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%15.5%
1 years$75,147$74,478$73,825$73,187$72,565$70,926
2 years$37,201$36,509$35,837$35,186$34,555$32,912
3 years$24,555$23,859$23,189$22,544$21,923$20,328
4 years$18,232$17,539$16,876$16,242$15,636$14,101
5 years$14,440$13,751$13,096$12,475$11,886$10,416
6 years$11,913$11,228$10,584$9,977$9,405$8,001
7 years$10,108$9,430$8,795$8,202$7,649$6,311
8 years$8,755$8,083$7,459$6,881$6,345$5,073
9 years$7,704$7,038$6,424$5,861$5,344$4,136
10 years$6,863$6,203$5,601$5,052$4,553$3,409
11 years$6,175$5,522$4,931$4,397$3,916$2,834
12 years$5,603$4,957$4,376$3,857$3,393$2,371
13 years$5,119$4,479$3,910$3,405$2,959$1,995
14 years$4,704$4,072$3,513$3,022$2,594$1,686
15 years$4,345$3,719$3,172$2,695$2,284$1,431
16 years$4,032$3,413$2,876$2,413$2,019$1,217
17 years$3,755$3,143$2,617$2,168$1,790$1,039
18 years$3,510$2,904$2,389$1,954$1,591$888
19 years$3,290$2,692$2,187$1,766$1,418$761
20 years$3,093$2,501$2,007$1,599$1,267$652
21 years$2,915$2,330$1,846$1,451$1,134$560
22 years$2,753$2,175$1,701$1,320$1,016$482
23 years$2,605$2,034$1,571$1,202$912$415
24 years$2,470$1,906$1,453$1,096$820$357
25 years$2,346$1,788$1,346$1,001$738$308
26 years$2,232$1,681$1,248$915$665$266
27 years$2,126$1,582$1,159$838$599$229
28 years$2,028$1,491$1,077$768$541$198
29 years$1,937$1,406$1,003$704$488$171
30 years$1,852$1,328$934$646$441$148
31 years$1,773$1,255$871$593$399$128
32 years$1,699$1,188$812$545$361$110
33 years$1,630$1,125$758$501$326$95
34 years$1,564$1,066$709$461$296$83
35 years$1,503$1,011$662$425$268$71
36 years$1,445$960$620$391$243$62
37 years$1,391$912$580$360$220$53
38 years$1,339$866$543$332$199$46
39 years$1,290$824$509$306$181$40
40 years$1,244$784$477$283$164$35
41 years$1,200$746$447$261$149$30
42 years$1,159$711$420$241$135$26
43 years$1,119$677$394$222$122$22
44 years$1,081$645$370$205$111$19
45 years$1,045$615$347$189$101$17
46 years$1,011$587$326$175$92$15
47 years$978$560$306$162$83$13
48 years$947$535$288$149$76$11
49 years$917$511$270$138$69$9
50 years$888$488$254$128$62$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $910,000, adding $6,638 every year, while hoping to spend $33,933 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: 43/42/15 Blend
29$910,000$910,000$910,000$910,000
30$1,009,667$961,437$947,332$1,048,415
31$1,076,549$972,443$942,963$1,087,263
32$1,149,115$982,851$937,311$1,125,438
33$1,227,910$992,596$930,296$1,166,063
34$1,313,532$1,001,608$921,836$1,209,379
35$1,406,639$1,009,814$911,844$1,255,652
36$1,507,955$1,017,134$900,230$1,305,176
37$1,618,278$1,023,485$886,899$1,358,277
38$1,738,484$1,028,777$871,752$1,415,316
39$1,869,538$1,032,916$854,684$1,476,693
40$2,012,501$1,035,799$835,587$1,542,849
41$2,168,544$1,037,321$814,346$1,614,273
42$2,338,952$1,037,366$790,844$1,691,507
43$2,525,142$1,035,814$764,954$1,775,148
44$2,728,673$1,032,536$736,546$1,865,860
45$2,951,262$1,027,395$705,485$1,964,374
46$3,194,800$1,020,246$671,628$2,071,501
47$3,461,368$1,010,936$634,826$2,188,136
48$3,753,258$999,302$594,923$2,315,268
49$4,072,993$985,171$551,756$2,453,994
50$4,423,354$968,361$505,155$2,605,524
51$4,807,402$948,676$454,944$2,771,194
52$5,228,508$925,912$400,935$2,952,484
53$5,690,385$899,851$342,936$3,151,028
54$6,197,124$870,263$280,744$3,368,630
55$6,753,229$836,904$214,147$3,607,286
56$7,363,663$799,517$142,926$3,869,199
57$8,033,891$757,828$66,849$4,156,804
58$8,769,936$711,550$0$4,472,790
59$9,578,430$660,376$0$4,822,421
60$10,466,679$603,984$0$5,218,251
61$11,442,735$542,034$0$5,653,231
62$12,515,465$474,164$0$6,131,406
63$13,694,638$399,994$0$6,657,237
64$14,991,019$319,122$0$7,235,647
65$16,416,466$231,122$0$7,872,067
66$17,984,044$135,545$0$8,572,491
67$19,708,148$31,918$0$9,343,531
68$21,604,637$0$0$10,192,480
69$23,690,984$0$0$11,164,480
70$25,986,444$0$0$12,250,262
71$28,512,228$0$0$13,445,125
72$31,291,710$0$0$14,760,141
73$34,350,643$0$0$16,207,513
74$37,717,403$0$0$17,800,684
75$41,423,257$0$0$19,554,470
76$45,502,656$0$0$21,485,192
77$49,993,563$0$0$23,610,837
78$54,937,805$0$0$25,951,223
79$60,381,475$0$0$28,528,190
80$66,375,359$0$0$31,365,801
81$72,975,421$0$0$34,490,571
82$80,243,327$0$0$37,931,720
83$88,247,029$0$0$41,721,444
84$97,061,403$0$0$45,895,221
85$106,768,958$0$0$50,492,147
86$117,460,613$0$0$55,555,301
87$129,236,556$0$0$61,132,155
88$142,207,187$0$0$67,275,020
89$156,494,159$0$0$74,041,539
90$172,231,531$0$0$81,495,235
91$189,567,026$0$0$89,706,103
92$208,663,430$0$0$98,751,278
93$229,700,125$0$0$108,715,758
94$252,874,782$0$0$119,693,208
95$278,405,231$0$0$131,786,844
96$306,531,507$0$0$145,110,406
97$337,518,125$0$0$159,789,233
98$371,656,572$0$0$175,961,443
99$409,268,054$0$0$193,779,240
100$450,706,538$0$0$213,410,350