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%16.1%
1 years$129,649$128,494$127,368$126,268$125,194$122,068
2 years$64,183$62,987$61,829$60,706$59,616$56,487
3 years$42,363$41,163$40,007$38,895$37,823$34,788
4 years$31,456$30,259$29,115$28,021$26,976$24,058
5 years$24,913$23,724$22,595$21,523$20,506$17,715
6 years$20,553$19,372$18,260$17,212$16,226$13,563
7 years$17,439$16,269$15,174$14,151$13,196$10,662
8 years$15,105$13,945$12,869$11,871$10,947$8,541
9 years$13,291$12,142$11,084$10,111$9,219$6,938
10 years$11,840$10,702$9,663$8,716$7,855$5,697
11 years$10,654$9,528$8,507$7,586$6,756$4,717
12 years$9,667$8,552$7,550$6,654$5,854$3,932
13 years$8,831$7,728$6,745$5,874$5,105$3,296
14 years$8,116$7,025$6,061$5,214$4,475$2,774
15 years$7,497$6,417$5,472$4,650$3,940$2,344
16 years$6,956$5,888$4,961$4,164$3,482$1,986
17 years$6,479$5,422$4,515$3,741$3,088$1,687
18 years$6,055$5,010$4,121$3,372$2,746$1,436
19 years$5,676$4,644$3,773$3,047$2,447$1,224
20 years$5,336$4,315$3,462$2,759$2,186$1,045
21 years$5,028$4,019$3,185$2,504$1,956$894
22 years$4,749$3,752$2,935$2,277$1,753$765
23 years$4,495$3,509$2,710$2,074$1,574$655
24 years$4,262$3,288$2,506$1,891$1,415$562
25 years$4,048$3,085$2,321$1,727$1,273$482
26 years$3,850$2,900$2,153$1,579$1,147$414
27 years$3,668$2,729$1,999$1,446$1,034$355
28 years$3,499$2,572$1,859$1,324$933$305
29 years$3,342$2,426$1,730$1,215$842$262
30 years$3,196$2,291$1,611$1,115$761$226
31 years$3,059$2,166$1,502$1,024$688$194
32 years$2,931$2,049$1,401$941$622$167
33 years$2,812$1,941$1,308$865$563$144
34 years$2,699$1,839$1,223$796$510$124
35 years$2,593$1,745$1,143$733$462$106
36 years$2,494$1,656$1,069$675$419$92
37 years$2,399$1,573$1,001$622$379$79
38 years$2,310$1,495$937$573$344$68
39 years$2,226$1,421$878$528$312$58
40 years$2,146$1,352$823$487$283$50
41 years$2,071$1,287$772$450$257$43
42 years$1,999$1,226$724$415$233$37
43 years$1,930$1,168$679$383$211$32
44 years$1,865$1,113$638$354$192$28
45 years$1,803$1,062$599$327$174$24
46 years$1,744$1,013$562$302$158$20
47 years$1,688$967$528$279$144$18
48 years$1,634$923$496$258$130$15
49 years$1,582$881$467$238$118$13
50 years$1,533$842$439$220$108$11

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 $6,055 every year, while hoping to spend $31,295 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: 30/48/22 Blend
29$1,570,000$1,570,000$1,570,000$1,570,000
30$1,736,386$1,653,176$1,628,841$1,776,422
31$1,880,199$1,700,884$1,650,109$1,855,256
32$2,037,633$1,749,880$1,671,041$1,936,798
33$2,210,043$1,800,196$1,691,593$2,023,871
34$2,398,923$1,851,861$1,711,717$2,116,974
35$2,605,918$1,904,907$1,731,364$2,216,653
36$2,832,839$1,959,364$1,750,481$2,323,514
37$3,081,680$2,015,266$1,769,015$2,438,217
38$3,354,641$2,072,642$1,786,906$2,561,494
39$3,654,140$2,131,527$1,804,093$2,694,146
40$3,982,843$2,191,954$1,820,511$2,837,057
41$4,343,688$2,253,954$1,836,093$2,991,199
42$4,739,909$2,317,562$1,850,767$3,157,642
43$5,175,069$2,382,812$1,864,456$3,337,563
44$5,653,093$2,449,737$1,877,083$3,532,261
45$6,178,306$2,518,372$1,888,563$3,743,162
46$6,755,472$2,588,751$1,898,808$3,971,839
47$7,389,838$2,660,908$1,907,727$4,220,024
48$8,087,188$2,734,878$1,915,221$4,489,623
49$8,853,889$2,810,696$1,921,190$4,782,736
50$9,696,961$2,888,395$1,925,525$5,101,678
51$10,624,136$2,968,011$1,928,115$5,448,995
52$11,643,932$3,049,578$1,928,841$5,827,495
53$12,765,736$3,133,130$1,927,580$6,240,271
54$13,999,889$3,218,701$1,924,201$6,690,727
55$15,357,784$3,306,324$1,918,569$7,182,619
56$16,851,977$3,396,033$1,910,540$7,720,080
57$18,496,300$3,487,860$1,899,964$8,307,665
58$20,305,995$3,581,838$1,886,686$8,950,395
59$22,297,856$3,677,997$1,870,539$9,653,800
60$24,490,387$3,776,368$1,851,351$10,423,974
61$26,903,977$3,876,982$1,828,943$11,267,631
62$29,561,095$3,979,865$1,803,124$12,192,171
63$32,486,495$4,085,047$1,773,697$13,205,748
64$35,707,456$4,192,553$1,740,455$14,317,344
65$39,254,037$4,302,409$1,703,180$15,536,862
66$43,159,357$4,414,636$1,661,646$16,875,212
67$47,459,916$4,529,256$1,615,614$18,344,415
68$52,195,927$4,646,290$1,564,838$19,957,721
69$57,411,707$4,765,754$1,509,055$21,729,730
70$63,156,089$4,887,663$1,447,996$23,676,533
71$69,482,881$5,012,030$1,381,375$25,815,861
72$76,451,380$5,138,865$1,308,897$28,167,254
73$84,126,925$5,268,173$1,230,249$30,752,246
74$92,581,517$5,399,960$1,145,108$33,594,570
75$101,894,497$5,534,223$1,053,134$36,720,378
76$112,153,296$5,670,960$953,974$40,158,493
77$123,454,257$5,810,162$847,257$43,940,678
78$135,903,548$5,951,816$732,597$48,101,938
79$149,618,161$6,095,906$609,590$52,680,850
80$164,727,017$6,242,409$477,814$57,719,929
81$181,372,181$6,391,296$336,830$63,266,027
82$199,710,207$6,542,533$186,178$69,370,779
83$219,913,611$6,696,080$25,377$76,091,091
84$242,172,501$6,851,889$0$83,489,674
85$266,696,369$7,009,905$0$91,669,966
86$293,716,074$7,170,065$0$100,682,396
87$323,486,014$7,332,299$0$110,605,068
88$356,286,531$7,496,526$0$121,530,622
89$392,426,557$7,662,655$0$133,561,145
90$432,246,528$7,830,587$0$146,809,133
91$476,121,598$8,000,210$0$161,398,555
92$524,465,182$8,171,401$0$177,466,024
93$577,732,856$8,344,025$0$195,162,082
94$636,426,657$8,517,932$0$214,652,629
95$701,099,825$8,692,960$0$236,120,480
96$772,362,023$8,868,931$0$259,767,101
97$850,885,090$9,045,649$0$285,814,502
98$937,409,387$9,222,904$0$314,507,339
99$1,032,750,784$9,400,466$0$346,115,221
100$1,137,808,362$9,578,086$0$380,935,258