Can I retire at age 30 with 860,000?

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 $860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$71,018$70,385$69,768$69,166$68,578$67,861
2 years$35,157$34,503$33,868$33,253$32,656$31,935
3 years$23,205$22,548$21,915$21,305$20,718$20,014
4 years$17,231$16,575$15,948$15,349$14,776$14,095
5 years$13,647$12,995$12,377$11,790$11,233$10,576
6 years$11,258$10,611$10,002$9,428$8,888$8,257
7 years$9,553$8,911$8,312$7,752$7,228$6,623
8 years$8,274$7,639$7,049$6,503$5,997$5,418
9 years$7,280$6,651$6,071$5,539$5,050$4,496
10 years$6,486$5,862$5,293$4,774$4,303$3,775
11 years$5,836$5,219$4,660$4,155$3,701$3,197
12 years$5,295$4,684$4,136$3,645$3,207$2,728
13 years$4,838$4,233$3,695$3,218$2,796$2,341
14 years$4,446$3,848$3,320$2,856$2,451$2,019
15 years$4,107$3,515$2,997$2,547$2,158$1,748
16 years$3,810$3,225$2,718$2,281$1,908$1,519
17 years$3,549$2,970$2,473$2,049$1,691$1,324
18 years$3,317$2,745$2,257$1,847$1,504$1,157
19 years$3,109$2,544$2,067$1,669$1,340$1,013
20 years$2,923$2,364$1,897$1,511$1,197$889
21 years$2,754$2,202$1,745$1,372$1,071$781
22 years$2,601$2,055$1,608$1,247$960$687
23 years$2,462$1,922$1,485$1,136$862$605
24 years$2,334$1,801$1,373$1,036$775$534
25 years$2,217$1,690$1,272$946$697$471
26 years$2,109$1,588$1,179$865$628$416
27 years$2,009$1,495$1,095$792$566$368
28 years$1,917$1,409$1,018$725$511$326
29 years$1,831$1,329$947$665$461$288
30 years$1,751$1,255$882$611$417$255
31 years$1,676$1,186$823$561$377$226
32 years$1,606$1,123$768$515$341$200
33 years$1,540$1,063$717$474$309$178
34 years$1,479$1,008$670$436$279$158
35 years$1,421$956$626$401$253$140
36 years$1,366$907$586$370$229$124
37 years$1,314$861$548$341$208$110
38 years$1,266$819$513$314$188$98
39 years$1,219$779$481$289$171$87
40 years$1,176$741$451$267$155$77
41 years$1,134$705$423$246$141$68
42 years$1,095$671$397$227$128$61
43 years$1,057$640$372$210$116$54
44 years$1,022$610$349$194$105$48
45 years$988$582$328$179$95$43
46 years$955$555$308$165$87$38
47 years$925$529$289$153$79$34
48 years$895$505$272$141$71$30
49 years$867$483$256$130$65$27
50 years$840$461$240$121$59$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $860,000, adding $3,025 every year, while hoping to spend $49,723 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: 56/14/30 Blend
29$860,000$860,000$860,000$860,000
30$950,840$905,260$891,930$996,041
31$994,921$896,713$868,905$1,018,998
32$1,041,832$886,081$843,442$1,038,614
33$1,091,808$873,208$815,407$1,059,000
34$1,145,109$857,932$784,660$1,080,248
35$1,202,018$840,078$751,053$1,102,461
36$1,262,844$819,463$714,434$1,125,757
37$1,327,929$795,891$674,643$1,150,267
38$1,397,645$769,157$631,511$1,176,139
39$1,472,402$739,043$584,863$1,203,541
40$1,552,648$705,317$534,517$1,232,658
41$1,638,876$667,736$480,281$1,263,699
42$1,731,627$626,040$421,956$1,296,899
43$1,831,495$579,958$359,333$1,332,518
44$1,939,131$529,199$292,195$1,370,851
45$2,055,252$473,460$220,313$1,412,223
46$2,180,644$412,416$143,450$1,457,000
47$2,316,173$345,728$61,359$1,505,588
48$2,462,789$273,034$0$1,558,440
49$2,621,536$193,955$0$1,624,465
50$2,793,563$108,089$0$1,717,328
51$2,980,132$15,012$0$1,818,085
52$3,182,633$0$0$1,927,527
53$3,402,592$0$0$2,059,732
54$3,641,690$0$0$2,206,022
55$3,901,775$0$0$2,365,223
56$4,184,881$0$0$2,538,590
57$4,493,245$0$0$2,727,502
58$4,829,330$0$0$2,933,478
59$5,195,845$0$0$3,158,187
60$5,595,773$0$0$3,403,471
61$6,032,397$0$0$3,671,352
62$6,509,332$0$0$3,964,060
63$7,030,555$0$0$4,284,048
64$7,600,447$0$0$4,634,018
65$8,223,830$0$0$5,016,945
66$8,906,015$0$0$5,436,103
67$9,652,848$0$0$5,895,100
68$10,470,769$0$0$6,397,906
69$11,366,867$0$0$6,948,896
70$12,348,952$0$0$7,552,887
71$13,425,624$0$0$8,215,184
72$14,606,354$0$0$8,941,630
73$15,901,575$0$0$9,738,661
74$17,322,777$0$0$10,613,366
75$18,882,619$0$0$11,573,554
76$20,595,041$0$0$12,627,827
77$22,475,402$0$0$13,785,659
78$24,540,618$0$0$15,057,488
79$26,809,328$0$0$16,454,813
80$29,302,062$0$0$17,990,301
81$32,041,438$0$0$19,677,908
82$35,052,372$0$0$21,533,008
83$38,362,317$0$0$23,572,538
84$42,001,516$0$0$25,815,160
85$46,003,291$0$0$28,281,433
86$50,404,351$0$0$30,994,010
87$55,245,145$0$0$33,977,847
88$60,570,235$0$0$37,260,443
89$66,428,722$0$0$40,872,095
90$72,874,705$0$0$44,846,184
91$79,967,791$0$0$49,219,493
92$87,773,658$0$0$54,032,547
93$96,364,671$0$0$59,330,002
94$105,820,568$0$0$65,161,060
95$116,229,208$0$0$71,579,937
96$127,687,399$0$0$78,646,372
97$140,301,814$0$0$86,426,190
98$154,189,995$0$0$94,991,923
99$169,481,457$0$0$104,423,493
100$186,318,918$0$0$114,808,969