Can I retire at age 30 with 1,650,000?

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 $1,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$136,255$135,042$133,858$132,702$131,573$127,413
2 years$67,453$66,197$64,979$63,799$62,654$58,500
3 years$44,522$43,260$42,046$40,877$39,750$35,733
4 years$33,059$31,801$30,599$29,449$28,350$24,501
5 years$26,183$24,932$23,746$22,620$21,551$17,880
6 years$21,600$20,359$19,190$18,089$17,053$13,562
7 years$18,328$17,098$15,947$14,872$13,869$10,559
8 years$15,875$14,656$13,524$12,476$11,505$8,374
9 years$13,968$12,761$11,649$10,627$9,689$6,733
10 years$12,444$11,248$10,156$9,160$8,256$5,470
11 years$11,197$10,013$8,941$7,972$7,100$4,481
12 years$10,159$8,987$7,935$6,993$6,153$3,693
13 years$9,281$8,122$7,089$6,174$5,365$3,060
14 years$8,530$7,383$6,370$5,480$4,703$2,546
15 years$7,879$6,744$5,751$4,887$4,141$2,125
16 years$7,310$6,188$5,214$4,376$3,660$1,779
17 years$6,809$5,699$4,745$3,932$3,245$1,492
18 years$6,363$5,266$4,331$3,543$2,885$1,254
19 years$5,966$4,880$3,965$3,202$2,572$1,056
20 years$5,608$4,535$3,639$2,900$2,297$890
21 years$5,285$4,224$3,347$2,632$2,056$751
22 years$4,991$3,943$3,085$2,393$1,843$634
23 years$4,724$3,688$2,848$2,179$1,654$536
24 years$4,479$3,455$2,634$1,988$1,487$454
25 years$4,254$3,243$2,440$1,815$1,338$384
26 years$4,047$3,048$2,263$1,660$1,205$325
27 years$3,855$2,868$2,101$1,519$1,086$275
28 years$3,677$2,703$1,953$1,392$980$233
29 years$3,512$2,550$1,818$1,276$885$198
30 years$3,359$2,408$1,693$1,171$800$168
31 years$3,215$2,276$1,578$1,076$723$142
32 years$3,081$2,154$1,473$989$654$121
33 years$2,955$2,040$1,375$909$592$102
34 years$2,837$1,933$1,285$837$536$87
35 years$2,725$1,834$1,201$770$485$74
36 years$2,621$1,740$1,124$709$440$62
37 years$2,522$1,653$1,052$653$399$53
38 years$2,428$1,571$985$602$361$45
39 years$2,340$1,494$923$555$328$38
40 years$2,256$1,421$865$512$297$32
41 years$2,176$1,353$811$473$270$27
42 years$2,101$1,288$761$436$245$23
43 years$2,029$1,228$714$403$222$20
44 years$1,960$1,170$670$372$202$17
45 years$1,895$1,116$629$343$183$14
46 years$1,833$1,064$591$317$166$12
47 years$1,774$1,016$555$293$151$10
48 years$1,717$970$522$271$137$9
49 years$1,663$926$490$250$124$7
50 years$1,611$885$461$231$113$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,650,000, adding $4,807 every year, while hoping to spend $48,256 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: 36/41/23 Blend
29$1,650,000$1,650,000$1,650,000$1,650,000
30$1,823,258$1,735,808$1,710,233$1,876,088
31$1,957,887$1,769,519$1,716,182$1,949,043
32$2,104,630$1,803,264$1,720,713$2,022,954
33$2,264,672$1,836,994$1,723,727$2,101,777
34$2,439,319$1,870,657$1,725,122$2,185,983
35$2,630,004$1,904,193$1,724,788$2,276,090
36$2,838,308$1,937,542$1,722,612$2,372,672
37$3,065,970$1,970,637$1,718,474$2,476,363
38$3,314,906$2,003,405$1,712,250$2,587,860
39$3,587,223$2,035,769$1,703,807$2,707,936
40$3,885,245$2,067,646$1,693,009$2,837,444
41$4,211,526$2,098,947$1,679,712$2,977,326
42$4,568,883$2,129,577$1,663,763$3,128,621
43$4,960,415$2,159,432$1,645,005$3,292,478
44$5,389,537$2,188,404$1,623,273$3,470,165
45$5,860,008$2,216,375$1,598,391$3,663,082
46$6,375,972$2,243,220$1,570,180$3,872,776
47$6,941,988$2,268,804$1,538,448$4,100,953
48$7,563,081$2,292,986$1,502,996$4,349,498
49$8,244,786$2,315,613$1,463,617$4,620,491
50$8,993,198$2,336,522$1,420,092$4,916,230
51$9,815,032$2,355,540$1,372,194$5,239,250
52$10,717,686$2,372,482$1,319,683$5,592,350
53$11,709,309$2,387,153$1,262,311$5,978,619
54$12,798,878$2,399,342$1,199,818$6,401,467
55$13,996,282$2,408,829$1,131,930$6,864,656
56$15,312,417$2,415,375$1,058,364$7,372,342
57$16,759,285$2,418,731$978,821$7,929,105
58$18,350,112$2,418,628$892,991$8,540,006
59$20,099,467$2,414,784$800,550$9,210,623
60$22,023,401$2,406,897$701,157$9,947,117
61$24,139,601$2,394,649$594,459$10,756,282
62$26,467,553$2,377,699$480,086$11,645,615
63$29,028,726$2,355,688$357,651$12,623,386
64$31,846,775$2,328,236$226,751$13,698,721
65$34,947,764$2,294,938$86,966$14,881,687
66$38,360,412$2,255,366$0$16,183,388
67$42,116,361$2,209,065$0$17,631,341
68$46,250,477$2,155,557$0$19,247,559
69$50,801,178$2,094,331$0$21,025,698
70$55,810,795$2,024,850$0$22,982,320
71$61,325,971$1,946,543$0$25,135,682
72$67,398,103$1,858,807$0$27,505,916
73$74,083,824$1,761,003$0$30,115,212
74$81,445,540$1,652,457$0$32,988,036
75$89,552,012$1,532,456$0$36,151,362
76$98,479,015$1,400,243$0$39,634,923
77$108,310,042$1,255,022$0$43,471,498
78$119,137,097$1,095,950$0$47,697,226
79$131,061,565$922,135$0$52,351,941
80$144,195,161$732,636$0$57,479,559
81$158,660,991$526,459$0$63,128,488
82$174,594,711$302,555$0$69,352,094
83$192,145,805$59,813$0$76,209,201
84$211,478,997$0$0$83,764,654
85$232,775,806$0$0$92,181,489
86$256,236,256$0$0$101,483,511
87$282,080,768$0$0$111,731,174
88$310,552,236$0$0$123,020,834
89$341,918,318$0$0$135,458,670
90$376,473,969$0$0$149,161,692
91$414,544,215$0$0$164,258,839
92$456,487,228$0$0$180,892,198
93$502,697,703$0$0$199,218,347
94$553,610,583$0$0$219,409,831
95$609,705,165$0$0$241,656,788
96$671,509,622$0$0$266,168,751
97$739,605,992$0$0$293,176,618
98$814,635,667$0$0$322,934,835
99$897,305,449$0$0$355,723,797
100$988,394,223$0$0$391,852,495