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

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$145,339$144,045$142,781$141,549$140,345$135,635
2 years$71,950$70,610$69,311$68,052$66,831$62,133
3 years$47,490$46,144$44,849$43,602$42,400$37,861
4 years$35,263$33,921$32,639$31,413$30,240$25,894
5 years$27,928$26,595$25,329$24,128$22,988$18,847
6 years$23,040$21,716$20,470$19,295$18,190$14,257
7 years$19,550$18,237$17,010$15,864$14,793$11,068
8 years$16,933$15,633$14,426$13,308$12,272$8,752
9 years$14,900$13,611$12,425$11,335$10,335$7,016
10 years$13,273$11,998$10,833$9,771$8,806$5,682
11 years$11,944$10,681$9,537$8,504$7,573$4,639
12 years$10,836$9,586$8,464$7,459$6,563$3,811
13 years$9,900$8,663$7,562$6,585$5,723$3,147
14 years$9,099$7,875$6,794$5,846$5,017$2,609
15 years$8,404$7,194$6,134$5,213$4,417$2,170
16 years$7,797$6,600$5,562$4,668$3,904$1,810
17 years$7,263$6,078$5,061$4,194$3,461$1,513
18 years$6,788$5,617$4,620$3,780$3,078$1,267
19 years$6,363$5,206$4,229$3,415$2,743$1,062
20 years$5,982$4,837$3,881$3,093$2,450$892
21 years$5,637$4,506$3,570$2,807$2,193$750
22 years$5,324$4,206$3,290$2,552$1,966$631
23 years$5,039$3,934$3,038$2,325$1,764$531
24 years$4,777$3,686$2,810$2,120$1,586$448
25 years$4,538$3,459$2,602$1,936$1,427$377
26 years$4,316$3,251$2,414$1,770$1,285$318
27 years$4,112$3,059$2,241$1,620$1,159$268
28 years$3,923$2,883$2,084$1,485$1,046$227
29 years$3,747$2,720$1,939$1,361$944$191
30 years$3,583$2,568$1,806$1,250$853$161
31 years$3,429$2,428$1,684$1,148$771$136
32 years$3,286$2,297$1,571$1,055$698$115
33 years$3,152$2,176$1,467$970$631$97
34 years$3,026$2,062$1,370$892$572$82
35 years$2,907$1,956$1,281$821$518$69
36 years$2,795$1,856$1,199$757$469$59
37 years$2,690$1,763$1,122$697$425$50
38 years$2,590$1,676$1,051$642$386$42
39 years$2,496$1,593$984$592$350$35
40 years$2,406$1,516$923$546$317$30
41 years$2,321$1,443$865$504$288$25
42 years$2,241$1,374$811$465$261$21
43 years$2,164$1,309$761$429$237$18
44 years$2,091$1,248$715$397$215$15
45 years$2,022$1,190$671$366$195$13
46 years$1,955$1,135$630$338$177$11
47 years$1,892$1,083$592$313$161$9
48 years$1,832$1,034$557$289$146$8
49 years$1,774$988$523$267$133$7
50 years$1,718$944$492$247$121$6

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 $4,670 every year, while hoping to spend $26,787 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: 60/26/14 Blend
29$1,760,000$1,760,000$1,760,000$1,760,000
30$1,944,337$1,851,057$1,823,777$2,053,957
31$2,114,158$1,913,258$1,856,372$2,190,543
32$2,300,404$1,977,608$1,889,162$2,336,054
33$2,504,720$2,044,186$1,922,124$2,494,149
34$2,728,921$2,113,071$1,955,235$2,666,044
35$2,975,005$2,184,346$1,988,470$2,853,081
36$3,245,174$2,258,097$2,021,801$3,056,734
37$3,541,851$2,334,413$2,055,201$3,278,626
38$3,867,708$2,413,388$2,088,639$3,520,546
