Can I retire at age 30 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$70,192$69,567$68,957$68,362$67,780$66,521
2 years$34,749$34,101$33,474$32,866$32,276$31,012
3 years$22,936$22,286$21,660$21,058$20,477$19,248
4 years$17,030$16,382$15,763$15,171$14,605$13,419
5 years$13,488$12,844$12,233$11,653$11,102$9,964
6 years$11,127$10,488$9,886$9,319$8,785$7,696
7 years$9,442$8,808$8,215$7,661$7,144$6,104
8 years$8,178$7,550$6,967$6,427$5,927$4,936
9 years$7,196$6,574$6,001$5,474$4,991$4,048
10 years$6,410$5,794$5,232$4,719$4,253$3,357
11 years$5,768$5,158$4,606$4,107$3,658$2,808
12 years$5,234$4,630$4,088$3,602$3,170$2,365
13 years$4,781$4,184$3,652$3,180$2,764$2,004
14 years$4,394$3,803$3,281$2,823$2,423$1,705
15 years$4,059$3,474$2,963$2,518$2,133$1,457
16 years$3,766$3,188$2,686$2,254$1,885$1,248
17 years$3,507$2,936$2,444$2,026$1,672$1,073
18 years$3,278$2,713$2,231$1,825$1,486$924
19 years$3,073$2,514$2,043$1,649$1,325$797
20 years$2,889$2,336$1,875$1,494$1,183$689
21 years$2,722$2,176$1,724$1,356$1,059$596
22 years$2,571$2,031$1,589$1,233$949$517
23 years$2,433$1,900$1,467$1,123$852$448
24 years$2,307$1,780$1,357$1,024$766$389
25 years$2,191$1,670$1,257$935$689$338
26 years$2,085$1,570$1,166$855$621$294
27 years$1,986$1,478$1,082$783$560$256
28 years$1,894$1,392$1,006$717$505$223
29 years$1,809$1,313$936$658$456$194
30 years$1,730$1,240$872$603$412$169
31 years$1,656$1,173$813$554$373$147
32 years$1,587$1,109$759$509$337$128
33 years$1,522$1,051$708$468$305$112
34 years$1,461$996$662$431$276$98
35 years$1,404$945$619$397$250$85
36 years$1,350$897$579$365$227$74
37 years$1,299$851$542$337$205$65
38 years$1,251$809$507$310$186$57
39 years$1,205$769$475$286$169$49
40 years$1,162$732$446$264$153$43
41 years$1,121$697$418$243$139$38
42 years$1,082$664$392$225$126$33
43 years$1,045$632$368$207$114$29
44 years$1,010$603$345$192$104$25
45 years$976$575$324$177$94$22
46 years$944$548$304$163$86$19
47 years$914$523$286$151$78$17
48 years$885$500$269$139$71$15
49 years$857$477$253$129$64$13
50 years$830$456$238$119$58$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $850,000, adding $2,428 every year, while hoping to spend $46,305 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: 43/47/10 Blend
29$850,000$850,000$850,000$850,000
30$939,204$894,154$880,979$976,770
31$985,735$888,700$861,224$997,724
32$1,035,460$881,426$839,255$1,015,539
33$1,088,656$872,195$814,949$1,033,796
34$1,145,627$860,860$788,178$1,052,553
35$1,206,705$847,267$758,806$1,071,878
36$1,272,257$831,251$726,694$1,091,848
37$1,342,682$812,637$691,693$1,112,553
38$1,418,422$791,243$653,651$1,134,094
39$1,499,959$766,871$612,406$1,156,588
40$1,587,823$739,317$567,790$1,180,167
41$1,682,598$708,360$519,629$1,204,981
42$1,784,924$673,771$467,737$1,231,201
43$1,895,504$635,303$411,924$1,259,021
44$2,015,112$592,700$351,990$1,288,657
45$2,144,597$545,685$287,725$1,320,357
46$2,284,894$493,972$218,912$1,354,398
47$2,437,029$437,253$145,322$1,391,093
48$2,602,134$375,206$66,718$1,430,793
49$2,781,450$307,489$0$1,473,895
50$2,976,344$233,742$0$1,522,671
51$3,188,319$153,584$0$1,583,505
52$3,419,030$66,612$0$1,649,854
53$3,670,297$0$0$1,722,373
54$3,944,122$0$0$1,816,061
55$4,242,711$0$0$1,955,884
56$4,568,489$0$0$2,108,538
57$4,924,126$0$0$2,275,288
58$5,312,563$0$0$2,457,523
59$5,737,034$0$0$2,656,777
60$6,201,104$0$0$2,874,735
61$6,708,693$0$0$3,113,254
62$7,264,121$0$0$3,374,379
63$7,872,144$0$0$3,660,361
64$8,537,999$0$0$3,973,680
65$9,267,451$0$0$4,317,066
66$10,066,853$0$0$4,693,527
67$10,943,199$0$0$5,106,375
68$11,904,193$0$0$5,559,257
69$12,958,318$0$0$6,056,193
70$14,114,921$0$0$6,601,607
71$15,384,296$0$0$7,200,376
72$16,777,781$0$0$7,857,869
73$18,307,866$0$0$8,580,003
74$19,988,311$0$0$9,373,295
75$21,834,272$0$0$10,244,923
76$23,862,446$0$0$11,202,798
77$26,091,228$0$0$12,255,632
78$28,540,882$0$0$13,413,024
79$31,233,734$0$0$14,685,551
80$34,194,380$0$0$16,084,865
81$37,449,918$0$0$17,623,802
82$41,030,204$0$0$19,316,506
83$44,968,131$0$0$21,178,561
84$49,299,942$0$0$23,227,137
85$54,065,567$0$0$25,481,151
86$59,309,002$0$0$27,961,447
87$65,078,723$0$0$30,690,991
88$71,428,142$0$0$33,695,090
89$78,416,110$0$0$37,001,625
90$86,107,474$0$0$40,641,321
91$94,573,683$0$0$44,648,029
92$103,893,469$0$0$49,059,053
93$114,153,580$0$0$53,915,494
94$125,449,607$0$0$59,262,644
95$137,886,877$0$0$65,150,408
96$151,581,454$0$0$71,633,777
97$166,661,226$0$0$78,773,347
98$183,267,117$0$0$86,635,891
99$201,554,411$0$0$95,294,986
100$221,694,222$0$0$104,831,709