Can I retire at age 30 with 1,890,000?

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$156,074$154,684$153,328$152,004$150,711$147,548
2 years$77,265$75,826$74,431$73,079$71,767$68,595
3 years$50,998$49,553$48,162$46,822$45,532$42,450
4 years$37,867$36,427$35,049$33,733$32,474$29,506
5 years$29,991$28,559$27,200$25,910$24,686$21,840
6 years$24,742$23,320$21,981$20,720$19,533$16,813
7 years$20,994$19,585$18,267$17,035$15,886$13,291
8 years$18,184$16,788$15,492$14,291$13,179$10,709
9 years$16,000$14,617$13,343$12,172$11,098$8,753
10 years$14,254$12,884$11,633$10,493$9,456$7,232
11 years$12,826$11,470$10,241$9,132$8,133$6,026
12 years$11,637$10,295$9,089$8,010$7,048$5,056
13 years$10,632$9,303$8,120$7,071$6,146$4,266
14 years$9,771$8,456$7,296$6,277$5,387$3,615
15 years$9,025$7,725$6,587$5,598$4,743$3,076
16 years$8,373$7,088$5,972$5,013$4,192$2,625
17 years$7,799$6,527$5,435$4,504$3,717$2,246
18 years$7,289$6,032$4,961$4,059$3,305$1,926
19 years$6,833$5,590$4,542$3,667$2,946$1,654
20 years$6,424$5,195$4,168$3,322$2,631$1,423
21 years$6,053$4,839$3,834$3,015$2,355$1,226
22 years$5,717$4,517$3,534$2,741$2,111$1,058
23 years$5,411$4,224$3,263$2,496$1,895$913
24 years$5,130$3,958$3,017$2,277$1,703$789
25 years$4,873$3,714$2,795$2,079$1,532$683
26 years$4,635$3,491$2,592$1,901$1,380$591
27 years$4,416$3,285$2,407$1,740$1,245$511
28 years$4,212$3,096$2,237$1,594$1,123$443
29 years$4,023$2,920$2,082$1,462$1,014$384
30 years$3,847$2,758$1,939$1,342$916$333
31 years$3,683$2,607$1,808$1,232$828$289
32 years$3,529$2,467$1,687$1,133$749$250
33 years$3,385$2,336$1,575$1,041$678$217
34 years$3,249$2,214$1,472$958$614$188
35 years$3,122$2,100$1,376$882$556$163
36 years$3,002$1,993$1,287$812$504$142
37 years$2,888$1,893$1,205$749$457$123
38 years$2,781$1,799$1,128$690$414$107
39 years$2,680$1,711$1,057$636$375$93
40 years$2,584$1,628$991$587$341$81
41 years$2,493$1,550$929$541$309$70
42 years$2,406$1,476$871$500$280$61
43 years$2,324$1,406$818$461$254$53
44 years$2,246$1,340$768$426$231$46
45 years$2,171$1,278$721$393$210$40
46 years$2,100$1,219$677$363$190$35
47 years$2,032$1,164$636$336$173$30
48 years$1,967$1,111$598$310$157$26
49 years$1,905$1,061$562$287$143$23
50 years$1,845$1,013$528$265$129$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,890,000, adding $6,285 every year, while hoping to spend $40,096 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: 48/45/7 Blend
29$1,890,000$1,890,000$1,890,000$1,890,000
30$2,089,263$1,989,093$1,959,798$2,185,394
31$2,259,706$2,043,897$1,982,789$2,306,690
32$2,446,190$2,100,042$2,005,207$2,433,556
33$2,650,310$2,157,552$2,026,990$2,570,353
34$2,873,820$2,216,451$2,048,072$2,718,014
35$3,118,653$2,276,760$2,068,386$2,877,567
36$3,386,937$2,338,503$2,087,859$3,050,145
