Can I retire at age 30 with 909,000?

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 $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%15.1%
1 years$75,064$74,396$73,743$73,107$72,485$70,963
2 years$37,161$36,468$35,798$35,147$34,517$32,991
3 years$24,528$23,833$23,164$22,519$21,899$20,416
4 years$18,212$17,519$16,857$16,224$15,618$14,191
5 years$14,424$13,735$13,082$12,462$11,873$10,504
6 years$11,900$11,216$10,572$9,966$9,395$8,086
7 years$10,097$9,419$8,785$8,193$7,640$6,393
8 years$8,746$8,074$7,451$6,873$6,338$5,151
9 years$7,695$7,030$6,417$5,854$5,338$4,210
10 years$6,855$6,196$5,595$5,047$4,548$3,478
11 years$6,169$5,516$4,926$4,392$3,912$2,898
12 years$5,597$4,951$4,371$3,852$3,390$2,432
13 years$5,113$4,474$3,905$3,401$2,956$2,052
14 years$4,699$4,067$3,509$3,019$2,591$1,739
15 years$4,341$3,715$3,168$2,692$2,281$1,479
16 years$4,027$3,409$2,872$2,411$2,016$1,262
17 years$3,751$3,139$2,614$2,166$1,788$1,080
18 years$3,506$2,901$2,386$1,952$1,590$926
19 years$3,286$2,689$2,184$1,764$1,417$796
20 years$3,089$2,498$2,005$1,598$1,266$685
21 years$2,911$2,327$1,844$1,450$1,133$590
22 years$2,750$2,172$1,699$1,318$1,015$509
23 years$2,602$2,032$1,569$1,201$911$439
24 years$2,467$1,904$1,451$1,095$819$380
25 years$2,344$1,786$1,344$1,000$737$328
26 years$2,229$1,679$1,247$914$664$284
27 years$2,124$1,580$1,158$837$599$246
28 years$2,026$1,489$1,076$767$540$213
29 years$1,935$1,405$1,001$703$488$185
30 years$1,850$1,326$933$645$441$160
31 years$1,771$1,254$870$593$398$139
32 years$1,697$1,187$811$545$360$120
33 years$1,628$1,124$758$501$326$104
34 years$1,563$1,065$708$461$295$91
35 years$1,501$1,010$662$424$267$79
36 years$1,444$959$619$391$242$68
37 years$1,389$911$579$360$220$59
38 years$1,338$865$543$332$199$51
39 years$1,289$823$508$306$181$45
40 years$1,243$783$476$282$164$39
41 years$1,199$745$447$260$149$34
42 years$1,157$710$419$240$135$29
43 years$1,118$676$393$222$122$25
44 years$1,080$645$369$205$111$22
45 years$1,044$615$347$189$101$19
46 years$1,010$586$326$175$92$17
47 years$977$560$306$161$83$14
48 years$946$534$287$149$75$13
49 years$916$510$270$138$69$11
50 years$888$487$254$127$62$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $909,000, adding $5,298 every year, while hoping to spend $42,563 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: 31/39/30 Blend
29$909,000$909,000$909,000$909,000
30$1,007,183$959,006$944,916$1,029,052
31$1,064,629$960,710$931,284$1,048,232
32$1,126,508$961,072$915,769$1,064,795
33$1,193,227$959,980$898,263$1,081,803
34$1,265,233$957,316$878,652$1,099,324
35$1,343,019$952,957$856,819$1,117,439
36$1,427,124$946,769$832,639$1,136,241
37$1,518,142$938,611$805,984$1,155,834
38$1,616,725$928,336$776,717$1,176,338
39$1,723,591$915,785$744,697$1,197,891
40$1,839,530$900,790$709,777$1,220,648
41$1,965,408$883,175$671,800$1,244,784
42$2,102,181$862,752$630,607$1,270,499
43$2,250,898$839,322$586,027$1,298,018
44$2,412,714$812,673$537,883$1,327,594
45$2,588,901$782,584$485,992$1,359,514
46$2,780,856$748,818$430,161$1,394,100
47$2,990,120$711,127$370,187$1,431,711
48$3,218,385$669,245$305,862$1,472,756
49$3,467,517$622,894$236,964$1,517,686
50$3,739,567$571,779$163,266$1,567,014
51$4,036,794$515,588$84,527$1,621,308
52$4,361,686$453,991$498$1,681,205
53$4,716,981$386,639$0$1,747,419
54$5,105,694$313,165$0$1,849,289
55$5,531,144$233,180$0$1,961,182
56$5,996,987$146,272$0$2,084,020
57$6,507,249$52,008$0$2,219,000
58$7,066,362$0$0$2,367,447
59$7,679,209$0$0$2,552,318
60$8,351,167$0$0$2,779,634
61$9,088,158$0$0$3,029,096
62$9,896,706$0$0$3,302,931
63$10,783,993$0$0$3,603,590
64$11,757,936$0$0$3,933,774
65$12,827,251$0$0$4,296,460
66$14,001,542$0$0$4,694,925
67$15,291,386$0$0$5,132,781
68$16,708,437$0$0$5,614,005
69$18,265,534$0$0$6,142,982
70$19,976,819$0$0$6,724,539
71$21,857,873$0$0$7,363,997
72$23,925,862$0$0$8,067,216
73$26,199,699$0$0$8,840,654
74$28,700,219$0$0$9,691,427
75$31,450,379$0$0$10,627,372
76$34,475,471$0$0$11,657,128
77$37,803,364$0$0$12,790,211
78$41,464,760$0$0$14,037,105
79$45,493,490$0$0$15,409,365
80$49,926,829$0$0$16,919,721
81$54,805,849$0$0$18,582,199
82$60,175,803$0$0$20,412,254
83$66,086,554$0$0$22,426,918
84$72,593,046$0$0$24,644,954
85$79,755,819$0$0$27,087,040
86$87,641,580$0$0$29,775,961
87$96,323,835$0$0$32,736,822
88$105,883,579$0$0$35,997,288
89$116,410,059$0$0$39,587,843
90$128,001,622$0$0$43,542,077
91$140,766,632$0$0$47,897,006
92$154,824,501$0$0$52,693,417
93$170,306,814$0$0$57,976,256
94$187,358,563$0$0$63,795,050
95$206,139,526$0$0$70,204,376
96$226,825,764$0$0$77,264,372
97$249,611,288$0$0$85,041,312
98$274,709,889$0$0$93,608,223
99$302,357,152$0$0$103,045,579
100$332,812,682$0$0$113,442,058