Can I retire at age 30 with 1,710,000?

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 $1,710,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$141,210$139,952$138,725$137,527$136,358$135,726
2 years$69,906$68,604$67,342$66,119$64,932$64,295
3 years$46,141$44,834$43,575$42,363$41,196$40,572
4 years$34,261$32,957$31,711$30,520$29,381$28,776
5 years$27,135$25,839$24,609$23,442$22,335$21,750
6 years$22,385$21,099$19,888$18,747$17,673$17,109
7 years$18,994$17,719$16,527$15,413$14,373$13,831
8 years$16,452$15,189$14,016$12,930$11,924$11,403
9 years$14,476$13,225$12,072$11,013$10,041$9,542
10 years$12,896$11,657$10,525$9,493$8,556$8,078
11 years$11,604$10,377$9,266$8,262$7,358$6,901
12 years$10,529$9,314$8,223$7,247$6,377$5,940
13 years$9,619$8,417$7,347$6,398$5,560$5,144
14 years$8,840$7,651$6,601$5,679$4,874$4,477
15 years$8,166$6,989$5,960$5,065$4,292$3,913
16 years$7,576$6,413$5,404$4,535$3,793$3,433
17 years$7,056$5,906$4,917$4,075$3,363$3,022
18 years$6,595$5,457$4,489$3,672$2,990$2,666
19 years$6,182$5,058$4,109$3,318$2,665$2,358
20 years$5,812$4,700$3,771$3,005$2,381$2,090
21 years$5,477$4,378$3,469$2,727$2,131$1,855
22 years$5,173$4,086$3,197$2,480$1,910$1,650
23 years$4,895$3,822$2,952$2,258$1,714$1,469
24 years$4,642$3,581$2,730$2,060$1,541$1,309
25 years$4,409$3,361$2,529$1,881$1,386$1,168
26 years$4,194$3,158$2,345$1,720$1,249$1,044
27 years$3,995$2,972$2,178$1,574$1,126$933
28 years$3,811$2,801$2,024$1,443$1,016$834
29 years$3,640$2,642$1,884$1,323$917$747
30 years$3,481$2,495$1,755$1,214$829$669
31 years$3,332$2,359$1,636$1,115$749$600
32 years$3,193$2,232$1,526$1,025$678$537
33 years$3,062$2,114$1,425$942$614$482
34 years$2,940$2,003$1,332$867$555$433
35 years$2,825$1,900$1,245$798$503$388
36 years$2,716$1,804$1,165$735$456$349
37 years$2,613$1,713$1,090$677$413$313
38 years$2,516$1,628$1,021$624$375$281
39 years$2,425$1,548$956$576$340$253
40 years$2,338$1,473$896$531$308$227
41 years$2,255$1,402$841$490$280$204
42 years$2,177$1,335$788$452$254$183
43 years$2,103$1,272$740$417$230$165
44 years$2,032$1,213$694$385$209$148
45 years$1,964$1,156$652$356$190$133
46 years$1,900$1,103$612$329$172$120
47 years$1,838$1,053$575$304$156$108
48 years$1,780$1,005$541$281$142$97
49 years$1,723$960$508$259$129$87
50 years$1,670$917$478$240$117$78

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,710,000, adding $2,020 every year, while hoping to spend $24,263 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: 37/43/20 Blend
29$1,710,000$1,710,000$1,710,000$1,710,000
30$1,886,504$1,795,874$1,769,369$1,944,860
31$2,053,111$1,858,056$1,802,827$2,049,584
32$2,235,900$1,922,472$1,836,593$2,160,203
33$2,436,494$1,989,205$1,870,651$2,279,190
34$2,656,684$2,058,343$1,904,985$2,407,310
35$2,898,440$2,129,977$1,939,576$2,545,404
36$3,163,935$2,204,200$1,974,406$2,694,396
37$3,455,561$2,281,110$2,009,453$2,855,302
