Can I retire at age 30 with 1,270,000?

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$104,875$103,941$103,030$102,140$101,272$97,795
2 years$51,919$50,952$50,014$49,106$48,225$44,758
3 years$34,269$33,297$32,363$31,463$30,596$27,247
4 years$25,445$24,477$23,552$22,667$21,821$18,616
5 years$20,153$19,190$18,277$17,410$16,588$13,536
6 years$16,625$15,670$14,771$13,923$13,126$10,228
7 years$14,107$13,160$12,274$11,447$10,675$7,931
8 years$12,219$11,281$10,410$9,603$8,856$6,264
9 years$10,751$9,822$8,966$8,179$7,458$5,015
10 years$9,578$8,657$7,817$7,051$6,354$4,057
11 years$8,618$7,707$6,882$6,136$5,465$3,308
12 years$7,819$6,918$6,107$5,382$4,736$2,714
13 years$7,144$6,251$5,456$4,752$4,130$2,238
14 years$6,565$5,682$4,903$4,218$3,620$1,853
15 years$6,064$5,191$4,426$3,762$3,187$1,539
16 years$5,627$4,763$4,013$3,368$2,817$1,281
17 years$5,241$4,386$3,652$3,026$2,498$1,070
18 years$4,898$4,053$3,334$2,727$2,221$894
19 years$4,592$3,756$3,052$2,464$1,980$749
20 years$4,316$3,491$2,801$2,232$1,768$628
21 years$4,068$3,251$2,576$2,026$1,582$527
22 years$3,842$3,035$2,374$1,842$1,418$443
23 years$3,636$2,839$2,192$1,677$1,273$372
24 years$3,447$2,660$2,028$1,530$1,144$313
25 years$3,274$2,496$1,878$1,397$1,030$264
26 years$3,115$2,346$1,742$1,277$928$222
27 years$2,967$2,208$1,617$1,169$836$187
28 years$2,831$2,080$1,503$1,071$755$157
29 years$2,704$1,962$1,399$982$681$133
30 years$2,585$1,853$1,303$902$616$112
31 years$2,475$1,752$1,215$828$557$94
32 years$2,371$1,658$1,134$761$503$80
33 years$2,274$1,570$1,058$700$456$67
34 years$2,183$1,488$989$644$413$57
35 years$2,098$1,411$925$593$374$48
36 years$2,017$1,339$865$546$339$40
37 years$1,941$1,272$810$503$307$34
38 years$1,869$1,209$758$464$278$29
39 years$1,801$1,150$710$427$252$24
40 years$1,736$1,094$666$394$229$20
41 years$1,675$1,041$624$364$208$17
42 years$1,617$992$586$336$188$15
43 years$1,562$945$549$310$171$12
44 years$1,509$901$516$286$155$10
45 years$1,459$859$484$264$141$9
46 years$1,411$819$455$244$128$7
47 years$1,365$782$427$226$116$6
48 years$1,322$746$402$208$105$5
49 years$1,280$713$377$193$96$4
50 years$1,240$681$355$178$87$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,270,000, adding $4,862 every year, while hoping to spend $29,055 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: 75/19/6 Blend
29$1,270,000$1,270,000$1,270,000$1,270,000
30$1,404,555$1,337,245$1,317,560$1,508,653
31$1,516,905$1,371,856$1,330,784$1,612,384
32$1,639,742$1,407,189$1,343,477$1,721,823
33$1,774,103$1,443,248$1,355,591$1,840,899
34$1,921,133$1,480,039$1,367,075$1,970,555
35$2,082,091$1,517,563$1,377,874$2,111,829
36$2,258,364$1,555,824$1,387,933$2,265,865
37$2,451,480$1,594,822$1,397,192$2,433,923
38$2,663,121$1,634,559$1,405,588$2,617,387
39$2,895,140$1,675,032$1,413,055$2,817,787
40$3,149,576$1,716,241$1,419,525$3,036,802
41$3,428,678$1,758,182$1,424,924$3,276,287
42$3,734,920$1,800,849$1,429,175$3,538,280
43$4,071,029$1,844,238$1,432,200$3,825,030
44$4,440,008$1,888,340$1,433,913$4,139,011
45$4,845,165$1,933,146$1,434,226$4,482,952
46$5,290,146$1,978,643$1,433,046$4,859,855
47$5,778,964$2,024,820$1,430,276$5,273,031
48$6,316,042$2,071,659$1,425,814$5,726,125
49$6,906,252$2,119,144$1,419,552$6,223,155
50$7,554,961$2,167,254$1,411,379$6,768,544
51$8,268,083$2,215,966$1,401,177$7,367,170
52$9,052,134$2,265,254$1,388,822$8,024,404
53$9,914,289$2,315,090$1,374,185$8,746,165
54$10,862,458$2,365,440$1,357,132$9,538,974
55$11,905,353$2,416,271$1,337,520$10,410,015
56$13,052,573$2,467,542$1,315,201$11,367,208
57$14,314,695$2,519,211$1,290,020$12,419,274
58$15,703,372$2,571,231$1,261,814$13,575,826
59$17,231,445$2,623,550$1,230,413$14,847,457
60$18,913,060$2,676,113$1,195,640$16,245,836
61$20,763,807$2,728,856$1,157,309$17,783,823
62$22,800,861$2,781,716$1,115,224$19,475,591
63$25,043,147$2,834,618$1,069,182$21,336,753
64$27,511,519$2,887,486$1,018,971$23,384,516
65$30,228,955$2,940,234$964,368$25,637,843
66$33,220,774$2,992,771$905,140$28,117,625
67$36,514,876$3,044,999$841,045$30,846,889
68$40,142,002$3,096,813$771,828$33,851,004
69$44,136,027$3,148,098$697,225$37,157,931
70$48,534,278$3,198,731$616,959$40,798,477
71$53,377,886$3,248,580$530,739$44,806,595
72$58,712,176$3,297,506$438,264$49,219,698
73$64,587,090$3,345,356$339,218$54,079,015
74$71,057,662$3,391,968$233,271$59,429,978
75$78,184,538$3,437,169$120,080$65,322,656
76$86,034,544$3,480,773$0$71,812,220
77$94,681,318$3,522,581$0$78,959,518
78$104,206,008$3,562,383$0$86,839,712
79$114,698,033$3,599,952$0$95,518,966
80$126,255,929$3,635,047$0$105,078,674
81$138,988,280$3,667,410$0$115,608,527
82$153,014,739$3,696,767$0$127,207,365
83$168,467,161$3,722,828$0$139,984,108
84$185,490,845$3,745,280$0$154,058,784
85$204,245,906$3,763,793$0$169,563,662
86$224,908,785$3,778,016$0$186,644,500
87$247,673,917$3,787,575$0$205,461,925
88$272,755,562$3,792,071$0$226,192,944
89$300,389,830$3,791,084$0$249,032,617
90$330,836,910$3,784,163$0$274,195,901
91$364,383,522$3,770,835$0$301,919,675
92$401,345,627$3,750,592$0$332,464,983
93$442,071,410$3,722,899$0$366,119,489
94$486,944,561$3,687,189$0$403,200,203
95$536,387,902$3,642,857$0$444,056,466
96$590,867,376$3,589,265$0$489,073,253
97$650,896,446$3,525,737$0$538,674,806
98$717,040,940$3,451,554$0$593,328,640
99$789,924,393$3,365,958$0$653,549,955
100$870,233,935$3,268,144$0$719,906,503