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%19.3%
1 years$140,384$139,134$137,914$136,723$135,560$130,491
2 years$69,497$68,203$66,949$65,732$64,553$59,504
3 years$45,871$44,571$43,320$42,115$40,955$36,085
4 years$34,061$32,765$31,526$30,342$29,209$24,555
5 years$26,976$25,688$24,465$23,305$22,204$17,779
6 years$22,255$20,976$19,772$18,637$17,570$13,375
7 years$18,883$17,616$16,430$15,323$14,289$10,324
8 years$16,356$15,100$13,934$12,854$11,854$8,116
9 years$14,392$13,147$12,002$10,949$9,983$6,466
10 years$12,821$11,589$10,463$9,438$8,506$5,204
11 years$11,537$10,317$9,212$8,214$7,315$4,221
12 years$10,467$9,260$8,175$7,205$6,339$3,444
13 years$9,563$8,368$7,304$6,361$5,528$2,825
14 years$8,788$7,606$6,563$5,646$4,846$2,326
15 years$8,118$6,949$5,925$5,035$4,267$1,921
16 years$7,532$6,375$5,372$4,509$3,771$1,590
17 years$7,015$5,871$4,888$4,051$3,343$1,320
18 years$6,556$5,425$4,462$3,651$2,973$1,097
19 years$6,146$5,028$4,085$3,299$2,650$913
20 years$5,778$4,672$3,749$2,988$2,367$761
21 years$5,445$4,352$3,448$2,712$2,118$635
22 years$5,142$4,063$3,178$2,465$1,899$530
23 years$4,867$3,800$2,935$2,245$1,704$443
24 years$4,615$3,560$2,714$2,048$1,532$370
25 years$4,383$3,341$2,514$1,870$1,378$309
26 years$4,169$3,140$2,331$1,710$1,242$259
27 years$3,972$2,955$2,165$1,565$1,119$217
28 years$3,789$2,784$2,013$1,434$1,010$181
29 years$3,619$2,627$1,873$1,315$912$152
30 years$3,460$2,481$1,744$1,207$824$127
31 years$3,313$2,345$1,626$1,108$745$106
32 years$3,174$2,219$1,517$1,019$674$89
33 years$3,044$2,101$1,417$937$610$75
34 years$2,923$1,992$1,324$862$552$63
35 years$2,808$1,889$1,238$793$500$52
36 years$2,700$1,793$1,158$731$453$44
37 years$2,598$1,703$1,084$673$411$37
38 years$2,502$1,618$1,015$621$372$31
39 years$2,411$1,539$951$572$338$26
40 years$2,324$1,464$891$528$306$22
41 years$2,242$1,394$836$487$278$18
42 years$2,164$1,327$784$449$252$15
43 years$2,090$1,265$736$415$229$13
44 years$2,020$1,206$690$383$208$11
45 years$1,953$1,150$648$354$189$9
46 years$1,889$1,097$609$327$171$8
47 years$1,828$1,047$572$302$155$6
48 years$1,769$999$538$279$141$5
49 years$1,713$954$505$258$128$4
50 years$1,660$911$475$238$116$4

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 $3,692 every year, while hoping to spend $45,165 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: 40/50/10 Blend
29$1,700,000$1,700,000$1,700,000$1,700,000
30$1,877,208$1,787,108$1,760,758$1,946,525
31$2,020,628$1,826,621$1,771,688$2,035,159
32$2,177,163$1,866,557$1,781,471$2,126,221
33$2,348,104$1,906,888$1,790,020$2,223,715
34$2,534,869$1,947,584$1,797,245$2,328,244
35$2,739,024$1,988,614$1,803,050$2,440,469
36$2,962,288$2,029,940$1,807,336$2,561,121
37$3,206,558$2,071,523$1,809,998$2,691,002
38$3,473,920$2,113,321$1,810,926$2,830,999
39$3,766,672$2,155,286$1,810,005$2,982,088
40$4,087,345$2,197,367$1,807,112$3,145,347
41$4,438,725$2,239,509$1,802,121$3,321,960
42$4,823,882$2,281,652$1,794,899$3,513,237
43$5,246,196$2,323,731$1,785,306$3,720,618
44$5,709,389$2,365,675$1,773,196$3,945,692
45$6,217,563$2,407,409$1,758,414$4,190,213
46$6,775,234$2,448,852$1,740,800$4,456,110
47$7,387,376$2,489,914$1,720,186$4,745,515
48$8,059,471$2,530,503$1,696,394$5,060,775
49$8,797,555$2,570,515$1,669,241$5,404,479
50$9,608,278$2,609,843$1,638,534$5,779,481
51$10,498,966$2,648,369$1,604,068$6,188,929
52$11,477,690$2,685,968$1,565,633$6,636,292
53$12,553,340$2,722,506$1,523,008$7,125,396
54$13,735,711$2,757,839$1,475,959$7,660,461
55$15,035,595$2,791,815$1,424,245$8,246,138
56$16,464,881$2,824,269$1,367,613$8,887,555
57$18,036,667$2,855,027$1,305,796$9,590,367
58$19,765,385$2,883,901$1,238,518$10,360,810
59$21,666,935$2,910,692$1,165,489$11,205,758
60$23,758,836$2,935,190$1,086,406$12,132,791
61$26,060,389$2,957,166$1,000,953$13,150,267
62$28,592,863$2,976,381$908,799$14,267,399
63$31,379,690$2,992,579$809,599$15,494,347
64$34,446,690$3,005,486$702,991$16,842,313
65$37,822,311$3,014,814$588,600$18,323,646
66$41,537,900$3,020,253$466,032$19,951,962
67$45,627,997$3,021,477$334,876$21,742,271
68$50,130,661$3,018,138$194,702$23,711,124
69$55,087,828$3,009,866$45,064$25,876,767
70$60,545,707$2,996,270$0$28,259,315
71$66,555,216$2,976,934$0$30,893,175
72$73,172,460$2,951,416$0$33,796,491
73$80,459,265$2,919,249$0$36,991,456
74$88,483,755$2,879,938$0$40,507,839
75$97,320,999$2,832,955$0$44,378,454
76$107,053,717$2,777,746$0$48,639,473
77$117,773,060$2,713,720$0$53,330,766
78$129,579,472$2,640,252$0$58,496,280
79$142,583,634$2,556,681$0$64,184,456
80$156,907,514$2,462,307$0$70,448,691
81$172,685,511$2,356,391$0$77,347,838
82$190,065,726$2,238,147$0$84,946,771
83$209,211,362$2,106,748$0$93,316,992
84$230,302,259$1,961,316$0$102,537,317
85$253,536,594$1,800,925$0$112,694,616
86$279,132,752$1,624,596$0$123,884,637
87$307,331,384$1,431,293$0$136,212,917
88$338,397,679$1,219,920$0$149,795,777
89$372,623,870$989,324$0$164,761,426
90$410,331,985$738,281$0$181,251,174
91$451,876,893$465,502$0$199,420,770
92$497,649,650$169,626$0$219,441,876
93$548,081,189$0$0$241,503,693
94$603,646,390$0$0$265,897,715
95$664,868,561$0$0$292,878,475
96$732,324,376$0$0$322,606,838
97$806,649,319$0$0$355,362,918
98$888,543,684$0$0$391,455,398
99$978,779,183$0$0$431,224,444
100$1,078,206,230$0$0$475,044,912