Can I retire at age 30 with 1,790,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$147,817$146,500$145,215$143,961$142,737$139,005
2 years$73,176$71,814$70,493$69,212$67,970$64,235
3 years$48,300$46,931$45,614$44,345$43,123$39,502
4 years$35,864$34,499$33,195$31,948$30,756$27,277
5 years$28,404$27,048$25,761$24,539$23,380$20,053
6 years$23,433$22,087$20,818$19,624$18,500$15,328
7 years$19,883$18,548$17,300$16,134$15,045$12,029
8 years$17,222$15,899$14,672$13,534$12,482$9,619
9 years$15,153$13,843$12,637$11,528$10,511$7,800
10 years$13,500$12,202$11,017$9,938$8,956$6,393
11 years$12,147$10,863$9,699$8,649$7,703$5,283
12 years$11,021$9,750$8,608$7,586$6,675$4,396
13 years$10,069$8,811$7,691$6,697$5,821$3,676
14 years$9,254$8,009$6,910$5,945$5,102$3,088
15 years$8,548$7,316$6,239$5,302$4,492$2,603
16 years$7,930$6,713$5,656$4,747$3,970$2,201
17 years$7,386$6,182$5,147$4,265$3,520$1,866
18 years$6,903$5,713$4,699$3,844$3,130$1,585
19 years$6,472$5,294$4,301$3,473$2,790$1,348
20 years$6,084$4,920$3,948$3,146$2,492$1,149
21 years$5,733$4,583$3,631$2,855$2,230$980
22 years$5,415$4,278$3,347$2,596$1,999$837
23 years$5,125$4,001$3,090$2,364$1,794$715
24 years$4,859$3,748$2,858$2,156$1,613$612
25 years$4,615$3,518$2,647$1,969$1,451$523
26 years$4,390$3,306$2,455$1,801$1,307$448
27 years$4,182$3,111$2,279$1,648$1,179$384
28 years$3,990$2,932$2,119$1,510$1,064$329
29 years$3,810$2,766$1,972$1,385$960$282
30 years$3,644$2,612$1,837$1,271$868$242
31 years$3,488$2,469$1,712$1,167$785$208
32 years$3,342$2,336$1,598$1,073$710$178
33 years$3,206$2,213$1,492$986$642$153
34 years$3,077$2,097$1,394$908$581$131
35 years$2,957$1,989$1,303$835$527$113
36 years$2,843$1,888$1,219$769$477$97
37 years$2,736$1,793$1,141$709$432$83
38 years$2,634$1,704$1,069$653$392$71
39 years$2,538$1,620$1,001$602$356$61
40 years$2,447$1,542$938$556$323$53
41 years$2,361$1,468$880$513$293$45
42 years$2,279$1,398$825$473$265$39
43 years$2,201$1,332$774$437$241$33
44 years$2,127$1,269$727$403$219$29
45 years$2,056$1,210$683$372$199$25
46 years$1,989$1,155$641$344$180$21
47 years$1,924$1,102$602$318$164$18
48 years$1,863$1,052$566$294$149$16
49 years$1,804$1,005$532$271$135$13
50 years$1,748$960$500$251$123$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,790,000, adding $2,112 every year, while hoping to spend $41,754 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: 75/16/9 Blend
29$1,790,000$1,790,000$1,790,000$1,790,000
30$1,974,759$1,879,889$1,852,144$2,119,745
31$2,131,758$1,927,577$1,869,764$2,263,219
32$2,303,372$1,976,203$1,886,576$2,414,906
33$2,491,047$2,025,768$1,902,508$2,579,946
34$2,696,376$2,076,273$1,917,484$2,759,650
35$2,921,113$2,127,717$1,931,426$2,955,461
36$3,167,188$2,180,097$1,944,251$3,168,965
37$3,436,729$2,233,410$1,955,871$3,401,912
38$3,732,078$2,287,649$1,966,195$3,656,229
39$4,055,813$2,342,807$1,975,126$3,934,037
40$4,410,777$2,398,875$1,982,563$4,237,672
41$4,800,096$2,455,840$1,988,399$4,569,710
42$5,227,217$2,513,688$1,992,522$4,932,986
43$5,695,937$2,572,402$1,994,815$5,330,622
44$6,210,435$2,631,962$1,995,154$5,766,061
45$6,775,319$2,692,347$1,993,410$6,243,092
46$7,395,659$2,753,531$1,989,448$6,765,893
47$8,077,047$2,815,484$1,983,124$7,339,065
48$8,825,637$2,878,174$1,974,291$7,967,675
49$9,648,212$2,941,565$1,962,790$8,657,311
50$10,552,245$3,005,616$1,948,458$9,414,125
51$11,545,966$3,070,284$1,931,124$10,244,897
52$12,638,445$3,135,518$1,910,606$11,157,098
53$13,839,672$3,201,264$1,886,718$12,158,960
54$15,160,656$3,267,463$1,859,260$13,259,552
55$16,613,524$3,334,050$1,828,026$14,468,868
56$18,211,639$3,400,954$1,792,801$15,797,920
57$19,969,723$3,468,098$1,753,357$17,258,842
58$21,903,997$3,535,397$1,709,457$18,865,006
59$24,032,335$3,602,761$1,660,853$20,631,145
60$26,374,427$3,670,091$1,607,286$22,573,494
61$28,951,973$3,737,280$1,548,485$24,709,944
62$31,788,881$3,804,213$1,484,165$27,060,209
63$34,911,493$3,870,766$1,414,031$29,646,014
64$38,348,836$3,936,804$1,337,772$32,491,299
65$42,132,894$4,002,184$1,255,063$35,622,443
66$46,298,908$4,066,750$1,165,567$39,068,517
67$50,885,713$4,130,337$1,068,930$42,861,557
68$55,936,097$4,192,765$964,781$47,036,863
69$61,497,213$4,253,844$852,734$51,633,340
70$67,621,014$4,313,368$732,387$56,693,855
71$74,364,752$4,371,118$603,316$62,265,652
72$81,791,513$4,426,859$465,084$68,400,790
73$89,970,813$4,480,340$317,229$75,156,641
74$98,979,253$4,531,294$159,273$82,596,426
75$108,901,243$4,579,434$0$90,789,817
76$119,829,799$4,624,456$0$99,814,482
77$131,867,418$4,666,033$0$109,770,520
78$145,127,045$4,703,819$0$120,735,911
79$159,733,143$4,737,445$0$132,813,461
80$175,822,861$4,766,518$0$146,116,458
81$193,547,334$4,790,619$0$160,769,744
82$213,073,106$4,809,303$0$176,910,892
83$234,583,700$4,822,096$0$194,691,507
84$258,281,355$4,828,496$0$214,278,654
85$284,388,930$4,827,969$0$235,856,435
86$313,152,007$4,819,946$0$259,627,729
87$344,841,214$4,803,826$0$285,816,110
88$379,754,773$4,778,968$0$314,667,949
89$418,221,317$4,744,694$0$346,454,748
90$460,602,992$4,700,285$0$381,475,702
91$507,298,876$4,644,978$0$420,060,518
92$558,748,743$4,577,964$0$462,572,534
93$615,437,216$4,498,385$0$509,412,148
94$677,898,341$4,405,334$0$561,020,596
95$746,720,625$4,297,850$0$617,884,118
96$822,552,598$4,174,913$0$680,538,552
97$906,108,925$4,035,446$0$749,574,389
98$998,177,161$3,878,308$0$825,642,350
99$1,099,625,178$3,702,292$0$909,459,530
100$1,211,409,362$3,506,121$0$1,001,816,168