Can I retire at age 30 with 857,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%11.5%
1 years$70,770$70,140$69,525$68,925$68,338$67,908
2 years$35,035$34,382$33,750$33,137$32,542$32,108
3 years$23,125$22,469$21,838$21,231$20,646$20,221
4 years$17,171$16,517$15,893$15,296$14,725$14,313
5 years$13,599$12,950$12,333$11,749$11,194$10,796
6 years$11,219$10,574$9,967$9,395$8,857$8,474
7 years$9,519$8,880$8,283$7,725$7,203$6,835
8 years$8,245$7,612$7,025$6,480$5,976$5,623
9 years$7,255$6,628$6,050$5,519$5,032$4,694
10 years$6,463$5,842$5,275$4,758$4,288$3,964
11 years$5,816$5,201$4,644$4,141$3,688$3,379
12 years$5,277$4,668$4,121$3,632$3,196$2,901
13 years$4,821$4,218$3,682$3,206$2,787$2,505
14 years$4,430$3,834$3,308$2,846$2,443$2,175
15 years$4,092$3,503$2,987$2,538$2,151$1,896
16 years$3,797$3,214$2,708$2,273$1,901$1,659
17 years$3,536$2,960$2,464$2,042$1,686$1,456
18 years$3,305$2,735$2,250$1,840$1,499$1,281
19 years$3,098$2,535$2,059$1,663$1,336$1,130
20 years$2,913$2,355$1,890$1,506$1,193$999
21 years$2,745$2,194$1,738$1,367$1,068$884
22 years$2,592$2,048$1,602$1,243$957$784
23 years$2,453$1,915$1,479$1,132$859$696
24 years$2,326$1,795$1,368$1,032$772$618
25 years$2,209$1,684$1,267$943$695$550
26 years$2,102$1,583$1,175$862$626$490
27 years$2,002$1,490$1,091$789$564$436
28 years$1,910$1,404$1,015$723$509$389
29 years$1,824$1,324$944$663$460$347
30 years$1,744$1,251$879$608$415$310
31 years$1,670$1,182$820$559$376$277
32 years$1,600$1,119$765$514$340$247
33 years$1,535$1,059$714$472$307$221
34 years$1,473$1,004$667$435$278$198
35 years$1,416$952$624$400$252$177
36 years$1,361$904$584$368$228$158
37 years$1,310$858$546$339$207$142
38 years$1,261$816$512$313$188$127
39 years$1,215$776$479$288$170$114
40 years$1,172$738$449$266$154$102
41 years$1,130$703$421$245$140$91
42 years$1,091$669$395$227$127$82
43 years$1,054$638$371$209$115$73
44 years$1,018$608$348$193$105$65
45 years$984$580$327$178$95$59
46 years$952$553$307$165$86$53
47 years$921$528$288$152$78$47
48 years$892$504$271$141$71$42
49 years$864$481$255$130$65$38
50 years$837$459$239$120$59$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $857,000, adding $4,333 every year, while hoping to spend $42,658 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: 53/31/16 Blend
29$857,000$857,000$857,000$857,000
30$948,883$903,462$890,179$994,868
31$1,000,282$902,344$874,612$1,025,670
32$1,055,493$899,742$857,094$1,054,280
33$1,114,861$895,537$837,515$1,084,460
34$1,178,764$889,605$815,758$1,116,369
35$1,247,615$881,813$791,703$1,150,188
36$1,321,870$872,020$765,224$1,186,116
37$1,402,030$860,079$736,188$1,224,374
38$1,488,645$845,830$704,458$1,265,210
39$1,582,317$829,106$669,888$1,308,898
40$1,683,712$809,731$632,328$1,355,744
41$1,793,559$787,516$591,619$1,406,087
42$1,912,661$762,264$547,598$1,460,303
43$2,041,901$733,762$500,090$1,518,813
44$2,182,248$701,790$448,917$1,582,080
45$2,334,771$666,112$393,889$1,650,621
46$2,500,645$626,478$334,811$1,725,008
47$2,681,161$582,626$271,477$1,805,876
48$2,877,741$534,276$203,674$1,893,931
49$3,091,950$481,135$131,176$1,989,954
50$3,325,510$422,892$53,752$2,094,810
51$3,580,316$359,217$0$2,209,460
52$3,858,453$289,764$0$2,339,896
53$4,162,218$214,165$0$2,492,480
54$4,494,139$132,034$0$2,659,377
55$4,856,997$42,960$0$2,842,078
56$5,253,858$0$0$3,042,231
57$5,688,094$0$0$3,279,905
58$6,163,420$0$0$3,556,192
59$6,683,927$0$0$3,858,825
60$7,254,117$0$0$4,190,433
61$7,878,953$0$0$4,553,913
62$8,563,897$0$0$4,952,454
63$9,314,965$0$0$5,389,567
64$10,138,786$0$0$5,869,124
65$11,042,658$0$0$6,395,384
66$12,034,620$0$0$6,973,043
67$13,123,530$0$0$7,607,271
68$14,319,142$0$0$8,303,763
69$15,632,202$0$0$9,068,796
70$17,074,548$0$0$9,909,280
71$18,659,221$0$0$10,832,831
72$20,400,587$0$0$11,847,837
73$22,314,474$0$0$12,963,541
74$24,418,317$0$0$14,190,124
75$26,731,327$0$0$15,538,804
76$29,274,668$0$0$17,021,940
77$32,071,658$0$0$18,653,149
78$35,147,986$0$0$20,447,432
79$38,531,957$0$0$22,421,320
80$42,254,758$0$0$24,593,024
81$46,350,750$0$0$26,982,610
82$50,857,792$0$0$29,612,190
83$55,817,599$0$0$32,506,123
84$61,276,135$0$0$35,691,252
85$67,284,043$0$0$39,197,153
86$73,897,127$0$0$43,056,417
87$81,176,873$0$0$47,304,952
88$89,191,035$0$0$51,982,326
89$98,014,265$0$0$57,132,138
90$107,728,826$0$0$62,802,431
91$118,425,361$0$0$69,046,143
92$130,203,751$0$0$75,921,606
93$143,174,056$0$0$83,493,098
94$157,457,551$0$0$91,831,449
95$173,187,874$0$0$101,014,706
96$190,512,285$0$0$111,128,873
97$209,593,052$0$0$122,268,721
98$230,608,985$0$0$134,538,681
99$253,757,123$0$0$148,053,833
100$279,254,591$0$0$162,940,984