Can I retire at age 30 with 1,530,000?

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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$126,346$125,221$124,123$123,051$122,004$120,480
2 years$62,548$61,383$60,254$59,159$58,097$56,563
3 years$41,284$40,114$38,988$37,904$36,859$35,363
4 years$30,655$29,488$28,373$27,308$26,288$24,842
5 years$24,278$23,119$22,019$20,975$19,984$18,592
6 years$20,029$18,878$17,795$16,774$15,813$14,476
7 years$16,995$15,854$14,787$13,791$12,860$11,579
8 years$14,721$13,590$12,541$11,569$10,669$9,444
9 years$12,952$11,832$10,801$9,854$8,984$7,815
10 years$11,539$10,430$9,417$8,494$7,655$6,541
11 years$10,383$9,285$8,291$7,392$6,584$5,523
12 years$9,420$8,334$7,358$6,484$5,705$4,697
13 years$8,606$7,531$6,574$5,725$4,975$4,018
14 years$7,910$6,846$5,906$5,082$4,361$3,454
15 years$7,306$6,254$5,333$4,532$3,840$2,981
16 years$6,778$5,738$4,835$4,058$3,394$2,581
17 years$6,313$5,284$4,399$3,646$3,009$2,242
18 years$5,901$4,883$4,016$3,286$2,676$1,952
19 years$5,532$4,525$3,677$2,969$2,385$1,703
20 years$5,200$4,205$3,374$2,689$2,130$1,488
21 years$4,900$3,917$3,104$2,440$1,906$1,303
22 years$4,628$3,656$2,860$2,219$1,709$1,142
23 years$4,380$3,420$2,641$2,021$1,534$1,002
24 years$4,153$3,204$2,443$1,843$1,379$880
25 years$3,945$3,007$2,262$1,683$1,241$774
26 years$3,752$2,826$2,098$1,539$1,117$681
27 years$3,575$2,660$1,948$1,409$1,007$600
28 years$3,410$2,506$1,811$1,291$909$529
29 years$3,257$2,364$1,686$1,184$821$466
30 years$3,114$2,233$1,570$1,086$742$411
31 years$2,981$2,111$1,464$998$671$363
32 years$2,857$1,997$1,366$917$607$320
33 years$2,740$1,891$1,275$843$549$283
34 years$2,630$1,793$1,191$776$497$249
35 years$2,527$1,700$1,114$714$450$220
36 years$2,430$1,614$1,042$658$408$195
37 years$2,338$1,533$975$606$370$172
38 years$2,252$1,457$913$559$335$152
39 years$2,170$1,385$856$515$304$134
40 years$2,092$1,318$802$475$276$119
41 years$2,018$1,254$752$438$250$105
42 years$1,948$1,195$705$404$227$93
43 years$1,881$1,138$662$373$206$82
44 years$1,818$1,085$621$345$187$73
45 years$1,757$1,035$583$318$170$64
46 years$1,700$987$548$294$154$57
47 years$1,645$942$515$272$140$50
48 years$1,592$899$484$251$127$44
49 years$1,542$859$455$232$115$39
50 years$1,494$820$428$214$105$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,530,000, adding $5,233 every year, while hoping to spend $26,978 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: 54/33/13 Blend
29$1,530,000$1,530,000$1,530,000$1,530,000
30$1,691,458$1,610,368$1,586,653$1,776,780
31$1,835,282$1,660,571$1,611,101$1,885,609
32$1,992,872$1,712,331$1,635,465$2,000,647
33$2,165,604$1,765,694$1,659,711$2,125,238
34$2,354,992$1,820,710$1,683,809$2,260,294
35$2,562,706$1,877,429$1,707,720$2,406,822
36$2,790,583$1,935,903$1,731,410$2,565,929
