Can I retire at age 30 with 815,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16.6%
1 years$67,302$66,702$66,118$65,547$64,989$63,239
2 years$33,318$32,697$32,096$31,513$30,947$29,196
3 years$21,991$21,368$20,768$20,191$19,634$17,937
4 years$16,329$15,708$15,114$14,546$14,003$12,374
5 years$12,933$12,315$11,729$11,173$10,645$9,087
6 years$10,669$10,056$9,479$8,935$8,423$6,938
7 years$9,053$8,445$7,877$7,346$6,850$5,439
8 years$7,841$7,239$6,680$6,162$5,683$4,344
9 years$6,899$6,303$5,754$5,249$4,786$3,518
10 years$6,146$5,556$5,016$4,525$4,078$2,880
11 years$5,531$4,946$4,416$3,938$3,507$2,377
12 years$5,018$4,439$3,919$3,454$3,039$1,975
13 years$4,584$4,012$3,502$3,049$2,650$1,650
14 years$4,213$3,647$3,146$2,707$2,323$1,384
15 years$3,892$3,331$2,841$2,414$2,045$1,165
16 years$3,611$3,056$2,575$2,162$1,808$984
17 years$3,363$2,815$2,344$1,942$1,603$832
18 years$3,143$2,601$2,139$1,750$1,425$706
19 years$2,947$2,411$1,958$1,581$1,270$600
20 years$2,770$2,240$1,797$1,432$1,135$510
21 years$2,610$2,086$1,653$1,300$1,015$435
22 years$2,465$1,948$1,524$1,182$910$370
23 years$2,333$1,822$1,407$1,076$817$316
24 years$2,212$1,707$1,301$982$734$270
25 years$2,101$1,602$1,205$897$661$231
26 years$1,999$1,505$1,118$820$595$197
27 years$1,904$1,417$1,038$750$537$169
28 years$1,816$1,335$965$688$484$144
29 years$1,735$1,259$898$630$437$124
30 years$1,659$1,189$836$579$395$106
31 years$1,588$1,124$780$531$357$91
32 years$1,522$1,064$727$488$323$78
33 years$1,460$1,007$679$449$292$66
34 years$1,401$955$635$413$265$57
35 years$1,346$906$593$380$240$49
36 years$1,294$860$555$350$217$42
37 years$1,246$816$520$323$197$36
38 years$1,199$776$487$298$179$31
39 years$1,156$738$456$274$162$26
40 years$1,114$702$427$253$147$23
41 years$1,075$668$401$233$133$19
42 years$1,038$636$376$215$121$17
43 years$1,002$606$353$199$110$14
44 years$968$578$331$184$100$12
45 years$936$551$311$170$90$10
46 years$905$526$292$157$82$9
47 years$876$502$274$145$75$8
48 years$848$479$258$134$68$7
49 years$821$457$242$124$61$6
50 years$796$437$228$114$56$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $815,000, adding $4,558 every year, while hoping to spend $38,508 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: 33/44/23 Blend
29$815,000$815,000$815,000$815,000
30$902,832$859,637$847,004$926,139
31$953,948$860,787$834,407$945,138
32$1,008,988$860,702$820,096$961,795
33$1,068,311$859,283$803,975$978,964
34$1,132,311$856,420$785,941$996,717
35$1,201,423$852,001$765,886$1,015,133
36$1,276,123$845,904$743,699$1,034,302
37$1,356,936$838,001$719,261$1,054,328
38$1,444,437$828,157$692,449$1,075,330
39$1,539,259$816,226$663,136$1,097,439
40$1,642,099$802,057$631,187$1,120,808
41$1,753,723$785,488$596,461$1,145,606
42$1,874,972$766,346$558,813$1,172,026
43$2,006,774$744,451$518,087$1,200,285
44$2,150,147$719,611$474,125$1,230,626
45$2,306,212$691,623$426,758$1,263,325
46$2,476,203$660,270$375,813$1,298,688
47$2,661,479$625,326$321,105$1,337,062
48$2,863,533$586,550$262,445$1,378,833
49$3,084,009$543,687$199,633$1,424,435
50$3,324,719$496,468$132,462$1,474,352
51$3,587,655$444,610$60,713$1,529,126
52$3,875,010$387,810$0$1,589,364
53$4,189,200$325,751$0$1,659,630
54$4,532,883$258,099$0$1,752,942
55$4,908,989$184,497$0$1,855,285
56$5,320,741$104,572$0$1,967,658
57$5,771,689$17,929$0$2,091,168
58$6,265,743$0$0$2,227,046
59$6,807,209$0$0$2,413,377
60$7,400,828$0$0$2,627,296
61$8,051,824$0$0$2,862,018
62$8,765,950$0$0$3,119,635
63$9,549,540$0$0$3,402,447
64$10,409,575$0$0$3,712,992
65$11,353,742$0$0$4,054,062
66$12,390,509$0$0$4,428,735
67$13,529,205$0$0$4,840,402
68$14,780,107$0$0$5,292,796
69$16,154,534$0$0$5,790,033
70$17,664,959$0$0$6,336,646
71$19,325,121$0$0$6,937,627
72$21,150,157$0$0$7,598,480
73$23,156,744$0$0$8,325,267
74$25,363,255$0$0$9,124,665
75$27,789,932$0$0$10,004,034
76$30,459,079$0$0$10,971,481
77$33,395,268$0$0$12,035,940
78$36,625,572$0$0$13,207,252
79$40,179,824$0$0$14,496,263
80$44,090,890$0$0$15,914,922
81$48,394,986$0$0$17,476,396
82$53,132,014$0$0$19,195,191
83$58,345,943$0$0$21,087,294
84$64,085,218$0$0$23,170,319
85$70,403,221$0$0$25,463,674
86$77,358,771$0$0$27,988,746
87$85,016,682$0$0$30,769,100
88$93,448,370$0$0$33,830,704
89$102,732,530$0$0$37,202,171
90$112,955,875$0$0$40,915,030
91$124,213,958$0$0$45,004,025
92$136,612,067$0$0$49,507,442
93$150,266,225$0$0$54,467,466
94$165,304,278$0$0$59,930,587
95$181,867,105$0$0$65,948,029
96$200,109,948$0$0$72,576,244
97$220,203,871$0$0$79,877,434
98$242,337,379$0$0$87,920,146
99$266,718,196$0$0$96,779,913
100$293,575,222$0$0$106,539,972