Can I retire at age 30 with 1,350,000?

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$111,482$110,489$109,520$108,574$107,651$103,502
2 years$55,189$54,161$53,165$52,199$51,262$47,132
3 years$36,427$35,395$34,401$33,445$32,523$28,541
4 years$27,048$26,019$25,035$24,095$23,196$19,393
5 years$21,422$20,399$19,428$18,507$17,633$14,018
6 years$17,673$16,657$15,701$14,800$13,952$10,529
7 years$14,996$13,989$13,048$12,168$11,347$8,113
8 years$12,989$11,991$11,065$10,208$9,413$6,366
9 years$11,429$10,440$9,531$8,695$7,927$5,063
10 years$10,181$9,203$8,309$7,495$6,755$4,067
11 years$9,161$8,193$7,315$6,523$5,809$3,292
12 years$8,312$7,353$6,492$5,721$5,034$2,681
13 years$7,594$6,645$5,800$5,051$4,390$2,194
14 years$6,979$6,040$5,211$4,484$3,848$1,803
15 years$6,446$5,518$4,705$3,999$3,388$1,486
16 years$5,981$5,063$4,266$3,580$2,994$1,228
17 years$5,571$4,662$3,882$3,217$2,655$1,016
18 years$5,206$4,308$3,544$2,899$2,361$843
19 years$4,881$3,993$3,244$2,620$2,104$700
20 years$4,588$3,710$2,977$2,373$1,880$582
21 years$4,324$3,456$2,738$2,153$1,682$484
22 years$4,084$3,226$2,524$1,958$1,508$403
23 years$3,865$3,017$2,330$1,783$1,353$336
24 years$3,665$2,827$2,155$1,626$1,216$280
25 years$3,481$2,653$1,996$1,485$1,095$234
26 years$3,311$2,493$1,851$1,358$986$195
27 years$3,154$2,347$1,719$1,243$889$163
28 years$3,009$2,211$1,598$1,139$802$136
29 years$2,874$2,086$1,487$1,044$724$114
30 years$2,748$1,970$1,385$958$654$95
31 years$2,631$1,862$1,291$880$592$79
32 years$2,521$1,762$1,205$809$535$66
33 years$2,418$1,669$1,125$744$484$55
34 years$2,321$1,582$1,051$684$439$46
35 years$2,230$1,500$983$630$397$39
36 years$2,144$1,424$919$580$360$32
37 years$2,063$1,352$861$535$326$27
38 years$1,987$1,285$806$493$296$23
39 years$1,914$1,222$755$454$268$19
40 years$1,846$1,163$708$419$243$16
41 years$1,781$1,107$664$387$221$13
42 years$1,719$1,054$622$357$200$11
43 years$1,660$1,004$584$329$182$9
44 years$1,604$957$548$304$165$8
45 years$1,551$913$515$281$150$6
46 years$1,500$871$484$259$136$5
47 years$1,451$831$454$240$123$5
48 years$1,405$793$427$222$112$4
49 years$1,361$758$401$205$102$3
50 years$1,318$724$377$189$92$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,350,000, adding $4,897 every year, while hoping to spend $34,205 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: 50/27/23 Blend
29$1,350,000$1,350,000$1,350,000$1,350,000
30$1,492,751$1,421,201$1,400,276$1,557,522
31$1,608,618$1,454,446$1,410,792$1,636,262
32$1,735,157$1,488,174$1,420,513$1,717,930
33$1,873,420$1,522,372$1,429,377$1,805,991
34$2,024,566$1,557,025$1,437,319$1,901,063
35$2,189,871$1,592,119$1,444,268$2,003,828
36$2,370,740$1,627,634$1,450,153$2,115,038
37$2,568,718$1,663,551$1,454,896$2,235,520
38$2,785,509$1,699,847$1,458,417$2,366,189
39$3,022,988$1,736,497$1,460,631$2,508,049
40$3,283,221$1,773,473$1,461,450$2,662,211
41$3,568,483$1,810,746$1,460,782$2,829,897
42$3,881,277$1,848,282$1,458,527$3,012,454
43$4,224,365$1,886,045$1,454,585$3,211,370
44$4,600,784$1,923,995$1,448,847$3,428,281
45$5,013,881$1,962,089$1,441,202$3,664,993
46$5,467,346$2,000,279$1,431,530$3,923,497
47$5,965,238$2,038,516$1,419,709$4,205,987
48$6,512,032$2,076,743$1,405,609$4,514,881
49$7,112,656$2,114,901$1,389,095$4,852,847
50$7,772,541$2,152,925$1,370,023$5,222,824
51$8,497,668$2,190,745$1,348,246$5,628,053
52$9,294,626$2,228,288$1,323,608$6,072,106
53$10,170,675$2,265,471$1,295,946$6,558,923
54$11,133,812$2,302,208$1,265,089$7,092,846
55$12,192,850$2,338,405$1,230,859$7,678,659
56$13,357,497$2,373,963$1,193,069$8,321,641
57$14,638,449$2,408,774$1,151,523$9,027,609
58$16,047,489$2,442,723$1,106,018$9,802,974
59$17,597,604$2,475,687$1,056,341$10,654,805
60$19,303,098$2,507,534$1,002,267$11,590,895
61$21,179,735$2,538,124$943,563$12,619,834
62$23,244,881$2,567,306$879,986$13,751,092
63$25,517,674$2,594,919$811,281$14,995,106
64$28,019,200$2,620,793$737,182$16,363,383
65$30,772,691$2,644,744$657,410$17,868,608
66$33,803,747$2,666,578$571,674$19,524,761
67$37,140,576$2,686,087$479,673$21,347,254
68$40,814,260$2,703,051$381,088$23,353,077
69$44,859,049$2,717,235$275,588$25,560,955
70$49,312,681$2,728,389$162,829$27,991,530
71$54,216,741$2,736,246$42,450$30,667,554
72$59,617,051$2,740,524$0$33,614,106
73$65,564,104$2,740,924$0$36,879,939
74$72,113,539$2,737,126$0$40,486,903
75$79,326,666$2,728,791$0$44,458,254
76$87,271,045$2,715,560$0$48,831,115
77$96,021,122$2,697,053$0$53,646,399
78$105,658,932$2,672,864$0$58,949,190
79$116,274,874$2,642,566$0$64,789,176
80$127,968,562$2,605,702$0$71,221,115
81$140,849,766$2,561,792$0$78,305,353
82$155,039,448$2,510,326$0$86,108,395
83$170,670,902$2,450,763$0$94,703,532
84$187,891,013$2,382,530$0$104,171,534
85$206,861,644$2,305,021$0$114,601,416
86$227,761,161$2,217,596$0$126,091,274
87$250,786,116$2,119,575$0$138,749,215
88$276,153,106$2,010,240$0$152,694,381
89$304,100,814$1,888,833$0$168,058,068
90$334,892,260$1,754,549$0$184,984,974
91$368,817,289$1,606,540$0$203,634,559
92$406,195,300$1,443,909$0$224,182,560
93$447,378,266$1,265,705$0$246,822,641
94$492,754,052$1,070,928$0$271,768,233
95$542,750,080$858,518$0$299,254,542
96$597,837,358$627,355$0$329,540,777
97$658,534,932$376,259$0$362,912,595
98$725,414,781$103,981$0$399,684,803
99$799,107,216$0$0$440,204,327
100$880,306,834$0$0$484,910,182