Can I retire at age 30 with 932,000?

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 $932,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$76,964$76,278$75,609$74,956$74,319$71,711
2 years$38,101$37,391$36,704$36,037$35,390$32,789
3 years$25,148$24,436$23,750$23,089$22,453$19,942
4 years$18,673$17,963$17,284$16,634$16,014$13,611
5 years$14,789$14,083$13,413$12,777$12,173$9,886
6 years$12,201$11,500$10,840$10,218$9,632$7,462
7 years$10,353$9,658$9,008$8,401$7,834$5,780
8 years$8,967$8,278$7,639$7,047$6,499$4,560
9 years$7,890$7,208$6,580$6,002$5,473$3,646
10 years$7,029$6,353$5,736$5,174$4,663$2,945
11 years$6,325$5,656$5,050$4,503$4,010$2,398
12 years$5,738$5,076$4,482$3,950$3,475$1,965
13 years$5,243$4,588$4,004$3,487$3,031$1,618
14 years$4,818$4,170$3,598$3,095$2,657$1,338
15 years$4,450$3,809$3,248$2,761$2,339$1,110
16 years$4,129$3,495$2,945$2,472$2,067$923
17 years$3,846$3,219$2,680$2,221$1,833$769
18 years$3,594$2,974$2,446$2,001$1,630$642
19 years$3,370$2,757$2,240$1,809$1,453$537
20 years$3,168$2,562$2,055$1,638$1,298$449
21 years$2,985$2,386$1,891$1,487$1,161$377
22 years$2,819$2,227$1,742$1,352$1,041$316
23 years$2,668$2,083$1,609$1,231$934$265
24 years$2,530$1,952$1,488$1,123$840$223
25 years$2,403$1,832$1,378$1,025$756$187
26 years$2,286$1,721$1,278$937$681$157
27 years$2,178$1,620$1,187$858$614$132
28 years$2,077$1,527$1,103$786$554$111
29 years$1,984$1,440$1,027$721$500$94
30 years$1,897$1,360$956$662$452$79
31 years$1,816$1,286$892$608$408$66
32 years$1,740$1,217$832$558$369$56
33 years$1,669$1,152$777$514$334$47
34 years$1,602$1,092$726$473$303$40
35 years$1,539$1,036$679$435$274$33
36 years$1,480$983$635$401$248$28
37 years$1,424$934$594$369$225$24
38 years$1,372$887$556$340$204$20
39 years$1,322$844$521$314$185$17
40 years$1,274$803$489$289$168$14
41 years$1,229$764$458$267$152$12
42 years$1,187$728$430$246$138$10
43 years$1,146$693$403$227$125$8
44 years$1,107$661$379$210$114$7
45 years$1,071$630$355$194$103$6
46 years$1,035$601$334$179$94$5
47 years$1,002$574$314$166$85$4
48 years$970$548$295$153$77$4
49 years$939$523$277$141$70$3
50 years$910$500$260$131$64$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $932,000, adding $3,122 every year, while hoping to spend $51,476 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: 50/32/18 Blend
29$932,000$932,000$932,000$932,000
30$1,030,284$980,888$966,442$1,076,504
31$1,080,603$974,182$944,048$1,102,029
32$1,134,329$965,421$919,178$1,124,191
33$1,191,756$954,452$891,696$1,147,168
34$1,253,205$941,110$861,457$1,171,055
35$1,319,028$925,220$828,312$1,195,961
36$1,389,611$906,599$792,103$1,222,008
37$1,465,380$885,050$752,667$1,249,333
38$1,546,798$860,368$709,831$1,278,092
39$1,634,378$832,332$663,417$1,308,459
40$1,728,680$800,712$613,237$1,340,631
41$1,830,320$765,261$559,095$1,374,828
42$1,939,975$725,721$500,787$1,411,299
43$2,058,388$681,817$438,098$1,450,321
44$2,186,375$633,258$370,807$1,492,206
45$2,324,836$579,738$298,679$1,537,302
46$2,474,756$520,932$221,472$1,585,999
47$2,637,221$456,497$138,931$1,638,732
48$2,813,423$386,071$50,791$1,695,988
49$3,004,676$309,272$0$1,758,311
50$3,212,420$225,694$0$1,834,616
51$3,438,245$134,911$0$1,928,219
52$3,683,896$36,471$0$2,030,165
53$3,951,294$0$0$2,141,352
54$4,242,553$0$0$2,287,461
55$4,560,000$0$0$2,460,793
56$4,906,195$0$0$2,649,916
57$5,283,955$0$0$2,856,380
58$5,696,383$0$0$3,081,893
59$6,146,893$0$0$3,328,334
60$6,639,243$0$0$3,597,773
61$7,177,572$0$0$3,892,488
62$7,766,436$0$0$4,214,988
63$8,410,852$0$0$4,568,035
64$9,116,344$0$0$4,954,671
65$9,888,994$0$0$5,378,246
66$10,735,503$0$0$5,842,449
67$11,663,248$0$0$6,351,342
68$12,680,353$0$0$6,909,402
69$13,795,768$0$0$7,521,555
70$15,019,349$0$0$8,193,230
71$16,361,952$0$0$8,930,408
72$17,835,535$0$0$9,739,674
73$19,453,271$0$0$10,628,284
74$21,229,669$0$0$11,604,229
75$23,180,713$0$0$12,676,315
76$25,324,010$0$0$13,854,239
77$27,678,957$0$0$15,148,688
78$30,266,924$0$0$16,571,432
79$33,111,452$0$0$18,135,439
80$36,238,478$0$0$19,854,997
81$39,676,573$0$0$21,745,847
82$43,457,221$0$0$23,825,332
83$47,615,104$0$0$26,112,558
84$52,188,436$0$0$28,628,578
85$57,219,321$0$0$31,396,587
86$62,754,147$0$0$34,442,142
87$68,844,027$0$0$37,793,401
88$75,545,277$0$0$41,481,390
89$82,919,948$0$0$45,540,296
90$91,036,411$0$0$50,007,786
91$99,970,000$0$0$54,925,366
92$109,803,722$0$0$60,338,767
93$120,629,044$0$0$66,298,381
94$132,546,746$0$0$72,859,736
95$145,667,880$0$0$80,084,015
96$160,114,813$0$0$88,038,637
97$176,022,381$0$0$96,797,891
98$193,539,160$0$0$106,443,638
99$212,828,869$0$0$117,066,080
100$234,071,913$0$0$128,764,614