Can I retire at age 30 with 1,880,000?

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 $1,880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$155,249$153,866$152,517$151,200$149,914$148,102
2 years$76,856$75,424$74,037$72,692$71,388$69,564
3 years$50,728$49,291$47,907$46,575$45,291$43,513
4 years$37,667$36,234$34,864$33,554$32,302$30,582
5 years$29,832$28,408$27,056$25,773$24,556$22,900
6 years$24,611$23,197$21,865$20,611$19,430$17,840
7 years$20,883$19,481$18,170$16,945$15,802$14,278
8 years$18,088$16,699$15,410$14,215$13,109$11,652
9 years$15,915$14,539$13,272$12,108$11,040$9,648
10 years$14,178$12,816$11,571$10,437$9,406$8,079
11 years$12,758$11,409$10,187$9,084$8,090$6,826
12 years$11,575$10,240$9,041$7,967$7,010$5,809
13 years$10,575$9,254$8,077$7,034$6,113$4,973
14 years$9,719$8,412$7,257$6,244$5,359$4,277
15 years$8,977$7,684$6,553$5,569$4,718$3,694
16 years$8,329$7,050$5,941$4,986$4,170$3,201
17 years$7,758$6,493$5,406$4,480$3,697$2,782
18 years$7,250$6,000$4,935$4,037$3,288$2,424
19 years$6,797$5,560$4,518$3,648$2,930$2,116
20 years$6,390$5,167$4,146$3,304$2,617$1,851
21 years$6,021$4,813$3,814$2,999$2,342$1,622
22 years$5,687$4,493$3,515$2,726$2,100$1,423
23 years$5,382$4,202$3,245$2,483$1,885$1,249
24 years$5,103$3,937$3,001$2,265$1,694$1,098
25 years$4,847$3,695$2,780$2,068$1,524$967
26 years$4,611$3,472$2,578$1,891$1,373$851
27 years$4,392$3,268$2,394$1,731$1,238$750
28 years$4,190$3,079$2,226$1,586$1,117$661
29 years$4,002$2,905$2,071$1,454$1,009$584
30 years$3,827$2,743$1,929$1,335$911$515
31 years$3,663$2,593$1,799$1,226$824$455
32 years$3,510$2,454$1,678$1,127$745$402
33 years$3,367$2,324$1,567$1,036$675$355
34 years$3,232$2,203$1,464$953$611$314
35 years$3,105$2,089$1,369$877$553$277
36 years$2,986$1,983$1,280$808$501$245
37 years$2,873$1,883$1,198$745$454$217
38 years$2,767$1,790$1,122$686$412$192
39 years$2,666$1,702$1,051$633$373$170
40 years$2,570$1,619$985$584$339$150
41 years$2,480$1,541$924$538$307$133
42 years$2,394$1,468$867$497$279$118
43 years$2,312$1,399$813$459$253$104
44 years$2,234$1,333$764$424$230$92
45 years$2,159$1,271$717$391$209$82
46 years$2,089$1,213$673$361$189$72
47 years$2,021$1,157$633$334$172$64
48 years$1,956$1,105$594$308$156$57
49 years$1,895$1,055$559$285$142$50
50 years$1,836$1,008$525$264$129$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,880,000, adding $2,075 every year, while hoping to spend $39,210 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: 27/44/29 Blend
29$1,880,000$1,880,000$1,880,000$1,880,000
30$2,073,900$1,974,260$1,945,120$2,111,164
31$2,243,719$2,029,280$1,968,563$2,196,692
32$2,429,545$2,085,681$1,991,476$2,284,960
33$2,632,970$2,143,491$2,013,802$2,378,941
34$2,855,746$2,202,735$2,035,477$2,479,149
35$3,099,802$2,263,440$2,056,436$2,586,151
