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%14.9%
1 years$126,346$125,221$124,123$123,051$122,004$119,541
2 years$62,548$61,383$60,254$59,159$58,097$55,626
3 years$41,284$40,114$38,988$37,904$36,859$34,458
4 years$30,655$29,488$28,373$27,308$26,288$23,975
5 years$24,278$23,119$22,019$20,975$19,984$17,765
6 years$20,029$18,878$17,795$16,774$15,813$13,691
7 years$16,995$15,854$14,787$13,791$12,860$10,835
8 years$14,721$13,590$12,541$11,569$10,669$8,741
9 years$12,952$11,832$10,801$9,854$8,984$7,152
10 years$11,539$10,430$9,417$8,494$7,655$5,916
11 years$10,383$9,285$8,291$7,392$6,584$4,937
12 years$9,420$8,334$7,358$6,484$5,705$4,147
13 years$8,606$7,531$6,574$5,725$4,975$3,504
14 years$7,910$6,846$5,906$5,082$4,361$2,974
15 years$7,306$6,254$5,333$4,532$3,840$2,533
16 years$6,778$5,738$4,835$4,058$3,394$2,165
17 years$6,313$5,284$4,399$3,646$3,009$1,855
18 years$5,901$4,883$4,016$3,286$2,676$1,593
19 years$5,532$4,525$3,677$2,969$2,385$1,370
20 years$5,200$4,205$3,374$2,689$2,130$1,181
21 years$4,900$3,917$3,104$2,440$1,906$1,019
22 years$4,628$3,656$2,860$2,219$1,709$880
23 years$4,380$3,420$2,641$2,021$1,534$761
24 years$4,153$3,204$2,443$1,843$1,379$659
25 years$3,945$3,007$2,262$1,683$1,241$571
26 years$3,752$2,826$2,098$1,539$1,117$495
27 years$3,575$2,660$1,948$1,409$1,007$429
28 years$3,410$2,506$1,811$1,291$909$372
29 years$3,257$2,364$1,686$1,184$821$323
30 years$3,114$2,233$1,570$1,086$742$280
31 years$2,981$2,111$1,464$998$671$244
32 years$2,857$1,997$1,366$917$607$212
33 years$2,740$1,891$1,275$843$549$184
34 years$2,630$1,793$1,191$776$497$160
35 years$2,527$1,700$1,114$714$450$139
36 years$2,430$1,614$1,042$658$408$121
37 years$2,338$1,533$975$606$370$105
38 years$2,252$1,457$913$559$335$91
39 years$2,170$1,385$856$515$304$79
40 years$2,092$1,318$802$475$276$69
41 years$2,018$1,254$752$438$250$60
42 years$1,948$1,195$705$404$227$52
43 years$1,881$1,138$662$373$206$46
44 years$1,818$1,085$621$345$187$40
45 years$1,757$1,035$583$318$170$34
46 years$1,700$987$548$294$154$30
47 years$1,645$942$515$272$140$26
48 years$1,592$899$484$251$127$23
49 years$1,542$859$455$232$115$20
50 years$1,494$820$428$214$105$17

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 $2,569 every year, while hoping to spend $59,005 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: 25/46/29 Blend
29$1,530,000$1,530,000$1,530,000$1,530,000
30$1,688,710$1,607,620$1,583,905$1,715,548
31$1,798,177$1,623,612$1,574,185$1,754,289
32$1,916,833$1,638,411$1,562,162$1,790,630
33$2,045,552$1,651,895$1,547,696$1,828,380
34$2,185,296$1,663,935$1,530,641$1,867,700
35$2,337,123$1,674,395$1,510,845$1,908,767
36$2,502,198$1,683,129$1,488,146$1,951,786
37$2,681,801$1,689,981$1,462,378$1,996,984
38$2,877,341$1,694,787$1,433,364$2,044,616
39$3,090,370$1,697,371$1,400,922$2,094,971
40$3,322,593$1,697,548$1,364,858$2,148,371
41$3,575,888$1,695,118$1,324,972$2,205,178
42$3,852,323$1,689,874$1,281,053$2,265,797
43$4,154,173$1,681,590$1,232,881$2,330,683
44$4,483,942$1,670,031$1,180,226$2,400,341
45$4,844,388$1,654,947$1,122,847$2,475,338
46$5,238,546$1,636,070$1,060,493$2,556,308
47$5,669,760$1,613,119$992,902$2,643,956
48$6,141,709$1,585,796$919,797$2,739,071
49$6,658,446$1,553,783$840,894$2,842,529
50$7,224,435$1,516,745$755,891$2,955,310
51$7,844,589$1,474,328$664,475$3,078,502
52$8,524,322$1,426,155$566,320$3,213,317
53$9,269,595$1,371,828$461,083$3,361,102
54$10,086,972$1,310,927$348,409$3,523,359
55$10,983,687$1,243,006$227,924$3,701,751
56$11,967,704$1,167,593$99,240$3,898,130
57$13,047,796$1,084,192$0$4,114,551
58$14,233,628$992,274$0$4,365,082
59$15,535,846$891,284$0$4,674,006
60$16,966,178$780,632$0$5,013,528
61$18,537,542$659,698$0$5,386,907
62$20,264,172$527,823$0$5,797,745
63$22,161,745$384,314$0$6,250,026
64$24,247,535$228,437$0$6,748,154
65$26,540,573$59,420$0$7,296,996
66$29,061,823$0$0$7,901,934
67$31,834,386$0$0$8,631,456
68$34,883,711$0$0$9,467,169
69$38,237,836$0$0$10,386,716
70$41,927,656$0$0$11,398,606
71$45,987,208$0$0$12,512,210
72$50,453,998$0$0$13,737,856
73$55,369,346$0$0$15,086,925
74$60,778,785$0$0$16,571,955
75$66,732,483$0$0$18,206,761
76$73,285,717$0$0$20,006,569
77$80,499,396$0$0$21,988,153
78$88,440,634$0$0$24,169,997
79$97,183,383$0$0$26,572,469
80$106,809,129$0$0$29,218,013
81$117,407,662$0$0$32,131,360
82$129,077,922$0$0$35,339,762
83$141,928,930$0$0$38,873,246
84$156,080,821$0$0$42,764,905
85$171,665,971$0$0$47,051,200
86$188,830,251$0$0$51,772,312
87$207,734,400$0$0$56,972,516
88$228,555,541$0$0$62,700,604
89$251,488,854$0$0$69,010,339
90$276,749,415$0$0$75,960,966
91$304,574,228$0$0$83,617,771
92$335,224,457$0$0$92,052,698
93$368,987,894$0$0$101,345,023
94$406,181,674$0$0$111,582,109
95$447,155,266$0$0$122,860,224
96$492,293,771$0$0$135,285,454
97$542,021,556$0$0$148,974,702
98$596,806,261$0$0$164,056,792
99$657,163,208$0$0$180,673,686
100$723,660,270$0$0$198,981,821