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%12.6%
1 years$76,386$75,705$75,041$74,393$73,761$72,960
2 years$37,815$37,110$36,428$35,766$35,124$34,318
3 years$24,959$24,252$23,571$22,916$22,284$21,498
4 years$18,533$17,828$17,154$16,509$15,893$15,132
5 years$14,678$13,977$13,312$12,681$12,082$11,349
6 years$12,109$11,413$10,758$10,141$9,560$8,855
7 years$10,275$9,585$8,940$8,337$7,775$7,099
8 years$8,900$8,216$7,582$6,994$6,450$5,803
9 years$7,831$7,154$6,530$5,957$5,432$4,814
10 years$6,976$6,306$5,693$5,135$4,628$4,039
11 years$6,277$5,613$5,012$4,469$3,980$3,419
12 years$5,695$5,038$4,448$3,920$3,449$2,915
13 years$5,203$4,553$3,974$3,461$3,008$2,500
14 years$4,782$4,139$3,571$3,072$2,637$2,155
15 years$4,417$3,781$3,224$2,740$2,322$1,865
16 years$4,098$3,469$2,923$2,453$2,052$1,619
17 years$3,817$3,195$2,660$2,204$1,819$1,410
18 years$3,567$2,952$2,428$1,986$1,618$1,231
19 years$3,344$2,736$2,223$1,795$1,442$1,077
20 years$3,144$2,542$2,040$1,626$1,288$944
21 years$2,963$2,368$1,876$1,475$1,152$829
22 years$2,798$2,211$1,729$1,341$1,033$729
23 years$2,648$2,067$1,597$1,222$927$642
24 years$2,511$1,937$1,477$1,114$833$566
25 years$2,385$1,818$1,368$1,018$750$499
26 years$2,269$1,708$1,269$930$676$440
27 years$2,161$1,608$1,178$852$609$389
28 years$2,062$1,515$1,095$780$550$344
29 years$1,969$1,429$1,019$716$496$304
30 years$1,883$1,350$949$657$448$269
31 years$1,802$1,276$885$603$405$238
32 years$1,727$1,207$826$554$367$211
33 years$1,657$1,143$771$510$332$187
34 years$1,590$1,084$720$469$300$166
35 years$1,528$1,028$673$432$272$147
36 years$1,469$976$630$398$247$130
37 years$1,414$927$590$366$223$115
38 years$1,361$881$552$338$203$102
39 years$1,312$837$517$311$184$91
40 years$1,265$797$485$287$167$80
41 years$1,220$758$455$265$151$71
42 years$1,178$722$426$245$137$63
43 years$1,137$688$400$226$125$56
44 years$1,099$656$376$208$113$50
45 years$1,062$626$353$192$103$44
46 years$1,028$597$331$178$93$39
47 years$994$569$311$164$85$35
48 years$963$544$292$152$77$31
49 years$932$519$275$140$70$28
50 years$903$496$258$130$63$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $925,000, adding $4,132 every year, while hoping to spend $32,803 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: 80/12/8 Blend
29$925,000$925,000$925,000$925,000
30$1,023,612$974,587$960,250$1,104,107
31$1,093,118$987,440$957,516$1,170,306
32$1,168,615$999,823$953,591$1,238,197
33$1,250,678$1,011,678$948,401$1,311,710
34$1,339,942$1,022,945$941,867$1,391,388
35$1,437,104$1,033,558$933,907$1,477,833
36$1,542,932$1,043,445$924,437$1,571,705
37$1,658,271$1,052,534$913,365$1,673,732
38$1,784,049$1,060,743$900,598$1,784,716
39$1,921,292$1,067,989$886,037$1,905,540
40$2,071,124$1,074,181$869,580$2,037,177
41$2,234,785$1,079,222$851,117$2,180,701
42$2,413,641$1,083,012$830,538$2,337,290
43$2,609,194$1,085,441$807,722$2,508,248
44$2,823,098$1,086,393$782,547$2,695,008
45$3,057,174$1,085,748$754,883$2,899,150
46$3,313,430$1,083,373$724,595$3,122,415
47$3,594,072$1,079,131$691,542$3,366,721
48$3,901,535$1,072,876$655,576$3,634,181
49$4,238,496$1,064,451$616,542$3,927,126
50$4,607,906$1,053,692$574,279$4,248,122
51$5,013,013$1,040,424$528,619$4,599,999
52$5,457,398$1,024,462$479,384$4,985,872
53$5,945,000$1,005,609$426,392$5,409,178
54$6,480,163$983,656$369,449$5,873,702
55$7,067,669$958,385$308,355$6,383,618
56$7,712,787$929,561$242,900$6,943,522
57$8,421,319$896,937$172,865$7,558,482
58$9,199,659$860,253$98,021$8,234,082
59$10,054,849$819,230$18,130$8,976,478
60$10,994,649$773,578$0$9,792,452
61$12,027,607$722,986$0$10,695,209
62$13,163,138$667,128$0$11,689,283
63$14,411,618$605,657$0$12,782,226
64$15,784,476$538,208$0$13,984,070
65$17,294,307$464,394$0$15,305,868
66$18,954,985$383,808$0$16,759,801
67$20,781,796$296,018$0$18,359,292
68$22,791,585$200,568$0$20,119,131
69$25,002,908$96,978$0$22,055,620
70$27,436,214$0$0$24,186,720
71$30,114,032$0$0$26,534,242
72$33,061,186$0$0$29,132,003
73$36,305,028$0$0$31,991,311
74$39,875,698$0$0$35,138,734
75$43,806,404$0$0$38,603,551
76$48,133,739$0$0$42,418,020
77$52,898,023$0$0$46,617,687
78$58,143,686$0$0$51,241,721
79$63,919,683$0$0$56,333,281
80$70,279,960$0$0$61,939,924
81$77,283,960$0$0$68,114,055
82$84,997,184$0$0$74,913,420
83$93,491,810$0$0$82,401,650
84$102,847,374$0$0$90,648,861
85$113,151,515$0$0$99,732,319
86$124,500,811$0$0$109,737,164
87$137,001,682$0$0$120,757,215
88$150,771,399$0$0$132,895,858
89$165,939,186$0$0$146,267,016
90$182,647,444$0$0$160,996,230
91$201,053,092$0$0$177,221,838
92$221,329,048$0$0$195,096,284
93$243,665,860$0$0$214,787,554
94$268,273,507$0$0$236,480,765
95$295,383,375$0$0$260,379,907
96$325,250,449$0$0$286,709,771
97$358,155,710$0$0$315,718,072
98$394,408,794$0$0$347,677,783
99$434,350,910$0$0$382,889,713
100$478,358,064$0$0$421,685,347