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%19.6%
1 years$67,137$66,539$65,955$65,386$64,830$62,331
2 years$33,236$32,617$32,017$31,435$30,871$28,384
3 years$21,937$21,316$20,717$20,141$19,586$17,188
4 years$16,289$15,669$15,077$14,510$13,969$11,679
5 years$12,901$12,285$11,700$11,145$10,619$8,442
6 years$10,643$10,032$9,456$8,913$8,402$6,341
7 years$9,031$8,424$7,858$7,328$6,833$4,886
8 years$7,822$7,221$6,664$6,147$5,669$3,834
9 years$6,883$6,287$5,740$5,236$4,774$3,049
10 years$6,131$5,542$5,004$4,514$4,068$2,449
11 years$5,517$4,934$4,405$3,928$3,498$1,983
12 years$5,006$4,428$3,910$3,446$3,032$1,615
13 years$4,573$4,002$3,493$3,042$2,644$1,321
14 years$4,203$3,638$3,138$2,700$2,317$1,086
15 years$3,882$3,323$2,834$2,408$2,040$895
16 years$3,602$3,049$2,569$2,156$1,803$739
17 years$3,355$2,808$2,338$1,937$1,599$612
18 years$3,135$2,595$2,134$1,746$1,422$508
19 years$2,939$2,405$1,954$1,578$1,267$422
20 years$2,763$2,234$1,793$1,429$1,132$350
21 years$2,604$2,081$1,649$1,297$1,013$292
22 years$2,459$1,943$1,520$1,179$908$243
23 years$2,328$1,817$1,403$1,074$815$202
24 years$2,207$1,703$1,298$979$733$169
25 years$2,096$1,598$1,202$894$659$141
26 years$1,994$1,502$1,115$818$594$118
27 years$1,900$1,413$1,035$749$535$98
28 years$1,812$1,332$962$686$483$82
29 years$1,731$1,256$896$629$436$68
30 years$1,655$1,186$834$577$394$57
31 years$1,584$1,122$778$530$356$48
32 years$1,518$1,061$726$487$322$40
33 years$1,456$1,005$678$448$292$33
34 years$1,398$952$633$412$264$28
35 years$1,343$903$592$379$239$23
36 years$1,291$857$554$349$217$19
37 years$1,242$814$518$322$196$16
38 years$1,196$774$485$297$178$14
39 years$1,153$736$455$274$161$11
40 years$1,111$700$426$252$146$10
41 years$1,072$667$400$233$133$8
42 years$1,035$635$375$215$121$7
43 years$1,000$605$352$198$109$6
44 years$966$577$330$183$99$5
45 years$934$550$310$169$90$4
46 years$903$524$291$156$82$3
47 years$874$500$274$144$74$3
48 years$846$478$257$133$68$2
49 years$819$456$242$123$61$2
50 years$794$436$227$114$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $813,000, adding $6,156 every year, while hoping to spend $49,206 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: 26/47/27 Blend
29$813,000$813,000$813,000$813,000
30$902,276$859,187$846,585$917,988
31$941,953$848,932$822,591$921,045
32$984,029$836,526$796,144$919,701
33$1,028,694$821,811$767,110$917,241
34$1,076,161$804,620$735,348$913,605
35$1,126,660$784,776$700,712$908,732
36$1,180,442$762,093$663,050$902,558
37$1,237,785$736,373$622,199$895,021
38$1,298,990$707,407$577,994$886,057
39$1,364,389$674,971$530,258$875,603
40$1,434,345$638,833$478,810$863,597
41$1,509,256$598,744$423,459$849,978
42$1,589,559$554,442$364,004$834,685
43$1,675,734$505,649$300,237$817,662
44$1,768,306$452,073$231,942$798,854
45$1,867,852$393,403$158,891$778,210
46$1,975,005$329,313$80,847$755,684
47$2,090,463$259,456$0$731,237
48$2,214,988$183,467$0$705,539
49$2,349,421$100,961$0$702,762
50$2,494,683$11,530$0$699,655
51$2,651,790$0$0$696,296
52$2,821,855$0$0$736,872
53$3,006,103$0$0$787,406
54$3,205,882$0$0$842,318
55$3,422,672$0$0$902,032
56$3,658,104$0$0$967,011
57$3,913,969$0$0$1,037,766
58$4,192,238$0$0$1,114,861
59$4,495,081$0$0$1,198,913
60$4,824,883$0$0$1,290,604
61$5,184,272$0$0$1,390,683
62$5,576,136$0$0$1,499,977
63$6,003,658$0$0$1,619,393
64$6,470,337$0$0$1,749,931
65$6,980,028$0$0$1,892,694
66$7,536,974$0$0$2,048,892
67$8,145,845$0$0$2,219,862
68$8,811,784$0$0$2,407,073
69$9,540,454$0$0$2,612,145
70$10,338,088$0$0$2,836,859
71$11,211,553$0$0$3,083,180
72$12,168,410$0$0$3,353,271
73$13,216,984$0$0$3,649,512
74$14,366,446$0$0$3,974,527
75$15,626,895$0$0$4,331,205
76$17,009,454$0$0$4,722,731
77$18,526,376$0$0$5,152,608
78$20,191,156$0$0$5,624,701
79$22,018,658$0$0$6,143,262
80$24,025,258$0$0$6,712,979
81$26,228,992$0$0$7,339,014
82$28,649,733$0$0$8,027,057
83$31,309,368$0$0$8,783,374
84$34,232,013$0$0$9,614,867
85$37,444,234$0$0$10,529,144
86$40,975,299$0$0$11,534,585
87$44,857,454$0$0$12,640,421
88$49,126,222$0$0$13,856,826
89$53,820,743$0$0$15,195,008
90$58,984,141$0$0$16,667,315
91$64,663,926$0$0$18,287,353
92$70,912,446$0$0$20,070,114
93$77,787,379$0$0$22,032,116
94$85,352,274$0$0$24,191,561
95$93,677,151$0$0$26,568,502
96$102,839,162$0$0$29,185,038
97$112,923,318$0$0$32,065,516
98$124,023,285$0$0$35,236,767
99$136,242,276$0$0$38,728,353
100$149,694,015$0$0$42,572,850