Can I retire at age 30 with 864,000?

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 $864,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$71,348$70,713$70,093$69,488$68,897$67,951
2 years$35,321$34,663$34,026$33,407$32,808$31,857
3 years$23,313$22,653$22,017$21,404$20,815$19,888
4 years$17,311$16,652$16,023$15,421$14,845$13,950
5 years$13,710$13,055$12,434$11,845$11,285$10,424
6 years$11,311$10,661$10,049$9,472$8,930$8,103
7 years$9,597$8,953$8,350$7,788$7,262$6,471
8 years$8,313$7,674$7,082$6,533$6,025$5,268
9 years$7,314$6,682$6,100$5,565$5,074$4,352
10 years$6,516$5,890$5,318$4,797$4,323$3,636
11 years$5,863$5,243$4,682$4,175$3,718$3,064
12 years$5,320$4,706$4,155$3,662$3,222$2,601
13 years$4,860$4,253$3,712$3,233$2,810$2,221
14 years$4,467$3,866$3,335$2,870$2,463$1,905
15 years$4,126$3,531$3,011$2,559$2,168$1,641
16 years$3,828$3,240$2,730$2,291$1,916$1,418
17 years$3,565$2,984$2,484$2,059$1,699$1,229
18 years$3,332$2,757$2,268$1,855$1,511$1,068
19 years$3,124$2,555$2,076$1,677$1,347$929
20 years$2,936$2,375$1,905$1,518$1,203$810
21 years$2,767$2,212$1,753$1,378$1,076$708
22 years$2,614$2,065$1,615$1,253$965$619
23 years$2,474$1,931$1,491$1,141$866$542
24 years$2,345$1,809$1,379$1,041$779$475
25 years$2,228$1,698$1,278$951$701$417
26 years$2,119$1,596$1,185$869$631$366
27 years$2,019$1,502$1,100$795$569$321
28 years$1,926$1,415$1,023$729$513$282
29 years$1,839$1,335$952$668$464$248
30 years$1,759$1,261$887$613$419$219
31 years$1,684$1,192$827$563$379$192
32 years$1,613$1,128$771$518$343$169
33 years$1,547$1,068$720$476$310$149
34 years$1,485$1,012$673$438$281$131
35 years$1,427$960$629$403$254$116
36 years$1,372$911$588$371$230$102
37 years$1,320$865$551$342$209$90
38 years$1,271$823$516$315$189$79
39 years$1,225$782$483$291$172$70
40 years$1,181$744$453$268$156$62
41 years$1,140$708$425$247$141$54
42 years$1,100$675$398$228$128$48
43 years$1,062$643$374$211$116$42
44 years$1,027$613$351$195$106$37
45 years$992$584$329$180$96$33
46 years$960$557$309$166$87$29
47 years$929$532$291$153$79$26
48 years$899$508$273$142$72$23
49 years$871$485$257$131$65$20
50 years$844$463$241$121$59$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $864,000, adding $5,794 every year, while hoping to spend $31,534 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: 39/38/23 Blend
29$864,000$864,000$864,000$864,000
30$958,105$912,313$898,921$988,723
31$1,022,279$923,464$895,482$1,022,545
32$1,091,943$934,105$890,872$1,055,701
33$1,167,622$944,177$885,017$1,090,921
34$1,249,896$953,618$877,842$1,128,413
35$1,339,402$962,362$869,266$1,168,405
36$1,436,841$970,338$859,207$1,211,149
37$1,542,985$977,470$847,576$1,256,928
38$1,658,682$983,679$834,283$1,306,051
39$1,784,867$988,879$819,231$1,358,865
40$1,922,569$992,979$802,320$1,415,751
41$2,072,919$995,883$783,446$1,477,132
42$2,237,164$997,488$762,498$1,543,476
43$2,416,675$997,686$739,362$1,615,304
44$2,612,962$996,359$713,918$1,693,189
45$2,827,689$993,386$686,039$1,777,767
46$3,062,687$988,635$655,595$1,869,742
47$3,319,972$981,969$622,448$1,969,892
48$3,601,764$973,240$586,455$2,079,080
49$3,910,508$962,293$547,465$2,198,259
50$4,248,897$948,963$505,322$2,328,482
51$4,619,896$933,074$459,863$2,470,917
52$5,026,772$914,441$410,915$2,626,851
53$5,473,122$892,868$358,300$2,797,711
54$5,962,909$868,147$301,831$2,985,073
55$6,500,498$840,058$241,314$3,190,678
56$7,090,695$808,367$176,545$3,416,452
57$7,738,798$772,829$107,311$3,664,522
58$8,450,641$733,183$33,391$3,937,239
59$9,232,649$689,152$0$4,237,200
60$10,091,904$640,445$0$4,578,440
61$11,036,204$586,753$0$4,962,433
62$12,074,144$527,751$0$5,384,539
63$13,215,189$463,093$0$5,848,689
64$14,469,769$392,415$0$6,359,220
65$15,849,376$315,334$0$6,920,916
66$17,366,668$231,441$0$7,539,056
67$19,035,595$140,309$0$8,219,464
68$20,871,525$41,483$0$8,968,562
69$22,891,390$0$0$9,793,436
70$25,113,847$0$0$10,729,299
71$27,559,451$0$0$11,778,351
72$30,250,854$0$0$12,932,978
73$33,213,009$0$0$14,203,904
74$36,473,417$0$0$15,602,945
75$40,062,375$0$0$17,143,121
76$44,013,271$0$0$18,838,778
77$48,362,890$0$0$20,705,724
78$53,151,770$0$0$22,761,379
79$58,424,574$0$0$25,024,936
80$64,230,522$0$0$27,517,545
81$70,623,845$0$0$30,262,513
82$77,664,304$0$0$33,285,520
83$85,417,750$0$0$36,614,865
84$93,956,745$0$0$40,281,731
85$103,361,250$0$0$44,320,481
86$113,719,372$0$0$48,768,978
87$125,128,205$0$0$53,668,948
88$137,694,736$0$0$59,066,369
89$151,536,862$0$0$65,011,908
90$166,784,499$0$0$71,561,396
91$183,580,807$0$0$78,776,357
92$202,083,544$0$0$86,724,588
93$222,466,551$0$0$95,480,800
94$244,921,395$0$0$105,127,321
95$269,659,176$0$0$115,754,872
96$296,912,518$0$0$127,463,427
97$326,937,766$0$0$140,363,154
98$360,017,405$0$0$154,575,454
99$396,462,725$0$0$170,234,109
100$436,616,759$0$0$187,486,544