Can I retire at age 30 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$153,597$152,229$150,894$149,591$148,319$146,587
2 years$76,038$74,622$73,250$71,919$70,628$68,885
3 years$50,189$48,766$47,397$46,079$44,809$43,109
4 years$37,266$35,848$34,493$33,197$31,958$30,314
5 years$29,515$28,106$26,768$25,499$24,294$22,711
6 years$24,349$22,950$21,633$20,392$19,223$17,702
7 years$20,661$19,274$17,977$16,765$15,634$14,176
8 years$17,896$16,521$15,246$14,064$12,970$11,575
9 years$15,746$14,385$13,131$11,979$10,922$9,590
10 years$14,027$12,679$11,448$10,326$9,306$8,036
11 years$12,622$11,288$10,079$8,987$8,004$6,794
12 years$11,452$10,131$8,945$7,883$6,936$5,785
13 years$10,463$9,156$7,991$6,959$6,048$4,955
14 years$9,615$8,322$7,180$6,178$5,302$4,265
15 years$8,882$7,602$6,483$5,509$4,668$3,686
16 years$8,241$6,975$5,878$4,933$4,126$3,197
17 years$7,675$6,424$5,348$4,432$3,658$2,780
18 years$7,173$5,936$4,882$3,994$3,253$2,424
19 years$6,725$5,501$4,470$3,609$2,899$2,118
20 years$6,322$5,112$4,102$3,269$2,590$1,854
21 years$5,957$4,762$3,773$2,967$2,317$1,625
22 years$5,626$4,445$3,477$2,697$2,077$1,427
23 years$5,325$4,157$3,211$2,457$1,865$1,254
24 years$5,049$3,895$2,969$2,241$1,676$1,103
25 years$4,795$3,655$2,750$2,046$1,508$972
26 years$4,562$3,435$2,551$1,871$1,358$856
27 years$4,346$3,233$2,369$1,713$1,225$755
28 years$4,146$3,047$2,202$1,569$1,105$667
29 years$3,959$2,874$2,049$1,439$998$589
30 years$3,786$2,714$1,909$1,321$902$520
31 years$3,624$2,566$1,779$1,213$815$459
32 years$3,473$2,428$1,660$1,115$737$406
33 years$3,331$2,299$1,550$1,025$667$359
34 years$3,198$2,179$1,448$943$604$318
35 years$3,072$2,067$1,354$868$547$281
36 years$2,954$1,962$1,267$800$496$249
37 years$2,843$1,863$1,186$737$449$220
38 years$2,737$1,771$1,110$679$407$195
39 years$2,637$1,684$1,040$626$369$173
40 years$2,543$1,602$975$577$335$153
41 years$2,453$1,525$914$533$304$135
42 years$2,368$1,452$858$492$276$120
43 years$2,287$1,384$805$454$250$106
44 years$2,210$1,319$755$419$227$94
45 years$2,136$1,258$709$387$206$83
46 years$2,066$1,200$666$358$187$74
47 years$2,000$1,145$626$330$170$66
48 years$1,936$1,093$588$305$154$58
49 years$1,874$1,044$553$282$140$51
50 years$1,816$997$520$261$127$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,860,000, adding $2,583 every year, while hoping to spend $57,840 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: 70/11/19 Blend
29$1,860,000$1,860,000$1,860,000$1,860,000
30$2,052,384$1,953,804$1,924,974$2,186,435
31$2,200,186$1,987,999$1,927,920$2,310,312
32$2,361,125$2,021,932$1,929,025$2,438,755
33$2,536,481$2,055,527$1,928,168$2,577,898
34$2,727,660$2,088,705$1,925,220$2,728,795
35$2,936,211$2,121,382$1,920,045$2,892,603
36$3,163,841$2,153,466$1,912,502$3,070,599
37$3,412,424$2,184,858$1,902,443$3,264,192
38$3,684,029$2,215,453$1,889,712$3,474,932
39$3,980,928$2,245,138$1,874,145$3,704,529
40$4,305,627$2,273,794$1,855,573$3,954,868
41$4,660,882$2,301,291$1,833,816$4,228,026
42$5,049,729$2,327,492$1,808,687$4,526,291
43$5,475,513$2,352,250$1,779,989$4,852,189
44$5,941,914$2,375,409$1,747,517$5,208,501
45$6,452,986$2,396,802$1,711,056$5,598,292
46$7,013,195$2,416,250$1,670,381$6,024,943
47$7,627,459$2,433,564$1,625,257$6,492,180
48$8,301,194$2,448,542$1,575,437$7,004,109
49$9,040,365$2,460,970$1,520,663$7,565,257
50$9,851,544$2,470,619$1,460,667$8,180,615
51$10,741,968$2,477,246$1,395,166$8,855,681
52$11,719,611$2,480,594$1,323,867$9,596,520
53$12,793,256$2,480,387$1,246,460$10,409,815
54$13,972,577$2,476,335$1,162,626$11,302,933
55$15,268,232$2,468,128$1,072,026$12,283,993
56$16,691,964$2,455,438$974,311$13,361,946
57$18,256,707$2,437,917$869,113$14,546,660
58$19,976,712$2,415,196$756,049$15,849,010
59$21,867,679$2,386,883$634,719$17,280,982
60$23,946,904$2,352,563$504,705$18,855,790
61$26,233,446$2,311,795$365,570$20,587,999
62$28,748,299$2,264,115$216,858$22,493,662
63$31,514,597$2,209,028$58,094$24,590,474
64$34,557,828$2,146,013$0$26,897,939
65$37,906,074$2,074,514$0$29,460,125
66$41,590,276$1,993,948$0$32,292,192
67$45,644,527$1,903,694$0$35,408,577
68$50,106,391$1,803,097$0$38,838,180
69$55,017,257$1,691,464$0$42,612,850
70$60,422,733$1,568,061$0$46,767,681
71$66,373,069$1,432,114$0$51,341,348
72$72,923,637$1,282,802$0$56,376,468
73$80,135,449$1,119,260$0$61,920,006
74$88,075,734$940,574$0$68,023,716
75$96,818,572$745,775$0$74,744,631
76$106,445,592$533,843$0$82,145,600
77$117,046,741$303,700$0$90,295,884
78$128,721,133$54,206$0$99,271,807
79$141,577,986$0$0$109,157,480
80$155,737,647$0$0$120,071,717
81$171,332,733$0$0$132,099,741
82$188,509,378$0$0$145,347,716
83$207,428,613$0$0$159,939,859
84$228,267,886$0$0$176,013,050
85$251,222,733$0$0$193,718,126
86$276,508,627$0$0$213,221,300
87$304,363,010$0$0$234,705,731
88$335,047,531$0$0$258,373,253
89$368,850,516$0$0$284,446,281
90$406,089,693$0$0$313,169,904
91$447,115,183$0$0$344,814,205
92$492,312,810$0$0$379,676,805
93$542,107,739$0$0$418,085,674
94$596,968,489$0$0$460,402,226
95$657,411,358$0$0$507,024,728
96$724,005,290$0$0$558,392,062
97$797,377,250$0$0$614,987,864
98$878,218,136$0$0$677,345,092
99$967,289,309$0$0$746,051,055
100$1,065,429,767$0$0$821,752,953