Can I retire at age 30 with 963,000?

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 $963,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$79,524$78,815$78,124$77,450$76,791$76,403
2 years$39,368$38,635$37,924$37,235$36,567$36,176
3 years$25,985$25,248$24,540$23,857$23,200$22,817
4 years$19,294$18,560$17,859$17,188$16,546$16,175
5 years$15,281$14,551$13,859$13,202$12,578$12,219
6 years$12,607$11,882$11,200$10,558$9,953$9,607
7 years$10,697$9,979$9,307$8,680$8,094$7,762
8 years$9,265$8,554$7,893$7,281$6,715$6,396
9 years$8,152$7,447$6,799$6,202$5,655$5,349
10 years$7,263$6,565$5,927$5,346$4,818$4,525
11 years$6,535$5,844$5,218$4,653$4,144$3,864
12 years$5,929$5,245$4,631$4,081$3,591$3,323
13 years$5,417$4,740$4,137$3,603$3,131$2,876
14 years$4,978$4,309$3,718$3,198$2,745$2,502
15 years$4,598$3,936$3,356$2,852$2,417$2,185
16 years$4,266$3,611$3,043$2,554$2,136$1,916
17 years$3,974$3,326$2,769$2,295$1,894$1,685
18 years$3,714$3,073$2,528$2,068$1,684$1,486
19 years$3,482$2,848$2,314$1,869$1,501$1,313
20 years$3,273$2,647$2,124$1,692$1,341$1,163
21 years$3,084$2,465$1,953$1,536$1,200$1,032
22 years$2,913$2,301$1,800$1,397$1,075$917
23 years$2,757$2,152$1,662$1,272$965$816
24 years$2,614$2,017$1,537$1,160$868$726
25 years$2,483$1,893$1,424$1,059$781$648
26 years$2,362$1,779$1,321$969$703$578
27 years$2,250$1,674$1,226$887$634$516
28 years$2,146$1,577$1,140$812$572$462
29 years$2,050$1,488$1,061$745$517$413
30 years$1,960$1,405$988$684$467$369
31 years$1,876$1,328$921$628$422$331
32 years$1,798$1,257$860$577$382$296
33 years$1,725$1,190$803$531$346$266
34 years$1,656$1,128$750$488$313$238
35 years$1,591$1,070$701$449$283$213
36 years$1,529$1,016$656$414$257$191
37 years$1,472$965$614$381$233$172
38 years$1,417$917$575$352$211$154
39 years$1,366$872$539$324$191$138
40 years$1,317$829$505$299$174$124
41 years$1,270$790$473$276$157$112
42 years$1,226$752$444$255$143$100
43 years$1,184$716$417$235$130$90
44 years$1,144$683$391$217$118$81
45 years$1,106$651$367$200$107$73
46 years$1,070$621$345$185$97$65
47 years$1,035$593$324$171$88$59
48 years$1,002$566$305$158$80$53
49 years$971$540$286$146$73$47
50 years$940$516$269$135$66$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $963,000, adding $6,894 every year, while hoping to spend $27,414 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: 51/31/18 Blend
29$963,000$963,000$963,000$963,000
30$1,068,337$1,017,298$1,002,372$1,117,192
31$1,148,139$1,037,977$1,006,783$1,172,245
32$1,235,162$1,058,751$1,010,423$1,228,654
33$1,330,114$1,079,595$1,013,237$1,289,390
34$1,433,773$1,100,483$1,015,168$1,354,872
35$1,546,997$1,121,386$1,016,156$1,425,561
36$1,670,730$1,142,273$1,016,136$1,501,966
37$1,806,011$1,163,110$1,015,043$1,584,648
38$1,953,983$1,183,862$1,012,806$1,674,224
39$2,115,907$1,204,489$1,009,353$1,771,378
40$2,293,170$1,224,949$1,004,606$1,876,860
41$2,487,299$1,245,198$998,486$1,991,499
42$2,699,976$1,265,185$990,908$2,116,210
43$2,933,054$1,284,859$981,784$2,251,999
44$3,188,573$1,304,165$971,021$2,399,980
45$3,468,780$1,323,041$958,523$2,561,375
46$3,776,149$1,341,424$944,187$2,737,538
47$4,113,408$1,359,245$927,908$2,929,958
48$4,483,557$1,376,429$909,575$3,140,277
49$4,889,905$1,392,899$889,071$3,370,308
50$5,336,094$1,408,571$866,274$3,622,049
51$5,826,139$1,423,354$841,057$3,897,701
52$6,364,460$1,437,153$813,287$4,199,694
53$6,955,927$1,449,865$782,824$4,530,707
54$7,605,906$1,461,383$749,523$4,893,692
55$8,320,308$1,471,591$713,232$5,291,905
56$9,105,644$1,480,364$673,790$5,728,938
57$9,969,090$1,487,572$631,033$6,208,747
58$10,918,550$1,493,075$584,785$6,735,699
59$11,962,731$1,496,726$534,864$7,314,606
60$13,111,230$1,498,365$481,083$7,950,774
61$14,374,617$1,497,827$423,240$8,650,053
62$15,764,540$1,494,932$361,131$9,418,892
63$17,293,832$1,489,493$294,537$10,264,404
64$18,976,633$1,481,308$223,234$11,194,427
65$20,828,522$1,470,165$146,986$12,217,605
66$22,866,667$1,455,839$65,546$13,343,467
67$25,109,983$1,438,090$0$14,582,519
68$27,579,310$1,416,666$0$15,950,445
69$30,297,614$1,391,297$0$17,469,610
70$33,290,200$1,361,699$0$19,141,541
71$36,584,949$1,327,571$0$20,981,811
72$40,212,586$1,288,595$0$23,007,582
73$44,206,965$1,244,431$0$25,237,772
74$48,605,391$1,194,723$0$27,693,230
75$53,448,969$1,139,094$0$30,396,934
76$58,782,997$1,077,141$0$33,374,212
77$64,657,385$1,008,444$0$36,652,978
78$71,127,134$932,554$0$40,263,996
79$78,252,851$848,998$0$44,241,175
80$86,101,319$757,276$0$48,621,885
81$94,746,131$656,861$0$53,447,314
82$104,268,383$547,193$0$58,762,858
83$114,757,435$427,683$0$64,618,548
84$126,311,762$297,708$0$71,069,525
85$139,039,876$156,609$0$78,176,559
86$153,061,353$3,693$0$86,006,630
87$168,507,963$0$0$94,633,554
88$185,524,908$0$0$104,193,873
89$204,272,200$0$0$114,727,868
90$224,926,164$0$0$126,333,378
91$247,681,105$0$0$139,119,601
92$272,751,143$0$0$153,206,877
93$300,372,232$0$0$168,727,813
94$330,804,387$0$0$185,828,540
95$364,334,139$0$0$204,670,091
96$401,277,237$0$0$225,429,923
97$441,981,634$0$0$248,303,587
98$486,830,765$0$0$273,506,579
99$536,247,167$0$0$301,276,370
100$590,696,471$0$0$331,874,653