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

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$157,726$156,321$154,950$153,612$152,306$149,109
2 years$78,082$76,628$75,219$73,852$72,527$69,321
3 years$51,538$50,077$48,671$47,318$46,014$42,899
4 years$38,268$36,812$35,420$34,090$32,818$29,818
5 years$30,308$28,861$27,488$26,184$24,947$22,071
6 years$25,004$23,567$22,214$20,940$19,740$16,991
7 years$21,216$19,792$18,460$17,216$16,054$13,432
8 years$18,377$16,965$15,656$14,442$13,318$10,823
9 years$16,169$14,771$13,484$12,301$11,216$8,845
10 years$14,405$13,020$11,756$10,604$9,557$7,308
11 years$12,962$11,591$10,350$9,228$8,219$6,090
12 years$11,760$10,404$9,185$8,095$7,122$5,110
13 years$10,744$9,402$8,206$7,146$6,211$4,311
14 years$9,874$8,546$7,373$6,344$5,444$3,654
15 years$9,121$7,807$6,657$5,657$4,794$3,108
16 years$8,462$7,163$6,036$5,066$4,237$2,652
17 years$7,882$6,597$5,492$4,551$3,756$2,269
18 years$7,366$6,095$5,014$4,102$3,340$1,946
19 years$6,906$5,649$4,590$3,706$2,977$1,672
20 years$6,491$5,250$4,212$3,357$2,659$1,438
21 years$6,117$4,890$3,874$3,046$2,380$1,239
22 years$5,778$4,564$3,571$2,770$2,133$1,069
23 years$5,468$4,269$3,297$2,523$1,915$923
24 years$5,185$4,000$3,049$2,301$1,721$798
25 years$4,924$3,754$2,824$2,101$1,549$690
26 years$4,684$3,528$2,619$1,921$1,395$597
27 years$4,463$3,320$2,432$1,759$1,258$517
28 years$4,257$3,128$2,261$1,611$1,135$448
29 years$4,066$2,951$2,104$1,478$1,025$388
30 years$3,888$2,787$1,960$1,356$926$336
31 years$3,722$2,635$1,827$1,245$837$292
32 years$3,566$2,493$1,705$1,145$757$253
33 years$3,421$2,361$1,592$1,052$685$219
34 years$3,284$2,238$1,487$968$620$190
35 years$3,155$2,122$1,391$891$562$165
36 years$3,034$2,014$1,301$821$509$143
37 years$2,919$1,913$1,218$756$461$124
38 years$2,811$1,818$1,140$697$418$108
39 years$2,708$1,729$1,068$643$379$94
40 years$2,611$1,645$1,001$593$344$81
41 years$2,519$1,566$939$547$312$71
42 years$2,432$1,491$881$505$283$61
43 years$2,349$1,421$826$466$257$53
44 years$2,269$1,354$776$430$233$46
45 years$2,194$1,292$728$397$212$40
46 years$2,122$1,232$684$367$192$35
47 years$2,053$1,176$643$339$175$30
48 years$1,988$1,122$604$313$159$26
49 years$1,925$1,072$568$290$144$23
50 years$1,865$1,024$534$268$131$20

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 $6,355 every year, while hoping to spend $33,534 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: 37/37/26 Blend
29$1,910,000$1,910,000$1,910,000$1,910,000
30$2,111,375$2,010,145$1,980,540$2,172,857
31$2,291,056$2,072,962$2,011,208$2,281,470
32$2,487,939$2,137,734$2,041,780$2,395,174
33$2,703,746$2,204,520$2,072,216$2,517,343
34$2,940,369$2,273,382$2,102,477$2,648,759
35$3,199,894$2,344,385$2,132,517$2,790,288
36$3,484,619$2,417,595$2,162,292$2,942,880
37$3,797,072$2,493,080$2,191,751$3,107,578
