Can I retire at age 30 with 869,000?

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 $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%11.5%
1 years$71,761$71,122$70,498$69,890$69,295$68,859
2 years$35,525$34,864$34,223$33,601$32,998$32,557
3 years$23,448$22,784$22,144$21,528$20,935$20,504
4 years$17,411$16,749$16,115$15,510$14,931$14,514
5 years$13,790$13,131$12,506$11,913$11,350$10,947
6 years$11,376$10,722$10,107$9,527$8,981$8,593
7 years$9,653$9,005$8,399$7,833$7,304$6,931
8 years$8,361$7,719$7,123$6,571$6,059$5,701
9 years$7,357$6,721$6,135$5,597$5,103$4,760
10 years$6,554$5,924$5,349$4,824$4,348$4,020
11 years$5,897$5,274$4,709$4,199$3,739$3,426
12 years$5,350$4,733$4,179$3,683$3,240$2,941
13 years$4,888$4,278$3,734$3,251$2,826$2,541
14 years$4,492$3,888$3,355$2,886$2,477$2,206
15 years$4,150$3,552$3,029$2,574$2,181$1,923
16 years$3,850$3,259$2,746$2,305$1,928$1,682
17 years$3,586$3,001$2,499$2,071$1,709$1,477
18 years$3,351$2,773$2,281$1,866$1,520$1,299
19 years$3,142$2,570$2,088$1,686$1,355$1,146
20 years$2,953$2,388$1,916$1,527$1,210$1,013
21 years$2,783$2,225$1,763$1,386$1,083$896
22 years$2,629$2,077$1,625$1,260$970$795
23 years$2,488$1,942$1,500$1,148$871$705
24 years$2,359$1,820$1,387$1,047$783$627
25 years$2,240$1,708$1,285$956$705$558
26 years$2,131$1,605$1,192$874$635$497
27 years$2,030$1,511$1,107$800$572$442
28 years$1,937$1,423$1,029$733$516$395
29 years$1,850$1,343$957$672$466$352
30 years$1,769$1,268$892$617$421$314
31 years$1,693$1,199$831$567$381$281
32 years$1,623$1,134$776$521$345$251
33 years$1,556$1,074$724$479$312$224
34 years$1,494$1,018$677$441$282$201
35 years$1,435$966$633$406$256$179
36 years$1,380$917$592$374$232$160
37 years$1,328$871$554$344$210$144
38 years$1,279$827$519$317$190$129
39 years$1,232$787$486$292$173$115
40 years$1,188$748$456$270$157$103
41 years$1,146$712$427$249$142$92
42 years$1,106$679$401$230$129$83
43 years$1,069$646$376$212$117$74
44 years$1,032$616$353$196$106$66
45 years$998$588$331$181$96$60
46 years$965$561$311$167$88$53
47 years$934$535$292$154$79$48
48 years$904$511$275$143$72$43
49 years$876$488$258$132$66$38
50 years$848$466$243$122$60$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $869,000, adding $2,804 every year, while hoping to spend $27,638 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: 60/21/19 Blend
29$869,000$869,000$869,000$869,000
30$960,530$914,473$901,004$1,013,252
31$1,029,098$929,876$901,781$1,064,649
32$1,103,733$945,107$901,658$1,117,401
33$1,185,025$960,129$900,575$1,174,323
34$1,273,624$974,901$898,470$1,235,822
35$1,370,243$989,381$895,278$1,302,348
36$1,475,668$1,003,521$890,931$1,374,399
37$1,590,765$1,017,272$885,356$1,452,520
38$1,716,487$1,030,582$878,478$1,537,315
39$1,853,881$1,043,393$870,220$1,629,450
40$2,004,102$1,055,644$860,497$1,729,658
41$2,168,421$1,067,272$849,225$1,838,749
42$2,348,237$1,078,205$836,311$1,957,615
43$2,545,092$1,088,372$821,662$2,087,240
44$2,760,682$1,097,693$805,179$2,228,709
45$2,996,876$1,106,084$786,756$2,383,219
46$3,255,732$1,113,457$766,287$2,552,091
47$3,539,516$1,119,716$743,657$2,736,779
48$3,850,724$1,124,760$718,748$2,938,888
49$4,192,107$1,128,481$691,434$3,160,189
50$4,566,691$1,130,766$661,587$3,402,632
51$4,977,814$1,131,494$629,070$3,668,372
52$5,429,148$1,130,535$593,741$3,959,779
53$5,924,742$1,127,751$555,452$4,279,473
54$6,469,054$1,122,999$514,048$4,630,337
55$7,066,995$1,116,124$469,366$5,015,554
56$7,723,976$1,106,962$421,238$5,438,633
57$8,445,958$1,095,340$369,486$5,903,442
58$9,239,507$1,081,073$313,925$6,414,245
59$10,111,859$1,063,967$254,363$6,975,746
60$11,070,983$1,043,816$190,599$7,593,131
61$12,125,660$1,020,400$122,421$8,272,115
62$13,285,566$993,488$49,611$9,019,001
63$14,561,360$962,835$0$9,840,740
64$15,964,785$928,180$0$10,750,687
65$17,508,782$889,250$0$11,762,696
66$19,207,608$845,754$0$12,876,063
67$21,076,971$797,383$0$14,101,105
68$23,134,181$743,813$0$15,449,196
69$25,398,307$684,700$0$16,932,868
70$27,890,364$619,680$0$18,565,937
71$30,633,506$548,369$0$20,363,625
72$33,653,246$470,362$0$22,342,713
73$36,977,696$385,228$0$24,521,694
74$40,637,832$292,515$0$26,920,948
75$44,667,786$191,744$0$29,562,939
76$49,105,170$82,409$0$32,472,422
77$53,991,428$0$0$35,676,683
78$59,372,226$0$0$39,214,116
79$65,297,886$0$0$43,130,814
80$71,823,858$0$0$47,444,396
81$79,011,246$0$0$52,195,262
82$86,927,380$0$0$57,427,931
83$95,646,454$0$0$63,191,457
84$105,250,228$0$0$69,539,897
85$115,828,793$0$0$76,532,821
86$127,481,428$0$0$84,235,867
87$140,317,531$0$0$92,721,371
88$154,457,657$0$0$102,069,040
89$170,034,649$0$0$112,366,709
90$187,194,896$0$0$123,711,168
91$206,099,716$0$0$136,209,079
92$226,926,872$0$0$149,977,977
93$249,872,255$0$0$165,147,383
94$275,151,730$0$0$181,860,025
95$303,003,176$0$0$200,273,187
96$333,688,728$0$0$220,560,189
97$367,497,251$0$0$242,912,028
98$404,747,070$0$0$267,539,179
99$445,788,972$0$0$294,673,577
100$491,009,515$0$0$324,570,814