Can I retire at age 30 with 1,670,000?

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 $1,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$137,907$136,679$135,480$134,310$133,168$131,124
2 years$68,271$66,999$65,767$64,572$63,413$61,359
3 years$45,062$43,785$42,556$41,372$40,232$38,231
4 years$33,460$32,186$30,970$29,806$28,694$26,762
5 years$26,500$25,235$24,034$22,894$21,813$19,955
6 years$21,862$20,606$19,423$18,309$17,260$15,479
7 years$18,550$17,305$16,140$15,052$14,037$12,333
8 years$16,068$14,833$13,688$12,627$11,645$10,018
9 years$14,138$12,915$11,790$10,756$9,807$8,257
10 years$12,595$11,384$10,279$9,271$8,356$6,881
11 years$11,333$10,135$9,049$8,069$7,186$5,785
12 years$10,282$9,096$8,031$7,077$6,227$4,898
13 years$9,394$8,220$7,175$6,248$5,430$4,170
14 years$8,633$7,472$6,447$5,547$4,760$3,568
15 years$7,975$6,826$5,821$4,947$4,191$3,065
16 years$7,399$6,263$5,277$4,429$3,704$2,641
17 years$6,891$5,768$4,802$3,980$3,284$2,283
18 years$6,441$5,330$4,384$3,586$2,920$1,977
19 years$6,038$4,939$4,013$3,241$2,603$1,716
20 years$5,676$4,590$3,683$2,935$2,325$1,492
21 years$5,349$4,275$3,388$2,664$2,081$1,299
22 years$5,052$3,991$3,122$2,422$1,865$1,133
23 years$4,781$3,733$2,883$2,206$1,674$989
24 years$4,533$3,497$2,666$2,012$1,505$864
25 years$4,306$3,282$2,469$1,837$1,354$756
26 years$4,096$3,084$2,290$1,680$1,220$661
27 years$3,902$2,903$2,127$1,538$1,100$579
28 years$3,722$2,735$1,977$1,409$992$507
29 years$3,555$2,580$1,840$1,292$896$445
30 years$3,399$2,437$1,714$1,186$810$390
31 years$3,254$2,304$1,598$1,089$732$342
32 years$3,118$2,180$1,491$1,001$662$300
33 years$2,991$2,064$1,392$920$599$263
34 years$2,871$1,957$1,300$847$542$231
35 years$2,758$1,856$1,216$779$491$203
36 years$2,652$1,761$1,137$718$445$178
37 years$2,552$1,673$1,065$661$403$157
38 years$2,458$1,590$997$610$366$138
39 years$2,368$1,512$934$562$332$121
40 years$2,283$1,438$875$518$301$106
41 years$2,203$1,369$821$478$273$93
42 years$2,126$1,304$770$441$248$82
43 years$2,053$1,242$723$408$225$72
44 years$1,984$1,184$678$376$204$63
45 years$1,918$1,129$637$347$185$56
46 years$1,855$1,077$598$321$168$49
47 years$1,795$1,028$562$297$153$43
48 years$1,738$981$528$274$139$38
49 years$1,683$937$496$253$126$33
50 years$1,631$895$467$234$114$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,670,000, adding $5,246 every year, while hoping to spend $32,879 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: 54/37/9 Blend
29$1,670,000$1,670,000$1,670,000$1,670,000
30$1,845,751$1,757,241$1,731,356$1,941,037
31$1,999,035$1,808,363$1,754,374$2,057,315
32$2,166,851$1,860,888$1,777,060$2,179,760
33$2,350,649$1,914,850$1,799,370$2,312,240
34$2,552,021$1,970,283$1,821,255$2,455,713
35$2,772,723$2,027,224$1,842,663$2,611,233
36$3,014,690$2,085,707$1,863,542$2,779,958
