Can I retire at age 30 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$152,771$151,410$150,083$148,787$147,522$142,628
2 years$75,629$74,221$72,856$71,532$70,248$65,366
3 years$49,919$48,504$47,142$45,831$44,568$39,850
4 years$37,066$35,656$34,308$33,019$31,787$27,268
5 years$29,356$27,954$26,624$25,362$24,164$19,858
6 years$24,218$22,827$21,516$20,282$19,120$15,030
7 years$20,550$19,170$17,880$16,675$15,550$11,675
8 years$17,799$16,432$15,164$13,988$12,900$9,237
9 years$15,661$14,307$13,061$11,915$10,864$7,409
10 years$13,952$12,611$11,386$10,271$9,256$6,004
11 years$12,554$11,227$10,024$8,939$7,961$4,905
12 years$11,391$10,077$8,896$7,840$6,899$4,033
13 years$10,407$9,106$7,948$6,922$6,016$3,332
14 years$9,564$8,277$7,142$6,144$5,273$2,764
15 years$8,834$7,562$6,448$5,480$4,643$2,301
16 years$8,196$6,938$5,846$4,907$4,104$1,920
17 years$7,634$6,389$5,320$4,408$3,638$1,606
18 years$7,135$5,904$4,856$3,973$3,235$1,346
19 years$6,689$5,472$4,446$3,590$2,884$1,130
20 years$6,288$5,085$4,080$3,251$2,576$950
21 years$5,925$4,736$3,753$2,951$2,305$799
22 years$5,596$4,421$3,459$2,683$2,066$673
23 years$5,296$4,135$3,194$2,443$1,855$567
24 years$5,022$3,874$2,953$2,229$1,667$478
25 years$4,770$3,636$2,736$2,035$1,500$403
26 years$4,537$3,417$2,537$1,861$1,351$340
27 years$4,322$3,216$2,356$1,703$1,218$287
28 years$4,123$3,030$2,190$1,561$1,099$243
29 years$3,938$2,859$2,038$1,431$993$205
30 years$3,766$2,700$1,898$1,313$897$173
31 years$3,605$2,552$1,770$1,206$811$146
32 years$3,454$2,415$1,651$1,109$733$124
33 years$3,313$2,287$1,542$1,019$664$105
34 years$3,180$2,167$1,441$938$601$88
35 years$3,056$2,056$1,347$863$544$75
36 years$2,938$1,951$1,260$795$493$63
37 years$2,827$1,853$1,179$733$447$53
38 years$2,722$1,761$1,104$675$405$45
39 years$2,623$1,675$1,035$623$367$38
40 years$2,529$1,593$970$574$333$32
41 years$2,440$1,517$909$530$302$27
42 years$2,355$1,444$853$489$274$23
43 years$2,275$1,376$800$451$249$20
44 years$2,198$1,312$751$417$226$17
45 years$2,125$1,251$705$385$205$14
46 years$2,055$1,193$663$356$186$12
47 years$1,989$1,139$622$329$169$10
48 years$1,925$1,087$585$304$154$8
49 years$1,864$1,038$550$281$140$7
50 years$1,806$992$517$259$127$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,850,000, adding $3,495 every year, while hoping to spend $27,605 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: 64/13/23 Blend
29$1,850,000$1,850,000$1,850,000$1,850,000
30$2,042,305$1,944,255$1,915,580$2,160,592
31$2,221,249$2,010,152$1,950,381$2,306,673
32$2,417,519$2,078,353$1,985,422$2,462,802
33$2,632,855$2,148,941$2,020,682$2,632,757
34$2,869,171$2,222,004$2,056,140$2,817,896
35$3,128,576$2,297,631$2,091,769$3,019,712
36$3,413,392$2,375,917$2,127,545$3,239,851
37$3,726,179$2,456,958$2,163,439$3,480,123
38$4,069,757$2,540,856$2,199,421$3,742,524
