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%12.3%
1 years$67,137$66,539$65,955$65,386$64,830$64,206
2 years$33,236$32,617$32,017$31,435$30,871$30,243
3 years$21,937$21,316$20,717$20,141$19,586$18,973
4 years$16,289$15,669$15,077$14,510$13,969$13,375
5 years$12,901$12,285$11,700$11,145$10,619$10,047
6 years$10,643$10,032$9,456$8,913$8,402$7,852
7 years$9,031$8,424$7,858$7,328$6,833$6,305
8 years$7,822$7,221$6,664$6,147$5,669$5,163
9 years$6,883$6,287$5,740$5,236$4,774$4,291
10 years$6,131$5,542$5,004$4,514$4,068$3,606
11 years$5,517$4,934$4,405$3,928$3,498$3,058
12 years$5,006$4,428$3,910$3,446$3,032$2,612
13 years$4,573$4,002$3,493$3,042$2,644$2,245
14 years$4,203$3,638$3,138$2,700$2,317$1,939
15 years$3,882$3,323$2,834$2,408$2,040$1,681
16 years$3,602$3,049$2,569$2,156$1,803$1,463
17 years$3,355$2,808$2,338$1,937$1,599$1,277
18 years$3,135$2,595$2,134$1,746$1,422$1,117
19 years$2,939$2,405$1,954$1,578$1,267$980
20 years$2,763$2,234$1,793$1,429$1,132$861
21 years$2,604$2,081$1,649$1,297$1,013$757
22 years$2,459$1,943$1,520$1,179$908$667
23 years$2,328$1,817$1,403$1,074$815$589
24 years$2,207$1,703$1,298$979$733$520
25 years$2,096$1,598$1,202$894$659$460
26 years$1,994$1,502$1,115$818$594$407
27 years$1,900$1,413$1,035$749$535$360
28 years$1,812$1,332$962$686$483$319
29 years$1,731$1,256$896$629$436$283
30 years$1,655$1,186$834$577$394$251
31 years$1,584$1,122$778$530$356$223
32 years$1,518$1,061$726$487$322$198
33 years$1,456$1,005$678$448$292$176
34 years$1,398$952$633$412$264$156
35 years$1,343$903$592$379$239$139
36 years$1,291$857$554$349$217$123
37 years$1,242$814$518$322$196$109
38 years$1,196$774$485$297$178$97
39 years$1,153$736$455$274$161$87
40 years$1,111$700$426$252$146$77
41 years$1,072$667$400$233$133$68
42 years$1,035$635$375$215$121$61
43 years$1,000$605$352$198$109$54
44 years$966$577$330$183$99$48
45 years$934$550$310$169$90$43
46 years$903$524$291$156$82$38
47 years$874$500$274$144$74$34
48 years$846$478$257$133$68$30
49 years$819$456$242$123$61$27
50 years$794$436$227$114$56$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $813,000, adding $6,584 every year, while hoping to spend $40,300 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: 33/48/19 Blend
29$813,000$813,000$813,000$813,000
30$902,717$859,628$847,027$927,017
31$951,916$858,871$832,523$944,836
32$1,004,782$856,726$816,183$959,858
33$1,061,646$853,083$797,903$975,202
34$1,122,874$847,824$777,573$990,919
35$1,188,865$840,825$755,079$1,007,071
36$1,260,058$831,955$730,303$1,023,726
37$1,336,935$821,072$703,119$1,040,966
38$1,420,027$808,029$673,398$1,058,883
39$1,509,916$792,668$641,003$1,077,583
40$1,607,243$774,824$605,792$1,097,188
41$1,712,711$754,320$567,616$1,117,835
42$1,827,096$730,970$526,319$1,139,683
43$1,951,248$704,575$481,738$1,162,908
44$2,086,103$674,928$433,705$1,187,714
45$2,232,693$641,806$382,041$1,214,329
46$2,392,149$604,976$326,561$1,243,010
47$2,565,719$564,191$267,072$1,274,050
48$2,754,775$519,189$203,371$1,307,775
49$2,960,826$469,694$135,248$1,344,554
50$3,185,534$415,412$62,483$1,384,801
51$3,430,728$356,036$0$1,428,980
52$3,698,419$291,239$0$1,480,688
53$3,990,825$220,677$0$1,551,151
54$4,310,383$143,984$0$1,628,390
55$4,659,780$60,777$0$1,713,190
56$5,041,972$0$0$1,806,419
57$5,460,215$0$0$1,924,549
58$5,918,094$0$0$2,089,136
59$6,419,556$0$0$2,269,512
60$6,968,948$0$0$2,467,256
61$7,571,058$0$0$2,684,106
62$8,231,158$0$0$2,921,979
63$8,955,056$0$0$3,182,984
64$9,749,148$0$0$3,469,444
65$10,620,478$0$0$3,783,921
66$11,576,807$0$0$4,129,232
67$12,626,682$0$0$4,508,485
68$13,779,520$0$0$4,925,100
69$15,045,691$0$0$5,382,849
70$16,436,623$0$0$5,885,882
71$17,964,902$0$0$6,438,775
72$19,644,396$0$0$7,046,568
73$21,490,381$0$0$7,714,813
74$23,519,687$0$0$8,449,629
75$25,750,858$0$0$9,257,755
76$28,204,320$0$0$10,146,617
77$30,902,583$0$0$11,124,397
78$33,870,443$0$0$12,200,109
79$37,135,223$0$0$13,383,687
80$40,727,025$0$0$14,686,073
81$44,679,016$0$0$16,119,326
82$49,027,743$0$0$17,696,731
83$53,813,472$0$0$19,432,929
84$59,080,568$0$0$21,344,050
85$64,877,920$0$0$23,447,868
86$71,259,392$0$0$25,763,966
87$78,284,338$0$0$28,313,926
88$86,018,158$0$0$31,121,526
89$94,532,915$0$0$34,212,967
90$103,908,016$0$0$37,617,123
91$114,230,958$0$0$41,365,807
92$125,598,157$0$0$45,494,077
93$138,115,853$0$0$50,040,562
94$151,901,115$0$0$55,047,831
95$167,082,942$0$0$60,562,790
96$183,803,485$0$0$66,637,127
97$202,219,384$0$0$73,327,800
98$222,503,244$0$0$80,697,572
99$244,845,269$0$0$88,815,608
100$269,455,051$0$0$97,758,119