Can I retire at age 30 with 901,000?

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 $901,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$74,404$73,741$73,094$72,463$71,847$71,454
2 years$36,834$36,148$35,483$34,838$34,213$33,816
3 years$24,312$23,623$22,960$22,321$21,706$21,318
4 years$18,052$17,365$16,709$16,081$15,481$15,105
5 years$14,297$13,615$12,967$12,352$11,768$11,405
6 years$11,795$11,117$10,479$9,878$9,312$8,962
7 years$10,008$9,336$8,708$8,121$7,573$7,237
8 years$8,669$8,003$7,385$6,813$6,283$5,960
9 years$7,628$6,968$6,361$5,803$5,291$4,981
10 years$6,795$6,142$5,546$5,002$4,508$4,212
11 years$6,114$5,468$4,882$4,353$3,877$3,594
12 years$5,548$4,908$4,333$3,818$3,360$3,089
13 years$5,068$4,435$3,871$3,371$2,930$2,672
14 years$4,658$4,031$3,478$2,993$2,568$2,323
15 years$4,302$3,683$3,140$2,669$2,261$2,028
16 years$3,992$3,379$2,847$2,390$1,999$1,776
17 years$3,718$3,112$2,591$2,147$1,772$1,561
18 years$3,475$2,875$2,365$1,935$1,576$1,376
19 years$3,258$2,665$2,165$1,748$1,404$1,215
20 years$3,062$2,476$1,987$1,583$1,254$1,075
21 years$2,886$2,307$1,828$1,437$1,123$953
22 years$2,726$2,153$1,685$1,307$1,006$846
23 years$2,579$2,014$1,555$1,190$903$752
24 years$2,446$1,887$1,438$1,085$812$670
25 years$2,323$1,771$1,332$991$731$597
26 years$2,210$1,664$1,236$906$658$532
27 years$2,105$1,566$1,147$830$593$475
28 years$2,008$1,476$1,067$760$535$424
29 years$1,918$1,392$993$697$483$379
30 years$1,834$1,315$925$640$437$339
31 years$1,756$1,243$862$587$395$303
32 years$1,682$1,176$804$540$357$271
33 years$1,614$1,114$751$496$323$243
34 years$1,549$1,056$702$457$293$218
35 years$1,488$1,001$656$421$265$195
36 years$1,431$950$614$387$240$175
37 years$1,377$903$574$357$218$157
38 years$1,326$858$538$329$197$141
39 years$1,278$816$504$303$179$126
40 years$1,232$776$472$280$162$113
41 years$1,188$739$443$258$147$101
42 years$1,147$704$415$238$134$91
43 years$1,108$670$390$220$121$82
44 years$1,071$639$366$203$110$73
45 years$1,035$609$344$187$100$66
46 years$1,001$581$323$173$91$59
47 years$969$555$303$160$82$53
48 years$938$530$285$148$75$48
49 years$908$506$268$137$68$43
50 years$880$483$252$126$62$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $901,000, adding $4,862 every year, while hoping to spend $23,644 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: 74/21/5 Blend
29$901,000$901,000$901,000$901,000
30$997,917$950,164$936,199$1,071,033
31$1,074,548$971,565$942,404$1,141,197
32$1,158,202$993,222$948,025$1,214,546
33$1,249,572$1,015,123$953,017$1,294,210
34$1,349,418$1,037,254$957,333$1,380,805
35$1,458,579$1,059,600$960,924$1,475,007
36$1,577,977$1,082,144$963,738$1,577,564
37$1,708,629$1,104,866$965,721$1,689,297
38$1,851,652$1,127,748$966,816$1,811,110
39$2,008,279$1,150,766$966,963$1,944,001
40$2,179,867$1,173,897$966,100$2,089,067
41$2,367,908$1,197,113$964,159$2,247,517
42$2,574,050$1,220,387$961,073$2,420,683
43$2,800,103$1,243,686$956,770$2,610,033
44$3,048,064$1,266,977$951,172$2,817,182
45$3,320,131$1,290,223$944,201$3,043,911
46$3,618,726$1,313,386$935,773$3,292,183
47$3,946,515$1,336,421$925,800$3,564,158
48$4,306,437$1,359,283$914,192$3,862,218
49$4,701,729$1,381,923$900,853$4,188,986
50$5,135,956$1,404,288$885,682$4,547,353
51$5,613,045$1,426,320$868,574$4,940,504
52$6,137,324$1,447,958$849,419$5,371,949
53$6,713,559$1,469,136$828,103$5,845,554
54$7,347,003$1,489,784$804,505$6,365,581
55$8,043,440$1,509,827$778,499$6,936,724
56$8,809,247$1,529,183$749,954$7,564,159
57$9,651,444$1,547,768$718,732$8,253,585
58$10,577,771$1,565,488$684,689$9,011,286
59$11,596,752$1,582,246$647,675$9,844,184
60$12,717,782$1,597,936$607,533$10,759,908
61$13,951,208$1,612,447$564,097$11,766,864
62$15,308,434$1,625,660$517,198$12,874,318
63$16,802,025$1,637,448$466,654$14,092,478
64$18,445,824$1,647,676$412,280$15,432,593
65$20,255,085$1,656,199$353,879$16,907,062
66$22,246,616$1,662,865$291,246$18,529,547
67$24,438,938$1,667,512$224,169$20,315,104
68$26,852,455$1,669,966$152,425$22,280,324
69$29,509,655$1,670,044$75,781$24,443,492
70$32,435,314$1,667,551$0$26,824,758
71$35,656,735$1,662,279$0$29,446,649
72$39,204,000$1,654,009$0$32,337,649
73$43,110,260$1,642,507$0$35,520,693
74$47,412,043$1,627,527$0$39,025,515
75$52,149,601$1,608,805$0$42,884,883
76$57,367,288$1,586,064$0$47,134,903
77$63,113,980$1,559,010$0$51,815,370
78$69,443,534$1,527,329$0$56,970,134
79$76,415,298$1,490,692$0$62,647,519
80$84,094,670$1,448,748$0$68,900,780
81$92,553,717$1,401,127$0$75,788,602
82$101,871,850$1,347,436$0$83,375,659
83$112,136,578$1,287,260$0$91,733,222
84$123,444,334$1,220,160$0$100,939,831
85$135,901,380$1,145,672$0$111,082,041
86$149,624,816$1,063,305$0$122,255,234
87$164,743,678$972,538$0$134,564,526
88$181,400,165$872,824$0$148,125,752
89$199,750,970$763,581$0$163,066,568
90$219,968,770$644,197$0$179,527,652
91$242,243,846$514,025$0$197,664,032
92$266,785,885$372,379$0$217,646,553
93$293,825,957$218,537$0$239,663,489
94$323,618,695$51,736$0$263,922,320
95$356,444,702$0$0$290,651,695
96$392,613,193$0$0$320,133,356
97$432,464,920$0$0$352,630,546
98$476,375,388$0$0$388,437,521
99$524,758,393$0$0$427,891,726
100$578,069,935$0$0$471,365,017