Can I retire at age 30 with 886,000?

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 $886,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$73,165$72,513$71,877$71,257$70,651$69,338
2 years$36,220$35,546$34,892$34,258$33,643$32,325
3 years$23,907$23,230$22,577$21,950$21,345$20,063
4 years$17,752$17,076$16,431$15,813$15,223$13,987
5 years$14,059$13,388$12,751$12,146$11,572$10,386
6 years$11,599$10,932$10,305$9,713$9,157$8,022
7 years$9,842$9,181$8,563$7,986$7,447$6,363
8 years$8,524$7,870$7,262$6,699$6,178$5,145
9 years$7,501$6,852$6,255$5,706$5,203$4,220
10 years$6,682$6,040$5,453$4,919$4,433$3,499
11 years$6,013$5,377$4,801$4,281$3,813$2,927
12 years$5,455$4,826$4,261$3,755$3,304$2,466
13 years$4,984$4,361$3,807$3,315$2,881$2,089
14 years$4,580$3,964$3,420$2,943$2,526$1,777
15 years$4,231$3,621$3,088$2,624$2,224$1,518
16 years$3,925$3,323$2,800$2,350$1,965$1,301
17 years$3,656$3,060$2,548$2,111$1,743$1,118
18 years$3,417$2,828$2,326$1,903$1,549$963
19 years$3,203$2,621$2,129$1,719$1,381$831
20 years$3,011$2,435$1,954$1,557$1,234$718
21 years$2,838$2,268$1,797$1,413$1,104$622
22 years$2,680$2,117$1,656$1,285$989$539
23 years$2,536$1,980$1,529$1,170$888$467
24 years$2,405$1,855$1,414$1,067$798$406
25 years$2,284$1,741$1,310$975$718$353
26 years$2,173$1,636$1,215$891$647$307
27 years$2,070$1,540$1,128$816$583$267
28 years$1,975$1,451$1,049$747$526$232
29 years$1,886$1,369$976$685$475$202
30 years$1,804$1,293$909$629$430$176
31 years$1,726$1,222$848$578$388$153
32 years$1,654$1,156$791$531$351$134
33 years$1,587$1,095$738$488$318$117
34 years$1,523$1,038$690$449$288$102
35 years$1,463$985$645$414$261$89
36 years$1,407$934$603$381$236$77
37 years$1,354$888$565$351$214$68
38 years$1,304$843$529$323$194$59
39 years$1,256$802$496$298$176$51
40 years$1,211$763$464$275$160$45
41 years$1,169$726$435$254$145$39
42 years$1,128$692$409$234$131$34
43 years$1,089$659$383$216$119$30
44 years$1,053$628$360$200$108$26
45 years$1,018$599$338$184$98$23
46 years$984$572$317$170$89$20
47 years$952$545$298$157$81$17
48 years$922$521$280$145$74$15
49 years$893$497$263$134$67$13
50 years$865$475$248$124$61$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $886,000, adding $5,072 every year, while hoping to spend $20,804 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: 57/24/19 Blend
29$886,000$886,000$886,000$886,000
30$981,604$934,646$920,913$1,032,327
31$1,059,592$958,308$929,628$1,091,070
32$1,144,838$982,433$937,938$1,152,375
33$1,238,060$1,007,020$945,807$1,218,722
34$1,340,048$1,032,070$953,198$1,290,599
35$1,451,674$1,057,583$960,071$1,368,547
36$1,573,896$1,083,556$966,385$1,453,159
37$1,707,771$1,109,988$972,097$1,545,089
38$1,854,462$1,136,875$977,160$1,645,059
39$2,015,248$1,164,213$981,526$1,753,861
40$2,191,541$1,191,997$985,145$1,872,372
41$2,384,894$1,220,221$987,963$2,001,554
42$2,597,019$1,248,877$989,925$2,142,470
43$2,829,799$1,277,957$990,972$2,296,290
44$3,085,311$1,307,449$991,042$2,464,303
45$3,365,842$1,337,343$990,071$2,647,931
46$3,673,911$1,367,626$987,991$2,848,739
47$4,012,292$1,398,282$984,732$3,068,453
48$4,384,044$1,429,296$980,218$3,308,973
49$4,792,532$1,460,647$974,371$3,572,396
50$5,241,468$1,492,316$967,110$3,861,031
51$5,734,938$1,524,280$958,348$4,177,422
52$6,277,446$1,556,514$947,997$4,524,374
53$6,873,952$1,588,990$935,962$4,904,978
54$7,529,922$1,621,677$922,143$5,322,640
55$8,251,378$1,654,544$906,439$5,781,115
56$9,044,955$1,687,553$888,742$6,284,540
57$9,917,963$1,720,665$868,937$6,837,474
58$10,878,456$1,753,839$846,907$7,444,943
59$11,935,308$1,787,027$822,528$8,112,485
60$13,098,298$1,820,179$795,671$8,846,205
61$14,378,198$1,853,242$766,200$9,652,829
62$15,786,881$1,886,157$733,974$10,539,772
63$17,337,425$1,918,862$698,845$11,515,206
64$19,044,244$1,951,287$660,658$12,588,136
65$20,923,218$1,983,362$619,251$13,768,487
66$22,991,846$2,015,006$574,456$15,067,198
67$25,269,410$2,046,136$526,095$16,496,325
68$27,777,155$2,076,663$473,985$18,069,155
69$30,538,494$2,106,488$417,932$19,800,332
70$33,579,224$2,135,509$357,736$21,705,995
71$36,927,771$2,163,615$293,187$23,803,930
72$40,615,458$2,190,687$224,063$26,113,740
73$44,676,804$2,216,600$150,138$28,657,031
74$49,149,841$2,241,216$71,171$31,457,611
75$54,076,482$2,264,393$0$34,541,723
76$59,502,911$2,285,977$0$37,940,943
77$65,480,021$2,305,802$0$41,700,058
78$72,063,892$2,323,696$0$45,839,807
79$79,316,323$2,339,470$0$50,398,960
80$87,305,412$2,352,928$0$55,420,243
81$96,106,201$2,363,859$0$60,950,740
82$105,801,383$2,372,037$0$67,042,336
83$116,482,082$2,377,226$0$73,752,210
84$128,248,715$2,379,171$0$81,143,372
85$141,211,937$2,377,603$0$89,285,262
86$155,493,686$2,372,236$0$98,254,401
87$171,228,334$2,362,768$0$108,135,119
88$188,563,956$2,348,876$0$119,020,343
89$207,663,728$2,330,219$0$131,012,486
90$228,707,463$2,306,434$0$144,224,404
91$251,893,313$2,277,138$0$158,780,466
92$277,439,636$2,241,924$0$174,817,730
93$305,587,061$2,200,360$0$192,487,234
94$336,600,754$2,151,990$0$211,955,424
95$370,772,923$2,096,330$0$233,405,727
96$408,425,578$2,032,867$0$257,040,279
97$449,913,570$1,961,060$0$283,081,839
98$495,627,937$1,880,335$0$311,775,890
99$545,999,600$1,790,085$0$343,392,956
100$601,503,428$1,689,668$0$378,231,159