Can I retire at age 30 with 1,820,000?

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$150,294$148,955$147,649$146,374$145,129$140,992
2 years$74,403$73,017$71,674$70,372$69,109$64,973
3 years$49,109$47,718$46,378$45,088$43,846$39,841
4 years$36,465$35,077$33,751$32,483$31,271$27,428
5 years$28,880$27,501$26,192$24,950$23,772$20,100
6 years$23,825$22,457$21,167$19,953$18,810$15,314
7 years$20,216$18,859$17,590$16,405$15,297$11,977
8 years$17,511$16,166$14,918$13,761$12,691$9,544
9 years$15,407$14,075$12,849$11,722$10,687$7,711
10 years$13,726$12,407$11,202$10,104$9,106$6,296
11 years$12,351$11,045$9,862$8,794$7,832$5,184
12 years$11,206$9,913$8,752$7,713$6,787$4,295
13 years$10,238$8,959$7,820$6,810$5,918$3,578
14 years$9,409$8,143$7,026$6,045$5,188$2,993
15 years$8,691$7,439$6,343$5,391$4,568$2,513
16 years$8,063$6,825$5,751$4,827$4,037$2,115
17 years$7,510$6,286$5,233$4,337$3,579$1,785
18 years$7,019$5,808$4,777$3,908$3,183$1,509
19 years$6,580$5,383$4,373$3,532$2,837$1,278
20 years$6,186$5,002$4,014$3,199$2,534$1,084
21 years$5,829$4,659$3,692$2,903$2,268$921
22 years$5,505$4,349$3,403$2,639$2,033$783
23 years$5,210$4,068$3,142$2,404$1,825$666
24 years$4,940$3,811$2,906$2,192$1,640$567
25 years$4,692$3,577$2,691$2,002$1,476$483
26 years$4,464$3,362$2,496$1,831$1,329$411
27 years$4,252$3,164$2,318$1,676$1,198$351
28 years$4,056$2,981$2,155$1,535$1,081$299
29 years$3,874$2,812$2,005$1,408$976$255
30 years$3,705$2,656$1,868$1,292$882$218
31 years$3,546$2,511$1,741$1,187$798$186
32 years$3,398$2,376$1,624$1,091$722$159
33 years$3,259$2,250$1,517$1,003$653$136
34 years$3,129$2,132$1,417$923$591$116
35 years$3,006$2,022$1,325$849$535$99
36 years$2,891$1,920$1,239$782$485$84
37 years$2,781$1,823$1,160$721$440$72
38 years$2,678$1,733$1,086$664$399$62
39 years$2,581$1,648$1,018$613$362$53
40 years$2,488$1,568$954$565$328$45
41 years$2,400$1,492$895$521$297$38
42 years$2,317$1,421$839$481$270$33
43 years$2,238$1,354$787$444$245$28
44 years$2,162$1,291$739$410$222$24
45 years$2,091$1,231$694$379$202$20
46 years$2,022$1,174$652$350$183$18
47 years$1,957$1,120$612$323$166$15
48 years$1,894$1,070$575$299$151$13
49 years$1,834$1,021$541$276$137$11
50 years$1,777$976$509$255$125$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,820,000, adding $6,691 every year, while hoping to spend $59,074 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: 69/8/23 Blend
29$1,820,000$1,820,000$1,820,000$1,820,000
30$2,012,542$1,916,082$1,887,872$2,139,285
31$2,154,967$1,947,115$1,888,261$2,255,999
32$2,309,939$1,977,690$1,886,684$2,376,190
33$2,478,676$2,007,720$1,883,011$2,506,309
34$2,662,518$2,037,116$1,877,109$2,647,336
35$2,862,939$2,065,778$1,868,836$2,800,349
36$3,081,562$2,093,604$1,858,045$2,966,539
37$3,320,171$2,120,481$1,844,580$3,147,217
38$3,580,735$2,146,290$1,828,279$3,343,831
39$3,865,415$2,170,904$1,808,972$3,557,974
40$4,176,596$2,194,187$1,786,481$3,791,405
41$4,516,899$2,215,993$1,760,619$4,046,063
42$4,889,214$2,236,167$1,731,190$4,324,082
43$5,296,720$2,254,546$1,697,991$4,627,821
44$5,742,919$2,270,952$1,660,808$4,959,875
45$6,231,667$2,285,199$1,619,415$5,323,109
46$6,767,211$2,297,088$1,573,579$5,720,679
47$7,354,228$2,306,406$1,523,056$6,156,066
48$7,997,869$2,312,929$1,467,587$6,633,106
49$8,703,806$2,316,418$1,406,906$7,156,031
50$9,478,289$2,316,617$1,340,732$7,729,502
51$10,328,200$2,313,257$1,268,772$8,358,663
52$11,261,121$2,306,050$1,190,720$9,049,181
53$12,285,402$2,294,693$1,106,256$9,807,305
54$13,410,242$2,278,863$1,015,045$10,639,922
55$14,645,775$2,258,216$916,738$11,554,628
56$16,003,166$2,232,390$810,970$12,559,793
57$17,494,710$2,200,999$697,359$13,664,646
58$19,133,958$2,163,635$575,508$14,879,361
59$20,935,835$2,119,866$445,001$16,215,152
60$22,916,786$2,069,235$305,403$17,684,382
61$25,094,926$2,011,255$156,262$19,300,678
62$27,490,216$1,945,415$0$21,079,063
63$30,124,648$1,871,170$0$23,036,806
64$33,022,450$1,787,945$0$25,232,421
65$36,210,318$1,695,133$0$27,647,765
66$39,717,665$1,592,089$0$30,305,150
67$43,576,900$1,478,134$0$33,229,159
68$47,823,730$1,352,549$0$36,446,883
69$52,497,498$1,214,572$0$39,988,173
70$57,641,558$1,063,400$0$43,885,924
71$63,303,674$898,185$0$48,176,386
72$69,536,481$718,028$0$52,899,503
73$76,397,973$521,982$0$58,099,293
74$83,952,053$309,046$0$63,824,261
75$92,269,137$78,163$0$70,127,860
76$101,426,813$0$0$77,068,991
77$111,510,578$0$0$84,727,688
78$122,614,642$0$0$93,169,020
79$134,842,814$0$0$102,465,040
80$148,309,487$0$0$112,702,726
81$163,140,710$0$0$123,977,923
82$179,475,383$0$0$136,396,245
83$197,466,564$0$0$150,074,072
84$217,282,914$0$0$165,139,648
85$239,110,286$0$0$181,734,290
86$263,153,482$0$0$200,013,723
87$289,638,184$0$0$220,149,549
88$318,813,081$0$0$242,330,863
89$350,952,219$0$0$266,766,041
90$386,357,586$0$0$293,684,708
91$425,361,959$0$0$323,339,896
92$468,332,050$0$0$356,010,444
93$515,671,960$0$0$392,003,618
94$567,826,997$0$0$431,658,020
95$625,287,878$0$0$475,346,777
96$688,595,357$0$0$523,481,065
97$758,345,336$0$0$576,513,992
98$835,194,480$0$0$634,944,870
99$919,866,420$0$0$699,323,930
100$1,013,158,585$0$0$770,257,518