Can I retire at age 30 with 903,000?

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 $903,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$74,569$73,905$73,257$72,624$72,006$70,553
2 years$36,915$36,228$35,561$34,915$34,289$32,830
3 years$24,366$23,675$23,011$22,371$21,754$20,337
4 years$18,092$17,404$16,746$16,117$15,515$14,150
5 years$14,329$13,645$12,995$12,379$11,794$10,485
6 years$11,821$11,142$10,502$9,900$9,333$8,080
7 years$10,030$9,357$8,727$8,139$7,590$6,395
8 years$8,688$8,021$7,402$6,828$6,297$5,159
9 years$7,644$6,983$6,375$5,816$5,303$4,221
10 years$6,810$6,156$5,558$5,013$4,518$3,492
11 years$6,128$5,480$4,893$4,363$3,886$2,914
12 years$5,560$4,919$4,342$3,827$3,367$2,448
13 years$5,080$4,445$3,880$3,379$2,936$2,068
14 years$4,668$4,040$3,486$2,999$2,574$1,755
15 years$4,312$3,691$3,147$2,675$2,266$1,495
16 years$4,001$3,386$2,854$2,395$2,003$1,278
17 years$3,726$3,119$2,597$2,152$1,776$1,095
18 years$3,483$2,882$2,370$1,939$1,579$940
19 years$3,265$2,671$2,170$1,752$1,408$809
20 years$3,069$2,482$1,991$1,587$1,257$697
21 years$2,892$2,312$1,832$1,440$1,125$601
22 years$2,732$2,158$1,688$1,310$1,008$520
23 years$2,585$2,018$1,559$1,193$905$449
24 years$2,451$1,891$1,442$1,088$814$389
25 years$2,328$1,775$1,335$993$732$337
26 years$2,215$1,668$1,238$908$660$292
27 years$2,110$1,570$1,150$831$595$253
28 years$2,013$1,479$1,069$762$537$220
29 years$1,922$1,395$995$699$484$191
30 years$1,838$1,318$927$641$438$166
31 years$1,760$1,246$864$589$396$144
32 years$1,686$1,179$806$541$358$125
33 years$1,617$1,116$753$498$324$109
34 years$1,552$1,058$703$458$293$94
35 years$1,492$1,003$657$421$266$82
36 years$1,434$952$615$388$241$71
37 years$1,380$905$576$358$218$62
38 years$1,329$860$539$330$198$54
39 years$1,280$817$505$304$179$47
40 years$1,235$778$473$280$163$41
41 years$1,191$740$444$259$148$35
42 years$1,150$705$416$239$134$31
43 years$1,110$672$391$220$122$27
44 years$1,073$640$367$203$110$23
45 years$1,037$611$344$188$100$20
46 years$1,003$583$323$174$91$18
47 years$971$556$304$160$83$15
48 years$940$531$286$148$75$13
49 years$910$507$268$137$68$12
50 years$882$484$252$127$62$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $903,000, adding $5,694 every year, while hoping to spend $24,797 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: 75/20/5 Blend
29$903,000$903,000$903,000$903,000
30$1,000,979$953,120$939,124$1,075,287
31$1,076,695$973,439$944,201$1,145,229
32$1,159,303$993,923$948,617$1,218,103
33$1,249,480$1,014,553$952,323$1,297,230
34$1,347,971$1,035,310$955,269$1,383,217
35$1,455,595$1,056,171$957,402$1,476,736
36$1,573,257$1,077,114$958,666$1,578,525
37$1,701,949$1,098,113$959,001$1,689,397
38$1,842,766$1,119,140$958,347$1,810,248
39$1,996,915$1,140,164$956,638$1,942,066
40$2,165,722$1,161,153$953,806$2,085,935
41$2,350,648$1,182,072$949,782$2,243,054
42$2,553,303$1,202,883$944,488$2,414,741
43$2,775,461$1,223,545$937,849$2,602,449
44$3,019,072$1,244,013$929,782$2,807,777
45$3,286,288$1,264,240$920,200$3,032,489
46$3,579,477$1,284,176$909,014$3,278,527
47$3,901,248$1,303,765$896,131$3,548,031
48$4,254,475$1,322,948$881,450$3,843,359
49$4,642,322$1,341,664$864,870$4,167,109
50$5,068,278$1,359,844$846,282$4,522,143
51$5,536,183$1,377,417$825,573$4,911,615
52$6,050,269$1,394,306$802,625$5,339,000
53$6,615,197$1,410,428$777,314$5,808,128
54$7,236,105$1,425,696$749,511$6,323,219
55$7,918,648$1,440,016$719,081$6,888,923
56$8,669,062$1,453,288$685,881$7,510,362
57$9,494,213$1,465,406$649,765$8,193,184
58$10,401,668$1,476,256$610,578$8,943,611
59$11,399,763$1,485,718$568,157$9,768,499
60$12,497,684$1,493,663$522,335$10,675,403
61$13,705,549$1,499,954$472,935$11,672,651
62$15,034,510$1,504,446$419,773$12,769,418
63$16,496,850$1,506,985$362,656$13,975,815
64$18,106,108$1,507,406$301,384$15,302,985
65$19,877,197$1,505,535$235,746$16,763,209
66$21,826,551$1,501,186$165,524$18,370,019
67$23,972,279$1,494,164$90,488$20,138,329
68$26,334,332$1,484,259$10,401$22,084,573
69$28,934,697$1,471,251$0$24,226,863
70$31,797,598$1,454,904$0$26,589,164
71$34,949,730$1,434,971$0$29,190,320
72$38,420,505$1,411,188$0$32,054,031
73$42,242,336$1,383,275$0$35,207,025
74$46,450,935$1,350,937$0$38,678,759
75$51,085,659$1,313,860$0$42,501,693
76$56,189,870$1,271,714$0$46,711,600
77$61,811,356$1,224,147$0$51,347,901
78$68,002,772$1,170,788$0$56,454,037
79$74,822,143$1,111,244$0$62,077,884
80$82,333,406$1,045,100$0$68,272,200
81$90,607,020$971,916$0$75,095,125
82$99,720,623$891,228$0$82,610,732
83$109,759,773$802,544$0$90,889,630
84$120,818,746$705,345$0$100,009,631
85$133,001,434$599,083$0$110,056,485
86$146,422,321$483,178$0$121,124,692
87$161,207,562$357,018$0$133,318,392
88$177,496,178$219,957$0$146,752,349
89$195,441,365$71,311$0$161,553,036
90$215,211,938$0$0$177,859,830
91$236,993,930$0$0$195,846,053
92$260,992,342$0$0$215,679,814
93$287,433,081$0$0$237,532,128
94$316,565,089$0$0$261,608,747
95$348,662,699$0$0$288,136,403
96$384,028,215$0$0$317,364,953
97$422,994,775$0$0$349,569,733
98$465,929,488$0$0$385,054,156
99$513,236,903$0$0$424,152,583
100$565,362,826$0$0$467,233,470