Can I retire at age 30 with 814,000?

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 $814,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$67,219$66,621$66,036$65,466$64,910$63,059
2 years$33,277$32,657$32,057$31,474$30,909$29,060
3 years$21,964$21,342$20,743$20,166$19,610$17,819
4 years$16,309$15,688$15,095$14,528$13,986$12,267
5 years$12,917$12,300$11,715$11,159$10,632$8,990
6 years$10,656$10,044$9,467$8,924$8,413$6,849
7 years$9,042$8,435$7,867$7,337$6,842$5,357
8 years$7,832$7,230$6,672$6,155$5,676$4,268
9 years$6,891$6,295$5,747$5,243$4,780$3,449
10 years$6,139$5,549$5,010$4,519$4,073$2,816
11 years$5,524$4,940$4,411$3,933$3,503$2,318
12 years$5,012$4,434$3,914$3,450$3,035$1,921
13 years$4,579$4,007$3,497$3,046$2,647$1,600
14 years$4,208$3,642$3,142$2,704$2,320$1,339
15 years$3,887$3,327$2,837$2,411$2,043$1,124
16 years$3,606$3,053$2,572$2,159$1,806$946
17 years$3,359$2,811$2,341$1,940$1,601$798
18 years$3,139$2,598$2,137$1,748$1,423$675
19 years$2,943$2,408$1,956$1,580$1,269$572
20 years$2,767$2,237$1,795$1,431$1,133$485
21 years$2,607$2,084$1,651$1,298$1,014$412
22 years$2,462$1,945$1,522$1,180$909$350
23 years$2,330$1,819$1,405$1,075$816$298
24 years$2,210$1,705$1,300$981$733$253
25 years$2,099$1,600$1,204$895$660$216
26 years$1,996$1,503$1,116$819$595$184
27 years$1,902$1,415$1,037$749$536$157
28 years$1,814$1,333$964$687$484$134
29 years$1,733$1,258$897$630$437$114
30 years$1,657$1,188$835$578$395$97
31 years$1,586$1,123$779$531$357$83
32 years$1,520$1,063$727$488$323$71
33 years$1,458$1,006$678$449$292$61
34 years$1,399$954$634$413$264$52
35 years$1,345$905$593$380$239$44
36 years$1,293$859$554$350$217$38
37 years$1,244$815$519$322$197$32
38 years$1,198$775$486$297$178$28
39 years$1,154$737$455$274$162$24
40 years$1,113$701$427$253$147$20
41 years$1,074$667$400$233$133$17
42 years$1,036$636$375$215$121$15
43 years$1,001$606$352$199$110$13
44 years$967$577$331$183$99$11
45 years$935$550$310$169$90$9
46 years$904$525$292$156$82$8
47 years$875$501$274$145$74$7
48 years$847$478$257$134$68$6
49 years$820$457$242$123$61$5
50 years$795$436$227$114$56$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $814,000, adding $6,379 every year, while hoping to spend $23,144 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: 58/16/26 Blend
29$814,000$814,000$814,000$814,000
30$903,608$860,466$847,849$949,298
31$971,151$878,004$851,627$998,790
32$1,044,808$895,625$854,756$1,049,725
33$1,125,177$913,310$857,189$1,104,777
34$1,212,919$931,036$858,879$1,164,350
35$1,308,759$948,779$859,774$1,228,890
36$1,413,497$966,514$859,820$1,298,890
37$1,528,012$984,212$858,963$1,374,892
38$1,653,274$1,001,842$857,142$1,457,495
39$1,790,348$1,019,373$854,297$1,547,358
40$1,940,410$1,036,768$850,362$1,645,209
41$2,104,753$1,053,991$845,271$1,751,850
42$2,284,801$1,071,000$838,950$1,868,166
43$2,482,122$1,087,751$831,327$1,995,132
44$2,698,445$1,104,197$822,323$2,133,824
45$2,935,673$1,120,289$811,857$2,285,426
46$3,195,900$1,135,971$799,842$2,451,247
47$3,481,435$1,151,187$786,190$2,632,728
48$3,794,820$1,165,874$770,807$2,831,460
49$4,138,856$1,179,967$753,594$3,049,193
50$4,516,629$1,193,394$734,448$3,287,862
51$4,931,536$1,206,082$713,263$3,549,597
52$5,387,322$1,217,948$689,926$3,836,747
53$5,888,109$1,228,909$664,320$4,151,902
54$6,438,442$1,238,871$636,320$4,497,917
55$7,043,327$1,247,739$605,800$4,877,942
56$7,708,276$1,255,409$572,625$5,295,448
57$8,439,367$1,261,770$536,654$5,754,261
58$9,243,291$1,266,705$497,740$6,258,601
59$10,127,423$1,270,090$455,731$6,813,118
60$11,099,888$1,271,793$410,466$7,422,941
61$12,169,638$1,271,672$361,778$8,093,724
62$13,346,536$1,269,578$309,492$8,831,697
63$14,641,448$1,265,353$253,426$9,643,733
64$16,066,349$1,258,829$193,389$10,537,403
65$17,634,431$1,249,826$129,182$11,521,057
66$19,360,230$1,238,155$60,597$12,603,900
67$21,259,765$1,223,616$0$13,796,076
68$23,350,683$1,205,995$0$15,112,264
69$25,652,431$1,185,067$0$16,579,465
70$28,186,436$1,160,593$0$18,194,506
71$30,976,311$1,132,319$0$19,972,435
72$34,048,070$1,099,979$0$21,929,835
73$37,430,382$1,063,287$0$24,084,981
74$41,154,836$1,021,943$0$26,458,013
75$45,256,242$975,630$0$29,071,126
76$49,772,954$924,012$0$31,948,779
77$54,747,239$866,732$0$35,117,924
78$60,225,671$803,416$0$38,608,268
79$66,259,571$733,664$0$42,452,545
80$72,905,491$657,057$0$46,686,831
81$80,225,749$573,152$0$51,350,880
82$88,289,016$481,477$0$56,488,505
83$97,170,965$381,538$0$62,147,990
84$106,954,981$272,811$0$68,382,542
85$117,732,952$154,743$0$75,250,799
86$129,606,137$26,748$0$82,817,382
87$142,686,116$0$0$91,153,505
88$157,095,847$0$0$100,357,330
89$172,970,827$0$0$110,502,342
90$190,460,368$0$0$121,679,266
91$209,729,007$0$0$133,993,265
92$230,958,061$0$0$147,560,227
93$254,347,334$0$0$162,507,859
94$280,117,006$0$0$178,976,888
95$308,509,712$0$0$197,122,395
96$339,792,828$0$0$217,115,274
97$374,260,999$0$0$239,143,849
98$412,238,916$0$0$263,415,646
99$454,084,384$0$0$290,159,360
100$500,191,698$0$0$319,627,005