Can I retire at age 30 with 1,250,000?

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 $1,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$103,224$102,304$101,407$100,532$99,677$96,332
2 years$51,101$50,149$49,227$48,333$47,465$44,128
3 years$33,729$32,773$31,853$30,967$30,114$26,890
4 years$25,045$24,092$23,181$22,310$21,477$18,391
5 years$19,835$18,888$17,989$17,136$16,327$13,386
6 years$16,364$15,424$14,538$13,704$12,919$10,126
7 years$13,885$12,953$12,081$11,267$10,506$7,861
8 years$12,027$11,103$10,246$9,451$8,716$6,216
9 years$10,582$9,667$8,825$8,051$7,340$4,983
10 years$9,427$8,521$7,694$6,940$6,254$4,035
11 years$8,483$7,586$6,773$6,040$5,379$3,295
12 years$7,696$6,809$6,011$5,298$4,661$2,707
13 years$7,031$6,153$5,371$4,677$4,065$2,235
14 years$6,462$5,593$4,825$4,152$3,563$1,853
15 years$5,969$5,109$4,357$3,703$3,137$1,541
16 years$5,538$4,688$3,950$3,315$2,773$1,285
17 years$5,158$4,317$3,594$2,979$2,458$1,074
18 years$4,821$3,989$3,281$2,684$2,186$900
19 years$4,519$3,697$3,004$2,426$1,948$755
20 years$4,248$3,436$2,757$2,197$1,740$634
21 years$4,004$3,200$2,536$1,994$1,557$533
22 years$3,781$2,987$2,337$1,813$1,396$448
23 years$3,579$2,794$2,158$1,651$1,253$377
24 years$3,393$2,618$1,996$1,506$1,126$318
25 years$3,223$2,457$1,848$1,375$1,014$268
26 years$3,066$2,309$1,714$1,257$913$226
27 years$2,921$2,173$1,592$1,151$823$191
28 years$2,786$2,047$1,480$1,054$743$161
29 years$2,661$1,931$1,377$967$671$136
30 years$2,544$1,824$1,283$887$606$115
31 years$2,436$1,724$1,196$815$548$97
32 years$2,334$1,632$1,116$749$496$82
33 years$2,239$1,545$1,042$689$448$69
34 years$2,149$1,464$973$634$406$58
35 years$2,065$1,389$910$583$368$49
36 years$1,985$1,318$851$537$333$42
37 years$1,910$1,252$797$495$302$35
38 years$1,840$1,190$746$456$274$30
39 years$1,772$1,132$699$421$248$25
40 years$1,709$1,077$655$388$225$21
41 years$1,649$1,025$614$358$204$18
42 years$1,591$976$576$330$185$15
43 years$1,537$930$541$305$168$13
44 years$1,485$886$508$282$153$11
45 years$1,436$845$477$260$139$9
46 years$1,389$806$448$240$126$8
47 years$1,344$770$421$222$114$7
48 years$1,301$735$395$205$104$6
49 years$1,260$702$372$190$94$5
50 years$1,220$670$349$175$86$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,250,000, adding $4,935 every year, while hoping to spend $51,633 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: 31/50/19 Blend
29$1,250,000$1,250,000$1,250,000$1,250,000
30$1,382,590$1,316,340$1,296,965$1,417,102
31$1,468,678$1,325,904$1,285,477$1,453,022
32$1,561,815$1,334,206$1,271,873$1,486,630
33$1,662,668$1,341,129$1,256,028$1,521,715
34$1,771,966$1,346,551$1,237,811$1,558,435
35$1,890,513$1,350,338$1,217,084$1,596,968
36$2,019,193$1,352,353$1,193,704$1,637,516
37$2,158,978$1,352,445$1,167,520$1,680,302
38$2,310,936$1,350,457$1,138,375$1,725,579
39$2,476,244$1,346,222$1,106,102$1,773,627
40$2,656,195$1,339,561$1,070,531$1,824,762
41$2,852,214$1,330,287$1,031,481$1,879,336
42$3,065,867$1,318,198$988,763$1,937,743
43$3,298,878$1,303,082$942,179$2,000,421
44$3,553,146$1,284,716$891,525$2,067,861
45$3,830,759$1,262,859$836,583$2,140,608
46$4,134,018$1,237,260$777,129$2,219,273
47$4,465,453$1,207,651$712,929$2,304,533
48$4,827,852$1,173,749$643,735$2,397,145
49$5,224,284$1,135,254$569,291$2,497,948
50$5,658,127$1,091,848$489,329$2,607,879
51$6,133,103$1,043,195$403,568$2,727,976
52$6,653,309$988,941$311,717$2,859,398
53$7,223,257$928,710$213,470$3,003,427
54$7,847,916$862,103$108,507$3,161,490
55$8,532,758$788,701$0$3,335,173
56$9,283,811$708,059$0$3,526,942
57$10,107,714$619,709$0$3,761,561
58$11,011,780$523,153$0$4,019,246
59$12,004,062$417,868$0$4,302,472
60$13,093,433$303,300$0$4,613,980
61$14,289,665$178,864$0$4,956,801
62$15,603,526$43,943$0$5,334,288
63$17,046,874$0$0$5,750,152
64$18,632,776$0$0$6,264,676
65$20,375,623$0$0$6,856,897
66$22,291,274$0$0$7,508,051
67$24,397,196$0$0$8,224,103
68$26,712,638$0$0$9,011,624
69$29,258,803$0$0$9,877,856
70$32,059,054$0$0$10,830,775
71$35,139,129$0$0$11,879,171
72$38,527,389$0$0$13,032,729
73$42,255,079$0$0$14,302,119
74$46,356,627$0$0$15,699,099
75$50,869,967$0$0$17,236,622
76$55,836,894$0$0$18,928,964
77$61,303,460$0$0$20,791,852
78$67,320,408$0$0$22,842,617
79$73,943,652$0$0$25,100,355
80$81,234,797$0$0$27,586,108
81$89,261,730$0$0$30,323,061
82$98,099,251$0$0$33,336,763
83$107,829,783$0$0$36,655,367
84$118,544,148$0$0$40,309,893
85$130,342,424$0$0$44,334,524
86$143,334,888$0$0$48,766,928
87$157,643,055$0$0$53,648,611
88$173,400,827$0$0$59,025,311
89$190,755,755$0$0$64,947,427
90$209,870,429$0$0$71,470,498
91$230,924,013$0$0$78,655,722
92$254,113,937$0$0$86,570,539
93$279,657,758$0$0$95,289,263
94$307,795,210$0$0$104,893,786
95$338,790,472$0$0$115,474,348
96$372,934,655$0$0$127,130,391
97$410,548,553$0$0$139,971,497
98$451,985,667$0$0$154,118,421
99$497,635,544$0$0$169,704,231
100$547,927,449$0$0$186,875,564