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%15.3%
1 years$136,255$135,042$133,858$132,702$131,573$128,706
2 years$67,453$66,197$64,979$63,799$62,654$59,780
3 years$44,522$43,260$42,046$40,877$39,750$36,959
4 years$33,059$31,801$30,599$29,449$28,350$25,663
5 years$26,183$24,932$23,746$22,620$21,551$18,976
6 years$21,600$20,359$19,190$18,089$17,053$14,592
7 years$18,328$17,098$15,947$14,872$13,869$11,523
8 years$15,875$14,656$13,524$12,476$11,505$9,274
9 years$13,968$12,761$11,649$10,627$9,689$7,570
10 years$12,444$11,248$10,156$9,160$8,256$6,247
11 years$11,197$10,013$8,941$7,972$7,100$5,199
12 years$10,159$8,987$7,935$6,993$6,153$4,356
13 years$9,281$8,122$7,089$6,174$5,365$3,671
14 years$8,530$7,383$6,370$5,480$4,703$3,107
15 years$7,879$6,744$5,751$4,887$4,141$2,639
16 years$7,310$6,188$5,214$4,376$3,660$2,249
17 years$6,809$5,699$4,745$3,932$3,245$1,921
18 years$6,363$5,266$4,331$3,543$2,885$1,645
19 years$5,966$4,880$3,965$3,202$2,572$1,411
20 years$5,608$4,535$3,639$2,900$2,297$1,212
21 years$5,285$4,224$3,347$2,632$2,056$1,043
22 years$4,991$3,943$3,085$2,393$1,843$898
23 years$4,724$3,688$2,848$2,179$1,654$774
24 years$4,479$3,455$2,634$1,988$1,487$668
25 years$4,254$3,243$2,440$1,815$1,338$577
26 years$4,047$3,048$2,263$1,660$1,205$498
27 years$3,855$2,868$2,101$1,519$1,086$431
28 years$3,677$2,703$1,953$1,392$980$373
29 years$3,512$2,550$1,818$1,276$885$322
30 years$3,359$2,408$1,693$1,171$800$279
31 years$3,215$2,276$1,578$1,076$723$241
32 years$3,081$2,154$1,473$989$654$209
33 years$2,955$2,040$1,375$909$592$181
34 years$2,837$1,933$1,285$837$536$157
35 years$2,725$1,834$1,201$770$485$136
36 years$2,621$1,740$1,124$709$440$118
37 years$2,522$1,653$1,052$653$399$102
38 years$2,428$1,571$985$602$361$88
39 years$2,340$1,494$923$555$328$77
40 years$2,256$1,421$865$512$297$66
41 years$2,176$1,353$811$473$270$58
42 years$2,101$1,288$761$436$245$50
43 years$2,029$1,228$714$403$222$43
44 years$1,960$1,170$670$372$202$38
45 years$1,895$1,116$629$343$183$33
46 years$1,833$1,064$591$317$166$28
47 years$1,774$1,016$555$293$151$24
48 years$1,717$970$522$271$137$21
49 years$1,663$926$490$250$124$18
50 years$1,611$885$461$231$113$16

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 $2,473 every year, while hoping to spend $56,787 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: 69/21/10 Blend
29$1,650,000$1,650,000$1,650,000$1,650,000
30$1,820,851$1,733,401$1,707,826$1,942,679
31$1,946,157$1,757,917$1,704,617$2,048,319
32$2,082,341$1,781,730$1,699,398$2,156,737
33$2,230,452$1,804,748$1,692,040$2,273,833
34$2,391,646$1,826,868$1,682,411$2,400,449
35$2,567,192$1,847,983$1,670,370$2,537,514
36$2,758,490$1,867,978$1,655,772$2,686,050
37$2,967,077$1,886,731$1,638,462$2,847,184
38$3,194,648$1,904,110$1,618,279$3,022,160
39$3,443,067$1,919,975$1,595,056$3,212,346
40$3,714,384$1,934,179$1,568,615$3,419,251
41$4,010,861$1,946,563$1,538,773$3,644,541
42$4,334,982$1,956,958$1,505,336$3,890,049
43$4,689,487$1,965,186$1,468,101$4,157,797
44$5,077,390$1,971,055$1,426,858$4,450,013
45$5,502,010$1,974,364$1,381,384$4,769,154
46$5,967,004$1,974,896$1,331,449$5,117,930
47$6,476,397$1,972,424$1,276,811$5,499,325
48$7,034,621$1,966,705$1,217,216$5,916,631
49$7,646,560$1,957,481$1,152,400$6,373,477
50$8,317,590$1,944,479$1,082,087$6,873,864
51$9,053,635$1,927,409$1,005,987$7,422,200
52$9,861,217$1,905,963$923,799$8,023,348
53$10,747,522$1,879,816$835,207$8,682,668
54$11,720,464$1,848,622$739,882$9,406,066
55$12,788,763$1,812,016$637,479$10,200,058
56$13,962,021$1,769,609$527,639$11,071,823
57$15,250,820$1,720,992$409,987$12,029,278
58$16,666,812$1,665,730$284,131$13,081,148
59$18,222,839$1,603,363$149,661$14,237,053
60$19,933,045$1,533,404$6,151$15,507,597
61$21,813,014$1,455,339$0$16,904,472
62$23,879,914$1,368,623$0$18,456,248
63$26,152,659$1,272,680$0$20,163,167
64$28,652,090$1,166,901$0$22,040,283
65$31,401,166$1,050,642$0$24,104,912
66$34,425,185$923,223$0$26,376,141
67$37,752,019$783,926$0$28,875,004
68$41,412,376$631,990$0$31,624,684
69$45,440,095$466,613$0$34,650,734
70$49,872,455$286,948$0$37,981,314
71$54,750,537$92,100$0$41,647,464
72$60,119,602$0$0$45,683,390
73$66,029,524$0$0$50,154,268
74$72,535,257$0$0$55,099,419
75$79,697,352$0$0$60,543,602
76$87,582,530$0$0$66,537,549
77$96,264,313$0$0$73,137,161
78$105,823,710$0$0$80,404,037
79$116,349,991$0$0$88,406,050
80$127,941,518$0$0$97,217,995
81$140,706,681$0$0$106,922,285
82$154,764,917$0$0$117,609,737
83$170,247,838$0$0$129,380,422
84$187,300,469$0$0$142,344,613
85$206,082,619$0$0$156,623,825
86$226,770,391$0$0$172,351,959
87$249,557,836$0$0$189,676,565
88$274,658,792$0$0$208,760,240
89$302,308,896$0$0$229,782,155
90$332,767,811$0$0$252,939,749
91$366,321,672$0$0$278,450,591
92$403,285,790$0$0$306,554,436
93$444,007,627$0$0$337,515,481
94$488,870,072$0$0$371,624,868
95$538,295,057$0$0$409,203,420
96$592,747,538$0$0$450,604,678
97$652,739,883$0$0$496,218,233
98$718,836,708$0$0$546,473,405
99$791,660,206$0$0$601,843,293
100$871,896,019$0$0$662,849,243