Can I retire at age 30 with 849,000?

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 $849,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$70,110$69,485$68,876$68,281$67,700$67,049
2 years$34,708$34,061$33,435$32,827$32,238$31,582
3 years$22,909$22,259$21,635$21,033$20,453$19,813
4 years$17,010$16,363$15,744$15,153$14,587$13,967
5 years$13,472$12,829$12,218$11,639$11,089$10,491
6 years$11,114$10,476$9,874$9,308$8,774$8,200
7 years$9,431$8,797$8,206$7,652$7,136$6,585
8 years$8,168$7,541$6,959$6,419$5,920$5,392
9 years$7,187$6,566$5,994$5,468$4,985$4,481
10 years$6,403$5,787$5,225$4,713$4,248$3,766
11 years$5,761$5,152$4,600$4,102$3,653$3,194
12 years$5,227$4,624$4,083$3,598$3,166$2,728
13 years$4,776$4,179$3,648$3,177$2,761$2,344
14 years$4,389$3,799$3,277$2,820$2,420$2,025
15 years$4,054$3,470$2,959$2,515$2,131$1,756
16 years$3,761$3,184$2,683$2,252$1,883$1,528
17 years$3,503$2,932$2,441$2,023$1,670$1,333
18 years$3,274$2,709$2,229$1,823$1,485$1,167
19 years$3,070$2,511$2,040$1,647$1,323$1,023
20 years$2,885$2,333$1,872$1,492$1,182$899
21 years$2,719$2,174$1,722$1,354$1,058$791
22 years$2,568$2,029$1,587$1,231$948$697
23 years$2,431$1,898$1,466$1,121$851$615
24 years$2,305$1,778$1,355$1,023$765$543
25 years$2,189$1,668$1,255$934$688$480
26 years$2,082$1,568$1,164$854$620$425
27 years$1,984$1,476$1,081$782$559$376
28 years$1,892$1,391$1,005$716$504$333
29 years$1,807$1,312$935$657$455$296
30 years$1,728$1,239$871$603$412$262
31 years$1,654$1,171$812$554$372$233
32 years$1,585$1,108$758$509$337$206
33 years$1,520$1,049$708$468$305$183
34 years$1,460$995$661$430$276$163
35 years$1,402$943$618$396$250$145
36 years$1,348$895$578$365$226$129
37 years$1,298$850$541$336$205$114
38 years$1,249$808$507$310$186$102
39 years$1,204$769$475$286$169$90
40 years$1,161$731$445$264$153$80
41 years$1,120$696$417$243$139$72
42 years$1,081$663$391$224$126$64
43 years$1,044$632$367$207$114$57
44 years$1,009$602$345$191$104$50
45 years$975$574$324$177$94$45
46 years$943$548$304$163$86$40
47 years$913$523$286$151$78$36
48 years$884$499$268$139$71$32
49 years$856$476$252$129$64$28
50 years$829$455$237$119$58$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $849,000, adding $3,706 every year, while hoping to spend $40,595 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: 70/17/13 Blend
29$849,000$849,000$849,000$849,000
30$939,421$894,424$881,264$1,002,253
31$992,049$895,058$867,594$1,045,080
32$1,048,685$894,362$852,105$1,086,678
33$1,109,694$892,229$834,694$1,131,138
34$1,175,478$888,544$815,251$1,178,737
35$1,246,479$883,185$793,665$1,229,777
36$1,323,182$876,023$769,815$1,284,593
37$1,406,120$866,922$743,577$1,343,557
38$1,495,878$855,735$714,821$1,407,076
39$1,593,102$842,310$683,411$1,475,602
40$1,698,499$826,484$649,206$1,549,634
41$1,812,847$808,083$612,056$1,629,721
42$1,937,004$786,925$571,806$1,716,471
43$2,071,911$762,817$528,294$1,810,554
44$2,218,604$735,554$481,351$1,912,710
45$2,378,224$704,918$430,798$2,023,757
46$2,552,025$670,681$376,452$2,144,596
47$2,741,387$632,600$318,119$2,276,224
48$2,947,830$590,419$255,596$2,419,739
49$3,173,024$543,865$188,674$2,576,355
50$3,418,810$492,652$117,133$2,747,409
51$3,687,214$436,477$40,742$2,934,381
52$3,980,465$375,020$0$3,138,901
53$4,301,018$307,941$0$3,368,425
54$4,651,576$234,884$0$3,625,682
55$5,035,114$155,471$0$3,907,241
56$5,454,909$69,302$0$4,215,561
57$5,914,568$0$0$4,553,347
58$6,418,066$0$0$4,928,084
59$6,969,777$0$0$5,352,956
60$7,574,520$0$0$5,818,713
61$8,237,602$0$0$6,329,451
62$8,964,869$0$0$6,889,676
63$9,762,759$0$0$7,504,354
64$10,638,363$0$0$8,178,956
65$11,599,492$0$0$8,919,506
66$12,654,751$0$0$9,732,640
67$13,813,618$0$0$10,625,668
68$15,086,534$0$0$11,606,646
69$16,485,001$0$0$12,684,443
70$18,021,690$0$0$13,868,835
71$19,710,561$0$0$15,170,587
72$21,566,992$0$0$16,601,563
73$23,607,928$0$0$18,174,831
74$25,852,033$0$0$19,904,790
75$28,319,874$0$0$21,807,302
76$31,034,109$0$0$23,899,846
77$34,019,703$0$0$26,201,677
78$37,304,161$0$0$28,734,012
79$40,917,788$0$0$31,520,229
80$44,893,977$0$0$34,586,083
81$49,269,518$0$0$37,959,953
82$54,084,950$0$0$41,673,111
83$59,384,939$0$0$45,760,010
84$65,218,701$0$0$50,258,614
85$71,640,467$0$0$55,210,754
86$78,709,991$0$0$60,662,525
87$86,493,115$0$0$66,664,715
88$95,062,392$0$0$73,273,288
89$104,497,764$0$0$80,549,912
90$114,887,323$0$0$88,562,539
91$126,328,137$0$0$97,386,044
92$138,927,167$0$0$107,102,936
93$152,802,274$0$0$117,804,132
94$168,083,336$0$0$129,589,815
95$184,913,466$0$0$142,570,382
96$203,450,366$0$0$156,867,484
97$223,867,816$0$0$172,615,169
98$246,357,309$0$0$189,961,155
99$271,129,862$0$0$209,068,218
100$298,418,004$0$0$230,115,729