Can I retire at age 30 with 868,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16%
1 years$71,679$71,040$70,417$69,809$69,216$67,515
2 years$35,484$34,824$34,183$33,562$32,960$31,257
3 years$23,421$22,758$22,119$21,504$20,911$19,259
4 years$17,391$16,729$16,097$15,492$14,914$13,326
5 years$13,774$13,116$12,492$11,899$11,337$9,817
6 years$11,363$10,710$10,095$9,516$8,971$7,520
7 years$9,642$8,994$8,389$7,824$7,296$5,915
8 years$8,351$7,710$7,115$6,563$6,052$4,741
9 years$7,348$6,713$6,128$5,590$5,097$3,854
10 years$6,546$5,917$5,342$4,819$4,343$3,167
11 years$5,890$5,268$4,703$4,194$3,735$2,624
12 years$5,344$4,728$4,174$3,679$3,237$2,188
13 years$4,883$4,273$3,729$3,248$2,823$1,835
14 years$4,487$3,884$3,351$2,883$2,474$1,546
15 years$4,145$3,548$3,025$2,571$2,178$1,307
16 years$3,846$3,255$2,743$2,302$1,925$1,108
17 years$3,582$2,998$2,496$2,068$1,707$942
18 years$3,348$2,770$2,278$1,864$1,518$802
19 years$3,138$2,567$2,086$1,684$1,353$685
20 years$2,950$2,386$1,914$1,525$1,208$585
21 years$2,780$2,222$1,761$1,384$1,081$501
22 years$2,626$2,074$1,623$1,259$969$429
23 years$2,485$1,940$1,498$1,146$870$368
24 years$2,356$1,818$1,386$1,046$782$316
25 years$2,238$1,706$1,283$955$704$271
26 years$2,129$1,603$1,190$873$634$233
27 years$2,028$1,509$1,105$799$572$200
28 years$1,935$1,422$1,028$732$516$172
29 years$1,848$1,341$956$671$466$148
30 years$1,767$1,267$891$616$421$127
31 years$1,691$1,197$830$566$380$110
32 years$1,621$1,133$775$520$344$94
33 years$1,554$1,073$723$478$311$81
34 years$1,492$1,017$676$440$282$70
35 years$1,434$965$632$405$255$60
36 years$1,379$915$591$373$231$52
37 years$1,327$870$553$344$210$45
38 years$1,277$826$518$317$190$39
39 years$1,231$786$485$292$172$33
40 years$1,187$748$455$269$156$29
41 years$1,145$712$427$249$142$25
42 years$1,105$678$400$229$129$21
43 years$1,067$646$376$212$117$18
44 years$1,031$616$353$196$106$16
45 years$997$587$331$181$96$14
46 years$964$560$311$167$87$12
47 years$933$534$292$154$79$10
48 years$903$510$274$142$72$9
49 years$875$487$258$132$65$8
50 years$847$465$243$122$59$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $868,000, adding $4,399 every year, while hoping to spend $43,908 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: 62/27/11 Blend
29$868,000$868,000$868,000$868,000
30$961,074$915,070$901,616$1,017,956
31$1,012,385$913,190$885,102$1,054,712
32$1,067,459$909,747$866,563$1,089,376
33$1,126,633$904,617$845,886$1,126,124
34$1,190,276$897,671$822,950$1,165,158
35$1,258,796$888,768$797,631$1,206,704
36$1,332,639$877,764$769,797$1,251,008
37$1,412,296$864,501$739,313$1,298,349
38$1,498,304$848,817$706,034$1,349,030
39$1,591,258$830,535$669,813$1,403,390
40$1,691,806$809,471$630,492$1,461,804
41$1,800,666$785,430$587,908$1,524,687
42$1,918,622$758,205$541,891$1,592,497
43$2,046,539$727,575$492,263$1,665,744
44$2,185,369$693,309$438,837$1,744,991
45$2,336,158$655,162$381,418$1,830,860
46$2,500,055$612,874$319,805$1,924,042
47$2,678,326$566,170$253,784$2,025,298
48$2,872,364$514,761$183,134$2,135,474
49$3,083,700$458,340$107,625$2,255,502
50$3,314,021$396,582$27,013$2,386,417
51$3,565,182$329,145$0$2,529,360
52$3,839,224$255,667$0$2,692,520
53$4,138,397$175,767$0$2,874,202
54$4,465,174$89,040$0$3,072,807
55$4,822,278$0$0$3,290,077
56$5,212,710$0$0$3,529,399
57$5,639,770$0$0$3,820,172
58$6,107,094$0$0$4,138,422
59$6,618,686$0$0$4,486,885
60$7,178,952$0$0$4,868,571
61$7,792,749$0$0$5,286,795
62$8,465,421$0$0$5,745,210
63$9,202,858$0$0$6,247,837
64$10,011,542$0$0$6,799,105
65$10,898,617$0$0$7,403,893
66$11,871,949$0$0$8,067,574
67$12,940,205$0$0$8,796,069
68$14,112,927$0$0$9,595,896
69$15,400,631$0$0$10,474,239
70$16,814,899$0$0$11,439,008
71$18,368,490$0$0$12,498,921
72$20,075,458$0$0$13,663,578
73$21,951,289$0$0$14,943,558
74$24,013,040$0$0$16,350,515
75$26,279,507$0$0$17,897,286
76$28,771,392$0$0$19,598,017
77$31,511,508$0$0$21,468,292
78$34,524,987$0$0$23,525,280
79$37,839,519$0$0$25,787,898
80$41,485,612$0$0$28,276,990
81$45,496,881$0$0$31,015,518
82$49,910,360$0$0$34,028,786
83$54,766,858$0$0$37,344,672
84$60,111,335$0$0$40,993,895
85$65,993,335$0$0$45,010,300
86$72,467,444$0$0$49,431,182
87$79,593,810$0$0$54,297,634
88$87,438,708$0$0$59,654,935
89$96,075,165$0$0$65,552,977
90$105,583,648$0$0$72,046,736
91$116,052,824$0$0$79,196,791
92$127,580,395$0$0$87,069,892
93$140,274,019$0$0$95,739,592
94$154,252,326$0$0$105,286,942
95$169,646,037$0$0$115,801,251
96$186,599,195$0$0$127,380,935
97$205,270,527$0$0$140,134,436
98$225,834,939$0$0$154,181,255
99$248,485,166$0$0$169,653,072
100$273,433,590$0$0$186,694,992