Can I retire at age 30 with 1,770,000?

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$146,165$144,863$143,593$142,353$141,142$136,570
2 years$72,359$71,011$69,705$68,439$67,211$62,647
3 years$47,760$46,407$45,104$43,849$42,641$38,229
4 years$35,463$34,114$32,824$31,591$30,412$26,186
5 years$28,087$26,746$25,473$24,265$23,119$19,089
6 years$23,171$21,840$20,586$19,405$18,293$14,464
7 years$19,661$18,341$17,107$15,954$14,877$11,248
8 years$17,030$15,722$14,508$13,383$12,342$8,910
9 years$14,984$13,689$12,496$11,400$10,394$7,156
10 years$13,349$12,066$10,894$9,827$8,856$5,806
11 years$12,012$10,741$9,591$8,552$7,616$4,749
12 years$10,898$9,641$8,512$7,501$6,600$3,910
13 years$9,957$8,713$7,605$6,623$5,756$3,235
14 years$9,150$7,920$6,833$5,879$5,045$2,687
15 years$8,452$7,235$6,169$5,243$4,442$2,240
16 years$7,842$6,638$5,593$4,694$3,926$1,872
17 years$7,304$6,113$5,090$4,218$3,481$1,569
18 years$6,826$5,649$4,646$3,801$3,095$1,316
19 years$6,399$5,235$4,253$3,435$2,759$1,107
20 years$6,016$4,865$3,904$3,111$2,464$931
21 years$5,669$4,531$3,590$2,823$2,205$785
22 years$5,354$4,230$3,309$2,567$1,977$662
23 years$5,067$3,956$3,055$2,338$1,774$559
24 years$4,805$3,707$2,826$2,132$1,595$472
25 years$4,563$3,478$2,617$1,947$1,435$399
26 years$4,341$3,269$2,427$1,780$1,293$337
27 years$4,135$3,077$2,254$1,630$1,166$285
28 years$3,945$2,899$2,095$1,493$1,052$241
29 years$3,768$2,735$1,950$1,369$950$204
30 years$3,603$2,583$1,816$1,257$858$173
31 years$3,449$2,442$1,693$1,154$776$146
32 years$3,305$2,310$1,580$1,061$702$124
33 years$3,170$2,188$1,475$975$635$105
34 years$3,043$2,074$1,378$897$575$89
35 years$2,924$1,967$1,289$826$521$75
36 years$2,811$1,867$1,205$761$472$64
37 years$2,705$1,773$1,128$701$428$54
38 years$2,605$1,685$1,057$646$388$46
39 years$2,510$1,602$990$596$352$39
40 years$2,420$1,524$928$550$319$33
41 years$2,335$1,451$870$507$289$28
42 years$2,253$1,382$816$468$263$24
43 years$2,176$1,317$766$432$238$20
44 years$2,103$1,255$719$399$216$17
45 years$2,033$1,197$675$368$196$14
46 years$1,966$1,142$634$340$178$12
47 years$1,903$1,090$596$314$162$10
48 years$1,842$1,040$560$290$147$9
49 years$1,784$993$526$268$134$7
50 years$1,728$949$495$248$121$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,770,000, adding $5,232 every year, while hoping to spend $55,145 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: 39/49/12 Blend
29$1,770,000$1,770,000$1,770,000$1,770,000
30$1,955,937$1,862,127$1,834,692$2,024,947
31$2,096,769$1,894,697$1,837,480$2,106,905
32$2,250,117$1,927,015$1,838,514$2,189,677
33$2,417,200$1,959,010$1,837,675$2,277,957
34$2,599,360$1,990,607$1,834,842$2,372,268
35$2,798,071$2,021,723$1,829,886$2,473,187
36$3,014,958$2,052,272$1,822,672$2,581,351
37$3,251,810$2,082,159$1,813,057$2,697,461
38$3,510,594$2,111,285$1,800,894$2,822,295
39$3,793,478$2,139,541$1,786,027$2,956,709
40$4,102,848$2,166,813$1,768,294$3,101,649
41$4,441,329$2,192,978$1,747,523$3,258,161
42$4,811,816$2,217,905$1,723,536$3,427,397
43$5,217,493$2,241,454$1,696,146$3,610,633
44$5,661,867$2,263,475$1,665,157$3,809,273
45$6,148,801$2,283,809$1,630,364$4,024,872
46$6,682,550$2,302,287$1,591,551$4,259,144
47$7,267,797$2,318,726$1,548,496$4,513,982
48$7,909,705$2,332,936$1,500,963$4,791,476
49$8,613,955$2,344,710$1,448,706$5,093,932
50$9,386,809$2,353,832$1,391,468$5,423,898
51$10,235,163$2,360,069$1,328,981$5,784,185
52$11,166,611$2,363,174$1,260,964$6,177,897
53$12,189,523$2,362,887$1,187,123$6,608,459
54$13,313,115$2,358,929$1,107,153$7,079,652
55$14,547,542$2,351,005$1,020,731$7,595,649
56$15,903,989$2,338,803$927,524$8,161,055
57$17,394,781$2,321,989$827,181$8,780,953
58$19,033,494$2,300,212$719,337$9,460,951
59$20,835,086$2,273,098$603,610$10,207,240
60$22,816,036$2,240,251$479,602$11,026,648
61$24,994,500$2,201,251$346,897$11,926,712
62$27,390,480$2,155,654$205,060$12,915,746
63$30,026,017$2,102,989$53,637$14,002,925
64$32,925,392$2,042,757$0$15,198,369
65$36,115,360$1,974,430$0$16,527,069
66$39,625,399$1,897,450$0$17,995,747
67$43,487,991$1,811,225$0$19,611,184
68$47,738,921$1,715,131$0$21,388,438
69$52,417,624$1,608,505$0$23,344,117
70$57,567,549$1,490,649$0$25,496,535
71$63,236,571$1,360,823$0$27,865,887
72$69,477,443$1,218,245$0$30,474,443
73$76,348,291$1,062,088$0$33,346,760
74$83,913,168$891,481$0$36,509,916
75$92,242,648$705,501$0$39,993,770
76$101,414,501$503,173$0$43,831,244
77$111,514,420$283,469$0$48,058,638
78$122,636,834$45,302$0$52,715,976
79$134,885,795$0$0$57,847,388
80$148,375,959$0$0$63,616,094
81$163,233,673$0$0$69,996,825
82$179,598,159$0$0$77,024,985
83$197,622,834$0$0$84,766,505
84$217,476,755$0$0$93,294,036
85$239,346,212$0$0$102,687,638
86$263,436,488$0$0$113,035,532
87$289,973,797$0$0$124,434,934
88$319,207,416$0$0$136,992,973
89$351,412,036$0$0$150,827,702
90$386,890,360$0$0$166,069,208
91$425,975,954$0$0$182,860,845
92$469,036,395$0$0$201,360,586
93$516,476,745$0$0$221,742,510
94$568,743,367$0$0$244,198,450
95$626,328,144$0$0$268,939,799
96$689,773,116$0$0$296,199,509
97$759,675,599$0$0$326,234,286
98$836,693,823$0$0$359,327,016
99$921,553,142$0$0$395,789,436
100$1,015,052,883$0$0$435,965,071