Can I retire at age 30 with 868,000?

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 $868,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$71,679$71,040$70,417$69,809$69,216$67,790
2 years$35,484$34,824$34,183$33,562$32,960$31,530
3 years$23,421$22,758$22,119$21,504$20,911$19,522
4 years$17,391$16,729$16,097$15,492$14,914$13,576
5 years$13,774$13,116$12,492$11,899$11,337$10,054
6 years$11,363$10,710$10,095$9,516$8,971$7,744
7 years$9,642$8,994$8,389$7,824$7,296$6,126
8 years$8,351$7,710$7,115$6,563$6,052$4,939
9 years$7,348$6,713$6,128$5,590$5,097$4,039
10 years$6,546$5,917$5,342$4,819$4,343$3,339
11 years$5,890$5,268$4,703$4,194$3,735$2,784
12 years$5,344$4,728$4,174$3,679$3,237$2,337
13 years$4,883$4,273$3,729$3,248$2,823$1,973
14 years$4,487$3,884$3,351$2,883$2,474$1,674
15 years$4,145$3,548$3,025$2,571$2,178$1,425
16 years$3,846$3,255$2,743$2,302$1,925$1,217
17 years$3,582$2,998$2,496$2,068$1,707$1,042
18 years$3,348$2,770$2,278$1,864$1,518$894
19 years$3,138$2,567$2,086$1,684$1,353$768
20 years$2,950$2,386$1,914$1,525$1,208$662
21 years$2,780$2,222$1,761$1,384$1,081$571
22 years$2,626$2,074$1,623$1,259$969$493
23 years$2,485$1,940$1,498$1,146$870$426
24 years$2,356$1,818$1,386$1,046$782$368
25 years$2,238$1,706$1,283$955$704$319
26 years$2,129$1,603$1,190$873$634$276
27 years$2,028$1,509$1,105$799$572$239
28 years$1,935$1,422$1,028$732$516$207
29 years$1,848$1,341$956$671$466$180
30 years$1,767$1,267$891$616$421$156
31 years$1,691$1,197$830$566$380$135
32 years$1,621$1,133$775$520$344$117
33 years$1,554$1,073$723$478$311$102
34 years$1,492$1,017$676$440$282$89
35 years$1,434$965$632$405$255$77
36 years$1,379$915$591$373$231$67
37 years$1,327$870$553$344$210$58
38 years$1,277$826$518$317$190$50
39 years$1,231$786$485$292$172$44
40 years$1,187$748$455$269$156$38
41 years$1,145$712$427$249$142$33
42 years$1,105$678$400$229$129$29
43 years$1,067$646$376$212$117$25
44 years$1,031$616$353$196$106$22
45 years$997$587$331$181$96$19
46 years$964$560$311$167$87$16
47 years$933$534$292$154$79$14
48 years$903$510$274$142$72$12
49 years$875$487$258$132$65$11
50 years$847$465$243$122$59$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $868,000, adding $6,341 every year, while hoping to spend $25,339 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: 47/37/16 Blend
29$868,000$868,000$868,000$868,000
30$963,077$917,073$903,619$1,003,715
31$1,034,350$935,049$906,929$1,050,547
32$1,112,044$953,056$909,502$1,098,264
33$1,196,787$971,070$911,284$1,149,504
34$1,289,270$989,064$912,223$1,204,608
35$1,390,254$1,007,006$912,261$1,263,949
36$1,500,577$1,024,867$911,339$1,327,938
37$1,621,161$1,042,611$909,394$1,397,030
38$1,753,022$1,060,201$906,361$1,471,725
39$1,897,277$1,077,598$902,172$1,552,575
40$2,055,159$1,094,759$896,754$1,640,191
41$2,228,021$1,111,639$890,031$1,735,243
42$2,417,357$1,128,187$881,925$1,838,473
43$2,624,811$1,144,352$872,353$1,950,699
44$2,852,194$1,160,077$861,229$2,072,821
45$3,101,498$1,175,301$848,460$2,205,834
46$3,374,920$1,189,960$833,953$2,350,834
47$3,674,879$1,203,985$817,608$2,509,032
48$4,004,039$1,217,303$799,320$2,681,762
49$4,365,334$1,229,834$778,980$2,870,494
50$4,761,998$1,241,495$756,475$3,076,853
51$5,197,590$1,252,197$731,686$3,302,627
52$5,676,033$1,261,843$704,486$3,549,791
53$6,201,649$1,270,334$674,747$3,820,523
54$6,779,197$1,277,560$642,331$4,117,223
55$7,413,922$1,283,408$607,096$4,442,539
56$8,111,601$1,287,754$568,893$4,799,392
57$8,878,599$1,290,469$527,566$5,191,003
58$9,721,930$1,291,415$482,952$5,620,923
59$10,649,317$1,290,445$434,882$6,093,069
60$11,669,275$1,287,404$383,178$6,611,761
61$12,791,180$1,282,127$327,654$7,181,760
62$14,025,367$1,274,437$268,116$7,808,318
63$15,383,219$1,264,150$204,363$8,497,228
64$16,877,282$1,251,067$136,183$9,254,874
65$18,521,375$1,234,980$63,356$10,088,298
66$20,330,728$1,215,666$0$11,005,263
67$22,322,120$1,192,892$0$12,016,782
68$24,514,041$1,166,408$0$13,141,543
69$26,926,862$1,135,951$0$14,379,167
70$29,583,032$1,101,242$0$15,741,172
71$32,507,283$1,061,986$0$17,240,255
72$35,726,872$1,017,869$0$18,890,410
73$39,271,831$968,562$0$20,707,064
74$43,175,251$913,715$0$22,707,220
75$47,473,597$852,957$0$24,909,621
76$52,207,050$785,898$0$27,334,925
77$57,419,886$712,125$0$30,005,906
78$63,160,895$631,199$0$32,947,662
79$69,483,838$542,660$0$36,187,860
80$76,447,959$446,019$0$39,756,994
81$84,118,538$340,761$0$43,688,675
82$92,567,512$226,342$0$48,019,951
83$101,874,151$102,185$0$52,791,655
84$112,125,807$0$0$58,048,794
85$123,418,737$0$0$63,854,131
86$135,859,014$0$0$70,295,263
87$149,563,522$0$0$77,391,122
88$164,661,068$0$0$85,208,420
89$181,293,589$0$0$93,820,670
90$199,617,495$0$0$103,308,880
91$219,805,146$0$0$113,762,320
92$242,046,478$0$0$125,279,364
93$266,550,793$0$0$137,968,414
94$293,548,740$0$0$151,948,930
95$323,294,484$0$0$167,352,552
96$356,068,113$0$0$184,324,346
97$392,178,277$0$0$203,024,170
98$431,965,100$0$0$223,628,187
99$475,803,396$0$0$246,330,524
100$524,106,200$0$0$271,345,105