Can I retire at age 30 with 927,000?

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 $927,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$76,551$75,869$75,204$74,554$73,920$72,786
2 years$37,896$37,191$36,507$35,843$35,200$34,060
3 years$25,013$24,304$23,622$22,965$22,332$21,222
4 years$18,573$17,866$17,191$16,545$15,928$14,855
5 years$14,710$14,007$13,341$12,708$12,108$11,077
6 years$12,135$11,438$10,781$10,163$9,581$8,592
7 years$10,297$9,606$8,959$8,355$7,792$6,846
8 years$8,919$8,234$7,598$7,009$6,464$5,561
9 years$7,848$7,169$6,544$5,970$5,444$4,583
10 years$6,991$6,319$5,706$5,146$4,638$3,819
11 years$6,291$5,626$5,023$4,479$3,989$3,211
12 years$5,708$5,049$4,458$3,929$3,457$2,719
13 years$5,215$4,563$3,983$3,468$3,014$2,315
14 years$4,792$4,148$3,579$3,079$2,642$1,981
15 years$4,427$3,789$3,231$2,746$2,327$1,701
16 years$4,107$3,476$2,929$2,459$2,056$1,466
17 years$3,825$3,202$2,666$2,209$1,823$1,267
18 years$3,575$2,958$2,433$1,991$1,621$1,098
19 years$3,352$2,742$2,228$1,799$1,445$953
20 years$3,151$2,548$2,044$1,629$1,291$828
21 years$2,969$2,373$1,880$1,479$1,155$721
22 years$2,804$2,215$1,733$1,344$1,035$629
23 years$2,654$2,072$1,600$1,224$929$549
24 years$2,516$1,941$1,480$1,117$835$480
25 years$2,390$1,822$1,371$1,020$752$419
26 years$2,273$1,712$1,271$932$677$367
27 years$2,166$1,611$1,180$854$610$321
28 years$2,066$1,518$1,097$782$551$282
29 years$1,973$1,432$1,021$717$497$247
30 years$1,887$1,353$951$658$449$216
31 years$1,806$1,279$887$604$406$190
32 years$1,731$1,210$827$555$368$167
33 years$1,660$1,146$773$511$333$146
34 years$1,594$1,086$722$470$301$128
35 years$1,531$1,030$675$433$273$113
36 years$1,472$978$631$398$247$99
37 years$1,417$929$591$367$224$87
38 years$1,364$883$553$338$203$76
39 years$1,314$839$518$312$184$67
40 years$1,267$798$486$288$167$59
41 years$1,223$760$456$266$152$52
42 years$1,180$724$427$245$137$46
43 years$1,140$690$401$226$125$40
44 years$1,101$657$376$209$113$35
45 years$1,065$627$353$193$103$31
46 years$1,030$598$332$178$93$27
47 years$997$571$312$165$85$24
48 years$965$545$293$152$77$21
49 years$934$520$276$141$70$19
50 years$905$497$259$130$64$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $927,000, adding $3,839 every year, while hoping to spend $55,743 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: 65/21/14 Blend
29$927,000$927,000$927,000$927,000
30$1,025,514$976,383$962,014$1,088,535
31$1,070,806$964,916$934,932$1,119,676
32$1,118,850$951,018$905,074$1,146,860
33$1,169,867$934,512$872,288$1,175,180
34$1,224,100$915,210$836,416$1,204,747
35$1,281,815$892,912$797,293$1,235,681
36$1,343,301$867,406$754,743$1,268,121
37$1,408,877$838,468$708,587$1,302,217
38$1,478,892$805,862$658,633$1,338,141
39$1,553,727$769,337$604,685$1,376,082
40$1,633,801$728,628$546,536$1,416,252
41$1,719,572$683,455$483,969$1,458,887
42$1,811,545$633,520$416,758$1,504,249
43$1,910,270$578,511$344,667$1,552,631
44$2,016,356$518,096$267,451$1,604,359
45$2,130,466$451,924$184,853$1,659,795
46$2,253,331$379,626$96,603$1,719,342
47$2,385,753$300,810$2,422$1,783,449
48$2,528,614$215,064$0$1,852,613
49$2,682,881$121,951$0$1,942,040
50$2,849,618$21,010$0$2,039,030
51$3,029,995$0$0$2,143,953
52$3,225,297$0$0$2,278,007
53$3,436,935$0$0$2,428,587
54$3,666,465$0$0$2,591,950
55$3,915,594$0$0$2,769,320
56$4,186,201$0$0$2,962,040
57$4,480,353$0$0$3,171,590
58$4,800,325$0$0$3,399,599
59$5,148,617$0$0$3,647,856
60$5,527,984$0$0$3,918,333
61$5,941,452$0$0$4,213,198
62$6,392,358$0$0$4,534,838
63$6,884,370$0$0$4,885,879
64$7,421,526$0$0$5,269,215
65$8,008,273$0$0$5,688,027
66$8,649,506$0$0$6,145,820
67$9,350,613$0$0$6,646,454
68$10,117,527$0$0$7,194,175
69$10,956,780$0$0$7,793,663
70$11,875,566$0$0$8,450,067
71$12,881,805$0$0$9,169,059
72$13,984,222$0$0$9,956,888
73$15,192,421$0$0$10,820,431
74$16,516,985$0$0$11,767,265
75$17,969,564$0$0$12,805,737
76$19,562,993$0$0$13,945,035
77$21,311,409$0$0$15,195,286
78$23,230,382$0$0$16,567,639
79$25,337,065$0$0$18,074,379
80$27,650,351$0$0$19,729,037
81$30,191,053$0$0$21,546,519
82$32,982,097$0$0$23,543,245
83$36,048,742$0$0$25,737,305
84$39,418,813$0$0$28,148,628
85$43,122,964$0$0$30,799,169
86$47,194,966$0$0$33,713,115
87$51,672,026$0$0$36,917,115
88$56,595,137$0$0$40,440,529
89$62,009,460$0$0$44,315,704
90$67,964,756$0$0$48,578,280
91$74,515,847$0$0$53,267,523
92$81,723,138$0$0$58,426,697
93$89,653,183$0$0$64,103,474
94$98,379,313$0$0$70,350,375
95$107,982,325$0$0$77,225,272
96$118,551,246$0$0$84,791,933
97$130,184,172$0$0$93,120,618
98$142,989,187$0$0$102,288,746
99$157,085,391$0$0$112,381,623
100$172,604,013$0$0$123,493,245