Can I retire at age 30 with 812,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $812,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$67,054$66,457$65,874$65,305$64,750$63,677
2 years$33,195$32,577$31,978$31,397$30,833$29,756
3 years$21,910$21,289$20,692$20,116$19,562$18,513
4 years$16,269$15,650$15,058$14,493$13,952$12,940
5 years$12,885$12,270$11,686$11,132$10,606$9,633
6 years$10,630$10,019$9,444$8,902$8,392$7,460
7 years$9,020$8,414$7,848$7,319$6,825$5,934
8 years$7,812$7,212$6,656$6,140$5,662$4,812
9 years$6,874$6,280$5,733$5,230$4,768$3,959
10 years$6,124$5,535$4,998$4,508$4,063$3,293
11 years$5,510$4,928$4,400$3,923$3,494$2,763
12 years$5,000$4,423$3,905$3,441$3,028$2,335
13 years$4,568$3,997$3,489$3,038$2,640$1,984
14 years$4,198$3,633$3,135$2,697$2,315$1,694
15 years$3,877$3,319$2,830$2,405$2,038$1,452
16 years$3,597$3,045$2,566$2,154$1,801$1,249
17 years$3,351$2,804$2,335$1,935$1,597$1,077
18 years$3,132$2,591$2,131$1,744$1,420$931
19 years$2,936$2,402$1,951$1,576$1,266$806
20 years$2,760$2,232$1,791$1,427$1,131$700
21 years$2,601$2,079$1,647$1,295$1,012$608
22 years$2,456$1,940$1,518$1,178$907$529
23 years$2,325$1,815$1,402$1,072$814$460
24 years$2,204$1,700$1,296$978$732$401
25 years$2,093$1,596$1,201$893$658$350
26 years$1,991$1,500$1,114$817$593$306
27 years$1,897$1,411$1,034$748$535$267
28 years$1,810$1,330$961$685$482$233
29 years$1,729$1,255$895$628$436$204
30 years$1,653$1,185$833$576$394$178
31 years$1,582$1,120$777$529$356$156
32 years$1,516$1,060$725$487$322$137
33 years$1,454$1,004$677$447$291$120
34 years$1,396$951$632$412$264$105
35 years$1,341$902$591$379$239$92
36 years$1,290$856$553$349$216$80
37 years$1,241$813$518$322$196$70
38 years$1,195$773$485$296$178$62
39 years$1,151$735$454$273$161$54
40 years$1,110$699$426$252$146$47
41 years$1,071$666$399$233$133$42
42 years$1,034$634$374$215$120$36
43 years$998$604$351$198$109$32
44 years$965$576$330$183$99$28
45 years$933$549$310$169$90$25
46 years$902$524$291$156$82$22
47 years$873$500$273$144$74$19
48 years$845$477$257$133$67$17
49 years$818$456$241$123$61$15
50 years$793$435$227$114$56$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $812,000, adding $5,426 every year, while hoping to spend $26,689 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: 57/38/5 Blend
29$812,000$812,000$812,000$812,000
30$900,421$857,385$844,799$950,577
31$963,867$871,000$844,703$998,519
32$1,032,890$884,387$843,709$1,047,230
33$1,108,031$897,508$841,759$1,099,631
34$1,189,884$910,321$838,792$1,156,075
35$1,279,105$922,779$834,744$1,216,952
36$1,376,413$934,835$829,548$1,282,692
37$1,482,603$946,437$823,133$1,353,769
38$1,598,546$957,530$815,426$1,430,706
39$1,725,204$968,055$806,349$1,514,079
40$1,863,635$977,950$795,822$1,604,523
41$2,015,003$987,147$783,759$1,702,739
42$2,180,591$995,575$770,073$1,809,499
43$2,361,811$1,003,158$754,670$1,925,656
44$2,560,218$1,009,815$737,453$2,052,149
45$2,777,523$1,015,459$718,321$2,190,013
46$3,015,612$1,019,998$697,167$2,340,391
47$3,276,563$1,023,336$673,880$2,504,543
48$3,562,661$1,025,368$648,344$2,683,859
49$3,876,425$1,025,984$620,436$2,879,869
50$4,220,630$1,025,067$590,031$3,094,264
51$4,598,332$1,022,493$556,994$3,328,907
52$5,012,896$1,018,129$521,188$3,585,852
53$5,468,030$1,011,836$482,466$3,867,365
54$5,967,818$1,003,465$440,677$4,175,944
55$6,516,758$992,858$395,663$4,514,344
56$7,119,808$979,848$347,258$4,885,604
57$7,782,427$964,259$295,289$5,293,074
58$8,510,629$945,902$239,576$5,740,447
59$9,311,041$924,579$179,930$6,231,798
60$10,190,963$900,080$116,154$6,771,619
61$11,158,439$872,181$48,042$7,364,861
62$12,222,329$840,647$0$8,016,986
63$13,392,396$805,229$0$8,735,330
64$14,679,397$765,662$0$9,528,039
65$16,095,183$721,667$0$10,399,880
66$17,652,812$672,948$0$11,358,938
67$19,366,670$619,194$0$12,414,124
68$21,252,609$560,074$0$13,575,265
69$23,328,097$495,238$0$14,853,192
70$25,612,377$424,320$0$16,259,848
71$28,126,656$346,927$0$17,808,397
72$30,894,298$262,650$0$19,513,352
73$33,941,050$171,053$0$21,390,712
74$37,295,279$71,677$0$23,458,112
75$40,988,246$0$0$25,734,996
76$45,054,394$0$0$28,257,832
77$49,531,677$0$0$31,068,850
78$54,461,918$0$0$34,164,346
79$59,891,201$0$0$37,573,267
80$65,870,307$0$0$41,327,508
81$72,455,193$0$0$45,462,218
82$79,707,520$0$0$50,016,127
83$87,695,234$0$0$55,031,912
84$96,493,208$0$0$60,556,603
85$106,183,947$0$0$66,642,022
86$116,858,366$0$0$73,345,276
87$128,616,652$0$0$80,729,295
88$141,569,202$0$0$88,863,421
89$155,837,673$0$0$97,824,070
90$171,556,123$0$0$107,695,447
91$188,872,280$0$0$118,570,344
92$207,948,934$0$0$130,551,015
93$228,965,474$0$0$143,750,139
94$252,119,582$0$0$158,291,885
95$277,629,098$0$0$174,313,085
96$305,734,074$0$0$191,964,524
97$336,699,042$0$0$211,412,362
98$370,815,510$0$0$232,839,704
99$408,404,712$0$0$256,448,328
100$449,820,642$0$0$282,460,590