Can I retire at age 30 with 839,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $839,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$69,284$68,667$68,065$67,477$66,903$65,180
2 years$34,299$33,660$33,041$32,441$31,859$30,134
3 years$22,639$21,997$21,380$20,785$20,212$18,540
4 years$16,810$16,170$15,559$14,975$14,416$12,809
5 years$13,313$12,678$12,074$11,502$10,959$9,422
6 years$10,983$10,352$9,758$9,198$8,671$7,206
7 years$9,320$8,694$8,109$7,562$7,052$5,658
8 years$8,072$7,452$6,877$6,344$5,850$4,527
9 years$7,103$6,489$5,923$5,404$4,927$3,673
10 years$6,327$5,719$5,164$4,658$4,198$3,012
11 years$5,694$5,092$4,546$4,054$3,610$2,491
12 years$5,166$4,570$4,035$3,556$3,129$2,074
13 years$4,720$4,130$3,605$3,139$2,728$1,736
14 years$4,337$3,754$3,239$2,787$2,392$1,459
15 years$4,006$3,429$2,924$2,485$2,106$1,231
16 years$3,717$3,146$2,651$2,225$1,861$1,041
17 years$3,462$2,898$2,413$1,999$1,650$883
18 years$3,236$2,678$2,202$1,802$1,467$751
19 years$3,033$2,482$2,016$1,628$1,308$639
20 years$2,851$2,306$1,850$1,475$1,168$545
21 years$2,687$2,148$1,702$1,338$1,045$465
22 years$2,538$2,005$1,569$1,217$937$398
23 years$2,402$1,875$1,448$1,108$841$340
24 years$2,277$1,757$1,339$1,011$756$291
25 years$2,163$1,649$1,241$923$680$249
26 years$2,058$1,550$1,151$844$613$214
27 years$1,960$1,458$1,068$772$552$183
28 years$1,870$1,374$993$708$498$157
29 years$1,786$1,296$924$649$450$135
30 years$1,708$1,224$861$596$407$116
31 years$1,635$1,157$803$547$368$99
32 years$1,567$1,095$749$503$333$85
33 years$1,503$1,037$699$462$301$73
34 years$1,442$983$653$425$273$63
35 years$1,386$932$611$392$247$54
36 years$1,333$885$571$361$224$46
37 years$1,282$840$535$332$203$40
38 years$1,235$799$501$306$184$34
39 years$1,190$760$469$282$167$30
40 years$1,147$723$440$260$151$25
41 years$1,107$688$412$240$137$22
42 years$1,068$655$387$222$124$19
43 years$1,032$624$363$205$113$16
44 years$997$595$341$189$103$14
45 years$964$567$320$175$93$12
46 years$932$541$300$161$84$10
47 years$902$517$282$149$77$9
48 years$873$493$265$138$70$8
49 years$846$471$249$127$63$7
50 years$819$450$234$118$57$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $839,000, adding $4,338 every year, while hoping to spend $44,029 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: 63/16/21 Blend
29$839,000$839,000$839,000$839,000
30$929,053$884,586$871,581$982,282
31$976,970$881,084$853,933$1,015,192
32$1,028,298$875,935$834,217$1,045,802
33$1,083,340$869,011$812,319$1,078,221
34$1,142,427$860,178$788,117$1,112,631
35$1,205,920$849,293$761,485$1,149,233
36$1,274,219$836,204$732,291$1,188,250
37$1,347,762$820,750$700,395$1,229,928
38$1,427,029$802,762$665,653$1,274,540
39$1,512,547$782,058$627,913$1,322,392
40$1,604,897$758,449$587,018$1,373,818
41$1,704,715$731,733$542,803$1,429,192
42$1,812,703$701,695$495,094$1,488,927
43$1,929,631$668,109$443,711$1,553,480
44$2,056,343$630,737$388,466$1,623,359
45$2,193,772$589,325$329,161$1,699,123
46$2,342,941$543,606$265,592$1,781,395
47$2,504,975$493,297$197,544$1,870,862
48$2,681,113$438,099$124,792$1,968,285
49$2,872,717$377,696$47,102$2,074,507
50$3,081,286$311,754$0$2,190,458
51$3,308,468$239,921$0$2,325,193
52$3,556,079$161,825$0$2,483,613
53$3,826,116$77,071$0$2,656,474
54$4,120,777$0$0$2,845,231
55$4,442,482$0$0$3,054,088
56$4,793,895$0$0$3,297,110
57$5,177,948$0$0$3,562,762
58$5,597,869$0$0$3,853,286
59$6,057,212$0$0$4,171,148
60$6,559,893$0$0$4,519,063
61$7,110,219$0$0$4,900,024
62$7,712,936$0$0$5,317,322
63$8,373,272$0$0$5,774,587
64$9,096,980$0$0$6,275,811
65$9,890,400$0$0$6,825,396
66$10,760,513$0$0$7,428,186
67$11,715,009$0$0$8,089,518
68$12,762,356$0$0$8,815,271
69$13,911,883$0$0$9,611,920
70$15,173,867$0$0$10,486,599
71$16,559,627$0$0$11,447,165
72$18,081,633$0$0$12,502,272
73$19,753,620$0$0$13,661,457
74$21,590,721$0$0$14,935,223
75$23,609,606$0$0$16,335,142
76$25,828,642$0$0$17,873,964
77$28,268,061$0$0$19,565,734
78$30,950,156$0$0$21,425,925
79$33,899,484$0$0$23,471,588
80$37,143,106$0$0$25,721,506
81$40,710,831$0$0$28,196,373
82$44,635,507$0$0$30,918,991
83$48,953,324$0$0$33,914,484
84$53,704,155$0$0$37,210,533
85$58,931,935$0$0$40,837,637
86$64,685,073$0$0$44,829,402
87$71,016,906$0$0$49,222,857
88$77,986,205$0$0$54,058,800
89$85,657,729$0$0$59,382,189
90$94,102,831$0$0$65,242,560
91$103,400,137$0$0$71,694,495
92$113,636,280$0$0$78,798,139
93$124,906,723$0$0$86,619,765
94$137,316,658$0$0$95,232,400
95$150,981,993$0$0$104,716,512
96$166,030,452$0$0$115,160,772
97$182,602,776$0$0$126,662,886
98$200,854,048$0$0$139,330,520
99$220,955,163$0$0$153,282,317
100$243,094,433$0$0$168,649,008