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%18.5%
1 years$118,088$117,036$116,010$115,008$114,030$110,116
2 years$58,459$57,371$56,316$55,292$54,300$50,396
3 years$38,586$37,492$36,440$35,426$34,450$30,680
4 years$28,651$27,561$26,519$25,523$24,570$20,962
5 years$22,692$21,608$20,580$19,604$18,678$15,241
6 years$18,720$17,645$16,631$15,677$14,779$11,516
7 years$15,884$14,818$13,821$12,889$12,019$8,930
8 years$13,758$12,702$11,721$10,812$9,971$7,053
9 years$12,106$11,059$10,095$9,210$8,397$5,647
10 years$10,785$9,748$8,801$7,939$7,155$4,568
11 years$9,704$8,678$7,749$6,909$6,153$3,724
12 years$8,805$7,789$6,877$6,060$5,332$3,056
13 years$8,044$7,039$6,144$5,350$4,650$2,520
14 years$7,393$6,398$5,520$4,749$4,076$2,086
15 years$6,828$5,845$4,984$4,236$3,589$1,733
16 years$6,335$5,363$4,519$3,793$3,172$1,443
17 years$5,901$4,939$4,112$3,408$2,812$1,204
18 years$5,515$4,564$3,754$3,071$2,501$1,007
19 years$5,170$4,230$3,436$2,775$2,229$843
20 years$4,860$3,930$3,154$2,513$1,991$707
21 years$4,580$3,661$2,901$2,281$1,782$593
22 years$4,326$3,417$2,674$2,074$1,597$499
23 years$4,094$3,196$2,469$1,889$1,434$419
24 years$3,882$2,995$2,283$1,723$1,289$353
25 years$3,687$2,810$2,114$1,573$1,159$297
26 years$3,507$2,641$1,961$1,438$1,044$250
27 years$3,341$2,486$1,821$1,317$942$210
28 years$3,187$2,342$1,693$1,206$850$177
29 years$3,044$2,210$1,575$1,106$767$149
30 years$2,911$2,087$1,467$1,015$693$126
31 years$2,786$1,973$1,368$932$627$106
32 years$2,670$1,867$1,276$857$567$90
33 years$2,561$1,768$1,192$788$513$75
34 years$2,458$1,675$1,114$725$465$64
35 years$2,362$1,589$1,041$667$421$54
36 years$2,271$1,508$974$615$381$45
37 years$2,185$1,432$912$566$346$38
38 years$2,104$1,361$854$522$313$32
39 years$2,028$1,295$800$481$284$27
40 years$1,955$1,232$750$444$258$23
41 years$1,886$1,172$703$410$234$19
42 years$1,821$1,117$659$378$212$16
43 years$1,758$1,064$619$349$192$14
44 years$1,699$1,014$581$322$175$12
45 years$1,643$967$545$298$159$10
46 years$1,589$922$512$275$144$8
47 years$1,537$880$481$254$131$7
48 years$1,488$840$452$235$119$6
49 years$1,441$803$425$217$108$5
50 years$1,396$767$400$200$98$4

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 $5,613 every year, while hoping to spend $50,183 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: 61/29/10 Blend
29$1,430,000$1,430,000$1,430,000$1,430,000
30$1,581,650$1,505,860$1,483,695$1,674,192
31$1,689,584$1,526,253$1,480,004$1,757,292
32$1,806,845$1,545,963$1,474,508$1,841,679
33$1,934,332$1,564,904$1,467,093$1,932,513
34$2,073,033$1,582,983$1,457,640$2,030,416
35$2,224,036$1,600,103$1,446,024$2,136,078
36$2,388,537$1,616,157$1,432,115$2,250,257
37$2,567,853$1,631,034$1,415,777$2,373,791
38$2,763,433$1,644,614$1,396,864$2,507,602
39$2,976,873$1,656,770$1,375,229$2,652,709
40$3,209,928$1,667,366$1,350,713$2,810,235
41$3,464,532$1,676,257$1,323,153$2,981,418
42$3,742,811$1,683,291$1,292,375$3,167,625
43$4,047,109$1,688,304$1,258,201$3,370,362
44$4,380,005$1,691,122$1,220,442$3,591,291
45$4,744,340$1,691,561$1,178,901$3,832,245
46$5,143,240$1,689,425$1,133,372$4,095,246
47$5,580,150$1,684,506$1,083,639$4,382,523
48$6,058,862$1,676,583$1,029,478$4,696,535
49$6,583,553$1,665,423$970,652$5,039,996
50$7,158,824$1,650,777$906,917$5,415,896
51$7,789,740$1,632,381$838,015$5,827,535
52$8,481,881$1,609,956$763,677$6,278,551
53$9,241,396$1,583,206$683,622$6,772,958
54$10,075,053$1,551,818$597,559$7,315,182
55$10,990,311$1,515,460$505,179$7,910,102
56$11,995,385$1,473,779$406,165$8,563,103
57$13,099,324$1,426,404$300,181$9,280,119
58$14,312,098$1,372,941$186,880$10,067,696
59$15,644,689$1,312,972$65,898$10,933,054
60$17,109,196$1,246,057$0$11,884,152
61$18,718,948$1,171,728$0$12,936,512
62$20,488,631$1,089,493$0$14,101,011
63$22,434,422$998,829$0$15,381,326
64$24,574,147$899,185$0$16,789,272
65$26,927,443$789,978$0$18,337,872
66$29,515,947$670,591$0$20,041,484
67$32,363,498$540,375$0$21,915,935
68$35,496,363$398,642$0$23,978,671
69$38,943,482$244,665$0$26,248,927
70$42,736,741$77,677$0$28,747,904
71$46,911,274$0$0$31,498,972
72$51,505,795$0$0$34,560,807
73$56,562,959$0$0$37,958,367
74$62,129,765$0$0$41,698,457
75$68,258,004$0$0$45,815,890
76$75,004,739$0$0$50,349,022
77$82,432,850$0$0$55,340,122
78$90,611,625$0$0$60,835,761
79$99,617,408$0$0$66,887,261
80$109,534,329$0$0$73,551,171
81$120,455,088$0$0$80,889,803
82$132,481,835$0$0$88,971,824
83$145,727,130$0$0$97,872,895
84$160,315,007$0$0$107,676,392
85$176,382,146$0$0$118,474,191
86$194,079,155$0$0$130,367,532
87$213,571,998$0$0$143,467,976
88$235,043,560$0$0$157,898,459
89$258,695,369$0$0$173,794,448
90$284,749,500$0$0$191,305,224
91$313,450,668$0$0$210,595,288
92$345,068,543$0$0$231,845,911
93$379,900,286$0$0$255,256,850
94$418,273,363$0$0$281,048,228
95$460,548,625$0$0$309,462,614
96$507,123,722$0$0$340,767,314
97$558,436,853$0$0$375,256,887
98$614,970,897$0$0$413,255,934
99$677,257,979$0$0$455,122,152
100$745,884,485$0$0$501,249,719