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%15.6%
1 years$70,770$70,140$69,525$68,925$68,338$66,768
2 years$35,035$34,382$33,750$33,137$32,542$30,968
3 years$23,125$22,469$21,838$21,231$20,646$19,118
4 years$17,171$16,517$15,893$15,296$14,725$13,255
5 years$13,599$12,950$12,333$11,749$11,194$9,786
6 years$11,219$10,574$9,967$9,395$8,857$7,513
7 years$9,519$8,880$8,283$7,725$7,203$5,922
8 years$8,245$7,612$7,025$6,480$5,976$4,758
9 years$7,255$6,628$6,050$5,519$5,032$3,877
10 years$6,463$5,842$5,275$4,758$4,288$3,193
11 years$5,816$5,201$4,644$4,141$3,688$2,653
12 years$5,277$4,668$4,121$3,632$3,196$2,218
13 years$4,821$4,218$3,682$3,206$2,787$1,865
14 years$4,430$3,834$3,308$2,846$2,443$1,576
15 years$4,092$3,503$2,987$2,538$2,151$1,336
16 years$3,797$3,214$2,708$2,273$1,901$1,136
17 years$3,536$2,960$2,464$2,042$1,686$968
18 years$3,305$2,735$2,250$1,840$1,499$827
19 years$3,098$2,535$2,059$1,663$1,336$708
20 years$2,913$2,355$1,890$1,506$1,193$607
21 years$2,745$2,194$1,738$1,367$1,068$521
22 years$2,592$2,048$1,602$1,243$957$448
23 years$2,453$1,915$1,479$1,132$859$385
24 years$2,326$1,795$1,368$1,032$772$331
25 years$2,209$1,684$1,267$943$695$285
26 years$2,102$1,583$1,175$862$626$246
27 years$2,002$1,490$1,091$789$564$212
28 years$1,910$1,404$1,015$723$509$183
29 years$1,824$1,324$944$663$460$158
30 years$1,744$1,251$879$608$415$136
31 years$1,670$1,182$820$559$376$118
32 years$1,600$1,119$765$514$340$102
33 years$1,535$1,059$714$472$307$88
34 years$1,473$1,004$667$435$278$76
35 years$1,416$952$624$400$252$66
36 years$1,361$904$584$368$228$57
37 years$1,310$858$546$339$207$49
38 years$1,261$816$512$313$188$42
39 years$1,215$776$479$288$170$37
40 years$1,172$738$449$266$154$32
41 years$1,130$703$421$245$140$27
42 years$1,091$669$395$227$127$24
43 years$1,054$638$371$209$115$20
44 years$1,018$608$348$193$105$18
45 years$984$580$327$178$95$15
46 years$952$553$307$165$86$13
47 years$921$528$288$152$78$11
48 years$892$504$271$141$71$10
49 years$864$481$255$130$65$9
50 years$837$459$239$120$59$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $857,000, adding $6,986 every year, while hoping to spend $39,122 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: 46/41/13 Blend
29$857,000$857,000$857,000$857,000
30$951,620$906,199$892,916$991,596
31$1,007,060$908,977$881,203$1,022,805
32$1,066,843$910,580$867,786$1,052,091
33$1,131,372$910,910$852,568$1,082,996
34$1,201,088$909,860$835,445$1,115,683
35$1,276,475$907,320$816,309$1,150,338
36$1,358,068$903,171$795,047$1,187,164
37$1,446,452$897,287$771,542$1,226,388
38$1,542,272$889,536$745,671$1,268,264
39$1,646,236$879,776$717,303$1,313,073
40$1,759,124$867,857$686,305$1,361,127
41$1,881,794$853,621$652,535$1,412,775
42$2,015,187$836,899$615,846$1,468,401
43$2,160,343$817,513$576,083$1,528,435
44$2,318,402$795,276$533,086$1,593,353
45$2,490,621$769,986$486,686$1,663,683
46$2,678,382$741,433$436,708$1,740,012
47$2,883,206$709,393$382,967$1,822,991
48$3,106,770$673,629$325,273$1,913,340
49$3,350,915$633,891$263,424$2,011,860
50$3,617,671$589,915$197,212$2,119,438
51$3,909,273$541,420$126,418$2,237,057
52$4,228,180$488,111$50,814$2,365,806
53$4,577,101$429,675$0$2,506,891
54$4,959,017$365,782$0$2,665,793
55$5,377,213$296,081$0$2,847,639
56$5,835,305$220,206$0$3,047,048
57$6,337,276$137,765$0$3,265,870
58$6,887,510$48,348$0$3,506,153
59$7,490,839$0$0$3,770,157
60$8,152,584$0$0$4,082,255
61$8,878,602$0$0$4,448,699
62$9,675,350$0$0$4,850,947
63$10,549,937$0$0$5,292,602
64$11,510,195$0$0$5,777,631
65$12,564,750$0$0$6,310,407
66$13,723,105$0$0$6,895,745
67$14,995,731$0$0$7,538,950
68$16,394,160$0$0$8,245,867
69$17,931,098$0$0$9,022,935
70$19,620,542$0$0$9,877,247
71$21,477,915$0$0$10,816,619
72$23,520,206$0$0$11,849,662
73$25,766,135$0$0$12,985,862
74$28,236,324$0$0$14,235,672
75$30,953,498$0$0$15,610,609
76$33,942,690$0$0$17,123,359
77$37,231,486$0$0$18,787,906
78$40,850,279$0$0$20,619,651
79$44,832,556$0$0$22,635,570
80$49,215,215$0$0$24,854,362
81$54,038,911$0$0$27,296,635
82$59,348,443$0$0$29,985,095
83$65,193,170$0$0$32,944,760
84$71,627,482$0$0$36,203,198
85$78,711,309$0$0$39,790,786
86$86,510,687$0$0$43,740,996
87$95,098,383$0$0$48,090,711
88$104,554,578$0$0$52,880,574
89$114,967,624$0$0$58,155,368
90$126,434,877$0$0$63,964,441
91$139,063,617$0$0$70,362,172
92$152,972,060$0$0$77,408,483
93$168,290,468$0$0$85,169,403
94$185,162,384$0$0$93,717,692
95$203,745,983$0$0$103,133,529
96$224,215,567$0$0$113,505,264
97$246,763,203$0$0$124,930,258
98$271,600,545$0$0$137,515,797
99$298,960,822$0$0$151,380,104
100$329,101,043$0$0$166,653,458