Can I retire at age 30 with 918,000?

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 $918,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$75,808$75,132$74,474$73,830$73,203$72,288
2 years$37,529$36,830$36,152$35,495$34,858$33,938
3 years$24,770$24,069$23,393$22,742$22,116$21,218
4 years$18,393$17,693$17,024$16,385$15,773$14,905
5 years$14,567$13,871$13,211$12,585$11,990$11,155
6 years$12,017$11,327$10,677$10,064$9,488$8,686
7 years$10,197$9,512$8,872$8,274$7,716$6,948
8 years$8,832$8,154$7,525$6,941$6,401$5,666
9 years$7,771$7,099$6,481$5,912$5,391$4,689
10 years$6,923$6,258$5,650$5,096$4,593$3,924
11 years$6,230$5,571$4,974$4,435$3,950$3,314
12 years$5,652$5,000$4,415$3,890$3,423$2,818
13 years$5,164$4,519$3,944$3,435$2,985$2,411
14 years$4,746$4,107$3,544$3,049$2,617$2,072
15 years$4,384$3,752$3,200$2,719$2,304$1,789
16 years$4,067$3,443$2,901$2,435$2,036$1,549
17 years$3,788$3,170$2,640$2,188$1,805$1,345
18 years$3,540$2,930$2,410$1,971$1,605$1,171
19 years$3,319$2,715$2,206$1,781$1,431$1,022
20 years$3,120$2,523$2,025$1,613$1,278$893
21 years$2,940$2,350$1,862$1,464$1,144$782
22 years$2,777$2,194$1,716$1,331$1,025$685
23 years$2,628$2,052$1,585$1,212$920$601
24 years$2,492$1,922$1,466$1,106$827$528
25 years$2,367$1,804$1,357$1,010$744$465
26 years$2,251$1,696$1,259$923$670$409
27 years$2,145$1,596$1,169$845$604$360
28 years$2,046$1,504$1,087$774$545$317
29 years$1,954$1,418$1,011$710$493$280
30 years$1,869$1,340$942$652$445$247
31 years$1,789$1,266$878$599$402$218
32 years$1,714$1,198$819$550$364$192
33 years$1,644$1,135$765$506$329$170
34 years$1,578$1,076$715$465$298$150
35 years$1,516$1,020$668$428$270$132
36 years$1,458$968$625$395$245$117
37 years$1,403$920$585$364$222$103
38 years$1,351$874$548$335$201$91
39 years$1,302$831$513$309$182$81
40 years$1,255$791$481$285$165$71
41 years$1,211$753$451$263$150$63
42 years$1,169$717$423$243$136$56
43 years$1,129$683$397$224$124$49
44 years$1,091$651$373$207$112$44
45 years$1,054$621$350$191$102$39
46 years$1,020$592$329$176$92$34
47 years$987$565$309$163$84$30
48 years$955$539$290$151$76$27
49 years$925$515$273$139$69$24
50 years$896$492$257$129$63$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $918,000, adding $2,217 every year, while hoping to spend $25,650 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: 52/32/16 Blend
29$918,000$918,000$918,000$918,000
30$1,013,923$965,269$951,040$1,062,134
31$1,090,052$985,276$955,608$1,115,422
32$1,173,086$1,005,403$959,470$1,170,462
33$1,263,703$1,025,630$962,574$1,229,758
34$1,362,648$1,045,933$964,868$1,293,720
35$1,470,742$1,066,288$966,295$1,362,801
36$1,588,888$1,086,667$966,797$1,437,499
37$1,718,082$1,107,040$966,311$1,518,365
38$1,859,417$1,127,377$964,774$1,606,005
39$2,014,101$1,147,641$962,117$1,701,088
40$2,183,461$1,167,797$958,270$1,804,349
41$2,368,959$1,187,804$953,157$1,916,601
42$2,572,205$1,207,619$946,700$2,038,740
43$2,794,974$1,227,196$938,818$2,171,753
44$3,039,218$1,246,485$929,425$2,316,729
45$3,307,087$1,265,433$918,430$2,474,866
46$3,600,953$1,283,981$905,740$2,647,489
47$3,923,424$1,302,070$891,256$2,836,056
48$4,277,374$1,319,633$874,875$3,042,176
49$4,665,972$1,336,600$856,488$3,267,621
50$5,092,704$1,352,896$835,983$3,514,346
51$5,561,412$1,368,441$813,242$3,784,507
52$6,076,331$1,383,149$788,140$4,080,481
53$6,642,122$1,396,929$760,548$4,404,887
54$7,263,923$1,409,683$730,331$4,760,615
55$7,947,394$1,421,308$697,348$5,150,849
56$8,698,769$1,431,693$661,449$5,579,100
57$9,524,917$1,440,720$622,482$6,049,241
58$10,433,407$1,448,264$580,284$6,565,539
59$11,432,577$1,454,191$534,686$7,132,701
60$12,531,614$1,458,360$485,511$7,755,912
61$13,740,639$1,460,621$432,576$8,440,894
62$15,070,805$1,460,812$375,688$9,193,951
63$16,534,399$1,458,764$314,646$10,022,034
64$18,144,961$1,454,296$249,240$10,932,807
65$19,917,408$1,447,217$179,250$11,934,718
66$21,868,176$1,437,324$104,448$13,037,078
67$24,015,378$1,424,400$24,595$14,250,157
68$26,378,969$1,408,218$0$15,585,270
69$28,980,937$1,388,534$0$17,065,244
70$31,845,513$1,365,093$0$18,698,637
71$34,999,393$1,337,621$0$20,496,452
72$38,471,998$1,305,830$0$22,475,450
73$42,295,741$1,269,416$0$24,654,105
74$46,506,344$1,228,055$0$27,052,776
75$51,143,167$1,181,405$0$29,693,903
76$56,249,580$1,129,104$0$32,602,219
77$61,873,376$1,070,769$0$35,804,980
78$68,067,220$1,005,995$0$39,332,230
79$74,889,142$934,355$0$43,217,079
80$82,403,091$855,395$0$47,496,020
81$90,679,533$768,636$0$52,209,270
82$99,796,119$673,573$0$57,401,158
83$109,838,416$569,671$0$63,120,536
84$120,900,715$456,365$0$69,421,248
85$133,086,920$333,059$0$76,362,633
86$146,511,529$199,123$0$84,010,093
87$161,300,716$53,890$0$92,435,704
88$177,593,517$0$0$101,718,906
89$195,543,147$0$0$111,983,636
90$215,318,446$0$0$123,313,455
91$237,105,467$0$0$135,796,002
92$261,109,237$0$0$149,548,763
93$287,555,690$0$0$164,701,204
94$316,693,801$0$0$181,395,996
95$348,797,933$0$0$199,790,358
96$384,170,430$0$0$220,057,542
97$423,144,468$0$0$242,388,469
98$466,087,199$0$0$266,993,530
99$513,403,222$0$0$294,104,572
100$565,538,397$0$0$323,977,087