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%17.5%
1 years$150,294$148,955$147,649$146,374$145,129$140,709
2 years$74,403$73,017$71,674$70,372$69,109$64,694
3 years$49,109$47,718$46,378$45,088$43,846$39,574
4 years$36,465$35,077$33,751$32,483$31,271$27,175
5 years$28,880$27,501$26,192$24,950$23,772$19,863
6 years$23,825$22,457$21,167$19,953$18,810$15,092
7 years$20,216$18,859$17,590$16,405$15,297$11,770
8 years$17,511$16,166$14,918$13,761$12,691$9,351
9 years$15,407$14,075$12,849$11,722$10,687$7,532
10 years$13,726$12,407$11,202$10,104$9,106$6,131
11 years$12,351$11,045$9,862$8,794$7,832$5,031
12 years$11,206$9,913$8,752$7,713$6,787$4,156
13 years$10,238$8,959$7,820$6,810$5,918$3,450
14 years$9,409$8,143$7,026$6,045$5,188$2,876
15 years$8,691$7,439$6,343$5,391$4,568$2,406
16 years$8,063$6,825$5,751$4,827$4,037$2,018
17 years$7,510$6,286$5,233$4,337$3,579$1,697
18 years$7,019$5,808$4,777$3,908$3,183$1,430
19 years$6,580$5,383$4,373$3,532$2,837$1,206
20 years$6,186$5,002$4,014$3,199$2,534$1,019
21 years$5,829$4,659$3,692$2,903$2,268$862
22 years$5,505$4,349$3,403$2,639$2,033$730
23 years$5,210$4,068$3,142$2,404$1,825$618
24 years$4,940$3,811$2,906$2,192$1,640$524
25 years$4,692$3,577$2,691$2,002$1,476$445
26 years$4,464$3,362$2,496$1,831$1,329$378
27 years$4,252$3,164$2,318$1,676$1,198$321
28 years$4,056$2,981$2,155$1,535$1,081$272
29 years$3,874$2,812$2,005$1,408$976$231
30 years$3,705$2,656$1,868$1,292$882$197
31 years$3,546$2,511$1,741$1,187$798$167
32 years$3,398$2,376$1,624$1,091$722$142
33 years$3,259$2,250$1,517$1,003$653$121
34 years$3,129$2,132$1,417$923$591$103
35 years$3,006$2,022$1,325$849$535$87
36 years$2,891$1,920$1,239$782$485$74
37 years$2,781$1,823$1,160$721$440$63
38 years$2,678$1,733$1,086$664$399$54
39 years$2,581$1,648$1,018$613$362$46
40 years$2,488$1,568$954$565$328$39
41 years$2,400$1,492$895$521$297$33
42 years$2,317$1,421$839$481$270$28
43 years$2,238$1,354$787$444$245$24
44 years$2,162$1,291$739$410$222$20
45 years$2,091$1,231$694$379$202$17
46 years$2,022$1,174$652$350$183$15
47 years$1,957$1,120$612$323$166$13
48 years$1,894$1,070$575$299$151$11
49 years$1,834$1,021$541$276$137$9
50 years$1,777$976$509$255$125$8

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 $4,007 every year, while hoping to spend $31,731 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: 50/23/27 Blend
29$1,820,000$1,820,000$1,820,000$1,820,000
30$2,009,773$1,913,313$1,885,103$2,094,744
31$2,181,009$1,973,304$1,914,493$2,214,472
32$2,368,646$2,035,171$1,943,803$2,341,042
33$2,574,326$2,098,972$1,972,999$2,477,990
34$2,799,854$2,164,768$2,002,040$2,626,315
35$3,047,218$2,232,621$2,030,888$2,787,117
36$3,318,610$2,302,595$2,059,498$2,961,605
37$3,616,442$2,374,756$2,087,825$3,151,114
38$3,943,371$2,449,171$2,115,819$3,357,109
