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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.7%
1 years$129,649$128,494$127,368$126,268$125,194$121,284
2 years$64,183$62,987$61,829$60,706$59,616$55,711
3 years$42,363$41,163$40,007$38,895$37,823$34,046
4 years$31,456$30,259$29,115$28,021$26,976$23,356
5 years$24,913$23,724$22,595$21,523$20,506$17,053
6 years$20,553$19,372$18,260$17,212$16,226$12,943
7 years$17,439$16,269$15,174$14,151$13,196$10,082
8 years$15,105$13,945$12,869$11,871$10,947$8,001
9 years$13,291$12,142$11,084$10,111$9,219$6,437
10 years$11,840$10,702$9,663$8,716$7,855$5,233
11 years$10,654$9,528$8,507$7,586$6,756$4,289
12 years$9,667$8,552$7,550$6,654$5,854$3,538
13 years$8,831$7,728$6,745$5,874$5,105$2,933
14 years$8,116$7,025$6,061$5,214$4,475$2,442
15 years$7,497$6,417$5,472$4,650$3,940$2,040
16 years$6,956$5,888$4,961$4,164$3,482$1,708
17 years$6,479$5,422$4,515$3,741$3,088$1,434
18 years$6,055$5,010$4,121$3,372$2,746$1,207
19 years$5,676$4,644$3,773$3,047$2,447$1,017
20 years$5,336$4,315$3,462$2,759$2,186$858
21 years$5,028$4,019$3,185$2,504$1,956$724
22 years$4,749$3,752$2,935$2,277$1,753$612
23 years$4,495$3,509$2,710$2,074$1,574$518
24 years$4,262$3,288$2,506$1,891$1,415$438
25 years$4,048$3,085$2,321$1,727$1,273$371
26 years$3,850$2,900$2,153$1,579$1,147$315
27 years$3,668$2,729$1,999$1,446$1,034$267
28 years$3,499$2,572$1,859$1,324$933$226
29 years$3,342$2,426$1,730$1,215$842$192
30 years$3,196$2,291$1,611$1,115$761$163
31 years$3,059$2,166$1,502$1,024$688$138
32 years$2,931$2,049$1,401$941$622$117
33 years$2,812$1,941$1,308$865$563$100
34 years$2,699$1,839$1,223$796$510$85
35 years$2,593$1,745$1,143$733$462$72
36 years$2,494$1,656$1,069$675$419$61
37 years$2,399$1,573$1,001$622$379$52
38 years$2,310$1,495$937$573$344$44
39 years$2,226$1,421$878$528$312$37
40 years$2,146$1,352$823$487$283$32
41 years$2,071$1,287$772$450$257$27
42 years$1,999$1,226$724$415$233$23
43 years$1,930$1,168$679$383$211$19
44 years$1,865$1,113$638$354$192$17
45 years$1,803$1,062$599$327$174$14
46 years$1,744$1,013$562$302$158$12
47 years$1,688$967$528$279$144$10
48 years$1,634$923$496$258$130$9
49 years$1,582$881$467$238$118$7
50 years$1,533$842$439$220$108$6

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 $6,461 every year, while hoping to spend $43,916 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: 67/9/24 Blend
29$1,570,000$1,570,000$1,570,000$1,570,000
30$1,736,805$1,653,595$1,629,260$1,842,051
31$1,867,232$1,687,894$1,637,113$1,947,851
32$2,009,492$1,722,403$1,643,759$2,057,912
33$2,164,744$1,757,084$1,649,108$2,177,264
34$2,334,265$1,791,899$1,653,071$2,306,825
35$2,519,462$1,826,804$1,655,551$2,447,605
36$2,721,883$1,861,753$1,656,448$2,600,717
37$2,943,232$1,896,696$1,655,656$2,767,389
38$3,185,386$1,931,579$1,653,064$2,948,975
39$3,450,411$1,966,342$1,648,557$3,146,965
40$3,740,582$2,000,921$1,642,013$3,363,004
41$4,058,404$2,035,250$1,633,304$3,598,903
42$4,406,638$2,069,253$1,622,296$3,856,659
43$4,788,321$2,102,852$1,608,848$4,138,475
44$5,206,800$2,135,963$1,592,815$4,446,776
45$5,665,761$2,168,492$1,574,042$4,784,238
46$6,169,264$2,200,344$1,552,368$5,153,809
47$6,721,781$2,231,412$1,527,624$5,558,740
48$7,328,237$2,261,586$1,499,633$6,002,611
49$7,994,057$2,290,744$1,468,211$6,489,374
50$8,725,219$2,318,758$1,433,165$7,023,379
51$9,528,306$2,345,492$1,394,290$7,609,427
52$10,410,571$2,370,799$1,351,377$8,252,804
53$11,380,004$2,394,523$1,304,203$8,959,342
54$12,445,407$2,416,498$1,252,536$9,735,467
55$13,616,478$2,436,545$1,196,135$10,588,261
56$14,903,899$2,454,476$1,134,747$11,525,532
57$16,319,442$2,470,090$1,068,105$12,555,886
58$17,876,073$2,483,173$995,935$13,688,809
59$19,588,080$2,493,496$917,946$14,934,758
60$21,471,204$2,500,817$833,837$16,305,256
61$23,542,789$2,504,879$743,293$17,813,007
62$25,821,943$2,505,408$645,983$19,472,012
63$28,329,721$2,502,113$541,564$21,297,705
64$31,089,322$2,494,686$429,675$23,307,095
65$34,126,307$2,482,799$309,943$25,518,933
66$37,468,838$2,466,104$181,974$27,953,881
67$41,147,950$2,444,234$45,361$30,634,718
68$45,197,836$2,416,796$0$33,586,548
69$49,656,173$2,383,377$0$36,862,758
70$54,564,477$2,343,537$0$40,482,194
71$59,968,495$2,296,812$0$44,466,960
72$65,918,634$2,242,708$0$48,854,226
73$72,470,437$2,180,703$0$53,684,953
74$79,685,110$2,110,246$0$59,004,277
75$87,630,094$2,030,750$0$64,861,937
76$96,379,705$1,941,599$0$71,312,744
77$106,015,833$1,842,135$0$78,417,099
78$116,628,717$1,731,669$0$86,241,561
79$128,317,792$1,609,466$0$94,859,478
80$141,192,630$1,474,753$0$104,351,677
81$155,373,974$1,326,712$0$114,807,229
82$170,994,876$1,164,477$0$126,324,288
83$188,201,951$987,135$0$139,011,020
84$207,156,764$793,719$0$152,986,622
85$228,037,352$583,209$0$168,382,447
86$251,039,904$354,528$0$185,343,247
87$276,380,613$106,538$0$204,028,538
88$304,297,714$0$0$224,614,104
89$335,053,738$0$0$247,309,699
90$368,937,983$0$0$272,325,466
91$406,269,247$0$0$299,886,230
92$447,398,837$0$0$330,251,376
93$492,713,884$0$0$363,706,733
94$542,640,997$0$0$400,567,283
95$597,650,290$0$0$441,180,127
96$658,259,818$0$0$485,927,763
97$725,040,468$0$0$535,231,697
98$798,621,345$0$0$589,556,419
99$879,695,715$0$0$649,413,793
100$969,027,543$0$0$715,367,882