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%17.4%
1 years$70,192$69,567$68,957$68,362$67,780$65,742
2 years$34,749$34,101$33,474$32,866$32,276$30,240
3 years$22,936$22,286$21,660$21,058$20,477$18,507
4 years$17,030$16,382$15,763$15,171$14,605$12,715
5 years$13,488$12,844$12,233$11,653$11,102$9,299
6 years$11,127$10,488$9,886$9,319$8,785$7,069
7 years$9,442$8,808$8,215$7,661$7,144$5,516
8 years$8,178$7,550$6,967$6,427$5,927$4,385
9 years$7,196$6,574$6,001$5,474$4,991$3,534
10 years$6,410$5,794$5,232$4,719$4,253$2,879
11 years$5,768$5,158$4,606$4,107$3,658$2,364
12 years$5,234$4,630$4,088$3,602$3,170$1,954
13 years$4,781$4,184$3,652$3,180$2,764$1,623
14 years$4,394$3,803$3,281$2,823$2,423$1,354
15 years$4,059$3,474$2,963$2,518$2,133$1,133
16 years$3,766$3,188$2,686$2,254$1,885$951
17 years$3,507$2,936$2,444$2,026$1,672$801
18 years$3,278$2,713$2,231$1,825$1,486$675
19 years$3,073$2,514$2,043$1,649$1,325$570
20 years$2,889$2,336$1,875$1,494$1,183$482
21 years$2,722$2,176$1,724$1,356$1,059$408
22 years$2,571$2,031$1,589$1,233$949$346
23 years$2,433$1,900$1,467$1,123$852$293
24 years$2,307$1,780$1,357$1,024$766$249
25 years$2,191$1,670$1,257$935$689$211
26 years$2,085$1,570$1,166$855$621$179
27 years$1,986$1,478$1,082$783$560$152
28 years$1,894$1,392$1,006$717$505$130
29 years$1,809$1,313$936$658$456$110
30 years$1,730$1,240$872$603$412$94
31 years$1,656$1,173$813$554$373$80
32 years$1,587$1,109$759$509$337$68
33 years$1,522$1,051$708$468$305$58
34 years$1,461$996$662$431$276$49
35 years$1,404$945$619$397$250$42
36 years$1,350$897$579$365$227$36
37 years$1,299$851$542$337$205$30
38 years$1,251$809$507$310$186$26
39 years$1,205$769$475$286$169$22
40 years$1,162$732$446$264$153$19
41 years$1,121$697$418$243$139$16
42 years$1,082$664$392$225$126$14
43 years$1,045$632$368$207$114$12
44 years$1,010$603$345$192$104$10
45 years$976$575$324$177$94$8
46 years$944$548$304$163$86$7
47 years$914$523$286$151$78$6
48 years$885$500$269$139$71$5
49 years$857$477$253$129$64$4
50 years$830$456$238$119$58$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $850,000, adding $2,541 every year, while hoping to spend $38,460 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: 50/24/26 Blend
29$850,000$850,000$850,000$850,000
30$939,321$894,271$881,096$979,280
31$994,211$897,169$869,692$1,010,301
32$1,053,410$898,920$856,616$1,039,939
33$1,117,318$899,428$841,773$1,071,387
34$1,186,373$898,588$825,061$1,104,832
35$1,261,057$896,293$806,375$1,140,485
36$1,341,900$892,426$785,603$1,178,579
37$1,429,483$886,865$762,630$1,219,371
38$1,524,447$879,478$737,335$1,263,151
39$1,627,496$870,128$709,591$1,310,236
40$1,739,404$858,667$679,266$1,360,981
41$1,861,023$844,941$646,220$1,415,780
42$1,993,288$828,785$610,310$1,475,067
43$2,137,232$810,024$571,384$1,539,326
44$2,293,988$788,473$529,284$1,609,094
45$2,464,804$763,937$483,844$1,684,964
46$2,651,053$736,209$434,892$1,767,595
47$2,854,247$705,070$382,247$1,857,716
48$3,076,050$670,288$325,722$1,956,135
49$3,318,293$631,618$265,119$2,063,747
50$3,582,991$588,800$200,234$2,181,541
51$3,872,366$541,560$130,851$2,310,616
52$4,188,859$489,609$56,746$2,452,183
53$4,535,163$432,640$0$2,607,587
54$4,914,239$370,329$0$2,784,508
55$5,329,351$302,334$0$2,995,597
56$5,784,090$228,294$0$3,226,983
57$6,282,414$147,827$0$3,480,749
58$6,828,680$60,531$0$3,759,195
59$7,427,687$0$0$4,064,856
60$8,084,721$0$0$4,409,516
61$8,805,604$0$0$4,805,300
62$9,596,748$0$0$5,239,753
63$10,465,218$0$0$5,716,766
64$11,418,794$0$0$6,240,625
65$12,466,048$0$0$6,816,051
66$13,616,421$0$0$7,448,246
67$14,880,317$0$0$8,142,938
68$16,269,192$0$0$8,906,441
69$17,795,672$0$0$9,745,708
70$19,473,664$0$0$10,668,401
71$21,318,491$0$0$11,682,961
72$23,347,033$0$0$12,798,686
73$25,577,889$0$0$14,025,824
74$28,031,550$0$0$15,375,662
75$30,730,594$0$0$16,860,639
76$33,699,894$0$0$18,494,458
77$36,966,858$0$0$20,292,218
78$40,561,685$0$0$22,270,557
79$44,517,646$0$0$24,447,806
80$48,871,404$0$0$26,844,161
81$53,663,353$0$0$29,481,880
82$58,938,003$0$0$32,385,483
83$64,744,399$0$0$35,581,993
84$71,136,581$0$0$39,101,182
85$78,174,095$0$0$42,975,857
86$85,922,556$0$0$47,242,170
87$94,454,262$0$0$51,939,954
88$103,848,883$0$0$57,113,103
89$114,194,203$0$0$62,809,984
90$125,586,958$0$0$69,083,895
91$138,133,739$0$0$75,993,564
92$151,952,005$0$0$83,603,707
93$167,171,186$0$0$91,985,637
94$183,933,905$0$0$101,217,937
95$202,397,326$0$0$111,387,198
96$222,734,635$0$0$122,588,842
97$245,136,671$0$0$134,928,019
98$269,813,733$0$0$148,520,599
99$296,997,559$0$0$163,494,263
100$326,943,514$0$0$179,989,716