Can I retire at age 30 with 900,000?

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 $900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$74,321$73,659$73,013$72,383$71,767$70,988
2 years$36,793$36,107$35,443$34,799$34,175$33,391
3 years$24,285$23,597$22,934$22,296$21,682$20,917
4 years$18,032$17,346$16,690$16,063$15,464$14,723
5 years$14,281$13,599$12,952$12,338$11,755$11,042
6 years$11,782$11,105$10,467$9,867$9,302$8,616
7 years$9,997$9,326$8,698$8,112$7,565$6,907
8 years$8,659$7,994$7,377$6,805$6,276$5,646
9 years$7,619$6,960$6,354$5,796$5,285$4,684
10 years$6,787$6,135$5,539$4,997$4,503$3,929
11 years$6,108$5,462$4,877$4,348$3,873$3,326
12 years$5,541$4,902$4,328$3,814$3,356$2,836
13 years$5,063$4,430$3,867$3,367$2,927$2,432
14 years$4,653$4,027$3,474$2,989$2,565$2,096
15 years$4,298$3,679$3,137$2,666$2,259$1,814
16 years$3,987$3,375$2,844$2,387$1,996$1,575
17 years$3,714$3,108$2,588$2,145$1,770$1,372
18 years$3,471$2,872$2,362$1,933$1,574$1,198
19 years$3,254$2,662$2,163$1,746$1,403$1,048
20 years$3,059$2,474$1,985$1,582$1,253$919
21 years$2,883$2,304$1,826$1,436$1,121$807
22 years$2,722$2,151$1,683$1,305$1,005$709
23 years$2,577$2,012$1,554$1,189$902$624
24 years$2,443$1,885$1,437$1,084$811$550
25 years$2,320$1,769$1,331$990$730$485
26 years$2,207$1,662$1,234$905$657$428
27 years$2,103$1,564$1,146$829$593$378
28 years$2,006$1,474$1,065$759$535$335
29 years$1,916$1,391$991$696$483$296
30 years$1,832$1,313$924$639$436$262
31 years$1,754$1,242$861$587$394$232
32 years$1,680$1,175$803$539$357$205
33 years$1,612$1,113$750$496$323$182
34 years$1,547$1,054$701$456$292$161
35 years$1,487$1,000$655$420$265$143
36 years$1,429$949$613$387$240$127
37 years$1,375$902$574$356$217$112
38 years$1,324$857$537$329$197$100
39 years$1,276$815$503$303$179$88
40 years$1,230$775$472$279$162$78
41 years$1,187$738$442$258$147$69
42 years$1,146$703$415$238$133$62
43 years$1,107$670$389$220$121$55
44 years$1,069$638$366$203$110$49
45 years$1,034$609$343$187$100$43
46 years$1,000$581$322$173$91$38
47 years$968$554$303$160$82$34
48 years$937$529$285$148$75$30
49 years$907$505$267$136$68$27
50 years$879$482$251$126$62$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $900,000, adding $4,875 every year, while hoping to spend $41,927 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: 83/10/7 Blend
29$900,000$900,000$900,000$900,000
30$996,829$949,129$935,179$1,078,516
31$1,053,895$951,026$921,897$1,134,513
32$1,115,377$951,611$906,765$1,189,844
33$1,181,681$950,775$889,677$1,249,299
34$1,253,253$948,403$870,522$1,313,265
35$1,330,582$944,373$849,182$1,382,171
36$1,414,209$938,554$825,537$1,456,486
37$1,504,724$930,810$799,458$1,536,728
38$1,602,780$920,993$770,814$1,623,469
39$1,709,091$908,949$739,464$1,717,337
40$1,824,445$894,514$705,263$1,819,023
41$1,949,707$877,515$668,058$1,929,292
42$2,085,830$857,766$627,691$2,048,982
43$2,233,861$835,073$583,995$2,179,020
44$2,394,953$809,229$536,796$2,320,426
45$2,570,372$780,016$485,913$2,474,323
46$2,761,516$747,202$431,157$2,641,950
47$2,969,918$710,542$372,328$2,824,671
48$3,197,269$669,778$309,221$3,023,991
49$3,445,429$624,636$241,618$3,241,566
50$3,716,446$574,827$169,296$3,479,222
51$4,012,574$520,043$92,017$3,738,974
52$4,336,293$459,962$9,536$4,023,037
53$4,690,337$394,242$0$4,333,859
54$5,077,713$322,521$0$4,679,994
55$5,501,733$244,419$0$5,059,692
56$5,966,046$159,531$0$5,475,533
57$6,474,667$67,433$0$5,931,147
58$7,032,021$0$0$6,430,533
59$7,642,978$0$0$6,981,653
60$8,312,903$0$0$7,594,122
61$9,047,707$0$0$8,265,923
62$9,853,898$0$0$9,003,010
63$10,738,645$0$0$9,811,939
64$11,709,846$0$0$10,699,933
65$12,776,198$0$0$11,674,949
66$13,947,285$0$0$12,745,751
67$15,233,662$0$0$13,921,994
68$16,646,957$0$0$15,214,312
69$18,199,982$0$0$16,634,424
70$19,906,848$0$0$18,195,237
71$21,783,105$0$0$19,910,972
72$23,845,882$0$0$21,797,297
73$26,114,050$0$0$23,871,472
74$28,608,402$0$0$26,152,514
75$31,351,845$0$0$28,661,377
76$34,369,619$0$0$31,421,145
77$37,689,532$0$0$34,457,253
78$41,342,225$0$0$37,797,725
79$45,361,455$0$0$41,473,439
80$49,784,420$0$0$45,518,416
81$54,652,104$0$0$49,970,144
82$60,009,667$0$0$54,869,927
83$65,906,868$0$0$60,263,278
84$72,398,533$0$0$66,200,343
85$79,545,077$0$0$72,736,380
86$87,413,068$0$0$79,932,277
87$96,075,858$0$0$87,855,124
88$105,614,272$0$0$96,578,849
89$116,117,373$0$0$106,184,912
90$127,683,299$0$0$116,763,077
91$140,420,190$0$0$128,412,255
92$154,447,211$0$0$141,241,439
93$169,895,668$0$0$155,370,730
94$186,910,256$0$0$170,932,472
95$205,650,417$0$0$188,072,501
96$226,291,846$0$0$206,951,518
97$249,028,151$0$0$227,746,607
98$274,072,677$0$0$250,652,905
99$301,660,521$0$0$275,885,443
100$332,050,745$0$0$303,681,178