Can I retire at age 30 with 1,870,000?

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$154,423$153,047$151,705$150,395$149,116$145,041
2 years$76,447$75,023$73,643$72,306$71,008$66,932
3 years$50,458$49,028$47,652$46,327$45,050$41,101
4 years$37,467$36,041$34,679$33,376$32,130$28,338
5 years$29,674$28,257$26,912$25,636$24,425$20,801
6 years$24,480$23,074$21,749$20,501$19,327$15,873
7 years$20,772$19,377$18,073$16,855$15,718$12,436
8 years$17,992$16,610$15,328$14,139$13,039$9,927
9 years$15,831$14,462$13,202$12,044$10,981$8,035
10 years$14,103$12,747$11,510$10,382$9,356$6,573
11 years$12,690$11,348$10,133$9,035$8,047$5,422
12 years$11,514$10,186$8,993$7,925$6,973$4,502
13 years$10,519$9,205$8,034$6,997$6,081$3,758
14 years$9,667$8,367$7,219$6,211$5,330$3,150
15 years$8,930$7,643$6,518$5,539$4,693$2,650
16 years$8,285$7,013$5,909$4,960$4,148$2,236
17 years$7,716$6,458$5,377$4,456$3,678$1,891
18 years$7,212$5,968$4,909$4,016$3,270$1,602
19 years$6,761$5,531$4,494$3,629$2,915$1,360
20 years$6,356$5,140$4,124$3,286$2,604$1,156
21 years$5,989$4,787$3,793$2,983$2,330$984
22 years$5,657$4,469$3,496$2,712$2,088$838
23 years$5,354$4,180$3,228$2,470$1,875$715
24 years$5,076$3,916$2,985$2,253$1,685$610
25 years$4,821$3,675$2,765$2,057$1,516$521
26 years$4,586$3,454$2,564$1,881$1,366$445
27 years$4,369$3,251$2,381$1,722$1,231$380
28 years$4,168$3,063$2,214$1,577$1,111$325
29 years$3,981$2,890$2,060$1,447$1,003$278
30 years$3,807$2,729$1,919$1,328$907$238
31 years$3,644$2,580$1,789$1,219$820$204
32 years$3,492$2,441$1,669$1,121$741$174
33 years$3,349$2,312$1,558$1,030$671$149
34 years$3,215$2,191$1,456$948$607$128
35 years$3,089$2,078$1,361$873$550$109
36 years$2,970$1,972$1,274$804$499$94
37 years$2,858$1,873$1,192$741$452$80
38 years$2,752$1,780$1,116$683$410$69
39 years$2,652$1,693$1,046$629$371$59
40 years$2,557$1,611$980$581$337$50
41 years$2,466$1,533$919$536$306$43
42 years$2,381$1,460$862$494$277$37
43 years$2,299$1,391$809$456$252$32
44 years$2,222$1,326$759$421$228$27
45 years$2,148$1,265$713$389$207$23
46 years$2,078$1,206$670$359$188$20
47 years$2,010$1,151$629$332$171$17
48 years$1,946$1,099$591$307$155$15
49 years$1,885$1,049$556$284$141$13
50 years$1,826$1,002$523$262$128$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,870,000, adding $2,951 every year, while hoping to spend $30,232 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: 41/40/19 Blend
29$1,870,000$1,870,000$1,870,000$1,870,000
30$2,063,784$1,964,674$1,935,689$2,136,731
31$2,242,123$2,028,776$1,968,368$2,253,010
32$2,437,640$2,095,007$2,001,128$2,375,640
33$2,652,054$2,163,437$2,033,941$2,507,744
34$2,887,261$2,234,142$2,066,775$2,650,203
35$3,145,346$2,307,200$2,099,597$2,803,987
36$3,428,609$2,382,690$2,132,371$2,970,160
37$3,739,582$2,460,697$2,165,060$3,149,895
38$4,081,053$2,541,305$2,197,624$3,344,479
