Can I retire at age 30 with 911,000?

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 $911,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$75,230$74,559$73,906$73,268$72,644$69,735
2 years$37,242$36,549$35,877$35,225$34,593$31,698
3 years$24,582$23,885$23,214$22,569$21,947$19,158
4 years$18,252$17,558$16,894$16,260$15,653$12,991
5 years$14,456$13,766$13,111$12,489$11,899$9,371
6 years$11,926$11,241$10,595$9,987$9,415$7,023
7 years$10,119$9,440$8,805$8,211$7,657$5,399
8 years$8,765$8,092$7,467$6,888$6,352$4,227
9 years$7,712$7,045$6,431$5,867$5,350$3,353
10 years$6,870$6,210$5,607$5,058$4,558$2,686
11 years$6,182$5,529$4,936$4,402$3,920$2,169
12 years$5,609$4,962$4,381$3,861$3,397$1,762
13 years$5,125$4,484$3,914$3,409$2,962$1,438
14 years$4,710$4,076$3,517$3,026$2,597$1,178
15 years$4,350$3,724$3,175$2,698$2,286$968
16 years$4,036$3,416$2,879$2,416$2,021$797
17 years$3,759$3,146$2,620$2,171$1,792$658
18 years$3,513$2,907$2,391$1,956$1,593$544
19 years$3,294$2,694$2,189$1,768$1,420$451
20 years$3,096$2,504$2,009$1,601$1,268$374
21 years$2,918$2,332$1,848$1,453$1,135$310
22 years$2,756$2,177$1,703$1,321$1,017$257
23 years$2,608$2,036$1,573$1,203$913$214
24 years$2,473$1,908$1,454$1,097$821$178
25 years$2,349$1,790$1,347$1,002$739$148
26 years$2,234$1,683$1,249$916$665$123
27 years$2,128$1,584$1,160$839$600$102
28 years$2,030$1,492$1,078$768$541$85
29 years$1,939$1,408$1,004$705$489$71
30 years$1,854$1,329$935$647$442$59
31 years$1,775$1,257$872$594$399$49
32 years$1,701$1,189$813$546$361$41
33 years$1,631$1,126$759$502$327$34
34 years$1,566$1,067$709$462$296$28
35 years$1,505$1,012$663$425$268$24
36 years$1,447$961$620$392$243$20
37 years$1,392$913$581$361$220$16
38 years$1,341$867$544$333$200$14
39 years$1,292$825$509$307$181$11
40 years$1,245$785$478$283$164$9
41 years$1,202$747$448$261$149$8
42 years$1,160$711$420$241$135$7
43 years$1,120$678$394$222$123$5
44 years$1,082$646$370$205$111$5
45 years$1,046$616$347$190$101$4
46 years$1,012$588$326$175$92$3
47 years$979$561$307$162$83$3
48 years$948$535$288$149$76$2
49 years$918$511$271$138$69$2
50 years$889$488$255$128$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $911,000, adding $3,804 every year, while hoping to spend $49,633 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: 49/34/17 Blend
29$911,000$911,000$911,000$911,000
30$1,007,846$959,563$945,442$1,052,280
31$1,057,837$953,772$924,306$1,077,599
32$1,111,264$946,035$900,797$1,099,679
33$1,168,424$936,202$874,785$1,122,591
34$1,229,645$924,117$846,132$1,146,433
35$1,295,285$909,615$814,694$1,171,313
36$1,365,736$892,519$780,318$1,197,355
37$1,441,432$872,642$742,849$1,224,697
38$1,522,844$849,788$702,121$1,253,496
39$1,610,494$823,747$657,962$1,283,928
40$1,704,952$794,299$610,191$1,316,192
41$1,806,845$761,208$558,621$1,350,509
42$1,916,864$724,227$503,055$1,387,128
43$2,035,764$683,095$443,288$1,426,330
44$2,164,379$637,533$379,105$1,468,428
45$2,303,623$587,250$310,282$1,513,771
46$2,454,502$531,934$236,586$1,562,752
47$2,618,122$471,260$157,772$1,615,807
48$2,795,699$404,880$73,586$1,673,426
49$2,988,570$332,429$0$1,736,155
50$3,198,207$253,520$0$1,807,549
51$3,426,228$167,747$0$1,899,774
52$3,674,414$74,677$0$2,000,275
53$3,944,725$0$0$2,109,949
54$4,239,316$0$0$2,239,569
55$4,560,560$0$0$2,411,473
56$4,911,070$0$0$2,599,130
57$5,293,720$0$0$2,804,092
58$5,711,674$0$0$3,028,065
59$6,168,416$0$0$3,272,929
60$6,667,782$0$0$3,540,753
61$7,213,994$0$0$3,833,815
62$7,811,702$0$0$4,154,625
63$8,466,025$0$0$4,505,945
64$9,182,602$0$0$4,890,818
65$9,967,640$0$0$5,312,593
66$10,827,977$0$0$5,774,961
67$11,771,143$0$0$6,281,986
68$12,805,431$0$0$6,838,144
69$13,939,976$0$0$7,448,365
70$15,184,839$0$0$8,118,079
71$16,551,102$0$0$8,853,269
72$18,050,973$0$0$9,660,523
73$19,697,897$0$0$10,547,100
74$21,506,688$0$0$11,520,996
75$23,493,663$0$0$12,591,019
76$25,676,798$0$0$13,766,873
77$28,075,897$0$0$15,059,249
78$30,712,776$0$0$16,479,923
79$33,611,470$0$0$18,041,873
80$36,798,460$0$0$19,759,393
81$40,302,920$0$0$21,648,233
82$44,156,991$0$0$23,725,747
83$48,396,087$0$0$26,011,052
84$53,059,227$0$0$28,525,216
85$58,189,399$0$0$31,291,446
86$63,833,970$0$0$34,335,317
87$70,045,128$0$0$37,685,005
88$76,880,377$0$0$41,371,557
89$84,403,077$0$0$45,429,182
90$92,683,042$0$0$49,895,573
91$101,797,194$0$0$54,812,264
92$111,830,294$0$0$60,225,017
93$122,875,740$0$0$66,184,262
94$135,036,442$0$0$72,745,563
95$148,425,797$0$0$79,970,148
96$163,168,760$0$0$87,925,483
97$179,403,015$0$0$96,685,912
98$197,280,283$0$0$106,333,353
99$216,967,744$0$0$116,958,075
100$238,649,620$0$0$128,659,549