Can I retire at age 30 with 936,000?

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 $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%19.7%
1 years$77,294$76,606$75,934$75,278$74,638$71,733
2 years$38,264$37,552$36,861$36,191$35,542$32,651
3 years$25,256$24,540$23,852$23,188$22,549$19,762
4 years$18,753$18,040$17,358$16,706$16,082$13,421
5 years$14,853$14,143$13,470$12,832$12,226$9,697
6 years$12,253$11,549$10,886$10,262$9,674$7,279
7 years$10,397$9,699$9,046$8,437$7,867$5,606
8 years$9,006$8,314$7,672$7,077$6,527$4,396
9 years$7,924$7,239$6,608$6,028$5,496$3,494
10 years$7,059$6,381$5,761$5,196$4,683$2,805
11 years$6,352$5,680$5,072$4,522$4,028$2,269
12 years$5,763$5,098$4,501$3,967$3,490$1,847
13 years$5,265$4,607$4,021$3,502$3,044$1,510
14 years$4,839$4,188$3,613$3,109$2,668$1,240
15 years$4,470$3,826$3,262$2,772$2,349$1,021
16 years$4,147$3,510$2,958$2,482$2,076$843
17 years$3,862$3,233$2,691$2,230$1,841$697
18 years$3,610$2,987$2,457$2,010$1,637$578
19 years$3,384$2,768$2,249$1,816$1,459$480
20 years$3,181$2,573$2,064$1,645$1,303$398
21 years$2,998$2,396$1,899$1,493$1,166$331
22 years$2,831$2,237$1,750$1,357$1,045$276
23 years$2,680$2,092$1,616$1,236$938$230
24 years$2,541$1,960$1,494$1,128$843$191
25 years$2,413$1,839$1,384$1,030$759$159
26 years$2,296$1,729$1,284$942$684$133
27 years$2,187$1,627$1,192$862$616$111
28 years$2,086$1,533$1,108$790$556$93
29 years$1,993$1,446$1,031$724$502$77
30 years$1,905$1,366$960$665$454$64
31 years$1,824$1,291$895$610$410$54
32 years$1,748$1,222$835$561$371$45
33 years$1,676$1,157$780$516$336$38
34 years$1,609$1,097$729$475$304$31
35 years$1,546$1,040$681$437$275$26
36 years$1,487$987$637$402$250$22
37 years$1,430$938$597$371$226$18
38 years$1,377$891$559$342$205$15
39 years$1,327$847$523$315$186$13
40 years$1,280$806$491$291$169$11
41 years$1,235$767$460$268$153$9
42 years$1,192$731$432$247$139$7
43 years$1,151$696$405$228$126$6
44 years$1,112$664$380$211$114$5
45 years$1,075$633$357$195$104$4
46 years$1,040$604$335$180$94$4
47 years$1,006$576$315$166$86$3
48 years$974$550$296$154$78$3
49 years$943$525$278$142$71$2
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 $4,253 every year, while hoping to spend $58,131 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: 63/10/27 Blend
29$936,000$936,000$936,000$936,000
30$1,035,859$986,251$971,743$1,093,430
31$1,079,666$972,726$942,445$1,119,429
32$1,125,992$956,591$910,218$1,141,059
33$1,175,035$937,655$874,902$1,163,423
34$1,227,006$915,718$836,329$1,186,602
35$1,282,141$890,568$794,326$1,210,688
36$1,340,693$861,980$748,710$1,235,784
37$1,402,943$829,716$699,291$1,262,004
38$1,469,196$793,524$645,869$1,289,481
39$1,539,785$753,139$588,237$1,318,359
40$1,615,078$708,277$526,178$1,348,804
41$1,695,475$658,642$459,464$1,380,999
42$1,781,415$603,917$387,858$1,415,150
43$1,873,382$543,771$311,113$1,451,488
44$1,971,902$477,851$228,971$1,490,271
45$2,077,555$405,785$141,161$1,531,787
46$2,190,977$327,180$47,401$1,576,358
47$2,312,866$241,622$0$1,624,343
48$2,443,988$148,670$0$1,691,312
49$2,585,183$47,863$0$1,778,101
50$2,737,375$0$0$1,871,628
51$2,901,578$0$0$1,979,287
52$3,078,908$0$0$2,101,292
53$3,270,588$0$0$2,233,226
54$3,477,965$0$0$2,376,021
55$3,702,518$0$0$2,530,703
56$3,945,875$0$0$2,698,402
57$4,209,823$0$0$2,880,358
58$4,496,331$0$0$3,077,934
59$4,807,561$0$0$3,292,633
60$5,145,894$0$0$3,526,104
61$5,513,947$0$0$3,780,164
62$5,914,602$0$0$4,056,812
63$6,351,027$0$0$4,358,247
64$6,826,712$0$0$4,686,889
65$7,345,495$0$0$5,045,402
66$7,911,602$0$0$5,436,717
67$8,529,682$0$0$5,864,062
68$9,204,856$0$0$6,330,989
69$9,942,760$0$0$6,841,410
70$10,749,600$0$0$7,399,630
71$11,632,206$0$0$8,010,392
72$12,598,101$0$0$8,678,915
73$13,655,569$0$0$9,410,948
74$14,813,732$0$0$10,212,823
75$16,082,634$0$0$11,091,510
76$17,473,338$0$0$12,054,689
77$18,998,027$0$0$13,110,814
78$20,670,121$0$0$14,269,201
79$22,504,398$0$0$15,540,108
80$24,517,138$0$0$16,934,833
81$26,726,272$0$0$18,465,824
82$29,151,553$0$0$20,146,791
83$31,814,736$0$0$21,992,836
84$34,739,791$0$0$24,020,596
85$37,953,120$0$0$26,248,399
86$41,483,809$0$0$28,696,436
87$45,363,902$0$0$31,386,950
88$49,628,700$0$0$34,344,446
89$54,317,094$0$0$37,595,921
90$59,471,932$0$0$41,171,119
91$65,140,420$0$0$45,102,811
92$71,374,568$0$0$49,427,100
93$78,231,678$0$0$54,183,767
94$85,774,886$0$0$59,416,640
95$94,073,753$0$0$65,174,009
96$103,204,925$0$0$71,509,081
97$113,252,850$0$0$78,480,481
98$124,310,574$0$0$86,152,804
99$136,480,624$0$0$94,597,224
100$149,875,965$0$0$103,892,166