Can I retire at age 30 with 911,000?

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 $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%14.9%
1 years$75,230$74,559$73,906$73,268$72,644$71,178
2 years$37,242$36,549$35,877$35,225$34,593$33,121
3 years$24,582$23,885$23,214$22,569$21,947$20,517
4 years$18,252$17,558$16,894$16,260$15,653$14,275
5 years$14,456$13,766$13,111$12,489$11,899$10,578
6 years$11,926$11,241$10,595$9,987$9,415$8,152
7 years$10,119$9,440$8,805$8,211$7,657$6,452
8 years$8,765$8,092$7,467$6,888$6,352$5,204
9 years$7,712$7,045$6,431$5,867$5,350$4,258
10 years$6,870$6,210$5,607$5,058$4,558$3,523
11 years$6,182$5,529$4,936$4,402$3,920$2,939
12 years$5,609$4,962$4,381$3,861$3,397$2,469
13 years$5,125$4,484$3,914$3,409$2,962$2,086
14 years$4,710$4,076$3,517$3,026$2,597$1,771
15 years$4,350$3,724$3,175$2,698$2,286$1,508
16 years$4,036$3,416$2,879$2,416$2,021$1,289
17 years$3,759$3,146$2,620$2,171$1,792$1,104
18 years$3,513$2,907$2,391$1,956$1,593$948
19 years$3,294$2,694$2,189$1,768$1,420$816
20 years$3,096$2,504$2,009$1,601$1,268$703
21 years$2,918$2,332$1,848$1,453$1,135$607
22 years$2,756$2,177$1,703$1,321$1,017$524
23 years$2,608$2,036$1,573$1,203$913$453
24 years$2,473$1,908$1,454$1,097$821$392
25 years$2,349$1,790$1,347$1,002$739$340
26 years$2,234$1,683$1,249$916$665$295
27 years$2,128$1,584$1,160$839$600$255
28 years$2,030$1,492$1,078$768$541$222
29 years$1,939$1,408$1,004$705$489$192
30 years$1,854$1,329$935$647$442$167
31 years$1,775$1,257$872$594$399$145
32 years$1,701$1,189$813$546$361$126
33 years$1,631$1,126$759$502$327$110
34 years$1,566$1,067$709$462$296$95
35 years$1,505$1,012$663$425$268$83
36 years$1,447$961$620$392$243$72
37 years$1,392$913$581$361$220$63
38 years$1,341$867$544$333$200$54
39 years$1,292$825$509$307$181$47
40 years$1,245$785$478$283$164$41
41 years$1,202$747$448$261$149$36
42 years$1,160$711$420$241$135$31
43 years$1,120$678$394$222$123$27
44 years$1,082$646$370$205$111$24
45 years$1,046$616$347$190$101$21
46 years$1,012$588$326$175$92$18
47 years$979$561$307$162$83$16
48 years$948$535$288$149$76$14
49 years$918$511$271$138$69$12
50 years$889$488$255$128$62$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $911,000, adding $4,085 every year, while hoping to spend $33,797 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: 61/11/28 Blend
29$911,000$911,000$911,000$911,000
30$1,008,136$959,853$945,732$1,061,798
31$1,075,006$970,926$941,454$1,109,882
32$1,147,564$981,409$935,901$1,158,347
33$1,226,355$991,237$928,992$1,210,536
34$1,311,977$1,000,341$920,648$1,266,822
35$1,405,089$1,008,649$910,780$1,327,613
36$1,506,416$1,016,081$899,300$1,393,361
37$1,616,756$1,022,554$886,112$1,464,566
38$1,736,987$1,027,981$871,118$1,541,780
39$1,868,073$1,032,266$854,214$1,625,610
40$2,011,079$1,035,309$835,292$1,716,729
41$2,167,174$1,037,004$814,239$1,815,877
42$2,337,645$1,037,237$790,936$1,923,874
43$2,523,912$1,035,888$765,259$2,041,623
44$2,727,534$1,032,830$737,079$2,170,121
45$2,950,231$1,027,927$706,259$2,310,468
46$3,193,894$1,021,035$672,659$2,463,879
47$3,460,607$1,012,001$636,128$2,631,694
48$3,752,664$1,000,665$596,514$2,815,393
49$4,072,592$986,854$553,653$3,016,606
50$4,423,173$970,386$507,377$3,237,134
51$4,807,472$951,069$457,509$3,478,964
52$5,228,862$928,700$403,864$3,744,289
53$5,691,062$903,062$346,249$4,035,525
54$6,198,165$873,927$284,463$4,355,341
55$6,754,681$841,053$218,296$4,706,679
56$7,365,577$804,183$147,527$5,092,785
57$8,036,324$763,047$71,929$5,517,242
58$8,772,952$717,358$0$5,983,997
59$9,582,098$666,814$0$6,500,021
60$10,471,077$611,093$0$7,090,608
61$11,447,949$549,858$0$7,739,623
62$12,521,588$482,750$0$8,452,991
63$13,701,777$409,392$0$9,237,244
64$14,999,289$329,382$0$10,099,576
65$16,425,995$242,301$0$11,047,918
66$17,994,973$147,700$0$12,091,010
67$19,720,633$45,111$0$13,238,483
68$21,618,851$0$0$14,500,952
69$23,707,119$0$0$15,898,097
70$26,004,709$0$0$17,441,376
71$28,532,857$0$0$19,139,603
72$31,314,959$0$0$21,008,504
73$34,376,796$0$0$23,065,408
74$37,746,772$0$0$25,329,408
75$41,456,189$0$0$27,821,543
76$45,539,531$0$0$30,564,994
77$50,034,802$0$0$33,585,305
78$54,983,872$0$0$36,910,623
79$60,432,882$0$0$40,571,961
80$66,432,671$0$0$44,603,494
81$73,039,261$0$0$49,042,879
82$80,314,382$0$0$53,931,611
83$88,326,058$0$0$59,315,414
84$97,149,241$0$0$65,244,672
85$106,866,528$0$0$71,774,905
86$117,568,933$0$0$78,967,294
87$129,356,746$0$0$86,889,253
88$142,340,484$0$0$95,615,073
89$156,641,927$0$0$105,226,614
90$172,395,273$0$0$115,814,085
91$189,748,400$0$0$127,476,890
92$208,864,263$0$0$140,324,568
93$229,922,433$0$0$154,477,829
94$253,120,787$0$0$170,069,687
95$278,677,381$0$0$187,246,721
96$306,832,503$0$0$206,170,454
97$337,850,944$0$0$227,018,883
98$372,024,493$0$0$249,988,151
99$409,674,697$0$0$275,294,405
100$451,155,887$0$0$303,175,832