Can I retire at age 30 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$66,889$66,293$65,712$65,145$64,591$62,978
2 years$33,113$32,497$31,899$31,319$30,757$29,143
3 years$21,856$21,237$20,641$20,067$19,514$17,948
4 years$16,229$15,611$15,021$14,457$13,917$12,412
5 years$12,853$12,240$11,657$11,104$10,580$9,139
6 years$10,604$9,994$9,421$8,880$8,371$6,997
7 years$8,997$8,393$7,829$7,301$6,808$5,501
8 years$7,793$7,195$6,639$6,125$5,648$4,406
9 years$6,857$6,264$5,718$5,217$4,756$3,580
10 years$6,109$5,522$4,985$4,497$4,053$2,939
11 years$5,497$4,916$4,389$3,914$3,486$2,434
12 years$4,987$4,412$3,895$3,433$3,020$2,029
13 years$4,556$3,987$3,480$3,031$2,634$1,700
14 years$4,187$3,624$3,127$2,690$2,309$1,431
15 years$3,868$3,311$2,823$2,399$2,033$1,209
16 years$3,589$3,038$2,560$2,148$1,797$1,024
17 years$3,342$2,797$2,329$1,930$1,593$870
18 years$3,124$2,585$2,126$1,739$1,416$741
19 years$2,929$2,396$1,946$1,572$1,263$632
20 years$2,753$2,226$1,786$1,424$1,128$539
21 years$2,594$2,074$1,643$1,292$1,009$461
22 years$2,450$1,936$1,514$1,175$905$395
23 years$2,319$1,810$1,398$1,070$812$338
24 years$2,199$1,696$1,293$976$730$290
25 years$2,088$1,592$1,198$891$657$249
26 years$1,987$1,496$1,111$815$592$214
27 years$1,892$1,408$1,031$746$533$183
28 years$1,805$1,327$959$683$481$158
29 years$1,724$1,252$892$627$435$135
30 years$1,649$1,182$831$575$393$116
31 years$1,578$1,117$775$528$355$100
32 years$1,512$1,057$723$485$321$86
33 years$1,451$1,001$675$446$291$74
34 years$1,393$949$631$411$263$64
35 years$1,338$900$590$378$238$55
36 years$1,286$854$552$348$216$47
37 years$1,238$811$516$321$196$41
38 years$1,192$771$484$296$177$35
39 years$1,149$733$453$273$161$30
40 years$1,107$698$425$251$146$26
41 years$1,068$664$398$232$132$22
42 years$1,031$632$373$214$120$19
43 years$996$603$350$198$109$17
44 years$962$574$329$183$99$14
45 years$930$548$309$169$90$12
46 years$900$523$290$156$82$11
47 years$871$499$273$144$74$9
48 years$843$476$256$133$67$8
49 years$816$455$241$123$61$7
50 years$791$434$226$114$55$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $810,000, adding $5,740 every year, while hoping to spend $45,648 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: 51/30/19 Blend
29$810,000$810,000$810,000$810,000
30$898,541$855,611$843,056$939,373
31$941,623$848,967$822,729$961,486
32$987,569$840,467$800,191$980,320
33$1,036,624$829,973$775,321$999,819
34$1,089,055$817,336$747,989$1,020,061
35$1,145,154$802,402$718,062$1,041,136
36$1,205,244$785,003$685,401$1,063,146
37$1,269,676$764,966$649,860$1,086,204
38$1,338,838$742,104$611,285$1,110,439
39$1,413,153$716,220$569,516$1,135,997
40$1,493,087$687,108$524,388$1,163,042
41$1,579,153$654,547$475,725$1,191,757
42$1,671,910$618,303$423,346$1,222,350
43$1,771,977$578,132$367,060$1,255,053
44$1,880,031$533,773$306,669$1,290,125
45$1,996,817$484,951$241,965$1,327,859
46$2,123,154$431,375$172,732$1,368,579
47$2,259,940$372,737$98,744$1,412,652
48$2,408,166$308,713$19,763$1,460,484
49$2,568,919$238,959$0$1,512,531
50$2,743,394$163,115$0$1,582,381
51$2,932,909$80,795$0$1,662,646
52$3,138,909$0$0$1,750,001
53$3,362,986$0$0$1,847,980
54$3,606,893$0$0$1,983,734
55$3,872,556$0$0$2,131,675
56$4,162,096$0$0$2,292,991
57$4,477,846$0$0$2,468,995
58$4,822,377$0$0$2,661,127
59$5,198,516$0$0$2,870,976
60$5,609,374$0$0$3,100,290
61$6,058,380$0$0$3,350,993
62$6,549,304$0$0$3,625,203
63$7,086,302$0$0$3,925,254
64$7,673,946$0$0$4,253,714
65$8,317,272$0$0$4,613,411
66$9,021,825$0$0$5,007,461
67$9,793,714$0$0$5,439,294
68$10,639,662$0$0$5,912,687
69$11,567,077$0$0$6,431,802
70$12,584,116$0$0$7,001,221
71$13,699,766$0$0$7,625,992
72$14,923,921$0$0$8,311,675
73$16,267,485$0$0$9,064,395
74$17,742,463$0$0$9,890,897
75$19,362,084$0$0$10,798,614
76$21,140,917$0$0$11,795,731
77$23,095,014$0$0$12,891,267
78$25,242,058$0$0$14,095,158
79$27,601,527$0$0$15,418,348
80$30,194,883$0$0$16,872,897
81$33,045,769$0$0$18,472,089
82$36,180,231$0$0$20,230,560
83$39,626,968$0$0$22,164,436
84$43,417,597$0$0$24,291,484
85$47,586,954$0$0$26,631,279
86$52,173,420$0$0$29,205,388
87$57,219,281$0$0$32,037,574
88$62,771,132$0$0$35,154,019
89$68,880,309$0$0$38,583,574
90$75,603,378$0$0$42,358,024
91$83,002,664$0$0$46,512,394
92$91,146,842$0$0$51,085,277
93$100,111,579$0$0$56,119,195
94$109,980,254$0$0$61,661,004
95$120,844,738$0$0$67,762,333
96$132,806,265$0$0$74,480,073
97$145,976,381$0$0$81,876,912
98$160,478,002$0$0$90,021,923
99$176,446,566$0$0$98,991,223
100$194,031,318$0$0$108,868,684