Can I retire at age 30 with 902,000?

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 $902,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$74,486$73,823$73,176$72,544$71,927$69,458
2 years$36,874$36,188$35,522$34,877$34,251$31,788
3 years$24,339$23,649$22,985$22,346$21,730$19,352
4 years$18,072$17,385$16,727$16,099$15,498$13,222
5 years$14,313$13,630$12,981$12,366$11,781$9,613
6 years$11,808$11,130$10,491$9,889$9,322$7,264
7 years$10,019$9,347$8,718$8,130$7,581$5,633
8 years$8,678$8,012$7,393$6,820$6,290$4,449
9 years$7,636$6,976$6,368$5,809$5,297$3,562
10 years$6,803$6,149$5,552$5,008$4,513$2,881
11 years$6,121$5,474$4,888$4,358$3,881$2,349
12 years$5,554$4,913$4,338$3,823$3,364$1,927
13 years$5,074$4,440$3,875$3,375$2,933$1,589
14 years$4,663$4,036$3,482$2,996$2,571$1,316
15 years$4,307$3,687$3,144$2,672$2,264$1,093
16 years$3,996$3,383$2,850$2,392$2,001$910
17 years$3,722$3,115$2,594$2,149$1,774$760
18 years$3,479$2,879$2,368$1,937$1,577$635
19 years$3,261$2,668$2,168$1,750$1,406$532
20 years$3,066$2,479$1,989$1,585$1,256$446
21 years$2,889$2,309$1,830$1,439$1,124$374
22 years$2,729$2,156$1,686$1,308$1,007$314
23 years$2,582$2,016$1,557$1,191$904$264
24 years$2,448$1,889$1,440$1,087$813$222
25 years$2,325$1,773$1,334$992$731$187
26 years$2,212$1,666$1,237$907$659$158
27 years$2,107$1,568$1,149$830$594$133
28 years$2,010$1,477$1,068$761$536$112
29 years$1,920$1,394$994$698$484$94
30 years$1,836$1,316$926$640$437$79
31 years$1,758$1,244$863$588$395$67
32 years$1,684$1,177$805$541$358$56
33 years$1,615$1,115$752$497$324$48
34 years$1,551$1,057$702$457$293$40
35 years$1,490$1,002$657$421$265$34
36 years$1,433$951$614$388$240$29
37 years$1,379$904$575$357$218$24
38 years$1,327$859$538$329$198$20
39 years$1,279$817$504$304$179$17
40 years$1,233$777$473$280$163$14
41 years$1,190$740$443$258$147$12
42 years$1,148$704$416$238$134$10
43 years$1,109$671$390$220$121$9
44 years$1,072$640$366$203$110$7
45 years$1,036$610$344$188$100$6
46 years$1,002$582$323$173$91$5
47 years$970$555$304$160$82$4
48 years$939$530$285$148$75$4
49 years$909$506$268$137$68$3
50 years$881$484$252$126$62$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $902,000, adding $3,224 every year, while hoping to spend $21,113 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: 48/28/24 Blend
29$902,000$902,000$902,000$902,000
30$997,330$949,524$935,543$1,038,258
31$1,076,593$973,586$944,419$1,091,279
32$1,163,234$998,120$952,886$1,146,464
33$1,257,982$1,023,126$960,906$1,205,968
34$1,361,642$1,048,605$968,441$1,270,206
35$1,475,098$1,074,556$975,453$1,339,636
36$1,599,326$1,100,977$981,899$1,414,764
37$1,735,399$1,127,866$987,734$1,496,144
38$1,884,499$1,155,221$992,912$1,584,392
39$2,047,927$1,183,036$997,384$1,680,180
40$2,227,119$1,211,308$1,001,100$1,784,255
41$2,423,653$1,240,030$1,004,004$1,897,437
42$2,639,268$1,269,194$1,006,041$2,020,628
43$2,875,881$1,298,792$1,007,151$2,154,826
44$3,135,602$1,328,814$1,007,271$2,301,128
45$3,420,755$1,359,247$1,006,337$2,460,745
46$3,733,901$1,390,080$1,004,278$2,635,009
47$4,077,861$1,421,296$1,001,024$2,825,392
48$4,455,743$1,452,880$996,499$3,033,513
49$4,870,971$1,484,813$990,623$3,261,158
50$5,327,315$1,517,073$983,313$3,510,296
51$5,828,930$1,549,639$974,484$3,783,096
52$6,380,394$1,582,485$964,042$4,081,949
53$6,986,750$1,615,582$951,894$4,409,491
54$7,653,555$1,648,902$937,938$4,768,628
55$8,386,930$1,682,411$922,071$5,162,563
56$9,193,619$1,716,071$904,183$5,594,824
57$10,081,054$1,749,845$884,160$6,069,304
58$11,057,423$1,783,688$861,880$6,590,290
59$12,131,747$1,817,555$837,219$7,162,511
60$13,313,965$1,851,396$810,046$7,791,176
61$14,615,030$1,885,155$780,223$8,482,029
62$16,047,009$1,918,774$747,607$9,241,400
63$17,623,200$1,952,189$712,048$10,076,267
64$19,358,253$1,985,333$673,388$10,994,322
65$21,268,312$2,018,132$631,464$12,004,040
66$23,371,166$2,050,506$586,104$13,114,768
67$25,686,416$2,082,372$537,130$14,336,803
68$28,235,660$2,113,638$484,353$15,681,497
69$31,042,698$2,144,207$427,580$17,161,362
70$34,133,755$2,173,975$366,605$18,790,189
71$37,537,727$2,202,828$301,215$20,583,177
72$41,286,458$2,230,650$231,189$22,557,081
73$45,415,035$2,257,310$156,292$24,730,365
74$49,962,125$2,282,674$76,284$27,123,382
75$54,970,332$2,306,596$0$29,758,564
76$60,486,606$2,328,920$0$32,662,963
77$66,562,684$2,349,480$0$35,882,497
78$73,255,574$2,368,102$0$39,427,715
79$80,628,100$2,384,595$0$43,331,792
80$88,749,487$2,398,762$0$47,631,286
81$97,696,022$2,410,388$0$52,366,486
82$107,551,766$2,419,248$0$57,581,792
83$118,409,356$2,425,100$0$63,326,131
84$130,370,869$2,427,689$0$69,653,424
85$143,548,796$2,426,744$0$76,623,093
86$158,067,094$2,421,975$0$84,300,622
87$174,062,363$2,413,077$0$92,758,175
88$191,685,130$2,399,724$0$102,075,279
89$211,101,274$2,381,572$0$112,339,576
90$232,493,590$2,358,254$0$123,647,648
91$256,063,511$2,329,384$0$136,105,932
92$282,033,015$2,294,549$0$149,831,722
93$310,646,715$2,253,315$0$164,954,282
94$342,174,173$2,205,220$0$181,616,061
95$376,912,438$2,149,775$0$199,974,043
96$415,188,856$2,086,463$0$220,201,228
97$457,364,155$2,014,737$0$242,488,265
98$503,835,856$1,934,016$0$267,045,255
99$555,042,018$1,843,687$0$294,103,732
100$611,465,378$1,743,101$0$323,918,855