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%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 $6,546 every year, while hoping to spend $45,764 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: 59/28/13 Blend
29$1,760,000$1,760,000$1,760,000$1,760,000
30$1,946,272$1,852,992$1,825,712$2,054,453
31$2,096,099$1,895,096$1,838,181$2,170,249
32$2,259,675$1,937,730$1,849,534$2,290,770
33$2,438,354$1,980,870$1,859,685$2,421,102
34$2,633,625$2,024,492$1,868,544$2,562,194
35$2,847,131$2,068,568$1,876,016$2,715,093
36$3,080,678$2,113,068$1,882,002$2,880,952
37$3,336,256$2,157,957$1,886,398$3,061,039
38$3,616,055$2,203,198$1,889,094$3,256,754
39$3,922,489$2,248,750$1,889,974$3,469,637
40$4,258,212$2,294,569$1,888,917$3,701,388
41$4,626,152$2,340,605$1,885,798$3,953,876
42$5,029,530$2,386,805$1,880,483$4,229,164
43$5,471,895$2,433,111$1,872,832$4,529,523
44$5,957,156$2,479,461$1,862,700$4,857,457
45$6,489,618$2,525,787$1,849,932$5,215,724
46$7,074,023$2,572,015$1,834,370$5,607,365
47$7,715,596$2,618,066$1,815,843$6,035,731
48$8,420,089$2,663,854$1,794,177$6,504,513
49$9,193,843$2,709,287$1,769,186$7,017,782
50$10,043,838$2,754,266$1,740,677$7,580,023
51$10,977,768$2,798,683$1,708,448$8,196,178
52$12,004,107$2,842,425$1,672,288$8,871,696
53$13,132,191$2,885,369$1,631,974$9,612,581
54$14,372,304$2,927,382$1,587,275$10,425,450
55$15,735,779$2,968,324$1,537,949$11,317,597
56$17,235,100$3,008,043$1,483,742$12,297,062
57$18,884,021$3,046,378$1,424,388$13,372,703
58$20,697,697$3,083,155$1,359,610$14,554,286
59$22,692,823$3,118,192$1,289,119$15,852,575
60$24,887,798$3,151,290$1,212,611$17,279,432
61$27,302,890$3,182,239$1,129,770$18,847,932
62$29,960,432$3,210,816$1,040,264$20,572,485
63$32,885,031$3,236,782$943,748$22,468,974
64$36,103,802$3,259,882$839,862$24,554,906
65$39,646,619$3,279,845$728,226$26,849,573
66$43,546,401$3,296,384$608,448$29,374,243
67$47,839,418$3,309,192$480,116$32,152,353
68$52,565,639$3,317,943$342,801$35,209,735
69$57,769,103$3,322,290$196,053$38,574,862
70$63,498,336$3,321,866$39,405$42,279,113
71$69,806,809$3,316,281$0$46,357,076
72$76,753,443$3,305,118$0$50,864,590
73$84,403,163$3,287,938$0$55,832,933
74$92,827,512$3,264,274$0$61,303,009
75$102,105,325$3,233,629$0$67,325,929
76$112,323,471$3,195,480$0$73,958,021
77$123,577,674$3,149,268$0$81,261,359
78$135,973,419$3,094,404$0$89,304,351
79$149,626,940$3,030,262$0$98,162,388
80$164,666,324$2,956,181$0$107,918,554
81$181,232,715$2,871,459$0$118,664,412
82$199,481,645$2,775,355$0$130,500,868
83$219,584,507$2,667,081$0$143,539,127
84$241,730,167$2,545,808$0$157,901,740
85$266,126,747$2,410,656$0$173,723,766
86$293,003,592$2,260,694$0$191,154,047
87$322,613,430$2,094,940$0$210,356,613
88$355,234,761$1,912,353$0$231,512,231
89$391,174,483$1,711,835$0$254,820,119
90$430,770,788$1,492,223$0$280,499,821
91$474,396,357$1,252,290$0$308,793,283
92$522,461,872$990,739$0$339,967,144
93$575,419,898$706,200$0$374,315,248
94$633,769,151$397,227$0$412,161,425
95$698,059,204$62,292$0$453,862,548
96$768,895,680$0$0$499,811,905
97$846,945,961$0$0$550,535,415
98$932,945,492$0$0$606,446,435
99$1,027,704,724$0$0$668,052,707
100$1,132,116,759$0$0$735,934,902