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%11.9%
1 years$153,597$152,229$150,894$149,591$148,319$147,138
2 years$76,038$74,622$73,250$71,919$70,628$69,437
3 years$50,189$48,766$47,397$46,079$44,809$43,646
4 years$37,266$35,848$34,493$33,197$31,958$30,831
5 years$29,515$28,106$26,768$25,499$24,294$23,207
6 years$24,349$22,950$21,633$20,392$19,223$18,177
7 years$20,661$19,274$17,977$16,765$15,634$14,629
8 years$17,896$16,521$15,246$14,064$12,970$12,006
9 years$15,746$14,385$13,131$11,979$10,922$10,000
10 years$14,027$12,679$11,448$10,326$9,306$8,425
11 years$12,622$11,288$10,079$8,987$8,004$7,163
12 years$11,452$10,131$8,945$7,883$6,936$6,134
13 years$10,463$9,156$7,991$6,959$6,048$5,285
14 years$9,615$8,322$7,180$6,178$5,302$4,576
15 years$8,882$7,602$6,483$5,509$4,668$3,979
16 years$8,241$6,975$5,878$4,933$4,126$3,472
17 years$7,675$6,424$5,348$4,432$3,658$3,038
18 years$7,173$5,936$4,882$3,994$3,253$2,666
19 years$6,725$5,501$4,470$3,609$2,899$2,345
20 years$6,322$5,112$4,102$3,269$2,590$2,066
21 years$5,957$4,762$3,773$2,967$2,317$1,823
22 years$5,626$4,445$3,477$2,697$2,077$1,612
23 years$5,325$4,157$3,211$2,457$1,865$1,426
24 years$5,049$3,895$2,969$2,241$1,676$1,264
25 years$4,795$3,655$2,750$2,046$1,508$1,121
26 years$4,562$3,435$2,551$1,871$1,358$995
27 years$4,346$3,233$2,369$1,713$1,225$884
28 years$4,146$3,047$2,202$1,569$1,105$785
29 years$3,959$2,874$2,049$1,439$998$699
30 years$3,786$2,714$1,909$1,321$902$622
31 years$3,624$2,566$1,779$1,213$815$553
32 years$3,473$2,428$1,660$1,115$737$493
33 years$3,331$2,299$1,550$1,025$667$439
34 years$3,198$2,179$1,448$943$604$391
35 years$3,072$2,067$1,354$868$547$349
36 years$2,954$1,962$1,267$800$496$311
37 years$2,843$1,863$1,186$737$449$278
38 years$2,737$1,771$1,110$679$407$248
39 years$2,637$1,684$1,040$626$369$221
40 years$2,543$1,602$975$577$335$197
41 years$2,453$1,525$914$533$304$176
42 years$2,368$1,452$858$492$276$157
43 years$2,287$1,384$805$454$250$140
44 years$2,210$1,319$755$419$227$125
45 years$2,136$1,258$709$387$206$112
46 years$2,066$1,200$666$358$187$100
47 years$2,000$1,145$626$330$170$89
48 years$1,936$1,093$588$305$154$80
49 years$1,874$1,044$553$282$140$71
50 years$1,816$997$520$261$127$64

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 $3,340 every year, while hoping to spend $51,664 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: 44/40/16 Blend
29$1,860,000$1,860,000$1,860,000$1,860,000
30$2,053,165$1,954,585$1,925,755$2,133,885
31$2,207,618$1,995,390$1,935,298$2,231,555
32$2,376,093$2,036,462$1,943,429$2,331,945
33$2,559,967$2,077,761$1,950,046$2,439,650
34$2,760,754$2,119,241$1,955,042$2,555,367
35$2,980,120$2,160,854$1,958,306$2,679,866
36$3,219,901$2,202,545$1,959,718$2,813,996
37$3,482,119$2,244,257$1,959,156$2,958,690
38$3,768,996$2,285,927$1,956,489$3,114,981
39$4,082,984$2,327,487$1,951,582$3,284,005
40$4,426,779$2,368,865$1,944,291$3,467,016
41$4,803,353$2,409,981$1,934,466$3,665,396
42$5,215,975$2,450,751$1,921,951$3,880,671
43$5,668,250$2,491,083$1,906,582$4,114,522
44$6,164,144$2,530,879$1,888,185$4,368,803
45$6,708,028$2,570,033$1,866,581$4,645,559
46$7,304,715$2,608,433$1,841,580$4,947,046
47$7,959,508$2,645,958$1,812,984$5,275,751
48$8,678,244$2,682,477$1,780,586$5,634,416
49$9,467,359$2,717,851$1,744,169$6,026,068
50$10,333,936$2,751,933$1,703,506$6,454,043
51$11,285,784$2,784,564$1,658,359$6,922,019
52$12,331,500$2,815,573$1,608,480$7,434,054
53$13,480,558$2,844,781$1,553,609$7,994,623
54$14,743,394$2,871,995$1,493,474$8,608,661
55$16,131,505$2,897,008$1,427,791$9,281,610
56$17,657,559$2,919,602$1,356,262$10,019,470
57$19,335,511$2,939,543$1,278,578$10,828,859
58$21,180,735$2,956,583$1,194,412$11,717,075
59$23,210,172$2,970,457$1,103,427$12,692,164
60$25,442,485$2,980,885$1,005,267$13,763,000
61$27,898,238$2,987,568$899,563$14,939,367
62$30,600,087$2,990,187$785,927$16,232,054
63$33,572,995$2,988,406$663,955$17,652,958
64$36,844,469$2,981,866$533,226$19,215,195
65$40,444,815$2,970,187$393,298$20,933,228
66$44,407,425$2,952,966$243,713$22,823,004
67$48,769,095$2,929,773$83,990$24,902,105
68$53,570,366$2,900,156$0$27,189,917
69$58,855,912$2,863,632$0$29,722,572
70$64,674,957$2,819,692$0$32,525,136
71$71,081,741$2,767,795$0$35,609,326
72$78,136,029$2,707,368$0$39,003,883
73$85,903,679$2,637,804$0$42,740,482
74$94,457,260$2,558,462$0$46,854,042
75$103,876,735$2,468,661$0$51,383,049
76$114,250,218$2,367,682$0$56,369,925
77$125,674,806$2,254,764$0$61,861,431
78$138,257,490$2,129,101$0$67,909,106
79$152,116,170$1,989,843$0$74,569,759
80$167,380,762$1,836,088$0$81,906,006
81$184,194,428$1,666,884$0$89,986,862
82$202,714,923$1,481,225$0$98,888,398
83$223,116,089$1,278,048$0$108,694,458
84$245,589,486$1,056,229$0$119,497,454
85$270,346,210$814,581$0$131,399,243
86$297,618,878$551,850$0$144,512,089
87$327,663,825$266,712$0$158,959,729
88$360,763,523$0$0$174,878,538
89$397,229,246$0$0$192,437,417
90$437,404,010$0$0$211,911,967
91$481,665,808$0$0$233,368,068
92$530,431,177$0$0$257,007,685
93$584,159,130$0$0$283,053,380
94$643,355,490$0$0$311,750,409
95$708,577,660$0$0$343,369,042
96$780,439,889$0$0$378,207,107
97$859,619,065$0$0$416,592,810
98$946,861,108$0$0$458,887,824
99$1,042,988,008$0$0$505,490,710
100$1,148,905,584$0$0$556,840,675