Can I retire at age 30 with 812,000?

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 $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%15.6%
1 years$67,054$66,457$65,874$65,305$64,750$63,262
2 years$33,195$32,577$31,978$31,397$30,833$29,342
3 years$21,910$21,289$20,692$20,116$19,562$18,114
4 years$16,269$15,650$15,058$14,493$13,952$12,559
5 years$12,885$12,270$11,686$11,132$10,606$9,272
6 years$10,630$10,019$9,444$8,902$8,392$7,118
7 years$9,020$8,414$7,848$7,319$6,825$5,611
8 years$7,812$7,212$6,656$6,140$5,662$4,508
9 years$6,874$6,280$5,733$5,230$4,768$3,673
10 years$6,124$5,535$4,998$4,508$4,063$3,026
11 years$5,510$4,928$4,400$3,923$3,494$2,513
12 years$5,000$4,423$3,905$3,441$3,028$2,102
13 years$4,568$3,997$3,489$3,038$2,640$1,768
14 years$4,198$3,633$3,135$2,697$2,315$1,493
15 years$3,877$3,319$2,830$2,405$2,038$1,266
16 years$3,597$3,045$2,566$2,154$1,801$1,076
17 years$3,351$2,804$2,335$1,935$1,597$917
18 years$3,132$2,591$2,131$1,744$1,420$784
19 years$2,936$2,402$1,951$1,576$1,266$671
20 years$2,760$2,232$1,791$1,427$1,131$575
21 years$2,601$2,079$1,647$1,295$1,012$494
22 years$2,456$1,940$1,518$1,178$907$424
23 years$2,325$1,815$1,402$1,072$814$365
24 years$2,204$1,700$1,296$978$732$314
25 years$2,093$1,596$1,201$893$658$270
26 years$1,991$1,500$1,114$817$593$233
27 years$1,897$1,411$1,034$748$535$201
28 years$1,810$1,330$961$685$482$173
29 years$1,729$1,255$895$628$436$150
30 years$1,653$1,185$833$576$394$129
31 years$1,582$1,120$777$529$356$112
32 years$1,516$1,060$725$487$322$96
33 years$1,454$1,004$677$447$291$83
34 years$1,396$951$632$412$264$72
35 years$1,341$902$591$379$239$62
36 years$1,290$856$553$349$216$54
37 years$1,241$813$518$322$196$46
38 years$1,195$773$485$296$178$40
39 years$1,151$735$454$273$161$35
40 years$1,110$699$426$252$146$30
41 years$1,071$666$399$233$133$26
42 years$1,034$634$374$215$120$22
43 years$998$604$351$198$109$19
44 years$965$576$330$183$99$17
45 years$933$549$310$169$90$15
46 years$902$524$291$156$82$13
47 years$873$500$273$144$74$11
48 years$845$477$257$133$67$9
49 years$818$456$241$123$61$8
50 years$793$435$227$114$56$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $812,000, adding $6,868 every year, while hoping to spend $27,323 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: 64/11/25 Blend
29$812,000$812,000$812,000$812,000
30$901,908$858,872$846,286$953,302
31$964,832$871,886$845,565$1,001,854
32$1,033,257$884,621$843,905$1,051,226
33$1,107,718$897,035$841,244$1,104,561
34$1,188,799$909,084$837,519$1,162,251
35$1,277,145$920,718$832,665$1,224,728
36$1,373,466$931,885$826,611$1,292,467
37$1,478,542$942,530$819,285$1,365,995
38$1,593,233$952,594$810,611$1,445,892
39$1,718,485$962,013$800,509$1,532,796
40$1,855,338$970,720$788,894$1,627,413
41$2,004,940$978,643$775,680$1,730,520
42$2,168,553$985,705$760,774$1,842,975
43$2,347,567$991,826$744,081$1,965,724
44$2,543,511$996,917$725,499$2,099,811
45$2,758,070$1,000,888$704,925$2,246,387
46$2,993,102$1,003,640$682,248$2,406,720
47$3,250,648$1,005,068$657,354$2,582,210
48$3,532,960$1,005,062$630,121$2,774,401
49$3,842,516$1,003,504$600,424$2,984,994
50$4,182,046$1,000,270$568,132$3,215,868
51$4,554,558$995,226$533,108$3,469,092
52$4,963,363$988,232$495,207$3,746,950
53$5,412,110$979,140$454,280$4,051,957
54$5,904,818$967,789$410,171$4,386,890
55$6,445,912$954,014$362,715$4,754,810
56$7,040,271$937,637$311,741$5,159,092
57$7,693,265$918,468$257,072$5,603,456
58$8,410,815$896,309$198,520$6,092,006
59$9,199,438$870,948$135,890$6,629,265
60$10,066,319$842,163$68,981$7,220,222
61$11,019,370$809,716$0$7,870,376
62$12,067,311$773,357$0$8,586,436
63$13,219,747$732,822$0$9,394,119
64$14,487,261$687,829$0$10,282,436
65$15,881,512$638,084$0$11,259,577
66$17,415,349$583,273$0$12,334,565
67$19,102,926$523,064$0$13,517,345
68$20,959,838$457,108$0$14,818,876
69$23,003,271$385,036$0$16,251,235
70$25,252,158$306,456$0$17,827,729
71$27,727,362$220,956$0$19,563,024
72$30,451,870$128,100$0$21,473,283
73$33,451,013$27,429$0$23,576,316
74$36,752,698$0$0$25,891,751
75$40,387,681$0$0$28,451,087
76$44,389,848$0$0$31,272,679
77$48,796,538$0$0$34,379,540
78$53,648,897$0$0$37,800,687
79$58,992,263$0$0$41,568,097
80$64,876,594$0$0$45,717,002
81$71,356,941$0$0$50,286,227
82$78,493,965$0$0$55,318,555
83$86,354,513$0$0$60,861,130
84$95,012,243$0$0$66,965,900
85$104,548,323$0$0$73,690,109
86$115,052,194$0$0$81,096,840
87$126,622,420$0$0$89,255,602
88$139,367,607$0$0$98,242,995
89$153,407,439$0$0$108,143,427
90$168,873,801$0$0$119,049,912
91$185,912,023$0$0$131,064,947
92$204,682,257$0$0$144,301,483
93$225,360,982$0$0$158,883,984
94$248,142,673$0$0$174,949,608
95$273,241,634$0$0$192,649,499
96$300,894,024$0$0$212,150,213
97$331,360,083$0$0$233,635,289
98$364,926,589$0$0$257,306,984
99$401,909,562$0$0$283,388,180
100$442,657,254$0$0$312,124,488