Can I retire at age 30 with 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 $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%17.6%
1 years$74,321$73,659$73,013$72,383$71,767$69,554
2 years$36,793$36,107$35,443$34,799$34,175$31,964
3 years$24,285$23,597$22,934$22,296$21,682$19,543
4 years$18,032$17,346$16,690$16,063$15,464$13,413
5 years$14,281$13,599$12,952$12,338$11,755$9,799
6 years$11,782$11,105$10,467$9,867$9,302$7,441
7 years$9,997$9,326$8,698$8,112$7,565$5,800
8 years$8,659$7,994$7,377$6,805$6,276$4,605
9 years$7,619$6,960$6,354$5,796$5,285$3,707
10 years$6,787$6,135$5,539$4,997$4,503$3,016
11 years$6,108$5,462$4,877$4,348$3,873$2,473
12 years$5,541$4,902$4,328$3,814$3,356$2,041
13 years$5,063$4,430$3,867$3,367$2,927$1,694
14 years$4,653$4,027$3,474$2,989$2,565$1,411
15 years$4,298$3,679$3,137$2,666$2,259$1,179
16 years$3,987$3,375$2,844$2,387$1,996$989
17 years$3,714$3,108$2,588$2,145$1,770$831
18 years$3,471$2,872$2,362$1,933$1,574$699
19 years$3,254$2,662$2,163$1,746$1,403$590
20 years$3,059$2,474$1,985$1,582$1,253$498
21 years$2,883$2,304$1,826$1,436$1,121$421
22 years$2,722$2,151$1,683$1,305$1,005$356
23 years$2,577$2,012$1,554$1,189$902$301
24 years$2,443$1,885$1,437$1,084$811$255
25 years$2,320$1,769$1,331$990$730$216
26 years$2,207$1,662$1,234$905$657$184
27 years$2,103$1,564$1,146$829$593$156
28 years$2,006$1,474$1,065$759$535$132
29 years$1,916$1,391$991$696$483$112
30 years$1,832$1,313$924$639$436$95
31 years$1,754$1,242$861$587$394$81
32 years$1,680$1,175$803$539$357$69
33 years$1,612$1,113$750$496$323$58
34 years$1,547$1,054$701$456$292$50
35 years$1,487$1,000$655$420$265$42
36 years$1,429$949$613$387$240$36
37 years$1,375$902$574$356$217$30
38 years$1,324$857$537$329$197$26
39 years$1,276$815$503$303$179$22
40 years$1,230$775$472$279$162$19
41 years$1,187$738$442$258$147$16
42 years$1,146$703$415$238$133$14
43 years$1,107$670$389$220$121$12
44 years$1,069$638$366$203$110$10
45 years$1,034$609$343$187$100$8
46 years$1,000$581$322$173$91$7
47 years$968$554$303$160$82$6
48 years$937$529$285$148$75$5
49 years$907$505$267$136$68$4
50 years$879$482$251$126$62$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $900,000, adding $2,111 every year, while hoping to spend $44,161 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: 63/26/11 Blend
29$900,000$900,000$900,000$900,000
30$993,977$946,277$932,327$1,053,983
31$1,048,376$945,658$916,574$1,093,756
32$1,106,844$943,528$898,812$1,131,867
33$1,169,748$939,767$878,928$1,172,376
34$1,237,494$934,247$856,804$1,215,515
35$1,310,525$926,833$832,314$1,261,543
36$1,389,330$917,379$805,328$1,310,743
37$1,474,445$905,734$775,709$1,363,431
38$1,566,458$891,735$743,316$1,419,955
39$1,666,018$875,211$707,998$1,480,702
40$1,773,837$855,981$669,600$1,546,099
41$1,890,696$833,852$627,960$1,616,618
42$2,017,456$808,620$582,906$1,692,782
43$2,155,064$780,070$534,261$1,775,169
44$2,304,561$747,974$481,839$1,864,419
45$2,467,092$712,090$425,446$1,961,238
46$2,643,915$672,162$364,878$2,066,408
47$2,836,418$627,922$299,925$2,180,795
48$3,046,125$579,082$230,365$2,305,354
49$3,274,715$525,342$155,967$2,441,142
50$3,524,034$466,382$76,490$2,589,327
51$3,796,116$401,865$0$2,751,200
52$4,093,197$331,434$0$2,929,164
53$4,417,742$254,714$0$3,133,465
54$4,772,463$171,305$0$3,356,888
55$5,160,345$80,790$0$3,601,391
56$5,584,674$0$0$3,869,137
57$6,049,072$0$0$4,167,453
58$6,557,523$0$0$4,519,437
59$7,114,417$0$0$4,905,020
60$7,724,586$0$0$5,327,558
61$8,393,355$0$0$5,790,745
62$9,126,585$0$0$6,298,650
63$9,930,734$0$0$6,855,755
64$10,812,913$0$0$7,466,995
65$11,780,955$0$0$8,137,809
66$12,843,489$0$0$8,874,185
67$14,010,019$0$0$9,682,720
68$15,291,014$0$0$10,570,682
69$16,698,009$0$0$11,546,076
70$18,243,707$0$0$12,617,722
71$19,942,105$0$0$13,795,335
72$21,808,622$0$0$15,089,619
73$23,860,245$0$0$16,512,365
74$26,115,689$0$0$18,076,564
75$28,595,571$0$0$19,796,530
76$31,322,608$0$0$21,688,032
77$34,321,827$0$0$23,768,443
78$37,620,803$0$0$26,056,904
79$41,249,915$0$0$28,574,508
80$45,242,638$0$0$31,344,491
81$49,635,854$0$0$34,392,456
82$54,470,200$0$0$37,746,616
83$59,790,450$0$0$41,438,052
84$65,645,942$0$0$45,501,016
85$72,091,034$0$0$49,973,244
86$79,185,627$0$0$54,896,320
87$86,995,719$0$0$60,316,063
88$95,594,034$0$0$66,282,960
89$105,060,708$0$0$72,852,642
90$115,484,039$0$0$80,086,409
91$126,961,324$0$0$88,051,809
92$139,599,777$0$0$96,823,272
93$153,517,536$0$0$106,482,815
94$168,844,783$0$0$117,120,813
95$185,724,965$0$0$128,836,855
96$204,316,153$0$0$141,740,680
97$224,792,530$0$0$155,953,212
98$247,346,036$0$0$171,607,705
99$272,188,176$0$0$188,850,994
100$299,552,019$0$0$207,844,887