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%11.2%
1 years$145,339$144,045$142,781$141,549$140,345$139,636
2 years$71,950$70,610$69,311$68,052$66,831$66,116
3 years$47,490$46,144$44,849$43,602$42,400$41,701
4 years$35,263$33,921$32,639$31,413$30,240$29,561
5 years$27,928$26,595$25,329$24,128$22,988$22,332
6 years$23,040$21,716$20,470$19,295$18,190$17,558
7 years$19,550$18,237$17,010$15,864$14,793$14,185
8 years$16,933$15,633$14,426$13,308$12,272$11,689
9 years$14,900$13,611$12,425$11,335$10,335$9,776
10 years$13,273$11,998$10,833$9,771$8,806$8,270
11 years$11,944$10,681$9,537$8,504$7,573$7,061
12 years$10,836$9,586$8,464$7,459$6,563$6,074
13 years$9,900$8,663$7,562$6,585$5,723$5,256
14 years$9,099$7,875$6,794$5,846$5,017$4,572
15 years$8,404$7,194$6,134$5,213$4,417$3,994
16 years$7,797$6,600$5,562$4,668$3,904$3,502
17 years$7,263$6,078$5,061$4,194$3,461$3,080
18 years$6,788$5,617$4,620$3,780$3,078$2,716
19 years$6,363$5,206$4,229$3,415$2,743$2,400
20 years$5,982$4,837$3,881$3,093$2,450$2,126
21 years$5,637$4,506$3,570$2,807$2,193$1,886
22 years$5,324$4,206$3,290$2,552$1,966$1,675
23 years$5,039$3,934$3,038$2,325$1,764$1,491
24 years$4,777$3,686$2,810$2,120$1,586$1,328
25 years$4,538$3,459$2,602$1,936$1,427$1,184
26 years$4,316$3,251$2,414$1,770$1,285$1,057
27 years$4,112$3,059$2,241$1,620$1,159$944
28 years$3,923$2,883$2,084$1,485$1,046$844
29 years$3,747$2,720$1,939$1,361$944$754
30 years$3,583$2,568$1,806$1,250$853$675
31 years$3,429$2,428$1,684$1,148$771$605
32 years$3,286$2,297$1,571$1,055$698$542
33 years$3,152$2,176$1,467$970$631$485
34 years$3,026$2,062$1,370$892$572$435
35 years$2,907$1,956$1,281$821$518$390
36 years$2,795$1,856$1,199$757$469$350
37 years$2,690$1,763$1,122$697$425$314
38 years$2,590$1,676$1,051$642$386$282
39 years$2,496$1,593$984$592$350$253
40 years$2,406$1,516$923$546$317$227
41 years$2,321$1,443$865$504$288$204
42 years$2,241$1,374$811$465$261$183
43 years$2,164$1,309$761$429$237$165
44 years$2,091$1,248$715$397$215$148
45 years$2,022$1,190$671$366$195$133
46 years$1,955$1,135$630$338$177$119
47 years$1,892$1,083$592$313$161$107
48 years$1,832$1,034$557$289$146$96
49 years$1,774$988$523$267$133$87
50 years$1,718$944$492$247$121$78

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 $5,621 every year, while hoping to spend $54,743 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: 29/43/28 Blend
29$1,760,000$1,760,000$1,760,000$1,760,000
30$1,945,318$1,852,038$1,824,758$1,984,784
31$2,085,494$1,884,542$1,827,641$2,048,922
32$2,238,134$1,916,803$1,828,786$2,112,696
33$2,404,450$1,948,753$1,828,077$2,180,168
34$2,585,778$1,980,317$1,825,392$2,251,694
35$2,783,589$2,011,413$1,820,604$2,327,672
36$2,999,498$2,041,956$1,813,578$2,408,541
37$3,235,288$2,071,853$1,804,174$2,494,788
38$3,492,919$2,101,005$1,792,245$2,586,951
39$3,774,548$2,129,306$1,777,636$2,685,630
40$4,082,552$2,156,642$1,760,187$2,791,484
41$4,419,547$2,182,892$1,739,728$2,905,246
42$4,788,414$2,207,926$1,716,082$3,027,728
43$5,192,324$2,231,607$1,689,062$3,159,827
44$5,634,771$2,253,785$1,658,476$3,302,538
45$6,119,602$2,274,305$1,624,119$3,456,958
46$6,651,053$2,292,998$1,585,779$3,624,306
47$7,233,790$2,309,685$1,543,233$3,805,928
48$7,872,954$2,324,176$1,496,248$4,003,313
49$8,574,203$2,336,269$1,444,580$4,218,108
50$9,343,773$2,345,747$1,387,975$4,452,135
51$10,188,532$2,352,383$1,326,166$4,707,408
52$11,116,045$2,355,933$1,258,876$4,986,156
53$12,134,645$2,356,137$1,185,811$5,290,840
54$13,253,513$2,352,721$1,106,670$5,624,183
55$14,482,760$2,345,393$1,021,132$5,989,193
56$15,833,529$2,333,845$928,867$6,389,194
57$17,318,092$2,317,746$829,527$6,827,861
58$18,949,971$2,296,749$722,750$7,309,254
59$20,744,062$2,270,485$608,157$7,837,856
60$22,716,779$2,238,561$485,353$8,418,623
61$24,886,203$2,200,563$353,925$9,057,025
62$27,272,256$2,156,051$213,441$9,759,108
63$29,896,888$2,104,559$63,453$10,531,546
64$32,784,282$2,045,594$0$11,381,709
65$35,961,085$1,978,634$0$12,346,600
66$39,456,655$1,903,127$0$13,428,447
67$43,303,340$1,818,486$0$14,618,346
68$47,536,784$1,724,095$0$15,927,408
69$52,196,259$1,619,299$0$17,367,887
70$57,325,038$1,503,406$0$18,953,299
71$62,970,803$1,375,683$0$20,698,550
72$69,186,092$1,235,359$0$22,620,081
73$76,028,796$1,081,614$0$24,736,022
74$83,562,707$913,587$0$27,066,369
75$91,858,115$730,364$0$29,633,172
76$100,992,472$530,982$0$32,460,748
77$111,051,126$314,422$0$35,575,910
78$122,128,121$79,609$0$39,008,226
79$134,327,088$0$0$42,790,302
80$147,762,220$0$0$47,040,701
81$162,559,349$0$0$51,763,861
82$178,857,134$0$0$56,966,421
83$196,808,370$0$0$62,697,206
84$216,581,429$0$0$69,010,018
85$238,361,845$0$0$75,964,143
86$262,354,071$0$0$83,624,916
87$288,783,403$0$0$92,064,328
88$317,898,107$0$0$101,361,715
89$349,971,762$0$0$111,604,501
90$385,305,845$0$0$122,889,024
91$424,232,567$0$0$135,321,445
92$467,118,020$0$0$149,018,751
93$514,365,621$0$0$164,109,861
94$566,419,927$0$0$180,736,836
95$623,770,826$0$0$199,056,227
96$686,958,162$0$0$219,240,550
97$756,576,833$0$0$241,479,912
98$833,282,399$0$0$265,983,810
99$917,797,277$0$0$292,983,102
100$1,010,917,555$0$0$322,732,194