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%13.2%
1 years$67,137$66,539$65,955$65,386$64,830$63,967
2 years$33,236$32,617$32,017$31,435$30,871$30,003
3 years$21,937$21,316$20,717$20,141$19,586$18,740
4 years$16,289$15,669$15,077$14,510$13,969$13,151
5 years$12,901$12,285$11,700$11,145$10,619$9,832
6 years$10,643$10,032$9,456$8,913$8,402$7,647
7 years$9,031$8,424$7,858$7,328$6,833$6,110
8 years$7,822$7,221$6,664$6,147$5,669$4,978
9 years$6,883$6,287$5,740$5,236$4,774$4,114
10 years$6,131$5,542$5,004$4,514$4,068$3,439
11 years$5,517$4,934$4,405$3,928$3,498$2,900
12 years$5,006$4,428$3,910$3,446$3,032$2,463
13 years$4,573$4,002$3,493$3,042$2,644$2,105
14 years$4,203$3,638$3,138$2,700$2,317$1,807
15 years$3,882$3,323$2,834$2,408$2,040$1,557
16 years$3,602$3,049$2,569$2,156$1,803$1,347
17 years$3,355$2,808$2,338$1,937$1,599$1,168
18 years$3,135$2,595$2,134$1,746$1,422$1,015
19 years$2,939$2,405$1,954$1,578$1,267$885
20 years$2,763$2,234$1,793$1,429$1,132$772
21 years$2,604$2,081$1,649$1,297$1,013$675
22 years$2,459$1,943$1,520$1,179$908$591
23 years$2,328$1,817$1,403$1,074$815$517
24 years$2,207$1,703$1,298$979$733$454
25 years$2,096$1,598$1,202$894$659$398
26 years$1,994$1,502$1,115$818$594$350
27 years$1,900$1,413$1,035$749$535$308
28 years$1,812$1,332$962$686$483$271
29 years$1,731$1,256$896$629$436$238
30 years$1,655$1,186$834$577$394$210
31 years$1,584$1,122$778$530$356$185
32 years$1,518$1,061$726$487$322$163
33 years$1,456$1,005$678$448$292$144
34 years$1,398$952$633$412$264$127
35 years$1,343$903$592$379$239$112
36 years$1,291$857$554$349$217$98
37 years$1,242$814$518$322$196$87
38 years$1,196$774$485$297$178$77
39 years$1,153$736$455$274$161$68
40 years$1,111$700$426$252$146$60
41 years$1,072$667$400$233$133$53
42 years$1,035$635$375$215$121$46
43 years$1,000$605$352$198$109$41
44 years$966$577$330$183$99$36
45 years$934$550$310$169$90$32
46 years$903$524$291$156$82$28
47 years$874$500$274$144$74$25
48 years$846$478$257$133$68$22
49 years$819$456$242$123$61$19
50 years$794$436$227$114$56$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $813,000, adding $6,927 every year, while hoping to spend $54,603 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: 55/35/10 Blend
29$813,000$813,000$813,000$813,000
30$903,071$859,982$847,381$950,123
31$937,087$844,024$817,671$966,809
32$972,743$825,454$785,136$978,379
33$1,010,148$804,086$749,623$989,679
34$1,049,421$779,725$710,973$1,000,693
35$1,090,691$752,160$669,020$1,011,405
36$1,134,099$721,174$623,590$1,021,801
37$1,179,798$686,532$574,500$1,031,871
38$1,227,953$647,988$521,562$1,041,604
39$1,278,747$605,282$464,577$1,050,996
40$1,332,376$558,138$403,338$1,060,042
41$1,389,057$506,265$337,627$1,068,744
42$1,449,023$449,354$267,220$1,077,110
43$1,512,531$387,080$191,880$1,085,149
44$1,579,862$319,100$111,361$1,092,881
45$1,651,322$245,050$25,405$1,100,332
46$1,727,246$164,546$0$1,107,536
47$1,808,000$77,184$0$1,121,614
48$1,893,985$0$0$1,138,899
49$1,985,640$0$0$1,163,503
50$2,083,445$0$0$1,221,523
51$2,187,928$0$0$1,283,550
52$2,299,665$0$0$1,349,934
53$2,419,289$0$0$1,421,055
54$2,547,494$0$0$1,497,334
55$2,685,041$0$0$1,579,230
56$2,832,765$0$0$1,667,249
57$2,991,584$0$0$1,761,944
58$3,162,503$0$0$1,863,923
59$3,346,629$0$0$1,973,856
60$3,545,173$0$0$2,092,476
61$3,759,471$0$0$2,220,590
62$3,990,987$0$0$2,359,084
63$4,241,331$0$0$2,508,932
64$4,512,273$0$0$2,671,205
65$4,805,758$0$0$2,847,081
66$5,123,926$0$0$3,037,853
67$5,469,128$0$0$3,244,946
68$5,843,952$0$0$3,469,925
69$6,251,242$0$0$3,714,512
70$6,694,129$0$0$3,980,603
71$7,176,056$0$0$4,270,283
72$7,700,811$0$0$4,585,845
73$8,272,566$0$0$4,929,814
74$8,895,906$0$0$5,304,969
75$9,575,883$0$0$5,714,368
76$10,318,054$0$0$6,161,376
77$11,128,538$0$0$6,649,700
78$12,014,069$0$0$7,183,418
79$12,982,063$0$0$7,767,022
80$14,040,683$0$0$8,405,457
81$15,198,917$0$0$9,104,168
82$16,466,663$0$0$9,869,150
83$17,854,818$0$0$10,707,006
84$19,375,385$0$0$11,625,005
85$21,041,580$0$0$12,631,156
86$22,867,960$0$0$13,734,277
87$24,870,554$0$0$14,944,080
88$27,067,019$0$0$16,271,264
89$29,476,804$0$0$17,727,612
90$32,121,329$0$0$19,326,103
91$35,024,189$0$0$21,081,033
92$38,211,375$0$0$23,008,152
93$41,711,517$0$0$25,124,808
94$45,556,155$0$0$27,450,112
95$49,780,033$0$0$30,005,118
96$54,421,428$0$0$32,813,020
97$59,522,505$0$0$35,899,371
98$65,129,719$0$0$39,292,322
99$71,294,251$0$0$43,022,886
100$78,072,487$0$0$47,125,235