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%18.4%
1 years$76,551$75,869$75,204$74,554$73,920$71,411
2 years$37,896$37,191$36,507$35,843$35,200$32,697
3 years$25,013$24,304$23,622$22,965$22,332$19,915
4 years$18,573$17,866$17,191$16,545$15,928$13,613
5 years$14,710$14,007$13,341$12,708$12,108$9,903
6 years$12,135$11,438$10,781$10,163$9,581$7,487
7 years$10,297$9,606$8,959$8,355$7,792$5,809
8 years$8,919$8,234$7,598$7,009$6,464$4,591
9 years$7,848$7,169$6,544$5,970$5,444$3,678
10 years$6,991$6,319$5,706$5,146$4,638$2,977
11 years$6,291$5,626$5,023$4,479$3,989$2,429
12 years$5,708$5,049$4,458$3,929$3,457$1,994
13 years$5,215$4,563$3,983$3,468$3,014$1,645
14 years$4,792$4,148$3,579$3,079$2,642$1,363
15 years$4,427$3,789$3,231$2,746$2,327$1,133
16 years$4,107$3,476$2,929$2,459$2,056$944
17 years$3,825$3,202$2,666$2,209$1,823$789
18 years$3,575$2,958$2,433$1,991$1,621$660
19 years$3,352$2,742$2,228$1,799$1,445$553
20 years$3,151$2,548$2,044$1,629$1,291$464
21 years$2,969$2,373$1,880$1,479$1,155$390
22 years$2,804$2,215$1,733$1,344$1,035$328
23 years$2,654$2,072$1,600$1,224$929$276
24 years$2,516$1,941$1,480$1,117$835$232
25 years$2,390$1,822$1,371$1,020$752$196
26 years$2,273$1,712$1,271$932$677$165
27 years$2,166$1,611$1,180$854$610$139
28 years$2,066$1,518$1,097$782$551$117
29 years$1,973$1,432$1,021$717$497$99
30 years$1,887$1,353$951$658$449$83
31 years$1,806$1,279$887$604$406$70
32 years$1,731$1,210$827$555$368$59
33 years$1,660$1,146$773$511$333$50
34 years$1,594$1,086$722$470$301$42
35 years$1,531$1,030$675$433$273$36
36 years$1,472$978$631$398$247$30
37 years$1,417$929$591$367$224$25
38 years$1,364$883$553$338$203$21
39 years$1,314$839$518$312$184$18
40 years$1,267$798$486$288$167$15
41 years$1,223$760$456$266$152$13
42 years$1,180$724$427$245$137$11
43 years$1,140$690$401$226$125$9
44 years$1,101$657$376$209$113$8
45 years$1,065$627$353$193$103$7
46 years$1,030$598$332$178$93$6
47 years$997$571$312$165$85$5
48 years$965$545$293$152$77$4
49 years$934$520$276$141$70$3
50 years$905$497$259$130$64$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $927,000, adding $2,362 every year, while hoping to spend $26,788 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: 76/17/7 Blend
29$927,000$927,000$927,000$927,000
30$1,023,990$974,859$960,491$1,100,731
31$1,099,935$994,125$964,165$1,170,766
32$1,182,729$1,013,437$967,065$1,243,840
33$1,273,041$1,032,770$969,135$1,323,158
34$1,371,609$1,052,094$970,320$1,409,327
35$1,479,247$1,071,380$970,559$1,503,019
36$1,596,847$1,090,594$969,789$1,604,972
37$1,725,394$1,109,702$967,946$1,715,999
38$1,865,971$1,128,664$964,959$1,836,996
39$2,019,771$1,147,440$960,756$1,968,949
40$2,188,109$1,165,985$955,262$2,112,946
41$2,372,430$1,184,253$948,397$2,270,185
42$2,574,327$1,202,191$940,078$2,441,983
43$2,795,555$1,219,745$930,218$2,629,794
44$3,038,046$1,236,856$918,724$2,835,220
45$3,303,927$1,253,463$905,502$3,060,024
46$3,595,542$1,269,497$890,451$3,306,150
47$3,915,472$1,284,887$873,466$3,575,740
48$4,266,560$1,299,557$854,437$3,871,153
49$4,651,939$1,313,424$833,250$4,194,989
50$5,075,056$1,326,402$809,784$4,550,114
51$5,539,714$1,338,397$783,913$4,939,684
52$6,050,096$1,349,310$755,506$5,367,178
53$6,610,816$1,359,037$724,425$5,836,430
54$7,226,953$1,367,463$690,527$6,351,664
55$7,904,104$1,374,470$653,662$6,917,535
56$8,648,434$1,379,931$613,671$7,539,174
57$9,466,737$1,383,710$570,391$8,222,233
58$10,366,495$1,385,663$523,650$8,972,943
59$11,355,954$1,385,637$473,269$9,798,169
60$12,444,199$1,383,471$419,061$10,705,476
61$13,641,238$1,378,991$360,830$11,703,203
62$14,958,098$1,372,016$298,372$12,800,538
63$16,406,930$1,362,350$231,473$14,007,607
64$18,001,120$1,349,789$159,911$15,335,570
65$19,755,419$1,334,113$83,453$16,796,724
66$21,686,080$1,315,093$1,856$18,404,623
67$23,811,010$1,292,482$0$20,174,204
68$26,149,940$1,266,021$0$22,128,290
69$28,724,613$1,235,435$0$24,279,221
70$31,558,985$1,200,433$0$26,646,868
71$34,679,453$1,160,706$0$29,253,286
72$38,115,105$1,115,928$0$32,122,777
73$41,897,991$1,065,754$0$35,282,124
74$46,063,429$1,009,819$0$38,760,838
75$50,650,335$947,736$0$42,591,446
76$55,701,590$879,096$0$46,809,789
77$61,264,449$803,469$0$51,455,365
78$67,390,980$720,396$0$56,571,703
79$74,138,561$629,396$0$62,206,769
80$81,570,416$529,958$0$68,413,427
81$89,756,216$421,544$0$75,249,930
82$98,772,736$303,585$0$82,780,477
83$108,704,574$175,480$0$91,075,814
84$119,644,955$36,593$0$100,213,906
85$131,696,610$0$0$110,280,672
86$144,972,741$0$0$121,392,073
87$159,598,094$0$0$133,640,296
88$175,710,135$0$0$147,133,624
89$193,460,345$0$0$161,998,925
90$213,015,651$0$0$178,376,003
91$234,560,002$0$0$196,418,919
92$258,296,104$0$0$216,297,442
93$284,447,336$0$0$238,198,653
94$313,259,851$0$0$262,328,713
95$345,004,907$0$0$288,914,804
96$379,981,425$0$0$318,207,275
97$418,518,807$0$0$350,482,008
98$460,980,049$0$0$386,043,018
99$507,765,167$0$0$425,225,324
100$559,314,968$0$0$468,398,112