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%14.4%
1 years$147,817$146,500$145,215$143,961$142,737$140,142
2 years$73,176$71,814$70,493$69,212$67,970$65,365
3 years$48,300$46,931$45,614$44,345$43,123$40,589
4 years$35,864$34,499$33,195$31,948$30,756$28,312
5 years$28,404$27,048$25,761$24,539$23,380$21,034
6 years$23,433$22,087$20,818$19,624$18,500$16,254
7 years$19,883$18,548$17,300$16,134$15,045$12,900
8 years$17,222$15,899$14,672$13,534$12,482$10,436
9 years$15,153$13,843$12,637$11,528$10,511$8,565
10 years$13,500$12,202$11,017$9,938$8,956$7,107
11 years$12,147$10,863$9,699$8,649$7,703$5,949
12 years$11,021$9,750$8,608$7,586$6,675$5,014
13 years$10,069$8,811$7,691$6,697$5,821$4,250
14 years$9,254$8,009$6,910$5,945$5,102$3,619
15 years$8,548$7,316$6,239$5,302$4,492$3,094
16 years$7,930$6,713$5,656$4,747$3,970$2,653
17 years$7,386$6,182$5,147$4,265$3,520$2,281
18 years$6,903$5,713$4,699$3,844$3,130$1,966
19 years$6,472$5,294$4,301$3,473$2,790$1,698
20 years$6,084$4,920$3,948$3,146$2,492$1,469
21 years$5,733$4,583$3,631$2,855$2,230$1,272
22 years$5,415$4,278$3,347$2,596$1,999$1,103
23 years$5,125$4,001$3,090$2,364$1,794$958
24 years$4,859$3,748$2,858$2,156$1,613$832
25 years$4,615$3,518$2,647$1,969$1,451$724
26 years$4,390$3,306$2,455$1,801$1,307$630
27 years$4,182$3,111$2,279$1,648$1,179$548
28 years$3,990$2,932$2,119$1,510$1,064$478
29 years$3,810$2,766$1,972$1,385$960$416
30 years$3,644$2,612$1,837$1,271$868$363
31 years$3,488$2,469$1,712$1,167$785$317
32 years$3,342$2,336$1,598$1,073$710$276
33 years$3,206$2,213$1,492$986$642$241
34 years$3,077$2,097$1,394$908$581$210
35 years$2,957$1,989$1,303$835$527$184
36 years$2,843$1,888$1,219$769$477$160
37 years$2,736$1,793$1,141$709$432$140
38 years$2,634$1,704$1,069$653$392$122
39 years$2,538$1,620$1,001$602$356$107
40 years$2,447$1,542$938$556$323$93
41 years$2,361$1,468$880$513$293$82
42 years$2,279$1,398$825$473$265$71
43 years$2,201$1,332$774$437$241$62
44 years$2,127$1,269$727$403$219$54
45 years$2,056$1,210$683$372$199$48
46 years$1,989$1,155$641$344$180$42
47 years$1,924$1,102$602$318$164$36
48 years$1,863$1,052$566$294$149$32
49 years$1,804$1,005$532$271$135$28
50 years$1,748$960$500$251$123$24

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 $2,036 every year, while hoping to spend $35,915 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: 71/15/14 Blend
29$1,790,000$1,790,000$1,790,000$1,790,000
30$1,974,680$1,879,810$1,852,065$2,108,615
31$2,137,884$1,933,708$1,875,896$2,251,643
32$2,316,531$1,989,042$1,899,322$2,403,618
33$2,512,159$2,045,847$1,922,290$2,569,048
34$2,726,460$2,104,154$1,944,748$2,749,253
35$2,961,298$2,163,997$1,966,636$2,945,690
36$3,218,727$2,225,409$1,987,895$3,159,962
37$3,501,009$2,288,426$2,008,461$3,393,835
