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%14.4%
1 years$71,348$70,713$70,093$69,488$68,897$67,644
2 years$35,321$34,663$34,026$33,407$32,808$31,550
3 years$23,313$22,653$22,017$21,404$20,815$19,591
4 years$17,311$16,652$16,023$15,421$14,845$13,666
5 years$13,710$13,055$12,434$11,845$11,285$10,153
6 years$11,311$10,661$10,049$9,472$8,930$7,845
7 years$9,597$8,953$8,350$7,788$7,262$6,227
8 years$8,313$7,674$7,082$6,533$6,025$5,037
9 years$7,314$6,682$6,100$5,565$5,074$4,134
10 years$6,516$5,890$5,318$4,797$4,323$3,431
11 years$5,863$5,243$4,682$4,175$3,718$2,871
12 years$5,320$4,706$4,155$3,662$3,222$2,420
13 years$4,860$4,253$3,712$3,233$2,810$2,051
14 years$4,467$3,866$3,335$2,870$2,463$1,747
15 years$4,126$3,531$3,011$2,559$2,168$1,493
16 years$3,828$3,240$2,730$2,291$1,916$1,281
17 years$3,565$2,984$2,484$2,059$1,699$1,101
18 years$3,332$2,757$2,268$1,855$1,511$949
19 years$3,124$2,555$2,076$1,677$1,347$820
20 years$2,936$2,375$1,905$1,518$1,203$709
21 years$2,767$2,212$1,753$1,378$1,076$614
22 years$2,614$2,065$1,615$1,253$965$533
23 years$2,474$1,931$1,491$1,141$866$462
24 years$2,345$1,809$1,379$1,041$779$402
25 years$2,228$1,698$1,278$951$701$349
26 years$2,119$1,596$1,185$869$631$304
27 years$2,019$1,502$1,100$795$569$265
28 years$1,926$1,415$1,023$729$513$231
29 years$1,839$1,335$952$668$464$201
30 years$1,759$1,261$887$613$419$175
31 years$1,684$1,192$827$563$379$153
32 years$1,613$1,128$771$518$343$133
33 years$1,547$1,068$720$476$310$116
34 years$1,485$1,012$673$438$281$102
35 years$1,427$960$629$403$254$89
36 years$1,372$911$588$371$230$77
37 years$1,320$865$551$342$209$68
38 years$1,271$823$516$315$189$59
39 years$1,225$782$483$291$172$52
40 years$1,181$744$453$268$156$45
41 years$1,140$708$425$247$141$39
42 years$1,100$675$398$228$128$34
43 years$1,062$643$374$211$116$30
44 years$1,027$613$351$195$106$26
45 years$992$584$329$180$96$23
46 years$960$557$309$166$87$20
47 years$929$532$291$153$79$18
48 years$899$508$273$142$72$15
49 years$871$485$257$131$65$13
50 years$844$463$241$121$59$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $864,000, adding $5,781 every year, while hoping to spend $20,203 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: 37/35/28 Blend
29$864,000$864,000$864,000$864,000
30$958,091$912,299$898,907$985,345
31$1,034,321$935,506$907,525$1,029,206
32$1,117,648$959,173$915,754$1,074,296
33$1,208,777$983,301$923,560$1,122,615
34$1,308,480$1,007,891$930,908$1,174,469
35$1,417,610$1,032,942$937,758$1,230,194
36$1,537,105$1,058,455$944,071$1,290,160
37$1,667,998$1,084,427$949,805$1,354,776
38$1,811,426$1,110,856$954,916$1,424,492
39$1,968,642$1,137,739$959,357$1,499,804
40$2,141,026$1,165,071$963,078$1,581,260
41$2,330,099$1,192,848$966,029$1,669,462
42$2,537,534$1,221,062$968,156$1,765,075
43$2,765,174$1,249,706$969,401$1,868,831
44$3,015,052$1,278,771$969,706$1,981,539
45$3,289,403$1,308,247$969,007$2,104,088
46$3,590,694$1,338,123$967,240$2,237,461
47$3,921,637$1,368,384$964,336$2,382,739
48$4,285,225$1,399,015$960,222$2,541,116
49$4,684,752$1,430,000$954,823$2,713,906
50$5,123,846$1,461,321$948,059$2,902,561
51$5,606,508$1,492,955$939,849$3,108,678
52$6,137,143$1,524,880$930,104$3,334,022
53$6,720,603$1,557,071$918,734$3,580,534
54$7,362,236$1,589,500$905,644$3,850,358
55$8,067,935$1,622,135$890,734$4,145,855
56$8,844,189$1,654,945$873,898$4,469,631
57$9,698,151$1,687,892$855,028$4,824,556
58$10,637,701$1,720,937$834,010$5,213,795
59$11,671,520$1,754,036$810,723$5,640,839
60$12,809,175$1,787,144$785,042$6,109,534
61$14,061,206$1,820,210$756,837$6,624,123
62$15,439,228$1,853,179$725,969$7,189,280
63$16,956,037$1,885,992$692,297$7,810,161
64$18,625,734$1,918,587$655,670$8,492,448
65$20,463,855$1,950,894$615,932$9,242,407
66$22,487,522$1,982,841$572,919$10,066,944
67$24,715,597$2,014,349$526,460$10,973,672
68$27,168,868$2,045,332$476,376$11,970,984
69$29,870,240$2,075,700$422,482$13,068,132
70$32,844,951$2,105,356$364,582$14,275,315
71$36,120,813$2,134,196$302,472$15,603,776
72$39,728,472$2,162,107$235,941$17,065,908
73$43,701,696$2,188,971$164,765$18,675,373
74$48,077,699$2,214,660$88,715$20,447,228
75$52,897,485$2,239,039$7,547$22,398,075
76$58,206,238$2,261,962$0$24,546,211
77$64,053,751$2,283,274$0$26,935,428
78$70,494,890$2,302,811$0$29,568,276
79$77,590,116$2,320,396$0$32,467,085
80$85,406,054$2,335,842$0$35,658,951
81$94,016,124$2,348,950$0$39,173,737
82$103,501,227$2,359,508$0$43,044,351
83$113,950,519$2,367,290$0$47,307,061
84$125,462,242$2,372,057$0$52,001,836
85$138,144,656$2,373,553$0$57,172,724
86$152,117,063$2,371,509$0$62,868,269
87$167,510,927$2,365,637$0$69,141,968
88$184,471,119$2,355,631$0$76,052,778
89$203,157,285$2,341,169$0$83,665,673
90$223,745,349$2,321,907$0$92,052,256
91$246,429,174$2,297,480$0$101,291,441
92$271,422,397$2,267,503$0$111,470,192
93$298,960,437$2,231,567$0$122,684,348
94$329,302,726$2,189,238$0$135,039,529
95$362,735,151$2,140,057$0$148,652,133
96$399,572,755$2,083,538$0$163,650,437
97$440,162,710$2,019,167$0$180,175,807
98$484,887,598$1,946,397$0$198,384,035
99$534,169,015$1,864,652$0$218,446,810
100$588,471,557$1,773,323$0$240,553,342