Can I retire at age 30 with 855,000?

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 $855,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$70,605$69,976$69,363$68,764$68,179$66,450
2 years$34,953$34,302$33,671$33,059$32,466$30,735
3 years$23,071$22,417$21,787$21,182$20,598$18,919
4 years$17,130$16,479$15,856$15,260$14,691$13,078
5 years$13,567$12,920$12,305$11,721$11,168$9,624
6 years$11,193$10,550$9,944$9,374$8,836$7,365
7 years$9,497$8,860$8,264$7,707$7,186$5,786
8 years$8,226$7,594$7,008$6,465$5,962$4,632
9 years$7,238$6,612$6,036$5,507$5,021$3,761
10 years$6,448$5,828$5,262$4,747$4,278$3,086
11 years$5,802$5,189$4,633$4,131$3,679$2,554
12 years$5,264$4,657$4,112$3,624$3,188$2,127
13 years$4,810$4,209$3,673$3,199$2,780$1,782
14 years$4,420$3,826$3,301$2,840$2,437$1,499
15 years$4,083$3,495$2,980$2,533$2,146$1,265
16 years$3,788$3,206$2,702$2,268$1,897$1,071
17 years$3,528$2,953$2,459$2,037$1,682$909
18 years$3,297$2,729$2,244$1,836$1,495$773
19 years$3,091$2,529$2,055$1,659$1,333$659
20 years$2,906$2,350$1,886$1,503$1,190$562
21 years$2,738$2,189$1,734$1,364$1,065$480
22 years$2,586$2,043$1,599$1,240$955$411
23 years$2,448$1,911$1,476$1,129$857$352
24 years$2,321$1,790$1,365$1,030$770$301
25 years$2,204$1,680$1,264$941$693$258
26 years$2,097$1,579$1,173$860$624$222
27 years$1,998$1,486$1,089$787$563$190
28 years$1,906$1,400$1,012$721$508$163
29 years$1,820$1,321$942$661$459$140
30 years$1,740$1,248$877$607$414$120
31 years$1,666$1,179$818$557$375$103
32 years$1,596$1,116$763$512$339$89
33 years$1,531$1,057$713$471$307$76
34 years$1,470$1,002$666$433$278$66
35 years$1,412$950$622$399$252$57
36 years$1,358$902$582$368$228$49
37 years$1,307$856$545$339$207$42
38 years$1,258$814$510$312$187$36
39 years$1,212$774$478$288$170$31
40 years$1,169$736$448$265$154$27
41 years$1,128$701$420$245$140$23
42 years$1,089$668$394$226$127$20
43 years$1,051$636$370$209$115$17
44 years$1,016$606$347$193$104$15
45 years$982$578$326$178$95$13
46 years$950$552$306$164$86$11
47 years$919$526$288$152$78$9
48 years$890$502$270$140$71$8
49 years$862$480$254$130$64$7
50 years$835$458$239$120$59$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $855,000, adding $4,022 every year, while hoping to spend $57,400 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: 29/43/28 Blend
29$855,000$855,000$855,000$855,000
30$946,359$901,044$887,791$965,531
31$981,814$884,122$856,459$964,077
32$1,018,962$864,447$822,153$957,262
33$1,057,915$841,823$784,714$948,791
34$1,098,794$816,044$743,974$938,561
35$1,141,731$786,891$699,757$926,464
36$1,186,870$754,131$651,882$912,389
37$1,234,367$717,519$600,156$896,220
38$1,284,391$676,796$544,379$877,836
39$1,337,128$631,688$484,345$857,113
40$1,392,777$581,903$419,833$833,921
41$1,451,560$527,136$350,617$808,126
42$1,513,716$467,062$276,459$779,589
43$1,579,505$401,338$197,111$748,169
44$1,649,214$329,603$112,313$713,718
45$1,723,153$251,474$21,795$676,084
46$1,801,665$166,546$0$635,114
47$1,885,122$74,394$0$612,997
48$1,973,931$0$0$595,625
49$2,068,540$0$0$588,441
50$2,169,436$0$0$618,398
51$2,277,156$0$0$650,463
52$2,392,287$0$0$684,823
53$2,515,470$0$0$721,679
54$2,647,412$0$0$761,255
55$2,788,887$0$0$803,796
56$2,940,742$0$0$849,571
57$3,103,909$0$0$898,873
58$3,279,410$0$0$952,028
59$3,468,367$0$0$1,009,391
60$3,672,014$0$0$1,071,353
61$3,891,704$0$0$1,138,344
62$4,128,924$0$0$1,210,835
63$4,385,308$0$0$1,289,347
64$4,662,655$0$0$1,374,450
65$4,962,936$0$0$1,466,771
66$5,288,325$0$0$1,567,002
67$5,641,206$0$0$1,675,900
68$6,024,206$0$0$1,794,301
69$6,440,211$0$0$1,923,124
70$6,892,398$0$0$2,063,380
71$7,384,258$0$0$2,216,181
72$7,919,637$0$0$2,382,752
73$8,502,763$0$0$2,564,439
74$9,138,291$0$0$2,762,725
75$9,831,343$0$0$2,979,243
76$10,587,555$0$0$3,215,790
77$11,413,134$0$0$3,474,343
78$12,314,909$0$0$3,757,081
79$13,300,402$0$0$4,066,401
80$14,377,889$0$0$4,404,944
81$15,556,487$0$0$4,775,618
82$16,846,232$0$0$5,181,623
83$18,258,175$0$0$5,626,485
84$19,804,485$0$0$6,114,088
85$21,498,564$0$0$6,648,709
86$23,355,171$0$0$7,235,056
87$25,390,560$0$0$7,878,319
88$27,622,633$0$0$8,584,211
89$30,071,108$0$0$9,359,027
90$32,757,703$0$0$10,209,699
91$35,706,340$0$0$11,143,866
92$38,943,369$0$0$12,169,940
93$42,497,817$0$0$13,297,190
94$46,401,659$0$0$14,535,825
95$50,690,119$0$0$15,897,095
96$55,401,999$0$0$17,393,390
97$60,580,048$0$0$19,038,364
98$66,271,360$0$0$20,847,056
99$72,527,819$0$0$22,836,039
100$79,406,585$0$0$25,023,570