Can I retire at age 30 with 854,000?

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 $854,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$70,523$69,894$69,281$68,683$68,099$66,834
2 years$34,912$34,262$33,632$33,021$32,428$31,158
3 years$23,044$22,391$21,762$21,157$20,574$19,338
4 years$17,110$16,459$15,837$15,242$14,673$13,482
5 years$13,551$12,904$12,290$11,708$11,154$10,011
6 years$11,180$10,537$9,932$9,363$8,826$7,732
7 years$9,486$8,849$8,254$7,697$7,178$6,133
8 years$8,217$7,585$7,000$6,457$5,955$4,959
9 years$7,230$6,605$6,029$5,500$5,015$4,067
10 years$6,441$5,822$5,256$4,741$4,273$3,373
11 years$5,795$5,183$4,628$4,126$3,675$2,821
12 years$5,258$4,652$4,107$3,619$3,185$2,377
13 years$4,804$4,204$3,669$3,195$2,777$2,013
14 years$4,415$3,821$3,297$2,836$2,434$1,713
15 years$4,078$3,491$2,977$2,530$2,143$1,463
16 years$3,784$3,203$2,699$2,265$1,894$1,254
17 years$3,524$2,949$2,456$2,035$1,680$1,078
18 years$3,294$2,725$2,242$1,834$1,493$928
19 years$3,088$2,526$2,052$1,657$1,331$801
20 years$2,902$2,347$1,883$1,501$1,189$692
21 years$2,735$2,186$1,732$1,362$1,064$599
22 years$2,583$2,041$1,597$1,239$954$519
23 years$2,445$1,909$1,474$1,128$856$450
24 years$2,318$1,788$1,363$1,029$770$391
25 years$2,202$1,678$1,263$940$692$340
26 years$2,094$1,577$1,171$859$624$295
27 years$1,995$1,484$1,088$786$562$257
28 years$1,903$1,399$1,011$720$507$224
29 years$1,818$1,320$941$661$458$195
30 years$1,738$1,246$876$606$414$170
31 years$1,664$1,178$817$557$374$148
32 years$1,595$1,115$762$512$339$129
33 years$1,529$1,056$712$471$306$112
34 years$1,468$1,001$665$433$277$98
35 years$1,411$949$622$399$251$86
36 years$1,356$901$582$367$228$75
37 years$1,305$855$544$338$206$65
38 years$1,257$813$510$312$187$57
39 years$1,211$773$478$287$170$50
40 years$1,168$736$448$265$154$43
41 years$1,126$700$420$245$140$38
42 years$1,087$667$394$226$127$33
43 years$1,050$635$369$208$115$29
44 years$1,015$606$347$192$104$25
45 years$981$577$326$178$95$22
46 years$949$551$306$164$86$19
47 years$918$526$287$152$78$17
48 years$889$502$270$140$71$15
49 years$861$479$254$130$64$13
50 years$834$458$239$120$59$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $854,000, adding $2,460 every year, while hoping to spend $26,012 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: 34/39/27 Blend
29$854,000$854,000$854,000$854,000
30$943,645$898,383$885,146$967,939
31$1,012,221$914,728$887,122$1,002,769
32$1,086,919$931,001$888,293$1,037,796
33$1,168,337$947,172$888,603$1,075,061
34$1,257,132$963,209$887,996$1,114,780
35$1,354,027$979,074$886,411$1,157,193
36$1,459,819$994,729$883,787$1,202,566
37$1,575,384$1,010,134$880,057$1,251,191
38$1,701,686$1,025,243$875,152$1,303,392
39$1,839,787$1,040,010$868,999$1,359,528
40$1,990,858$1,054,383$861,523$1,419,996
41$2,156,185$1,068,307$852,643$1,485,232
42$2,337,187$1,081,725$842,278$1,555,721
43$2,535,425$1,094,574$830,339$1,631,999
44$2,752,618$1,106,788$816,735$1,714,657
45$2,990,660$1,118,296$801,371$1,804,350
46$3,251,636$1,129,022$784,146$1,901,798
47$3,537,844$1,138,885$764,956$2,007,802
48$3,851,813$1,147,799$743,691$2,123,243
49$4,196,330$1,155,673$720,236$2,249,096
50$4,574,464$1,162,410$694,473$2,386,438
51$4,989,597$1,167,905$666,274$2,536,458
52$5,445,451$1,172,048$635,510$2,700,470
53$5,946,131$1,174,721$602,043$2,879,924
54$6,496,155$1,175,801$565,731$3,076,425
55$7,100,502$1,175,155$526,422$3,291,740
56$7,764,658$1,172,642$483,962$3,527,825
57$8,494,664$1,168,113$438,186$3,786,836
58$9,297,179$1,161,409$388,923$4,071,156
59$10,179,535$1,152,363$335,997$4,383,414
60$11,149,815$1,140,796$279,220$4,726,513
61$12,216,920$1,126,519$218,398$5,103,658
62$13,390,659$1,109,331$153,327$5,518,384
63$14,681,840$1,089,022$83,797$5,974,596
64$16,102,368$1,065,365$9,585$6,476,601
65$17,665,365$1,038,123$0$7,029,153
66$19,385,285$1,007,044$0$7,657,552
67$21,278,055$971,860$0$8,351,783
68$23,361,225$932,290$0$9,115,541
69$25,654,132$888,034$0$9,955,948
70$28,178,083$838,777$0$10,880,858
71$30,956,554$784,183$0$11,898,929
72$34,015,415$723,901$0$13,019,709
73$37,383,170$657,555$0$14,253,725
74$41,091,229$584,751$0$15,612,582
75$45,174,202$505,071$0$17,109,077
76$49,670,226$418,075$0$18,757,319
77$54,621,324$323,296$0$20,572,860
78$60,073,804$220,241$0$22,572,849
79$66,078,691$108,392$0$24,776,192
80$72,692,213$0$0$27,203,730
81$79,976,330$0$0$29,883,934
82$87,999,316$0$0$32,887,416
83$96,836,407$0$0$36,195,846
84$106,570,508$0$0$39,840,284
85$117,292,976$0$0$43,854,958
86$129,104,482$0$0$48,277,583
87$142,115,963$0$0$53,149,723
88$156,449,663$0$0$58,517,178
89$172,240,293$0$0$64,430,417
90$189,636,300$0$0$70,945,059
91$208,801,265$0$0$78,122,391
92$229,915,453$0$0$86,029,949
93$253,177,505$0$0$94,742,160
94$278,806,323$0$0$104,341,036
95$307,043,130$0$0$114,916,956
96$338,153,745$0$0$126,569,514
97$372,431,097$0$0$139,408,459
98$410,197,989$0$0$153,554,736
99$451,810,139$0$0$169,141,622
100$497,659,545$0$0$186,315,985