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%12.6%
1 years$153,597$152,229$150,894$149,591$148,319$146,709
2 years$76,038$74,622$73,250$71,919$70,628$69,007
3 years$50,189$48,766$47,397$46,079$44,809$43,228
4 years$37,266$35,848$34,493$33,197$31,958$30,428
5 years$29,515$28,106$26,768$25,499$24,294$22,820
6 years$24,349$22,950$21,633$20,392$19,223$17,807
7 years$20,661$19,274$17,977$16,765$15,634$14,275
8 years$17,896$16,521$15,246$14,064$12,970$11,669
9 years$15,746$14,385$13,131$11,979$10,922$9,680
10 years$14,027$12,679$11,448$10,326$9,306$8,121
11 years$12,622$11,288$10,079$8,987$8,004$6,874
12 years$11,452$10,131$8,945$7,883$6,936$5,861
13 years$10,463$9,156$7,991$6,959$6,048$5,027
14 years$9,615$8,322$7,180$6,178$5,302$4,332
15 years$8,882$7,602$6,483$5,509$4,668$3,749
16 years$8,241$6,975$5,878$4,933$4,126$3,256
17 years$7,675$6,424$5,348$4,432$3,658$2,836
18 years$7,173$5,936$4,882$3,994$3,253$2,476
19 years$6,725$5,501$4,470$3,609$2,899$2,166
20 years$6,322$5,112$4,102$3,269$2,590$1,899
21 years$5,957$4,762$3,773$2,967$2,317$1,667
22 years$5,626$4,445$3,477$2,697$2,077$1,466
23 years$5,325$4,157$3,211$2,457$1,865$1,290
24 years$5,049$3,895$2,969$2,241$1,676$1,137
25 years$4,795$3,655$2,750$2,046$1,508$1,003
26 years$4,562$3,435$2,551$1,871$1,358$885
27 years$4,346$3,233$2,369$1,713$1,225$782
28 years$4,146$3,047$2,202$1,569$1,105$691
29 years$3,959$2,874$2,049$1,439$998$611
30 years$3,786$2,714$1,909$1,321$902$541
31 years$3,624$2,566$1,779$1,213$815$479
32 years$3,473$2,428$1,660$1,115$737$424
33 years$3,331$2,299$1,550$1,025$667$376
34 years$3,198$2,179$1,448$943$604$333
35 years$3,072$2,067$1,354$868$547$295
36 years$2,954$1,962$1,267$800$496$262
37 years$2,843$1,863$1,186$737$449$232
38 years$2,737$1,771$1,110$679$407$206
39 years$2,637$1,684$1,040$626$369$182
40 years$2,543$1,602$975$577$335$162
41 years$2,453$1,525$914$533$304$144
42 years$2,368$1,452$858$492$276$127
43 years$2,287$1,384$805$454$250$113
44 years$2,210$1,319$755$419$227$100
45 years$2,136$1,258$709$387$206$89
46 years$2,066$1,200$666$358$187$79
47 years$2,000$1,145$626$330$170$70
48 years$1,936$1,093$588$305$154$62
49 years$1,874$1,044$553$282$140$55
50 years$1,816$997$520$261$127$49

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 $5,699 every year, while hoping to spend $34,061 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: 57/13/30 Blend
29$1,860,000$1,860,000$1,860,000$1,860,000
30$2,055,599$1,957,019$1,928,189$2,155,479
31$2,229,029$2,016,672$1,956,542$2,284,484
32$2,419,008$2,078,106$1,984,704$2,421,012
33$2,627,187$2,141,374$2,012,632$2,569,152
34$2,855,385$2,206,527$2,040,281$2,730,040
35$3,105,607$2,273,619$2,067,603$2,904,929
36$3,380,060$2,342,707$2,094,548$3,095,196
37$3,681,173$2,413,847$2,121,063$3,302,359
