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%11%
1 years$146,991$145,681$144,404$143,157$141,940$141,342
2 years$72,768$71,412$70,099$68,826$67,590$66,987
3 years$48,030$46,669$45,359$44,097$42,882$42,291
4 years$35,663$34,307$33,010$31,770$30,584$30,011
5 years$28,246$26,897$25,617$24,402$23,249$22,695
6 years$23,302$21,963$20,702$19,515$18,396$17,862
7 years$19,772$18,445$17,204$16,044$14,961$14,447
8 years$17,126$15,810$14,590$13,459$12,412$11,918
9 years$15,069$13,766$12,566$11,464$10,453$9,979
10 years$13,424$12,134$10,956$9,882$8,906$8,452
11 years$12,079$10,802$9,645$8,600$7,660$7,226
12 years$10,960$9,695$8,560$7,544$6,638$6,223
13 years$10,013$8,762$7,648$6,660$5,788$5,392
14 years$9,202$7,964$6,871$5,912$5,074$4,697
15 years$8,500$7,275$6,204$5,272$4,467$4,108
16 years$7,886$6,675$5,625$4,721$3,948$3,607
17 years$7,345$6,148$5,118$4,242$3,501$3,176
18 years$6,865$5,681$4,672$3,823$3,113$2,805
19 years$6,436$5,265$4,277$3,454$2,774$2,482
20 years$6,050$4,892$3,926$3,128$2,478$2,201
21 years$5,701$4,557$3,611$2,839$2,218$1,956
22 years$5,384$4,254$3,328$2,581$1,988$1,740
23 years$5,096$3,978$3,073$2,351$1,784$1,551
24 years$4,832$3,728$2,842$2,144$1,604$1,383
25 years$4,589$3,498$2,632$1,958$1,443$1,235
26 years$4,366$3,288$2,441$1,790$1,300$1,104
27 years$4,159$3,094$2,267$1,639$1,172$988
28 years$3,967$2,916$2,107$1,502$1,058$884
29 years$3,789$2,750$1,961$1,377$955$792
30 years$3,623$2,598$1,827$1,264$863$710
31 years$3,468$2,456$1,703$1,161$780$637
32 years$3,324$2,323$1,589$1,067$706$571
33 years$3,188$2,200$1,483$981$639$513
34 years$3,060$2,085$1,386$902$578$461
35 years$2,940$1,978$1,296$831$524$414
36 years$2,827$1,877$1,212$765$475$372
37 years$2,720$1,783$1,135$705$430$334
38 years$2,619$1,695$1,063$650$390$300
39 years$2,524$1,611$995$599$354$270
40 years$2,434$1,533$933$553$321$243
41 years$2,348$1,459$875$510$291$219
42 years$2,266$1,390$821$471$264$197
43 years$2,189$1,324$770$434$240$177
44 years$2,115$1,262$723$401$217$159
45 years$2,045$1,204$679$370$197$143
46 years$1,978$1,148$638$342$179$129
47 years$1,914$1,096$599$316$163$116
48 years$1,852$1,046$563$292$148$104
49 years$1,794$999$529$270$134$94
50 years$1,738$954$497$250$122$85

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 $4,856 every year, while hoping to spend $29,783 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: 70/21/9 Blend
29$1,780,000$1,780,000$1,780,000$1,780,000
30$1,966,569$1,872,229$1,844,639$2,100,599
31$2,135,470$1,932,279$1,874,745$2,250,027
32$2,320,601$1,994,274$1,904,862$2,409,380
33$2,523,586$2,058,277$1,934,959$2,582,948
34$2,746,212$2,124,353$1,965,001$2,772,123
35$2,990,452$2,192,572$1,994,954$2,978,436
36$3,258,474$2,263,004$2,024,781$3,203,573
37$3,552,668$2,335,721$2,054,441$3,449,391
38$3,875,668$2,410,799$2,083,892$3,717,933
