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

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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$147,817$146,500$145,215$143,961$142,737$138,390
2 years$73,176$71,814$70,493$69,212$67,970$63,627
3 years$48,300$46,931$45,614$44,345$43,123$38,921
4 years$35,864$34,499$33,195$31,948$30,756$26,727
5 years$28,404$27,048$25,761$24,539$23,380$19,536
6 years$23,433$22,087$20,818$19,624$18,500$14,843
7 years$19,883$18,548$17,300$16,134$15,045$11,576
8 years$17,222$15,899$14,672$13,534$12,482$9,197
9 years$15,153$13,843$12,637$11,528$10,511$7,408
10 years$13,500$12,202$11,017$9,938$8,956$6,030
11 years$12,147$10,863$9,699$8,649$7,703$4,948
12 years$11,021$9,750$8,608$7,586$6,675$4,087
13 years$10,069$8,811$7,691$6,697$5,821$3,393
14 years$9,254$8,009$6,910$5,945$5,102$2,829
15 years$8,548$7,316$6,239$5,302$4,492$2,366
16 years$7,930$6,713$5,656$4,747$3,970$1,985
17 years$7,386$6,182$5,147$4,265$3,520$1,669
18 years$6,903$5,713$4,699$3,844$3,130$1,406
19 years$6,472$5,294$4,301$3,473$2,790$1,186
20 years$6,084$4,920$3,948$3,146$2,492$1,002
21 years$5,733$4,583$3,631$2,855$2,230$848
22 years$5,415$4,278$3,347$2,596$1,999$718
23 years$5,125$4,001$3,090$2,364$1,794$608
24 years$4,859$3,748$2,858$2,156$1,613$516
25 years$4,615$3,518$2,647$1,969$1,451$437
26 years$4,390$3,306$2,455$1,801$1,307$371
27 years$4,182$3,111$2,279$1,648$1,179$315
28 years$3,990$2,932$2,119$1,510$1,064$268
29 years$3,810$2,766$1,972$1,385$960$228
30 years$3,644$2,612$1,837$1,271$868$193
31 years$3,488$2,469$1,712$1,167$785$164
32 years$3,342$2,336$1,598$1,073$710$140
33 years$3,206$2,213$1,492$986$642$119
34 years$3,077$2,097$1,394$908$581$101
35 years$2,957$1,989$1,303$835$527$86
36 years$2,843$1,888$1,219$769$477$73
37 years$2,736$1,793$1,141$709$432$62
38 years$2,634$1,704$1,069$653$392$53
39 years$2,538$1,620$1,001$602$356$45
40 years$2,447$1,542$938$556$323$38
41 years$2,361$1,468$880$513$293$33
42 years$2,279$1,398$825$473$265$28
43 years$2,201$1,332$774$437$241$24
44 years$2,127$1,269$727$403$219$20
45 years$2,056$1,210$683$372$199$17
46 years$1,989$1,155$641$344$180$15
47 years$1,924$1,102$602$318$164$12
48 years$1,863$1,052$566$294$149$11
49 years$1,804$1,005$532$271$135$9
50 years$1,748$960$500$251$123$8

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 $5,884 every year, while hoping to spend $36,260 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: 64/29/7 Blend
29$1,790,000$1,790,000$1,790,000$1,790,000
30$1,978,649$1,883,779$1,856,034$2,102,344
31$2,141,891$1,937,504$1,879,631$2,239,180
32$2,320,568$1,992,646$1,902,803$2,383,748
33$2,516,217$2,049,237$1,925,498$2,540,695
34$2,730,529$2,107,307$1,947,660$2,711,220
35$2,965,367$2,166,889$1,969,230$2,896,642
36$3,222,783$2,228,015$1,990,148$3,098,413
37$3,505,036$2,290,717$2,010,347$3,318,132
38$3,814,614$2,355,027$2,029,759$3,557,560
39$4,154,260$2,420,978$2,048,311$3,818,634
40$4,526,993$2,488,604$2,065,927$4,103,489
41$4,936,137$2,557,937$2,082,527$4,414,474
42$5,385,357$2,629,010$2,098,025$4,754,178
43$5,878,688$2,701,856$2,112,334$5,125,450
44$6,420,576$2,776,508$2,125,358$5,531,429
45$7,015,917$2,853,000$2,137,000$5,975,572
46$7,670,107$2,931,363$2,147,156$6,461,687
47$8,389,090$3,011,632$2,155,718$6,993,967
48$9,179,412$3,093,837$2,162,569$7,577,032
49$10,048,288$3,178,011$2,167,592$8,215,972
50$11,003,666$3,264,186$2,170,659$8,916,392
51$12,054,302$3,352,393$2,171,637$9,684,467
52$13,209,843$3,442,662$2,170,389$10,527,003
53$14,480,918$3,535,024$2,166,768$11,451,492
54$15,879,238$3,629,507$2,160,622$12,466,194
55$17,417,707$3,726,139$2,151,789$13,580,206
56$19,110,541$3,824,948$2,140,102$14,803,551
57$20,973,406$3,925,960$2,125,385$16,147,273
58$23,023,561$4,029,200$2,107,453$17,623,538
59$25,280,024$4,134,691$2,086,113$19,245,753
60$27,763,750$4,242,454$2,061,162$21,028,691
61$30,497,829$4,352,511$2,032,387$22,988,625
62$33,507,703$4,464,879$1,999,567$25,143,490
63$36,821,405$4,579,575$1,962,469$27,513,046
64$40,469,827$4,696,612$1,920,850$30,119,065
65$44,487,005$4,816,002$1,874,454$32,985,541
66$48,910,447$4,937,753$1,823,016$36,138,908
67$53,781,482$5,061,873$1,766,256$39,608,298
68$59,145,651$5,188,362$1,703,884$43,425,810
69$65,053,136$5,317,221$1,635,593$47,626,814
70$71,559,236$5,448,444$1,561,065$52,250,287
71$78,724,884$5,582,024$1,479,967$57,339,178
72$86,617,227$5,717,948$1,391,950$62,940,815
73$95,310,254$5,856,197$1,296,650$69,107,350
74$104,885,499$5,996,750$1,193,687$75,896,254
75$115,432,807$6,139,579$1,082,664$83,370,855
76$127,051,184$6,284,649$963,164$91,600,940
77$139,849,729$6,431,921$834,754$100,663,411
78$153,948,664$6,581,347$696,981$110,643,012
79$169,480,470$6,732,875$549,371$121,633,129
80$186,591,135$6,886,443$391,432$133,736,670
81$205,441,533$7,041,981$222,647$147,067,038
82$226,208,941$7,199,410$42,478$161,749,202
83$249,088,715$7,358,643$0$177,920,875
84$274,296,130$7,519,582$0$195,745,001
85$302,068,412$7,682,119$0$215,381,741
86$332,666,981$7,846,133$0$237,012,256
87$366,379,912$8,011,493$0$260,839,680
88$403,524,661$8,178,054$0$287,087,864
89$444,451,055$8,345,658$0$316,003,485
90$489,544,598$8,514,130$0$347,858,380
91$539,230,108$8,683,284$0$382,952,106
92$593,975,727$8,852,912$0$421,614,773
93$654,297,339$9,022,793$0$464,210,156
94$720,763,443$9,192,685$0$511,139,131
95$794,000,514$9,362,327$0$562,843,461
96$874,698,921$9,531,435$0$619,809,962
97$963,619,442$9,699,707$0$682,575,103
98$1,061,600,445$9,866,812$0$751,730,070
99$1,169,565,803$10,032,398$0$827,926,342
100$1,288,533,613$10,196,084$0$911,881,849