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

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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$144,513$143,226$141,970$140,744$139,547$135,460
2 years$71,541$70,209$68,918$67,666$66,451$62,367
3 years$47,220$45,882$44,594$43,354$42,159$38,205
4 years$35,062$33,728$32,453$31,234$30,068$26,275
5 years$27,769$26,443$25,185$23,991$22,858$19,236
6 years$22,909$21,593$20,353$19,186$18,086$14,639
7 years$19,439$18,134$16,914$15,774$14,709$11,436
8 years$16,837$15,544$14,344$13,232$12,203$9,102
9 years$14,815$13,534$12,355$11,271$10,276$7,345
10 years$13,198$11,929$10,771$9,716$8,756$5,990
11 years$11,876$10,620$9,483$8,455$7,530$4,925
12 years$10,775$9,532$8,416$7,417$6,526$4,076
13 years$9,844$8,614$7,519$6,548$5,691$3,391
14 years$9,047$7,830$6,756$5,812$4,988$2,833
15 years$8,357$7,153$6,099$5,184$4,392$2,375
16 years$7,753$6,563$5,530$4,641$3,882$1,996
17 years$7,221$6,044$5,032$4,170$3,442$1,682
18 years$6,749$5,585$4,594$3,758$3,060$1,420
19 years$6,327$5,176$4,205$3,396$2,728$1,201
20 years$5,948$4,810$3,859$3,076$2,436$1,017
21 years$5,605$4,480$3,550$2,791$2,180$862
22 years$5,294$4,182$3,272$2,538$1,954$732
23 years$5,010$3,911$3,021$2,311$1,754$621
24 years$4,750$3,665$2,794$2,108$1,577$528
25 years$4,512$3,439$2,588$1,925$1,419$449
26 years$4,292$3,232$2,400$1,760$1,278$382
27 years$4,089$3,042$2,229$1,611$1,152$325
28 years$3,900$2,866$2,072$1,476$1,040$277
29 years$3,725$2,704$1,928$1,354$939$236
30 years$3,562$2,554$1,796$1,242$848$201
31 years$3,410$2,414$1,674$1,141$767$171
32 years$3,268$2,284$1,562$1,049$694$146
33 years$3,134$2,163$1,458$964$628$124
34 years$3,009$2,050$1,363$887$568$106
35 years$2,891$1,945$1,274$817$515$90
36 years$2,779$1,846$1,192$752$467$77
37 years$2,674$1,753$1,116$693$423$66
38 years$2,575$1,666$1,045$639$383$56
39 years$2,481$1,584$979$589$348$48
40 years$2,393$1,507$917$543$315$41
41 years$2,308$1,435$860$501$286$35
42 years$2,228$1,366$807$463$260$30
43 years$2,152$1,302$757$427$236$25
44 years$2,079$1,241$711$394$214$22
45 years$2,010$1,183$667$364$194$18
46 years$1,944$1,129$627$336$176$16
47 years$1,881$1,077$589$311$160$13
48 years$1,821$1,028$553$287$145$11
49 years$1,764$982$520$265$132$10
50 years$1,709$938$489$245$120$8

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 $4,382 every year, while hoping to spend $23,504 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: 51/36/13 Blend
29$1,750,000$1,750,000$1,750,000$1,750,000
30$1,933,020$1,840,270$1,813,145$2,024,626
31$2,105,180$1,905,435$1,848,877$2,152,979
32$2,294,113$1,973,006$1,885,019$2,289,594
33$2,501,504$2,043,075$1,921,559$2,437,582
34$2,729,210$2,115,739$1,958,484$2,598,022
35$2,979,279$2,191,099$1,995,782$2,772,100
36$3,253,962$2,269,260$2,033,438$2,961,119
37$3,555,744$2,350,331$2,071,436$3,166,515
38$3,887,358$2,434,425$2,109,757$3,389,865
