Can I retire at age 30 with 909,000?

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 $909,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$75,064$74,396$73,743$73,107$72,485$71,284
2 years$37,161$36,468$35,798$35,147$34,517$33,310
3 years$24,528$23,833$23,164$22,519$21,899$20,725
4 years$18,212$17,519$16,857$16,224$15,618$14,485
5 years$14,424$13,735$13,082$12,462$11,873$10,784
6 years$11,900$11,216$10,572$9,966$9,395$8,351
7 years$10,097$9,419$8,785$8,193$7,640$6,643
8 years$8,746$8,074$7,451$6,873$6,338$5,387
9 years$7,695$7,030$6,417$5,854$5,338$4,432
10 years$6,855$6,196$5,595$5,047$4,548$3,686
11 years$6,169$5,516$4,926$4,392$3,912$3,093
12 years$5,597$4,951$4,371$3,852$3,390$2,614
13 years$5,113$4,474$3,905$3,401$2,956$2,221
14 years$4,699$4,067$3,509$3,019$2,591$1,897
15 years$4,341$3,715$3,168$2,692$2,281$1,626
16 years$4,027$3,409$2,872$2,411$2,016$1,398
17 years$3,751$3,139$2,614$2,166$1,788$1,206
18 years$3,506$2,901$2,386$1,952$1,590$1,042
19 years$3,286$2,689$2,184$1,764$1,417$903
20 years$3,089$2,498$2,005$1,598$1,266$783
21 years$2,911$2,327$1,844$1,450$1,133$680
22 years$2,750$2,172$1,699$1,318$1,015$592
23 years$2,602$2,032$1,569$1,201$911$515
24 years$2,467$1,904$1,451$1,095$819$449
25 years$2,344$1,786$1,344$1,000$737$392
26 years$2,229$1,679$1,247$914$664$342
27 years$2,124$1,580$1,158$837$599$299
28 years$2,026$1,489$1,076$767$540$261
29 years$1,935$1,405$1,001$703$488$228
30 years$1,850$1,326$933$645$441$200
31 years$1,771$1,254$870$593$398$175
32 years$1,697$1,187$811$545$360$153
33 years$1,628$1,124$758$501$326$134
34 years$1,563$1,065$708$461$295$117
35 years$1,501$1,010$662$424$267$103
36 years$1,444$959$619$391$242$90
37 years$1,389$911$579$360$220$79
38 years$1,338$865$543$332$199$69
39 years$1,289$823$508$306$181$61
40 years$1,243$783$476$282$164$53
41 years$1,199$745$447$260$149$47
42 years$1,157$710$419$240$135$41
43 years$1,118$676$393$222$122$36
44 years$1,080$645$369$205$111$31
45 years$1,044$615$347$189$101$28
46 years$1,010$586$326$175$92$24
47 years$977$560$306$161$83$21
48 years$946$534$287$149$75$19
49 years$916$510$270$138$69$16
50 years$888$487$254$127$62$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $909,000, adding $5,945 every year, while hoping to spend $24,090 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: 75/10/15 Blend
29$909,000$909,000$909,000$909,000
30$1,007,850$959,673$945,584$1,079,717
31$1,085,019$981,066$951,629$1,149,424
32$1,169,252$1,002,699$957,070$1,222,225
33$1,261,244$1,024,559$961,860$1,301,364
34$1,361,760$1,046,632$965,951$1,387,465
35$1,471,643$1,068,900$969,294$1,481,213
36$1,591,820$1,091,345$971,834$1,583,366
37$1,723,311$1,113,947$973,517$1,694,758
38$1,867,243$1,136,684$974,283$1,816,305
39$2,024,852$1,159,532$974,072$1,949,020
40$2,197,503$1,182,465$972,819$2,094,016
41$2,386,696$1,205,454$970,457$2,252,522
42$2,594,087$1,228,469$966,915$2,425,891
43$2,821,495$1,251,475$962,118$2,615,612
44$3,070,928$1,274,438$955,989$2,823,328
45$3,344,595$1,297,317$948,447$3,050,849
46$3,644,929$1,320,071$939,405$3,300,168
47$3,974,612$1,342,655$928,775$3,573,483
48$4,336,596$1,365,019$916,463$3,873,215
49$4,734,134$1,387,110$902,371$4,202,031
50$5,170,811$1,408,874$886,395$4,562,873
51$5,650,573$1,430,248$868,428$4,958,979
52$6,177,769$1,451,168$848,359$5,393,919
53$6,757,191$1,471,565$826,068$5,871,630
54$7,394,117$1,491,364$801,434$6,396,444
55$8,094,361$1,510,485$774,326$6,973,142
56$8,864,331$1,528,843$744,611$7,606,988
57$9,711,084$1,546,348$712,147$8,303,785
58$10,642,398$1,562,902$676,787$9,069,927
59$11,666,840$1,578,403$638,377$9,912,461
60$12,793,852$1,592,738$596,757$10,839,154
61$14,033,834$1,605,791$551,757$11,858,564
62$15,398,247$1,617,437$503,203$12,980,123
63$16,899,718$1,627,542$450,910$14,214,225
64$18,552,162$1,635,963$394,688$15,572,325
65$20,370,907$1,642,551$334,335$17,067,047
66$22,372,847$1,647,143$269,643$18,712,304
67$24,576,595$1,649,570$200,393$20,523,427
68$27,002,658$1,649,650$126,357$22,517,313
69$29,673,637$1,647,191$47,298$24,712,582
70$32,614,432$1,641,987$0$27,129,756
71$35,852,481$1,633,822$0$29,797,384
72$39,418,020$1,622,465$0$32,742,919
73$43,344,364$1,607,672$0$35,986,293
74$47,668,226$1,589,183$0$39,557,821
75$52,430,057$1,566,726$0$43,490,909
76$57,674,434$1,540,007$0$47,822,367
77$63,450,479$1,508,719$0$52,592,762
78$69,812,317$1,472,536$0$57,846,795
79$76,819,594$1,431,111$0$63,633,726
80$84,538,036$1,384,079$0$70,007,839
81$93,040,068$1,331,051$0$77,028,953
82$102,405,501$1,271,619$0$84,762,988
83$112,722,282$1,205,347$0$93,282,586
84$124,087,324$1,131,779$0$102,667,798
85$136,607,422$1,050,427$0$113,006,839
86$150,400,261$960,780$0$124,396,921
87$165,595,524$862,295$0$136,945,169
88$182,336,119$754,398$0$150,769,638
89$200,779,524$636,485$0$166,000,420
90$221,099,279$507,916$0$182,780,875
91$243,486,616$368,015$0$201,268,988
92$268,152,270$216,067$0$221,638,856
93$295,328,467$51,320$0$244,082,334
94$325,271,113$0$0$268,810,844
95$358,262,212$0$0$296,071,351
96$394,612,527$0$0$326,113,867
97$434,664,512$0$0$359,215,781
98$478,795,547$0$0$395,688,996
99$527,421,498$0$0$435,877,226
100$581,000,643$0$0$480,159,235