Can I retire at age 30 with 869,000?

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 $869,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$71,761$71,122$70,498$69,890$69,295$67,401
2 years$35,525$34,864$34,223$33,601$32,998$31,104
3 years$23,448$22,784$22,144$21,528$20,935$19,100
4 years$17,411$16,749$16,115$15,510$14,931$13,169
5 years$13,790$13,131$12,506$11,913$11,350$9,666
6 years$11,376$10,722$10,107$9,527$8,981$7,376
7 years$9,653$9,005$8,399$7,833$7,304$5,779
8 years$8,361$7,719$7,123$6,571$6,059$4,613
9 years$7,357$6,721$6,135$5,597$5,103$3,734
10 years$6,554$5,924$5,349$4,824$4,348$3,055
11 years$5,897$5,274$4,709$4,199$3,739$2,520
12 years$5,350$4,733$4,179$3,683$3,240$2,092
13 years$4,888$4,278$3,734$3,251$2,826$1,746
14 years$4,492$3,888$3,355$2,886$2,477$1,464
15 years$4,150$3,552$3,029$2,574$2,181$1,231
16 years$3,850$3,259$2,746$2,305$1,928$1,039
17 years$3,586$3,001$2,499$2,071$1,709$879
18 years$3,351$2,773$2,281$1,866$1,520$745
19 years$3,142$2,570$2,088$1,686$1,355$632
20 years$2,953$2,388$1,916$1,527$1,210$537
21 years$2,783$2,225$1,763$1,386$1,083$457
22 years$2,629$2,077$1,625$1,260$970$390
23 years$2,488$1,942$1,500$1,148$871$332
24 years$2,359$1,820$1,387$1,047$783$283
25 years$2,240$1,708$1,285$956$705$242
26 years$2,131$1,605$1,192$874$635$207
27 years$2,030$1,511$1,107$800$572$177
28 years$1,937$1,423$1,029$733$516$151
29 years$1,850$1,343$957$672$466$129
30 years$1,769$1,268$892$617$421$111
31 years$1,693$1,199$831$567$381$95
32 years$1,623$1,134$776$521$345$81
33 years$1,556$1,074$724$479$312$69
34 years$1,494$1,018$677$441$282$59
35 years$1,435$966$633$406$256$51
36 years$1,380$917$592$374$232$44
37 years$1,328$871$554$344$210$37
38 years$1,279$827$519$317$190$32
39 years$1,232$787$486$292$173$27
40 years$1,188$748$456$270$157$23
41 years$1,146$712$427$249$142$20
42 years$1,106$679$401$230$129$17
43 years$1,069$646$376$212$117$15
44 years$1,032$616$353$196$106$13
45 years$998$588$331$181$96$11
46 years$965$561$311$167$88$9
47 years$934$535$292$154$79$8
48 years$904$511$275$143$72$7
49 years$876$488$258$132$66$6
50 years$848$466$243$122$60$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $869,000, adding $3,547 every year, while hoping to spend $34,136 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: 61/12/27 Blend
29$869,000$869,000$869,000$869,000
30$961,297$915,240$901,770$1,012,765
31$1,023,029$923,766$895,659$1,056,715
32$1,089,913$931,566$888,199$1,100,665
33$1,162,439$938,568$879,309$1,147,910
34$1,241,146$944,696$868,904$1,198,780
35$1,326,626$949,868$856,895$1,253,638
36$1,419,528$953,999$843,188$1,312,884
37$1,520,572$956,996$827,686$1,376,962
38$1,630,543$958,762$810,286$1,446,360
39$1,750,310$959,193$790,883$1,521,619
40$1,880,827$958,179$769,362$1,603,336
41$2,023,144$955,602$745,609$1,692,168
42$2,178,417$951,340$719,499$1,788,844
43$2,347,919$945,259$690,906$1,894,167
44$2,533,051$937,220$659,695$2,009,023
45$2,735,353$927,075$625,726$2,134,391
46$2,956,525$914,667$588,853$2,271,351
47$3,198,433$899,829$548,923$2,421,098
48$3,463,138$882,385$505,776$2,584,947
49$3,752,904$862,148$459,246$2,764,351
50$4,070,226$838,919$409,157$2,960,915
51$4,417,853$812,490$355,327$3,176,408
52$4,798,811$782,639$297,567$3,412,784
53$5,216,432$749,130$235,678$3,672,198
54$5,674,386$711,716$169,452$3,957,029
55$6,176,717$670,134$98,672$4,269,902
56$6,727,878$624,106$23,113$4,613,710
57$7,332,773$573,338$0$4,991,650
58$7,996,804$517,521$0$5,423,816
59$8,725,924$456,325$0$5,905,707
60$9,526,687$389,404$0$6,435,022
61$10,406,316$316,391$0$7,016,567
62$11,372,766$236,900$0$7,655,642
63$12,434,801$150,522$0$8,358,086
64$13,602,078$56,824$0$9,130,335
65$14,885,233$0$0$9,979,482
66$16,295,986$0$0$10,919,238
67$17,847,248$0$0$11,960,917
68$19,553,244$0$0$13,106,576
69$21,429,648$0$0$14,366,751
70$23,493,727$0$0$15,753,048
71$25,764,507$0$0$17,278,254
72$28,262,951$0$0$18,956,462
73$31,012,156$0$0$20,803,195
74$34,037,571$0$0$22,835,560
75$37,367,237$0$0$25,072,404
76$41,032,050$0$0$27,534,497
77$45,066,055$0$0$30,244,722
78$49,506,764$0$0$33,228,294
79$54,395,510$0$0$36,512,996
80$59,777,838$0$0$40,129,443
81$65,703,935$0$0$44,111,369
82$72,229,099$0$0$48,495,947
83$79,414,266$0$0$53,324,136
84$87,326,581$0$0$58,641,071
85$96,040,031$0$0$64,496,486
86$105,636,147$0$0$70,945,186
87$116,204,768$0$0$78,047,559
88$127,844,891$0$0$85,870,153
89$140,665,604$0$0$94,486,296
90$154,787,117$0$0$103,976,793
91$170,341,893$0$0$114,430,688
92$187,475,901$0$0$125,946,099
93$206,349,990$0$0$138,631,153
94$227,141,410$0$0$152,604,996
95$250,045,483$0$0$167,998,925
96$275,277,443$0$0$184,957,624
97$303,074,474$0$0$203,640,529
98$333,697,943$0$0$224,223,333
99$367,435,866$0$0$246,899,644
100$404,605,630$0$0$271,882,813