Can I retire at age 30 with 900,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16.8%
1 years$74,321$73,659$73,013$72,383$71,767$69,778
2 years$36,793$36,107$35,443$34,799$34,175$32,185
3 years$24,285$23,597$22,934$22,296$21,682$19,755
4 years$18,032$17,346$16,690$16,063$15,464$13,613
5 years$14,281$13,599$12,952$12,338$11,755$9,987
6 years$11,782$11,105$10,467$9,867$9,302$7,617
7 years$9,997$9,326$8,698$8,112$7,565$5,964
8 years$8,659$7,994$7,377$6,805$6,276$4,758
9 years$7,619$6,960$6,354$5,796$5,285$3,849
10 years$6,787$6,135$5,539$4,997$4,503$3,147
11 years$6,108$5,462$4,877$4,348$3,873$2,594
12 years$5,541$4,902$4,328$3,814$3,356$2,152
13 years$5,063$4,430$3,867$3,367$2,927$1,795
14 years$4,653$4,027$3,474$2,989$2,565$1,504
15 years$4,298$3,679$3,137$2,666$2,259$1,264
16 years$3,987$3,375$2,844$2,387$1,996$1,066
17 years$3,714$3,108$2,588$2,145$1,770$901
18 years$3,471$2,872$2,362$1,933$1,574$763
19 years$3,254$2,662$2,163$1,746$1,403$647
20 years$3,059$2,474$1,985$1,582$1,253$550
21 years$2,883$2,304$1,826$1,436$1,121$467
22 years$2,722$2,151$1,683$1,305$1,005$398
23 years$2,577$2,012$1,554$1,189$902$339
24 years$2,443$1,885$1,437$1,084$811$289
25 years$2,320$1,769$1,331$990$730$247
26 years$2,207$1,662$1,234$905$657$210
27 years$2,103$1,564$1,146$829$593$180
28 years$2,006$1,474$1,065$759$535$154
29 years$1,916$1,391$991$696$483$131
30 years$1,832$1,313$924$639$436$112
31 years$1,754$1,242$861$587$394$96
32 years$1,680$1,175$803$539$357$82
33 years$1,612$1,113$750$496$323$70
34 years$1,547$1,054$701$456$292$60
35 years$1,487$1,000$655$420$265$51
36 years$1,429$949$613$387$240$44
37 years$1,375$902$574$356$217$38
38 years$1,324$857$537$329$197$32
39 years$1,276$815$503$303$179$28
40 years$1,230$775$472$279$162$24
41 years$1,187$738$442$258$147$20
42 years$1,146$703$415$238$133$17
43 years$1,107$670$389$220$121$15
44 years$1,069$638$366$203$110$13
45 years$1,034$609$343$187$100$11
46 years$1,000$581$322$173$91$9
47 years$968$554$303$160$82$8
48 years$937$529$285$148$75$7
49 years$907$505$267$136$68$6
50 years$879$482$251$126$62$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $900,000, adding $5,133 every year, while hoping to spend $25,036 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: 58/36/6 Blend
29$900,000$900,000$900,000$900,000
30$997,095$949,395$935,445$1,053,422
31$1,072,160$969,277$940,144$1,111,717
32$1,154,043$989,294$944,162$1,171,928
33$1,243,413$1,009,427$947,448$1,236,925
34$1,341,006$1,029,653$949,952$1,307,166
35$1,447,632$1,049,950$951,619$1,383,158
36$1,564,184$1,070,291$952,392$1,465,458
37$1,691,644$1,090,649$952,211$1,554,679
38$1,831,095$1,110,994$951,013$1,651,499
39$1,983,727$1,131,293$948,732$1,756,662
40$2,150,853$1,151,512$945,300$1,870,989
41$2,333,915$1,171,611$940,643$1,995,385
42$2,534,506$1,191,552$934,687$2,130,846
43$2,754,377$1,211,289$927,350$2,278,470
44$2,995,458$1,230,777$918,550$2,439,468
45$3,259,873$1,249,963$908,200$2,615,174
46$3,549,962$1,268,794$896,207$2,807,058
47$3,868,305$1,287,211$882,477$3,016,739
48$4,217,741$1,305,153$866,908$3,246,003
49$4,601,397$1,322,552$849,397$3,496,818
50$5,022,720$1,339,338$829,832$3,771,352
51$5,485,505$1,355,433$808,099$4,071,995
52$5,993,934$1,370,757$784,078$4,401,383
53$6,552,614$1,385,222$757,642$4,762,419
54$7,166,618$1,398,736$728,661$5,158,303
55$7,841,539$1,411,199$696,997$5,592,563
56$8,583,535$1,422,507$662,506$6,069,088
57$9,399,393$1,432,548$625,037$6,592,164
58$10,296,589$1,441,200$584,433$7,166,513
59$11,283,360$1,448,338$540,531$7,797,344
60$12,368,782$1,453,827$493,158$8,490,395
61$13,562,855$1,457,521$442,136$9,251,993
62$14,876,596$1,459,269$387,277$10,089,109
63$16,322,143$1,458,908$328,386$11,009,430
64$17,912,873$1,456,265$265,258$12,021,427
65$19,663,522$1,451,158$197,680$13,134,436
66$21,590,328$1,443,392$125,429$14,358,751
67$23,711,185$1,432,761$48,274$15,705,714
68$26,045,806$1,419,047$0$17,187,830
69$28,615,915$1,402,017$0$18,821,060
70$31,445,448$1,381,425$0$20,621,854
71$34,560,781$1,357,013$0$22,603,878
72$37,990,976$1,328,502$0$24,785,604
73$41,768,059$1,295,602$0$27,187,390
74$45,927,318$1,258,003$0$29,831,675
75$50,507,636$1,215,378$0$32,743,188
76$55,551,863$1,167,379$0$35,949,185
77$61,107,213$1,113,641$0$39,479,706
78$67,225,715$1,053,774$0$43,367,858
79$73,964,698$987,370$0$47,650,130
80$81,387,340$913,994$0$52,366,738
81$89,563,256$833,186$0$57,562,005
82$98,569,159$744,464$0$63,284,779
83$108,489,583$647,312$0$69,588,898
84$119,417,681$541,192$0$76,533,696
85$131,456,104$425,529$0$84,184,569
86$144,717,966$299,720$0$92,613,585
87$159,327,919$163,127$0$101,900,177
88$175,423,322$15,075$0$112,131,885
89$193,155,541$0$0$123,405,186
90$212,691,375$0$0$135,883,909
91$234,214,635$0$0$149,638,828
92$257,927,872$0$0$164,793,435
93$284,054,295$0$0$181,490,391
94$312,839,874$0$0$199,886,910
95$344,555,660$0$0$220,156,236
96$379,500,350$0$0$242,489,280
97$418,003,098$0$0$267,096,423
98$460,426,629$0$0$294,209,503
99$507,170,657$0$0$324,083,997
100$558,675,662$0$0$357,001,441