Can I retire at age 30 with 813,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%11.6%
1 years$67,137$66,539$65,955$65,386$64,830$64,394
2 years$33,236$32,617$32,017$31,435$30,871$30,432
3 years$21,937$21,316$20,717$20,141$19,586$19,157
4 years$16,289$15,669$15,077$14,510$13,969$13,553
5 years$12,901$12,285$11,700$11,145$10,619$10,217
6 years$10,643$10,032$9,456$8,913$8,402$8,016
7 years$9,031$8,424$7,858$7,328$6,833$6,462
8 years$7,822$7,221$6,664$6,147$5,669$5,312
9 years$6,883$6,287$5,740$5,236$4,774$4,433
10 years$6,131$5,542$5,004$4,514$4,068$3,741
11 years$5,517$4,934$4,405$3,928$3,498$3,186
12 years$5,006$4,428$3,910$3,446$3,032$2,734
13 years$4,573$4,002$3,493$3,042$2,644$2,360
14 years$4,203$3,638$3,138$2,700$2,317$2,047
15 years$3,882$3,323$2,834$2,408$2,040$1,784
16 years$3,602$3,049$2,569$2,156$1,803$1,560
17 years$3,355$2,808$2,338$1,937$1,599$1,368
18 years$3,135$2,595$2,134$1,746$1,422$1,203
19 years$2,939$2,405$1,954$1,578$1,267$1,060
20 years$2,763$2,234$1,793$1,429$1,132$936
21 years$2,604$2,081$1,649$1,297$1,013$828
22 years$2,459$1,943$1,520$1,179$908$733
23 years$2,328$1,817$1,403$1,074$815$651
24 years$2,207$1,703$1,298$979$733$578
25 years$2,096$1,598$1,202$894$659$514
26 years$1,994$1,502$1,115$818$594$457
27 years$1,900$1,413$1,035$749$535$407
28 years$1,812$1,332$962$686$483$362
29 years$1,731$1,256$896$629$436$323
30 years$1,655$1,186$834$577$394$288
31 years$1,584$1,122$778$530$356$257
32 years$1,518$1,061$726$487$322$230
33 years$1,456$1,005$678$448$292$205
34 years$1,398$952$633$412$264$183
35 years$1,343$903$592$379$239$164
36 years$1,291$857$554$349$217$146
37 years$1,242$814$518$322$196$131
38 years$1,196$774$485$297$178$117
39 years$1,153$736$455$274$161$105
40 years$1,111$700$426$252$146$94
41 years$1,072$667$400$233$133$84
42 years$1,035$635$375$215$121$75
43 years$1,000$605$352$198$109$67
44 years$966$577$330$183$99$60
45 years$934$550$310$169$90$54
46 years$903$524$291$156$82$48
47 years$874$500$274$144$74$43
48 years$846$478$257$133$68$39
49 years$819$456$242$123$61$35
50 years$794$436$227$114$56$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $813,000, adding $2,143 every year, while hoping to spend $29,573 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: 61/34/5 Blend
29$813,000$813,000$813,000$813,000
30$898,137$855,048$842,446$952,062
31$958,281$865,479$839,203$998,758
32$1,023,569$875,431$834,859$1,046,051
33$1,094,494$884,848$829,348$1,096,884
34$1,171,599$893,672$822,598$1,151,599
35$1,255,481$901,841$814,533$1,210,570
36$1,346,796$909,288$805,077$1,274,212
37$1,446,269$915,942$794,146$1,342,981
38$1,554,693$921,728$781,655$1,417,381
39$1,672,946$926,567$767,514$1,497,967
40$1,801,990$930,372$751,629$1,585,351
41$1,942,886$933,053$733,902$1,680,210
42$2,096,802$934,515$714,229$1,783,289
43$2,265,023$934,653$692,504$1,895,410
44$2,448,965$933,361$668,612$2,017,479
45$2,650,185$930,522$642,437$2,150,498
46$2,870,400$926,013$613,854$2,295,569
47$3,111,499$919,706$582,736$2,453,910
48$3,375,561$911,461$548,947$2,626,863
49$3,664,879$901,133$512,348$2,815,908
50$3,981,975$888,567$472,790$3,022,680
51$4,329,628$873,598$430,120$3,248,980
52$4,710,899$856,053$384,177$3,496,794
53$5,129,158$835,747$334,795$3,768,315
54$5,588,118$812,485$281,797$4,065,960
55$6,091,870$786,061$225,001$4,392,396
56$6,644,918$756,255$164,216$4,750,562
57$7,252,225$722,837$99,242$5,143,703
58$7,919,257$685,561$29,872$5,575,395
59$8,652,037$644,169$0$6,049,582
60$9,457,198$598,387$0$6,572,972
61$10,342,049$547,924$0$7,149,859
62$11,314,642$492,476$0$7,783,952
63$12,383,847$431,719$0$8,481,098
64$13,559,436$365,311$0$9,247,745
65$14,852,178$292,890$0$10,091,002
66$16,273,934$214,076$0$11,018,707
67$17,837,775$128,465$0$12,039,503
68$19,558,100$35,632$0$13,162,918
69$21,450,776$0$0$14,399,457
70$23,533,284$0$0$15,784,973
71$25,824,886$0$0$17,324,344
72$28,346,804$0$0$19,018,505
73$31,122,422$0$0$20,883,172
74$34,177,507$0$0$22,935,666
75$37,540,450$0$0$25,195,071
76$41,242,533$0$0$27,682,414
77$45,318,227$0$0$30,420,865
78$49,805,514$0$0$33,435,956
79$54,746,247$0$0$36,755,819
80$60,186,541$0$0$40,411,455
81$66,177,216$0$0$44,437,021
82$72,774,266$0$0$48,870,158
83$80,039,395$0$0$53,752,343
84$88,040,595$0$0$59,129,280
85$96,852,789$0$0$65,051,332
86$106,558,536$0$0$71,573,995
87$117,248,812$0$0$78,758,424
88$129,023,868$0$0$86,672,007
89$141,994,173$0$0$95,389,002
90$156,281,460$0$0$104,991,239
91$172,019,873$0$0$115,568,890
92$189,357,231$0$0$127,221,321
93$208,456,427$0$0$140,058,028
94$229,496,961$0$0$154,199,673
95$252,676,636$0$0$169,779,221
96$278,213,423$0$0$186,943,196
97$306,347,522$0$0$205,853,061
98$337,343,623$0$0$226,686,744
99$371,493,408$0$0$249,640,318
100$409,118,306$0$0$274,929,849