Can I retire at age 30 with 865,000?

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 $865,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$71,431$70,795$70,174$69,568$68,976$66,266
2 years$35,362$34,703$34,065$33,446$32,846$30,148
3 years$23,340$22,679$22,042$21,429$20,839$18,239
4 years$17,331$16,671$16,041$15,439$14,862$12,380
5 years$13,726$13,071$12,449$11,858$11,298$8,940
6 years$11,324$10,673$10,060$9,483$8,940$6,707
7 years$9,608$8,963$8,360$7,797$7,270$5,162
8 years$8,322$7,683$7,090$6,540$6,032$4,046
9 years$7,323$6,690$6,107$5,571$5,079$3,214
10 years$6,524$5,897$5,324$4,802$4,328$2,578
11 years$5,870$5,249$4,687$4,179$3,722$2,084
12 years$5,326$4,712$4,160$3,666$3,226$1,695
13 years$4,866$4,258$3,716$3,236$2,813$1,386
14 years$4,472$3,870$3,339$2,873$2,466$1,137
15 years$4,131$3,536$3,015$2,562$2,171$935
16 years$3,832$3,244$2,733$2,294$1,919$772
17 years$3,569$2,987$2,487$2,061$1,701$638
18 years$3,336$2,761$2,271$1,858$1,513$528
19 years$3,127$2,558$2,079$1,679$1,348$438
20 years$2,940$2,377$1,908$1,520$1,204$364
21 years$2,770$2,214$1,755$1,380$1,078$302
22 years$2,617$2,067$1,617$1,254$966$251
23 years$2,476$1,933$1,493$1,142$867$209
24 years$2,348$1,811$1,381$1,042$779$174
25 years$2,230$1,700$1,279$952$701$145
26 years$2,121$1,598$1,186$870$632$121
27 years$2,021$1,504$1,102$796$570$101
28 years$1,928$1,417$1,024$730$514$84
29 years$1,841$1,337$953$669$464$70
30 years$1,761$1,262$888$614$419$58
31 years$1,686$1,193$828$564$379$49
32 years$1,615$1,129$772$518$343$41
33 years$1,549$1,069$721$477$310$34
34 years$1,487$1,013$674$439$281$28
35 years$1,429$961$630$404$255$24
36 years$1,374$912$589$372$231$20
37 years$1,322$866$551$343$209$16
38 years$1,273$823$516$316$189$14
39 years$1,227$783$484$291$172$11
40 years$1,183$745$453$269$156$10
41 years$1,141$709$425$248$141$8
42 years$1,101$675$399$229$128$7
43 years$1,064$644$374$211$116$6
44 years$1,028$613$351$195$106$5
45 years$994$585$330$180$96$4
46 years$961$558$310$166$87$3
47 years$930$533$291$154$79$3
48 years$900$508$274$142$72$2
49 years$872$485$257$131$65$2
50 years$845$464$242$121$59$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $865,000, adding $4,109 every year, while hoping to spend $22,173 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: 59/34/7 Blend
29$865,000$865,000$865,000$865,000
30$957,468$911,623$898,216$1,012,312
31$1,031,538$932,701$904,714$1,070,662
32$1,112,420$954,068$910,687$1,131,362
33$1,200,785$975,716$916,094$1,196,988
34$1,297,373$997,634$920,890$1,268,014
35$1,402,997$1,019,810$925,032$1,344,963
36$1,518,554$1,042,232$928,472$1,428,407
37$1,645,029$1,064,884$931,159$1,518,982
38$1,783,510$1,087,751$933,040$1,617,382
39$1,935,193$1,110,815$934,062$1,724,376
40$2,101,395$1,134,057$934,165$1,840,809
41$2,283,567$1,157,456$933,289$1,967,614
42$2,483,307$1,180,988$931,370$2,105,815
43$2,702,375$1,204,627$928,342$2,256,544
44$2,942,710$1,228,347$924,135$2,421,046
45$3,206,447$1,252,116$918,674$2,600,693
46$3,495,938$1,275,903$911,883$2,796,998
47$3,813,774$1,299,673$903,681$3,011,626
48$4,162,809$1,323,386$893,984$3,246,414
49$4,546,185$1,347,003$882,703$3,503,385
50$4,967,368$1,370,477$869,745$3,784,767
51$5,430,172$1,393,763$855,013$4,093,018
52$5,938,799$1,416,807$838,406$4,430,845
53$6,497,882$1,439,556$819,818$4,801,230
54$7,112,520$1,461,948$799,136$5,207,463
55$7,788,335$1,483,922$776,245$5,653,165
56$8,531,519$1,505,408$751,023$6,142,331
57$9,348,894$1,526,333$723,342$6,679,360
58$10,247,976$1,546,618$693,070$7,269,102
59$11,237,049$1,566,181$660,066$7,916,903
60$12,325,235$1,584,932$624,186$8,628,652
61$13,522,590$1,602,775$585,277$9,410,842
62$14,840,191$1,619,607$543,181$10,270,627
63$16,290,243$1,635,321$497,730$11,215,892
64$17,886,196$1,649,800$448,752$12,255,328
65$19,642,868$1,662,920$396,066$13,398,513
66$21,576,588$1,674,550$339,481$14,656,002
67$23,705,346$1,684,549$278,800$16,039,428
68$26,048,968$1,692,769$213,816$17,561,615
69$28,629,298$1,699,050$144,315$19,236,692
70$31,470,407$1,703,224$70,070$21,080,233
71$34,598,819$1,705,112$0$23,109,402
72$38,043,758$1,704,522$0$25,343,801
73$41,837,432$1,701,254$0$27,809,224
74$46,015,326$1,695,091$0$30,523,428
75$50,616,545$1,685,807$0$33,511,756
76$55,684,179$1,673,158$0$36,802,140
77$61,265,712$1,656,890$0$40,425,359
78$67,413,466$1,636,729$0$44,415,336
79$74,185,099$1,612,388$0$48,809,457
80$81,644,145$1,583,561$0$53,648,921
81$89,860,617$1,549,924$0$58,979,133
82$98,911,666$1,511,136$0$64,850,134
83$108,882,307$1,466,833$0$71,317,069
84$119,866,226$1,416,632$0$78,440,714
85$131,966,659$1,360,125$0$86,288,046
86$145,297,370$1,296,882$0$94,932,879
87$159,983,722$1,226,450$0$104,456,558
88$176,163,861$1,148,345$0$114,948,733
89$193,990,021$1,062,061$0$126,508,202
90$213,629,959$967,057$0$139,243,843
91$235,268,539$862,767$0$153,275,651
92$259,109,476$748,589$0$168,735,861
93$285,377,261$623,888$0$185,770,207
94$314,319,276$487,993$0$204,539,293
95$346,208,133$340,195$0$225,220,112
96$381,344,244$179,746$0$248,007,720
97$420,058,660$5,857$0$273,117,078
98$462,716,191$0$0$300,785,080
99$509,718,853$0$0$331,341,003
100$561,509,665$0$0$365,012,211