Can I retire at age 30 with 858,000?

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 $858,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$70,853$70,222$69,606$69,005$68,418$65,964
2 years$35,076$34,422$33,789$33,175$32,580$30,134
3 years$23,151$22,495$21,864$21,256$20,670$18,310
4 years$17,191$16,537$15,911$15,314$14,742$12,485
5 years$13,615$12,965$12,348$11,762$11,207$9,058
6 years$11,232$10,587$9,979$9,406$8,867$6,830
7 years$9,531$8,891$8,293$7,734$7,212$5,284
8 years$8,255$7,621$7,033$6,487$5,983$4,163
9 years$7,264$6,635$6,057$5,526$5,038$3,325
10 years$6,471$5,849$5,281$4,763$4,293$2,683
11 years$5,823$5,207$4,649$4,146$3,692$2,182
12 years$5,283$4,673$4,126$3,636$3,199$1,785
13 years$4,826$4,223$3,686$3,210$2,790$1,468
14 years$4,436$3,839$3,312$2,850$2,446$1,212
15 years$4,097$3,507$2,990$2,541$2,153$1,004
16 years$3,801$3,218$2,711$2,276$1,903$834
17 years$3,541$2,963$2,467$2,045$1,687$694
18 years$3,309$2,738$2,252$1,843$1,500$578
19 years$3,102$2,538$2,062$1,665$1,337$483
20 years$2,916$2,358$1,892$1,508$1,195$404
21 years$2,748$2,197$1,740$1,369$1,069$338
22 years$2,595$2,050$1,604$1,244$958$283
23 years$2,456$1,918$1,481$1,133$860$237
24 years$2,329$1,797$1,370$1,034$773$199
25 years$2,212$1,686$1,269$944$696$167
26 years$2,104$1,585$1,177$863$627$140
27 years$2,005$1,491$1,093$790$565$117
28 years$1,912$1,405$1,016$724$510$99
29 years$1,826$1,326$945$664$460$83
30 years$1,747$1,252$880$609$416$70
31 years$1,672$1,184$821$559$376$59
32 years$1,602$1,120$766$514$340$49
33 years$1,537$1,061$715$473$308$41
34 years$1,475$1,005$668$435$279$35
35 years$1,417$953$625$400$252$29
36 years$1,363$905$584$369$229$25
37 years$1,311$859$547$340$207$21
38 years$1,263$817$512$313$188$17
39 years$1,217$777$480$289$170$15
40 years$1,173$739$450$266$155$12
41 years$1,132$703$422$246$140$10
42 years$1,092$670$396$227$127$9
43 years$1,055$638$371$209$115$7
44 years$1,019$608$348$193$105$6
45 years$986$580$327$179$95$5
46 years$953$553$307$165$86$4
47 years$922$528$289$152$78$4
48 years$893$504$271$141$71$3
49 years$865$482$255$130$65$3
50 years$838$460$240$120$59$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $858,000, adding $5,296 every year, while hoping to spend $47,092 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: 72/19/9 Blend
29$858,000$858,000$858,000$858,000
30$950,979$905,505$892,206$1,017,541
31$997,873$899,769$871,989$1,056,491
32$1,047,972$892,174$849,517$1,092,773
33$1,101,554$882,579$824,664$1,131,202
34$1,158,921$870,834$797,299$1,171,977
35$1,220,407$856,781$767,285$1,215,319
36$1,286,379$840,253$734,479$1,261,471
37$1,357,236$821,072$698,731$1,310,702
38$1,433,420$799,050$659,884$1,363,310
39$1,515,413$773,988$617,774$1,419,623
40$1,603,747$745,676$572,232$1,480,005
41$1,699,004$713,889$523,077$1,544,857
42$1,801,826$678,393$470,123$1,614,624
43$1,912,915$638,937$413,175$1,689,796
44$2,033,046$595,258$352,029$1,770,916
45$2,163,067$547,076$286,473$1,858,582
46$2,303,915$494,098$216,284$1,953,457
47$2,456,615$436,010$141,231$2,056,273
48$2,622,299$372,483$61,071$2,167,837
49$2,802,208$303,169$0$2,289,045
50$2,997,710$227,701$0$2,423,231
51$3,210,307$145,690$0$2,575,548
52$3,441,655$56,725$0$2,741,356
53$3,693,573$0$0$2,922,012
54$3,968,064$0$0$3,127,299
55$4,267,332$0$0$3,364,085
56$4,593,803$0$0$3,622,434
57$4,950,147$0$0$3,904,464
58$5,339,303$0$0$4,212,505
59$5,764,506$0$0$4,549,126
60$6,229,319$0$0$4,917,150
61$6,737,664$0$0$5,319,689
62$7,293,857$0$0$5,760,168
63$7,902,654$0$0$6,242,360
64$8,569,290$0$0$6,770,416
65$9,299,531$0$0$7,348,911
66$10,099,726$0$0$7,982,882
67$10,976,867$0$0$8,677,876
68$11,938,657$0$0$9,440,002
69$12,993,576$0$0$10,275,991
70$14,150,969$0$0$11,193,253
71$15,421,125$0$0$12,199,953
72$16,815,380$0$0$13,305,083
73$18,346,220$0$0$14,518,550
74$20,027,399$0$0$15,851,265
75$21,874,070$0$0$17,315,250
76$23,902,922$0$0$18,923,747
77$26,132,345$0$0$20,691,344
78$28,582,596$0$0$22,634,114
79$31,275,993$0$0$24,769,761
80$34,237,122$0$0$27,117,795
81$37,493,071$0$0$29,699,706
82$41,073,687$0$0$32,539,172
83$45,011,849$0$0$35,662,282
84$49,343,786$0$0$39,097,778
85$54,109,413$0$0$42,877,331
86$59,352,710$0$0$47,035,832
87$65,122,134$0$0$51,611,729
88$71,471,076$0$0$56,647,382
89$78,458,364$0$0$62,189,466
90$86,148,818$0$0$68,289,410
91$94,613,861$0$0$75,003,882
92$103,932,192$0$0$82,395,322
93$114,190,525$0$0$90,532,531
94$125,484,411$0$0$99,491,323
95$137,919,137$0$0$109,355,231
96$151,610,718$0$0$120,216,306
97$166,686,991$0$0$132,175,976
98$183,288,820$0$0$145,346,007
99$201,571,429$0$0$159,849,556
100$221,705,859$0$0$175,822,332