Can I retire at age 30 with 927,000?

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 $927,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$76,551$75,869$75,204$74,554$73,920$72,966
2 years$37,896$37,191$36,507$35,843$35,200$34,240
3 years$25,013$24,304$23,622$22,965$22,332$21,397
4 years$18,573$17,866$17,191$16,545$15,928$15,023
5 years$14,710$14,007$13,341$12,708$12,108$11,237
6 years$12,135$11,438$10,781$10,163$9,581$8,745
7 years$10,297$9,606$8,959$8,355$7,792$6,991
8 years$8,919$8,234$7,598$7,009$6,464$5,699
9 years$7,848$7,169$6,544$5,970$5,444$4,713
10 years$6,991$6,319$5,706$5,146$4,638$3,942
11 years$6,291$5,626$5,023$4,479$3,989$3,327
12 years$5,708$5,049$4,458$3,929$3,457$2,827
13 years$5,215$4,563$3,983$3,468$3,014$2,417
14 years$4,792$4,148$3,579$3,079$2,642$2,076
15 years$4,427$3,789$3,231$2,746$2,327$1,791
16 years$4,107$3,476$2,929$2,459$2,056$1,550
17 years$3,825$3,202$2,666$2,209$1,823$1,345
18 years$3,575$2,958$2,433$1,991$1,621$1,170
19 years$3,352$2,742$2,228$1,799$1,445$1,020
20 years$3,151$2,548$2,044$1,629$1,291$891
21 years$2,969$2,373$1,880$1,479$1,155$779
22 years$2,804$2,215$1,733$1,344$1,035$683
23 years$2,654$2,072$1,600$1,224$929$599
24 years$2,516$1,941$1,480$1,117$835$525
25 years$2,390$1,822$1,371$1,020$752$462
26 years$2,273$1,712$1,271$932$677$406
27 years$2,166$1,611$1,180$854$610$357
28 years$2,066$1,518$1,097$782$551$314
29 years$1,973$1,432$1,021$717$497$277
30 years$1,887$1,353$951$658$449$244
31 years$1,806$1,279$887$604$406$215
32 years$1,731$1,210$827$555$368$190
33 years$1,660$1,146$773$511$333$167
34 years$1,594$1,086$722$470$301$148
35 years$1,531$1,030$675$433$273$130
36 years$1,472$978$631$398$247$115
37 years$1,417$929$591$367$224$102
38 years$1,364$883$553$338$203$90
39 years$1,314$839$518$312$184$79
40 years$1,267$798$486$288$167$70
41 years$1,223$760$456$266$152$62
42 years$1,180$724$427$245$137$55
43 years$1,140$690$401$226$125$48
44 years$1,101$657$376$209$113$43
45 years$1,065$627$353$193$103$38
46 years$1,030$598$332$178$93$33
47 years$997$571$312$165$85$29
48 years$965$545$293$152$77$26
49 years$934$520$276$141$70$23
50 years$905$497$259$130$64$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $927,000, adding $2,239 every year, while hoping to spend $43,988 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: 51/38/11 Blend
29$927,000$927,000$927,000$927,000
30$1,023,864$974,733$960,364$1,072,987
31$1,081,495$975,692$945,733$1,107,746
32$1,143,530$975,223$929,138$1,140,647
33$1,210,372$973,211$910,466$1,175,402
34$1,282,464$969,532$889,601$1,212,197
35$1,360,290$964,055$866,418$1,251,239
36$1,444,386$956,640$840,789$1,292,757
37$1,535,338$947,140$812,580$1,337,008
38$1,633,792$935,399$781,651$1,384,276
39$1,740,456$921,250$747,853$1,434,878
40$1,856,110$904,519$711,034$1,489,163
41$1,981,612$885,020$671,032$1,547,522
42$2,117,905$862,554$627,680$1,610,387
43$2,266,026$836,914$580,802$1,678,238
44$2,427,117$807,878$530,215$1,751,608
45$2,602,432$775,214$475,727$1,831,087
46$2,793,353$738,673$417,137$1,917,331
47$3,001,401$697,993$354,237$2,011,067
48$3,228,248$652,899$286,808$2,113,098
49$3,475,736$603,098$214,622$2,224,319
50$3,745,891$548,280$137,442$2,345,717
51$4,040,944$488,118$55,019$2,478,388
52$4,363,352$422,267$0$2,623,546
53$4,715,817$350,361$0$2,786,400
54$5,101,317$272,015$0$2,971,713
55$5,523,129$186,821$0$3,174,702
56$5,984,862$94,350$0$3,397,222
57$6,490,491$0$0$3,641,326
58$7,044,392$0$0$3,911,731
59$7,651,385$0$0$4,251,382
60$8,316,778$0$0$4,623,807
61$9,046,417$0$0$5,032,291
62$9,846,741$0$0$5,480,452
63$10,724,843$0$0$5,972,274
64$11,688,533$0$0$6,512,145
65$12,746,416$0$0$7,104,900
66$13,907,972$0$0$7,755,864
67$15,183,642$0$0$8,470,904
68$16,584,927$0$0$9,256,482
69$18,124,498$0$0$10,119,718
70$19,816,315$0$0$11,068,454
71$21,675,756$0$0$12,111,333
72$23,719,762$0$0$13,257,872
73$25,966,998$0$0$14,518,561
74$28,438,030$0$0$15,904,955
75$31,155,511$0$0$17,429,784
76$34,144,406$0$0$19,107,075
77$37,432,215$0$0$20,952,282
78$41,049,240$0$0$22,982,433
79$45,028,869$0$0$25,216,290
80$49,407,886$0$0$27,674,525
81$54,226,825$0$0$30,379,913
82$59,530,345$0$0$33,357,553
83$65,367,654$0$0$36,635,097
84$71,792,973$0$0$40,243,016
85$78,866,045$0$0$44,214,883
86$86,652,702$0$0$48,587,693
87$95,225,481$0$0$53,402,211
88$104,664,311$0$0$58,703,355
89$115,057,265$0$0$64,540,621
90$126,501,391$0$0$70,968,547
91$139,103,630$0$0$78,047,233
92$152,981,819$0$0$85,842,901
93$168,265,806$0$0$94,428,525
94$185,098,675$0$0$103,884,517
95$203,638,093$0$0$114,299,485
96$224,057,802$0$0$125,771,070
97$246,549,253$0$0$138,406,868
98$271,323,415$0$0$152,325,442
99$298,612,765$0$0$167,657,444
100$328,673,481$0$0$184,546,847