Can I retire at age 30 with 1,310,000?

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 $1,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$108,179$107,215$106,275$105,357$104,461$102,268
2 years$53,554$52,556$51,590$50,653$49,743$47,545
3 years$35,348$34,346$33,382$32,454$31,559$29,423
4 years$26,247$25,248$24,294$23,381$22,508$20,451
5 years$20,787$19,795$18,853$17,959$17,110$15,138
6 years$17,149$16,164$15,236$14,362$13,539$11,653
7 years$14,551$13,574$12,661$11,808$11,011$9,213
8 years$12,604$11,636$10,738$9,905$9,135$7,423
9 years$11,090$10,131$9,248$8,437$7,693$6,067
10 years$9,880$8,930$8,063$7,273$6,554$5,012
11 years$8,890$7,950$7,098$6,329$5,637$4,177
12 years$8,066$7,135$6,300$5,552$4,885$3,505
13 years$7,369$6,448$5,628$4,901$4,260$2,957
14 years$6,772$5,861$5,057$4,351$3,734$2,506
15 years$6,255$5,354$4,566$3,880$3,288$2,132
16 years$5,804$4,913$4,140$3,474$2,906$1,819
17 years$5,406$4,524$3,767$3,122$2,576$1,556
18 years$5,052$4,181$3,439$2,813$2,291$1,335
19 years$4,736$3,875$3,148$2,542$2,042$1,147
20 years$4,452$3,600$2,889$2,302$1,824$987
21 years$4,196$3,354$2,657$2,089$1,632$850
22 years$3,963$3,131$2,449$1,900$1,463$733
23 years$3,750$2,928$2,261$1,730$1,313$633
24 years$3,556$2,743$2,091$1,578$1,180$547
25 years$3,377$2,574$1,937$1,441$1,062$473
26 years$3,213$2,420$1,797$1,318$957$409
27 years$3,061$2,277$1,668$1,206$863$354
28 years$2,920$2,146$1,551$1,105$778$307
29 years$2,789$2,024$1,443$1,013$703$266
30 years$2,667$1,912$1,344$930$635$231
31 years$2,553$1,807$1,253$854$574$200
32 years$2,446$1,710$1,169$785$519$173
33 years$2,346$1,619$1,092$722$470$150
34 years$2,252$1,535$1,020$664$426$131
35 years$2,164$1,456$954$611$385$113
36 years$2,081$1,382$892$563$349$98
37 years$2,002$1,312$835$519$317$85
38 years$1,928$1,247$782$478$287$74
39 years$1,858$1,186$733$441$260$64
40 years$1,791$1,128$687$407$236$56
41 years$1,728$1,074$644$375$214$49
42 years$1,668$1,023$604$346$194$42
43 years$1,611$975$567$320$176$37
44 years$1,556$929$532$295$160$32
45 years$1,505$886$500$273$145$28
46 years$1,455$845$469$252$132$24
47 years$1,408$806$441$233$120$21
48 years$1,363$770$414$215$109$18
49 years$1,320$735$389$199$99$16
50 years$1,279$702$366$184$90$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,310,000, adding $4,145 every year, while hoping to spend $21,118 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: 48/26/26 Blend
29$1,310,000$1,310,000$1,310,000$1,310,000
30$1,447,896$1,378,466$1,358,161$1,506,492
31$1,573,112$1,423,541$1,381,190$1,593,091
32$1,710,392$1,470,117$1,404,282$1,684,665
33$1,860,944$1,518,246$1,427,418$1,783,696
34$2,026,100$1,567,980$1,450,577$1,890,898
35$2,207,326$1,619,373$1,473,734$2,007,053
36$2,406,234$1,672,484$1,496,865$2,133,025
37$2,624,605$1,727,371$1,519,946$2,269,765
