Can I retire at age 30 with 922,000?

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 $922,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$76,138$75,460$74,798$74,152$73,522$70,969
2 years$37,692$36,990$36,310$35,650$35,010$32,465
3 years$24,878$24,173$23,495$22,841$22,212$19,754
4 years$18,473$17,770$17,098$16,456$15,842$13,490
5 years$14,631$13,932$13,269$12,640$12,043$9,803
6 years$12,070$11,376$10,723$10,108$9,529$7,404
7 years$10,241$9,554$8,911$8,310$7,750$5,738
8 years$8,871$8,189$7,557$6,971$6,429$4,529
9 years$7,805$7,130$6,509$5,938$5,414$3,624
10 years$6,953$6,285$5,675$5,119$4,613$2,929
11 years$6,257$5,595$4,996$4,455$3,967$2,387
12 years$5,677$5,022$4,434$3,907$3,438$1,957
13 years$5,186$4,538$3,961$3,450$2,998$1,613
14 years$4,766$4,125$3,559$3,062$2,628$1,334
15 years$4,403$3,769$3,214$2,731$2,314$1,107
16 years$4,085$3,458$2,914$2,445$2,045$922
17 years$3,805$3,184$2,651$2,197$1,813$769
18 years$3,556$2,942$2,420$1,980$1,612$642
19 years$3,333$2,727$2,216$1,789$1,437$537
20 years$3,134$2,534$2,033$1,620$1,284$450
21 years$2,953$2,360$1,870$1,471$1,149$378
22 years$2,789$2,203$1,724$1,337$1,030$317
23 years$2,640$2,061$1,592$1,218$924$266
24 years$2,503$1,931$1,472$1,111$831$224
25 years$2,377$1,812$1,363$1,014$748$188
26 years$2,261$1,703$1,264$927$673$158
27 years$2,154$1,603$1,174$849$607$133
28 years$2,055$1,510$1,091$778$548$112
29 years$1,963$1,425$1,016$713$495$94
30 years$1,877$1,345$946$655$447$80
31 years$1,797$1,272$882$601$404$67
32 years$1,722$1,203$823$552$366$56
33 years$1,651$1,140$768$508$331$48
34 years$1,585$1,080$718$467$300$40
35 years$1,523$1,025$671$430$271$34
36 years$1,464$972$628$396$246$28
37 years$1,409$924$588$365$223$24
38 years$1,357$878$550$337$202$20
39 years$1,307$835$516$310$183$17
40 years$1,261$794$483$286$166$14
41 years$1,216$756$453$264$151$12
42 years$1,174$720$425$244$137$10
43 years$1,134$686$399$225$124$9
44 years$1,095$654$374$208$113$7
45 years$1,059$623$352$192$102$6
46 years$1,024$595$330$177$93$5
47 years$991$568$310$164$84$4
48 years$959$542$292$151$77$4
49 years$929$517$274$140$70$3
50 years$900$494$258$129$63$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $922,000, adding $5,286 every year, while hoping to spend $25,284 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: 51/42/7 Blend
29$922,000$922,000$922,000$922,000
30$1,021,497$972,631$958,340$1,071,545
31$1,098,787$993,387$963,542$1,126,931
32$1,183,114$1,014,314$968,071$1,183,935
33$1,275,168$1,035,392$971,878$1,245,299
34$1,375,710$1,056,601$974,911$1,311,437
35$1,485,577$1,077,919$977,115$1,382,806
36$1,605,692$1,099,323$978,434$1,459,910
37$1,737,068$1,120,785$978,807$1,543,303
38$1,880,825$1,142,279$978,173$1,633,597
39$2,038,191$1,163,773$976,464$1,731,465
40$2,210,523$1,185,234$973,612$1,837,650
41$2,399,312$1,206,627$969,544$1,952,968
42$2,606,202$1,227,912$964,184$2,078,321
43$2,833,003$1,249,048$957,452$2,214,702
44$3,081,709$1,269,991$949,266$2,363,206
45$3,354,514$1,290,691$939,537$2,525,040
46$3,653,837$1,311,097$928,175$2,701,532
47$3,982,342$1,331,154$915,082$2,894,149
48$4,342,962$1,350,802$900,158$3,104,506
49$4,738,930$1,369,977$883,299$3,334,384
50$5,173,805$1,388,611$864,394$3,585,745
51$5,651,510$1,406,630$843,329$3,860,755
52$6,176,366$1,423,956$819,982$4,161,796
53$6,753,131$1,440,506$794,227$4,491,500
54$7,387,050$1,456,190$765,933$4,852,764
55$8,083,899$1,470,914$734,962$5,248,783
56$8,850,043$1,484,575$701,169$5,683,079
57$9,692,494$1,497,065$664,405$6,159,534
58$10,618,976$1,508,270$624,511$6,682,429
59$11,638,002$1,518,065$581,322$7,256,480
60$12,758,950$1,526,322$534,667$7,886,888
61$13,992,151$1,532,899$484,367$8,579,387
62$15,348,989$1,537,651$430,232$9,340,295
63$16,842,009$1,540,418$372,068$10,176,580
64$18,485,031$1,541,035$309,669$11,095,920
65$20,293,282$1,539,325$242,821$12,106,780
66$22,283,543$1,535,098$171,302$13,218,493
67$24,474,301$1,528,154$94,877$14,441,343
68$26,885,929$1,518,283$13,305$15,786,669
69$29,540,873$1,505,258$0$17,266,970
70$32,463,867$1,488,841$0$18,901,531
71$35,682,166$1,468,779$0$20,701,448
72$39,225,802$1,444,804$0$22,682,487
73$43,127,867$1,416,632$0$24,863,121
74$47,424,824$1,383,962$0$27,263,711
75$52,156,856$1,346,476$0$29,906,700
76$57,368,238$1,303,836$0$32,816,823
77$63,107,759$1,255,685$0$36,021,344
78$69,429,182$1,201,645$0$39,550,310
79$76,391,750$1,141,317$0$43,436,843
80$84,060,745$1,074,278$0$47,717,445
81$92,508,104$1,000,081$0$52,432,350
82$101,813,099$918,252$0$57,625,901
83$112,063,081$828,293$0$63,346,973
84$123,354,311$729,675$0$69,649,432
85$135,792,861$621,839$0$76,592,647
86$149,495,620$504,197$0$84,242,053
87$164,591,395$376,124$0$92,669,766
88$181,222,127$236,964$0$101,955,271
89$199,544,229$86,020$0$112,186,169
90$219,730,065$0$0$123,459,009
91$241,969,575$0$0$135,915,989
92$266,472,067$0$0$149,684,493
93$293,468,192$0$0$164,854,394
94$323,212,126$0$0$181,568,541
95$355,983,962$0$0$199,984,349
96$392,092,357$0$0$220,275,288
97$431,877,447$0$0$242,632,518
98$475,714,053$0$0$267,266,693
99$524,015,224$0$0$294,409,953
100$577,236,133$0$0$324,318,109