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%16.9%
1 years$77,046$76,360$75,690$75,037$74,399$72,307
2 years$38,142$37,431$36,743$36,075$35,428$33,337
3 years$25,175$24,462$23,775$23,114$22,477$20,451
4 years$18,693$17,982$17,302$16,652$16,031$14,087
5 years$14,805$14,098$13,427$12,791$12,186$10,329
6 years$12,214$11,512$10,851$10,229$9,643$7,873
7 years$10,364$9,668$9,017$8,410$7,842$6,161
8 years$8,977$8,287$7,647$7,055$6,506$4,912
9 years$7,898$7,215$6,587$6,009$5,479$3,971
10 years$7,036$6,360$5,742$5,180$4,668$3,245
11 years$6,332$5,662$5,056$4,508$4,015$2,673
12 years$5,745$5,082$4,487$3,954$3,479$2,217
13 years$5,248$4,593$4,009$3,491$3,034$1,848
14 years$4,823$4,175$3,602$3,099$2,659$1,547
15 years$4,455$3,814$3,252$2,764$2,342$1,299
16 years$4,134$3,499$2,948$2,474$2,070$1,095
17 years$3,850$3,222$2,683$2,223$1,835$924
18 years$3,598$2,978$2,449$2,004$1,632$782
19 years$3,373$2,760$2,242$1,810$1,454$663
20 years$3,171$2,564$2,058$1,640$1,299$563
21 years$2,988$2,389$1,893$1,488$1,162$478
22 years$2,822$2,230$1,744$1,353$1,042$407
23 years$2,671$2,085$1,611$1,232$935$346
24 years$2,533$1,954$1,490$1,124$841$295
25 years$2,405$1,834$1,380$1,026$756$252
26 years$2,288$1,723$1,279$938$681$215
27 years$2,180$1,622$1,188$859$614$183
28 years$2,079$1,528$1,105$787$554$156
29 years$1,986$1,442$1,028$722$501$133
30 years$1,899$1,362$957$662$452$114
31 years$1,818$1,287$893$608$409$97
32 years$1,742$1,218$833$559$370$83
33 years$1,671$1,153$778$514$335$71
34 years$1,604$1,093$727$473$303$61
35 years$1,541$1,037$679$435$275$52
36 years$1,482$984$635$401$249$44
37 years$1,426$935$595$370$225$38
38 years$1,373$888$557$341$204$32
39 years$1,323$845$522$314$185$28
40 years$1,276$804$489$290$168$24
41 years$1,231$765$459$267$153$20
42 years$1,188$728$430$247$138$17
43 years$1,147$694$404$228$126$15
44 years$1,109$662$379$210$114$13
45 years$1,072$631$356$194$103$11
46 years$1,037$602$334$179$94$9
47 years$1,003$574$314$166$85$8
48 years$971$548$295$153$77$7
49 years$940$524$277$141$70$6
50 years$911$500$261$131$64$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $933,000, adding $3,069 every year, while hoping to spend $47,422 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: 27/47/26 Blend
29$933,000$933,000$933,000$933,000
30$1,031,332$981,883$967,421$1,050,728
31$1,086,071$979,538$949,373$1,064,188
32$1,144,804$975,490$929,131$1,074,323
33$1,207,889$969,603$906,572$1,084,226
34$1,275,717$961,737$881,565$1,093,910
35$1,348,719$951,741$853,977$1,103,393
36$1,427,368$939,456$823,665$1,112,699
37$1,512,183$924,714$790,481$1,121,860
38$1,603,735$907,334$754,272$1,130,915
39$1,702,651$887,128$714,874$1,139,915
40$1,809,619$863,895$672,120$1,148,919
41$1,925,396$837,422$625,833$1,158,003
42$2,050,816$807,485$575,827$1,167,252
43$2,186,793$773,845$521,911$1,176,770
44$2,334,333$736,251$463,883$1,186,678
45$2,494,544$694,436$401,532$1,197,118
46$2,668,643$648,119$334,638$1,208,254
47$2,857,969$597,002$262,973$1,220,276
48$3,063,996$540,769$186,297$1,233,404
49$3,288,345$479,087$104,359$1,247,888
50$3,532,799$411,606$16,898$1,264,016
51$3,799,323$337,953$0$1,282,116
52$4,090,077$257,736$0$1,323,765
53$4,407,440$170,539$0$1,374,564
54$4,754,029$75,926$0$1,430,382
55$5,132,726$0$0$1,491,848
56$5,546,705$0$0$1,573,406
57$5,999,458$0$0$1,705,694
58$6,494,833$0$0$1,850,587
59$7,037,063$0$0$2,009,343
60$7,630,814$0$0$2,183,346
61$8,281,220$0$0$2,374,124
62$8,993,938$0$0$2,583,355
63$9,775,196$0$0$2,812,890
64$10,631,855$0$0$3,064,768
65$11,571,469$0$0$3,341,234
66$12,602,362$0$0$3,644,762
67$13,733,700$0$0$3,978,074
68$14,975,581$0$0$4,344,173
69$16,339,126$0$0$4,746,365
70$17,836,587$0$0$5,188,292
71$19,481,462$0$0$5,673,965
72$21,288,620$0$0$6,207,807
73$23,274,438$0$0$6,794,685
74$25,456,963$0$0$7,439,967
75$27,856,075$0$0$8,149,561
76$30,493,674$0$0$8,929,983
77$33,393,892$0$0$9,788,406
78$36,583,312$0$0$10,732,736
79$40,091,226$0$0$11,771,684
80$43,949,903$0$0$12,914,848
81$48,194,901$0$0$14,172,801
82$52,865,396$0$0$15,557,196
83$58,004,551$0$0$17,080,871
84$63,659,927$0$0$18,757,970
85$69,883,926$0$0$20,604,082
86$76,734,291$0$0$22,636,380
87$84,274,642$0$0$24,873,789
88$92,575,082$0$0$27,337,162
89$101,712,857$0$0$30,049,475
90$111,773,081$0$0$33,036,048
91$122,849,542$0$0$36,324,779
92$135,045,584$0$0$39,946,411
93$148,475,081$0$0$43,934,820
94$163,263,514$0$0$48,327,333
95$179,549,154$0$0$53,165,084
96$197,484,360$0$0$58,493,399
97$217,237,025$0$0$64,362,225
98$238,992,153$0$0$70,826,600
99$262,953,609$0$0$77,947,173
100$289,346,037$0$0$85,790,777