Can I retire at age 30 with 935,000?

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 $935,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$77,211$76,524$75,853$75,198$74,558$72,993
2 years$38,223$37,512$36,822$36,153$35,504$33,935
3 years$25,229$24,514$23,826$23,163$22,525$21,000
4 years$18,733$18,021$17,339$16,688$16,065$14,597
5 years$14,837$14,128$13,456$12,818$12,212$10,805
6 years$12,240$11,537$10,874$10,251$9,663$8,317
7 years$10,386$9,689$9,037$8,428$7,859$6,575
8 years$8,996$8,305$7,664$7,070$6,520$5,298
9 years$7,915$7,231$6,601$6,022$5,491$4,330
10 years$7,051$6,374$5,755$5,191$4,678$3,578
11 years$6,345$5,674$5,066$4,518$4,023$2,981
12 years$5,757$5,093$4,496$3,963$3,487$2,501
13 years$5,260$4,602$4,017$3,498$3,040$2,110
14 years$4,834$4,183$3,609$3,105$2,665$1,789
15 years$4,465$3,822$3,259$2,769$2,347$1,522
16 years$4,142$3,506$2,955$2,480$2,074$1,298
17 years$3,858$3,229$2,689$2,228$1,839$1,111
18 years$3,606$2,984$2,454$2,008$1,635$953
19 years$3,380$2,765$2,247$1,814$1,457$818
20 years$3,178$2,570$2,062$1,643$1,302$704
21 years$2,995$2,394$1,897$1,491$1,165$607
22 years$2,828$2,234$1,748$1,356$1,044$523
23 years$2,677$2,090$1,614$1,235$937$452
24 years$2,538$1,958$1,493$1,126$842$390
25 years$2,411$1,837$1,383$1,029$758$338
26 years$2,293$1,727$1,282$941$683$292
27 years$2,185$1,625$1,191$861$616$253
28 years$2,084$1,531$1,107$789$556$219
29 years$1,990$1,445$1,030$723$502$190
30 years$1,903$1,364$959$664$453$165
31 years$1,822$1,290$894$610$410$143
32 years$1,746$1,220$835$560$371$124
33 years$1,674$1,156$779$515$335$107
34 years$1,607$1,095$728$474$304$93
35 years$1,544$1,039$681$436$275$81
36 years$1,485$986$637$402$249$70
37 years$1,429$937$596$370$226$61
38 years$1,376$890$558$341$205$53
39 years$1,326$846$523$315$186$46
40 years$1,278$805$490$290$168$40
41 years$1,233$767$460$268$153$35
42 years$1,190$730$431$247$139$30
43 years$1,150$696$405$228$126$26
44 years$1,111$663$380$211$114$23
45 years$1,074$632$357$195$104$20
46 years$1,039$603$335$180$94$17
47 years$1,005$576$315$166$86$15
48 years$973$549$296$153$78$13
49 years$942$525$278$142$71$11
50 years$913$501$261$131$64$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $935,000, adding $5,166 every year, while hoping to spend $22,617 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: 49/39/12 Blend
29$935,000$935,000$935,000$935,000
30$1,035,699$986,144$971,651$1,082,812
31$1,117,276$1,010,400$980,137$1,139,987
32$1,206,415$1,035,088$988,149$1,199,270
33$1,303,866$1,060,203$995,648$1,263,153
34$1,410,449$1,085,742$1,002,592$1,332,075
35$1,527,072$1,111,701$1,008,936$1,406,516
36$1,654,733$1,138,073$1,014,634$1,487,009
37$1,794,529$1,164,853$1,019,639$1,574,138
38$1,947,672$1,192,031$1,023,897$1,668,546
39$2,115,494$1,219,600$1,027,357$1,770,943
40$2,299,462$1,247,548$1,029,961$1,882,109
41$2,501,193$1,275,863$1,031,650$2,002,907
42$2,722,466$1,304,532$1,032,362$2,134,283
43$2,965,243$1,333,540$1,032,032$2,277,282
44$3,231,684$1,362,869$1,030,591$2,433,055
45$3,524,167$1,392,501$1,027,967$2,602,870
46$3,845,313$1,422,415$1,024,085$2,788,125
47$4,198,009$1,452,588$1,018,866$2,990,359
48$4,585,435$1,482,994$1,012,227$3,211,268
49$5,011,095$1,513,605$1,004,082$3,452,723
50$5,478,846$1,544,392$994,339$3,716,783
51$5,992,942$1,575,320$982,903$4,005,719
52$6,558,066$1,606,355$969,674$4,322,034
53$7,179,379$1,637,457$954,548$4,668,485
54$7,862,567$1,668,583$937,416$5,048,111
55$8,613,892$1,699,687$918,163$5,464,262
56$9,440,257$1,730,719$896,669$5,920,629
57$10,349,265$1,761,626$872,809$6,421,281
58$11,349,294$1,792,350$846,453$6,970,702
59$12,449,575$1,822,828$817,462$7,573,833
60$13,660,278$1,852,993$785,693$8,236,121
61$14,992,609$1,882,773$750,997$8,963,570
62$16,458,916$1,912,090$713,216$9,762,795
63$18,072,804$1,940,861$672,187$10,641,089
64$19,849,263$1,968,996$627,739$11,606,489
65$21,804,812$1,996,401$579,692$12,667,854
66$23,957,651$2,022,973$527,860$13,834,945
67$26,327,835$2,048,602$472,047$15,118,525
68$28,937,463$2,073,172$412,049$16,530,452
69$31,810,885$2,096,558$347,653$18,083,797
70$34,974,932$2,118,626$278,637$19,792,969
71$38,459,171$2,139,235$204,767$21,673,844
72$42,296,182$2,158,233$125,803$23,743,924
73$46,521,865$2,175,459$41,489$26,022,496
74$51,175,778$2,190,739$0$28,530,819
75$56,301,514$2,203,892$0$31,298,531
76$61,947,108$2,214,723$0$34,351,318
77$68,165,493$2,223,023$0$37,712,361
78$75,014,995$2,228,574$0$41,413,066
79$82,559,890$2,231,140$0$45,488,042
80$90,871,006$2,230,472$0$49,975,434
81$100,026,390$2,226,307$0$54,917,279
82$110,112,050$2,218,364$0$60,359,902
83$121,222,761$2,206,346$0$66,354,359
84$133,462,962$2,189,936$0$72,956,915
85$146,947,740$2,168,799$0$80,229,579
86$161,803,920$2,142,581$0$88,240,687
87$178,171,257$2,110,905$0$97,065,550
88$196,203,758$2,073,371$0$106,787,165
89$216,071,133$2,029,558$0$117,497,000
90$237,960,400$1,979,018$0$129,295,857
91$262,077,647$1,921,277$0$142,294,825
92$288,649,981$1,855,832$0$156,616,332
93$317,927,665$1,782,155$0$172,395,297
94$350,186,488$1,699,681$0$189,780,412
95$385,730,362$1,607,818$0$208,935,539
96$424,894,194$1,505,936$0$230,041,263
97$468,047,046$1,393,371$0$253,296,599
98$515,595,619$1,269,421$0$278,920,869
99$567,988,091$1,133,341$0$307,155,776
100$625,718,350$984,348$0$338,267,689