Can I retire at age 30 with 859,000?

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 $859,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$70,935$70,304$69,687$69,085$68,498$66,199
2 years$35,117$34,463$33,829$33,214$32,618$30,325
3 years$23,178$22,522$21,889$21,281$20,694$18,479
4 years$17,211$16,556$15,930$15,331$14,759$12,638
5 years$13,631$12,980$12,362$11,776$11,220$9,199
6 years$11,245$10,599$9,991$9,417$8,878$6,958
7 years$9,542$8,901$8,302$7,743$7,220$5,402
8 years$8,265$7,630$7,041$6,495$5,990$4,272
9 years$7,272$6,643$6,064$5,532$5,044$3,424
10 years$6,478$5,856$5,287$4,769$4,298$2,773
11 years$5,829$5,213$4,655$4,150$3,696$2,264
12 years$5,289$4,679$4,131$3,640$3,203$1,860
13 years$4,832$4,228$3,691$3,214$2,793$1,536
14 years$4,441$3,843$3,316$2,853$2,449$1,273
15 years$4,102$3,511$2,994$2,544$2,156$1,059
16 years$3,806$3,221$2,714$2,278$1,905$883
17 years$3,545$2,967$2,470$2,047$1,689$738
18 years$3,313$2,741$2,255$1,845$1,502$618
19 years$3,106$2,541$2,064$1,667$1,339$519
20 years$2,919$2,361$1,894$1,510$1,196$435
21 years$2,751$2,199$1,742$1,370$1,070$366
22 years$2,598$2,053$1,606$1,246$959$308
23 years$2,459$1,920$1,483$1,135$861$259
24 years$2,332$1,799$1,371$1,035$774$218
25 years$2,215$1,688$1,270$945$696$184
26 years$2,107$1,587$1,178$864$627$155
27 years$2,007$1,493$1,094$791$566$131
28 years$1,915$1,407$1,017$725$510$111
29 years$1,829$1,327$946$665$461$93
30 years$1,749$1,254$881$610$416$79
31 years$1,674$1,185$822$560$376$67
32 years$1,604$1,121$767$515$341$56
33 years$1,538$1,062$716$473$308$47
34 years$1,477$1,006$669$436$279$40
35 years$1,419$955$625$401$253$34
36 years$1,364$906$585$369$229$29
37 years$1,313$860$548$340$208$24
38 years$1,264$818$513$314$188$20
39 years$1,218$778$480$289$171$17
40 years$1,174$740$450$267$155$15
41 years$1,133$704$422$246$140$12
42 years$1,094$671$396$227$127$10
43 years$1,056$639$372$210$116$9
44 years$1,021$609$349$194$105$7
45 years$987$581$328$179$95$6
46 years$954$554$308$165$87$5
47 years$923$529$289$153$79$4
48 years$894$505$272$141$71$4
49 years$866$482$255$130$65$3
50 years$839$461$240$120$59$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $859,000, adding $4,156 every year, while hoping to spend $26,201 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: 54/37/9 Blend
29$859,000$859,000$859,000$859,000
30$950,905$905,378$892,063$999,917
31$1,020,020$921,864$894,070$1,050,083
32$1,095,306$938,279$895,265$1,101,434
33$1,177,365$954,593$895,595$1,156,698
34$1,266,861$970,772$895,002$1,216,250
35$1,364,521$986,781$893,424$1,280,506
36$1,471,148$1,002,579$890,800$1,349,921
37$1,587,626$1,018,126$887,063$1,424,999
38$1,714,926$1,033,377$882,142$1,506,296
39$1,854,121$1,048,285$875,966$1,594,422
40$2,006,388$1,062,797$868,457$1,690,053
41$2,173,025$1,076,860$859,536$1,793,932
42$2,355,461$1,090,414$849,119$1,906,880
43$2,555,271$1,103,397$837,117$2,029,800
44$2,774,188$1,115,742$823,439$2,163,689
45$3,014,120$1,127,378$807,989$2,309,647
46$3,277,169$1,138,229$790,666$2,468,886
47$3,565,651$1,148,213$771,364$2,642,742
48$3,882,115$1,157,243$749,973$2,832,689
49$4,229,372$1,165,229$726,378$3,040,352
50$4,610,514$1,172,071$700,457$3,267,524
51$5,028,949$1,177,665$672,085$3,516,179
52$5,488,432$1,181,901$641,130$3,788,498
53$5,993,097$1,184,660$607,454$4,086,881
54$6,547,502$1,185,816$570,912$4,413,978
55$7,156,663$1,185,238$531,354$4,772,710
56$7,826,110$1,182,782$488,622$5,166,298
57$8,561,934$1,178,299$442,551$5,598,293
58$9,370,846$1,171,630$392,971$6,072,609
59$10,260,237$1,162,605$339,701$6,593,565
60$11,238,254$1,151,046$282,553$7,165,921
61$12,313,870$1,136,761$221,333$7,794,924
62$13,496,972$1,119,549$155,835$8,486,362
63$14,798,454$1,099,198$85,846$9,246,614
64$16,230,318$1,075,480$11,144$10,082,714
65$17,805,788$1,048,157$0$11,002,417
66$19,539,436$1,016,974$0$12,020,860
67$21,447,316$981,662$0$13,142,452
68$23,547,117$941,939$0$14,376,538
69$25,858,331$897,502$0$15,734,602
70$28,402,436$848,035$0$17,229,300
71$31,203,096$793,200$0$18,874,585
72$34,286,387$732,642$0$20,685,834
73$37,681,042$665,985$0$22,680,001
74$41,418,721$592,831$0$24,875,771
75$45,534,311$512,760$0$27,293,743
76$50,066,253$425,328$0$29,956,619
77$55,056,909$330,067$0$32,889,425
78$60,552,954$226,481$0$36,119,745
79$66,605,823$114,046$0$39,677,984
80$73,272,194$0$0$43,597,655
81$80,614,521$0$0$47,918,867
82$88,701,624$0$0$52,729,665
83$97,609,342$0$0$58,028,740
84$107,421,242$0$0$63,865,821
85$118,229,411$0$0$70,295,707
86$130,135,327$0$0$77,378,781
87$143,250,811$0$0$85,181,586
88$157,699,088$0$0$93,777,447
89$173,615,944$0$0$103,247,167
90$191,151,014$0$0$113,679,788
91$210,469,188$0$0$125,173,430
92$231,752,169$0$0$137,836,221
93$255,200,191$0$0$151,787,312
94$281,033,905$0$0$167,158,006
95$309,496,460$0$0$184,092,994
96$340,855,806$0$0$202,751,725
97$375,407,211$0$0$223,309,906
98$413,476,060$0$0$245,961,163
99$455,420,916$0$0$270,918,868
100$501,636,912$0$0$298,418,153