37$3,681,018$2,401,703$2,106,415$3,236,993
38$4,003,476$2,466,380$2,123,974$3,439,481
39$4,357,155$2,532,557$2,140,452$3,659,116
40$4,745,187$2,600,255$2,155,759$3,897,560
41$5,171,021$2,669,493$2,169,802$4,156,639
42$5,638,459$2,740,291$2,182,484$4,438,367
43$6,151,684$2,812,668$2,193,700$4,744,959
44$6,715,309$2,886,642$2,203,342$5,078,854
45$7,334,413$2,962,230$2,211,296$5,442,739
46$8,014,590$3,039,446$2,217,442$5,839,572
47$8,762,006$3,118,307$2,221,654$6,272,613
48$9,583,451$3,198,824$2,223,800$6,745,450
49$10,486,406$3,281,010$2,223,740$7,262,036
50$11,479,115$3,364,874$2,221,330$7,826,725
51$12,570,657$3,450,426$2,216,417$8,444,314
52$13,771,038$3,537,670$2,208,841$9,120,086
53$15,091,279$3,626,612$2,198,433$9,859,862
54$16,543,527$3,717,253$2,185,018$10,670,055
55$18,141,162$3,809,594$2,168,411$11,557,729
56$19,898,926$3,903,630$2,148,419$12,530,667
57$21,833,065$3,999,356$2,124,839$13,597,445
58$23,961,476$4,096,762$2,097,459$14,767,510
59$26,303,880$4,195,837$2,066,058$16,051,272
60$28,882,007$4,296,564$2,030,402$17,460,201
61$31,719,799$4,398,923$1,990,248$19,006,936
62$34,843,638$4,502,891$1,945,341$20,705,401
63$38,282,595$4,608,438$1,895,415$22,570,941
64$42,068,700$4,715,531$1,840,192$24,620,463
65$46,237,247$4,824,132$1,779,378$26,872,598
66$50,827,129$4,934,198$1,712,670$29,347,875
67$55,881,200$5,045,677$1,639,749$32,068,917
68$61,446,682$5,158,515$1,560,280$35,060,651
69$67,575,609$5,272,648$1,473,915$38,350,548
70$74,325,320$5,388,006$1,380,290$41,968,877
71$81,758,997$5,504,513$1,279,024$45,948,996
72$89,946,263$5,622,082$1,169,719$50,327,663
73$98,963,837$5,740,619$1,051,960$55,145,387
74$108,896,259$5,860,021$925,312$60,446,805
75$119,836,690$5,980,174$789,321$66,281,109
76$131,887,784$6,100,954$643,515$72,702,508
77$145,162,663$6,222,226$487,399$79,770,739
78$159,785,984$6,343,845$320,456$87,551,633
79$175,895,111$6,465,649$142,147$96,117,738
80$193,641,413$6,587,467$0$105,549,001
81$213,191,696$6,709,112$0$115,937,119
82$234,729,772$6,830,381$0$127,387,151
83$258,458,196$6,951,057$0$139,995,510
84$284,600,178$7,070,905$0$153,880,154
85$313,401,688$7,189,671$0$169,171,071
86$345,133,779$7,307,084$0$186,011,510
87$380,095,145$7,422,852$0$204,559,330
88$418,614,939$7,536,661$0$224,988,491
89$461,055,879$7,648,174$0$247,490,699
90$507,817,676$7,757,030$0$272,277,212
91$559,340,799$7,862,845$0$299,580,842
92$616,110,641$7,965,205$0$329,658,146
93$678,662,095$8,063,669$0$362,791,852
94$747,584,605$8,157,765$0$399,293,530
95$823,527,728$8,246,989$0$439,506,532
96$907,207,269$8,330,804$0$483,809,237
97$999,412,034$8,408,638$0$532,618,621
98$1,101,011,279$8,479,878$0$586,394,196
99$1,212,962,911$8,543,874$0$645,642,352
100$1,336,322,538$8,599,933$0$710,921,134