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%18.7%
1 years$146,165$144,863$143,593$142,353$141,142$136,189
2 years$72,359$71,011$69,705$68,439$67,211$62,272
3 years$47,760$46,407$45,104$43,849$42,641$37,873
4 years$35,463$34,114$32,824$31,591$30,412$25,850
5 years$28,087$26,746$25,473$24,265$23,119$18,775
6 years$23,171$21,840$20,586$19,405$18,293$14,172
7 years$19,661$18,341$17,107$15,954$14,877$10,977
8 years$17,030$15,722$14,508$13,383$12,342$8,659
9 years$14,984$13,689$12,496$11,400$10,394$6,924
10 years$13,349$12,066$10,894$9,827$8,856$5,594
11 years$12,012$10,741$9,591$8,552$7,616$4,555
12 years$10,898$9,641$8,512$7,501$6,600$3,732
13 years$9,957$8,713$7,605$6,623$5,756$3,073
14 years$9,150$7,920$6,833$5,879$5,045$2,541
15 years$8,452$7,235$6,169$5,243$4,442$2,107
16 years$7,842$6,638$5,593$4,694$3,926$1,753
17 years$7,304$6,113$5,090$4,218$3,481$1,461
18 years$6,826$5,649$4,646$3,801$3,095$1,220
19 years$6,399$5,235$4,253$3,435$2,759$1,020
20 years$6,016$4,865$3,904$3,111$2,464$854
21 years$5,669$4,531$3,590$2,823$2,205$715
22 years$5,354$4,230$3,309$2,567$1,977$600
23 years$5,067$3,956$3,055$2,338$1,774$504
24 years$4,805$3,707$2,826$2,132$1,595$423
25 years$4,563$3,478$2,617$1,947$1,435$355
26 years$4,341$3,269$2,427$1,780$1,293$299
27 years$4,135$3,077$2,254$1,630$1,166$251
28 years$3,945$2,899$2,095$1,493$1,052$211
29 years$3,768$2,735$1,950$1,369$950$178
30 years$3,603$2,583$1,816$1,257$858$150
31 years$3,449$2,442$1,693$1,154$776$126
32 years$3,305$2,310$1,580$1,061$702$106
33 years$3,170$2,188$1,475$975$635$89
34 years$3,043$2,074$1,378$897$575$75
35 years$2,924$1,967$1,289$826$521$63
36 years$2,811$1,867$1,205$761$472$53
37 years$2,705$1,773$1,128$701$428$45
38 years$2,605$1,685$1,057$646$388$38
39 years$2,510$1,602$990$596$352$32
40 years$2,420$1,524$928$550$319$27
41 years$2,335$1,451$870$507$289$23
42 years$2,253$1,382$816$468$263$19
43 years$2,176$1,317$766$432$238$16
44 years$2,103$1,255$719$399$216$14
45 years$2,033$1,197$675$368$196$11
46 years$1,966$1,142$634$340$178$10
47 years$1,903$1,090$596$314$162$8
48 years$1,842$1,040$560$290$147$7
49 years$1,784$993$526$268$134$6
50 years$1,728$949$495$248$121$5

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 $5,890 every year, while hoping to spend $37,199 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: 61/32/7 Blend
29$1,770,000$1,770,000$1,770,000$1,770,000
30$1,956,616$1,862,806$1,835,371$2,072,875
31$2,116,611$1,914,504$1,857,276$2,203,029
32$2,291,679$1,967,488$1,878,669$2,340,147
33$2,483,318$2,021,783$1,899,492$2,488,806
34$2,693,178$2,077,411$1,919,686$2,650,119
35$2,923,075$2,134,397$1,939,188$2,825,310
36$3,175,010$2,192,764$1,957,933$3,015,728
37$3,451,186$2,252,535$1,975,849$3,222,856
38$3,754,031$2,313,734$1,992,864$3,448,329
39$4,086,217$2,376,381$2,008,900$3,693,945
40$4,450,689$2,440,501$2,023,875$3,961,685
41$4,850,688$2,506,114$2,037,703$4,253,730
42$5,289,786$2,573,243$2,050,295$4,572,482
43$5,771,920$2,641,907$2,061,555$4,920,586
44$6,301,422$2,712,126$2,071,383$5,300,956
45$6,883,067$2,783,921$2,079,675$5,716,799
46$7,522,115$2,857,308$2,086,320$6,171,650
47$8,224,362$2,932,307$2,091,202$6,669,402
48$8,996,189$3,008,933$2,094,200$7,214,343
49$9,844,631$3,087,201$2,095,186$7,811,196
50$10,777,435$3,167,125$2,094,026$8,465,165
51$11,803,137$3,248,718$2,090,580$9,181,983
52$12,931,142$3,331,991$2,084,700$9,967,965
53$14,171,813$3,416,953$2,076,232$10,830,068
54$15,536,566$3,503,611$2,065,013$11,775,958
55$17,037,979$3,591,972$2,050,875$12,814,080
56$18,689,912$3,682,037$2,033,638$13,953,739
57$20,507,635$3,773,809$2,013,117$15,205,187
58$22,507,973$3,867,285$1,989,115$16,579,720
59$24,709,466$3,962,461$1,961,430$18,089,784
60$27,132,539$4,059,329$1,929,846$19,749,093
61$29,799,701$4,157,880$1,894,139$21,572,757
62$32,735,753$4,258,098$1,854,074$23,577,426
63$35,968,021$4,359,966$1,809,407$25,781,446
64$39,526,616$4,463,462$1,759,880$28,205,034
65$43,444,719$4,568,560$1,705,224$30,870,465
66$47,758,890$4,675,228$1,645,158$33,802,285
67$52,509,415$4,783,432$1,579,389$37,027,543
68$57,740,685$4,893,131$1,507,608$40,576,043
69$63,501,618$5,004,277$1,429,496$44,480,631
70$69,846,113$5,116,817$1,344,715$48,777,497
71$76,833,569$5,230,693$1,252,914$53,506,524
72$84,529,434$5,345,838$1,153,728$58,711,661
73$93,005,831$5,462,179$1,046,773$64,441,337
74$102,342,234$5,579,633$931,648$70,748,920
75$112,626,218$5,698,112$807,935$77,693,221
76$123,954,290$5,817,517$675,197$85,339,047
77$136,432,790$5,937,738$532,980$93,757,816
78$150,178,906$6,058,658$380,805$103,028,228
79$165,321,769$6,180,147$218,177$113,237,009
80$182,003,679$6,302,065$44,576$124,479,732
81$200,381,446$6,424,257$0$136,861,718
82$220,627,867$6,546,559$0$150,509,534
83$242,933,360$6,668,791$0$165,544,811
84$267,507,758$6,790,757$0$182,105,204
85$294,582,294$6,912,249$0$200,346,082
86$324,411,777$7,033,039$0$220,438,657
87$357,277,004$7,152,883$0$242,571,603
88$393,487,404$7,271,520$0$266,952,838
89$433,383,961$7,388,666$0$293,811,483
90$477,342,434$7,504,019$0$323,400,029
91$525,776,899$7,617,253$0$355,996,717
92$579,143,665$7,728,021$0$391,908,170
93$637,945,573$7,835,948$0$431,472,283
94$702,736,747$7,940,635$0$475,061,415
95$774,127,823$8,041,654$0$523,085,904
96$852,791,715$8,138,549$0$575,997,943
97$939,469,964$8,230,832$0$634,295,847
98$1,034,979,740$8,317,982$0$698,528,758
99$1,140,221,553$8,399,443$0$769,301,834
100$1,256,187,759$8,474,623$0$847,281,954