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%14.8%
1 years$146,165$144,863$143,593$142,353$141,142$138,349
2 years$72,359$71,011$69,705$68,439$67,211$64,408
3 years$47,760$46,407$45,104$43,849$42,641$39,917
4 years$35,463$34,114$32,824$31,591$30,412$27,787
5 years$28,087$26,746$25,473$24,265$23,119$20,601
6 years$23,171$21,840$20,586$19,405$18,293$15,885
7 years$19,661$18,341$17,107$15,954$14,877$12,579
8 years$17,030$15,722$14,508$13,383$12,342$10,153
9 years$14,984$13,689$12,496$11,400$10,394$8,313
10 years$13,349$12,066$10,894$9,827$8,856$6,881
11 years$12,012$10,741$9,591$8,552$7,616$5,745
12 years$10,898$9,641$8,512$7,501$6,600$4,830
13 years$9,957$8,713$7,605$6,623$5,756$4,083
14 years$9,150$7,920$6,833$5,879$5,045$3,467
15 years$8,452$7,235$6,169$5,243$4,442$2,956
16 years$7,842$6,638$5,593$4,694$3,926$2,528
17 years$7,304$6,113$5,090$4,218$3,481$2,167
18 years$6,826$5,649$4,646$3,801$3,095$1,862
19 years$6,399$5,235$4,253$3,435$2,759$1,604
20 years$6,016$4,865$3,904$3,111$2,464$1,383
21 years$5,669$4,531$3,590$2,823$2,205$1,194
22 years$5,354$4,230$3,309$2,567$1,977$1,032
23 years$5,067$3,956$3,055$2,338$1,774$894
24 years$4,805$3,707$2,826$2,132$1,595$774
25 years$4,563$3,478$2,617$1,947$1,435$671
26 years$4,341$3,269$2,427$1,780$1,293$582
27 years$4,135$3,077$2,254$1,630$1,166$505
28 years$3,945$2,899$2,095$1,493$1,052$439
29 years$3,768$2,735$1,950$1,369$950$381
30 years$3,603$2,583$1,816$1,257$858$331
31 years$3,449$2,442$1,693$1,154$776$288
32 years$3,305$2,310$1,580$1,061$702$250
33 years$3,170$2,188$1,475$975$635$218
34 years$3,043$2,074$1,378$897$575$189
35 years$2,924$1,967$1,289$826$521$165
36 years$2,811$1,867$1,205$761$472$143
37 years$2,705$1,773$1,128$701$428$125
38 years$2,605$1,685$1,057$646$388$109
39 years$2,510$1,602$990$596$352$95
40 years$2,420$1,524$928$550$319$82
41 years$2,335$1,451$870$507$289$72
42 years$2,253$1,382$816$468$263$62
43 years$2,176$1,317$766$432$238$54
44 years$2,103$1,255$719$399$216$47
45 years$2,033$1,197$675$368$196$41
46 years$1,966$1,142$634$340$178$36
47 years$1,903$1,090$596$314$162$31
48 years$1,842$1,040$560$290$147$27
49 years$1,784$993$526$268$134$24
50 years$1,728$949$495$248$121$21

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 $6,844 every year, while hoping to spend $42,047 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: 60/22/18 Blend
29$1,770,000$1,770,000$1,770,000$1,770,000
30$1,957,600$1,863,790$1,836,355$2,065,557
31$2,112,537$1,910,378$1,853,135$2,185,915
32$2,281,869$1,957,839$1,869,068$2,311,904
33$2,467,019$2,006,173$1,884,081$2,448,386
34$2,669,555$2,055,375$1,898,098$2,596,383
35$2,891,203$2,105,442$1,911,038$2,757,019
36$3,133,864$2,156,367$1,922,815$2,931,534
37$3,399,630$2,208,141$1,933,342$3,121,294
38$3,690,807$2,260,755$1,942,524$3,327,803
39$4,009,934$2,314,196$1,950,262$3,552,718
40$4,359,805$2,368,449$1,956,454$3,797,867
41$4,743,500$2,423,498$1,960,990$4,065,259
42$5,164,410$2,479,323$1,963,757$4,357,113
43$5,626,271$2,535,901$1,964,634$4,675,870
44$6,133,197$2,593,207$1,963,495$5,024,222
45$6,689,721$2,651,211$1,960,210$5,405,135
46$7,300,834$2,709,883$1,954,639$5,821,877
47$7,972,037$2,769,185$1,946,637$6,278,049
48$8,709,389$2,829,078$1,936,053$6,777,619
49$9,519,562$2,889,519$1,922,726$7,324,961
50$10,409,910$2,950,458$1,906,491$7,924,895
51$11,388,533$3,011,843$1,887,171$8,582,731
52$12,464,356$3,073,615$1,864,583$9,304,323
53$13,647,209$3,135,711$1,838,536$10,096,122
54$14,947,926$3,198,062$1,808,827$10,965,236
55$16,378,439$3,260,593$1,775,248$11,919,500
56$17,951,899$3,323,220$1,737,578$12,967,548
57$19,682,791$3,385,857$1,695,585$14,118,896
58$21,587,078$3,448,406$1,649,030$15,384,031
59$23,682,347$3,510,764$1,597,659$16,774,511
60$25,987,974$3,572,820$1,541,209$18,303,074
61$28,525,312$3,634,452$1,479,403$19,983,757
62$31,317,884$3,695,531$1,411,954$21,832,033
63$34,391,614$3,755,918$1,338,560$23,864,953
64$37,775,061$3,815,461$1,258,905$26,101,309
65$41,499,699$3,874,000$1,172,659$28,561,811
66$45,600,205$3,931,362$1,079,480$31,269,284
67$50,114,790$3,987,363$979,006$34,248,886
68$55,085,558$4,041,803$870,863$37,528,340
69$60,558,905$4,094,472$754,657$41,138,200
70$66,585,954$4,145,142$629,978$45,112,142
71$73,223,038$4,193,570$496,400$49,487,277
72$80,532,232$4,239,500$353,473$54,304,507
73$88,581,938$4,282,654$200,733$59,608,910
74$97,447,530$4,322,738$37,692$65,450,164
75$107,212,065$4,359,438$0$71,883,019
76$117,967,066$4,392,421$0$78,993,995
77$129,813,387$4,421,330$0$86,832,840
78$142,862,164$4,445,787$0$95,465,701
79$157,235,862$4,465,388$0$104,973,460
80$173,069,433$4,479,705$0$115,445,247
81$190,511,587$4,488,282$0$126,979,283
82$209,726,196$4,490,636$0$139,683,807
83$230,893,842$4,486,250$0$153,678,103
84$254,213,518$4,474,581$0$169,093,616
85$279,904,509$4,455,048$0$186,075,204
86$308,208,460$4,427,036$0$204,782,498
87$339,391,654$4,389,892$0$225,391,417
88$373,747,531$4,342,925$0$248,095,819
89$411,599,453$4,285,402$0$273,109,343
90$453,303,755$4,216,545$0$300,667,417
91$499,253,113$4,135,530$0$331,029,486
92$549,880,244$4,041,485$0$364,481,463
93$605,661,998$3,933,487$0$401,338,426
94$667,123,850$3,810,556$0$441,947,591
95$734,844,868$3,671,658$0$486,691,599
96$809,463,173$3,515,698$0$535,992,122
97$891,681,965$3,341,515$0$590,313,846
98$982,276,160$3,147,884$0$650,168,863
99$1,082,099,706$2,933,509$0$716,121,502
100$1,192,093,643$2,697,017$0$788,793,661