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%15.4%
1 years$74,321$73,659$73,013$72,383$71,767$70,175
2 years$36,793$36,107$35,443$34,799$34,175$32,579
3 years$24,285$23,597$22,934$22,296$21,682$20,132
4 years$18,032$17,346$16,690$16,063$15,464$13,972
5 years$14,281$13,599$12,952$12,338$11,755$10,326
6 years$11,782$11,105$10,467$9,867$9,302$7,936
7 years$9,997$9,326$8,698$8,112$7,565$6,263
8 years$8,659$7,994$7,377$6,805$6,276$5,038
9 years$7,619$6,960$6,354$5,796$5,285$4,110
10 years$6,787$6,135$5,539$4,997$4,503$3,389
11 years$6,108$5,462$4,877$4,348$3,873$2,819
12 years$5,541$4,902$4,328$3,814$3,356$2,361
13 years$5,063$4,430$3,867$3,367$2,927$1,988
14 years$4,653$4,027$3,474$2,989$2,565$1,681
15 years$4,298$3,679$3,137$2,666$2,259$1,427
16 years$3,987$3,375$2,844$2,387$1,996$1,215
17 years$3,714$3,108$2,588$2,145$1,770$1,038
18 years$3,471$2,872$2,362$1,933$1,574$888
19 years$3,254$2,662$2,163$1,746$1,403$761
20 years$3,059$2,474$1,985$1,582$1,253$653
21 years$2,883$2,304$1,826$1,436$1,121$562
22 years$2,722$2,151$1,683$1,305$1,005$483
23 years$2,577$2,012$1,554$1,189$902$416
24 years$2,443$1,885$1,437$1,084$811$359
25 years$2,320$1,769$1,331$990$730$310
26 years$2,207$1,662$1,234$905$657$267
27 years$2,103$1,564$1,146$829$593$231
28 years$2,006$1,474$1,065$759$535$199
29 years$1,916$1,391$991$696$483$172
30 years$1,832$1,313$924$639$436$149
31 years$1,754$1,242$861$587$394$129
32 years$1,680$1,175$803$539$357$112
33 years$1,612$1,113$750$496$323$97
34 years$1,547$1,054$701$456$292$84
35 years$1,487$1,000$655$420$265$72
36 years$1,429$949$613$387$240$63
37 years$1,375$902$574$356$217$54
38 years$1,324$857$537$329$197$47
39 years$1,276$815$503$303$179$41
40 years$1,230$775$472$279$162$35
41 years$1,187$738$442$258$147$31
42 years$1,146$703$415$238$133$26
43 years$1,107$670$389$220$121$23
44 years$1,069$638$366$203$110$20
45 years$1,034$609$343$187$100$17
46 years$1,000$581$322$173$91$15
47 years$968$554$303$160$82$13
48 years$937$529$285$148$75$11
49 years$907$505$267$136$68$10
50 years$879$482$251$126$62$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $900,000, adding $6,098 every year, while hoping to spend $29,232 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: 40/46/14 Blend
29$900,000$900,000$900,000$900,000
30$998,090$950,390$936,440$1,033,625
31$1,068,793$965,857$936,708$1,074,836
32$1,145,727$981,101$936,006$1,116,070
33$1,229,498$996,082$934,269$1,160,043
34$1,320,772$1,010,755$931,431$1,207,017
35$1,420,280$1,025,071$927,424$1,257,282
36$1,528,829$1,038,980$922,173$1,311,157
37$1,647,305$1,052,426$915,602$1,368,997
38$1,776,687$1,065,351$907,630$1,431,192
39$1,918,047$1,077,692$898,175$1,498,173
40$2,072,571$1,089,382$887,147$1,570,418
41$2,241,562$1,100,350$874,454$1,648,453
42$2,426,453$1,110,519$860,000$1,732,860
43$2,628,825$1,119,808$843,684$1,824,281
44$2,850,417$1,128,131$825,400$1,923,426
45$3,093,146$1,135,396$805,037$2,031,080
46$3,359,121$1,141,504$782,480$2,148,108
47$3,650,665$1,146,351$757,606$2,275,467
48$3,970,337$1,149,827$730,291$2,414,213
49$4,320,956$1,151,813$700,400$2,565,512
50$4,705,626$1,152,184$667,796$2,730,652
51$5,127,766$1,150,807$632,333$2,911,056
52$5,591,142$1,147,541$593,860$3,108,294
53$6,099,904$1,142,236$552,220$3,324,099
54$6,658,621$1,134,733$507,246$3,560,386
55$7,272,328$1,124,862$458,767$3,819,266
56$7,946,571$1,112,446$406,601$4,103,073
57$8,687,459$1,097,293$350,560$4,414,381
58$9,501,723$1,079,204$290,447$4,756,032
59$10,396,779$1,057,965$226,057$5,131,161
60$11,380,796$1,033,351$157,175$5,543,231
61$12,462,774$1,005,122$83,577$5,996,060
62$13,652,630$973,025$5,030$6,493,865
63$14,961,288$936,794$0$7,041,296
64$16,400,787$896,144$0$7,655,257
65$17,984,387$850,775$0$8,331,207
66$19,726,703$800,372$0$9,074,683
67$21,643,835$744,597$0$9,892,618
68$23,753,521$683,098$0$10,792,663
69$26,075,309$615,498$0$11,783,251
70$28,630,735$541,403$0$12,873,684
71$31,443,531$460,393$0$14,074,222
72$34,539,845$372,025$0$15,396,177
73$37,948,488$275,834$0$16,852,023
74$41,701,209$171,325$0$18,455,516
75$45,832,990$57,977$0$20,221,825
76$50,382,377$0$0$22,167,676
77$55,391,846$0$0$24,344,291
78$60,908,201$0$0$26,773,618
79$66,983,015$0$0$29,449,042
80$73,673,118$0$0$32,395,612
81$81,041,134$0$0$35,640,930
82$89,156,068$0$0$39,215,410
83$98,093,961$0$0$43,152,568
84$107,938,605$0$0$47,489,339
85$118,782,332$0$0$52,266,419
86$130,726,890$0$0$57,528,656
87$143,884,399$0$0$63,325,469
88$158,378,409$0$0$69,711,318
89$174,345,070$0$0$76,746,213
90$191,934,410$0$0$84,496,283
91$211,311,756$0$0$93,034,403
92$232,659,293$0$0$102,440,874
93$256,177,781$0$0$112,804,191
94$282,088,453$0$0$124,221,867
95$310,635,101$0$0$136,801,364
96$342,086,376$0$0$150,661,098
97$376,738,325$0$0$165,931,564
98$414,917,186$0$0$182,756,564
99$456,982,465$0$0$201,294,562
100$503,330,330$0$0$221,720,187