Can I retire at age 30 with 853,000?

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 $853,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$70,440$69,813$69,200$68,603$68,019$65,868
2 years$34,871$34,222$33,592$32,982$32,390$30,243
3 years$23,017$22,364$21,737$21,132$20,550$18,473
4 years$17,090$16,440$15,819$15,224$14,656$12,666
5 years$13,536$12,889$12,276$11,694$11,141$9,243
6 years$11,167$10,525$9,921$9,352$8,816$7,011
7 years$9,475$8,839$8,244$7,688$7,170$5,459
8 years$8,207$7,577$6,992$6,450$5,948$4,329
9 years$7,221$6,597$6,022$5,494$5,009$3,481
10 years$6,433$5,815$5,250$4,736$4,268$2,828
11 years$5,789$5,177$4,622$4,121$3,671$2,316
12 years$5,252$4,646$4,102$3,615$3,181$1,909
13 years$4,798$4,199$3,665$3,192$2,774$1,582
14 years$4,410$3,817$3,293$2,833$2,431$1,316
15 years$4,073$3,487$2,973$2,527$2,141$1,099
16 years$3,779$3,199$2,696$2,262$1,892$920
17 years$3,520$2,946$2,453$2,033$1,678$771
18 years$3,290$2,722$2,239$1,832$1,492$648
19 years$3,084$2,523$2,050$1,655$1,330$546
20 years$2,899$2,344$1,881$1,499$1,188$460
21 years$2,732$2,184$1,730$1,361$1,063$388
22 years$2,580$2,038$1,595$1,237$953$328
23 years$2,442$1,907$1,472$1,127$855$277
24 years$2,315$1,786$1,362$1,028$769$235
25 years$2,199$1,676$1,261$938$692$198
26 years$2,092$1,575$1,170$858$623$168
27 years$1,993$1,483$1,086$785$562$142
28 years$1,901$1,397$1,010$720$507$121
29 years$1,816$1,318$940$660$458$102
30 years$1,736$1,245$875$606$414$87
31 years$1,662$1,177$816$556$374$74
32 years$1,593$1,113$761$511$338$62
33 years$1,528$1,054$711$470$306$53
34 years$1,466$999$664$432$277$45
35 years$1,409$948$621$398$251$38
36 years$1,355$900$581$367$227$32
37 years$1,304$854$544$338$206$27
38 years$1,255$812$509$311$187$23
39 years$1,210$772$477$287$169$20
40 years$1,166$735$447$265$154$17
41 years$1,125$699$419$244$139$14
42 years$1,086$666$393$225$127$12
43 years$1,049$635$369$208$115$10
44 years$1,013$605$346$192$104$9
45 years$980$577$325$177$95$7
46 years$948$550$306$164$86$6
47 years$917$525$287$151$78$5
48 years$888$501$270$140$71$5
49 years$860$479$254$129$64$4
50 years$833$457$238$120$58$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $853,000, adding $5,880 every year, while hoping to spend $27,164 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: 70/21/9 Blend
29$853,000$853,000$853,000$853,000
30$946,071$900,862$887,641$1,010,300
31$1,013,668$916,102$888,474$1,068,841
32$1,087,250$931,178$888,426$1,128,996
33$1,167,397$946,054$887,436$1,194,086
34$1,254,751$960,691$885,445$1,264,592
35$1,350,016$975,045$882,387$1,341,042
36$1,453,968$989,072$878,197$1,424,018
37$1,567,459$1,002,723$872,803$1,514,160
38$1,691,429$1,015,946$866,132$1,612,176
39$1,826,914$1,028,686$858,106$1,718,845
40$1,975,051$1,040,883$848,644$1,835,024
41$2,137,095$1,052,475$837,662$1,961,658
42$2,314,425$1,063,393$825,071$2,099,790
43$2,508,563$1,073,566$810,777$2,250,568
44$2,721,182$1,082,916$794,684$2,415,257
45$2,954,125$1,091,362$776,688$2,595,251
46$3,209,423$1,098,816$756,685$2,792,089
47$3,489,312$1,105,186$734,562$3,007,463
48$3,796,255$1,110,372$710,202$3,243,242
49$4,132,962$1,114,270$683,483$3,501,483
50$4,502,423$1,116,768$654,279$3,784,453
51$4,907,928$1,117,748$622,455$4,094,654
52$5,353,102$1,117,082$587,872$4,434,841
53$5,841,937$1,114,638$550,384$4,808,051
54$6,378,831$1,110,272$509,839$5,217,631
55$6,968,632$1,103,835$466,078$5,667,272
56$7,616,675$1,095,166$418,935$6,161,040
57$8,328,842$1,084,095$368,235$6,703,419
58$9,111,611$1,070,442$313,798$7,299,348
59$9,972,118$1,054,018$255,434$7,954,275
60$10,918,229$1,034,618$192,945$8,674,202
61$11,958,604$1,012,031$126,124$9,465,746
62$13,102,789$986,028$54,757$10,336,200
63$14,361,300$956,369$0$11,293,601
64$15,745,723$922,802$0$12,348,866
65$17,268,823$885,056$0$13,515,450
66$18,944,666$842,847$0$14,798,875
67$20,788,750$795,874$0$16,211,031
68$22,818,150$743,819$0$17,765,020
69$25,051,680$686,345$0$19,475,280
70$27,510,072$623,096$0$21,357,726
71$30,216,168$553,697$0$23,429,895
72$33,195,138$477,749$0$25,711,116
73$36,474,715$394,832$0$28,222,690
74$40,085,461$304,504$0$30,988,092
75$44,061,048$206,294$0$34,033,197
76$48,438,581$99,709$0$37,386,517
77$53,258,947$0$0$41,079,476
78$58,567,198$0$0$45,150,353
79$64,412,980$0$0$49,658,895
80$70,850,997$0$0$54,624,260
81$77,941,531$0$0$60,092,946
82$85,751,007$0$0$66,116,194
83$94,352,621$0$0$72,750,468
84$103,827,033$0$0$80,057,985
85$114,263,125$0$0$88,107,309
86$125,758,838$0$0$96,973,991
87$138,422,101$0$0$106,741,287
88$152,371,847$0$0$117,500,939
89$167,739,134$0$0$129,354,045
90$184,668,383$0$0$142,412,010
91$203,318,741$0$0$156,797,599
92$223,865,582$0$0$172,646,094
93$246,502,163$0$0$190,106,572
94$271,441,448$0$0$209,343,313
95$298,918,115$0$0$230,537,346
96$329,190,777$0$0$253,888,162
97$362,544,415$0$0$279,615,596
98$399,293,073$0$0$307,961,900
99$439,782,823$0$0$339,194,030
100$484,395,025$0$0$373,606,168