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%19.3%
1 years$142,862$141,589$140,348$139,136$137,953$132,794
2 years$70,724$69,406$68,130$66,892$65,692$60,554
3 years$46,681$45,358$44,085$42,859$41,678$36,721
4 years$34,662$33,343$32,082$30,877$29,725$24,989
5 years$27,452$26,141$24,897$23,717$22,596$18,092
6 years$22,647$21,346$20,121$18,966$17,880$13,611
7 years$19,217$17,927$16,720$15,593$14,541$10,506
8 years$16,645$15,366$14,180$13,081$12,063$8,259
9 years$14,646$13,379$12,213$11,142$10,159$6,580
10 years$13,047$11,793$10,648$9,604$8,656$5,295
11 years$11,740$10,499$9,374$8,359$7,444$4,295
12 years$10,652$9,423$8,319$7,332$6,451$3,505
13 years$9,732$8,516$7,433$6,473$5,626$2,875
14 years$8,943$7,741$6,678$5,746$4,931$2,367
15 years$8,261$7,071$6,030$5,124$4,342$1,955
16 years$7,665$6,488$5,467$4,588$3,837$1,618
17 years$7,139$5,975$4,975$4,123$3,402$1,343
18 years$6,672$5,521$4,541$3,715$3,025$1,116
19 years$6,255$5,117$4,157$3,357$2,697$929
20 years$5,880$4,755$3,815$3,040$2,409$774
21 years$5,541$4,429$3,509$2,759$2,155$646
22 years$5,233$4,134$3,234$2,509$1,932$539
23 years$4,953$3,867$2,986$2,285$1,734$450
24 years$4,696$3,623$2,762$2,084$1,559$376
25 years$4,460$3,400$2,558$1,903$1,403$315
26 years$4,243$3,195$2,372$1,740$1,264$263
27 years$4,042$3,007$2,203$1,593$1,139$220
28 years$3,856$2,834$2,048$1,459$1,028$184
29 years$3,683$2,673$1,906$1,338$928$154
30 years$3,522$2,525$1,775$1,228$839$129
31 years$3,371$2,387$1,655$1,128$758$108
32 years$3,230$2,258$1,544$1,037$686$91
33 years$3,098$2,139$1,442$953$621$76
34 years$2,974$2,027$1,347$877$562$64
35 years$2,858$1,922$1,259$807$509$53
36 years$2,748$1,825$1,178$744$461$45
37 years$2,644$1,733$1,103$685$418$37
38 years$2,546$1,647$1,033$632$379$31
39 years$2,453$1,566$968$582$344$26
40 years$2,365$1,490$907$537$312$22
41 years$2,282$1,418$850$496$283$18
42 years$2,203$1,351$798$457$257$15
43 years$2,127$1,287$748$422$233$13
44 years$2,055$1,227$703$390$211$11
45 years$1,987$1,170$660$360$192$9
46 years$1,922$1,116$620$333$174$8
47 years$1,860$1,065$582$307$158$6
48 years$1,800$1,017$547$284$144$5
49 years$1,743$971$514$262$130$5
50 years$1,689$927$483$242$119$4

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 $4,991 every year, while hoping to spend $33,597 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: 62/18/20 Blend
29$1,730,000$1,730,000$1,730,000$1,730,000
30$1,911,608$1,819,918$1,793,103$2,019,953
31$2,070,845$1,873,347$1,817,425$2,147,087
32$2,245,199$1,928,268$1,841,436$2,281,634
33$2,436,174$1,984,719$1,865,090$2,427,756
34$2,645,432$2,042,738$1,888,338$2,586,584
35$2,874,797$2,102,363$1,911,128$2,759,362
36$3,126,283$2,163,636$1,933,408$2,947,463
37$3,402,106$2,226,596$1,955,119$3,152,395
38$3,704,707$2,291,285$1,976,201$3,375,823
39$4,036,773$2,357,745$1,996,591$3,619,578
40$4,401,268$2,426,017$2,016,220$3,885,677
41$4,801,452$2,496,147$2,035,018$4,176,344
42$5,240,919$2,568,178$2,052,911$4,494,026
43$5,723,629$2,642,154$2,069,819$4,841,420
44$6,253,941$2,718,121$2,085,659$5,221,497
45$6,836,659$2,796,126$2,100,346$5,637,531
46$7,477,077$2,876,215$2,113,786$6,093,127
47$8,181,024$2,958,434$2,125,883$6,592,259
48$8,954,924$3,042,833$2,136,536$7,139,302
49$9,805,854$3,129,460$2,145,638$7,739,080
50$10,741,612$3,218,364$2,153,077$8,396,906
51$11,770,786$3,309,594$2,158,735$9,118,635
52$12,902,843$3,403,201$2,162,489$9,910,717
53$14,148,210$3,499,235$2,164,209$10,780,261
54$15,518,376$3,597,746$2,163,759$11,735,096
55$17,026,002$3,698,787$2,160,996$12,783,855
56$18,685,035$3,802,408$2,155,770$13,936,045
57$20,510,844$3,908,661$2,147,924$15,202,144
58$22,520,363$4,017,600$2,137,294$16,593,699
59$24,732,253$4,129,274$2,123,705$18,123,433
60$27,167,071$4,243,737$2,106,978$19,805,365
61$29,847,473$4,361,041$2,086,923$21,654,945
62$32,798,421$4,481,238$2,063,340$23,689,197
63$36,047,421$4,604,379$2,036,023$25,926,880
64$39,624,781$4,730,517$2,004,752$28,388,668
65$43,563,897$4,859,701$1,969,301$31,097,342
66$47,901,572$4,991,984$1,929,429$34,078,006
67$52,678,355$5,127,414$1,884,888$37,358,323
68$57,938,931$5,266,041$1,835,416$40,968,779
69$63,732,539$5,407,913$1,780,739$44,942,970
70$70,113,435$5,553,078$1,720,571$49,317,915
71$77,141,409$5,701,582$1,654,613$54,134,412
72$84,882,342$5,853,469$1,582,552$59,437,418
73$93,408,834$6,008,783$1,504,061$65,276,477
74$102,800,887$6,167,564$1,418,798$71,706,187
75$113,146,655$6,329,853$1,326,406$78,786,712
76$124,543,285$6,495,687$1,226,512$86,584,357
77$137,097,824$6,665,100$1,118,724$95,172,187
78$150,928,237$6,838,125$1,002,636$104,630,723
79$166,164,515$7,014,790$877,822$115,048,697
80$182,949,903$7,195,123$743,837$126,523,895
81$201,442,254$7,379,145$600,216$139,164,075
82$221,815,516$7,566,875$446,475$153,087,989
83$244,261,375$7,758,327$282,108$168,426,504
84$268,991,062$7,953,512$106,586$185,323,835
85$296,237,350$8,152,435$0$203,938,908
86$326,256,750$8,355,094$0$224,464,091
87$359,331,930$8,561,485$0$247,100,554
88$395,774,382$8,771,593$0$272,038,350
89$435,927,369$8,985,401$0$299,512,004
90$480,169,156$9,202,881$0$329,779,957
91$528,916,587$9,424,000$0$363,127,005
92$582,629,017$9,648,714$0$399,866,990
93$641,812,647$9,876,971$0$440,345,758
94$707,025,305$10,108,711$0$484,944,426
95$778,881,709$10,343,860$0$534,082,979
96$858,059,270$10,582,336$0$588,224,237
97$945,304,489$10,824,043$0$647,878,217
98$1,041,439,999$11,068,874$0$713,606,957
99$1,147,372,338$11,316,708$0$786,029,813
100$1,264,100,496$11,567,407$0$865,829,310