Can I retire at age 30 with 939,000?

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 $939,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$77,542$76,851$76,177$75,519$74,877$74,188
2 years$38,387$37,672$36,979$36,307$35,656$34,961
3 years$25,337$24,619$23,928$23,263$22,622$21,943
4 years$18,813$18,098$17,413$16,759$16,134$15,477
5 years$14,900$14,189$13,514$12,873$12,265$11,632
6 years$12,292$11,586$10,921$10,294$9,705$9,096
7 years$10,430$9,730$9,075$8,464$7,892$7,308
8 years$9,034$8,340$7,697$7,100$6,548$5,988
9 years$7,949$7,262$6,629$6,048$5,514$4,979
10 years$7,082$6,401$5,779$5,213$4,698$4,187
11 years$6,372$5,698$5,088$4,537$4,041$3,553
12 years$5,781$5,115$4,516$3,979$3,502$3,037
13 years$5,282$4,622$4,034$3,513$3,053$2,611
14 years$4,854$4,201$3,625$3,119$2,677$2,257
15 years$4,484$3,838$3,273$2,781$2,357$1,958
16 years$4,160$3,521$2,967$2,490$2,083$1,705
17 years$3,875$3,243$2,700$2,238$1,847$1,489
18 years$3,621$2,997$2,465$2,017$1,642$1,304
19 years$3,395$2,777$2,256$1,822$1,464$1,144
20 years$3,191$2,581$2,071$1,650$1,307$1,006
21 years$3,007$2,404$1,905$1,498$1,170$886
22 years$2,840$2,244$1,756$1,362$1,049$781
23 years$2,688$2,099$1,621$1,240$941$690
24 years$2,549$1,966$1,499$1,131$846$610
25 years$2,421$1,845$1,388$1,033$761$540
26 years$2,303$1,734$1,288$945$686$478
27 years$2,194$1,632$1,196$865$618$423
28 years$2,093$1,538$1,112$792$558$375
29 years$1,999$1,451$1,034$726$504$333
30 years$1,911$1,370$964$667$455$296
31 years$1,830$1,295$898$612$412$263
32 years$1,753$1,226$838$563$372$233
33 years$1,682$1,161$783$517$337$207
34 years$1,614$1,100$731$476$305$184
35 years$1,551$1,043$684$438$276$164
36 years$1,491$990$639$404$250$146
37 years$1,435$941$599$372$227$130
38 years$1,382$894$561$343$206$115
39 years$1,331$850$525$316$187$103
40 years$1,284$809$492$292$169$91
41 years$1,238$770$462$269$153$81
42 years$1,195$733$433$248$139$73
43 years$1,155$699$406$229$126$65
44 years$1,116$666$381$212$115$58
45 years$1,079$635$358$195$104$51
46 years$1,043$606$336$180$95$46
47 years$1,009$578$316$167$86$41
48 years$977$552$297$154$78$36
49 years$946$527$279$142$71$32
50 years$917$503$262$132$64$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $939,000, adding $6,235 every year, while hoping to spend $20,326 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: 57/34/9 Blend
29$939,000$939,000$939,000$939,000
30$1,041,209$991,442$976,888$1,097,998
31$1,125,786$1,018,396$987,987$1,163,953
32$1,218,308$1,045,990$998,777$1,232,968
33$1,319,565$1,074,233$1,009,225$1,307,671
34$1,430,425$1,103,135$1,019,298$1,388,608
35$1,551,845$1,132,705$1,028,962$1,476,381
36$1,684,879$1,162,953$1,038,178$1,571,650
37$1,830,687$1,193,888$1,046,907$1,675,145
38$1,990,547$1,225,518$1,055,108$1,787,667
39$2,165,866$1,257,852$1,062,737$1,910,099
40$2,358,194$1,290,896$1,069,749$2,043,414
41$2,569,239$1,324,660$1,076,095$2,188,683
42$2,800,882$1,359,149$1,081,724$2,347,084
43$3,055,194$1,394,369$1,086,584$2,519,916
44$3,334,458$1,430,327$1,090,619$2,708,610
45$3,641,187$1,467,028$1,093,769$2,914,740
46$3,978,151$1,504,475$1,095,973$3,140,043
47$4,348,400$1,542,672$1,097,166$3,386,431
48$4,755,296$1,581,622$1,097,280$3,656,008
49$5,202,541$1,621,326$1,096,244$3,951,095
50$5,694,215$1,661,785$1,093,982$4,274,247
51$6,234,811$1,702,999$1,090,417$4,628,280
52$6,829,281$1,744,965$1,085,465$5,016,296
53$7,483,081$1,787,682$1,079,041$5,441,713
54$8,202,220$1,831,143$1,071,054$5,908,296
55$8,993,321$1,875,344$1,061,409$6,420,194
56$9,863,681$1,920,276$1,050,007$6,981,979
57$10,821,338$1,965,931$1,036,744$7,598,686
58$11,875,150$2,012,298$1,021,511$8,275,866
59$13,034,877$2,059,362$1,004,193$9,019,635
60$14,311,273$2,107,109$984,672$9,836,730
61$15,716,186$2,155,522$962,822$10,734,578
62$17,262,674$2,204,579$938,513$11,721,358
63$18,965,121$2,254,258$911,608$12,806,088
64$20,839,380$2,304,533$881,964$13,998,702
65$22,902,918$2,355,376$849,431$15,310,148
66$25,174,981$2,406,755$813,852$16,752,489
67$27,676,778$2,458,635$775,065$18,339,020
68$30,431,677$2,510,976$732,897$20,084,390
69$33,465,430$2,563,735$687,171$22,004,743
70$36,806,412$2,616,866$637,699$24,117,868
71$40,485,890$2,670,317$584,286$26,443,368
72$44,538,320$2,724,032$526,729$29,002,849
73$49,001,668$2,777,949$464,814$31,820,117
74$53,917,771$2,832,001$398,318$34,921,406
75$59,332,732$2,886,118$327,010$38,335,629
76$65,297,352$2,940,219$250,646$42,094,646
77$71,867,613$2,994,221$168,974$46,233,567
78$79,105,204$3,048,031$81,729$50,791,085
79$87,078,102$3,101,552$0$55,809,839
80$95,861,217$3,154,677$0$61,337,909
81$105,537,096$3,207,291$0$67,434,434
82$116,196,703$3,259,271$0$74,148,650
83$127,940,276$3,310,485$0$81,543,474
84$140,878,277$3,360,791$0$89,688,239
85$155,132,428$3,410,037$0$98,659,353
86$170,836,867$3,458,060$0$108,541,012
87$188,139,408$3,504,686$0$119,426,002
88$207,202,939$3,549,727$0$131,416,574
89$228,206,960$3,592,985$0$144,625,407
90$251,349,274$3,634,245$0$159,176,674
91$276,847,859$3,673,282$0$175,207,213
92$304,942,919$3,709,852$0$192,867,821
93$335,899,158$3,743,695$0$212,324,675
94$370,008,273$3,774,537$0$233,760,904
95$407,591,711$3,802,083$0$257,378,316
96$449,003,701$3,826,021$0$283,399,306
97$494,634,600$3,846,018$0$312,068,952
98$544,914,575$3,861,718$0$343,657,335
99$600,317,665$3,872,746$0$378,462,083
100$661,366,258$3,878,701$0$416,811,185