Can I retire at age 30 with 909,000?

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 $909,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$75,064$74,396$73,743$73,107$72,485$72,028
2 years$37,161$36,468$35,798$35,147$34,517$34,056
3 years$24,528$23,833$23,164$22,519$21,899$21,448
4 years$18,212$17,519$16,857$16,224$15,618$15,182
5 years$14,424$13,735$13,082$12,462$11,873$11,451
6 years$11,900$11,216$10,572$9,966$9,395$8,988
7 years$10,097$9,419$8,785$8,193$7,640$7,250
8 years$8,746$8,074$7,451$6,873$6,338$5,964
9 years$7,695$7,030$6,417$5,854$5,338$4,979
10 years$6,855$6,196$5,595$5,047$4,548$4,205
11 years$6,169$5,516$4,926$4,392$3,912$3,584
12 years$5,597$4,951$4,371$3,852$3,390$3,077
13 years$5,113$4,474$3,905$3,401$2,956$2,657
14 years$4,699$4,067$3,509$3,019$2,591$2,307
15 years$4,341$3,715$3,168$2,692$2,281$2,011
16 years$4,027$3,409$2,872$2,411$2,016$1,760
17 years$3,751$3,139$2,614$2,166$1,788$1,544
18 years$3,506$2,901$2,386$1,952$1,590$1,359
19 years$3,286$2,689$2,184$1,764$1,417$1,199
20 years$3,089$2,498$2,005$1,598$1,266$1,059
21 years$2,911$2,327$1,844$1,450$1,133$938
22 years$2,750$2,172$1,699$1,318$1,015$831
23 years$2,602$2,032$1,569$1,201$911$738
24 years$2,467$1,904$1,451$1,095$819$656
25 years$2,344$1,786$1,344$1,000$737$583
26 years$2,229$1,679$1,247$914$664$519
27 years$2,124$1,580$1,158$837$599$463
28 years$2,026$1,489$1,076$767$540$413
29 years$1,935$1,405$1,001$703$488$368
30 years$1,850$1,326$933$645$441$329
31 years$1,771$1,254$870$593$398$294
32 years$1,697$1,187$811$545$360$262
33 years$1,628$1,124$758$501$326$235
34 years$1,563$1,065$708$461$295$210
35 years$1,501$1,010$662$424$267$188
36 years$1,444$959$619$391$242$168
37 years$1,389$911$579$360$220$150
38 years$1,338$865$543$332$199$135
39 years$1,289$823$508$306$181$120
40 years$1,243$783$476$282$164$108
41 years$1,199$745$447$260$149$97
42 years$1,157$710$419$240$135$87
43 years$1,118$676$393$222$122$78
44 years$1,080$645$369$205$111$69
45 years$1,044$615$347$189$101$62
46 years$1,010$586$326$175$92$56
47 years$977$560$306$161$83$50
48 years$946$534$287$149$75$45
49 years$916$510$270$138$69$40
50 years$888$487$254$127$62$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $909,000, adding $6,450 every year, while hoping to spend $21,597 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: 38/35/27 Blend
29$909,000$909,000$909,000$909,000
30$1,008,371$960,194$946,105$1,038,374
31$1,088,246$984,265$954,820$1,085,017
32$1,175,544$1,008,791$963,104$1,132,937
33$1,271,000$1,033,772$970,918$1,184,311
34$1,375,423$1,059,207$978,224$1,239,467
35$1,489,702$1,085,094$984,981$1,298,763
36$1,614,818$1,111,430$991,144$1,362,599
37$1,751,850$1,138,212$996,669$1,431,412
38$1,901,988$1,165,433$1,001,506$1,505,685
39$2,066,541$1,193,089$1,005,607$1,585,950
40$2,246,950$1,221,173$1,008,917$1,672,793
41$2,444,805$1,249,676$1,011,381$1,766,861
42$2,661,853$1,278,588$1,012,940$1,868,867
43$2,900,022$1,307,899$1,013,534$1,979,596
44$3,161,435$1,337,597$1,013,098$2,099,915
45$3,448,428$1,367,666$1,011,563$2,230,778
46$3,763,577$1,398,090$1,008,860$2,373,238
47$4,109,718$1,428,854$1,004,913$2,528,457
48$4,489,977$1,459,935$999,646$2,697,713
49$4,907,797$1,491,314$992,975$2,882,418
50$5,366,968$1,522,964$984,816$3,084,127
51$5,871,671$1,554,861$975,079$3,304,555
52$6,426,507$1,586,975$963,670$3,545,592
53$7,036,548$1,619,274$950,491$3,809,324
54$7,707,381$1,651,724$935,437$4,098,048
55$8,445,162$1,684,286$918,402$4,414,299
56$9,256,672$1,716,921$899,273$4,760,870
57$10,149,386$1,749,583$877,932$5,140,841
58$11,131,534$1,782,223$854,254$5,557,608
59$12,212,190$1,814,792$828,110$6,014,914
60$13,401,348$1,847,230$799,366$6,516,887
61$14,710,020$1,879,480$767,880$7,068,077
62$16,150,341$1,911,474$733,503$7,673,499
63$17,735,683$1,943,142$696,082$8,338,684
64$19,480,776$1,974,410$655,454$9,069,729
65$21,401,854$2,005,195$611,451$9,873,355
66$23,516,805$2,035,411$563,896$10,756,970
67$25,845,337$2,064,964$512,605$11,728,744
68$28,409,169$2,093,755$457,385$12,797,679
69$31,232,231$2,121,676$398,034$13,973,702
70$34,340,894$2,148,613$334,343$15,267,756
71$37,764,214$2,174,444$266,093$16,691,902
72$41,534,209$2,199,038$193,053$18,259,436
73$45,686,163$2,222,255$114,984$19,985,015
74$50,258,953$2,243,947$31,638$21,884,797
75$55,295,421$2,263,955$0$23,976,590
76$60,842,776$2,282,111$0$26,296,535
77$66,953,038$2,298,233$0$28,860,562
78$73,683,532$2,312,131$0$31,683,481
79$81,097,428$2,323,600$0$34,791,669
80$89,264,332$2,332,424$0$38,214,195
81$98,260,953$2,338,371$0$41,983,095
82$108,171,817$2,341,198$0$46,133,675
83$119,090,068$2,340,642$0$50,704,844
84$131,118,349$2,336,428$0$55,739,483
85$144,369,770$2,328,262$0$61,284,848
86$158,968,972$2,315,833$0$67,393,019
87$175,053,308$2,298,809$0$74,121,392
88$192,774,135$2,276,841$0$81,533,220
89$212,298,246$2,249,555$0$89,698,211
90$233,809,443$2,216,559$0$98,693,189
91$257,510,271$2,177,435$0$108,602,817
92$283,623,929$2,131,740$0$119,520,400
93$312,396,380$2,079,005$0$131,548,762
94$344,098,669$2,018,735$0$144,801,225
95$379,029,485$1,950,405$0$159,402,672
96$417,517,975$1,873,457$0$175,490,733
97$459,926,857$1,787,305$0$193,217,082
98$506,655,840$1,691,327$0$212,748,872
99$558,145,397$1,584,863$0$234,270,313
100$614,880,924$1,467,218$0$257,984,413