Can I retire at age 30 with 863,000?

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 $863,000?

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$71,266$70,631$70,012$69,407$68,817$66,508
2 years$35,280$34,623$33,986$33,369$32,770$30,466
3 years$23,286$22,627$21,991$21,380$20,791$18,565
4 years$17,291$16,633$16,004$15,403$14,828$12,697
5 years$13,694$13,040$12,420$11,831$11,272$9,241
6 years$11,297$10,648$10,037$9,461$8,919$6,991
7 years$9,586$8,943$8,341$7,779$7,254$5,427
8 years$8,303$7,665$7,074$6,525$6,018$4,292
9 years$7,306$6,674$6,093$5,558$5,068$3,440
10 years$6,508$5,883$5,312$4,791$4,318$2,786
11 years$5,856$5,237$4,676$4,170$3,714$2,275
12 years$5,314$4,701$4,150$3,657$3,218$1,869
13 years$4,855$4,248$3,708$3,229$2,806$1,543
14 years$4,461$3,861$3,331$2,866$2,460$1,279
15 years$4,121$3,527$3,008$2,556$2,166$1,064
16 years$3,823$3,236$2,727$2,289$1,914$887
17 years$3,561$2,981$2,482$2,056$1,697$742
18 years$3,328$2,754$2,265$1,853$1,509$621
19 years$3,120$2,553$2,074$1,675$1,345$521
20 years$2,933$2,372$1,903$1,517$1,202$437
21 years$2,764$2,209$1,751$1,376$1,075$368
22 years$2,611$2,062$1,613$1,252$964$309
23 years$2,471$1,929$1,490$1,140$865$261
24 years$2,343$1,807$1,378$1,040$778$220
25 years$2,225$1,696$1,276$949$700$185
26 years$2,117$1,594$1,184$868$630$156
27 years$2,016$1,500$1,099$795$568$132
28 years$1,923$1,414$1,022$728$513$111
29 years$1,837$1,334$951$668$463$94
30 years$1,757$1,259$886$613$418$79
31 years$1,682$1,191$826$563$378$67
32 years$1,611$1,126$770$517$342$56
33 years$1,546$1,067$719$476$310$48
34 years$1,484$1,011$672$438$280$40
35 years$1,425$959$628$403$254$34
36 years$1,371$910$588$371$230$29
37 years$1,319$864$550$342$209$24
38 years$1,270$822$515$315$189$21
39 years$1,224$781$483$290$171$17
40 years$1,180$743$452$268$155$15
41 years$1,138$708$424$247$141$12
42 years$1,099$674$398$228$128$10
43 years$1,061$642$373$211$116$9
44 years$1,025$612$350$194$105$7
45 years$991$584$329$180$96$6
46 years$959$557$309$166$87$5
47 years$928$531$290$153$79$5
48 years$898$507$273$142$72$4
49 years$870$484$256$131$65$3
50 years$843$463$241$121$59$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $863,000, adding $3,602 every year, while hoping to spend $33,694 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: 51/24/25 Blend
29$863,000$863,000$863,000$863,000
30$954,741$909,002$895,626$996,574
31$1,016,275$917,693$889,779$1,034,689
32$1,082,956$925,681$882,607$1,072,404
33$1,155,273$932,895$874,031$1,112,732
34$1,233,765$939,261$863,965$1,155,935
35$1,319,023$944,700$852,322$1,202,302
36$1,411,700$949,126$839,011$1,252,156
37$1,512,511$952,451$823,936$1,305,851
38$1,622,245$954,579$806,995$1,363,780
39$1,741,768$955,407$788,084$1,426,378
40$1,872,035$954,829$767,092$1,494,126
41$2,014,097$952,730$743,903$1,567,556
42$2,169,109$948,988$718,398$1,647,255
43$2,338,344$943,474$690,450$1,733,874
44$2,523,203$936,052$659,928$1,828,131
45$2,725,227$926,576$626,693$1,930,822
46$2,946,114$914,892$590,601$2,042,824
47$3,187,733$900,837$551,502$2,165,108
48$3,452,143$884,239$509,238$2,298,747
49$3,741,609$864,915$463,645$2,444,925
50$4,058,628$842,670$414,552$2,604,953
51$4,405,946$817,299$361,778$2,780,277
52$4,786,591$788,585$305,136$2,972,495
53$5,203,896$756,298$244,430$3,183,372
54$5,661,532$720,195$179,457$3,414,857
55$6,163,542$680,019$110,003$3,669,102
56$6,714,380$635,496$35,844$3,948,486
57$7,318,951$586,340$0$4,255,633
58$7,982,659$532,246$0$4,604,989
59$8,711,456$472,892$0$4,999,159
60$9,511,900$407,939$0$5,432,170
61$10,391,213$337,027$0$5,907,992
62$11,357,353$259,777$0$6,431,000
63$12,419,085$175,788$0$7,006,020
64$13,586,067$84,638$0$7,638,372
65$14,868,939$0$0$8,333,922
66$16,279,422$0$0$9,102,870
67$17,830,431$0$0$9,973,103
68$19,536,193$0$0$10,930,265
69$21,412,386$0$0$11,983,165
70$23,476,281$0$0$13,141,508
71$25,746,908$0$0$14,415,988
72$28,245,234$0$0$15,818,387
73$30,994,362$0$0$17,361,688
74$34,019,746$0$0$19,060,195
75$37,349,434$0$0$20,929,669
76$41,014,331$0$0$22,987,478
77$45,048,487$0$0$25,252,758
78$49,489,424$0$0$27,746,593
79$54,378,485$0$0$30,492,219
80$59,761,227$0$0$33,515,236
81$65,687,847$0$0$36,843,854
82$72,213,657$0$0$40,509,158
83$79,399,608$0$0$44,545,400
84$87,312,861$0$0$48,990,326
85$96,027,422$0$0$53,885,524
86$105,624,841$0$0$59,276,826
87$116,194,980$0$0$65,214,732
88$127,836,859$0$0$71,754,892
89$140,659,594$0$0$78,958,628
90$154,783,425$0$0$86,893,515
91$170,340,849$0$0$95,634,015
92$187,477,869$0$0$105,262,184
93$206,355,376$0$0$115,868,440
94$227,150,664$0$0$127,552,424
95$250,059,103$0$0$140,423,935
96$275,295,983$0$0$154,603,967
97$303,098,547$0$0$170,225,851
98$333,728,228$0$0$187,436,514
99$367,473,115$0$0$206,397,864
100$404,650,675$0$0$227,288,321