38$4,011,625$2,487,098$2,147,090$3,528,090
39$4,374,364$2,562,519$2,172,572$3,774,233
40$4,772,640$2,640,174$2,197,444$4,042,816
41$5,210,031$2,720,124$2,221,640$4,336,076
42$5,690,480$2,802,435$2,245,090$4,656,477
43$6,218,328$2,887,173$2,267,719$5,006,731
44$6,798,360$2,974,408$2,289,451$5,389,830
45$7,435,847$3,064,208$2,310,202$5,809,069
46$8,136,596$3,156,647$2,329,886$6,268,077
47$8,907,003$3,251,797$2,348,412$6,770,856
48$9,754,117$3,349,734$2,365,683$7,321,812
49$10,685,702$3,450,537$2,381,598$7,925,804
50$11,710,314$3,554,283$2,396,052$8,588,181
51$12,837,378$3,661,055$2,408,932$9,314,843
52$14,077,281$3,770,937$2,420,121$10,112,287
53$15,441,463$3,884,013$2,429,495$10,987,675
54$16,942,534$4,000,371$2,436,925$11,948,897
55$18,594,384$4,120,101$2,442,274$13,004,650
56$20,412,320$4,243,294$2,445,398$14,164,516
57$22,413,207$4,370,046$2,446,149$15,439,056
58$24,615,627$4,500,451$2,444,368$16,839,906
59$27,040,057$4,634,609$2,439,890$18,379,890
60$29,709,058$4,772,620$2,432,542$20,073,141
61$32,647,491$4,914,587$2,422,141$21,935,233
62$35,882,749$5,060,616$2,408,497$23,983,328
63$39,445,018$5,210,815$2,391,411$26,236,339
64$43,367,559$5,365,294$2,370,672$28,715,110
65$47,687,022$5,524,166$2,346,061$31,442,609
66$52,443,794$5,687,545$2,317,350$34,444,150
67$57,682,376$5,855,550$2,284,296$37,747,628
68$63,451,807$6,028,300$2,246,649$41,383,783
69$69,806,123$6,205,919$2,204,143$45,386,495
70$76,804,870$6,388,532$2,156,505$49,793,097
71$84,513,663$6,576,266$2,103,444$54,644,733
72$93,004,805$6,769,252$2,044,658$59,986,744
73$102,357,973$6,967,623$1,979,831$65,869,099
74$112,660,964$7,171,514$1,908,633$72,346,863
75$124,010,528$7,381,064$1,830,718$79,480,720
76$136,513,279$7,596,413$1,745,725$87,337,546
77$150,286,702$7,817,706$1,653,275$95,991,041
78$165,460,260$8,045,087$1,552,974$105,522,424
79$182,176,616$8,278,706$1,444,408$116,021,199
80$200,592,982$8,518,714$1,327,147$127,586,005
81$220,882,599$8,765,265$1,200,740$140,325,544
82$243,236,376$9,018,514$1,064,715$154,359,608
83$267,864,685$9,278,620$918,583$169,820,210
84$294,999,355$9,545,745$761,828$186,852,835
85$324,895,855$9,820,051$593,914$205,617,808
86$357,835,704$10,101,706$414,282$226,291,814
87$394,129,133$10,390,877$222,348$249,069,562
88$434,118,008$10,687,733$17,500$274,165,627
89$478,179,062$10,992,449$0$301,816,475
90$526,727,445$11,305,197$0$332,347,074
91$580,220,647$11,626,155$0$365,990,388
92$639,162,817$11,955,501$0$403,057,507
93$704,109,518$12,293,414$0$443,897,426
94$775,672,973$12,640,075$0$488,894,730
95$854,527,845$12,995,668$0$538,473,225
96$941,417,606$13,360,376$0$593,099,937
97$1,037,161,551$13,734,385$0$653,289,525
98$1,142,662,539$14,117,879$0$719,609,130
99$1,258,915,509$14,511,045$0$792,683,739
100$1,387,016,875$14,914,071$0$873,202,077