Can I retire at age 30 with 1,790,000?

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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$147,817$146,500$145,215$143,961$142,737$140,142
2 years$73,176$71,814$70,493$69,212$67,970$65,365
3 years$48,300$46,931$45,614$44,345$43,123$40,589
4 years$35,864$34,499$33,195$31,948$30,756$28,312
5 years$28,404$27,048$25,761$24,539$23,380$21,034
6 years$23,433$22,087$20,818$19,624$18,500$16,254
7 years$19,883$18,548$17,300$16,134$15,045$12,900
8 years$17,222$15,899$14,672$13,534$12,482$10,436
9 years$15,153$13,843$12,637$11,528$10,511$8,565
10 years$13,500$12,202$11,017$9,938$8,956$7,107
11 years$12,147$10,863$9,699$8,649$7,703$5,949
12 years$11,021$9,750$8,608$7,586$6,675$5,014
13 years$10,069$8,811$7,691$6,697$5,821$4,250
14 years$9,254$8,009$6,910$5,945$5,102$3,619
15 years$8,548$7,316$6,239$5,302$4,492$3,094
16 years$7,930$6,713$5,656$4,747$3,970$2,653
17 years$7,386$6,182$5,147$4,265$3,520$2,281
18 years$6,903$5,713$4,699$3,844$3,130$1,966
19 years$6,472$5,294$4,301$3,473$2,790$1,698
20 years$6,084$4,920$3,948$3,146$2,492$1,469
21 years$5,733$4,583$3,631$2,855$2,230$1,272
22 years$5,415$4,278$3,347$2,596$1,999$1,103
23 years$5,125$4,001$3,090$2,364$1,794$958
24 years$4,859$3,748$2,858$2,156$1,613$832
25 years$4,615$3,518$2,647$1,969$1,451$724
26 years$4,390$3,306$2,455$1,801$1,307$630
27 years$4,182$3,111$2,279$1,648$1,179$548
28 years$3,990$2,932$2,119$1,510$1,064$478
29 years$3,810$2,766$1,972$1,385$960$416
30 years$3,644$2,612$1,837$1,271$868$363
31 years$3,488$2,469$1,712$1,167$785$317
32 years$3,342$2,336$1,598$1,073$710$276
33 years$3,206$2,213$1,492$986$642$241
34 years$3,077$2,097$1,394$908$581$210
35 years$2,957$1,989$1,303$835$527$184
36 years$2,843$1,888$1,219$769$477$160
37 years$2,736$1,793$1,141$709$432$140
38 years$2,634$1,704$1,069$653$392$122
39 years$2,538$1,620$1,001$602$356$107
40 years$2,447$1,542$938$556$323$93
41 years$2,361$1,468$880$513$293$82
42 years$2,279$1,398$825$473$265$71
43 years$2,201$1,332$774$437$241$62
44 years$2,127$1,269$727$403$219$54
45 years$2,056$1,210$683$372$199$48
46 years$1,989$1,155$641$344$180$42
47 years$1,924$1,102$602$318$164$36
48 years$1,863$1,052$566$294$149$32
49 years$1,804$1,005$532$271$135$28
50 years$1,748$960$500$251$123$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,790,000, adding $2,307 every year, while hoping to spend $42,525 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: 73/12/15 Blend
29$1,790,000$1,790,000$1,790,000$1,790,000
30$1,974,960$1,880,090$1,852,345$2,112,398
31$2,131,159$1,926,968$1,869,152$2,250,627
32$2,301,866$1,974,718$1,885,097$2,396,558
33$2,488,515$2,023,337$1,900,106$2,555,282
34$2,692,685$2,072,823$1,914,101$2,728,057
35$2,916,117$2,123,168$1,927,002$2,916,270
36$3,160,725$2,174,368$1,938,720$3,121,446
37$3,428,618$2,226,412$1,949,167$3,345,269
38$3,722,120$2,279,289$1,958,247$3,589,590
39$4,043,789$2,332,986$1,965,861$3,856,450
40$4,396,441$2,387,488$1,971,903$4,148,098
41$4,783,179$2,442,776$1,976,263$4,467,010
42$5,207,421$2,498,830$1,978,826$4,815,915
43$5,672,932$2,555,626$1,979,469$5,197,820
44$6,183,856$2,613,137$1,978,067$5,616,037
45$6,744,762$2,671,333$1,974,484$6,074,215
46$7,360,679$2,730,181$1,968,582$6,576,377
47$8,037,151$2,789,642$1,960,212$7,126,953
48$8,780,282$2,849,676$1,949,221$7,730,825
49$9,596,798$2,910,237$1,935,446$8,393,373
50$10,494,107$2,971,275$1,918,720$9,120,526
51$11,480,373$3,032,734$1,898,864$9,918,815
52$12,564,588$3,094,555$1,875,692$10,795,438
53$13,756,659$3,156,671$1,849,011$11,758,328
54$15,067,501$3,219,011$1,818,616$12,816,224
55$16,509,140$3,281,497$1,784,294$13,978,759
56$18,094,827$3,344,045$1,745,822$15,256,546
57$19,839,159$3,406,563$1,702,967$16,661,281
58$21,758,221$3,468,951$1,655,484$18,205,854
59$23,869,734$3,531,105$1,603,117$19,904,469
60$26,193,224$3,592,907$1,545,599$21,772,777
61$28,750,208$3,654,234$1,482,651$23,828,029
62$31,564,390$3,714,952$1,413,981$26,089,232
63$34,661,891$3,774,918$1,339,282$28,577,334
64$38,071,491$3,833,976$1,258,236$31,315,419
65$41,824,905$3,891,963$1,170,509$34,328,929
66$45,957,076$3,948,700$1,075,751$37,645,896
67$50,506,508$4,003,996$973,599$41,297,217
68$55,515,629$4,057,650$863,672$45,316,939
69$61,031,191$4,109,442$745,573$49,742,582
70$67,104,708$4,159,140$618,885$54,615,496
71$73,792,947$4,206,497$483,177$59,981,247
72$81,158,458$4,251,246$337,994$65,890,053
73$89,270,168$4,293,104$182,864$72,397,253
74$98,204,030$4,331,770$17,294$79,563,835
75$108,043,737$4,366,923$0$87,457,006
76$118,881,515$4,398,219$0$96,176,345
77$130,818,992$4,425,294$0$105,782,575
78$143,968,155$4,447,760$0$116,362,966
79$158,452,411$4,465,204$0$128,016,740
80$174,407,745$4,477,188$0$140,853,237
81$191,984,009$4,483,244$0$154,992,946
82$211,346,332$4,482,877$0$170,568,646
83$232,676,680$4,475,560$0$187,726,654
84$256,175,574$4,460,735$0$206,628,211
85$282,063,981$4,437,809$0$227,450,998
86$310,585,397$4,406,152$0$250,390,822
87$342,008,151$4,365,097$0$275,663,456
88$376,627,931$4,313,936$0$303,506,680
89$414,770,581$4,251,919$0$334,182,528
90$456,795,168$4,178,251$0$367,979,754
91$503,097,380$4,092,090$0$405,216,567
92$554,113,254$3,992,543$0$446,243,628
93$610,323,295$3,878,668$0$491,447,364
94$672,257,012$3,749,462$0$541,253,618
95$740,497,910$3,603,870$0$596,131,664
96$815,689,007$3,440,769$0$656,598,640
97$898,538,895$3,258,976$0$723,224,431
98$989,828,435$3,057,239$0$796,637,051
99$1,090,418,123$2,834,231$0$877,528,566
100$1,201,256,215$2,588,552$0$966,661,634