Can I retire at age 30 with 925,000?

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 $925,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$76,386$75,705$75,041$74,393$73,761$71,144
2 years$37,815$37,110$36,428$35,766$35,124$32,515
3 years$24,959$24,252$23,571$22,916$22,284$19,766
4 years$18,533$17,828$17,154$16,509$15,893$13,484
5 years$14,678$13,977$13,312$12,681$12,082$9,789
6 years$12,109$11,413$10,758$10,141$9,560$7,384
7 years$10,275$9,585$8,940$8,337$7,775$5,716
8 years$8,900$8,216$7,582$6,994$6,450$4,507
9 years$7,831$7,154$6,530$5,957$5,432$3,602
10 years$6,976$6,306$5,693$5,135$4,628$2,908
11 years$6,277$5,613$5,012$4,469$3,980$2,366
12 years$5,695$5,038$4,448$3,920$3,449$1,938
13 years$5,203$4,553$3,974$3,461$3,008$1,594
14 years$4,782$4,139$3,571$3,072$2,637$1,317
15 years$4,417$3,781$3,224$2,740$2,322$1,092
16 years$4,098$3,469$2,923$2,453$2,052$907
17 years$3,817$3,195$2,660$2,204$1,819$756
18 years$3,567$2,952$2,428$1,986$1,618$630
19 years$3,344$2,736$2,223$1,795$1,442$527
20 years$3,144$2,542$2,040$1,626$1,288$441
21 years$2,963$2,368$1,876$1,475$1,152$369
22 years$2,798$2,211$1,729$1,341$1,033$309
23 years$2,648$2,067$1,597$1,222$927$259
24 years$2,511$1,937$1,477$1,114$833$218
25 years$2,385$1,818$1,368$1,018$750$183
26 years$2,269$1,708$1,269$930$676$153
27 years$2,161$1,608$1,178$852$609$129
28 years$2,062$1,515$1,095$780$550$108
29 years$1,969$1,429$1,019$716$496$91
30 years$1,883$1,350$949$657$448$77
31 years$1,802$1,276$885$603$405$64
32 years$1,727$1,207$826$554$367$54
33 years$1,657$1,143$771$510$332$46
34 years$1,590$1,084$720$469$300$38
35 years$1,528$1,028$673$432$272$32
36 years$1,469$976$630$398$247$27
37 years$1,414$927$590$366$223$23
38 years$1,361$881$552$338$203$19
39 years$1,312$837$517$311$184$16
40 years$1,265$797$485$287$167$14
41 years$1,220$758$455$265$151$11
42 years$1,178$722$426$245$137$10
43 years$1,137$688$400$226$125$8
44 years$1,099$656$376$208$113$7
45 years$1,062$626$353$192$103$6
46 years$1,028$597$331$178$93$5
47 years$994$569$311$164$85$4
48 years$963$544$292$152$77$3
49 years$932$519$275$140$70$3
50 years$903$496$258$130$63$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $925,000, adding $3,245 every year, while hoping to spend $38,468 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: 48/31/21 Blend
29$925,000$925,000$925,000$925,000
30$1,022,697$973,672$959,335$1,065,565
31$1,086,083$980,453$950,543$1,102,542
32$1,154,644$986,276$940,167$1,138,542
33$1,228,869$991,054$928,114$1,176,837
34$1,309,293$994,695$914,285$1,217,658
35$1,396,505$997,100$898,578$1,261,264
36$1,491,154$998,163$880,885$1,307,938
37$1,593,951$997,772$861,094$1,357,999
38$1,705,680$995,809$839,087$1,411,795
39$1,827,204$992,148$814,741$1,469,716
40$1,959,470$986,655$787,927$1,532,191
41$2,103,524$979,189$758,510$1,599,699
42$2,260,513$969,599$726,349$1,672,766
43$2,431,701$957,725$691,298$1,751,979
44$2,618,480$943,399$653,202$1,837,984
45$2,822,381$926,442$611,900$1,931,498
46$3,045,090$906,663$567,225$2,033,316
47$3,288,462$883,862$518,999$2,144,315
48$3,554,540$857,827$467,041$2,265,467
49$3,845,574$828,331$411,157$2,397,847
50$4,164,040$795,136$351,149$2,542,645
51$4,512,665$757,991$286,805$2,701,175
52$4,894,453$716,629$217,909$2,874,893
53$5,312,710$670,767$144,233$3,065,406
54$5,771,079$620,107$65,537$3,274,492
55$6,273,570$564,333$0$3,504,117
56$6,824,602$503,113$0$3,760,586
57$7,429,039$436,093$0$4,058,107
58$8,092,241$362,902$0$4,384,692
59$8,820,111$283,145$0$4,743,336
60$9,619,151$196,408$0$5,137,342
61$10,496,524$102,252$0$5,570,356
62$11,460,120$213$0$6,046,401
63$12,518,631$0$0$6,569,915
64$13,681,631$0$0$7,183,384
65$14,959,670$0$0$7,857,726
66$16,364,368$0$0$8,599,012
67$17,908,528$0$0$9,414,012
68$19,606,254$0$0$10,310,187
69$21,473,087$0$0$11,295,753
70$23,526,147$0$0$12,379,766
71$25,784,297$0$0$13,572,202
72$28,268,321$0$0$14,884,051
73$31,001,117$0$0$16,327,425
74$34,007,915$0$0$17,915,667
75$37,316,515$0$0$19,663,479
76$40,957,545$0$0$21,587,061
77$44,964,754$0$0$23,704,263
78$49,375,329$0$0$26,034,751
79$54,230,245$0$0$28,600,198
80$59,574,648$0$0$31,424,483
81$65,458,288$0$0$34,533,917
82$71,935,980$0$0$37,957,494
83$79,068,127$0$0$41,727,161
84$86,921,285$0$0$45,878,121
85$95,568,794$0$0$50,449,165
86$105,091,467$0$0$55,483,036
87$115,578,354$0$0$61,026,837
88$127,127,582$0$0$67,132,467
89$139,847,279$0$0$73,857,120
90$153,856,594$0$0$81,263,818
91$169,286,823$0$0$89,422,007
92$186,282,647$0$0$98,408,214
93$205,003,495$0$0$108,306,766
94$225,625,050$0$0$119,210,589
95$248,340,906$0$0$131,222,083
96$273,364,395$0$0$144,454,088
97$300,930,602$0$0$159,030,949
98$331,298,576$0$0$175,089,690
99$364,753,786$0$0$192,781,307
100$401,610,804$0$0$212,272,191