Can I retire at age 30 with 855,000?

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 $855,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$70,605$69,976$69,363$68,764$68,179$65,760
2 years$34,953$34,302$33,671$33,059$32,466$30,055
3 years$23,071$22,417$21,787$21,182$20,598$18,270
4 years$17,130$16,479$15,856$15,260$14,691$12,464
5 years$13,567$12,920$12,305$11,721$11,168$9,048
6 years$11,193$10,550$9,944$9,374$8,836$6,826
7 years$9,497$8,860$8,264$7,707$7,186$5,284
8 years$8,226$7,594$7,008$6,465$5,962$4,166
9 years$7,238$6,612$6,036$5,507$5,021$3,329
10 years$6,448$5,828$5,262$4,747$4,278$2,688
11 years$5,802$5,189$4,633$4,131$3,679$2,187
12 years$5,264$4,657$4,112$3,624$3,188$1,791
13 years$4,810$4,209$3,673$3,199$2,780$1,474
14 years$4,420$3,826$3,301$2,840$2,437$1,218
15 years$4,083$3,495$2,980$2,533$2,146$1,009
16 years$3,788$3,206$2,702$2,268$1,897$839
17 years$3,528$2,953$2,459$2,037$1,682$698
18 years$3,297$2,729$2,244$1,836$1,495$583
19 years$3,091$2,529$2,055$1,659$1,333$487
20 years$2,906$2,350$1,886$1,503$1,190$407
21 years$2,738$2,189$1,734$1,364$1,065$341
22 years$2,586$2,043$1,599$1,240$955$286
23 years$2,448$1,911$1,476$1,129$857$240
24 years$2,321$1,790$1,365$1,030$770$201
25 years$2,204$1,680$1,264$941$693$169
26 years$2,097$1,579$1,173$860$624$142
27 years$1,998$1,486$1,089$787$563$119
28 years$1,906$1,400$1,012$721$508$100
29 years$1,820$1,321$942$661$459$84
30 years$1,740$1,248$877$607$414$71
31 years$1,666$1,179$818$557$375$60
32 years$1,596$1,116$763$512$339$50
33 years$1,531$1,057$713$471$307$42
34 years$1,470$1,002$666$433$278$35
35 years$1,412$950$622$399$252$30
36 years$1,358$902$582$368$228$25
37 years$1,307$856$545$339$207$21
38 years$1,258$814$510$312$187$18
39 years$1,212$774$478$288$170$15
40 years$1,169$736$448$265$154$13
41 years$1,128$701$420$245$140$11
42 years$1,089$668$394$226$127$9
43 years$1,051$636$370$209$115$8
44 years$1,016$606$347$193$104$6
45 years$982$578$326$178$95$5
46 years$950$552$306$164$86$4
47 years$919$526$288$152$78$4
48 years$890$502$270$140$71$3
49 years$862$480$254$130$64$3
50 years$835$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 $855,000, adding $2,679 every year, while hoping to spend $52,271 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: 75/11/14 Blend
29$855,000$855,000$855,000$855,000
30$944,973$899,658$886,406$1,012,847
31$985,745$888,126$860,485$1,046,518
32$1,028,923$874,276$831,943$1,076,628
33$1,074,698$857,941$800,638$1,108,203
34$1,123,278$838,941$766,421$1,141,373
35$1,174,891$817,087$729,134$1,176,281
36$1,229,785$792,180$688,615$1,213,086
37$1,288,232$764,006$644,693$1,251,963
38$1,350,531$732,341$597,189$1,293,109
39$1,417,008$696,948$545,917$1,336,738
40$1,488,020$657,576$490,683$1,383,088
41$1,563,959$613,958$431,282$1,432,425
42$1,645,255$565,814$367,502$1,485,039
43$1,732,379$512,847$299,121$1,541,255
44$1,825,848$454,743$225,908$1,601,429
45$1,926,229$391,170$147,621$1,665,958
46$2,034,144$321,777$64,006$1,735,278
47$2,150,277$246,195$0$1,809,875
48$2,275,378$164,031$0$1,894,052
49$2,410,271$74,873$0$1,995,081
50$2,555,862$0$0$2,104,088
51$2,713,145$0$0$2,224,472
52$2,883,213$0$0$2,364,468
53$3,067,268$0$0$2,516,006
54$3,266,630$0$0$2,680,178
55$3,482,752$0$0$2,858,182
56$3,717,231$0$0$3,051,339
57$3,971,823$0$0$3,261,099
58$4,248,459$0$0$3,489,058
59$4,549,265$0$0$3,736,972
60$4,876,577$0$0$4,006,772
61$5,232,970$0$0$4,300,583
62$5,621,272$0$0$4,620,744
63$6,044,599$0$0$4,969,829
64$6,506,379$0$0$5,350,670
65$7,010,386$0$0$5,766,385
66$7,560,772$0$0$6,220,407
67$8,162,111$0$0$6,716,514
68$8,819,435$0$0$7,258,864
69$9,538,287$0$0$7,852,038
70$10,324,770$0$0$8,501,078
71$11,185,601$0$0$9,211,536
72$12,128,180$0$0$9,989,527
73$13,160,654$0$0$10,841,782
74$14,291,995$0$0$11,775,717
75$15,532,085$0$0$12,799,498
76$16,891,806$0$0$13,922,118
77$18,383,146$0$0$15,153,484
78$20,019,307$0$0$16,504,505
79$21,814,830$0$0$17,987,198
80$23,785,733$0$0$19,614,803
81$25,949,661$0$0$21,401,900
82$28,326,049$0$0$23,364,552
83$30,936,310$0$0$25,520,454
84$33,804,028$0$0$27,889,098
85$36,955,188$0$0$30,491,959
86$40,418,416$0$0$33,352,695
87$44,225,248$0$0$36,497,368
88$48,410,427$0$0$39,954,693
89$53,012,232$0$0$43,756,304
90$58,072,836$0$0$47,937,056
91$63,638,702$0$0$52,535,350
92$69,761,022$0$0$57,593,494
93$76,496,202$0$0$63,158,104
94$83,906,386$0$0$69,280,541
95$92,060,047$0$0$76,017,397
96$101,032,630$0$0$83,431,026
97$110,907,265$0$0$91,590,129
98$121,775,545$0$0$100,570,409
99$133,738,396$0$0$110,455,277
100$146,907,022$0$0$121,336,642