Can I retire at age 30 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$119,740$118,673$117,632$116,617$115,625$114,086
2 years$59,277$58,173$57,103$56,066$55,060$53,511
3 years$39,125$38,017$36,950$35,922$34,932$33,423
4 years$29,052$27,946$26,890$25,880$24,914$23,455
5 years$23,009$21,910$20,868$19,878$18,939$17,535
6 years$18,982$17,891$16,864$15,897$14,986$13,639
7 years$16,106$15,025$14,014$13,070$12,188$10,897
8 years$13,951$12,879$11,885$10,964$10,111$8,878
9 years$12,275$11,214$10,237$9,339$8,515$7,338
10 years$10,935$9,884$8,925$8,050$7,255$6,134
11 years$9,840$8,799$7,857$7,006$6,239$5,173
12 years$8,928$7,898$6,973$6,145$5,407$4,394
13 years$8,156$7,137$6,230$5,425$4,715$3,754
14 years$7,496$6,488$5,598$4,816$4,133$3,222
15 years$6,924$5,927$5,054$4,295$3,639$2,777
16 years$6,424$5,438$4,582$3,846$3,216$2,402
17 years$5,983$5,008$4,169$3,455$2,852$2,083
18 years$5,592$4,627$3,806$3,114$2,536$1,811
19 years$5,242$4,289$3,484$2,814$2,260$1,578
20 years$4,928$3,985$3,198$2,548$2,019$1,377
21 years$4,644$3,712$2,941$2,313$1,807$1,203
22 years$4,386$3,465$2,711$2,103$1,619$1,053
23 years$4,151$3,241$2,503$1,915$1,454$923
24 years$3,936$3,036$2,315$1,747$1,307$810
25 years$3,738$2,850$2,144$1,595$1,176$711
26 years$3,556$2,678$1,989$1,459$1,059$624
27 years$3,388$2,520$1,846$1,335$955$549
28 years$3,232$2,375$1,717$1,223$862$483
29 years$3,087$2,241$1,597$1,122$778$425
30 years$2,952$2,116$1,488$1,029$703$374
31 years$2,825$2,000$1,387$945$635$330
32 years$2,707$1,893$1,294$869$575$290
33 years$2,597$1,792$1,208$799$520$256
34 years$2,493$1,699$1,129$735$471$226
35 years$2,395$1,611$1,056$677$427$199
36 years$2,303$1,529$988$623$387$176
37 years$2,216$1,453$924$574$350$155
38 years$2,134$1,380$866$529$318$137
39 years$2,056$1,313$811$488$288$121
40 years$1,982$1,249$760$450$261$106
41 years$1,912$1,189$713$415$237$94
42 years$1,846$1,132$669$383$215$83
43 years$1,783$1,079$627$354$195$73
44 years$1,723$1,028$589$327$177$65
45 years$1,666$981$553$302$161$57
46 years$1,611$935$519$279$146$50
47 years$1,559$893$488$257$133$44
48 years$1,509$852$458$238$120$39
49 years$1,461$814$431$220$109$35
50 years$1,416$777$405$203$99$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,450,000, adding $2,634 every year, while hoping to spend $50,833 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: 34/42/24 Blend
29$1,450,000$1,450,000$1,450,000$1,450,000
30$1,600,617$1,523,767$1,501,292$1,643,269
31$1,709,794$1,544,346$1,497,499$1,695,897
32$1,828,403$1,564,229$1,491,876$1,747,811
33$1,957,353$1,583,329$1,484,307$1,802,775
34$2,097,644$1,601,553$1,474,671$1,861,092
35$2,250,374$1,618,799$1,462,843$1,923,100
36$2,416,754$1,634,962$1,448,690$1,989,172
37$2,598,115$1,649,927$1,432,074$2,059,722
38$2,795,923$1,663,574$1,412,848$2,135,210
39$3,011,790$1,675,772$1,390,862$2,216,146
40$3,247,492$1,686,385$1,365,955$2,303,095
41$3,504,984$1,695,265$1,337,962$2,396,684
42$3,786,417$1,702,258$1,306,709$2,497,607
43$4,094,159$1,707,196$1,272,011$2,606,633
44$4,430,820$1,709,905$1,233,680$2,724,615
45$4,799,270$1,710,197$1,191,514$2,852,497
46$5,202,672$1,707,872$1,145,306$2,991,325
47$5,644,507$1,702,722$1,094,838$3,142,256
48$6,128,612$1,694,520$1,039,880$3,306,572
49$6,659,209$1,683,030$980,194$3,485,692
50$7,240,950$1,668,000$915,532$3,681,186
51$7,878,956$1,649,161$845,632$3,894,792
52$8,578,872$1,626,232$770,223$4,128,430
53$9,346,911$1,598,912$689,019$4,384,227
54$10,189,920$1,566,882$601,725$4,664,535
55$11,115,438$1,529,806$508,029$4,971,953
56$12,131,773$1,487,327$407,609$5,309,356
57$13,248,075$1,439,067$300,124$5,679,924
58$14,474,423$1,384,626$185,224$6,087,168
59$15,821,923$1,323,582$62,538$6,534,973
60$17,302,809$1,255,486$0$7,027,628
61$18,930,556$1,179,866$0$7,587,391
62$20,720,014$1,096,220$0$8,220,214
63$22,687,540$1,004,020$0$8,915,963
64$24,851,158$902,706$0$9,681,141
65$27,230,724$791,686$0$10,522,927
66$29,848,115$670,336$0$11,449,244
67$32,727,436$537,995$0$12,468,829
68$35,895,243$393,966$0$13,591,326
69$39,380,800$237,513$0$14,827,372
70$43,216,347$67,857$0$16,188,705
71$47,437,410$0$0$17,688,272
72$52,083,130$0$0$19,393,885
73$57,196,637$0$0$21,306,015
74$62,825,454$0$0$23,411,101
75$69,021,946$0$0$25,728,760
76$75,843,811$0$0$28,280,606
77$83,354,628$0$0$31,090,457
78$91,624,452$0$0$34,184,558
79$100,730,480$0$0$37,591,828
80$110,757,773$0$0$41,344,133
81$121,800,062$0$0$45,476,589
82$133,960,633$0$0$50,027,888
83$147,353,296$0$0$55,040,670
84$162,103,464$0$0$60,561,919
85$178,349,333$0$0$66,643,408
86$196,243,187$0$0$73,342,191
87$215,952,835$0$0$80,721,136
88$237,663,191$0$0$88,849,522
89$261,578,023$0$0$97,803,691
90$287,921,874$0$0$107,667,767
91$316,942,178$0$0$118,534,455
92$348,911,600$0$0$130,505,908
93$384,130,605$0$0$143,694,700
94$422,930,293$0$0$158,224,880
95$465,675,529$0$0$174,233,147
96$512,768,378$0$0$191,870,142
97$564,651,908$0$0$211,301,864
98$621,814,363$0$0$232,711,243
99$684,793,780$0$0$256,299,861
100$754,183,060$0$0$282,289,858