Can I retire at age 30 with 926,000?

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 $926,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$76,468$75,787$75,123$74,474$73,841$72,677
2 years$37,856$37,151$36,467$35,805$35,162$33,993
3 years$24,986$24,278$23,597$22,940$22,308$21,170
4 years$18,553$17,847$17,172$16,527$15,910$14,811
5 years$14,694$13,992$13,326$12,695$12,095$11,039
6 years$12,122$11,426$10,770$10,152$9,570$8,558
7 years$10,286$9,595$8,950$8,346$7,783$6,815
8 years$8,909$8,225$7,590$7,002$6,457$5,533
9 years$7,839$7,161$6,537$5,964$5,438$4,557
10 years$6,984$6,312$5,699$5,141$4,633$3,795
11 years$6,284$5,620$5,018$4,474$3,985$3,189
12 years$5,701$5,044$4,453$3,924$3,453$2,698
13 years$5,209$4,558$3,978$3,465$3,011$2,296
14 years$4,787$4,143$3,575$3,076$2,640$1,963
15 years$4,422$3,785$3,227$2,743$2,324$1,685
16 years$4,103$3,473$2,926$2,456$2,054$1,451
17 years$3,821$3,198$2,663$2,207$1,821$1,253
18 years$3,571$2,955$2,431$1,989$1,619$1,085
19 years$3,348$2,739$2,225$1,797$1,443$941
20 years$3,147$2,545$2,042$1,627$1,289$817
21 years$2,966$2,371$1,878$1,477$1,154$711
22 years$2,801$2,213$1,731$1,343$1,034$620
23 years$2,651$2,070$1,598$1,223$928$541
24 years$2,514$1,939$1,478$1,115$834$472
25 years$2,387$1,820$1,369$1,019$751$412
26 years$2,271$1,710$1,270$931$676$361
27 years$2,164$1,610$1,179$853$610$315
28 years$2,064$1,517$1,096$781$550$276
29 years$1,971$1,431$1,020$716$497$242
30 years$1,885$1,351$950$657$449$212
31 years$1,804$1,277$886$604$406$186
32 years$1,729$1,209$827$555$367$163
33 years$1,658$1,145$772$510$332$143
34 years$1,592$1,085$721$469$301$125
35 years$1,530$1,029$674$432$272$110
36 years$1,471$977$631$398$247$96
37 years$1,415$928$590$367$224$85
38 years$1,363$882$553$338$203$74
39 years$1,313$838$518$312$184$65
40 years$1,266$798$485$287$167$57
41 years$1,221$759$455$265$151$50
42 years$1,179$723$427$245$137$44
43 years$1,139$689$401$226$125$39
44 years$1,100$657$376$209$113$34
45 years$1,064$626$353$193$103$30
46 years$1,029$597$332$178$93$26
47 years$995$570$312$164$85$23
48 years$964$544$293$152$77$20
49 years$933$520$275$140$70$18
50 years$904$496$259$130$63$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $926,000, adding $2,802 every year, while hoping to spend $39,279 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: 58/35/7 Blend
29$926,000$926,000$926,000$926,000
30$1,023,342$974,264$959,911$1,080,998
31$1,085,931$980,211$950,276$1,126,003
32$1,153,587$985,132$939,001$1,170,340
33$1,226,785$988,936$925,991$1,217,689
34$1,306,050$991,527$911,144$1,268,338
35$1,391,954$992,799$894,354$1,322,611
36$1,485,131$992,643$875,512$1,380,863
37$1,586,274$990,943$854,502$1,443,486
38$1,696,148$987,573$831,202$1,510,915
39$1,815,594$982,403$805,486$1,583,630
40$1,945,536$975,292$777,221$1,662,161
41$2,086,991$966,092$746,269$1,747,093
42$2,241,080$954,646$712,484$1,839,076
43$2,409,035$940,788$675,717$1,938,823
44$2,592,210$924,341$635,807$2,047,126
45$2,792,100$905,117$592,591$2,164,858
46$3,010,346$882,920$545,894$2,292,984
47$3,248,756$857,538$495,537$2,432,569
48$3,509,322$828,751$441,331$2,584,792
49$3,794,236$796,322$383,078$2,750,952
50$4,105,910$760,004$320,573$2,932,486
51$4,447,002$719,533$253,601$3,130,981
52$4,820,437$674,631$181,938$3,348,188
53$5,229,437$625,004$105,348$3,586,042
54$5,677,551$570,340$23,589$3,846,679
55$6,168,686$510,312$0$4,132,457
56$6,707,145$444,570$0$4,450,736
57$7,297,669$372,749$0$4,801,824
58$7,945,478$294,461$0$5,187,152
59$8,656,322$209,294$0$5,610,246
60$9,436,535$116,817$0$6,074,993
61$10,293,093$16,573$0$6,585,687
62$11,233,682$0$0$7,147,061
63$12,266,768$0$0$7,799,743
64$13,401,677$0$0$8,523,850
65$14,648,684$0$0$9,319,565
66$16,019,106$0$0$10,194,120
67$17,525,414$0$0$11,155,485
68$19,181,344$0$0$12,212,439
69$21,002,032$0$0$13,374,653
70$23,004,152$0$0$14,652,784
71$25,206,075$0$0$16,058,574
72$27,628,043$0$0$17,604,956
73$30,292,356$0$0$19,306,184
74$33,223,587$0$0$21,177,962
75$36,448,807$0$0$23,237,591
76$39,997,846$0$0$25,504,136
77$43,903,573$0$0$27,998,602
78$48,202,201$0$0$30,744,135
79$52,933,634$0$0$33,766,237
80$58,141,839$0$0$37,093,008
81$63,875,263$0$0$40,755,412
82$70,187,291$0$0$44,787,568
83$77,136,742$0$0$49,227,069
84$84,788,434$0$0$54,115,342
85$93,213,786$0$0$59,498,032
86$102,491,498$0$0$65,425,438
87$112,708,288$0$0$71,952,986
88$123,959,714$0$0$79,141,750
89$136,351,074$0$0$87,059,029
90$149,998,398$0$0$95,778,983
91$165,029,544$0$0$105,383,329
92$181,585,403$0$0$115,962,118
93$199,821,229$0$0$127,614,578
94$219,908,104$0$0$140,450,056
95$242,034,551$0$0$154,589,044
96$266,408,315$0$0$170,164,321
97$293,258,318$0$0$187,322,203
98$322,836,827$0$0$206,223,924
99$355,421,828$0$0$227,047,159
100$391,319,653$0$0$249,987,698