Can I retire at age 30 with 903,000?

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 $903,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$74,569$73,905$73,257$72,624$72,006$69,982
2 years$36,915$36,228$35,561$34,915$34,289$32,265
3 years$24,366$23,675$23,011$22,371$21,754$19,794
4 years$18,092$17,404$16,746$16,117$15,515$13,634
5 years$14,329$13,645$12,995$12,379$11,794$9,997
6 years$11,821$11,142$10,502$9,900$9,333$7,620
7 years$10,030$9,357$8,727$8,139$7,590$5,963
8 years$8,688$8,021$7,402$6,828$6,297$4,755
9 years$7,644$6,983$6,375$5,816$5,303$3,844
10 years$6,810$6,156$5,558$5,013$4,518$3,141
11 years$6,128$5,480$4,893$4,363$3,886$2,587
12 years$5,560$4,919$4,342$3,827$3,367$2,145
13 years$5,080$4,445$3,880$3,379$2,936$1,788
14 years$4,668$4,040$3,486$2,999$2,574$1,497
15 years$4,312$3,691$3,147$2,675$2,266$1,258
16 years$4,001$3,386$2,854$2,395$2,003$1,060
17 years$3,726$3,119$2,597$2,152$1,776$895
18 years$3,483$2,882$2,370$1,939$1,579$757
19 years$3,265$2,671$2,170$1,752$1,408$642
20 years$3,069$2,482$1,991$1,587$1,257$545
21 years$2,892$2,312$1,832$1,440$1,125$463
22 years$2,732$2,158$1,688$1,310$1,008$394
23 years$2,585$2,018$1,559$1,193$905$335
24 years$2,451$1,891$1,442$1,088$814$286
25 years$2,328$1,775$1,335$993$732$243
26 years$2,215$1,668$1,238$908$660$208
27 years$2,110$1,570$1,150$831$595$177
28 years$2,013$1,479$1,069$762$537$151
29 years$1,922$1,395$995$699$484$129
30 years$1,838$1,318$927$641$438$110
31 years$1,760$1,246$864$589$396$94
32 years$1,686$1,179$806$541$358$80
33 years$1,617$1,116$753$498$324$69
34 years$1,552$1,058$703$458$293$59
35 years$1,492$1,003$657$421$266$50
36 years$1,434$952$615$388$241$43
37 years$1,380$905$576$358$218$37
38 years$1,329$860$539$330$198$31
39 years$1,280$817$505$304$179$27
40 years$1,235$778$473$280$163$23
41 years$1,191$740$444$259$148$20
42 years$1,150$705$416$239$134$17
43 years$1,110$672$391$220$122$14
44 years$1,073$640$367$203$110$12
45 years$1,037$611$344$188$100$11
46 years$1,003$583$323$174$91$9
47 years$971$556$304$160$83$8
48 years$940$531$286$148$75$7
49 years$910$507$268$137$68$6
50 years$882$484$252$127$62$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $903,000, adding $4,387 every year, while hoping to spend $25,408 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: 68/18/14 Blend
29$903,000$903,000$903,000$903,000
30$999,631$951,772$937,776$1,064,109
31$1,074,560$971,375$942,157$1,127,208
32$1,156,279$991,087$945,834$1,192,770
33$1,245,456$1,010,886$948,756$1,263,829
34$1,342,822$1,030,750$950,869$1,340,924
35$1,449,186$1,050,652$952,119$1,424,644
36$1,565,434$1,070,565$952,446$1,515,643
37$1,692,545$1,090,460$951,790$1,614,640
38$1,831,596$1,110,304$950,086$1,722,424
39$1,983,772$1,130,062$947,267$1,839,869
40$2,150,379$1,149,697$943,263$1,967,936
41$2,332,854$1,169,168$937,998$2,107,683
42$2,532,780$1,188,432$931,396$2,260,278
43$2,751,900$1,207,443$923,375$2,427,007
44$2,992,136$1,226,149$913,849$2,609,286
45$3,255,601$1,244,497$902,730$2,808,677
46$3,544,625$1,262,430$889,924$3,026,902
47$3,861,773$1,279,886$875,333$3,265,858
48$4,209,872$1,296,798$858,855$3,527,634
49$4,592,034$1,313,096$840,382$3,814,535
50$5,011,688$1,328,705$819,801$4,129,100
51$5,472,612$1,343,543$796,996$4,474,127
52$5,978,966$1,357,525$771,844$4,852,701
53$6,535,336$1,370,559$744,216$5,268,221
54$7,146,771$1,382,547$713,977$5,724,434
55$7,818,833$1,393,384$680,988$6,225,468
56$8,557,654$1,402,959$645,101$6,775,875
57$9,369,986$1,411,155$606,162$7,380,670
58$10,263,268$1,417,845$564,012$8,045,382
59$11,245,697$1,422,895$518,483$8,776,105
60$12,326,305$1,426,164$469,398$9,579,552
61$13,515,041$1,427,499$416,577$10,463,127
62$14,822,870$1,426,741$359,826$11,434,986
63$16,261,869$1,423,718$298,947$12,504,120
64$17,845,350$1,418,250$233,732$13,680,438
65$19,587,975$1,410,144$163,961$14,974,863
66$21,505,904$1,399,197$89,410$16,399,430
67$23,616,940$1,385,191$9,839$17,967,408
68$25,940,701$1,367,899$0$19,693,417
69$28,498,803$1,347,076$0$21,604,787
70$31,315,064$1,322,466$0$23,710,363
71$34,415,729$1,293,796$0$26,028,287
72$37,829,718$1,260,776$0$28,580,177
73$41,588,897$1,223,101$0$31,389,853
74$45,728,379$1,180,448$0$34,483,568
75$50,286,856$1,132,473$0$37,890,251
76$55,306,966$1,078,814$0$41,641,782
77$60,835,688$1,019,087$0$45,773,295
78$66,924,793$952,888$0$50,323,508
79$73,631,329$879,786$0$55,335,088
80$81,018,157$799,329$0$60,855,057
81$89,154,550$711,037$0$66,935,232
82$98,116,841$614,404$0$73,632,720
83$107,989,143$508,894$0$81,010,450
84$118,864,148$393,943$0$89,137,774
85$130,843,998$268,952$0$98,091,121
86$144,041,246$133,292$0$107,954,715
87$158,579,926$0$0$118,821,375
88$174,596,715$0$0$130,796,102
89$192,242,228$0$0$144,017,693
90$211,682,437$0$0$158,584,119
91$233,100,241$0$0$174,632,434
92$256,697,185$0$0$192,313,668
93$282,695,371$0$0$211,794,253
94$311,339,546$0$0$233,257,592
95$342,899,418$0$0$256,905,792
96$377,672,200$0$0$282,961,570
97$415,985,411$0$0$311,670,356
98$458,199,976$0$0$343,302,609
99$504,713,624$0$0$378,156,372
100$555,964,648$0$0$416,560,080