Can I retire at age 30 with 839,000?

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 $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%15.8%
1 years$69,284$68,667$68,065$67,477$66,903$65,312
2 years$34,299$33,660$33,041$32,441$31,859$30,265
3 years$22,639$21,997$21,380$20,785$20,212$18,666
4 years$16,810$16,170$15,559$14,975$14,416$12,929
5 years$13,313$12,678$12,074$11,502$10,959$9,535
6 years$10,983$10,352$9,758$9,198$8,671$7,312
7 years$9,320$8,694$8,109$7,562$7,052$5,758
8 years$8,072$7,452$6,877$6,344$5,850$4,620
9 years$7,103$6,489$5,923$5,404$4,927$3,760
10 years$6,327$5,719$5,164$4,658$4,198$3,093
11 years$5,694$5,092$4,546$4,054$3,610$2,566
12 years$5,166$4,570$4,035$3,556$3,129$2,143
13 years$4,720$4,130$3,605$3,139$2,728$1,800
14 years$4,337$3,754$3,239$2,787$2,392$1,518
15 years$4,006$3,429$2,924$2,485$2,106$1,285
16 years$3,717$3,146$2,651$2,225$1,861$1,091
17 years$3,462$2,898$2,413$1,999$1,650$929
18 years$3,236$2,678$2,202$1,802$1,467$793
19 years$3,033$2,482$2,016$1,628$1,308$677
20 years$2,851$2,306$1,850$1,475$1,168$580
21 years$2,687$2,148$1,702$1,338$1,045$497
22 years$2,538$2,005$1,569$1,217$937$426
23 years$2,402$1,875$1,448$1,108$841$366
24 years$2,277$1,757$1,339$1,011$756$315
25 years$2,163$1,649$1,241$923$680$271
26 years$2,058$1,550$1,151$844$613$233
27 years$1,960$1,458$1,068$772$552$200
28 years$1,870$1,374$993$708$498$173
29 years$1,786$1,296$924$649$450$149
30 years$1,708$1,224$861$596$407$128
31 years$1,635$1,157$803$547$368$110
32 years$1,567$1,095$749$503$333$95
33 years$1,503$1,037$699$462$301$82
34 years$1,442$983$653$425$273$71
35 years$1,386$932$611$392$247$61
36 years$1,333$885$571$361$224$53
37 years$1,282$840$535$332$203$46
38 years$1,235$799$501$306$184$39
39 years$1,190$760$469$282$167$34
40 years$1,147$723$440$260$151$29
41 years$1,107$688$412$240$137$25
42 years$1,068$655$387$222$124$22
43 years$1,032$624$363$205$113$19
44 years$997$595$341$189$103$16
45 years$964$567$320$175$93$14
46 years$932$541$300$161$84$12
47 years$902$517$282$149$77$10
48 years$873$493$265$138$70$9
49 years$846$471$249$127$63$8
50 years$819$450$234$118$57$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $839,000, adding $4,093 every year, while hoping to spend $55,413 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: 47/27/26 Blend
29$839,000$839,000$839,000$839,000
30$928,800$884,333$871,328$965,372
31$964,579$868,706$841,559$975,893
32$1,002,149$850,457$808,935$981,547
33$1,041,637$829,397$773,302$986,593
34$1,083,176$805,330$734,500$991,003
35$1,126,913$778,044$692,359$994,747
36$1,173,010$747,320$646,705$997,799
37$1,221,639$712,921$597,352$1,000,133
38$1,272,992$674,600$544,109$1,001,727
39$1,327,275$632,093$486,774$1,002,558
40$1,384,714$585,123$425,139$1,002,609
41$1,445,558$533,397$358,983$1,001,867
42$1,510,075$476,603$288,079$1,000,321
43$1,578,560$414,414$212,188$997,969
44$1,651,336$346,484$131,059$994,811
45$1,728,756$272,445$44,433$990,856
46$1,811,206$191,912$0$986,124
47$1,899,108$104,475$0$993,960
48$1,992,926$9,703$0$1,015,103
49$2,093,167$0$0$1,037,347
50$2,200,387$0$0$1,088,433
51$2,315,195$0$0$1,146,283
52$2,438,260$0$0$1,208,359
53$2,570,315$0$0$1,275,038
54$2,712,166$0$0$1,346,737
55$2,864,696$0$0$1,423,911
56$3,028,874$0$0$1,507,061
57$3,205,765$0$0$1,596,736
58$3,396,540$0$0$1,693,541
59$3,602,483$0$0$1,798,139
60$3,825,007$0$0$1,911,259
61$4,065,662$0$0$2,033,703
62$4,326,155$0$0$2,166,353
63$4,608,362$0$0$2,310,178
64$4,914,342$0$0$2,466,242
65$5,246,365$0$0$2,635,718
66$5,606,923$0$0$2,819,896
67$5,998,758$0$0$3,020,192
68$6,424,889$0$0$3,238,168
69$6,888,634$0$0$3,475,540
70$7,393,646$0$0$3,734,196
71$7,943,944$0$0$4,016,216
72$8,543,950$0$0$4,323,888
73$9,198,534$0$0$4,659,730
74$9,913,053$0$0$5,026,515
75$10,693,406$0$0$5,427,293
76$11,546,084$0$0$5,865,425
77$12,478,238$0$0$6,344,610
78$13,497,736$0$0$6,868,921
79$14,613,245$0$0$7,442,841
80$15,834,306$0$0$8,071,310
81$17,171,427$0$0$8,759,766
82$18,636,177$0$0$9,514,198
83$20,241,300$0$0$10,341,201
84$22,000,829$0$0$11,248,040
85$23,930,219$0$0$12,242,716
86$26,046,494$0$0$13,334,041
87$28,368,404$0$0$14,531,722
88$30,916,602$0$0$15,846,451
89$33,713,837$0$0$17,290,007
90$36,785,167$0$0$18,875,362
91$40,158,198$0$0$20,616,809
92$43,863,337$0$0$22,530,093
93$47,934,084$0$0$24,632,558
94$52,407,343$0$0$26,943,314
95$57,323,770$0$0$29,483,411
96$62,728,155$0$0$32,276,042
97$68,669,844$0$0$35,346,759
98$75,203,203$0$0$38,723,714
99$82,388,129$0$0$42,437,923
100$90,290,616$0$0$46,523,560