Can I retire at age 30 with 926,000?

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 $926,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$76,468$75,787$75,123$74,474$73,841$71,563
2 years$37,856$37,151$36,467$35,805$35,162$32,887
3 years$24,986$24,278$23,597$22,940$22,308$20,108
4 years$18,553$17,847$17,172$16,527$15,910$13,801
5 years$14,694$13,992$13,326$12,695$12,095$10,082
6 years$12,122$11,426$10,770$10,152$9,570$7,656
7 years$10,286$9,595$8,950$8,346$7,783$5,967
8 years$8,909$8,225$7,590$7,002$6,457$4,738
9 years$7,839$7,161$6,537$5,964$5,438$3,814
10 years$6,984$6,312$5,699$5,141$4,633$3,103
11 years$6,284$5,620$5,018$4,474$3,985$2,545
12 years$5,701$5,044$4,453$3,924$3,453$2,100
13 years$5,209$4,558$3,978$3,465$3,011$1,743
14 years$4,787$4,143$3,575$3,076$2,640$1,452
15 years$4,422$3,785$3,227$2,743$2,324$1,213
16 years$4,103$3,473$2,926$2,456$2,054$1,017
17 years$3,821$3,198$2,663$2,207$1,821$855
18 years$3,571$2,955$2,431$1,989$1,619$719
19 years$3,348$2,739$2,225$1,797$1,443$607
20 years$3,147$2,545$2,042$1,627$1,289$512
21 years$2,966$2,371$1,878$1,477$1,154$433
22 years$2,801$2,213$1,731$1,343$1,034$366
23 years$2,651$2,070$1,598$1,223$928$310
24 years$2,514$1,939$1,478$1,115$834$263
25 years$2,387$1,820$1,369$1,019$751$223
26 years$2,271$1,710$1,270$931$676$189
27 years$2,164$1,610$1,179$853$610$160
28 years$2,064$1,517$1,096$781$550$136
29 years$1,971$1,431$1,020$716$497$115
30 years$1,885$1,351$950$657$449$98
31 years$1,804$1,277$886$604$406$83
32 years$1,729$1,209$827$555$367$71
33 years$1,658$1,145$772$510$332$60
34 years$1,592$1,085$721$469$301$51
35 years$1,530$1,029$674$432$272$43
36 years$1,471$977$631$398$247$37
37 years$1,415$928$590$367$224$31
38 years$1,363$882$553$338$203$27
39 years$1,313$838$518$312$184$23
40 years$1,266$798$485$287$167$19
41 years$1,221$759$455$265$151$16
42 years$1,179$723$427$245$137$14
43 years$1,139$689$401$226$125$12
44 years$1,100$657$376$209$113$10
45 years$1,064$626$353$193$103$9
46 years$1,029$597$332$178$93$7
47 years$995$570$312$164$85$6
48 years$964$544$293$152$77$5
49 years$933$520$275$140$70$4
50 years$904$496$259$130$63$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $926,000, adding $3,115 every year, while hoping to spend $39,246 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: 84/6/10 Blend
29$926,000$926,000$926,000$926,000
30$1,023,665$974,587$960,234$1,107,872
31$1,086,322$980,584$950,645$1,169,394
32$1,154,054$985,560$939,418$1,231,366
33$1,227,337$989,423$926,459$1,298,232
34$1,306,697$992,076$911,666$1,370,460
35$1,392,707$993,415$894,935$1,448,566
36$1,486,001$993,330$876,153$1,533,117
37$1,587,276$991,706$855,206$1,624,739
38$1,697,295$988,417$831,974$1,724,120
39$1,816,903$983,333$806,328$1,832,018
40$1,947,025$976,314$778,138$1,949,269
41$2,088,680$967,212$747,264$2,076,793
42$2,242,991$955,871$713,563$2,215,603
43$2,411,191$942,123$676,882$2,366,816
44$2,594,639$925,794$637,065$2,531,663
45$2,794,831$906,696$593,944$2,711,499
46$3,013,411$884,632$547,349$2,907,817
47$3,252,192$859,392$497,098$3,122,262
48$3,513,168$830,755$443,004$3,356,648
49$3,798,535$798,486$384,868$3,612,972
50$4,110,711$762,337$322,487$3,893,436
51$4,452,357$722,045$255,644$4,200,466
52$4,826,406$677,334$184,116$4,536,733
53$5,236,085$627,908$107,670$4,905,185
54$5,684,949$573,459$26,059$5,309,067
55$6,176,912$513,657$0$5,751,957
56$6,716,287$448,156$0$6,244,307
57$7,307,822$376,589$0$6,787,343
58$7,956,747$298,570$0$7,383,096
59$8,668,824$213,688$0$8,036,874
60$9,450,398$121,513$0$8,754,524
61$10,308,460$21,588$0$9,542,489
62$11,250,708$0$0$10,407,864
63$12,285,625$0$0$11,364,185
64$13,422,556$0$0$12,416,355
65$14,671,793$0$0$13,572,477
66$16,044,676$0$0$14,843,047
67$17,553,699$0$0$16,239,630
68$19,212,625$0$0$17,774,966
69$21,036,618$0$0$19,463,091
70$23,042,383$0$0$21,319,471
71$25,248,327$0$0$23,361,142
72$27,674,730$0$0$25,606,876
73$30,343,935$0$0$28,077,357
74$33,280,559$0$0$30,795,372
75$36,511,728$0$0$33,786,029
76$40,067,328$0$0$37,076,994
77$43,980,288$0$0$40,698,748
78$48,286,891$0$0$44,684,878
79$53,027,118$0$0$49,072,391
80$58,245,019$0$0$53,902,064
81$63,989,134$0$0$59,218,829
82$70,312,946$0$0$65,072,195
83$77,275,391$0$0$71,516,716
84$84,941,407$0$0$78,612,503
85$93,382,549$0$0$86,425,794
86$102,677,668$0$0$95,029,577
87$112,913,647$0$0$104,504,280
88$124,186,225$0$0$114,938,526
89$136,600,902$0$0$126,429,970
90$150,273,927$0$0$139,086,226
91$165,333,403$0$0$153,025,872
92$181,920,488$0$0$168,379,576
93$200,190,733$0$0$185,291,329
94$220,315,545$0$0$203,919,796
95$242,483,807$0$0$224,439,823
96$266,903,658$0$0$247,044,079
97$293,804,458$0$0$271,944,878
98$323,438,954$0$0$299,376,181
99$356,085,662$0$0$329,595,804
100$392,051,495$0$0$362,887,852