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%13.9%
1 years$76,468$75,787$75,123$74,474$73,841$72,647
2 years$37,856$37,151$36,467$35,805$35,162$33,963
3 years$24,986$24,278$23,597$22,940$22,308$21,141
4 years$18,553$17,847$17,172$16,527$15,910$14,784
5 years$14,694$13,992$13,326$12,695$12,095$11,012
6 years$12,122$11,426$10,770$10,152$9,570$8,533
7 years$10,286$9,595$8,950$8,346$7,783$6,791
8 years$8,909$8,225$7,590$7,002$6,457$5,510
9 years$7,839$7,161$6,537$5,964$5,438$4,536
10 years$6,984$6,312$5,699$5,141$4,633$3,775
11 years$6,284$5,620$5,018$4,474$3,985$3,170
12 years$5,701$5,044$4,453$3,924$3,453$2,680
13 years$5,209$4,558$3,978$3,465$3,011$2,279
14 years$4,787$4,143$3,575$3,076$2,640$1,948
15 years$4,422$3,785$3,227$2,743$2,324$1,671
16 years$4,103$3,473$2,926$2,456$2,054$1,438
17 years$3,821$3,198$2,663$2,207$1,821$1,241
18 years$3,571$2,955$2,431$1,989$1,619$1,073
19 years$3,348$2,739$2,225$1,797$1,443$930
20 years$3,147$2,545$2,042$1,627$1,289$808
21 years$2,966$2,371$1,878$1,477$1,154$702
22 years$2,801$2,213$1,731$1,343$1,034$611
23 years$2,651$2,070$1,598$1,223$928$533
24 years$2,514$1,939$1,478$1,115$834$465
25 years$2,387$1,820$1,369$1,019$751$406
26 years$2,271$1,710$1,270$931$676$354
27 years$2,164$1,610$1,179$853$610$310
28 years$2,064$1,517$1,096$781$550$271
29 years$1,971$1,431$1,020$716$497$237
30 years$1,885$1,351$950$657$449$208
31 years$1,804$1,277$886$604$406$182
32 years$1,729$1,209$827$555$367$159
33 years$1,658$1,145$772$510$332$140
34 years$1,592$1,085$721$469$301$122
35 years$1,530$1,029$674$432$272$107
36 years$1,471$977$631$398$247$94
37 years$1,415$928$590$367$224$82
38 years$1,363$882$553$338$203$72
39 years$1,313$838$518$312$184$63
40 years$1,266$798$485$287$167$56
41 years$1,221$759$455$265$151$49
42 years$1,179$723$427$245$137$43
43 years$1,139$689$401$226$125$38
44 years$1,100$657$376$209$113$33
45 years$1,064$626$353$193$103$29
46 years$1,029$597$332$178$93$25
47 years$995$570$312$164$85$22
48 years$964$544$293$152$77$20
49 years$933$520$275$140$70$17
50 years$904$496$259$130$63$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $926,000, adding $3,864 every year, while hoping to spend $31,163 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: 76/7/17 Blend
29$926,000$926,000$926,000$926,000
30$1,024,438$975,360$961,007$1,098,106
31$1,095,773$989,995$960,043$1,161,975
32$1,173,340$1,004,303$958,003$1,227,722
33$1,257,742$1,018,235$954,817$1,298,967
34$1,349,642$1,031,738$950,413$1,376,248
35$1,449,768$1,044,757$944,716$1,460,161
36$1,558,926$1,057,231$937,645$1,551,358
37$1,677,998$1,069,097$929,117$1,650,562
38$1,807,957$1,080,286$919,046$1,758,566
39$1,949,874$1,090,725$907,339$1,876,247
40$2,104,928$1,100,338$893,902$2,004,569
41$2,274,417$1,109,041$878,634$2,144,596
42$2,459,770$1,116,746$861,431$2,297,499
43$2,662,559$1,123,360$842,182$2,464,570
44$2,884,518$1,128,782$820,772$2,647,233
45$3,127,553$1,132,907$797,083$2,847,056
46$3,393,766$1,135,621$770,987$3,065,768
47$3,685,469$1,136,806$742,354$3,305,276
48$4,005,210$1,136,333$711,046$3,567,679
49$4,355,795$1,134,067$676,920$3,855,292
50$4,740,315$1,129,865$639,826$4,170,668
51$5,162,173$1,123,574$599,606$4,516,617
52$5,625,118$1,115,033$556,096$4,896,240
53$6,133,281$1,104,070$509,126$5,312,952
54$6,691,210$1,090,503$458,516$5,770,519
55$7,303,916$1,074,141$404,079$6,273,092
56$7,976,919$1,054,777$345,619$6,825,243
57$8,716,301$1,032,198$282,934$7,432,015
58$9,528,760$1,006,172$215,809$8,098,964
59$10,421,678$976,458$144,022$8,832,215
60$11,403,184$942,800$67,342$9,638,518
61$12,482,236$904,924$0$10,525,312
62$13,668,703$862,544$0$11,503,426
63$14,973,458$815,356$0$12,592,476
64$16,408,480$763,039$0$13,790,244
65$17,986,968$705,250$0$15,107,757
66$19,723,464$641,633$0$16,557,168
67$21,633,990$571,805$0$18,151,869
68$23,736,199$495,366$0$19,906,614
69$26,049,544$411,891$0$21,837,664
70$28,595,455$320,932$0$23,962,935
71$31,397,549$222,015$0$26,302,169
72$34,481,845$114,640$0$28,877,122
73$37,877,014$0$0$31,711,768
74$41,614,648$0$0$34,832,656
75$45,729,557$0$0$38,278,331
76$50,260,099$0$0$42,072,086
77$55,248,539$0$0$46,249,319
78$60,741,450$0$0$50,849,036
79$66,790,151$0$0$55,914,215
80$73,451,192$0$0$61,492,217
81$80,786,884$0$0$67,635,231
82$88,865,893$0$0$74,400,762
83$97,763,881$0$0$81,852,180
84$107,564,225$0$0$90,059,313
85$118,358,799$0$0$99,099,106
86$130,248,845$0$0$109,056,352
87$143,345,926$0$0$120,024,484
88$157,772,977$0$0$132,106,464
89$173,665,468$0$0$145,415,750
90$191,172,683$0$0$160,077,367
91$210,459,124$0$0$176,229,090
92$231,706,067$0$0$194,022,738
93$255,113,272$0$0$213,625,615
94$280,900,867$0$0$235,222,081
95$309,311,427$0$0$259,015,295
96$340,612,262$0$0$285,229,136
97$375,097,941$0$0$314,110,308
98$413,093,071$0$0$345,930,675
99$454,955,362$0$0$380,989,824
100$501,079,000$0$0$419,617,895