Can I retire at age 30 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$146,991$145,681$144,404$143,157$141,940$136,686
2 years$72,768$71,412$70,099$68,826$67,590$62,357
3 years$48,030$46,669$45,359$44,097$42,882$37,833
4 years$35,663$34,307$33,010$31,770$30,584$25,758
5 years$28,246$26,897$25,617$24,402$23,249$18,659
6 years$23,302$21,963$20,702$19,515$18,396$14,045
7 years$19,772$18,445$17,204$16,044$14,961$10,848
8 years$17,126$15,810$14,590$13,459$12,412$8,532
9 years$15,069$13,766$12,566$11,464$10,453$6,802
10 years$13,424$12,134$10,956$9,882$8,906$5,478
11 years$12,079$10,802$9,645$8,600$7,660$4,446
12 years$10,960$9,695$8,560$7,544$6,638$3,631
13 years$10,013$8,762$7,648$6,660$5,788$2,979
14 years$9,202$7,964$6,871$5,912$5,074$2,455
15 years$8,500$7,275$6,204$5,272$4,467$2,029
16 years$7,886$6,675$5,625$4,721$3,948$1,681
17 years$7,345$6,148$5,118$4,242$3,501$1,396
18 years$6,865$5,681$4,672$3,823$3,113$1,161
19 years$6,436$5,265$4,277$3,454$2,774$967
20 years$6,050$4,892$3,926$3,128$2,478$807
21 years$5,701$4,557$3,611$2,839$2,218$673
22 years$5,384$4,254$3,328$2,581$1,988$563
23 years$5,096$3,978$3,073$2,351$1,784$470
24 years$4,832$3,728$2,842$2,144$1,604$393
25 years$4,589$3,498$2,632$1,958$1,443$329
26 years$4,366$3,288$2,441$1,790$1,300$276
27 years$4,159$3,094$2,267$1,639$1,172$231
28 years$3,967$2,916$2,107$1,502$1,058$193
29 years$3,789$2,750$1,961$1,377$955$162
30 years$3,623$2,598$1,827$1,264$863$136
31 years$3,468$2,456$1,703$1,161$780$114
32 years$3,324$2,323$1,589$1,067$706$95
33 years$3,188$2,200$1,483$981$639$80
34 years$3,060$2,085$1,386$902$578$67
35 years$2,940$1,978$1,296$831$524$56
36 years$2,827$1,877$1,212$765$475$47
37 years$2,720$1,783$1,135$705$430$40
38 years$2,619$1,695$1,063$650$390$33
39 years$2,524$1,611$995$599$354$28
40 years$2,434$1,533$933$553$321$23
41 years$2,348$1,459$875$510$291$20
42 years$2,266$1,390$821$471$264$16
43 years$2,189$1,324$770$434$240$14
44 years$2,115$1,262$723$401$217$12
45 years$2,045$1,204$679$370$197$10
46 years$1,978$1,148$638$342$179$8
47 years$1,914$1,096$599$316$163$7
48 years$1,852$1,046$563$292$148$6
49 years$1,794$999$529$270$134$5
50 years$1,738$954$497$250$122$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,780,000, adding $4,064 every year, while hoping to spend $45,766 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: 48/29/23 Blend
29$1,780,000$1,780,000$1,780,000$1,780,000
30$1,965,752$1,871,412$1,843,822$2,047,095
31$2,117,564$1,914,417$1,856,895$2,147,336
32$2,283,327$1,957,994$1,868,873$2,251,231
33$2,464,416$2,002,125$1,879,669$2,363,123
34$2,662,343$2,046,787$1,889,195$2,483,785
35$2,878,776$2,091,953$1,897,357$2,614,069
36$3,115,548$2,137,596$1,904,056$2,754,912
37$3,374,681$2,183,684$1,909,188$2,907,350
38$3,658,396$2,230,183$1,912,644$3,072,523
39$3,969,146$2,277,055$1,914,311$3,251,687
40$4,309,625$2,324,258$1,914,067$3,446,228
41$4,682,806$2,371,745$1,911,787$3,657,673
42$5,091,960$2,419,468$1,907,340$3,887,708
43$5,540,690$2,467,372$1,900,586$4,138,189
44$6,032,965$2,515,398$1,891,380$4,411,162
45$6,573,156$2,563,482$1,879,570$4,708,884
46$7,166,079$2,611,553$1,864,996$5,033,844
47$7,817,038$2,659,538$1,847,492$5,388,785
48$8,531,875$2,707,354$1,826,883$5,776,731
49$9,317,026$2,754,915$1,802,984$6,201,017
50$10,179,583$2,802,126$1,775,603$6,665,318
51$11,127,355$2,848,885$1,744,541$7,173,688
52$12,168,948$2,895,083$1,709,585$7,730,596
53$13,313,841$2,940,602$1,670,517$8,340,968
54$14,572,478$2,985,317$1,627,105$9,010,236
55$15,956,367$3,029,093$1,579,108$9,744,387
56$17,478,183$3,071,785$1,526,275$10,550,024
57$19,151,893$3,113,239$1,468,341$11,434,426
58$20,992,887$3,153,288$1,405,031$12,405,615
59$23,018,118$3,191,756$1,336,056$13,472,440
60$25,246,267$3,228,453$1,261,116$14,644,651
61$27,697,917$3,263,179$1,179,894$15,933,000
62$30,395,747$3,295,716$1,092,062$17,349,339
63$33,364,743$3,325,836$997,276$18,906,735
64$36,632,438$3,353,293$895,176$20,619,592
65$40,229,170$3,377,828$785,388$22,503,788
66$44,188,365$3,399,162$667,518$24,576,828
67$48,546,857$3,416,999$541,159$26,858,008
68$53,345,230$3,431,026$405,881$29,368,598
69$58,628,205$3,440,907$261,240$32,132,047
70$64,445,059$3,446,289$106,768$35,174,202
71$70,850,090$3,446,792$0$38,523,554
72$77,903,132$3,442,017$0$42,225,763
73$85,670,112$3,431,537$0$46,330,085
74$94,223,682$3,414,901$0$50,848,579
75$103,643,896$3,391,629$0$55,823,445
76$114,018,967$3,361,213$0$61,301,188
77$125,446,103$3,323,113$0$67,333,062
78$138,032,418$3,276,759$0$73,975,552
79$151,895,948$3,221,543$0$81,290,908
80$167,166,761$3,156,825$0$89,347,736
81$183,988,186$3,081,925$0$98,221,641
82$202,518,164$2,996,122$0$107,995,950
83$222,930,740$2,898,656$0$118,762,492
84$245,417,705$2,788,719$0$130,622,469
85$270,190,403$2,665,458$0$143,687,414
86$297,481,728$2,527,970$0$158,080,242
87$327,548,324$2,375,300$0$173,936,417
88$360,673,002$2,206,439$0$191,405,223
89$397,167,412$2,020,318$0$210,651,187
90$437,374,982$1,815,808$0$231,855,624
91$481,674,165$1,591,717$0$255,218,354
92$530,482,003$1,346,784$0$280,959,591
93$584,258,067$1,079,677$0$309,322,025
94$643,508,798$788,989$0$340,573,111
95$708,792,281$473,234$0$375,007,600
96$780,723,514$130,844$0$412,950,324
97$859,980,217$0$0$454,759,263
98$947,309,226$0$0$500,905,466
99$1,043,533,541$0$0$551,798,508
100$1,149,560,098$0$0$607,876,362