Can I retire at age 30 with 910,000?

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 $910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$75,147$74,478$73,825$73,187$72,565$72,138
2 years$37,201$36,509$35,837$35,186$34,555$34,124
3 years$24,555$23,859$23,189$22,544$21,923$21,502
4 years$18,232$17,539$16,876$16,242$15,636$15,227
5 years$14,440$13,751$13,096$12,475$11,886$11,491
6 years$11,913$11,228$10,584$9,977$9,405$9,025
7 years$10,108$9,430$8,795$8,202$7,649$7,283
8 years$8,755$8,083$7,459$6,881$6,345$5,995
9 years$7,704$7,038$6,424$5,861$5,344$5,008
10 years$6,863$6,203$5,601$5,052$4,553$4,232
11 years$6,175$5,522$4,931$4,397$3,916$3,609
12 years$5,603$4,957$4,376$3,857$3,393$3,100
13 years$5,119$4,479$3,910$3,405$2,959$2,679
14 years$4,704$4,072$3,513$3,022$2,594$2,328
15 years$4,345$3,719$3,172$2,695$2,284$2,031
16 years$4,032$3,413$2,876$2,413$2,019$1,778
17 years$3,755$3,143$2,617$2,168$1,790$1,561
18 years$3,510$2,904$2,389$1,954$1,591$1,375
19 years$3,290$2,692$2,187$1,766$1,418$1,213
20 years$3,093$2,501$2,007$1,599$1,267$1,073
21 years$2,915$2,330$1,846$1,451$1,134$951
22 years$2,753$2,175$1,701$1,320$1,016$843
23 years$2,605$2,034$1,571$1,202$912$749
24 years$2,470$1,906$1,453$1,096$820$666
25 years$2,346$1,788$1,346$1,001$738$593
26 years$2,232$1,681$1,248$915$665$529
27 years$2,126$1,582$1,159$838$599$471
28 years$2,028$1,491$1,077$768$541$421
29 years$1,937$1,406$1,003$704$488$376
30 years$1,852$1,328$934$646$441$336
31 years$1,773$1,255$871$593$399$300
32 years$1,699$1,188$812$545$361$268
33 years$1,630$1,125$758$501$326$240
34 years$1,564$1,066$709$461$296$215
35 years$1,503$1,011$662$425$268$192
36 years$1,445$960$620$391$243$172
37 years$1,391$912$580$360$220$154
38 years$1,339$866$543$332$199$138
39 years$1,290$824$509$306$181$124
40 years$1,244$784$477$283$164$111
41 years$1,200$746$447$261$149$100
42 years$1,159$711$420$241$135$89
43 years$1,119$677$394$222$122$80
44 years$1,081$645$370$205$111$72
45 years$1,045$615$347$189$101$64
46 years$1,011$587$326$175$92$58
47 years$978$560$306$162$83$52
48 years$947$535$288$149$76$46
49 years$917$511$270$138$69$42
50 years$888$488$254$128$62$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $910,000, adding $3,720 every year, while hoping to spend $29,717 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: 40/40/20 Blend
29$910,000$910,000$910,000$910,000
30$1,006,657$958,427$944,322$1,040,824
31$1,077,718$973,771$944,338$1,080,969
32$1,155,030$988,872$943,359$1,121,249
33$1,239,201$1,003,684$941,320$1,164,214
34$1,330,898$1,018,163$938,152$1,210,126
35$1,430,855$1,032,258$933,785$1,259,272
36$1,539,880$1,045,917$928,145$1,311,970
37$1,658,862$1,059,081$921,152$1,368,574
38$1,788,781$1,071,691$912,726$1,429,472
39$1,930,714$1,083,681$902,779$1,495,095
40$2,085,847$1,094,982$891,223$1,565,917
41$2,255,488$1,105,521$877,964$1,642,464
42$2,441,074$1,115,218$862,901$1,725,317
43$2,644,189$1,123,988$845,934$1,815,117
44$2,866,576$1,131,744$826,953$1,912,573
45$3,110,156$1,138,389$805,845$2,018,468
46$3,377,044$1,143,822$782,493$2,133,669
47$3,669,569$1,147,935$756,773$2,259,129
48$3,990,295$1,150,614$728,555$2,395,907
49$4,342,048$1,151,737$697,704$2,545,167
50$4,727,939$1,151,174$664,079$2,708,198
51$5,151,395$1,148,789$627,533$2,886,423
52$5,616,192$1,144,434$587,910$3,081,412
53$6,126,488$1,137,956$545,049$3,294,901
54$6,686,864$1,129,189$498,782$3,528,805
55$7,302,365$1,117,961$448,932$3,785,239
56$7,978,551$1,104,086$395,316$4,066,538
57$8,721,546$1,087,368$337,741$4,375,280
58$9,538,095$1,067,600$276,007$4,714,309
59$10,435,631$1,044,563$209,904$5,086,767
60$11,422,342$1,018,023$139,212$5,496,121
61$12,507,249$987,735$63,704$5,946,196
62$13,700,291$953,437$0$6,441,215
63$15,012,419$914,853$0$6,989,438
64$16,455,697$871,692$0$7,607,150
65$18,043,417$823,644$0$8,286,469
66$19,790,226$770,383$0$9,033,715
67$21,712,261$711,563$0$9,855,856
68$23,827,301$646,820$0$10,760,574
69$26,154,937$575,766$0$11,756,344
70$28,716,756$497,993$0$12,852,509
71$31,536,542$413,072$0$14,059,371
72$34,640,502$320,545$0$15,388,292
73$38,057,514$219,933$0$16,851,798
74$41,819,398$110,726$0$18,463,702
75$45,961,214$0$0$20,239,232
76$50,521,596$0$0$22,198,531
77$55,543,117$0$0$24,409,769
78$61,072,684$0$0$26,844,883
79$67,161,988$0$0$29,526,655
80$73,867,989$0$0$32,480,192
81$81,253,448$0$0$35,733,157
82$89,387,529$0$0$39,316,034
83$98,346,442$0$0$43,262,414
84$108,214,169$0$0$47,609,314
85$119,083,249$0$0$52,397,523
86$131,055,659$0$0$57,671,989
87$144,243,772$0$0$63,482,242
88$158,771,416$0$0$69,882,865
89$174,775,045$0$0$76,934,002
90$192,405,026$0$0$84,701,932
91$211,827,058$0$0$93,259,692
92$233,223,733$0$0$102,687,766
93$256,796,264$0$0$113,074,844
94$282,766,380$0$0$124,518,661
95$311,378,421$0$0$137,126,919
96$342,901,640$0$0$151,018,300
97$377,632,750$0$0$166,323,592
98$415,898,720$0$0$183,186,919
99$458,059,864$0$0$201,767,102
100$504,513,237$0$0$222,239,160