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%13.5%
1 years$67,302$66,702$66,118$65,547$64,989$64,044
2 years$33,318$32,697$32,096$31,513$30,947$29,997
3 years$21,991$21,368$20,768$20,191$19,634$18,709
4 years$16,329$15,708$15,114$14,546$14,003$13,109
5 years$12,933$12,315$11,729$11,173$10,645$9,785
6 years$10,669$10,056$9,479$8,935$8,423$7,599
7 years$9,053$8,445$7,877$7,346$6,850$6,061
8 years$7,841$7,239$6,680$6,162$5,683$4,929
9 years$6,899$6,303$5,754$5,249$4,786$4,067
10 years$6,146$5,556$5,016$4,525$4,078$3,394
11 years$5,531$4,946$4,416$3,938$3,507$2,857
12 years$5,018$4,439$3,919$3,454$3,039$2,422
13 years$4,584$4,012$3,502$3,049$2,650$2,065
14 years$4,213$3,647$3,146$2,707$2,323$1,769
15 years$3,892$3,331$2,841$2,414$2,045$1,522
16 years$3,611$3,056$2,575$2,162$1,808$1,313
17 years$3,363$2,815$2,344$1,942$1,603$1,136
18 years$3,143$2,601$2,139$1,750$1,425$986
19 years$2,947$2,411$1,958$1,581$1,270$857
20 years$2,770$2,240$1,797$1,432$1,135$746
21 years$2,610$2,086$1,653$1,300$1,015$651
22 years$2,465$1,948$1,524$1,182$910$568
23 years$2,333$1,822$1,407$1,076$817$497
24 years$2,212$1,707$1,301$982$734$435
25 years$2,101$1,602$1,205$897$661$381
26 years$1,999$1,505$1,118$820$595$334
27 years$1,904$1,417$1,038$750$537$293
28 years$1,816$1,335$965$688$484$257
29 years$1,735$1,259$898$630$437$225
30 years$1,659$1,189$836$579$395$198
31 years$1,588$1,124$780$531$357$174
32 years$1,522$1,064$727$488$323$153
33 years$1,460$1,007$679$449$292$134
34 years$1,401$955$635$413$265$118
35 years$1,346$906$593$380$240$104
36 years$1,294$860$555$350$217$92
37 years$1,246$816$520$323$197$81
38 years$1,199$776$487$298$179$71
39 years$1,156$738$456$274$162$62
40 years$1,114$702$427$253$147$55
41 years$1,075$668$401$233$133$48
42 years$1,038$636$376$215$121$43
43 years$1,002$606$353$199$110$37
44 years$968$578$331$184$100$33
45 years$936$551$311$170$90$29
46 years$905$526$292$157$82$26
47 years$876$502$274$145$75$23
48 years$848$479$258$134$68$20
49 years$821$457$242$124$61$17
50 years$796$437$228$114$56$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $815,000, adding $2,676 every year, while hoping to spend $25,486 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: 32/49/19 Blend
29$815,000$815,000$815,000$815,000
30$900,890$857,695$845,063$924,321
31$965,664$872,605$846,255$956,943
32$1,036,191$887,392$846,634$989,543
33$1,113,030$902,022$846,144$1,024,119
34$1,196,798$916,460$844,729$1,060,859
35$1,288,173$930,668$842,329$1,099,972
36$1,387,901$944,605$838,881$1,141,688
37$1,496,804$958,228$834,321$1,186,262
38$1,615,786$971,489$828,579$1,233,973
39$1,745,844$984,339$821,583$1,285,135
40$1,888,072$996,724$813,258$1,340,090
41$2,043,678$1,008,586$803,525$1,399,220
42$2,213,991$1,019,865$792,301$1,462,947
43$2,400,475$1,030,495$779,500$1,531,734
44$2,604,741$1,040,407$765,031$1,606,098
45$2,828,563$1,049,526$748,798$1,686,607
46$3,073,897$1,057,773$730,704$1,773,891
47$3,342,895$1,065,064$710,642$1,868,644
48$3,637,928$1,071,310$688,506$1,971,636
49$3,961,606$1,076,414$664,181$2,083,717
50$4,316,807$1,080,276$637,548$2,205,824
51$4,706,699$1,082,787$608,484$2,338,996
52$5,134,772$1,083,832$576,857$2,484,378
53$5,604,869$1,083,291$542,533$2,643,238
54$6,121,227$1,081,033$505,368$2,816,975
55$6,688,509$1,076,921$465,216$3,007,133
56$7,311,857$1,070,810$421,920$3,215,421
57$7,996,931$1,062,544$375,319$3,443,723
58$8,749,970$1,051,961$325,244$3,694,122
59$9,577,845$1,038,885$271,518$3,968,917
60$10,488,128$1,023,133$213,957$4,270,648
61$11,489,160$1,004,510$152,367$4,602,118
62$12,590,132$982,808$86,549$4,966,421
63$13,801,168$957,808$16,291$5,366,976
64$15,133,426$929,280$0$5,807,554
65$16,599,197$896,976$0$6,304,216
66$18,212,024$860,637$0$6,853,958
67$19,986,831$819,989$0$7,458,595
68$21,940,060$774,740$0$8,123,775
69$24,089,827$724,583$0$8,855,729
70$26,456,094$669,193$0$9,661,328
71$29,060,857$608,225$0$10,548,152
72$31,928,353$541,316$0$11,524,560
73$35,085,287$468,083$0$12,599,772
74$38,561,086$388,118$0$13,783,956
75$42,388,175$300,994$0$15,088,326
76$46,602,284$206,258$0$16,525,248
77$51,242,783$103,431$0$18,108,360
78$56,353,055$0$0$19,852,699
79$61,980,906$0$0$21,779,159
80$68,179,012$0$0$23,962,409
81$75,005,421$0$0$26,367,147
82$82,524,097$0$0$29,015,925
83$90,805,523$0$0$31,933,598
84$99,927,369$0$0$35,147,552
85$109,975,224$0$0$38,687,966
86$121,043,401$0$0$42,588,097
87$133,235,829$0$0$46,884,590
88$146,667,034$0$0$51,617,830
89$161,463,218$0$0$56,832,317
90$177,763,452$0$0$62,577,090
91$195,720,985$0$0$68,906,188
92$215,504,695$0$0$75,879,161
93$237,300,679$0$0$83,561,629
94$261,314,010$0$0$92,025,908
95$287,770,674$0$0$101,351,684
96$316,919,700$0$0$111,626,772
97$349,035,514$0$0$122,947,941
98$384,420,526$0$0$135,421,830
99$423,407,987$0$0$149,165,951
100$466,365,130$0$0$164,309,801