338,715$123,976,441
85$257,258,593$8,778,080$1,248,440$136,313,243
86$283,359,591$9,068,827$1,150,884$149,900,602
87$312,118,501$9,369,431$1,045,670$164,865,891
88$343,806,290$9,680,236$932,402$181,349,469
89$378,721,563$10,001,598$810,669$199,506,010
90$417,193,375$10,333,889$680,039$219,505,960
91$459,584,342$10,677,492$540,062$241,537,145
92$506,294,060$11,032,805$390,270$265,806,548
93$557,762,881$11,400,239$230,171$292,542,257
94$614,476,067$11,780,223$59,254$321,995,621
95$676,968,371$12,173,199$0$354,443,624
96$745,829,087$12,579,627$0$390,221,718
97$821,707,608$12,999,984$0$429,653,523
98$905,319,563$13,434,762$0$473,095,290
99$997,453,567$13,884,474$0$520,955,635
100$1,098,978,670$14,349,652$0$573,684,838