Can I retire at age 30 with 1,770,000?

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 $1,770,000?

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$146,165$144,863$143,593$142,353$141,142$136,679
2 years$72,359$71,011$69,705$68,439$67,211$62,754
3 years$47,760$46,407$45,104$43,849$42,641$38,332
4 years$35,463$34,114$32,824$31,591$30,412$26,283
5 years$28,087$26,746$25,473$24,265$23,119$19,180
6 years$23,171$21,840$20,586$19,405$18,293$14,549
7 years$19,661$18,341$17,107$15,954$14,877$11,327
8 years$17,030$15,722$14,508$13,383$12,342$8,983
9 years$14,984$13,689$12,496$11,400$10,394$7,223
10 years$13,349$12,066$10,894$9,827$8,856$5,868
11 years$12,012$10,741$9,591$8,552$7,616$4,806
12 years$10,898$9,641$8,512$7,501$6,600$3,962
13 years$9,957$8,713$7,605$6,623$5,756$3,282
14 years$9,150$7,920$6,833$5,879$5,045$2,731
15 years$8,452$7,235$6,169$5,243$4,442$2,279
16 years$7,842$6,638$5,593$4,694$3,926$1,908
17 years$7,304$6,113$5,090$4,218$3,481$1,601
18 years$6,826$5,649$4,646$3,801$3,095$1,346
19 years$6,399$5,235$4,253$3,435$2,759$1,133
20 years$6,016$4,865$3,904$3,111$2,464$955
21 years$5,669$4,531$3,590$2,823$2,205$806
22 years$5,354$4,230$3,309$2,567$1,977$681
23 years$5,067$3,956$3,055$2,338$1,774$575
24 years$4,805$3,707$2,826$2,132$1,595$487
25 years$4,563$3,478$2,617$1,947$1,435$412
26 years$4,341$3,269$2,427$1,780$1,293$349
27 years$4,135$3,077$2,254$1,630$1,166$295
28 years$3,945$2,899$2,095$1,493$1,052$250
29 years$3,768$2,735$1,950$1,369$950$212
30 years$3,603$2,583$1,816$1,257$858$180
31 years$3,449$2,442$1,693$1,154$776$153
32 years$3,305$2,310$1,580$1,061$702$129
33 years$3,170$2,188$1,475$975$635$110
34 years$3,043$2,074$1,378$897$575$93
35 years$2,924$1,967$1,289$826$521$79
36 years$2,811$1,867$1,205$761$472$67
37 years$2,705$1,773$1,128$701$428$57
38 years$2,605$1,685$1,057$646$388$48
39 years$2,510$1,602$990$596$352$41
40 years$2,420$1,524$928$550$319$35
41 years$2,335$1,451$870$507$289$29
42 years$2,253$1,382$816$468$263$25
43 years$2,176$1,317$766$432$238$21
44 years$2,103$1,255$719$399$216$18
45 years$2,033$1,197$675$368$196$15
46 years$1,966$1,142$634$340$178$13
47 years$1,903$1,090$596$314$162$11
48 years$1,842$1,040$560$290$147$9
49 years$1,784$993$526$268$134$8
50 years$1,728$949$495$248$121$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,770,000, adding $5,292 every year, while hoping to spend $34,996 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: 24/48/28 Blend
29$1,770,000$1,770,000$1,770,000$1,770,000
30$1,955,999$1,862,189$1,834,754$1,985,600
31$2,118,275$1,916,200$1,858,982$2,065,176
32$2,295,931$1,971,686$1,882,850$2,147,074
33$2,490,497$2,028,680$1,906,307$2,234,088
34$2,703,662$2,087,219$1,929,302$2,326,668
35$2,937,282$2,147,340$1,951,780$2,425,306
