Can I retire at age 30 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$153,597$152,229$150,894$149,591$148,319$144,207
2 years$76,038$74,622$73,250$71,919$70,628$66,516
3 years$50,189$48,766$47,397$46,079$44,809$40,826
4 years$37,266$35,848$34,493$33,197$31,958$28,135
5 years$29,515$28,106$26,768$25,499$24,294$20,640
6 years$24,349$22,950$21,633$20,392$19,223$15,742
7 years$20,661$19,274$17,977$16,765$15,634$12,326
8 years$17,896$16,521$15,246$14,064$12,970$9,833
9 years$15,746$14,385$13,131$11,979$10,922$7,955
10 years$14,027$12,679$11,448$10,326$9,306$6,503
11 years$12,622$11,288$10,079$8,987$8,004$5,361
12 years$11,452$10,131$8,945$7,883$6,936$4,448
13 years$10,463$9,156$7,991$6,959$6,048$3,710
14 years$9,615$8,322$7,180$6,178$5,302$3,108
15 years$8,882$7,602$6,483$5,509$4,668$2,613
16 years$8,241$6,975$5,878$4,933$4,126$2,203
17 years$7,675$6,424$5,348$4,432$3,658$1,862
18 years$7,173$5,936$4,882$3,994$3,253$1,577
19 years$6,725$5,501$4,470$3,609$2,899$1,337
20 years$6,322$5,112$4,102$3,269$2,590$1,136
21 years$5,957$4,762$3,773$2,967$2,317$966
22 years$5,626$4,445$3,477$2,697$2,077$822
23 years$5,325$4,157$3,211$2,457$1,865$701
24 years$5,049$3,895$2,969$2,241$1,676$597
25 years$4,795$3,655$2,750$2,046$1,508$510
26 years$4,562$3,435$2,551$1,871$1,358$435
27 years$4,346$3,233$2,369$1,713$1,225$371
28 years$4,146$3,047$2,202$1,569$1,105$317
29 years$3,959$2,874$2,049$1,439$998$271
30 years$3,786$2,714$1,909$1,321$902$232
31 years$3,624$2,566$1,779$1,213$815$198
32 years$3,473$2,428$1,660$1,115$737$169
33 years$3,331$2,299$1,550$1,025$667$145
34 years$3,198$2,179$1,448$943$604$124
35 years$3,072$2,067$1,354$868$547$106
36 years$2,954$1,962$1,267$800$496$91
37 years$2,843$1,863$1,186$737$449$78
38 years$2,737$1,771$1,110$679$407$66
39 years$2,637$1,684$1,040$626$369$57
40 years$2,543$1,602$975$577$335$49
41 years$2,453$1,525$914$533$304$42
42 years$2,368$1,452$858$492$276$36
43 years$2,287$1,384$805$454$250$31
44 years$2,210$1,319$755$419$227$26
45 years$2,136$1,258$709$387$206$22
46 years$2,066$1,200$666$358$187$19
47 years$2,000$1,145$626$330$170$16
48 years$1,936$1,093$588$305$154$14
49 years$1,874$1,044$553$282$140$12
50 years$1,816$997$520$261$127$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,860,000, adding $6,009 every year, while hoping to spend $55,249 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: 57/15/28 Blend
29$1,860,000$1,860,000$1,860,000$1,860,000
30$2,055,918$1,957,338$1,928,508$2,156,999
31$2,206,837$1,994,463$1,934,329$2,264,189
32$2,371,299$2,031,556$1,938,493$2,374,674
33$2,550,625$2,068,556$1,940,886$2,493,973
34$2,746,272$2,105,399$1,941,389$2,622,957
35$2,959,843$2,142,014$1,939,877$2,762,586
36$3,193,102$2,178,328$1,936,218$2,913,917
37$3,447,991$2,214,259$1,930,274$3,078,119
38$3,726,649$2,249,720$1,921,900$3,256,478
39$4,031,428$2,284,618$1,910,945$3,450,416
40$4,364,922$2,318,852$1,897,250$3,661,498
41$4,729,985$2,352,316$1,880,649$3,891,453
42$5,129,759$2,384,895$1,860,966$4,142,187
43$5,567,705$2,416,466$1,838,019$4,415,801
44$6,047,635$2,446,897$1,811,617$4,714,613
45$6,573,747$2,476,048$1,781,559$5,041,181
46$7,150,664$2,503,769$1,747,636$5,398,325
47$7,783,477$2,529,900$1,709,628$5,789,154
48$8,477,796$2,554,269$1,667,305$6,217,099
49$9,239,799$2,576,696$1,620,426$6,685,941
50$10,076,289$2,596,985$1,568,742$7,199,852
51$10,994,764$2,614,930$1,511,988$7,763,433
52$12,003,480$2,630,312$1,449,889$8,381,756
53$13,111,533$2,642,895$1,382,159$9,060,415
54$14,328,944$2,652,432$1,308,496$9,805,578
55$15,666,753$2,658,657$1,228,587$10,624,047
56$17,137,119$2,661,289$1,142,102$11,523,322
57$18,753,443$2,660,030$1,048,700$12,511,674
58$20,530,484$2,654,561$948,021$13,598,220
59$22,484,505$2,644,546$839,692$14,793,015
60$24,633,423$2,629,628$723,321$16,107,144
61$26,996,980$2,609,427$598,499$17,552,830
62$29,596,924$2,583,541$464,801$19,143,547
63$32,457,219$2,551,544$321,781$20,894,154
64$35,604,269$2,512,983$168,974$22,821,029
65$39,067,165$2,467,380$5,895$24,942,231
66$42,877,961$2,414,226$0$27,277,668
67$47,071,976$2,352,986$0$29,899,521
68$51,688,124$2,283,089$0$32,786,897
69$56,769,286$2,203,934$0$35,964,872
70$62,362,710$2,114,883$0$39,463,021
71$68,520,455$2,015,261$0$43,313,941
72$75,299,889$1,904,356$0$47,553,550
73$82,764,220$1,781,412$0$52,221,433
74$90,983,101$1,645,632$0$57,361,215
75$100,033,282$1,496,172$0$63,020,970
76$109,999,332$1,332,141$0$69,253,680
77$120,974,444$1,152,595$0$76,117,732
78$133,061,305$956,540$0$83,677,469
79$146,373,071$742,923$0$92,003,803
80$161,034,432$510,634$0$101,174,879
81$177,182,788$258,499$0$111,276,818
82$194,969,546$0$0$122,404,528
83$214,561,547$0$0$134,665,032
84$236,142,644$0$0$148,217,528
85$259,915,431$0$0$163,146,603
86$286,103,158$0$0$179,592,487
87$314,951,839$0$0$197,709,706
88$346,732,570$0$0$217,668,544
89$381,744,088$0$0$239,656,645
90$420,315,591$0$0$263,880,788
91$462,809,847$0$0$290,568,838
92$509,626,611$0$0$319,971,894
93$561,206,406$0$0$352,366,660
94$618,034,673$0$0$388,058,057
95$680,646,358$0$0$427,382,102
96$749,630,956$0$0$470,709,076
97$825,638,083$0$0$518,447,023
98$909,383,596$0$0$571,045,597
99$1,001,656,360$0$0$629,000,311
100$1,103,325,689$0$0$692,857,209