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%13.6%
1 years$70,192$69,567$68,957$68,362$67,780$66,767
2 years$34,749$34,101$33,474$32,866$32,276$31,258
3 years$22,936$22,286$21,660$21,058$20,477$19,486
4 years$17,030$16,382$15,763$15,171$14,605$13,647
5 years$13,488$12,844$12,233$11,653$11,102$10,181
6 years$11,127$10,488$9,886$9,319$8,785$7,902
7 years$9,442$8,808$8,215$7,661$7,144$6,299
8 years$8,178$7,550$6,967$6,427$5,927$5,120
9 years$7,196$6,574$6,001$5,474$4,991$4,222
10 years$6,410$5,794$5,232$4,719$4,253$3,521
11 years$5,768$5,158$4,606$4,107$3,658$2,962
12 years$5,234$4,630$4,088$3,602$3,170$2,509
13 years$4,781$4,184$3,652$3,180$2,764$2,138
14 years$4,394$3,803$3,281$2,823$2,423$1,830
15 years$4,059$3,474$2,963$2,518$2,133$1,573
16 years$3,766$3,188$2,686$2,254$1,885$1,357
17 years$3,507$2,936$2,444$2,026$1,672$1,173
18 years$3,278$2,713$2,231$1,825$1,486$1,017
19 years$3,073$2,514$2,043$1,649$1,325$884
20 years$2,889$2,336$1,875$1,494$1,183$769
21 years$2,722$2,176$1,724$1,356$1,059$670
22 years$2,571$2,031$1,589$1,233$949$585
23 years$2,433$1,900$1,467$1,123$852$511
24 years$2,307$1,780$1,357$1,024$766$447
25 years$2,191$1,670$1,257$935$689$391
26 years$2,085$1,570$1,166$855$621$342
27 years$1,986$1,478$1,082$783$560$300
28 years$1,894$1,392$1,006$717$505$263
29 years$1,809$1,313$936$658$456$231
30 years$1,730$1,240$872$603$412$202
31 years$1,656$1,173$813$554$373$178
32 years$1,587$1,109$759$509$337$156
33 years$1,522$1,051$708$468$305$137
34 years$1,461$996$662$431$276$120
35 years$1,404$945$619$397$250$106
36 years$1,350$897$579$365$227$93
37 years$1,299$851$542$337$205$82
38 years$1,251$809$507$310$186$72
39 years$1,205$769$475$286$169$63
40 years$1,162$732$446$264$153$56
41 years$1,121$697$418$243$139$49
42 years$1,082$664$392$225$126$43
43 years$1,045$632$368$207$114$38
44 years$1,010$603$345$192$104$33
45 years$976$575$324$177$94$29
46 years$944$548$304$163$86$26
47 years$914$523$286$151$78$23
48 years$885$500$269$139$71$20
49 years$857$477$253$129$64$18
50 years$830$456$238$119$58$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $850,000, adding $5,577 every year, while hoping to spend $59,708 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: 47/24/29 Blend
29$850,000$850,000$850,000$850,000
30$942,453$897,403$884,228$978,681
31$975,054$877,847$850,320$985,290
32$1,008,979$855,331$813,276$986,229
33$1,044,301$829,648$772,927$986,107
34$1,081,097$800,577$729,096$984,857
35$1,119,449$767,886$681,601$982,409
36$1,159,447$731,327$630,250$978,688
37$1,201,189$690,640$574,841$973,620
38$1,244,778$645,549$515,166$967,126
39$1,290,326$595,762$451,005$959,125
40$1,337,956$540,971$382,130$949,536
41$1,387,798$480,850$308,303$938,271
42$1,439,996$415,053$229,273$925,245
43$1,494,703$343,218$144,781$910,366
44$1,552,087$264,960$54,555$893,545
45$1,612,329$179,872$0$874,687
46$1,675,626$87,526$0$866,612
47$1,742,193$0$0$875,165
48$1,812,263$0$0$886,758
49$1,886,090$0$0$923,361
50$1,963,950$0$0$962,002
51$2,046,144$0$0$1,002,835
52$2,133,001$0$0$1,046,028
53$2,224,879$0$0$1,091,765
54$2,322,169$0$0$1,140,247
55$2,425,299$0$0$1,191,693
56$2,534,736$0$0$1,246,344
57$2,650,990$0$0$1,304,462
58$2,774,620$0$0$1,366,334
59$2,906,237$0$0$1,432,275
60$3,046,510$0$0$1,502,629
61$3,196,172$0$0$1,577,774
62$3,356,025$0$0$1,658,122
63$3,526,949$0$0$1,744,128
64$3,709,909$0$0$1,836,287
65$3,905,962$0$0$1,935,146
66$4,116,267$0$0$2,041,303
67$4,342,099$0$0$2,155,414
68$4,584,854$0$0$2,278,200
69$4,846,065$0$0$2,410,453
70$5,127,417$0$0$2,553,041
71$5,430,759$0$0$2,706,921
72$5,758,123$0$0$2,873,140
73$6,111,740$0$0$3,052,852
74$6,494,065$0$0$3,247,325
75$6,907,793$0$0$3,457,950
76$7,355,889$0$0$3,686,261
77$7,841,610$0$0$3,933,941
78$8,368,541$0$0$4,202,842
79$8,940,622$0$0$4,495,001
80$9,562,188$0$0$4,812,660
81$10,238,006$0$0$5,158,284
82$10,973,323$0$0$5,534,586
83$11,773,910$0$0$5,944,550
84$12,646,118$0$0$6,391,463
85$13,596,937$0$0$6,878,938
86$14,634,057$0$0$7,410,955
87$15,765,947$0$0$7,991,895
88$17,001,924$0$0$8,626,578
89$18,352,248$0$0$9,320,314
90$19,828,213$0$0$10,078,946
91$21,442,254$0$0$10,908,910
92$23,208,062$0$0$11,817,290
93$25,140,710$0$0$12,811,889
94$27,256,800$0$0$13,901,297
95$29,574,610$0$0$15,094,977
96$32,114,273$0$0$16,403,349
97$34,897,957$0$0$17,837,888
98$37,950,079$0$0$19,411,233
99$41,297,533$0$0$21,137,308
100$44,969,938$0$0$23,031,445