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

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$142,862$141,589$140,348$139,136$137,953$133,430
2 years$70,724$69,406$68,130$66,892$65,692$61,178
3 years$46,681$45,358$44,085$42,859$41,678$37,315
4 years$34,662$33,343$32,082$30,877$29,725$25,547
5 years$27,452$26,141$24,897$23,717$22,596$18,614
6 years$22,647$21,346$20,121$18,966$17,880$14,096
7 years$19,217$17,927$16,720$15,593$14,541$10,956
8 years$16,645$15,366$14,180$13,081$12,063$8,674
9 years$14,646$13,379$12,213$11,142$10,159$6,961
10 years$13,047$11,793$10,648$9,604$8,656$5,645
11 years$11,740$10,499$9,374$8,359$7,444$4,614
12 years$10,652$9,423$8,319$7,332$6,451$3,796
13 years$9,732$8,516$7,433$6,473$5,626$3,139
14 years$8,943$7,741$6,678$5,746$4,931$2,606
15 years$8,261$7,071$6,030$5,124$4,342$2,170
16 years$7,665$6,488$5,467$4,588$3,837$1,813
17 years$7,139$5,975$4,975$4,123$3,402$1,518
18 years$6,672$5,521$4,541$3,715$3,025$1,273
19 years$6,255$5,117$4,157$3,357$2,697$1,069
20 years$5,880$4,755$3,815$3,040$2,409$899
21 years$5,541$4,429$3,509$2,759$2,155$757
22 years$5,233$4,134$3,234$2,509$1,932$638
23 years$4,953$3,867$2,986$2,285$1,734$538
24 years$4,696$3,623$2,762$2,084$1,559$454
25 years$4,460$3,400$2,558$1,903$1,403$383
26 years$4,243$3,195$2,372$1,740$1,264$324
27 years$4,042$3,007$2,203$1,593$1,139$274
28 years$3,856$2,834$2,048$1,459$1,028$231
29 years$3,683$2,673$1,906$1,338$928$196
30 years$3,522$2,525$1,775$1,228$839$165
31 years$3,371$2,387$1,655$1,128$758$140
32 years$3,230$2,258$1,544$1,037$686$118
33 years$3,098$2,139$1,442$953$621$100
34 years$2,974$2,027$1,347$877$562$85
35 years$2,858$1,922$1,259$807$509$72
36 years$2,748$1,825$1,178$744$461$61
37 years$2,644$1,733$1,103$685$418$51
38 years$2,546$1,647$1,033$632$379$43
39 years$2,453$1,566$968$582$344$37
40 years$2,365$1,490$907$537$312$31
41 years$2,282$1,418$850$496$283$26
42 years$2,203$1,351$798$457$257$22
43 years$2,127$1,287$748$422$233$19
44 years$2,055$1,227$703$390$211$16
45 years$1,987$1,170$660$360$192$14
46 years$1,922$1,116$620$333$174$11
47 years$1,860$1,065$582$307$158$10
48 years$1,800$1,017$547$284$144$8
49 years$1,743$971$514$262$130$7
50 years$1,689$927$483$242$119$6

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 $4,678 every year, while hoping to spend $57,854 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: 44/32/24 Blend
29$1,730,000$1,730,000$1,730,000$1,730,000
30$1,911,285$1,819,595$1,792,780$1,981,896
31$2,044,680$1,847,199$1,791,282$2,060,025
32$2,189,742$1,874,217$1,787,795$2,138,700
33$2,347,601$1,900,558$1,782,191$2,222,832
34$2,519,498$1,926,127$1,774,336$2,312,957
35$2,706,800$1,950,821$1,764,090$2,409,670
36$2,911,012$1,974,529$1,751,305$2,513,626
37$3,133,789$1,997,135$1,735,828$2,625,551
38$3,376,954$2,018,513$1,717,496$2,746,247
39$3,642,513$2,038,530$1,696,142$2,876,598
40$3,932,673$2,057,042$1,671,587$3,017,585
41$4,249,867$2,073,898$1,643,646$3,170,290
42$4,596,770$2,088,936$1,612,125$3,335,907
43$4,976,330$2,101,983$1,576,821$3,515,758
44$5,391,792$2,112,857$1,537,520$3,711,302
45$5,846,729$2,121,361$1,494,001$3,924,151
46$6,345,077$2,127,289$1,446,031$4,156,087
47$6,891,168$2,130,419$1,393,367$4,409,075
48$7,489,775$2,130,518$1,335,753$4,685,289
49$8,146,156$2,127,337$1,272,924$4,987,128
50$8,866,098$2,120,611$1,204,602$5,317,242
51$9,655,980$2,110,060$1,130,495$5,678,557
52$10,522,823$2,095,387$1,050,301$6,074,302
53$11,474,366$2,076,276$963,701$6,508,046
54$12,519,130$2,052,392$870,363$6,983,725
55$13,666,502$2,023,380$769,941$7,505,687
56$14,926,825$1,988,866$662,074$8,078,731
57$16,311,491$1,948,449$546,383$8,708,154
58$17,833,049$1,901,710$422,473$9,399,801
59$19,505,327$1,848,200$289,933$10,160,125
60$21,343,556$1,787,448$148,331$10,996,246
61$23,364,518$1,718,952$0$11,916,023
62$25,586,702$1,642,184$0$12,928,839
63$28,030,477$1,556,582$0$14,084,132
64$30,718,286$1,461,555$0$15,354,559
65$33,674,856$1,356,476$0$16,751,900
66$36,927,429$1,240,682$0$18,289,139
67$40,506,024$1,113,472$0$19,980,596
68$44,443,714$974,108$0$21,842,059
69$48,776,940$821,805$0$23,890,932
70$53,545,853$655,739$0$26,146,407
71$58,794,696$475,036$0$28,629,641
72$64,572,216$278,775$0$31,363,961
73$70,932,129$65,981$0$34,375,084
74$77,933,619$0$0$37,691,361
75$85,641,903$0$0$41,401,930
76$94,128,842$0$0$45,513,168
77$103,473,620$0$0$50,040,231
78$113,763,490$0$0$55,025,423
79$125,094,597$0$0$60,515,359
80$137,572,885$0$0$66,561,406
81$151,315,095$0$0$73,220,163
82$166,449,868$0$0$80,554,003
83$183,118,959$0$0$88,631,654
84$201,478,569$0$0$97,528,851
85$221,700,827$0$0$107,329,051
86$243,975,405$0$0$118,124,217
87$268,511,314$0$0$130,015,689
88$295,538,875$0$0$143,115,140
89$325,311,887$0$0$157,545,628
90$358,110,031$0$0$173,442,756
91$394,241,500$0$0$190,955,957
92$434,045,912$0$0$210,249,899
93$477,897,515$0$0$231,506,041
94$526,208,718$0$0$254,924,344
95$579,433,982$0$0$280,725,162
96$638,074,110$0$0$309,151,318
97$702,680,973$0$0$340,470,395
98$773,862,721$0$0$374,977,266
99$852,289,518$0$0$412,996,873
100$938,699,872$0$0$454,887,295