Can I retire at age 30 with 851,000?

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 $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%14.3%
1 years$70,275$69,649$69,038$68,442$67,860$66,653
2 years$34,789$34,142$33,514$32,905$32,314$31,103
3 years$22,963$22,312$21,686$21,082$20,501$19,323
4 years$17,050$16,402$15,782$15,189$14,622$13,485
5 years$13,504$12,859$12,247$11,666$11,115$10,024
6 years$11,140$10,500$9,897$9,330$8,795$7,750
7 years$9,453$8,818$8,225$7,670$7,153$6,154
8 years$8,188$7,559$6,975$6,435$5,934$4,982
9 years$7,204$6,581$6,008$5,481$4,997$4,091
10 years$6,418$5,801$5,238$4,725$4,258$3,397
11 years$5,775$5,164$4,611$4,112$3,662$2,845
12 years$5,240$4,635$4,092$3,607$3,173$2,399
13 years$4,787$4,189$3,656$3,184$2,767$2,035
14 years$4,399$3,808$3,285$2,826$2,426$1,734
15 years$4,064$3,478$2,966$2,521$2,136$1,484
16 years$3,770$3,191$2,689$2,257$1,888$1,273
17 years$3,512$2,939$2,447$2,028$1,674$1,096
18 years$3,282$2,716$2,234$1,828$1,488$945
19 years$3,077$2,517$2,045$1,651$1,326$817
20 years$2,892$2,339$1,877$1,496$1,185$707
21 years$2,726$2,179$1,726$1,357$1,060$613
22 years$2,574$2,034$1,591$1,234$950$532
23 years$2,436$1,902$1,469$1,124$853$462
24 years$2,310$1,782$1,359$1,025$767$402
25 years$2,194$1,672$1,258$936$690$350
26 years$2,087$1,572$1,167$856$622$305
27 years$1,988$1,479$1,084$784$560$265
28 years$1,897$1,394$1,007$718$506$231
29 years$1,812$1,315$938$658$457$202
30 years$1,732$1,242$873$604$413$176
31 years$1,658$1,174$814$555$373$154
32 years$1,589$1,111$760$510$337$134
33 years$1,524$1,052$709$469$305$117
34 years$1,463$997$663$431$276$102
35 years$1,406$946$620$397$250$89
36 years$1,352$898$580$366$227$78
37 years$1,301$852$542$337$206$68
38 years$1,252$810$508$311$186$60
39 years$1,207$770$476$286$169$52
40 years$1,163$733$446$264$153$46
41 years$1,122$698$418$244$139$40
42 years$1,083$664$392$225$126$35
43 years$1,046$633$368$208$115$31
44 years$1,011$603$346$192$104$27
45 years$977$575$325$177$94$23
46 years$945$549$305$164$86$20
47 years$915$524$286$151$78$18
48 years$886$500$269$140$71$16
49 years$858$478$253$129$64$14
50 years$831$456$238$119$58$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $851,000, adding $5,201 every year, while hoping to spend $46,932 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: 42/43/15 Blend
29$851,000$851,000$851,000$851,000
30$943,167$898,064$884,873$978,433
31$989,435$892,134$864,581$997,839
32$1,038,849$884,340$842,037$1,013,807
33$1,091,680$874,542$817,114$1,030,089
34$1,148,227$862,590$789,683$1,046,733
35$1,208,816$848,326$759,607$1,063,798
36$1,273,804$831,583$726,742$1,081,352
37$1,343,584$812,182$690,940$1,099,474
38$1,418,586$789,936$652,043$1,118,255
39$1,499,285$764,646$609,889$1,137,797
40$1,586,199$736,100$564,307$1,158,221
41$1,679,898$704,077$515,119$1,179,662
42$1,781,010$668,339$462,138$1,202,275
43$1,890,223$628,637$405,170$1,226,236
44$2,008,294$584,708$344,011$1,251,745
45$2,136,054$536,273$278,449$1,279,028
46$2,274,417$483,036$208,263$1,308,341
47$2,424,388$424,686$133,220$1,339,973
48$2,587,073$360,892$53,080$1,374,249
49$2,763,687$291,308$0$1,411,537
50$2,955,566$215,566$0$1,457,440
51$3,164,182$133,276$0$1,516,633
52$3,391,151$44,030$0$1,581,175
53$3,638,254$0$0$1,651,695
54$3,907,450$0$0$1,753,784
55$4,200,894$0$0$1,887,878
56$4,520,958$0$0$2,034,238
57$4,870,253$0$0$2,194,071
58$5,251,653$0$0$2,368,705
59$5,668,322$0$0$2,559,604
60$6,123,743$0$0$2,768,378
61$6,621,750$0$0$2,996,798
62$7,166,565$0$0$3,246,818
63$7,762,838$0$0$3,520,587
64$8,415,686$0$0$3,820,472
65$9,130,748$0$0$4,149,080
66$9,914,232$0$0$4,509,282
67$10,772,973$0$0$4,904,240
68$11,714,501$0$0$5,337,437
69$12,747,110$0$0$5,812,708
70$13,879,934$0$0$6,334,278
71$15,123,033$0$0$6,906,802
72$16,487,490$0$0$7,535,406
73$17,985,511$0$0$8,225,736
74$19,630,544$0$0$8,984,015
75$21,437,402$0$0$9,817,095
76$23,422,401$0$0$10,732,525
77$25,603,520$0$0$11,738,622
78$28,000,563$0$0$12,844,551
79$30,635,346$0$0$14,060,404
80$33,531,907$0$0$15,397,304
81$36,716,727$0$0$16,867,504
82$40,218,983$0$0$18,484,505
83$44,070,820$0$0$20,263,180
84$48,307,653$0$0$22,219,917
85$52,968,503$0$0$24,372,773
86$58,096,365$0$0$26,741,643
87$63,738,608$0$0$29,348,447
88$69,947,428$0$0$32,217,338
89$76,780,332$0$0$35,374,930
90$84,300,688$0$0$38,850,546
91$92,578,317$0$0$42,676,497
92$101,690,151$0$0$46,888,386
93$111,720,960$0$0$51,525,443
94$122,764,152$0$0$56,630,894
95$134,922,651$0$0$62,252,372
96$148,309,868$0$0$68,442,362
97$163,050,772$0$0$75,258,698
98$179,283,068$0$0$82,765,111
99$197,158,492$0$0$91,031,823
100$216,844,249$0$0$100,136,217