Can I retire at age 30 with 926,000?

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 $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%15.9%
1 years$76,468$75,787$75,123$74,474$73,841$72,055
2 years$37,856$37,151$36,467$35,805$35,162$33,374
3 years$24,986$24,278$23,597$22,940$22,308$20,574
4 years$18,553$17,847$17,172$16,527$15,910$14,243
5 years$14,694$13,992$13,326$12,695$12,095$10,498
6 years$12,122$11,426$10,770$10,152$9,570$8,047
7 years$10,286$9,595$8,950$8,346$7,783$6,333
8 years$8,909$8,225$7,590$7,002$6,457$5,079
9 years$7,839$7,161$6,537$5,964$5,438$4,131
10 years$6,984$6,312$5,699$5,141$4,633$3,396
11 years$6,284$5,620$5,018$4,474$3,985$2,816
12 years$5,701$5,044$4,453$3,924$3,453$2,350
13 years$5,209$4,558$3,978$3,465$3,011$1,972
14 years$4,787$4,143$3,575$3,076$2,640$1,662
15 years$4,422$3,785$3,227$2,743$2,324$1,406
16 years$4,103$3,473$2,926$2,456$2,054$1,193
17 years$3,821$3,198$2,663$2,207$1,821$1,015
18 years$3,571$2,955$2,431$1,989$1,619$865
19 years$3,348$2,739$2,225$1,797$1,443$739
20 years$3,147$2,545$2,042$1,627$1,289$632
21 years$2,966$2,371$1,878$1,477$1,154$541
22 years$2,801$2,213$1,731$1,343$1,034$464
23 years$2,651$2,070$1,598$1,223$928$398
24 years$2,514$1,939$1,478$1,115$834$342
25 years$2,387$1,820$1,369$1,019$751$294
26 years$2,271$1,710$1,270$931$676$253
27 years$2,164$1,610$1,179$853$610$217
28 years$2,064$1,517$1,096$781$550$187
29 years$1,971$1,431$1,020$716$497$161
30 years$1,885$1,351$950$657$449$139
31 years$1,804$1,277$886$604$406$119
32 years$1,729$1,209$827$555$367$103
33 years$1,658$1,145$772$510$332$89
34 years$1,592$1,085$721$469$301$76
35 years$1,530$1,029$674$432$272$66
36 years$1,471$977$631$398$247$57
37 years$1,415$928$590$367$224$49
38 years$1,363$882$553$338$203$42
39 years$1,313$838$518$312$184$36
40 years$1,266$798$485$287$167$31
41 years$1,221$759$455$265$151$27
42 years$1,179$723$427$245$137$23
43 years$1,139$689$401$226$125$20
44 years$1,100$657$376$209$113$17
45 years$1,064$626$353$193$103$15
46 years$1,029$597$332$178$93$13
47 years$995$570$312$164$85$11
48 years$964$544$293$152$77$10
49 years$933$520$275$140$70$8
50 years$904$496$259$130$63$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $926,000, adding $4,968 every year, while hoping to spend $50,436 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: 70/24/6 Blend
29$926,000$926,000$926,000$926,000
30$1,025,576$976,498$962,145$1,096,199
31$1,076,522$970,683$940,714$1,137,712
32$1,130,973$962,893$916,874$1,176,420
33$1,189,235$952,977$890,492$1,217,380
34$1,251,641$940,777$861,427$1,260,799
35$1,318,557$926,124$829,533$1,306,909
36$1,390,384$908,839$794,658$1,355,966
37$1,467,565$888,733$756,640$1,408,251
38$1,550,581$865,606$715,312$1,464,078
39$1,639,965$839,245$670,500$1,523,792
40$1,736,300$809,426$622,020$1,587,776
41$1,840,226$775,911$569,681$1,656,452
42$1,952,447$738,450$513,284$1,730,287
43$2,073,737$696,774$452,619$1,809,799
44$2,204,947$650,605$387,470$1,895,560
45$2,347,010$599,643$317,609$1,988,200
46$2,500,954$543,574$242,798$2,088,420
47$2,667,908$482,066$162,789$2,196,991
48$2,849,116$414,768$77,323$2,314,768
49$3,045,942$341,309$0$2,442,695
50$3,259,891$261,296$0$2,582,704
51$3,492,615$174,314$0$2,740,400
52$3,745,934$79,928$0$2,912,120
53$4,021,849$0$0$3,099,293
54$4,322,564$0$0$3,309,391
55$4,650,501$0$0$3,561,573
56$5,008,329$0$0$3,836,788
57$5,398,986$0$0$4,137,302
58$5,825,704$0$0$4,465,606
59$6,292,041$0$0$4,824,446
60$6,801,916$0$0$5,216,843
61$7,359,644$0$0$5,646,124
62$7,969,973$0$0$6,115,952
63$8,638,135$0$0$6,630,362
64$9,369,889$0$0$7,193,794
65$10,171,578$0$0$7,811,142
66$11,050,187$0$0$8,487,791
67$12,013,409$0$0$9,229,677
68$13,069,717$0$0$10,043,332
69$14,228,442$0$0$10,935,956
70$15,499,865$0$0$11,915,476
71$16,895,307$0$0$12,990,624
72$18,427,239$0$0$14,171,020
73$20,109,399$0$0$15,467,261
74$21,956,921$0$0$16,891,017
75$23,986,476$0$0$18,455,150
76$26,216,428$0$0$20,173,822
77$28,667,011$0$0$22,062,642
78$31,360,513$0$0$24,138,800
79$34,321,491$0$0$26,421,238
80$37,576,998$0$0$28,930,824
81$41,156,839$0$0$31,690,547
82$45,093,855$0$0$34,725,740
83$49,424,226$0$0$38,064,308
84$54,187,815$0$0$41,737,002
85$59,428,542$0$0$45,777,700
86$65,194,802$0$0$50,223,730
87$71,539,913$0$0$55,116,221
88$78,522,625$0$0$60,500,491
89$86,207,672$0$0$66,426,472
90$94,666,380$0$0$72,949,184
91$103,977,340$0$0$80,129,250
92$114,227,149$0$0$88,033,469
93$125,511,229$0$0$96,735,446
94$137,934,722$0$0$106,316,285
95$151,613,484$0$0$116,865,355
96$166,675,176$0$0$128,481,132
97$183,260,470$0$0$141,272,126
98$201,524,373$0$0$155,357,909
99$221,637,692$0$0$170,870,236
100$243,788,641$0$0$187,954,294