Can I retire at age 30 with 867,000?

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 $867,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$71,596$70,958$70,336$69,729$69,136$67,795
2 years$35,444$34,783$34,144$33,523$32,922$31,577
3 years$23,394$22,731$22,093$21,479$20,887$19,579
4 years$17,371$16,710$16,078$15,474$14,897$13,636
5 years$13,758$13,101$12,477$11,886$11,324$10,115
6 years$11,350$10,698$10,084$9,505$8,961$7,804
7 years$9,631$8,984$8,379$7,815$7,287$6,183
8 years$8,342$7,701$7,106$6,556$6,046$4,994
9 years$7,340$6,705$6,121$5,584$5,091$4,091
10 years$6,539$5,910$5,336$4,813$4,338$3,388
11 years$5,884$5,261$4,698$4,189$3,731$2,831
12 years$5,338$4,722$4,169$3,674$3,233$2,381
13 years$4,877$4,268$3,725$3,244$2,819$2,014
14 years$4,482$3,879$3,347$2,880$2,471$1,712
15 years$4,140$3,544$3,022$2,568$2,176$1,460
16 years$3,841$3,251$2,740$2,299$1,923$1,250
17 years$3,578$2,994$2,493$2,066$1,705$1,072
18 years$3,344$2,767$2,276$1,862$1,516$922
19 years$3,135$2,564$2,083$1,682$1,351$795
20 years$2,947$2,383$1,912$1,524$1,207$686
21 years$2,777$2,220$1,759$1,383$1,080$593
22 years$2,623$2,072$1,621$1,257$968$513
23 years$2,482$1,938$1,497$1,145$869$444
24 years$2,353$1,816$1,384$1,044$781$385
25 years$2,235$1,704$1,282$954$703$334
26 years$2,126$1,601$1,189$872$633$290
27 years$2,026$1,507$1,104$798$571$252
28 years$1,932$1,420$1,026$731$515$219
29 years$1,846$1,340$955$671$465$190
30 years$1,765$1,265$890$616$420$165
31 years$1,689$1,196$829$565$380$144
32 years$1,619$1,132$774$520$344$125
33 years$1,553$1,072$723$478$311$109
34 years$1,491$1,016$675$440$282$95
35 years$1,432$963$631$405$255$83
36 years$1,377$914$590$373$231$72
37 years$1,325$868$553$343$209$63
38 years$1,276$825$518$316$190$55
39 years$1,229$785$485$292$172$48
40 years$1,185$747$454$269$156$41
41 years$1,144$711$426$248$142$36
42 years$1,104$677$400$229$129$31
43 years$1,066$645$375$212$117$27
44 years$1,030$615$352$195$106$24
45 years$996$586$331$180$96$21
46 years$963$559$311$167$87$18
47 years$932$534$292$154$79$16
48 years$902$510$274$142$72$14
49 years$874$487$258$131$65$12
50 years$846$465$242$122$59$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $867,000, adding $3,199 every year, while hoping to spend $49,855 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: 83/10/7 Blend
29$867,000$867,000$867,000$867,000
30$958,734$912,783$899,344$1,037,426
31$1,003,479$904,464$876,427$1,081,001
32$1,051,118$894,066$851,071$1,121,802
33$1,101,892$881,436$823,142$1,165,057
34$1,156,067$866,408$792,500$1,210,979
35$1,213,935$848,811$758,997$1,259,806
36$1,275,813$828,459$722,480$1,311,801
37$1,342,052$805,160$682,789$1,367,251
38$1,413,034$778,705$639,755$1,426,472
39$1,489,180$748,879$593,204$1,489,814
40$1,570,952$715,449$542,952$1,557,662
41$1,658,855$678,173$488,807$1,630,440
42$1,753,447$636,791$430,570$1,708,614
43$1,855,336$591,032$368,032$1,792,699
44$1,965,194$540,606$300,974$1,883,264
45$2,083,756$485,208$229,170$1,980,932
46$2,211,832$424,516$152,380$2,086,393
47$2,350,312$358,190$70,357$2,200,408
48$2,500,172$285,870$0$2,323,813
49$2,662,486$207,174$0$2,458,816
50$2,838,437$121,703$0$2,610,842
51$3,029,322$29,031$0$2,775,775
52$3,236,571$0$0$2,954,874
53$3,461,754$0$0$3,157,372
54$3,706,600$0$0$3,381,041
55$3,973,011$0$0$3,624,425
56$4,263,077$0$0$3,889,437
57$4,579,103$0$0$4,178,183
58$4,923,621$0$0$4,492,980
59$5,299,419$0$0$4,836,378
60$5,709,566$0$0$5,211,184
61$6,157,441$0$0$5,620,487
62$6,646,763$0$0$6,067,688
63$7,181,625$0$0$6,556,533
64$7,766,536$0$0$7,091,142
65$8,406,457$0$0$7,676,055
66$9,106,854$0$0$8,316,271
67$9,873,744$0$0$9,017,293
68$10,713,753$0$0$9,785,180
69$11,634,179$0$0$10,626,608
70$12,643,059$0$0$11,548,927
71$13,749,244$0$0$12,560,232
72$14,962,482$0$0$13,669,439
73$16,293,512$0$0$14,886,370
74$17,754,159$0$0$16,221,841
75$19,357,452$0$0$17,687,768
76$21,117,740$0$0$19,297,275
77$23,050,831$0$0$21,064,820
78$25,174,138$0$0$23,006,330
79$27,506,845$0$0$25,139,351
80$30,070,084$0$0$27,483,211
81$32,887,135$0$0$30,059,203
82$35,983,647$0$0$32,890,787
83$39,387,878$0$0$36,003,807
84$43,130,958$0$0$39,426,737
85$47,247,186$0$0$43,190,949
86$51,774,350$0$0$47,331,004
87$56,754,086$0$0$51,884,984
88$62,232,265$0$0$56,894,845
89$68,259,431$0$0$62,406,817
90$74,891,271$0$0$68,471,834
91$82,189,143$0$0$75,146,018
92$90,220,657$0$0$82,491,205
93$99,060,303$0$0$90,575,530
94$108,790,164$0$0$99,474,069
95$119,500,680$0$0$109,269,544
96$131,291,507$0$0$120,053,104
97$144,272,454$0$0$131,925,186
98$158,564,517$0$0$144,996,461
99$174,301,024$0$0$159,388,875
100$191,628,887$0$0$175,236,803