36$3,193,403$2,209,078$1,973,684$2,530,546
37$3,474,279$2,272,472$1,994,951$2,642,985
38$3,782,392$2,337,559$2,015,518$2,763,280
39$4,120,475$2,404,378$2,035,317$2,892,154
40$4,491,539$2,472,968$2,054,276$3,030,402
41$4,898,901$2,543,369$2,072,319$3,178,900
42$5,346,215$2,615,620$2,089,367$3,338,610
43$5,837,505$2,689,761$2,105,337$3,510,594
44$6,377,204$2,765,833$2,120,140$3,696,019
45$6,970,198$2,843,878$2,133,683$3,896,171
46$7,621,866$2,923,936$2,145,870$4,112,465
47$8,338,137$3,006,049$2,156,597$4,346,462
48$9,125,541$3,090,260$2,165,757$4,599,877
49$9,991,273$3,176,609$2,173,236$4,874,603
50$10,943,259$3,265,140$2,178,917$5,172,723
51$11,990,234$3,355,894$2,182,673$5,496,532
52$13,141,819$3,448,914$2,184,374$5,848,558
53$14,408,617$3,544,243$2,183,882$6,231,587
54$15,802,307$3,641,922$2,181,053$6,648,688
55$17,335,760$3,741,994$2,175,736$7,103,243
56$19,023,156$3,844,500$2,167,772$7,598,976
57$20,880,120$3,949,483$2,156,994$8,139,994
58$22,923,867$4,056,982$2,143,228$8,730,819
59$25,173,366$4,167,039$2,126,291$9,376,437
60$27,649,519$4,279,694$2,105,992$10,082,340
61$30,375,357$4,394,985$2,082,129$10,854,581
62$33,376,256$4,512,952$2,054,493$11,699,831
63$36,680,178$4,633,631$2,022,863$12,625,440
64$40,317,937$4,757,060$1,987,010$13,639,509
65$44,323,483$4,883,272$1,946,691$14,750,966
66$48,734,228$5,012,302$1,901,655$15,969,650
67$53,591,396$5,144,182$1,851,637$17,306,403
68$58,940,413$5,278,941$1,796,361$18,773,175
69$64,831,334$5,416,609$1,735,539$20,383,135
70$71,319,318$5,557,210$1,668,867$22,150,798
71$78,465,145$5,700,770$1,596,030$24,092,160
72$86,335,791$5,847,308$1,516,698$26,224,849
73$95,005,059$5,996,844$1,430,525$28,568,294
74$104,554,278$6,149,392$1,337,151$31,143,910
75$115,073,066$6,304,964$1,236,197$33,975,294
76$126,660,179$6,463,568$1,127,270$37,088,456
77$139,424,443$6,625,208$1,009,959$40,512,062
78$153,485,776$6,789,884$883,833$44,277,702
79$168,976,327$6,957,589$748,443$48,420,196
80$186,041,716$7,128,315$603,319$52,977,917
81$204,842,414$7,302,046$447,974$57,993,156
82$225,555,253$7,478,759$281,893$63,512,523
83$248,375,098$7,658,426$104,545$69,587,388
84$273,516,682$7,841,014$0$76,274,366
85$301,216,639$8,026,479$0$83,661,161
86$331,735,731$8,214,771$0$91,826,207
87$365,361,313$8,405,832$0$100,814,205
88$402,410,043$8,599,594$0$110,708,871
89$443,230,873$8,795,980$0$121,602,454
90$488,208,340$8,994,901$0$133,596,611
91$537,766,198$9,196,258$0$146,803,365
92$592,371,417$9,399,941$0$161,346,162
93$652,538,589$9,605,827$0$177,361,039
94$718,834,790$9,813,777$0$194,997,903
95$791,884,927$10,023,640$0$214,421,954
96$872,377,641$10,235,250$0$235,815,237
97$961,071,806$10,448,423$0$259,378,363
98$1,058,803,693$10,662,959$0$285,332,408
99$1,166,494,863$10,878,637$0$313,920,994
100$1,285,160,869$11,095,220$0$345,412,590