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%20%
1 years$148,642$147,318$146,027$144,766$143,535$137,785
2 years$73,585$72,215$70,887$69,599$68,350$62,630
3 years$48,570$47,193$45,868$44,593$43,364$37,853
4 years$36,064$34,692$33,380$32,127$30,928$25,668
5 years$28,563$27,199$25,905$24,676$23,511$18,516
6 years$23,564$22,210$20,935$19,734$18,603$13,876
7 years$19,994$18,652$17,397$16,224$15,129$10,668
8 years$17,318$15,988$14,754$13,610$12,551$8,351
9 years$15,238$13,921$12,708$11,593$10,570$6,625
10 years$13,575$12,270$11,079$9,993$9,006$5,308
11 years$12,215$10,924$9,754$8,697$7,746$4,286
12 years$11,083$9,804$8,656$7,628$6,712$3,481
13 years$10,125$8,860$7,734$6,735$5,853$2,841
14 years$9,305$8,054$6,949$5,978$5,131$2,328
15 years$8,595$7,357$6,274$5,332$4,518$1,913
16 years$7,975$6,750$5,688$4,774$3,993$1,576
17 years$7,428$6,217$5,176$4,289$3,540$1,301
18 years$6,942$5,744$4,725$3,866$3,148$1,075
19 years$6,508$5,324$4,325$3,493$2,806$890
20 years$6,118$4,947$3,970$3,163$2,506$738
21 years$5,765$4,608$3,651$2,871$2,243$612
22 years$5,445$4,302$3,365$2,610$2,010$508
23 years$5,153$4,023$3,107$2,377$1,804$422
24 years$4,886$3,769$2,874$2,168$1,622$351
25 years$4,641$3,537$2,662$1,980$1,459$292
26 years$4,415$3,325$2,468$1,811$1,315$243
27 years$4,206$3,129$2,292$1,657$1,185$202
28 years$4,012$2,948$2,131$1,518$1,069$168
29 years$3,832$2,781$1,983$1,392$966$140
30 years$3,664$2,627$1,847$1,278$873$117
31 years$3,507$2,483$1,722$1,174$789$97
32 years$3,361$2,350$1,607$1,079$714$81
33 years$3,224$2,225$1,500$992$646$67
34 years$3,095$2,109$1,402$913$585$56
35 years$2,973$2,000$1,310$840$530$47
36 years$2,859$1,898$1,226$774$480$39
37 years$2,751$1,803$1,147$713$435$32
38 years$2,649$1,714$1,074$657$394$27
39 years$2,552$1,629$1,007$606$358$23
40 years$2,461$1,550$944$559$324$19
41 years$2,374$1,476$885$516$294$16
42 years$2,292$1,405$830$476$267$13
43 years$2,213$1,339$779$439$242$11
44 years$2,139$1,276$731$406$220$9
45 years$2,068$1,217$686$375$200$8
46 years$2,000$1,161$645$346$181$6
47 years$1,935$1,108$606$320$165$5
48 years$1,873$1,058$569$295$149$4
49 years$1,814$1,010$535$273$136$4
50 years$1,757$965$503$252$123$3

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 $4,555 every year, while hoping to spend $29,826 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: 43/49/8 Blend
29$1,800,000$1,800,000$1,800,000$1,800,000
30$1,988,298$1,892,898$1,864,998$2,069,010
31$2,159,370$1,953,916$1,895,741$2,186,550
32$2,346,892$2,016,923$1,926,514$2,310,411
33$2,552,509$2,081,987$1,957,287$2,443,905
34$2,778,036$2,149,176$1,988,027$2,587,925
35$3,025,470$2,218,559$2,018,700$2,743,451
36$3,297,010$2,290,211$2,049,269$2,911,560
37$3,595,080$2,364,206$2,079,694$3,093,436
38$3,922,349$2,440,623$2,109,935$3,290,380
