Can I retire at age 30 with 913,000?

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 $913,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$75,395$74,723$74,068$73,428$72,804$72,436
2 years$37,324$36,629$35,955$35,302$34,669$34,297
3 years$24,636$23,937$23,265$22,618$21,995$21,632
4 years$18,293$17,597$16,931$16,295$15,687$15,335
5 years$14,488$13,796$13,139$12,516$11,925$11,585
6 years$11,952$11,265$10,619$10,009$9,436$9,108
7 years$10,141$9,461$8,824$8,229$7,674$7,359
8 years$8,784$8,110$7,484$6,903$6,366$6,064
9 years$7,729$7,061$6,446$5,880$5,361$5,071
10 years$6,886$6,224$5,619$5,069$4,568$4,290
11 years$6,196$5,541$4,947$4,411$3,929$3,663
12 years$5,621$4,973$4,391$3,869$3,405$3,151
13 years$5,136$4,494$3,923$3,416$2,969$2,727
14 years$4,720$4,085$3,525$3,032$2,602$2,372
15 years$4,360$3,732$3,182$2,704$2,291$2,072
16 years$4,045$3,424$2,885$2,421$2,025$1,817
17 years$3,767$3,153$2,625$2,176$1,796$1,598
18 years$3,521$2,914$2,397$1,961$1,597$1,409
19 years$3,301$2,700$2,194$1,772$1,423$1,245
20 years$3,103$2,509$2,014$1,605$1,271$1,103
21 years$2,924$2,337$1,852$1,456$1,138$978
22 years$2,762$2,182$1,707$1,324$1,020$869
23 years$2,614$2,041$1,576$1,206$915$773
24 years$2,478$1,912$1,458$1,100$823$689
25 years$2,354$1,794$1,350$1,004$740$614
26 years$2,239$1,686$1,252$918$667$548
27 years$2,133$1,587$1,163$841$601$490
28 years$2,035$1,495$1,081$770$542$438
29 years$1,944$1,411$1,006$706$490$391
30 years$1,858$1,332$937$648$443$350
31 years$1,779$1,259$873$595$400$314
32 years$1,705$1,192$815$547$362$281
33 years$1,635$1,129$761$503$328$252
34 years$1,570$1,070$711$463$297$226
35 years$1,508$1,015$665$426$269$202
36 years$1,450$963$622$392$243$182
37 years$1,395$915$582$362$221$163
38 years$1,344$869$545$333$200$146
39 years$1,295$826$511$307$181$131
40 years$1,248$786$479$283$164$118
41 years$1,204$749$449$262$149$106
42 years$1,162$713$421$241$135$95
43 years$1,123$679$395$223$123$85
44 years$1,085$647$371$206$112$77
45 years$1,049$617$348$190$101$69
46 years$1,014$589$327$175$92$62
47 years$981$562$307$162$83$56
48 years$950$537$289$150$76$50
49 years$920$512$271$138$69$45
50 years$891$489$255$128$63$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $913,000, adding $5,665 every year, while hoping to spend $33,178 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: 85/9/6 Blend
29$913,000$913,000$913,000$913,000
30$1,011,969$963,580$949,429$1,097,213
31$1,079,889$975,495$945,934$1,165,573
32$1,153,625$986,881$941,209$1,235,527
33$1,233,734$997,678$935,180$1,311,318
34$1,320,832$1,007,821$927,765$1,393,510
35$1,415,593$1,017,240$918,881$1,482,725
36$1,518,761$1,025,863$908,441$1,579,646
37$1,631,154$1,033,609$896,353$1,685,027
38$1,753,671$1,040,395$882,520$1,799,697
39$1,887,303$1,046,132$866,843$1,924,568
40$2,033,141$1,050,726$849,215$2,060,648
41$2,192,384$1,054,074$829,526$2,209,043
42$2,366,354$1,056,070$807,662$2,370,974
43$2,556,504$1,056,600$783,501$2,547,785
44$2,764,437$1,055,542$756,917$2,740,958
45$2,991,914$1,052,769$727,779$2,952,122
46$3,240,878$1,048,143$695,948$3,183,075
47$3,513,465$1,041,519$661,279$3,435,797
48$3,812,029$1,032,745$623,623$3,712,469
49$4,139,163$1,021,657$582,822$4,015,494
50$4,497,722$1,008,082$538,710$4,347,520
51$4,890,849$991,837$491,116$4,711,464
52$5,322,007$972,728$439,860$5,110,540
53$5,795,010$950,551$384,755$5,548,290
54$6,314,060$925,087$325,603$6,028,617
55$6,883,784$896,105$262,200$6,555,820
56$7,509,278$863,363$194,332$7,134,640
57$8,196,159$826,602$121,777$7,770,296
58$8,950,611$785,549$44,300$8,468,543
59$9,779,448$739,916$0$9,235,720
60$10,690,176$689,396$0$10,081,274
61$11,691,065$633,668$0$11,013,630
62$12,791,226$572,390$0$12,038,453
63$14,000,694$505,200$0$13,165,109
64$15,330,528$431,718$0$14,403,920
65$16,792,911$351,541$0$15,766,261
66$18,401,265$264,244$0$17,264,664
67$20,170,379$169,376$0$18,912,939
68$22,116,546$66,464$0$20,726,303
69$24,257,718$0$0$22,721,526
70$26,613,677$0$0$24,921,541
71$29,206,217$0$0$27,349,737
72$32,059,351$0$0$30,022,024
73$35,199,538$0$0$32,963,187
74$38,655,934$0$0$36,200,534
75$42,460,662$0$0$39,764,156
76$46,649,121$0$0$43,687,209
77$51,260,312$0$0$48,006,228
78$56,337,214$0$0$52,761,469
79$61,927,182$0$0$57,997,290
80$68,082,401$0$0$63,762,571
81$74,860,368$0$0$70,111,171
82$82,324,446$0$0$77,102,441
83$90,544,451$0$0$84,801,778
84$99,597,319$0$0$93,281,246
85$109,567,826$0$0$102,620,256
86$120,549,389$0$0$112,906,310
87$132,644,949$0$0$124,235,833
88$145,967,941$0$0$136,715,081
89$160,643,365$0$0$150,461,137
90$176,808,962$0$0$165,603,027
91$194,616,520$0$0$182,282,928
92$214,233,299$0$0$200,657,513
93$235,843,616$0$0$220,899,429
94$259,650,578$0$0$243,198,929
95$285,878,004$0$0$267,765,663
96$314,772,535$0$0$294,830,657
97$346,605,959$0$0$324,648,497
98$381,677,781$0$0$357,499,727
99$420,318,046$0$0$393,693,502
100$462,890,456$0$0$433,570,498