36$3,367,265$2,325,631$2,076,610$2,700,571
37$3,660,475$2,389,335$2,095,925$2,823,095
38$3,982,008$2,454,578$2,114,303$2,954,479
39$4,334,706$2,521,385$2,131,665$3,095,555
40$4,721,694$2,589,781$2,147,924$3,247,241
41$5,146,418$2,659,792$2,162,991$3,410,545
42$5,612,672$2,731,440$2,176,770$3,586,580
43$6,124,635$2,804,752$2,189,163$3,776,570
44$6,686,912$2,879,748$2,200,064$3,981,865
45$7,304,574$2,956,453$2,209,363$4,203,951
46$7,983,209$3,034,888$2,216,945$4,444,466
47$8,728,972$3,115,074$2,222,689$4,705,215
48$9,548,645$3,197,030$2,226,466$4,988,187
49$10,449,697$3,280,775$2,228,144$5,295,574
50$11,440,361$3,366,327$2,227,581$5,629,790
51$12,529,703$3,453,703$2,224,630$5,993,496
52$13,727,714$3,542,916$2,219,137$6,389,627
53$15,045,402$3,633,980$2,210,939$6,821,415
54$16,494,895$3,726,906$2,199,867$7,292,422
55$18,089,553$3,821,704$2,185,742$7,806,576
56$19,844,100$3,918,380$2,168,377$8,368,204
57$21,774,758$4,016,940$2,147,577$8,982,077
58$23,899,400$4,117,386$2,123,137$9,653,453
59$26,237,718$4,219,718$2,094,842$10,388,127
60$28,811,414$4,323,933$2,062,468$11,192,486
61$31,644,396$4,430,023$2,025,778$12,073,573
62$34,763,010$4,537,980$1,984,527$13,039,146
63$38,196,286$4,647,790$1,938,458$14,097,761
64$41,976,210$4,759,435$1,887,299$15,258,846
65$46,138,030$4,872,893$1,830,770$16,532,795
66$50,720,583$4,988,139$1,768,575$17,931,061
67$55,766,665$5,105,141$1,700,405$19,466,273
68$61,323,434$5,223,862$1,625,938$21,152,348
69$67,442,854$5,344,260$1,544,836$23,004,628
70$74,182,183$5,466,288$1,456,747$25,040,020
71$81,604,520$5,589,890$1,361,301$27,277,165
72$89,779,391$5,715,004$1,258,115$29,736,604
73$98,783,412$5,841,563$1,146,785$32,440,983
74$108,701,008$5,969,488$1,026,891$35,415,261
75$119,625,213$6,098,694$897,993$38,686,946
76$131,658,543$6,229,088$759,634$42,286,361
77$144,913,966$6,360,566$611,334$46,246,929
78$159,515,969$6,493,012$452,592$50,605,486
79$175,601,732$6,626,303$282,888$55,402,634
80$193,322,418$6,760,302$101,674$60,683,126
81$212,844,608$6,894,860$0$66,496,286
82$234,351,866$7,029,816$0$72,924,859
83$258,046,472$7,164,993$0$80,035,805
84$284,151,336$7,300,202$0$87,863,865
85$312,912,097$7,435,235$0$96,482,030
86$344,599,440$7,569,871$0$105,970,735
87$379,511,657$7,703,869$0$116,418,621
88$417,977,457$7,836,970$0$127,923,371
89$460,359,070$7,968,894$0$140,592,633
90$507,055,668$8,099,342$0$154,545,035
91$558,507,127$8,227,991$0$169,911,308
92$615,198,186$8,354,495$0$186,835,520
93$677,663,019$8,478,482$0$205,476,434
94$746,490,274$8,599,556$0$226,009,013
95$822,328,637$8,717,289$0$248,626,066
96$905,892,948$8,831,226$0$273,540,076
97$997,970,953$8,940,880$0$300,985,201
98$1,099,430,737$9,045,731$0$331,219,488
99$1,211,228,922$9,145,221$0$364,527,312
100$1,334,419,694$9,238,759$0$401,222,059