39$4,230,373$2,488,316$2,113,090$4,011,450
40$4,619,979$2,568,351$2,141,987$4,332,419
41$5,048,006$2,650,989$2,170,532$4,683,570
42$5,518,330$2,736,315$2,198,672$5,067,907
43$6,035,222$2,824,418$2,226,351$5,488,740
44$6,603,390$2,915,389$2,253,508$5,949,713
45$7,228,017$3,009,324$2,280,082$6,454,842
46$7,914,815$3,106,321$2,306,005$7,008,547
47$8,670,077$3,206,482$2,331,207$7,615,699
48$9,500,736$3,309,911$2,355,614$8,281,663
49$10,414,431$3,416,716$2,379,147$9,012,348
50$11,419,579$3,527,011$2,401,724$9,814,263
51$12,525,452$3,640,911$2,423,257$10,694,580
52$13,742,268$3,758,535$2,443,656$11,661,198
53$15,081,285$3,880,009$2,462,824$12,722,820
54$16,554,906$4,005,460$2,480,660$13,889,034
55$18,176,800$4,135,021$2,497,055$15,170,401
56$19,962,026$4,268,829$2,511,899$16,578,560
57$21,927,177$4,407,026$2,525,072$18,126,330
58$24,090,538$4,549,760$2,536,451$19,827,837
59$26,472,256$4,697,181$2,545,905$21,698,644
60$29,094,530$4,849,447$2,553,297$23,755,898
61$31,981,823$5,006,720$2,558,483$26,018,492
62$35,161,088$5,169,169$2,561,311$28,507,240
63$38,662,028$5,336,966$2,561,624$31,245,079
64$42,517,370$5,510,293$2,559,254$34,257,280
65$46,763,180$5,689,336$2,554,027$37,571,688
66$51,439,196$5,874,286$2,545,759$41,218,984
67$56,589,211$6,065,343$2,534,259$45,232,974
68$62,261,479$6,262,713$2,519,325$49,650,909
69$68,509,174$6,466,609$2,500,746$54,513,835
70$75,390,889$6,677,253$2,478,301$59,866,980
71$82,971,194$6,894,872$2,451,758$65,760,181
72$91,321,238$7,119,703$2,420,874$72,248,353
73$100,519,427$7,351,991$2,385,396$79,392,008
74$110,652,159$7,591,989$2,345,057$87,257,826
75$121,814,642$7,839,959$2,299,579$95,919,281
76$134,111,790$8,096,173$2,248,670$105,457,338
77$147,659,218$8,360,910$2,192,025$115,961,216
78$162,584,326$8,634,462$2,129,326$127,529,225
79$179,027,507$8,917,131$2,060,238$140,269,701
80$197,143,469$9,209,227$1,984,413$154,302,022
81$217,102,697$9,511,072$1,901,484$169,757,736
82$239,093,059$9,823,003$1,811,071$186,781,806
83$263,321,584$10,145,363$1,712,775$205,533,971
84$290,016,411$10,478,511$1,606,179$226,190,259
85$319,428,946$10,822,818$1,490,846$248,944,645
86$351,836,230$11,178,669$1,366,322$274,010,884
87$387,543,563$11,546,460$1,232,131$301,624,524
88$426,887,374$11,926,605$1,087,775$332,045,135
89$470,238,407$12,319,529$932,736$365,558,754
90$518,005,213$12,725,675$766,471$402,480,584
91$570,638,012$13,145,500$588,415$443,157,973
92$628,632,939$13,579,479$397,977$487,973,691
93$692,536,728$14,028,104$194,539$537,349,540
94$762,951,876$14,491,882$0$591,750,337
95$840,542,326$14,971,343$0$651,690,471
96$926,039,736$15,467,032$0$717,752,308
97$1,020,250,389$15,979,515$0$790,539,238
98$1,124,062,797$16,509,381$0$870,736,790
99$1,238,456,098$17,057,236$0$959,100,402
100$1,364,509,290$17,623,711$0$1,056,462,556