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%12.6%
1 years$71,679$71,040$70,417$69,809$69,216$68,464
2 years$35,484$34,824$34,183$33,562$32,960$32,203
3 years$23,421$22,758$22,119$21,504$20,911$20,173
4 years$17,391$16,729$16,097$15,492$14,914$14,200
5 years$13,774$13,116$12,492$11,899$11,337$10,649
6 years$11,363$10,710$10,095$9,516$8,971$8,310
7 years$9,642$8,994$8,389$7,824$7,296$6,662
8 years$8,351$7,710$7,115$6,563$6,052$5,446
9 years$7,348$6,713$6,128$5,590$5,097$4,517
10 years$6,546$5,917$5,342$4,819$4,343$3,790
11 years$5,890$5,268$4,703$4,194$3,735$3,208
12 years$5,344$4,728$4,174$3,679$3,237$2,735
13 years$4,883$4,273$3,729$3,248$2,823$2,346
14 years$4,487$3,884$3,351$2,883$2,474$2,022
15 years$4,145$3,548$3,025$2,571$2,178$1,750
16 years$3,846$3,255$2,743$2,302$1,925$1,519
17 years$3,582$2,998$2,496$2,068$1,707$1,323
18 years$3,348$2,770$2,278$1,864$1,518$1,155
19 years$3,138$2,567$2,086$1,684$1,353$1,011
20 years$2,950$2,386$1,914$1,525$1,208$886
21 years$2,780$2,222$1,761$1,384$1,081$778
22 years$2,626$2,074$1,623$1,259$969$684
23 years$2,485$1,940$1,498$1,146$870$602
24 years$2,356$1,818$1,386$1,046$782$531
25 years$2,238$1,706$1,283$955$704$468
26 years$2,129$1,603$1,190$873$634$413
27 years$2,028$1,509$1,105$799$572$365
28 years$1,935$1,422$1,028$732$516$323
29 years$1,848$1,341$956$671$466$285
30 years$1,767$1,267$891$616$421$252
31 years$1,691$1,197$830$566$380$223
32 years$1,621$1,133$775$520$344$198
33 years$1,554$1,073$723$478$311$175
34 years$1,492$1,017$676$440$282$155
35 years$1,434$965$632$405$255$138
36 years$1,379$915$591$373$231$122
37 years$1,327$870$553$344$210$108
38 years$1,277$826$518$317$190$96
39 years$1,231$786$485$292$172$85
40 years$1,187$748$455$269$156$76
41 years$1,145$712$427$249$142$67
42 years$1,105$678$400$229$129$59
43 years$1,067$646$376$212$117$53
44 years$1,031$616$353$196$106$47
45 years$997$587$331$181$96$42
46 years$964$560$311$167$87$37
47 years$933$534$292$154$79$33
48 years$903$510$274$142$72$29
49 years$875$487$258$132$65$26
50 years$847$465$243$122$59$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $868,000, adding $4,323 every year, while hoping to spend $38,938 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: 68/18/14 Blend
29$868,000$868,000$868,000$868,000
30$960,995$914,991$901,537$1,022,974
31$1,017,587$918,396$890,309$1,068,203
32$1,078,646$920,663$877,400$1,112,626
33$1,144,587$921,694$862,711$1,160,221
34$1,215,865$921,388$846,143$1,211,294
35$1,292,982$919,634$827,587$1,266,185
36$1,376,487$916,317$806,932$1,325,267
37$1,466,986$911,313$784,061$1,388,956
38$1,565,143$904,493$758,852$1,457,706
39$1,671,691$895,716$731,177$1,532,022
40$1,787,435$884,837$700,902$1,612,459
41$1,913,259$871,700$667,888$1,699,632
42$2,050,137$856,140$631,989$1,794,219
43$2,199,142$837,981$593,051$1,896,966
44$2,361,451$817,039$550,915$2,008,701
45$2,538,363$793,118$505,415$2,130,333
46$2,731,306$766,010$456,376$2,262,869
47$2,941,850$735,496$403,616$2,407,420
48$3,171,727$701,343$346,944$2,565,209
49$3,422,839$663,306$286,164$2,737,589
50$3,697,285$621,124$221,066$2,926,053
51$3,997,372$574,522$151,436$3,132,247
52$4,325,640$523,210$77,045$3,357,987
53$4,684,889$466,881$0$3,605,279
54$5,078,200$405,210$0$3,876,685
55$5,508,965$337,854$0$4,186,600
56$5,980,921$264,450$0$4,526,235
57$6,498,182$184,616$0$4,898,601
58$7,065,281$97,947$0$5,307,017
59$7,687,210$4,016$0$5,755,142
60$8,369,465$0$0$6,247,012
61$9,118,102$0$0$6,806,412
62$9,939,791$0$0$7,421,323
63$10,841,879$0$0$8,096,456
64$11,832,459$0$0$8,837,875
65$12,920,447$0$0$9,652,259
66$14,115,664$0$0$10,546,968
67$15,428,928$0$0$11,530,107
68$16,872,160$0$0$12,610,609
69$18,458,490$0$0$13,798,310
70$20,202,385$0$0$15,104,052
71$22,119,782$0$0$16,539,777
72$24,228,242$0$0$18,118,642
73$26,547,111$0$0$19,855,142
74$29,097,703$0$0$21,765,251
75$31,903,503$0$0$23,866,564
76$34,990,387$0$0$26,178,471
77$38,386,863$0$0$28,722,334
78$42,124,346$0$0$31,521,691
79$46,237,445$0$0$34,602,478
80$50,764,297$0$0$37,993,271
81$55,746,923$0$0$41,725,556
82$61,231,624$0$0$45,834,030
83$67,269,418$0$0$50,356,920
84$73,916,520$0$0$55,336,351
85$81,234,873$0$0$60,818,740
86$89,292,733$0$0$66,855,232
87$98,165,310$0$0$73,502,185
88$107,935,478$0$0$80,821,701
89$118,694,558$0$0$88,882,209
90$130,543,179$0$0$97,759,115
91$143,592,225$0$0$107,535,510
92$157,963,883$0$0$118,302,953
93$173,792,796$0$0$130,162,338
94$191,227,331$0$0$143,224,843
95$210,430,981$0$0$157,612,982
96$231,583,903$0$0$173,461,756
97$254,884,627$0$0$190,919,930
98$280,551,918$0$0$210,151,438
99$308,826,848$0$0$231,336,927
100$339,975,067$0$0$254,675,461