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%13.8%
1 years$71,348$70,713$70,093$69,488$68,897$67,811
2 years$35,321$34,663$34,026$33,407$32,808$31,717
3 years$23,313$22,653$22,017$21,404$20,815$19,752
4 years$17,311$16,652$16,023$15,421$14,845$13,820
5 years$13,710$13,055$12,434$11,845$11,285$10,299
6 years$11,311$10,661$10,049$9,472$8,930$7,985
7 years$9,597$8,953$8,350$7,788$7,262$6,359
8 years$8,313$7,674$7,082$6,533$6,025$5,162
9 years$7,314$6,682$6,100$5,565$5,074$4,252
10 years$6,516$5,890$5,318$4,797$4,323$3,541
11 years$5,863$5,243$4,682$4,175$3,718$2,975
12 years$5,320$4,706$4,155$3,662$3,222$2,517
13 years$4,860$4,253$3,712$3,233$2,810$2,142
14 years$4,467$3,866$3,335$2,870$2,463$1,832
15 years$4,126$3,531$3,011$2,559$2,168$1,572
16 years$3,828$3,240$2,730$2,291$1,916$1,354
17 years$3,565$2,984$2,484$2,059$1,699$1,169
18 years$3,332$2,757$2,268$1,855$1,511$1,012
19 years$3,124$2,555$2,076$1,677$1,347$878
20 years$2,936$2,375$1,905$1,518$1,203$763
21 years$2,767$2,212$1,753$1,378$1,076$664
22 years$2,614$2,065$1,615$1,253$965$578
23 years$2,474$1,931$1,491$1,141$866$504
24 years$2,345$1,809$1,379$1,041$779$440
25 years$2,228$1,698$1,278$951$701$385
26 years$2,119$1,596$1,185$869$631$336
27 years$2,019$1,502$1,100$795$569$294
28 years$1,926$1,415$1,023$729$513$258
29 years$1,839$1,335$952$668$464$226
30 years$1,759$1,261$887$613$419$198
31 years$1,684$1,192$827$563$379$173
32 years$1,613$1,128$771$518$343$152
33 years$1,547$1,068$720$476$310$133
34 years$1,485$1,012$673$438$281$117
35 years$1,427$960$629$403$254$103
36 years$1,372$911$588$371$230$90
37 years$1,320$865$551$342$209$79
38 years$1,271$823$516$315$189$69
39 years$1,225$782$483$291$172$61
40 years$1,181$744$453$268$156$53
41 years$1,140$708$425$247$141$47
42 years$1,100$675$398$228$128$41
43 years$1,062$643$374$211$116$36
44 years$1,027$613$351$195$106$32
45 years$992$584$329$180$96$28
46 years$960$557$309$166$87$25
47 years$929$532$291$153$79$22
48 years$899$508$273$142$72$19
49 years$871$485$257$131$65$17
50 years$844$463$241$121$59$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $864,000, adding $2,523 every year, while hoping to spend $27,375 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: 52/40/8 Blend
29$864,000$864,000$864,000$864,000
30$954,730$908,938$895,546$1,002,337
31$1,022,986$924,350$896,420$1,050,379
32$1,097,287$939,599$896,406$1,099,422
33$1,178,219$954,648$895,445$1,152,107
34$1,266,431$969,459$893,476$1,208,781
35$1,362,633$983,989$890,433$1,269,829
36$1,467,609$998,192$886,250$1,335,677
37$1,582,221$1,012,019$880,856$1,406,791
38$1,707,418$1,025,419$874,175$1,483,687
39$1,844,246$1,038,336$866,131$1,566,936
40$1,993,854$1,050,709$856,642$1,657,163
41$2,157,509$1,062,476$845,622$1,755,062
42$2,336,606$1,073,569$832,981$1,861,395
43$2,532,681$1,083,914$818,626$1,977,005
44$2,747,424$1,093,435$802,460$2,102,820
45$2,982,697$1,102,050$784,379$2,239,864
46$3,240,552$1,109,670$764,275$2,389,267
47$3,523,248$1,116,203$742,037$2,552,276
48$3,833,271$1,121,549$717,548$2,730,263
49$4,173,362$1,125,602$690,683$2,924,746
50$4,546,539$1,128,251$661,315$3,137,395
51$4,956,127$1,129,376$629,309$3,370,055
52$5,405,786$1,128,849$594,525$3,624,760
53$5,899,550$1,126,537$556,816$3,903,751
54$6,441,863$1,122,297$516,029$4,209,503
55$7,037,620$1,115,976$472,003$4,544,745
56$7,692,213$1,107,414$424,570$4,912,484
57$8,411,582$1,096,441$373,556$5,316,039
58$9,202,271$1,082,874$318,779$5,759,069
59$10,071,492$1,066,524$260,046$6,245,610
60$11,027,186$1,047,186$197,160$6,780,112
61$12,078,106$1,024,644$129,912$7,367,482
62$13,233,893$998,672$58,084$8,013,133
63$14,505,171$969,028$0$8,723,032
64$15,903,643$935,456$0$9,505,345
65$17,442,207$897,685$0$10,371,136
66$19,135,071$855,431$0$11,323,465
67$20,997,890$808,389$0$12,371,176
68$23,047,915$756,240$0$13,524,020
69$25,304,152$698,645$0$14,792,746
70$27,787,543$635,246$0$16,189,204
71$30,521,165$565,666$0$17,726,461
72$33,530,444$489,504$0$19,418,917
73$36,843,397$406,337$0$21,282,451
74$40,490,896$315,721$0$23,334,566
75$44,506,959$217,182$0$25,594,558
76$48,929,069$110,224$0$28,083,698
77$53,798,529$0$0$30,825,433
78$59,160,853$0$0$33,848,112
79$65,066,193$0$0$37,230,425
80$71,569,812$0$0$40,955,523
81$78,732,606$0$0$45,058,300
82$86,621,680$0$0$49,577,208
83$95,310,977$0$0$54,554,617
84$104,881,980$0$0$60,037,220
85$115,424,477$0$0$66,076,465
86$127,037,413$0$0$72,729,051
87$139,829,816$0$0$80,057,453
88$153,921,833$0$0$88,130,518
89$169,445,862$0$0$97,024,113
90$186,547,798$0$0$106,821,839
91$205,388,413$0$0$117,615,823
92$226,144,872$0$0$129,507,586
93$249,012,405$0$0$142,608,999
94$274,206,150$0$0$157,043,343
95$301,963,183$0$0$172,946,470
96$332,544,756$0$0$190,468,083
97$366,238,761$0$0$209,773,155
98$403,362,450$0$0$231,043,480
99$444,265,426$0$0$254,479,392
100$489,332,945$0$0$280,301,656