Can I retire at age 30 with 1,630,000?

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 $1,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$134,604$133,405$132,235$131,093$129,978$127,198
2 years$66,636$65,395$64,192$63,026$61,895$59,107
3 years$43,982$42,736$41,536$40,381$39,268$36,561
4 years$32,658$31,416$30,228$29,092$28,007$25,399
5 years$25,865$24,630$23,458$22,346$21,290$18,791
6 years$21,338$20,112$18,958$17,870$16,846$14,458
7 years$18,106$16,890$15,754$14,692$13,700$11,423
8 years$15,683$14,478$13,361$12,325$11,366$9,199
9 years$13,799$12,606$11,507$10,498$9,572$7,513
10 years$12,293$11,111$10,032$9,049$8,156$6,204
11 years$11,061$9,892$8,832$7,876$7,014$5,167
12 years$10,036$8,878$7,839$6,908$6,078$4,332
13 years$9,169$8,023$7,003$6,099$5,300$3,653
14 years$8,426$7,293$6,292$5,414$4,646$3,093
15 years$7,784$6,662$5,681$4,828$4,091$2,630
16 years$7,222$6,113$5,151$4,323$3,616$2,243
17 years$6,726$5,629$4,687$3,884$3,206$1,917
18 years$6,286$5,202$4,279$3,500$2,850$1,643
19 years$5,893$4,821$3,917$3,163$2,541$1,410
20 years$5,540$4,480$3,595$2,865$2,269$1,213
21 years$5,221$4,173$3,306$2,600$2,031$1,044
22 years$4,931$3,895$3,047$2,364$1,820$900
23 years$4,666$3,643$2,814$2,153$1,634$776
24 years$4,425$3,413$2,602$1,964$1,469$670
25 years$4,202$3,203$2,410$1,793$1,322$579
26 years$3,998$3,011$2,235$1,640$1,190$501
27 years$3,808$2,833$2,076$1,501$1,073$433
28 years$3,633$2,670$1,930$1,375$968$375
29 years$3,470$2,519$1,796$1,261$875$325
30 years$3,318$2,379$1,673$1,157$790$281
31 years$3,176$2,249$1,559$1,063$714$244
32 years$3,043$2,128$1,455$977$646$211
33 years$2,919$2,015$1,358$898$585$183
34 years$2,802$1,910$1,269$826$529$159
35 years$2,692$1,811$1,187$761$480$138
36 years$2,589$1,719$1,110$701$435$119
37 years$2,491$1,633$1,039$646$394$103
38 years$2,399$1,552$973$595$357$90
39 years$2,311$1,476$912$549$324$78
40 years$2,228$1,404$854$506$294$68
41 years$2,150$1,336$801$467$266$59
42 years$2,075$1,273$752$431$242$51
43 years$2,004$1,213$705$398$219$44
44 years$1,937$1,156$662$367$199$38
45 years$1,872$1,102$622$339$181$33
46 years$1,811$1,052$584$313$164$29
47 years$1,752$1,003$548$289$149$25
48 years$1,696$958$515$267$135$22
49 years$1,643$915$484$247$123$19
50 years$1,591$874$455$228$112$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,630,000, adding $2,665 every year, while hoping to spend $25,659 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: 39/41/20 Blend
29$1,630,000$1,630,000$1,630,000$1,630,000
30$1,799,009$1,712,619$1,687,354$1,858,351
31$1,955,207$1,769,236$1,716,579$1,957,874
32$2,126,477$1,827,768$1,745,924$2,062,779
33$2,314,330$1,888,281$1,775,364$2,175,685
34$2,520,428$1,950,843$1,804,876$2,297,330
35$2,746,605$2,015,528$1,834,432$2,428,529
36$2,994,878$2,082,408$1,864,005$2,570,174
37$3,267,471$2,151,561$1,893,565$2,723,248