39$4,456,096$2,624,604$2,230,019$3,555,329
40$4,868,094$2,710,686$2,262,201$3,784,006
41$5,320,777$2,799,647$2,294,122$4,032,224
42$5,818,251$2,891,585$2,325,731$4,301,871
43$6,365,043$2,986,603$2,356,973$4,595,023
44$6,966,138$3,084,807$2,387,792$4,913,967
45$7,627,028$3,186,306$2,418,126$5,261,219
46$8,353,764$3,291,214$2,447,913$5,639,548
47$9,153,014$3,399,650$2,477,084$6,052,002
48$10,032,123$3,511,734$2,505,568$6,501,938
49$10,999,185$3,627,595$2,533,290$6,993,050
50$12,063,116$3,747,361$2,560,169$7,529,408
51$13,233,741$3,871,169$2,586,123$8,115,490
52$14,521,887$3,999,160$2,611,062$8,756,230
53$15,939,479$4,131,480$2,634,892$9,457,059
54$17,499,662$4,268,278$2,657,517$10,223,960
55$19,216,915$4,409,711$2,678,832$11,063,520
56$21,107,195$4,555,942$2,698,727$11,982,996
57$23,188,084$4,707,138$2,717,089$12,990,380
58$25,478,954$4,863,473$2,733,797$14,094,474
59$28,001,152$5,025,127$2,748,724$15,304,973
60$30,778,199$5,192,288$2,761,736$16,632,558
61$33,836,014$5,365,149$2,772,693$18,088,993
62$37,203,158$5,543,912$2,781,448$19,687,238
63$40,911,099$5,728,783$2,787,846$21,441,568
64$44,994,518$5,919,980$2,791,725$23,367,711
65$49,491,625$6,117,725$2,792,915$25,482,993
66$54,444,529$6,322,252$2,791,235$27,806,501
67$59,899,629$6,533,800$2,786,500$30,359,263
68$65,908,054$6,752,619$2,778,511$33,164,447
69$72,526,147$6,978,969$2,767,062$36,247,579
70$79,815,992$7,213,117$2,751,937$39,636,778
71$87,846,006$7,455,342$2,732,909$43,363,030
72$96,691,577$7,705,932$2,709,740$47,460,472
73$106,435,783$7,965,188$2,682,181$51,966,716
74$117,170,170$8,233,420$2,649,972$56,923,205
75$128,995,620$8,510,950$2,612,839$62,375,600
76$142,023,300$8,798,113$2,570,495$68,374,214
77$156,375,712$9,095,255$2,522,642$74,974,483
78$172,187,850$9,402,738$2,468,966$82,237,489
79$189,608,473$9,720,935$2,409,139$90,230,537
80$208,801,510$10,050,234$2,342,818$99,027,790
81$229,947,606$10,391,037$2,269,644$108,710,965
82$253,245,826$10,743,762$2,189,241$119,370,106
83$278,915,536$11,108,843$2,101,217$131,104,432
84$307,198,475$11,486,729$2,005,162$144,023,273
85$338,361,030$11,877,890$1,900,645$158,247,101
86$372,696,757$12,282,808$1,787,219$173,908,667
87$410,529,150$12,701,990$1,664,414$191,154,251
88$452,214,692$13,135,957$1,531,741$210,145,043
89$498,146,225$13,585,252$1,388,689$231,058,664
90$548,756,651$14,050,441$1,234,721$254,090,841
91$604,523,025$14,532,108$1,069,280$279,457,253
92$665,971,055$15,030,863$891,782$307,395,567
93$733,680,064$15,547,337$701,619$338,167,678
94$808,288,462$16,082,188$498,154$372,062,184
95$890,499,766$16,636,096$280,723$409,397,104
96$981,089,249$17,209,771$48,634$450,522,884
97$1,080,911,252$17,803,949$0$495,825,700
98$1,190,907,252$18,419,396$0$545,771,455
99$1,312,114,751$19,056,905$0$600,801,885
100$1,445,677,066$19,717,304$0$661,424,040