Can I retire at age 30 with 927,000?

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 $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%13.6%
1 years$76,551$75,869$75,204$74,554$73,920$72,816
2 years$37,896$37,191$36,507$35,843$35,200$34,090
3 years$25,013$24,304$23,622$22,965$22,332$21,251
4 years$18,573$17,866$17,191$16,545$15,928$14,883
5 years$14,710$14,007$13,341$12,708$12,108$11,104
6 years$12,135$11,438$10,781$10,163$9,581$8,617
7 years$10,297$9,606$8,959$8,355$7,792$6,870
8 years$8,919$8,234$7,598$7,009$6,464$5,584
9 years$7,848$7,169$6,544$5,970$5,444$4,605
10 years$6,991$6,319$5,706$5,146$4,638$3,840
11 years$6,291$5,626$5,023$4,479$3,989$3,230
12 years$5,708$5,049$4,458$3,929$3,457$2,736
13 years$5,215$4,563$3,983$3,468$3,014$2,332
14 years$4,792$4,148$3,579$3,079$2,642$1,996
15 years$4,427$3,789$3,231$2,746$2,327$1,716
16 years$4,107$3,476$2,929$2,459$2,056$1,480
17 years$3,825$3,202$2,666$2,209$1,823$1,280
18 years$3,575$2,958$2,433$1,991$1,621$1,109
19 years$3,352$2,742$2,228$1,799$1,445$964
20 years$3,151$2,548$2,044$1,629$1,291$838
21 years$2,969$2,373$1,880$1,479$1,155$731
22 years$2,804$2,215$1,733$1,344$1,035$638
23 years$2,654$2,072$1,600$1,224$929$557
24 years$2,516$1,941$1,480$1,117$835$487
25 years$2,390$1,822$1,371$1,020$752$426
26 years$2,273$1,712$1,271$932$677$373
27 years$2,166$1,611$1,180$854$610$327
28 years$2,066$1,518$1,097$782$551$287
29 years$1,973$1,432$1,021$717$497$252
30 years$1,887$1,353$951$658$449$221
31 years$1,806$1,279$887$604$406$194
32 years$1,731$1,210$827$555$368$170
33 years$1,660$1,146$773$511$333$150
34 years$1,594$1,086$722$470$301$131
35 years$1,531$1,030$675$433$273$115
36 years$1,472$978$631$398$247$102
37 years$1,417$929$591$367$224$89
38 years$1,364$883$553$338$203$78
39 years$1,314$839$518$312$184$69
40 years$1,267$798$486$288$167$61
41 years$1,223$760$456$266$152$53
42 years$1,180$724$427$245$137$47
43 years$1,140$690$401$226$125$41
44 years$1,101$657$376$209$113$36
45 years$1,065$627$353$193$103$32
46 years$1,030$598$332$178$93$28
47 years$997$571$312$165$85$25
48 years$965$545$293$152$77$22
49 years$934$520$276$141$70$19
50 years$905$497$259$130$64$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $927,000, adding $4,654 every year, while hoping to spend $31,150 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: 70/14/16 Blend
29$927,000$927,000$927,000$927,000
30$1,026,355$977,224$962,855$1,094,061
31$1,097,899$991,964$961,967$1,154,442
32$1,175,698$1,006,383$960,006$1,216,336
33$1,260,355$1,020,432$956,902$1,283,280
34$1,352,536$1,034,058$952,583$1,355,769
35$1,452,973$1,047,206$946,974$1,434,345
36$1,562,474$1,059,816$939,994$1,519,611
37$1,681,924$1,071,825$931,562$1,612,226
38$1,812,301$1,083,165$921,590$1,712,920
39$1,954,679$1,093,763$909,987$1,822,497
40$2,110,242$1,103,543$896,657$1,941,842
41$2,280,292$1,112,422$881,500$2,071,931
42$2,466,263$1,120,312$864,411$2,213,841
43$2,669,735$1,127,120$845,282$2,368,759
44$2,892,446$1,132,747$823,998$2,537,992
45$3,136,311$1,137,088$800,437$2,722,982
46$3,403,439$1,140,029$774,476$2,925,318
47$3,696,152$1,141,452$745,983$3,146,753
48$4,017,006$1,141,230$714,820$3,389,218
49$4,368,819$1,139,229$680,845$3,654,842
50$4,754,692$1,135,305$643,907$3,945,973
51$5,178,042$1,129,306$603,849$4,265,197
52$5,642,633$1,121,072$560,508$4,615,369
53$6,152,609$1,110,433$513,713$4,999,632
54$6,712,537$1,097,206$463,285$5,421,452
55$7,327,448$1,081,201$409,037$5,884,651
56$8,002,882$1,062,214$350,773$6,393,441
57$8,744,943$1,040,029$288,291$6,952,467
58$9,560,356$1,014,420$221,378$7,566,846
59$10,456,529$985,143$149,811$8,242,222
60$11,441,623$951,944$73,358$8,984,814
61$12,524,631$914,551$0$9,801,479
62$13,715,459$872,680$0$10,701,181
63$15,025,020$826,026$0$11,704,302
64$16,465,341$774,269$0$12,807,534
65$18,049,668$717,071$0$14,021,047
66$19,792,600$654,073$0$15,356,048
67$21,710,220$584,898$0$16,824,888
68$23,820,249$509,144$0$18,441,178
69$26,142,211$426,389$0$20,219,918
70$28,697,621$336,187$0$22,177,637
71$31,510,184$238,065$0$24,332,551
72$34,606,018$131,525$0$26,704,736
73$38,013,903$16,042$0$29,316,314
74$41,765,552$0$0$32,191,668
75$45,895,908$0$0$35,374,447
76$50,443,473$0$0$38,881,505
77$55,450,675$0$0$42,743,097
78$60,964,264$0$0$46,995,285
79$67,035,753$0$0$51,677,806
80$73,721,908$0$0$56,834,449
81$81,085,279$0$0$62,513,462
82$89,194,791$0$0$68,768,015
83$98,126,397$0$0$75,656,695
84$107,963,789$0$0$83,244,061
85$118,799,192$0$0$91,601,257
86$130,734,234$0$0$100,806,674
87$143,880,903$0$0$110,946,701
88$158,362,603$0$0$122,116,528
89$174,315,320$0$0$134,421,056
90$191,888,906$0$0$147,975,878
91$211,248,490$0$0$162,908,374
92$232,576,040$0$0$179,358,912
93$256,072,077$0$0$197,482,172
94$281,957,568$0$0$217,448,607
95$310,476,012$0$0$239,446,051
96$341,895,738$0$0$263,681,491
97$376,512,439$0$0$290,383,022
98$414,651,959$0$0$319,801,999
99$456,673,369$0$0$352,215,409
100$502,972,362$0$0$387,928,485