Can I retire at age 30 with 1,100,000?

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 $1,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$90,837$90,028$89,238$88,468$87,716$87,090
2 years$44,969$44,131$43,320$42,533$41,769$41,138
3 years$29,681$28,840$28,031$27,251$26,500$25,883
4 years$22,039$21,201$20,399$19,633$18,900$18,302
5 years$17,455$16,622$15,831$15,080$14,368$13,791
6 years$14,400$13,573$12,793$12,060$11,369$10,813
7 years$12,219$11,398$10,631$9,915$9,246$8,712
8 years$10,583$9,771$9,016$8,317$7,670$7,159
9 years$9,312$8,507$7,766$7,084$6,459$5,969
10 years$8,296$7,499$6,770$6,107$5,504$5,035
11 years$7,465$6,675$5,960$5,315$4,733$4,286
12 years$6,773$5,992$5,290$4,662$4,102$3,675
13 years$6,188$5,415$4,726$4,116$3,577$3,170
14 years$5,687$4,922$4,246$3,653$3,135$2,749
15 years$5,253$4,496$3,834$3,258$2,761$2,393
16 years$4,873$4,125$3,476$2,917$2,440$2,091
17 years$4,539$3,799$3,163$2,621$2,163$1,833
18 years$4,242$3,510$2,887$2,362$1,924$1,610
19 years$3,977$3,253$2,643$2,135$1,715$1,418
20 years$3,739$3,023$2,426$1,933$1,531$1,251
21 years$3,523$2,816$2,231$1,755$1,371$1,106
22 years$3,327$2,629$2,057$1,595$1,228$979
23 years$3,149$2,459$1,899$1,453$1,103$868
24 years$2,986$2,304$1,756$1,325$991$770
25 years$2,836$2,162$1,627$1,210$892$684
26 years$2,698$2,032$1,509$1,106$803$608
27 years$2,570$1,912$1,401$1,013$724$541
28 years$2,452$1,802$1,302$928$654$482
29 years$2,342$1,700$1,212$851$590$429
30 years$2,239$1,605$1,129$781$533$382
31 years$2,143$1,517$1,052$717$482$341
32 years$2,054$1,436$982$659$436$304
33 years$1,970$1,360$917$606$395$272
34 years$1,891$1,289$857$558$357$242
35 years$1,817$1,222$801$513$324$216
36 years$1,747$1,160$749$473$293$193
37 years$1,681$1,102$701$436$266$173
38 years$1,619$1,047$657$402$241$154
39 years$1,560$996$615$370$218$138
40 years$1,504$947$577$342$198$123
41 years$1,451$902$541$315$180$110
42 years$1,400$859$507$291$163$99
43 years$1,353$818$476$268$148$88
44 years$1,307$780$447$248$134$79
45 years$1,264$744$419$229$122$71
46 years$1,222$710$394$211$111$63
47 years$1,183$677$370$195$101$57
48 years$1,145$646$348$180$91$51
49 years$1,109$617$327$167$83$45
50 years$1,074$590$307$154$75$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,100,000, adding $6,419 every year, while hoping to spend $37,445 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: 59/34/7 Blend
29$1,100,000$1,100,000$1,100,000$1,100,000
30$1,218,821$1,160,521$1,143,471$1,288,565
31$1,303,300$1,177,546$1,141,936$1,353,131
32$1,395,140$1,194,149$1,139,095$1,418,659
33$1,495,054$1,210,272$1,134,864$1,489,168
34$1,603,823$1,225,849$1,129,156$1,565,136
35$1,722,310$1,240,812$1,121,879$1,647,093
36$1,851,461$1,255,088$1,112,938$1,735,622
37$1,992,321$1,268,597$1,102,232$1,831,366
38$2,146,036$1,281,257$1,089,655$1,935,034
39$2,313,871$1,292,978$1,075,098$2,047,408
40$2,497,217$1,303,665$1,058,445$2,169,349
41$2,697,605$1,313,217$1,039,575$2,301,811
42$2,916,721$1,321,525$1,018,361$2,445,840
43$3,156,422$1,328,475$994,671$2,602,593
44$3,418,751$1,333,945$968,367$2,773,346
45$3,705,960$1,337,804$939,304$2,959,507
46$4,020,527$1,339,916$907,329$3,162,625
47$4,365,181$1,340,132$872,285$3,384,412
48$4,742,929$1,338,298$834,006$3,626,756
49$5,157,081$1,334,247$792,318$3,891,737
50$5,611,283$1,327,805$747,040$4,181,650
51$6,109,551$1,318,784$697,983$4,499,027
52$6,656,308$1,306,988$644,950$4,846,659
53$7,256,428$1,292,207$587,732$5,227,624
54$7,915,278$1,274,219$526,115$5,645,318
55$8,638,769$1,252,788$459,872$6,103,485
56$9,433,414$1,227,666$388,768$6,606,252
57$10,306,387$1,198,587$312,558$7,158,173
58$11,265,594$1,165,272$230,983$7,764,269
59$12,319,739$1,127,426$143,776$8,430,076
60$13,478,417$1,084,734$50,657$9,161,699
61$14,752,196$1,036,866$0$9,965,870
62$16,152,717$983,470$0$10,853,651
63$17,692,809$924,175$0$11,833,862
64$19,386,605$858,589$0$12,911,765
65$21,249,675$786,296$0$14,097,337
66$23,299,177$706,859$0$15,401,574
67$25,554,011$619,814$0$16,836,602
68$28,035,006$524,670$0$18,415,787
69$30,765,108$420,911$0$20,153,866
70$33,769,603$307,989$0$22,067,081
71$37,076,349$185,327$0$24,173,342
72$40,716,044$52,316$0$26,492,389
73$44,722,512$0$0$29,045,984
74$49,133,023$0$0$31,892,422
75$53,988,644$0$0$35,047,783
76$59,334,626$0$0$38,521,915
77$65,220,831$0$0$42,347,235
78$71,702,202$0$0$46,559,465
79$78,839,282$0$0$51,197,965
80$86,698,782$0$0$56,306,110
81$95,354,216$0$0$61,931,693
82$104,886,586$0$0$68,127,379
83$115,385,155$0$0$74,951,204
84$126,948,282$0$0$82,467,115
85$139,684,354$0$0$90,745,583
86$153,712,807$0$0$99,864,259
87$169,165,252$0$0$109,908,713
88$186,186,720$0$0$120,973,238
89$204,937,026$0$0$133,161,740
90$225,592,279$0$0$146,588,720
91$248,346,547$0$0$161,380,353
92$273,413,680$0$0$177,675,679
93$301,029,339$0$0$195,627,917
94$331,453,211$0$0$215,405,907
95$364,971,461$0$0$237,195,705
96$401,899,439$0$0$261,202,342
97$442,584,649$0$0$287,651,756
98$487,410,032$0$0$316,792,923
99$536,797,578$0$0$348,900,212
100$591,212,314$0$0$384,275,967