Can I retire at age 30 with 864,000?

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 $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%16.7%
1 years$71,348$70,713$70,093$69,488$68,897$67,014
2 years$35,321$34,663$34,026$33,407$32,808$30,925
3 years$23,313$22,653$22,017$21,404$20,815$18,990
4 years$17,311$16,652$16,023$15,421$14,845$13,093
5 years$13,710$13,055$12,434$11,845$11,285$9,611
6 years$11,311$10,661$10,049$9,472$8,930$7,334
7 years$9,597$8,953$8,350$7,788$7,262$5,746
8 years$8,313$7,674$7,082$6,533$6,025$4,586
9 years$7,314$6,682$6,100$5,565$5,074$3,712
10 years$6,516$5,890$5,318$4,797$4,323$3,037
11 years$5,863$5,243$4,682$4,175$3,718$2,505
12 years$5,320$4,706$4,155$3,662$3,222$2,080
13 years$4,860$4,253$3,712$3,233$2,810$1,736
14 years$4,467$3,866$3,335$2,870$2,463$1,455
15 years$4,126$3,531$3,011$2,559$2,168$1,224
16 years$3,828$3,240$2,730$2,291$1,916$1,033
17 years$3,565$2,984$2,484$2,059$1,699$874
18 years$3,332$2,757$2,268$1,855$1,511$740
19 years$3,124$2,555$2,076$1,677$1,347$628
20 years$2,936$2,375$1,905$1,518$1,203$534
21 years$2,767$2,212$1,753$1,378$1,076$455
22 years$2,614$2,065$1,615$1,253$965$387
23 years$2,474$1,931$1,491$1,141$866$330
24 years$2,345$1,809$1,379$1,041$779$282
25 years$2,228$1,698$1,278$951$701$241
26 years$2,119$1,596$1,185$869$631$206
27 years$2,019$1,502$1,100$795$569$176
28 years$1,926$1,415$1,023$729$513$150
29 years$1,839$1,335$952$668$464$128
30 years$1,759$1,261$887$613$419$110
31 years$1,684$1,192$827$563$379$94
32 years$1,613$1,128$771$518$343$80
33 years$1,547$1,068$720$476$310$69
34 years$1,485$1,012$673$438$281$59
35 years$1,427$960$629$403$254$51
36 years$1,372$911$588$371$230$43
37 years$1,320$865$551$342$209$37
38 years$1,271$823$516$315$189$32
39 years$1,225$782$483$291$172$27
40 years$1,181$744$453$268$156$23
41 years$1,140$708$425$247$141$20
42 years$1,100$675$398$228$128$17
43 years$1,062$643$374$211$116$15
44 years$1,027$613$351$195$106$13
45 years$992$584$329$180$96$11
46 years$960$557$309$166$87$9
47 years$929$532$291$153$79$8
48 years$899$508$273$142$72$7
49 years$871$485$257$131$65$6
50 years$844$463$241$121$59$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $864,000, adding $2,585 every year, while hoping to spend $29,297 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: 75/17/8 Blend
29$864,000$864,000$864,000$864,000
30$954,794$909,002$895,610$1,025,056
31$1,021,012$922,372$894,442$1,085,033
32$1,093,001$935,414$892,252$1,146,763
33$1,171,321$948,083$888,976$1,213,571
34$1,256,584$960,328$884,545$1,285,950
35$1,349,467$972,095$878,888$1,364,443
36$1,450,712$983,327$871,931$1,449,647
37$1,561,137$993,963$863,593$1,542,221
38$1,681,644$1,003,937$853,794$1,642,891
39$1,813,221$1,013,180$842,446$1,752,457
40$1,956,962$1,021,618$829,459$1,871,800
41$2,114,065$1,029,171$814,740$2,001,889
42$2,285,855$1,035,755$798,188$2,143,796
43$2,473,785$1,041,280$779,701$2,298,699
44$2,679,460$1,045,652$759,170$2,467,896
45$2,904,645$1,048,768$736,482$2,652,819
46$3,151,282$1,050,522$711,518$2,855,046
47$3,421,513$1,050,797$684,153$3,076,316
48$3,717,695$1,049,474$654,260$3,318,543
49$4,042,423$1,046,422$621,701$3,583,841
50$4,398,558$1,041,504$586,336$3,874,535
51$4,789,249$1,034,575$548,016$4,193,192
52$5,217,964$1,025,481$506,586$4,542,638
53$5,688,524$1,014,058$461,885$4,925,988
54$6,205,140$1,000,133$413,744$5,346,677
55$6,772,446$983,521$361,987$5,808,489
56$7,395,550$964,029$306,428$6,315,596
57$8,080,079$941,449$246,876$6,872,596
58$8,832,231$915,564$183,130$7,484,555
59$9,658,834$886,142$114,981$8,157,059
60$10,567,410$852,938$42,208$8,896,264
61$11,566,248$815,693$0$9,708,955
62$12,664,477$774,134$0$10,605,635
63$13,872,157$727,970$0$11,595,563
64$15,200,372$676,896$0$12,684,237
65$16,661,332$620,586$0$13,881,692
66$18,268,491$558,698$0$15,198,986
67$20,036,674$490,870$0$16,648,307
68$21,982,212$416,720$0$18,243,086
69$24,123,101$335,844$0$19,998,123
70$26,479,171$247,813$0$21,929,732
71$29,072,268$152,178$0$24,055,888
72$31,926,466$48,461$0$26,396,403
73$35,068,290$0$0$28,973,111
74$38,526,969$0$0$31,822,017
75$42,334,706$0$0$34,968,465
76$46,526,989$0$0$38,432,720
77$51,142,920$0$0$42,247,100
78$56,225,588$0$0$46,447,215
79$61,822,469$0$0$51,072,305
80$67,985,880$0$0$56,165,610
81$74,773,472$0$0$61,774,776
82$82,248,768$0$0$67,952,305
83$90,481,770$0$0$74,756,052
84$99,549,612$0$0$82,249,769
85$109,537,292$0$0$90,503,705
86$120,538,476$0$0$99,595,274
87$132,656,373$0$0$109,609,779
88$146,004,721$0$0$120,641,220
89$160,708,847$0$0$132,793,183
90$176,906,861$0$0$146,179,812
91$194,750,953$0$0$160,926,892
92$214,408,829$0$0$177,173,031
93$236,065,297$0$0$195,070,972
94$259,924,008$0$0$214,789,031
95$286,209,378$0$0$236,512,688
96$315,168,710$0$0$260,446,336
97$347,074,522$0$0$286,815,210
98$382,227,123$0$0$315,867,515
99$420,957,445$0$0$347,876,766
100$463,630,170$0$0$383,144,370