Can I retire at age 30 with 1,370,000?

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 $1,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$113,133$112,126$111,142$110,183$109,246$107,658
2 years$56,007$54,964$53,953$52,972$52,022$50,425
3 years$36,967$35,919$34,911$33,940$33,005$31,449
4 years$27,449$26,404$25,406$24,452$23,539$22,037
5 years$21,740$20,701$19,716$18,781$17,894$16,449
6 years$17,935$16,904$15,934$15,020$14,159$12,773
7 years$15,218$14,196$13,241$12,348$11,515$10,189
8 years$13,181$12,169$11,229$10,359$9,553$8,286
9 years$11,598$10,595$9,672$8,823$8,045$6,837
10 years$10,332$9,339$8,432$7,606$6,855$5,704
11 years$9,297$8,314$7,424$6,619$5,895$4,802
12 years$8,435$7,462$6,588$5,806$5,109$4,071
13 years$7,706$6,744$5,886$5,126$4,455$3,471
14 years$7,082$6,130$5,289$4,550$3,905$2,974
15 years$6,542$5,600$4,775$4,058$3,438$2,558
16 years$6,070$5,138$4,329$3,633$3,039$2,207
17 years$5,653$4,732$3,939$3,265$2,694$1,910
18 years$5,284$4,372$3,596$2,942$2,396$1,657
19 years$4,953$4,052$3,292$2,658$2,135$1,440
20 years$4,656$3,765$3,021$2,408$1,907$1,254
21 years$4,388$3,507$2,779$2,185$1,707$1,094
22 years$4,144$3,274$2,561$1,987$1,530$955
23 years$3,922$3,062$2,365$1,809$1,373$835
24 years$3,719$2,869$2,187$1,650$1,234$731
25 years$3,532$2,692$2,026$1,507$1,111$640
26 years$3,360$2,530$1,879$1,378$1,001$561
27 years$3,201$2,381$1,745$1,261$902$492
28 years$3,053$2,244$1,622$1,156$814$432
29 years$2,916$2,117$1,509$1,060$735$379
30 years$2,789$1,999$1,406$973$664$333
31 years$2,670$1,890$1,311$893$600$293
32 years$2,558$1,788$1,223$821$543$257
33 years$2,453$1,693$1,142$755$492$226
34 years$2,355$1,605$1,067$695$445$199
35 years$2,263$1,522$997$639$403$175
36 years$2,176$1,445$933$589$365$154
37 years$2,094$1,372$873$543$331$135
38 years$2,016$1,304$818$500$300$119
39 years$1,943$1,240$766$461$272$105
40 years$1,873$1,180$718$425$247$92
41 years$1,807$1,123$673$392$224$81
42 years$1,744$1,070$632$362$203$72
43 years$1,685$1,019$593$334$184$63
44 years$1,628$972$556$309$167$55
45 years$1,574$926$522$285$152$49
46 years$1,522$884$491$263$138$43
47 years$1,473$843$461$243$125$38
48 years$1,426$805$433$225$114$33
49 years$1,381$769$407$208$103$29
50 years$1,338$734$383$192$94$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,370,000, adding $3,046 every year, while hoping to spend $28,170 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: 77/10/13 Blend
29$1,370,000$1,370,000$1,370,000$1,370,000
30$1,512,882$1,440,272$1,419,037$1,625,204
31$1,637,223$1,480,873$1,436,602$1,740,239
32$1,773,303$1,522,519$1,453,811$1,862,472
33$1,922,289$1,565,231$1,470,623$1,995,718
34$2,085,468$1,609,032$1,486,994$2,141,063
35$2,264,254$1,653,944$1,502,877$2,299,707
36$2,460,208$1,699,987$1,518,223$2,472,967
37$2,675,046$1,747,183$1,532,981$2,662,296
38$2,910,661$1,795,555$1,547,096$2,869,295
39$3,169,135$1,845,124$1,560,510$3,095,726
40$3,452,764$1,895,912$1,573,164$3,343,530
41$3,764,074$1,947,941$1,584,994$3,614,847
42$4,105,851$2,001,231$1,595,933$3,912,031
43$4,481,161$2,055,805$1,605,910$4,237,679
44$4,893,383$2,111,683$1,614,851$4,594,649
45$5,346,239$2,168,886$1,622,679$4,986,091
46$5,843,829$2,227,434$1,629,312$5,415,476
47$6,390,669$2,287,348$1,634,664$5,886,628
48$6,991,736$2,348,647$1,638,644$6,403,759
49$7,652,512$2,411,350$1,641,157$6,971,510
50$8,379,038$2,475,475$1,642,106$7,594,995
51$9,177,967$2,541,041$1,641,383$8,279,848
52$10,056,631$2,608,064$1,638,881$9,032,279
53$11,023,108$2,676,560$1,634,485$9,859,127
54$12,086,298$2,746,544$1,628,073$10,767,930
55$13,256,007$2,818,031$1,619,520$11,766,993
56$14,543,038$2,891,033$1,608,692$12,865,469
57$15,959,297$2,965,562$1,595,452$14,073,440
58$17,517,899$3,041,629$1,579,654$15,402,019
59$19,233,298$3,119,241$1,561,145$16,863,449
60$21,121,417$3,198,407$1,539,766$18,471,224
61$23,199,803$3,279,131$1,515,350$20,240,209
62$25,487,791$3,361,416$1,487,722$22,186,788
63$28,006,685$3,445,264$1,456,700$24,329,015
64$30,779,958$3,530,674$1,422,091$26,686,781
65$33,833,478$3,617,641$1,383,695$29,282,010
66$37,195,747$3,706,160$1,341,303$32,138,858
67$40,898,172$3,796,220$1,294,695$35,283,944
68$44,975,360$3,887,810$1,243,643$38,746,603
69$49,465,448$3,980,913$1,187,905$42,559,161
70$54,410,456$4,075,510$1,127,233$46,757,239
71$59,856,690$4,171,578$1,061,363$51,380,092
72$65,855,176$4,269,089$990,022$56,470,978
73$72,462,140$4,368,011$912,924$62,077,565
74$79,739,541$4,468,306$829,769$68,252,385
75$87,755,655$4,569,933$740,247$75,053,325
76$96,585,716$4,672,844$644,030$82,544,178
77$106,312,632$4,776,986$540,777$90,795,242
78$117,027,761$4,882,299$430,134$99,883,984
79$128,831,777$4,988,716$311,728$109,895,775
80$141,835,619$5,096,164$185,172$120,924,690
81$156,161,538$5,204,562$50,060$133,074,402
82$171,944,248$5,313,820$0$146,459,157
83$189,332,204$5,423,839$0$161,217,909
84$208,488,995$5,534,513$0$177,484,601
85$229,594,893$5,645,725$0$195,405,239
86$252,848,554$5,757,347$0$215,148,374
87$278,468,889$5,869,240$0$236,899,749
88$306,697,138$5,981,254$0$260,864,048
89$337,799,136$6,093,227$0$287,266,826
90$372,067,834$6,204,980$0$316,356,644
91$409,826,054$6,316,326$0$348,407,410
92$451,429,543$6,427,057$0$383,720,968
93$497,270,326$6,536,952$0$422,629,943
94$547,780,411$6,645,774$0$465,500,884
95$603,435,862$6,753,267$0$512,737,727
96$664,761,298$6,859,155$0$564,785,600
97$732,334,840$6,963,143$0$622,135,032
98$806,793,571$7,064,915$0$685,326,579
99$888,839,552$7,164,132$0$754,955,932
100$979,246,443$7,260,431$0$831,679,535