37$3,280,051$2,145,768$1,883,832$2,963,166
38$3,571,150$2,207,446$1,903,476$3,162,261
39$3,890,573$2,270,776$1,922,408$3,378,789
40$4,241,165$2,335,798$1,940,562$3,614,452
41$4,626,061$2,402,548$1,957,867$3,871,125
42$5,048,713$2,471,067$1,974,250$4,150,869
43$5,512,926$2,541,393$1,989,631$4,455,957
44$6,022,889$2,613,567$2,003,929$4,788,891
45$6,583,220$2,687,627$2,017,056$5,152,424
46$7,199,003$2,763,616$2,028,922$5,549,591
47$7,875,841$2,841,573$2,039,431$5,983,733
48$8,619,907$2,921,541$2,048,482$6,458,529
49$9,438,001$3,003,559$2,055,970$6,978,033
50$10,337,615$3,087,671$2,061,782$7,546,709
51$11,327,002$3,173,918$2,065,803$8,169,474
52$12,415,258$3,262,341$2,067,909$8,851,745
53$13,612,403$3,352,984$2,067,972$9,599,490
54$14,929,476$3,445,888$2,065,857$10,419,283
55$16,378,641$3,541,096$2,061,422$11,318,364
56$17,973,302$3,638,649$2,054,519$12,304,713
57$19,728,226$3,738,590$2,044,993$13,387,119
58$21,659,683$3,840,959$2,032,678$14,575,266
59$23,785,604$3,945,799$2,017,406$15,879,824
60$26,125,742$4,053,150$1,998,996$17,312,547
61$28,701,866$4,163,052$1,977,260$18,886,388
62$31,537,960$4,275,546$1,952,002$20,615,616
63$34,660,453$4,390,669$1,923,016$22,515,956
64$38,098,468$4,508,460$1,890,085$24,604,732
65$41,884,094$4,628,957$1,852,985$26,901,034
66$46,052,691$4,752,195$1,811,479$29,425,895
67$50,643,221$4,878,209$1,765,320$32,202,493
68$55,698,620$5,007,032$1,714,249$35,256,366
69$61,266,199$5,138,695$1,657,995$38,615,655
70$67,398,089$5,273,229$1,596,276$42,311,369
71$74,151,738$5,410,662$1,528,796$46,377,677
72$81,590,450$5,551,018$1,455,244$50,852,232
73$89,783,980$5,694,322$1,375,299$55,776,521
74$98,809,196$5,840,594$1,288,622$61,196,266
75$108,750,803$5,989,852$1,194,859$67,161,846
76$119,702,140$6,142,110$1,093,642$73,728,778
77$131,766,064$6,297,379$984,585$80,958,238
78$145,055,919$6,455,667$867,285$88,917,640
79$159,696,605$6,616,978$741,322$97,681,274
80$175,825,759$6,781,309$606,256$107,331,001
81$193,595,049$6,948,656$461,628$117,957,034
82$213,171,611$7,119,008$306,960$129,658,783
83$234,739,624$7,292,347$141,751$142,545,796
84$258,502,045$7,468,652$0$156,738,792
85$284,682,532$7,647,894$0$172,374,123
86$313,527,546$7,830,037$0$189,609,811
87$345,308,685$8,015,038$0$208,593,833
88$380,325,242$8,202,846$0$229,504,275
89$418,907,033$8,393,401$0$252,537,379
90$461,417,507$8,586,635$0$277,909,400
91$508,257,182$8,782,469$0$305,858,647
92$559,867,418$8,980,814$0$336,647,731
93$616,734,591$9,181,570$0$370,566,046
94$679,394,678$9,384,625$0$407,932,495
95$748,438,318$9,589,855$0$449,098,509
96$824,516,388$9,797,120$0$494,451,359
97$908,346,149$10,006,268$0$544,417,811
98$1,000,718,012$10,217,130$0$599,468,157
99$1,102,503,002$10,429,523$0$660,120,657
100$1,214,660,981$10,643,243$0$726,946,426