38$3,810,633$2,353,080$2,028,266$3,649,252
39$4,150,343$2,419,407$2,047,238$3,928,357
40$4,523,161$2,487,440$2,065,304$4,233,506
41$4,932,416$2,557,217$2,082,383$4,567,300
42$5,381,772$2,628,771$2,098,393$4,932,600
43$5,875,270$2,702,138$2,113,247$5,332,559
44$6,417,359$2,777,353$2,126,851$5,770,651
45$7,012,938$2,854,453$2,139,110$6,250,702
46$7,667,409$2,933,472$2,149,921$6,776,928
47$8,386,719$3,014,447$2,159,178$7,353,973
48$9,177,422$3,097,412$2,166,768$7,986,954
49$10,046,737$3,182,403$2,172,572$8,681,509
50$11,002,618$3,269,455$2,176,468$9,443,848
51$12,053,830$3,358,602$2,178,324$10,280,816
52$13,210,026$3,449,880$2,178,003$11,199,953
53$14,481,846$3,543,321$2,175,364$12,209,566
54$15,881,010$3,638,960$2,170,254$13,318,811
55$17,420,433$3,736,828$2,162,517$14,537,773
56$19,114,342$3,836,958$2,151,987$15,877,568
57$20,978,417$3,939,380$2,138,490$17,350,441
58$23,029,931$4,044,126$2,121,845$18,969,888
59$25,287,919$4,151,223$2,101,862$20,750,778
60$27,773,352$4,260,699$2,078,340$22,709,496
61$30,509,342$4,372,580$2,051,072$24,864,098
62$33,521,350$4,486,892$2,019,838$27,234,478
63$36,837,434$4,603,656$1,984,409$29,842,562
64$40,488,512$4,722,895$1,944,546$32,712,507
65$44,508,650$4,844,626$1,899,998$35,870,935
66$48,935,386$4,968,868$1,850,503$39,347,182
67$53,810,086$5,095,632$1,795,785$43,173,575
68$59,178,329$5,224,932$1,735,558$47,385,737
69$65,090,340$5,356,776$1,669,521$52,022,924
70$71,601,465$5,491,168$1,597,360$57,128,394
71$78,772,690$5,628,111$1,518,747$62,749,818
72$86,671,218$5,767,602$1,433,339$68,939,727
73$95,371,103$5,909,635$1,340,776$75,756,010
74$104,953,948$6,054,199$1,240,684$83,262,458
75$115,509,675$6,201,279$1,132,672$91,529,370
76$127,137,374$6,350,855$1,016,329$100,634,215
77$139,946,239$6,502,900$891,229$110,662,361
78$154,056,595$6,657,381$756,925$121,707,885
79$169,601,037$6,814,262$612,950$133,874,457
80$186,725,677$6,973,495$458,819$147,276,322
81$205,591,529$7,135,029$294,022$162,039,380
82$226,376,022$7,298,803$118,029$178,302,368
83$249,274,680$7,464,748$0$196,218,177
84$274,502,962$7,632,785$0$215,965,717
85$302,298,301$7,802,828$0$237,739,727
86$332,922,339$7,974,778$0$261,727,256
87$366,663,402$8,148,526$0$288,153,878
88$403,839,217$8,323,952$0$317,268,171
89$444,799,914$8,500,923$0$349,344,061
90$489,931,328$8,679,292$0$384,683,411
91$539,658,645$8,858,898$0$423,618,867
92$594,450,409$9,039,566$0$466,517,001
93$654,822,950$9,221,104$0$513,781,769
94$721,345,256$9,403,303$0$565,858,324
95$794,644,343$9,585,937$0$623,237,223
96$875,411,177$9,768,758$0$686,459,048
97$964,407,191$9,951,501$0$756,119,519
98$1,062,471,476$10,133,876$0$832,875,113
99$1,170,528,703$10,315,573$0$917,449,259
100$1,289,597,849$10,496,254$0$1,010,639,173