Can I retire at age 30 with 859,000?

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 $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%18.4%
1 years$70,935$70,304$69,687$69,085$68,498$66,173
2 years$35,117$34,463$33,829$33,214$32,618$30,299
3 years$23,178$22,522$21,889$21,281$20,694$18,454
4 years$17,211$16,556$15,930$15,331$14,759$12,615
5 years$13,631$12,980$12,362$11,776$11,220$9,177
6 years$11,245$10,599$9,991$9,417$8,878$6,938
7 years$9,542$8,901$8,302$7,743$7,220$5,383
8 years$8,265$7,630$7,041$6,495$5,990$4,254
9 years$7,272$6,643$6,064$5,532$5,044$3,408
10 years$6,478$5,856$5,287$4,769$4,298$2,758
11 years$5,829$5,213$4,655$4,150$3,696$2,251
12 years$5,289$4,679$4,131$3,640$3,203$1,848
13 years$4,832$4,228$3,691$3,214$2,793$1,525
14 years$4,441$3,843$3,316$2,853$2,449$1,263
15 years$4,102$3,511$2,994$2,544$2,156$1,050
16 years$3,806$3,221$2,714$2,278$1,905$875
17 years$3,545$2,967$2,470$2,047$1,689$731
18 years$3,313$2,741$2,255$1,845$1,502$612
19 years$3,106$2,541$2,064$1,667$1,339$513
20 years$2,919$2,361$1,894$1,510$1,196$430
21 years$2,751$2,199$1,742$1,370$1,070$361
22 years$2,598$2,053$1,606$1,246$959$304
23 years$2,459$1,920$1,483$1,135$861$256
24 years$2,332$1,799$1,371$1,035$774$215
25 years$2,215$1,688$1,270$945$696$181
26 years$2,107$1,587$1,178$864$627$153
27 years$2,007$1,493$1,094$791$566$129
28 years$1,915$1,407$1,017$725$510$109
29 years$1,829$1,327$946$665$461$92
30 years$1,749$1,254$881$610$416$77
31 years$1,674$1,185$822$560$376$65
32 years$1,604$1,121$767$515$341$55
33 years$1,538$1,062$716$473$308$46
34 years$1,477$1,006$669$436$279$39
35 years$1,419$955$625$401$253$33
36 years$1,364$906$585$369$229$28
37 years$1,313$860$548$340$208$24
38 years$1,264$818$513$314$188$20
39 years$1,218$778$480$289$171$17
40 years$1,174$740$450$267$155$14
41 years$1,133$704$422$246$140$12
42 years$1,094$671$396$227$127$10
43 years$1,056$639$372$210$116$9
44 years$1,021$609$349$194$105$7
45 years$987$581$328$179$95$6
46 years$954$554$308$165$87$5
47 years$923$529$289$153$79$4
48 years$894$505$272$141$71$4
49 years$866$482$255$130$65$3
50 years$839$461$240$120$59$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $859,000, adding $2,313 every year, while hoping to spend $23,212 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: 46/32/22 Blend
29$859,000$859,000$859,000$859,000
30$949,004$903,477$890,162$986,577
31$1,021,105$923,050$895,285$1,032,757
32$1,099,782$942,804$899,802$1,080,353
33$1,185,682$962,723$903,668$1,131,519
34$1,279,516$982,791$906,835$1,186,599
35$1,382,067$1,002,989$909,255$1,245,974
36$1,494,198$1,023,295$910,874$1,310,062
37$1,616,858$1,043,688$911,640$1,379,324
38$1,751,092$1,064,143$911,494$1,454,268
39$1,898,051$1,084,634$910,377$1,535,457
40$2,059,003$1,105,131$908,225$1,623,508
41$2,235,343$1,125,605$904,973$1,719,103
42$2,428,609$1,146,021$900,551$1,822,996
43$2,640,495$1,166,343$894,887$1,936,015
44$2,872,863$1,186,532$887,904$2,059,076
45$3,127,770$1,206,547$879,523$2,193,187
46$3,407,475$1,226,341$869,660$2,339,462
47$3,714,472$1,245,866$858,228$2,499,126
48$4,051,505$1,265,069$845,135$2,673,533
49$4,421,597$1,283,896$830,285$2,864,176
50$4,828,078$1,302,286$813,579$3,072,699
51$5,274,619$1,320,174$794,910$3,300,918
52$5,765,260$1,337,493$774,169$3,550,832
53$6,304,454$1,354,168$751,242$3,824,649
54$6,897,107$1,370,120$726,007$4,124,802
55$7,548,622$1,385,267$698,339$4,453,973
56$8,264,955$1,399,518$668,107$4,815,121
57$9,052,664$1,412,779$635,172$5,211,508
58$9,918,978$1,424,947$599,392$5,646,730
59$10,871,857$1,435,913$560,616$6,124,755
60$11,920,077$1,445,563$518,687$6,649,954
61$13,073,303$1,453,773$473,440$7,227,149
62$14,342,185$1,460,414$424,706$7,861,657
63$15,738,458$1,465,344$372,304$8,559,339
64$17,275,053$1,468,418$316,048$9,326,657
65$18,966,215$1,469,477$255,742$10,170,736
66$20,827,643$1,468,355$191,183$11,099,432
67$22,876,632$1,464,875$122,158$12,121,404
68$25,132,243$1,458,848$48,444$13,246,201
69$27,615,475$1,450,074$0$14,484,349
70$30,349,468$1,438,343$0$15,854,545
71$33,359,721$1,423,429$0$17,375,086
72$36,674,330$1,405,095$0$19,048,750
73$40,324,255$1,383,087$0$20,891,145
74$44,343,610$1,357,140$0$22,919,476
75$48,769,987$1,326,968$0$25,152,702
76$53,644,809$1,292,273$0$27,611,722
77$59,013,722$1,252,737$0$30,319,565
78$64,927,025$1,208,024$0$33,301,617
79$71,440,142$1,157,778$0$36,585,854
80$78,614,149$1,101,622$0$40,203,109
81$86,516,350$1,039,158$0$44,187,365
82$95,220,907$969,966$0$48,576,075
83$104,809,545$893,601$0$53,410,517
84$115,372,321$809,590$0$58,736,185
85$127,008,476$717,438$0$64,603,217
86$139,827,365$616,617$0$71,066,872
87$153,949,499$506,573$0$78,188,050
88$169,507,671$386,719$0$86,033,870
89$186,648,220$256,435$0$94,678,306
90$205,532,404$115,066$0$104,202,882
91$226,337,926$0$0$114,697,446
92$249,260,609$0$0$126,274,429
93$274,516,247$0$0$139,074,473
94$302,342,638$0$0$153,177,603
95$333,001,832$0$0$168,716,655
96$366,782,601$0$0$185,838,011
97$404,003,168$0$0$204,702,980
98$445,014,209$0$0$225,489,326
99$490,202,160$0$0$248,392,939
100$539,992,873$0$0$273,629,686