Can I retire at age 30 with 1,400,000?

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$115,611$114,581$113,576$112,596$111,638$110,656
2 years$57,233$56,167$55,134$54,132$53,161$52,172
3 years$37,776$36,706$35,675$34,683$33,727$32,761
4 years$28,050$26,983$25,963$24,987$24,055$23,119
5 years$22,216$21,155$20,148$19,193$18,286$17,384
6 years$18,327$17,274$16,283$15,349$14,469$13,601
7 years$15,551$14,507$13,531$12,619$11,767$10,934
8 years$13,470$12,435$11,475$10,586$9,762$8,964
9 years$11,852$10,827$9,884$9,017$8,221$7,457
10 years$10,558$9,544$8,617$7,772$7,005$6,275
11 years$9,501$8,496$7,586$6,764$6,024$5,328
12 years$8,620$7,626$6,732$5,933$5,221$4,557
13 years$7,875$6,891$6,015$5,238$4,552$3,921
14 years$7,237$6,264$5,405$4,650$3,991$3,391
15 years$6,685$5,722$4,880$4,147$3,514$2,944
16 years$6,203$5,250$4,424$3,713$3,105$2,566
17 years$5,777$4,835$4,026$3,336$2,753$2,242
18 years$5,399$4,468$3,675$3,007$2,448$1,965
19 years$5,062$4,141$3,364$2,717$2,182$1,725
20 years$4,758$3,848$3,088$2,460$1,949$1,518
21 years$4,484$3,584$2,840$2,233$1,744$1,338
22 years$4,235$3,346$2,617$2,030$1,563$1,181
23 years$4,008$3,129$2,417$1,849$1,403$1,043
24 years$3,800$2,932$2,235$1,686$1,261$923
25 years$3,609$2,751$2,070$1,540$1,135$817
26 years$3,434$2,586$1,920$1,408$1,022$724
27 years$3,271$2,434$1,783$1,289$922$642
28 years$3,120$2,293$1,657$1,181$832$570
29 years$2,980$2,163$1,542$1,083$751$506
30 years$2,850$2,043$1,437$994$679$450
31 years$2,728$1,931$1,339$913$614$400
32 years$2,614$1,827$1,250$839$555$355
33 years$2,507$1,731$1,167$771$502$316
34 years$2,407$1,640$1,090$710$455$281
35 years$2,312$1,556$1,019$653$412$250
36 years$2,224$1,477$953$602$373$223
37 years$2,140$1,402$892$554$338$198
38 years$2,060$1,333$836$511$307$177
39 years$1,985$1,267$783$471$278$157
40 years$1,914$1,206$734$435$252$140
41 years$1,847$1,148$688$401$229$125
42 years$1,782$1,093$646$370$208$111
43 years$1,721$1,042$606$342$188$99
44 years$1,663$993$569$315$171$89
45 years$1,608$947$534$291$155$79
46 years$1,555$903$501$269$141$70
47 years$1,505$862$471$249$128$63
48 years$1,457$823$443$230$116$56
49 years$1,411$786$416$212$106$50
50 years$1,367$751$391$196$96$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,400,000, adding $5,635 every year, while hoping to spend $26,480 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: 54/41/5 Blend
29$1,400,000$1,400,000$1,400,000$1,400,000
30$1,548,613$1,474,413$1,452,713$1,630,301
31$1,678,396$1,518,484$1,473,204$1,730,158
32$1,820,531$1,563,828$1,493,494$1,835,358
33$1,976,248$1,610,478$1,513,549$1,949,192
34$2,146,903$1,658,470$1,533,331$2,072,481
35$2,333,991$1,707,839$1,552,802$2,206,128
36$2,539,158$1,758,623$1,571,920$2,351,125
37$2,764,215$1,810,858$1,590,642$2,508,566
38$3,011,159$1,864,584$1,608,923$2,679,651
39$3,282,189$1,919,840$1,626,713$2,865,704
40$3,579,726$1,976,667$1,643,962$3,068,182
41$3,906,439$2,035,104$1,660,616$3,288,686
42$4,265,266$2,095,195$1,676,617$3,528,982
43$4,659,446$2,156,981$1,691,906$3,791,010
44$5,092,544$2,220,508$1,706,419$4,076,909
45$5,568,490$2,285,819$1,720,091$4,389,033
46$6,091,612$2,352,961$1,732,850$4,729,974
47$6,666,680$2,421,979$1,744,624$5,102,586
48$7,298,946$2,492,921$1,755,334$5,510,013
49$7,994,201$2,565,836$1,764,899$5,955,714
50$8,758,820$2,640,773$1,773,234$6,443,503
51$9,599,830$2,717,782$1,780,249$6,977,578
52$10,524,974$2,796,914$1,785,848$7,562,562
53$11,542,779$2,878,221$1,789,932$8,203,549
54$12,662,645$2,961,756$1,792,397$8,906,149
55$13,894,926$3,047,573$1,793,134$9,676,541
56$15,251,032$3,135,728$1,792,027$10,521,533
57$16,743,533$3,226,274$1,788,956$11,448,624
58$18,386,282$3,319,270$1,783,794$12,466,073
59$20,194,541$3,414,772$1,776,409$13,582,982
60$22,185,127$3,512,839$1,766,662$14,809,377
61$24,376,571$3,613,529$1,754,406$16,156,301
62$26,789,292$3,716,903$1,739,490$17,635,926
63$29,445,790$3,823,022$1,721,753$19,261,657
64$32,370,856$3,931,945$1,701,027$21,048,265
65$35,591,809$4,043,736$1,677,137$23,012,025
66$39,138,752$4,158,457$1,649,899$25,170,868
67$43,044,855$4,276,172$1,619,121$27,544,552
68$47,346,670$4,396,944$1,584,602$30,154,843
69$52,084,474$4,520,839$1,546,130$33,025,728
70$57,302,651$4,647,920$1,503,485$36,183,635
71$63,050,106$4,778,253$1,456,437$39,657,683
72$69,380,733$4,911,904$1,404,744$43,479,959
73$76,353,919$5,048,938$1,348,154$47,685,819
74$84,035,105$5,189,422$1,286,403$52,314,220
75$92,496,404$5,333,422$1,219,216$57,408,090
76$101,817,282$5,481,005$1,146,305$63,014,731
77$112,085,306$5,632,235$1,067,367$69,186,265
78$123,396,973$5,787,180$982,089$75,980,129
79$135,858,617$5,945,904$890,142$83,459,612
80$149,587,415$6,108,474$791,181$91,694,453
81$164,712,495$6,274,952$684,849$100,761,503
82$181,376,149$6,445,404$570,771$110,745,446
83$199,735,179$6,619,891$448,554$121,739,599
84$219,962,377$6,798,477$317,791$133,846,793
85$242,248,158$6,981,220$178,056$147,180,344
86$266,802,352$7,168,181$28,902$161,865,120
87$293,856,187$7,359,417$0$178,038,722
88$323,664,472$7,554,984$0$195,859,731
89$356,508,005$7,754,934$0$215,490,388
90$392,696,214$7,959,319$0$237,113,307
91$432,570,090$8,168,187$0$260,931,424
92$476,505,395$8,381,584$0$287,168,369
93$524,916,215$8,599,552$0$316,070,574
94$578,258,868$8,822,129$0$347,909,601
95$637,036,210$9,049,351$0$382,984,704
96$701,802,381$9,281,246$0$421,625,656
97$773,168,038$9,517,842$0$464,195,857
98$851,806,120$9,759,158$0$511,095,767
99$938,458,197$10,005,209$0$562,766,687
100$1,033,941,472$10,256,004$0$619,694,923