Can I retire at age 30 with 913,000?

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 $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%12.2%
1 years$75,395$74,723$74,068$73,428$72,804$72,134
2 years$37,324$36,629$35,955$35,302$34,669$33,993
3 years$24,636$23,937$23,265$22,618$21,995$21,336
4 years$18,293$17,597$16,931$16,295$15,687$15,049
5 years$14,488$13,796$13,139$12,516$11,925$11,310
6 years$11,952$11,265$10,619$10,009$9,436$8,844
7 years$10,141$9,461$8,824$8,229$7,674$7,106
8 years$8,784$8,110$7,484$6,903$6,366$5,822
9 years$7,729$7,061$6,446$5,880$5,361$4,841
10 years$6,886$6,224$5,619$5,069$4,568$4,071
11 years$6,196$5,541$4,947$4,411$3,929$3,454
12 years$5,621$4,973$4,391$3,869$3,405$2,953
13 years$5,136$4,494$3,923$3,416$2,969$2,539
14 years$4,720$4,085$3,525$3,032$2,602$2,194
15 years$4,360$3,732$3,182$2,704$2,291$1,904
16 years$4,045$3,424$2,885$2,421$2,025$1,658
17 years$3,767$3,153$2,625$2,176$1,796$1,448
18 years$3,521$2,914$2,397$1,961$1,597$1,268
19 years$3,301$2,700$2,194$1,772$1,423$1,113
20 years$3,103$2,509$2,014$1,605$1,271$978
21 years$2,924$2,337$1,852$1,456$1,138$861
22 years$2,762$2,182$1,707$1,324$1,020$760
23 years$2,614$2,041$1,576$1,206$915$671
24 years$2,478$1,912$1,458$1,100$823$593
25 years$2,354$1,794$1,350$1,004$740$525
26 years$2,239$1,686$1,252$918$667$465
27 years$2,133$1,587$1,163$841$601$412
28 years$2,035$1,495$1,081$770$542$365
29 years$1,944$1,411$1,006$706$490$324
30 years$1,858$1,332$937$648$443$288
31 years$1,779$1,259$873$595$400$255
32 years$1,705$1,192$815$547$362$227
33 years$1,635$1,129$761$503$328$202
34 years$1,570$1,070$711$463$297$179
35 years$1,508$1,015$665$426$269$159
36 years$1,450$963$622$392$243$142
37 years$1,395$915$582$362$221$126
38 years$1,344$869$545$333$200$112
39 years$1,295$826$511$307$181$100
40 years$1,248$786$479$283$164$89
41 years$1,204$749$449$262$149$79
42 years$1,162$713$421$241$135$71
43 years$1,123$679$395$223$123$63
44 years$1,085$647$371$206$112$56
45 years$1,049$617$348$190$101$50
46 years$1,014$589$327$175$92$44
47 years$981$562$307$162$83$40
48 years$950$537$289$150$76$35
49 years$920$512$271$138$69$31
50 years$891$489$255$128$63$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $913,000, adding $6,566 every year, while hoping to spend $34,672 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: 46/42/12 Blend
29$913,000$913,000$913,000$913,000
30$1,012,899$964,510$950,358$1,055,781
31$1,079,324$974,880$945,305$1,096,519
32$1,151,362$984,596$938,920$1,136,608
33$1,229,549$993,590$931,122$1,179,324
34$1,314,476$1,001,788$921,827$1,224,922
35$1,406,789$1,009,113$910,944$1,273,686
36$1,507,203$1,015,480$898,382$1,325,930
37$1,616,501$1,020,803$884,042$1,381,999
38$1,735,549$1,024,987$867,822$1,442,279
39$1,865,296$1,027,932$849,615$1,507,193
40$2,006,787$1,029,532$829,308$1,577,211
41$2,161,175$1,029,674$806,785$1,652,852
42$2,329,725$1,028,239$781,923$1,734,691
43$2,513,833$1,025,099$754,594$1,823,363
44$2,715,034$1,020,118$724,663$1,919,570
45$2,935,019$1,013,155$691,990$2,024,089
46$3,175,648$1,004,057$656,429$2,137,778
47$3,438,970$992,662$617,826$2,261,586
48$3,727,243$978,801$576,021$2,396,562
49$4,042,951$962,291$530,847$2,543,866
50$4,388,831$942,942$482,128$2,704,777
51$4,767,895$920,549$429,683$2,880,712
52$5,183,463$894,899$373,320$3,073,235
53$5,639,190$865,763$312,840$3,284,074
54$6,139,102$832,900$248,035$3,515,138
55$6,687,634$796,055$178,688$3,768,536
56$7,289,669$754,959$104,571$4,046,597
57$7,950,589$709,326$25,448$4,351,893
58$8,676,321$658,854$0$4,687,266
59$9,473,392$603,224$0$5,063,405
60$10,348,995$542,100$0$5,480,190
61$11,311,053$475,123$0$5,938,218
62$12,368,295$401,918$0$6,441,748
63$13,530,336$322,087$0$6,995,478
64$14,807,770$235,209$0$7,604,593
65$16,212,268$140,840$0$8,274,815
66$17,756,690$38,512$0$9,012,454
67$19,455,202$0$0$9,824,474
68$21,323,413$0$0$10,751,959
69$23,378,521$0$0$11,791,929
70$25,639,473$0$0$12,936,189
71$28,127,148$0$0$14,195,320
72$30,864,547$0$0$15,580,982
73$33,877,017$0$0$17,106,019
74$37,192,483$0$0$18,784,588
75$40,841,718$0$0$20,632,283
76$44,858,626$0$0$22,666,292
77$49,280,566$0$0$24,905,548
78$54,148,705$0$0$27,370,919
79$59,508,402$0$0$30,085,395
80$65,409,639$0$0$33,074,311
81$71,907,490$0$0$36,365,583
82$79,062,644$0$0$39,989,972
83$86,941,971$0$0$43,981,374
84$95,619,161$0$0$48,377,140
85$105,175,411$0$0$53,218,429
86$115,700,196$0$0$58,550,595
87$127,292,110$0$0$64,423,614
88$140,059,801$0$0$70,892,558
89$154,122,989$0$0$78,018,113
90$169,613,601$0$0$85,867,151
91$186,677,012$0$0$94,513,364
92$205,473,420$0$0$104,037,955
93$226,179,355$0$0$114,530,408
94$248,989,346$0$0$126,089,329
95$274,117,757$0$0$138,823,380
96$301,800,808$0$0$152,852,302
97$332,298,806$0$0$168,308,045
98$365,898,601$0$0$185,336,016
99$402,916,292$0$0$204,096,447
100$443,700,212$0$0$224,765,911