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%18.4%
1 years$67,219$66,621$66,036$65,466$64,910$62,706
2 years$33,277$32,657$32,057$31,474$30,909$28,712
3 years$21,964$21,342$20,743$20,166$19,610$17,487
4 years$16,309$15,688$15,095$14,528$13,986$11,954
5 years$12,917$12,300$11,715$11,159$10,632$8,696
6 years$10,656$10,044$9,467$8,924$8,413$6,575
7 years$9,042$8,435$7,867$7,337$6,842$5,101
8 years$7,832$7,230$6,672$6,155$5,676$4,031
9 years$6,891$6,295$5,747$5,243$4,780$3,230
10 years$6,139$5,549$5,010$4,519$4,073$2,614
11 years$5,524$4,940$4,411$3,933$3,503$2,133
12 years$5,012$4,434$3,914$3,450$3,035$1,751
13 years$4,579$4,007$3,497$3,046$2,647$1,445
14 years$4,208$3,642$3,142$2,704$2,320$1,197
15 years$3,887$3,327$2,837$2,411$2,043$995
16 years$3,606$3,053$2,572$2,159$1,806$829
17 years$3,359$2,811$2,341$1,940$1,601$693
18 years$3,139$2,598$2,137$1,748$1,423$580
19 years$2,943$2,408$1,956$1,580$1,269$486
20 years$2,767$2,237$1,795$1,431$1,133$408
21 years$2,607$2,084$1,651$1,298$1,014$342
22 years$2,462$1,945$1,522$1,180$909$288
23 years$2,330$1,819$1,405$1,075$816$242
24 years$2,210$1,705$1,300$981$733$204
25 years$2,099$1,600$1,204$895$660$172
26 years$1,996$1,503$1,116$819$595$145
27 years$1,902$1,415$1,037$749$536$122
28 years$1,814$1,333$964$687$484$103
29 years$1,733$1,258$897$630$437$87
30 years$1,657$1,188$835$578$395$73
31 years$1,586$1,123$779$531$357$62
32 years$1,520$1,063$727$488$323$52
33 years$1,458$1,006$678$449$292$44
34 years$1,399$954$634$413$264$37
35 years$1,345$905$593$380$239$31
36 years$1,293$859$554$350$217$26
37 years$1,244$815$519$322$197$22
38 years$1,198$775$486$297$178$19
39 years$1,154$737$455$274$162$16
40 years$1,113$701$427$253$147$13
41 years$1,074$667$400$233$133$11
42 years$1,036$636$375$215$121$10
43 years$1,001$606$352$199$110$8
44 years$967$577$331$183$99$7
45 years$935$550$310$169$90$6
46 years$904$525$292$156$82$5
47 years$875$501$274$145$74$4
48 years$847$478$257$134$68$3
49 years$820$457$242$123$61$3
50 years$795$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 $814,000, adding $5,642 every year, while hoping to spend $26,547 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: 23/50/27 Blend
29$814,000$814,000$814,000$814,000
30$902,848$859,706$847,089$915,796
31$966,692$873,586$847,220$941,236
32$1,036,159$887,256$846,467$965,854
33$1,111,794$900,678$844,770$991,643
34$1,194,197$913,811$842,070$1,018,718
35$1,284,029$926,611$838,303$1,047,205
36$1,382,016$939,032$833,402$1,077,245
37$1,488,959$951,021$827,298$1,108,995
38$1,605,739$962,527$819,918$1,142,631
39$1,733,324$973,491$811,186$1,178,345
40$1,872,783$983,852$801,020$1,216,355
41$2,025,290$993,544$789,338$1,256,900
42$2,192,140$1,002,498$776,051$1,300,248
43$2,374,757$1,010,639$761,068$1,346,694
44$2,574,710$1,017,888$744,291$1,396,569
45$2,793,727$1,024,161$725,621$1,450,237
46$3,033,710$1,029,368$704,952$1,508,105
47$3,296,755$1,033,413$682,174$1,570,622
48$3,585,168$1,036,195$657,172$1,638,289
49$3,901,492$1,037,605$629,824$1,711,659
50$4,248,527$1,037,530$600,005$1,791,347
51$4,629,355$1,035,848$567,584$1,878,034
52$5,047,373$1,032,428$532,422$1,972,474
53$5,506,322$1,027,134$494,375$2,075,503
54$6,010,324$1,019,821$453,294$2,188,048
55$6,563,919$1,010,333$409,021$2,311,135
56$7,172,107$998,508$361,391$2,445,900
57$7,840,398$984,171$310,234$2,593,601
58$8,574,862$967,139$255,371$2,755,629
59$9,382,186$947,217$196,614$2,933,526
60$10,269,737$924,199$133,768$3,128,995
61$11,245,631$897,865$66,630$3,343,923
62$12,318,810$867,985$0$3,580,396
63$13,499,126$834,314$0$3,842,166
64$14,797,434$796,592$0$4,150,917
65$16,225,693$754,546$0$4,490,321
66$17,797,081$707,886$0$4,863,564
67$19,526,116$656,305$0$5,274,166
68$21,428,795$599,479$0$5,726,011
69$23,522,744$537,066$0$6,223,385
70$25,827,385$468,703$0$6,771,021
71$28,364,117$394,008$0$7,374,142
72$31,156,519$312,577$0$8,038,510
73$34,230,573$223,982$0$8,770,487
74$37,614,907$127,773$0$9,577,092
75$41,341,067$23,473$0$10,466,070
76$45,443,812$0$0$11,445,966
77$49,961,446$0$0$12,575,408
78$54,936,172$0$0$13,833,536
79$60,414,498$0$0$15,219,219
80$66,447,671$0$0$16,745,444
81$73,092,161$0$0$18,426,520
82$80,410,193$0$0$20,278,217
83$88,470,338$0$0$22,317,911
84$97,348,155$0$0$24,564,750
85$107,126,904$0$0$27,039,835
86$117,898,337$0$0$29,766,417
87$129,763,558$0$0$32,770,119
88$142,833,978$0$0$36,079,175
89$157,232,369$0$0$39,724,701
90$173,094,019$0$0$43,740,981
91$190,568,013$0$0$48,165,799
92$209,818,633$0$0$53,040,791
93$231,026,916$0$0$58,411,838
94$254,392,358$0$0$64,329,499
95$280,134,796$0$0$70,849,490
96$308,496,488$0$0$78,033,210
97$339,744,392$0$0$85,948,317
98$374,172,692$0$0$94,669,371
99$412,105,572$0$0$104,278,532
100$453,900,274$0$0$114,866,345