Can I retire at age 30 with 952,000?

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 $952,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$78,615$77,915$77,232$76,565$75,914$73,631
2 years$38,918$38,194$37,491$36,810$36,149$33,869
3 years$25,688$24,960$24,259$23,585$22,935$20,728
4 years$19,074$18,348$17,655$16,991$16,357$14,241
5 years$15,107$14,385$13,701$13,051$12,434$10,415
6 years$12,463$11,747$11,072$10,437$9,839$7,917
7 years$10,575$9,865$9,201$8,581$8,002$6,178
8 years$9,159$8,456$7,803$7,198$6,638$4,911
9 years$8,059$7,362$6,721$6,131$5,590$3,958
10 years$7,180$6,490$5,859$5,285$4,763$3,224
11 years$6,460$5,777$5,159$4,600$4,097$2,648
12 years$5,862$5,185$4,578$4,035$3,550$2,188
13 years$5,355$4,686$4,090$3,562$3,096$1,818
14 years$4,921$4,260$3,675$3,162$2,714$1,517
15 years$4,546$3,891$3,318$2,820$2,389$1,269
16 years$4,218$3,570$3,008$2,525$2,112$1,066
17 years$3,928$3,288$2,737$2,269$1,872$897
18 years$3,671$3,038$2,499$2,044$1,665$756
19 years$3,442$2,816$2,288$1,847$1,484$638
20 years$3,236$2,617$2,100$1,673$1,325$540
21 years$3,049$2,437$1,931$1,518$1,186$457
22 years$2,880$2,275$1,780$1,381$1,063$387
23 years$2,725$2,128$1,643$1,257$954$328
24 years$2,584$1,994$1,520$1,147$858$279
25 years$2,454$1,871$1,408$1,047$772$237
26 years$2,335$1,758$1,306$958$695$201
27 years$2,224$1,655$1,212$877$627$171
28 years$2,122$1,559$1,127$803$566$145
29 years$2,027$1,471$1,049$736$511$123
30 years$1,938$1,389$977$676$461$105
31 years$1,855$1,313$911$621$417$89
32 years$1,778$1,243$850$570$377$76
33 years$1,705$1,177$793$525$342$65
34 years$1,637$1,115$741$483$309$55
35 years$1,572$1,058$693$444$280$47
36 years$1,512$1,004$648$409$254$40
37 years$1,455$954$607$377$230$34
38 years$1,401$906$568$348$209$29
39 years$1,350$862$532$320$189$25
40 years$1,302$820$499$296$172$21
41 years$1,256$781$468$273$156$18
42 years$1,212$743$439$252$141$15
43 years$1,171$708$412$232$128$13
44 years$1,131$675$387$214$116$11
45 years$1,094$644$363$198$106$9
46 years$1,058$614$341$183$96$8
47 years$1,023$586$320$169$87$7
48 years$991$559$301$156$79$6
49 years$959$534$283$144$72$5
50 years$929$510$266$133$65$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $952,000, adding $3,082 every year, while hoping to spend $32,937 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: 65/26/9 Blend
29$952,000$952,000$952,000$952,000
30$1,052,283$1,001,827$987,071$1,118,540
31$1,124,571$1,015,872$985,093$1,177,103
32$1,203,129$1,029,501$981,945$1,236,889
33$1,288,561$1,042,659$977,553$1,301,358
34$1,381,532$1,055,288$971,839$1,370,962
35$1,482,775$1,067,323$964,723$1,446,203
36$1,593,095$1,078,699$956,118$1,527,629
37$1,713,378$1,089,343$945,935$1,615,850
38$1,844,601$1,099,179$934,082$1,711,534
39$1,987,837$1,108,125$920,461$1,815,420
40$2,144,268$1,116,095$904,968$1,928,320
41$2,315,196$1,122,997$887,497$2,051,133
42$2,502,053$1,128,730$867,935$2,184,846
43$2,706,417$1,133,193$846,165$2,330,552
44$2,930,024$1,136,272$822,065$2,489,451
45$3,174,787$1,137,850$795,504$2,662,870
46$3,442,812$1,137,801$766,350$2,852,271
47$3,736,418$1,135,992$734,462$3,059,266
48$4,058,158$1,132,281$699,692$3,285,631
49$4,410,845$1,126,518$661,887$3,533,326
50$4,797,578$1,118,544$620,886$3,804,512
51$5,221,767$1,108,189$576,522$4,101,571
52$5,687,170$1,095,273$528,619$4,427,130
53$6,197,928$1,079,608$476,994$4,784,084
54$6,758,598$1,060,991$421,455$5,175,629
55$7,374,205$1,039,208$361,803$5,605,283
56$8,050,279$1,014,035$297,829$6,076,929
57$8,792,916$985,231$229,315$6,594,848
58$9,608,829$952,544$156,033$7,163,758
59$10,505,416$915,704$77,745$7,788,863
60$11,490,823$874,428$0$8,475,898
61$12,574,028$828,417$0$9,231,745
62$13,764,922$777,352$0$10,070,824
63$15,074,399$720,897$0$10,993,373
64$16,514,464$658,698$0$12,007,895
65$18,098,345$590,379$0$13,123,762
66$19,840,612$515,544$0$14,351,303
67$21,757,322$433,773$0$15,701,904
68$23,866,165$344,624$0$17,188,117
69$26,186,633$247,629$0$18,823,775
70$28,740,200$142,294$0$20,624,127
71$31,550,532$28,098$0$22,605,981
72$34,643,700$0$0$24,787,863
73$38,048,435$0$0$27,217,518
74$41,796,391$0$0$29,901,027
75$45,922,450$0$0$32,855,335
76$50,465,046$0$0$36,107,970
77$55,466,529$0$0$39,689,269
78$60,973,567$0$0$43,632,655
79$67,037,580$0$0$47,974,962
80$73,715,230$0$0$52,756,776
81$81,068,956$0$0$58,022,818
82$89,167,556$0$0$63,822,369
83$98,086,846$0$0$70,209,733
84$107,910,365$0$0$77,244,748
85$118,730,170$0$0$84,993,355
86$130,647,704$0$0$93,528,212
87$143,774,749$0$0$102,929,390
88$158,234,483$0$0$113,285,119
89$174,162,643$0$0$124,692,626
90$191,708,805$0$0$137,259,049
91$211,037,795$0$0$151,102,453
92$232,331,245$0$0$166,352,938
93$255,789,306$0$0$183,153,870
94$281,632,538$0$0$201,663,235
95$310,103,991$0$0$222,055,126
96$341,471,497$0$0$244,521,391
97$376,030,201$0$0$269,273,440
98$414,105,344$0$0$296,544,239
99$456,055,333$0$0$326,590,515
100$502,275,126$0$0$359,695,172