Can I retire at age 30 with 922,000?

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 $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%11.9%
1 years$76,138$75,460$74,798$74,152$73,522$72,936
2 years$37,692$36,990$36,310$35,650$35,010$34,420
3 years$24,878$24,173$23,495$22,841$22,212$21,635
4 years$18,473$17,770$17,098$16,456$15,842$15,283
5 years$14,631$13,932$13,269$12,640$12,043$11,504
6 years$12,070$11,376$10,723$10,108$9,529$9,010
7 years$10,241$9,554$8,911$8,310$7,750$7,252
8 years$8,871$8,189$7,557$6,971$6,429$5,952
9 years$7,805$7,130$6,509$5,938$5,414$4,957
10 years$6,953$6,285$5,675$5,119$4,613$4,176
11 years$6,257$5,595$4,996$4,455$3,967$3,551
12 years$5,677$5,022$4,434$3,907$3,438$3,041
13 years$5,186$4,538$3,961$3,450$2,998$2,620
14 years$4,766$4,125$3,559$3,062$2,628$2,268
15 years$4,403$3,769$3,214$2,731$2,314$1,972
16 years$4,085$3,458$2,914$2,445$2,045$1,721
17 years$3,805$3,184$2,651$2,197$1,813$1,506
18 years$3,556$2,942$2,420$1,980$1,612$1,322
19 years$3,333$2,727$2,216$1,789$1,437$1,162
20 years$3,134$2,534$2,033$1,620$1,284$1,024
21 years$2,953$2,360$1,870$1,471$1,149$904
22 years$2,789$2,203$1,724$1,337$1,030$799
23 years$2,640$2,061$1,592$1,218$924$707
24 years$2,503$1,931$1,472$1,111$831$626
25 years$2,377$1,812$1,363$1,014$748$555
26 years$2,261$1,703$1,264$927$673$493
27 years$2,154$1,603$1,174$849$607$438
28 years$2,055$1,510$1,091$778$548$389
29 years$1,963$1,425$1,016$713$495$346
30 years$1,877$1,345$946$655$447$308
31 years$1,797$1,272$882$601$404$274
32 years$1,722$1,203$823$552$366$244
33 years$1,651$1,140$768$508$331$218
34 years$1,585$1,080$718$467$300$194
35 years$1,523$1,025$671$430$271$173
36 years$1,464$972$628$396$246$154
37 years$1,409$924$588$365$223$138
38 years$1,357$878$550$337$202$123
39 years$1,307$835$516$310$183$110
40 years$1,261$794$483$286$166$98
41 years$1,216$756$453$264$151$87
42 years$1,174$720$425$244$137$78
43 years$1,134$686$399$225$124$70
44 years$1,095$654$374$208$113$62
45 years$1,059$623$352$192$102$55
46 years$1,024$595$330$177$93$50
47 years$991$568$310$164$84$44
48 years$959$542$292$151$77$40
49 years$929$517$274$140$70$35
50 years$900$494$258$129$63$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $922,000, adding $4,025 every year, while hoping to spend $21,091 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: 62/14/24 Blend
29$922,000$922,000$922,000$922,000
30$1,020,196$971,330$957,039$1,076,748
31$1,101,815$996,484$966,659$1,140,671
32$1,191,053$1,022,164$975,894$1,207,760
33$1,288,663$1,048,374$984,710$1,280,544
34$1,395,478$1,075,115$993,069$1,359,583
35$1,512,412$1,102,391$1,000,932$1,445,494
36$1,640,474$1,130,204$1,008,259$1,538,955
37$1,780,772$1,158,553$1,015,005$1,640,714
38$1,934,529$1,187,441$1,021,126$1,751,594
39$2,103,090$1,216,865$1,026,574$1,872,503
40$2,287,940$1,246,826$1,031,298$2,004,442
41$2,490,709$1,277,320$1,035,246$2,148,513
42$2,713,197$1,308,344$1,038,362$2,305,930
43$2,957,384$1,339,894$1,040,589$2,478,032
44$3,225,453$1,371,965$1,041,864$2,666,294
45$3,519,808$1,404,549$1,042,125$2,872,341
46$3,843,094$1,437,638$1,041,302$3,097,964
47$4,198,231$1,471,224$1,039,327$3,345,138
48$4,588,431$1,505,294$1,036,125$3,616,038
49$5,017,233$1,539,835$1,031,617$3,913,061
50$5,488,538$1,574,834$1,025,723$4,238,850
51$6,006,641$1,610,274$1,018,358$4,596,316
52$6,576,277$1,646,136$1,009,431$4,988,669
53$7,202,660$1,682,399$998,849$5,419,446
54$7,891,535$1,719,040$986,515$5,892,544
55$8,649,233$1,756,034$972,324$6,412,260
56$9,482,728$1,793,354$956,171$6,983,327
57$10,399,705$1,830,966$937,941$7,610,964
58$11,408,630$1,868,839$917,517$8,300,922
59$12,518,832$1,906,934$894,776$9,059,538
60$13,740,591$1,945,212$869,588$9,893,798
61$15,085,231$1,983,627$841,820$10,811,400
62$16,565,232$2,022,132$811,328$11,820,827
63$18,194,344$2,060,675$777,966$12,931,432
64$19,987,719$2,099,200$741,580$14,153,519
65$21,962,051$2,137,646$702,008$15,498,446
66$24,135,736$2,175,946$659,080$16,978,730
67$26,529,044$2,214,030$612,622$18,608,166
68$29,164,310$2,251,821$562,449$20,401,959
69$32,066,146$2,289,237$508,367$22,376,864
70$35,261,672$2,326,189$450,177$24,551,349
71$38,780,773$2,362,582$387,668$26,945,764
72$42,656,378$2,398,315$320,621$29,582,541
73$46,924,773$2,433,277$248,807$32,486,398
74$51,625,945$2,467,352$171,987$35,684,580
75$56,803,953$2,500,415$89,910$39,207,109
76$62,507,352$2,532,330$2,318$43,087,076
77$68,789,643$2,562,956$0$47,360,947
78$75,709,784$2,592,138$0$52,092,255
79$83,332,742$2,619,713$0$57,304,099
80$91,730,110$2,645,507$0$63,044,773
81$100,980,778$2,669,334$0$69,368,150
82$111,171,682$2,690,996$0$76,333,598
83$122,398,620$2,710,281$0$84,006,539
84$134,767,160$2,726,966$0$92,459,068
85$148,393,633$2,740,810$0$101,770,631
86$163,406,234$2,751,559$0$112,028,778
87$179,946,228$2,758,944$0$123,329,987
88$198,169,287$2,762,676$0$135,780,575
89$218,246,956$2,762,449$0$149,497,706
90$240,368,277$2,757,941$0$164,610,489
91$264,741,567$2,748,805$0$181,261,206
92$291,596,388$2,734,678$0$199,606,646
93$321,185,712$2,715,170$0$219,819,595
94$353,788,313$2,689,871$0$242,090,459
95$389,711,390$2,658,344$0$266,629,065
96$429,293,477$2,620,128$0$293,666,643
97$472,907,630$2,574,732$0$323,458,009
98$520,964,952$2,521,638$0$356,283,966
99$573,918,474$2,460,295$0$392,453,962
100$632,267,431$2,390,123$0$432,309,009