Can I retire at age 30 with 854,000?

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 $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%13.5%
1 years$70,523$69,894$69,281$68,683$68,099$67,109
2 years$34,912$34,262$33,632$33,021$32,428$31,433
3 years$23,044$22,391$21,762$21,157$20,574$19,604
4 years$17,110$16,459$15,837$15,242$14,673$13,737
5 years$13,551$12,904$12,290$11,708$11,154$10,254
6 years$11,180$10,537$9,932$9,363$8,826$7,962
7 years$9,486$8,849$8,254$7,697$7,178$6,351
8 years$8,217$7,585$7,000$6,457$5,955$5,165
9 years$7,230$6,605$6,029$5,500$5,015$4,262
10 years$6,441$5,822$5,256$4,741$4,273$3,556
11 years$5,795$5,183$4,628$4,126$3,675$2,993
12 years$5,258$4,652$4,107$3,619$3,185$2,537
13 years$4,804$4,204$3,669$3,195$2,777$2,164
14 years$4,415$3,821$3,297$2,836$2,434$1,854
15 years$4,078$3,491$2,977$2,530$2,143$1,594
16 years$3,784$3,203$2,699$2,265$1,894$1,376
17 years$3,524$2,949$2,456$2,035$1,680$1,191
18 years$3,294$2,725$2,242$1,834$1,493$1,033
19 years$3,088$2,526$2,052$1,657$1,331$898
20 years$2,902$2,347$1,883$1,501$1,189$782
21 years$2,735$2,186$1,732$1,362$1,064$682
22 years$2,583$2,041$1,597$1,239$954$595
23 years$2,445$1,909$1,474$1,128$856$521
24 years$2,318$1,788$1,363$1,029$770$456
25 years$2,202$1,678$1,263$940$692$399
26 years$2,094$1,577$1,171$859$624$350
27 years$1,995$1,484$1,088$786$562$307
28 years$1,903$1,399$1,011$720$507$269
29 years$1,818$1,320$941$661$458$236
30 years$1,738$1,246$876$606$414$208
31 years$1,664$1,178$817$557$374$182
32 years$1,595$1,115$762$512$339$160
33 years$1,529$1,056$712$471$306$141
34 years$1,468$1,001$665$433$277$124
35 years$1,411$949$622$399$251$109
36 years$1,356$901$582$367$228$96
37 years$1,305$855$544$338$206$84
38 years$1,257$813$510$312$187$74
39 years$1,211$773$478$287$170$65
40 years$1,168$736$448$265$154$58
41 years$1,126$700$420$245$140$51
42 years$1,087$667$394$226$127$45
43 years$1,050$635$369$208$115$39
44 years$1,015$606$347$192$104$35
45 years$981$577$326$178$95$30
46 years$949$551$306$164$86$27
47 years$918$526$287$152$78$24
48 years$889$502$270$140$71$21
49 years$861$479$254$130$64$18
50 years$834$458$239$120$59$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $854,000, adding $5,855 every year, while hoping to spend $35,230 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: 39/43/18 Blend
29$854,000$854,000$854,000$854,000
30$947,147$901,885$888,648$978,790
31$1,006,272$908,593$880,934$1,008,702
32$1,070,247$914,449$871,780$1,037,214
33$1,139,529$919,374$861,101$1,067,307
34$1,214,621$923,284$848,809$1,099,141
35$1,296,077$926,089$834,808$1,132,897
36$1,384,505$927,696$819,002$1,168,775
37$1,480,573$928,002$801,288$1,206,998
38$1,585,019$926,901$781,558$1,247,815
39$1,698,650$924,279$759,700$1,291,500
40$1,822,359$920,015$735,596$1,338,362
41$1,957,125$913,981$709,125$1,388,740
42$2,104,028$906,042$680,156$1,443,013
43$2,264,253$896,053$648,556$1,501,601
44$2,439,108$883,861$614,184$1,564,971
45$2,630,032$869,304$576,893$1,633,642
46$2,838,607$852,212$536,531$1,708,186
47$3,066,576$832,402$492,936$1,789,243
48$3,315,859$809,681$445,941$1,877,519
49$3,588,568$783,847$395,372$1,973,797
50$3,887,030$754,684$341,045$2,078,947
51$4,213,807$721,963$282,770$2,193,931
52$4,571,719$685,443$220,346$2,319,816
53$4,963,873$644,869$153,567$2,457,783
54$5,393,692$599,971$82,215$2,609,140
55$5,864,942$550,463$6,063$2,775,337
56$6,381,774$496,043$0$2,957,977
57$6,948,759$436,394$0$3,173,278
58$7,570,932$371,177$0$3,410,943
59$8,253,838$300,036$0$3,672,028
60$9,003,588$222,595$0$3,958,989
61$9,826,909$138,458$0$4,274,538
62$10,731,215$47,203$0$4,621,672
63$11,724,672$0$0$5,003,700
64$12,816,276$0$0$5,448,698
65$14,015,938$0$0$5,962,415
66$15,334,576$0$0$6,527,207
67$16,784,219$0$0$7,148,241
68$18,378,120$0$0$7,831,211
69$20,130,878$0$0$8,582,391
70$22,058,581$0$0$9,408,691
71$24,178,952$0$0$10,317,727
72$26,511,518$0$0$11,317,889
73$29,077,794$0$0$12,418,422
74$31,901,487$0$0$13,629,512
75$35,008,716$0$0$14,962,382
76$38,428,261$0$0$16,429,398
77$42,191,832$0$0$18,044,187
78$46,334,369$0$0$19,821,763
79$50,894,373$0$0$21,778,669
80$55,914,265$0$0$23,933,135
81$61,440,789$0$0$26,305,247
82$67,525,452$0$0$28,917,139
83$74,225,007$0$0$31,793,199
84$81,601,994$0$0$34,960,303
85$89,725,324$0$0$38,448,064
86$98,670,931$0$0$42,289,113
87$108,522,490$0$0$46,519,409
88$119,372,201$0$0$51,178,574
89$131,321,667$0$0$56,310,272
90$144,482,843$0$0$61,962,613
91$158,979,099$0$0$68,188,618
92$174,946,383$0$0$75,046,709
93$192,534,499$0$0$82,601,264
94$211,908,526$0$0$90,923,228
95$233,250,372$0$0$100,090,775
96$256,760,492$0$0$110,190,054
97$282,659,780$0$0$121,315,996
98$311,191,652$0$0$133,573,209
99$342,624,342$0$0$147,076,973
100$377,253,438$0$0$161,954,318