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%15.4%
1 years$134,604$133,405$132,235$131,093$129,978$127,094
2 years$66,636$65,395$64,192$63,026$61,895$59,004
3 years$43,982$42,736$41,536$40,381$39,268$36,462
4 years$32,658$31,416$30,228$29,092$28,007$25,305
5 years$25,865$24,630$23,458$22,346$21,290$18,701
6 years$21,338$20,112$18,958$17,870$16,846$14,373
7 years$18,106$16,890$15,754$14,692$13,700$11,343
8 years$15,683$14,478$13,361$12,325$11,366$9,124
9 years$13,799$12,606$11,507$10,498$9,572$7,443
10 years$12,293$11,111$10,032$9,049$8,156$6,138
11 years$11,061$9,892$8,832$7,876$7,014$5,106
12 years$10,036$8,878$7,839$6,908$6,078$4,275
13 years$9,169$8,023$7,003$6,099$5,300$3,600
14 years$8,426$7,293$6,292$5,414$4,646$3,045
15 years$7,784$6,662$5,681$4,828$4,091$2,585
16 years$7,222$6,113$5,151$4,323$3,616$2,201
17 years$6,726$5,629$4,687$3,884$3,206$1,879
18 years$6,286$5,202$4,279$3,500$2,850$1,608
19 years$5,893$4,821$3,917$3,163$2,541$1,378
20 years$5,540$4,480$3,595$2,865$2,269$1,183
21 years$5,221$4,173$3,306$2,600$2,031$1,017
22 years$4,931$3,895$3,047$2,364$1,820$875
23 years$4,666$3,643$2,814$2,153$1,634$754
24 years$4,425$3,413$2,602$1,964$1,469$650
25 years$4,202$3,203$2,410$1,793$1,322$561
26 years$3,998$3,011$2,235$1,640$1,190$484
27 years$3,808$2,833$2,076$1,501$1,073$418
28 years$3,633$2,670$1,930$1,375$968$361
29 years$3,470$2,519$1,796$1,261$875$312
30 years$3,318$2,379$1,673$1,157$790$270
31 years$3,176$2,249$1,559$1,063$714$234
32 years$3,043$2,128$1,455$977$646$202
33 years$2,919$2,015$1,358$898$585$175
34 years$2,802$1,910$1,269$826$529$151
35 years$2,692$1,811$1,187$761$480$131
36 years$2,589$1,719$1,110$701$435$113
37 years$2,491$1,633$1,039$646$394$98
38 years$2,399$1,552$973$595$357$85
39 years$2,311$1,476$912$549$324$74
40 years$2,228$1,404$854$506$294$64
41 years$2,150$1,336$801$467$266$55
42 years$2,075$1,273$752$431$242$48
43 years$2,004$1,213$705$398$219$41
44 years$1,937$1,156$662$367$199$36
45 years$1,872$1,102$622$339$181$31
46 years$1,811$1,052$584$313$164$27
47 years$1,752$1,003$548$289$149$23
48 years$1,696$958$515$267$135$20
49 years$1,643$915$484$247$123$18
50 years$1,591$874$455$228$112$15

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 $6,018 every year, while hoping to spend $42,124 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: 50/37/13 Blend
29$1,630,000$1,630,000$1,630,000$1,630,000
30$1,802,468$1,716,078$1,690,813$1,885,934
31$1,941,500$1,755,346$1,702,635$1,983,120
32$2,093,301$1,795,126$1,713,442$2,083,758
33$2,259,130$1,835,400$1,723,155$2,192,173
34$2,440,372$1,876,144$1,731,690$2,309,109
35$2,638,550$1,917,336$1,738,963$2,435,384
36$2,855,345$1,958,948$1,744,880$2,571,901
37$3,092,603$2,000,950$1,749,347$2,719,654
38$3,352,362$2,043,310$1,752,264$2,879,739
39$3,636,862$2,085,991$1,753,524$3,053,362
40$3,948,572$2,128,954$1,753,016$3,241,854
41$4,290,209$2,172,156$1,750,626$3,446,681
42$4,664,769$2,215,550$1,746,230$3,669,456
43$5,075,547$2,259,084$1,739,700$3,911,961
44$5,526,177$2,302,703$1,730,904$4,176,156
45$6,020,658$2,346,346$1,719,701$4,464,205
46$6,563,396$2,389,949$1,705,942$4,778,489
47$7,159,246$2,433,440$1,689,474$5,121,635
48$7,813,554$2,476,743$1,670,136$5,496,538
49$8,532,209$2,519,776$1,647,758$5,906,388
50$9,321,699$2,562,450$1,622,164$6,354,703
51$10,189,173$2,604,670$1,593,166$6,845,359
52$11,142,503$2,646,334$1,560,572$7,382,629
53$12,190,366$2,687,331$1,524,178$7,971,223
54$13,342,317$2,727,544$1,483,772$8,616,332
55$14,608,886$2,766,847$1,439,131$9,323,680
56$16,001,673$2,805,103$1,390,023$10,099,575
57$17,533,459$2,842,168$1,336,204$10,950,969
58$19,218,325$2,877,888$1,277,420$11,885,528
59$21,071,785$2,912,095$1,213,405$12,911,701
60$23,110,934$2,944,615$1,143,880$14,038,800
61$25,354,606$2,975,257$1,068,557$15,277,092
62$27,823,552$3,003,822$987,130$16,637,891
63$30,540,639$3,030,093$899,283$18,133,671
64$33,531,059$3,053,843$804,684$19,778,180
65$36,822,573$3,074,827$702,987$21,586,575
66$40,445,770$3,092,788$593,831$23,575,559
67$44,434,352$3,107,448$476,838$25,763,546
68$48,825,457$3,118,514$351,614$28,170,833
69$53,660,008$3,125,676$217,747$30,819,791
70$58,983,095$3,128,600$74,808$33,735,079
71$64,844,404$3,126,935$0$36,943,878
72$71,298,686$3,120,307$0$40,486,930
73$78,406,268$3,108,319$0$44,398,249
74$86,233,631$3,090,550$0$48,703,913
75$94,854,027$3,066,552$0$53,444,111
76$104,348,178$3,035,853$0$58,663,136
77$114,805,031$2,997,949$0$64,409,804
78$126,322,604$2,952,308$0$70,737,914
79$139,008,904$2,898,366$0$77,706,760
80$152,982,951$2,835,524$0$85,381,688
81$168,375,897$2,763,150$0$93,834,718
82$185,332,267$2,680,573$0$103,145,222
83$204,011,321$2,587,084$0$113,400,677
84$224,588,557$2,481,932$0$124,697,490
85$247,257,364$2,364,322$0$137,141,910
86$272,230,855$2,233,413$0$150,851,035
87$299,743,868$2,088,316$0$165,953,916
88$330,055,192$1,928,093$0$182,592,780
89$363,449,999$1,751,747$0$200,924,370
90$400,242,547$1,558,230$0$221,121,435
91$440,779,134$1,346,431$0$243,374,354
92$485,441,377$1,115,177$0$267,892,940
93$534,649,806$863,229$0$294,908,426
94$588,867,836$589,278$0$324,675,644
95$648,606,144$291,942$0$357,475,440
96$714,427,484$0$0$393,617,325
97$786,952,001$0$0$433,454,711
98$866,863,086$0$0$477,480,810
99$954,913,824$0$0$525,991,702
100$1,051,934,104$0$0$579,444,654