Can I retire at age 30 with 925,000?

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 $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%16%
1 years$76,386$75,705$75,041$74,393$73,761$71,948
2 years$37,815$37,110$36,428$35,766$35,124$33,309
3 years$24,959$24,252$23,571$22,916$22,284$20,524
4 years$18,533$17,828$17,154$16,509$15,893$14,201
5 years$14,678$13,977$13,312$12,681$12,082$10,462
6 years$12,109$11,413$10,758$10,141$9,560$8,014
7 years$10,275$9,585$8,940$8,337$7,775$6,304
8 years$8,900$8,216$7,582$6,994$6,450$5,053
9 years$7,831$7,154$6,530$5,957$5,432$4,107
10 years$6,976$6,306$5,693$5,135$4,628$3,374
11 years$6,277$5,613$5,012$4,469$3,980$2,796
12 years$5,695$5,038$4,448$3,920$3,449$2,332
13 years$5,203$4,553$3,974$3,461$3,008$1,956
14 years$4,782$4,139$3,571$3,072$2,637$1,647
15 years$4,417$3,781$3,224$2,740$2,322$1,393
16 years$4,098$3,469$2,923$2,453$2,052$1,181
17 years$3,817$3,195$2,660$2,204$1,819$1,004
18 years$3,567$2,952$2,428$1,986$1,618$855
19 years$3,344$2,736$2,223$1,795$1,442$730
20 years$3,144$2,542$2,040$1,626$1,288$624
21 years$2,963$2,368$1,876$1,475$1,152$534
22 years$2,798$2,211$1,729$1,341$1,033$457
23 years$2,648$2,067$1,597$1,222$927$392
24 years$2,511$1,937$1,477$1,114$833$336
25 years$2,385$1,818$1,368$1,018$750$289
26 years$2,269$1,708$1,269$930$676$248
27 years$2,161$1,608$1,178$852$609$213
28 years$2,062$1,515$1,095$780$550$183
29 years$1,969$1,429$1,019$716$496$158
30 years$1,883$1,350$949$657$448$136
31 years$1,802$1,276$885$603$405$117
32 years$1,727$1,207$826$554$367$101
33 years$1,657$1,143$771$510$332$87
34 years$1,590$1,084$720$469$300$75
35 years$1,528$1,028$673$432$272$64
36 years$1,469$976$630$398$247$55
37 years$1,414$927$590$366$223$48
38 years$1,361$881$552$338$203$41
39 years$1,312$837$517$311$184$35
40 years$1,265$797$485$287$167$30
41 years$1,220$758$455$265$151$26
42 years$1,178$722$426$245$137$23
43 years$1,137$688$400$226$125$20
44 years$1,099$656$376$208$113$17
45 years$1,062$626$353$192$103$14
46 years$1,028$597$331$178$93$12
47 years$994$569$311$164$85$11
48 years$963$544$292$152$77$9
49 years$932$519$275$140$70$8
50 years$903$496$258$130$63$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $925,000, adding $5,102 every year, while hoping to spend $48,554 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: 73/7/20 Blend
29$925,000$925,000$925,000$925,000
30$1,024,613$975,588$961,250$1,094,143
31$1,077,462$971,730$941,791$1,137,168
32$1,134,075$966,057$920,053$1,177,938
33$1,194,784$958,427$895,907$1,221,367
34$1,259,953$948,691$869,222$1,267,708
35$1,329,984$936,692$839,856$1,317,246
36$1,405,315$922,264$807,665$1,370,289
37$1,486,431$905,228$772,495$1,427,183
38$1,573,859$885,397$734,186$1,488,307
39$1,668,184$862,572$692,572$1,554,081
40$1,770,044$836,543$647,479$1,624,968
41$1,880,143$807,088$598,723$1,701,479
42$1,999,252$773,970$546,116$1,784,180
43$2,128,222$736,941$489,457$1,873,694
44$2,267,986$695,736$428,538$1,970,711
45$2,419,570$650,077$363,144$2,075,990
46$2,584,103$599,668$293,047$2,190,373
47$2,762,828$544,198$218,010$2,314,786
48$2,957,110$483,337$137,787$2,450,253
49$3,168,452$416,737$52,119$2,597,904
50$3,398,506$344,029$0$2,758,986
51$3,649,092$264,826$0$2,943,265
52$3,922,212$178,715$0$3,156,287
53$4,220,070$85,264$0$3,388,658
54$4,545,089$0$0$3,642,295
55$4,899,939$0$0$3,920,540
56$5,287,558$0$0$4,231,695
57$5,711,181$0$0$4,571,791
58$6,174,369$0$0$4,943,695
59$6,681,042$0$0$5,350,558
60$7,235,518$0$0$5,795,853
61$7,842,550$0$0$6,283,404
62$8,507,373$0$0$6,817,421
63$9,235,752$0$0$7,402,540
64$10,034,035$0$0$8,043,869
65$10,909,215$0$0$8,747,030
66$11,868,992$0$0$9,518,219
67$12,921,848$0$0$10,364,257
68$14,077,125$0$0$11,292,659
69$15,345,113$0$0$12,311,703
70$16,737,149$0$0$13,430,506
71$18,265,717$0$0$14,659,111
72$19,944,572$0$0$16,008,583
73$21,788,867$0$0$17,491,109
74$23,815,293$0$0$19,120,117
75$26,042,240$0$0$20,910,399
76$28,489,965$0$0$22,878,251
77$31,180,788$0$0$25,041,626
78$34,139,298$0$0$27,420,303
79$37,392,585$0$0$30,036,076
80$40,970,496$0$0$32,912,952
81$44,905,916$0$0$36,077,385
82$49,235,076$0$0$39,558,521
83$53,997,896$0$0$43,388,472
84$59,238,361$0$0$47,602,620
85$65,004,932$0$0$52,239,950
86$71,351,008$0$0$57,343,415
87$78,335,424$0$0$62,960,347
88$86,023,009$0$0$69,142,894
89$94,485,195$0$0$75,948,520
90$103,800,691$0$0$83,440,541
91$114,056,224$0$0$91,688,724
92$125,347,359$0$0$100,769,945
93$137,779,399$0$0$110,768,913
94$151,468,374$0$0$121,778,969
95$166,542,143$0$0$133,902,968
96$183,141,591$0$0$147,254,245
97$201,421,967$0$0$161,957,686
98$221,554,338$0$0$178,150,910
99$243,727,212$0$0$195,985,558
100$268,148,311$0$0$215,628,733