Can I retire at age 30 with 863,000?

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 $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%17%
1 years$71,266$70,631$70,012$69,407$68,817$66,855
2 years$35,280$34,623$33,986$33,369$32,770$30,809
3 years$23,286$22,627$21,991$21,380$20,791$18,892
4 years$17,291$16,633$16,004$15,403$14,828$13,006
5 years$13,694$13,040$12,420$11,831$11,272$9,531
6 years$11,297$10,648$10,037$9,461$8,919$7,261
7 years$9,586$8,943$8,341$7,779$7,254$5,679
8 years$8,303$7,665$7,074$6,525$6,018$4,525
9 years$7,306$6,674$6,093$5,558$5,068$3,656
10 years$6,508$5,883$5,312$4,791$4,318$2,986
11 years$5,856$5,237$4,676$4,170$3,714$2,458
12 years$5,314$4,701$4,150$3,657$3,218$2,037
13 years$4,855$4,248$3,708$3,229$2,806$1,697
14 years$4,461$3,861$3,331$2,866$2,460$1,419
15 years$4,121$3,527$3,008$2,556$2,166$1,191
16 years$3,823$3,236$2,727$2,289$1,914$1,003
17 years$3,561$2,981$2,482$2,056$1,697$846
18 years$3,328$2,754$2,265$1,853$1,509$716
19 years$3,120$2,553$2,074$1,675$1,345$606
20 years$2,933$2,372$1,903$1,517$1,202$514
21 years$2,764$2,209$1,751$1,376$1,075$437
22 years$2,611$2,062$1,613$1,252$964$371
23 years$2,471$1,929$1,490$1,140$865$316
24 years$2,343$1,807$1,378$1,040$778$269
25 years$2,225$1,696$1,276$949$700$229
26 years$2,117$1,594$1,184$868$630$195
27 years$2,016$1,500$1,099$795$568$166
28 years$1,923$1,414$1,022$728$513$142
29 years$1,837$1,334$951$668$463$121
30 years$1,757$1,259$886$613$418$103
31 years$1,682$1,191$826$563$378$88
32 years$1,611$1,126$770$517$342$75
33 years$1,546$1,067$719$476$310$64
34 years$1,484$1,011$672$438$280$55
35 years$1,425$959$628$403$254$47
36 years$1,371$910$588$371$230$40
37 years$1,319$864$550$342$209$34
38 years$1,270$822$515$315$189$29
39 years$1,224$781$483$290$171$25
40 years$1,180$743$452$268$155$21
41 years$1,138$708$424$247$141$18
42 years$1,099$674$398$228$128$16
43 years$1,061$642$373$211$116$13
44 years$1,025$612$350$194$105$11
45 years$991$584$329$180$96$10
46 years$959$557$309$166$87$8
47 years$928$531$290$153$79$7
48 years$898$507$273$142$72$6
49 years$870$484$256$131$65$5
50 years$843$463$241$121$59$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $863,000, adding $3,823 every year, while hoping to spend $49,053 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: 49/29/22 Blend
29$863,000$863,000$863,000$863,000
30$954,969$909,230$895,854$995,669
31$1,000,184$901,591$873,673$1,016,734
32$1,048,367$891,933$849,105$1,034,346
33$1,099,769$880,105$822,018$1,052,466
34$1,154,664$865,949$792,275$1,071,164
35$1,213,354$849,295$759,730$1,090,519
36$1,276,169$829,964$724,235$1,110,620
37$1,343,472$807,766$685,630$1,131,569
38$1,415,660$782,500$643,752$1,153,482
39$1,493,167$753,953$598,428$1,176,492
40$1,576,474$721,900$549,479$1,200,746
41$1,666,104$686,103$496,716$1,226,414
42$1,762,635$646,310$439,945$1,253,685
43$1,866,700$602,255$378,958$1,282,775
44$1,978,994$553,656$313,544$1,313,925
45$2,100,281$500,215$243,478$1,347,405
46$2,231,402$441,618$168,526$1,383,522
47$2,373,279$377,531$88,446$1,422,616
48$2,526,927$307,604$2,983$1,465,072
49$2,693,462$231,465$0$1,511,319
50$2,874,110$148,722$0$1,582,546
51$3,070,221$58,961$0$1,660,673
52$3,283,278$0$0$1,745,669
53$3,514,914$0$0$1,850,482
54$3,766,923$0$0$1,985,066
55$4,041,283$0$0$2,131,671
56$4,340,166$0$0$2,291,470
57$4,665,966$0$0$2,465,753
58$5,021,315$0$0$2,655,941
59$5,409,112$0$0$2,863,596
60$5,832,546$0$0$3,090,439
61$6,295,128$0$0$3,338,366
62$6,800,726$0$0$3,609,461
63$7,353,595$0$0$3,906,021
64$7,958,420$0$0$4,230,574
65$8,620,363$0$0$4,585,905
66$9,345,105$0$0$4,975,081
67$10,138,903$0$0$5,401,476
68$11,008,647$0$0$5,868,811
69$11,961,925$0$0$6,381,180
70$13,007,096$0$0$6,943,093
71$14,153,363$0$0$7,559,519
72$15,410,865$0$0$8,235,930
73$16,790,768$0$0$8,978,353
74$18,305,374$0$0$9,793,427
75$19,968,230$0$0$10,688,467
76$21,794,263$0$0$11,671,528
77$23,799,913$0$0$12,751,485
78$26,003,293$0$0$13,938,116
79$28,424,355$0$0$15,242,192
80$31,085,080$0$0$16,675,579
81$34,009,684$0$0$18,251,350
82$37,224,846$0$0$19,983,908
83$40,759,960$0$0$21,889,120
84$44,647,407$0$0$23,984,470
85$48,922,868$0$0$26,289,220
86$53,625,650$0$0$28,824,591
87$58,799,064$0$0$31,613,968
88$64,490,830$0$0$34,683,113
89$70,753,525$0$0$38,060,412
90$77,645,081$0$0$41,777,145
91$85,229,329$0$0$45,867,773
92$93,576,600$0$0$50,370,270
93$102,764,390$0$0$55,326,478
94$112,878,089$0$0$60,782,499
95$124,011,784$0$0$66,789,135
96$136,269,150$0$0$73,402,363
97$149,764,425$0$0$80,683,864
98$164,623,486$0$0$88,701,603
99$180,985,038$0$0$97,530,473
100$199,001,923$0$0$107,252,998