Can I retire at age 30 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$148,642$147,318$146,027$144,766$143,535$138,003
2 years$73,585$72,215$70,887$69,599$68,350$62,843
3 years$48,570$47,193$45,868$44,593$43,364$38,055
4 years$36,064$34,692$33,380$32,127$30,928$25,857
5 years$28,563$27,199$25,905$24,676$23,511$18,691
6 years$23,564$22,210$20,935$19,734$18,603$14,038
7 years$19,994$18,652$17,397$16,224$15,129$10,818
8 years$17,318$15,988$14,754$13,610$12,551$8,489
9 years$15,238$13,921$12,708$11,593$10,570$6,750
10 years$13,575$12,270$11,079$9,993$9,006$5,422
11 years$12,215$10,924$9,754$8,697$7,746$4,389
12 years$11,083$9,804$8,656$7,628$6,712$3,575
13 years$10,125$8,860$7,734$6,735$5,853$2,926
14 years$9,305$8,054$6,949$5,978$5,131$2,404
15 years$8,595$7,357$6,274$5,332$4,518$1,981
16 years$7,975$6,750$5,688$4,774$3,993$1,637
17 years$7,428$6,217$5,176$4,289$3,540$1,355
18 years$6,942$5,744$4,725$3,866$3,148$1,124
19 years$6,508$5,324$4,325$3,493$2,806$933
20 years$6,118$4,947$3,970$3,163$2,506$776
21 years$5,765$4,608$3,651$2,871$2,243$646
22 years$5,445$4,302$3,365$2,610$2,010$538
23 years$5,153$4,023$3,107$2,377$1,804$448
24 years$4,886$3,769$2,874$2,168$1,622$374
25 years$4,641$3,537$2,662$1,980$1,459$312
26 years$4,415$3,325$2,468$1,811$1,315$260
27 years$4,206$3,129$2,292$1,657$1,185$217
28 years$4,012$2,948$2,131$1,518$1,069$181
29 years$3,832$2,781$1,983$1,392$966$151
30 years$3,664$2,627$1,847$1,278$873$127
31 years$3,507$2,483$1,722$1,174$789$106
32 years$3,361$2,350$1,607$1,079$714$88
33 years$3,224$2,225$1,500$992$646$74
34 years$3,095$2,109$1,402$913$585$62
35 years$2,973$2,000$1,310$840$530$52
36 years$2,859$1,898$1,226$774$480$43
37 years$2,751$1,803$1,147$713$435$36
38 years$2,649$1,714$1,074$657$394$30
39 years$2,552$1,629$1,007$606$358$25
40 years$2,461$1,550$944$559$324$21
41 years$2,374$1,476$885$516$294$18
42 years$2,292$1,405$830$476$267$15
43 years$2,213$1,339$779$439$242$12
44 years$2,139$1,276$731$406$220$10
45 years$2,068$1,217$686$375$200$9
46 years$2,000$1,161$645$346$181$7
47 years$1,935$1,108$606$320$165$6
48 years$1,873$1,058$569$295$149$5
49 years$1,814$1,010$535$273$136$4
50 years$1,757$965$503$252$123$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,800,000, adding $3,364 every year, while hoping to spend $23,335 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: 56/29/15 Blend
29$1,800,000$1,800,000$1,800,000$1,800,000
30$1,987,070$1,891,670$1,863,770$2,090,392
31$2,164,923$1,959,534$1,901,378$2,228,784
32$2,360,135$2,029,940$1,939,464$2,376,635
33$2,574,451$2,102,990$1,978,019$2,537,155
34$2,809,796$2,178,788$2,017,033$2,711,562
35$3,068,288$2,257,441$2,056,496$2,901,192
36$3,352,260$2,339,062$2,096,396$3,107,520
37$3,664,284$2,423,770$2,136,719$3,332,167
38$4,007,193$2,511,687$2,177,451$3,576,914
39$4,384,107$2,602,939$2,218,575$3,843,724
