Can I retire at age 30 with 1,630,000?

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 $1,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$134,604$133,405$132,235$131,093$129,978$125,969
2 years$66,636$65,395$64,192$63,026$61,895$57,890
3 years$43,982$42,736$41,536$40,381$39,268$35,395
4 years$32,658$31,416$30,228$29,092$28,007$24,293
5 years$25,865$24,630$23,458$22,346$21,290$17,747
6 years$21,338$20,112$18,958$17,870$16,846$13,477
7 years$18,106$16,890$15,754$14,692$13,700$10,504
8 years$15,683$14,478$13,361$12,325$11,366$8,341
9 years$13,799$12,606$11,507$10,498$9,572$6,714
10 years$12,293$11,111$10,032$9,049$8,156$5,462
11 years$11,061$9,892$8,832$7,876$7,014$4,479
12 years$10,036$8,878$7,839$6,908$6,078$3,697
13 years$9,169$8,023$7,003$6,099$5,300$3,067
14 years$8,426$7,293$6,292$5,414$4,646$2,555
15 years$7,784$6,662$5,681$4,828$4,091$2,136
16 years$7,222$6,113$5,151$4,323$3,616$1,791
17 years$6,726$5,629$4,687$3,884$3,206$1,504
18 years$6,286$5,202$4,279$3,500$2,850$1,266
19 years$5,893$4,821$3,917$3,163$2,541$1,068
20 years$5,540$4,480$3,595$2,865$2,269$901
21 years$5,221$4,173$3,306$2,600$2,031$762
22 years$4,931$3,895$3,047$2,364$1,820$645
23 years$4,666$3,643$2,814$2,153$1,634$546
24 years$4,425$3,413$2,602$1,964$1,469$462
25 years$4,202$3,203$2,410$1,793$1,322$392
26 years$3,998$3,011$2,235$1,640$1,190$332
27 years$3,808$2,833$2,076$1,501$1,073$282
28 years$3,633$2,670$1,930$1,375$968$239
29 years$3,470$2,519$1,796$1,261$875$203
30 years$3,318$2,379$1,673$1,157$790$173
31 years$3,176$2,249$1,559$1,063$714$147
32 years$3,043$2,128$1,455$977$646$125
33 years$2,919$2,015$1,358$898$585$106
34 years$2,802$1,910$1,269$826$529$90
35 years$2,692$1,811$1,187$761$480$76
36 years$2,589$1,719$1,110$701$435$65
37 years$2,491$1,633$1,039$646$394$55
38 years$2,399$1,552$973$595$357$47
39 years$2,311$1,476$912$549$324$40
40 years$2,228$1,404$854$506$294$34
41 years$2,150$1,336$801$467$266$29
42 years$2,075$1,273$752$431$242$24
43 years$2,004$1,213$705$398$219$21
44 years$1,937$1,156$662$367$199$18
45 years$1,872$1,102$622$339$181$15
46 years$1,811$1,052$584$313$164$13
47 years$1,752$1,003$548$289$149$11
48 years$1,696$958$515$267$135$9
49 years$1,643$915$484$247$123$8
50 years$1,591$874$455$228$112$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,630,000, adding $6,648 every year, while hoping to spend $47,588 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: 46/30/24 Blend
29$1,630,000$1,630,000$1,630,000$1,630,000
30$1,803,117$1,716,727$1,691,462$1,873,363
31$1,936,402$1,750,214$1,697,493$1,956,967
32$2,081,687$1,783,746$1,702,131$2,042,428
33$2,240,146$1,817,276$1,705,279$2,134,202
34$2,413,070$1,850,752$1,706,835$2,232,900
35$2,601,882$1,884,118$1,706,693$2,339,199
36$2,808,148$1,917,314$1,704,741$2,453,848
37$3,033,590$1,950,273$1,700,861$2,577,668
38$3,280,106$1,982,926$1,694,930$2,711,571
39$3,549,785$2,015,198$1,686,818$2,856,559
40$3,844,927$2,047,007$1,676,391$3,013,738
41$4,168,065$2,078,266$1,663,505$3,184,331
42$4,521,989$2,108,881$1,648,014$3,369,686
43$4,909,769$2,138,754$1,629,759$3,571,289
44$5,334,789$2,167,776$1,608,580$3,790,781
45$5,800,773$2,195,833$1,584,303$4,029,972
46$6,311,826$2,222,803$1,556,752$4,290,860
47$6,872,467$2,248,555$1,525,737$4,575,648
48$7,487,673$2,272,949$1,491,064$4,886,768
49$8,162,929$2,295,836$1,452,527$5,226,900
50$8,904,272$2,317,057$1,409,912$5,599,004
51$9,718,358$2,336,443$1,362,994$6,006,344
52$10,612,515$2,353,813$1,311,538$6,452,520
53$11,594,817$2,368,975$1,255,300$6,941,504
54$12,674,157$2,381,724$1,194,022$7,477,676
55$13,860,336$2,391,843$1,127,437$8,065,869
56$15,164,148$2,399,101$1,055,263$8,711,413
57$16,597,485$2,403,251$977,208$9,420,186
58$18,173,450$2,404,032$892,966$10,198,674
59$19,906,479$2,401,166$802,218$11,054,027
60$21,812,475$2,394,359$704,628$11,994,131
61$23,908,963$2,383,298$599,848$13,027,685
62$26,215,249$2,367,651$487,515$14,164,282
63$28,752,604$2,347,066$367,246$15,414,499
64$31,544,467$2,321,169$238,646$16,790,002
65$34,616,661$2,289,565$101,299$18,303,654
66$37,997,640$2,251,834$0$19,969,641
67$41,718,757$2,207,531$0$21,815,197
68$45,814,557$2,156,187$0$23,874,413
69$50,323,103$2,097,302$0$26,140,458
70$55,286,339$2,030,348$0$28,634,427
71$60,750,478$1,954,768$0$31,379,569
72$66,766,445$1,869,970$0$34,401,513
73$73,390,352$1,775,328$0$37,728,506
74$80,684,030$1,670,181$0$41,391,681
75$88,715,611$1,553,830$0$45,425,354
76$97,560,170$1,425,534$0$49,867,350
77$107,300,434$1,284,513$0$54,759,357
78$118,027,563$1,129,938$0$60,147,324
79$129,842,008$960,938$0$66,081,895
80$142,854,458$776,590$0$72,618,891
81$157,186,888$575,918$0$79,819,835
82$172,973,706$357,893$0$87,752,535
83$190,363,023$121,429$0$96,491,728
84$209,518,049$0$0$106,119,787
85$230,618,634$0$0$116,771,940
86$253,862,966$0$0$128,550,760
87$279,469,439$0$0$141,526,863
88$307,678,714$0$0$155,822,243
89$338,755,993$0$0$171,571,330
90$372,993,516$0$0$188,922,263
91$410,713,325$0$0$208,038,287
92$452,270,301$0$0$229,099,293
93$498,055,511$0$0$252,303,516
94$548,499,903$0$0$277,869,408
95$604,078,368$0$0$306,037,694
96$665,314,228$0$0$337,073,652
97$732,784,172$0$0$371,269,612
98$807,123,698$0$0$408,947,714
99$889,033,116$0$0$450,462,954
100$979,284,153$0$0$496,206,530