Can I retire at age 30 with 1,570,000?

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 $1,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$129,649$128,494$127,368$126,268$125,194$120,512
2 years$64,183$62,987$61,829$60,706$59,616$54,953
3 years$42,363$41,163$40,007$38,895$37,823$33,325
4 years$31,456$30,259$29,115$28,021$26,976$22,678
5 years$24,913$23,724$22,595$21,523$20,506$16,419
6 years$20,553$19,372$18,260$17,212$16,226$12,352
7 years$17,439$16,269$15,174$14,151$13,196$9,535
8 years$15,105$13,945$12,869$11,871$10,947$7,495
9 years$13,291$12,142$11,084$10,111$9,219$5,971
10 years$11,840$10,702$9,663$8,716$7,855$4,806
11 years$10,654$9,528$8,507$7,586$6,756$3,898
12 years$9,667$8,552$7,550$6,654$5,854$3,181
13 years$8,831$7,728$6,745$5,874$5,105$2,609
14 years$8,116$7,025$6,061$5,214$4,475$2,148
15 years$7,497$6,417$5,472$4,650$3,940$1,774
16 years$6,956$5,888$4,961$4,164$3,482$1,469
17 years$6,479$5,422$4,515$3,741$3,088$1,219
18 years$6,055$5,010$4,121$3,372$2,746$1,013
19 years$5,676$4,644$3,773$3,047$2,447$843
20 years$5,336$4,315$3,462$2,759$2,186$703
21 years$5,028$4,019$3,185$2,504$1,956$586
22 years$4,749$3,752$2,935$2,277$1,753$489
23 years$4,495$3,509$2,710$2,074$1,574$409
24 years$4,262$3,288$2,506$1,891$1,415$342
25 years$4,048$3,085$2,321$1,727$1,273$286
26 years$3,850$2,900$2,153$1,579$1,147$239
27 years$3,668$2,729$1,999$1,446$1,034$200
28 years$3,499$2,572$1,859$1,324$933$167
29 years$3,342$2,426$1,730$1,215$842$140
30 years$3,196$2,291$1,611$1,115$761$117
31 years$3,059$2,166$1,502$1,024$688$98
32 years$2,931$2,049$1,401$941$622$82
33 years$2,812$1,941$1,308$865$563$69
34 years$2,699$1,839$1,223$796$510$58
35 years$2,593$1,745$1,143$733$462$48
36 years$2,494$1,656$1,069$675$419$41
37 years$2,399$1,573$1,001$622$379$34
38 years$2,310$1,495$937$573$344$28
39 years$2,226$1,421$878$528$312$24
40 years$2,146$1,352$823$487$283$20
41 years$2,071$1,287$772$450$257$17
42 years$1,999$1,226$724$415$233$14
43 years$1,930$1,168$679$383$211$12
44 years$1,865$1,113$638$354$192$10
45 years$1,803$1,062$599$327$174$8
46 years$1,744$1,013$562$302$158$7
47 years$1,688$967$528$279$144$6
48 years$1,634$923$496$258$130$5
49 years$1,582$881$467$238$118$4
50 years$1,533$842$439$220$108$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,570,000, adding $6,681 every year, while hoping to spend $58,748 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: 59/32/9 Blend
29$1,570,000$1,570,000$1,570,000$1,570,000
30$1,737,031$1,653,821$1,629,486$1,835,561
31$1,851,701$1,672,351$1,621,567$1,921,074
32$1,976,098$1,689,820$1,611,413$2,007,030
33$2,111,153$1,706,114$1,598,888$2,099,304
34$2,257,888$1,721,111$1,583,848$2,198,509
35$2,417,429$1,734,682$1,566,144$2,305,319
36$2,591,015$1,746,689$1,545,617$2,420,477
37$2,780,007$1,756,985$1,522,104$2,544,807
38$2,985,904$1,765,414$1,495,431$2,679,212
39$3,210,356$1,771,810$1,465,418$2,824,695
40$3,455,180$1,775,995$1,431,876$2,982,358
41$3,722,372$1,777,783$1,394,608$3,153,420
42$4,014,133$1,776,973$1,353,406$3,339,225
43$4,332,883$1,773,354$1,308,055$3,541,256
44$4,681,290$1,766,701$1,258,327$3,761,149
45$5,062,288$1,756,775$1,203,987$4,000,712
46$5,479,107$1,743,324$1,144,787$4,261,938
47$5,935,307$1,726,078$1,080,468$4,547,026
48$6,434,806$1,704,752$1,010,761$4,858,402
49$6,981,917$1,679,046$935,382$5,198,746
50$7,581,392$1,648,639$854,038$5,571,011
51$8,238,465$1,613,193$766,418$5,978,458
52$8,958,898$1,572,349$672,203$6,424,683
53$9,749,038$1,525,727$571,054$6,913,656
54$10,615,877$1,472,925$462,622$7,449,755
55$11,567,116$1,413,517$346,539$8,037,808
56$12,611,236$1,347,054$222,422$8,683,146
57$13,757,580$1,273,058$89,872$9,391,646
58$15,016,442$1,191,027$0$10,169,792
59$16,399,159$1,100,427$0$11,029,690
60$17,918,221$1,000,695$0$11,983,810
61$19,587,387$891,237$0$13,032,257
62$21,421,816$771,423$0$14,184,676
63$23,438,207$640,588$0$15,451,701
64$25,654,957$498,030$0$16,845,059
65$28,092,336$343,007$0$18,377,679
66$30,772,677$174,737$0$20,063,818
67$33,720,582$0$0$21,919,194
68$36,963,160$0$0$23,963,820
69$40,530,278$0$0$26,280,919
70$44,454,843$0$0$28,830,354
71$48,773,114$0$0$31,635,699
72$53,525,041$0$0$34,722,925
73$58,754,642$0$0$38,120,651
74$64,510,419$0$0$41,860,408
75$70,845,813$0$0$45,976,941
76$77,819,711$0$0$50,508,533
77$85,496,996$0$0$55,497,370
78$93,949,164$0$0$60,989,932
79$103,254,995$0$0$67,037,438
80$113,501,295$0$0$73,696,325
81$124,783,718$0$0$81,028,783
82$137,207,665$0$0$89,103,337
83$150,889,279$0$0$97,995,499
84$165,956,541$0$0$107,788,476
85$182,550,474$0$0$118,573,955
86$200,826,479$0$0$130,452,972
87$220,955,796$0$0$143,536,859
88$243,127,121$0$0$157,948,300
89$267,548,388$0$0$173,822,484
90$294,448,726$0$0$191,308,383
91$324,080,626$0$0$210,570,159
92$356,722,321$0$0$231,788,708
93$392,680,411$0$0$255,163,371
94$432,292,757$0$0$280,913,815
95$475,931,670$0$0$309,282,103
96$524,007,421$0$0$340,534,981
97$576,972,116$0$0$374,966,396
98$635,323,962$0$0$412,900,265
99$699,611,968$0$0$454,693,539
100$770,441,127$0$0$500,739,566