Can I retire at age 30 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$149,468$148,137$146,838$145,570$144,332$140,105
2 years$73,994$72,616$71,280$69,986$68,729$64,505
3 years$48,839$47,455$46,123$44,840$43,605$39,515
4 years$36,265$34,885$33,566$32,305$31,099$27,176
5 years$28,722$27,350$26,048$24,813$23,641$19,895
6 years$23,695$22,333$21,051$19,843$18,706$15,141
7 years$20,105$18,756$17,494$16,314$15,213$11,828
8 years$17,414$16,077$14,836$13,686$12,621$9,414
9 years$15,323$13,998$12,778$11,657$10,629$7,597
10 years$13,650$12,338$11,140$10,049$9,056$6,195
11 years$12,283$10,984$9,808$8,745$7,789$5,094
12 years$11,144$9,859$8,704$7,671$6,749$4,216
13 years$10,182$8,909$7,777$6,772$5,886$3,507
14 years$9,357$8,098$6,987$6,012$5,159$2,930
15 years$8,643$7,398$6,309$5,361$4,543$2,456
16 years$8,019$6,788$5,720$4,800$4,015$2,065
17 years$7,469$6,251$5,205$4,313$3,560$1,740
18 years$6,980$5,776$4,751$3,887$3,165$1,469
19 years$6,544$5,353$4,349$3,512$2,821$1,242
20 years$6,152$4,975$3,992$3,181$2,520$1,052
21 years$5,797$4,634$3,672$2,887$2,255$892
22 years$5,475$4,325$3,384$2,625$2,021$757
23 years$5,182$4,045$3,124$2,391$1,815$643
24 years$4,913$3,790$2,890$2,180$1,631$546
25 years$4,666$3,557$2,676$1,991$1,468$465
26 years$4,439$3,343$2,482$1,821$1,322$395
27 years$4,229$3,146$2,305$1,666$1,192$336
28 years$4,034$2,965$2,143$1,527$1,075$287
29 years$3,853$2,797$1,994$1,400$971$244
30 years$3,684$2,641$1,857$1,285$877$208
31 years$3,527$2,497$1,732$1,180$793$177
32 years$3,380$2,363$1,616$1,085$718$151
33 years$3,241$2,237$1,508$997$649$129
34 years$3,112$2,121$1,409$918$588$110
35 years$2,990$2,011$1,318$845$533$94
36 years$2,875$1,909$1,233$778$483$80
37 years$2,766$1,813$1,154$717$437$68
38 years$2,664$1,723$1,080$661$396$58
39 years$2,567$1,639$1,012$609$360$50
40 years$2,475$1,559$949$562$326$42
41 years$2,387$1,484$890$518$296$36
42 years$2,304$1,413$835$478$268$31
43 years$2,226$1,347$783$442$244$26
44 years$2,151$1,284$735$408$221$22
45 years$2,079$1,224$690$377$201$19
46 years$2,011$1,168$648$348$182$16
47 years$1,946$1,114$609$321$166$14
48 years$1,884$1,064$572$297$150$12
49 years$1,824$1,016$538$274$137$10
50 years$1,767$970$506$254$124$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,810,000, adding $2,771 every year, while hoping to spend $30,164 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: 51/31/18 Blend
29$1,810,000$1,810,000$1,810,000$1,810,000
30$1,997,478$1,901,548$1,873,493$2,089,304
31$2,169,127$1,962,630$1,904,161$2,213,902
32$2,357,273$2,025,694$1,934,845$2,345,933
33$2,563,566$2,090,804$1,965,514$2,488,830
34$2,789,826$2,158,030$1,996,136$2,643,629
35$3,038,055$2,227,440$2,026,673$2,811,472
36$3,310,459$2,299,107$2,057,089$2,993,616
37$3,609,468$2,373,105$2,087,343$3,191,443
38$3,937,757$2,449,511$2,117,393$3,406,474
