Can I retire at age 30 with 839,000?

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 $839,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$69,284$68,667$68,065$67,477$66,903$65,154
2 years$34,299$33,660$33,041$32,441$31,859$30,108
3 years$22,639$21,997$21,380$20,785$20,212$18,515
4 years$16,810$16,170$15,559$14,975$14,416$12,785
5 years$13,313$12,678$12,074$11,502$10,959$9,399
6 years$10,983$10,352$9,758$9,198$8,671$7,185
7 years$9,320$8,694$8,109$7,562$7,052$5,638
8 years$8,072$7,452$6,877$6,344$5,850$4,509
9 years$7,103$6,489$5,923$5,404$4,927$3,656
10 years$6,327$5,719$5,164$4,658$4,198$2,996
11 years$5,694$5,092$4,546$4,054$3,610$2,476
12 years$5,166$4,570$4,035$3,556$3,129$2,060
13 years$4,720$4,130$3,605$3,139$2,728$1,723
14 years$4,337$3,754$3,239$2,787$2,392$1,447
15 years$4,006$3,429$2,924$2,485$2,106$1,220
16 years$3,717$3,146$2,651$2,225$1,861$1,032
17 years$3,462$2,898$2,413$1,999$1,650$874
18 years$3,236$2,678$2,202$1,802$1,467$743
19 years$3,033$2,482$2,016$1,628$1,308$632
20 years$2,851$2,306$1,850$1,475$1,168$538
21 years$2,687$2,148$1,702$1,338$1,045$459
22 years$2,538$2,005$1,569$1,217$937$392
23 years$2,402$1,875$1,448$1,108$841$335
24 years$2,277$1,757$1,339$1,011$756$287
25 years$2,163$1,649$1,241$923$680$245
26 years$2,058$1,550$1,151$844$613$210
27 years$1,960$1,458$1,068$772$552$180
28 years$1,870$1,374$993$708$498$154
29 years$1,786$1,296$924$649$450$132
30 years$1,708$1,224$861$596$407$113
31 years$1,635$1,157$803$547$368$97
32 years$1,567$1,095$749$503$333$83
33 years$1,503$1,037$699$462$301$72
34 years$1,442$983$653$425$273$61
35 years$1,386$932$611$392$247$53
36 years$1,333$885$571$361$224$45
37 years$1,282$840$535$332$203$39
38 years$1,235$799$501$306$184$33
39 years$1,190$760$469$282$167$29
40 years$1,147$723$440$260$151$25
41 years$1,107$688$412$240$137$21
42 years$1,068$655$387$222$124$18
43 years$1,032$624$363$205$113$16
44 years$997$595$341$189$103$13
45 years$964$567$320$175$93$12
46 years$932$541$300$161$84$10
47 years$902$517$282$149$77$8
48 years$873$493$265$138$70$7
49 years$846$471$249$127$63$6
50 years$819$450$234$118$57$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $839,000, adding $3,470 every year, while hoping to spend $32,408 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: 67/7/26 Blend
29$839,000$839,000$839,000$839,000
30$928,157$883,690$870,686$983,859
31$988,347$892,509$865,372$1,030,583
32$1,053,591$900,674$858,794$1,077,674
33$1,124,369$908,119$850,875$1,128,441
34$1,201,210$914,772$841,535$1,183,248
35$1,284,697$920,560$830,690$1,242,497
36$1,375,471$925,402$818,253$1,306,631
37$1,474,235$929,212$804,130$1,376,139
38$1,581,764$931,901$788,226$1,451,561
39$1,698,912$933,372$770,439$1,533,493
40$1,826,617$933,523$750,665$1,622,592
41$1,965,911$932,246$728,792$1,719,584
42$2,117,933$929,425$704,705$1,825,267
43$2,283,933$924,937$678,284$1,940,526
44$2,465,290$918,655$649,402$2,066,333
45$2,663,519$910,438$617,926$2,203,763
46$2,880,291$900,142$583,720$2,354,002
47$3,117,444$887,613$546,637$2,518,356
48$3,377,002$872,685$506,529$2,698,268
49$3,661,195$855,185$463,237$2,895,329
50$3,972,478$834,930$416,596$3,111,294
51$4,313,553$811,724$366,434$3,348,099
52$4,687,399$785,362$312,573$3,607,877
53$5,097,293$755,624$254,824$3,892,985
54$5,546,848$722,281$192,991$4,206,018
55$6,040,040$685,087$126,870$4,549,842
56$6,581,252$643,783$56,248$4,927,615
57$7,175,309$598,098$0$5,342,819
58$7,827,527$547,741$0$5,804,601
59$8,543,761$492,407$0$6,328,891
60$9,330,463$431,774$0$6,904,805
61$10,194,739$365,499$0$7,537,565
62$11,144,417$293,223$0$8,232,925
63$12,188,121$214,565$0$8,997,223
64$13,335,353$129,122$0$9,837,444
65$14,596,580$36,470$0$10,761,286
66$15,983,333$0$0$11,777,229
67$17,508,320$0$0$12,899,537
68$19,185,538$0$0$14,137,026
69$21,030,411$0$0$15,498,274
70$23,059,930$0$0$16,995,826
71$25,292,820$0$0$18,643,505
72$27,749,709$0$0$20,456,542
73$30,453,327$0$0$22,451,718
74$33,428,719$0$0$24,647,522
75$36,703,478$0$0$27,064,330
76$40,308,011$0$0$29,724,588
77$44,275,822$0$0$32,653,034
78$48,643,825$0$0$35,876,922
79$53,452,698$0$0$39,426,285
80$58,747,264$0$0$43,334,215
81$64,576,910$0$0$47,637,177
82$70,996,060$0$0$52,375,352
83$78,064,680$0$0$57,593,014
84$85,848,850$0$0$63,338,953
85$94,421,386$0$0$69,666,928
86$103,862,523$0$0$76,636,180
87$114,260,675$0$0$84,311,987
88$125,713,271$0$0$92,766,283
89$138,327,668$0$0$102,078,332
90$152,222,171$0$0$112,335,482
91$167,527,143$0$0$123,633,984
92$184,386,239$0$0$136,079,902
93$202,957,760$0$0$149,790,114
94$223,416,146$0$0$164,893,414
95$245,953,623$0$0$181,531,729
96$270,782,017$0$0$199,861,457
97$298,134,753$0$0$220,054,943
98$328,269,056$0$0$242,302,103
99$361,468,382$0$0$266,812,223
100$398,045,090$0$0$293,815,928