39$4,302,326$2,525,911$2,143,430$3,581,208
40$4,696,531$2,605,049$2,170,603$3,825,188
41$5,129,540$2,686,659$2,197,281$4,091,010
42$5,605,265$2,770,817$2,223,402$4,380,832
43$6,128,018$2,857,603$2,248,902$4,697,030
44$6,702,549$2,947,099$2,273,713$5,042,223
45$7,334,091$3,039,388$2,297,764$5,419,294
46$8,028,408$3,134,558$2,320,979$5,831,419
47$8,791,852$3,232,698$2,343,278$6,282,098
48$9,631,420$3,333,900$2,364,577$6,775,185
49$10,554,823$3,438,259$2,384,789$7,314,927
50$11,570,554$3,545,873$2,403,818$7,906,002
51$12,687,972$3,656,842$2,421,568$8,553,563
52$13,917,390$3,771,272$2,437,935$9,263,288
53$15,270,169$3,889,269$2,452,811$10,041,435
54$16,758,827$4,010,944$2,466,081$10,894,895
55$18,397,157$4,136,411$2,477,625$11,831,263
56$20,200,359$4,265,787$2,487,317$12,858,906
57$22,185,178$4,399,193$2,495,025$13,987,043
58$24,370,067$4,536,754$2,500,609$15,225,834
59$26,775,357$4,678,598$2,503,923$16,586,472
60$29,423,453$4,824,859$2,504,813$18,081,290
61$32,339,040$4,975,672$2,503,119$19,723,879
62$35,549,321$5,131,178$2,498,672$21,529,214
63$39,084,268$5,291,523$2,491,295$23,513,797
64$42,976,911$5,456,856$2,480,801$25,695,809
65$47,263,645$5,627,330$2,466,996$28,095,288
66$51,984,572$5,803,105$2,449,676$30,734,313
67$57,183,885$5,984,343$2,428,627$33,637,213
68$62,910,280$6,171,215$2,403,625$36,830,798
69$69,217,417$6,363,893$2,374,434$40,344,611
70$76,164,426$6,562,556$2,340,810$44,211,208
71$83,816,465$6,767,389$2,302,495$48,466,465
72$92,245,335$6,978,581$2,259,219$53,149,913
73$101,530,157$7,196,329$2,210,700$58,305,117
74$111,758,118$7,420,835$2,156,644$63,980,085
75$123,025,295$7,652,305$2,096,741$70,227,719
76$135,437,563$7,890,955$2,030,669$77,106,317
77$149,111,587$8,137,005$1,958,090$84,680,122
78$164,175,933$8,390,682$1,878,649$93,019,930
79$180,772,273$8,652,220$1,791,979$102,203,756
80$199,056,728$8,921,862$1,697,693$112,317,573
81$219,201,335$9,199,855$1,595,388$123,456,122
82$241,395,679$9,486,455$1,484,641$135,723,807
83$265,848,674$9,781,927$1,365,012$149,235,683
84$292,790,539$10,086,542$1,236,040$164,118,537
85$322,474,972$10,400,580$1,097,245$180,512,090
86$355,181,540$10,724,330$948,124$198,570,313
87$391,218,323$11,058,088$788,152$218,462,885
88$430,924,819$11,402,161$616,782$240,376,788
89$474,675,147$11,756,863$433,440$264,518,082
90$522,881,582$12,122,520$237,531$291,113,841
91$575,998,445$12,499,465$28,430$320,414,302
92$634,526,391$12,888,043$0$352,695,229
93$699,017,135$13,288,609$0$388,316,609
94$770,078,659$13,701,528$0$427,569,623
95$848,380,955$14,127,176$0$470,815,325
96$934,662,345$14,565,940$0$518,460,624
97$1,029,736,453$15,018,219$0$570,953,920
98$1,134,499,883$15,484,424$0$628,789,341
99$1,249,940,689$15,964,978$0$692,511,403
100$1,377,147,694$16,460,317$0$762,720,153