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%11.7%
1 years$71,513$70,876$70,255$69,648$69,056$68,563
2 years$35,403$34,743$34,104$33,485$32,884$32,387
3 years$23,367$22,705$22,068$21,454$20,863$20,377
4 years$17,351$16,691$16,060$15,456$14,880$14,409
5 years$13,742$13,086$12,463$11,872$11,311$10,857
6 years$11,337$10,685$10,072$9,494$8,950$8,513
7 years$9,619$8,974$8,370$7,806$7,279$6,859
8 years$8,332$7,692$7,098$6,548$6,039$5,636
9 years$7,331$6,697$6,114$5,577$5,085$4,700
10 years$6,531$5,903$5,330$4,808$4,333$3,964
11 years$5,877$5,255$4,693$4,184$3,726$3,374
12 years$5,332$4,717$4,165$3,670$3,229$2,893
13 years$4,871$4,263$3,721$3,240$2,816$2,496
14 years$4,477$3,875$3,343$2,876$2,468$2,164
15 years$4,135$3,540$3,018$2,565$2,173$1,884
16 years$3,837$3,248$2,737$2,297$1,921$1,646
17 years$3,574$2,991$2,490$2,064$1,703$1,443
18 years$3,340$2,764$2,273$1,860$1,514$1,268
19 years$3,131$2,561$2,081$1,680$1,350$1,117
20 years$2,943$2,380$1,910$1,522$1,206$985
21 years$2,774$2,217$1,757$1,381$1,079$871
22 years$2,620$2,070$1,619$1,256$967$771
23 years$2,479$1,936$1,495$1,144$868$683
24 years$2,351$1,814$1,383$1,043$780$606
25 years$2,233$1,702$1,281$953$702$538
26 years$2,124$1,599$1,188$871$632$479
27 years$2,023$1,505$1,103$797$570$426
28 years$1,930$1,418$1,025$731$515$379
29 years$1,843$1,338$954$670$465$338
30 years$1,763$1,264$889$615$420$301
31 years$1,687$1,195$828$565$380$268
32 years$1,617$1,130$773$519$343$240
33 years$1,551$1,070$722$477$311$214
34 years$1,489$1,015$674$439$281$191
35 years$1,430$962$630$404$255$170
36 years$1,375$913$590$372$231$152
37 years$1,323$867$552$343$209$136
38 years$1,274$824$517$316$190$122
39 years$1,228$784$484$291$172$109
40 years$1,184$746$454$269$156$97
41 years$1,142$710$426$248$142$87
42 years$1,103$676$399$229$128$78
43 years$1,065$644$375$211$117$69
44 years$1,029$614$352$195$106$62
45 years$995$586$330$180$96$56
46 years$962$559$310$166$87$50
47 years$931$533$291$154$79$44
48 years$901$509$274$142$72$40
49 years$873$486$257$131$65$36
50 years$846$464$242$121$59$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $866,000, adding $4,238 every year, while hoping to spend $46,876 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: 72/23/5 Blend
29$866,000$866,000$866,000$866,000
30$958,703$912,805$899,382$1,027,004
31$1,006,616$907,657$879,636$1,067,443
32$1,057,844$900,686$857,657$1,105,407
33$1,112,676$891,752$833,321$1,145,641
34$1,171,430$880,709$806,499$1,188,353
35$1,234,453$867,400$777,053$1,233,774
36$1,302,125$851,661$744,842$1,282,159
37$1,374,865$833,316$709,718$1,333,792
38$1,453,133$812,180$671,525$1,388,983
39$1,537,432$788,055$630,100$1,448,076
40$1,628,315$760,736$585,274$1,511,453
41$1,726,392$730,000$536,869$1,579,534
42$1,832,330$695,617$484,701$1,652,783
43$1,946,864$657,338$428,575$1,731,714
44$2,070,802$614,905$368,289$1,816,894
45$2,205,029$568,041$303,632$1,908,951
46$2,350,523$516,456$234,385$2,008,576
47$2,508,355$459,841$160,315$2,116,536
48$2,679,705$397,871$81,184$2,233,674
49$2,865,871$330,203$0$2,360,926
50$3,068,281$256,474$0$2,499,497
51$3,288,504$176,300$0$2,654,986
52$3,528,269$89,276$0$2,824,329
53$3,789,476$0$0$3,008,934
54$4,074,218$0$0$3,211,623
55$4,384,798$0$0$3,457,387
56$4,723,749$0$0$3,725,642
57$5,093,862$0$0$4,018,600
58$5,498,208$0$0$4,338,697
59$5,940,168$0$0$4,688,615
60$6,423,463$0$0$5,071,308
61$6,952,193$0$0$5,490,025
62$7,530,869$0$0$5,948,347
63$8,164,461$0$0$6,450,216
64$8,858,441$0$0$6,999,972
65$9,618,835$0$0$7,602,396
66$10,452,280$0$0$8,262,753
67$11,366,084$0$0$8,986,840
68$12,368,297$0$0$9,781,046
69$13,467,787$0$0$10,652,402
70$14,674,320$0$0$11,608,659
71$15,998,652$0$0$12,658,350
72$17,452,634$0$0$13,810,875
73$19,049,320$0$0$15,076,592
74$20,803,087$0$0$16,466,907
75$22,729,777$0$0$17,994,389
76$24,846,840$0$0$19,672,881
77$27,173,500$0$0$21,517,636
78$29,730,936$0$0$23,545,456
79$32,542,481$0$0$25,774,855
80$35,633,842$0$0$28,226,226
81$39,033,341$0$0$30,922,041
82$42,772,182$0$0$33,887,057
83$46,884,743$0$0$37,148,549
84$51,408,905$0$0$40,736,572
85$56,386,401$0$0$44,684,237
86$61,863,216$0$0$49,028,030
87$67,890,017$0$0$53,808,148
88$74,522,629$0$0$59,068,884
89$81,822,564$0$0$64,859,044
90$89,857,599$0$0$71,232,401
91$98,702,416$0$0$78,248,209
92$108,439,303$0$0$85,971,759
93$119,158,933$0$0$94,474,990
94$130,961,219$0$0$103,837,176
95$143,956,252$0$0$114,145,665
96$158,265,344$0$0$125,496,709
97$174,022,168$0$0$137,996,367
98$191,374,022$0$0$151,761,509
99$210,483,215$0$0$166,920,915
100$231,528,600$0$0$183,616,491