Can I retire at age 30 with 1,750,000?

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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$144,513$143,226$141,970$140,744$139,547$138,494
2 years$71,541$70,209$68,918$67,666$66,451$65,389
3 years$47,220$45,882$44,594$43,354$42,159$41,121
4 years$35,062$33,728$32,453$31,234$30,068$29,063
5 years$27,769$26,443$25,185$23,991$22,858$21,887
6 years$22,909$21,593$20,353$19,186$18,086$17,152
7 years$19,439$18,134$16,914$15,774$14,709$13,812
8 years$16,837$15,544$14,344$13,232$12,203$11,342
9 years$14,815$13,534$12,355$11,271$10,276$9,453
10 years$13,198$11,929$10,771$9,716$8,756$7,969
11 years$11,876$10,620$9,483$8,455$7,530$6,779
12 years$10,775$9,532$8,416$7,417$6,526$5,809
13 years$9,844$8,614$7,519$6,548$5,691$5,008
14 years$9,047$7,830$6,756$5,812$4,988$4,339
15 years$8,357$7,153$6,099$5,184$4,392$3,775
16 years$7,753$6,563$5,530$4,641$3,882$3,296
17 years$7,221$6,044$5,032$4,170$3,442$2,887
18 years$6,749$5,585$4,594$3,758$3,060$2,535
19 years$6,327$5,176$4,205$3,396$2,728$2,231
20 years$5,948$4,810$3,859$3,076$2,436$1,967
21 years$5,605$4,480$3,550$2,791$2,180$1,737
22 years$5,294$4,182$3,272$2,538$1,954$1,537
23 years$5,010$3,911$3,021$2,311$1,754$1,361
24 years$4,750$3,665$2,794$2,108$1,577$1,207
25 years$4,512$3,439$2,588$1,925$1,419$1,071
26 years$4,292$3,232$2,400$1,760$1,278$951
27 years$4,089$3,042$2,229$1,611$1,152$846
28 years$3,900$2,866$2,072$1,476$1,040$752
29 years$3,725$2,704$1,928$1,354$939$670
30 years$3,562$2,554$1,796$1,242$848$597
31 years$3,410$2,414$1,674$1,141$767$532
32 years$3,268$2,284$1,562$1,049$694$474
33 years$3,134$2,163$1,458$964$628$422
34 years$3,009$2,050$1,363$887$568$377
35 years$2,891$1,945$1,274$817$515$336
36 years$2,779$1,846$1,192$752$467$300
37 years$2,674$1,753$1,116$693$423$268
38 years$2,575$1,666$1,045$639$383$239
39 years$2,481$1,584$979$589$348$214
40 years$2,393$1,507$917$543$315$191
41 years$2,308$1,435$860$501$286$170
42 years$2,228$1,366$807$463$260$152
43 years$2,152$1,302$757$427$236$136
44 years$2,079$1,241$711$394$214$122
45 years$2,010$1,183$667$364$194$109
46 years$1,944$1,129$627$336$176$97
47 years$1,881$1,077$589$311$160$87
48 years$1,821$1,028$553$287$145$78
49 years$1,764$982$520$265$132$69
50 years$1,709$938$489$245$120$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,750,000, adding $3,135 every year, while hoping to spend $41,917 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: 46/33/21 Blend
29$1,750,000$1,750,000$1,750,000$1,750,000
30$1,931,734$1,838,984$1,811,859$2,008,845
31$2,084,171$1,884,495$1,827,957$2,108,722
32$2,250,752$1,930,831$1,843,189$2,212,610
33$2,432,876$1,977,988$1,857,482$2,324,460
34$2,632,081$2,025,961$1,870,760$2,445,034
35$2,850,063$2,074,743$1,882,940$2,575,172
36$3,088,689$2,124,325$1,893,938$2,715,799
37$3,350,015$2,174,696$1,903,664$2,867,933
38$3,636,303$2,225,843$1,912,024$3,032,697
39$3,950,047$2,277,751$1,918,918$3,211,327
40$4,293,993$2,330,401$1,924,242$3,405,188
41$4,671,163$2,383,774$1,927,888$3,615,781
42$5,084,890$2,437,847$1,929,740$3,844,762
43$5,538,840$2,492,593$1,929,678$4,093,955
44$6,037,056$2,547,984$1,927,576$4,365,372
45$6,583,986$2,603,986$1,923,301$4,661,228
46$7,184,535$2,660,564$1,916,714$4,983,966
47$7,844,103$2,717,677$1,907,669$5,336,279
48$8,568,639$2,775,280$1,896,013$5,721,133
49$9,364,697$2,833,326$1,881,587$6,141,801
50$10,239,499$2,891,762$1,864,222$6,601,887
51$11,200,997$2,950,528$1,843,744$7,105,366
52$12,257,956$3,009,561$1,819,966$7,656,618
53$13,420,031$3,068,792$1,792,698$8,260,472
54$14,697,857$3,128,146$1,761,737$8,922,249
55$16,103,155$3,187,542$1,726,871$9,647,818
56$17,648,836$3,246,890$1,687,880$10,443,644
57$19,349,125$3,306,096$1,644,533$11,316,856
58$21,219,698$3,365,057$1,596,586$12,275,312
59$23,277,824$3,423,661$1,543,788$13,327,672
60$25,542,530$3,481,789$1,485,873$14,483,484
61$28,034,783$3,539,311$1,422,565$15,753,272
62$30,777,683$3,596,090$1,353,574$17,148,634
63$33,796,685$3,651,977$1,278,597$18,682,358
64$37,119,835$3,706,812$1,197,318$20,368,537
65$40,778,037$3,760,424$1,109,406$22,222,706
66$44,805,343$3,812,631$1,014,518$24,261,989
67$49,239,274$3,863,236$912,290$26,505,260
68$54,121,175$3,912,030$802,347$28,973,324
69$59,496,605$3,958,789$684,296$31,689,112
70$65,415,763$4,003,274$557,724$34,677,901
71$71,933,966$4,045,229$422,203$37,967,549
72$79,112,168$4,084,383$277,284$41,588,766
73$87,017,536$4,120,445$122,500$45,575,397
74$95,724,084$4,153,106$0$49,964,748
75$105,313,368$4,182,036$0$54,807,502
76$115,875,261$4,206,885$0$60,169,330
77$127,508,794$4,227,279$0$66,072,827
78$140,323,097$4,242,821$0$72,573,174
79$154,438,423$4,253,090$0$79,731,184
80$169,987,287$4,257,637$0$87,613,873
81$187,115,714$4,255,985$0$96,295,100
82$205,984,617$4,247,628$0$105,856,259
83$226,771,316$4,232,029$0$116,387,048
84$249,671,210$4,208,619$0$127,986,323
85$274,899,624$4,176,792$0$140,763,026
86$302,693,838$4,135,906$0$154,837,213
87$333,315,326$4,085,283$0$170,341,198
88$367,052,228$4,024,201$0$187,420,791
89$404,222,065$3,951,896$0$206,236,686
90$445,174,736$3,867,559$0$226,965,972
91$490,295,822$3,770,333$0$249,803,810
92$540,010,228$3,659,311$0$274,965,277
93$594,786,186$3,533,532$0$302,687,396
94$655,139,682$3,391,979$0$333,231,377
95$721,639,321$3,233,578$0$366,885,084
96$794,911,698$3,057,190$0$403,965,755
97$875,647,311$2,861,612$0$444,822,999
98$964,607,076$2,645,571$0$489,842,098
99$1,062,629,516$2,407,721$0$539,447,648
100$1,170,638,668$2,146,642$0$594,107,569