39$4,225,687$2,495,117$2,122,081$3,784,459
40$4,619,030$2,579,700$2,155,493$4,072,531
41$5,051,306$2,667,240$2,188,837$4,387,145
42$5,526,450$2,757,846$2,222,075$4,730,928
43$6,048,796$2,851,629$2,255,162$5,106,768
44$6,623,119$2,948,705$2,288,056$5,517,849
45$7,254,680$3,049,193$2,320,708$5,967,674
46$7,949,273$3,153,220$2,353,068$6,460,103
47$8,713,286$3,260,914$2,385,082$6,999,385
48$9,553,753$3,372,411$2,416,695$7,590,201
49$10,478,427$3,487,850$2,447,845$8,237,707
50$11,495,848$3,607,376$2,478,469$8,947,580
51$12,615,428$3,731,141$2,508,502$9,726,075
52$13,847,536$3,859,301$2,537,871$10,580,079
53$15,203,596$3,992,019$2,566,501$11,517,182
54$16,696,199$4,129,464$2,594,315$12,545,742
55$18,339,215$4,271,812$2,621,228$13,674,966
56$20,147,929$4,419,244$2,647,153$14,914,998
57$22,139,182$4,571,952$2,671,997$16,277,012
58$24,331,533$4,730,131$2,695,663$17,773,318
59$26,745,428$4,893,987$2,718,047$19,417,478
60$29,403,402$5,063,732$2,739,042$21,224,433
61$32,330,282$5,239,588$2,758,533$23,210,642
62$35,553,428$5,421,785$2,776,400$25,394,243
63$39,102,986$5,610,561$2,792,518$27,795,214
64$43,012,177$5,806,165$2,806,754$30,435,570
65$47,317,607$6,008,855$2,818,968$33,339,566
66$52,059,614$6,218,900$2,829,015$36,533,925
67$57,282,647$6,436,579$2,836,740$40,048,091
68$63,035,688$6,662,182$2,841,981$43,914,507
69$69,372,711$6,896,011$2,844,570$48,168,918
70$76,353,192$7,138,381$2,844,328$52,850,710
71$84,042,673$7,389,617$2,841,069$58,003,283
72$92,513,378$7,650,060$2,834,596$63,674,453
73$101,844,892$7,920,062$2,824,705$69,916,911
74$112,124,917$8,199,992$2,811,179$76,788,715
75$123,450,099$8,490,232$2,793,793$84,353,837
76$135,926,935$8,791,179$2,772,311$92,682,769
77$149,672,783$9,103,248$2,746,485$101,853,186
78$164,816,969$9,426,869$2,716,054$111,950,677
79$181,502,005$9,762,490$2,680,747$123,069,555
80$199,884,936$10,110,579$2,640,279$135,313,744
81$220,138,823$10,471,621$2,594,351$148,797,762
82$242,454,373$10,846,121$2,542,652$163,647,798
83$267,041,743$11,234,605$2,484,855$180,002,903
84$294,132,521$11,637,621$2,420,618$198,016,303
85$323,981,913$12,055,739$2,349,584$217,856,846
86$356,871,151$12,489,553$2,271,378$239,710,590
87$393,110,149$12,939,681$2,185,609$263,782,562
88$433,040,425$13,406,767$2,091,868$290,298,691
89$477,038,331$13,891,481$1,989,728$319,507,942
90$525,518,598$14,394,521$1,878,741$351,684,662
91$578,938,257$14,916,614$1,758,441$387,131,169
92$637,800,949$15,458,517$1,628,338$426,180,609
93$702,661,681$16,021,020$1,487,923$469,200,094
94$774,132,067$16,604,945$1,336,663$516,594,170
95$852,886,097$17,211,147$1,174,001$568,808,633
96$939,666,505$17,840,518$999,355$626,334,737
97$1,035,291,773$18,493,988$812,118$689,713,831
98$1,140,663,866$19,172,526$611,657$759,542,465
99$1,256,776,742$19,877,141$397,308$836,478,025
100$1,384,725,733$20,608,885$168,382$921,244,932