Can I retire at age 30 with 936,000?

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 $936,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$77,294$76,606$75,934$75,278$74,638$71,875
2 years$38,264$37,552$36,861$36,191$35,542$32,790
3 years$25,256$24,540$23,852$23,188$22,549$19,894
4 years$18,753$18,040$17,358$16,706$16,082$13,545
5 years$14,853$14,143$13,470$12,832$12,226$9,812
6 years$12,253$11,549$10,886$10,262$9,674$7,386
7 years$10,397$9,699$9,046$8,437$7,867$5,704
8 years$9,006$8,314$7,672$7,077$6,527$4,487
9 years$7,924$7,239$6,608$6,028$5,496$3,577
10 years$7,059$6,381$5,761$5,196$4,683$2,880
11 years$6,352$5,680$5,072$4,522$4,028$2,338
12 years$5,763$5,098$4,501$3,967$3,490$1,909
13 years$5,265$4,607$4,021$3,502$3,044$1,567
14 years$4,839$4,188$3,613$3,109$2,668$1,291
15 years$4,470$3,826$3,262$2,772$2,349$1,067
16 years$4,147$3,510$2,958$2,482$2,076$884
17 years$3,862$3,233$2,691$2,230$1,841$734
18 years$3,610$2,987$2,457$2,010$1,637$611
19 years$3,384$2,768$2,249$1,816$1,459$509
20 years$3,181$2,573$2,064$1,645$1,303$424
21 years$2,998$2,396$1,899$1,493$1,166$354
22 years$2,831$2,237$1,750$1,357$1,045$296
23 years$2,680$2,092$1,616$1,236$938$247
24 years$2,541$1,960$1,494$1,128$843$207
25 years$2,413$1,839$1,384$1,030$759$173
26 years$2,296$1,729$1,284$942$684$145
27 years$2,187$1,627$1,192$862$616$121
28 years$2,086$1,533$1,108$790$556$102
29 years$1,993$1,446$1,031$724$502$85
30 years$1,905$1,366$960$665$454$71
31 years$1,824$1,291$895$610$410$60
32 years$1,748$1,222$835$561$371$50
33 years$1,676$1,157$780$516$336$42
34 years$1,609$1,097$729$475$304$35
35 years$1,546$1,040$681$437$275$30
36 years$1,487$987$637$402$250$25
37 years$1,430$938$597$371$226$21
38 years$1,377$891$559$342$205$17
39 years$1,327$847$523$315$186$15
40 years$1,280$806$491$291$169$12
41 years$1,235$767$460$268$153$10
42 years$1,192$731$432$247$139$9
43 years$1,151$696$405$228$126$7
44 years$1,112$664$380$211$114$6
45 years$1,075$633$357$195$104$5
46 years$1,040$604$335$180$94$4
47 years$1,006$576$315$166$86$4
48 years$974$550$296$154$78$3
49 years$943$525$278$142$71$3
50 years$914$502$262$131$64$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $936,000, adding $4,744 every year, while hoping to spend $21,704 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: 23/49/28 Blend
29$936,000$936,000$936,000$936,000
30$1,036,365$986,757$972,249$1,050,952
31$1,118,982$1,012,016$981,727$1,089,208
32$1,209,298$1,037,784$990,794$1,128,010
33$1,308,075$1,064,065$999,415$1,169,092
34$1,416,154$1,090,859$1,007,551$1,212,657
35$1,534,459$1,118,169$1,015,161$1,258,927
36$1,664,008$1,145,992$1,022,203$1,308,149
37$1,805,920$1,174,330$1,028,630$1,360,592
38$1,961,432$1,203,180$1,034,397$1,416,556
39$2,131,902$1,232,540$1,039,454$1,476,369
40$2,318,828$1,262,406$1,043,747$1,540,395
41$2,523,859$1,292,774$1,047,223$1,609,032
42$2,748,810$1,323,638$1,049,823$1,682,721
43$2,995,684$1,354,992$1,051,487$1,761,950
44$3,266,684$1,386,826$1,052,152$1,847,252
45$3,564,236$1,419,131$1,051,750$1,939,221
46$3,891,017$1,451,897$1,050,211$2,038,507
47$4,249,970$1,485,110$1,047,463$2,145,830
48$4,644,342$1,518,755$1,043,428$2,261,982
49$5,077,707$1,552,816$1,038,026$2,387,837
50$5,554,004$1,587,276$1,031,171$2,524,360
51$6,077,573$1,622,112$1,022,775$2,672,615
52$6,653,193$1,657,303$1,012,745$2,833,775
53$7,286,130$1,692,823$1,000,984$3,009,133
54$7,982,188$1,728,644$987,390$3,200,116
55$8,747,760$1,764,736$971,856$3,408,298
56$9,589,889$1,801,065$954,270$3,635,416
57$10,516,335$1,837,595$934,516$3,883,383
58$11,535,650$1,874,285$912,471$4,154,311
59$12,657,254$1,911,093$888,006$4,450,528
60$13,891,528$1,947,971$860,989$4,774,603
61$15,249,910$1,984,868$831,278$5,129,368
62$16,745,003$2,021,728$798,728$5,517,946
63$18,390,692$2,058,492$763,184$5,943,782
64$20,202,279$2,095,095$724,488$6,410,675
65$22,196,624$2,131,467$682,470$6,922,813
66$24,392,304$2,167,533$636,957$7,484,817
67$26,809,790$2,203,213$587,766$8,101,780
68$29,471,637$2,238,419$534,705$8,779,320
69$32,402,701$2,273,059$477,575$9,523,630
70$35,630,370$2,307,032$416,167$10,341,542
71$39,184,823$2,340,232$350,264$11,240,586
72$43,099,315$2,372,543$279,637$12,229,067
73$47,410,491$2,403,843$204,051$13,316,140
74$52,158,730$2,434,001$123,256$14,511,902
75$57,388,530$2,462,876$36,994$15,827,484
76$63,148,922$2,490,319$0$17,275,158
77$69,493,937$2,516,169$0$18,884,906
78$76,483,113$2,540,257$0$20,668,059
79$84,182,061$2,562,400$0$22,630,090
80$92,663,079$2,582,405$0$24,789,221
81$102,005,835$2,600,065$0$27,165,541
82$112,298,122$2,615,160$0$29,781,186
83$123,636,686$2,627,458$0$32,660,556
84$136,128,133$2,636,709$0$35,830,545
85$149,889,944$2,642,649$0$39,320,792
86$165,051,577$2,644,998$0$43,163,964
87$181,755,692$2,643,456$0$47,396,065
88$200,159,496$2,637,709$0$52,056,778
89$220,436,226$2,627,418$0$57,189,838
90$242,776,787$2,612,228$0$62,843,447
91$267,391,551$2,591,759$0$69,070,729
92$294,512,345$2,565,611$0$75,930,238
93$324,394,636$2,533,357$0$83,486,503
94$357,319,944$2,494,547$0$91,810,646
95$393,598,501$2,448,702$0$100,981,051
96$433,572,176$2,395,317$0$111,084,107
97$477,617,706$2,333,855$0$122,215,024
98$526,150,245$2,263,747$0$134,478,736
99$579,627,293$2,184,394$0$147,990,889
100$638,553,007$2,095,159$0$162,878,939