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%19.2%
1 years$70,440$69,813$69,200$68,603$68,019$65,502
2 years$34,871$34,222$33,592$32,982$32,390$29,882
3 years$23,017$22,364$21,737$21,132$20,550$18,130
4 years$17,090$16,440$15,819$15,224$14,656$12,344
5 years$13,536$12,889$12,276$11,694$11,141$8,942
6 years$11,167$10,525$9,921$9,352$8,816$6,731
7 years$9,475$8,839$8,244$7,688$7,170$5,198
8 years$8,207$7,577$6,992$6,450$5,948$4,089
9 years$7,221$6,597$6,022$5,494$5,009$3,260
10 years$6,433$5,815$5,250$4,736$4,268$2,625
11 years$5,789$5,177$4,622$4,121$3,671$2,130
12 years$5,252$4,646$4,102$3,615$3,181$1,740
13 years$4,798$4,199$3,665$3,192$2,774$1,428
14 years$4,410$3,817$3,293$2,833$2,431$1,176
15 years$4,073$3,487$2,973$2,527$2,141$972
16 years$3,779$3,199$2,696$2,262$1,892$806
17 years$3,520$2,946$2,453$2,033$1,678$669
18 years$3,290$2,722$2,239$1,832$1,492$556
19 years$3,084$2,523$2,050$1,655$1,330$463
20 years$2,899$2,344$1,881$1,499$1,188$387
21 years$2,732$2,184$1,730$1,361$1,063$323
22 years$2,580$2,038$1,595$1,237$953$270
23 years$2,442$1,907$1,472$1,127$855$225
24 years$2,315$1,786$1,362$1,028$769$189
25 years$2,199$1,676$1,261$938$692$158
26 years$2,092$1,575$1,170$858$623$132
27 years$1,993$1,483$1,086$785$562$111
28 years$1,901$1,397$1,010$720$507$93
29 years$1,816$1,318$940$660$458$78
30 years$1,736$1,245$875$606$414$65
31 years$1,662$1,177$816$556$374$55
32 years$1,593$1,113$761$511$338$46
33 years$1,528$1,054$711$470$306$38
34 years$1,466$999$664$432$277$32
35 years$1,409$948$621$398$251$27
36 years$1,355$900$581$367$227$23
37 years$1,304$854$544$338$206$19
38 years$1,255$812$509$311$187$16
39 years$1,210$772$477$287$169$13
40 years$1,166$735$447$265$154$11
41 years$1,125$699$419$244$139$9
42 years$1,086$666$393$225$127$8
43 years$1,049$635$369$208$115$7
44 years$1,013$605$346$192$104$6
45 years$980$577$325$177$95$5
46 years$948$550$306$164$86$4
47 years$917$525$287$151$78$3
48 years$888$501$270$140$71$3
49 years$860$479$254$129$64$2
50 years$833$457$238$120$58$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $853,000, adding $6,025 every year, while hoping to spend $44,942 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: 53/28/19 Blend
29$853,000$853,000$853,000$853,000
30$946,221$901,012$887,790$991,165
31$994,917$897,343$869,713$1,018,986
32$1,047,075$891,989$849,525$1,044,024
33$1,102,998$884,819$827,106$1,070,293
34$1,163,024$875,694$802,333$1,097,926
35$1,227,518$864,469$775,078$1,127,068
36$1,296,886$850,990$745,204$1,157,884
37$1,371,571$835,090$712,570$1,190,557
38$1,452,059$816,597$677,029$1,225,291
39$1,538,885$795,327$638,426$1,262,313
40$1,632,638$771,084$596,599$1,301,879
41$1,733,961$743,662$551,380$1,344,272
42$1,843,566$712,842$502,592$1,389,807
43$1,962,232$678,393$450,051$1,438,837
44$2,090,816$640,071$393,564$1,491,752
45$2,230,262$597,617$332,931$1,548,988
46$2,381,605$550,757$267,941$1,611,029
47$2,545,988$499,203$198,376$1,678,413
48$2,724,663$442,648$124,006$1,751,739
49$2,919,011$380,771$44,593$1,831,670
50$3,130,551$313,229$0$1,918,945
51$3,360,952$239,662$0$2,022,524
52$3,612,053$159,689$0$2,145,350
53$3,885,877$72,909$0$2,279,438
54$4,184,652$0$0$2,425,962
55$4,510,827$0$0$2,592,726
56$4,867,102$0$0$2,799,493
57$5,256,446$0$0$3,025,532
58$5,682,129$0$0$3,272,754
59$6,147,753$0$0$3,543,258
60$6,657,280$0$0$3,839,360
61$7,215,076$0$0$4,163,606
62$7,825,949$0$0$4,518,804
63$8,495,190$0$0$4,908,043
64$9,228,631$0$0$5,334,726
65$10,032,691$0$0$5,802,602
66$10,914,442$0$0$6,315,799
67$11,881,671$0$0$6,878,863
68$12,942,958$0$0$7,496,805
69$14,107,750$0$0$8,175,140
70$15,386,456$0$0$8,919,945
71$16,790,541$0$0$9,737,915
72$18,332,635$0$0$10,636,424
73$20,026,651$0$0$11,623,596
74$21,887,915$0$0$12,708,381
75$23,933,311$0$0$13,900,638
76$26,181,443$0$0$15,211,230
77$28,652,802$0$0$16,652,122
78$31,369,967$0$0$18,236,500
79$34,357,812$0$0$19,978,890
80$37,643,743$0$0$21,895,294
81$41,257,953$0$0$24,003,346
82$45,233,712$0$0$26,322,474
83$49,607,672$0$0$28,874,082
84$54,420,220$0$0$31,681,756
85$59,715,854$0$0$34,771,482
86$65,543,603$0$0$38,171,893
87$71,957,489$0$0$41,914,538
88$79,017,037$0$0$46,034,179
89$86,787,836$0$0$50,569,122
90$95,342,154$0$0$55,561,572
91$104,759,625$0$0$61,058,035
92$115,127,994$0$0$67,109,756
93$126,543,947$0$0$73,773,203
94$139,114,024$0$0$81,110,596
95$152,955,620$0$0$89,190,498
96$168,198,096$0$0$98,088,459
97$184,983,997$0$0$107,887,728
98$203,470,394$0$0$118,680,042
99$223,830,372$0$0$130,566,486
100$246,254,657$0$0$143,658,451