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%18.6%
1 years$159,378$157,958$156,573$155,221$153,901$148,559
2 years$78,900$77,430$76,006$74,625$73,286$67,959
3 years$52,077$50,602$49,181$47,813$46,496$41,351
4 years$38,669$37,198$35,791$34,447$33,161$28,239
5 years$30,626$29,163$27,775$26,458$25,209$20,521
6 years$25,265$23,814$22,447$21,159$19,947$15,498
7 years$21,438$19,999$18,653$17,396$16,222$12,011
8 years$18,569$17,143$15,819$14,593$13,458$9,481
9 years$16,339$14,926$13,625$12,430$11,333$7,586
10 years$14,555$13,156$11,879$10,715$9,657$6,132
11 years$13,097$11,712$10,458$9,325$8,305$4,996
12 years$11,883$10,512$9,281$8,179$7,197$4,097
13 years$10,857$9,500$8,292$7,221$6,276$3,376
14 years$9,977$8,635$7,451$6,410$5,501$2,793
15 years$9,216$7,889$6,727$5,717$4,844$2,318
16 years$8,551$7,238$6,099$5,119$4,281$1,929
17 years$7,964$6,666$5,550$4,599$3,796$1,609
18 years$7,443$6,159$5,066$4,145$3,375$1,344
19 years$6,978$5,708$4,638$3,745$3,008$1,125
20 years$6,559$5,305$4,256$3,392$2,687$943
21 years$6,181$4,941$3,915$3,078$2,405$790
22 years$5,838$4,612$3,608$2,799$2,155$664
23 years$5,525$4,314$3,332$2,549$1,935$557
24 years$5,239$4,042$3,081$2,325$1,739$468
25 years$4,976$3,793$2,854$2,123$1,565$394
26 years$4,733$3,565$2,647$1,941$1,410$331
27 years$4,509$3,355$2,458$1,777$1,271$279
28 years$4,302$3,161$2,285$1,628$1,147$235
29 years$4,108$2,982$2,126$1,493$1,035$198
30 years$3,929$2,816$1,980$1,370$936$167
31 years$3,761$2,662$1,846$1,258$846$140
32 years$3,604$2,519$1,723$1,157$765$118
33 years$3,456$2,386$1,608$1,064$692$100
34 years$3,318$2,261$1,503$979$627$84
35 years$3,188$2,145$1,405$901$568$71
36 years$3,065$2,036$1,314$830$515$60
37 years$2,950$1,933$1,230$764$466$50
38 years$2,840$1,837$1,152$705$423$42
39 years$2,737$1,747$1,079$650$383$36
40 years$2,639$1,662$1,012$599$348$30
41 years$2,546$1,582$949$553$315$25
42 years$2,457$1,507$890$510$286$21
43 years$2,373$1,436$835$471$260$18
44 years$2,293$1,369$784$435$236$15
45 years$2,217$1,305$736$402$214$13
46 years$2,144$1,245$691$371$194$11
47 years$2,075$1,188$649$343$176$9
48 years$2,008$1,134$610$317$160$8
49 years$1,945$1,083$574$293$146$6
50 years$1,884$1,035$539$271$132$5

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 $4,321 every year, while hoping to spend $33,958 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: 66/25/9 Blend
29$1,930,000$1,930,000$1,930,000$1,930,000
30$2,131,317$2,029,027$1,999,112$2,267,841
31$2,312,580$2,092,318$2,029,951$2,422,496
32$2,511,194$2,157,573$2,060,686$2,587,018
33$2,728,893$2,224,851$2,091,275$2,765,940
34$2,967,586$2,294,214$2,121,679$2,960,665
35$3,229,377$2,365,728$2,151,852$3,172,735
36$3,516,581$2,439,457$2,181,747$3,403,847
37$3,831,752$2,515,469$2,211,315$3,655,871
38$4,177,699$2,593,836$2,240,503$3,930,865
