Can I retire at age 30 with 913,000?

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 $913,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$75,395$74,723$74,068$73,428$72,804$70,672
2 years$37,324$36,629$35,955$35,302$34,669$32,538
3 years$24,636$23,937$23,265$22,618$21,995$19,932
4 years$18,293$17,597$16,931$16,295$15,687$13,708
5 years$14,488$13,796$13,139$12,516$11,925$10,036
6 years$11,952$11,265$10,619$10,009$9,436$7,637
7 years$10,141$9,461$8,824$8,229$7,674$5,966
8 years$8,784$8,110$7,484$6,903$6,366$4,749
9 years$7,729$7,061$6,446$5,880$5,361$3,832
10 years$6,886$6,224$5,619$5,069$4,568$3,125
11 years$6,196$5,541$4,947$4,411$3,929$2,570
12 years$5,621$4,973$4,391$3,869$3,405$2,126
13 years$5,136$4,494$3,923$3,416$2,969$1,769
14 years$4,720$4,085$3,525$3,032$2,602$1,478
15 years$4,360$3,732$3,182$2,704$2,291$1,239
16 years$4,045$3,424$2,885$2,421$2,025$1,041
17 years$3,767$3,153$2,625$2,176$1,796$878
18 years$3,521$2,914$2,397$1,961$1,597$741
19 years$3,301$2,700$2,194$1,772$1,423$627
20 years$3,103$2,509$2,014$1,605$1,271$531
21 years$2,924$2,337$1,852$1,456$1,138$450
22 years$2,762$2,182$1,707$1,324$1,020$382
23 years$2,614$2,041$1,576$1,206$915$324
24 years$2,478$1,912$1,458$1,100$823$276
25 years$2,354$1,794$1,350$1,004$740$234
26 years$2,239$1,686$1,252$918$667$199
27 years$2,133$1,587$1,163$841$601$170
28 years$2,035$1,495$1,081$770$542$145
29 years$1,944$1,411$1,006$706$490$123
30 years$1,858$1,332$937$648$443$105
31 years$1,779$1,259$873$595$400$89
32 years$1,705$1,192$815$547$362$76
33 years$1,635$1,129$761$503$328$65
34 years$1,570$1,070$711$463$297$55
35 years$1,508$1,015$665$426$269$47
36 years$1,450$963$622$392$243$40
37 years$1,395$915$582$362$221$34
38 years$1,344$869$545$333$200$29
39 years$1,295$826$511$307$181$25
40 years$1,248$786$479$283$164$21
41 years$1,204$749$449$262$149$18
42 years$1,162$713$421$241$135$16
43 years$1,123$679$395$223$123$13
44 years$1,085$647$371$206$112$11
45 years$1,049$617$348$190$101$10
46 years$1,014$589$327$175$92$8
47 years$981$562$307$162$83$7
48 years$950$537$289$150$76$6
49 years$920$512$271$138$69$5
50 years$891$489$255$128$63$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $913,000, adding $3,391 every year, while hoping to spend $25,976 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: 53/28/19 Blend
29$913,000$913,000$913,000$913,000
30$1,009,624$961,235$947,083$1,057,729
31$1,084,967$980,697$951,172$1,110,562
32$1,167,125$1,000,242$954,528$1,165,012
33$1,256,765$1,019,847$957,098$1,223,696
34$1,354,622$1,039,487$958,827$1,287,027
35$1,461,504$1,059,133$959,659$1,355,458
36$1,578,303$1,078,756$959,533$1,429,488
37$1,705,999$1,098,324$958,387$1,509,668
38$1,845,672$1,117,802$956,153$1,596,605
39$1,998,509$1,137,153$952,763$1,690,969
40$2,165,820$1,156,337$948,143$1,793,499
41$2,349,045$1,175,309$942,218$1,905,008
42$2,549,773$1,194,024$934,907$2,026,395
43$2,769,750$1,212,432$926,127$2,158,648
44$3,010,902$1,230,478$915,789$2,302,859
45$3,275,348$1,248,106$903,803$2,460,232
46$3,565,423$1,265,253$890,070$2,632,093
47$3,883,701$1,281,854$874,491$2,819,906
48$4,233,012$1,297,839$856,961$3,025,283
49$4,616,478$1,313,132$837,368$3,250,004
50$5,037,536$1,327,653$815,597$3,496,031
51$5,499,973$1,341,316$791,528$3,765,524
52$6,007,959$1,354,030$765,033$4,060,871
53$6,566,091$1,365,696$735,981$4,384,698
54$7,179,429$1,376,212$704,233$4,739,907
55$7,853,551$1,385,467$669,645$5,129,693
56$8,594,600$1,393,342$632,066$5,557,580
57$9,409,347$1,399,713$591,337$6,027,455
58$10,305,247$1,404,447$547,294$6,543,601
59$11,290,518$1,407,400$499,764$7,110,742
60$12,374,212$1,408,424$448,568$7,734,085
61$13,566,303$1,407,358$393,516$8,419,373
62$14,877,780$1,404,032$334,412$9,172,935
63$16,320,750$1,398,266$271,051$10,001,749
64$17,908,554$1,389,869$203,219$10,913,510
65$19,655,891$1,378,637$130,692$11,916,699
66$21,578,958$1,364,357$53,236$13,020,666
67$23,695,600$1,346,798$0$14,235,721
68$26,025,481$1,325,721$0$15,579,191
69$28,590,266$1,300,867$0$17,069,545
70$31,413,831$1,271,967$0$18,709,841
71$34,522,481$1,238,733$0$20,515,361
72$37,945,203$1,200,860$0$22,502,944
73$41,713,937$1,158,026$0$24,691,151
74$45,863,880$1,109,890$0$27,100,436
75$50,433,813$1,056,092$0$29,753,346
76$55,466,472$996,251$0$32,674,728
77$61,008,947$929,962$0$35,891,966
78$67,113,128$856,799$0$39,435,241
79$73,836,196$776,311$0$43,337,818
80$81,241,159$688,021$0$47,636,357
81$89,397,449$591,425$0$52,371,261
82$98,381,576$485,992$0$57,587,061
83$108,277,849$371,159$0$63,332,832
84$119,179,176$246,331$0$69,662,662
85$131,187,932$110,882$0$76,636,162
86$144,416,935$0$0$84,319,027
87$158,990,503$0$0$92,794,707
88$175,045,630$0$0$102,169,808
89$192,733,281$0$0$112,498,336
90$212,219,811$0$0$123,877,451
91$233,688,541$0$0$136,414,220
92$257,341,484$0$0$150,226,630
93$283,401,254$0$0$165,444,698
94$312,113,165$0$0$182,211,700
95$343,747,548$0$0$200,685,522
96$378,602,301$0$0$221,040,154
97$417,005,703$0$0$243,467,326
98$459,319,510$0$0$268,178,324
99$505,942,371$0$0$295,405,979
100$557,313,590$0$0$325,406,870