Can I retire at age 30 with 1,570,000?

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 $1,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$129,649$128,494$127,368$126,268$125,194$122,918
2 years$64,183$62,987$61,829$60,706$59,616$57,331
3 years$42,363$41,163$40,007$38,895$37,823$35,600
4 years$31,456$30,259$29,115$28,021$26,976$24,832
5 years$24,913$23,724$22,595$21,523$20,506$18,449
6 years$20,553$19,372$18,260$17,212$16,226$14,256
7 years$17,439$16,269$15,174$14,151$13,196$11,314
8 years$15,105$13,945$12,869$11,871$10,947$9,154
9 years$13,291$12,142$11,084$10,111$9,219$7,512
10 years$11,840$10,702$9,663$8,716$7,855$6,234
11 years$10,654$9,528$8,507$7,586$6,756$5,218
12 years$9,667$8,552$7,550$6,654$5,854$4,398
13 years$8,831$7,728$6,745$5,874$5,105$3,728
14 years$8,116$7,025$6,061$5,214$4,475$3,174
15 years$7,497$6,417$5,472$4,650$3,940$2,714
16 years$6,956$5,888$4,961$4,164$3,482$2,327
17 years$6,479$5,422$4,515$3,741$3,088$2,001
18 years$6,055$5,010$4,121$3,372$2,746$1,725
19 years$5,676$4,644$3,773$3,047$2,447$1,489
20 years$5,336$4,315$3,462$2,759$2,186$1,288
21 years$5,028$4,019$3,185$2,504$1,956$1,116
22 years$4,749$3,752$2,935$2,277$1,753$968
23 years$4,495$3,509$2,710$2,074$1,574$840
24 years$4,262$3,288$2,506$1,891$1,415$730
25 years$4,048$3,085$2,321$1,727$1,273$635
26 years$3,850$2,900$2,153$1,579$1,147$552
27 years$3,668$2,729$1,999$1,446$1,034$481
28 years$3,499$2,572$1,859$1,324$933$419
29 years$3,342$2,426$1,730$1,215$842$365
30 years$3,196$2,291$1,611$1,115$761$318
31 years$3,059$2,166$1,502$1,024$688$278
32 years$2,931$2,049$1,401$941$622$242
33 years$2,812$1,941$1,308$865$563$211
34 years$2,699$1,839$1,223$796$510$184
35 years$2,593$1,745$1,143$733$462$161
36 years$2,494$1,656$1,069$675$419$141
37 years$2,399$1,573$1,001$622$379$123
38 years$2,310$1,495$937$573$344$107
39 years$2,226$1,421$878$528$312$94
40 years$2,146$1,352$823$487$283$82
41 years$2,071$1,287$772$450$257$71
42 years$1,999$1,226$724$415$233$62
43 years$1,930$1,168$679$383$211$55
44 years$1,865$1,113$638$354$192$48
45 years$1,803$1,062$599$327$174$42
46 years$1,744$1,013$562$302$158$36
47 years$1,688$967$528$279$144$32
48 years$1,634$923$496$258$130$28
49 years$1,582$881$467$238$118$24
50 years$1,533$842$439$220$108$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,570,000, adding $4,650 every year, while hoping to spend $42,897 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: 32/41/27 Blend
29$1,570,000$1,570,000$1,570,000$1,570,000
30$1,734,936$1,651,726$1,627,391$1,776,018
31$1,866,258$1,687,019$1,636,267$1,843,099
32$2,009,536$1,722,603$1,644,002$1,911,176
33$2,165,946$1,758,448$1,650,513$1,983,658
34$2,336,780$1,794,519$1,655,713$2,060,960
35$2,523,461$1,830,780$1,659,509$2,143,543
36$2,727,556$1,867,190$1,661,804$2,231,916
37$2,950,790$1,903,706$1,662,498$2,326,639
38$3,195,062$1,940,279$1,661,483$2,428,333
39$3,462,463$1,976,857$1,658,648$2,537,680
40$3,755,297$2,013,386$1,653,875$2,655,438
41$4,076,099$2,049,803$1,647,041$2,782,439
42$4,427,662$2,086,045$1,638,018$2,919,604
43$4,813,063$2,122,040$1,626,671$3,067,952
44$5,235,688$2,157,713$1,612,857$3,228,603
45$5,699,270$2,192,982$1,596,429$3,402,798
46$6,207,917$2,227,760$1,577,231$3,591,905
47$6,766,157$2,261,953$1,555,101$3,797,435
48$7,378,976$2,295,459$1,529,868$4,021,055
49$8,051,867$2,328,172$1,501,354$4,264,606
50$8,790,880$2,359,975$1,469,372$4,530,121
51$9,602,680$2,390,745$1,433,726$4,819,841
52$10,494,611$2,420,348$1,394,214$5,136,244
53$11,474,761$2,448,645$1,350,620$5,482,060
54$12,552,042$2,475,484$1,302,721$5,860,305
55$13,736,272$2,500,704$1,250,283$6,274,307
56$15,038,266$2,524,134$1,193,063$6,727,739
57$16,469,942$2,545,589$1,130,803$7,224,653
58$18,044,429$2,564,876$1,063,238$7,769,520
59$19,776,193$2,581,786$990,088$8,367,275
60$21,681,169$2,596,099$911,061$9,023,362
61$23,776,920$2,607,579$825,852$9,743,786
62$26,082,791$2,615,976$734,144$10,535,174
63$28,620,101$2,621,024$635,603$11,404,837
64$31,412,337$2,622,440$529,882$12,360,839
65$34,485,381$2,619,926$416,619$13,412,077
66$37,867,749$2,613,160$295,434$14,568,365
67$41,590,861$2,601,807$165,933$15,840,526
68$45,689,339$2,585,506$27,702$17,240,502
69$50,201,333$2,563,877$0$18,781,460
70$55,168,878$2,536,516$0$20,512,443
71$60,638,294$2,502,995$0$22,425,714
72$66,660,619$2,462,861$0$24,531,085
73$73,292,093$2,415,633$0$26,848,182
74$80,594,689$2,360,801$0$29,398,637
75$88,636,693$2,297,826$0$32,206,300
76$97,493,355$2,226,139$0$35,297,458
77$107,247,591$2,145,134$0$38,701,091
78$117,990,772$2,054,172$0$42,449,144
79$129,823,581$1,952,576$0$46,576,828
80$142,856,965$1,839,631$0$51,122,960
81$157,213,183$1,714,581$0$56,130,326
82$173,026,957$1,576,624$0$61,646,089
83$190,446,743$1,424,916$0$67,722,235
84$209,636,136$1,258,561$0$74,416,068
85$230,775,406$1,076,616$0$81,790,751
86$254,063,209$878,081$0$89,915,906
87$279,718,452$661,903$0$98,868,275
88$307,982,365$426,967$0$108,732,444
89$339,120,774$172,096$0$119,601,646
90$373,426,614$0$0$131,578,645
91$411,222,689$0$0$144,823,608
92$452,864,720$0$0$159,502,270
93$498,744,704$0$0$175,675,215
94$549,294,611$0$0$193,494,767
95$604,990,463$0$0$213,128,786
96$666,356,829$0$0$234,762,247
97$733,971,770$0$0$258,598,992
98$808,472,301$0$0$284,863,652
99$890,560,402$0$0$313,803,765
100$981,009,643$0$0$345,692,117