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%15.9%
1 years$144,513$143,226$141,970$140,744$139,547$136,174
2 years$71,541$70,209$68,918$67,666$66,451$63,073
3 years$47,220$45,882$44,594$43,354$42,159$38,882
4 years$35,062$33,728$32,453$31,234$30,068$26,916
5 years$27,769$26,443$25,185$23,991$22,858$19,840
6 years$22,909$21,593$20,353$19,186$18,086$15,207
7 years$19,439$18,134$16,914$15,774$14,709$11,967
8 years$16,837$15,544$14,344$13,232$12,203$9,598
9 years$14,815$13,534$12,355$11,271$10,276$7,806
10 years$13,198$11,929$10,771$9,716$8,756$6,418
11 years$11,876$10,620$9,483$8,455$7,530$5,321
12 years$10,775$9,532$8,416$7,417$6,526$4,441
13 years$9,844$8,614$7,519$6,548$5,691$3,727
14 years$9,047$7,830$6,756$5,812$4,988$3,142
15 years$8,357$7,153$6,099$5,184$4,392$2,658
16 years$7,753$6,563$5,530$4,641$3,882$2,255
17 years$7,221$6,044$5,032$4,170$3,442$1,918
18 years$6,749$5,585$4,594$3,758$3,060$1,635
19 years$6,327$5,176$4,205$3,396$2,728$1,397
20 years$5,948$4,810$3,859$3,076$2,436$1,194
21 years$5,605$4,480$3,550$2,791$2,180$1,023
22 years$5,294$4,182$3,272$2,538$1,954$877
23 years$5,010$3,911$3,021$2,311$1,754$752
24 years$4,750$3,665$2,794$2,108$1,577$646
25 years$4,512$3,439$2,588$1,925$1,419$555
26 years$4,292$3,232$2,400$1,760$1,278$477
27 years$4,089$3,042$2,229$1,611$1,152$411
28 years$3,900$2,866$2,072$1,476$1,040$353
29 years$3,725$2,704$1,928$1,354$939$304
30 years$3,562$2,554$1,796$1,242$848$262
31 years$3,410$2,414$1,674$1,141$767$226
32 years$3,268$2,284$1,562$1,049$694$194
33 years$3,134$2,163$1,458$964$628$168
34 years$3,009$2,050$1,363$887$568$144
35 years$2,891$1,945$1,274$817$515$124
36 years$2,779$1,846$1,192$752$467$107
37 years$2,674$1,753$1,116$693$423$93
38 years$2,575$1,666$1,045$639$383$80
39 years$2,481$1,584$979$589$348$69
40 years$2,393$1,507$917$543$315$59
41 years$2,308$1,435$860$501$286$51
42 years$2,228$1,366$807$463$260$44
43 years$2,152$1,302$757$427$236$38
44 years$2,079$1,241$711$394$214$33
45 years$2,010$1,183$667$364$194$28
46 years$1,944$1,129$627$336$176$24
47 years$1,881$1,077$589$311$160$21
48 years$1,821$1,028$553$287$145$18
49 years$1,764$982$520$265$132$16
50 years$1,709$938$489$245$120$14

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 $6,280 every year, while hoping to spend $59,546 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: 64/31/5 Blend
29$1,750,000$1,750,000$1,750,000$1,750,000
30$1,934,978$1,842,228$1,815,103$2,057,039
31$2,068,989$1,869,141$1,812,552$2,165,910
32$2,214,674$1,895,376$1,807,921$2,277,115
33$2,373,160$1,920,839$1,801,075$2,396,988
34$2,545,688$1,945,426$1,791,877$2,526,363
35$2,733,623$1,969,027$1,780,180$2,666,160
36$2,938,469$1,991,525$1,765,832$2,817,394
37$3,161,878$2,012,796$1,748,673$2,981,182
38$3,405,672$2,032,704$1,728,536$3,158,756
39$3,671,852$2,051,109$1,705,244$3,351,473
40$3,962,626$2,067,858$1,678,614$3,560,830
41$4,280,419$2,082,789$1,648,453$3,788,477
42$4,627,907$2,095,730$1,614,561$4,036,233
43$5,008,031$2,106,498$1,576,726$4,306,104
44$5,424,032$2,114,899$1,534,729$4,600,301
45$5,879,478$2,120,724$1,488,337$4,921,261
46$6,378,299$2,123,754$1,437,311$5,271,671
47$6,924,822$2,123,754$1,381,397$5,654,494
48$7,523,813$2,120,476$1,320,332$6,072,998
49$8,180,519$2,113,657$1,253,841$6,530,784
50$8,900,721$2,103,015$1,181,634$7,031,823
51$9,690,786$2,088,255$1,103,410$7,580,493
52$10,557,727$2,069,060$1,018,855$8,181,623
53$11,509,268$2,045,097$927,640$8,840,534
54$12,553,918$2,016,011$829,420$9,563,095
55$13,701,050$1,981,428$723,837$10,355,777
56$14,960,987$1,940,948$610,517$11,225,711
57$16,345,105$1,894,152$489,066$12,180,764
58$17,865,933$1,840,592$359,077$13,229,607
59$19,537,275$1,779,798$220,122$14,381,799
60$21,374,337$1,711,268$71,757$15,647,881
61$23,393,874$1,634,475$0$17,039,474
62$25,614,344$1,548,859$0$18,574,007
63$28,056,082$1,453,828$0$20,265,372
64$30,741,492$1,348,756$0$22,125,334
65$33,695,261$1,232,982$0$24,171,089
66$36,944,586$1,105,806$0$26,421,591
67$40,519,433$966,489$0$28,897,734
68$44,452,819$814,251$0$31,622,552
69$48,781,122$648,265$0$34,621,433
70$53,544,428$467,661$0$37,922,364
71$58,786,901$271,518$0$41,556,195
72$64,557,206$58,864$0$45,556,933
73$70,908,964$0$0$49,962,062
74$77,901,260$0$0$54,871,344
75$85,599,197$0$0$60,298,313
76$94,074,511$0$0$66,273,481
77$103,406,250$0$0$72,852,595
78$113,681,515$0$0$80,097,084
79$124,996,283$0$0$88,074,637
80$137,456,314$0$0$96,859,841
81$151,178,146$0$0$106,534,886
82$166,290,195$0$0$117,190,339
83$182,933,968$0$0$128,925,999
84$201,265,394$0$0$141,851,836
85$221,456,298$0$0$156,089,034
86$243,696,022$0$0$171,771,127
87$268,193,211$0$0$189,045,266
88$295,177,779$0$0$208,073,602
89$324,903,082$0$0$229,034,818
90$357,648,307$0$0$252,125,816
91$393,721,105$0$0$277,563,573
92$433,460,498$0$0$305,587,191
93$477,240,075$0$0$336,460,150
94$525,471,516$0$0$370,472,797
95$578,608,482$0$0$407,945,086
96$637,150,893$0$0$449,229,597
97$701,649,647$0$0$494,714,862
98$772,711,819$0$0$544,829,036
99$851,006,390$0$0$600,043,933
100$937,270,564$0$0$660,879,483