39$4,281,757$2,519,542$2,139,946$3,503,823
40$4,676,544$2,601,047$2,169,682$3,735,341
41$5,110,278$2,685,225$2,199,093$3,986,662
42$5,586,889$2,772,164$2,228,125$4,259,694
43$6,110,709$2,861,957$2,256,724$4,556,529
44$6,686,507$2,954,699$2,284,831$4,879,474
45$7,319,542$3,050,490$2,312,383$5,231,064
46$8,015,602$3,149,431$2,339,316$5,614,092
47$8,781,069$3,251,629$2,365,558$6,031,629
48$9,622,972$3,357,193$2,391,038$6,487,056
49$10,549,055$3,466,235$2,415,678$6,984,096
50$11,567,852$3,578,874$2,439,396$7,526,844
51$12,688,764$3,695,229$2,462,107$8,119,813
52$13,922,150$3,815,428$2,483,720$8,767,966
53$15,279,424$3,939,599$2,504,139$9,476,773
54$16,773,163$4,067,876$2,523,265$10,252,253
55$18,417,222$4,200,399$2,540,992$11,101,034
56$20,226,872$4,337,312$2,557,208$12,030,418
57$22,218,935$4,478,762$2,571,797$13,048,444
58$24,411,950$4,624,905$2,584,635$14,163,964
59$26,826,343$4,775,899$2,595,594$15,386,730
60$29,484,621$4,931,910$2,604,538$16,727,480
61$32,411,587$5,093,108$2,611,325$18,198,044
62$35,634,568$5,259,670$2,615,804$19,811,450
63$39,183,679$5,431,779$2,617,818$21,582,048
64$43,092,103$5,609,624$2,617,204$23,525,648
65$47,396,404$5,793,402$2,613,786$25,659,661
66$52,136,874$5,983,316$2,607,385$28,003,271
67$57,357,913$6,179,576$2,597,810$30,577,609
68$63,108,444$6,382,399$2,584,861$33,405,954
69$69,442,380$6,592,012$2,568,328$36,513,951
70$76,419,130$6,808,647$2,547,994$39,929,854
71$84,104,156$7,032,546$2,523,627$43,684,789
72$92,569,600$7,263,960$2,494,988$47,813,049
73$101,894,953$7,503,149$2,461,825$52,352,416
74$112,167,815$7,750,380$2,423,872$57,344,515
75$123,484,716$8,005,932$2,380,856$62,835,209
76$135,952,027$8,270,093$2,332,485$68,875,027
77$149,686,969$8,543,162$2,278,458$75,519,645
78$164,818,711$8,825,448$2,218,457$82,830,403
79$181,489,596$9,117,272$2,152,152$90,874,890
80$199,856,482$9,418,966$2,079,197$99,727,577
81$220,092,221$9,730,873$1,999,228$109,470,518
82$242,387,293$10,053,351$1,911,867$120,194,127
83$266,951,600$10,386,768$1,816,718$131,998,026
84$294,016,452$10,731,509$1,713,367$144,991,985
85$323,836,747$11,087,969$1,601,381$159,296,960
86$356,693,375$11,456,560$1,480,308$175,046,228
87$392,895,877$11,837,708$1,349,675$192,386,646
88$432,785,356$12,231,856$1,208,989$211,480,039
89$476,737,706$12,639,461$1,057,734$232,504,721
90$525,167,156$13,060,998$895,372$255,657,176
91$578,530,179$13,496,960$721,340$281,153,918
92$637,329,803$13,947,857$535,051$309,233,524
93$702,120,360$14,414,219$335,892$340,158,894
94$773,512,716$14,896,595$123,223$374,219,720
95$852,180,038$15,395,553$0$411,735,229
96$938,864,152$15,911,685$0$453,066,042
97$1,034,382,540$16,445,603$0$498,602,734
98$1,139,636,063$16,997,941$0$548,761,981
99$1,255,617,459$17,569,358$0$604,014,543
100$1,383,420,722$18,160,538$0$664,879,170