Can I retire at age 30 with 1,670,000?

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 $1,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$137,907$136,679$135,480$134,310$133,168$128,494
2 years$68,271$66,999$65,767$64,572$63,413$58,754
3 years$45,062$43,785$42,556$41,372$40,232$35,733
4 years$33,460$32,186$30,970$29,806$28,694$24,390
5 years$26,500$25,235$24,034$22,894$21,813$17,715
6 years$21,862$20,606$19,423$18,309$17,260$13,371
7 years$18,550$17,305$16,140$15,052$14,037$10,357
8 years$16,068$14,833$13,688$12,627$11,645$8,170
9 years$14,138$12,915$11,790$10,756$9,807$6,533
10 years$12,595$11,384$10,279$9,271$8,356$5,278
11 years$11,333$10,135$9,049$8,069$7,186$4,298
12 years$10,282$9,096$8,031$7,077$6,227$3,521
13 years$9,394$8,220$7,175$6,248$5,430$2,900
14 years$8,633$7,472$6,447$5,547$4,760$2,397
15 years$7,975$6,826$5,821$4,947$4,191$1,988
16 years$7,399$6,263$5,277$4,429$3,704$1,654
17 years$6,891$5,768$4,802$3,980$3,284$1,378
18 years$6,441$5,330$4,384$3,586$2,920$1,151
19 years$6,038$4,939$4,013$3,241$2,603$962
20 years$5,676$4,590$3,683$2,935$2,325$805
21 years$5,349$4,275$3,388$2,664$2,081$675
22 years$5,052$3,991$3,122$2,422$1,865$566
23 years$4,781$3,733$2,883$2,206$1,674$475
24 years$4,533$3,497$2,666$2,012$1,505$399
25 years$4,306$3,282$2,469$1,837$1,354$335
26 years$4,096$3,084$2,290$1,680$1,220$282
27 years$3,902$2,903$2,127$1,538$1,100$237
28 years$3,722$2,735$1,977$1,409$992$199
29 years$3,555$2,580$1,840$1,292$896$168
30 years$3,399$2,437$1,714$1,186$810$141
31 years$3,254$2,304$1,598$1,089$732$119
32 years$3,118$2,180$1,491$1,001$662$100
33 years$2,991$2,064$1,392$920$599$84
34 years$2,871$1,957$1,300$847$542$71
35 years$2,758$1,856$1,216$779$491$60
36 years$2,652$1,761$1,137$718$445$50
37 years$2,552$1,673$1,065$661$403$42
38 years$2,458$1,590$997$610$366$36
39 years$2,368$1,512$934$562$332$30
40 years$2,283$1,438$875$518$301$25
41 years$2,203$1,369$821$478$273$21
42 years$2,126$1,304$770$441$248$18
43 years$2,053$1,242$723$408$225$15
44 years$1,984$1,184$678$376$204$13
45 years$1,918$1,129$637$347$185$11
46 years$1,855$1,077$598$321$168$9
47 years$1,795$1,028$562$297$153$8
48 years$1,738$981$528$274$139$6
49 years$1,683$937$496$253$126$5
50 years$1,631$895$467$234$114$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,670,000, adding $4,731 every year, while hoping to spend $36,698 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: 54/20/26 Blend
29$1,670,000$1,670,000$1,670,000$1,670,000
30$1,845,220$1,756,710$1,730,825$1,931,342
31$1,994,386$1,803,742$1,749,761$2,038,296
32$2,157,537$1,851,849$1,768,102$2,150,496
33$2,336,061$1,901,045$1,785,788$2,271,899
34$2,531,485$1,951,343$1,802,758$2,403,401
35$2,745,493$2,002,755$1,818,947$2,545,988
36$2,979,937$2,055,294$1,834,286$2,700,748
37$3,236,859$2,108,971$1,848,702$2,868,878
38$3,518,505$2,163,796$1,862,120$3,051,697
39$3,827,350$2,219,780$1,874,459$3,250,658
40$4,166,121$2,276,931$1,885,635$3,467,363
41$4,537,822$2,335,257$1,895,559$3,703,578
42$4,945,758$2,394,763$1,904,139$3,961,246
43$5,393,574$2,455,455$1,911,276$4,242,510
44$5,885,282$2,517,336$1,916,868$4,549,733
45$6,425,304$2,580,409$1,920,806$4,885,515
46$7,018,509$2,644,673$1,922,978$5,252,726
47$7,670,263$2,710,128$1,923,264$5,654,525
48$8,386,476$2,776,770$1,921,539$6,094,395
49$9,173,658$2,844,594$1,917,672$6,576,176
50$10,038,984$2,913,591$1,911,526$7,104,096
51$10,990,356$2,983,752$1,902,958$7,682,819
52$12,036,480$3,055,064$1,891,815$8,317,482
53$13,186,950$3,127,511$1,877,940$9,013,748
54$14,452,334$3,201,075$1,861,166$9,777,859
55$15,844,278$3,275,733$1,841,321$10,616,692
56$17,375,611$3,351,461$1,818,222$11,537,829
57$19,060,469$3,428,228$1,791,678$12,549,624
58$20,914,428$3,506,002$1,761,490$13,661,285
59$22,954,649$3,584,746$1,727,449$14,882,962
60$25,200,041$3,664,416$1,689,337$16,225,840
61$27,671,440$3,744,968$1,646,925$17,702,246
62$30,391,803$3,826,347$1,599,973$19,325,766
63$33,386,426$3,908,497$1,548,231$21,111,375
64$36,683,183$3,991,355$1,491,438$23,075,575
65$40,312,786$4,074,850$1,429,320$25,236,557
66$44,309,078$4,158,905$1,361,589$27,614,365
67$48,709,350$4,243,437$1,287,949$30,231,094
68$53,554,693$4,328,355$1,208,084$33,111,092
69$58,890,386$4,413,559$1,121,670$36,281,197
70$64,766,323$4,498,941$1,028,363$39,770,985
71$71,237,483$4,584,384$927,809$43,613,052
72$78,364,449$4,669,761$819,632$47,843,323
73$86,213,978$4,754,935$703,446$52,501,393
74$94,859,635$4,839,758$578,842$57,630,897
75$104,382,481$4,924,069$445,397$63,279,926
76$114,871,843$5,007,698$302,667$69,501,482
77$126,426,154$5,090,458$150,189$76,353,978
78$139,153,883$5,172,151$0$83,901,790
79$153,174,555$5,252,564$0$92,219,342
80$168,619,887$5,331,466$0$101,426,040
81$185,635,020$5,408,613$0$111,566,494
82$204,379,898$5,483,741$0$122,735,826
83$225,030,772$5,556,568$0$135,038,860
84$247,781,864$5,626,794$0$148,591,110
85$272,847,204$5,694,096$0$163,519,871
86$300,462,644$5,758,132$0$179,965,420
87$330,888,086$5,818,533$0$198,082,343
88$364,409,939$5,874,909$0$218,040,992
89$401,343,816$5,926,843$0$240,029,093
90$442,037,516$5,973,889$0$264,253,520
91$486,874,307$6,015,574$0$290,942,248
92$536,276,543$6,051,394$0$320,346,503
93$590,709,651$6,080,813$0$352,743,137
94$650,686,522$6,103,259$0$388,437,241
95$716,772,355$6,118,127$0$427,765,025
96$789,589,992$6,124,771$0$471,096,991
97$869,825,793$6,122,507$0$518,841,435
98$958,236,121$6,110,607$0$571,448,298
99$1,055,654,477$6,088,299$0$629,413,416
100$1,162,999,372$6,054,763$0$693,283,203