38$4,140,043$2,570,910$2,220,844$3,285,534
39$4,516,600$2,651,157$2,249,514$3,478,012
40$4,930,125$2,733,896$2,277,705$3,686,404
41$5,384,344$2,819,203$2,305,355$3,912,243
42$5,883,360$2,907,157$2,332,398$4,157,216
43$6,431,696$2,997,841$2,358,766$4,423,179
44$7,034,331$3,091,337$2,384,387$4,712,176
45$7,696,753$3,187,733$2,409,184$5,026,458
46$8,425,007$3,287,117$2,433,076$5,368,502
47$9,225,753$3,389,581$2,455,980$5,741,038
48$10,106,329$3,495,220$2,477,805$6,147,069
49$11,074,820$3,604,131$2,498,456$6,589,906
50$12,140,133$3,716,414$2,517,836$7,073,191
51$13,312,081$3,832,174$2,535,838$7,600,939
52$14,601,479$3,951,515$2,552,354$8,177,571
53$16,020,239$4,074,549$2,567,267$8,807,956
54$17,581,489$4,201,388$2,580,456$9,497,458
55$19,299,693$4,332,148$2,591,794$10,251,985
56$21,190,788$4,466,949$2,601,145$11,078,046
57$23,272,334$4,605,915$2,608,369$11,982,811
58$25,563,681$4,749,174$2,613,318$12,974,180
59$28,086,148$4,896,855$2,615,836$14,060,855
60$30,863,229$5,049,095$2,615,760$15,252,423
61$33,920,809$5,206,031$2,612,919$16,559,447
62$37,287,412$5,367,808$2,607,133$17,993,566
63$40,994,470$5,534,572$2,598,213$19,567,601
64$45,076,615$5,706,475$2,585,962$21,295,679
65$49,572,012$5,883,674$2,570,174$23,193,368
66$54,522,712$6,066,330$2,550,630$25,277,818
67$59,975,057$6,254,607$2,527,104$27,567,926
68$65,980,107$6,448,678$2,499,357$30,084,516
69$72,594,133$6,648,718$2,467,140$32,850,531
70$79,879,136$6,854,907$2,430,191$35,891,254
71$87,903,443$7,067,432$2,388,237$39,234,542
72$96,742,343$7,286,485$2,340,992$42,911,092
73$106,478,802$7,512,263$2,288,155$46,954,728
74$117,204,245$7,744,969$2,229,414$51,402,723
75$129,019,419$7,984,813$2,164,440$56,296,149
76$142,035,341$8,232,011$2,092,890$61,680,264
77$156,374,349$8,486,783$2,014,405$67,604,939
78$172,171,256$8,749,358$1,928,611$74,125,132
79$189,574,618$9,019,971$1,835,114$81,301,400
80$208,748,144$9,298,864$1,733,504$89,200,478
81$229,872,231$9,586,285$1,623,353$97,895,903
82$253,145,677$9,882,491$1,504,214$107,468,713
83$278,787,548$10,187,745$1,375,617$118,008,205
84$307,039,252$10,502,318$1,237,074$129,612,786
85$338,166,813$10,826,490$1,088,074$142,390,897
86$372,463,388$11,160,547$928,084$156,462,036
87$410,252,024$11,504,785$756,546$171,957,890
88$451,888,719$11,859,508$572,879$189,023,574
89$497,765,774$12,225,029$376,475$207,819,003
90$548,315,496$12,601,669$166,700$228,520,402
91$604,014,285$12,989,759$0$251,321,968
92$665,387,124$13,389,639$0$276,453,566
93$733,012,540$13,801,661$0$304,185,549
94$807,528,060$14,226,183$0$334,731,708
95$889,636,232$14,663,576$0$368,378,641
96$980,111,258$15,114,221$0$405,442,167
97$1,079,806,298$15,578,511$0$446,270,305
98$1,189,661,529$16,056,846$0$491,246,556
99$1,310,713,016$16,549,642$0$540,793,526
100$1,444,102,493$17,057,325$0$595,376,908