Can I retire at age 30 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$142,862$141,589$140,348$139,136$137,953$133,590
2 years$70,724$69,406$68,130$66,892$65,692$61,336
3 years$46,681$45,358$44,085$42,859$41,678$37,466
4 years$34,662$33,343$32,082$30,877$29,725$25,689
5 years$27,452$26,141$24,897$23,717$22,596$18,747
6 years$22,647$21,346$20,121$18,966$17,880$14,220
7 years$19,217$17,927$16,720$15,593$14,541$11,071
8 years$16,645$15,366$14,180$13,081$12,063$8,780
9 years$14,646$13,379$12,213$11,142$10,159$7,060
10 years$13,047$11,793$10,648$9,604$8,656$5,736
11 years$11,740$10,499$9,374$8,359$7,444$4,698
12 years$10,652$9,423$8,319$7,332$6,451$3,872
13 years$9,732$8,516$7,433$6,473$5,626$3,208
14 years$8,943$7,741$6,678$5,746$4,931$2,669
15 years$8,261$7,071$6,030$5,124$4,342$2,228
16 years$7,665$6,488$5,467$4,588$3,837$1,865
17 years$7,139$5,975$4,975$4,123$3,402$1,565
18 years$6,672$5,521$4,541$3,715$3,025$1,315
19 years$6,255$5,117$4,157$3,357$2,697$1,107
20 years$5,880$4,755$3,815$3,040$2,409$933
21 years$5,541$4,429$3,509$2,759$2,155$788
22 years$5,233$4,134$3,234$2,509$1,932$665
23 years$4,953$3,867$2,986$2,285$1,734$562
24 years$4,696$3,623$2,762$2,084$1,559$476
25 years$4,460$3,400$2,558$1,903$1,403$403
26 years$4,243$3,195$2,372$1,740$1,264$341
27 years$4,042$3,007$2,203$1,593$1,139$289
28 years$3,856$2,834$2,048$1,459$1,028$245
29 years$3,683$2,673$1,906$1,338$928$207
30 years$3,522$2,525$1,775$1,228$839$176
31 years$3,371$2,387$1,655$1,128$758$149
32 years$3,230$2,258$1,544$1,037$686$126
33 years$3,098$2,139$1,442$953$621$107
34 years$2,974$2,027$1,347$877$562$91
35 years$2,858$1,922$1,259$807$509$77
36 years$2,748$1,825$1,178$744$461$65
37 years$2,644$1,733$1,103$685$418$56
38 years$2,546$1,647$1,033$632$379$47
39 years$2,453$1,566$968$582$344$40
40 years$2,365$1,490$907$537$312$34
41 years$2,282$1,418$850$496$283$29
42 years$2,203$1,351$798$457$257$24
43 years$2,127$1,287$748$422$233$21
44 years$2,055$1,227$703$390$211$18
45 years$1,987$1,170$660$360$192$15
46 years$1,922$1,116$620$333$174$13
47 years$1,860$1,065$582$307$158$11
48 years$1,800$1,017$547$284$144$9
49 years$1,743$971$514$262$130$8
50 years$1,689$927$483$242$119$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,730,000, adding $4,459 every year, while hoping to spend $58,588 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: 42/30/28 Blend
29$1,730,000$1,730,000$1,730,000$1,730,000
30$1,911,059$1,819,369$1,792,554$1,975,492
31$2,043,650$1,846,181$1,790,268$2,049,116
32$2,187,802$1,872,343$1,785,941$2,122,947
33$2,344,631$1,897,762$1,779,444$2,201,789
34$2,515,368$1,922,337$1,770,640$2,286,138
35$2,701,365$1,945,961$1,759,385$2,376,547
36$2,904,111$1,968,519$1,745,531$2,473,625
37$3,125,243$1,989,890$1,728,920$2,578,046
38$3,366,566$2,009,943$1,709,387$2,690,556
39$3,630,065$2,028,538$1,686,760$2,811,981
40$3,917,923$2,045,529$1,660,858$2,943,233
41$4,232,547$2,060,755$1,631,493$3,085,322
42$4,576,585$2,074,051$1,598,466$3,239,362
43$4,952,954$2,085,236$1,561,571$3,406,589
44$5,364,862$2,094,120$1,520,591$3,588,364
45$5,815,847$2,100,500$1,475,300$3,786,196
46$6,309,801$2,104,162$1,425,460$4,001,750
47$6,851,011$2,104,877$1,370,823$4,236,867
48$7,444,199$2,102,401$1,311,131$4,493,582
49$8,094,566$2,096,477$1,246,112$4,774,141
50$8,807,839$2,086,831$1,175,484$5,081,028
51$9,590,325$2,073,173$1,098,950$5,416,985
52$10,448,975$2,055,195$1,016,201$5,785,042
53$11,391,440$2,032,569$926,913$6,188,547
54$12,426,151$2,004,949$830,749$6,631,193
55$13,562,396$1,971,969$727,356$7,117,062
56$14,810,404$1,933,239$616,367$7,650,660
57$16,181,445$1,888,348$497,395$8,236,963
58$17,687,935$1,836,859$370,040$8,881,463
59$19,343,550$1,778,311$233,882$9,590,225
60$21,163,358$1,712,214$88,483$10,369,942
61$23,163,960$1,638,052$0$11,228,003
62$25,363,644$1,555,277$0$12,192,485
63$27,782,560$1,463,310$0$13,281,972
64$30,442,908$1,361,539$0$14,480,081
65$33,369,148$1,249,318$0$15,797,930
66$36,588,227$1,125,960$0$17,247,774
67$40,129,838$990,744$0$18,843,128
68$44,026,696$842,906$0$20,598,891
69$48,314,848$681,637$0$22,531,491
70$53,034,010$506,085$0$24,659,043
71$58,227,945$315,348$0$27,001,514
72$63,944,872$108,477$0$29,580,924
73$70,237,922$0$0$32,421,545
74$77,165,639$0$0$35,588,279
75$84,792,532$0$0$39,114,308
76$93,189,683$0$0$42,996,716
77$102,435,414$0$0$47,271,752
78$112,616,032$0$0$51,979,356
79$123,826,638$0$0$57,163,541
80$136,172,024$0$0$62,872,806
81$149,767,664$0$0$69,160,591
82$164,740,801$0$0$76,085,785
83$181,231,649$0$0$83,713,279
84$199,394,713$0$0$92,114,580
85$219,400,249$0$0$101,368,484
86$241,435,868$0$0$111,561,821
87$265,708,310$0$0$122,790,270
88$292,445,389$0$0$135,159,270
89$321,898,147$0$0$148,785,005
90$354,343,221$0$0$163,795,510
91$390,085,454$0$0$180,331,871
92$429,460,771$0$0$198,549,561
93$472,839,348$0$0$218,619,907
94$520,629,107$0$0$240,731,704
95$573,279,566$0$0$265,093,000
96$631,286,080$0$0$291,933,058
97$695,194,517$0$0$321,504,520
98$765,606,408$0$0$354,085,791
99$843,184,626$0$0$389,983,668
100$928,659,643$0$0$429,536,234