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

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$148,642$147,318$146,027$144,766$143,535$139,219
2 years$73,585$72,215$70,887$69,599$68,350$64,038
3 years$48,570$47,193$45,868$44,593$43,364$39,191
4 years$36,064$34,692$33,380$32,127$30,928$26,926
5 years$28,563$27,199$25,905$24,676$23,511$19,691
6 years$23,564$22,210$20,935$19,734$18,603$14,969
7 years$19,994$18,652$17,397$16,224$15,129$11,681
8 years$17,318$15,988$14,754$13,610$12,551$9,286
9 years$15,238$13,921$12,708$11,593$10,570$7,485
10 years$13,575$12,270$11,079$9,993$9,006$6,096
11 years$12,215$10,924$9,754$8,697$7,746$5,006
12 years$11,083$9,804$8,656$7,628$6,712$4,137
13 years$10,125$8,860$7,734$6,735$5,853$3,437
14 years$9,305$8,054$6,949$5,978$5,131$2,867
15 years$8,595$7,357$6,274$5,332$4,518$2,400
16 years$7,975$6,750$5,688$4,774$3,993$2,015
17 years$7,428$6,217$5,176$4,289$3,540$1,695
18 years$6,942$5,744$4,725$3,866$3,148$1,429
19 years$6,508$5,324$4,325$3,493$2,806$1,207
20 years$6,118$4,947$3,970$3,163$2,506$1,020
21 years$5,765$4,608$3,651$2,871$2,243$864
22 years$5,445$4,302$3,365$2,610$2,010$732
23 years$5,153$4,023$3,107$2,377$1,804$621
24 years$4,886$3,769$2,874$2,168$1,622$527
25 years$4,641$3,537$2,662$1,980$1,459$447
26 years$4,415$3,325$2,468$1,811$1,315$380
27 years$4,206$3,129$2,292$1,657$1,185$323
28 years$4,012$2,948$2,131$1,518$1,069$274
29 years$3,832$2,781$1,983$1,392$966$233
30 years$3,664$2,627$1,847$1,278$873$198
31 years$3,507$2,483$1,722$1,174$789$169
32 years$3,361$2,350$1,607$1,079$714$144
33 years$3,224$2,225$1,500$992$646$122
34 years$3,095$2,109$1,402$913$585$104
35 years$2,973$2,000$1,310$840$530$89
36 years$2,859$1,898$1,226$774$480$75
37 years$2,751$1,803$1,147$713$435$64
38 years$2,649$1,714$1,074$657$394$55
39 years$2,552$1,629$1,007$606$358$47
40 years$2,461$1,550$944$559$324$40
41 years$2,374$1,476$885$516$294$34
42 years$2,292$1,405$830$476$267$29
43 years$2,213$1,339$779$439$242$24
44 years$2,139$1,276$731$406$220$21
45 years$2,068$1,217$686$375$200$18
46 years$2,000$1,161$645$346$181$15
47 years$1,935$1,108$606$320$165$13
48 years$1,873$1,058$569$295$149$11
49 years$1,814$1,010$535$273$136$9
50 years$1,757$965$503$252$123$8

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 $2,765 every year, while hoping to spend $30,091 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: 52/39/9 Blend
29$1,800,000$1,800,000$1,800,000$1,800,000
30$1,986,452$1,891,052$1,863,152$2,085,052
31$2,157,054$1,951,697$1,893,551$2,213,072
32$2,344,048$2,014,305$1,923,960$2,348,745
33$2,549,075$2,078,941$1,954,347$2,495,582
34$2,773,943$2,145,670$1,984,679$2,654,641
35$3,020,640$2,214,563$2,014,921$2,827,089
36$3,291,358$2,285,689$2,045,034$3,014,207
37$3,588,511$2,359,123$2,074,977$3,217,404
