Can I retire at age 30 with 901,000?

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 $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%19.6%
1 years$74,404$73,741$73,094$72,463$71,847$69,078
2 years$36,834$36,148$35,483$34,838$34,213$31,456
3 years$24,312$23,623$22,960$22,321$21,706$19,049
4 years$18,052$17,365$16,709$16,081$15,481$12,943
5 years$14,297$13,615$12,967$12,352$11,768$9,356
6 years$11,795$11,117$10,479$9,878$9,312$7,027
7 years$10,008$9,336$8,708$8,121$7,573$5,415
8 years$8,669$8,003$7,385$6,813$6,283$4,249
9 years$7,628$6,968$6,361$5,803$5,291$3,379
10 years$6,795$6,142$5,546$5,002$4,508$2,714
11 years$6,114$5,468$4,882$4,353$3,877$2,197
12 years$5,548$4,908$4,333$3,818$3,360$1,790
13 years$5,068$4,435$3,871$3,371$2,930$1,465
14 years$4,658$4,031$3,478$2,993$2,568$1,203
15 years$4,302$3,683$3,140$2,669$2,261$992
16 years$3,992$3,379$2,847$2,390$1,999$819
17 years$3,718$3,112$2,591$2,147$1,772$678
18 years$3,475$2,875$2,365$1,935$1,576$562
19 years$3,258$2,665$2,165$1,748$1,404$467
20 years$3,062$2,476$1,987$1,583$1,254$388
21 years$2,886$2,307$1,828$1,437$1,123$323
22 years$2,726$2,153$1,685$1,307$1,006$269
23 years$2,579$2,014$1,555$1,190$903$224
24 years$2,446$1,887$1,438$1,085$812$187
25 years$2,323$1,771$1,332$991$731$156
26 years$2,210$1,664$1,236$906$658$130
27 years$2,105$1,566$1,147$830$593$109
28 years$2,008$1,476$1,067$760$535$91
29 years$1,918$1,392$993$697$483$76
30 years$1,834$1,315$925$640$437$63
31 years$1,756$1,243$862$587$395$53
32 years$1,682$1,176$804$540$357$44
33 years$1,614$1,114$751$496$323$37
34 years$1,549$1,056$702$457$293$31
35 years$1,488$1,001$656$421$265$26
36 years$1,431$950$614$387$240$22
37 years$1,377$903$574$357$218$18
38 years$1,326$858$538$329$197$15
39 years$1,278$816$504$303$179$13
40 years$1,232$776$472$280$162$11
41 years$1,188$739$443$258$147$9
42 years$1,147$704$415$238$134$7
43 years$1,108$670$390$220$121$6
44 years$1,071$639$366$203$110$5
45 years$1,035$609$344$187$100$4
46 years$1,001$581$323$173$91$4
47 years$969$555$303$160$82$3
48 years$938$530$285$148$75$3
49 years$908$506$268$137$68$2
50 years$880$483$252$126$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $901,000, adding $4,857 every year, while hoping to spend $26,442 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: 32/40/28 Blend
29$901,000$901,000$901,000$901,000
30$997,912$950,159$936,193$1,021,197
31$1,071,565$968,583$939,422$1,057,877
32$1,151,844$987,023$941,872$1,094,688
33$1,239,398$1,005,453$943,490$1,133,821
34$1,334,939$1,023,842$944,220$1,175,498
35$1,439,253$1,042,161$944,001$1,219,966
36$1,553,203$1,060,373$942,772$1,267,498
37$1,677,742$1,078,443$940,467$1,318,394
38$1,813,916$1,096,331$937,017$1,372,988
39$1,962,879$1,113,995$932,350$1,431,647
40$2,125,900$1,131,388$926,391$1,494,779
41$2,304,377$1,148,462$919,061$1,562,832
42$2,499,851$1,165,164$910,277$1,636,305
43$2,714,017$1,181,438$899,952$1,715,746
44$2,948,742$1,197,224$887,996$1,801,762
45$3,206,082$1,212,456$874,313$1,895,024
46$3,488,303$1,227,067$858,803$1,996,274
47$3,797,900$1,240,983$841,362$2,106,329
48$4,137,620$1,254,125$821,882$2,226,094
49$4,510,489$1,266,410$800,247$2,356,570
50$4,919,843$1,277,748$776,339$2,498,858
51$5,369,353$1,288,043$750,033$2,654,180
52$5,863,065$1,297,196$721,197$2,823,880
53$6,405,436$1,305,096$689,695$3,009,445
54$7,001,375$1,311,631$655,385$3,212,519
55$7,656,292$1,316,678$618,117$3,434,913
56$8,376,145$1,320,106$577,735$3,678,629
57$9,167,498$1,321,778$534,076$3,945,878
58$10,037,585$1,321,546$486,969$4,239,099
59$10,994,373$1,319,256$436,236$4,560,985
60$12,046,641$1,314,742$381,693$4,914,509
61$13,204,062$1,307,828$323,143$5,302,952
62$14,477,293$1,298,329$260,385$5,729,936
63$15,878,076$1,286,046$193,207$6,199,457
64$17,419,348$1,270,770$121,387$6,715,925
65$19,115,363$1,252,280$44,696$7,284,209
66$20,981,828$1,230,339$0$7,909,677
67$23,036,049$1,204,700$0$8,609,354
68$25,297,093$1,175,097$0$9,393,651
69$27,785,972$1,141,252$0$10,256,492
70$30,525,836$1,102,869$0$11,205,916
71$33,542,196$1,059,634$0$12,250,787
72$36,863,161$1,011,217$0$13,400,878
73$40,519,703$957,267$0$14,666,964
74$44,545,953$897,413$0$16,060,923
75$48,979,517$831,263$0$17,595,853
76$53,861,835$758,402$0$19,286,191
77$59,238,572$678,394$0$21,147,857
78$65,160,045$590,774$0$23,198,400
79$71,681,702$495,054$0$25,457,165
80$78,864,640$390,716$0$27,945,482
81$86,776,187$277,215$0$30,686,862
82$95,490,534$153,974$0$33,707,226
83$105,089,434$20,384$0$37,035,146
84$115,662,976$0$0$40,702,121
85$127,310,434$0$0$44,797,540
86$140,141,202$0$0$49,319,120
87$154,275,829$0$0$54,300,396
88$169,847,155$0$0$59,788,210
89$187,001,565$0$0$65,834,181
90$205,900,370$0$0$72,495,189
91$226,721,329$0$0$79,833,916
92$249,660,329$0$0$87,919,437
93$274,933,229$0$0$96,827,867
94$302,777,903$0$0$106,643,089
95$333,456,481$0$0$117,457,534
96$367,257,823$0$0$129,373,064
97$404,500,248$0$0$142,501,926
98$445,534,538$0$0$156,967,815
99$490,747,247$0$0$172,907,042
100$540,564,349$0$0$190,469,818