Can I retire at age 30 with 1,870,000?

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$154,423$153,047$151,705$150,395$149,116$144,055
2 years$76,447$75,023$73,643$72,306$71,008$65,959
3 years$50,458$49,028$47,652$46,327$45,050$40,173
4 years$37,467$36,041$34,679$33,376$32,130$27,462
5 years$29,674$28,257$26,912$25,636$24,425$19,978
6 years$24,480$23,074$21,749$20,501$19,327$15,104
7 years$20,772$19,377$18,073$16,855$15,718$11,719
8 years$17,992$16,610$15,328$14,139$13,039$9,261
9 years$15,831$14,462$13,202$12,044$10,981$7,419
10 years$14,103$12,747$11,510$10,382$9,356$6,005
11 years$12,690$11,348$10,133$9,035$8,047$4,899
12 years$11,514$10,186$8,993$7,925$6,973$4,022
13 years$10,519$9,205$8,034$6,997$6,081$3,319
14 years$9,667$8,367$7,219$6,211$5,330$2,750
15 years$8,930$7,643$6,518$5,539$4,693$2,286
16 years$8,285$7,013$5,909$4,960$4,148$1,905
17 years$7,716$6,458$5,377$4,456$3,678$1,591
18 years$7,212$5,968$4,909$4,016$3,270$1,331
19 years$6,761$5,531$4,494$3,629$2,915$1,116
20 years$6,356$5,140$4,124$3,286$2,604$936
21 years$5,989$4,787$3,793$2,983$2,330$786
22 years$5,657$4,469$3,496$2,712$2,088$661
23 years$5,354$4,180$3,228$2,470$1,875$556
24 years$5,076$3,916$2,985$2,253$1,685$468
25 years$4,821$3,675$2,765$2,057$1,516$394
26 years$4,586$3,454$2,564$1,881$1,366$332
27 years$4,369$3,251$2,381$1,722$1,231$280
28 years$4,168$3,063$2,214$1,577$1,111$236
29 years$3,981$2,890$2,060$1,447$1,003$199
30 years$3,807$2,729$1,919$1,328$907$168
31 years$3,644$2,580$1,789$1,219$820$142
32 years$3,492$2,441$1,669$1,121$741$120
33 years$3,349$2,312$1,558$1,030$671$101
34 years$3,215$2,191$1,456$948$607$85
35 years$3,089$2,078$1,361$873$550$72
36 years$2,970$1,972$1,274$804$499$61
37 years$2,858$1,873$1,192$741$452$51
38 years$2,752$1,780$1,116$683$410$43
39 years$2,652$1,693$1,046$629$371$37
40 years$2,557$1,611$980$581$337$31
41 years$2,466$1,533$919$536$306$26
42 years$2,381$1,460$862$494$277$22
43 years$2,299$1,391$809$456$252$19
44 years$2,222$1,326$759$421$228$16
45 years$2,148$1,265$713$389$207$13
46 years$2,078$1,206$670$359$188$11
47 years$2,010$1,151$629$332$171$9
48 years$1,946$1,099$591$307$155$8
49 years$1,885$1,049$556$284$141$7
50 years$1,826$1,002$523$262$128$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,870,000, adding $4,037 every year, while hoping to spend $25,641 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: 50/37/13 Blend
29$1,870,000$1,870,000$1,870,000$1,870,000
30$2,064,904$1,965,794$1,936,809$2,160,660
31$2,248,243$2,034,836$1,974,410$2,295,839
32$2,449,422$2,106,402$2,012,412$2,439,635
33$2,670,236$2,180,588$2,050,800$2,595,320
34$2,912,658$2,257,495$2,089,560$2,764,019
35$3,178,863$2,337,227$2,128,675$2,946,969
36$3,471,249$2,419,893$2,168,128$3,145,531
37$3,792,455$2,505,606$2,207,898$3,361,201
38$4,145,389$2,594,484$2,247,966$3,595,623
