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

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$156,074$154,684$153,328$152,004$150,711$147,910
2 years$77,265$75,826$74,431$73,079$71,767$68,956
3 years$50,998$49,553$48,162$46,822$45,532$42,798
4 years$37,867$36,427$35,049$33,733$32,474$29,838
5 years$29,991$28,559$27,200$25,910$24,686$22,156
6 years$24,742$23,320$21,981$20,720$19,533$17,111
7 years$20,994$19,585$18,267$17,035$15,886$13,573
8 years$18,184$16,788$15,492$14,291$13,179$10,975
9 years$16,000$14,617$13,343$12,172$11,098$9,002
10 years$14,254$12,884$11,633$10,493$9,456$7,465
11 years$12,826$11,470$10,241$9,132$8,133$6,244
12 years$11,637$10,295$9,089$8,010$7,048$5,260
13 years$10,632$9,303$8,120$7,071$6,146$4,455
14 years$9,771$8,456$7,296$6,277$5,387$3,791
15 years$9,025$7,725$6,587$5,598$4,743$3,239
16 years$8,373$7,088$5,972$5,013$4,192$2,775
17 years$7,799$6,527$5,435$4,504$3,717$2,385
18 years$7,289$6,032$4,961$4,059$3,305$2,054
19 years$6,833$5,590$4,542$3,667$2,946$1,772
20 years$6,424$5,195$4,168$3,322$2,631$1,532
21 years$6,053$4,839$3,834$3,015$2,355$1,326
22 years$5,717$4,517$3,534$2,741$2,111$1,149
23 years$5,411$4,224$3,263$2,496$1,895$997
24 years$5,130$3,958$3,017$2,277$1,703$865
25 years$4,873$3,714$2,795$2,079$1,532$752
26 years$4,635$3,491$2,592$1,901$1,380$654
27 years$4,416$3,285$2,407$1,740$1,245$569
28 years$4,212$3,096$2,237$1,594$1,123$495
29 years$4,023$2,920$2,082$1,462$1,014$431
30 years$3,847$2,758$1,939$1,342$916$376
31 years$3,683$2,607$1,808$1,232$828$327
32 years$3,529$2,467$1,687$1,133$749$285
33 years$3,385$2,336$1,575$1,041$678$249
34 years$3,249$2,214$1,472$958$614$217
35 years$3,122$2,100$1,376$882$556$189
36 years$3,002$1,993$1,287$812$504$165
37 years$2,888$1,893$1,205$749$457$144
38 years$2,781$1,799$1,128$690$414$126
39 years$2,680$1,711$1,057$636$375$110
40 years$2,584$1,628$991$587$341$96
41 years$2,493$1,550$929$541$309$84
42 years$2,406$1,476$871$500$280$73
43 years$2,324$1,406$818$461$254$64
44 years$2,246$1,340$768$426$231$56
45 years$2,171$1,278$721$393$210$49
46 years$2,100$1,219$677$363$190$42
47 years$2,032$1,164$636$336$173$37
48 years$1,967$1,111$598$310$157$32
49 years$1,905$1,061$562$287$143$28
50 years$1,845$1,013$528$265$129$25

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 $4,564 every year, while hoping to spend $54,523 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: 57/18/25 Blend
29$1,890,000$1,890,000$1,890,000$1,890,000
30$2,087,488$1,987,318$1,958,023$2,192,029
31$2,242,399$2,026,684$1,965,604$2,303,453
32$2,411,285$2,066,152$1,971,613$2,418,679
33$2,595,511$2,105,669$1,975,937$2,543,120
34$2,796,585$2,145,179$1,978,463$2,677,681
35$3,016,162$2,184,618$1,979,067$2,823,361
36$3,256,068$2,223,921$1,977,623$2,981,259
37$3,518,310$2,263,017$1,973,996$3,152,589
38$3,805,100$2,301,826$1,968,047$3,338,690
39$4,118,871$2,340,267$1,959,628$3,541,037
40$4,462,306$2,378,250$1,948,585$3,761,257
41$4,838,355$2,415,678$1,934,757$4,001,145
42$5,250,269$2,452,448$1,917,973$4,262,679
43$5,701,628$2,488,450$1,898,057$4,548,041
44$6,196,374$2,523,564$1,874,822$4,859,637
45$6,738,850$2,557,664$1,848,074$5,200,122
46$7,333,837$2,590,615$1,817,609$5,572,420
47$7,986,603$2,622,269$1,783,213$5,979,758
48$8,702,950$2,652,474$1,744,664$6,425,693
49$9,489,268$2,681,062$1,701,728$6,914,148
50$10,352,597$2,707,858$1,654,159$7,449,449
51$11,300,691$2,732,672$1,601,703$8,036,366
52$12,342,093$2,755,305$1,544,092$8,680,156
53$13,486,213$2,775,541$1,481,045$9,386,619
54$14,743,418$2,793,154$1,412,271$10,162,148
55$16,125,129$2,807,901$1,337,464$11,013,793
56$17,643,927$2,819,523$1,256,305$11,949,326
57$19,313,675$2,827,747$1,168,458$12,977,316
58$21,149,644$2,832,281$1,073,576$14,107,211
59$23,168,661$2,832,815$971,294$15,349,428
60$25,389,262$2,829,021$861,230$16,715,450
61$27,831,873$2,820,549$742,987$18,217,939
62$30,518,996$2,807,029$616,150$19,870,853
63$33,475,427$2,788,066$480,284$21,689,581
64$36,728,484$2,763,244$334,936$23,691,086
65$40,308,267$2,732,121$179,634$25,894,072
66$44,247,942$2,694,227$13,885$28,319,154
67$48,584,054$2,649,066$0$30,989,061
68$53,356,868$2,596,111$0$33,972,329
69$58,610,752$2,534,804$0$37,259,874
70$64,394,594$2,464,555$0$40,878,585
71$70,762,263$2,384,738$0$44,862,180
72$77,773,116$2,294,692$0$49,247,818
73$85,492,558$2,193,717$0$54,076,449
74$93,992,661$2,081,071$0$59,393,204
75$103,352,840$1,955,971$0$65,247,816
76$113,660,604$1,817,588$0$71,695,096
77$125,012,382$1,665,046$0$78,795,449
78$137,514,432$1,497,420$0$86,615,442
79$151,283,840$1,313,729$0$95,228,436
80$166,449,630$1,112,941$0$104,715,281
81$183,153,978$893,961$0$115,165,073
82$201,553,554$655,635$0$126,676,005
83$221,820,999$396,744$0$139,356,288
84$244,146,557$116,000$0$153,325,176
85$268,739,866$0$0$168,714,093
86$295,831,939$0$0$185,705,105
87$325,677,343$0$0$204,448,455
88$358,556,599$0$0$225,097,372
89$394,778,836$0$0$247,846,027
90$434,684,698$0$0$272,908,390
91$478,649,569$0$0$300,520,248
92$527,087,108$0$0$330,941,435
93$580,453,157$0$0$364,458,279
94$639,250,043$0$0$401,386,307
95$704,031,318$0$0$442,073,221
96$775,406,982$0$0$486,902,185
97$854,049,245$0$0$536,295,435
98$940,698,867$0$0$590,718,266
99$1,036,172,153$0$0$650,683,428
100$1,141,368,658$0$0$716,755,962