Can I retire at age 30 with 1,490,000?

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 $1,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$123,043$121,947$120,878$119,834$118,815$116,846
2 years$60,912$59,778$58,678$57,612$56,578$54,601
3 years$40,205$39,065$37,969$36,913$35,896$33,971
4 years$29,853$28,717$27,632$26,594$25,601$23,744
5 years$23,644$22,515$21,443$20,426$19,462$17,677
6 years$19,505$18,385$17,329$16,335$15,399$13,689
7 years$16,551$15,440$14,401$13,430$12,524$10,889
8 years$14,336$13,235$12,213$11,266$10,390$8,830
9 years$12,614$11,523$10,519$9,596$8,750$7,264
10 years$11,237$10,157$9,171$8,272$7,455$6,043
11 years$10,111$9,042$8,074$7,199$6,412$5,070
12 years$9,174$8,116$7,165$6,315$5,556$4,285
13 years$8,381$7,334$6,402$5,575$4,845$3,641
14 years$7,703$6,667$5,752$4,949$4,247$3,109
15 years$7,115$6,090$5,193$4,413$3,740$2,665
16 years$6,601$5,588$4,708$3,952$3,305$2,292
17 years$6,148$5,146$4,284$3,551$2,930$1,977
18 years$5,746$4,755$3,911$3,200$2,606$1,708
19 years$5,387$4,407$3,580$2,891$2,322$1,480
20 years$5,064$4,095$3,286$2,619$2,074$1,284
21 years$4,772$3,815$3,022$2,377$1,856$1,115
22 years$4,507$3,561$2,786$2,161$1,664$970
23 years$4,266$3,330$2,572$1,968$1,494$845
24 years$4,045$3,120$2,379$1,795$1,343$736
25 years$3,841$2,928$2,203$1,639$1,208$642
26 years$3,654$2,752$2,043$1,499$1,088$561
27 years$3,481$2,590$1,897$1,372$981$490
28 years$3,321$2,441$1,764$1,257$885$428
29 years$3,172$2,302$1,641$1,153$799$374
30 years$3,033$2,174$1,529$1,058$722$327
31 years$2,903$2,055$1,425$972$653$287
32 years$2,782$1,945$1,330$893$591$251
33 years$2,668$1,842$1,242$821$535$220
34 years$2,562$1,746$1,160$755$484$192
35 years$2,461$1,656$1,085$695$438$168
36 years$2,366$1,572$1,015$640$397$148
37 years$2,277$1,493$950$590$360$129
38 years$2,193$1,418$889$544$326$113
39 years$2,113$1,349$833$502$296$99
40 years$2,037$1,283$781$463$268$87
41 years$1,965$1,222$732$427$244$76
42 years$1,897$1,163$687$394$221$67
43 years$1,832$1,108$645$364$201$59
44 years$1,770$1,057$605$336$182$51
45 years$1,711$1,008$568$310$165$45
46 years$1,655$961$534$286$150$40
47 years$1,602$917$501$265$136$35
48 years$1,551$876$471$244$124$30
49 years$1,502$836$443$226$112$27
50 years$1,455$799$416$209$102$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,490,000, adding $5,579 every year, while hoping to spend $52,910 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: 50/45/5 Blend
29$1,490,000$1,490,000$1,490,000$1,490,000
30$1,647,735$1,568,765$1,545,670$1,727,880
31$1,759,508$1,589,338$1,541,154$1,803,582
32$1,880,909$1,609,147$1,534,713$1,879,624
33$2,012,863$1,628,097$1,526,228$1,960,974
34$2,156,390$1,646,088$1,515,571$2,048,141
35$2,312,610$1,663,015$1,502,612$2,141,684
36$2,482,757$1,678,764$1,487,210$2,242,224
37$2,668,189$1,693,214$1,469,222$2,350,443
38$2,870,399$1,706,236$1,448,495$2,467,096
39$3,091,030$1,717,692$1,424,871$2,593,016
40$3,331,894$1,727,438$1,398,183$2,729,123
41$3,594,981$1,735,316$1,368,256$2,876,431
42$3,882,485$1,741,162$1,334,908$3,036,063
43$4,196,820$1,744,801$1,297,949$3,209,256
44$4,540,645$1,746,045$1,257,179$3,397,376
45$4,916,885$1,744,696$1,212,390$3,601,932
46$5,328,765$1,740,544$1,163,362$3,824,588
47$5,779,832$1,733,364$1,109,868$4,067,184
48$6,273,996$1,722,920$1,051,670$4,331,748
49$6,815,560$1,708,959$988,517$4,620,521
50$7,409,265$1,691,216$920,150$4,935,975
51$8,060,331$1,669,406$846,296$5,280,840
52$8,774,508$1,643,230$766,670$5,658,127
53$9,558,129$1,612,370$680,975$6,071,161
54$10,418,172$1,576,490$588,902$6,523,611
55$11,362,321$1,535,233$490,125$7,019,528
56$12,399,039$1,488,221$384,306$7,563,378
57$13,537,652$1,435,055$271,091$8,160,095
58$14,788,432$1,375,312$150,112$8,815,118
59$16,162,695$1,308,545$20,983$9,534,453
60$17,672,906$1,234,280$0$10,324,724
61$19,332,800$1,152,018$0$11,199,473
62$21,157,507$1,061,228$0$12,162,133
63$23,163,696$961,351$0$13,220,503
64$25,369,732$851,796$0$14,384,424
65$27,795,849$731,938$0$15,664,749
66$30,464,339$601,117$0$17,073,450
67$33,399,765$458,635$0$18,623,733
68$36,629,189$303,756$0$20,330,159
69$40,182,426$135,700$0$22,208,791
70$44,092,332$0$0$24,277,344
71$48,395,104$0$0$26,578,306
72$53,130,627$0$0$29,184,827
73$58,342,849$0$0$32,053,921
74$64,080,194$0$0$35,212,269
75$70,396,019$0$0$38,689,267
76$77,349,117$0$0$42,517,308
77$85,004,272$0$0$46,732,083
78$93,432,866$0$0$51,372,923
79$102,713,559$0$0$56,483,164
80$112,933,025$0$0$62,110,562
81$124,186,772$0$0$68,307,736
82$136,580,039$0$0$75,132,673
83$150,228,795$0$0$82,649,265
84$165,260,829$0$0$90,927,922
85$181,816,954$0$0$100,046,226
86$200,052,339$0$0$110,089,674
87$220,137,970$0$0$121,152,472
88$242,262,264$0$0$133,338,437
89$266,632,848$0$0$146,761,965
90$293,478,517$0$0$161,549,117
91$323,051,391$0$0$177,838,808
92$355,629,297$0$0$195,784,115
93$391,518,390$0$0$215,553,725
94$431,056,039$0$0$237,333,523
95$474,614,017$0$0$261,328,350
96$522,602,001$0$0$287,763,935
97$575,471,446$0$0$316,889,021
98$633,719,842$0$0$348,977,721
99$697,895,409$0$0$384,332,098
100$768,602,272$0$0$423,285,020