Can I retire at age 30 with 1,910,000?

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$157,726$156,321$154,950$153,612$152,306$148,443
2 years$78,082$76,628$75,219$73,852$72,527$68,660
3 years$51,538$50,077$48,671$47,318$46,014$42,265
4 years$38,268$36,812$35,420$34,090$32,818$29,214
5 years$30,308$28,861$27,488$26,184$24,947$21,500
6 years$25,004$23,567$22,214$20,940$19,740$16,452
7 years$21,216$19,792$18,460$17,216$16,054$12,925
8 years$18,377$16,965$15,656$14,442$13,318$10,348
9 years$16,169$14,771$13,484$12,301$11,216$8,401
10 years$14,405$13,020$11,756$10,604$9,557$6,894
11 years$12,962$11,591$10,350$9,228$8,219$5,705
12 years$11,760$10,404$9,185$8,095$7,122$4,753
13 years$10,744$9,402$8,206$7,146$6,211$3,980
14 years$9,874$8,546$7,373$6,344$5,444$3,348
15 years$9,121$7,807$6,657$5,657$4,794$2,826
16 years$8,462$7,163$6,036$5,066$4,237$2,393
17 years$7,882$6,597$5,492$4,551$3,756$2,031
18 years$7,366$6,095$5,014$4,102$3,340$1,728
19 years$6,906$5,649$4,590$3,706$2,977$1,472
20 years$6,491$5,250$4,212$3,357$2,659$1,256
21 years$6,117$4,890$3,874$3,046$2,380$1,073
22 years$5,778$4,564$3,571$2,770$2,133$918
23 years$5,468$4,269$3,297$2,523$1,915$786
24 years$5,185$4,000$3,049$2,301$1,721$673
25 years$4,924$3,754$2,824$2,101$1,549$577
26 years$4,684$3,528$2,619$1,921$1,395$495
27 years$4,463$3,320$2,432$1,759$1,258$425
28 years$4,257$3,128$2,261$1,611$1,135$365
29 years$4,066$2,951$2,104$1,478$1,025$313
30 years$3,888$2,787$1,960$1,356$926$269
31 years$3,722$2,635$1,827$1,245$837$231
32 years$3,566$2,493$1,705$1,145$757$199
33 years$3,421$2,361$1,592$1,052$685$171
34 years$3,284$2,238$1,487$968$620$147
35 years$3,155$2,122$1,391$891$562$126
36 years$3,034$2,014$1,301$821$509$109
37 years$2,919$1,913$1,218$756$461$93
38 years$2,811$1,818$1,140$697$418$80
39 years$2,708$1,729$1,068$643$379$69
40 years$2,611$1,645$1,001$593$344$59
41 years$2,519$1,566$939$547$312$51
42 years$2,432$1,491$881$505$283$44
43 years$2,349$1,421$826$466$257$38
44 years$2,269$1,354$776$430$233$33
45 years$2,194$1,292$728$397$212$28
46 years$2,122$1,232$684$367$192$24
47 years$2,053$1,176$643$339$175$21
48 years$1,988$1,122$604$313$159$18
49 years$1,925$1,072$568$290$144$15
50 years$1,865$1,024$534$268$131$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,910,000, adding $6,906 every year, while hoping to spend $52,136 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: 66/23/11 Blend
29$1,910,000$1,910,000$1,910,000$1,910,000
30$2,111,944$2,010,714$1,981,109$2,245,820
31$2,271,889$2,053,766$1,992,003$2,378,928
32$2,446,403$2,097,181$2,001,516$2,517,554
33$2,636,913$2,140,921$2,009,544$2,667,731
34$2,844,997$2,184,945$2,015,983$2,830,581
35$3,072,388$2,229,208$2,020,719$3,007,343
36$3,320,994$2,273,662$2,023,636$3,199,379
37$3,592,918$2,318,254$2,024,610$3,408,192
38$3,890,473$2,362,926$2,023,512$3,635,436
39$4,216,208$2,407,615$2,020,206$3,882,934
40$4,572,928$2,452,256$2,014,550$4,152,696
41$4,963,724$2,496,773$2,006,395$4,446,933
42$5,391,998$2,541,089$1,995,583$4,768,084
43$5,861,499$2,585,119$1,981,952$5,118,837
44$6,376,353$2,628,771$1,965,329$5,502,151
45$6,941,107$2,671,947$1,945,533$5,921,290
46$7,560,768$2,714,541$1,922,377$6,379,848
47$8,240,853$2,756,440$1,895,663$6,881,788
48$8,987,436$2,797,522$1,865,184$7,431,476
49$9,807,210$2,837,656$1,830,723$8,033,723
50$10,707,548$2,876,703$1,792,055$8,693,833
51$11,696,570$2,914,514$1,748,940$9,417,648
52$12,783,222$2,950,928$1,701,133$10,211,611
53$13,977,362$2,985,774$1,648,372$11,082,818
54$15,289,848$3,018,872$1,590,387$12,039,092
55$16,732,640$3,050,025$1,526,893$13,089,056
56$18,318,920$3,079,026$1,457,594$14,242,210
57$20,063,205$3,105,654$1,382,179$15,509,027
58$21,981,494$3,129,673$1,300,324$16,901,048
59$24,091,412$3,150,832$1,211,690$18,430,994
60$26,412,377$3,168,864$1,115,923$20,112,884
61$28,965,785$3,183,484$1,012,652$21,962,169
62$31,775,210$3,194,389$901,490$23,995,879
63$34,866,626$3,201,259$782,035$26,232,781
64$38,268,653$3,203,752$653,864$28,693,561
65$42,012,823$3,201,504$516,537$31,401,017
66$46,133,884$3,194,130$369,593$34,380,275
67$50,670,118$3,181,221$212,553$37,659,027
68$55,663,712$3,162,342$44,915$41,267,794
69$61,161,148$3,137,034$0$45,240,213
70$67,213,643$3,104,807$0$49,629,083
71$73,877,636$3,065,144$0$54,466,185
72$81,215,315$3,017,496$0$59,791,340
73$89,295,205$2,961,281$0$65,654,247
74$98,192,815$2,895,883$0$72,109,676
75$107,991,351$2,820,650$0$79,217,988
76$118,782,498$2,734,891$0$87,045,699
77$130,667,287$2,637,874$0$95,666,114
78$143,757,047$2,528,827$0$105,160,020
79$158,174,456$2,406,930$0$115,616,444
80$174,054,697$2,271,316$0$127,133,499
81$191,546,736$2,121,071$0$139,819,308
82$210,814,725$1,955,225$0$153,793,029
83$232,039,551$1,772,755$0$169,185,978
84$255,420,543$1,572,578$0$186,142,869
85$281,177,355$1,353,550$0$204,823,185
86$309,552,034$1,114,464$0$225,402,679
87$340,811,311$854,042$0$248,075,042
88$375,249,110$570,935$0$273,053,725
89$413,189,329$263,721$0$300,573,962
90$454,988,891$0$0$330,894,987
91$501,041,118$0$0$364,319,978
92$551,779,438$0$0$401,219,909
93$607,681,479$0$0$441,875,421
94$669,273,574$0$0$486,669,325
95$737,135,734$0$0$536,023,469
96$811,907,116$0$0$590,402,722
97$894,292,060$0$0$650,319,363
98$985,066,737$0$0$716,337,911
99$1,085,086,473$0$0$789,080,459
100$1,195,293,824$0$0$869,232,544