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%19.8%
1 years$147,817$146,500$145,215$143,961$142,737$137,128
2 years$73,176$71,814$70,493$69,212$67,970$62,388
3 years$48,300$46,931$45,614$44,345$43,123$37,743
4 years$35,864$34,499$33,195$31,948$30,756$25,619
5 years$28,404$27,048$25,761$24,539$23,380$18,500
6 years$23,433$22,087$20,818$19,624$18,500$13,879
7 years$19,883$18,548$17,300$16,134$15,045$10,683
8 years$17,222$15,899$14,672$13,534$12,482$8,373
9 years$15,153$13,843$12,637$11,528$10,511$6,650
10 years$13,500$12,202$11,017$9,938$8,956$5,335
11 years$12,147$10,863$9,699$8,649$7,703$4,313
12 years$11,021$9,750$8,608$7,586$6,675$3,508
13 years$10,069$8,811$7,691$6,697$5,821$2,867
14 years$9,254$8,009$6,910$5,945$5,102$2,352
15 years$8,548$7,316$6,239$5,302$4,492$1,936
16 years$7,930$6,713$5,656$4,747$3,970$1,597
17 years$7,386$6,182$5,147$4,265$3,520$1,320
18 years$6,903$5,713$4,699$3,844$3,130$1,093
19 years$6,472$5,294$4,301$3,473$2,790$907
20 years$6,084$4,920$3,948$3,146$2,492$753
21 years$5,733$4,583$3,631$2,855$2,230$625
22 years$5,415$4,278$3,347$2,596$1,999$520
23 years$5,125$4,001$3,090$2,364$1,794$433
24 years$4,859$3,748$2,858$2,156$1,613$360
25 years$4,615$3,518$2,647$1,969$1,451$300
26 years$4,390$3,306$2,455$1,801$1,307$250
27 years$4,182$3,111$2,279$1,648$1,179$208
28 years$3,990$2,932$2,119$1,510$1,064$174
29 years$3,810$2,766$1,972$1,385$960$145
30 years$3,644$2,612$1,837$1,271$868$121
31 years$3,488$2,469$1,712$1,167$785$101
32 years$3,342$2,336$1,598$1,073$710$84
33 years$3,206$2,213$1,492$986$642$70
34 years$3,077$2,097$1,394$908$581$59
35 years$2,957$1,989$1,303$835$527$49
36 years$2,843$1,888$1,219$769$477$41
37 years$2,736$1,793$1,141$709$432$34
38 years$2,634$1,704$1,069$653$392$28
39 years$2,538$1,620$1,001$602$356$24
40 years$2,447$1,542$938$556$323$20
41 years$2,361$1,468$880$513$293$16
42 years$2,279$1,398$825$473$265$14
43 years$2,201$1,332$774$437$241$11
44 years$2,127$1,269$727$403$219$10
45 years$2,056$1,210$683$372$199$8
46 years$1,989$1,155$641$344$180$7
47 years$1,924$1,102$602$318$164$6
48 years$1,863$1,052$566$294$149$5
49 years$1,804$1,005$532$271$135$4
50 years$1,748$960$500$251$123$3

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 $3,180 every year, while hoping to spend $51,330 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: 69/21/10 Blend
29$1,790,000$1,790,000$1,790,000$1,790,000
30$1,975,860$1,880,990$1,853,245$2,108,025
31$2,122,783$1,918,544$1,860,714$2,233,651
32$2,282,972$1,956,218$1,866,713$2,364,519
33$2,457,725$1,993,963$1,871,138$2,506,320
34$2,648,473$2,031,727$1,873,881$2,660,117
35$2,856,789$2,069,453$1,874,828$2,827,084
36$3,084,406$2,107,080$1,873,859$3,008,511
37$3,333,231$2,144,543$1,870,849$3,205,823
38$3,605,363$2,181,768$1,865,665$3,420,586
39$3,903,116$2,218,680$1,858,170$3,654,527
40$4,229,035$2,255,197$1,848,220$3,909,550
41$4,585,923$2,291,228$1,835,662$4,187,751
42$4,976,867$2,326,678$1,820,337$4,491,441
43$5,405,269$2,361,446$1,802,079$4,823,164
44$5,874,871$2,395,422$1,780,713$5,185,726
45$6,389,797$2,428,487$1,756,057$5,582,218
46$6,954,591$2,460,518$1,727,919$6,016,047
47$7,574,254$2,491,378$1,696,099$6,490,966
48$8,254,297$2,520,924$1,660,388$7,011,112
49$9,000,790$2,549,004$1,620,565$7,581,045
50$9,820,418$2,575,453$1,576,402$8,205,789
51$10,720,548$2,600,097$1,527,658$8,890,881
52$11,709,291$2,622,750$1,474,082$9,642,424
53$12,795,587$2,643,212$1,415,412$10,467,143
54$13,989,281$2,661,274$1,351,373$11,372,450
55$15,301,221$2,676,710$1,281,677$12,366,516
56$16,743,358$2,689,281$1,206,025$13,458,343
57$18,328,857$2,698,732$1,124,104$14,657,854
58$20,072,224$2,704,793$1,035,585$15,975,985
59$21,989,439$2,707,177$940,126$17,424,791
60$24,098,111$2,705,578$837,369$19,017,555
61$26,417,638$2,699,671$726,941$20,768,919
62$28,969,396$2,689,113$608,451$22,695,019
63$31,776,932$2,673,538$481,493$24,813,639
64$34,866,197$2,652,559$345,640$27,144,382
65$38,265,779$2,625,764$200,449$29,708,850
66$42,007,179$2,592,718$45,455$32,530,853
67$46,125,109$2,552,958$0$35,636,633
68$50,657,814$2,505,997$0$39,067,909
69$55,647,435$2,451,314$0$42,849,766
70$61,140,406$2,388,362$0$47,012,536
71$67,187,894$2,316,558$0$51,594,995
72$73,846,278$2,235,288$0$56,639,879
73$81,177,680$2,143,899$0$62,194,281
74$89,250,558$2,041,704$0$68,310,100
75$98,140,340$1,927,973$0$75,044,533
76$107,930,146$1,801,935$0$82,460,611
77$118,711,567$1,662,776$0$90,627,797
78$130,585,527$1,509,632$0$99,622,645
79$143,663,241$1,341,595$0$109,529,517
80$158,067,259$1,157,700$0$120,441,387
81$173,932,623$956,931$0$132,460,713
82$191,408,143$738,212$0$145,700,410
83$210,657,799$500,411$0$160,284,917
84$231,862,290$242,326$0$176,351,367
85$255,220,737$0$0$194,050,891
86$280,952,563$0$0$213,558,659
87$309,299,564$0$0$235,110,882
88$340,528,189$0$0$258,854,162
89$374,932,055$0$0$285,011,760
90$412,834,721$0$0$313,829,698
91$454,592,736$0$0$345,579,088
92$500,599,008$0$0$380,558,687
93$551,286,511$0$0$419,097,716
94$607,132,371$0$0$461,558,971
95$668,662,370$0$0$508,342,243
96$736,455,907$0$0$559,888,092
97$811,151,469$0$0$616,682,009
98$893,452,656$0$0$679,258,993
99$984,134,822$0$0$748,208,606
100$1,084,052,393$0$0$824,180,532