Can I retire at age 30 with 851,000?

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 $851,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$70,275$69,649$69,038$68,442$67,860$66,085
2 years$34,789$34,142$33,514$32,905$32,314$30,539
3 years$22,963$22,312$21,686$21,082$20,501$18,780
4 years$17,050$16,402$15,782$15,189$14,622$12,968
5 years$13,504$12,859$12,247$11,666$11,115$9,534
6 years$11,140$10,500$9,897$9,330$8,795$7,287
7 years$9,453$8,818$8,225$7,670$7,153$5,719
8 years$8,188$7,559$6,975$6,435$5,934$4,573
9 years$7,204$6,581$6,008$5,481$4,997$3,708
10 years$6,418$5,801$5,238$4,725$4,258$3,039
11 years$5,775$5,164$4,611$4,112$3,662$2,512
12 years$5,240$4,635$4,092$3,607$3,173$2,090
13 years$4,787$4,189$3,656$3,184$2,767$1,748
14 years$4,399$3,808$3,285$2,826$2,426$1,468
15 years$4,064$3,478$2,966$2,521$2,136$1,238
16 years$3,770$3,191$2,689$2,257$1,888$1,046
17 years$3,512$2,939$2,447$2,028$1,674$887
18 years$3,282$2,716$2,234$1,828$1,488$753
19 years$3,077$2,517$2,045$1,651$1,326$641
20 years$2,892$2,339$1,877$1,496$1,185$546
21 years$2,726$2,179$1,726$1,357$1,060$466
22 years$2,574$2,034$1,591$1,234$950$398
23 years$2,436$1,902$1,469$1,124$853$340
24 years$2,310$1,782$1,359$1,025$767$291
25 years$2,194$1,672$1,258$936$690$249
26 years$2,087$1,572$1,167$856$622$213
27 years$1,988$1,479$1,084$784$560$183
28 years$1,897$1,394$1,007$718$506$156
29 years$1,812$1,315$938$658$457$134
30 years$1,732$1,242$873$604$413$115
31 years$1,658$1,174$814$555$373$99
32 years$1,589$1,111$760$510$337$85
33 years$1,524$1,052$709$469$305$73
34 years$1,463$997$663$431$276$62
35 years$1,406$946$620$397$250$54
36 years$1,352$898$580$366$227$46
37 years$1,301$852$542$337$206$39
38 years$1,252$810$508$311$186$34
39 years$1,207$770$476$286$169$29
40 years$1,163$733$446$264$153$25
41 years$1,122$698$418$244$139$21
42 years$1,083$664$392$225$126$18
43 years$1,046$633$368$208$115$16
44 years$1,011$603$346$192$104$14
45 years$977$575$325$177$94$12
46 years$945$549$305$164$86$10
47 years$915$524$286$151$78$9
48 years$886$500$269$140$71$7
49 years$858$478$253$129$64$6
50 years$831$456$238$119$58$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $851,000, adding $2,034 every year, while hoping to spend $39,994 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: 45/37/18 Blend
29$851,000$851,000$851,000$851,000
30$939,900$894,797$881,607$977,252
31$993,217$896,089$868,587$1,004,900
32$1,050,631$896,103$853,791$1,030,718
33$1,112,519$894,736$837,117$1,057,873
34$1,179,293$891,876$818,457$1,086,505
35$1,251,407$887,404$797,702$1,116,773
36$1,329,360$881,195$774,734$1,148,853
37$1,413,698$873,117$749,431$1,182,944
38$1,505,024$863,029$721,666$1,219,265
39$1,604,000$850,781$691,305$1,258,062
40$1,711,354$836,215$658,210$1,299,608
41$1,827,885$819,163$622,233$1,344,210
42$1,954,476$799,448$583,224$1,392,205
43$2,092,092$776,881$541,022$1,443,971
44$2,241,801$751,264$495,462$1,499,930
45$2,404,775$722,385$446,369$1,560,548
46$2,582,302$690,023$393,563$1,626,344
47$2,775,802$653,939$336,853$1,697,896
48$2,986,838$613,887$276,042$1,775,844
49$3,217,129$569,600$210,922$1,860,901
50$3,468,567$520,801$141,279$1,953,857
51$3,743,235$467,195$66,886$2,055,589
52$4,043,427$408,469$0$2,167,069
53$4,371,667$344,295$0$2,291,777
54$4,730,736$274,324$0$2,442,374
55$5,123,694$198,189$0$2,607,375
56$5,553,913$115,502$0$2,788,300
57$6,025,103$25,853$0$2,986,830
58$6,541,352$0$0$3,204,824
59$7,107,162$0$0$3,473,322
60$7,727,491$0$0$3,779,333
61$8,407,797$0$0$4,115,036
62$9,154,097$0$0$4,483,412
63$9,973,013$0$0$4,887,745
64$10,871,842$0$0$5,331,652
65$11,858,622$0$0$5,819,116
66$12,942,205$0$0$6,354,525
67$14,132,345$0$0$6,942,715
68$15,439,786$0$0$7,589,011
69$16,876,363$0$0$8,299,280
70$18,455,114$0$0$9,079,988
71$20,190,405$0$0$9,938,254
72$22,098,062$0$0$10,881,924
73$24,195,518$0$0$11,919,643
74$26,501,984$0$0$13,060,933
75$29,038,623$0$0$14,316,289
76$31,828,753$0$0$15,697,269
77$34,898,063$0$0$17,216,612
78$38,274,861$0$0$18,888,352
79$41,990,334$0$0$20,727,952
80$46,078,845$0$0$22,752,451
81$50,578,258$0$0$24,980,621
82$55,530,291$0$0$27,433,148
83$60,980,912$0$0$30,132,825
84$66,980,773$0$0$33,104,766
85$73,585,683$0$0$36,376,645
86$80,857,139$0$0$39,978,953
87$88,862,904$0$0$43,945,292
88$97,677,645$0$0$48,312,684
89$107,383,637$0$0$53,121,928
90$118,071,541$0$0$58,417,976
91$129,841,257$0$0$64,250,367
92$142,802,865$0$0$70,673,684
93$157,077,668$0$0$77,748,078
94$172,799,332$0$0$85,539,829
95$190,115,148$0$0$94,121,974
96$209,187,420$0$0$103,574,996
97$230,195,001$0$0$113,987,582
98$253,334,975$0$0$125,457,463
99$278,824,519$0$0$138,092,330
100$306,902,952$0$0$152,010,857