37$3,040,647$1,996,188$1,754,837$2,738,834
38$3,315,129$2,058,337$1,777,960$2,926,875
39$3,616,484$2,122,407$1,800,734$3,131,530
40$3,947,419$2,188,459$1,823,112$3,354,422
41$4,310,914$2,256,552$1,845,044$3,597,340
42$4,710,253$2,326,748$1,866,479$3,862,251
43$5,149,052$2,399,112$1,887,359$4,151,323
44$5,631,297$2,473,710$1,907,627$4,466,944
45$6,161,378$2,550,610$1,927,221$4,811,739
46$6,744,131$2,629,883$1,946,076$5,188,605
47$7,384,885$2,711,600$1,964,122$5,600,726
48$8,089,511$2,795,836$1,981,288$6,051,613
49$8,864,477$2,882,668$1,997,497$6,545,132
50$9,716,909$2,972,174$2,012,668$7,085,540
51$10,654,659$3,064,436$2,026,718$7,677,525
52$11,686,379$3,159,538$2,039,558$8,326,255
53$12,821,599$3,257,565$2,051,093$9,037,417
54$14,070,824$3,358,607$2,061,226$9,817,280
55$15,445,624$3,462,755$2,069,853$10,672,747
56$16,958,750$3,570,102$2,076,865$11,611,425
57$18,624,252$3,680,747$2,082,150$12,641,692
58$20,457,610$3,794,787$2,085,586$13,772,778
59$22,475,881$3,912,327$2,087,048$15,014,855
60$24,697,861$4,033,471$2,086,405$16,379,124
61$27,144,261$4,158,329$2,083,517$17,877,929
62$29,837,901$4,287,013$2,078,240$19,524,871
63$32,803,927$4,419,637$2,070,421$21,334,933
64$36,070,048$4,556,320$2,059,901$23,324,623
65$39,666,798$4,697,184$2,046,513$25,512,131
66$43,627,821$4,842,356$2,030,080$27,917,499
67$47,990,190$4,991,963$2,010,420$30,562,808
68$52,794,760$5,146,140$1,987,340$33,472,391
69$58,086,548$5,305,023$1,960,638$36,673,056
70$63,915,160$5,468,753$1,930,103$40,194,345
71$70,335,259$5,637,474$1,895,514$44,068,806
72$77,407,082$5,811,337$1,856,641$48,332,306
73$85,197,006$5,990,495$1,813,240$53,024,366
74$93,778,176$6,175,105$1,765,059$58,188,533
75$103,231,195$6,365,329$1,711,833$63,872,794
76$113,644,882$6,561,336$1,653,285$70,130,023
77$125,117,115$6,763,296$1,589,124$77,018,488
78$137,755,749$6,971,386$1,519,049$84,602,391
79$151,679,640$7,185,789$1,442,742$92,952,481
80$167,019,762$7,406,690$1,359,872$102,146,719
81$183,920,442$7,634,283$1,270,092$112,271,012
82$202,540,730$7,868,765$1,173,043$123,420,026
83$223,055,889$8,110,339$1,068,344$135,698,079
84$245,659,058$8,359,215$955,603$149,220,121
85$270,563,072$8,615,606$834,405$164,112,827
86$298,002,470$8,879,735$704,322$180,515,785
87$328,235,707$9,151,828$564,903$198,582,815
88$361,547,600$9,432,119$415,678$218,483,424
89$398,252,010$9,720,847$256,157$240,404,401
90$438,694,806$10,018,259$85,829$264,551,584
91$483,257,131$10,324,609$0$291,151,799
92$532,359,000$10,640,156$0$320,468,313
93$586,463,264$10,965,170$0$352,776,836
94$646,079,977$11,299,923$0$388,369,068
95$711,771,215$11,644,700$0$427,579,586
96$784,156,379$11,999,790$0$470,777,084
97$863,918,040$12,365,491$0$518,367,850
98$951,808,390$12,742,109$0$570,799,602
99$1,048,656,332$13,129,959$0$628,565,713
100$1,155,375,314$13,529,363$0$692,209,869