How Much Do You Need To Retire At Age 30 — Based On Simulations

Lianne & Justin @ Just into Data
Towards Data Science
4 min readDec 2, 2019

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Many people have the dream of quitting their job at a young age and traveling the world while remaining financially independent. How much money do you need to reach this goal?

In this article, we run a statistical (Monte Carlo) simulation to estimate the success rate of a retirement portfolio ($ to begin with, asset allocation) based on historical data.

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