Can I retire at age 30 with 1,530,000?

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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$126,346$125,221$124,123$123,051$122,004$118,099
2 years$62,548$61,383$60,254$59,159$58,097$54,199
3 years$41,284$40,114$38,988$37,904$36,859$33,090
4 years$30,655$29,488$28,373$27,308$26,288$22,677
5 years$24,278$23,119$22,019$20,975$19,984$16,540
6 years$20,029$18,878$17,795$16,774$15,813$12,539
7 years$16,995$15,854$14,787$13,791$12,860$9,757
8 years$14,721$13,590$12,541$11,569$10,669$7,734
9 years$12,952$11,832$10,801$9,854$8,984$6,214
10 years$11,539$10,430$9,417$8,494$7,655$5,046
11 years$10,383$9,285$8,291$7,392$6,584$4,130
12 years$9,420$8,334$7,358$6,484$5,705$3,402
13 years$8,606$7,531$6,574$5,725$4,975$2,817
14 years$7,910$6,846$5,906$5,082$4,361$2,342
15 years$7,306$6,254$5,333$4,532$3,840$1,953
16 years$6,778$5,738$4,835$4,058$3,394$1,634
17 years$6,313$5,284$4,399$3,646$3,009$1,370
18 years$5,901$4,883$4,016$3,286$2,676$1,150
19 years$5,532$4,525$3,677$2,969$2,385$968
20 years$5,200$4,205$3,374$2,689$2,130$815
21 years$4,900$3,917$3,104$2,440$1,906$687
22 years$4,628$3,656$2,860$2,219$1,709$580
23 years$4,380$3,420$2,641$2,021$1,534$490
24 years$4,153$3,204$2,443$1,843$1,379$414
25 years$3,945$3,007$2,262$1,683$1,241$350
26 years$3,752$2,826$2,098$1,539$1,117$296
27 years$3,575$2,660$1,948$1,409$1,007$251
28 years$3,410$2,506$1,811$1,291$909$212
29 years$3,257$2,364$1,686$1,184$821$180
30 years$3,114$2,233$1,570$1,086$742$152
31 years$2,981$2,111$1,464$998$671$129
32 years$2,857$1,997$1,366$917$607$109
33 years$2,740$1,891$1,275$843$549$93
34 years$2,630$1,793$1,191$776$497$79
35 years$2,527$1,700$1,114$714$450$67
36 years$2,430$1,614$1,042$658$408$56
37 years$2,338$1,533$975$606$370$48
38 years$2,252$1,457$913$559$335$41
39 years$2,170$1,385$856$515$304$34
40 years$2,092$1,318$802$475$276$29
41 years$2,018$1,254$752$438$250$25
42 years$1,948$1,195$705$404$227$21
43 years$1,881$1,138$662$373$206$18
44 years$1,818$1,085$621$345$187$15
45 years$1,757$1,035$583$318$170$13
46 years$1,700$987$548$294$154$11
47 years$1,645$942$515$272$140$9
48 years$1,592$899$484$251$127$8
49 years$1,542$859$455$232$115$7
50 years$1,494$820$428$214$105$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,530,000, adding $6,368 every year, while hoping to spend $37,701 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: 37/47/16 Blend
29$1,530,000$1,530,000$1,530,000$1,530,000
30$1,692,629$1,611,539$1,587,824$1,746,817
31$1,825,163$1,650,390$1,600,902$1,825,262
32$1,969,953$1,689,882$1,613,155$1,905,879
33$2,128,207$1,730,006$1,624,515$1,992,152
34$2,301,259$1,770,751$1,634,912$2,084,609
35$2,490,576$1,812,106$1,644,269$2,183,830
36$2,697,773$1,854,057$1,652,510$2,290,453
37$2,924,628$1,896,589$1,659,552$2,405,181
38$3,173,100$1,939,682$1,665,307$2,528,792
39$3,445,347$1,983,316$1,669,685$2,662,139
40$3,743,743$2,027,470$1,672,590$2,806,163
41$4,070,905$2,072,116$1,673,922$2,961,903
42$4,429,715$2,117,227$1,673,576$3,130,502
43$4,823,346$2,162,772$1,671,441$3,313,221
44$5,255,294$2,208,714$1,667,401$3,511,447
45$5,729,410$2,255,017$1,661,335$3,726,714
46$6,249,934$2,301,638$1,653,115$3,960,708
47$6,821,541$2,348,531$1,642,607$4,215,290
48$7,449,376$2,395,647$1,629,672$4,492,511
49$8,139,109$2,442,931$1,614,163$4,794,632
50$8,896,987$2,490,323$1,595,926$5,124,145
51$9,729,890$2,537,759$1,574,801$5,483,798
52$10,645,400$2,585,171$1,550,618$5,876,620
53$11,651,869$2,632,482$1,523,201$6,305,950
54$12,758,497$2,679,611$1,492,366$6,775,469
55$13,975,423$2,726,471$1,457,919$7,289,237
56$15,313,815$2,772,968$1,419,659$7,851,726
57$16,785,980$2,818,998$1,377,373$8,467,870
58$18,405,475$2,864,455$1,330,840$9,143,107
59$20,187,240$2,909,219$1,279,830$9,883,432
60$22,147,733$2,953,166$1,224,099$10,695,454
61$24,305,091$2,996,160$1,163,395$11,586,460
62$26,679,295$3,038,057$1,097,454$12,564,482
63$29,292,363$3,078,702$1,025,999$13,638,376
64$32,168,555$3,117,930$948,741$14,817,905
65$35,334,603$3,155,563$865,379$16,113,832
66$38,819,960$3,191,414$775,597$17,538,020
67$42,657,083$3,225,279$679,066$19,103,551
68$46,881,733$3,256,945$575,442$20,824,842
69$51,533,316$3,286,182$464,366$22,717,789
70$56,655,255$3,312,746$345,463$24,799,914
71$62,295,396$3,336,375$218,341$27,090,535
72$68,506,463$3,356,794$82,591$29,610,943
73$75,346,552$3,373,707$0$32,384,613
74$82,879,681$3,386,799$0$35,448,050
75$91,176,395$3,395,739$0$38,834,884
76$100,314,427$3,400,170$0$42,562,519
77$110,379,438$3,399,717$0$46,665,697
78$121,465,816$3,393,980$0$51,182,706
79$133,677,578$3,382,533$0$56,155,747
80$147,129,339$3,364,926$0$61,631,332
81$161,947,405$3,340,680$0$67,660,724
82$178,270,956$3,309,289$0$74,300,421
83$196,253,365$3,270,215$0$81,612,693
84$216,063,640$3,222,888$0$89,666,172
85$237,888,024$3,166,703$0$98,536,497
86$261,931,752$3,101,020$0$108,307,034
87$288,420,983$3,025,163$0$119,069,662
88$317,604,940$2,938,412$0$130,925,646
89$349,758,258$2,840,009$0$143,986,590
90$385,183,580$2,729,148$0$158,375,495
91$424,214,408$2,604,980$0$174,227,925
92$467,218,258$2,466,604$0$191,693,285
93$514,600,120$2,313,068$0$210,936,236
94$566,806,289$2,143,365$0$232,138,253
95$624,328,572$1,956,430$0$255,499,340
96$687,708,930$1,751,140$0$281,239,920
97$757,544,598$1,526,303$0$309,602,923
98$834,493,720$1,280,664$0$340,856,079
99$919,281,558$1,012,896$0$375,294,453
100$1,012,707,345$721,595$0$413,243,230