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%17.4%
1 years$67,054$66,457$65,874$65,305$64,750$62,803
2 years$33,195$32,577$31,978$31,397$30,833$28,888
3 years$21,910$21,289$20,692$20,116$19,562$17,680
4 years$16,269$15,650$15,058$14,493$13,952$12,147
5 years$12,885$12,270$11,686$11,132$10,606$8,883
6 years$10,630$10,019$9,444$8,902$8,392$6,753
7 years$9,020$8,414$7,848$7,319$6,825$5,269
8 years$7,812$7,212$6,656$6,140$5,662$4,189
9 years$6,874$6,280$5,733$5,230$4,768$3,376
10 years$6,124$5,535$4,998$4,508$4,063$2,750
11 years$5,510$4,928$4,400$3,923$3,494$2,258
12 years$5,000$4,423$3,905$3,441$3,028$1,866
13 years$4,568$3,997$3,489$3,038$2,640$1,550
14 years$4,198$3,633$3,135$2,697$2,315$1,293
15 years$3,877$3,319$2,830$2,405$2,038$1,083
16 years$3,597$3,045$2,566$2,154$1,801$909
17 years$3,351$2,804$2,335$1,935$1,597$765
18 years$3,132$2,591$2,131$1,744$1,420$645
19 years$2,936$2,402$1,951$1,576$1,266$544
20 years$2,760$2,232$1,791$1,427$1,131$460
21 years$2,601$2,079$1,647$1,295$1,012$390
22 years$2,456$1,940$1,518$1,178$907$330
23 years$2,325$1,815$1,402$1,072$814$280
24 years$2,204$1,700$1,296$978$732$238
25 years$2,093$1,596$1,201$893$658$202
26 years$1,991$1,500$1,114$817$593$171
27 years$1,897$1,411$1,034$748$535$146
28 years$1,810$1,330$961$685$482$124
29 years$1,729$1,255$895$628$436$105
30 years$1,653$1,185$833$576$394$90
31 years$1,582$1,120$777$529$356$76
32 years$1,516$1,060$725$487$322$65
33 years$1,454$1,004$677$447$291$55
34 years$1,396$951$632$412$264$47
35 years$1,341$902$591$379$239$40
36 years$1,290$856$553$349$216$34
37 years$1,241$813$518$322$196$29
38 years$1,195$773$485$296$178$25
39 years$1,151$735$454$273$161$21
40 years$1,110$699$426$252$146$18
41 years$1,071$666$399$233$133$15
42 years$1,034$634$374$215$120$13
43 years$998$604$351$198$109$11
44 years$965$576$330$183$99$9
45 years$933$549$310$169$90$8
46 years$902$524$291$156$82$7
47 years$873$500$273$144$74$6
48 years$845$477$257$133$67$5
49 years$818$456$241$123$61$4
50 years$793$435$227$114$56$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $812,000, adding $6,558 every year, while hoping to spend $31,449 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: 30/50/20 Blend
29$812,000$812,000$812,000$812,000
30$901,589$858,553$845,967$922,819
31$960,089$867,160$840,845$948,102
32$1,023,503$875,135$834,498$972,002
33$1,092,297$882,414$826,851$997,050
34$1,166,987$888,928$817,826$1,023,363
35$1,248,139$894,605$807,342$1,051,074
36$1,336,375$899,366$795,314$1,080,329
37$1,432,380$903,130$781,651$1,111,295
38$1,536,908$905,808$766,262$1,144,154
39$1,650,788$907,309$749,047$1,179,112
40$1,774,933$907,532$729,905$1,216,398
41$1,910,348$906,372$708,728$1,256,267
42$2,058,137$903,718$685,405$1,299,002
43$2,219,519$899,452$659,817$1,344,920
44$2,395,832$893,447$631,843$1,394,372
45$2,588,551$885,571$601,355$1,447,749
46$2,799,301$875,682$568,218$1,505,487
47$3,029,869$863,629$532,292$1,568,070
48$3,282,223$849,255$493,432$1,636,033
49$3,558,532$832,391$451,484$1,709,975
50$3,861,183$812,858$406,289$1,790,559
51$4,192,803$790,468$357,680$1,878,519
52$4,556,289$765,021$305,482$1,974,672
53$4,954,829$736,305$249,514$2,079,925
54$5,391,935$704,097$189,586$2,195,280
55$5,871,474$668,160$125,499$2,321,853
56$6,397,708$628,243$57,047$2,460,878
57$6,975,329$584,082$0$2,613,721
58$7,609,506$535,395$0$2,785,316
59$8,305,934$481,888$0$2,987,138
60$9,070,886$423,248$0$3,208,910
61$9,911,273$359,142$0$3,452,743
62$10,834,706$289,224$0$3,720,970
63$11,849,572$213,122$0$4,016,170
64$12,965,111$130,448$0$4,341,193
65$14,191,502$40,789$0$4,699,187
66$15,539,959$0$0$5,093,631
67$17,022,838$0$0$5,559,340
68$18,653,752$0$0$6,096,365
69$20,447,698$0$0$6,687,221
70$22,421,201$0$0$7,337,368
71$24,592,468$0$0$8,052,824
72$26,981,561$0$0$8,840,218
73$29,610,581$0$0$9,706,856
74$32,503,885$0$0$10,660,786
75$35,688,305$0$0$11,710,878
76$39,193,410$0$0$12,866,904
77$43,051,781$0$0$14,139,633
78$47,299,315$0$0$15,540,929
79$51,975,570$0$0$17,083,868
80$57,124,132$0$0$18,782,856
81$62,793,030$0$0$20,653,769
82$69,035,186$0$0$22,714,099
83$75,908,916$0$0$24,983,123
84$83,478,479$0$0$27,482,080
85$91,814,682$0$0$30,234,378
86$100,995,553$0$0$33,265,808
87$111,107,069$0$0$36,604,791
88$122,243,974$0$0$40,282,645
89$134,510,669$0$0$44,333,881
90$148,022,198$0$0$48,796,529
91$162,905,333$0$0$53,712,496
92$179,299,771$0$0$59,127,961
93$197,359,452$0$0$65,093,812
94$217,254,010$0$0$71,666,127
95$239,170,376$0$0$78,906,699
96$263,314,540$0$0$86,883,624
97$289,913,495$0$0$95,671,941
98$319,217,380$0$0$105,354,342
99$351,501,843$0$0$116,021,949
100$387,070,636$0$0$127,775,178