Can I retire at age 30 with 853,000?

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 $853,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$70,440$69,813$69,200$68,603$68,019$67,733
2 years$34,871$34,222$33,592$32,982$32,390$32,101
3 years$23,017$22,364$21,737$21,132$20,550$20,267
4 years$17,090$16,440$15,819$15,224$14,656$14,381
5 years$13,536$12,889$12,276$11,694$11,141$10,876
6 years$11,167$10,525$9,921$9,352$8,816$8,560
7 years$9,475$8,839$8,244$7,688$7,170$6,923
8 years$8,207$7,577$6,992$6,450$5,948$5,711
9 years$7,221$6,597$6,022$5,494$5,009$4,782
10 years$6,433$5,815$5,250$4,736$4,268$4,051
11 years$5,789$5,177$4,622$4,121$3,671$3,463
12 years$5,252$4,646$4,102$3,615$3,181$2,982
13 years$4,798$4,199$3,665$3,192$2,774$2,584
14 years$4,410$3,817$3,293$2,833$2,431$2,251
15 years$4,073$3,487$2,973$2,527$2,141$1,969
16 years$3,779$3,199$2,696$2,262$1,892$1,728
17 years$3,520$2,946$2,453$2,033$1,678$1,522
18 years$3,290$2,722$2,239$1,832$1,492$1,344
19 years$3,084$2,523$2,050$1,655$1,330$1,190
20 years$2,899$2,344$1,881$1,499$1,188$1,055
21 years$2,732$2,184$1,730$1,361$1,063$937
22 years$2,580$2,038$1,595$1,237$953$834
23 years$2,442$1,907$1,472$1,127$855$743
24 years$2,315$1,786$1,362$1,028$769$663
25 years$2,199$1,676$1,261$938$692$592
26 years$2,092$1,575$1,170$858$623$529
27 years$1,993$1,483$1,086$785$562$473
28 years$1,901$1,397$1,010$720$507$424
29 years$1,816$1,318$940$660$458$380
30 years$1,736$1,245$875$606$414$340
31 years$1,662$1,177$816$556$374$305
32 years$1,593$1,113$761$511$338$274
33 years$1,528$1,054$711$470$306$246
34 years$1,466$999$664$432$277$221
35 years$1,409$948$621$398$251$198
36 years$1,355$900$581$367$227$178
37 years$1,304$854$544$338$206$160
38 years$1,255$812$509$311$187$144
39 years$1,210$772$477$287$169$129
40 years$1,166$735$447$265$154$116
41 years$1,125$699$419$244$139$105
42 years$1,086$666$393$225$127$94
43 years$1,049$635$369$208$115$85
44 years$1,013$605$346$192$104$76
45 years$980$577$325$177$95$69
46 years$948$550$306$164$86$62
47 years$917$525$287$151$78$56
48 years$888$501$270$140$71$50
49 years$860$479$254$129$64$45
50 years$833$457$238$120$58$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $853,000, adding $3,640 every year, while hoping to spend $55,871 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: 58/27/15 Blend
29$853,000$853,000$853,000$853,000
30$943,761$898,552$885,330$994,668
31$980,578$883,134$855,542$1,014,109
32$1,019,278$865,089$822,884$1,028,816
33$1,059,994$844,228$787,200$1,043,549
34$1,102,871$820,352$748,329$1,058,320
35$1,148,065$793,252$706,100$1,073,143
36$1,195,750$762,703$660,336$1,088,039
37$1,246,112$728,471$610,853$1,103,031
38$1,299,356$690,306$557,457$1,118,149
39$1,355,703$647,945$499,945$1,133,431
40$1,415,399$601,107$438,107$1,148,919
41$1,478,707$549,500$371,721$1,164,667
42$1,545,920$492,810$300,558$1,180,736
43$1,617,354$430,708$224,378$1,197,199
44$1,693,358$362,847$142,928$1,214,141
45$1,774,312$288,857$55,948$1,231,660
46$1,860,633$208,352$0$1,249,871
47$1,952,776$120,920$0$1,274,807
48$2,051,243$26,129$0$1,310,656
49$2,156,580$0$0$1,348,675
50$2,269,389$0$0$1,411,835
51$2,390,330$0$0$1,487,917
52$2,520,124$0$0$1,569,620
53$2,659,565$0$0$1,657,449
54$2,809,525$0$0$1,751,961
55$2,970,960$0$0$1,853,764
56$3,144,919$0$0$1,963,529
57$3,332,555$0$0$2,081,992
58$3,535,137$0$0$2,209,961
59$3,754,055$0$0$2,348,324
60$3,990,841$0$0$2,498,057
61$4,247,176$0$0$2,660,236
62$4,524,910$0$0$2,836,038
63$4,826,074$0$0$3,026,763
64$5,152,905$0$0$3,233,838
65$5,507,863$0$0$3,458,832
66$5,893,650$0$0$3,703,472
67$6,313,244$0$0$3,969,659
68$6,769,917$0$0$4,259,483
69$7,267,271$0$0$4,575,243
70$7,809,270$0$0$4,919,472
71$8,400,277$0$0$5,294,954
72$9,045,092$0$0$5,704,758
73$9,748,999$0$0$6,152,258
74$10,517,817$0$0$6,641,169
75$11,357,947$0$0$7,175,583
76$12,276,442$0$0$7,760,003
77$13,281,062$0$0$8,399,388
78$14,380,356$0$0$9,099,198
79$15,583,732$0$0$9,865,446
80$16,901,556$0$0$10,704,752
81$18,345,238$0$0$11,624,407
82$19,927,347$0$0$12,632,442
83$21,661,725$0$0$13,737,701
84$23,563,615$0$0$14,949,924
85$25,649,808$0$0$16,279,839
86$27,938,799$0$0$17,739,263
87$30,450,957$0$0$19,341,214
88$33,208,720$0$0$21,100,029
89$36,236,807$0$0$23,031,502
90$39,562,443$0$0$25,153,033
91$43,215,622$0$0$27,483,788
92$47,229,387$0$0$30,044,882
93$51,640,138$0$0$32,859,576
94$56,487,976$0$0$35,953,498
95$61,817,080$0$0$39,354,881
96$67,676,124$0$0$43,094,829
97$74,118,733$0$0$47,207,614
98$81,203,986$0$0$51,730,992
99$88,996,977$0$0$56,706,562
100$97,569,423$0$0$62,180,160