Can I retire at age 30 with 815,000?

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 $815,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$67,302$66,702$66,118$65,547$64,989$63,035
2 years$33,318$32,697$32,096$31,513$30,947$28,995
3 years$21,991$21,368$20,768$20,191$19,634$17,745
4 years$16,329$15,708$15,114$14,546$14,003$12,192
5 years$12,933$12,315$11,729$11,173$10,645$8,916
6 years$10,669$10,056$9,479$8,935$8,423$6,778
7 years$9,053$8,445$7,877$7,346$6,850$5,289
8 years$7,841$7,239$6,680$6,162$5,683$4,205
9 years$6,899$6,303$5,754$5,249$4,786$3,389
10 years$6,146$5,556$5,016$4,525$4,078$2,760
11 years$5,531$4,946$4,416$3,938$3,507$2,267
12 years$5,018$4,439$3,919$3,454$3,039$1,873
13 years$4,584$4,012$3,502$3,049$2,650$1,556
14 years$4,213$3,647$3,146$2,707$2,323$1,298
15 years$3,892$3,331$2,841$2,414$2,045$1,087
16 years$3,611$3,056$2,575$2,162$1,808$912
17 years$3,363$2,815$2,344$1,942$1,603$768
18 years$3,143$2,601$2,139$1,750$1,425$647
19 years$2,947$2,411$1,958$1,581$1,270$546
20 years$2,770$2,240$1,797$1,432$1,135$462
21 years$2,610$2,086$1,653$1,300$1,015$391
22 years$2,465$1,948$1,524$1,182$910$331
23 years$2,333$1,822$1,407$1,076$817$281
24 years$2,212$1,707$1,301$982$734$238
25 years$2,101$1,602$1,205$897$661$202
26 years$1,999$1,505$1,118$820$595$172
27 years$1,904$1,417$1,038$750$537$146
28 years$1,816$1,335$965$688$484$124
29 years$1,735$1,259$898$630$437$106
30 years$1,659$1,189$836$579$395$90
31 years$1,588$1,124$780$531$357$76
32 years$1,522$1,064$727$488$323$65
33 years$1,460$1,007$679$449$292$55
34 years$1,401$955$635$413$265$47
35 years$1,346$906$593$380$240$40
36 years$1,294$860$555$350$217$34
37 years$1,246$816$520$323$197$29
38 years$1,199$776$487$298$179$25
39 years$1,156$738$456$274$162$21
40 years$1,114$702$427$253$147$18
41 years$1,075$668$401$233$133$15
42 years$1,038$636$376$215$121$13
43 years$1,002$606$353$199$110$11
44 years$968$578$331$184$100$9
45 years$936$551$311$170$90$8
46 years$905$526$292$157$82$7
47 years$876$502$274$145$75$6
48 years$848$479$258$134$68$5
49 years$821$457$242$124$61$4
50 years$796$437$228$114$56$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $815,000, adding $5,853 every year, while hoping to spend $35,691 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: 78/10/12 Blend
29$815,000$815,000$815,000$815,000
30$904,167$860,972$848,340$972,179
31$958,417$865,185$838,784$1,021,961
32$1,017,005$868,408$827,712$1,071,392
33$1,080,334$870,555$815,036$1,124,589
34$1,148,851$871,534$800,662$1,181,916
35$1,223,043$871,249$784,493$1,243,769
36$1,303,448$869,595$766,429$1,310,589
37$1,390,658$866,464$746,362$1,382,857
38$1,485,323$861,738$724,183$1,461,108
39$1,588,157$855,294$699,774$1,545,929
40$1,699,947$847,002$673,015$1,637,966
41$1,821,558$836,721$643,778$1,737,934
42$1,953,943$824,306$611,930$1,846,618
43$2,098,148$809,600$577,332$1,964,887
44$2,255,327$792,438$539,840$2,093,695
45$2,426,747$772,645$499,302$2,234,096
46$2,613,806$750,035$455,559$2,387,250
47$2,818,040$724,412$408,446$2,554,440
48$3,041,141$695,570$357,790$2,737,074
49$3,284,972$663,287$303,411$2,936,710
50$3,551,583$627,332$245,119$3,155,062
51$3,843,231$587,459$182,718$3,394,021
52$4,162,404$543,407$116,002$3,655,671
53$4,511,838$494,903$44,757$3,942,309
54$4,894,548$441,655$0$4,256,470
55$5,313,853$383,357$0$4,604,949
56$5,773,409$319,685$0$4,993,196
57$6,277,242$250,295$0$5,418,899
58$6,829,787$174,826$0$5,885,833
59$7,435,928$92,895$0$6,398,155
60$8,101,045$4,099$0$6,960,446
61$8,831,063$0$0$7,577,757
62$9,632,510$0$0$8,265,771
63$10,512,575$0$0$9,021,801
64$11,479,181$0$0$9,852,203
65$12,541,051$0$0$10,764,477
66$13,707,798$0$0$11,766,884
67$14,990,012$0$0$12,868,526
68$16,399,358$0$0$14,079,431
69$17,948,689$0$0$15,410,644
70$19,652,164$0$0$16,874,338
71$21,525,385$0$0$18,483,920
72$23,585,537$0$0$20,254,164
73$25,851,559$0$0$22,201,347
74$28,344,315$0$0$24,343,402
75$31,086,793$0$0$26,700,088
76$34,104,321$0$0$29,293,177
77$37,424,807$0$0$32,146,656
78$41,079,001$0$0$35,286,955
79$45,100,783$0$0$38,743,197
80$49,527,487$0$0$42,547,470
81$54,400,247$0$0$46,735,132
82$59,764,389$0$0$51,345,141
83$65,669,856$0$0$56,420,427
84$72,171,679$0$0$62,008,292
85$79,330,499$0$0$68,160,858
86$87,213,134$0$0$74,935,558
87$95,893,211$0$0$82,395,681
88$105,451,863$0$0$90,610,962
89$115,978,490$0$0$99,658,245
90$127,571,605$0$0$109,622,208
91$140,339,762$0$0$120,596,157
92$154,402,580$0$0$132,682,913
93$169,891,873$0$0$145,995,776
94$186,952,890$0$0$160,659,595
95$205,745,692$0$0$176,811,950
96$226,446,652$0$0$194,604,445
97$249,250,130$0$0$214,204,141
98$274,370,299$0$0$235,795,133
99$302,043,170$0$0$259,580,283
100$332,528,817$0$0$285,783,142