Can I retire at age 30 with 1,760,000?

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 $1,760,000?

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$145,339$144,045$142,781$141,549$140,345$136,952
2 years$71,950$70,610$69,311$68,052$66,831$63,433
3 years$47,490$46,144$44,849$43,602$42,400$39,104
4 years$35,263$33,921$32,639$31,413$30,240$27,070
5 years$27,928$26,595$25,329$24,128$22,988$19,954
6 years$23,040$21,716$20,470$19,295$18,190$15,294
7 years$19,550$18,237$17,010$15,864$14,793$12,036
8 years$16,933$15,633$14,426$13,308$12,272$9,653
9 years$14,900$13,611$12,425$11,335$10,335$7,851
10 years$13,273$11,998$10,833$9,771$8,806$6,455
11 years$11,944$10,681$9,537$8,504$7,573$5,352
12 years$10,836$9,586$8,464$7,459$6,563$4,467
13 years$9,900$8,663$7,562$6,585$5,723$3,749
14 years$9,099$7,875$6,794$5,846$5,017$3,160
15 years$8,404$7,194$6,134$5,213$4,417$2,673
16 years$7,797$6,600$5,562$4,668$3,904$2,268
17 years$7,263$6,078$5,061$4,194$3,461$1,929
18 years$6,788$5,617$4,620$3,780$3,078$1,645
19 years$6,363$5,206$4,229$3,415$2,743$1,405
20 years$5,982$4,837$3,881$3,093$2,450$1,201
21 years$5,637$4,506$3,570$2,807$2,193$1,029
22 years$5,324$4,206$3,290$2,552$1,966$882
23 years$5,039$3,934$3,038$2,325$1,764$757
24 years$4,777$3,686$2,810$2,120$1,586$650
25 years$4,538$3,459$2,602$1,936$1,427$558
26 years$4,316$3,251$2,414$1,770$1,285$480
27 years$4,112$3,059$2,241$1,620$1,159$413
28 years$3,923$2,883$2,084$1,485$1,046$355
29 years$3,747$2,720$1,939$1,361$944$306
30 years$3,583$2,568$1,806$1,250$853$263
31 years$3,429$2,428$1,684$1,148$771$227
32 years$3,286$2,297$1,571$1,055$698$196
33 years$3,152$2,176$1,467$970$631$168
34 years$3,026$2,062$1,370$892$572$145
35 years$2,907$1,956$1,281$821$518$125
36 years$2,795$1,856$1,199$757$469$108
37 years$2,690$1,763$1,122$697$425$93
38 years$2,590$1,676$1,051$642$386$80
39 years$2,496$1,593$984$592$350$69
40 years$2,406$1,516$923$546$317$60
41 years$2,321$1,443$865$504$288$51
42 years$2,241$1,374$811$465$261$44
43 years$2,164$1,309$761$429$237$38
44 years$2,091$1,248$715$397$215$33
45 years$2,022$1,190$671$366$195$28
46 years$1,955$1,135$630$338$177$25
47 years$1,892$1,083$592$313$161$21
48 years$1,832$1,034$557$289$146$18
49 years$1,774$988$523$267$133$16
50 years$1,718$944$492$247$121$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,760,000, adding $6,600 every year, while hoping to spend $40,666 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: 22/48/30 Blend
29$1,760,000$1,760,000$1,760,000$1,760,000
30$1,946,328$1,853,048$1,825,768$1,970,612
31$2,101,585$1,900,579$1,843,663$2,040,539
32$2,271,315$1,949,076$1,860,794$2,111,496
33$2,456,952$1,998,544$1,877,094$2,186,542
34$2,660,074$2,048,985$1,892,489$2,266,039
35$2,882,419$2,100,402$1,906,904$2,350,387
36$3,125,899$2,152,796$1,920,259$2,440,025
37$3,392,623$2,206,165$1,932,470$2,535,437
38$3,684,911$2,260,508$1,943,449$2,637,158
39$4,005,320$2,315,820$1,953,101$2,745,776
40$4,356,663$2,372,095$1,961,331$2,861,941
41$4,742,041$2,429,326$1,968,034$2,986,368
42$5,164,869$2,487,503$1,973,103$3,119,848
43$5,628,909$2,546,614$1,976,425$3,263,250
44$6,138,303$2,606,644$1,977,881$3,417,536
45$6,697,615$2,667,575$1,977,346$3,583,764
46$7,311,874$2,729,388$1,974,688$3,763,103
47$7,986,617$2,792,059$1,969,772$3,956,841
48$8,727,944$2,855,563$1,962,452$4,166,400
49$9,542,578$2,919,869$1,952,578$4,393,347
50$10,437,923$2,984,944$1,939,991$4,639,412
51$11,422,136$3,050,751$1,924,525$4,906,502
52$12,504,204$3,117,249$1,906,007$5,196,722
53$13,694,029$3,184,390$1,884,254$5,512,392
54$15,002,519$3,252,125$1,859,077$5,856,073
55$16,441,695$3,320,397$1,830,274$6,230,589
56$18,024,797$3,389,146$1,797,637$6,639,054
57$19,766,415$3,458,304$1,760,948$7,084,905
58$21,682,627$3,527,797$1,719,977$7,571,930
59$23,791,143$3,597,548$1,674,484$8,104,311
60$26,111,480$3,667,468$1,624,219$8,686,657
61$28,665,141$3,737,463$1,568,921$9,324,053
62$31,475,819$3,807,433$1,508,313$10,022,107
63$34,569,622$3,877,267$1,442,111$10,787,005
64$37,975,315$3,946,845$1,370,014$11,625,568
65$41,724,597$4,016,040$1,291,709$12,545,318
66$45,852,393$4,084,713$1,206,868$13,554,554
67$50,397,188$4,152,715$1,115,150$14,662,423
68$55,401,390$4,219,887$1,016,196$15,879,017
69$60,911,727$4,286,056$909,634$17,215,461
70$66,979,689$4,351,039$795,072$18,684,026
71$73,662,015$4,414,637$672,105$20,298,242
72$81,021,225$4,476,639$540,305$22,073,028
73$89,126,214$4,536,819$399,229$24,024,835
74$98,052,898$4,594,933$248,413$26,171,802
75$107,884,931$4,650,722$87,373$28,533,930
76$118,714,497$4,703,911$0$31,133,273
77$130,643,176$4,754,202$0$34,021,190
78$143,782,904$4,801,282$0$37,229,049
79$158,257,029$4,844,814$0$40,758,587
80$174,201,475$4,884,439$0$44,642,576
81$191,766,024$4,919,775$0$48,917,136
82$211,115,732$4,950,418$0$53,622,076
83$232,432,482$4,975,933$0$58,801,272
84$255,916,703$4,995,862$0$64,503,084
85$281,789,261$5,009,714$0$70,780,810
86$310,293,546$5,016,970$0$77,693,195
87$341,697,765$5,017,078$0$85,304,982
88$376,297,473$5,009,451$0$93,687,528
89$414,418,367$4,993,466$0$102,919,481
90$456,419,356$4,968,462$0$113,087,518
91$502,695,952$4,933,738$0$124,287,174
92$553,683,998$4,888,550$0$136,623,737
93$609,863,786$4,832,109$0$150,213,249
94$671,764,589$4,763,579$0$165,183,605
95$739,969,656$4,682,074$0$181,675,759
96$815,121,721$4,586,655$0$199,845,060
97$897,929,063$4,476,328$0$219,862,721
98$989,172,200$4,350,041$0$241,917,438
99$1,089,711,250$4,206,678$0$266,217,173
100$1,200,494,052$4,045,060$0$292,991,125