Can I retire at age 30 with 854,000?

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 $854,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$70,523$69,894$69,281$68,683$68,099$65,527
2 years$34,912$34,262$33,632$33,021$32,428$29,866
3 years$23,044$22,391$21,762$21,157$20,574$18,103
4 years$17,110$16,459$15,837$15,242$14,673$12,313
5 years$13,551$12,904$12,290$11,708$11,154$8,910
6 years$11,180$10,537$9,932$9,363$8,826$6,699
7 years$9,486$8,849$8,254$7,697$7,178$5,168
8 years$8,217$7,585$7,000$6,457$5,955$4,060
9 years$7,230$6,605$6,029$5,500$5,015$3,233
10 years$6,441$5,822$5,256$4,741$4,273$2,600
11 years$5,795$5,183$4,628$4,126$3,675$2,108
12 years$5,258$4,652$4,107$3,619$3,185$1,719
13 years$4,804$4,204$3,669$3,195$2,777$1,409
14 years$4,415$3,821$3,297$2,836$2,434$1,159
15 years$4,078$3,491$2,977$2,530$2,143$956
16 years$3,784$3,203$2,699$2,265$1,894$791
17 years$3,524$2,949$2,456$2,035$1,680$656
18 years$3,294$2,725$2,242$1,834$1,493$545
19 years$3,088$2,526$2,052$1,657$1,331$453
20 years$2,902$2,347$1,883$1,501$1,189$377
21 years$2,735$2,186$1,732$1,362$1,064$315
22 years$2,583$2,041$1,597$1,239$954$262
23 years$2,445$1,909$1,474$1,128$856$219
24 years$2,318$1,788$1,363$1,029$770$183
25 years$2,202$1,678$1,263$940$692$153
26 years$2,094$1,577$1,171$859$624$128
27 years$1,995$1,484$1,088$786$562$107
28 years$1,903$1,399$1,011$720$507$89
29 years$1,818$1,320$941$661$458$75
30 years$1,738$1,246$876$606$414$63
31 years$1,664$1,178$817$557$374$52
32 years$1,595$1,115$762$512$339$44
33 years$1,529$1,056$712$471$306$37
34 years$1,468$1,001$665$433$277$31
35 years$1,411$949$622$399$251$26
36 years$1,356$901$582$367$228$22
37 years$1,305$855$544$338$206$18
38 years$1,257$813$510$312$187$15
39 years$1,211$773$478$287$170$13
40 years$1,168$736$448$265$154$11
41 years$1,126$700$420$245$140$9
42 years$1,087$667$394$226$127$7
43 years$1,050$635$369$208$115$6
44 years$1,015$606$347$192$104$5
45 years$981$577$326$178$95$4
46 years$949$551$306$164$86$4
47 years$918$526$287$152$78$3
48 years$889$502$270$140$71$3
49 years$861$479$254$130$64$2
50 years$834$458$239$120$59$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $854,000, adding $2,753 every year, while hoping to spend $25,785 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: 67/12/21 Blend
29$854,000$854,000$854,000$854,000
30$943,948$898,686$885,449$1,002,024
31$1,012,795$915,286$887,676$1,057,890
32$1,087,801$931,836$889,114$1,115,735
33$1,169,566$948,305$889,709$1,178,380
34$1,258,752$964,662$889,404$1,246,297
35$1,356,086$980,872$888,140$1,320,006
36$1,462,370$996,898$885,856$1,400,080
37$1,578,485$1,012,700$882,486$1,487,153
38$1,705,404$1,028,235$877,962$1,581,920
39$1,844,194$1,043,457$872,213$1,685,150
40$1,996,033$1,058,318$865,164$1,797,690
41$2,162,218$1,072,765$856,736$1,920,473
42$2,344,175$1,086,741$846,847$2,054,528
43$2,543,476$1,100,187$835,412$2,200,989
44$2,761,851$1,113,037$822,339$2,361,107
45$3,001,208$1,125,224$807,535$2,536,260
46$3,263,645$1,136,674$790,902$2,727,967
47$3,551,475$1,147,308$772,335$2,937,904
48$3,867,243$1,157,045$751,726$3,167,917
49$4,213,756$1,165,794$728,963$3,420,041
50$4,594,103$1,173,461$703,927$3,696,521
51$5,011,688$1,179,947$676,494$3,999,829
52$5,470,259$1,185,143$646,536$4,332,693
53$5,973,946$1,188,937$613,916$4,698,119
54$6,527,301$1,191,206$578,494$5,099,419
55$7,135,333$1,191,823$540,122$5,540,247
56$7,803,566$1,190,651$498,644$6,024,628
57$8,538,082$1,187,546$453,901$6,557,001
58$9,345,583$1,182,352$405,724$7,142,259
59$10,233,453$1,174,908$353,936$7,785,794
60$11,209,826$1,165,039$298,353$8,493,550
61$12,283,664$1,152,562$238,784$9,272,082
62$13,464,843$1,137,282$175,029$10,128,611
63$14,764,242$1,118,994$106,877$11,071,099
64$16,193,848$1,097,478$34,111$12,108,323
65$17,766,868$1,072,503$0$13,249,955
66$19,497,857$1,043,823$0$14,516,414
67$21,402,847$1,011,179$0$15,918,488
68$23,499,507$974,297$0$17,461,535
69$25,807,303$932,884$0$19,159,891
70$28,347,687$886,634$0$21,029,354
71$31,144,293$835,221$0$23,087,335
72$34,223,164$778,301$0$25,353,018
73$37,612,999$715,509$0$27,847,546
74$41,345,417$646,461$0$30,594,216
75$45,455,262$570,751$0$33,618,704
76$49,980,929$487,948$0$36,949,302
77$54,964,725$397,598$0$40,617,191
78$60,453,269$299,222$0$44,656,730
79$66,497,932$192,314$0$49,105,785
80$73,155,321$76,337$0$54,006,082
81$80,487,813$0$0$59,403,606
82$88,564,146$0$0$65,355,539
83$97,460,061$0$0$71,922,650
84$107,259,024$0$0$79,156,482
85$118,053,010$0$0$87,124,943
86$129,943,369$0$0$95,902,864
87$143,041,788$0$0$105,572,705
88$157,471,337$0$0$116,225,334
89$173,367,637$0$0$127,960,884
90$190,880,138$0$0$140,889,698
91$210,173,528$0$0$155,133,370
92$231,429,288$0$0$170,825,894
93$254,847,404$0$0$188,114,926
94$280,648,256$0$0$207,163,181
95$309,074,697$0$0$228,149,964
96$340,394,346$0$0$251,272,867
97$374,902,110$0$0$276,749,632
98$412,922,974$0$0$304,820,206
99$454,815,063$0$0$335,749,004
100$500,973,024$0$0$369,827,410