Can I retire at age 30 with 886,000?

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 $886,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$73,165$72,513$71,877$71,257$70,651$68,117
2 years$36,220$35,546$34,892$34,258$33,643$31,118
3 years$23,907$23,230$22,577$21,950$21,345$18,907
4 years$17,752$17,076$16,431$15,813$15,223$12,892
5 years$14,059$13,388$12,751$12,146$11,572$9,354
6 years$11,599$10,932$10,305$9,713$9,157$7,052
7 years$9,842$9,181$8,563$7,986$7,447$5,456
8 years$8,524$7,870$7,262$6,699$6,178$4,299
9 years$7,501$6,852$6,255$5,706$5,203$3,434
10 years$6,682$6,040$5,453$4,919$4,433$2,770
11 years$6,013$5,377$4,801$4,281$3,813$2,253
12 years$5,455$4,826$4,261$3,755$3,304$1,844
13 years$4,984$4,361$3,807$3,315$2,881$1,516
14 years$4,580$3,964$3,420$2,943$2,526$1,252
15 years$4,231$3,621$3,088$2,624$2,224$1,037
16 years$3,925$3,323$2,800$2,350$1,965$861
17 years$3,656$3,060$2,548$2,111$1,743$716
18 years$3,417$2,828$2,326$1,903$1,549$597
19 years$3,203$2,621$2,129$1,719$1,381$499
20 years$3,011$2,435$1,954$1,557$1,234$417
21 years$2,838$2,268$1,797$1,413$1,104$349
22 years$2,680$2,117$1,656$1,285$989$292
23 years$2,536$1,980$1,529$1,170$888$245
24 years$2,405$1,855$1,414$1,067$798$205
25 years$2,284$1,741$1,310$975$718$172
26 years$2,173$1,636$1,215$891$647$144
27 years$2,070$1,540$1,128$816$583$121
28 years$1,975$1,451$1,049$747$526$102
29 years$1,886$1,369$976$685$475$86
30 years$1,804$1,293$909$629$430$72
31 years$1,726$1,222$848$578$388$60
32 years$1,654$1,156$791$531$351$51
33 years$1,587$1,095$738$488$318$43
34 years$1,523$1,038$690$449$288$36
35 years$1,463$985$645$414$261$30
36 years$1,407$934$603$381$236$25
37 years$1,354$888$565$351$214$21
38 years$1,304$843$529$323$194$18
39 years$1,256$802$496$298$176$15
40 years$1,211$763$464$275$160$13
41 years$1,169$726$435$254$145$11
42 years$1,128$692$409$234$131$9
43 years$1,089$659$383$216$119$8
44 years$1,053$628$360$200$108$6
45 years$1,018$599$338$184$98$5
46 years$984$572$317$170$89$4
47 years$952$545$298$157$81$4
48 years$922$521$280$145$74$3
49 years$893$497$263$134$67$3
50 years$865$475$248$124$61$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $886,000, adding $3,197 every year, while hoping to spend $21,143 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: 81/11/8 Blend
29$886,000$886,000$886,000$886,000
30$979,670$932,712$918,979$1,057,780
31$1,057,100$955,919$927,269$1,132,599
32$1,141,720$979,554$935,127$1,211,573
33$1,234,239$1,003,617$942,519$1,297,612
34$1,335,442$1,028,104$949,403$1,391,411
35$1,446,190$1,053,014$955,741$1,493,736
36$1,567,432$1,078,342$961,489$1,605,430
37$1,700,213$1,104,084$966,602$1,727,421
38$1,845,685$1,130,234$971,033$1,860,732
39$2,005,113$1,156,784$974,731$2,006,491
40$2,179,896$1,183,728$977,646$2,165,938
41$2,371,569$1,211,054$979,721$2,340,439
42$2,581,827$1,238,754$980,899$2,531,501
43$2,812,535$1,266,814$981,121$2,740,781
44$3,065,746$1,295,221$980,321$2,970,108
45$3,343,725$1,323,959$978,434$3,221,494
46$3,648,963$1,353,011$975,390$3,497,155
47$3,984,208$1,382,359$971,116$3,799,537
48$4,352,483$1,411,981$965,535$4,131,329
49$4,757,122$1,441,854$958,566$4,495,497
50$5,201,795$1,471,952$950,125$4,895,309
51$5,690,548$1,502,247$940,124$5,334,365
52$6,227,837$1,532,709$928,470$5,816,630
53$6,818,569$1,563,305$915,067$6,346,475
54$7,468,154$1,593,998$899,813$6,928,715
55$8,182,551$1,624,749$882,601$7,568,656
56$8,968,324$1,655,515$863,322$8,272,145
57$9,832,707$1,686,250$841,858$9,045,622
58$10,783,671$1,716,903$818,087$9,896,187
59$11,829,996$1,747,422$791,883$10,831,661
60$12,981,357$1,777,747$763,113$11,860,662
61$14,248,415$1,807,816$731,637$12,992,689
62$15,642,916$1,837,562$697,310$14,238,206
63$17,177,803$1,866,912$659,979$15,608,745
64$18,867,337$1,895,789$619,486$17,117,014
65$20,727,231$1,924,108$575,665$18,777,016
66$22,774,800$1,951,781$528,341$20,604,182
67$25,029,124$1,978,712$477,334$22,615,517
68$27,511,224$2,004,798$422,454$24,829,758
69$30,244,265$2,029,930$363,503$27,267,554
70$33,253,774$2,053,991$300,275$29,951,659
71$36,567,878$2,076,856$232,553$32,907,149
72$40,217,571$2,098,390$160,112$36,161,655
73$44,237,004$2,118,453$82,718$39,745,627
74$48,663,813$2,136,892$123$43,692,621
75$53,539,468$2,153,545$0$48,039,613
76$58,909,665$2,168,240$0$52,834,866
77$64,824,762$2,180,795$0$58,116,271
78$71,340,247$2,191,013$0$63,933,327
79$78,517,268$2,198,688$0$70,340,589
80$86,423,204$2,203,599$0$77,398,178
81$95,132,307$2,205,512$0$85,172,344
82$104,726,398$2,204,178$0$93,736,094
83$115,295,640$2,199,331$0$103,169,879
84$126,939,389$2,190,693$0$113,562,354
85$139,767,135$2,177,964$0$125,011,217
86$153,899,527$2,160,830$0$137,624,126
87$169,469,523$2,138,954$0$151,519,723
88$186,623,634$2,111,982$0$166,828,745
89$205,523,313$2,079,538$0$183,695,266
90$226,346,477$2,041,222$0$202,278,052
91$249,289,188$1,996,611$0$222,752,062
92$274,567,499$1,945,259$0$245,310,099
93$302,419,498$1,886,692$0$270,164,630
94$333,107,554$1,820,407$0$297,549,793
95$366,920,792$1,745,874$0$327,723,605
96$404,177,822$1,662,531$0$360,970,400
97$445,229,749$1,569,784$0$397,603,512
98$490,463,486$1,467,006$0$437,968,234
99$540,305,403$1,353,530$0$482,445,077
100$595,225,356$1,228,656$0$531,453,364