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%12%
1 years$76,468$75,787$75,123$74,474$73,841$73,222
2 years$37,856$37,151$36,467$35,805$35,162$34,539
3 years$24,986$24,278$23,597$22,940$22,308$21,699
4 years$18,553$17,847$17,172$16,527$15,910$15,321
5 years$14,694$13,992$13,326$12,695$12,095$11,526
6 years$12,122$11,426$10,770$10,152$9,570$9,023
7 years$10,286$9,595$8,950$8,346$7,783$7,258
8 years$8,909$8,225$7,590$7,002$6,457$5,953
9 years$7,839$7,161$6,537$5,964$5,438$4,956
10 years$6,984$6,312$5,699$5,141$4,633$4,172
11 years$6,284$5,620$5,018$4,474$3,985$3,545
12 years$5,701$5,044$4,453$3,924$3,453$3,034
13 years$5,209$4,558$3,978$3,465$3,011$2,612
14 years$4,787$4,143$3,575$3,076$2,640$2,260
15 years$4,422$3,785$3,227$2,743$2,324$1,964
16 years$4,103$3,473$2,926$2,456$2,054$1,713
17 years$3,821$3,198$2,663$2,207$1,821$1,498
18 years$3,571$2,955$2,431$1,989$1,619$1,313
19 years$3,348$2,739$2,225$1,797$1,443$1,154
20 years$3,147$2,545$2,042$1,627$1,289$1,016
21 years$2,966$2,371$1,878$1,477$1,154$896
22 years$2,801$2,213$1,731$1,343$1,034$792
23 years$2,651$2,070$1,598$1,223$928$700
24 years$2,514$1,939$1,478$1,115$834$620
25 years$2,387$1,820$1,369$1,019$751$549
26 years$2,271$1,710$1,270$931$676$487
27 years$2,164$1,610$1,179$853$610$432
28 years$2,064$1,517$1,096$781$550$384
29 years$1,971$1,431$1,020$716$497$341
30 years$1,885$1,351$950$657$449$303
31 years$1,804$1,277$886$604$406$270
32 years$1,729$1,209$827$555$367$240
33 years$1,658$1,145$772$510$332$214
34 years$1,592$1,085$721$469$301$190
35 years$1,530$1,029$674$432$272$170
36 years$1,471$977$631$398$247$151
37 years$1,415$928$590$367$224$135
38 years$1,363$882$553$338$203$120
39 years$1,313$838$518$312$184$107
40 years$1,266$798$485$287$167$95
41 years$1,221$759$455$265$151$85
42 years$1,179$723$427$245$137$76
43 years$1,139$689$401$226$125$68
44 years$1,100$657$376$209$113$60
45 years$1,064$626$353$193$103$54
46 years$1,029$597$332$178$93$48
47 years$995$570$312$164$85$43
48 years$964$544$293$152$77$38
49 years$933$520$275$140$70$34
50 years$904$496$259$130$63$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $926,000, adding $6,609 every year, while hoping to spend $29,992 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: 52/19/29 Blend
29$926,000$926,000$926,000$926,000
30$1,027,269$978,191$963,838$1,072,015
31$1,100,139$994,211$964,216$1,119,870
32$1,179,437$1,010,011$963,600$1,168,348
33$1,265,786$1,025,548$961,928$1,220,499
34$1,359,874$1,040,777$959,129$1,276,689
35$1,462,455$1,055,649$955,134$1,337,318
36$1,574,361$1,070,112$949,867$1,402,831
37$1,696,508$1,084,110$943,250$1,473,717
38$1,829,903$1,097,583$935,200$1,550,518
39$1,975,656$1,110,467$925,631$1,633,830
40$2,134,987$1,122,694$914,454$1,724,313
41$2,309,241$1,134,191$901,574$1,822,694
42$2,499,898$1,144,881$886,891$1,929,777
43$2,708,588$1,154,681$870,303$2,046,448
44$2,937,106$1,163,502$851,700$2,173,686
45$3,187,429$1,171,252$830,970$2,312,571
46$3,461,733$1,177,829$807,993$2,464,294
47$3,762,415$1,183,128$782,647$2,630,172
48$4,092,116$1,187,036$754,800$2,811,655
49$4,453,743$1,189,432$724,317$3,010,346
50$4,850,500$1,190,189$691,056$3,228,012
51$5,285,913$1,189,171$654,869$3,466,604
52$5,763,870$1,186,233$615,601$3,728,272
53$6,288,650$1,181,224$573,089$4,015,391
54$6,864,969$1,173,981$527,164$4,330,580
55$7,498,021$1,164,331$477,649$4,676,729
56$8,193,529$1,152,093$424,360$5,057,024
57$8,957,795$1,137,072$367,103$5,474,982
58$9,797,766$1,119,064$305,676$5,934,481
59$10,721,091$1,097,851$239,869$6,439,799
60$11,736,200$1,073,203$169,462$6,995,655
61$12,852,379$1,044,877$94,225$7,607,253
62$14,079,859$1,012,614$13,920$8,280,333
63$15,429,913$976,140$0$9,021,225
64$16,914,961$935,168$0$9,859,122
65$18,548,687$889,391$0$10,785,551
66$20,346,167$838,485$0$11,804,776
67$22,324,014$782,109$0$12,926,248
68$24,500,531$719,900$0$14,160,381
69$26,895,886$651,476$0$15,518,657
70$29,532,301$576,432$0$17,013,728
71$32,434,260$494,343$0$18,659,538
72$35,628,744$404,755$0$20,471,458
73$39,145,481$307,192$0$22,466,428
74$43,017,226$201,151$0$24,663,116
75$47,280,075$86,100$0$27,082,100
76$51,973,800$0$0$29,746,057
77$57,142,227$0$0$32,688,038
78$62,833,647$0$0$35,947,662
79$69,101,273$0$0$39,537,419
80$76,003,743$0$0$43,490,908
81$83,605,670$0$0$47,845,155
82$91,978,254$0$0$52,640,957
83$101,199,954$0$0$57,923,273
84$111,357,224$0$0$63,741,642
85$122,545,334$0$0$70,150,655
86$134,869,266$0$0$77,210,471
87$148,444,705$0$0$84,987,377
88$163,399,130$0$0$93,554,424
89$179,873,018$0$0$102,992,107
90$198,021,169$0$0$113,389,129
91$218,014,166$0$0$124,843,241
92$240,039,986$0$0$137,462,158
93$264,305,773$0$0$151,364,578
94$291,039,794$0$0$166,681,306
95$320,493,593$0$0$183,556,483
96$352,944,363$0$0$202,148,948
97$388,697,565$0$0$222,633,741
98$428,089,810$0$0$245,203,749
99$471,492,033$0$0$270,071,531
100$519,313,001$0$0$297,471,322