Can I retire at age 30 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$156,900$155,503$154,139$152,808$151,509$150,491
2 years$77,673$76,227$74,825$73,465$72,147$71,120
3 years$51,268$49,815$48,417$47,070$45,773$44,770
4 years$38,068$36,619$35,235$33,911$32,646$31,673
5 years$30,150$28,710$27,344$26,047$24,817$23,878
6 years$24,873$23,444$22,098$20,830$19,637$18,733
7 years$21,105$19,688$18,363$17,126$15,970$15,101
8 years$18,280$16,876$15,574$14,366$13,249$12,415
9 years$16,085$14,694$13,414$12,237$11,157$10,359
10 years$14,329$12,952$11,694$10,548$9,506$8,743
11 years$12,894$11,530$10,295$9,180$8,176$7,447
12 years$11,698$10,349$9,137$8,052$7,085$6,389
13 years$10,688$9,353$8,163$7,109$6,178$5,515
14 years$9,822$8,501$7,335$6,310$5,416$4,785
15 years$9,073$7,766$6,622$5,628$4,769$4,169
16 years$8,418$7,125$6,004$5,039$4,214$3,645
17 years$7,840$6,562$5,463$4,528$3,737$3,197
18 years$7,328$6,064$4,987$4,080$3,323$2,811
19 years$6,869$5,620$4,566$3,687$2,962$2,477
20 years$6,457$5,222$4,190$3,339$2,645$2,188
21 years$6,085$4,864$3,854$3,031$2,367$1,935
22 years$5,747$4,540$3,552$2,755$2,122$1,714
23 years$5,439$4,247$3,280$2,509$1,905$1,520
24 years$5,157$3,979$3,033$2,289$1,712$1,350
25 years$4,898$3,734$2,809$2,090$1,541$1,200
26 years$4,660$3,509$2,606$1,911$1,388$1,068
27 years$4,439$3,303$2,420$1,749$1,251$951
28 years$4,235$3,112$2,249$1,603$1,129$847
29 years$4,045$2,936$2,093$1,470$1,019$755
30 years$3,868$2,773$1,950$1,349$921$674
31 years$3,702$2,621$1,818$1,239$833$601
32 years$3,548$2,480$1,696$1,139$753$537
33 years$3,403$2,349$1,583$1,047$682$480
34 years$3,266$2,226$1,479$963$617$428
35 years$3,138$2,111$1,383$887$559$383
36 years$3,018$2,004$1,294$817$507$342
37 years$2,904$1,903$1,211$752$459$306
38 years$2,796$1,809$1,134$694$416$274
39 years$2,694$1,720$1,063$640$377$245
40 years$2,598$1,636$996$590$342$219
41 years$2,506$1,558$934$544$311$196
42 years$2,419$1,484$876$502$282$176
43 years$2,336$1,414$822$464$256$157
44 years$2,257$1,347$772$428$232$141
45 years$2,182$1,285$725$395$211$126
46 years$2,111$1,226$681$365$191$113
47 years$2,043$1,170$639$337$174$101
48 years$1,977$1,117$601$312$158$90
49 years$1,915$1,066$565$288$143$81
50 years$1,855$1,019$531$266$130$73

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,900,000, adding $5,459 every year, while hoping to spend $59,953 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: 66/17/17 Blend
29$1,900,000$1,900,000$1,900,000$1,900,000
30$2,099,431$1,998,731$1,969,281$2,228,927
31$2,249,783$2,032,879$1,971,462$2,350,401
32$2,413,462$2,066,691$1,971,707$2,475,684
33$2,591,764$2,100,088$1,969,888$2,611,171
34$2,786,114$2,132,983$1,965,870$2,757,860
35$2,998,083$2,165,284$1,959,512$2,916,852
36$3,229,398$2,196,893$1,950,666$3,089,359
37$3,481,961$2,227,705$1,939,177$3,276,720
38$3,757,864$2,257,606$1,924,883$3,480,408
39$4,059,414$2,286,476$1,907,614$3,702,048
40$4,389,146$2,314,185$1,887,191$3,943,432
41$4,749,854$2,340,596$1,863,427$4,206,533
42$5,144,615$2,365,560$1,836,127$4,493,529
43$5,576,815$2,388,922$1,805,087$4,806,819
44$6,050,184$2,410,513$1,770,091$5,149,048
45$6,568,829$2,430,155$1,730,916$5,523,134
46$7,137,274$2,447,657$1,687,326$5,932,291
47$7,760,502$2,462,818$1,639,077$6,380,063
48$8,443,997$2,475,420$1,585,911$6,870,358
49$9,193,806$2,485,236$1,527,559$7,407,484
50$10,016,582$2,492,022$1,463,741$7,996,189
51$10,919,660$2,495,517$1,394,163$8,641,709
52$11,911,116$2,495,448$1,318,518$9,349,816
53$12,999,846$2,491,521$1,236,484$10,126,871
54$14,195,651$2,483,426$1,147,727$10,979,890
55$15,509,327$2,470,834$1,051,896$11,916,604
56$16,952,769$2,453,395$948,625$12,945,538
57$18,539,079$2,430,739$837,531$14,076,089
58$20,282,692$2,402,472$718,215$15,318,615
59$22,199,511$2,368,178$590,260$16,684,537
60$24,307,057$2,327,414$453,229$18,186,442
61$26,624,633$2,279,714$306,669$19,838,207
62$29,173,508$2,224,582$150,104$21,655,129
63$31,977,112$2,161,493$0$23,654,071
64$35,061,263$2,089,892$0$25,856,699
65$38,454,405$2,009,190$0$28,309,681
66$42,187,880$1,918,766$0$31,008,442
67$46,296,220$1,817,962$0$33,977,983
68$50,817,474$1,706,082$0$37,245,850
69$55,793,566$1,582,389$0$40,842,406
70$61,270,689$1,446,105$0$44,801,107
71$67,299,743$1,296,408$0$49,158,828
72$73,936,814$1,132,429$0$53,956,204
73$81,243,699$953,248$0$59,238,019
74$89,288,494$757,896$0$65,053,625
75$98,146,234$545,346$0$71,457,412
76$107,899,598$314,516$0$78,509,323
77$118,639,692$64,262$0$86,275,415
78$130,466,907$0$0$94,828,489
79$143,491,866$0$0$104,287,427
80$157,836,467$0$0$114,718,114
81$173,635,033$0$0$126,206,223
82$191,035,579$0$0$138,859,405
83$210,201,209$0$0$152,796,286
84$231,311,653$0$0$168,147,585
85$254,564,964$0$0$185,057,348
86$280,179,388$0$0$203,684,307
87$308,395,421$0$0$224,203,375
88$339,478,077$0$0$246,807,301
89$373,719,394$0$0$271,708,486
90$411,441,183$0$0$299,140,987
91$452,998,071$0$0$329,362,728
92$498,780,843$0$0$362,657,931
93$549,220,132$0$0$399,339,801
94$604,790,484$0$0$439,753,481
95$666,014,833$0$0$484,279,308
96$733,469,441$0$0$533,336,406
97$807,789,333$0$0$587,386,636
98$889,674,294$0$0$646,938,963
99$979,895,470$0$0$712,554,252
100$1,079,302,649$0$0$784,850,567