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%19.5%
1 years$75,064$74,396$73,743$73,107$72,485$69,719
2 years$37,161$36,468$35,798$35,147$34,517$31,763
3 years$24,528$23,833$23,164$22,519$21,899$19,243
4 years$18,212$17,519$16,857$16,224$15,618$13,082
5 years$14,424$13,735$13,082$12,462$11,873$9,461
6 years$11,900$11,216$10,572$9,966$9,395$7,110
7 years$10,097$9,419$8,785$8,193$7,640$5,482
8 years$8,746$8,074$7,451$6,873$6,338$4,304
9 years$7,695$7,030$6,417$5,854$5,338$3,425
10 years$6,855$6,196$5,595$5,047$4,548$2,753
11 years$6,169$5,516$4,926$4,392$3,912$2,230
12 years$5,597$4,951$4,371$3,852$3,390$1,817
13 years$5,113$4,474$3,905$3,401$2,956$1,488
14 years$4,699$4,067$3,509$3,019$2,591$1,224
15 years$4,341$3,715$3,168$2,692$2,281$1,009
16 years$4,027$3,409$2,872$2,411$2,016$834
17 years$3,751$3,139$2,614$2,166$1,788$691
18 years$3,506$2,901$2,386$1,952$1,590$574
19 years$3,286$2,689$2,184$1,764$1,417$477
20 years$3,089$2,498$2,005$1,598$1,266$397
21 years$2,911$2,327$1,844$1,450$1,133$330
22 years$2,750$2,172$1,699$1,318$1,015$275
23 years$2,602$2,032$1,569$1,201$911$230
24 years$2,467$1,904$1,451$1,095$819$192
25 years$2,344$1,786$1,344$1,000$737$160
26 years$2,229$1,679$1,247$914$664$134
27 years$2,124$1,580$1,158$837$599$112
28 years$2,026$1,489$1,076$767$540$93
29 years$1,935$1,405$1,001$703$488$78
30 years$1,850$1,326$933$645$441$65
31 years$1,771$1,254$870$593$398$55
32 years$1,697$1,187$811$545$360$46
33 years$1,628$1,124$758$501$326$38
34 years$1,563$1,065$708$461$295$32
35 years$1,501$1,010$662$424$267$27
36 years$1,444$959$619$391$242$22
37 years$1,389$911$579$360$220$19
38 years$1,338$865$543$332$199$16
39 years$1,289$823$508$306$181$13
40 years$1,243$783$476$282$164$11
41 years$1,199$745$447$260$149$9
42 years$1,157$710$419$240$135$8
43 years$1,118$676$393$222$122$6
44 years$1,080$645$369$205$111$5
45 years$1,044$615$347$189$101$4
46 years$1,010$586$326$175$92$4
47 years$977$560$306$161$83$3
48 years$946$534$287$149$75$3
49 years$916$510$270$138$69$2
50 years$888$487$254$127$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $909,000, adding $6,355 every year, while hoping to spend $27,755 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: 58/19/23 Blend
29$909,000$909,000$909,000$909,000
30$1,008,273$960,096$946,007$1,060,176
31$1,081,586$977,610$948,167$1,113,787
32$1,161,446$995,051$949,469$1,168,688
33$1,248,493$1,012,388$949,855$1,227,945
34$1,343,429$1,029,584$949,265$1,291,986
35$1,447,027$1,046,602$947,634$1,361,284
36$1,560,139$1,063,401$944,895$1,436,358
37$1,683,702$1,079,937$940,978$1,517,782
38$1,818,748$1,096,163$935,809$1,606,189
39$1,966,414$1,112,027$929,312$1,702,276
40$2,127,948$1,127,477$921,404$1,806,813
41$2,304,730$1,142,455$912,002$1,920,649
42$2,498,275$1,156,897$901,017$2,044,719
43$2,710,253$1,170,739$888,355$2,180,055
44$2,942,503$1,183,910$873,919$2,327,797
45$3,197,051$1,196,334$857,607$2,489,198
46$3,476,126$1,207,930$839,313$2,665,644
47$3,782,186$1,218,614$818,925$2,858,661
48$4,117,936$1,228,293$796,326$3,069,933
49$4,486,356$1,236,870$771,394$3,301,315
50$4,890,729$1,244,242$744,001$3,554,856
51$5,334,672$1,250,298$714,013$3,832,813
52$5,822,167$1,254,921$681,292$4,137,676
53$6,357,603$1,257,987$645,689$4,472,189
54$6,945,813$1,259,362$607,054$4,839,380
55$7,592,121$1,258,907$565,226$5,242,585
56$8,302,395$1,256,471$520,038$5,685,486
57$9,083,097$1,251,895$471,317$6,172,140
58$9,941,347$1,245,012$418,881$6,707,022
59$10,884,989$1,235,643$362,538$7,295,064
60$11,922,666$1,223,598$302,091$7,941,705
61$13,063,900$1,208,675$237,333$8,652,943
62$14,319,181$1,190,663$168,047$9,435,388
63$15,700,067$1,169,336$94,006$10,296,330
64$17,219,294$1,144,454$14,976$11,243,805
65$18,890,894$1,115,764$0$12,286,673
66$20,730,327$1,082,997$0$13,451,724
67$22,754,627$1,045,872$0$14,737,731
68$24,982,565$1,004,085$0$16,152,953
69$27,434,822$957,321$0$17,710,543
70$30,134,187$905,242$0$19,425,001
71$33,105,768$847,494$0$21,312,304
72$36,377,235$783,699$0$23,390,060
73$39,979,073$713,461$0$25,677,676
74$43,944,877$636,359$0$28,196,539
75$48,311,663$551,949$0$30,970,220
76$53,120,220$459,762$0$34,024,695
77$58,415,494$359,302$0$37,388,593
78$64,247,012$250,045$0$41,093,465
79$70,669,348$131,439$0$45,174,080
80$77,742,641$2,898$0$49,668,761
81$85,533,158$0$0$54,619,738
82$94,113,921$0$0$60,102,031
83$103,565,399$0$0$66,141,405
84$113,976,261$0$0$72,793,927
85$125,444,217$0$0$80,122,049
86$138,076,939$0$0$88,194,588
87$151,993,078$0$0$97,087,379
88$167,323,380$0$0$106,883,989
89$184,211,923$0$0$117,676,504
90$202,817,477$0$0$129,566,402
91$223,315,000$0$0$142,665,506
92$245,897,289$0$0$157,097,044
93$270,776,803$0$0$172,996,808
94$298,187,664$0$0$190,514,438
95$328,387,869$0$0$209,814,833
96$361,661,725$0$0$231,079,707
97$398,322,529$0$0$254,509,307
98$438,715,533$0$0$280,324,300
99$483,221,192$0$0$308,767,855
100$532,258,763$0$0$340,107,944