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%17.3%
1 years$157,726$156,321$154,950$153,612$152,306$147,786
2 years$78,082$76,628$75,219$73,852$72,527$68,010
3 years$51,538$50,077$48,671$47,318$46,014$41,642
4 years$38,268$36,812$35,420$34,090$32,818$28,625
5 years$30,308$28,861$27,488$26,184$24,947$20,944
6 years$25,004$23,567$22,214$20,940$19,740$15,931
7 years$21,216$19,792$18,460$17,216$16,054$12,438
8 years$18,377$16,965$15,656$14,442$13,318$9,894
9 years$16,169$14,771$13,484$12,301$11,216$7,979
10 years$14,405$13,020$11,756$10,604$9,557$6,503
11 years$12,962$11,591$10,350$9,228$8,219$5,344
12 years$11,760$10,404$9,185$8,095$7,122$4,419
13 years$10,744$9,402$8,206$7,146$6,211$3,674
14 years$9,874$8,546$7,373$6,344$5,444$3,067
15 years$9,121$7,807$6,657$5,657$4,794$2,569
16 years$8,462$7,163$6,036$5,066$4,237$2,158
17 years$7,882$6,597$5,492$4,551$3,756$1,817
18 years$7,366$6,095$5,014$4,102$3,340$1,533
19 years$6,906$5,649$4,590$3,706$2,977$1,296
20 years$6,491$5,250$4,212$3,357$2,659$1,096
21 years$6,117$4,890$3,874$3,046$2,380$929
22 years$5,778$4,564$3,571$2,770$2,133$788
23 years$5,468$4,269$3,297$2,523$1,915$668
24 years$5,185$4,000$3,049$2,301$1,721$568
25 years$4,924$3,754$2,824$2,101$1,549$482
26 years$4,684$3,528$2,619$1,921$1,395$410
27 years$4,463$3,320$2,432$1,759$1,258$349
28 years$4,257$3,128$2,261$1,611$1,135$297
29 years$4,066$2,951$2,104$1,478$1,025$253
30 years$3,888$2,787$1,960$1,356$926$215
31 years$3,722$2,635$1,827$1,245$837$183
32 years$3,566$2,493$1,705$1,145$757$156
33 years$3,421$2,361$1,592$1,052$685$133
34 years$3,284$2,238$1,487$968$620$113
35 years$3,155$2,122$1,391$891$562$96
36 years$3,034$2,014$1,301$821$509$82
37 years$2,919$1,913$1,218$756$461$70
38 years$2,811$1,818$1,140$697$418$60
39 years$2,708$1,729$1,068$643$379$51
40 years$2,611$1,645$1,001$593$344$43
41 years$2,519$1,566$939$547$312$37
42 years$2,432$1,491$881$505$283$31
43 years$2,349$1,421$826$466$257$27
44 years$2,269$1,354$776$430$233$23
45 years$2,194$1,292$728$397$212$19
46 years$2,122$1,232$684$367$192$17
47 years$2,053$1,176$643$339$175$14
48 years$1,988$1,122$604$313$159$12
49 years$1,925$1,072$568$290$144$10
50 years$1,865$1,024$534$268$131$9

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 $4,166 every year, while hoping to spend $36,277 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: 46/38/16 Blend
29$1,910,000$1,910,000$1,910,000$1,910,000
30$2,109,117$2,007,887$1,978,282$2,196,362
31$2,285,649$2,067,675$2,005,956$2,317,299
32$2,478,971$2,129,177$2,033,341$2,444,429
33$2,690,757$2,192,438$2,060,390$2,581,566
34$2,922,852$2,257,506$2,087,051$2,729,657
35$3,177,287$2,324,427$2,113,271$2,889,742
36$3,456,297$2,393,251$2,138,992$3,062,963
37$3,762,347$2,464,027$2,164,156$3,250,580
