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%14.6%
1 years$136,255$135,042$133,858$132,702$131,573$129,075
2 years$67,453$66,197$64,979$63,799$62,654$60,147
3 years$44,522$43,260$42,046$40,877$39,750$37,312
4 years$33,059$31,801$30,599$29,449$28,350$26,000
5 years$26,183$24,932$23,746$22,620$21,551$19,296
6 years$21,600$20,359$19,190$18,089$17,053$14,895
7 years$18,328$17,098$15,947$14,872$13,869$11,808
8 years$15,875$14,656$13,524$12,476$11,505$9,542
9 years$13,968$12,761$11,649$10,627$9,689$7,822
10 years$12,444$11,248$10,156$9,160$8,256$6,483
11 years$11,197$10,013$8,941$7,972$7,100$5,419
12 years$10,159$8,987$7,935$6,993$6,153$4,562
13 years$9,281$8,122$7,089$6,174$5,365$3,861
14 years$8,530$7,383$6,370$5,480$4,703$3,284
15 years$7,879$6,744$5,751$4,887$4,141$2,803
16 years$7,310$6,188$5,214$4,376$3,660$2,401
17 years$6,809$5,699$4,745$3,932$3,245$2,061
18 years$6,363$5,266$4,331$3,543$2,885$1,774
19 years$5,966$4,880$3,965$3,202$2,572$1,530
20 years$5,608$4,535$3,639$2,900$2,297$1,321
21 years$5,285$4,224$3,347$2,632$2,056$1,143
22 years$4,991$3,943$3,085$2,393$1,843$989
23 years$4,724$3,688$2,848$2,179$1,654$858
24 years$4,479$3,455$2,634$1,988$1,487$744
25 years$4,254$3,243$2,440$1,815$1,338$646
26 years$4,047$3,048$2,263$1,660$1,205$561
27 years$3,855$2,868$2,101$1,519$1,086$488
28 years$3,677$2,703$1,953$1,392$980$424
29 years$3,512$2,550$1,818$1,276$885$369
30 years$3,359$2,408$1,693$1,171$800$321
31 years$3,215$2,276$1,578$1,076$723$280
32 years$3,081$2,154$1,473$989$654$244
33 years$2,955$2,040$1,375$909$592$212
34 years$2,837$1,933$1,285$837$536$185
35 years$2,725$1,834$1,201$770$485$161
36 years$2,621$1,740$1,124$709$440$141
37 years$2,522$1,653$1,052$653$399$123
38 years$2,428$1,571$985$602$361$107
39 years$2,340$1,494$923$555$328$93
40 years$2,256$1,421$865$512$297$81
41 years$2,176$1,353$811$473$270$71
42 years$2,101$1,288$761$436$245$62
43 years$2,029$1,228$714$403$222$54
44 years$1,960$1,170$670$372$202$47
45 years$1,895$1,116$629$343$183$41
46 years$1,833$1,064$591$317$166$36
47 years$1,774$1,016$555$293$151$31
48 years$1,717$970$522$271$137$27
49 years$1,663$926$490$250$124$24
50 years$1,611$885$461$231$113$21

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 $2,310 every year, while hoping to spend $58,667 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: 43/38/19 Blend
29$1,650,000$1,650,000$1,650,000$1,650,000
30$1,820,683$1,733,233$1,707,658$1,888,810
31$1,943,971$1,755,740$1,702,443$1,959,641
32$2,077,869$1,777,384$1,695,087$2,030,408
33$2,223,396$1,798,060$1,685,457$2,105,858
34$2,381,674$1,817,657$1,673,412$2,186,451
35$2,553,939$1,836,056$1,658,806$2,272,695
36$2,741,549$1,853,131$1,641,484$2,365,154
37$2,945,999$1,868,747$1,621,286$2,464,451
38$3,168,935$1,882,759$1,598,042$2,571,276
39$3,412,167$1,895,015$1,571,578$2,686,391
40$3,677,689$1,905,352$1,541,706$2,810,639
41$3,967,694$1,913,595$1,508,235$2,944,953
42$4,284,599$1,919,561$1,470,961$3,090,366
43$4,631,063$1,923,054$1,429,672$3,248,016
44$5,010,013$1,923,866$1,384,148$3,419,166
45$5,424,673$1,921,774$1,334,156$3,605,209
46$5,878,593$1,916,544$1,279,454$3,807,686
47$6,375,683$1,907,928$1,219,788$4,028,301
48$6,920,245$1,895,659$1,154,894$4,268,937
49$7,517,022$1,879,458$1,084,494$4,531,672
50$8,171,233$1,859,027$1,008,300$4,818,807
51$8,888,630$1,834,050$926,009$5,132,882
52$9,675,545$1,804,193$837,305$5,476,701
53$10,538,954$1,769,102$741,858$5,853,365
54$11,486,540$1,728,401$639,323$6,266,298
55$12,526,768$1,681,693$529,341$6,719,281
56$13,668,959$1,628,557$411,535$7,216,491
57$14,923,385$1,568,548$285,514$7,762,540
58$16,301,358$1,501,195$150,866$8,362,521
59$17,815,342$1,425,999$7,166$9,022,058
60$19,479,066$1,342,432$0$9,747,358
61$21,307,657$1,249,938$0$10,574,913
62$23,317,778$1,147,925$0$11,486,130
63$25,527,790$1,035,771$0$12,488,003
64$27,957,917$912,817$0$13,589,855
65$30,630,446$778,367$0$14,801,967
66$33,569,929$631,684$0$16,135,680
67$36,803,417$471,992$0$17,603,501
68$40,360,716$298,469$0$19,219,228
69$44,274,664$110,250$0$20,998,073
70$48,581,446$0$0$22,956,819
71$53,320,928$0$0$25,153,101
72$58,537,040$0$0$27,621,231
73$64,278,182$0$0$30,338,038
74$70,597,687$0$0$33,328,793
75$77,554,320$0$0$36,621,338
76$85,212,833$0$0$40,246,351
77$93,644,575$0$0$44,237,640
78$102,928,167$0$0$48,632,454
79$113,150,238$0$0$53,471,840
80$124,406,247$0$0$58,801,029
81$136,801,382$0$0$64,669,858
82$150,451,550$0$0$71,133,249
83$165,484,472$0$0$78,251,719
84$182,040,889$0$0$86,091,953
85$200,275,886$0$0$94,727,435
86$220,360,357$0$0$104,239,141
87$242,482,619$0$0$114,716,300
88$266,850,185$0$0$126,257,240
89$293,691,725$0$0$138,970,312
90$323,259,221$0$0$152,974,914
91$355,830,345$0$0$168,402,619
92$391,711,083$0$0$185,398,414
93$431,238,617$0$0$204,122,071
94$474,784,508$0$0$224,749,650
95$522,758,207$0$0$247,475,167
96$575,610,911$0$0$272,512,420
97$633,839,830$0$0$300,097,009
98$697,992,871$0$0$330,488,557
99$768,673,816$0$0$363,973,166
100$846,548,016$0$0$400,866,110