Can I retire at age 30 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$142,862$141,589$140,348$139,136$137,953$135,556
2 years$70,724$69,406$68,130$66,892$65,692$63,285
3 years$46,681$45,358$44,085$42,859$41,678$39,335
4 years$34,662$33,343$32,082$30,877$29,725$27,465
5 years$27,452$26,141$24,897$23,717$22,596$20,426
6 years$22,647$21,346$20,121$18,966$17,880$15,801
7 years$19,217$17,927$16,720$15,593$14,541$12,555
8 years$16,645$15,366$14,180$13,081$12,063$10,169
9 years$14,646$13,379$12,213$11,142$10,159$8,356
10 years$13,047$11,793$10,648$9,604$8,656$6,942
11 years$11,740$10,499$9,374$8,359$7,444$5,818
12 years$10,652$9,423$8,319$7,332$6,451$4,910
13 years$9,732$8,516$7,433$6,473$5,626$4,167
14 years$8,943$7,741$6,678$5,746$4,931$3,553
15 years$8,261$7,071$6,030$5,124$4,342$3,042
16 years$7,665$6,488$5,467$4,588$3,837$2,612
17 years$7,139$5,975$4,975$4,123$3,402$2,249
18 years$6,672$5,521$4,541$3,715$3,025$1,942
19 years$6,255$5,117$4,157$3,357$2,697$1,679
20 years$5,880$4,755$3,815$3,040$2,409$1,455
21 years$5,541$4,429$3,509$2,759$2,155$1,262
22 years$5,233$4,134$3,234$2,509$1,932$1,096
23 years$4,953$3,867$2,986$2,285$1,734$953
24 years$4,696$3,623$2,762$2,084$1,559$829
25 years$4,460$3,400$2,558$1,903$1,403$722
26 years$4,243$3,195$2,372$1,740$1,264$630
27 years$4,042$3,007$2,203$1,593$1,139$549
28 years$3,856$2,834$2,048$1,459$1,028$479
29 years$3,683$2,673$1,906$1,338$928$418
30 years$3,522$2,525$1,775$1,228$839$365
31 years$3,371$2,387$1,655$1,128$758$319
32 years$3,230$2,258$1,544$1,037$686$279
33 years$3,098$2,139$1,442$953$621$244
34 years$2,974$2,027$1,347$877$562$213
35 years$2,858$1,922$1,259$807$509$186
36 years$2,748$1,825$1,178$744$461$163
37 years$2,644$1,733$1,103$685$418$143
38 years$2,546$1,647$1,033$632$379$125
39 years$2,453$1,566$968$582$344$109
40 years$2,365$1,490$907$537$312$95
41 years$2,282$1,418$850$496$283$84
42 years$2,203$1,351$798$457$257$73
43 years$2,127$1,287$748$422$233$64
44 years$2,055$1,227$703$390$211$56
45 years$1,987$1,170$660$360$192$49
46 years$1,922$1,116$620$333$174$43
47 years$1,860$1,065$582$307$158$38
48 years$1,800$1,017$547$284$144$33
49 years$1,743$971$514$262$130$29
50 years$1,689$927$483$242$119$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,730,000, adding $5,198 every year, while hoping to spend $40,075 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: 52/37/11 Blend
29$1,730,000$1,730,000$1,730,000$1,730,000
30$1,911,822$1,820,132$1,793,317$2,005,470
31$2,064,188$1,866,679$1,810,753$2,116,424
32$2,230,753$1,914,163$1,827,431$2,232,298
33$2,412,921$1,962,589$1,843,282$2,357,390
34$2,612,242$2,011,959$1,858,235$2,492,577
35$2,830,419$2,062,274$1,872,214$2,638,830
36$3,069,330$2,113,533$1,885,141$2,797,214
37$3,331,042$2,165,736$1,896,933$2,968,905
38$3,617,830$2,218,879$1,907,503$3,155,195
39$3,932,202$2,272,957$1,916,757$3,357,509
40$4,276,918$2,327,964$1,924,600$3,577,415
41$4,655,020$2,383,890$1,930,930$3,816,642
42$5,069,856$2,440,725$1,935,641$4,077,092
43$5,525,117$2,498,456$1,938,620$4,360,862
44$6,024,865$2,557,067$1,939,751$4,670,261
45$6,573,578$2,616,540$1,938,909$5,007,833
46$7,176,186$2,676,853$1,935,965$5,376,381
47$7,838,121$2,737,983$1,930,784$5,778,994
48$8,565,368$2,799,902$1,923,224$6,219,074
49$9,364,518$2,862,580$1,913,134$6,700,369
50$10,242,834$2,925,982$1,900,359$7,227,011
51$11,208,317$2,990,069$1,884,735$7,803,551
52$12,269,782$3,054,799$1,866,090$8,435,003
53$13,436,940$3,120,124$1,844,245$9,126,896
54$14,720,491$3,185,993$1,819,010$9,885,317
55$16,132,223$3,252,349$1,790,189$10,716,979
56$17,685,124$3,319,128$1,757,574$11,629,277
57$19,393,505$3,386,264$1,720,951$12,630,360
58$21,273,132$3,453,681$1,680,093$13,729,208
59$23,341,378$3,521,298$1,634,763$14,935,719
60$25,617,384$3,589,027$1,584,713$16,260,799
61$28,122,242$3,656,774$1,529,685$17,716,468
62$30,879,189$3,724,434$1,469,408$19,315,973
63$33,913,832$3,791,897$1,403,599$21,073,911
64$37,254,385$3,859,042$1,331,962$23,006,369
65$40,931,937$3,925,740$1,254,187$25,131,079
66$44,980,743$3,991,850$1,169,951$27,467,578
67$49,438,551$4,057,223$1,078,917$30,037,402
68$54,346,953$4,121,696$980,730$32,864,282
69$59,751,781$4,185,098$875,023$35,974,371
70$65,703,536$4,247,241$761,410$39,396,496
71$72,257,868$4,307,928$639,489$43,162,421
72$79,476,098$4,366,944$508,839$47,307,156
73$87,425,798$4,424,061$369,023$51,869,284
74$96,181,425$4,479,036$219,581$56,891,327
75$105,825,030$4,531,608$60,036$62,420,147
76$116,447,025$4,581,499$0$68,507,389
77$128,147,040$4,628,411$0$75,222,910
78$141,034,863$4,672,029$0$82,624,860
79$155,231,475$4,712,013$0$90,775,381
80$170,870,188$4,748,005$0$99,750,728
81$188,097,912$4,779,622$0$109,634,936
82$207,076,530$4,806,455$0$120,520,612
83$227,984,436$4,828,070$0$132,509,814
84$251,018,210$4,844,007$0$145,715,012
85$276,394,478$4,853,775$0$160,260,150
86$304,351,957$4,856,852$0$176,281,820
87$335,153,705$4,852,685$0$193,930,549
88$369,089,602$4,840,687$0$213,372,222
89$406,479,093$4,820,232$0$234,789,652
90$447,674,196$4,790,659$0$258,384,300
91$493,062,828$4,751,265$0$284,378,187
92$543,072,466$4,701,306$0$313,015,984
93$598,174,179$4,639,992$0$344,567,325
94$658,887,079$4,566,485$0$379,329,359
95$725,783,217$4,479,899$0$417,629,547
96$799,492,986$4,379,294$0$459,828,766
97$880,711,067$4,263,677$0$506,324,709
98$970,202,991$4,131,992$0$557,555,647
99$1,068,812,363$3,983,126$0$614,004,565
100$1,177,468,823$3,815,899$0$676,203,727