Can I retire at age 30 with 1,410,000?

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 $1,410,000?

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$116,436$115,399$114,387$113,400$112,435$110,801
2 years$57,642$56,568$55,528$54,519$53,541$51,897
3 years$38,046$36,968$35,930$34,931$33,968$32,367
4 years$28,250$27,175$26,148$25,166$24,227$22,680
5 years$22,374$21,306$20,292$19,330$18,417$16,929
6 years$18,458$17,398$16,399$15,458$14,572$13,146
7 years$15,662$14,611$13,628$12,709$11,851$10,486
8 years$13,566$12,524$11,557$10,661$9,832$8,528
9 years$11,937$10,904$9,954$9,081$8,280$7,036
10 years$10,634$9,612$8,678$7,828$7,055$5,871
11 years$9,569$8,557$7,640$6,813$6,067$4,942
12 years$8,681$7,680$6,781$5,976$5,258$4,190
13 years$7,931$6,941$6,058$5,276$4,585$3,572
14 years$7,289$6,309$5,443$4,683$4,019$3,060
15 years$6,733$5,763$4,914$4,176$3,539$2,632
16 years$6,247$5,288$4,456$3,740$3,128$2,272
17 years$5,818$4,870$4,054$3,360$2,773$1,966
18 years$5,438$4,500$3,701$3,028$2,466$1,705
19 years$5,098$4,170$3,388$2,736$2,198$1,483
20 years$4,792$3,875$3,110$2,478$1,963$1,291
21 years$4,516$3,610$2,860$2,249$1,757$1,126
22 years$4,265$3,370$2,636$2,045$1,575$983
23 years$4,037$3,151$2,434$1,862$1,414$859
24 years$3,827$2,953$2,251$1,698$1,270$752
25 years$3,635$2,771$2,085$1,551$1,143$659
26 years$3,458$2,604$1,934$1,418$1,030$577
27 years$3,294$2,451$1,796$1,298$928$506
28 years$3,143$2,309$1,669$1,189$838$444
29 years$3,002$2,179$1,553$1,091$756$390
30 years$2,870$2,058$1,447$1,001$684$343
31 years$2,747$1,945$1,349$919$618$301
32 years$2,633$1,840$1,259$845$559$265
33 years$2,525$1,743$1,175$777$506$233
34 years$2,424$1,652$1,098$715$458$205
35 years$2,329$1,567$1,026$658$415$180
36 years$2,239$1,487$960$606$376$158
37 years$2,155$1,412$899$558$341$139
38 years$2,075$1,342$842$515$309$123
39 years$1,999$1,276$789$475$280$108
40 years$1,928$1,214$739$438$254$95
41 years$1,860$1,156$693$404$230$84
42 years$1,795$1,101$650$373$209$74
43 years$1,734$1,049$610$344$190$65
44 years$1,675$1,000$573$318$172$57
45 years$1,620$953$538$293$156$50
46 years$1,566$910$505$271$142$44
47 years$1,516$868$474$250$129$39
48 years$1,467$829$446$231$117$34
49 years$1,421$791$419$214$106$30
50 years$1,377$756$394$198$97$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,410,000, adding $4,336 every year, while hoping to spend $55,309 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: 82/5/13 Blend
29$1,410,000$1,410,000$1,410,000$1,410,000
30$1,558,293$1,483,563$1,461,708$1,681,932
31$1,658,390$1,497,409$1,451,826$1,777,509
32$1,766,844$1,510,080$1,439,761$1,874,724
33$1,884,448$1,521,459$1,425,378$1,979,833
34$2,012,075$1,531,424$1,408,542$2,093,601
35$2,150,685$1,539,843$1,389,107$2,216,869
36$2,301,336$1,546,576$1,366,923$2,350,565
37$2,465,188$1,551,474$1,341,830$2,495,710
38$2,643,520$1,554,379$1,313,665$2,653,428
39$2,837,739$1,555,123$1,282,252$2,824,959
40$3,049,392$1,553,528$1,247,411$3,011,667
41$3,280,183$1,549,405$1,208,953$3,215,058
42$3,531,988$1,542,551$1,166,679$3,436,788
43$3,806,869$1,532,755$1,120,381$3,678,683
44$4,107,098$1,519,788$1,069,842$3,942,755
45$4,435,176$1,503,412$1,014,836$4,231,222
46$4,793,857$1,483,372$955,126$4,546,525
47$5,186,172$1,459,399$890,464$4,891,358
48$5,615,458$1,431,206$820,591$5,268,687
49$6,085,390$1,398,490$745,236$5,681,781
50$6,600,016$1,360,932$664,118$6,134,241
51$7,163,792$1,318,192$576,940$6,630,040
52$7,781,626$1,269,911$483,395$7,173,551
53$8,458,924$1,215,709$383,161$7,769,596
54$9,201,639$1,155,183$275,901$8,423,489
55$10,016,327$1,087,909$161,266$9,141,086
56$10,910,212$1,013,436$38,887$9,928,841
57$11,891,248$931,288$0$10,793,866
58$12,968,198$840,964$0$11,756,721
59$14,150,714$741,931$0$12,819,907
60$15,449,428$633,627$0$13,987,603
61$16,876,056$515,461$0$15,270,363
62$18,443,498$386,803$0$16,679,812
63$20,165,972$246,994$0$18,228,763
64$22,059,137$95,332$0$19,931,328
65$24,140,246$0$0$21,803,060
66$26,428,308$0$0$23,864,886
67$28,944,263$0$0$26,137,874
68$31,711,183$0$0$28,637,629
69$34,754,490$0$0$31,387,120
70$38,102,190$0$0$34,411,655
71$41,785,142$0$0$37,739,119
72$45,837,346$0$0$41,400,235
73$50,296,263$0$0$45,428,854
74$55,203,170$0$0$49,862,274
75$60,603,547$0$0$54,741,593
76$66,547,507$0$0$60,112,094
77$73,090,267$0$0$66,023,672
78$80,292,668$0$0$72,531,306
79$88,221,750$0$0$79,695,574
80$96,951,384$0$0$87,583,229
81$106,562,968$0$0$96,267,825
82$117,146,194$0$0$105,830,409
83$128,799,893$0$0$116,360,289
84$141,632,971$0$0$127,955,875
85$155,765,431$0$0$140,725,607
86$171,329,507$0$0$154,788,975
87$188,470,913$0$0$170,277,652
88$207,350,215$0$0$187,336,730
89$228,144,346$0$0$206,126,093
90$251,048,279$0$0$226,821,922
91$276,276,858$0$0$249,618,362
92$304,066,834$0$0$274,729,348
93$334,679,095$0$0$302,390,627
94$368,401,126$0$0$332,861,981
95$405,549,724$0$0$366,429,680
96$446,473,987$0$0$403,409,181
97$491,558,608$0$0$444,148,107
98$541,227,505$0$0$489,029,525
99$595,947,821$0$0$538,475,565
100$656,234,336$0$0$592,951,400