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%13.7%
1 years$156,074$154,684$153,328$152,004$150,711$148,398
2 years$77,265$75,826$74,431$73,079$71,767$69,442
3 years$50,998$49,553$48,162$46,822$45,532$43,268
4 years$37,867$36,427$35,049$33,733$32,474$30,287
5 years$29,991$28,559$27,200$25,910$24,686$22,584
6 years$24,742$23,320$21,981$20,720$19,533$17,518
7 years$20,994$19,585$18,267$17,035$15,886$13,958
8 years$18,184$16,788$15,492$14,291$13,179$11,338
9 years$16,000$14,617$13,343$12,172$11,098$9,344
10 years$14,254$12,884$11,633$10,493$9,456$7,787
11 years$12,826$11,470$10,241$9,132$8,133$6,547
12 years$11,637$10,295$9,089$8,010$7,048$5,543
13 years$10,632$9,303$8,120$7,071$6,146$4,720
14 years$9,771$8,456$7,296$6,277$5,387$4,038
15 years$9,025$7,725$6,587$5,598$4,743$3,469
16 years$8,373$7,088$5,972$5,013$4,192$2,989
17 years$7,799$6,527$5,435$4,504$3,717$2,583
18 years$7,289$6,032$4,961$4,059$3,305$2,238
19 years$6,833$5,590$4,542$3,667$2,946$1,942
20 years$6,424$5,195$4,168$3,322$2,631$1,689
21 years$6,053$4,839$3,834$3,015$2,355$1,471
22 years$5,717$4,517$3,534$2,741$2,111$1,282
23 years$5,411$4,224$3,263$2,496$1,895$1,119
24 years$5,130$3,958$3,017$2,277$1,703$978
25 years$4,873$3,714$2,795$2,079$1,532$855
26 years$4,635$3,491$2,592$1,901$1,380$748
27 years$4,416$3,285$2,407$1,740$1,245$655
28 years$4,212$3,096$2,237$1,594$1,123$574
29 years$4,023$2,920$2,082$1,462$1,014$503
30 years$3,847$2,758$1,939$1,342$916$441
31 years$3,683$2,607$1,808$1,232$828$387
32 years$3,529$2,467$1,687$1,133$749$340
33 years$3,385$2,336$1,575$1,041$678$298
34 years$3,249$2,214$1,472$958$614$262
35 years$3,122$2,100$1,376$882$556$230
36 years$3,002$1,993$1,287$812$504$202
37 years$2,888$1,893$1,205$749$457$177
38 years$2,781$1,799$1,128$690$414$156
39 years$2,680$1,711$1,057$636$375$137
40 years$2,584$1,628$991$587$341$120
41 years$2,493$1,550$929$541$309$106
42 years$2,406$1,476$871$500$280$93
43 years$2,324$1,406$818$461$254$82
44 years$2,246$1,340$768$426$231$72
45 years$2,171$1,278$721$393$210$63
46 years$2,100$1,219$677$363$190$56
47 years$2,032$1,164$636$336$173$49
48 years$1,967$1,111$598$310$157$43
49 years$1,905$1,061$562$287$143$38
50 years$1,845$1,013$528$265$129$33

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 $2,700 every year, while hoping to spend $41,993 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: 84/10/6 Blend
29$1,890,000$1,890,000$1,890,000$1,890,000
30$2,085,565$1,985,395$1,956,100$2,259,874
31$2,253,612$2,037,999$1,976,949$2,426,638
32$2,437,393$2,091,773$1,997,089$2,603,780
33$2,638,468$2,146,731$2,016,452$2,797,011
34$2,858,555$2,202,884$2,034,967$3,007,918
35$3,099,546$2,260,244$2,052,556$3,238,250
36$3,363,525$2,318,821$2,069,142$3,489,930
37$3,652,786$2,378,624$2,084,640$3,765,080
38$3,969,856$2,439,663$2,098,962$4,066,034
39$4,317,519$2,501,945$2,112,015$4,395,363
40$4,698,840$2,565,474$2,123,701$4,755,900
41$5,117,195$2,630,255$2,133,918$5,150,764
42$5,576,303$2,696,292$2,142,559$5,583,392
43$6,080,260$2,763,585$2,149,509$6,057,569
44$6,633,579$2,832,133$2,154,650$6,577,464
45$7,241,231$2,901,933$2,157,857$7,147,670
46$7,908,690$2,972,982$2,158,998$7,773,248
47$8,641,988$3,045,270$2,157,937$8,459,773
48$9,447,772$3,118,789$2,154,529$9,213,385
49$10,333,360$3,193,526$2,148,622$10,040,852
50$11,306,820$3,269,465$2,140,057$10,949,626
51$12,377,035$3,346,588$2,128,668$11,947,922
52$13,553,794$3,424,873$2,114,281$13,044,787
53$14,847,884$3,504,294$2,096,712$14,250,192
54$16,271,187$3,584,823$2,075,770$15,575,121
55$17,836,794$3,666,426$2,051,254$17,031,678
56$19,559,130$3,749,064$2,022,955$18,633,199
57$21,454,089$3,832,695$1,990,651$20,394,377
58$23,539,181$3,917,272$1,954,113$22,331,403
59$25,833,701$4,002,742$1,913,099$24,462,118
60$28,358,908$4,089,046$1,867,358$26,806,179
61$31,138,226$4,176,119$1,816,624$29,385,246
62$34,197,466$4,263,890$1,760,622$32,223,189
63$37,565,068$4,352,281$1,699,063$35,346,306
64$41,272,368$4,441,206$1,631,645$38,783,579
65$45,353,896$4,530,571$1,558,051$42,566,941
66$49,847,700$4,620,276$1,477,952$46,731,583
67$54,795,704$4,710,209$1,391,003$51,316,280
68$60,244,107$4,800,250$1,296,842$56,363,761
69$66,243,813$4,890,269$1,195,093$61,921,113
70$72,850,915$4,980,125$1,085,362$68,040,220
71$80,127,224$5,069,667$967,238$74,778,259
72$88,140,850$5,158,730$840,289$82,198,233
73$96,966,846$5,247,137$704,069$90,369,573
74$106,687,917$5,334,699$558,107$99,368,788
75$117,395,196$5,421,211$401,915$109,280,186
76$129,189,108$5,506,452$234,982$120,196,675
77$142,180,317$5,590,189$56,773$132,220,636
78$156,490,768$5,672,166$0$145,464,892
79$172,254,838$5,752,114$0$160,062,310
80$189,620,607$5,829,744$0$176,145,789
81$208,751,252$5,904,743$0$193,862,708
82$229,826,586$5,976,783$0$213,379,483
83$253,044,760$6,045,507$0$234,879,501
84$278,624,127$6,110,539$0$258,564,847
85$306,805,307$6,171,474$0$284,658,217
86$337,853,455$6,227,883$0$313,405,014
87$372,060,765$6,279,307$0$345,075,668
88$409,749,229$6,325,258$0$379,968,189
89$451,273,670$6,365,216$0$418,410,978
90$497,025,101$6,398,628$0$460,765,927
91$547,434,405$6,424,905$0$507,431,837
92$602,976,410$6,443,420$0$558,848,179
93$664,174,365$6,453,510$0$615,499,246
94$731,604,884$6,454,466$0$677,918,724
95$805,903,386$6,445,538$0$746,694,728
96$887,770,091$6,425,929$0$822,475,355
97$977,976,633$6,394,792$0$905,974,804
98$1,077,373,344$6,351,231$0$997,980,115
99$1,186,897,276$6,294,293$0$1,099,358,600
100$1,307,581,053$6,222,968$0$1,211,066,031