Can I retire at age 30 with 1,360,000?

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 $1,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$112,308$111,307$110,331$109,379$108,448$105,913
2 years$55,598$54,562$53,559$52,586$51,642$49,102
3 years$36,697$35,657$34,656$33,692$32,764$30,298
4 years$27,248$26,212$25,221$24,273$23,367$20,996
5 years$21,581$20,550$19,572$18,644$17,764$15,492
6 years$17,804$16,781$15,817$14,910$14,056$11,887
7 years$15,107$14,093$13,144$12,258$11,431$9,366
8 years$13,085$12,080$11,147$10,283$9,483$7,520
9 years$11,513$10,518$9,601$8,759$7,986$6,124
10 years$10,257$9,271$8,371$7,550$6,805$5,041
11 years$9,229$8,253$7,369$6,571$5,852$4,185
12 years$8,374$7,408$6,540$5,764$5,071$3,497
13 years$7,650$6,694$5,843$5,088$4,422$2,939
14 years$7,031$6,085$5,250$4,517$3,877$2,481
15 years$6,494$5,559$4,740$4,028$3,413$2,102
16 years$6,025$5,100$4,298$3,607$3,017$1,786
17 years$5,612$4,697$3,911$3,241$2,675$1,521
18 years$5,245$4,340$3,570$2,921$2,378$1,299
19 years$4,917$4,022$3,268$2,639$2,120$1,111
20 years$4,622$3,738$2,999$2,390$1,893$951
21 years$4,356$3,482$2,759$2,169$1,694$816
22 years$4,114$3,250$2,543$1,972$1,519$701
23 years$3,893$3,040$2,348$1,796$1,363$602
24 years$3,692$2,848$2,171$1,638$1,225$518
25 years$3,506$2,673$2,011$1,496$1,103$446
26 years$3,335$2,512$1,865$1,368$993$384
27 years$3,178$2,364$1,732$1,252$896$331
28 years$3,031$2,228$1,610$1,147$808$285
29 years$2,895$2,101$1,498$1,052$730$246
30 years$2,768$1,985$1,396$966$659$212
31 years$2,650$1,876$1,301$887$596$183
32 years$2,539$1,775$1,214$815$539$158
33 years$2,436$1,681$1,133$749$488$136
34 years$2,338$1,593$1,059$690$442$118
35 years$2,246$1,511$990$635$400$102
36 years$2,160$1,434$926$585$363$88
37 years$2,078$1,362$867$539$329$76
38 years$2,001$1,295$812$496$298$65
39 years$1,928$1,231$761$458$270$57
40 years$1,859$1,171$713$422$245$49
41 years$1,794$1,115$668$390$222$42
42 years$1,731$1,062$627$360$202$36
43 years$1,672$1,012$588$332$183$32
44 years$1,616$964$552$306$166$27
45 years$1,562$920$519$283$151$24
46 years$1,511$877$487$261$137$20
47 years$1,462$837$458$242$124$18
48 years$1,415$799$430$223$113$15
49 years$1,371$763$404$206$103$13
50 years$1,328$729$380$191$93$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,360,000, adding $2,826 every year, while hoping to spend $38,574 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: 57/23/20 Blend
29$1,360,000$1,360,000$1,360,000$1,360,000
30$1,501,635$1,429,555$1,408,475$1,579,056
31$1,613,759$1,458,561$1,414,616$1,661,099
32$1,736,028$1,487,695$1,419,671$1,746,073
33$1,869,434$1,516,923$1,423,561$1,837,828
34$2,015,071$1,546,208$1,426,206$1,937,026
35$2,174,145$1,575,509$1,427,520$2,044,395
36$2,347,981$1,604,782$1,427,416$2,160,741
37$2,538,039$1,633,980$1,425,797$2,286,949
38$2,745,925$1,663,051$1,422,568$2,423,995
39$2,973,409$1,691,940$1,417,624$2,572,958
40$3,222,440$1,720,588$1,410,857$2,735,023
41$3,495,162$1,748,931$1,402,154$2,911,501
42$3,793,940$1,776,899$1,391,398$3,103,834
43$4,121,374$1,804,420$1,378,462$3,313,613
44$4,480,331$1,831,413$1,363,217$3,542,592
45$4,873,967$1,857,794$1,345,527$3,792,706
46$5,305,757$1,883,472$1,325,248$4,066,087
47$5,779,532$1,908,350$1,302,231$4,365,085
48$6,299,508$1,932,323$1,276,320$4,692,292
49$6,870,332$1,955,280$1,247,350$5,050,567
50$7,497,120$1,977,103$1,215,150$5,443,059
51$8,185,509$1,997,665$1,179,542$5,873,242
52$8,941,711$2,016,830$1,140,336$6,344,946
53$9,772,565$2,034,455$1,097,337$6,862,392
54$10,685,609$2,050,385$1,050,340$7,430,235
55$11,689,145$2,064,458$999,130$8,053,607
56$12,792,320$2,076,499$943,483$8,738,166
57$14,005,212$2,086,322$883,165$9,490,147
58$15,338,923$2,093,731$817,931$10,316,429
59$16,805,686$2,098,517$747,524$11,224,590
60$18,418,978$2,100,456$671,678$12,222,988
61$20,193,647$2,099,312$590,113$13,320,835
62$22,146,055$2,094,834$502,537$14,528,288
63$24,294,226$2,086,755$408,646$15,856,541
64$26,658,024$2,074,792$308,122$17,317,938
65$29,259,331$2,058,646$200,633$18,926,083
66$32,122,260$2,037,997$85,832$20,695,975
67$35,273,381$2,012,509$0$22,644,146
68$38,741,967$1,981,823$0$24,796,648
69$42,560,275$1,945,560$0$27,185,800
70$46,763,850$1,903,320$0$29,815,493
71$51,391,857$1,854,676$0$32,710,227
72$56,487,449$1,799,178$0$35,896,999
73$62,098,182$1,736,351$0$39,405,564
74$68,276,453$1,665,688$0$43,268,713
75$75,080,001$1,586,657$0$47,522,586
76$82,572,452$1,498,694$0$52,207,009
77$90,823,912$1,401,200$0$57,365,878
78$99,911,637$1,293,544$0$63,047,564
79$109,920,756$1,175,060$0$69,305,380
80$120,945,076$1,045,041$0$76,198,079
81$133,087,968$902,742$0$83,790,411
82$146,463,339$747,375$0$92,153,735
83$161,196,710$578,107$0$101,366,694
84$177,426,400$394,060$0$111,515,960
85$195,304,829$194,305$0$122,697,047
86$214,999,956$0$0$135,015,222
87$236,696,869$0$0$148,592,097
88$260,599,525$0$0$163,603,581
89$286,932,678$0$0$180,141,672
90$315,944,001$0$0$198,361,939
91$347,906,421$0$0$218,435,817
92$383,120,696$0$0$240,552,221
93$421,918,253$0$0$264,919,330
94$464,664,317$0$0$291,766,554
95$511,761,358$0$0$321,346,697
96$563,652,887$0$0$353,938,343
97$620,827,646$0$0$389,848,487
98$683,824,218$0$0$429,415,431
99$753,236,114$0$0$473,011,979
100$829,717,370$0$0$521,048,954