Can I retire at age 30 with 1,930,000?

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 $1,930,000?

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 years$159,378$157,958$156,573$155,221$153,901$150,732
2 years$78,900$77,430$76,006$74,625$73,286$70,108
3 years$52,077$50,602$49,181$47,813$46,496$43,407
4 years$38,669$37,198$35,791$34,447$33,161$30,186
5 years$30,626$29,163$27,775$26,458$25,209$22,356
6 years$25,265$23,814$22,447$21,159$19,947$17,219
7 years$21,438$19,999$18,653$17,396$16,222$13,620
8 years$18,569$17,143$15,819$14,593$13,458$10,981
9 years$16,339$14,926$13,625$12,430$11,333$8,980
10 years$14,555$13,156$11,879$10,715$9,657$7,424
11 years$13,097$11,712$10,458$9,325$8,305$6,190
12 years$11,883$10,512$9,281$8,179$7,197$5,197
13 years$10,857$9,500$8,292$7,221$6,276$4,388
14 years$9,977$8,635$7,451$6,410$5,501$3,721
15 years$9,216$7,889$6,727$5,717$4,844$3,168
16 years$8,551$7,238$6,099$5,119$4,281$2,705
17 years$7,964$6,666$5,550$4,599$3,796$2,316
18 years$7,443$6,159$5,066$4,145$3,375$1,988
19 years$6,978$5,708$4,638$3,745$3,008$1,709
20 years$6,559$5,305$4,256$3,392$2,687$1,471
21 years$6,181$4,941$3,915$3,078$2,405$1,269
22 years$5,838$4,612$3,608$2,799$2,155$1,095
23 years$5,525$4,314$3,332$2,549$1,935$946
24 years$5,239$4,042$3,081$2,325$1,739$818
25 years$4,976$3,793$2,854$2,123$1,565$708
26 years$4,733$3,565$2,647$1,941$1,410$613
27 years$4,509$3,355$2,458$1,777$1,271$532
28 years$4,302$3,161$2,285$1,628$1,147$461
29 years$4,108$2,982$2,126$1,493$1,035$400
30 years$3,929$2,816$1,980$1,370$936$347
31 years$3,761$2,662$1,846$1,258$846$301
32 years$3,604$2,519$1,723$1,157$765$261
33 years$3,456$2,386$1,608$1,064$692$227
34 years$3,318$2,261$1,503$979$627$197
35 years$3,188$2,145$1,405$901$568$171
36 years$3,065$2,036$1,314$830$515$149
37 years$2,950$1,933$1,230$764$466$129
38 years$2,840$1,837$1,152$705$423$112
39 years$2,737$1,747$1,079$650$383$97
40 years$2,639$1,662$1,012$599$348$85
41 years$2,546$1,582$949$553$315$74
42 years$2,457$1,507$890$510$286$64
43 years$2,373$1,436$835$471$260$56
44 years$2,293$1,369$784$435$236$48
45 years$2,217$1,305$736$402$214$42
46 years$2,144$1,245$691$371$194$37
47 years$2,075$1,188$649$343$176$32
48 years$2,008$1,134$610$317$160$28
49 years$1,945$1,083$574$293$146$24
50 years$1,884$1,035$539$271$132$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,930,000, adding $4,020 every year, while hoping to spend $50,757 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: 28/46/26 Blend
29$1,930,000$1,930,000$1,930,000$1,930,000
30$2,131,007$2,028,717$1,998,802$2,173,330
31$2,294,364$2,074,119$2,011,756$2,252,603
32$2,472,683$2,120,044$2,023,444$2,333,029
33$2,667,436$2,166,466$2,033,768$2,418,401
34$2,880,243$2,213,351$2,042,629$2,509,178
35$3,112,890$2,260,668$2,049,919$2,605,866
36$3,367,341$2,308,376$2,055,527$2,709,023
37$3,645,760$2,356,436$2,059,337$2,819,266
38$3,950,528$2,404,802$2,061,225$2,937,273
39$4,284,268$2,453,425$2,061,063$3,063,797
40$4,649,870$2,502,249$2,058,716$3,199,667
41$5,050,515$2,551,217$2,054,040$3,345,797
42$5,489,706$2,600,265$2,046,889$3,503,198
43$5,971,301$2,649,323$2,037,105$3,672,986
44$6,499,551$2,698,317$2,024,525$3,856,391
45$7,079,136$2,747,166$2,008,978$4,054,774
46$7,715,213$2,795,782$1,990,284$4,269,635
47$8,413,461$2,844,071$1,968,254$4,502,631
48$9,180,136$2,891,933$1,942,693$4,755,590
49$10,022,130$2,939,258$1,913,393$5,030,530
50$10,947,034$2,985,928$1,880,138$5,329,681
51$11,963,211$3,031,819$1,842,703$5,655,501
52$13,079,876$3,076,795$1,800,851$6,010,705
53$14,307,177$3,120,712$1,754,334$6,398,289
54$15,656,298$3,163,416$1,702,892$6,821,558
55$17,139,557$3,204,740$1,646,256$7,284,162
56$18,770,528$3,244,508$1,584,142$7,790,127
57$20,564,164$3,282,531$1,516,252$8,343,898
58$22,536,941$3,318,607$1,442,279$8,950,376
59$24,707,010$3,352,520$1,361,897$9,614,973
60$27,094,373$3,384,041$1,274,768$10,343,658
61$29,721,065$3,412,925$1,180,539$11,143,017
62$32,611,366$3,438,911$1,078,839$12,020,318
63$35,792,029$3,461,721$969,284$12,983,578
64$39,292,529$3,481,059$851,468$14,041,640
65$43,145,347$3,496,611$724,972$15,204,262
66$47,386,269$3,508,041$589,356$16,482,207
67$52,054,728$3,514,995$444,159$17,887,348
68$57,194,175$3,517,094$288,902$19,432,780
69$62,852,486$3,513,936$123,085$21,132,948
70$69,082,416$3,505,096$0$23,003,786
71$75,942,097$3,490,120$0$25,077,809
72$83,495,583$3,468,529$0$27,396,865
73$91,813,458$3,439,812$0$29,948,304
74$100,973,498$3,403,430$0$32,755,863
75$111,061,407$3,358,810$0$35,845,709
76$122,171,623$3,305,345$0$39,246,687
77$134,408,213$3,242,391$0$42,990,597
78$147,885,851$3,169,268$0$47,112,492
79$162,730,900$3,085,254$0$51,651,014
80$179,082,605$2,989,585$0$56,648,757
81$197,094,409$2,881,453$0$62,152,677
82$216,935,396$2,760,002$0$68,214,531
83$238,791,890$2,624,326$0$74,891,373
84$262,869,213$2,473,468$0$82,246,095
85$289,393,621$2,306,416$0$90,348,017
86$318,614,437$2,122,098$0$99,273,555
87$350,806,412$1,919,382$0$109,106,936
88$386,272,306$1,697,072$0$119,941,001
89$425,345,757$1,453,904$0$131,878,085
90$468,394,420$1,188,542$0$145,030,985
91$515,823,444$899,573$0$159,524,031
92$568,079,292$585,509$0$175,494,261
93$625,653,954$244,773$0$193,092,724
94$689,089,595$0$0$212,485,904
95$758,983,668$0$0$233,920,219
96$835,994,555$0$0$257,674,137
97$920,847,780$0$0$283,847,618
98$1,014,342,861$0$0$312,687,351
99$1,117,360,851$0$0$344,465,186
100$1,230,872,659$0$0$379,480,698