Can I retire at age 30 with 859,000?

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 $859,000?

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$70,935$70,304$69,687$69,085$68,498$66,041
2 years$35,117$34,463$33,829$33,214$32,618$30,170
3 years$23,178$22,522$21,889$21,281$20,694$18,331
4 years$17,211$16,556$15,930$15,331$14,759$12,499
5 years$13,631$12,980$12,362$11,776$11,220$9,069
6 years$11,245$10,599$9,991$9,417$8,878$6,838
7 years$9,542$8,901$8,302$7,743$7,220$5,290
8 years$8,265$7,630$7,041$6,495$5,990$4,168
9 years$7,272$6,643$6,064$5,532$5,044$3,329
10 years$6,478$5,856$5,287$4,769$4,298$2,686
11 years$5,829$5,213$4,655$4,150$3,696$2,184
12 years$5,289$4,679$4,131$3,640$3,203$1,787
13 years$4,832$4,228$3,691$3,214$2,793$1,470
14 years$4,441$3,843$3,316$2,853$2,449$1,213
15 years$4,102$3,511$2,994$2,544$2,156$1,005
16 years$3,806$3,221$2,714$2,278$1,905$835
17 years$3,545$2,967$2,470$2,047$1,689$695
18 years$3,313$2,741$2,255$1,845$1,502$579
19 years$3,106$2,541$2,064$1,667$1,339$483
20 years$2,919$2,361$1,894$1,510$1,196$404
21 years$2,751$2,199$1,742$1,370$1,070$338
22 years$2,598$2,053$1,606$1,246$959$283
23 years$2,459$1,920$1,483$1,135$861$237
24 years$2,332$1,799$1,371$1,035$774$199
25 years$2,215$1,688$1,270$945$696$167
26 years$2,107$1,587$1,178$864$627$140
27 years$2,007$1,493$1,094$791$566$118
28 years$1,915$1,407$1,017$725$510$99
29 years$1,829$1,327$946$665$461$83
30 years$1,749$1,254$881$610$416$70
31 years$1,674$1,185$822$560$376$59
32 years$1,604$1,121$767$515$341$49
33 years$1,538$1,062$716$473$308$41
34 years$1,477$1,006$669$436$279$35
35 years$1,419$955$625$401$253$29
36 years$1,364$906$585$369$229$25
37 years$1,313$860$548$340$208$21
38 years$1,264$818$513$314$188$17
39 years$1,218$778$480$289$171$15
40 years$1,174$740$450$267$155$12
41 years$1,133$704$422$246$140$10
42 years$1,094$671$396$227$127$9
43 years$1,056$639$372$210$116$7
44 years$1,021$609$349$194$105$6
45 years$987$581$328$179$95$5
46 years$954$554$308$165$87$4
47 years$923$529$289$153$79$4
48 years$894$505$272$141$71$3
49 years$866$482$255$130$65$3
50 years$839$461$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 $859,000, adding $5,780 every year, while hoping to spend $49,506 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: 50/44/6 Blend
29$859,000$859,000$859,000$859,000
30$952,580$907,053$893,739$998,507
31$997,069$898,825$871,005$1,022,186
32$1,044,437$888,534$845,850$1,042,099
33$1,094,925$876,027$818,141$1,062,555
34$1,148,797$861,142$787,739$1,083,615
35$1,206,343$843,707$754,497$1,105,350
36$1,267,881$823,539$718,263$1,127,841
37$1,333,758$800,446$678,878$1,151,183
38$1,404,355$774,222$636,175$1,175,479
39$1,480,092$744,652$589,979$1,200,851
40$1,561,428$711,506$540,110$1,227,434
41$1,648,866$674,542$486,377$1,255,384
42$1,742,961$633,505$428,581$1,284,873
43$1,844,319$588,124$366,514$1,316,101
44$1,953,609$538,111$299,962$1,349,288
45$2,071,563$483,164$228,696$1,384,686
46$2,198,987$422,964$152,482$1,422,575
47$2,336,766$357,171$71,073$1,463,273
48$2,485,874$285,430$0$1,507,135
49$2,647,379$207,362$0$1,555,572
50$2,822,458$122,569$0$1,612,940
51$3,012,404$30,630$0$1,675,203
52$3,218,639$0$0$1,742,938
53$3,442,728$0$0$1,850,152
54$3,686,391$0$0$1,982,936
55$3,951,522$0$0$2,127,503
56$4,240,203$0$0$2,284,998
57$4,554,727$0$0$2,456,683
58$4,897,616$0$0$2,643,946
59$5,271,647$0$0$2,848,316
60$5,679,875$0$0$3,071,474
61$6,125,663$0$0$3,315,272
62$6,612,714$0$0$3,581,749
63$7,145,105$0$0$3,873,147
64$7,727,324$0$0$4,191,940
65$8,364,311$0$0$4,540,847
66$9,061,509$0$0$4,922,864
67$9,824,908$0$0$5,341,291
68$10,661,106$0$0$5,799,761
69$11,577,369$0$0$6,302,275
70$12,581,699$0$0$6,853,240
71$13,682,909$0$0$7,457,509
72$14,890,705$0$0$8,120,429
73$16,215,779$0$0$8,847,888
74$17,669,907$0$0$9,646,372
75$19,266,059$0$0$10,523,025
76$21,018,525$0$0$11,485,717
77$22,943,042$0$0$12,543,118
78$25,056,951$0$0$13,704,779
79$27,379,350$0$0$14,981,221
80$29,931,281$0$0$16,384,033
81$32,735,925$0$0$17,925,987
82$35,818,820$0$0$19,621,150
83$39,208,101$0$0$21,485,021
84$42,934,765$0$0$23,534,675
85$47,032,963$0$0$25,788,927
86$51,540,322$0$0$28,268,505
87$56,498,295$0$0$30,996,247
88$61,952,559$0$0$33,997,316
89$67,953,438$0$0$37,299,436
90$74,556,382$0$0$40,933,156
91$81,822,483$0$0$44,932,135
92$89,819,060$0$0$49,333,459
93$98,620,283$0$0$54,177,992
94$108,307,882$0$0$59,510,763
95$118,971,908$0$0$65,381,385
96$130,711,588$0$0$71,844,526
97$143,636,259$0$0$78,960,427
98$157,866,397$0$0$86,795,463
99$173,534,755$0$0$95,422,778
100$190,787,614$0$0$104,922,965