Can I retire at age 30 with 813,000?

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 $813,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$67,137$66,539$65,955$65,386$64,830$62,233
2 years$33,236$32,617$32,017$31,435$30,871$28,288
3 years$21,937$21,316$20,717$20,141$19,586$17,097
4 years$16,289$15,669$15,077$14,510$13,969$11,593
5 years$12,901$12,285$11,700$11,145$10,619$8,363
6 years$10,643$10,032$9,456$8,913$8,402$6,267
7 years$9,031$8,424$7,858$7,328$6,833$4,818
8 years$7,822$7,221$6,664$6,147$5,669$3,772
9 years$6,883$6,287$5,740$5,236$4,774$2,992
10 years$6,131$5,542$5,004$4,514$4,068$2,397
11 years$5,517$4,934$4,405$3,928$3,498$1,936
12 years$5,006$4,428$3,910$3,446$3,032$1,572
13 years$4,573$4,002$3,493$3,042$2,644$1,283
14 years$4,203$3,638$3,138$2,700$2,317$1,051
15 years$3,882$3,323$2,834$2,408$2,040$864
16 years$3,602$3,049$2,569$2,156$1,803$712
17 years$3,355$2,808$2,338$1,937$1,599$587
18 years$3,135$2,595$2,134$1,746$1,422$486
19 years$2,939$2,405$1,954$1,578$1,267$402
20 years$2,763$2,234$1,793$1,429$1,132$333
21 years$2,604$2,081$1,649$1,297$1,013$277
22 years$2,459$1,943$1,520$1,179$908$230
23 years$2,328$1,817$1,403$1,074$815$191
24 years$2,207$1,703$1,298$979$733$159
25 years$2,096$1,598$1,202$894$659$132
26 years$1,994$1,502$1,115$818$594$110
27 years$1,900$1,413$1,035$749$535$91
28 years$1,812$1,332$962$686$483$76
29 years$1,731$1,256$896$629$436$63
30 years$1,655$1,186$834$577$394$53
31 years$1,584$1,122$778$530$356$44
32 years$1,518$1,061$726$487$322$37
33 years$1,456$1,005$678$448$292$30
34 years$1,398$952$633$412$264$25
35 years$1,343$903$592$379$239$21
36 years$1,291$857$554$349$217$18
37 years$1,242$814$518$322$196$15
38 years$1,196$774$485$297$178$12
39 years$1,153$736$455$274$161$10
40 years$1,111$700$426$252$146$8
41 years$1,072$667$400$233$133$7
42 years$1,035$635$375$215$121$6
43 years$1,000$605$352$198$109$5
44 years$966$577$330$183$99$4
45 years$934$550$310$169$90$3
46 years$903$524$291$156$82$3
47 years$874$500$274$144$74$2
48 years$846$478$257$133$68$2
49 years$819$456$242$123$61$2
50 years$794$436$227$114$56$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $813,000, adding $5,013 every year, while hoping to spend $38,441 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: 75/5/20 Blend
29$813,000$813,000$813,000$813,000
30$901,097$858,008$845,406$964,062
31$952,108$859,149$832,827$1,007,628
32$1,007,034$859,058$818,537$1,050,176
33$1,066,233$857,634$802,440$1,095,816
34$1,130,099$854,769$784,432$1,144,847
35$1,199,066$850,350$764,408$1,197,598
36$1,273,610$844,255$742,254$1,254,434
37$1,354,252$836,357$717,853$1,315,756
38$1,441,567$826,521$691,083$1,382,006
39$1,536,188$814,602$661,816$1,453,672
40$1,638,809$800,447$629,916$1,531,294
41$1,750,195$783,896$595,246$1,615,466
42$1,871,185$764,777$557,656$1,706,842
43$2,002,703$742,908$516,995$1,806,145
44$2,145,767$718,099$473,103$1,914,174
45$2,301,496$690,147$425,813$2,031,808
46$2,471,120$658,835$374,949$2,160,017
47$2,655,994$623,938$320,329$2,299,871
48$2,857,609$585,215$261,764$2,452,550
49$3,077,606$542,411$199,054$2,619,358
50$3,317,791$495,258$131,992$2,801,729
51$3,580,153$443,473$60,360$3,001,247
52$3,866,880$386,754$0$3,219,659
53$4,180,381$324,785$0$3,462,325
54$4,523,311$257,230$0$3,741,904
55$4,898,591$183,736$0$4,047,900
56$5,309,436$103,929$0$4,382,950
57$5,759,391$17,414$0$4,749,961
58$6,252,355$0$0$5,152,135
59$6,792,625$0$0$5,597,194
60$7,384,933$0$0$6,086,203
61$8,034,488$0$0$6,622,511
62$8,747,032$0$0$7,210,862
63$9,528,885$0$0$7,856,479
64$10,387,011$0$0$8,565,117
65$11,329,081$0$0$9,343,116
66$12,363,544$0$0$10,197,458
67$13,499,708$0$0$11,135,835
68$14,747,825$0$0$12,166,721
69$16,119,191$0$0$13,299,451
70$17,626,250$0$0$14,544,309
71$19,282,710$0$0$15,912,624
72$21,103,675$0$0$17,416,878
73$23,105,783$0$0$19,070,823
74$25,307,366$0$0$20,889,610
75$27,728,622$0$0$22,889,929
76$30,391,802$0$0$25,090,173
77$33,321,426$0$0$27,510,604
78$36,544,505$0$0$30,173,548
79$40,090,804$0$0$33,103,604
80$43,993,116$0$0$36,327,874
81$48,287,574$0$0$39,876,223
82$53,013,994$0$0$43,781,554
83$58,216,242$0$0$48,080,125
84$63,942,656$0$0$52,811,885
85$70,246,498$0$0$58,020,854
86$77,186,455$0$0$63,755,535
87$84,827,194$0$0$70,069,376
88$93,239,972$0$0$77,021,267
89$102,503,306$0$0$84,676,103
90$112,703,715$0$0$93,105,391
91$123,936,536$0$0$102,387,924
92$136,306,821$0$0$112,610,527
93$149,930,331$0$0$123,868,876
94$164,934,626$0$0$136,268,396
95$181,460,268$0$0$149,925,262
96$199,662,148$0$0$164,967,489
97$219,710,948$0$0$181,536,144
98$241,794,747$0$0$199,786,673
99$266,120,803$0$0$219,890,373
100$292,917,500$0$0$242,036,001