Can I retire at age 30 with 939,000?

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 $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%13.2%
1 years$77,542$76,851$76,177$75,519$74,877$73,880
2 years$38,387$37,672$36,979$36,307$35,656$34,653
3 years$25,337$24,619$23,928$23,263$22,622$21,644
4 years$18,813$18,098$17,413$16,759$16,134$15,189
5 years$14,900$14,189$13,514$12,873$12,265$11,356
6 years$12,292$11,586$10,921$10,294$9,705$8,832
7 years$10,430$9,730$9,075$8,464$7,892$7,057
8 years$9,034$8,340$7,697$7,100$6,548$5,749
9 years$7,949$7,262$6,629$6,048$5,514$4,752
10 years$7,082$6,401$5,779$5,213$4,698$3,972
11 years$6,372$5,698$5,088$4,537$4,041$3,350
12 years$5,781$5,115$4,516$3,979$3,502$2,845
13 years$5,282$4,622$4,034$3,513$3,053$2,431
14 years$4,854$4,201$3,625$3,119$2,677$2,087
15 years$4,484$3,838$3,273$2,781$2,357$1,799
16 years$4,160$3,521$2,967$2,490$2,083$1,555
17 years$3,875$3,243$2,700$2,238$1,847$1,349
18 years$3,621$2,997$2,465$2,017$1,642$1,173
19 years$3,395$2,777$2,256$1,822$1,464$1,022
20 years$3,191$2,581$2,071$1,650$1,307$892
21 years$3,007$2,404$1,905$1,498$1,170$779
22 years$2,840$2,244$1,756$1,362$1,049$682
23 years$2,688$2,099$1,621$1,240$941$598
24 years$2,549$1,966$1,499$1,131$846$524
25 years$2,421$1,845$1,388$1,033$761$460
26 years$2,303$1,734$1,288$945$686$404
27 years$2,194$1,632$1,196$865$618$355
28 years$2,093$1,538$1,112$792$558$313
29 years$1,999$1,451$1,034$726$504$275
30 years$1,911$1,370$964$667$455$242
31 years$1,830$1,295$898$612$412$213
32 years$1,753$1,226$838$563$372$188
33 years$1,682$1,161$783$517$337$166
34 years$1,614$1,100$731$476$305$146
35 years$1,551$1,043$684$438$276$129
36 years$1,491$990$639$404$250$114
37 years$1,435$941$599$372$227$100
38 years$1,382$894$561$343$206$88
39 years$1,331$850$525$316$187$78
40 years$1,284$809$492$292$169$69
41 years$1,238$770$462$269$153$61
42 years$1,195$733$433$248$139$54
43 years$1,155$699$406$229$126$47
44 years$1,116$666$381$212$115$42
45 years$1,079$635$358$195$104$37
46 years$1,043$606$336$180$95$33
47 years$1,009$578$316$167$86$29
48 years$977$552$297$154$78$25
49 years$946$527$279$142$71$22
50 years$917$503$262$132$64$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $939,000, adding $2,102 every year, while hoping to spend $23,757 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: 61/23/16 Blend
29$939,000$939,000$939,000$939,000
30$1,036,946$987,179$972,625$1,095,895
31$1,117,437$1,010,274$979,930$1,158,947
32$1,205,343$1,033,704$986,685$1,224,871
33$1,301,393$1,057,460$992,844$1,296,253
34$1,406,393$1,081,534$998,362$1,373,624
35$1,521,229$1,105,913$1,003,191$1,457,568
36$1,646,877$1,130,586$1,007,281$1,548,731
37$1,784,411$1,155,537$1,010,578$1,647,823
38$1,935,015$1,180,752$1,013,026$1,755,626
39$2,099,991$1,206,214$1,014,567$1,873,003
40$2,280,775$1,231,902$1,015,139$2,000,902
41$2,478,945$1,257,797$1,014,678$2,140,370
42$2,696,243$1,283,875$1,013,115$2,292,561
43$2,934,586$1,310,111$1,010,380$2,458,746
44$3,196,084$1,336,477$1,006,398$2,640,324
45$3,483,064$1,362,943$1,001,092$2,838,840
46$3,798,086$1,389,477$994,378$3,055,992
47$4,143,973$1,416,043$986,171$3,293,657
48$4,523,832$1,442,603$976,382$3,553,898
49$4,941,088$1,469,116$964,916$3,838,993
50$5,399,512$1,495,536$951,674$4,151,450
51$5,903,260$1,521,815$936,554$4,494,033
52$6,456,911$1,547,902$919,446$4,869,789
53$7,065,506$1,573,740$900,238$5,282,077
54$7,734,603$1,599,268$878,811$5,734,598
55$8,470,322$1,624,422$855,041$6,231,430
56$9,279,409$1,649,133$828,799$6,777,069
57$10,169,294$1,673,326$799,949$7,376,470
58$11,148,164$1,696,921$768,349$8,035,094
59$12,225,039$1,719,832$733,851$8,758,959
60$13,409,858$1,741,969$696,300$9,554,699
61$14,713,571$1,763,232$655,533$10,429,625
62$16,148,244$1,783,520$611,382$11,391,793
63$17,727,171$1,802,718$563,670$12,450,086
64$19,465,000$1,820,709$512,211$13,614,291
65$21,377,873$1,837,366$456,812$14,895,194
66$23,483,572$1,852,554$397,272$16,304,687
67$25,801,696$1,866,128$333,380$17,855,871
68$28,353,836$1,877,936$264,915$19,563,190
69$31,163,786$1,887,813$191,649$21,442,561
70$34,257,763$1,895,587$113,340$23,511,525
71$37,664,658$1,901,074$29,739$25,789,417
72$41,416,302$1,904,076$0$28,297,547
73$45,547,775$1,904,385$0$31,069,552
74$50,097,728$1,901,780$0$34,127,239
75$55,108,756$1,896,027$0$37,494,103
76$60,627,791$1,886,874$0$41,201,631
77$66,706,553$1,874,059$0$45,284,526
78$73,402,033$1,857,299$0$49,781,031
79$80,777,031$1,836,298$0$54,733,290
80$88,900,751$1,810,739$0$60,187,745
81$97,849,451$1,780,288$0$66,195,578
82$107,707,164$1,744,592$0$72,813,193
83$118,566,492$1,703,273$0$80,102,746
84$130,529,476$1,655,936$0$88,132,737
85$143,708,565$1,602,160$0$96,978,653
86$158,227,672$1,541,498$0$106,723,683
87$174,223,343$1,473,480$0$117,459,503
88$191,846,051$1,397,607$0$129,287,143
89$211,261,610$1,313,353$0$142,317,939
90$232,652,746$1,220,158$0$156,674,587
91$256,220,815$1,117,435$0$172,492,301
92$282,187,707$1,004,558$0$189,920,088
93$310,797,942$880,871$0$209,122,162
94$342,320,975$745,676$0$230,279,485
95$377,053,738$598,238$0$253,591,485
96$415,323,448$437,780$0$279,277,935
97$457,490,691$263,483$0$307,581,029
98$503,952,827$74,478$0$338,767,671
99$555,147,740$0$0$373,131,995
100$611,557,973$0$0$411,031,082