Can I retire at age 30 with 1,380,000?

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$113,959$112,944$111,954$110,987$110,043$108,265
2 years$56,415$55,365$54,346$53,359$52,401$50,615
3 years$37,237$36,181$35,166$34,188$33,246$31,506
4 years$27,649$26,597$25,592$24,630$23,711$22,032
5 years$21,898$20,853$19,860$18,918$18,025$16,411
6 years$18,065$17,028$16,050$15,129$14,262$12,716
7 years$15,329$14,300$13,338$12,439$11,599$10,121
8 years$13,277$12,258$11,311$10,434$9,623$8,212
9 years$11,683$10,672$9,742$8,888$8,104$6,759
10 years$10,407$9,407$8,494$7,661$6,905$5,626
11 years$9,365$8,375$7,478$6,668$5,938$4,724
12 years$8,497$7,517$6,636$5,848$5,146$3,994
13 years$7,763$6,793$5,929$5,163$4,487$3,397
14 years$7,134$6,175$5,327$4,583$3,934$2,902
15 years$6,590$5,641$4,810$4,088$3,463$2,490
16 years$6,114$5,175$4,361$3,660$3,061$2,143
17 years$5,695$4,766$3,968$3,288$2,714$1,849
18 years$5,322$4,404$3,622$2,964$2,413$1,599
19 years$4,989$4,082$3,316$2,678$2,151$1,386
20 years$4,690$3,793$3,043$2,425$1,921$1,203
21 years$4,420$3,533$2,799$2,201$1,719$1,046
22 years$4,174$3,298$2,580$2,001$1,541$911
23 years$3,951$3,084$2,382$1,823$1,383$794
24 years$3,746$2,890$2,203$1,662$1,243$693
25 years$3,558$2,712$2,041$1,518$1,119$605
26 years$3,384$2,549$1,893$1,388$1,008$528
27 years$3,224$2,399$1,757$1,271$909$462
28 years$3,076$2,260$1,634$1,164$820$404
29 years$2,938$2,132$1,520$1,068$740$354
30 years$2,809$2,014$1,416$980$669$309
31 years$2,689$1,904$1,320$900$605$271
32 years$2,577$1,801$1,232$827$547$237
33 years$2,471$1,706$1,150$760$495$208
34 years$2,372$1,617$1,075$700$448$182
35 years$2,279$1,533$1,005$644$406$160
36 years$2,192$1,455$940$593$368$140
37 years$2,109$1,382$880$547$333$123
38 years$2,031$1,314$824$504$302$108
39 years$1,957$1,249$772$464$274$95
40 years$1,887$1,189$723$428$249$83
41 years$1,820$1,131$678$395$226$73
42 years$1,757$1,078$636$365$205$64
43 years$1,697$1,027$597$337$186$56
44 years$1,640$979$560$311$169$49
45 years$1,585$933$526$287$153$43
46 years$1,533$890$494$265$139$38
47 years$1,484$850$464$245$126$33
48 years$1,436$811$436$226$115$29
49 years$1,391$774$410$209$104$26
50 years$1,347$740$386$193$95$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,380,000, adding $6,909 every year, while hoping to spend $44,949 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: 55/25/20 Blend
29$1,380,000$1,380,000$1,380,000$1,380,000
30$1,527,887$1,454,747$1,433,357$1,603,299
31$1,635,906$1,478,204$1,433,549$1,679,085
32$1,753,436$1,501,304$1,432,241$1,756,221
33$1,881,401$1,523,982$1,429,335$1,839,244
34$2,020,815$1,546,168$1,424,729$1,928,729
35$2,172,796$1,567,788$1,418,315$2,025,313
36$2,338,574$1,588,762$1,409,981$2,129,697
37$2,519,501$1,609,005$1,399,609$2,242,654
38$2,717,069$1,628,425$1,387,074$2,365,038
39$2,932,917$1,646,924$1,372,248$2,497,790
40$3,168,850$1,664,400$1,354,994$2,641,951
41$3,426,857$1,680,740$1,335,171$2,798,667
42$3,709,127$1,695,826$1,312,629$2,969,202
43$4,018,069$1,709,533$1,287,214$3,154,952
44$4,356,338$1,721,726$1,258,761$3,357,456
45$4,726,855$1,732,261$1,227,100$3,578,415
46$5,132,840$1,740,987$1,192,053$3,819,701
47$5,577,836$1,747,742$1,153,434$4,083,382
48$6,065,747$1,752,353$1,111,046$4,371,738
49$6,600,873$1,754,638$1,064,685$4,687,286
50$7,187,948$1,754,402$1,014,139$5,032,800
51$7,832,190$1,751,439$959,184$5,411,343
52$8,539,343$1,745,529$899,586$5,826,290
53$9,315,737$1,736,440$835,102$6,281,366
54$10,168,342$1,723,926$765,478$6,780,681
55$11,104,838$1,707,723$690,447$7,328,764
56$12,133,685$1,687,556$609,731$7,930,613
57$13,264,204$1,663,129$523,040$8,591,741
58$14,506,662$1,634,131$430,071$9,318,227
59$15,872,370$1,600,232$330,506$10,116,773
60$17,373,790$1,561,082$224,016$10,994,775
61$19,024,651$1,516,310$110,256$11,960,384
62$20,840,081$1,465,524$0$13,022,593
63$22,836,744$1,408,310$0$14,193,694
64$25,033,003$1,344,227$0$15,507,505
65$27,449,087$1,272,813$0$16,952,614
66$30,107,288$1,193,575$0$18,542,400
67$33,032,165$1,105,993$0$20,291,612
68$36,250,778$1,009,519$0$22,216,508
69$39,792,944$903,572$0$24,335,005
70$43,691,515$787,538$0$26,666,854
71$47,982,690$660,768$0$29,233,826
72$52,706,357$522,578$0$32,059,914
73$57,906,465$372,244$0$35,171,567
74$63,631,441$209,001$0$38,597,935
75$69,934,649$32,042$0$42,371,149
76$76,874,887$0$0$46,526,623
77$84,516,946$0$0$51,147,265
78$92,932,222$0$0$56,245,292
79$102,199,384$0$0$61,859,569
80$112,405,121$0$0$68,042,637
81$123,644,957$0$0$74,852,389
82$136,024,153$0$0$82,352,622
83$149,658,701$0$0$90,613,636
84$164,676,416$0$0$99,712,896
85$181,218,142$0$0$109,735,765
86$199,439,083$0$0$120,776,310
87$219,510,266$0$0$132,938,187
88$241,620,154$0$0$146,335,620
89$265,976,425$0$0$161,094,480
90$292,807,933$0$0$177,353,472
91$322,366,866$0$0$195,265,442
92$354,931,124$0$0$214,998,824
93$390,806,945$0$0$236,739,224
94$430,331,795$0$0$260,691,176
95$473,877,550$0$0$287,080,071
96$521,854,007$0$0$316,154,283
97$574,712,753$0$0$348,187,513
98$632,951,424$0$0$383,481,377
99$697,118,406$0$0$422,368,244
100$767,818,006$0$0$465,214,383