39$4,447,229$2,627,715$2,235,459$4,029,250
40$4,862,018$2,717,645$2,271,519$4,342,722
41$5,317,892$2,810,758$2,307,563$4,685,604
42$5,819,004$2,907,172$2,343,554$5,060,831
43$6,369,928$3,007,009$2,379,448$5,471,637
44$6,975,704$3,110,395$2,415,203$5,921,583
45$7,641,885$3,217,463$2,450,771$6,414,592
46$8,374,587$3,328,349$2,486,102$6,954,986
47$9,180,552$3,443,195$2,521,143$7,547,525
48$10,067,206$3,562,149$2,555,839$8,197,454
49$11,042,731$3,685,365$2,590,130$8,910,550
50$12,116,142$3,813,000$2,623,952$9,693,180
51$13,297,374$3,945,223$2,657,239$10,552,355
52$14,597,371$4,082,203$2,689,922$11,495,802
53$16,028,193$4,224,121$2,721,924$12,532,033
54$17,603,128$4,371,163$2,753,168$13,670,428
55$19,336,819$4,523,522$2,783,571$14,921,319
56$21,245,398$4,681,398$2,813,045$16,296,093
57$23,346,644$4,845,002$2,841,497$17,807,292
58$25,660,145$5,014,550$2,868,830$19,468,741
59$28,207,485$5,190,268$2,894,941$21,295,668
60$31,012,449$5,372,392$2,919,722$23,304,855
61$34,101,245$5,561,165$2,943,059$25,514,792
62$37,502,752$5,756,843$2,964,832$27,945,853
63$41,248,793$5,959,689$2,984,914$30,620,489
64$45,374,434$6,169,978$3,003,173$33,563,436
65$49,918,317$6,387,997$3,019,470$36,801,955
66$54,923,019$6,614,042$3,033,656$40,366,080
67$60,435,461$6,848,425$3,045,578$44,288,910
68$66,507,347$7,091,467$3,055,074$48,606,914
69$73,195,651$7,343,503$3,061,973$53,360,283
70$80,563,155$7,604,882$3,066,097$58,593,299
71$88,679,043$7,875,968$3,067,257$64,354,762
72$97,619,553$8,157,137$3,065,258$70,698,447
73$107,468,695$8,448,785$3,059,891$77,683,608
74$118,319,046$8,751,319$3,050,942$85,375,543
75$130,272,622$9,065,167$3,038,182$93,846,206
76$143,441,841$9,390,772$3,021,372$103,174,887
77$157,950,585$9,728,596$3,000,265$113,448,962
78$173,935,368$10,079,121$2,974,597$124,764,715
79$191,546,624$10,442,846$2,944,094$137,228,248
80$210,950,128$10,820,294$2,908,470$150,956,481
81$232,328,561$11,212,008$2,867,423$166,078,259
82$255,883,232$11,618,554$2,820,640$182,735,563
83$281,835,979$12,040,521$2,767,789$201,084,855
84$310,431,266$12,478,524$2,708,527$221,298,551
85$341,938,485$12,933,201$2,642,492$243,566,649
86$376,654,501$13,405,219$2,569,306$268,098,526
87$414,906,457$13,895,272$2,488,575$295,124,908
88$457,054,859$14,404,083$2,399,886$324,900,054
89$503,496,978$14,932,406$2,302,805$357,704,153
90$554,670,602$15,481,027$2,196,882$393,845,967
91$611,058,170$16,050,763$2,081,643$433,665,750
92$673,191,321$16,642,468$1,956,596$477,538,458
93$741,655,918$17,257,031$1,821,224$525,877,285
94$817,097,574$17,895,379$1,674,988$579,137,569
95$900,227,752$18,558,477$1,517,325$637,821,088
96$991,830,474$19,247,334$1,347,647$702,480,796
97$1,092,769,727$19,962,998$1,165,338$773,726,043
98$1,203,997,619$20,706,565$969,757$852,228,329
99$1,326,563,366$21,479,177$760,233$938,727,642
100$1,461,623,196$22,282,022$536,067$1,034,039,442