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%14.2%
1 years$71,761$71,122$70,498$69,890$69,295$68,091
2 years$35,525$34,864$34,223$33,601$32,998$31,789
3 years$23,448$22,784$22,144$21,528$20,935$19,759
4 years$17,411$16,749$16,115$15,510$14,931$13,796
5 years$13,790$13,131$12,506$11,913$11,350$10,260
6 years$11,376$10,722$10,107$9,527$8,981$7,937
7 years$9,653$9,005$8,399$7,833$7,304$6,307
8 years$8,361$7,719$7,123$6,571$6,059$5,108
9 years$7,357$6,721$6,135$5,597$5,103$4,197
10 years$6,554$5,924$5,349$4,824$4,348$3,487
11 years$5,897$5,274$4,709$4,199$3,739$2,922
12 years$5,350$4,733$4,179$3,683$3,240$2,466
13 years$4,888$4,278$3,734$3,251$2,826$2,093
14 years$4,492$3,888$3,355$2,886$2,477$1,785
15 years$4,150$3,552$3,029$2,574$2,181$1,528
16 years$3,850$3,259$2,746$2,305$1,928$1,312
17 years$3,586$3,001$2,499$2,071$1,709$1,130
18 years$3,351$2,773$2,281$1,866$1,520$975
19 years$3,142$2,570$2,088$1,686$1,355$843
20 years$2,953$2,388$1,916$1,527$1,210$731
21 years$2,783$2,225$1,763$1,386$1,083$634
22 years$2,629$2,077$1,625$1,260$970$551
23 years$2,488$1,942$1,500$1,148$871$479
24 years$2,359$1,820$1,387$1,047$783$417
25 years$2,240$1,708$1,285$956$705$363
26 years$2,131$1,605$1,192$874$635$316
27 years$2,030$1,511$1,107$800$572$276
28 years$1,937$1,423$1,029$733$516$241
29 years$1,850$1,343$957$672$466$210
30 years$1,769$1,268$892$617$421$183
31 years$1,693$1,199$831$567$381$160
32 years$1,623$1,134$776$521$345$140
33 years$1,556$1,074$724$479$312$122
34 years$1,494$1,018$677$441$282$107
35 years$1,435$966$633$406$256$94
36 years$1,380$917$592$374$232$82
37 years$1,328$871$554$344$210$72
38 years$1,279$827$519$317$190$63
39 years$1,232$787$486$292$173$55
40 years$1,188$748$456$270$157$48
41 years$1,146$712$427$249$142$42
42 years$1,106$679$401$230$129$37
43 years$1,069$646$376$212$117$32
44 years$1,032$616$353$196$106$28
45 years$998$588$331$181$96$25
46 years$965$561$311$167$88$22
47 years$934$535$292$154$79$19
48 years$904$511$275$143$72$17
49 years$876$488$258$132$66$14
50 years$848$466$243$122$60$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $869,000, adding $4,527 every year, while hoping to spend $28,888 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: 63/25/12 Blend
29$869,000$869,000$869,000$869,000
30$962,308$916,251$902,781$1,019,965
31$1,029,726$930,410$902,288$1,073,275
32$1,103,054$944,296$900,809$1,127,719
33$1,182,862$957,863$898,283$1,186,452
34$1,269,780$971,064$894,642$1,249,889
35$1,364,501$983,850$889,816$1,318,490
36$1,467,788$996,166$883,733$1,392,762
37$1,580,479$1,007,955$876,315$1,473,262
38$1,703,499$1,019,156$867,482$1,560,605
39$1,837,864$1,029,703$857,150$1,655,471
40$1,984,693$1,039,525$845,232$1,758,606
41$2,145,218$1,048,549$831,634$1,870,836
42$2,320,797$1,056,694$816,261$1,993,069
43$2,512,924$1,063,877$799,011$2,126,309
44$2,723,242$1,070,008$779,778$2,271,660
45$2,953,564$1,074,989$758,451$2,430,341
46$3,205,884$1,078,720$734,916$2,603,697
47$3,482,399$1,081,092$709,051$2,793,209
48$3,785,528$1,081,990$680,728$3,000,511
49$4,117,937$1,081,292$649,817$3,227,404
50$4,482,558$1,078,868$616,178$3,475,874
51$4,882,626$1,074,579$579,667$3,748,113
52$5,321,700$1,068,280$540,132$4,046,535
53$5,803,703$1,059,815$497,416$4,373,802
54$6,332,955$1,049,020$451,353$4,732,851
55$6,914,214$1,035,720$401,772$5,126,918
56$7,552,724$1,019,730$348,491$5,559,573
57$8,254,259$1,000,854$291,323$6,034,750
58$9,025,183$978,885$230,071$6,556,788
59$9,872,504$953,603$164,531$7,130,471
60$10,803,944$924,774$94,488$7,761,071
61$11,828,011$892,153$19,718$8,454,404
62$12,954,078$855,479$0$9,216,879
63$14,192,472$814,475$0$10,063,255
64$15,554,570$768,850$0$10,996,827
65$17,052,907$718,294$0$12,023,687
66$18,701,296$662,483$0$13,153,340
67$20,514,953$601,070$0$14,396,260
68$22,510,647$533,691$0$15,763,991
69$24,706,851$459,960$0$17,269,259
70$27,123,922$379,470$0$18,926,089
71$29,784,288$291,790$0$20,749,940
72$32,712,664$196,467$0$22,757,850
73$35,936,282$93,019$0$24,968,600
74$39,485,147$0$0$27,402,887
75$43,392,322$0$0$30,088,770
76$47,694,238$0$0$33,074,260
77$52,431,042$0$0$36,361,638
78$57,646,967$0$0$39,981,613
79$63,390,757$0$0$43,968,025
80$69,716,123$0$0$48,358,162
81$76,682,251$0$0$53,193,113
82$84,354,359$0$0$58,518,155
83$92,804,314$0$0$64,383,181
84$102,111,307$0$0$70,843,169
85$112,362,604$0$0$77,958,702
86$123,654,364$0$0$85,796,540
87$136,092,554$0$0$94,430,248
88$149,793,941$0$0$103,940,892
89$164,887,198$0$0$114,417,802
90$181,514,116$0$0$125,959,418
91$199,830,946$0$0$138,674,215
92$220,009,867$0$0$152,681,730
93$242,240,617$0$0$168,113,687
94$266,732,281$0$0$185,115,245
95$293,715,263$0$0$203,846,361
96$323,443,462$0$0$224,483,306
97$356,196,669$0$0$247,220,325
98$392,283,205$0$0$272,271,471
99$432,042,834$0$0$299,872,626
100$475,849,967$0$0$330,283,728