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%12.7%
1 years$75,064$74,396$73,743$73,107$72,485$71,668
2 years$37,161$36,468$35,798$35,147$34,517$33,695
3 years$24,528$23,833$23,164$22,519$21,899$21,097
4 years$18,212$17,519$16,857$16,224$15,618$14,843
5 years$14,424$13,735$13,082$12,462$11,873$11,126
6 years$11,900$11,216$10,572$9,966$9,395$8,677
7 years$10,097$9,419$8,785$8,193$7,640$6,952
8 years$8,746$8,074$7,451$6,873$6,338$5,680
9 years$7,695$7,030$6,417$5,854$5,338$4,709
10 years$6,855$6,196$5,595$5,047$4,548$3,948
11 years$6,169$5,516$4,926$4,392$3,912$3,340
12 years$5,597$4,951$4,371$3,852$3,390$2,846
13 years$5,113$4,474$3,905$3,401$2,956$2,439
14 years$4,699$4,067$3,509$3,019$2,591$2,101
15 years$4,341$3,715$3,168$2,692$2,281$1,817
16 years$4,027$3,409$2,872$2,411$2,016$1,577
17 years$3,751$3,139$2,614$2,166$1,788$1,372
18 years$3,506$2,901$2,386$1,952$1,590$1,197
19 years$3,286$2,689$2,184$1,764$1,417$1,047
20 years$3,089$2,498$2,005$1,598$1,266$917
21 years$2,911$2,327$1,844$1,450$1,133$804
22 years$2,750$2,172$1,699$1,318$1,015$707
23 years$2,602$2,032$1,569$1,201$911$622
24 years$2,467$1,904$1,451$1,095$819$547
25 years$2,344$1,786$1,344$1,000$737$482
26 years$2,229$1,679$1,247$914$664$426
27 years$2,124$1,580$1,158$837$599$376
28 years$2,026$1,489$1,076$767$540$332
29 years$1,935$1,405$1,001$703$488$293
30 years$1,850$1,326$933$645$441$259
31 years$1,771$1,254$870$593$398$229
32 years$1,697$1,187$811$545$360$203
33 years$1,628$1,124$758$501$326$180
34 years$1,563$1,065$708$461$295$159
35 years$1,501$1,010$662$424$267$141
36 years$1,444$959$619$391$242$125
37 years$1,389$911$579$360$220$110
38 years$1,338$865$543$332$199$98
39 years$1,289$823$508$306$181$87
40 years$1,243$783$476$282$164$77
41 years$1,199$745$447$260$149$68
42 years$1,157$710$419$240$135$60
43 years$1,118$676$393$222$122$54
44 years$1,080$645$369$205$111$48
45 years$1,044$615$347$189$101$42
46 years$1,010$586$326$175$92$37
47 years$977$560$306$161$83$33
48 years$946$534$287$149$75$29
49 years$916$510$270$138$69$26
50 years$888$487$254$127$62$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $909,000, adding $3,595 every year, while hoping to spend $33,781 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: 38/34/28 Blend
29$909,000$909,000$909,000$909,000
30$1,005,426$957,249$943,160$1,035,136
31$1,072,037$968,212$938,813$1,068,251
32$1,144,310$978,579$933,188$1,100,660
33$1,222,787$988,287$926,207$1,135,040
34$1,308,063$997,265$917,788$1,171,595
35$1,400,796$1,005,441$907,844$1,210,547
36$1,501,705$1,012,736$896,285$1,252,143
37$1,611,585$1,019,066$883,016$1,296,660
38$1,731,310$1,024,343$867,940$1,344,404
39$1,861,839$1,028,472$850,951$1,395,712
40$2,004,231$1,031,351$831,943$1,450,960
41$2,159,650$1,032,875$810,801$1,510,566
42$2,329,379$1,032,930$787,407$1,574,991
43$2,514,827$1,031,395$761,636$1,644,748
44$2,717,548$1,028,143$733,360$1,720,403
45$2,939,252$1,023,036$702,442$1,802,586
46$3,181,823$1,015,931$668,740$1,891,991
47$3,447,333$1,006,676$632,107$1,989,391
48$3,738,065$995,107$592,387$2,095,638
49$4,056,533$981,053$549,417$2,211,677
50$4,405,507$964,332$503,030$2,338,554
51$4,788,035$944,751$453,048$2,477,426
52$5,207,475$922,104$399,286$2,629,573
53$5,667,527$896,177$341,552$2,796,410
54$6,172,264$866,739$279,643$2,979,505
55$6,726,174$833,548$213,350$3,180,588
56$7,334,200$796,348$142,453$3,401,575
57$8,001,785$754,866$66,722$3,644,583
58$8,734,929$708,816$0$3,911,951
59$9,540,237$657,893$0$4,210,478
60$10,424,989$601,778$0$4,560,356
61$11,397,202$540,129$0$4,944,868
62$12,465,710$472,589$0$5,367,583
63$13,640,245$398,779$0$5,832,440
64$14,931,528$318,297$0$6,343,787
65$16,351,371$230,721$0$6,906,418
66$17,912,788$135,603$0$7,525,623
67$19,630,118$32,473$0$8,207,237
68$21,519,157$0$0$8,957,696
69$23,597,311$0$0$9,813,721
70$25,883,758$0$0$10,769,055
71$28,399,628$0$0$11,820,395
72$31,168,201$0$0$12,977,487
73$34,215,131$0$0$14,251,073
74$37,568,682$0$0$15,652,985
75$41,260,000$0$0$17,196,264
76$45,323,400$0$0$18,895,278
77$49,796,696$0$0$20,765,858
78$54,721,553$0$0$22,825,450
79$60,143,881$0$0$25,093,278
80$66,114,270$0$0$27,590,522
81$72,688,464$0$0$30,340,523
82$79,927,887$0$0$33,369,001
83$87,900,225$0$0$36,704,297
84$96,680,062$0$0$40,377,640
85$106,349,583$0$0$44,423,444
86$116,999,353$0$0$48,879,629
87$128,729,166$0$0$53,787,982
88$141,648,990$0$0$59,194,550
89$155,880,004$0$0$65,150,075
90$171,555,740$0$0$71,710,469
91$188,823,344$0$0$78,937,350
92$207,844,964$0$0$86,898,613
93$228,799,282$0$0$95,669,078
94$251,883,195$0$0$105,331,196
95$277,313,678$0$0$115,975,822
96$305,329,831$0$0$127,703,076
97$336,195,130$0$0$140,623,289
98$370,199,923$0$0$154,858,039
99$407,664,160$0$0$170,541,307
100$448,940,421$0$0$187,820,731