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%11%
1 years$142,862$141,589$140,348$139,136$137,953$137,371
2 years$70,724$69,406$68,130$66,892$65,692$65,105
3 years$46,681$45,358$44,085$42,859$41,678$41,103
4 years$34,662$33,343$32,082$30,877$29,725$29,168
5 years$27,452$26,141$24,897$23,717$22,596$22,058
6 years$22,647$21,346$20,121$18,966$17,880$17,361
7 years$19,217$17,927$16,720$15,593$14,541$14,041
8 years$16,645$15,366$14,180$13,081$12,063$11,583
9 years$14,646$13,379$12,213$11,142$10,159$9,699
10 years$13,047$11,793$10,648$9,604$8,656$8,215
11 years$11,740$10,499$9,374$8,359$7,444$7,023
12 years$10,652$9,423$8,319$7,332$6,451$6,048
13 years$9,732$8,516$7,433$6,473$5,626$5,241
14 years$8,943$7,741$6,678$5,746$4,931$4,565
15 years$8,261$7,071$6,030$5,124$4,342$3,993
16 years$7,665$6,488$5,467$4,588$3,837$3,505
17 years$7,139$5,975$4,975$4,123$3,402$3,087
18 years$6,672$5,521$4,541$3,715$3,025$2,726
19 years$6,255$5,117$4,157$3,357$2,697$2,413
20 years$5,880$4,755$3,815$3,040$2,409$2,140
21 years$5,541$4,429$3,509$2,759$2,155$1,901
22 years$5,233$4,134$3,234$2,509$1,932$1,691
23 years$4,953$3,867$2,986$2,285$1,734$1,507
24 years$4,696$3,623$2,762$2,084$1,559$1,344
25 years$4,460$3,400$2,558$1,903$1,403$1,201
26 years$4,243$3,195$2,372$1,740$1,264$1,073
27 years$4,042$3,007$2,203$1,593$1,139$960
28 years$3,856$2,834$2,048$1,459$1,028$860
29 years$3,683$2,673$1,906$1,338$928$770
30 years$3,522$2,525$1,775$1,228$839$690
31 years$3,371$2,387$1,655$1,128$758$619
32 years$3,230$2,258$1,544$1,037$686$555
33 years$3,098$2,139$1,442$953$621$499
34 years$2,974$2,027$1,347$877$562$448
35 years$2,858$1,922$1,259$807$509$402
36 years$2,748$1,825$1,178$744$461$361
37 years$2,644$1,733$1,103$685$418$325
38 years$2,546$1,647$1,033$632$379$292
39 years$2,453$1,566$968$582$344$263
40 years$2,365$1,490$907$537$312$236
41 years$2,282$1,418$850$496$283$212
42 years$2,203$1,351$798$457$257$191
43 years$2,127$1,287$748$422$233$172
44 years$2,055$1,227$703$390$211$155
45 years$1,987$1,170$660$360$192$139
46 years$1,922$1,116$620$333$174$125
47 years$1,860$1,065$582$307$158$113
48 years$1,800$1,017$547$284$144$102
49 years$1,743$971$514$262$130$91
50 years$1,689$927$483$242$119$82

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 $4,069 every year, while hoping to spend $54,361 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: 45/50/5 Blend
29$1,730,000$1,730,000$1,730,000$1,730,000
30$1,910,657$1,818,967$1,792,152$1,993,850
31$2,047,705$1,850,257$1,794,350$2,082,808
32$2,196,909$1,881,258$1,794,799$2,173,213
33$2,359,452$1,911,898$1,793,383$2,269,952
34$2,536,637$1,942,102$1,789,982$2,373,623
35$2,729,895$1,971,786$1,784,468$2,484,888
36$2,940,803$2,000,862$1,776,706$2,604,475
37$3,171,095$2,029,235$1,766,556$2,733,188
38$3,422,683$2,056,803$1,753,872$2,871,913
39$3,697,669$2,083,459$1,738,499$3,021,628
40$3,998,369$2,109,086$1,720,276$3,183,413
41$4,327,331$2,133,560$1,699,034$3,358,458
42$4,687,363$2,156,749$1,674,596$3,548,077
43$5,081,556$2,178,511$1,646,777$3,753,718
44$5,513,313$2,198,697$1,615,382$3,976,982
45$5,986,383$2,217,144$1,580,209$4,219,632
46$6,504,893$2,233,683$1,541,045$4,483,615
47$7,073,390$2,248,132$1,497,668$4,771,078
48$7,696,880$2,260,295$1,449,845$5,084,392
49$8,380,881$2,269,968$1,397,333$5,426,170
50$9,131,465$2,276,931$1,339,878$5,799,297
51$9,955,324$2,280,951$1,277,214$6,206,956
52$10,859,829$2,281,779$1,209,063$6,652,657
53$11,853,100$2,279,154$1,135,134$7,140,274
54$12,944,079$2,272,796$1,055,124$7,674,081
55$14,142,620$2,262,407$968,715$8,258,792
56$15,459,576$2,247,675$875,577$8,899,607
57$16,906,907$2,228,264$775,362$9,602,264
58$18,497,784$2,203,822$667,709$10,373,091
59$20,246,721$2,173,973$552,241$11,219,069
60$22,169,708$2,138,319$428,563$12,147,900
61$24,284,362$2,096,440$296,262$13,168,077
62$26,610,090$2,047,888$154,911$14,288,969
63$29,168,277$1,992,193$4,058$15,520,910
64$31,982,484$1,928,853$0$16,875,298
65$35,078,670$1,857,340$0$18,373,074
66$38,485,437$1,777,092$0$20,020,507
67$42,234,300$1,687,518$0$21,832,696
68$46,359,982$1,587,990$0$23,826,533
69$50,900,744$1,477,845$0$26,020,643
70$55,898,743$1,356,382$0$28,435,564
71$61,400,430$1,222,861$0$31,093,944
72$67,456,991$1,076,498$0$34,020,753
73$74,124,822$916,465$0$37,243,526
74$81,466,070$741,888$0$40,792,622
75$89,549,212$551,842$0$44,701,514
76$98,449,702$345,353$0$49,007,109
77$108,250,686$121,390$0$53,750,099
78$119,043,783$0$0$58,975,345
79$130,929,948$0$0$64,798,960
80$144,020,429$0$0$71,286,460
81$158,437,812$0$0$78,431,842
82$174,317,177$0$0$86,302,089
83$191,807,377$0$0$94,971,012
84$211,072,437$0$0$104,519,948
85$232,293,106$0$0$115,038,526
86$255,668,558$0$0$126,625,510
87$281,418,276$0$0$139,389,738
88$309,784,117$0$0$153,451,143
89$341,032,602$0$0$168,941,887
90$375,457,423$0$0$186,007,606
91$413,382,220$0$0$204,808,788
92$455,163,632$0$0$225,522,286
93$501,194,666$0$0$248,342,985
94$551,908,403$0$0$273,485,644
95$607,782,084$0$0$301,186,922
96$669,341,621$0$0$331,707,611
97$737,166,551$0$0$365,335,099
98$811,895,516$0$0$402,386,080
99$894,232,281$0$0$443,209,545
100$984,952,384$0$0$488,190,077