38$4,098,149$2,536,807$2,188,698$3,453,979
39$4,466,692$2,611,643$2,212,551$3,674,683
40$4,871,268$2,688,587$2,235,645$3,914,372
41$5,315,504$2,767,695$2,257,906$4,174,893
42$5,803,394$2,849,020$2,279,254$4,458,280
43$6,339,339$2,932,621$2,299,608$4,766,773
44$6,928,186$3,018,554$2,318,879$5,102,837
45$7,575,275$3,106,877$2,336,976$5,469,189
46$8,286,491$3,197,652$2,353,803$5,868,819
47$9,068,315$3,290,939$2,369,257$6,305,019
48$9,927,888$3,386,799$2,383,232$6,781,418
49$10,873,077$3,485,297$2,395,615$7,302,011
50$11,912,551$3,586,497$2,406,287$7,871,196
51$13,055,859$3,690,463$2,415,126$8,493,822
52$14,313,524$3,797,263$2,422,000$9,175,227
53$15,697,138$3,906,964$2,426,772$9,921,293
54$17,219,476$4,019,635$2,429,299$10,738,498
55$18,894,611$4,135,346$2,429,429$11,633,979
56$20,738,051$4,254,167$2,427,004$12,615,600
57$22,766,881$4,376,170$2,421,858$13,692,024
58$24,999,929$4,501,428$2,413,816$14,872,794
59$27,457,938$4,630,015$2,402,695$16,168,426
60$30,163,767$4,762,005$2,388,305$17,590,505
61$33,142,602$4,897,474$2,370,444$19,151,795
62$36,422,195$5,036,498$2,348,902$20,866,360
63$40,033,127$5,179,154$2,323,458$22,749,697
64$44,009,094$5,325,520$2,293,881$24,818,880
65$48,387,225$5,475,675$2,259,930$27,092,723
66$53,208,436$5,629,697$2,221,352$29,591,956
67$58,517,811$5,787,666$2,177,881$32,339,421
68$64,365,028$5,949,663$2,129,241$35,360,287
69$70,804,831$6,115,766$2,075,140$38,682,290
70$77,897,543$6,286,058$2,015,277$42,335,990
71$85,709,636$6,460,618$1,949,332$46,355,064
72$94,314,359$6,639,529$1,876,975$50,776,620
73$103,792,427$6,822,869$1,797,857$55,641,550
74$114,232,785$7,010,720$1,711,616$60,994,914
75$125,733,446$7,203,162$1,617,872$66,886,366
76$138,402,416$7,400,275$1,516,228$73,370,623
77$152,358,711$7,602,137$1,406,270$80,507,980
78$167,733,484$7,808,827$1,287,566$88,364,880
79$184,671,261$8,020,421$1,159,661$97,014,544
80$203,331,304$8,236,996$1,022,084$106,537,656
81$223,889,114$8,458,626$874,340$117,023,130
82$246,538,088$8,685,383$715,915$128,568,947
83$271,491,344$8,917,338$546,269$141,283,081
84$298,983,733$9,154,559$364,841$155,284,515
85$329,274,054$9,397,113$171,044$170,704,371
86$362,647,499$9,645,062$0$187,687,142
87$399,418,340$9,898,467$0$206,398,166
88$439,932,903$10,157,384$0$227,038,365
89$484,572,829$10,421,865$0$249,771,991
90$533,758,680$10,691,959$0$274,812,254
91$587,953,910$10,967,710$0$302,394,104
92$647,669,236$11,249,156$0$332,776,448
93$713,467,463$11,536,329$0$366,244,597
94$785,968,791$11,829,256$0$403,112,951
95$865,856,677$12,127,958$0$443,727,976
96$953,884,277$12,432,447$0$488,471,467
97$1,050,881,564$12,742,728$0$537,764,153
98$1,157,763,158$13,058,797$0$592,069,673
99$1,275,536,964$13,380,641$0$651,898,947
100$1,405,313,679$13,708,237$0$717,814,999