Can I retire at age 30 with 1,330,000?

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$109,830$108,852$107,897$106,966$106,056$103,661
2 years$54,371$53,359$52,377$51,426$50,503$48,102
3 years$35,888$34,871$33,892$32,949$32,041$29,710
4 years$26,647$25,634$24,664$23,738$22,852$20,609
5 years$21,105$20,097$19,141$18,233$17,372$15,223
6 years$17,411$16,411$15,468$14,581$13,746$11,693
7 years$14,773$13,782$12,854$11,988$11,179$9,223
8 years$12,796$11,813$10,902$10,056$9,274$7,414
9 years$11,259$10,286$9,389$8,566$7,810$6,045
10 years$10,030$9,066$8,186$7,384$6,655$4,982
11 years$9,026$8,071$7,207$6,426$5,723$4,141
12 years$8,189$7,244$6,396$5,637$4,960$3,466
13 years$7,481$6,547$5,714$4,976$4,325$2,916
14 years$6,876$5,951$5,134$4,417$3,791$2,465
15 years$6,351$5,436$4,636$3,939$3,338$2,091
16 years$5,892$4,988$4,203$3,527$2,950$1,779
17 years$5,488$4,593$3,824$3,169$2,616$1,518
18 years$5,129$4,244$3,491$2,856$2,326$1,298
19 years$4,809$3,934$3,196$2,581$2,073$1,112
20 years$4,520$3,655$2,933$2,337$1,852$954
21 years$4,260$3,405$2,698$2,121$1,657$819
22 years$4,023$3,178$2,487$1,929$1,485$704
23 years$3,808$2,973$2,296$1,757$1,333$606
24 years$3,610$2,785$2,123$1,602$1,198$522
25 years$3,429$2,614$1,967$1,463$1,078$450
26 years$3,262$2,457$1,824$1,338$971$388
27 years$3,107$2,312$1,694$1,225$876$335
28 years$2,964$2,178$1,574$1,122$790$289
29 years$2,831$2,055$1,465$1,029$714$250
30 years$2,707$1,941$1,365$944$645$216
31 years$2,592$1,835$1,272$867$583$187
32 years$2,483$1,736$1,187$797$527$161
33 years$2,382$1,644$1,108$733$477$139
34 years$2,287$1,558$1,036$674$432$121
35 years$2,197$1,478$968$621$391$104
36 years$2,112$1,403$906$572$355$90
37 years$2,033$1,332$848$527$321$78
38 years$1,957$1,266$794$486$291$68
39 years$1,886$1,204$744$448$264$58
40 years$1,818$1,146$697$413$240$51
41 years$1,754$1,090$654$381$217$44
42 years$1,693$1,038$613$352$197$38
43 years$1,635$989$575$325$179$33
44 years$1,580$943$540$300$163$28
45 years$1,528$899$507$277$148$25
46 years$1,478$858$476$256$134$21
47 years$1,430$819$448$236$122$18
48 years$1,384$782$421$218$110$16
49 years$1,340$746$395$202$100$14
50 years$1,299$713$372$186$91$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,330,000, adding $2,182 every year, while hoping to spend $35,953 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: 27/46/27 Blend
29$1,330,000$1,330,000$1,330,000$1,330,000
30$1,467,911$1,397,421$1,376,806$1,495,131
31$1,579,384$1,427,641$1,384,675$1,547,472
32$1,701,022$1,458,136$1,391,603$1,600,384
33$1,833,825$1,488,883$1,397,520$1,656,460
34$1,978,891$1,519,855$1,402,353$1,715,992
35$2,137,432$1,551,022$1,406,026$1,779,306
36$2,310,780$1,582,351$1,408,457$1,846,761
37$2,500,402$1,613,809$1,409,563$1,918,753
38$2,707,914$1,645,357$1,409,254$1,995,719
39$2,935,095$1,676,953$1,407,438$2,078,142
40$3,183,904$1,708,553$1,404,017$2,166,558
41$3,456,499$1,740,109$1,398,888$2,261,556
42$3,755,255$1,771,568$1,391,944$2,363,787
43$4,082,790$1,802,873$1,383,073$2,473,973
44$4,441,985$1,833,964$1,372,156$2,592,907
45$4,836,014$1,864,775$1,359,070$2,721,470
46$5,268,374$1,895,236$1,343,686$2,860,630
47$5,742,916$1,925,270$1,325,867$3,011,459
48$6,263,882$1,954,797$1,305,473$3,175,141
49$6,835,946$1,983,730$1,282,353$3,352,983
50$7,464,253$2,011,974$1,256,353$3,546,428
51$8,154,476$2,039,429$1,227,310$3,757,070
52$8,912,861$2,065,990$1,195,054$3,986,667
53$9,746,291$2,091,541$1,159,405$4,237,164
54$10,662,345$2,115,960$1,120,179$4,510,705
55$11,669,379$2,139,116$1,077,179$4,809,658
56$12,776,593$2,160,870$1,030,202$5,136,637
57$13,994,127$2,181,074$979,035$5,494,528
58$15,333,150$2,199,569$923,455$5,886,516
59$16,805,970$2,216,186$863,229$6,316,116
60$18,426,145$2,230,746$798,114$6,787,209
61$20,208,617$2,243,057$727,855$7,304,076
62$22,169,845$2,252,916$652,188$7,871,443
63$24,327,967$2,260,107$570,834$8,494,526
64$26,702,967$2,264,399$483,504$9,179,077
65$29,316,863$2,265,548$389,895$9,931,448
66$32,193,918$2,263,295$289,691$10,758,642
67$35,360,864$2,257,363$182,562$11,668,390
68$38,847,159$2,247,461$68,165$12,669,220
69$42,685,260$2,233,277$0$13,770,538
70$46,910,931$2,214,482$0$14,998,255
71$51,563,581$2,190,727$0$16,370,254
72$56,686,636$2,161,642$0$17,879,617
73$62,327,945$2,126,834$0$19,540,390
74$68,540,234$2,085,888$0$21,368,062
75$75,381,604$2,038,363$0$23,379,704
76$82,916,077$1,983,792$0$25,594,142
77$91,214,201$1,921,682$0$28,032,125
78$100,353,716$1,851,511$0$30,716,532
79$110,420,284$1,772,724$0$33,672,583
80$121,508,303$1,684,737$0$36,928,081
81$133,721,792$1,586,932$0$40,513,676
82$147,175,376$1,478,652$0$44,463,156
83$161,995,365$1,359,207$0$48,813,770
84$178,320,948$1,227,864$0$53,606,576
85$196,305,505$1,083,849$0$58,886,837
86$216,118,055$926,347$0$64,704,448
87$237,944,851$754,492$0$71,114,407
88$261,991,138$567,374$0$78,177,342
89$288,483,086$364,028$0$85,960,081
90$317,669,932$143,437$0$94,536,290
91$349,826,326$0$0$103,987,168
92$385,254,926$0$0$114,450,546
93$424,289,251$0$0$126,059,206
94$467,296,834$0$0$138,849,892
95$514,682,689$0$0$152,943,106
96$566,893,130$0$0$168,471,640
97$624,419,990$0$0$185,581,827
98$687,805,258$0$0$204,434,925
99$757,646,197$0$0$225,208,637
100$834,600,984$0$0$248,098,789