38$2,864,398$1,784,095$1,542,946$2,418,317
39$3,127,769$1,842,719$1,565,838$2,579,832
40$3,417,098$1,903,308$1,588,590$2,755,578
41$3,735,002$1,965,930$1,611,168$2,946,949
42$4,084,368$2,030,656$1,633,537$3,155,481
43$4,468,373$2,097,558$1,655,660$3,382,866
44$4,890,520$2,166,711$1,677,498$3,630,966
45$5,354,666$2,238,193$1,699,007$3,901,832
46$5,865,063$2,312,086$1,720,145$4,197,721
47$6,426,393$2,388,472$1,740,864$4,521,123
48$7,043,816$2,467,438$1,761,114$4,874,776
49$7,723,018$2,549,075$1,780,843$5,261,697
50$8,470,261$2,633,475$1,799,997$5,685,212
51$9,292,447$2,720,734$1,818,516$6,148,981
52$10,197,180$2,810,953$1,836,339$6,657,037
53$11,192,837$2,904,236$1,853,402$7,213,822
54$12,288,652$3,000,689$1,869,637$7,824,232
55$13,494,796$3,100,423$1,884,971$8,493,657
56$14,822,476$3,203,555$1,899,328$9,228,038
57$16,284,042$3,310,203$1,912,630$10,033,918
58$17,893,104$3,420,492$1,924,792$10,918,507
59$19,664,654$3,534,550$1,935,726$11,889,748
60$21,615,216$3,652,510$1,945,340$12,956,391
61$23,762,995$3,774,510$1,953,536$14,128,079
62$26,128,053$3,900,693$1,960,211$15,415,436
63$28,732,495$4,031,208$1,965,260$16,830,166
64$31,600,682$4,166,210$1,968,568$18,385,165
65$34,759,453$4,305,856$1,970,017$20,094,644
66$38,238,388$4,450,313$1,969,483$21,974,260
67$42,070,078$4,599,754$1,966,836$24,041,266
68$46,290,439$4,754,355$1,961,938$26,314,670
69$50,939,048$4,914,301$1,954,646$28,815,419
70$56,059,514$5,079,785$1,944,810$31,566,594
71$61,699,895$5,251,006$1,932,272$34,593,627
72$67,913,148$5,428,168$1,916,866$37,924,541
73$74,757,628$5,611,488$1,898,421$41,590,217
74$82,297,642$5,801,186$1,876,753$45,624,682
75$90,604,051$5,997,494$1,851,674$50,065,431
76$99,754,943$6,200,651$1,822,985$54,953,782
77$109,836,369$6,410,904$1,790,476$60,335,264
78$120,943,153$6,628,512$1,753,931$66,260,046
79$133,179,787$6,853,743$1,713,121$72,783,413
80$146,661,423$7,086,873$1,667,807$79,966,288
81$161,514,949$7,328,191$1,617,741$87,875,801
82$177,880,199$7,577,997$1,562,660$96,585,929
83$195,911,262$7,836,602$1,502,291$106,178,193
84$215,777,942$8,104,327$1,436,350$116,742,423
85$237,667,362$8,381,509$1,364,537$128,377,609
86$261,785,724$8,668,494$1,286,541$141,192,839
87$288,360,263$8,965,645$1,202,035$155,308,318
88$317,641,385$9,273,337$1,110,678$170,856,515
89$349,905,036$9,591,960$1,012,115$187,983,404
90$385,455,302$9,921,918$905,973$206,849,845
91$424,627,283$10,263,633$791,864$227,633,104
92$467,790,256$10,617,541$669,382$250,528,524
93$515,351,159$10,984,097$538,102$275,751,368
94$567,758,432$11,363,773$397,584$303,538,854
95$625,506,253$11,757,059$247,364$334,152,392
96$689,139,200$12,164,464$86,959$367,880,051
97$759,257,394$12,586,518$0$405,039,282
98$836,522,162$13,023,772$0$446,003,274
99$921,662,283$13,476,797$0$491,161,430
100$1,015,480,865$13,946,189$0$540,914,572