Can I retire at age 30 with 899,000?

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 $899,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$74,239$73,577$72,932$72,302$71,688$70,733
2 years$36,752$36,067$35,404$34,761$34,137$33,177
3 years$24,258$23,570$22,909$22,272$21,658$20,722
4 years$18,012$17,327$16,672$16,045$15,447$14,542
5 years$14,266$13,584$12,938$12,324$11,742$10,872
6 years$11,769$11,093$10,456$9,856$9,291$8,456
7 years$9,986$9,316$8,689$8,103$7,556$6,756
8 years$8,650$7,985$7,369$6,797$6,269$5,504
9 years$7,611$6,953$6,347$5,790$5,279$4,550
10 years$6,780$6,128$5,533$4,991$4,498$3,803
11 years$6,101$5,456$4,871$4,344$3,868$3,207
12 years$5,535$4,897$4,323$3,810$3,352$2,724
13 years$5,057$4,425$3,862$3,364$2,923$2,327
14 years$4,647$4,022$3,470$2,986$2,563$1,998
15 years$4,293$3,675$3,133$2,663$2,256$1,722
16 years$3,983$3,371$2,841$2,384$1,994$1,489
17 years$3,710$3,105$2,585$2,142$1,768$1,291
18 years$3,467$2,869$2,360$1,931$1,572$1,123
19 years$3,250$2,659$2,160$1,744$1,401$978
20 years$3,055$2,471$1,983$1,580$1,252$854
21 years$2,879$2,302$1,824$1,434$1,120$746
22 years$2,719$2,148$1,681$1,304$1,004$653
23 years$2,574$2,009$1,552$1,187$901$572
24 years$2,440$1,883$1,435$1,083$810$502
25 years$2,318$1,767$1,329$989$729$441
26 years$2,205$1,660$1,233$904$657$387
27 years$2,100$1,563$1,145$828$592$340
28 years$2,004$1,473$1,064$758$534$299
29 years$1,914$1,389$990$695$482$263
30 years$1,830$1,312$923$638$436$232
31 years$1,752$1,240$860$586$394$204
32 years$1,679$1,173$802$539$356$180
33 years$1,610$1,111$749$495$323$159
34 years$1,546$1,053$700$456$292$140
35 years$1,485$999$654$420$265$123
36 years$1,428$948$612$386$240$109
37 years$1,374$901$573$356$217$96
38 years$1,323$856$537$328$197$85
39 years$1,275$814$503$303$179$75
40 years$1,229$774$471$279$162$66
41 years$1,186$737$442$258$147$58
42 years$1,145$702$415$238$133$51
43 years$1,105$669$389$219$121$45
44 years$1,068$638$365$203$110$40
45 years$1,033$608$343$187$100$35
46 years$999$580$322$173$91$31
47 years$966$553$302$160$82$28
48 years$936$528$284$148$75$24
49 years$906$505$267$136$68$22
50 years$878$482$251$126$62$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $899,000, adding $2,367 every year, while hoping to spend $45,337 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: 42/31/27 Blend
29$899,000$899,000$899,000$899,000
30$993,140$945,493$931,558$1,026,912
31$1,046,202$943,583$914,527$1,049,498
32$1,103,156$940,061$895,406$1,069,480
33$1,164,353$934,799$874,077$1,090,246
34$1,230,175$927,663$850,417$1,111,897
35$1,301,044$918,509$824,296$1,134,544
36$1,377,421$907,186$795,580$1,158,314
37$1,459,814$893,534$764,128$1,183,352
38$1,548,780$877,383$729,792$1,209,818
39$1,644,933$858,552$692,418$1,237,896
40$1,748,947$836,851$651,844$1,267,790
41$1,861,561$812,079$607,903$1,299,729
42$1,983,590$784,020$560,417$1,333,973
43$2,115,928$752,449$509,203$1,370,810
44$2,259,561$717,127$454,069$1,410,566
45$2,415,569$677,800$394,814$1,453,602
46$2,585,145$634,200$331,228$1,500,324
47$2,769,598$586,044$263,093$1,551,186
48$2,970,370$533,033$190,179$1,606,693
49$3,189,046$474,849$112,248$1,667,411
50$3,427,371$411,160$29,051$1,733,968
51$3,687,266$341,610$0$1,807,067
52$3,970,845$265,827$0$1,904,698
53$4,280,435$183,416$0$2,020,572
54$4,618,597$93,960$0$2,147,359
55$4,988,150$0$0$2,286,222
56$5,392,199$0$0$2,439,462
57$5,834,162$0$0$2,642,248
58$6,317,801$0$0$2,864,267
59$6,847,261$0$0$3,107,437
60$7,427,105$0$0$3,373,867
61$8,062,358$0$0$3,665,881
62$8,758,554$0$0$3,986,039
63$9,521,788$0$0$4,337,159
64$10,358,773$0$0$4,722,347
65$11,276,901$0$0$5,145,022
66$12,284,316$0$0$5,608,951
67$13,389,989$0$0$6,118,284
68$14,603,800$0$0$6,677,591
69$15,936,632$0$0$7,291,908
70$17,400,475$0$0$7,966,781
71$19,008,538$0$0$8,708,321
72$20,775,368$0$0$9,523,258
73$22,716,996$0$0$10,419,011
74$24,851,081$0$0$11,403,747
75$27,197,076$0$0$12,486,470
76$29,776,414$0$0$13,677,097
77$32,612,710$0$0$14,986,552
78$35,731,980$0$0$16,426,876
79$39,162,888$0$0$18,011,331
80$42,937,015$0$0$19,754,531
81$47,089,158$0$0$21,672,578
82$51,657,656$0$0$23,783,213
83$56,684,750$0$0$26,105,984
84$62,216,985$0$0$28,662,429
85$68,305,646$0$0$31,476,282
86$75,007,240$0$0$34,573,691
87$82,384,030$0$0$37,983,470
88$90,504,623$0$0$41,737,371
89$99,444,616$0$0$45,870,376
90$109,287,307$0$0$50,421,035
91$120,124,481$0$0$55,431,825
92$132,057,278$0$0$60,949,553
93$145,197,144$0$0$67,025,796
94$159,666,881$0$0$73,717,385
95$175,601,810$0$0$81,086,949
96$193,151,042$0$0$89,203,495
97$212,478,889$0$0$98,143,067
98$233,766,408$0$0$107,989,462
99$257,213,116$0$0$118,835,016
100$283,038,869$0$0$130,781,482