38$3,914,760$2,434,941$2,104,710$3,438,232
39$4,273,033$2,513,220$2,134,185$3,678,398
40$4,666,557$2,594,043$2,163,355$3,939,779
41$5,098,888$2,677,493$2,192,169$4,224,442
42$5,573,941$2,763,656$2,220,573$4,534,662
43$6,096,030$2,852,623$2,248,510$4,872,943
44$6,669,910$2,944,486$2,275,920$5,242,040
45$7,300,816$3,039,342$2,302,738$5,644,989
46$7,994,518$3,137,288$2,328,898$6,085,129
47$8,757,371$3,238,427$2,354,329$6,566,138
48$9,596,379$3,342,866$2,378,955$7,092,065
49$10,519,257$3,450,714$2,402,697$7,667,369
50$11,534,506$3,562,084$2,425,472$8,296,961
51$12,651,492$3,677,092$2,447,192$8,986,247
52$13,880,536$3,795,861$2,467,765$9,741,182
53$15,233,008$3,918,516$2,487,092$10,568,325
54$16,721,436$4,045,185$2,505,071$11,474,898
55$18,359,626$4,176,002$2,521,595$12,468,857
56$20,162,789$4,311,107$2,536,549$13,558,964
57$22,147,684$4,450,642$2,549,814$14,754,872
58$24,332,780$4,594,756$2,561,265$16,067,212
59$26,738,425$4,743,600$2,570,769$17,507,697
60$29,387,043$4,897,335$2,578,188$19,089,226
61$32,303,341$5,056,124$2,583,377$20,826,012
62$35,514,544$5,220,137$2,586,182$22,733,712
63$39,050,652$5,389,548$2,586,444$24,829,574
64$42,944,722$5,564,539$2,583,994$27,132,599
65$47,233,181$5,745,299$2,578,655$29,663,723
66$51,956,168$5,932,021$2,570,242$32,446,008
67$57,157,913$6,124,906$2,558,561$35,504,865
68$62,887,156$6,324,162$2,543,409$38,868,290
69$69,197,605$6,530,005$2,524,571$42,567,129
70$76,148,442$6,742,656$2,501,826$46,635,365
71$83,804,883$6,962,347$2,474,938$51,110,443
72$92,238,795$7,189,316$2,443,662$56,033,621
73$101,529,369$7,423,810$2,407,742$61,450,354
74$111,763,872$7,666,083$2,366,908$67,410,730
75$123,038,467$7,916,401$2,320,879$73,969,938
76$135,459,122$8,175,037$2,269,361$81,188,786
77$149,142,613$8,442,274$2,212,044$89,134,277
78$164,217,620$8,718,405$2,148,608$97,880,242
79$180,825,944$9,003,734$2,078,714$107,508,032
80$199,123,849$9,298,576$2,002,009$118,107,288
81$219,283,530$9,603,255$1,918,125$129,776,783
82$241,494,744$9,918,108$1,826,676$142,625,357
83$265,966,597$10,243,485$1,727,259$156,772,944
84$292,929,520$10,579,745$1,619,452$172,351,698
85$322,637,442$10,927,264$1,502,815$189,507,242
86$355,370,190$11,286,428$1,376,887$208,400,045
87$391,436,125$11,657,639$1,241,189$229,206,929
88$431,175,057$12,041,311$1,095,217$252,122,745
89$474,961,454$12,437,875$938,447$277,362,202
90$523,207,968$12,847,778$770,331$305,161,900
91$576,369,341$13,271,479$590,297$335,782,561
92$634,946,690$13,709,458$397,749$369,511,484
93$699,492,241$14,162,210$192,061$406,665,262
94$770,614,539$14,630,247$0$447,592,766
95$848,984,195$15,114,103$0$492,681,074
96$935,340,216$15,614,326$0$542,371,044
97$1,030,496,979$16,131,490$0$597,111,117
98$1,135,351,922$16,666,184$0$657,415,803
99$1,250,894,013$17,219,022$0$723,852,070
100$1,378,213,088$17,790,639$0$797,044,699