Can I retire at age 30 with 1,460,000?

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 $1,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$120,565$119,492$118,444$117,421$116,422$112,426
2 years$59,686$58,574$57,497$56,452$55,439$51,454
3 years$39,395$38,279$37,204$36,170$35,173$31,323
4 years$29,252$28,139$27,075$26,058$25,086$21,401
5 years$23,168$22,061$21,011$20,015$19,070$15,561
6 years$19,113$18,015$16,980$16,006$15,089$11,758
7 years$16,217$15,129$14,111$13,160$12,272$9,118
8 years$14,047$12,968$11,967$11,039$10,180$7,201
9 years$12,360$11,291$10,307$9,403$8,573$5,765
10 years$11,011$9,953$8,986$8,106$7,305$4,664
11 years$9,908$8,860$7,911$7,054$6,283$3,802
12 years$8,989$7,952$7,021$6,188$5,444$3,120
13 years$8,213$7,187$6,273$5,463$4,748$2,572
14 years$7,548$6,532$5,636$4,849$4,162$2,130
15 years$6,972$5,968$5,089$4,325$3,664$1,769
16 years$6,468$5,475$4,614$3,872$3,238$1,473
17 years$6,025$5,042$4,198$3,479$2,871$1,230
18 years$5,631$4,659$3,832$3,135$2,553$1,028
19 years$5,279$4,318$3,508$2,833$2,276$861
20 years$4,962$4,013$3,220$2,566$2,033$722
21 years$4,676$3,738$2,962$2,329$1,819$606
22 years$4,416$3,489$2,730$2,117$1,631$509
23 years$4,180$3,263$2,520$1,928$1,464$428
24 years$3,963$3,057$2,331$1,759$1,316$360
25 years$3,764$2,869$2,159$1,606$1,184$303
26 years$3,581$2,697$2,002$1,469$1,066$255
27 years$3,411$2,538$1,859$1,344$961$215
28 years$3,254$2,391$1,728$1,232$867$181
29 years$3,108$2,256$1,608$1,129$783$153
30 years$2,972$2,131$1,498$1,037$708$129
31 years$2,845$2,014$1,397$952$640$108
32 years$2,726$1,906$1,303$875$579$91
33 years$2,615$1,805$1,217$805$524$77
34 years$2,510$1,710$1,137$740$474$65
35 years$2,412$1,622$1,063$681$430$55
36 years$2,319$1,540$994$628$389$46
37 years$2,231$1,463$931$578$353$39
38 years$2,149$1,390$872$533$320$33
39 years$2,070$1,322$817$491$290$28
40 years$1,996$1,257$765$453$263$23
41 years$1,926$1,197$718$418$239$20
42 years$1,859$1,140$673$386$217$17
43 years$1,795$1,086$632$356$197$14
44 years$1,735$1,035$593$329$178$12
45 years$1,677$987$557$304$162$10
46 years$1,622$942$523$281$147$8
47 years$1,570$899$491$259$134$7
48 years$1,519$858$462$240$121$6
49 years$1,471$819$434$221$110$5
50 years$1,425$783$408$205$100$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,460,000, adding $2,076 every year, while hoping to spend $44,467 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: 69/10/21 Blend
29$1,460,000$1,460,000$1,460,000$1,460,000
30$1,611,061$1,533,681$1,511,051$1,713,677
31$1,728,077$1,561,519$1,514,359$1,810,362
32$1,855,538$1,589,231$1,516,287$1,910,729
33$1,994,463$1,616,763$1,516,743$2,019,478
34$2,145,972$1,644,058$1,515,628$2,137,435
35$2,311,300$1,671,056$1,512,840$2,265,508
36$2,491,804$1,697,689$1,508,271$2,404,700
37$2,688,978$1,723,886$1,501,809$2,556,117
38$2,904,470$1,749,573$1,493,335$2,720,976
39$3,140,090$1,774,666$1,482,726$2,900,619
40$3,397,833$1,799,078$1,469,851$3,096,525
41$3,679,896$1,822,717$1,454,575$3,310,327
42$3,988,697$1,845,482$1,436,755$3,543,820
43$4,326,899$1,867,266$1,416,242$3,798,988
44$4,697,436$1,887,955$1,392,879$4,078,015
45$5,103,537$1,907,427$1,366,503$4,383,308
46$5,548,760$1,925,553$1,336,943$4,717,521
47$6,037,022$1,942,193$1,304,019$5,083,581
48$6,572,639$1,957,202$1,267,544$5,484,713
49$7,160,364$1,970,420$1,227,323$5,924,473
50$7,805,432$1,981,682$1,183,149$6,406,778
51$8,513,611$1,990,809$1,134,810$6,935,951
52$9,291,253$1,997,613$1,082,079$7,516,751
53$10,145,355$2,001,890$1,024,724$8,154,430
54$11,083,628$2,003,429$962,498$8,854,773
55$12,114,563$2,002,002$895,147$9,624,158
56$13,247,516$1,997,368$822,402$10,469,617
57$14,492,794$1,989,271$743,984$11,398,899
58$15,861,753$1,977,439$659,601$12,420,547
59$17,366,902$1,961,584$568,948$13,543,978
60$19,022,025$1,941,400$471,707$14,779,571
61$20,842,307$1,916,564$367,544$16,138,766
62$22,844,479$1,886,732$256,114$17,634,175
63$25,046,974$1,851,541$137,052$19,279,697
64$27,470,104$1,810,604$9,981$21,090,654
65$30,136,245$1,763,514$0$23,083,933
66$33,070,054$1,709,839$0$25,306,297
67$36,298,699$1,649,121$0$27,754,331
68$39,852,115$1,580,875$0$30,448,505
69$43,763,283$1,504,591$0$33,413,844
70$48,068,548$1,419,726$0$36,677,926
71$52,807,954$1,325,707$0$40,271,140
72$58,025,627$1,221,928$0$44,226,974
73$63,770,186$1,107,748$0$48,582,329
74$70,095,209$982,491$0$53,377,871
75$77,059,728$845,441$0$58,658,414
76$84,728,795$695,842$0$64,473,340
77$93,174,089$532,895$0$70,877,069
78$102,474,596$355,757$0$77,929,570
79$112,717,352$163,537$0$85,696,931
80$123,998,266$0$0$94,251,978
81$136,423,021$0$0$103,679,885
82$150,108,074$0$0$114,084,042
83$165,181,755$0$0$125,544,030
84$181,785,474$0$0$138,167,375
85$200,075,062$0$0$152,072,564
86$220,222,232$0$0$167,390,163
87$242,416,209$0$0$184,264,053
88$266,865,507$0$0$202,852,782
89$293,799,903$0$0$223,331,067
90$323,472,603$0$0$245,891,436
91$356,162,629$0$0$270,746,052
92$392,177,455$0$0$298,128,710
93$431,855,911$0$0$328,297,046
94$475,571,374$0$0$361,534,967
95$523,735,299$0$0$398,155,332
96$576,801,097$0$0$438,502,904
97$635,268,417$0$0$482,957,604
98$699,687,862$0$0$531,938,096
99$770,666,186$0$0$585,905,742
100$848,872,019$0$0$645,368,951