Can I retire at age 30 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$148,642$147,318$146,027$144,766$143,535$140,350
2 years$73,585$72,215$70,887$69,599$68,350$65,158
3 years$48,570$47,193$45,868$44,593$43,364$40,264
4 years$36,064$34,692$33,380$32,127$30,928$27,944
5 years$28,563$27,199$25,905$24,676$23,511$20,652
6 years$23,564$22,210$20,935$19,734$18,603$15,872
7 years$19,994$18,652$17,397$16,224$15,129$12,526
8 years$17,318$15,988$14,754$13,610$12,551$10,076
9 years$15,238$13,921$12,708$11,593$10,570$8,220
10 years$13,575$12,270$11,079$9,993$9,006$6,779
11 years$12,215$10,924$9,754$8,697$7,746$5,638
12 years$11,083$9,804$8,656$7,628$6,712$4,721
13 years$10,125$8,860$7,734$6,735$5,853$3,975
14 years$9,305$8,054$6,949$5,978$5,131$3,362
15 years$8,595$7,357$6,274$5,332$4,518$2,854
16 years$7,975$6,750$5,688$4,774$3,993$2,431
17 years$7,428$6,217$5,176$4,289$3,540$2,075
18 years$6,942$5,744$4,725$3,866$3,148$1,775
19 years$6,508$5,324$4,325$3,493$2,806$1,522
20 years$6,118$4,947$3,970$3,163$2,506$1,306
21 years$5,765$4,608$3,651$2,871$2,243$1,123
22 years$5,445$4,302$3,365$2,610$2,010$967
23 years$5,153$4,023$3,107$2,377$1,804$833
24 years$4,886$3,769$2,874$2,168$1,622$718
25 years$4,641$3,537$2,662$1,980$1,459$619
26 years$4,415$3,325$2,468$1,811$1,315$535
27 years$4,206$3,129$2,292$1,657$1,185$462
28 years$4,012$2,948$2,131$1,518$1,069$399
29 years$3,832$2,781$1,983$1,392$966$345
30 years$3,664$2,627$1,847$1,278$873$298
31 years$3,507$2,483$1,722$1,174$789$258
32 years$3,361$2,350$1,607$1,079$714$223
33 years$3,224$2,225$1,500$992$646$193
34 years$3,095$2,109$1,402$913$585$167
35 years$2,973$2,000$1,310$840$530$145
36 years$2,859$1,898$1,226$774$480$125
37 years$2,751$1,803$1,147$713$435$108
38 years$2,649$1,714$1,074$657$394$94
39 years$2,552$1,629$1,007$606$358$81
40 years$2,461$1,550$944$559$324$70
41 years$2,374$1,476$885$516$294$61
42 years$2,292$1,405$830$476$267$53
43 years$2,213$1,339$779$439$242$46
44 years$2,139$1,276$731$406$220$40
45 years$2,068$1,217$686$375$200$34
46 years$2,000$1,161$645$346$181$30
47 years$1,935$1,108$606$320$165$26
48 years$1,873$1,058$569$295$149$22
49 years$1,814$1,010$535$273$136$19
50 years$1,757$965$503$252$123$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,800,000, adding $3,211 every year, while hoping to spend $49,096 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: 72/6/22 Blend
29$1,800,000$1,800,000$1,800,000$1,800,000
30$1,986,912$1,891,512$1,863,612$2,118,999
31$2,137,339$1,931,958$1,873,805$2,247,870
32$2,301,465$1,972,741$1,882,695$2,382,820
33$2,480,634$2,013,825$1,890,184$2,529,410
34$2,676,327$2,055,171$1,896,174$2,688,792
35$2,890,175$2,096,737$1,900,559$2,862,232
36$3,123,973$2,138,477$1,903,227$3,051,126
37$3,379,696$2,180,341$1,904,064$3,257,013
38$3,659,522$2,222,274$1,902,946$3,481,589
39$3,965,845$2,264,217$1,899,747$3,726,722
40$4,301,304$2,306,107$1,894,331$3,994,470
41$4,668,805$2,347,874$1,886,559$4,287,104
42$5,071,546$2,389,443$1,876,283$4,607,123
43$5,513,054$2,430,736$1,863,348$4,957,285
44$5,997,207$2,471,664$1,847,592$5,340,625
45$6,528,282$2,512,134$1,828,845$5,760,492
46$7,110,985$2,552,048$1,806,931$6,220,575
47$7,750,505$2,591,298$1,781,662$6,724,939
48$8,452,553$2,629,768$1,752,844$7,278,067
49$9,223,422$2,667,335$1,720,273$7,884,898
50$10,070,043$2,703,867$1,683,735$8,550,874
51$11,000,054$2,739,223$1,643,006$9,281,995
52$12,021,867$2,773,251$1,597,854$10,084,873
53$13,144,748$2,805,791$1,548,032$10,966,797
54$14,378,907$2,836,670$1,493,287$11,935,797
55$15,735,593$2,865,704$1,433,349$13,000,726
56$17,227,196$2,892,697$1,367,939$14,171,341
57$18,867,371$2,917,439$1,296,766$15,458,395
58$20,671,157$2,939,709$1,219,522$16,873,739
59$22,655,129$2,959,268$1,135,889$18,430,435
60$24,837,544$2,975,864$1,045,534$20,142,879
61$27,238,520$2,989,228$948,106$22,026,937
62$29,880,224$2,999,075$843,243$24,100,097
63$32,787,078$3,005,101$730,562$26,381,631
64$35,985,992$3,006,983$609,668$28,892,780
65$39,506,616$3,004,378$480,145$31,656,953
66$43,381,620$2,996,922$341,559$34,699,953
67$47,647,003$2,984,228$193,458$38,050,213
68$52,342,429$2,965,887$35,371$41,739,074
69$57,511,604$2,941,463$0$45,801,075
70$63,202,688$2,910,496$0$50,305,580
71$69,468,748$2,872,495$0$55,274,138
72$76,368,255$2,826,943$0$60,744,799
73$83,965,645$2,773,290$0$66,768,652
74$92,331,914$2,710,955$0$73,401,992
75$101,545,299$2,639,321$0$80,706,854
76$111,692,008$2,557,736$0$88,751,599
77$122,867,037$2,465,510$0$97,611,556
78$135,175,067$2,361,912$0$107,369,734
79$148,731,447$2,246,169$0$118,117,608
80$163,663,286$2,117,463$0$129,955,979
81$180,110,652$1,974,929$0$142,995,925
82$198,227,890$1,817,652$0$157,359,854
83$218,185,085$1,644,667$0$173,182,653
84$240,169,658$1,454,951$0$190,612,967
85$264,388,144$1,247,424$0$209,814,598
86$291,068,133$1,020,945$0$230,968,052
87$320,460,420$774,310$0$254,272,244
88$352,841,377$506,245$0$279,946,376
89$388,515,551$215,405$0$308,232,003
90$427,818,549$0$0$339,395,318
91$471,120,196$0$0$373,736,236
92$518,828,032$0$0$411,587,356
93$571,391,155$0$0$453,290,787
94$629,304,461$0$0$499,239,195
95$693,113,313$0$0$549,865,292
96$763,418,691$0$0$605,645,918
97$840,882,865$0$0$667,106,540
98$926,235,642$0$0$734,826,215
99$1,020,281,257$0$0$809,443,053
100$1,123,905,967$0$0$891,660,242