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%18.1%
1 years$70,770$70,140$69,525$68,925$68,338$66,098
2 years$35,035$34,382$33,750$33,137$32,542$30,306
3 years$23,125$22,469$21,838$21,231$20,646$18,485
4 years$17,171$16,517$15,893$15,296$14,725$12,655
5 years$13,599$12,950$12,333$11,749$11,194$9,221
6 years$11,219$10,574$9,967$9,395$8,857$6,983
7 years$9,519$8,880$8,283$7,725$7,203$5,427
8 years$8,245$7,612$7,025$6,480$5,976$4,297
9 years$7,255$6,628$6,050$5,519$5,032$3,448
10 years$6,463$5,842$5,275$4,758$4,288$2,796
11 years$5,816$5,201$4,644$4,141$3,688$2,286
12 years$5,277$4,668$4,121$3,632$3,196$1,880
13 years$4,821$4,218$3,682$3,206$2,787$1,555
14 years$4,430$3,834$3,308$2,846$2,443$1,291
15 years$4,092$3,503$2,987$2,538$2,151$1,075
16 years$3,797$3,214$2,708$2,273$1,901$898
17 years$3,536$2,960$2,464$2,042$1,686$752
18 years$3,305$2,735$2,250$1,840$1,499$630
19 years$3,098$2,535$2,059$1,663$1,336$530
20 years$2,913$2,355$1,890$1,506$1,193$445
21 years$2,745$2,194$1,738$1,367$1,068$375
22 years$2,592$2,048$1,602$1,243$957$316
23 years$2,453$1,915$1,479$1,132$859$266
24 years$2,326$1,795$1,368$1,032$772$225
25 years$2,209$1,684$1,267$943$695$190
26 years$2,102$1,583$1,175$862$626$160
27 years$2,002$1,490$1,091$789$564$136
28 years$1,910$1,404$1,015$723$509$115
29 years$1,824$1,324$944$663$460$97
30 years$1,744$1,251$879$608$415$82
31 years$1,670$1,182$820$559$376$69
32 years$1,600$1,119$765$514$340$59
33 years$1,535$1,059$714$472$307$50
34 years$1,473$1,004$667$435$278$42
35 years$1,416$952$624$400$252$36
36 years$1,361$904$584$368$228$30
37 years$1,310$858$546$339$207$25
38 years$1,261$816$512$313$188$22
39 years$1,215$776$479$288$170$18
40 years$1,172$738$449$266$154$15
41 years$1,130$703$421$245$140$13
42 years$1,091$669$395$227$127$11
43 years$1,054$638$371$209$115$9
44 years$1,018$608$348$193$105$8
45 years$984$580$327$178$95$7
46 years$952$553$307$165$86$6
47 years$921$528$288$152$78$5
48 years$892$504$271$141$71$4
49 years$864$481$255$130$65$3
50 years$837$459$239$120$59$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $857,000, adding $4,506 every year, while hoping to spend $27,183 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: 62/19/19 Blend
29$857,000$857,000$857,000$857,000
30$949,062$903,641$890,357$1,003,010
31$1,016,944$918,997$891,262$1,055,277
32$1,090,838$934,194$891,286$1,108,870
33$1,171,331$949,196$890,370$1,166,750
34$1,259,064$963,964$888,455$1,229,337
35$1,354,746$978,456$885,476$1,297,093
36$1,459,156$992,626$881,365$1,370,528
37$1,573,152$1,006,427$876,053$1,450,207
38$1,697,678$1,019,807$869,466$1,536,748
39$1,833,774$1,032,710$861,526$1,630,836
40$1,982,584$1,045,078$852,152$1,733,225
41$2,145,369$1,056,848$841,260$1,844,748
42$2,323,515$1,067,952$828,760$1,966,321
43$2,518,550$1,078,318$814,561$2,098,957
44$2,732,157$1,087,871$798,564$2,243,769
45$2,966,189$1,096,529$780,667$2,401,987
46$3,222,686$1,104,204$760,765$2,574,969
47$3,503,894$1,110,804$738,745$2,764,208
48$3,812,289$1,116,232$714,491$2,971,353
49$4,150,597$1,120,382$687,881$3,198,222
50$4,521,821$1,123,143$658,788$3,446,820
51$4,929,266$1,124,397$627,077$3,719,356
52$5,376,578$1,124,018$592,610$4,018,267
53$5,867,767$1,121,874$555,241$4,346,239
54$6,407,255$1,117,822$514,818$4,706,236
55$6,999,912$1,111,712$471,181$5,101,523
56$7,651,102$1,103,384$424,165$5,535,702
57$8,366,735$1,092,671$373,595$6,012,742
58$9,153,323$1,079,392$319,290$6,537,020
59$10,018,037$1,063,358$261,062$7,113,364
60$10,968,781$1,044,367$198,712$7,747,093
61$12,014,261$1,022,205$132,033$8,444,074
62$13,164,071$996,648$60,811$9,210,772
63$14,428,778$967,456$0$10,054,318
64$15,820,027$934,375$0$10,985,652
65$17,350,648$897,138$0$12,023,715
66$19,034,778$855,461$0$13,165,766
67$20,887,991$809,045$0$14,422,387
68$22,927,450$757,571$0$15,805,241
69$25,172,063$700,705$0$17,327,179
70$27,642,666$638,093$0$19,002,367
71$30,362,217$569,358$0$20,846,415
72$33,356,012$494,105$0$22,876,526
73$36,651,924$411,916$0$25,111,663
74$40,280,668$322,348$0$27,572,721
75$44,276,087$224,934$0$30,282,729
76$48,675,473$119,180$0$33,267,069
77$53,519,917$4,566$0$36,553,711
78$58,854,701$0$0$40,173,484
79$64,729,718$0$0$44,185,336
80$71,199,951$0$0$48,604,779
81$78,325,982$0$0$53,472,250
82$86,174,574$0$0$58,833,361
83$94,819,291$0$0$64,738,374
84$104,341,199$0$0$71,242,674
85$114,829,627$0$0$78,407,295
86$126,383,012$0$0$86,299,489
87$139,109,826$0$0$94,993,369
88$153,129,602$0$0$104,570,601
89$168,574,057$0$0$115,121,181
90$185,588,342$0$0$126,744,277
91$204,332,406$0$0$139,549,172
92$224,982,507$0$0$153,656,292
93$247,732,876$0$0$169,198,340
94$272,797,551$0$0$186,321,555
95$300,412,394$0$0$205,187,084
96$330,837,320$0$0$225,972,510
97$364,358,749$0$0$248,873,524
98$401,292,308$0$0$274,105,774
99$441,985,813$0$0$301,906,899
100$486,822,548$0$0$332,538,772