Can I retire at age 30 with 866,000?

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 $866,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$71,513$70,876$70,255$69,648$69,056$66,290
2 years$35,403$34,743$34,104$33,485$32,884$30,132
3 years$23,367$22,705$22,068$21,454$20,863$18,212
4 years$17,351$16,691$16,060$15,456$14,880$12,349
5 years$13,742$13,086$12,463$11,872$11,311$8,908
6 years$11,337$10,685$10,072$9,494$8,950$6,676
7 years$9,619$8,974$8,370$7,806$7,279$5,132
8 years$8,332$7,692$7,098$6,548$6,039$4,018
9 years$7,331$6,697$6,114$5,577$5,085$3,187
10 years$6,531$5,903$5,330$4,808$4,333$2,554
11 years$5,877$5,255$4,693$4,184$3,726$2,062
12 years$5,332$4,717$4,165$3,670$3,229$1,675
13 years$4,871$4,263$3,721$3,240$2,816$1,367
14 years$4,477$3,875$3,343$2,876$2,468$1,120
15 years$4,135$3,540$3,018$2,565$2,173$920
16 years$3,837$3,248$2,737$2,297$1,921$758
17 years$3,574$2,991$2,490$2,064$1,703$626
18 years$3,340$2,764$2,273$1,860$1,514$517
19 years$3,131$2,561$2,081$1,680$1,350$428
20 years$2,943$2,380$1,910$1,522$1,206$355
21 years$2,774$2,217$1,757$1,381$1,079$295
22 years$2,620$2,070$1,619$1,256$967$245
23 years$2,479$1,936$1,495$1,144$868$203
24 years$2,351$1,814$1,383$1,043$780$169
25 years$2,233$1,702$1,281$953$702$140
26 years$2,124$1,599$1,188$871$632$117
27 years$2,023$1,505$1,103$797$570$97
28 years$1,930$1,418$1,025$731$515$81
29 years$1,843$1,338$954$670$465$67
30 years$1,763$1,264$889$615$420$56
31 years$1,687$1,195$828$565$380$47
32 years$1,617$1,130$773$519$343$39
33 years$1,551$1,070$722$477$311$32
34 years$1,489$1,015$674$439$281$27
35 years$1,430$962$630$404$255$22
36 years$1,375$913$590$372$231$19
37 years$1,323$867$552$343$209$16
38 years$1,274$824$517$316$190$13
39 years$1,228$784$484$291$172$11
40 years$1,184$746$454$269$156$9
41 years$1,142$710$426$248$142$8
42 years$1,103$676$399$229$128$6
43 years$1,065$644$375$211$117$5
44 years$1,029$614$352$195$106$4
45 years$995$586$330$180$96$4
46 years$962$559$310$166$87$3
47 years$931$533$291$154$79$3
48 years$901$509$274$142$72$2
49 years$873$486$257$131$65$2
50 years$846$464$242$121$59$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $866,000, adding $6,151 every year, while hoping to spend $33,387 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: 33/49/18 Blend
29$866,000$866,000$866,000$866,000
30$960,677$914,779$901,356$986,840
31$1,023,142$924,079$896,028$1,016,013
32$1,090,860$932,717$889,402$1,043,918
33$1,164,331$940,623$881,400$1,073,285
34$1,244,106$947,726$871,940$1,104,263
35$1,330,789$953,950$860,934$1,137,016
36$1,425,047$959,211$848,294$1,171,727
37$1,527,613$963,423$833,922$1,208,601
38$1,639,293$966,494$817,722$1,247,865
39$1,760,974$968,325$799,589$1,289,772
40$1,893,632$968,812$779,414$1,334,603
41$2,038,342$967,843$757,084$1,382,671
42$2,196,287$965,301$732,480$1,434,322
43$2,368,768$961,061$705,477$1,489,944
44$2,557,218$954,989$675,947$1,549,965
45$2,763,216$946,945$643,753$1,614,861
46$2,988,498$936,780$608,753$1,685,161
47$3,234,977$924,334$570,798$1,761,451
48$3,504,759$909,441$529,734$1,844,383
49$3,800,163$891,922$485,399$1,934,678
50$4,123,743$871,589$437,623$2,033,136
51$4,478,310$848,243$386,229$2,140,646
52$4,866,963$821,672$331,033$2,258,190
53$5,293,112$791,653$271,841$2,386,858
54$5,760,515$757,949$208,453$2,527,858
55$6,273,309$720,309$140,657$2,682,528
56$6,836,052$678,470$68,235$2,852,347
57$7,453,765$632,152$0$3,038,955
58$8,131,979$581,057$0$3,245,905
59$8,876,786$524,873$0$3,487,566
60$9,694,896$463,270$0$3,753,089
61$10,593,703$395,898$0$4,044,983
62$11,581,351$322,387$0$4,366,018
63$12,666,812$242,347$0$4,719,258
64$13,859,971$155,367$0$5,108,084
65$15,171,719$61,011$0$5,536,233
66$16,614,053$0$0$6,007,832
67$18,200,191$0$0$6,549,642
68$19,944,699$0$0$7,181,875
69$21,863,621$0$0$7,877,467
70$23,974,636$0$0$8,642,845
71$26,297,224$0$0$9,485,090
72$28,852,848$0$0$10,412,006
73$31,665,154$0$0$11,432,190
74$34,760,199$0$0$12,555,115
75$38,166,692$0$0$13,791,218
76$41,916,267$0$0$15,152,001
77$46,043,781$0$0$16,650,138
78$50,587,642$0$0$18,299,593
79$55,590,169$0$0$20,115,753
80$61,097,995$0$0$22,115,574
81$67,162,505$0$0$24,317,739
82$73,840,319$0$0$26,742,835
83$81,193,828$0$0$29,413,550
84$89,291,782$0$0$32,354,879
85$98,209,937$0$0$35,594,371
86$108,031,771$0$0$39,162,379
87$118,849,271$0$0$43,092,350
88$130,763,801$0$0$47,421,145
89$143,887,059$0$0$52,189,377
90$158,342,127$0$0$57,441,805
91$174,264,638$0$0$63,227,747
92$191,804,050$0$0$69,601,552
93$211,125,063$0$0$76,623,109
94$232,409,163$0$0$84,358,414
95$255,856,347$0$0$92,880,192
96$281,686,998$0$0$102,268,585
97$310,143,976$0$0$112,611,903
98$341,494,899$0$0$124,007,466
99$376,034,678$0$0$136,562,514
100$414,088,294$0$0$150,395,225