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%11.6%
1 years$157,726$156,321$154,950$153,612$152,306$151,283
2 years$78,082$76,628$75,219$73,852$72,527$71,495
3 years$51,538$50,077$48,671$47,318$46,014$45,005
4 years$38,268$36,812$35,420$34,090$32,818$31,840
5 years$30,308$28,861$27,488$26,184$24,947$24,003
6 years$25,004$23,567$22,214$20,940$19,740$18,831
7 years$21,216$19,792$18,460$17,216$16,054$15,181
8 years$18,377$16,965$15,656$14,442$13,318$12,480
9 years$16,169$14,771$13,484$12,301$11,216$10,413
10 years$14,405$13,020$11,756$10,604$9,557$8,789
11 years$12,962$11,591$10,350$9,228$8,219$7,486
12 years$11,760$10,404$9,185$8,095$7,122$6,423
13 years$10,744$9,402$8,206$7,146$6,211$5,544
14 years$9,874$8,546$7,373$6,344$5,444$4,810
15 years$9,121$7,807$6,657$5,657$4,794$4,191
16 years$8,462$7,163$6,036$5,066$4,237$3,664
17 years$7,882$6,597$5,492$4,551$3,756$3,214
18 years$7,366$6,095$5,014$4,102$3,340$2,826
19 years$6,906$5,649$4,590$3,706$2,977$2,490
20 years$6,491$5,250$4,212$3,357$2,659$2,199
21 years$6,117$4,890$3,874$3,046$2,380$1,945
22 years$5,778$4,564$3,571$2,770$2,133$1,723
23 years$5,468$4,269$3,297$2,523$1,915$1,528
24 years$5,185$4,000$3,049$2,301$1,721$1,357
25 years$4,924$3,754$2,824$2,101$1,549$1,206
26 years$4,684$3,528$2,619$1,921$1,395$1,073
27 years$4,463$3,320$2,432$1,759$1,258$956
28 years$4,257$3,128$2,261$1,611$1,135$852
29 years$4,066$2,951$2,104$1,478$1,025$759
30 years$3,888$2,787$1,960$1,356$926$677
31 years$3,722$2,635$1,827$1,245$837$604
32 years$3,566$2,493$1,705$1,145$757$540
33 years$3,421$2,361$1,592$1,052$685$482
34 years$3,284$2,238$1,487$968$620$431
35 years$3,155$2,122$1,391$891$562$385
36 years$3,034$2,014$1,301$821$509$344
37 years$2,919$1,913$1,218$756$461$308
38 years$2,811$1,818$1,140$697$418$275
39 years$2,708$1,729$1,068$643$379$246
40 years$2,611$1,645$1,001$593$344$220
41 years$2,519$1,566$939$547$312$197
42 years$2,432$1,491$881$505$283$176
43 years$2,349$1,421$826$466$257$158
44 years$2,269$1,354$776$430$233$141
45 years$2,194$1,292$728$397$212$127
46 years$2,122$1,232$684$367$192$113
47 years$2,053$1,176$643$339$175$102
48 years$1,988$1,122$604$313$159$91
49 years$1,925$1,072$568$290$144$81
50 years$1,865$1,024$534$268$131$73

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 $3,232 every year, while hoping to spend $46,001 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: 74/17/9 Blend
29$1,910,000$1,910,000$1,910,000$1,910,000
30$2,108,154$2,006,924$1,977,319$2,260,683
31$2,274,241$2,056,318$1,994,614$2,411,080
32$2,455,727$2,106,592$2,010,947$2,569,696
33$2,654,134$2,157,738$2,026,237$2,742,175
34$2,871,139$2,209,750$2,040,399$2,929,873
35$3,108,586$2,262,618$2,053,343$3,134,285
36$3,368,507$2,316,332$2,064,975$3,357,057
37$3,653,139$2,370,877$2,075,197$3,600,004
38$3,964,947$2,426,238$2,083,904$3,865,121
39$4,306,644$2,482,396$2,090,987$4,154,607
40$4,681,218$2,539,329$2,096,331$4,470,887
41$5,091,961$2,597,015$2,099,817$4,816,627
42$5,542,496$2,655,424$2,101,316$5,194,768
43$6,036,818$2,714,527$2,100,698$5,608,548
44$6,579,324$2,774,289$2,097,821$6,061,535
45$7,174,858$2,834,672$2,092,541$6,557,658
46$7,828,756$2,895,634$2,084,704$7,101,248
47$8,546,898$2,957,128$2,074,150$7,697,076
48$9,335,757$3,019,103$2,060,709$8,350,396
49$10,202,467$3,081,502$2,044,207$9,067,001
50$11,154,888$3,144,265$2,024,457$9,853,270
51$12,201,676$3,207,324$2,001,266$10,716,235
52$13,352,370$3,270,606$1,974,431$11,663,640
53$14,617,478$3,334,031$1,943,740$12,704,023
54$16,008,576$3,397,514$1,908,971$13,846,787
55$17,538,420$3,460,961$1,869,891$15,102,297
56$19,221,062$3,524,272$1,826,256$16,481,972
57$21,071,986$3,587,338$1,777,811$17,998,395
58$23,108,252$3,650,040$1,724,291$19,665,432
59$25,348,654$3,712,253$1,665,415$21,498,363
60$27,813,904$3,773,840$1,600,893$23,514,025
61$30,526,819$3,834,655$1,530,420$25,730,972
62$33,512,542$3,894,541$1,453,677$28,169,650
63$36,798,777$3,953,328$1,370,330$30,852,590
64$40,416,048$4,010,837$1,280,032$33,804,619
65$44,397,990$4,066,874$1,182,419$37,053,100
66$48,781,665$4,121,230$1,077,110$40,628,181
67$53,607,909$4,173,685$963,708$44,563,090
68$58,921,722$4,224,002$841,798$48,894,440
69$64,772,687$4,271,927$710,947$53,662,582
70$71,215,440$4,317,190$570,703$58,911,980
71$78,310,186$4,359,504$420,592$64,691,635
72$86,123,265$4,398,559$260,122$71,055,546
73$94,727,779$4,434,030$88,778$78,063,221
74$104,204,282$4,465,568$0$85,780,238
75$114,641,538$4,492,800$0$94,287,897
76$126,137,360$4,515,331$0$103,666,490
77$138,799,530$4,532,742$0$113,995,303
78$152,746,821$4,544,585$0$125,371,112
79$168,110,112$4,550,385$0$137,900,561
80$185,033,626$4,549,637$0$151,701,174
81$203,676,293$4,541,806$0$166,902,455
82$224,213,242$4,526,322$0$183,647,120
83$246,837,462$4,502,581$0$202,092,439
84$271,761,618$4,469,942$0$222,411,721
85$299,220,060$4,427,727$0$244,795,954
86$329,471,035$4,375,213$0$269,455,603
87$362,799,120$4,311,638$0$296,622,600
88$399,517,914$4,236,193$0$326,552,534
89$439,972,994$4,148,019$0$359,527,062
90$484,545,175$4,046,208$0$395,856,572
91$533,654,110$3,929,799$0$435,883,107
92$587,762,244$3,797,774$0$479,983,603
93$647,379,183$3,649,055$0$528,573,440
94$713,066,504$3,482,502$0$582,110,369
95$785,443,052$3,296,910$0$641,098,833
96$865,190,787$3,091,002$0$706,094,727
97$953,061,216$2,863,430$0$777,710,649
98$1,049,882,489$2,612,767$0$856,621,687
99$1,156,567,216$2,337,506$0$943,571,785
100$1,274,121,083$2,036,054$0$1,039,380,775