Can I retire at age 30 with 933,000?

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 $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%15.7%
1 years$77,046$76,360$75,690$75,037$74,399$72,659
2 years$38,142$37,431$36,743$36,075$35,428$33,685
3 years$25,175$24,462$23,775$23,114$22,477$20,786
4 years$18,693$17,982$17,302$16,652$16,031$14,404
5 years$14,805$14,098$13,427$12,791$12,186$10,628
6 years$12,214$11,512$10,851$10,229$9,643$8,155
7 years$10,364$9,668$9,017$8,410$7,842$6,425
8 years$8,977$8,287$7,647$7,055$6,506$5,159
9 years$7,898$7,215$6,587$6,009$5,479$4,201
10 years$7,036$6,360$5,742$5,180$4,668$3,458
11 years$6,332$5,662$5,056$4,508$4,015$2,871
12 years$5,745$5,082$4,487$3,954$3,479$2,399
13 years$5,248$4,593$4,009$3,491$3,034$2,016
14 years$4,823$4,175$3,602$3,099$2,659$1,702
15 years$4,455$3,814$3,252$2,764$2,342$1,442
16 years$4,134$3,499$2,948$2,474$2,070$1,225
17 years$3,850$3,222$2,683$2,223$1,835$1,044
18 years$3,598$2,978$2,449$2,004$1,632$891
19 years$3,373$2,760$2,242$1,810$1,454$762
20 years$3,171$2,564$2,058$1,640$1,299$653
21 years$2,988$2,389$1,893$1,488$1,162$560
22 years$2,822$2,230$1,744$1,353$1,042$481
23 years$2,671$2,085$1,611$1,232$935$413
24 years$2,533$1,954$1,490$1,124$841$355
25 years$2,405$1,834$1,380$1,026$756$306
26 years$2,288$1,723$1,279$938$681$263
27 years$2,180$1,622$1,188$859$614$227
28 years$2,079$1,528$1,105$787$554$196
29 years$1,986$1,442$1,028$722$501$169
30 years$1,899$1,362$957$662$452$145
31 years$1,818$1,287$893$608$409$125
32 years$1,742$1,218$833$559$370$108
33 years$1,671$1,153$778$514$335$93
34 years$1,604$1,093$727$473$303$81
35 years$1,541$1,037$679$435$275$70
36 years$1,482$984$635$401$249$60
37 years$1,426$935$595$370$225$52
38 years$1,373$888$557$341$204$45
39 years$1,323$845$522$314$185$39
40 years$1,276$804$489$290$168$34
41 years$1,231$765$459$267$153$29
42 years$1,188$728$430$247$138$25
43 years$1,147$694$404$228$126$22
44 years$1,109$662$379$210$114$19
45 years$1,072$631$356$194$103$16
46 years$1,037$602$334$179$94$14
47 years$1,003$574$314$166$85$12
48 years$971$548$295$153$77$10
49 years$940$524$277$141$70$9
50 years$911$500$261$131$64$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $933,000, adding $6,473 every year, while hoping to spend $40,033 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: 33/45/22 Blend
29$933,000$933,000$933,000$933,000
30$1,034,843$985,394$970,932$1,061,826
31$1,097,802$991,083$960,864$1,088,226
32$1,165,841$995,710$949,116$1,112,567
33$1,239,437$999,179$935,591$1,137,980
34$1,319,111$1,001,391$920,185$1,164,586
35$1,405,440$1,002,238$902,791$1,192,518
36$1,499,055$1,001,608$883,295$1,221,928
37$1,600,652$999,381$861,579$1,252,984
38$1,710,996$995,428$837,519$1,285,877
39$1,830,928$989,614$810,986$1,320,820
40$1,961,373$981,796$781,845$1,358,050
41$2,103,350$971,821$749,954$1,397,833
42$2,257,979$959,527$715,164$1,440,468
43$2,426,493$944,744$677,323$1,486,286
44$2,610,249$927,290$636,266$1,535,660
45$2,810,740$906,973$591,827$1,589,002
46$3,029,610$883,589$543,827$1,646,774
47$3,268,668$856,922$492,083$1,709,492
48$3,529,906$826,746$436,402$1,777,728
49$3,815,517$792,817$376,582$1,852,119
50$4,127,915$754,880$312,413$1,933,376
51$4,469,759$712,667$243,676$2,022,288
52$4,843,977$665,890$170,141$2,119,732
53$5,253,791$614,247$91,570$2,226,685
54$5,702,752$557,419$7,711$2,344,229
55$6,194,769$495,069$0$2,473,568
56$6,734,147$426,838$0$2,635,234
57$7,325,628$352,352$0$2,814,692
58$7,974,435$271,210$0$3,011,841
59$8,686,321$182,993$0$3,228,572
60$9,467,621$87,255$0$3,466,982
61$10,325,316$0$0$3,729,385
62$11,267,094$0$0$4,026,500
63$12,301,424$0$0$4,400,412
64$13,437,635$0$0$4,811,303
65$14,686,007$0$0$5,262,910
66$16,057,861$0$0$5,759,347
67$17,565,671$0$0$6,305,150
68$19,223,180$0$0$6,905,312
69$21,045,528$0$0$7,565,337
70$23,049,396$0$0$8,291,289
71$25,253,160$0$0$9,089,848
72$27,677,069$0$0$9,968,375
73$30,343,432$0$0$10,934,979
74$33,276,828$0$0$11,998,597
75$36,504,338$0$0$13,169,073
76$40,055,803$0$0$14,457,257
77$43,964,100$0$0$15,875,101
78$48,265,456$0$0$17,435,776
79$52,999,785$0$0$19,153,795
80$58,211,071$0$0$21,045,148
81$63,947,775$0$0$23,127,455
82$70,263,297$0$0$25,420,132
83$77,216,477$0$0$27,944,573
84$84,872,150$0$0$30,724,352
85$93,301,759$0$0$33,785,446
86$102,584,027$0$0$37,156,478
87$112,805,699$0$0$40,868,991
88$124,062,362$0$0$44,957,740
89$136,459,344$0$0$49,461,025
90$150,112,712$0$0$54,421,049
91$165,150,360$0$0$59,884,319
92$181,713,221$0$0$65,902,080
93$199,956,597$0$0$72,530,804
94$220,051,619$0$0$79,832,719
95$242,186,866$0$0$87,876,399
96$266,570,142$0$0$96,737,407
97$293,430,440$0$0$106,499,012
98$323,020,097$0$0$117,252,975
99$355,617,181$0$0$129,100,411
100$391,528,113$0$0$142,152,745