Can I retire at age 30 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$146,991$145,681$144,404$143,157$141,940$136,795
2 years$72,768$71,412$70,099$68,826$67,590$62,463
3 years$48,030$46,669$45,359$44,097$42,882$37,934
4 years$35,663$34,307$33,010$31,770$30,584$25,853
5 years$28,246$26,897$25,617$24,402$23,249$18,748
6 years$23,302$21,963$20,702$19,515$18,396$14,127
7 years$19,772$18,445$17,204$16,044$14,961$10,924
8 years$17,126$15,810$14,590$13,459$12,412$8,602
9 years$15,069$13,766$12,566$11,464$10,453$6,866
10 years$13,424$12,134$10,956$9,882$8,906$5,536
11 years$12,079$10,802$9,645$8,600$7,660$4,499
12 years$10,960$9,695$8,560$7,544$6,638$3,679
13 years$10,013$8,762$7,648$6,660$5,788$3,023
14 years$9,202$7,964$6,871$5,912$5,074$2,494
15 years$8,500$7,275$6,204$5,272$4,467$2,064
16 years$7,886$6,675$5,625$4,721$3,948$1,713
17 years$7,345$6,148$5,118$4,242$3,501$1,425
18 years$6,865$5,681$4,672$3,823$3,113$1,187
19 years$6,436$5,265$4,277$3,454$2,774$990
20 years$6,050$4,892$3,926$3,128$2,478$827
21 years$5,701$4,557$3,611$2,839$2,218$691
22 years$5,384$4,254$3,328$2,581$1,988$579
23 years$5,096$3,978$3,073$2,351$1,784$484
24 years$4,832$3,728$2,842$2,144$1,604$406
25 years$4,589$3,498$2,632$1,958$1,443$340
26 years$4,366$3,288$2,441$1,790$1,300$285
27 years$4,159$3,094$2,267$1,639$1,172$239
28 years$3,967$2,916$2,107$1,502$1,058$201
29 years$3,789$2,750$1,961$1,377$955$169
30 years$3,623$2,598$1,827$1,264$863$142
31 years$3,468$2,456$1,703$1,161$780$119
32 years$3,324$2,323$1,589$1,067$706$100
33 years$3,188$2,200$1,483$981$639$84
34 years$3,060$2,085$1,386$902$578$70
35 years$2,940$1,978$1,296$831$524$59
36 years$2,827$1,877$1,212$765$475$50
37 years$2,720$1,783$1,135$705$430$42
38 years$2,619$1,695$1,063$650$390$35
39 years$2,524$1,611$995$599$354$29
40 years$2,434$1,533$933$553$321$25
41 years$2,348$1,459$875$510$291$21
42 years$2,266$1,390$821$471$264$17
43 years$2,189$1,324$770$434$240$15
44 years$2,115$1,262$723$401$217$12
45 years$2,045$1,204$679$370$197$10
46 years$1,978$1,148$638$342$179$9
47 years$1,914$1,096$599$316$163$7
48 years$1,852$1,046$563$292$148$6
49 years$1,794$999$529$270$134$5
50 years$1,738$954$497$250$122$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,780,000, adding $5,177 every year, while hoping to spend $39,559 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: 44/40/16 Blend
29$1,780,000$1,780,000$1,780,000$1,780,000
30$1,966,900$1,872,560$1,844,970$2,044,148
31$2,125,433$1,922,225$1,864,686$2,148,430
32$2,298,811$1,972,998$1,883,737$2,257,044
33$2,488,506$2,024,891$1,902,058$2,373,923
34$2,696,139$2,077,916$1,919,582$2,499,846
35$2,923,496$2,132,084$1,936,239$2,635,671
36$3,172,541$2,187,405$1,951,952$2,782,345
37$3,445,442$2,243,889$1,966,643$2,940,907
38$3,744,581$2,301,544$1,980,230$3,112,503
39$4,072,585$2,360,376$1,992,624$3,298,396
40$4,432,346$2,420,392$2,003,735$3,499,976
41$4,827,050$2,481,596$2,013,464$3,718,772
42$5,260,206$2,543,991$2,021,712$3,956,472
43$5,735,678$2,607,578$2,028,372$4,214,932
44$6,257,726$2,672,358$2,033,330$4,496,198
45$6,831,038$2,738,327$2,036,471$4,802,524
46$7,460,781$2,805,483$2,037,670$5,136,394
47$8,152,647$2,873,817$2,036,798$5,500,542
48$8,912,905$2,943,323$2,033,719$5,897,984
49$9,748,463$3,013,987$2,028,290$6,332,039
50$10,666,931$3,085,798$2,020,363$6,806,369
51$11,676,693$3,158,737$2,009,780$7,325,004
52$12,786,985$3,232,784$1,996,377$7,892,389
53$14,007,984$3,307,917$1,979,982$8,513,419
54$15,350,902$3,384,109$1,960,415$9,193,491
55$16,828,092$3,461,328$1,937,487$9,938,549
56$18,453,164$3,539,539$1,910,999$10,755,146
57$20,241,114$3,618,704$1,880,745$11,650,504
58$22,208,466$3,698,779$1,846,508$12,632,579
59$24,373,425$3,779,714$1,808,061$13,710,141
60$26,756,050$3,861,456$1,765,167$14,892,854
61$29,378,443$3,943,943$1,717,576$16,191,370
62$32,264,959$4,027,111$1,665,030$17,617,427
63$35,442,431$4,110,887$1,607,255$19,183,960
64$38,940,429$4,195,190$1,543,968$20,905,228
65$42,791,533$4,279,935$1,474,871$22,796,942
66$47,031,644$4,365,026$1,399,654$24,876,419
67$51,700,321$4,450,361$1,317,991$27,162,744
68$56,841,153$4,535,828$1,229,543$29,676,950
69$62,502,173$4,621,306$1,133,956$32,442,217
70$68,736,309$4,706,664$1,030,857$35,484,094
71$75,601,882$4,791,761$919,861$38,830,735
72$83,163,160$4,876,442$800,562$42,513,173
73$91,490,959$4,960,545$672,538$46,565,606
74$100,663,316$5,043,891$535,347$51,025,725
75$110,766,223$5,126,290$388,529$55,935,071
76$121,894,436$5,207,537$231,604$61,339,423
77$134,152,374$5,287,412$64,068$67,289,238
78$147,655,100$5,365,679$0$73,840,121
79$162,529,408$5,442,085$0$81,072,942
80$178,915,020$5,516,360$0$89,048,603
81$196,965,905$5,588,214$0$97,830,687
82$216,851,729$5,657,338$0$107,501,332
83$238,759,458$5,723,401$0$118,151,057
84$262,895,125$5,786,050$0$129,879,611
85$289,485,770$5,844,908$0$142,796,924
86$318,781,584$5,899,574$0$157,024,140
87$351,058,271$5,949,618$0$172,694,762
88$386,619,650$5,994,586$0$189,955,912
89$425,800,523$6,033,989$0$208,969,726
90$468,969,834$6,067,312$0$229,914,879
91$516,534,151$6,094,004$0$252,988,275
92$568,941,504$6,113,480$0$278,406,911
93$626,685,615$6,125,118$0$306,409,918
94$690,310,555$6,128,256$0$337,260,830
95$760,415,884$6,122,193$0$371,250,064
96$837,662,307$6,106,183$0$408,697,670
97$922,777,910$6,079,434$0$449,956,349
98$1,016,565,038$6,041,108$0$495,414,789
99$1,119,907,862$5,990,312$0$545,501,332
100$1,233,780,730$5,926,103$0$600,688,022