Can I retire at age 30 with 933,000?

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 $933,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$77,046$76,360$75,690$75,037$74,399$72,017
2 years$38,142$37,431$36,743$36,075$35,428$33,051
3 years$25,175$24,462$23,775$23,114$22,477$20,178
4 years$18,693$17,982$17,302$16,652$16,031$13,828
5 years$14,805$14,098$13,427$12,791$12,186$10,086
6 years$12,214$11,512$10,851$10,229$9,643$7,647
7 years$10,364$9,668$9,017$8,410$7,842$5,950
8 years$8,977$8,287$7,647$7,055$6,506$4,716
9 years$7,898$7,215$6,587$6,009$5,479$3,790
10 years$7,036$6,360$5,742$5,180$4,668$3,077
11 years$6,332$5,662$5,056$4,508$4,015$2,518
12 years$5,745$5,082$4,487$3,954$3,479$2,075
13 years$5,248$4,593$4,009$3,491$3,034$1,718
14 years$4,823$4,175$3,602$3,099$2,659$1,428
15 years$4,455$3,814$3,252$2,764$2,342$1,191
16 years$4,134$3,499$2,948$2,474$2,070$996
17 years$3,850$3,222$2,683$2,223$1,835$835
18 years$3,598$2,978$2,449$2,004$1,632$702
19 years$3,373$2,760$2,242$1,810$1,454$590
20 years$3,171$2,564$2,058$1,640$1,299$497
21 years$2,988$2,389$1,893$1,488$1,162$419
22 years$2,822$2,230$1,744$1,353$1,042$354
23 years$2,671$2,085$1,611$1,232$935$299
24 years$2,533$1,954$1,490$1,124$841$253
25 years$2,405$1,834$1,380$1,026$756$214
26 years$2,288$1,723$1,279$938$681$181
27 years$2,180$1,622$1,188$859$614$153
28 years$2,079$1,528$1,105$787$554$129
29 years$1,986$1,442$1,028$722$501$110
30 years$1,899$1,362$957$662$452$93
31 years$1,818$1,287$893$608$409$79
32 years$1,742$1,218$833$559$370$67
33 years$1,671$1,153$778$514$335$57
34 years$1,604$1,093$727$473$303$48
35 years$1,541$1,037$679$435$275$41
36 years$1,482$984$635$401$249$34
37 years$1,426$935$595$370$225$29
38 years$1,373$888$557$341$204$25
39 years$1,323$845$522$314$185$21
40 years$1,276$804$489$290$168$18
41 years$1,231$765$459$267$153$15
42 years$1,188$728$430$247$138$13
43 years$1,147$694$404$228$126$11
44 years$1,109$662$379$210$114$9
45 years$1,072$631$356$194$103$8
46 years$1,037$602$334$179$94$7
47 years$1,003$574$314$166$85$6
48 years$971$548$295$153$77$5
49 years$940$524$277$141$70$4
50 years$911$500$261$131$64$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $933,000, adding $5,628 every year, while hoping to spend $36,953 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: 48/23/29 Blend
29$933,000$933,000$933,000$933,000
30$1,033,971$984,522$970,061$1,074,801
31$1,100,119$993,446$963,240$1,113,055
32$1,171,775$1,001,569$954,952$1,150,521
33$1,249,462$1,008,812$945,110$1,190,501
34$1,333,755$1,015,092$933,619$1,233,253
35$1,425,288$1,020,321$920,385$1,279,059
36$1,524,754$1,024,404$905,305$1,328,237
37$1,632,920$1,027,241$888,273$1,381,133
38$1,750,627$1,028,724$869,180$1,438,135
39$1,878,801$1,028,742$847,907$1,499,670
40$2,018,462$1,027,174$824,335$1,566,213
41$2,170,731$1,023,891$798,336$1,638,287
42$2,336,842$1,018,758$769,777$1,716,474
43$2,518,155$1,011,632$738,520$1,801,415
44$2,716,164$1,002,360$704,418$1,893,822
45$2,932,518$990,780$667,320$1,994,481
46$3,169,027$976,721$627,068$2,104,263
47$3,427,688$960,000$583,495$2,224,128
48$3,710,698$940,427$536,428$2,355,143
49$4,020,477$917,795$485,686$2,498,482
50$4,359,689$891,890$431,080$2,655,446
51$4,731,268$862,484$372,412$2,827,474
52$5,138,445$829,333$309,476$3,016,154
53$5,584,779$792,183$242,055$3,223,243
54$6,074,188$750,762$169,926$3,450,680
55$6,610,990$704,783$92,853$3,700,611
56$7,199,938$653,945$10,591$3,975,402
57$7,846,270$597,926$0$4,277,671
58$8,555,753$536,389$0$4,634,194
59$9,334,743$468,975$0$5,029,326
60$10,190,238$395,306$0$5,463,397
61$11,129,949$314,983$0$5,940,387
62$12,162,370$227,583$0$6,464,688
63$13,296,859$132,662$0$7,041,142
64$14,543,725$29,749$0$7,675,086
65$15,914,325$0$0$8,372,408
66$17,421,170$0$0$9,160,266
67$19,078,047$0$0$10,034,960
68$20,900,142$0$0$10,996,994
69$22,904,190$0$0$12,055,217
70$25,108,625$0$0$13,219,379
71$27,533,762$0$0$14,500,224
72$30,201,980$0$0$15,909,588
73$33,137,939$0$0$17,460,512
74$36,368,811$0$0$19,167,367
75$39,924,531$0$0$21,045,987
76$43,838,087$0$0$23,113,818
77$48,145,825$0$0$25,390,084
78$52,887,794$0$0$27,895,966
79$58,108,123$0$0$30,654,806
80$63,855,439$0$0$33,692,321
81$70,183,319$0$0$37,036,850
82$77,150,804$0$0$40,719,620
83$84,822,949$0$0$44,775,040
84$93,271,440$0$0$49,241,028
85$102,575,268$0$0$54,159,362
86$112,821,476$0$0$59,576,082
87$124,105,979$0$0$65,541,921
88$136,534,467$0$0$72,112,781
89$150,223,406$0$0$79,350,265
90$165,301,133$0$0$87,322,254
91$181,909,069$0$0$96,103,552
92$200,203,052$0$0$105,776,587
93$220,354,808$0$0$116,432,190
94$242,553,571$0$0$128,170,457
95$267,007,868$0$0$141,101,686
96$293,947,490$0$0$155,347,422
97$323,625,655$0$0$171,041,605
98$356,321,401$0$0$188,331,829
99$392,342,221$0$0$207,380,741
100$432,026,959$0$0$228,367,574