39$4,557,519$2,674,628$2,269,254$4,231,094
40$4,974,621$2,757,920$2,297,509$4,559,054
41$5,432,764$2,843,789$2,325,207$4,917,490
42$5,936,085$2,932,314$2,352,281$5,309,427
43$6,489,144$3,023,576$2,378,660$5,738,197
44$7,096,963$3,117,658$2,404,272$6,207,468
45$7,765,077$3,214,647$2,429,039$6,721,281
46$8,499,582$3,314,632$2,452,879$7,284,084
47$9,307,194$3,417,703$2,475,705$7,900,779
48$10,195,312$3,523,955$2,497,426$8,576,765
49$11,172,091$3,633,486$2,517,946$9,317,988
50$12,246,512$3,746,395$2,537,165$10,130,999
51$13,428,473$3,862,784$2,554,976$11,023,011
52$14,728,877$3,982,760$2,571,268$12,001,975
53$16,159,739$4,106,432$2,585,922$13,076,646
54$17,734,297$4,233,913$2,598,816$14,256,671
55$19,467,138$4,365,317$2,609,819$15,552,677
56$21,374,333$4,500,764$2,618,794$16,976,371
57$23,473,590$4,640,377$2,625,599$18,540,654
58$25,784,423$4,784,282$2,630,083$20,259,735
59$28,328,331$4,932,608$2,632,088$22,149,272
60$31,129,005$5,085,491$2,631,447$24,226,517
61$34,212,550$5,243,067$2,627,988$26,510,474
62$37,607,732$5,405,478$2,621,526$29,022,087
63$41,346,245$5,572,871$2,611,872$31,784,429
64$45,463,015$5,745,395$2,598,823$34,822,923
65$49,996,530$5,923,206$2,582,171$38,165,583
66$54,989,195$6,106,463$2,561,693$41,843,272
67$60,487,743$6,295,330$2,537,160$45,890,003
68$66,543,667$6,489,975$2,508,328$50,343,248
69$73,213,709$6,690,572$2,474,946$55,244,301
70$80,560,397$6,897,300$2,436,746$60,638,661
71$88,652,633$7,110,342$2,393,452$66,576,464
72$97,566,341$7,329,889$2,344,772$73,112,955
73$107,385,188$7,556,134$2,290,403$80,309,010
74$118,201,371$7,789,278$2,230,025$88,231,708
75$130,116,486$8,029,527$2,163,306$96,954,965
76$143,242,487$8,277,094$2,089,896$106,560,233
77$157,702,746$8,532,197$2,009,432$117,137,264
78$173,633,210$8,795,059$1,921,533$128,784,961
79$191,183,693$9,065,912$1,825,800$141,612,308
80$210,519,282$9,344,994$1,721,816$155,739,402
81$231,821,899$9,632,549$1,609,147$171,298,582
82$255,292,016$9,928,828$1,487,338$188,435,681
83$281,150,551$10,234,089$1,355,912$207,311,397
84$309,640,947$10,548,599$1,214,375$228,102,819
85$341,031,473$10,872,630$1,062,207$251,005,086
86$375,617,759$11,206,465$898,866$276,233,240
87$413,725,580$11,550,391$723,787$304,024,248
88$455,713,935$11,904,706$536,380$334,639,239
89$501,978,435$12,269,715$336,028$368,365,974
90$552,955,037$12,645,733$122,086$405,521,555
91$609,124,159$13,033,082$0$446,455,422
92$671,015,213$13,432,093$0$491,562,852
93$739,211,608$13,843,109$0$541,271,164
94$814,356,250$14,266,479$0$596,036,313
95$897,157,614$14,702,563$0$656,373,680
96$988,396,434$15,151,732$0$722,851,207
97$1,088,933,069$15,614,365$0$796,094,749
98$1,199,715,627$16,090,854$0$876,793,986
99$1,321,788,914$16,581,599$0$965,708,932
100$1,456,304,299$17,087,013$0$1,063,677,109