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%13.3%
1 years$154,423$153,047$151,705$150,395$149,116$147,070
2 years$76,447$75,023$73,643$72,306$71,008$68,950
3 years$50,458$49,028$47,652$46,327$45,050$43,045
4 years$37,467$36,041$34,679$33,376$32,130$30,192
5 years$29,674$28,257$26,912$25,636$24,425$22,560
6 years$24,480$23,074$21,749$20,501$19,327$17,538
7 years$20,772$19,377$18,073$16,855$15,718$14,005
8 years$17,992$16,610$15,328$14,139$13,039$11,403
9 years$15,831$14,462$13,202$12,044$10,981$9,419
10 years$14,103$12,747$11,510$10,382$9,356$7,869
11 years$12,690$11,348$10,133$9,035$8,047$6,632
12 years$11,514$10,186$8,993$7,925$6,973$5,629
13 years$10,519$9,205$8,034$6,997$6,081$4,806
14 years$9,667$8,367$7,219$6,211$5,330$4,123
15 years$8,930$7,643$6,518$5,539$4,693$3,551
16 years$8,285$7,013$5,909$4,960$4,148$3,069
17 years$7,716$6,458$5,377$4,456$3,678$2,660
18 years$7,212$5,968$4,909$4,016$3,270$2,311
19 years$6,761$5,531$4,494$3,629$2,915$2,011
20 years$6,356$5,140$4,124$3,286$2,604$1,754
21 years$5,989$4,787$3,793$2,983$2,330$1,532
22 years$5,657$4,469$3,496$2,712$2,088$1,340
23 years$5,354$4,180$3,228$2,470$1,875$1,173
24 years$5,076$3,916$2,985$2,253$1,685$1,028
25 years$4,821$3,675$2,765$2,057$1,516$902
26 years$4,586$3,454$2,564$1,881$1,366$792
27 years$4,369$3,251$2,381$1,722$1,231$696
28 years$4,168$3,063$2,214$1,577$1,111$611
29 years$3,981$2,890$2,060$1,447$1,003$538
30 years$3,807$2,729$1,919$1,328$907$473
31 years$3,644$2,580$1,789$1,219$820$416
32 years$3,492$2,441$1,669$1,121$741$367
33 years$3,349$2,312$1,558$1,030$671$323
34 years$3,215$2,191$1,456$948$607$284
35 years$3,089$2,078$1,361$873$550$251
36 years$2,970$1,972$1,274$804$499$221
37 years$2,858$1,873$1,192$741$452$195
38 years$2,752$1,780$1,116$683$410$172
39 years$2,652$1,693$1,046$629$371$151
40 years$2,557$1,611$980$581$337$133
41 years$2,466$1,533$919$536$306$118
42 years$2,381$1,460$862$494$277$104
43 years$2,299$1,391$809$456$252$92
44 years$2,222$1,326$759$421$228$81
45 years$2,148$1,265$713$389$207$71
46 years$2,078$1,206$670$359$188$63
47 years$2,010$1,151$629$332$171$55
48 years$1,946$1,099$591$307$155$49
49 years$1,885$1,049$556$284$141$43
50 years$1,826$1,002$523$262$128$38

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 $4,975 every year, while hoping to spend $50,191 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: 51/38/11 Blend
29$1,870,000$1,870,000$1,870,000$1,870,000
30$2,065,872$1,966,762$1,937,777$2,164,967
31$2,223,188$2,009,730$1,949,289$2,276,169
32$2,394,868$2,053,122$1,959,506$2,391,240
33$2,582,324$2,096,905$1,968,329$2,515,179
34$2,787,111$2,141,043$1,975,658$2,648,834
35$3,010,940$2,185,498$1,981,386$2,793,139
36$3,255,696$2,230,227$1,985,402$2,949,124
37$3,523,452$2,275,183$1,987,588$3,117,924
38$3,816,492$2,320,315$1,987,821$3,300,786
39$4,137,333$2,365,570$1,985,972$3,499,090
40$4,488,744$2,410,885$1,981,904$3,714,351
41$4,873,775$2,456,198$1,975,477$3,948,243
42$5,295,785$2,501,437$1,966,541$4,202,609
43$5,758,474$2,546,526$1,954,939$4,479,480
44$6,265,917$2,591,384$1,940,508$4,781,095
45$6,822,602$2,635,923$1,923,076$5,109,922
46$7,433,471$2,680,047$1,902,463$5,468,682
47$8,103,970$2,723,655$1,878,481$5,860,371
48$8,840,098$2,766,636$1,850,932$6,288,296
49$9,648,460$2,808,874$1,819,611$6,756,100
50$10,536,336$2,850,241$1,784,300$7,267,798
51$11,511,742$2,890,603$1,744,774$7,827,816
52$12,583,512$2,929,814$1,700,796$8,441,036
53$13,761,375$2,967,721$1,652,118$9,112,835
54$15,056,053$3,004,157$1,598,482$9,849,144
55$16,479,355$3,038,945$1,539,616$10,656,498
56$18,044,293$3,071,897$1,475,236$11,542,104
57$19,765,202$3,102,811$1,405,048$12,513,904
58$21,657,875$3,131,472$1,328,740$13,580,654
59$23,739,716$3,157,651$1,245,989$14,752,007
60$26,029,895$3,181,104$1,156,458$16,038,602
61$28,549,537$3,201,571$1,059,792$17,452,167
62$31,321,917$3,218,775$955,623$19,005,633
63$34,372,681$3,232,423$843,564$20,713,251
64$37,730,084$3,242,201$723,213$22,590,732
65$41,425,261$3,247,778$594,150$24,655,394
66$45,492,517$3,248,799$455,933$26,926,326
67$49,969,653$3,244,889$308,106$29,424,571
68$54,898,319$3,235,650$150,189$32,173,326
69$60,324,409$3,220,658$0$35,198,159
70$66,298,494$3,199,466$0$38,529,405
71$72,876,297$3,171,596$0$42,214,931
72$80,119,220$3,136,545$0$46,271,397
73$88,094,921$3,093,777$0$50,736,616
74$96,877,956$3,042,724$0$55,652,263
75$106,550,476$2,982,787$0$61,064,270
76$117,203,009$2,913,328$0$67,023,259
77$128,935,309$2,833,674$0$73,585,027
78$141,857,298$2,743,110$0$80,811,067
79$156,090,102$2,640,883$0$88,769,154
80$171,767,199$2,526,193$0$97,533,985
81$189,035,670$2,398,193$0$107,187,885
82$208,057,595$2,255,991$0$117,821,590
83$229,011,575$2,098,640$0$129,535,101
84$252,094,422$1,925,140$0$142,438,630
85$277,523,015$1,734,433$0$156,653,646
86$305,536,346$1,525,404$0$172,314,021
87$336,397,774$1,296,870$0$189,567,299
88$370,397,516$1,047,585$0$208,576,087
89$407,855,377$776,231$0$229,519,599
90$449,123,775$481,416$0$252,595,345
91$494,591,065$161,671$0$278,021,002
92$544,685,203$0$0$306,036,470
93$599,877,788$0$0$336,983,318
94$660,688,509$0$0$371,155,119
95$727,690,055$0$0$408,806,129
96$801,513,514$0$0$450,291,027
97$882,854,337$0$0$496,000,666
98$972,478,897$0$0$546,365,755
99$1,071,231,725$0$0$601,860,934
100$1,180,043,481$0$0$663,009,246