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%14.2%
1 years$67,302$66,702$66,118$65,547$64,989$63,860
2 years$33,318$32,697$32,096$31,513$30,947$29,813
3 years$21,991$21,368$20,768$20,191$19,634$18,531
4 years$16,329$15,708$15,114$14,546$14,003$12,939
5 years$12,933$12,315$11,729$11,173$10,645$9,623
6 years$10,669$10,056$9,479$8,935$8,423$7,444
7 years$9,053$8,445$7,877$7,346$6,850$5,915
8 years$7,841$7,239$6,680$6,162$5,683$4,791
9 years$6,899$6,303$5,754$5,249$4,786$3,936
10 years$6,146$5,556$5,016$4,525$4,078$3,270
11 years$5,531$4,946$4,416$3,938$3,507$2,741
12 years$5,018$4,439$3,919$3,454$3,039$2,313
13 years$4,584$4,012$3,502$3,049$2,650$1,963
14 years$4,213$3,647$3,146$2,707$2,323$1,674
15 years$3,892$3,331$2,841$2,414$2,045$1,433
16 years$3,611$3,056$2,575$2,162$1,808$1,231
17 years$3,363$2,815$2,344$1,942$1,603$1,060
18 years$3,143$2,601$2,139$1,750$1,425$915
19 years$2,947$2,411$1,958$1,581$1,270$791
20 years$2,770$2,240$1,797$1,432$1,135$685
21 years$2,610$2,086$1,653$1,300$1,015$594
22 years$2,465$1,948$1,524$1,182$910$516
23 years$2,333$1,822$1,407$1,076$817$449
24 years$2,212$1,707$1,301$982$734$391
25 years$2,101$1,602$1,205$897$661$340
26 years$1,999$1,505$1,118$820$595$297
27 years$1,904$1,417$1,038$750$537$259
28 years$1,816$1,335$965$688$484$226
29 years$1,735$1,259$898$630$437$197
30 years$1,659$1,189$836$579$395$172
31 years$1,588$1,124$780$531$357$150
32 years$1,522$1,064$727$488$323$131
33 years$1,460$1,007$679$449$292$115
34 years$1,401$955$635$413$265$100
35 years$1,346$906$593$380$240$88
36 years$1,294$860$555$350$217$77
37 years$1,246$816$520$323$197$67
38 years$1,199$776$487$298$179$59
39 years$1,156$738$456$274$162$51
40 years$1,114$702$427$253$147$45
41 years$1,075$668$401$233$133$39
42 years$1,038$636$376$215$121$34
43 years$1,002$606$353$199$110$30
44 years$968$578$331$184$100$26
45 years$936$551$311$170$90$23
46 years$905$526$292$157$82$20
47 years$876$502$274$145$75$18
48 years$848$479$258$134$68$15
49 years$821$457$242$124$61$14
50 years$796$437$228$114$56$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $815,000, adding $3,392 every year, while hoping to spend $26,297 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: 50/35/15 Blend
29$815,000$815,000$815,000$815,000
30$901,629$858,434$845,801$942,836
31$965,615$872,517$846,156$985,621
32$1,035,247$886,409$845,641$1,029,074
33$1,111,072$900,073$844,200$1,075,713
34$1,193,693$913,469$841,772$1,125,848
35$1,283,774$926,553$838,296$1,179,818
36$1,382,046$939,281$833,706$1,238,001
37$1,489,312$951,604$827,933$1,300,809
38$1,606,458$963,468$820,905$1,368,701
39$1,734,458$974,819$812,546$1,442,180
40$1,874,384$985,597$802,778$1,521,805
41$2,027,418$995,737$791,517$1,608,189
42$2,194,859$1,005,173$778,677$1,702,011
43$2,378,139$1,013,831$764,168$1,804,018
44$2,578,835$1,021,635$747,893$1,915,038
45$2,798,683$1,028,502$729,755$2,035,980
46$3,039,595$1,034,345$709,648$2,167,850
47$3,303,677$1,039,071$687,464$2,311,758
48$3,593,247$1,042,581$663,089$2,468,927
49$3,910,860$1,044,769$636,405$2,640,708
50$4,259,330$1,045,524$607,286$2,828,590
51$4,641,755$1,044,728$575,603$3,034,219
52$5,061,548$1,042,254$541,220$3,259,406
53$5,522,469$1,037,968$503,994$3,506,153
54$6,028,661$1,031,728$463,778$3,776,667
55$6,584,685$1,023,384$420,416$4,073,382
56$7,195,569$1,012,776$373,746$4,398,985
57$7,866,849$999,734$323,598$4,756,438
58$8,604,626$984,079$269,797$5,149,009
59$9,415,620$965,621$212,157$5,580,303
60$10,307,235$944,158$150,486$6,054,296
61$11,287,628$919,477$84,582$6,575,372
62$12,365,786$891,351$14,236$7,148,369
63$13,551,611$859,542$0$7,778,621
64$14,856,013$823,797$0$8,481,747
65$16,291,011$783,848$0$9,257,563
66$17,869,849$739,411$0$10,110,981
67$19,607,118$690,188$0$11,049,930
68$21,518,898$635,860$0$12,083,154
69$23,622,902$576,094$0$13,220,290
70$25,938,650$510,535$0$14,471,963
71$28,487,651$438,809$0$15,849,886
72$31,293,602$360,522$0$17,366,973
73$34,382,617$275,255$0$19,037,457
74$37,783,469$182,568$0$20,877,031
75$41,527,864$81,994$0$22,902,993
76$45,650,737$0$0$25,134,412
77$50,190,584$0$0$27,602,691
78$55,189,825$0$0$30,355,625
79$60,695,203$0$0$33,387,388
80$66,758,223$0$0$36,726,358
81$73,435,644$0$0$40,403,808
82$80,790,005$0$0$44,454,196
83$88,890,225$0$0$48,915,492
84$97,812,246$0$0$53,829,541
85$107,639,753$0$0$59,242,449
86$118,464,961$0$0$65,205,027
87$130,389,488$0$0$71,773,262
88$143,525,311$0$0$79,008,853
89$157,995,825$0$0$86,979,789
90$173,937,007$0$0$95,760,988
91$191,498,695$0$0$105,435,012
92$210,846,009$0$0$116,092,837
93$232,160,904$0$0$127,834,720
94$255,643,889$0$0$140,771,138
95$281,515,920$0$0$155,023,835
96$310,020,483$0$0$170,726,969
97$341,425,895$0$0$188,028,380
98$376,027,833$0$0$207,090,983
99$414,152,129$0$0$228,094,309
100$456,157,840$0$0$251,236,195