38$3,566,833$2,223,067$1,923,079$2,888,831
39$3,895,661$2,297,009$1,952,513$3,068,111
40$4,256,927$2,373,471$1,981,831$3,262,395
41$4,653,905$2,452,543$2,010,994$3,473,120
42$5,090,203$2,534,317$2,039,962$3,701,868
43$5,569,793$2,618,888$2,068,690$3,950,378
44$6,097,054$2,706,355$2,097,133$4,220,566
45$6,676,808$2,796,822$2,125,242$4,514,537
46$7,314,370$2,890,393$2,152,965$4,834,611
47$8,015,594$2,987,180$2,180,247$5,183,340
48$8,786,930$3,087,297$2,207,031$5,563,535
49$9,635,485$3,190,863$2,233,254$5,978,287
50$10,569,090$3,298,001$2,258,854$6,431,002
51$11,596,372$3,408,838$2,283,761$6,925,429
52$12,726,838$3,523,508$2,307,903$7,465,695
53$13,970,962$3,642,146$2,331,204$8,056,346
54$15,340,286$3,764,896$2,353,585$8,702,387
55$16,847,525$3,891,906$2,374,960$9,409,329
56$18,506,692$4,023,330$2,395,241$10,183,243
57$20,333,228$4,159,325$2,414,334$11,030,812
58$22,344,143$4,300,059$2,432,141$11,959,401
59$24,558,186$4,445,701$2,448,557$12,977,117
60$26,996,011$4,596,431$2,463,474$14,092,892
61$29,680,380$4,752,432$2,476,777$15,316,565
62$32,636,374$4,913,897$2,488,344$16,658,973
63$35,891,631$5,081,025$2,498,050$18,132,053
64$39,476,604$5,254,021$2,505,761$19,748,955
65$43,424,851$5,433,101$2,511,338$21,524,165
66$47,773,350$5,618,488$2,514,632$23,473,642
67$52,562,850$5,810,412$2,515,491$25,614,965
68$57,838,253$6,009,114$2,513,751$27,967,502
69$63,649,037$6,214,843$2,509,244$30,552,592
70$70,049,727$6,427,859$2,501,792$33,393,742
71$77,100,404$6,648,429$2,491,207$36,516,851
72$84,867,277$6,876,834$2,477,295$39,950,455
73$93,423,304$7,113,364$2,459,849$43,725,991
74$102,848,883$7,358,320$2,438,655$47,878,099
75$113,232,606$7,612,015$2,413,488$52,444,943
76$124,672,104$7,874,775$2,384,111$57,468,573
77$137,274,958$8,146,939$2,350,278$62,995,320
78$151,159,721$8,428,856$2,311,730$69,076,234
79$166,457,036$8,720,894$2,268,197$75,767,564
80$183,310,866$9,023,430$2,219,394$83,131,287
81$201,879,857$9,336,860$2,165,025$91,235,695
82$222,338,829$9,661,594$2,104,781$100,156,034
83$244,880,435$9,998,057$2,038,336$109,975,219
84$269,716,970$10,346,692$1,965,351$120,784,610
85$297,082,381$10,707,961$1,885,471$132,684,880
86$327,234,475$11,082,342$1,798,325$145,786,957
87$360,457,347$11,470,332$1,703,525$160,213,074
88$397,064,069$11,872,451$1,600,665$176,097,922
89$437,399,638$12,289,235$1,489,322$193,589,918
90$481,844,239$12,721,245$1,369,052$212,852,608
91$530,816,829$13,169,064$1,239,393$234,066,207
92$584,779,095$13,633,297$1,099,861$257,429,298
93$644,239,808$14,114,574$949,952$283,160,709
94$709,759,632$14,613,551$789,139$311,501,576
95$781,956,409$15,130,910$616,870$342,717,613
96$861,510,998$15,667,361$432,571$377,101,629
97$949,173,699$16,223,641$235,641$414,976,279
98$1,045,771,336$16,800,519$25,454$456,697,119
99$1,152,215,062$17,398,794$0$502,655,952
100$1,269,508,963$18,019,299$0$553,326,967