Can I retire at age 30 with 845,000?

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 $845,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$69,779$69,158$68,551$67,959$67,381$67,041
2 years$34,544$33,901$33,277$32,673$32,086$31,743
3 years$22,801$22,155$21,533$20,934$20,357$20,021
4 years$16,930$16,286$15,670$15,082$14,519$14,193
5 years$13,409$12,768$12,161$11,584$11,037$10,722
6 years$11,062$10,426$9,828$9,264$8,733$8,430
7 years$9,386$8,756$8,167$7,616$7,102$6,811
8 years$8,130$7,506$6,926$6,389$5,892$5,612
9 years$7,153$6,535$5,965$5,442$4,962$4,693
10 years$6,373$5,760$5,201$4,691$4,228$3,971
11 years$5,734$5,128$4,579$4,083$3,636$3,390
12 years$5,203$4,603$4,064$3,581$3,151$2,916
13 years$4,753$4,159$3,630$3,162$2,748$2,524
14 years$4,368$3,781$3,262$2,807$2,409$2,195
15 years$4,035$3,454$2,945$2,503$2,121$1,918
16 years$3,744$3,169$2,670$2,241$1,874$1,681
17 years$3,487$2,918$2,430$2,014$1,662$1,479
18 years$3,259$2,697$2,218$1,815$1,478$1,304
19 years$3,055$2,499$2,031$1,640$1,317$1,152
20 years$2,872$2,322$1,864$1,485$1,176$1,020
21 years$2,706$2,163$1,714$1,348$1,053$905
22 years$2,556$2,019$1,580$1,225$944$804
23 years$2,419$1,889$1,459$1,116$847$716
24 years$2,294$1,770$1,349$1,018$761$637
25 years$2,179$1,661$1,249$930$685$568
26 years$2,072$1,561$1,159$850$617$507
27 years$1,974$1,469$1,076$778$556$453
28 years$1,883$1,384$1,000$713$502$405
29 years$1,799$1,306$931$654$453$362
30 years$1,720$1,233$867$600$410$324
31 years$1,647$1,166$808$551$370$290
32 years$1,578$1,103$754$506$335$260
33 years$1,513$1,045$704$466$303$233
34 years$1,453$990$658$428$274$209
35 years$1,396$939$615$394$249$187
36 years$1,342$891$575$363$225$168
37 years$1,291$846$539$335$204$151
38 years$1,244$804$504$308$185$135
39 years$1,198$765$473$284$168$121
40 years$1,155$728$443$262$152$109
41 years$1,115$693$415$242$138$98
42 years$1,076$660$390$223$125$88
43 years$1,039$629$366$206$114$79
44 years$1,004$599$343$190$103$71
45 years$971$571$322$176$94$64
46 years$939$545$303$162$85$57
47 years$908$520$284$150$77$51
48 years$879$497$267$139$70$46
49 years$852$474$251$128$64$42
50 years$825$453$236$118$58$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $845,000, adding $2,429 every year, while hoping to spend $23,129 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: 79/13/8 Blend
29$845,000$845,000$845,000$845,000
30$933,696$888,911$875,813$1,006,265
31$1,004,323$907,858$880,544$1,073,158
32$1,081,380$926,959$884,658$1,143,256
33$1,165,497$946,196$888,110$1,219,467
34$1,257,369$965,551$890,853$1,302,389
35$1,357,761$985,003$892,837$1,392,682
36$1,467,516$1,004,532$894,010$1,491,070
37$1,587,560$1,024,111$894,317$1,598,355
38$1,718,915$1,043,717$893,701$1,715,417
39$1,862,706$1,063,320$892,101$1,843,225
40$2,020,169$1,082,890$889,453$1,982,849
41$2,192,669$1,102,394$885,693$2,135,464
42$2,381,707$1,121,797$880,749$2,302,369
43$2,588,936$1,141,061$874,549$2,484,991
44$2,816,178$1,160,143$867,017$2,684,903
45$3,065,439$1,179,001$858,073$2,903,841
46$3,338,927$1,197,585$847,632$3,143,713
47$3,639,077$1,215,846$835,607$3,406,624
48$3,968,569$1,233,729$821,906$3,694,893
49$4,330,356$1,251,174$806,433$4,011,075
50$4,727,691$1,268,120$789,086$4,357,984
51$5,164,156$1,284,499$769,761$4,738,723
52$5,643,699$1,300,238$748,347$5,156,709
53$6,170,669$1,315,262$724,729$5,615,707
54$6,749,856$1,329,489$698,787$6,119,869
55$7,386,538$1,342,831$670,393$6,673,765
56$8,086,529$1,355,194$639,416$7,282,435
57$8,856,237$1,366,480$605,718$7,951,431
58$9,702,719$1,376,584$569,155$8,686,871
59$10,633,751$1,385,391$529,576$9,495,498
60$11,657,901$1,392,782$486,825$10,384,741
61$12,784,608$1,398,630$440,735$11,362,788
62$14,024,274$1,402,799$391,136$12,438,661
63$15,388,359$1,405,145$337,848$13,622,301
64$16,889,489$1,405,515$280,683$14,924,667
65$18,541,577$1,403,745$219,446$16,357,831
66$20,359,953$1,399,664$153,933$17,935,099
67$22,361,509$1,393,087$83,929$19,671,133
68$24,564,855$1,383,821$9,213$21,582,093
69$26,990,500$1,371,658$0$23,685,786
70$29,661,042$1,356,381$0$26,007,853
71$32,601,381$1,337,756$0$28,565,132
72$35,838,955$1,315,539$0$31,380,687
73$39,403,996$1,289,468$0$34,480,805
74$43,329,819$1,259,268$0$37,894,450
75$47,653,135$1,224,646$0$41,653,541
76$52,414,395$1,185,294$0$45,793,254
77$57,658,174$1,140,884$0$50,352,348
78$63,433,590$1,091,069$0$55,373,538
79$69,794,768$1,035,483$0$60,903,896
80$76,801,351$973,739$0$66,995,291
81$84,519,062$905,426$0$73,704,885
82$93,020,325$830,110$0$81,095,669
83$102,384,947$747,334$0$89,237,059
84$112,700,872$656,614$0$98,205,553
85$124,065,010$557,437$0$108,085,447
86$136,584,152$449,263$0$118,969,639
87$150,375,979$331,520$0$130,960,500
88$165,570,170$203,605$0$144,170,846
89$182,309,627$64,882$0$158,724,997
90$200,751,825$0$0$174,759,955
91$221,070,296$0$0$192,438,902
92$243,456,267$0$0$211,927,035
93$268,120,466$0$0$233,398,529
94$295,295,110$0$0$257,055,544
95$325,236,099$0$0$283,120,862
96$358,225,427$0$0$311,839,981
97$394,573,846$0$0$343,483,434
98$434,623,800$0$0$378,349,347
99$478,752,658$0$0$416,766,247
100$527,376,272$0$0$459,096,166