Can I retire at age 30 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$70,192$69,567$68,957$68,362$67,780$65,117
2 years$34,749$34,101$33,474$32,866$32,276$29,625
3 years$22,936$22,286$21,660$21,058$20,477$17,923
4 years$17,030$16,382$15,763$15,171$14,605$12,165
5 years$13,488$12,844$12,233$11,653$11,102$8,785
6 years$11,127$10,488$9,886$9,319$8,785$6,591
7 years$9,442$8,808$8,215$7,661$7,144$5,073
8 years$8,178$7,550$6,967$6,427$5,927$3,976
9 years$7,196$6,574$6,001$5,474$4,991$3,158
10 years$6,410$5,794$5,232$4,719$4,253$2,533
11 years$5,768$5,158$4,606$4,107$3,658$2,048
12 years$5,234$4,630$4,088$3,602$3,170$1,666
13 years$4,781$4,184$3,652$3,180$2,764$1,361
14 years$4,394$3,803$3,281$2,823$2,423$1,117
15 years$4,059$3,474$2,963$2,518$2,133$919
16 years$3,766$3,188$2,686$2,254$1,885$758
17 years$3,507$2,936$2,444$2,026$1,672$627
18 years$3,278$2,713$2,231$1,825$1,486$519
19 years$3,073$2,514$2,043$1,649$1,325$430
20 years$2,889$2,336$1,875$1,494$1,183$357
21 years$2,722$2,176$1,724$1,356$1,059$297
22 years$2,571$2,031$1,589$1,233$949$247
23 years$2,433$1,900$1,467$1,123$852$205
24 years$2,307$1,780$1,357$1,024$766$171
25 years$2,191$1,670$1,257$935$689$142
26 years$2,085$1,570$1,166$855$621$119
27 years$1,986$1,478$1,082$783$560$99
28 years$1,894$1,392$1,006$717$505$82
29 years$1,809$1,313$936$658$456$69
30 years$1,730$1,240$872$603$412$57
31 years$1,656$1,173$813$554$373$48
32 years$1,587$1,109$759$509$337$40
33 years$1,522$1,051$708$468$305$33
34 years$1,461$996$662$431$276$28
35 years$1,404$945$619$397$250$23
36 years$1,350$897$579$365$227$19
37 years$1,299$851$542$337$205$16
38 years$1,251$809$507$310$186$13
39 years$1,205$769$475$286$169$11
40 years$1,162$732$446$264$153$9
41 years$1,121$697$418$243$139$8
42 years$1,082$664$392$225$126$7
43 years$1,045$632$368$207$114$5
44 years$1,010$603$345$192$104$5
45 years$976$575$324$177$94$4
46 years$944$548$304$163$86$3
47 years$914$523$286$151$78$3
48 years$885$500$269$139$71$2
49 years$857$477$253$129$64$2
50 years$830$456$238$119$58$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $850,000, adding $6,100 every year, while hoping to spend $47,849 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: 28/49/23 Blend
29$850,000$850,000$850,000$850,000
30$942,992$897,942$884,767$962,455
31$988,266$891,030$863,496$971,264
32$1,036,555$882,176$839,908$976,102
33$1,088,115$871,234$813,876$980,299
34$1,143,227$858,049$785,266$983,830
35$1,202,201$842,458$753,937$986,672
36$1,265,375$824,288$719,743$988,806
37$1,333,120$803,355$682,531$990,217
38$1,405,843$779,464$642,141$990,892
39$1,483,991$752,410$598,405$990,823
40$1,568,055$721,975$551,148$990,009
41$1,658,573$687,929$500,189$988,454
42$1,756,138$650,027$445,335$986,169
43$1,861,399$608,013$386,389$983,177
44$1,975,069$561,613$323,140$979,507
45$2,097,933$510,540$255,373$975,202
46$2,230,855$454,489$182,860$970,317
47$2,374,780$393,137$105,364$964,924
48$2,530,752$326,145$22,638$959,111
49$2,699,916$253,153$0$952,984
50$2,883,532$173,782$0$962,784
51$3,082,985$87,631$0$979,532
52$3,299,801$0$0$997,919
53$3,535,657$0$0$1,021,317
54$3,792,397$0$0$1,098,343
55$4,072,051$0$0$1,182,371
56$4,376,855$0$0$1,274,086
57$4,709,266$0$0$1,374,248
58$5,071,991$0$0$1,483,687
59$5,468,009$0$0$1,603,320
60$5,900,600$0$0$1,734,158
61$6,373,372$0$0$1,877,311
62$6,890,301$0$0$2,034,003
63$7,455,762$0$0$2,205,581
64$8,074,574$0$0$2,393,530
65$8,752,042$0$0$2,599,484
66$9,494,008$0$0$2,825,242
67$10,306,907$0$0$3,072,787
68$11,197,823$0$0$3,344,301
69$12,174,560$0$0$3,642,190
70$13,245,713$0$0$3,969,102
71$14,420,748$0$0$4,327,954
72$15,710,092$0$0$4,721,960
73$17,125,230$0$0$5,154,660
74$18,678,812$0$0$5,629,954
75$20,384,773$0$0$6,152,137
76$22,258,466$0$0$6,725,944
77$24,316,800$0$0$7,356,586
78$26,578,405$0$0$8,049,809
79$29,063,805$0$0$8,811,940
80$31,795,609$0$0$9,649,952
81$34,798,727$0$0$10,571,526
82$38,100,602$0$0$11,585,125
83$41,731,469$0$0$12,700,072
84$45,724,640$0$0$13,926,642
85$50,116,815$0$0$15,276,154
86$54,948,433$0$0$16,761,080
87$60,264,046$0$0$18,395,160
88$66,112,745$0$0$20,193,537
89$72,548,616$0$0$22,172,894
90$79,631,256$0$0$24,351,613
91$87,426,329$0$0$26,749,950
92$96,006,190$0$0$29,390,223
93$105,450,561$0$0$32,297,024
94$115,847,288$0$0$35,497,453
95$127,293,166$0$0$39,021,369
96$139,894,850$0$0$42,901,674
97$153,769,867$0$0$47,174,624
98$169,047,716$0$0$51,880,170
99$185,871,096$0$0$57,062,335
100$204,397,246$0$0$62,769,627