Can I retire at age 30 with 869,000?

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 $869,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$71,761$71,122$70,498$69,890$69,295$67,320
2 years$35,525$34,864$34,223$33,601$32,998$31,023
3 years$23,448$22,784$22,144$21,528$20,935$19,023
4 years$17,411$16,749$16,115$15,510$14,931$13,096
5 years$13,790$13,131$12,506$11,913$11,350$9,597
6 years$11,376$10,722$10,107$9,527$8,981$7,312
7 years$9,653$9,005$8,399$7,833$7,304$5,719
8 years$8,361$7,719$7,123$6,571$6,059$4,557
9 years$7,357$6,721$6,135$5,597$5,103$3,682
10 years$6,554$5,924$5,349$4,824$4,348$3,006
11 years$5,897$5,274$4,709$4,199$3,739$2,475
12 years$5,350$4,733$4,179$3,683$3,240$2,051
13 years$4,888$4,278$3,734$3,251$2,826$1,708
14 years$4,492$3,888$3,355$2,886$2,477$1,429
15 years$4,150$3,552$3,029$2,574$2,181$1,200
16 years$3,850$3,259$2,746$2,305$1,928$1,010
17 years$3,586$3,001$2,499$2,071$1,709$852
18 years$3,351$2,773$2,281$1,866$1,520$721
19 years$3,142$2,570$2,088$1,686$1,355$610
20 years$2,953$2,388$1,916$1,527$1,210$518
21 years$2,783$2,225$1,763$1,386$1,083$440
22 years$2,629$2,077$1,625$1,260$970$374
23 years$2,488$1,942$1,500$1,148$871$318
24 years$2,359$1,820$1,387$1,047$783$271
25 years$2,240$1,708$1,285$956$705$230
26 years$2,131$1,605$1,192$874$635$196
27 years$2,030$1,511$1,107$800$572$167
28 years$1,937$1,423$1,029$733$516$143
29 years$1,850$1,343$957$672$466$122
30 years$1,769$1,268$892$617$421$104
31 years$1,693$1,199$831$567$381$89
32 years$1,623$1,134$776$521$345$76
33 years$1,556$1,074$724$479$312$65
34 years$1,494$1,018$677$441$282$55
35 years$1,435$966$633$406$256$47
36 years$1,380$917$592$374$232$40
37 years$1,328$871$554$344$210$34
38 years$1,279$827$519$317$190$29
39 years$1,232$787$486$292$173$25
40 years$1,188$748$456$270$157$21
41 years$1,146$712$427$249$142$18
42 years$1,106$679$401$230$129$16
43 years$1,069$646$376$212$117$13
44 years$1,032$616$353$196$106$11
45 years$998$588$331$181$96$10
46 years$965$561$311$167$88$8
47 years$934$535$292$154$79$7
48 years$904$511$275$143$72$6
49 years$876$488$258$132$66$5
50 years$848$466$243$122$60$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $869,000, adding $3,203 every year, while hoping to spend $32,826 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: 67/5/28 Blend
29$869,000$869,000$869,000$869,000
30$960,942$914,885$901,415$1,018,074
31$1,024,031$924,788$896,686$1,066,872
32$1,092,456$934,075$890,698$1,116,235
33$1,166,725$942,683$883,375$1,169,494
34$1,247,398$950,543$874,636$1,227,035
35$1,335,093$957,580$864,397$1,289,287
36$1,430,488$963,716$852,569$1,356,719
37$1,534,327$968,868$839,060$1,429,852
38$1,647,434$972,947$823,773$1,509,260
39$1,770,710$975,860$806,607$1,595,574
40$1,905,150$977,505$787,457$1,689,494
41$2,051,849$977,776$766,210$1,791,790
42$2,212,011$976,560$742,751$1,903,312
43$2,386,961$973,737$716,959$2,024,998
44$2,578,161$969,180$688,707$2,157,881
45$2,787,216$962,753$657,862$2,303,104
46$3,015,897$954,312$624,285$2,461,925
47$3,266,151$943,707$587,831$2,635,733
48$3,540,125$930,774$548,349$2,826,060
49$3,840,179$915,343$505,680$3,034,595
50$4,168,916$897,234$459,659$3,263,201
51$4,529,201$876,254$410,114$3,513,935
52$4,924,190$852,201$356,863$3,789,064
53$5,357,357$824,858$299,717$4,091,087
54$5,832,530$794,000$238,481$4,422,762
55$6,353,926$759,383$172,948$4,787,130
56$6,926,189$720,755$102,903$5,187,544
57$7,554,433$677,845$28,124$5,627,703
58$8,244,294$630,369$0$6,111,685
59$9,001,979$578,024$0$6,659,426
60$9,834,326$520,492$0$7,270,415
61$10,748,869$457,437$0$7,941,785
62$11,753,904$388,503$0$8,679,644
63$12,858,576$313,313$0$9,490,722
64$14,072,957$231,471$0$10,382,434
65$15,408,143$142,557$0$11,362,951
66$16,876,359$46,128$0$12,441,275
67$18,491,076$0$0$13,627,327
68$20,267,134$0$0$14,935,245
69$22,220,884$0$0$16,376,870
70$24,370,341$0$0$17,962,964
71$26,735,355$0$0$19,708,184
72$29,337,797$0$0$21,628,675
73$32,201,764$0$0$23,742,230
74$35,353,808$0$0$26,068,451
75$38,823,185$0$0$28,628,939
76$42,642,133$0$0$31,447,494
77$46,846,171$0$0$34,550,341
78$51,474,440$0$0$37,966,378
79$56,570,065$0$0$41,727,445
80$62,180,569$0$0$45,868,629
81$68,358,316$0$0$50,428,591
82$75,161,006$0$0$55,449,932
83$82,652,219$0$0$60,979,594
84$90,902,017$0$0$67,069,306
85$99,987,602$0$0$73,776,067
86$109,994,044$0$0$81,162,687
87$121,015,086$0$0$89,298,378
88$133,154,026$0$0$98,259,409
89$146,524,694$0$0$108,129,821
90$161,252,521$0$0$119,002,225
91$177,475,730$0$0$130,978,675
92$195,346,632$0$0$144,171,626
93$215,033,071$0$0$158,705,002
94$236,720,000$0$0$174,715,360
95$260,611,233$0$0$192,353,182
96$286,931,364$0$0$211,784,293
97$315,927,889$0$0$233,191,426
98$347,873,540$0$0$256,775,948
99$383,068,859$0$0$282,759,760
100$421,845,035$0$0$311,387,390