Can I retire at age 30 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$151,120$149,774$148,460$147,178$145,927$142,111
2 years$74,812$73,418$72,068$70,759$69,489$65,670
3 years$49,379$47,980$46,633$45,336$44,087$40,385
4 years$36,665$35,270$33,937$32,662$31,443$27,887
5 years$29,039$27,652$26,336$25,088$23,902$20,501
6 years$23,956$22,580$21,284$20,063$18,913$15,671
7 years$20,327$18,963$17,687$16,495$15,381$12,298
8 years$17,607$16,255$15,000$13,837$12,760$9,834
9 years$15,492$14,153$12,919$11,786$10,746$7,974
10 years$13,801$12,475$11,263$10,160$9,156$6,536
11 years$12,419$11,106$9,916$8,842$7,875$5,402
12 years$11,267$9,968$8,800$7,756$6,824$4,494
13 years$10,294$9,008$7,862$6,847$5,951$3,758
14 years$9,460$8,188$7,064$6,078$5,216$3,157
15 years$8,739$7,480$6,378$5,421$4,593$2,662
16 years$8,108$6,863$5,783$4,853$4,059$2,250
17 years$7,551$6,320$5,262$4,361$3,599$1,907
18 years$7,058$5,840$4,804$3,930$3,200$1,620
19 years$6,616$5,413$4,398$3,551$2,852$1,378
20 years$6,220$5,030$4,036$3,216$2,548$1,174
21 years$5,861$4,685$3,712$2,919$2,280$1,002
22 years$5,536$4,373$3,421$2,654$2,044$855
23 years$5,239$4,090$3,159$2,417$1,835$731
24 years$4,967$3,832$2,922$2,204$1,649$625
25 years$4,718$3,596$2,706$2,013$1,484$535
26 years$4,488$3,380$2,510$1,841$1,337$458
27 years$4,276$3,181$2,330$1,685$1,205$393
28 years$4,079$2,997$2,166$1,544$1,087$337
29 years$3,896$2,828$2,016$1,416$982$289
30 years$3,725$2,670$1,878$1,299$887$247
31 years$3,566$2,524$1,751$1,193$802$212
32 years$3,417$2,389$1,633$1,097$726$182
33 years$3,277$2,262$1,525$1,008$657$156
34 years$3,146$2,144$1,425$928$594$134
35 years$3,023$2,034$1,332$854$538$115
36 years$2,906$1,930$1,246$787$488$99
37 years$2,797$1,833$1,167$725$442$85
38 years$2,693$1,742$1,092$668$401$73
39 years$2,595$1,657$1,023$616$364$63
40 years$2,502$1,576$959$568$330$54
41 years$2,414$1,500$899$524$299$46
42 years$2,330$1,429$844$484$271$40
43 years$2,250$1,361$792$447$246$34
44 years$2,174$1,298$743$412$224$29
45 years$2,102$1,237$698$381$203$25
46 years$2,033$1,181$655$352$184$22
47 years$1,967$1,127$616$325$167$19
48 years$1,904$1,075$579$300$152$16
49 years$1,844$1,027$544$278$138$14
50 years$1,787$981$511$257$125$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,830,000, adding $4,255 every year, while hoping to spend $46,250 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: 73/14/13 Blend
29$1,830,000$1,830,000$1,830,000$1,830,000
30$2,021,049$1,924,059$1,895,694$2,162,740
31$2,177,986$1,969,128$1,909,990$2,302,122
32$2,349,381$2,014,856$1,923,215$2,448,627
33$2,536,659$2,061,225$1,935,284$2,607,854
34$2,741,391$2,108,217$1,946,108$2,781,048
35$2,965,303$2,155,811$1,955,594$2,969,587
36$3,210,300$2,203,981$1,963,642$3,174,983
37$3,478,477$2,252,702$1,970,150$3,398,905
38$3,772,140$2,301,943$1,975,008$3,643,190
39$4,093,831$2,351,671$1,978,104$3,909,861
40$4,446,348$2,401,849$1,979,316$4,201,149
41$4,832,772$2,452,437$1,978,520$4,519,510
42$5,256,498$2,503,389$1,975,584$4,867,650
43$5,721,264$2,554,658$1,970,369$5,248,551
44$6,231,187$2,606,190$1,962,730$5,665,498
45$6,790,802$2,657,927$1,952,516$6,122,110
46$7,405,104$2,709,807$1,939,566$6,622,376
47$8,079,598$2,761,760$1,923,714$7,170,691
48$8,820,343$2,813,713$1,904,785$7,771,896
49$9,634,019$2,865,585$1,882,596$8,431,327
50$10,527,980$2,917,291$1,856,954$9,154,863
51$11,510,331$2,968,735$1,827,659$9,948,984
52$12,590,000$3,019,818$1,794,501$10,820,828
53$13,776,821$3,070,430$1,757,258$11,778,263
54$15,081,632$3,120,456$1,715,701$12,829,957
55$16,516,370$3,169,770$1,669,588$13,985,464
56$18,094,188$3,218,237$1,618,668$15,255,312
57$19,829,578$3,265,713$1,562,676$16,651,101
58$21,738,506$3,312,044$1,501,336$18,185,617
59$23,838,563$3,357,064$1,434,361$19,872,949
60$26,149,132$3,400,595$1,361,447$21,728,623
61$28,691,568$3,442,450$1,282,281$23,769,748
62$31,489,403$3,482,424$1,196,532$26,015,181
63$34,568,562$3,520,304$1,103,856$28,485,700
64$37,957,614$3,555,857$1,003,894$31,204,206
65$41,688,036$3,588,839$896,269$34,195,935
66$45,794,511$3,618,988$780,590$37,488,696
67$50,315,257$3,646,024$656,445$41,113,140
68$55,292,384$3,669,650$523,408$45,103,041
69$60,772,295$3,689,551$381,030$49,495,622
70$66,806,120$3,705,390$228,845$54,331,904
71$73,450,200$3,716,809$66,366$59,657,092
72$80,766,615$3,723,428$0$65,521,006
73$88,823,777$3,724,843$0$71,993,393
74$97,697,066$3,720,624$0$79,130,703
75$107,469,549$3,710,317$0$86,990,474
76$118,232,758$3,693,437$0$95,646,271
77$130,087,556$3,669,472$0$105,179,157
78$143,145,087$3,637,877$0$115,678,464
79$157,527,827$3,598,074$0$127,242,634
80$173,370,738$3,549,452$0$139,980,147
81$190,822,540$3,491,362$0$154,010,548
82$210,047,118$3,423,118$0$169,465,574
83$231,225,065$3,343,991$0$186,490,397
84$254,555,386$3,253,211$0$205,244,996
85$280,257,378$3,149,961$0$225,905,667
86$308,572,700$3,033,379$0$248,666,687
87$339,767,651$2,902,549$0$273,742,148
88$374,135,683$2,756,506$0$301,367,979
89$412,000,174$2,594,227$0$331,804,173
90$453,717,477$2,414,629$0$365,337,243
91$499,680,283$2,216,569$0$402,282,925
92$550,321,330$1,998,839$0$442,989,160
93$606,117,483$1,760,160$0$487,839,381
94$667,594,241$1,499,182$0$537,256,130
95$735,330,690$1,214,479$0$591,705,050
96$809,964,975$904,543$0$651,699,280
97$892,200,320$567,782$0$717,804,302
98$982,811,665$202,517$0$790,643,278
99$1,082,652,986$0$0$870,902,934
100$1,192,665,349$0$0$959,369,783