Can I retire at age 30 with 863,000?

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 $863,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$71,266$70,631$70,012$69,407$68,817$68,269
2 years$35,280$34,623$33,986$33,369$32,770$32,217
3 years$23,286$22,627$21,991$21,380$20,791$20,251
4 years$17,291$16,633$16,004$15,403$14,828$14,305
5 years$13,694$13,040$12,420$11,831$11,272$10,768
6 years$11,297$10,648$10,037$9,461$8,919$8,434
7 years$9,586$8,943$8,341$7,779$7,254$6,788
8 years$8,303$7,665$7,074$6,525$6,018$5,571
9 years$7,306$6,674$6,093$5,558$5,068$4,640
10 years$6,508$5,883$5,312$4,791$4,318$3,909
11 years$5,856$5,237$4,676$4,170$3,714$3,323
12 years$5,314$4,701$4,150$3,657$3,218$2,846
13 years$4,855$4,248$3,708$3,229$2,806$2,452
14 years$4,461$3,861$3,331$2,866$2,460$2,123
15 years$4,121$3,527$3,008$2,556$2,166$1,846
16 years$3,823$3,236$2,727$2,289$1,914$1,611
17 years$3,561$2,981$2,482$2,056$1,697$1,410
18 years$3,328$2,754$2,265$1,853$1,509$1,237
19 years$3,120$2,553$2,074$1,675$1,345$1,088
20 years$2,933$2,372$1,903$1,517$1,202$959
21 years$2,764$2,209$1,751$1,376$1,075$846
22 years$2,611$2,062$1,613$1,252$964$748
23 years$2,471$1,929$1,490$1,140$865$662
24 years$2,343$1,807$1,378$1,040$778$586
25 years$2,225$1,696$1,276$949$700$520
26 years$2,117$1,594$1,184$868$630$462
27 years$2,016$1,500$1,099$795$568$410
28 years$1,923$1,414$1,022$728$513$364
29 years$1,837$1,334$951$668$463$324
30 years$1,757$1,259$886$613$418$288
31 years$1,682$1,191$826$563$378$257
32 years$1,611$1,126$770$517$342$229
33 years$1,546$1,067$719$476$310$204
34 years$1,484$1,011$672$438$280$182
35 years$1,425$959$628$403$254$162
36 years$1,371$910$588$371$230$144
37 years$1,319$864$550$342$209$129
38 years$1,270$822$515$315$189$115
39 years$1,224$781$483$290$171$103
40 years$1,180$743$452$268$155$92
41 years$1,138$708$424$247$141$82
42 years$1,099$674$398$228$128$73
43 years$1,061$642$373$211$116$65
44 years$1,025$612$350$194$105$58
45 years$991$584$329$180$96$52
46 years$959$557$309$166$87$46
47 years$928$531$290$153$79$41
48 years$898$507$273$142$72$37
49 years$870$484$256$131$65$33
50 years$843$463$241$121$59$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $863,000, adding $6,470 every year, while hoping to spend $30,756 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: 28/49/23 Blend
29$863,000$863,000$863,000$863,000
30$957,700$911,961$898,584$977,461
31$1,022,661$923,923$895,963$1,005,405
32$1,093,218$935,440$892,223$1,032,269
33$1,169,907$946,458$887,294$1,060,489
34$1,253,323$956,920$881,103$1,090,199
35$1,344,116$966,762$873,574$1,121,552
36$1,443,002$975,921$864,625$1,154,715
37$1,550,771$984,324$854,173$1,189,875
38$1,668,291$991,897$842,129$1,227,242
39$1,796,518$998,560$828,401$1,267,047
40$1,936,502$1,004,229$812,892$1,309,547
41$2,089,402$1,008,813$795,501$1,355,030
42$2,256,492$1,012,216$776,121$1,403,815
43$2,439,176$1,014,336$754,643$1,456,255
44$2,638,997$1,015,065$730,949$1,512,744
45$2,857,658$1,014,286$704,919$1,573,720
46$3,097,031$1,011,877$676,425$1,639,665
47$3,359,178$1,007,710$645,336$1,711,120
48$3,646,372$1,001,645$611,511$1,788,681
49$3,961,112$993,536$574,808$1,873,010
50$4,306,155$983,229$535,073$1,964,842
51$4,684,534$970,558$492,149$2,064,990
52$5,099,591$955,349$445,871$2,174,358
53$5,555,006$937,419$396,064$2,293,944
54$6,054,834$916,570$342,550$2,424,857
55$6,603,542$892,596$285,140$2,568,324
56$7,206,047$865,278$223,636$2,725,702
57$7,867,770$834,382$157,834$2,898,496
58$8,594,680$799,664$87,519$3,088,371
59$9,393,353$760,864$12,467$3,297,168
60$10,271,034$717,705$0$3,526,928
61$11,235,705$669,898$0$3,796,501
62$12,296,159$617,135$0$4,096,130
63$13,462,083$559,090$0$4,425,574
64$14,744,150$495,420$0$4,787,948
65$16,154,119$425,762$0$5,186,694
66$17,704,947$349,731$0$5,625,612
67$19,410,906$266,923$0$6,108,897
68$21,287,725$176,909$0$6,641,182
69$23,352,733$79,237$0$7,227,580
70$25,625,021$0$0$7,873,737
71$28,125,628$0$0$8,600,210
72$30,877,732$0$0$9,446,935
73$33,906,875$0$0$10,379,066
74$37,241,198$0$0$11,405,282
75$40,911,710$0$0$12,535,151
76$44,952,580$0$0$13,779,212
77$49,401,457$0$0$15,149,080
78$54,299,826$0$0$16,657,552
79$59,693,400$0$0$18,318,731
80$65,632,551$0$0$20,148,158
81$72,172,784$0$0$22,162,954
82$79,375,261$0$0$24,381,990
83$87,307,377$0$0$26,826,057
84$96,043,398$0$0$29,518,068
85$105,665,160$0$0$32,483,271
86$116,262,839$0$0$35,749,487
87$127,935,806$0$0$39,347,373
88$140,793,561$0$0$43,310,714
89$154,956,769$0$0$47,676,739
90$170,558,396$0$0$52,486,470
91$187,744,964$0$0$57,785,115
92$206,677,934$0$0$63,622,490
93$227,535,232$0$0$70,053,491
94$250,512,922$0$0$77,138,611
95$275,827,063$0$0$84,944,514
96$303,715,745$0$0$93,544,658
97$334,441,332$0$0$103,019,994
98$368,292,947$0$0$113,459,729
99$405,589,193$0$0$124,962,165
100$446,681,163$0$0$137,635,630