Can I retire at age 30 with 925,000?

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 $925,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$76,386$75,705$75,041$74,393$73,761$71,144
2 years$37,815$37,110$36,428$35,766$35,124$32,515
3 years$24,959$24,252$23,571$22,916$22,284$19,766
4 years$18,533$17,828$17,154$16,509$15,893$13,484
5 years$14,678$13,977$13,312$12,681$12,082$9,789
6 years$12,109$11,413$10,758$10,141$9,560$7,384
7 years$10,275$9,585$8,940$8,337$7,775$5,716
8 years$8,900$8,216$7,582$6,994$6,450$4,507
9 years$7,831$7,154$6,530$5,957$5,432$3,602
10 years$6,976$6,306$5,693$5,135$4,628$2,908
11 years$6,277$5,613$5,012$4,469$3,980$2,366
12 years$5,695$5,038$4,448$3,920$3,449$1,938
13 years$5,203$4,553$3,974$3,461$3,008$1,594
14 years$4,782$4,139$3,571$3,072$2,637$1,317
15 years$4,417$3,781$3,224$2,740$2,322$1,092
16 years$4,098$3,469$2,923$2,453$2,052$907
17 years$3,817$3,195$2,660$2,204$1,819$756
18 years$3,567$2,952$2,428$1,986$1,618$630
19 years$3,344$2,736$2,223$1,795$1,442$527
20 years$3,144$2,542$2,040$1,626$1,288$441
21 years$2,963$2,368$1,876$1,475$1,152$369
22 years$2,798$2,211$1,729$1,341$1,033$309
23 years$2,648$2,067$1,597$1,222$927$259
24 years$2,511$1,937$1,477$1,114$833$218
25 years$2,385$1,818$1,368$1,018$750$183
26 years$2,269$1,708$1,269$930$676$153
27 years$2,161$1,608$1,178$852$609$129
28 years$2,062$1,515$1,095$780$550$108
29 years$1,969$1,429$1,019$716$496$91
30 years$1,883$1,350$949$657$448$77
31 years$1,802$1,276$885$603$405$64
32 years$1,727$1,207$826$554$367$54
33 years$1,657$1,143$771$510$332$46
34 years$1,590$1,084$720$469$300$38
35 years$1,528$1,028$673$432$272$32
36 years$1,469$976$630$398$247$27
37 years$1,414$927$590$366$223$23
38 years$1,361$881$552$338$203$19
39 years$1,312$837$517$311$184$16
40 years$1,265$797$485$287$167$14
41 years$1,220$758$455$265$151$11
42 years$1,178$722$426$245$137$10
43 years$1,137$688$400$226$125$8
44 years$1,099$656$376$208$113$7
45 years$1,062$626$353$192$103$6
46 years$1,028$597$331$178$93$5
47 years$994$569$311$164$85$4
48 years$963$544$292$152$77$3
49 years$932$519$275$140$70$3
50 years$903$496$258$130$63$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $925,000, adding $2,544 every year, while hoping to spend $32,279 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: 78/16/6 Blend
29$925,000$925,000$925,000$925,000
30$1,021,974$972,949$958,612$1,100,957
31$1,091,871$986,279$956,381$1,166,442
32$1,167,815$999,180$952,993$1,233,772
33$1,250,390$1,011,598$948,376$1,306,648
34$1,340,236$1,023,472$942,453$1,385,605
35$1,438,060$1,034,742$935,144$1,471,234
36$1,544,636$1,045,339$926,366$1,564,187
37$1,660,820$1,055,191$916,030$1,665,180
38$1,787,552$1,064,224$904,045$1,775,002
39$1,925,866$1,072,354$890,315$1,894,525
40$2,076,901$1,079,497$874,737$2,024,706
41$2,241,913$1,085,560$857,208$2,166,601
42$2,422,279$1,090,444$837,617$2,321,374
43$2,619,522$1,094,046$815,847$2,490,307
44$2,835,314$1,096,255$791,778$2,674,812
45$3,071,497$1,096,953$765,284$2,876,445
46$3,330,102$1,096,015$736,233$3,096,921
47$3,613,361$1,093,308$704,485$3,338,130
48$3,923,735$1,088,692$669,897$3,602,155
49$4,263,935$1,082,016$632,318$3,891,290
50$4,636,944$1,073,123$591,588$4,208,065
51$5,046,051$1,061,844$547,544$4,555,266
52$5,494,874$1,048,001$500,013$4,935,966
53$5,987,402$1,031,404$448,815$5,353,549
54$6,528,028$1,011,854$393,761$5,811,745
55$7,121,590$989,138$334,655$6,314,667
56$7,773,418$963,031$271,292$6,866,845
57$8,489,383$933,296$203,457$7,473,273
58$9,275,954$899,681$130,926$8,139,455
59$10,140,255$861,920$53,466$8,871,456
60$11,090,137$819,730$0$9,675,961
61$12,134,248$772,813$0$10,562,209
62$13,282,114$720,854$0$11,540,224
63$14,544,234$663,520$0$12,615,546
64$15,932,171$600,458$0$13,798,057
65$17,458,667$531,295$0$15,098,646
66$19,137,761$455,638$0$16,529,314
67$20,984,918$373,070$0$18,103,286
68$23,017,181$283,152$0$19,835,137
69$25,253,328$185,420$0$21,740,929
70$27,714,045$79,383$0$23,838,362
71$30,422,129$0$0$26,146,945
72$33,402,697$0$0$28,694,420
73$36,683,425$0$0$31,513,860
74$40,294,807$0$0$34,617,501
75$44,270,445$0$0$38,034,224
76$48,647,363$0$0$41,795,853
77$53,466,358$0$0$45,937,455
78$58,772,386$0$0$50,497,671
79$64,614,981$0$0$55,519,080
80$71,048,727$0$0$61,048,597
81$78,133,769$0$0$67,137,922
82$85,936,386$0$0$73,844,022
83$94,529,608$0$0$81,229,673
84$103,993,911$0$0$89,364,048
85$114,417,975$0$0$98,323,370
86$125,899,520$0$0$108,191,636
87$138,546,226$0$0$119,061,401
88$152,476,751$0$0$131,034,661
89$167,821,853$0$0$144,223,807
90$184,725,618$0$0$158,752,689
91$203,346,825$0$0$174,757,787
92$223,860,439$0$0$192,389,492
93$246,459,267$0$0$211,813,533
94$271,355,775$0$0$233,212,536
95$298,784,093$0$0$256,787,749
96$329,002,225$0$0$282,760,941
97$362,294,485$0$0$311,376,495
98$398,974,178$0$0$342,903,715
99$439,386,557$0$0$377,639,366
100$483,912,085$0$0$415,910,477