40$4,798,463$2,697,661$2,260,075$4,134,758
41$5,254,051$2,795,990$2,301,932$4,452,390
42$5,755,041$2,898,071$2,344,124$4,799,237
43$6,306,032$3,004,054$2,386,629$5,178,180
44$6,912,090$3,114,095$2,429,424$5,592,386
45$7,578,795$3,228,357$2,472,481$6,045,348
46$8,312,297$3,347,012$2,515,774$6,540,906
47$9,119,371$3,470,235$2,559,272$7,083,291
48$10,007,482$3,598,211$2,602,942$7,677,162
49$10,984,854$3,731,133$2,646,751$8,327,647
50$12,060,553$3,869,201$2,690,660$9,040,395
51$13,244,562$4,012,625$2,734,630$9,821,626
52$14,547,886$4,161,623$2,778,619$10,678,190
53$15,982,649$4,316,421$2,822,581$11,617,632
54$17,562,211$4,477,257$2,866,469$12,648,261
55$19,301,292$4,644,378$2,910,231$13,779,229
56$21,216,113$4,818,042$2,953,813$15,020,615
57$23,324,547$4,998,517$2,997,157$16,383,523
58$25,646,290$5,186,083$3,040,201$17,880,184
59$28,203,044$5,381,033$3,082,880$19,524,068
60$31,018,723$5,583,673$3,125,125$21,330,016
61$34,119,678$5,794,319$3,166,862$23,314,375
62$37,534,949$6,013,303$3,208,015$25,495,155
63$41,296,531$6,240,972$3,248,501$27,892,195
64$45,439,684$6,477,688$3,288,233$30,527,349
65$50,003,263$6,723,825$3,327,120$33,424,697
66$55,030,082$6,979,779$3,365,065$36,610,765
67$60,567,321$7,245,958$3,401,965$40,114,778
68$66,666,970$7,522,792$3,437,713$43,968,933
69$73,386,318$7,810,727$3,472,194$48,208,703
70$80,788,499$8,110,229$3,505,289$52,873,173
71$88,943,081$8,421,785$3,536,871$58,005,404
72$97,926,726$8,745,903$3,566,807$63,652,838
73$107,823,914$9,083,114$3,594,956$69,867,750
74$118,727,737$9,433,971$3,621,172$76,707,735
75$130,740,783$9,799,052$3,645,297$84,236,254
76$143,976,098$10,178,961$3,667,170$92,523,228
77$158,558,257$10,574,327$3,686,618$101,645,701
78$174,624,540$10,985,810$3,703,460$111,688,562
79$192,326,224$11,414,095$3,717,506$122,745,348
80$211,830,013$11,859,901$3,728,558$134,919,123
81$233,319,615$12,323,976$3,736,405$148,323,452
82$256,997,468$12,807,104$3,740,827$163,083,468
83$283,086,659$13,310,101$3,741,594$179,337,056
84$311,833,025$13,833,822$3,738,463$197,236,148
85$343,507,472$14,379,158$3,731,181$216,948,160
86$378,408,539$14,947,041$3,719,480$238,657,567
87$416,865,208$15,538,445$3,703,081$262,567,644
88$459,240,017$16,154,386$3,681,691$288,902,384
89$505,932,474$16,795,926$3,655,004$317,908,609
90$557,382,836$17,464,177$3,622,696$349,858,298
91$614,076,261$18,160,297$3,584,432$385,051,151
92$676,547,387$18,885,498$3,539,857$423,817,419
93$745,385,381$19,641,048$3,488,603$466,521,018
94$821,239,500$20,428,270$3,430,282$513,562,960
95$904,825,221$21,248,547$3,364,488$565,385,139
96$996,930,993$22,103,326$3,290,798$622,474,496
97$1,098,425,683$22,994,117$3,208,768$685,367,618
98$1,210,266,774$23,922,501$3,117,934$754,655,797
99$1,333,509,410$24,890,127$3,017,809$830,990,609
100$1,469,316,350$25,898,724$2,907,886$915,090,064