Can I retire at age 30 with 1,890,000?

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$156,074$154,684$153,328$152,004$150,711$146,238
2 years$77,265$75,826$74,431$73,079$71,767$67,298
3 years$50,998$49,553$48,162$46,822$45,532$41,206
4 years$37,867$36,427$35,049$33,733$32,474$28,325
5 years$29,991$28,559$27,200$25,910$24,686$20,725
6 years$24,742$23,320$21,981$20,720$19,533$15,764
7 years$20,994$19,585$18,267$17,035$15,886$12,308
8 years$18,184$16,788$15,492$14,291$13,179$9,790
9 years$16,000$14,617$13,343$12,172$11,098$7,896
10 years$14,254$12,884$11,633$10,493$9,456$6,435
11 years$12,826$11,470$10,241$9,132$8,133$5,288
12 years$11,637$10,295$9,089$8,010$7,048$4,373
13 years$10,632$9,303$8,120$7,071$6,146$3,635
14 years$9,771$8,456$7,296$6,277$5,387$3,035
15 years$9,025$7,725$6,587$5,598$4,743$2,542
16 years$8,373$7,088$5,972$5,013$4,192$2,136
17 years$7,799$6,527$5,435$4,504$3,717$1,798
18 years$7,289$6,032$4,961$4,059$3,305$1,517
19 years$6,833$5,590$4,542$3,667$2,946$1,282
20 years$6,424$5,195$4,168$3,322$2,631$1,085
21 years$6,053$4,839$3,834$3,015$2,355$919
22 years$5,717$4,517$3,534$2,741$2,111$779
23 years$5,411$4,224$3,263$2,496$1,895$661
24 years$5,130$3,958$3,017$2,277$1,703$562
25 years$4,873$3,714$2,795$2,079$1,532$477
26 years$4,635$3,491$2,592$1,901$1,380$406
27 years$4,416$3,285$2,407$1,740$1,245$345
28 years$4,212$3,096$2,237$1,594$1,123$294
29 years$4,023$2,920$2,082$1,462$1,014$250
30 years$3,847$2,758$1,939$1,342$916$213
31 years$3,683$2,607$1,808$1,232$828$181
32 years$3,529$2,467$1,687$1,133$749$154
33 years$3,385$2,336$1,575$1,041$678$131
34 years$3,249$2,214$1,472$958$614$112
35 years$3,122$2,100$1,376$882$556$95
36 years$3,002$1,993$1,287$812$504$81
37 years$2,888$1,893$1,205$749$457$69
38 years$2,781$1,799$1,128$690$414$59
39 years$2,680$1,711$1,057$636$375$50
40 years$2,584$1,628$991$587$341$43
41 years$2,493$1,550$929$541$309$37
42 years$2,406$1,476$871$500$280$31
43 years$2,324$1,406$818$461$254$27
44 years$2,246$1,340$768$426$231$23
45 years$2,171$1,278$721$393$210$19
46 years$2,100$1,219$677$363$190$16
47 years$2,032$1,164$636$336$173$14
48 years$1,967$1,111$598$310$157$12
49 years$1,905$1,061$562$287$143$10
50 years$1,845$1,013$528$265$129$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,890,000, adding $3,658 every year, while hoping to spend $49,570 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: 55/17/28 Blend
29$1,890,000$1,890,000$1,890,000$1,890,000
30$2,086,553$1,986,383$1,957,088$2,184,955
31$2,246,640$2,030,974$1,969,909$2,297,817
32$2,421,393$2,076,088$1,981,497$2,415,256
33$2,612,258$2,121,699$1,991,760$2,542,170
34$2,820,824$2,167,778$2,000,599$2,679,487
35$3,048,840$2,214,291$2,007,911$2,828,232
36$3,298,232$2,261,202$2,013,587$2,989,536
37$3,571,123$2,308,472$2,017,513$3,164,644
38$3,869,847$2,356,056$2,019,569$3,354,929
39$4,196,977$2,403,909$2,019,630$3,561,906
40$4,555,345$2,451,976$2,017,564$3,787,244
41$4,948,070$2,500,203$2,013,233$4,032,784
42$5,378,587$2,548,528$2,006,491$4,300,555
43$5,850,681$2,596,883$1,997,186$4,592,794
44$6,368,518$2,645,198$1,985,159$4,911,968
45$6,936,687$2,693,393$1,970,242$5,260,797
46$7,560,246$2,741,386$1,952,262$5,642,281
47$8,244,761$2,789,084$1,931,033$6,059,724
48$8,996,369$2,836,391$1,906,364$6,516,772
49$9,821,826$2,883,201$1,878,055$7,017,444
50$10,728,575$2,929,402$1,845,893$7,566,172
51$11,724,819$2,974,871$1,809,659$8,167,839
52$12,819,590$3,019,479$1,769,122$8,827,832
53$14,022,841$3,063,087$1,724,041$9,552,089
54$15,345,536$3,105,544$1,674,162$10,347,155
55$16,799,756$3,146,691$1,619,222$11,220,247
56$18,398,810$3,186,357$1,558,944$12,179,322
57$20,157,359$3,224,359$1,493,039$13,233,150
58$22,091,559$3,260,503$1,421,206$14,391,402
59$24,219,210$3,294,579$1,343,128$15,664,737
60$26,559,922$3,326,365$1,258,475$17,064,906
61$29,135,302$3,355,625$1,166,902$18,604,864
62$31,969,158$3,382,107$1,068,049$20,298,892
63$35,087,723$3,405,541$961,539$22,162,731
64$38,519,899$3,425,640$846,979$24,213,737
65$42,297,534$3,442,102$723,958$26,471,039
66$46,455,719$3,454,601$592,046$28,955,723
67$51,033,119$3,462,793$450,797$31,691,034
68$56,072,340$3,466,313$299,741$34,702,596
69$61,620,328$3,464,771$138,392$38,018,651
70$67,728,811$3,457,755$0$41,670,333
71$74,454,791$3,444,827$0$45,702,054
72$81,861,077$3,425,520$0$50,186,322
73$90,016,878$3,399,342$0$55,123,608
74$98,998,459$3,365,770$0$60,560,040
75$108,889,858$3,324,248$0$66,546,453
76$119,783,676$3,274,188$0$73,138,867
77$131,781,955$3,214,968$0$80,399,017
78$144,997,140$3,145,927$0$88,394,937
79$159,553,136$3,066,365$0$97,201,600
80$175,586,482$2,975,544$0$106,901,627
81$193,247,636$2,872,678$0$117,586,072
82$212,702,395$2,756,939$0$129,355,272
83$234,133,458$2,627,448$0$142,319,806
84$257,742,157$2,483,279$0$156,601,532
85$283,750,345$2,323,448$0$172,334,739
86$312,402,502$2,146,918$0$189,667,419
87$343,968,031$1,952,591$0$208,762,660
88$378,743,809$1,739,307$0$229,800,191
89$417,056,984$1,505,840$0$252,978,074
90$459,268,065$1,250,894$0$278,514,581
91$505,774,320$973,101$0$306,650,251
92$557,013,532$671,014$0$337,650,164
93$613,468,126$343,108$0$371,806,443
94$675,669,724$0$0$409,441,014
95$744,204,163$0$0$450,910,935
96$819,717,022$0$0$496,674,516
97$902,919,719$0$0$547,098,758
98$994,596,226$0$0$602,658,821
99$1,095,610,466$0$0$663,878,324
100$1,206,914,469$0$0$731,334,288