Can I retire at age 30 with 911,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $911,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$75,230$74,559$73,906$73,268$72,644$72,096
2 years$37,242$36,549$35,877$35,225$34,593$34,040
3 years$24,582$23,885$23,214$22,569$21,947$21,407
4 years$18,252$17,558$16,894$16,260$15,653$15,129
5 years$14,456$13,766$13,111$12,489$11,899$11,394
6 years$11,926$11,241$10,595$9,987$9,415$8,929
7 years$10,119$9,440$8,805$8,211$7,657$7,190
8 years$8,765$8,092$7,467$6,888$6,352$5,905
9 years$7,712$7,045$6,431$5,867$5,350$4,921
10 years$6,870$6,210$5,607$5,058$4,558$4,148
11 years$6,182$5,529$4,936$4,402$3,920$3,529
12 years$5,609$4,962$4,381$3,861$3,397$3,024
13 years$5,125$4,484$3,914$3,409$2,962$2,607
14 years$4,710$4,076$3,517$3,026$2,597$2,259
15 years$4,350$3,724$3,175$2,698$2,286$1,965
16 years$4,036$3,416$2,879$2,416$2,021$1,716
17 years$3,759$3,146$2,620$2,171$1,792$1,503
18 years$3,513$2,907$2,391$1,956$1,593$1,320
19 years$3,294$2,694$2,189$1,768$1,420$1,161
20 years$3,096$2,504$2,009$1,601$1,268$1,024
21 years$2,918$2,332$1,848$1,453$1,135$904
22 years$2,756$2,177$1,703$1,321$1,017$800
23 years$2,608$2,036$1,573$1,203$913$709
24 years$2,473$1,908$1,454$1,097$821$628
25 years$2,349$1,790$1,347$1,002$739$558
26 years$2,234$1,683$1,249$916$665$495
27 years$2,128$1,584$1,160$839$600$440
28 years$2,030$1,492$1,078$768$541$392
29 years$1,939$1,408$1,004$705$489$349
30 years$1,854$1,329$935$647$442$311
31 years$1,775$1,257$872$594$399$277
32 years$1,701$1,189$813$546$361$247
33 years$1,631$1,126$759$502$327$220
34 years$1,566$1,067$709$462$296$196
35 years$1,505$1,012$663$425$268$175
36 years$1,447$961$620$392$243$156
37 years$1,392$913$581$361$220$139
38 years$1,341$867$544$333$200$125
39 years$1,292$825$509$307$181$111
40 years$1,245$785$478$283$164$99
41 years$1,202$747$448$261$149$89
42 years$1,160$711$420$241$135$79
43 years$1,120$678$394$222$123$71
44 years$1,082$646$370$205$111$63
45 years$1,046$616$347$190$101$57
46 years$1,012$588$326$175$92$51
47 years$979$561$307$162$83$45
48 years$948$535$288$149$76$40
49 years$918$511$271$138$69$36
50 years$889$488$255$128$62$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $911,000, adding $4,093 every year, while hoping to spend $30,662 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: 49/37/14 Blend
29$911,000$911,000$911,000$911,000
30$1,008,144$959,861$945,740$1,053,460
31$1,078,350$974,270$944,799$1,099,509
32$1,154,690$988,357$942,798$1,145,984
33$1,237,757$1,002,075$939,669$1,195,787
34$1,328,203$1,015,372$935,343$1,249,241
35$1,426,747$1,028,192$929,744$1,306,700
36$1,534,178$1,040,477$922,794$1,368,558
37$1,651,368$1,052,163$914,411$1,435,249
38$1,779,273$1,063,185$904,509$1,507,250
39$1,918,948$1,073,470$892,999$1,585,091
40$2,071,552$1,082,942$879,786$1,669,355
41$2,238,364$1,091,519$864,772$1,760,685
42$2,420,789$1,099,115$847,854$1,859,794
43$2,620,375$1,105,638$828,924$1,967,464
44$2,838,829$1,110,990$807,868$2,084,564
45$3,078,027$1,115,066$784,569$2,212,049
46$3,340,037$1,117,755$758,903$2,350,975
47$3,627,135$1,118,939$730,741$2,502,506
48$3,941,829$1,118,494$699,947$2,667,929
49$4,286,881$1,116,286$666,381$2,848,664
50$4,665,333$1,112,173$629,894$3,046,275
51$5,080,534$1,106,007$590,333$3,262,493
52$5,536,175$1,097,628$547,535$3,499,224
53$6,036,319$1,086,866$501,333$3,758,574
54$6,585,446$1,073,545$451,549$4,042,866
55$7,188,486$1,057,473$398,001$4,354,662
56$7,850,873$1,038,451$340,495$4,696,792
57$8,578,592$1,016,265$278,832$5,072,375
58$9,378,237$990,690$212,801$5,484,854
59$10,257,071$961,488$142,184$5,938,028
60$11,223,098$928,406$66,752$6,436,087
61$12,285,133$891,177$0$6,983,654
62$13,452,889$849,518$0$7,587,880
63$14,737,070$803,130$0$8,263,114
64$16,149,464$751,696$0$9,005,617
65$17,703,062$694,882$0$9,822,272
66$19,412,178$632,335$0$10,720,672
67$21,292,581$563,680$0$11,709,186
68$23,361,646$488,522$0$12,797,043
69$25,638,518$406,444$0$13,994,419
70$28,144,292$317,005$0$15,312,532
71$30,902,210$219,738$0$16,763,753
72$33,937,882$114,153$0$18,361,719
73$37,279,528$0$0$20,121,466
74$40,958,241$0$0$22,059,681
75$45,008,284$0$0$24,244,829
76$49,467,408$0$0$26,650,817
77$54,377,213$0$0$29,300,105
78$59,783,539$0$0$32,217,444
79$65,736,896$0$0$35,430,106
80$72,292,941$0$0$38,968,145
81$79,513,005$0$0$42,864,674
82$87,464,670$0$0$47,156,186
83$96,222,408$0$0$51,882,890
84$105,868,280$0$0$57,089,096
85$116,492,713$0$0$62,823,631
86$128,195,353$0$0$69,140,299
87$141,086,004$0$0$76,098,391
88$155,285,666$0$0$83,763,239
89$170,927,673$0$0$92,206,841
90$188,158,955$0$0$101,508,532
91$207,141,423$0$0$111,755,739
92$228,053,496$0$0$123,044,800
93$251,091,785$0$0$135,481,880
94$276,472,949$0$0$149,183,968
95$304,435,741$0$0$164,279,980
96$335,243,259$0$0$180,911,983
97$369,185,427$0$0$199,236,526
98$406,581,739$0$0$219,426,125
99$447,784,266$0$0$241,670,889
100$493,180,982$0$0$266,180,313