Can I retire at age 30 with 857,000?

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 $857,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$70,770$70,140$69,525$68,925$68,338$66,632
2 years$35,035$34,382$33,750$33,137$32,542$30,834
3 years$23,125$22,469$21,838$21,231$20,646$18,989
4 years$17,171$16,517$15,893$15,296$14,725$13,132
5 years$13,599$12,950$12,333$11,749$11,194$9,670
6 years$11,219$10,574$9,967$9,395$8,857$7,403
7 years$9,519$8,880$8,283$7,725$7,203$5,820
8 years$8,245$7,612$7,025$6,480$5,976$4,662
9 years$7,255$6,628$6,050$5,519$5,032$3,787
10 years$6,463$5,842$5,275$4,758$4,288$3,110
11 years$5,816$5,201$4,644$4,141$3,688$2,575
12 years$5,277$4,668$4,121$3,632$3,196$2,147
13 years$4,821$4,218$3,682$3,206$2,787$1,799
14 years$4,430$3,834$3,308$2,846$2,443$1,514
15 years$4,092$3,503$2,987$2,538$2,151$1,279
16 years$3,797$3,214$2,708$2,273$1,901$1,084
17 years$3,536$2,960$2,464$2,042$1,686$921
18 years$3,305$2,735$2,250$1,840$1,499$784
19 years$3,098$2,535$2,059$1,663$1,336$668
20 years$2,913$2,355$1,890$1,506$1,193$571
21 years$2,745$2,194$1,738$1,367$1,068$488
22 years$2,592$2,048$1,602$1,243$957$418
23 years$2,453$1,915$1,479$1,132$859$358
24 years$2,326$1,795$1,368$1,032$772$307
25 years$2,209$1,684$1,267$943$695$263
26 years$2,102$1,583$1,175$862$626$226
27 years$2,002$1,490$1,091$789$564$194
28 years$1,910$1,404$1,015$723$509$167
29 years$1,824$1,324$944$663$460$143
30 years$1,744$1,251$879$608$415$123
31 years$1,670$1,182$820$559$376$106
32 years$1,600$1,119$765$514$340$91
33 years$1,535$1,059$714$472$307$78
34 years$1,473$1,004$667$435$278$67
35 years$1,416$952$624$400$252$58
36 years$1,361$904$584$368$228$50
37 years$1,310$858$546$339$207$43
38 years$1,261$816$512$313$188$37
39 years$1,215$776$479$288$170$32
40 years$1,172$738$449$266$154$27
41 years$1,130$703$421$245$140$24
42 years$1,091$669$395$227$127$20
43 years$1,054$638$371$209$115$18
44 years$1,018$608$348$193$105$15
45 years$984$580$327$178$95$13
46 years$952$553$307$165$86$11
47 years$921$528$288$152$78$10
48 years$892$504$271$141$71$8
49 years$864$481$255$130$65$7
50 years$837$459$239$120$59$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $857,000, adding $5,175 every year, while hoping to spend $27,926 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: 31/40/29 Blend
29$857,000$857,000$857,000$857,000
30$949,752$904,331$891,048$970,647
31$1,016,914$918,930$891,185$1,001,893
32$1,089,990$933,309$890,390$1,032,710
33$1,169,554$947,426$888,604$1,065,338
34$1,256,239$961,240$885,762$1,099,956
35$1,350,737$974,703$881,797$1,136,762
36$1,453,816$987,767$876,640$1,175,976
37$1,566,315$1,000,377$870,218$1,217,841
38$1,689,161$1,012,478$862,453$1,262,627
39$1,823,375$1,024,009$853,264$1,310,632
40$1,970,080$1,034,906$842,569$1,362,189
41$2,130,511$1,045,099$830,278$1,417,664
42$2,306,029$1,054,515$816,298$1,477,464
43$2,498,134$1,063,076$800,534$1,542,039
44$2,708,476$1,070,699$782,884$1,611,887
45$2,938,872$1,077,295$763,242$1,687,560
46$3,191,323$1,082,769$741,497$1,769,671
47$3,468,034$1,087,020$717,534$1,858,893
48$3,771,432$1,089,943$691,230$1,955,976
49$4,104,191$1,091,423$662,459$2,061,748
50$4,469,256$1,091,340$631,089$2,177,124
51$4,869,870$1,089,566$596,980$2,303,118
52$5,309,607$1,085,965$559,989$2,440,848
53$5,792,401$1,080,391$519,963$2,591,555
54$6,322,589$1,072,693$476,744$2,756,607
55$6,904,946$1,062,708$430,168$2,937,519
56$7,544,733$1,050,263$380,061$3,135,963
57$8,247,746$1,035,176$326,243$3,353,790
58$9,020,369$1,017,253$268,526$3,593,042
59$9,869,639$996,290$206,713$3,855,979
60$10,803,303$972,069$140,599$4,145,095
61$11,829,900$944,361$69,969$4,463,146
62$12,958,837$912,922$0$4,813,177
63$14,200,477$877,494$0$5,200,223
64$15,566,240$837,805$0$5,649,538
65$17,068,706$793,567$0$6,143,626
66$18,721,736$744,475$0$6,687,094
67$20,540,605$690,206$0$7,285,023
68$22,542,140$630,419$0$7,943,018
69$24,744,882$564,753$0$8,667,262
70$27,169,263$492,829$0$9,464,573
71$29,837,793$414,243$0$10,342,472
72$32,775,277$328,570$0$11,309,255
73$36,009,047$235,362$0$12,374,067
74$39,569,218$134,142$0$13,546,999
75$43,488,974$24,412$0$14,839,175
76$47,804,882$0$0$16,262,865
77$52,557,234$0$0$17,873,130
78$57,790,428$0$0$19,658,327
79$63,553,386$0$0$21,624,422
80$69,900,019$0$0$23,789,828
81$76,889,731$0$0$26,174,837
82$84,587,980$0$0$28,801,807
83$93,066,898$0$0$31,695,379
84$102,405,972$0$0$34,882,702
85$112,692,787$0$0$38,393,695
86$124,023,862$0$0$42,261,328
87$136,505,553$0$0$46,521,931
88$150,255,062$0$0$51,215,538
89$165,401,538$0$0$56,386,267
90$182,087,299$0$0$62,082,734
91$200,469,173$0$0$68,358,509
92$220,719,982$0$0$75,272,628
93$243,030,166$0$0$82,890,147
94$267,609,586$0$0$91,282,753
95$294,689,502$0$0$100,529,446
96$324,524,759$0$0$110,717,281
97$357,396,184$0$0$121,942,191
98$393,613,247$0$0$134,309,892
99$433,516,973$0$0$147,936,881
100$477,483,168$0$0$162,951,535