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%12.1%
1 years$146,991$145,681$144,404$143,157$141,940$140,692
2 years$72,768$71,412$70,099$68,826$67,590$66,333
3 years$48,030$46,669$45,359$44,097$42,882$41,654
4 years$35,663$34,307$33,010$31,770$30,584$29,394
5 years$28,246$26,897$25,617$24,402$23,249$22,102
6 years$23,302$21,963$20,702$19,515$18,396$17,293
7 years$19,772$18,445$17,204$16,044$14,961$13,902
8 years$17,126$15,810$14,590$13,459$12,412$11,397
9 years$15,069$13,766$12,566$11,464$10,453$9,482
10 years$13,424$12,134$10,956$9,882$8,906$7,979
11 years$12,079$10,802$9,645$8,600$7,660$6,775
12 years$10,960$9,695$8,560$7,544$6,638$5,794
13 years$10,013$8,762$7,648$6,660$5,788$4,986
14 years$9,202$7,964$6,871$5,912$5,074$4,311
15 years$8,500$7,275$6,204$5,272$4,467$3,744
16 years$7,886$6,675$5,625$4,721$3,948$3,262
17 years$7,345$6,148$5,118$4,242$3,501$2,851
18 years$6,865$5,681$4,672$3,823$3,113$2,498
19 years$6,436$5,265$4,277$3,454$2,774$2,194
20 years$6,050$4,892$3,926$3,128$2,478$1,930
21 years$5,701$4,557$3,611$2,839$2,218$1,701
22 years$5,384$4,254$3,328$2,581$1,988$1,501
23 years$5,096$3,978$3,073$2,351$1,784$1,327
24 years$4,832$3,728$2,842$2,144$1,604$1,173
25 years$4,589$3,498$2,632$1,958$1,443$1,039
26 years$4,366$3,288$2,441$1,790$1,300$921
27 years$4,159$3,094$2,267$1,639$1,172$817
28 years$3,967$2,916$2,107$1,502$1,058$725
29 years$3,789$2,750$1,961$1,377$955$644
30 years$3,623$2,598$1,827$1,264$863$572
31 years$3,468$2,456$1,703$1,161$780$508
32 years$3,324$2,323$1,589$1,067$706$452
33 years$3,188$2,200$1,483$981$639$402
34 years$3,060$2,085$1,386$902$578$358
35 years$2,940$1,978$1,296$831$524$318
36 years$2,827$1,877$1,212$765$475$283
37 years$2,720$1,783$1,135$705$430$252
38 years$2,619$1,695$1,063$650$390$225
39 years$2,524$1,611$995$599$354$200
40 years$2,434$1,533$933$553$321$178
41 years$2,348$1,459$875$510$291$159
42 years$2,266$1,390$821$471$264$142
43 years$2,189$1,324$770$434$240$126
44 years$2,115$1,262$723$401$217$113
45 years$2,045$1,204$679$370$197$100
46 years$1,978$1,148$638$342$179$89
47 years$1,914$1,096$599$316$163$80
48 years$1,852$1,046$563$292$148$71
49 years$1,794$999$529$270$134$63
50 years$1,738$954$497$250$122$57

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 $5,314 every year, while hoping to spend $55,020 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: 68/19/13 Blend
29$1,780,000$1,780,000$1,780,000$1,780,000
30$1,967,041$1,872,701$1,845,111$2,094,715
31$2,109,139$1,905,923$1,848,382$2,213,573
32$2,263,886$1,938,928$1,849,918$2,336,473
33$2,432,515$1,971,649$1,849,603$2,469,474
34$2,616,383$2,004,010$1,847,316$2,613,562
35$2,816,981$2,035,934$1,842,928$2,769,824
36$3,035,953$2,067,334$1,836,305$2,939,454
37$3,275,106$2,098,120$1,827,308$3,123,772
38$3,536,432$2,128,193$1,815,787$3,324,229
39$3,822,122$2,157,448$1,801,590$3,542,428
40$4,134,588$2,185,773$1,784,554$3,780,131
41$4,476,489$2,213,049$1,764,509$4,039,283
42$4,850,749$2,239,147$1,741,278$4,322,028
43$5,260,590$2,263,929$1,714,676$4,630,726
44$5,709,559$2,287,251$1,684,506$4,967,983
45$6,201,563$2,308,955$1,650,566$5,336,666
46$6,740,905$2,328,876$1,612,643$5,739,939
47$7,332,324$2,346,837$1,570,512$6,181,288
48$7,981,038$2,362,650$1,523,942$6,664,554
49$8,692,797$2,376,112$1,472,687$7,193,974
50$9,473,933$2,387,012$1,416,492$7,774,216
51$10,331,420$2,395,122$1,355,091$8,410,425
52$11,272,942$2,400,200$1,288,204$9,108,275
53$12,306,962$2,401,991$1,215,539$9,874,016
54$13,442,805$2,400,220$1,136,792$10,714,540
55$14,690,739$2,394,600$1,051,643$11,637,445
56$16,062,082$2,384,822$959,760$12,651,103
57$17,569,297$2,370,561$860,795$13,764,743
58$19,226,118$2,351,472$754,384$14,988,540
59$21,047,675$2,327,186$640,149$16,333,707
60$23,050,636$2,297,317$517,692$17,812,605
61$25,253,366$2,261,450$386,599$19,438,857
62$27,676,098$2,219,151$246,440$21,227,482
63$30,341,127$2,169,955$96,762$23,195,034
64$33,273,013$2,113,375$0$25,359,756
65$36,498,821$2,048,890$0$27,750,495
66$40,048,367$1,975,952$0$30,395,574
67$43,954,507$1,893,980$0$33,306,061
68$48,253,441$1,802,360$0$36,508,961
69$52,985,058$1,700,441$0$40,034,033
70$58,193,306$1,587,536$0$43,914,075
71$63,926,615$1,462,916$0$48,185,233
72$70,238,346$1,325,815$0$52,887,338
73$77,187,296$1,175,419$0$58,064,291
74$84,838,256$1,010,870$0$63,764,469
75$93,262,616$831,260$0$70,041,190
76$102,539,042$635,632$0$76,953,212
77$112,754,219$422,972$0$84,565,289
78$124,003,663$192,212$0$92,948,786
79$136,392,630$0$0$102,182,350
80$150,037,099$0$0$112,364,735
81$165,064,876$0$0$123,623,837
82$181,616,792$0$0$136,025,002
83$199,848,035$0$0$149,684,518
84$219,929,614$0$0$164,730,532
85$242,049,973$0$0$181,304,252
86$266,416,765$0$0$199,561,285
87$293,258,818$0$0$219,673,101
88$322,828,287$0$0$241,828,653
89$355,403,040$0$0$266,236,163
90$391,289,276$0$0$293,125,080
91$430,824,414$0$0$322,748,250
92$474,380,280$0$0$355,384,302
93$522,366,616$0$0$391,340,278
94$575,234,943$0$0$430,954,526
95$633,482,829$0$0$474,599,900
96$697,658,577$0$0$522,687,275
97$768,366,407$0$0$575,669,425
98$846,272,156$0$0$634,045,297
99$932,109,561$0$0$698,364,723
100$1,026,687,187$0$0$769,233,605