Can I retire at age 30 with 868,000?

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 $868,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$71,679$71,040$70,417$69,809$69,216$68,837
2 years$35,484$34,824$34,183$33,562$32,960$32,578
3 years$23,421$22,758$22,119$21,504$20,911$20,538
4 years$17,391$16,729$16,097$15,492$14,914$14,552
5 years$13,774$13,116$12,492$11,899$11,337$10,987
6 years$11,363$10,710$10,095$9,516$8,971$8,634
7 years$9,642$8,994$8,389$7,824$7,296$6,972
8 years$8,351$7,710$7,115$6,563$6,052$5,741
9 years$7,348$6,713$6,128$5,590$5,097$4,799
10 years$6,546$5,917$5,342$4,819$4,343$4,057
11 years$5,890$5,268$4,703$4,194$3,735$3,462
12 years$5,344$4,728$4,174$3,679$3,237$2,976
13 years$4,883$4,273$3,729$3,248$2,823$2,574
14 years$4,487$3,884$3,351$2,883$2,474$2,238
15 years$4,145$3,548$3,025$2,571$2,178$1,953
16 years$3,846$3,255$2,743$2,302$1,925$1,711
17 years$3,582$2,998$2,496$2,068$1,707$1,504
18 years$3,348$2,770$2,278$1,864$1,518$1,325
19 years$3,138$2,567$2,086$1,684$1,353$1,170
20 years$2,950$2,386$1,914$1,525$1,208$1,036
21 years$2,780$2,222$1,761$1,384$1,081$918
22 years$2,626$2,074$1,623$1,259$969$815
23 years$2,485$1,940$1,498$1,146$870$725
24 years$2,356$1,818$1,386$1,046$782$645
25 years$2,238$1,706$1,283$955$704$575
26 years$2,129$1,603$1,190$873$634$513
27 years$2,028$1,509$1,105$799$572$457
28 years$1,935$1,422$1,028$732$516$409
29 years$1,848$1,341$956$671$466$365
30 years$1,767$1,267$891$616$421$327
31 years$1,691$1,197$830$566$380$292
32 years$1,621$1,133$775$520$344$261
33 years$1,554$1,073$723$478$311$234
34 years$1,492$1,017$676$440$282$210
35 years$1,434$965$632$405$255$188
36 years$1,379$915$591$373$231$168
37 years$1,327$870$553$344$210$151
38 years$1,277$826$518$317$190$135
39 years$1,231$786$485$292$172$121
40 years$1,187$748$455$269$156$109
41 years$1,145$712$427$249$142$98
42 years$1,105$678$400$229$129$88
43 years$1,067$646$376$212$117$79
44 years$1,031$616$353$196$106$71
45 years$997$587$331$181$96$63
46 years$964$560$311$167$87$57
47 years$933$534$292$154$79$51
48 years$903$510$274$142$72$46
49 years$875$487$258$132$65$41
50 years$847$465$243$122$59$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $868,000, adding $5,845 every year, while hoping to spend $56,841 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: 67/28/5 Blend
29$868,000$868,000$868,000$868,000
30$962,565$916,561$903,107$1,026,076
31$1,000,268$900,994$872,883$1,053,349
32$1,039,912$882,759$839,741$1,075,710
33$1,081,635$861,666$803,524$1,098,613
34$1,125,586$837,512$764,066$1,122,100
35$1,171,930$810,084$721,196$1,146,221
36$1,220,843$779,155$674,733$1,171,031
37$1,272,522$744,486$624,489$1,196,594
38$1,327,176$705,824$570,267$1,222,983
39$1,385,039$662,900$511,862$1,250,277
40$1,446,362$615,431$449,058$1,278,571
41$1,511,422$563,118$381,632$1,307,969
42$1,580,520$505,643$309,350$1,338,587
43$1,653,986$442,673$231,966$1,370,560
44$1,732,182$373,853$149,227$1,404,038
45$1,815,503$298,810$60,864$1,439,188
46$1,904,381$217,149$0$1,476,200
47$1,999,292$128,453$0$1,517,071
48$2,100,754$32,282$0$1,563,838
49$2,209,338$0$0$1,613,533
50$2,325,668$0$0$1,688,607
51$2,450,430$0$0$1,779,825
52$2,584,375$0$0$1,877,795
53$2,728,328$0$0$1,983,125
54$2,883,195$0$0$2,096,484
55$3,049,972$0$0$2,218,604
56$3,229,749$0$0$2,350,291
57$3,423,726$0$0$2,492,430
58$3,633,223$0$0$2,645,994
59$3,859,687$0$0$2,812,049
60$4,104,710$0$0$2,991,772
61$4,370,043$0$0$3,186,453
62$4,657,609$0$0$3,397,510
63$4,969,525$0$0$3,626,506
64$5,308,116$0$0$3,875,157
65$5,675,942$0$0$4,145,350
66$6,075,818$0$0$4,439,164
67$6,510,840$0$0$4,758,882
68$6,984,417$0$0$5,107,020
69$7,500,296$0$0$5,486,344
70$8,062,605$0$0$5,899,900
71$8,675,883$0$0$6,351,036
72$9,345,129$0$0$6,843,444
73$10,075,843$0$0$7,381,182
74$10,874,082$0$0$7,968,720
75$11,746,512$0$0$8,610,978
76$12,700,474$0$0$9,313,375
77$13,744,047$0$0$10,081,874
78$14,886,131$0$0$10,923,044
79$16,136,523$0$0$11,844,118
80$17,506,014$0$0$12,853,058
81$19,006,485$0$0$13,958,638
82$20,651,022$0$0$15,170,515
83$22,454,037$0$0$16,499,329
84$24,431,403$0$0$17,956,796
85$26,600,602$0$0$19,555,824
86$28,980,891$0$0$21,310,626
87$31,593,481$0$0$23,236,861
88$34,461,737$0$0$25,351,778
89$37,611,394$0$0$27,674,376
90$41,070,805$0$0$30,225,585
91$44,871,202$0$0$33,028,464
92$49,046,992$0$0$36,108,411
93$53,636,079$0$0$39,493,412
94$58,680,220$0$0$43,214,293
95$64,225,422$0$0$47,305,020
96$70,322,369$0$0$51,803,012
97$77,026,901$0$0$56,749,494
98$84,400,543$0$0$62,189,889
99$92,511,079$0$0$68,174,240
100$101,433,192$0$0$74,757,686