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%12.5%
1 years$151,120$149,774$148,460$147,178$145,927$144,403
2 years$74,812$73,418$72,068$70,759$69,489$67,954
3 years$49,379$47,980$46,633$45,336$44,087$42,589
4 years$36,665$35,270$33,937$32,662$31,443$29,994
5 years$29,039$27,652$26,336$25,088$23,902$22,506
6 years$23,956$22,580$21,284$20,063$18,913$17,571
7 years$20,327$18,963$17,687$16,495$15,381$14,094
8 years$17,607$16,255$15,000$13,837$12,760$11,528
9 years$15,492$14,153$12,919$11,786$10,746$9,568
10 years$13,801$12,475$11,263$10,160$9,156$8,032
11 years$12,419$11,106$9,916$8,842$7,875$6,803
12 years$11,267$9,968$8,800$7,756$6,824$5,804
13 years$10,294$9,008$7,862$6,847$5,951$4,981
14 years$9,460$8,188$7,064$6,078$5,216$4,296
15 years$8,739$7,480$6,378$5,421$4,593$3,720
16 years$8,108$6,863$5,783$4,853$4,059$3,233
17 years$7,551$6,320$5,262$4,361$3,599$2,818
18 years$7,058$5,840$4,804$3,930$3,200$2,462
19 years$6,616$5,413$4,398$3,551$2,852$2,156
20 years$6,220$5,030$4,036$3,216$2,548$1,891
21 years$5,861$4,685$3,712$2,919$2,280$1,662
22 years$5,536$4,373$3,421$2,654$2,044$1,462
23 years$5,239$4,090$3,159$2,417$1,835$1,288
24 years$4,967$3,832$2,922$2,204$1,649$1,136
25 years$4,718$3,596$2,706$2,013$1,484$1,003
26 years$4,488$3,380$2,510$1,841$1,337$886
27 years$4,276$3,181$2,330$1,685$1,205$783
28 years$4,079$2,997$2,166$1,544$1,087$693
29 years$3,896$2,828$2,016$1,416$982$613
30 years$3,725$2,670$1,878$1,299$887$543
31 years$3,566$2,524$1,751$1,193$802$481
32 years$3,417$2,389$1,633$1,097$726$426
33 years$3,277$2,262$1,525$1,008$657$378
34 years$3,146$2,144$1,425$928$594$335
35 years$3,023$2,034$1,332$854$538$297
36 years$2,906$1,930$1,246$787$488$264
37 years$2,797$1,833$1,167$725$442$234
38 years$2,693$1,742$1,092$668$401$208
39 years$2,595$1,657$1,023$616$364$184
40 years$2,502$1,576$959$568$330$164
41 years$2,414$1,500$899$524$299$145
42 years$2,330$1,429$844$484$271$129
43 years$2,250$1,361$792$447$246$115
44 years$2,174$1,298$743$412$224$102
45 years$2,102$1,237$698$381$203$91
46 years$2,033$1,181$655$352$184$80
47 years$1,967$1,127$616$325$167$71
48 years$1,904$1,075$579$300$152$63
49 years$1,844$1,027$544$278$138$56
50 years$1,787$981$511$257$125$50

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 $5,208 every year, while hoping to spend $30,037 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: 68/17/15 Blend
29$1,830,000$1,830,000$1,830,000$1,830,000
30$2,022,032$1,925,042$1,896,677$2,152,111
31$2,196,320$1,987,410$1,928,257$2,301,821
32$2,387,379$2,051,827$1,959,887$2,461,467
33$2,596,887$2,118,362$1,991,539$2,635,322
34$2,826,694$2,187,087$2,023,180$2,824,780
35$3,078,837$2,258,074$2,054,777$3,031,374
36$3,355,558$2,331,399$2,086,292$3,256,794
37$3,659,330$2,407,142$2,117,687$3,502,900
38$3,992,873$2,485,384$2,148,921$3,771,739
