Can I retire at age 30 with 851,000?

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 $851,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$70,275$69,649$69,038$68,442$67,860$67,095
2 years$34,789$34,142$33,514$32,905$32,314$31,545
3 years$22,963$22,312$21,686$21,082$20,501$19,751
4 years$17,050$16,402$15,782$15,189$14,622$13,896
5 years$13,504$12,859$12,247$11,666$11,115$10,416
6 years$11,140$10,500$9,897$9,330$8,795$8,123
7 years$9,453$8,818$8,225$7,670$7,153$6,508
8 years$8,188$7,559$6,975$6,435$5,934$5,317
9 years$7,204$6,581$6,008$5,481$4,997$4,408
10 years$6,418$5,801$5,238$4,725$4,258$3,696
11 years$5,775$5,164$4,611$4,112$3,662$3,127
12 years$5,240$4,635$4,092$3,607$3,173$2,664
13 years$4,787$4,189$3,656$3,184$2,767$2,283
14 years$4,399$3,808$3,285$2,826$2,426$1,967
15 years$4,064$3,478$2,966$2,521$2,136$1,701
16 years$3,770$3,191$2,689$2,257$1,888$1,476
17 years$3,512$2,939$2,447$2,028$1,674$1,285
18 years$3,282$2,716$2,234$1,828$1,488$1,121
19 years$3,077$2,517$2,045$1,651$1,326$980
20 years$2,892$2,339$1,877$1,496$1,185$858
21 years$2,726$2,179$1,726$1,357$1,060$753
22 years$2,574$2,034$1,591$1,234$950$662
23 years$2,436$1,902$1,469$1,124$853$582
24 years$2,310$1,782$1,359$1,025$767$512
25 years$2,194$1,672$1,258$936$690$452
26 years$2,087$1,572$1,167$856$622$398
27 years$1,988$1,479$1,084$784$560$352
28 years$1,897$1,394$1,007$718$506$311
29 years$1,812$1,315$938$658$457$274
30 years$1,732$1,242$873$604$413$243
31 years$1,658$1,174$814$555$373$215
32 years$1,589$1,111$760$510$337$190
33 years$1,524$1,052$709$469$305$168
34 years$1,463$997$663$431$276$149
35 years$1,406$946$620$397$250$132
36 years$1,352$898$580$366$227$117
37 years$1,301$852$542$337$206$103
38 years$1,252$810$508$311$186$92
39 years$1,207$770$476$286$169$81
40 years$1,163$733$446$264$153$72
41 years$1,122$698$418$244$139$64
42 years$1,083$664$392$225$126$57
43 years$1,046$633$368$208$115$50
44 years$1,011$603$346$192$104$44
45 years$977$575$325$177$94$39
46 years$945$549$305$164$86$35
47 years$915$524$286$151$78$31
48 years$886$500$269$140$71$28
49 years$858$478$253$129$64$24
50 years$831$456$238$119$58$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $851,000, adding $6,477 every year, while hoping to spend $44,465 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: 36/38/26 Blend
29$851,000$851,000$851,000$851,000
30$944,483$899,380$886,190$970,906
31$993,510$896,139$868,566$987,787
32$1,046,047$891,249$848,863$1,001,481
33$1,102,406$884,583$826,962$1,015,396
34$1,162,928$876,004$802,741$1,029,580
35$1,227,987$865,369$776,074$1,044,090
36$1,297,996$852,525$746,826$1,058,993
37$1,373,405$837,313$714,858$1,074,366
38$1,454,711$819,559$680,025$1,090,300
39$1,542,458$799,085$642,172$1,106,897
40$1,637,245$775,697$601,142$1,124,275
41$1,739,731$749,192$556,767$1,142,570
42$1,850,638$719,357$508,873$1,161,937
43$1,970,762$685,964$457,279$1,182,552
44$2,100,976$648,773$401,794$1,204,614
45$2,242,241$607,528$342,220$1,228,351
46$2,395,615$561,963$278,349$1,254,018
47$2,562,260$511,791$209,966$1,281,907
48$2,743,455$456,713$136,844$1,312,344
49$2,940,607$396,412$58,748$1,345,697
50$3,155,264$330,551$0$1,382,381
51$3,389,129$258,777$0$1,429,685
52$3,644,078$180,714$0$1,499,144
53$3,922,173$95,968$0$1,575,103
54$4,225,686$4,121$0$1,658,297
55$4,557,115$0$0$1,749,541
56$4,919,213$0$0$1,889,577
57$5,315,009$0$0$2,044,645
58$5,747,838$0$0$2,214,343
59$6,221,373$0$0$2,400,127
60$6,739,658$0$0$2,603,598
61$7,307,143$0$0$2,826,521
62$7,928,734$0$0$3,070,839
63$8,609,829$0$0$3,338,691
64$9,356,376$0$0$3,632,436
65$10,174,923$0$0$3,954,668
66$11,072,684$0$0$4,308,247
67$12,057,603$0$0$4,696,322
68$13,138,434$0$0$5,122,363
69$14,324,814$0$0$5,590,192
70$15,627,362$0$0$6,104,017
71$17,057,774$0$0$6,668,477
72$18,628,936$0$0$7,288,679
73$20,355,041$0$0$7,970,253
74$22,251,727$0$0$8,719,399
75$24,336,219$0$0$9,542,947
76$26,627,496$0$0$10,448,424
77$29,146,467$0$0$11,444,120
78$31,916,166$0$0$12,539,170
79$34,961,972$0$0$13,743,640
80$38,311,846$0$0$15,068,618
81$41,996,596$0$0$16,526,323
82$46,050,165$0$0$18,130,216
83$50,509,949$0$0$19,895,129
84$55,417,156$0$0$21,837,406
85$60,817,186$0$0$23,975,054
86$66,760,065$0$0$26,327,914
87$73,300,912$0$0$28,917,849
88$80,500,463$0$0$31,768,949
89$88,425,638$0$0$34,907,758
90$97,150,175$0$0$38,363,524
91$106,755,327$0$0$42,168,476
92$117,330,623$0$0$46,358,127
93$128,974,716$0$0$50,971,610
94$141,796,313$0$0$56,052,043
95$155,915,197$0$0$61,646,943
96$171,463,360$0$0$67,808,667
97$188,586,247$0$0$74,594,909
98$207,444,128$0$0$82,069,245
99$228,213,609$0$0$90,301,732
100$251,089,297$0$0$99,369,567