Can I retire at age 30 with 919,000?

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 $919,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$75,890$75,214$74,555$73,911$73,282$72,699
2 years$37,569$36,870$36,192$35,534$34,896$34,308
3 years$24,797$24,095$23,418$22,767$22,140$21,565
4 years$18,413$17,712$17,043$16,402$15,790$15,233
5 years$14,583$13,887$13,226$12,599$12,003$11,466
6 years$12,031$11,339$10,688$10,075$9,498$8,981
7 years$10,208$9,523$8,882$8,283$7,724$7,228
8 years$8,842$8,163$7,533$6,949$6,408$5,932
9 years$7,780$7,107$6,488$5,919$5,397$4,941
10 years$6,931$6,265$5,656$5,102$4,598$4,163
11 years$6,236$5,577$4,980$4,440$3,955$3,539
12 years$5,658$5,006$4,419$3,895$3,427$3,031
13 years$5,170$4,524$3,948$3,438$2,988$2,611
14 years$4,751$4,112$3,548$3,052$2,620$2,261
15 years$4,388$3,756$3,203$2,722$2,306$1,966
16 years$4,072$3,446$2,904$2,437$2,038$1,715
17 years$3,792$3,174$2,643$2,190$1,807$1,501
18 years$3,544$2,933$2,412$1,974$1,607$1,317
19 years$3,323$2,718$2,208$1,783$1,432$1,158
20 years$3,123$2,526$2,027$1,615$1,279$1,021
21 years$2,943$2,353$1,864$1,466$1,145$901
22 years$2,780$2,196$1,718$1,333$1,026$796
23 years$2,631$2,054$1,586$1,214$921$705
24 years$2,495$1,924$1,467$1,107$828$624
25 years$2,369$1,806$1,359$1,011$745$554
26 years$2,254$1,697$1,260$924$671$491
27 years$2,147$1,597$1,170$846$605$437
28 years$2,048$1,505$1,088$775$546$388
29 years$1,956$1,420$1,012$711$493$345
30 years$1,871$1,341$943$652$446$307
31 years$1,791$1,268$879$599$403$273
32 years$1,716$1,200$820$551$364$244
33 years$1,646$1,136$766$506$330$217
34 years$1,580$1,077$716$466$299$193
35 years$1,518$1,021$669$429$270$172
36 years$1,460$969$626$395$245$154
37 years$1,404$921$586$364$222$137
38 years$1,352$875$549$335$201$122
39 years$1,303$832$514$309$183$109
40 years$1,256$792$482$285$166$97
41 years$1,212$753$452$263$150$87
42 years$1,170$718$424$243$136$78
43 years$1,130$684$398$224$124$69
44 years$1,092$652$373$207$112$62
45 years$1,056$621$350$191$102$55
46 years$1,021$593$329$177$93$49
47 years$988$566$309$163$84$44
48 years$956$540$291$151$76$39
49 years$926$516$273$139$69$35
50 years$897$493$257$129$63$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $919,000, adding $3,519 every year, while hoping to spend $36,739 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: 54/33/13 Blend
29$919,000$919,000$919,000$919,000
30$1,016,368$967,661$953,416$1,067,617
31$1,080,947$975,986$946,266$1,111,198
32$1,150,883$983,488$937,644$1,154,347
33$1,226,681$990,088$927,464$1,200,466
34$1,308,901$995,700$915,632$1,249,846
35$1,398,156$1,000,237$902,053$1,302,808
36$1,495,121$1,003,601$886,625$1,359,707
37$1,600,538$1,005,693$869,242$1,420,936
38$1,715,225$1,006,404$849,794$1,486,929
39$1,840,080$1,005,620$828,164$1,558,166
40$1,976,093$1,003,219$804,231$1,635,177
41$2,124,350$999,073$777,869$1,718,548
42$2,286,051$993,045$748,945$1,808,927
43$2,462,513$984,989$717,320$1,907,030
44$2,655,189$974,752$682,849$2,013,647
45$2,865,674$962,171$645,380$2,129,652
46$3,095,727$947,072$604,755$2,256,011
47$3,347,286$929,273$560,809$2,393,791
48$3,622,481$908,579$513,368$2,544,170
49$3,923,660$884,785$462,251$2,708,448
50$4,253,407$857,674$407,270$2,888,064
51$4,614,568$827,014$348,228$3,084,606
52$5,010,278$792,562$284,918$3,299,826
53$5,443,990$754,060$217,125$3,535,661
54$5,919,503$711,236$144,626$3,794,249
55$6,441,006$663,800$67,184$4,077,949
56$7,013,110$611,448$0$4,389,369
57$7,640,896$553,857$0$4,733,529
58$8,329,957$490,686$0$5,121,546
59$9,086,458$421,575$0$5,547,633
60$9,917,188$346,143$0$6,015,700
61$10,829,626$263,988$0$6,530,055
62$11,832,010$174,686$0$7,095,457
63$12,933,416$77,787$0$7,717,149
64$14,143,844$0$0$8,400,918
65$15,474,309$0$0$9,163,017
66$16,936,947$0$0$10,031,973
67$18,545,129$0$0$10,987,493
68$20,313,584$0$0$12,038,342
69$22,258,542$0$0$13,194,177
70$24,397,885$0$0$14,465,637
71$26,751,313$0$0$15,864,444
72$29,340,534$0$0$17,403,514
73$32,189,464$0$0$19,097,077
74$35,324,454$0$0$20,960,813
75$38,774,541$0$0$23,011,998
76$42,571,718$0$0$25,269,670
77$46,751,234$0$0$27,754,804
78$51,351,933$0$0$30,490,512
79$56,416,614$0$0$33,502,260
80$61,992,436$0$0$36,818,111
81$68,131,364$0$0$40,468,985
82$74,890,656$0$0$44,488,954
83$82,333,409$0$0$48,915,562
84$90,529,145$0$0$53,790,180
85$99,554,474$0$0$59,158,393
86$109,493,815$0$0$65,070,434
87$120,440,189$0$0$71,581,658
88$132,496,101$0$0$78,753,058
89$145,774,503$0$0$86,651,849
90$160,399,861$0$0$95,352,094
91$176,509,331$0$0$104,935,410
92$194,254,050$0$0$115,491,732
93$213,800,566$0$0$127,120,166
94$235,332,402$0$0$139,929,920
95$259,051,798$0$0$154,041,340
96$285,181,610$0$0$169,587,040
97$313,967,418$0$0$186,713,155
98$345,679,843$0$0$205,580,724
99$380,617,100$0$0$226,367,204
100$419,107,811$0$0$249,268,149