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%18.4%
1 years$76,386$75,705$75,041$74,393$73,761$71,257
2 years$37,815$37,110$36,428$35,766$35,124$32,627
3 years$24,959$24,252$23,571$22,916$22,284$19,872
4 years$18,533$17,828$17,154$16,509$15,893$13,584
5 years$14,678$13,977$13,312$12,681$12,082$9,882
6 years$12,109$11,413$10,758$10,141$9,560$7,471
7 years$10,275$9,585$8,940$8,337$7,775$5,797
8 years$8,900$8,216$7,582$6,994$6,450$4,581
9 years$7,831$7,154$6,530$5,957$5,432$3,670
10 years$6,976$6,306$5,693$5,135$4,628$2,970
11 years$6,277$5,613$5,012$4,469$3,980$2,423
12 years$5,695$5,038$4,448$3,920$3,449$1,990
13 years$5,203$4,553$3,974$3,461$3,008$1,642
14 years$4,782$4,139$3,571$3,072$2,637$1,360
15 years$4,417$3,781$3,224$2,740$2,322$1,131
16 years$4,098$3,469$2,923$2,453$2,052$942
17 years$3,817$3,195$2,660$2,204$1,819$787
18 years$3,567$2,952$2,428$1,986$1,618$659
19 years$3,344$2,736$2,223$1,795$1,442$552
20 years$3,144$2,542$2,040$1,626$1,288$463
21 years$2,963$2,368$1,876$1,475$1,152$389
22 years$2,798$2,211$1,729$1,341$1,033$327
23 years$2,648$2,067$1,597$1,222$927$275
24 years$2,511$1,937$1,477$1,114$833$232
25 years$2,385$1,818$1,368$1,018$750$195
26 years$2,269$1,708$1,269$930$676$164
27 years$2,161$1,608$1,178$852$609$139
28 years$2,062$1,515$1,095$780$550$117
29 years$1,969$1,429$1,019$716$496$99
30 years$1,883$1,350$949$657$448$83
31 years$1,802$1,276$885$603$405$70
32 years$1,727$1,207$826$554$367$59
33 years$1,657$1,143$771$510$332$50
34 years$1,590$1,084$720$469$300$42
35 years$1,528$1,028$673$432$272$36
36 years$1,469$976$630$398$247$30
37 years$1,414$927$590$366$223$25
38 years$1,361$881$552$338$203$21
39 years$1,312$837$517$311$184$18
40 years$1,265$797$485$287$167$15
41 years$1,220$758$455$265$151$13
42 years$1,178$722$426$245$137$11
43 years$1,137$688$400$226$125$9
44 years$1,099$656$376$208$113$8
45 years$1,062$626$353$192$103$7
46 years$1,028$597$331$178$93$6
47 years$994$569$311$164$85$5
48 years$963$544$292$152$77$4
49 years$932$519$275$140$70$3
50 years$903$496$258$130$63$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $925,000, adding $4,961 every year, while hoping to spend $25,889 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: 65/7/28 Blend
29$925,000$925,000$925,000$925,000
30$1,024,467$975,442$961,105$1,083,172
31$1,101,417$995,693$965,756$1,143,709
32$1,185,348$1,016,069$969,696$1,206,533
33$1,276,946$1,036,548$972,872$1,274,638
34$1,376,962$1,057,107$975,232$1,348,546
35$1,486,229$1,077,721$976,718$1,428,832
36$1,605,658$1,098,363$977,272$1,516,133
37$1,736,255$1,119,004$976,831$1,611,148
38$1,879,129$1,139,610$975,330$1,714,650
39$2,035,497$1,160,149$972,701$1,827,489
40$2,206,703$1,180,581$968,872$1,950,605
41$2,394,225$1,200,868$963,767$2,085,030
42$2,599,691$1,220,966$957,308$2,231,905
43$2,824,894$1,240,827$949,413$2,392,489
44$3,071,809$1,260,404$939,994$2,568,165
45$3,342,611$1,279,640$928,961$2,760,463
46$3,639,695$1,298,480$916,218$2,971,066
47$3,965,700$1,316,862$901,668$3,201,832
48$4,323,532$1,334,719$885,204$3,454,807
49$4,716,393$1,351,981$866,719$3,732,248
50$5,147,809$1,368,572$846,099$4,036,642
51$5,621,666$1,384,412$823,223$4,370,733
52$6,142,242$1,399,415$797,968$4,737,543
53$6,714,253$1,413,489$770,202$5,140,405
54$7,342,893$1,426,536$739,790$5,582,992
55$8,033,883$1,438,451$706,588$6,069,356
56$8,793,528$1,449,124$670,447$6,603,959
57$9,628,772$1,458,435$631,212$7,191,723
58$10,547,268$1,466,260$588,718$7,838,073
59$11,557,446$1,472,463$542,797$8,548,989
60$12,668,594$1,476,902$493,269$9,331,061
61$13,890,946$1,479,426$439,949$10,191,557
62$15,235,778$1,479,874$382,643$11,138,484
63$16,715,514$1,478,074$321,148$12,180,670
64$18,343,842$1,473,845$255,252$13,327,847
65$20,135,844$1,466,994$184,734$14,590,740
66$22,108,140$1,457,317$109,362$15,981,171
67$24,279,042$1,444,596$28,897$17,512,172
68$26,668,725$1,428,602$0$19,198,105
69$29,299,422$1,409,091$0$21,071,824
70$32,195,631$1,385,804$0$23,144,075
71$35,384,344$1,358,468$0$25,425,532
72$38,895,306$1,326,792$0$27,937,477
73$42,761,292$1,290,469$0$30,703,365
74$47,018,416$1,249,175$0$33,749,039
75$51,706,475$1,202,564$0$37,102,981
76$56,869,319$1,150,273$0$40,796,572
77$62,555,269$1,091,917$0$44,864,397
78$68,817,573$1,027,087$0$49,344,565
79$75,714,905$955,353$0$54,279,072
80$83,311,919$876,260$0$59,714,197
81$91,679,863$789,325$0$65,700,938
82$100,897,246$694,039$0$72,295,492
83$111,050,582$589,864$0$79,559,790
84$122,235,206$476,231$0$87,562,077
85$134,556,172$352,541$0$96,377,558
86$148,129,245$218,159$0$106,089,108
87$163,081,994$72,415$0$116,788,056
88$179,554,996$0$0$128,575,043
89$197,703,161$0$0$141,567,554
90$217,697,196$0$0$155,887,794
91$239,725,214$0$0$171,664,929
92$263,994,512$0$0$189,047,444
93$290,733,524$0$0$208,198,966
94$320,193,979$0$0$229,299,806
95$352,653,279$0$0$252,548,666
96$388,417,112$0$0$278,164,508
97$427,822,341$0$0$306,388,625
98$471,240,185$0$0$337,486,920
99$519,079,717$0$0$371,752,411
100$571,791,733$0$0$409,507,999