39$4,359,188$2,566,209$2,179,951$4,065,568
40$4,761,575$2,649,704$2,210,730$4,386,869
41$5,203,676$2,735,960$2,241,210$4,738,379
42$5,689,498$2,825,069$2,271,338$5,123,109
43$6,223,458$2,917,129$2,301,059$5,544,379
44$6,810,422$3,012,239$2,330,315$6,005,843
45$7,455,749$3,110,502$2,359,044$6,511,527
46$8,165,345$3,212,027$2,387,182$7,065,866
47$8,945,717$3,316,923$2,414,660$7,673,744
48$9,804,033$3,425,305$2,441,404$8,340,543
49$10,748,193$3,537,293$2,467,339$9,072,190
50$11,786,896$3,653,009$2,492,383$9,875,217
51$12,929,733$3,772,580$2,516,451$10,756,818
52$14,187,268$3,896,138$2,539,454$11,724,918
53$15,571,140$4,023,819$2,561,296$12,788,252
54$17,094,175$4,155,765$2,581,879$13,956,439
55$18,770,506$4,292,122$2,601,096$15,240,080
56$20,615,703$4,433,042$2,618,839$16,650,853
57$22,646,924$4,578,680$2,634,989$18,201,625
58$24,883,075$4,729,200$2,649,426$19,906,574
59$27,344,987$4,884,770$2,662,020$21,781,320
60$30,055,616$5,045,563$2,672,638$23,843,075
61$33,040,254$5,211,761$2,681,136$26,110,804
62$36,326,772$5,383,550$2,687,367$28,605,401
63$39,945,882$5,561,123$2,691,173$31,349,892
64$43,931,426$5,744,682$2,692,391$34,369,647
65$48,320,693$5,934,433$2,690,848$37,692,619
66$53,154,776$6,130,593$2,686,364$41,349,612
67$58,478,955$6,333,384$2,678,749$45,374,569
68$64,343,125$6,543,036$2,667,804$49,804,888
69$70,802,269$6,759,791$2,653,321$54,681,783
70$77,916,975$6,983,894$2,635,081$60,050,666
71$85,754,006$7,215,604$2,612,856$65,961,578
72$94,386,933$7,455,188$2,586,405$72,469,661
73$103,896,829$7,702,920$2,555,478$79,635,677
74$114,373,030$7,959,088$2,519,811$87,526,583
75$125,913,984$8,223,988$2,479,129$96,216,161
76$138,628,174$8,497,928$2,433,144$105,785,715
77$152,635,147$8,781,226$2,381,554$116,324,840
78$168,066,639$9,074,213$2,324,043$127,932,262
79$185,067,818$9,377,231$2,260,281$140,716,776
80$203,798,657$9,690,637$2,189,921$154,798,268
81$224,435,440$10,014,797$2,112,603$170,308,850
82$247,172,428$10,350,096$2,027,949$187,394,102
83$272,223,693$10,696,928$1,935,562$206,214,451
84$299,825,136$11,055,704$1,835,031$226,946,682
85$330,236,718$11,426,852$1,725,922$249,785,608
86$363,744,908$11,810,812$1,607,785$274,945,907
87$400,665,390$12,208,043$1,480,148$302,664,150
88$441,346,045$12,619,022$1,342,517$333,201,032
89$486,170,229$13,044,242$1,194,379$366,843,834
90$535,560,397$13,484,214$1,035,195$403,909,136
91$589,982,087$13,939,470$864,404$444,745,802
92$649,948,317$14,410,562$681,419$489,738,274
93$716,024,427$14,898,061$485,628$539,310,203
94$788,833,413$15,402,560$276,391$593,928,445
95$869,061,812$15,924,677$53,041$654,107,470
96$957,466,181$16,465,050$0$720,414,219
97$1,054,880,238$17,024,344$0$793,503,110
98$1,162,222,732$17,603,247$0$874,043,954
99$1,280,506,120$18,202,475$0$962,787,072
100$1,410,846,117$18,822,770$0$1,060,568,670