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%17.6%
1 years$75,147$74,478$73,825$73,187$72,565$70,326
2 years$37,201$36,509$35,837$35,186$34,555$32,319
3 years$24,555$23,859$23,189$22,544$21,923$19,760
4 years$18,232$17,539$16,876$16,242$15,636$13,562
5 years$14,440$13,751$13,096$12,475$11,886$9,908
6 years$11,913$11,228$10,584$9,977$9,405$7,524
7 years$10,108$9,430$8,795$8,202$7,649$5,864
8 years$8,755$8,083$7,459$6,881$6,345$4,656
9 years$7,704$7,038$6,424$5,861$5,344$3,749
10 years$6,863$6,203$5,601$5,052$4,553$3,049
11 years$6,175$5,522$4,931$4,397$3,916$2,501
12 years$5,603$4,957$4,376$3,857$3,393$2,064
13 years$5,119$4,479$3,910$3,405$2,959$1,712
14 years$4,704$4,072$3,513$3,022$2,594$1,427
15 years$4,345$3,719$3,172$2,695$2,284$1,193
16 years$4,032$3,413$2,876$2,413$2,019$1,000
17 years$3,755$3,143$2,617$2,168$1,790$840
18 years$3,510$2,904$2,389$1,954$1,591$707
19 years$3,290$2,692$2,187$1,766$1,418$596
20 years$3,093$2,501$2,007$1,599$1,267$503
21 years$2,915$2,330$1,846$1,451$1,134$425
22 years$2,753$2,175$1,701$1,320$1,016$360
23 years$2,605$2,034$1,571$1,202$912$305
24 years$2,470$1,906$1,453$1,096$820$258
25 years$2,346$1,788$1,346$1,001$738$219
26 years$2,232$1,681$1,248$915$665$186
27 years$2,126$1,582$1,159$838$599$157
28 years$2,028$1,491$1,077$768$541$134
29 years$1,937$1,406$1,003$704$488$113
30 years$1,852$1,328$934$646$441$96
31 years$1,773$1,255$871$593$399$82
32 years$1,699$1,188$812$545$361$70
33 years$1,630$1,125$758$501$326$59
34 years$1,564$1,066$709$461$296$50
35 years$1,503$1,011$662$425$268$43
36 years$1,445$960$620$391$243$36
37 years$1,391$912$580$360$220$31
38 years$1,339$866$543$332$199$26
39 years$1,290$824$509$306$181$22
40 years$1,244$784$477$283$164$19
41 years$1,200$746$447$261$149$16
42 years$1,159$711$420$241$135$14
43 years$1,119$677$394$222$122$12
44 years$1,081$645$370$205$111$10
45 years$1,045$615$347$189$101$8
46 years$1,011$587$326$175$92$7
47 years$978$560$306$162$83$6
48 years$947$535$288$149$76$5
49 years$917$511$270$138$69$4
50 years$888$488$254$128$62$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $910,000, adding $6,954 every year, while hoping to spend $26,583 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: 76/6/18 Blend
29$910,000$910,000$910,000$910,000
30$1,009,993$961,763$947,658$1,082,095
31$1,084,728$980,605$951,120$1,149,584
32$1,166,195$999,480$953,808$1,219,580
33$1,255,053$1,018,360$955,666$1,295,613
34$1,352,027$1,037,218$956,639$1,378,280
35$1,457,914$1,056,022$956,667$1,468,236
36$1,573,592$1,074,738$955,687$1,566,202
37$1,700,030$1,093,332$953,633$1,672,974
38$1,838,291$1,111,763$950,438$1,789,429
39$1,989,547$1,129,990$946,029$1,916,532
40$2,155,090$1,147,969$940,330$2,055,348
41$2,336,341$1,165,651$933,262$2,207,049
42$2,534,864$1,182,984$924,743$2,372,927
43$2,752,384$1,199,913$914,685$2,554,407
44$2,990,797$1,216,380$902,997$2,753,057
45$3,252,196$1,232,320$889,585$2,970,607
46$3,538,882$1,247,665$874,348$3,208,962
47$3,853,391$1,262,344$857,182$3,470,223
48$4,198,516$1,276,278$837,977$3,756,704
49$4,577,335$1,289,386$816,619$4,070,954
50$4,993,236$1,301,579$792,989$4,415,786
51$5,449,954$1,312,764$766,962$4,794,297
52$5,951,599$1,322,840$738,405$5,209,900
53$6,502,704$1,331,700$707,183$5,666,359
54$7,108,259$1,339,233$673,153$6,167,819
55$7,773,762$1,345,316$636,164$6,718,850
56$8,505,270$1,349,821$596,061$7,324,489
57$9,309,459$1,352,613$552,679$7,990,285
58$10,193,679$1,353,546$505,849$8,722,357
59$11,166,030$1,352,467$455,392$9,527,444
60$12,235,439$1,349,211$401,121$10,412,978
61$13,411,737$1,343,606$342,842$11,387,147
62$14,705,759$1,335,467$280,352$12,458,974
63$16,129,440$1,324,599$213,438$13,638,405
64$17,695,934$1,310,795$141,878$14,936,401
65$19,419,730$1,293,835$65,442$16,365,043
66$21,316,797$1,273,487$0$17,937,643
67$23,404,726$1,249,503$0$19,671,971
68$25,702,902$1,221,623$0$21,594,714
69$28,232,686$1,189,571$0$23,711,162
70$31,017,612$1,153,052$0$26,041,007
71$34,083,615$1,111,758$0$28,605,949
72$37,459,269$1,065,360$0$31,429,900
73$41,176,063$1,013,510$0$34,539,209
74$45,268,692$955,843$0$37,962,912
75$49,775,388$891,968$0$41,733,003
76$54,738,279$821,477$0$45,884,740
77$60,203,789$743,934$0$50,456,975
78$66,223,070$658,882$0$55,492,521
79$72,852,490$565,834$0$61,038,555
80$80,154,163$464,278$0$67,147,067
81$88,196,534$353,675$0$73,875,347
82$97,055,026$233,451$0$81,286,527
83$106,812,752$103,003$0$89,450,176
84$117,561,296$0$0$98,442,957
85$129,401,582$0$0$108,351,884
86$142,444,821$0$0$119,275,085
87$156,813,565$0$0$131,308,399
88$172,642,862$0$0$144,564,929
89$190,081,528$0$0$159,169,312
90$209,293,554$0$0$175,258,894
91$230,459,653$0$0$192,985,023
92$253,778,967$0$0$212,514,484
93$279,470,942$0$0$234,031,067
94$307,777,404$0$0$257,737,305
95$338,964,839$0$0$283,856,384
96$373,326,907$0$0$312,634,249
97$411,187,217$0$0$344,341,930
98$452,902,380$0$0$379,278,092
99$498,865,372$0$0$417,771,860
100$549,509,248$0$0$460,185,927