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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.6%
1 years$154,423$153,047$151,705$150,395$149,116$144,517
2 years$76,447$75,023$73,643$72,306$71,008$66,414
3 years$50,458$49,028$47,652$46,327$45,050$40,606
4 years$37,467$36,041$34,679$33,376$32,130$27,870
5 years$29,674$28,257$26,912$25,636$24,425$20,360
6 years$24,480$23,074$21,749$20,501$19,327$15,461
7 years$20,772$19,377$18,073$16,855$15,718$12,051
8 years$17,992$16,610$15,328$14,139$13,039$9,569
9 years$15,831$14,462$13,202$12,044$10,981$7,703
10 years$14,103$12,747$11,510$10,382$9,356$6,266
11 years$12,690$11,348$10,133$9,035$8,047$5,139
12 years$11,514$10,186$8,993$7,925$6,973$4,242
13 years$10,519$9,205$8,034$6,997$6,081$3,519
14 years$9,667$8,367$7,219$6,211$5,330$2,932
15 years$8,930$7,643$6,518$5,539$4,693$2,451
16 years$8,285$7,013$5,909$4,960$4,148$2,054
17 years$7,716$6,458$5,377$4,456$3,678$1,726
18 years$7,212$5,968$4,909$4,016$3,270$1,453
19 years$6,761$5,531$4,494$3,629$2,915$1,225
20 years$6,356$5,140$4,124$3,286$2,604$1,034
21 years$5,989$4,787$3,793$2,983$2,330$874
22 years$5,657$4,469$3,496$2,712$2,088$739
23 years$5,354$4,180$3,228$2,470$1,875$626
24 years$5,076$3,916$2,985$2,253$1,685$530
25 years$4,821$3,675$2,765$2,057$1,516$450
26 years$4,586$3,454$2,564$1,881$1,366$381
27 years$4,369$3,251$2,381$1,722$1,231$324
28 years$4,168$3,063$2,214$1,577$1,111$275
29 years$3,981$2,890$2,060$1,447$1,003$233
30 years$3,807$2,729$1,919$1,328$907$198
31 years$3,644$2,580$1,789$1,219$820$168
32 years$3,492$2,441$1,669$1,121$741$143
33 years$3,349$2,312$1,558$1,030$671$121
34 years$3,215$2,191$1,456$948$607$103
35 years$3,089$2,078$1,361$873$550$88
36 years$2,970$1,972$1,274$804$499$74
37 years$2,858$1,873$1,192$741$452$63
38 years$2,752$1,780$1,116$683$410$54
39 years$2,652$1,693$1,046$629$371$46
40 years$2,557$1,611$980$581$337$39
41 years$2,466$1,533$919$536$306$33
42 years$2,381$1,460$862$494$277$28
43 years$2,299$1,391$809$456$252$24
44 years$2,222$1,326$759$421$228$20
45 years$2,148$1,265$713$389$207$17
46 years$2,078$1,206$670$359$188$15
47 years$2,010$1,151$629$332$171$12
48 years$1,946$1,099$591$307$155$11
49 years$1,885$1,049$556$284$141$9
50 years$1,826$1,002$523$262$128$8

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 $4,413 every year, while hoping to spend $43,109 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: 68/21/11 Blend
29$1,870,000$1,870,000$1,870,000$1,870,000
30$2,065,292$1,966,182$1,937,197$2,200,628
31$2,230,084$2,016,657$1,956,225$2,341,601
32$2,410,240$2,068,161$1,974,447$2,490,141
33$2,607,282$2,120,698$1,991,788$2,651,465
34$2,822,885$2,174,272$2,008,172$2,826,821
35$3,058,893$2,228,886$2,023,520$3,017,584
36$3,317,339$2,284,540$2,037,747$3,225,267
37$3,600,459$2,341,233$2,050,763$3,451,535
38$3,910,716$2,398,965$2,062,474$3,698,224
39$4,250,825$2,457,730$2,072,783$3,967,355
40$4,623,773$2,517,523$2,081,585$4,261,154
41$5,032,853$2,578,336$2,088,773$4,582,074
42$5,481,687$2,640,158$2,094,230$4,932,817
43$5,974,271$2,702,977$2,097,839$5,316,357
44$6,515,002$2,766,779$2,099,472$5,735,975
45$7,108,726$2,831,544$2,098,997$6,195,281
46$7,760,778$2,897,252$2,096,276$6,698,254
47$8,477,040$2,963,880$2,091,164$7,249,280
48$9,263,986$3,031,399$2,083,506$7,853,187
49$10,128,754$3,099,778$2,073,145$8,515,299
50$11,079,203$3,168,983$2,059,911$9,241,478
51$12,123,993$3,238,975$2,043,629$10,038,187
52$13,272,665$3,309,709$2,024,116$10,912,543
53$14,535,730$3,381,138$2,001,177$11,872,392
54$15,924,770$3,453,209$1,974,612$12,926,377
55$17,452,543$3,525,863$1,944,208$14,084,024
56$19,133,107$3,599,035$1,909,744$15,355,826
57$20,981,952$3,672,656$1,870,988$16,753,350
58$23,016,143$3,746,648$1,827,698$18,289,339
59$25,254,483$3,820,927$1,779,620$19,977,837
60$27,717,691$3,895,404$1,726,487$21,834,319
61$30,428,595$3,969,977$1,668,024$23,875,839
62$33,412,347$4,044,542$1,603,938$26,121,190
63$36,696,663$4,118,981$1,533,927$28,591,079
64$40,312,082$4,193,170$1,457,672$31,308,327
65$44,292,252$4,266,973$1,374,842$34,298,084
66$48,674,252$4,340,246$1,285,090$37,588,064
67$53,498,939$4,412,830$1,188,053$41,208,805
68$58,811,331$4,484,559$1,083,353$45,193,965
69$64,661,034$4,555,250$970,593$49,580,632
70$71,102,713$4,624,711$849,361$54,409,679
71$78,196,600$4,692,732$719,225$59,726,147
72$86,009,067$4,759,090$579,733$65,579,674
73$94,613,254$4,823,547$430,416$72,024,961
74$104,089,752$4,885,847$270,781$79,122,288
75$114,527,370$4,945,717$100,316$86,938,088
76$126,023,970$5,002,865$0$95,545,569
77$138,687,390$5,056,980$0$105,034,987
78$152,636,461$5,107,730$0$115,498,860
79$168,002,130$5,154,759$0$127,023,450
80$184,928,696$5,197,690$0$139,716,804
81$203,575,167$5,236,121$0$153,697,989
82$224,116,766$5,269,623$0$169,098,215
83$246,746,581$5,297,740$0$186,062,074
84$271,677,390$5,319,986$0$204,748,905
85$299,143,665$5,335,847$0$225,334,300
86$329,403,788$5,344,773$0$248,011,758
87$362,742,489$5,346,181$0$272,994,516
88$399,473,532$5,339,453$0$300,517,559
89$439,942,678$5,323,932$0$330,839,842
90$484,530,946$5,298,920$0$364,246,732
91$533,658,212$5,263,677$0$401,052,703
92$587,787,171$5,217,418$0$441,604,307
93$647,427,701$5,159,310$0$486,283,444
94$713,141,682$5,088,472$0$535,510,968
95$785,548,295$5,003,968$0$589,750,662
96$865,329,866$4,904,807$0$649,513,617
97$953,238,310$4,789,941$0$715,363,055
98$1,050,102,226$4,658,256$0$787,919,651
99$1,156,834,721$4,508,579$0$867,867,391
100$1,274,442,025$4,339,662$0$955,960,028