38$3,775,953$2,360,809$2,044,695$3,029,237
39$4,128,014$2,443,403$2,080,107$3,217,428
40$4,514,944$2,529,003$2,115,663$3,421,224
41$4,940,266$2,617,721$2,151,335$3,642,107
42$5,407,862$2,709,678$2,187,093$3,881,707
43$5,922,008$2,804,997$2,222,905$4,141,818
44$6,487,418$2,903,806$2,258,737$4,424,412
45$7,109,282$3,006,241$2,294,553$4,731,659
46$7,793,321$3,112,439$2,330,313$5,065,945
47$8,545,838$3,222,546$2,365,976$5,429,899
48$9,373,775$3,336,713$2,401,498$5,826,409
49$10,284,784$3,455,096$2,436,832$6,258,657
50$11,287,295$3,577,859$2,471,929$6,730,143
51$12,390,597$3,705,171$2,506,736$7,244,720
52$13,604,922$3,837,209$2,541,197$7,806,630
53$14,941,550$3,974,158$2,575,252$8,420,541
54$16,412,904$4,116,208$2,608,839$9,091,594
55$18,032,677$4,263,559$2,641,892$9,825,447
56$19,815,956$4,416,418$2,674,341$10,628,330
57$21,779,362$4,575,002$2,706,111$11,507,104
58$23,941,215$4,739,535$2,737,123$12,469,324
59$26,321,699$4,910,252$2,767,296$13,523,307
60$28,943,053$5,087,395$2,796,542$14,678,214
61$31,829,787$5,271,220$2,824,769$15,944,134
62$35,008,906$5,461,990$2,851,879$17,332,178
63$38,510,168$5,659,982$2,877,771$18,854,581
64$42,366,365$5,865,480$2,902,336$20,524,823
65$46,613,631$6,078,786$2,925,461$22,357,747
66$51,291,784$6,300,209$2,947,026$24,369,705
67$56,444,700$6,530,074$2,966,906$26,578,707
68$62,120,731$6,768,719$2,984,969$29,004,594
69$68,373,155$7,016,495$3,001,075$31,669,218
70$75,260,683$7,273,770$3,015,077$34,596,656
71$82,848,014$7,540,926$3,026,823$37,813,427
72$91,206,441$7,818,361$3,036,151$41,348,746
73$100,414,527$8,106,489$3,042,891$45,234,801
74$110,558,846$8,405,745$3,046,866$49,507,048
75$121,734,800$8,716,578$3,047,887$54,204,552
76$134,047,518$9,039,459$3,045,760$59,370,351
77$147,612,850$9,374,878$3,040,279$65,051,859
78$162,558,460$9,723,345$3,031,227$71,301,316
79$179,025,028$10,085,395$3,018,378$78,176,277
80$197,167,583$10,461,581$3,001,495$85,740,155
81$217,156,961$10,852,483$2,980,330$94,062,817
82$239,181,422$11,258,706$2,954,622$103,221,242
83$263,448,423$11,680,878$2,924,098$113,300,249
84$290,186,579$12,119,658$2,888,472$124,393,288
85$319,647,818$12,575,730$2,847,445$136,603,330
86$352,109,764$13,049,809$2,800,702$150,043,829
87$387,878,352$13,542,641$2,747,917$164,839,797
88$427,290,716$14,055,003$2,688,746$181,128,978
89$470,718,379$14,587,708$2,622,828$199,063,147
90$518,570,749$15,141,601$2,549,788$218,809,542
91$571,298,993$15,717,567$2,469,233$240,552,438
92$629,400,289$16,316,527$2,380,752$264,494,886
93$693,422,525$16,939,443$2,283,913$290,860,628
94$763,969,466$17,587,319$2,178,268$319,896,203
95$841,706,457$18,261,203$2,063,345$351,873,274
96$927,366,703$18,962,189$1,938,654$387,091,191
97$1,021,758,188$19,691,418$1,803,681$425,879,809
98$1,125,771,308$20,450,082$1,657,889$468,602,606
99$1,240,387,270$21,239,425$1,500,717$515,660,106
100$1,366,687,360$22,060,745$1,331,579$567,493,655