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%18.5%
1 years$70,605$69,976$69,363$68,764$68,179$65,838
2 years$34,953$34,302$33,671$33,059$32,466$30,132
3 years$23,071$22,417$21,787$21,182$20,598$18,343
4 years$17,130$16,479$15,856$15,260$14,691$12,533
5 years$13,567$12,920$12,305$11,721$11,168$9,112
6 years$11,193$10,550$9,944$9,374$8,836$6,886
7 years$9,497$8,860$8,264$7,707$7,186$5,339
8 years$8,226$7,594$7,008$6,465$5,962$4,217
9 years$7,238$6,612$6,036$5,507$5,021$3,376
10 years$6,448$5,828$5,262$4,747$4,278$2,731
11 years$5,802$5,189$4,633$4,131$3,679$2,227
12 years$5,264$4,657$4,112$3,624$3,188$1,827
13 years$4,810$4,209$3,673$3,199$2,780$1,506
14 years$4,420$3,826$3,301$2,840$2,437$1,247
15 years$4,083$3,495$2,980$2,533$2,146$1,036
16 years$3,788$3,206$2,702$2,268$1,897$863
17 years$3,528$2,953$2,459$2,037$1,682$720
18 years$3,297$2,729$2,244$1,836$1,495$602
19 years$3,091$2,529$2,055$1,659$1,333$504
20 years$2,906$2,350$1,886$1,503$1,190$423
21 years$2,738$2,189$1,734$1,364$1,065$355
22 years$2,586$2,043$1,599$1,240$955$298
23 years$2,448$1,911$1,476$1,129$857$251
24 years$2,321$1,790$1,365$1,030$770$211
25 years$2,204$1,680$1,264$941$693$177
26 years$2,097$1,579$1,173$860$624$149
27 years$1,998$1,486$1,089$787$563$126
28 years$1,906$1,400$1,012$721$508$106
29 years$1,820$1,321$942$661$459$89
30 years$1,740$1,248$877$607$414$75
31 years$1,666$1,179$818$557$375$63
32 years$1,596$1,116$763$512$339$54
33 years$1,531$1,057$713$471$307$45
34 years$1,470$1,002$666$433$278$38
35 years$1,412$950$622$399$252$32
36 years$1,358$902$582$368$228$27
37 years$1,307$856$545$339$207$23
38 years$1,258$814$510$312$187$19
39 years$1,212$774$478$288$170$16
40 years$1,169$736$448$265$154$14
41 years$1,128$701$420$245$140$12
42 years$1,089$668$394$226$127$10
43 years$1,051$636$370$209$115$8
44 years$1,016$606$347$193$104$7
45 years$982$578$326$178$95$6
46 years$950$552$306$164$86$5
47 years$919$526$288$152$78$4
48 years$890$502$270$140$71$4
49 years$862$480$254$130$64$3
50 years$835$458$239$120$59$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $855,000, adding $2,417 every year, while hoping to spend $39,846 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: 59/32/9 Blend
29$855,000$855,000$855,000$855,000
30$944,703$899,388$886,136$998,361
31$998,667$901,062$873,425$1,036,368
32$1,056,800$901,483$858,954$1,073,065
33$1,119,484$900,547$842,620$1,112,096
34$1,187,142$898,144$824,318$1,153,689
35$1,260,235$894,158$803,937$1,198,094
36$1,339,272$888,464$781,362$1,245,591
37$1,424,811$880,932$756,470$1,296,486
38$1,517,466$871,422$729,137$1,351,121
39$1,617,913$859,787$699,228$1,409,872
40$1,726,894$845,871$666,606$1,473,159
41$1,845,225$829,506$631,126$1,541,441
42$1,973,806$810,520$592,636$1,615,232
43$2,113,623$788,724$550,978$1,695,095
44$2,265,763$763,923$505,987$1,781,656
45$2,431,424$735,907$457,490$1,875,608
46$2,611,920$704,458$405,307$1,977,715
47$2,808,700$669,341$349,249$2,088,823
48$3,023,359$630,309$289,120$2,209,868
49$3,257,650$587,103$224,714$2,341,883
50$3,513,504$539,445$155,816$2,486,013
51$3,793,049$487,045$82,203$2,643,520
52$4,098,624$429,594$3,641$2,815,802
53$4,432,806$366,767$0$3,004,402
54$4,798,432$298,218$0$3,218,727
55$5,198,627$223,586$0$3,453,835
56$5,636,830$142,485$0$3,711,482
57$6,116,831$54,511$0$3,993,997
58$6,642,800$0$0$4,303,947
59$7,219,333$0$0$4,658,523
60$7,851,490$0$0$5,068,425
61$8,544,844$0$0$5,518,082
62$9,305,534$0$0$6,011,483
63$10,140,322$0$0$6,553,023
64$11,056,655$0$0$7,147,544
65$12,062,737$0$0$7,800,379
66$13,167,607$0$0$8,517,402
67$14,381,219$0$0$9,305,085
68$15,714,541$0$0$10,170,557
69$17,179,654$0$0$11,121,673
70$18,789,869$0$0$12,167,084
71$20,559,850$0$0$13,316,324
72$22,505,751$0$0$14,579,895
73$24,645,371$0$0$15,969,367
74$26,998,320$0$0$17,497,489
75$29,586,201$0$0$19,178,305
76$32,432,819$0$0$21,027,290
77$35,564,401$0$0$23,061,496
78$39,009,841$0$0$25,299,707
79$42,800,980$0$0$27,762,622
80$46,972,897$0$0$30,473,049
81$51,564,245$0$0$33,456,117
82$56,617,615$0$0$36,739,514
83$62,179,933$0$0$40,353,750
84$68,302,909$0$0$44,332,442
85$75,043,517$0$0$48,712,634
86$82,464,540$0$0$53,535,141
87$90,635,154$0$0$58,844,939
88$99,631,587$0$0$64,691,586
89$109,537,833$0$0$71,129,692
90$120,446,446$0$0$78,219,432
91$132,459,414$0$0$86,027,111
92$145,689,119$0$0$94,625,797
93$160,259,397$0$0$104,096,003
94$176,306,708$0$0$114,526,448
95$193,981,422$0$0$126,014,897
96$213,449,237$0$0$138,669,081
97$234,892,743$0$0$152,607,712
98$258,513,145$0$0$167,961,607
99$284,532,159$0$0$184,874,918
100$313,194,110$0$0$203,506,496