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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.3%
1 years$140,384$139,134$137,914$136,723$135,560$131,537
2 years$69,497$68,203$66,949$65,732$64,553$60,533
3 years$45,871$44,571$43,320$42,115$40,955$37,064
4 years$34,061$32,765$31,526$30,342$29,209$25,477
5 years$26,976$25,688$24,465$23,305$22,204$18,642
6 years$22,255$20,976$19,772$18,637$17,570$14,179
7 years$18,883$17,616$16,430$15,323$14,289$11,071
8 years$16,356$15,100$13,934$12,854$11,854$8,806
9 years$14,392$13,147$12,002$10,949$9,983$7,102
10 years$12,821$11,589$10,463$9,438$8,506$5,788
11 years$11,537$10,317$9,212$8,214$7,315$4,756
12 years$10,467$9,260$8,175$7,205$6,339$3,933
13 years$9,563$8,368$7,304$6,361$5,528$3,270
14 years$8,788$7,606$6,563$5,646$4,846$2,730
15 years$8,118$6,949$5,925$5,035$4,267$2,287
16 years$7,532$6,375$5,372$4,509$3,771$1,921
17 years$7,015$5,871$4,888$4,051$3,343$1,618
18 years$6,556$5,425$4,462$3,651$2,973$1,365
19 years$6,146$5,028$4,085$3,299$2,650$1,153
20 years$5,778$4,672$3,749$2,988$2,367$976
21 years$5,445$4,352$3,448$2,712$2,118$827
22 years$5,142$4,063$3,178$2,465$1,899$701
23 years$4,867$3,800$2,935$2,245$1,704$595
24 years$4,615$3,560$2,714$2,048$1,532$505
25 years$4,383$3,341$2,514$1,870$1,378$429
26 years$4,169$3,140$2,331$1,710$1,242$365
27 years$3,972$2,955$2,165$1,565$1,119$310
28 years$3,789$2,784$2,013$1,434$1,010$264
29 years$3,619$2,627$1,873$1,315$912$225
30 years$3,460$2,481$1,744$1,207$824$191
31 years$3,313$2,345$1,626$1,108$745$163
32 years$3,174$2,219$1,517$1,019$674$139
33 years$3,044$2,101$1,417$937$610$118
34 years$2,923$1,992$1,324$862$552$101
35 years$2,808$1,889$1,238$793$500$86
36 years$2,700$1,793$1,158$731$453$73
37 years$2,598$1,703$1,084$673$411$62
38 years$2,502$1,618$1,015$621$372$53
39 years$2,411$1,539$951$572$338$45
40 years$2,324$1,464$891$528$306$39
41 years$2,242$1,394$836$487$278$33
42 years$2,164$1,327$784$449$252$28
43 years$2,090$1,265$736$415$229$24
44 years$2,020$1,206$690$383$208$20
45 years$1,953$1,150$648$354$189$17
46 years$1,889$1,097$609$327$171$15
47 years$1,828$1,047$572$302$155$13
48 years$1,769$999$538$279$141$11
49 years$1,713$954$505$258$128$9
50 years$1,660$911$475$238$116$8

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 $6,061 every year, while hoping to spend $51,179 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: 31/40/29 Blend
29$1,700,000$1,700,000$1,700,000$1,700,000
30$1,879,652$1,789,552$1,763,202$1,921,100
31$2,016,922$1,822,786$1,767,815$1,987,021
32$2,166,479$1,855,933$1,770,868$2,053,040
33$2,329,521$1,888,935$1,772,253$2,123,109
34$2,507,369$1,921,729$1,771,860$2,197,619
35$2,701,474$1,954,248$1,769,571$2,277,003
36$2,913,436$1,986,417$1,765,263$2,361,739
37$3,145,015$2,018,161$1,758,808$2,452,358
38$3,398,150$2,049,393$1,750,071$2,549,446
39$3,674,972$2,080,025$1,738,910$2,653,652
40$3,977,833$2,109,959$1,725,176$2,765,694
41$4,309,317$2,139,093$1,708,715$2,886,365
42$4,672,274$2,167,315$1,689,364$3,016,542
43$5,069,840$2,194,507$1,666,951$3,157,198
44$5,505,468$2,220,543$1,641,299$3,309,406
45$5,982,964$2,245,288$1,612,221$3,474,352
46$6,506,517$2,268,597$1,579,520$3,653,349
47$7,080,740$2,290,317$1,542,993$3,847,848
48$7,710,717$2,310,284$1,502,425$4,059,451
49$8,402,045$2,328,323$1,457,591$4,289,932
50$9,160,891$2,344,248$1,408,258$4,541,248
51$9,994,048$2,357,862$1,354,180$4,815,563
52$10,908,996$2,368,953$1,295,101$5,115,269
53$11,913,980$2,377,297$1,230,752$5,443,007
54$13,018,078$2,382,657$1,160,855$5,801,696
55$14,231,294$2,384,779$1,085,115$6,194,558
56$15,564,647$2,383,394$1,003,227$6,625,154
57$17,030,277$2,378,217$914,872$7,097,416
58$18,641,560$2,368,944$819,715$7,615,685
59$20,413,230$2,355,254$717,407$8,184,757
60$22,361,524$2,336,805$607,584$8,809,926
61$24,504,327$2,313,236$489,865$9,497,035
62$26,861,346$2,284,163$363,854$10,252,539
63$29,454,295$2,249,179$229,135$11,083,559
64$32,307,098$2,207,853$85,275$11,997,958
65$35,446,113$2,159,729$0$13,004,414
66$38,900,384$2,104,323$0$14,133,624
67$42,701,911$2,041,123$0$15,404,570
68$46,885,956$1,969,588$0$16,802,656
69$51,491,369$1,889,143$0$18,340,913
70$56,560,960$1,799,183$0$20,033,708
71$62,141,900$1,699,065$0$21,896,886
72$68,286,165$1,588,110$0$23,947,917
73$75,051,027$1,465,601$0$26,206,064
74$82,499,596$1,330,779$0$28,692,566
75$90,701,409$1,182,842$0$31,430,841
76$99,733,093$1,020,941$0$34,446,708
77$109,679,083$844,182$0$37,768,635
78$120,632,420$651,618$0$41,428,009
79$132,695,629$442,249$0$45,459,431
80$145,981,685$215,021$0$49,901,054
81$160,615,078$0$0$54,794,934
82$176,732,989$0$0$60,201,167
83$194,486,586$0$0$66,260,659
84$214,042,444$0$0$72,935,666
85$235,584,125$0$0$80,288,891
86$259,313,901$0$0$88,389,430
87$285,454,671$0$0$97,313,422
88$314,252,057$0$0$107,144,771
89$345,976,730$0$0$117,975,938
90$380,926,953$0$0$129,908,810
91$419,431,409$0$0$143,055,663
92$461,852,291$0$0$157,540,225
93$508,588,728$0$0$173,498,837
94$560,080,548$0$0$191,081,747
95$616,812,430$0$0$210,454,524
96$679,318,479$0$0$231,799,621
97$748,187,268$0$0$255,318,098
98$824,067,390$0$0$281,231,520
99$907,673,582$0$0$309,784,046
100$999,793,473$0$0$341,244,738