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%11.4%
1 years$151,120$149,774$148,460$147,178$145,927$145,068
2 years$74,812$73,418$72,068$70,759$69,489$68,622
3 years$49,379$47,980$46,633$45,336$44,087$43,239
4 years$36,665$35,270$33,937$32,662$31,443$30,621
5 years$29,039$27,652$26,336$25,088$23,902$23,109
6 years$23,956$22,580$21,284$20,063$18,913$18,149
7 years$20,327$18,963$17,687$16,495$15,381$14,647
8 years$17,607$16,255$15,000$13,837$12,760$12,055
9 years$15,492$14,153$12,919$11,786$10,746$10,070
10 years$13,801$12,475$11,263$10,160$9,156$8,510
11 years$12,419$11,106$9,916$8,842$7,875$7,257
12 years$11,267$9,968$8,800$7,756$6,824$6,234
13 years$10,294$9,008$7,862$6,847$5,951$5,388
14 years$9,460$8,188$7,064$6,078$5,216$4,681
15 years$8,739$7,480$6,378$5,421$4,593$4,084
16 years$8,108$6,863$5,783$4,853$4,059$3,575
17 years$7,551$6,320$5,262$4,361$3,599$3,140
18 years$7,058$5,840$4,804$3,930$3,200$2,765
19 years$6,616$5,413$4,398$3,551$2,852$2,440
20 years$6,220$5,030$4,036$3,216$2,548$2,158
21 years$5,861$4,685$3,712$2,919$2,280$1,912
22 years$5,536$4,373$3,421$2,654$2,044$1,696
23 years$5,239$4,090$3,159$2,417$1,835$1,507
24 years$4,967$3,832$2,922$2,204$1,649$1,340
25 years$4,718$3,596$2,706$2,013$1,484$1,193
26 years$4,488$3,380$2,510$1,841$1,337$1,063
27 years$4,276$3,181$2,330$1,685$1,205$948
28 years$4,079$2,997$2,166$1,544$1,087$846
29 years$3,896$2,828$2,016$1,416$982$755
30 years$3,725$2,670$1,878$1,299$887$675
31 years$3,566$2,524$1,751$1,193$802$603
32 years$3,417$2,389$1,633$1,097$726$540
33 years$3,277$2,262$1,525$1,008$657$483
34 years$3,146$2,144$1,425$928$594$432
35 years$3,023$2,034$1,332$854$538$387
36 years$2,906$1,930$1,246$787$488$346
37 years$2,797$1,833$1,167$725$442$310
38 years$2,693$1,742$1,092$668$401$278
39 years$2,595$1,657$1,023$616$364$249
40 years$2,502$1,576$959$568$330$223
41 years$2,414$1,500$899$524$299$200
42 years$2,330$1,429$844$484$271$179
43 years$2,250$1,361$792$447$246$161
44 years$2,174$1,298$743$412$224$144
45 years$2,102$1,237$698$381$203$129
46 years$2,033$1,181$655$352$184$116
47 years$1,967$1,127$616$325$167$104
48 years$1,904$1,075$579$300$152$93
49 years$1,844$1,027$544$278$138$84
50 years$1,787$981$511$257$125$75

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 $2,772 every year, while hoping to spend $23,520 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: 25/47/28 Blend
29$1,830,000$1,830,000$1,830,000$1,830,000
30$2,019,519$1,922,529$1,894,164$2,052,210
31$2,200,485$1,991,708$1,932,594$2,148,909
32$2,399,121$2,063,488$1,971,522$2,250,334
33$2,617,205$2,137,973$2,010,942$2,358,593
34$2,856,695$2,215,268$2,050,843$2,474,277
35$3,119,747$2,295,486$2,091,216$2,598,031
36$3,408,739$2,378,742$2,132,049$2,730,563
37$3,726,287$2,465,157$2,173,329$2,872,652
38$4,075,275$2,554,857$2,215,043$3,025,149
