Can I retire at age 30 with 939,000?

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 $939,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$77,542$76,851$76,177$75,519$74,877$74,405
2 years$38,387$37,672$36,979$36,307$35,656$35,180
3 years$25,337$24,619$23,928$23,263$22,622$22,156
4 years$18,813$18,098$17,413$16,759$16,134$15,683
5 years$14,900$14,189$13,514$12,873$12,265$11,829
6 years$12,292$11,586$10,921$10,294$9,705$9,285
7 years$10,430$9,730$9,075$8,464$7,892$7,489
8 years$9,034$8,340$7,697$7,100$6,548$6,161
9 years$7,949$7,262$6,629$6,048$5,514$5,143
10 years$7,082$6,401$5,779$5,213$4,698$4,344
11 years$6,372$5,698$5,088$4,537$4,041$3,702
12 years$5,781$5,115$4,516$3,979$3,502$3,178
13 years$5,282$4,622$4,034$3,513$3,053$2,745
14 years$4,854$4,201$3,625$3,119$2,677$2,383
15 years$4,484$3,838$3,273$2,781$2,357$2,078
16 years$4,160$3,521$2,967$2,490$2,083$1,818
17 years$3,875$3,243$2,700$2,238$1,847$1,595
18 years$3,621$2,997$2,465$2,017$1,642$1,404
19 years$3,395$2,777$2,256$1,822$1,464$1,238
20 years$3,191$2,581$2,071$1,650$1,307$1,094
21 years$3,007$2,404$1,905$1,498$1,170$968
22 years$2,840$2,244$1,756$1,362$1,049$859
23 years$2,688$2,099$1,621$1,240$941$762
24 years$2,549$1,966$1,499$1,131$846$677
25 years$2,421$1,845$1,388$1,033$761$603
26 years$2,303$1,734$1,288$945$686$536
27 years$2,194$1,632$1,196$865$618$478
28 years$2,093$1,538$1,112$792$558$426
29 years$1,999$1,451$1,034$726$504$380
30 years$1,911$1,370$964$667$455$340
31 years$1,830$1,295$898$612$412$303
32 years$1,753$1,226$838$563$372$271
33 years$1,682$1,161$783$517$337$242
34 years$1,614$1,100$731$476$305$217
35 years$1,551$1,043$684$438$276$194
36 years$1,491$990$639$404$250$173
37 years$1,435$941$599$372$227$155
38 years$1,382$894$561$343$206$139
39 years$1,331$850$525$316$187$124
40 years$1,284$809$492$292$169$111
41 years$1,238$770$462$269$153$100
42 years$1,195$733$433$248$139$89
43 years$1,155$699$406$229$126$80
44 years$1,116$666$381$212$115$72
45 years$1,079$635$358$195$104$64
46 years$1,043$606$336$180$95$58
47 years$1,009$578$316$167$86$52
48 years$977$552$297$154$78$46
49 years$946$527$279$142$71$41
50 years$917$503$262$132$64$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $939,000, adding $3,117 every year, while hoping to spend $29,262 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: 75/6/19 Blend
29$939,000$939,000$939,000$939,000
30$1,037,993$988,226$973,672$1,111,019
31$1,112,734$1,005,515$975,155$1,177,120
32$1,194,118$1,022,670$975,708$1,245,655
33$1,282,791$1,039,654$975,267$1,320,013
34$1,379,465$1,056,426$973,768$1,400,765
35$1,484,923$1,072,944$971,142$1,488,543
36$1,600,029$1,089,162$967,319$1,584,043
37$1,725,729$1,105,028$962,221$1,688,030
38$1,863,070$1,120,491$955,772$1,801,351
39$2,013,201$1,135,493$947,888$1,924,934
40$2,177,388$1,149,973$938,484$2,059,808
41$2,357,026$1,163,866$927,467$2,207,101
42$2,553,650$1,177,102$914,744$2,368,060
43$2,768,950$1,189,608$900,216$2,544,058
44$3,004,788$1,201,304$883,778$2,736,608
45$3,263,213$1,212,104$865,321$2,947,378
46$3,546,484$1,221,920$844,733$3,178,206
47$3,857,086$1,230,656$821,892$3,431,118
48$4,197,759$1,238,208$796,676$3,708,346
49$4,571,520$1,244,469$768,954$4,012,352
50$4,981,689$1,249,323$738,588$4,345,847
51$5,431,929$1,252,647$705,438$4,711,821
52$5,926,268$1,254,310$669,353$5,113,569
53$6,469,150$1,254,173$630,179$5,554,721
54$7,065,465$1,252,089$587,751$6,039,279
55$7,720,603$1,247,902$541,902$6,571,655
56$8,440,500$1,241,445$492,451$7,156,711
57$9,231,698$1,232,542$439,215$7,799,804
58$10,101,401$1,221,006$381,998$8,506,841
59$11,057,547$1,206,640$320,599$9,284,330
60$12,108,884$1,189,232$254,806$10,139,445
61$13,265,046$1,168,560$184,398$11,080,093
62$14,536,650$1,144,389$109,144$12,114,988
63$15,935,392$1,116,468$28,804$13,253,736
64$17,474,161$1,084,533$0$14,506,921
65$19,167,154$1,048,304$0$15,897,752
66$21,030,018$1,007,485$0$17,434,529
67$23,079,989$961,762$0$19,125,631
68$25,336,063$910,803$0$20,986,738
69$27,819,166$854,257$0$23,035,122
70$30,552,359$791,753$0$25,289,820
71$33,561,051$722,900$0$27,771,806
72$36,873,237$647,282$0$30,504,194
73$40,519,769$564,460$0$33,512,453
74$44,534,640$473,973$0$36,824,649
75$48,955,305$375,330$0$40,471,709
76$53,823,040$268,014$0$44,487,713
77$59,183,324$151,481$0$48,910,215
78$65,086,272$25,152$0$53,780,599
79$71,587,108$0$0$59,144,468
80$78,746,683$0$0$65,059,443
81$86,632,052$0$0$71,575,922
82$95,317,105$0$0$78,753,316
83$104,883,263$0$0$86,658,919
84$115,420,250$0$0$95,366,885
85$127,026,934$0$0$104,958,929
86$139,812,266$0$0$115,525,097
87$153,896,302$0$0$127,164,616
88$169,411,340$0$0$139,986,829
89$186,503,167$0$0$154,112,227
90$205,332,434$0$0$169,673,588
91$226,076,173$0$0$186,817,228
92$248,929,469$0$0$205,704,383
93$274,107,297$0$0$226,512,729
94$301,846,554$0$0$249,438,061
95$332,408,296$0$0$274,696,140
96$366,080,197$0$0$302,524,728
97$403,179,269$0$0$333,185,833
98$444,054,851$0$0$366,968,184
99$489,091,909$0$0$404,189,953
100$538,714,665$0$0$445,201,760