Can I retire at age 30 with 936,000?

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 $936,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$77,294$76,606$75,934$75,278$74,638$71,847
2 years$38,264$37,552$36,861$36,191$35,542$32,762
3 years$25,256$24,540$23,852$23,188$22,549$19,868
4 years$18,753$18,040$17,358$16,706$16,082$13,520
5 years$14,853$14,143$13,470$12,832$12,226$9,789
6 years$12,253$11,549$10,886$10,262$9,674$7,364
7 years$10,397$9,699$9,046$8,437$7,867$5,684
8 years$9,006$8,314$7,672$7,077$6,527$4,468
9 years$7,924$7,239$6,608$6,028$5,496$3,560
10 years$7,059$6,381$5,761$5,196$4,683$2,865
11 years$6,352$5,680$5,072$4,522$4,028$2,324
12 years$5,763$5,098$4,501$3,967$3,490$1,896
13 years$5,265$4,607$4,021$3,502$3,044$1,555
14 years$4,839$4,188$3,613$3,109$2,668$1,280
15 years$4,470$3,826$3,262$2,772$2,349$1,057
16 years$4,147$3,510$2,958$2,482$2,076$876
17 years$3,862$3,233$2,691$2,230$1,841$727
18 years$3,610$2,987$2,457$2,010$1,637$604
19 years$3,384$2,768$2,249$1,816$1,459$503
20 years$3,181$2,573$2,064$1,645$1,303$419
21 years$2,998$2,396$1,899$1,493$1,166$349
22 years$2,831$2,237$1,750$1,357$1,045$292
23 years$2,680$2,092$1,616$1,236$938$244
24 years$2,541$1,960$1,494$1,128$843$204
25 years$2,413$1,839$1,384$1,030$759$170
26 years$2,296$1,729$1,284$942$684$142
27 years$2,187$1,627$1,192$862$616$119
28 years$2,086$1,533$1,108$790$556$100
29 years$1,993$1,446$1,031$724$502$84
30 years$1,905$1,366$960$665$454$70
31 years$1,824$1,291$895$610$410$59
32 years$1,748$1,222$835$561$371$49
33 years$1,676$1,157$780$516$336$41
34 years$1,609$1,097$729$475$304$34
35 years$1,546$1,040$681$437$275$29
36 years$1,487$987$637$402$250$24
37 years$1,430$938$597$371$226$20
38 years$1,377$891$559$342$205$17
39 years$1,327$847$523$315$186$14
40 years$1,280$806$491$291$169$12
41 years$1,235$767$460$268$153$10
42 years$1,192$731$432$247$139$8
43 years$1,151$696$405$228$126$7
44 years$1,112$664$380$211$114$6
45 years$1,075$633$357$195$104$5
46 years$1,040$604$335$180$94$4
47 years$1,006$576$315$166$86$3
48 years$974$550$296$154$78$3
49 years$943$525$278$142$71$2
50 years$914$502$262$131$64$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $936,000, adding $3,407 every year, while hoping to spend $20,093 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: 49/38/13 Blend
29$936,000$936,000$936,000$936,000
30$1,034,986$985,378$970,870$1,081,848
31$1,119,176$1,012,283$982,016$1,141,347
32$1,211,280$1,039,833$992,861$1,203,570
33$1,312,084$1,068,038$1,003,375$1,270,708
34$1,422,453$1,096,908$1,013,525$1,343,229
35$1,543,340$1,126,454$1,023,275$1,421,648
36$1,675,796$1,156,685$1,032,590$1,506,529
37$1,820,976$1,187,612$1,041,431$1,598,497
38$1,980,153$1,219,242$1,049,756$1,698,235
39$2,154,730$1,251,586$1,057,524$1,806,501
40$2,346,250$1,284,652$1,064,689$1,924,124
41$2,556,415$1,318,447$1,071,203$2,052,021
42$2,787,098$1,352,980$1,077,018$2,191,199
43$3,040,364$1,388,258$1,082,080$2,342,769
44$3,318,487$1,424,288$1,086,334$2,507,955
45$3,623,969$1,461,075$1,089,724$2,688,102
46$3,959,572$1,498,625$1,092,187$2,884,696
47$4,328,333$1,536,943$1,093,660$3,099,370
48$4,733,602$1,576,032$1,094,077$3,333,925
49$5,179,068$1,615,896$1,093,366$3,590,346
50$5,668,794$1,656,536$1,091,455$3,870,817
51$6,207,258$1,697,953$1,088,266$4,177,747
52$6,799,393$1,740,148$1,083,718$4,513,788
53$7,450,634$1,783,118$1,077,726$4,881,864
54$8,166,970$1,826,862$1,070,201$5,285,194
55$8,954,998$1,871,375$1,061,049$5,727,328
56$9,821,986$1,916,651$1,050,173$6,212,174
57$10,775,946$1,962,684$1,037,471$6,744,043
58$11,825,701$2,009,464$1,022,835$7,327,681
59$12,980,975$2,056,980$1,006,152$7,968,319
60$14,252,482$2,105,220$987,306$8,671,722
61$15,652,028$2,154,168$966,173$9,444,241
62$17,192,619$2,203,807$942,625$10,292,878
63$18,888,590$2,254,118$916,527$11,225,345
64$20,755,733$2,305,076$887,737$12,250,142
65$22,811,450$2,356,657$856,109$13,376,637
66$25,074,918$2,408,833$821,488$14,615,152
67$27,567,265$2,461,572$783,713$15,977,063
68$30,311,775$2,514,838$742,617$17,474,905
69$33,334,104$2,568,592$698,022$19,122,493
70$36,662,521$2,622,792$649,744$20,935,050
71$40,328,180$2,677,390$597,592$22,929,354
72$44,365,407$2,732,336$541,365$25,123,894
73$48,812,030$2,787,571$480,852$27,539,045
74$53,709,732$2,843,036$415,835$30,197,260
75$59,104,443$2,898,664$346,084$33,123,285
76$65,046,778$2,954,381$271,360$36,344,390
77$71,592,513$3,010,109$191,414$39,890,628
78$78,803,108$3,065,763$105,985$43,795,117
79$86,746,291$3,121,251$14,802$48,094,356
80$95,496,695$3,176,475$0$52,828,567
81$105,136,561$3,231,325$0$58,053,522
82$115,756,519$3,285,689$0$63,809,563
83$127,456,438$3,339,441$0$70,148,510
84$140,346,369$3,392,449$0$77,129,738
85$154,547,590$3,444,569$0$84,818,675
86$170,193,740$3,495,649$0$93,287,424
87$187,432,090$3,545,525$0$102,615,442
88$206,424,927$3,594,019$0$112,890,290
89$227,351,088$3,640,945$0$124,208,462
90$250,407,649$3,686,101$0$136,676,294
91$275,811,782$3,729,273$0$150,410,969
92$303,802,806$3,770,230$0$165,541,623
93$334,644,449$3,808,728$0$182,210,565
94$368,627,333$3,844,506$0$200,574,622
95$406,071,719$3,877,285$0$220,806,616
96$447,330,532$3,906,769$0$243,097,002
97$492,792,687$3,932,641$0$267,655,659
98$542,886,767$3,954,567$0$294,713,880
99$598,085,064$3,972,187$0$324,526,550
100$658,908,038$3,985,122$0$357,374,555