Can I retire at age 30 with 864,000?

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 $864,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$71,348$70,713$70,093$69,488$68,897$66,215
2 years$35,321$34,663$34,026$33,407$32,808$30,139
3 years$23,313$22,653$22,017$21,404$20,815$18,242
4 years$17,311$16,652$16,023$15,421$14,845$12,389
5 years$13,710$13,055$12,434$11,845$11,285$8,951
6 years$11,311$10,661$10,049$9,472$8,930$6,719
7 years$9,597$8,953$8,350$7,788$7,262$5,174
8 years$8,313$7,674$7,082$6,533$6,025$4,058
9 years$7,314$6,682$6,100$5,565$5,074$3,225
10 years$6,516$5,890$5,318$4,797$4,323$2,589
11 years$5,863$5,243$4,682$4,175$3,718$2,094
12 years$5,320$4,706$4,155$3,662$3,222$1,705
13 years$4,860$4,253$3,712$3,233$2,810$1,394
14 years$4,467$3,866$3,335$2,870$2,463$1,145
15 years$4,126$3,531$3,011$2,559$2,168$943
16 years$3,828$3,240$2,730$2,291$1,916$778
17 years$3,565$2,984$2,484$2,059$1,699$644
18 years$3,332$2,757$2,268$1,855$1,511$534
19 years$3,124$2,555$2,076$1,677$1,347$443
20 years$2,936$2,375$1,905$1,518$1,203$368
21 years$2,767$2,212$1,753$1,378$1,076$306
22 years$2,614$2,065$1,615$1,253$965$255
23 years$2,474$1,931$1,491$1,141$866$212
24 years$2,345$1,809$1,379$1,041$779$177
25 years$2,228$1,698$1,278$951$701$147
26 years$2,119$1,596$1,185$869$631$123
27 years$2,019$1,502$1,100$795$569$102
28 years$1,926$1,415$1,023$729$513$85
29 years$1,839$1,335$952$668$464$71
30 years$1,759$1,261$887$613$419$60
31 years$1,684$1,192$827$563$379$50
32 years$1,613$1,128$771$518$343$41
33 years$1,547$1,068$720$476$310$35
34 years$1,485$1,012$673$438$281$29
35 years$1,427$960$629$403$254$24
36 years$1,372$911$588$371$230$20
37 years$1,320$865$551$342$209$17
38 years$1,271$823$516$315$189$14
39 years$1,225$782$483$291$172$12
40 years$1,181$744$453$268$156$10
41 years$1,140$708$425$247$141$8
42 years$1,100$675$398$228$128$7
43 years$1,062$643$374$211$116$6
44 years$1,027$613$351$195$106$5
45 years$992$584$329$180$96$4
46 years$960$557$309$166$87$3
47 years$929$532$291$153$79$3
48 years$899$508$273$142$72$2
49 years$871$485$257$131$65$2
50 years$844$463$241$121$59$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $864,000, adding $3,349 every year, while hoping to spend $37,164 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: 59/34/7 Blend
29$864,000$864,000$864,000$864,000
30$955,582$909,790$896,398$1,010,363
31$1,013,510$914,828$886,886$1,052,539
32$1,076,100$918,867$875,809$1,093,972
33$1,143,789$921,819$863,075$1,138,216
34$1,217,058$923,590$848,591$1,185,542
35$1,296,433$924,081$832,254$1,236,252
36$1,382,494$923,186$813,959$1,290,676
37$1,475,879$920,792$793,597$1,349,181
38$1,577,289$916,781$771,053$1,412,173
39$1,687,495$911,026$746,206$1,480,099
40$1,807,346$903,393$718,930$1,553,454
41$1,937,775$893,739$689,093$1,632,785
42$2,079,809$881,913$656,559$1,718,696
43$2,234,578$867,756$621,183$1,811,854
44$2,403,327$851,098$582,814$1,912,997
45$2,587,424$831,759$541,297$2,022,940
46$2,788,377$809,550$496,465$2,142,584
47$3,007,843$784,270$448,148$2,272,921
48$3,247,648$755,705$396,167$2,415,051
49$3,509,804$723,630$340,334$2,570,187
50$3,796,522$687,806$280,453$2,739,670
51$4,110,241$647,982$216,322$2,924,978
52$4,453,642$603,890$147,726$3,127,745
53$4,829,682$555,249$74,443$3,349,778
54$5,241,613$501,760$0$3,593,068
55$5,693,020$443,108$0$3,860,096
56$6,187,848$378,960$0$4,158,962
57$6,730,443$308,964$0$4,486,801
58$7,325,594$232,749$0$4,846,592
59$7,978,572$149,921$0$5,241,624
60$8,695,186$60,067$0$5,675,524
61$9,481,833$0$0$6,152,297
62$10,345,559$0$0$6,690,297
63$11,294,128$0$0$7,305,898
64$12,336,090$0$0$7,982,185
65$13,480,866$0$0$8,725,283
66$14,738,834$0$0$9,541,938
67$16,121,427$0$0$10,439,582
68$17,641,240$0$0$11,426,403
69$19,312,150$0$0$12,511,423
70$21,149,445$0$0$13,704,579
71$23,169,969$0$0$15,016,823
72$25,392,279$0$0$16,460,218
73$27,836,823$0$0$18,048,058
74$30,526,129$0$0$19,794,988
75$33,485,017$0$0$21,717,144
76$36,740,836$0$0$23,832,307
77$40,323,719$0$0$26,160,067
78$44,266,869$0$0$28,722,009
79$48,606,869$0$0$31,541,919
80$53,384,031$0$0$34,646,003
81$58,642,769$0$0$38,063,137
82$64,432,026$0$0$41,825,142
83$70,805,729$0$0$45,967,078
84$77,823,302$0$0$50,527,577
85$85,550,222$0$0$55,549,211
86$94,058,639$0$0$61,078,889
87$103,428,058$0$0$67,168,298
88$113,746,083$0$0$73,874,397
89$125,109,250$0$0$81,259,949
90$137,623,934$0$0$89,394,113
91$151,407,353$0$0$98,353,100
92$166,588,672$0$0$108,220,889
93$183,310,225$0$0$119,090,019
94$201,728,856$0$0$131,062,464
95$222,017,399$0$0$144,250,594
96$244,366,307$0$0$158,778,236
97$268,985,452$0$0$174,781,840
98$296,106,105$0$0$192,411,772
99$325,983,115$0$0$211,833,725
100$358,897,316$0$0$233,230,291