39$4,458,881$2,647,973$2,257,174$3,188,990
40$4,880,604$2,744,641$2,299,707$3,365,202
41$5,344,301$2,845,004$2,342,623$3,554,911
42$5,854,220$2,949,209$2,385,901$3,759,357
43$6,415,043$3,057,412$2,429,520$3,979,897
44$7,031,925$3,169,773$2,473,457$4,218,026
45$7,710,549$3,286,460$2,517,686$4,475,385
46$8,457,177$3,407,648$2,562,180$4,753,776
47$9,278,705$3,533,519$2,606,909$5,055,182
48$10,182,734$3,664,263$2,651,842$5,381,780
49$11,177,638$3,800,077$2,696,944$5,735,966
50$12,272,646$3,941,169$2,742,180$6,120,373
51$13,477,923$4,087,753$2,787,510$6,537,897
52$14,804,672$4,240,055$2,832,893$6,991,723
53$16,265,238$4,398,307$2,878,284$7,485,355
54$17,873,222$4,562,753$2,923,637$8,022,646
55$19,643,612$4,733,649$2,968,899$8,607,837
56$21,592,922$4,911,260$3,014,019$9,245,592
57$23,739,350$5,095,862$3,058,939$9,941,045
58$26,102,948$5,287,743$3,103,598$10,699,845
59$28,705,811$5,487,206$3,147,931$11,528,210
60$31,572,289$5,694,563$3,191,872$12,432,982
61$34,729,209$5,910,144$3,235,346$13,421,695
62$38,206,137$6,134,289$3,278,278$14,502,638
63$42,035,649$6,367,356$3,320,587$15,684,940
64$46,253,645$6,609,716$3,362,187$16,978,650
65$50,899,683$6,861,758$3,402,986$18,394,831
66$56,017,354$7,123,888$3,442,889$19,945,665
67$61,654,693$7,396,527$3,481,795$21,644,566
68$67,864,634$7,680,119$3,519,597$23,506,302
69$74,705,504$7,975,123$3,556,182$25,547,139
70$82,241,583$8,282,021$3,591,431$27,784,986
71$90,543,698$8,601,314$3,625,218$30,239,571
72$99,689,904$8,933,527$3,657,411$32,932,616
73$109,766,212$9,279,207$3,687,872$35,888,047
74$120,867,403$9,638,926$3,716,453$39,132,215
75$133,097,924$10,013,279$3,743,000$42,694,147
76$146,572,873$10,402,890$3,767,351$46,605,811
77$161,419,083$10,808,410$3,789,335$50,902,421
78$177,776,325$11,230,516$3,808,773$55,622,767
79$195,798,618$11,669,920$3,825,475$60,809,578
80$215,655,692$12,127,361$3,839,244$66,509,921
81$237,534,585$12,603,614$3,849,870$72,775,646
82$261,641,408$13,099,487$3,857,137$79,663,874
83$288,203,294$13,615,823$3,860,813$87,237,529
84$317,470,537$14,153,506$3,860,657$95,565,932
85$349,718,960$14,713,456$3,856,417$104,725,454
86$385,252,515$15,296,636$3,847,828$114,800,232
87$424,406,152$15,904,052$3,834,611$125,882,960
88$467,548,984$16,536,755$3,816,475$138,075,762
89$515,087,766$17,195,842$3,793,113$151,491,153
90$567,470,741$17,882,462$3,764,205$166,253,098
91$625,191,867$18,597,812$3,729,416$182,498,174
92$688,795,479$19,343,146$3,688,393$200,376,864
93$758,881,432$20,119,775$3,640,768$220,054,966
94$836,110,759$20,929,065$3,586,156$241,715,159
95$921,211,916$21,772,449$3,524,151$265,558,720
96$1,014,987,654$22,651,421$3,454,332$291,807,423
97$1,118,322,598$23,567,544$3,376,256$320,705,626
98$1,232,191,603$24,522,453$3,289,460$352,522,572
99$1,357,668,949$25,517,856$3,193,460$387,554,928
100$1,495,938,489$26,555,538$3,087,748$426,129,580