Can I retire at age 30 with 1,150,000?

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 $1,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$94,966$94,120$93,295$92,489$91,703$89,341
2 years$47,013$46,137$45,289$44,466$43,668$41,304
3 years$31,031$30,151$29,305$28,490$27,705$25,413
4 years$23,041$22,164$21,326$20,525$19,759$17,557
5 years$18,248$17,377$16,550$15,765$15,021$12,914
6 years$15,055$14,190$13,375$12,608$11,885$9,877
7 years$12,774$11,916$11,115$10,365$9,666$7,755
8 years$11,064$10,215$9,426$8,695$8,019$6,205
9 years$9,735$8,894$8,119$7,407$6,753$5,035
10 years$8,673$7,839$7,078$6,384$5,754$4,129
11 years$7,804$6,979$6,231$5,556$4,949$3,415
12 years$7,081$6,264$5,530$4,874$4,288$2,843
13 years$6,469$5,661$4,941$4,303$3,739$2,379
14 years$5,945$5,145$4,439$3,820$3,278$2,000
15 years$5,491$4,700$4,008$3,406$2,886$1,687
16 years$5,095$4,313$3,634$3,050$2,551$1,427
17 years$4,745$3,972$3,307$2,740$2,262$1,211
18 years$4,435$3,670$3,019$2,470$2,011$1,029
19 years$4,158$3,401$2,763$2,232$1,792$876
20 years$3,908$3,161$2,536$2,021$1,601$747
21 years$3,683$2,944$2,333$1,834$1,433$638
22 years$3,479$2,748$2,150$1,668$1,284$545
23 years$3,292$2,570$1,985$1,519$1,153$466
24 years$3,122$2,408$1,836$1,385$1,036$399
25 years$2,965$2,260$1,700$1,265$932$342
26 years$2,820$2,124$1,577$1,157$840$293
27 years$2,687$1,999$1,464$1,059$757$251
28 years$2,563$1,884$1,361$970$683$215
29 years$2,448$1,777$1,267$890$617$185
30 years$2,341$1,678$1,180$816$557$159
31 years$2,241$1,586$1,100$750$504$136
32 years$2,147$1,501$1,026$689$456$117
33 years$2,059$1,422$958$634$413$100
34 years$1,977$1,347$895$583$374$86
35 years$1,900$1,278$837$537$338$74
36 years$1,826$1,213$783$494$307$64
37 years$1,758$1,152$733$455$278$55
38 years$1,692$1,095$686$420$252$47
39 years$1,631$1,041$643$387$228$40
40 years$1,572$990$603$357$207$35
41 years$1,517$943$565$329$188$30
42 years$1,464$898$530$304$171$26
43 years$1,414$856$498$281$155$22
44 years$1,366$816$467$259$141$19
45 years$1,321$778$439$239$128$16
46 years$1,278$742$412$221$116$14
47 years$1,236$708$387$204$105$12
48 years$1,197$676$364$189$96$10
49 years$1,159$645$342$174$87$9
50 years$1,123$617$321$161$79$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,150,000, adding $2,057 every year, while hoping to spend $26,517 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: 64/15/21 Blend
29$1,150,000$1,150,000$1,150,000$1,150,000
30$1,269,422$1,208,472$1,190,647$1,343,694
31$1,370,689$1,239,473$1,202,320$1,424,944
32$1,481,397$1,271,105$1,213,495$1,510,497
33$1,602,480$1,303,369$1,224,127$1,603,352
34$1,734,968$1,336,269$1,234,171$1,704,225
35$1,879,994$1,369,806$1,243,575$1,813,905
36$2,038,807$1,403,980$1,252,288$1,933,261
37$2,212,781$1,438,791$1,260,256$2,063,251
38$2,403,430$1,474,237$1,267,419$2,204,929
39$2,612,421$1,510,316$1,273,719$2,359,458
40$2,841,589$1,547,023$1,279,091$2,528,119
41$3,092,959$1,584,354$1,283,467$2,712,322
42$3,368,756$1,622,303$1,286,778$2,913,623
43$3,671,434$1,660,861$1,288,951$3,133,734
44$4,003,696$1,700,019$1,289,906$3,374,543
45$4,368,518$1,739,765$1,289,564$3,638,131
46$4,769,181$1,780,087$1,287,838$3,926,789
47$5,209,296$1,820,970$1,284,639$4,243,045
48$5,692,842$1,862,396$1,279,873$4,589,681
49$6,224,205$1,904,347$1,273,441$4,969,766
50$6,808,214$1,946,799$1,265,241$5,386,680
51$7,450,190$1,989,730$1,255,165$5,844,148
52$8,155,994$2,033,112$1,243,098$6,346,276
53$8,932,086$2,076,915$1,228,922$6,897,590
54$9,785,581$2,121,106$1,212,513$7,503,075
55$10,724,319$2,165,649$1,193,741$8,168,227
56$11,756,937$2,210,503$1,172,469$8,899,102
57$12,892,952$2,255,626$1,148,554$9,702,375
58$14,142,851$2,300,969$1,121,848$10,585,400
59$15,518,185$2,346,480$1,092,194$11,556,285
60$17,031,687$2,392,104$1,059,429$12,623,964
61$18,697,380$2,437,779$1,023,381$13,798,281
62$20,530,721$2,483,438$983,873$15,090,089
63$22,548,738$2,529,010$940,716$16,511,346
64$24,770,195$2,574,417$893,716$18,075,230
65$27,215,768$2,619,576$842,668$19,796,267
66$29,908,238$2,664,397$787,359$21,690,464
67$32,872,708$2,708,783$727,566$23,775,463
68$36,136,840$2,752,629$663,055$26,070,704
69$39,731,114$2,795,824$593,584$28,597,615
70$43,689,116$2,838,247$518,897$31,379,810
71$48,047,854$2,879,770$438,728$34,443,313
72$52,848,111$2,920,255$352,802$37,816,805
73$58,134,825$2,959,554$260,827$41,531,893
74$63,957,514$2,997,509$162,502$45,623,411
75$70,370,745$3,033,951$57,510$50,129,751
76$77,434,647$3,068,701$0$55,093,219
77$85,215,478$3,101,564$0$60,572,662
78$93,786,253$3,132,337$0$66,621,792
79$103,227,429$3,160,800$0$73,284,419
80$113,627,667$3,186,719$0$80,623,036
81$125,084,666$3,209,846$0$88,706,509
82$137,706,090$3,229,916$0$97,610,729
83$151,610,576$3,246,647$0$107,419,324
84$166,928,862$3,259,739$0$118,224,453
85$183,805,014$3,268,875$0$130,127,671
86$202,397,790$3,273,714$0$143,240,894
87$222,882,136$3,273,898$0$157,687,450
88$245,450,838$3,269,043$0$173,603,247
89$270,316,342$3,258,744$0$191,138,054
90$297,712,756$3,242,570$0$210,456,914
91$327,898,066$3,220,065$0$231,741,708
92$361,156,564$3,190,743$0$255,192,862
93$397,801,534$3,154,090$0$281,031,250
94$438,178,212$3,109,562$0$309,500,271
95$482,667,040$3,056,581$0$340,868,154
96$531,687,260$2,994,536$0$375,430,483
97$585,700,870$2,922,777$0$413,512,995
98$645,216,986$2,840,621$0$455,474,648
99$710,796,647$2,747,339$0$501,711,018
100$783,058,110$2,642,164$0$552,658,028