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%12.9%
1 years$77,046$76,360$75,690$75,037$74,399$73,500
2 years$38,142$37,431$36,743$36,075$35,428$34,523
3 years$25,175$24,462$23,775$23,114$22,477$21,594
4 years$18,693$17,982$17,302$16,652$16,031$15,177
5 years$14,805$14,098$13,427$12,791$12,186$11,365
6 years$12,214$11,512$10,851$10,229$9,643$8,854
7 years$10,364$9,668$9,017$8,410$7,842$7,086
8 years$8,977$8,287$7,647$7,055$6,506$5,782
9 years$7,898$7,215$6,587$6,009$5,479$4,788
10 years$7,036$6,360$5,742$5,180$4,668$4,010
11 years$6,332$5,662$5,056$4,508$4,015$3,388
12 years$5,745$5,082$4,487$3,954$3,479$2,883
13 years$5,248$4,593$4,009$3,491$3,034$2,468
14 years$4,823$4,175$3,602$3,099$2,659$2,123
15 years$4,455$3,814$3,252$2,764$2,342$1,833
16 years$4,134$3,499$2,948$2,474$2,070$1,589
17 years$3,850$3,222$2,683$2,223$1,835$1,381
18 years$3,598$2,978$2,449$2,004$1,632$1,203
19 years$3,373$2,760$2,242$1,810$1,454$1,050
20 years$3,171$2,564$2,058$1,640$1,299$919
21 years$2,988$2,389$1,893$1,488$1,162$805
22 years$2,822$2,230$1,744$1,353$1,042$706
23 years$2,671$2,085$1,611$1,232$935$620
24 years$2,533$1,954$1,490$1,124$841$545
25 years$2,405$1,834$1,380$1,026$756$480
26 years$2,288$1,723$1,279$938$681$422
27 years$2,180$1,622$1,188$859$614$372
28 years$2,079$1,528$1,105$787$554$328
29 years$1,986$1,442$1,028$722$501$290
30 years$1,899$1,362$957$662$452$256
31 years$1,818$1,287$893$608$409$226
32 years$1,742$1,218$833$559$370$199
33 years$1,671$1,153$778$514$335$176
34 years$1,604$1,093$727$473$303$156
35 years$1,541$1,037$679$435$275$138
36 years$1,482$984$635$401$249$122
37 years$1,426$935$595$370$225$108
38 years$1,373$888$557$341$204$95
39 years$1,323$845$522$314$185$84
40 years$1,276$804$489$290$168$75
41 years$1,231$765$459$267$153$66
42 years$1,188$728$430$247$138$58
43 years$1,147$694$404$228$126$52
44 years$1,109$662$379$210$114$46
45 years$1,072$631$356$194$103$41
46 years$1,037$602$334$179$94$36
47 years$1,003$574$314$166$85$32
48 years$971$548$295$153$77$28
49 years$940$524$277$141$70$25
50 years$911$500$261$131$64$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $933,000, adding $6,224 every year, while hoping to spend $49,710 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: 63/32/5 Blend
29$933,000$933,000$933,000$933,000
30$1,034,586$985,137$970,676$1,098,598
31$1,087,223$980,518$950,302$1,137,379
32$1,143,562$974,006$927,580$1,173,269
33$1,203,930$965,457$902,378$1,211,148
34$1,268,683$954,716$874,560$1,251,205
35$1,338,211$941,620$843,981$1,293,649
36$1,412,946$925,996$810,491$1,338,713
37$1,493,358$907,661$773,934$1,386,655
38$1,579,965$886,421$734,145$1,437,761
39$1,673,336$862,071$690,954$1,492,348
40$1,774,096$834,392$644,180$1,550,767
41$1,882,930$803,154$593,637$1,613,408
42$2,000,594$768,113$539,129$1,680,704
43$2,127,916$729,012$480,451$1,753,132
44$2,265,808$685,578$417,391$1,831,224
45$2,415,271$637,522$349,724$1,915,566
46$2,577,408$584,540$277,219$2,006,809
47$2,753,430$526,308$199,632$2,105,673
48$2,944,669$462,487$116,709$2,212,958
49$3,152,592$392,715$28,185$2,329,546
50$3,378,811$316,614$0$2,456,414
51$3,625,102$233,779$0$2,598,183
52$3,893,416$143,788$0$2,754,347
53$4,185,902$46,192$0$2,924,743
54$4,504,926$0$0$3,110,855
55$4,853,091$0$0$3,335,266
56$5,233,261$0$0$3,598,131
57$5,648,590$0$0$3,885,372
58$6,102,552$0$0$4,199,398
59$6,598,969$0$0$4,542,864
60$7,142,050$0$0$4,918,689
61$7,736,429$0$0$5,330,091
62$8,387,211$0$0$5,780,611
63$9,100,016$0$0$6,274,150
64$9,881,031$0$0$6,815,004
65$10,737,074$0$0$7,407,903
66$11,675,650$0$0$8,058,057
67$12,705,029$0$0$8,771,205
68$13,834,315$0$0$9,553,667
69$15,073,540$0$0$10,412,407
70$16,433,752$0$0$11,355,092
71$17,927,121$0$0$12,390,171
72$19,567,053$0$0$13,526,949
73$21,368,316$0$0$14,775,678
74$23,347,179$0$0$16,147,649
75$25,521,564$0$0$17,655,304
76$27,911,214$0$0$19,312,349
77$30,537,882$0$0$21,133,883
78$33,425,531$0$0$23,136,541
79$36,600,564$0$0$25,338,651
80$40,092,067$0$0$27,760,404
81$43,932,088$0$0$30,424,049
82$48,155,936$0$0$33,354,096
83$52,802,514$0$0$36,577,552
84$57,914,685$0$0$40,124,173
85$63,539,676$0$0$44,026,743
86$69,729,524$0$0$48,321,388
87$76,541,564$0$0$53,047,910
88$84,038,970$0$0$58,250,167
89$92,291,351$0$0$63,976,481
90$101,375,409$0$0$70,280,101
91$111,375,656$0$0$77,219,697
92$122,385,216$0$0$84,859,920
93$134,506,703$0$0$93,272,005
94$147,853,185$0$0$102,534,449
95$162,549,252$0$0$112,733,747
96$178,732,192$0$0$123,965,207
97$196,553,283$0$0$136,333,854
98$216,179,224$0$0$149,955,415
99$237,793,702$0$0$164,957,413
100$261,599,129$0$0$181,480,372