Can I retire at age 30 with 999,000?

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 $999,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$82,496$81,762$81,045$80,345$79,662$78,117
2 years$40,840$40,079$39,342$38,627$37,934$36,384
3 years$26,956$26,192$25,457$24,749$24,067$22,560
4 years$20,016$19,254$18,526$17,830$17,165$15,713
5 years$15,852$15,095$14,377$13,695$13,048$11,655
6 years$13,078$12,327$11,619$10,952$10,325$8,992
7 years$11,097$10,352$9,655$9,004$8,397$7,124
8 years$9,612$8,873$8,188$7,554$6,966$5,754
9 years$8,457$7,726$7,053$6,434$5,866$4,714
10 years$7,534$6,810$6,149$5,546$4,998$3,904
11 years$6,779$6,063$5,413$4,827$4,299$3,262
12 years$6,151$5,441$4,804$4,234$3,725$2,744
13 years$5,620$4,917$4,292$3,738$3,248$2,321
14 years$5,164$4,470$3,857$3,318$2,848$1,973
15 years$4,770$4,083$3,482$2,959$2,507$1,683
16 years$4,426$3,746$3,157$2,650$2,216$1,440
17 years$4,122$3,450$2,873$2,381$1,965$1,236
18 years$3,853$3,188$2,622$2,145$1,747$1,063
19 years$3,612$2,955$2,401$1,939$1,557$916
20 years$3,395$2,746$2,203$1,756$1,391$790
21 years$3,200$2,558$2,026$1,593$1,245$683
22 years$3,022$2,387$1,868$1,449$1,116$591
23 years$2,860$2,233$1,725$1,319$1,001$512
24 years$2,712$2,092$1,595$1,203$900$444
25 years$2,576$1,963$1,477$1,099$810$385
26 years$2,450$1,845$1,370$1,005$730$334
27 years$2,334$1,736$1,272$920$658$290
28 years$2,227$1,636$1,183$843$594$252
29 years$2,127$1,544$1,101$773$536$219
30 years$2,034$1,458$1,025$709$484$191
31 years$1,947$1,378$956$651$438$166
32 years$1,865$1,304$892$599$396$144
33 years$1,789$1,235$833$550$358$126
34 years$1,717$1,170$778$507$325$109
35 years$1,650$1,110$727$466$294$95
36 years$1,587$1,054$680$429$266$83
37 years$1,527$1,001$637$396$241$72
38 years$1,470$951$596$365$219$63
39 years$1,417$904$559$336$198$55
40 years$1,366$860$524$310$180$48
41 years$1,318$819$491$286$163$42
42 years$1,272$780$461$264$148$36
43 years$1,228$743$432$244$134$32
44 years$1,187$708$406$225$122$28
45 years$1,147$676$381$208$111$24
46 years$1,110$644$358$192$101$21
47 years$1,074$615$336$177$91$18
48 years$1,040$587$316$164$83$16
49 years$1,007$561$297$151$75$14
50 years$975$536$279$140$68$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $999,000, adding $4,048 every year, while hoping to spend $26,118 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: 28/45/27 Blend
29$999,000$999,000$999,000$999,000
30$1,105,074$1,052,127$1,036,642$1,126,658
31$1,190,002$1,075,891$1,043,580$1,167,925
32$1,282,717$1,099,945$1,049,875$1,209,697
33$1,383,987$1,124,275$1,055,479$1,254,047
34$1,494,654$1,148,865$1,060,338$1,301,214
35$1,615,649$1,173,700$1,064,400$1,351,462
36$1,747,995$1,198,761$1,067,606$1,405,082
37$1,892,817$1,224,027$1,069,898$1,462,396
38$2,051,357$1,249,477$1,071,212$1,523,759
39$2,224,981$1,275,086$1,071,483$1,589,561
40$2,415,192$1,300,829$1,070,641$1,660,236
41$2,623,647$1,326,675$1,068,613$1,736,262
42$2,852,172$1,352,595$1,065,324$1,818,164
43$3,102,774$1,378,553$1,060,694$1,906,525
44$3,377,668$1,404,513$1,054,638$2,001,986
45$3,679,292$1,430,435$1,047,069$2,105,258
46$4,010,329$1,456,276$1,037,896$2,217,122
47$4,373,738$1,481,989$1,027,021$2,338,442
48$4,772,777$1,507,525$1,014,344$2,470,172
49$5,211,036$1,532,829$999,760$2,613,364
50$5,692,466$1,557,842$983,157$2,769,180
51$6,221,425$1,582,504$964,419$2,938,903
52$6,802,710$1,606,746$943,427$3,123,947
53$7,441,607$1,630,497$920,052$3,325,874
54$8,143,939$1,653,679$894,162$3,546,408
55$8,916,123$1,676,212$865,619$3,787,451
56$9,765,227$1,698,006$834,277$4,051,102
57$10,699,039$1,718,967$799,984$4,339,678
58$11,726,139$1,738,994$762,581$4,655,734
59$12,855,981$1,757,981$721,903$5,002,090
60$14,098,980$1,775,811$677,777$5,381,859
61$15,466,614$1,792,364$630,020$5,798,471
62$16,971,527$1,807,508$578,444$6,255,717
63$18,627,652$1,821,105$522,851$6,757,772
64$20,450,340$1,833,007$463,034$7,309,248
65$22,456,506$1,843,055$398,777$7,915,229
66$24,664,788$1,851,084$329,855$8,581,324
67$27,095,723$1,856,914$256,032$9,313,720
68$29,771,941$1,860,356$177,062$10,119,242
69$32,718,374$1,861,209$92,689$11,005,416
70$35,962,499$1,859,259$2,645$11,980,547
71$39,534,591$1,854,279$0$13,053,789
72$43,468,009$1,846,029$0$14,262,163
73$47,799,514$1,834,253$0$15,592,448
74$52,569,613$1,818,679$0$17,056,252
75$57,822,939$1,799,020$0$18,667,210
76$63,608,679$1,774,972$0$20,440,354
77$69,981,029$1,746,211$0$22,392,254
78$76,999,714$1,712,395$0$24,541,177
79$84,730,544$1,673,162$0$26,907,257
80$93,246,040$1,628,127$0$29,512,689
81$102,626,116$1,576,885$0$32,381,938
82$112,958,832$1,519,004$0$35,541,973
83$124,341,227$1,454,030$0$39,022,520
84$136,880,236$1,381,481$0$42,856,347
85$150,693,695$1,300,848$0$47,079,571
86$165,911,453$1,211,592$0$51,732,004
87$182,676,604$1,113,142$0$56,857,528
88$201,146,829$1,004,897$0$62,504,513
89$221,495,889$886,220$0$68,726,272
90$243,915,263$756,439$0$75,581,571
91$268,615,958$614,843$0$83,135,180
92$295,830,496$460,680$0$91,458,490
93$325,815,111$293,158$0$100,630,191
94$358,852,170$111,440$0$110,737,012
95$395,252,831$0$0$121,874,546
96$435,359,989$0$0$134,190,423
97$479,551,505$0$0$147,821,613
98$528,243,777$0$0$162,841,413
99$581,895,669$0$0$179,391,406
100$641,012,840$0$0$197,627,613