Can I retire at age 30 with 1,700,000?

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$140,384$139,134$137,914$136,723$135,560$130,855
2 years$69,497$68,203$66,949$65,732$64,553$59,860
3 years$45,871$44,571$43,320$42,115$40,955$36,423
4 years$34,061$32,765$31,526$30,342$29,209$24,873
5 years$26,976$25,688$24,465$23,305$22,204$18,076
6 years$22,255$20,976$19,772$18,637$17,570$13,651
7 years$18,883$17,616$16,430$15,323$14,289$10,579
8 years$16,356$15,100$13,934$12,854$11,854$8,351
9 years$14,392$13,147$12,002$10,949$9,983$6,682
10 years$12,821$11,589$10,463$9,438$8,506$5,401
11 years$11,537$10,317$9,212$8,214$7,315$4,401
12 years$10,467$9,260$8,175$7,205$6,339$3,608
13 years$9,563$8,368$7,304$6,361$5,528$2,973
14 years$8,788$7,606$6,563$5,646$4,846$2,460
15 years$8,118$6,949$5,925$5,035$4,267$2,042
16 years$7,532$6,375$5,372$4,509$3,771$1,699
17 years$7,015$5,871$4,888$4,051$3,343$1,417
18 years$6,556$5,425$4,462$3,651$2,973$1,184
19 years$6,146$5,028$4,085$3,299$2,650$991
20 years$5,778$4,672$3,749$2,988$2,367$830
21 years$5,445$4,352$3,448$2,712$2,118$696
22 years$5,142$4,063$3,178$2,465$1,899$584
23 years$4,867$3,800$2,935$2,245$1,704$491
24 years$4,615$3,560$2,714$2,048$1,532$413
25 years$4,383$3,341$2,514$1,870$1,378$347
26 years$4,169$3,140$2,331$1,710$1,242$292
27 years$3,972$2,955$2,165$1,565$1,119$246
28 years$3,789$2,784$2,013$1,434$1,010$207
29 years$3,619$2,627$1,873$1,315$912$174
30 years$3,460$2,481$1,744$1,207$824$147
31 years$3,313$2,345$1,626$1,108$745$124
32 years$3,174$2,219$1,517$1,019$674$104
33 years$3,044$2,101$1,417$937$610$88
34 years$2,923$1,992$1,324$862$552$74
35 years$2,808$1,889$1,238$793$500$62
36 years$2,700$1,793$1,158$731$453$53
37 years$2,598$1,703$1,084$673$411$44
38 years$2,502$1,618$1,015$621$372$37
39 years$2,411$1,539$951$572$338$31
40 years$2,324$1,464$891$528$306$27
41 years$2,242$1,394$836$487$278$22
42 years$2,164$1,327$784$449$252$19
43 years$2,090$1,265$736$415$229$16
44 years$2,020$1,206$690$383$208$13
45 years$1,953$1,150$648$354$189$11
46 years$1,889$1,097$609$327$171$10
47 years$1,828$1,047$572$302$155$8
48 years$1,769$999$538$279$141$7
49 years$1,713$954$505$258$128$6
50 years$1,660$911$475$238$116$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,700,000, adding $5,062 every year, while hoping to spend $37,278 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: 75/20/5 Blend
29$1,700,000$1,700,000$1,700,000$1,700,000
30$1,878,621$1,788,521$1,762,171$2,018,513
31$2,030,577$1,836,496$1,781,541$2,159,119
32$2,196,783$1,885,571$1,800,309$2,307,864
33$2,378,654$1,935,762$1,818,418$2,469,760
34$2,577,745$1,987,084$1,835,804$2,646,091
35$2,795,773$2,039,548$1,852,401$2,838,277
36$3,034,625$2,093,170$1,868,140$3,047,876
37$3,296,381$2,147,959$1,882,947$3,276,605
38$3,583,332$2,203,929$1,896,745$3,526,358
39$3,897,999$2,261,088$1,909,453$3,799,215
40$4,243,160$2,319,447$1,920,986$4,097,472
41$4,621,877$2,379,015$1,931,253$4,423,654
42$5,037,519$2,439,797$1,940,161$4,780,544
43$5,493,799$2,501,800$1,947,609$5,171,208
44$5,994,807$2,565,029$1,953,494$5,599,020
45$6,545,047$2,629,485$1,957,707$6,067,699
46$7,149,484$2,695,172$1,960,132$6,581,342
47$7,813,584$2,762,088$1,960,649$7,144,461
48$8,543,370$2,830,230$1,959,131$7,762,027
49$9,345,477$2,899,595$1,955,445$8,439,517
50$10,227,215$2,970,175$1,949,452$9,182,964
51$11,196,639$3,041,961$1,941,007$9,999,015
52$12,262,620$3,114,942$1,929,955$10,894,994
53$13,434,936$3,189,102$1,916,136$11,878,968
54$14,724,355$3,264,424$1,899,383$12,959,828
55$16,142,746$3,340,888$1,879,519$14,147,368
56$17,703,183$3,418,468$1,856,359$15,452,379
57$19,420,071$3,497,136$1,829,711$16,886,754
58$21,309,284$3,576,861$1,799,372$18,463,592
59$23,388,309$3,657,606$1,765,129$20,197,332
60$25,676,418$3,739,330$1,726,762$22,103,879
61$28,194,843$3,821,987$1,684,039$24,200,761
62$30,966,979$3,905,527$1,636,716$26,507,291
63$34,018,605$3,989,892$1,584,541$29,044,751
64$37,378,126$4,075,021$1,527,247$31,836,592
65$41,076,842$4,160,843$1,464,556$34,908,652
66$45,149,241$4,247,285$1,396,179$38,289,407
67$49,633,324$4,334,263$1,321,813$42,010,233
68$54,570,969$4,421,688$1,241,139$46,105,704
69$60,008,317$4,509,459$1,153,826$50,613,922
70$65,996,214$4,597,472$1,059,528$55,576,868
71$72,590,689$4,685,609$957,884$61,040,809
72$79,853,481$4,773,746$848,514$67,056,726
73$87,852,621$4,861,745$731,025$73,680,798
74$96,663,078$4,949,459$605,003$80,974,935
75$106,367,460$5,036,731$470,019$89,007,358
76$117,056,798$5,123,388$325,622$97,853,245
77$128,831,405$5,209,247$171,343$107,595,442
78$141,801,817$5,294,110$6,693$118,325,242
79$156,089,845$5,377,763$0$130,143,249
80$171,829,715$5,459,980$0$143,169,344
81$189,169,342$5,540,514$0$157,517,649
82$208,271,719$5,619,104$0$173,322,466
83$229,316,463$5,695,468$0$190,732,188
84$252,501,503$5,769,307$0$209,910,343
85$278,044,952$5,840,299$0$231,037,132
86$306,187,164$5,908,100$0$254,311,137
87$337,193,003$5,972,346$0$279,951,192
88$371,354,342$6,032,643$0$308,198,446
89$408,992,819$6,088,577$0$339,318,648
90$450,462,871$6,139,702$0$373,604,646
91$496,155,081$6,185,544$0$411,379,158
92$546,499,863$6,225,600$0$452,997,816
93$601,971,529$6,259,334$0$498,852,525
94$663,092,757$6,286,173$0$549,375,162
95$730,439,534$6,305,512$0$605,041,651
96$804,646,590$6,316,706$0$666,376,461
97$886,413,385$6,319,067$0$733,957,553
98$976,510,718$6,311,869$0$808,421,840
99$1,075,787,999$6,294,338$0$890,471,196
100$1,185,181,267$6,265,653$0$980,879,088