39$4,298,277$2,528,405$2,147,193$3,640,384
40$4,694,273$2,609,869$2,176,696$3,895,017
41$5,129,325$2,693,989$2,205,851$4,172,401
42$5,607,373$2,780,851$2,234,605$4,474,770
43$6,132,760$2,870,548$2,262,899$4,804,585
44$6,710,270$2,963,173$2,290,674$5,164,552
45$7,345,173$3,058,824$2,317,867$5,557,655
46$8,043,275$3,157,601$2,344,411$5,987,175
47$8,810,974$3,259,609$2,370,233$6,456,731
48$9,655,318$3,364,954$2,395,261$6,970,304
49$10,584,072$3,473,748$2,419,413$7,532,279
50$11,605,792$3,586,106$2,442,608$8,147,489
51$12,729,905$3,702,148$2,464,758$8,821,252
52$13,966,798$3,821,996$2,485,770$9,559,431
53$15,327,914$3,945,777$2,505,547$10,368,479
54$16,825,865$4,073,623$2,523,986$11,255,508
55$18,474,543$4,205,671$2,540,979$12,228,351
56$20,289,258$4,342,061$2,556,414$13,295,637
57$22,286,880$4,482,938$2,570,171$14,466,872
58$24,485,994$4,628,455$2,582,124$15,752,529
59$26,907,082$4,778,766$2,592,142$17,164,143
60$29,572,712$4,934,033$2,600,086$18,714,426
61$32,507,751$5,094,423$2,605,812$20,417,381
62$35,739,601$5,260,109$2,609,165$22,288,436
63$39,298,455$5,431,269$2,609,987$24,344,590
64$43,217,585$5,608,089$2,608,110$26,604,569
65$47,533,653$5,790,760$2,603,355$29,089,010
66$52,287,058$5,979,479$2,595,540$31,820,647
67$57,522,316$6,174,452$2,584,470$34,824,530
68$63,288,484$6,375,892$2,569,940$38,128,261
69$69,639,616$6,584,017$2,551,740$41,762,252
70$76,635,277$6,799,054$2,529,644$45,760,012
71$84,341,108$7,021,240$2,503,419$50,158,465
72$92,829,438$7,250,818$2,472,821$54,998,296
73$102,179,972$7,488,039$2,437,591$60,324,336
74$112,480,541$7,733,165$2,397,463$66,185,981
75$123,827,932$7,986,466$2,352,153$72,637,665
76$136,328,799$8,248,221$2,301,369$79,739,365
77$150,100,673$8,518,721$2,244,802$87,557,173
78$165,273,068$8,798,265$2,182,129$96,163,917
79$181,988,705$9,087,163$2,113,014$105,639,846
80$200,404,856$9,385,737$2,037,103$116,073,391
81$220,694,834$9,694,321$1,954,029$127,561,997
82$243,049,623$10,013,259$1,863,405$140,213,042
83$267,679,684$10,342,908$1,764,828$154,144,849
84$294,816,940$10,683,638$1,657,878$169,487,807
85$324,716,964$11,035,833$1,542,113$186,385,596
86$357,661,395$11,399,890$1,417,074$204,996,547
87$393,960,592$11,776,219$1,282,281$225,495,132
88$433,956,565$12,165,247$1,137,231$248,073,614
89$478,026,206$12,567,415$981,399$272,943,859
90$526,584,841$12,983,180$814,238$300,339,336
91$580,090,156$13,413,017$635,176$330,517,323
92$639,046,513$13,857,416$443,615$363,761,329
93$704,009,715$14,316,886$238,933$400,383,776
94$775,592,247$14,791,955$20,479$440,728,946
95$854,469,064$15,283,169$0$485,176,227
96$941,383,958$15,791,094$0$534,184,541
97$1,037,156,581$16,316,317$0$588,180,612
98$1,142,690,183$16,859,447$0$647,668,345
99$1,258,980,137$17,421,115$0$713,207,362
100$1,387,123,336$18,001,975$0$785,414,353