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%17.1%
1 years$67,054$66,457$65,874$65,305$64,750$62,879
2 years$33,195$32,577$31,978$31,397$30,833$28,963
3 years$21,910$21,289$20,692$20,116$19,562$17,751
4 years$16,269$15,650$15,058$14,493$13,952$12,214
5 years$12,885$12,270$11,686$11,132$10,606$8,947
6 years$10,630$10,019$9,444$8,902$8,392$6,812
7 years$9,020$8,414$7,848$7,319$6,825$5,325
8 years$7,812$7,212$6,656$6,140$5,662$4,241
9 years$6,874$6,280$5,733$5,230$4,768$3,424
10 years$6,124$5,535$4,998$4,508$4,063$2,794
11 years$5,510$4,928$4,400$3,923$3,494$2,299
12 years$5,000$4,423$3,905$3,441$3,028$1,904
13 years$4,568$3,997$3,489$3,038$2,640$1,585
14 years$4,198$3,633$3,135$2,697$2,315$1,325
15 years$3,877$3,319$2,830$2,405$2,038$1,111
16 years$3,597$3,045$2,566$2,154$1,801$935
17 years$3,351$2,804$2,335$1,935$1,597$788
18 years$3,132$2,591$2,131$1,744$1,420$666
19 years$2,936$2,402$1,951$1,576$1,266$564
20 years$2,760$2,232$1,791$1,427$1,131$478
21 years$2,601$2,079$1,647$1,295$1,012$405
22 years$2,456$1,940$1,518$1,178$907$344
23 years$2,325$1,815$1,402$1,072$814$293
24 years$2,204$1,700$1,296$978$732$249
25 years$2,093$1,596$1,201$893$658$212
26 years$1,991$1,500$1,114$817$593$180
27 years$1,897$1,411$1,034$748$535$154
28 years$1,810$1,330$961$685$482$131
29 years$1,729$1,255$895$628$436$112
30 years$1,653$1,185$833$576$394$95
31 years$1,582$1,120$777$529$356$81
32 years$1,516$1,060$725$487$322$69
33 years$1,454$1,004$677$447$291$59
34 years$1,396$951$632$412$264$50
35 years$1,341$902$591$379$239$43
36 years$1,290$856$553$349$216$37
37 years$1,241$813$518$322$196$31
38 years$1,195$773$485$296$178$27
39 years$1,151$735$454$273$161$23
40 years$1,110$699$426$252$146$19
41 years$1,071$666$399$233$133$17
42 years$1,034$634$374$215$120$14
43 years$998$604$351$198$109$12
44 years$965$576$330$183$99$10
45 years$933$549$310$169$90$9
46 years$902$524$291$156$82$8
47 years$873$500$273$144$74$6
48 years$845$477$257$133$67$6
49 years$818$456$241$123$61$5
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 $2,077 every year, while hoping to spend $51,910 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: 64/20/16 Blend
29$812,000$812,000$812,000$812,000
30$896,966$853,930$841,344$950,719
31$933,225$840,541$814,298$973,626
32$971,442$824,756$784,605$992,498
33$1,011,763$806,403$752,123$1,011,858
34$1,054,346$785,299$716,702$1,031,755
35$1,099,362$761,252$678,184$1,052,243
36$1,147,001$734,057$636,407$1,073,386
37$1,197,467$703,498$591,199$1,095,255
38$1,250,985$669,345$542,380$1,117,931
39$1,307,800$631,358$489,765$1,141,505
40$1,368,180$589,279$433,157$1,166,081
41$1,432,420$542,839$372,352$1,191,775
42$1,500,839$491,751$307,139$1,218,719
43$1,573,790$435,712$237,293$1,247,060
44$1,651,658$374,403$162,584$1,276,965
45$1,734,864$307,486$82,767$1,308,620
46$1,823,872$234,604$0$1,342,237
47$1,919,188$155,381$0$1,378,460
48$2,021,369$69,418$0$1,432,248
49$2,131,024$0$0$1,489,799
50$2,248,824$0$0$1,556,707
51$2,375,503$0$0$1,645,127
52$2,511,869$0$0$1,740,349
53$2,658,806$0$0$1,842,998
54$2,817,290$0$0$1,953,759
55$2,988,388$0$0$2,073,384
56$3,173,275$0$0$2,202,702
57$3,373,244$0$0$2,342,623
58$3,589,712$0$0$2,494,145
59$3,824,241$0$0$2,658,369
60$4,078,546$0$0$2,836,503
61$4,354,513$0$0$3,029,877
62$4,654,217$0$0$3,239,952
63$4,979,941$0$0$3,468,337
64$5,334,195$0$0$3,716,802
65$5,719,741$0$0$3,987,293
66$6,139,619$0$0$4,281,953
67$6,597,173$0$0$4,603,138
68$7,096,083$0$0$4,953,444
69$7,640,402$0$0$5,335,726
70$8,234,588$0$0$5,753,127
71$8,883,549$0$0$6,209,107
72$9,592,688$0$0$6,707,476
73$10,367,954$0$0$7,252,427
74$11,215,898$0$0$7,848,579
75$12,143,729$0$0$8,501,014
76$13,159,389$0$0$9,215,332
77$14,271,623$0$0$9,997,697
78$15,490,058$0$0$10,854,900
79$16,825,299$0$0$11,794,416
80$18,289,026$0$0$12,824,481
81$19,894,101$0$0$13,954,165
82$21,654,690$0$0$15,193,456
83$23,586,399$0$0$16,553,357
84$25,706,413$0$0$18,045,989
85$28,033,667$0$0$19,684,701
86$30,589,015$0$0$21,484,200
87$33,395,429$0$0$23,460,685
88$36,478,217$0$0$25,632,001
89$39,865,258$0$0$28,017,810
90$43,587,264$0$0$30,639,768
91$47,678,070$0$0$33,521,736
92$52,174,954$0$0$36,690,002
93$57,118,982$0$0$40,173,525
94$62,555,400$0$0$44,004,214
95$68,534,056$0$0$48,217,223
96$75,109,872$0$0$52,851,282
97$82,343,359$0$0$57,949,067
98$90,301,190$0$0$63,557,595
99$99,056,821$0$0$69,728,671
100$108,691,191$0$0$76,519,374