39$4,533,254$2,686,649$2,288,308$3,850,607
40$4,959,580$2,782,229$2,328,901$4,128,145
41$5,428,255$2,881,356$2,369,717$4,430,427
42$5,943,564$2,984,169$2,410,729$4,759,862
43$6,510,224$3,090,811$2,451,906$5,119,105
44$7,133,438$3,201,431$2,493,215$5,511,072
45$7,818,933$3,316,186$2,534,622$5,938,977
46$8,573,022$3,435,237$2,576,090$6,406,356
47$9,402,659$3,558,753$2,617,578$6,917,102
48$10,315,509$3,686,909$2,659,045$7,475,498
49$11,320,012$3,819,890$2,700,445$8,086,262
50$12,425,473$3,957,884$2,741,730$8,754,589
51$13,642,143$4,101,091$2,782,848$9,486,195
52$14,981,314$4,249,718$2,823,746$10,287,377
53$16,455,432$4,403,978$2,864,367$11,165,068
54$18,078,211$4,564,097$2,904,647$12,126,903
55$19,864,759$4,730,309$2,944,523$13,181,289
56$21,831,726$4,902,855$2,983,926$14,337,485
57$23,997,457$5,081,991$3,022,783$15,605,688
58$26,382,169$5,267,979$3,061,017$16,997,130
59$29,008,135$5,461,095$3,098,546$18,524,180
60$31,899,902$5,661,626$3,135,285$20,200,462
61$35,084,517$5,869,871$3,171,142$22,040,984
62$38,591,783$6,086,140$3,206,021$24,062,275
63$42,454,543$6,310,759$3,239,821$26,282,543
64$46,708,987$6,544,066$3,272,434$28,721,847
65$51,394,991$6,786,413$3,303,749$31,402,281
66$56,556,502$7,038,169$3,333,646$34,348,185
67$62,241,942$7,299,716$3,362,000$37,586,373
68$68,504,672$7,571,454$3,388,679$41,146,385
69$75,403,493$7,853,800$3,413,545$45,060,762
70$83,003,202$8,147,189$3,436,451$49,365,357
71$91,375,200$8,452,072$3,457,243$54,099,668
72$100,598,171$8,768,924$3,475,761$59,307,211
73$110,758,819$9,098,237$3,491,834$65,035,929
74$121,952,693$9,440,524$3,505,285$71,338,644
75$134,285,080$9,796,323$3,515,924$78,273,555
76$147,872,007$10,166,191$3,523,557$85,904,782
77$162,841,331$10,550,714$3,527,975$94,302,972
78$179,333,947$10,950,499$3,528,962$103,545,968
79$197,505,118$11,366,181$3,526,291$113,719,534
80$217,525,940$11,798,425$3,519,722$124,918,171
81$239,584,958$12,247,920$3,509,005$137,246,001
82$263,889,944$12,715,388$3,493,877$150,817,752
83$290,669,859$13,201,583$3,474,062$165,759,837
84$320,177,014$13,707,290$3,449,273$182,211,547
85$352,689,453$14,233,331$3,419,207$200,326,359
86$388,513,573$14,780,560$3,383,547$220,273,392
87$427,987,022$15,349,872$3,341,960$242,238,990
88$471,481,883$15,942,200$3,294,100$266,428,486
89$519,408,185$16,558,518$3,239,602$293,068,138
90$572,217,777$17,199,842$3,178,086$322,407,257
91$630,408,591$17,867,236$3,109,153$354,720,563
92$694,529,343$18,561,806$3,032,386$390,310,773
93$765,184,713$19,284,711$2,947,347$429,511,457
94$843,041,052$20,037,160$2,853,581$472,690,182
95$928,832,674$20,820,415$2,750,611$520,251,981
96$1,023,368,786$21,635,795$2,637,936$572,643,173
97$1,127,541,130$22,484,677$2,515,034$630,355,573
98$1,242,332,397$23,368,498$2,381,360$693,931,128
99$1,368,825,510$24,288,763$2,236,344$763,967,036
100$1,508,213,839$25,247,039$2,079,388$841,121,374