39$4,251,818$2,521,661$2,148,383$3,632,905
40$4,652,443$2,612,163$2,187,294$3,897,544
41$5,092,891$2,706,057$2,226,467$4,185,883
42$5,577,190$2,803,479$2,265,878$4,500,234
43$6,109,780$2,904,565$2,305,501$4,843,140
44$6,695,551$3,009,462$2,345,309$5,217,401
45$7,339,892$3,118,321$2,385,271$5,626,099
46$8,048,739$3,231,297$2,425,356$6,072,625
47$8,828,634$3,348,554$2,465,530$6,560,714
48$9,686,785$3,470,264$2,505,755$7,094,474
49$10,631,133$3,596,602$2,545,993$7,678,432
50$11,670,427$3,727,754$2,586,203$8,317,568
51$12,814,309$3,863,913$2,626,340$9,017,370
52$14,073,403$4,005,279$2,666,356$9,783,876
53$15,459,413$4,152,060$2,706,202$10,623,737
54$16,985,237$4,304,476$2,745,824$11,544,278
55$18,665,088$4,462,752$2,785,166$12,553,564
56$20,514,626$4,627,125$2,824,168$13,660,478
57$22,551,106$4,797,842$2,862,765$14,874,802
58$24,793,543$4,975,160$2,900,892$16,207,312
59$27,262,888$5,159,347$2,938,475$17,669,874
60$29,982,229$5,350,682$2,975,441$19,275,559
61$32,977,006$5,549,455$3,011,708$21,038,765
62$36,275,254$5,755,971$3,047,193$22,975,350
63$39,907,862$5,970,546$3,081,806$25,102,783
64$43,908,871$6,193,510$3,115,454$27,440,308
65$48,315,790$6,425,207$3,148,037$30,009,123
66$53,169,955$6,665,995$3,179,449$32,832,580
67$58,516,911$6,916,250$3,209,582$35,936,404
68$64,406,852$7,176,362$3,238,319$39,348,936
69$70,895,084$7,446,737$3,265,536$43,101,397
70$78,042,556$7,727,801$3,291,105$47,228,185
71$85,916,430$8,019,997$3,314,890$51,767,196
72$94,590,716$8,323,786$3,336,748$56,760,179
73$104,146,969$8,639,651$3,356,529$62,253,133
74$114,675,061$8,968,096$3,374,075$68,296,738
75$126,274,030$9,309,646$3,389,219$74,946,829
76$139,053,011$9,664,848$3,401,787$82,264,927
77$153,132,266$10,034,274$3,411,596$90,318,813
78$168,644,325$10,418,521$3,418,452$99,183,172
79$185,735,230$10,818,212$3,422,154$108,940,289
80$204,565,917$11,233,998$3,422,489$119,680,833
81$225,313,733$11,666,556$3,419,235$131,504,701
82$248,174,112$12,116,596$3,412,158$144,521,968
83$273,362,418$12,584,856$3,401,012$158,853,920
84$301,115,981$13,072,109$3,385,542$174,634,197
85$331,696,330$13,579,162$3,365,477$192,010,054
86$365,391,670$14,106,855$3,340,535$211,143,748
87$402,519,598$14,656,069$3,310,420$232,214,065
88$443,430,101$15,227,720$3,274,823$255,418,013
89$488,508,860$15,822,767$3,233,419$280,972,670
90$538,180,893$16,442,212$3,185,867$309,117,236
91$592,914,563$17,087,100$3,131,813$340,115,290
92$653,226,003$17,758,522$3,070,883$374,257,270
93$719,683,986$18,457,620$3,002,688$411,863,217
94$792,915,294$19,185,585$2,926,820$453,285,792
95$873,610,638$19,943,663$2,842,852$498,913,599
96$962,531,172$20,733,152$2,750,337$549,174,855
97$1,060,515,688$21,555,412$2,648,809$604,541,427
98$1,168,488,523$22,411,862$2,537,780$665,533,285
99$1,287,468,295$23,303,986$2,416,738$732,723,401
100$1,418,577,513$24,233,334$2,285,151$806,743,163