Can I retire at age 30 with 817,000?

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 $817,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$67,467$66,866$66,280$65,708$65,149$64,096
2 years$33,400$32,778$32,175$31,590$31,023$29,965
3 years$22,045$21,420$20,819$20,240$19,682$18,652
4 years$16,369$15,746$15,151$14,582$14,038$13,044
5 years$12,964$12,345$11,758$11,200$10,671$9,716
6 years$10,695$10,081$9,502$8,957$8,444$7,528
7 years$9,075$8,466$7,896$7,364$6,867$5,992
8 years$7,861$7,257$6,697$6,177$5,697$4,861
9 years$6,916$6,318$5,768$5,262$4,798$4,002
10 years$6,162$5,569$5,029$4,536$4,088$3,331
11 years$5,544$4,958$4,427$3,947$3,516$2,797
12 years$5,030$4,450$3,929$3,462$3,047$2,365
13 years$4,596$4,022$3,510$3,057$2,657$2,011
14 years$4,224$3,656$3,154$2,714$2,329$1,718
15 years$3,901$3,339$2,848$2,420$2,050$1,474
16 years$3,620$3,064$2,582$2,167$1,812$1,268
17 years$3,371$2,822$2,349$1,947$1,607$1,095
18 years$3,151$2,607$2,145$1,755$1,429$947
19 years$2,954$2,416$1,963$1,585$1,273$821
20 years$2,777$2,245$1,802$1,436$1,137$712
21 years$2,617$2,092$1,657$1,303$1,018$619
22 years$2,471$1,952$1,527$1,185$912$539
23 years$2,339$1,826$1,410$1,079$819$470
24 years$2,218$1,711$1,304$984$736$410
25 years$2,106$1,606$1,208$899$662$358
26 years$2,004$1,509$1,120$822$597$313
27 years$1,909$1,420$1,040$752$538$273
28 years$1,821$1,338$967$689$485$239
29 years$1,739$1,262$900$632$438$209
30 years$1,663$1,192$838$580$396$183
31 years$1,592$1,127$782$533$358$160
32 years$1,525$1,066$729$490$324$141
33 years$1,463$1,010$681$450$293$123
34 years$1,405$957$636$414$265$108
35 years$1,349$908$595$381$240$95
36 years$1,298$862$556$351$218$83
37 years$1,249$818$521$324$197$73
38 years$1,202$778$488$298$179$64
39 years$1,158$740$457$275$162$56
40 years$1,117$704$428$254$147$49
41 years$1,078$670$402$234$134$43
42 years$1,040$638$377$216$121$38
43 years$1,005$608$353$199$110$33
44 years$971$579$332$184$100$29
45 years$938$552$312$170$91$26
46 years$908$527$293$157$82$22
47 years$878$503$275$145$75$20
48 years$850$480$258$134$68$17
49 years$823$459$243$124$62$15
50 years$798$438$228$115$56$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $817,000, adding $6,783 every year, while hoping to spend $20,437 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: 44/32/24 Blend
29$817,000$817,000$817,000$817,000
30$907,331$864,030$851,366$940,677
31$978,134$884,622$858,142$985,573
32$1,055,473$905,539$864,460$1,031,709
33$1,139,995$926,774$870,283$1,081,313
34$1,232,410$948,321$875,573$1,134,717
35$1,333,499$970,172$880,287$1,192,289
36$1,444,123$992,318$884,385$1,254,433
37$1,565,232$1,014,749$887,820$1,321,592
38$1,697,868$1,037,455$890,544$1,394,259
39$1,843,183$1,060,422$892,509$1,472,975
40$2,002,441$1,083,637$893,662$1,558,335
41$2,177,039$1,107,083$893,948$1,650,997
42$2,368,511$1,130,745$893,310$1,751,687
43$2,578,550$1,154,602$891,687$1,861,202
44$2,809,019$1,178,635$889,015$1,980,425
45$3,061,971$1,202,820$885,230$2,110,326
46$3,339,667$1,227,133$880,259$2,251,976
47$3,644,597$1,251,546$874,032$2,406,556
48$3,979,505$1,276,031$866,471$2,575,367
49$4,347,413$1,300,555$857,496$2,759,844
50$4,751,650$1,325,083$847,024$2,961,569
51$5,195,885$1,349,579$834,966$3,182,286
52$5,684,158$1,374,001$821,230$3,423,918
53$6,220,921$1,398,307$805,720$3,688,586
54$6,811,079$1,422,448$788,336$3,978,626
55$7,460,036$1,446,374$768,971$4,296,617
56$8,173,744$1,470,030$747,516$4,645,398
57$8,958,763$1,493,359$723,855$5,028,101
58$9,822,319$1,516,296$697,867$5,448,182
59$10,772,376$1,538,775$669,426$5,909,445
60$11,817,707$1,560,723$638,400$6,416,089
61$12,967,977$1,582,063$604,651$6,972,739
62$14,233,838$1,602,712$568,034$7,584,498
63$15,627,026$1,622,581$528,399$8,256,989
64$17,160,471$1,641,575$485,589$8,996,409
65$18,848,421$1,659,594$439,438$9,809,595
66$20,706,575$1,676,530$389,775$10,704,079
67$22,752,234$1,692,268$336,420$11,688,165
68$25,004,458$1,706,685$279,186$12,771,010
69$27,484,250$1,719,651$217,877$13,962,705
70$30,214,756$1,731,026$152,288$15,274,375
71$33,221,477$1,740,662$82,205$16,718,283
72$36,532,515$1,748,402$7,407$18,307,947
73$40,178,837$1,754,079$0$20,058,268
74$44,194,563$1,757,514$0$22,004,216
75$48,617,294$1,758,518$0$24,148,580
76$53,488,463$1,756,890$0$26,509,485
77$58,853,726$1,752,417$0$29,108,996
78$64,763,392$1,744,872$0$31,971,430
79$71,272,902$1,734,014$0$35,123,589
80$78,443,347$1,719,590$0$38,595,007
81$86,342,046$1,701,328$0$42,418,237
82$95,043,184$1,678,941$0$46,629,150
83$104,628,506$1,652,127$0$51,267,282
84$115,188,095$1,620,562$0$56,376,203
85$126,821,217$1,583,907$0$62,003,931
86$139,637,262$1,541,799$0$68,203,384
87$153,756,773$1,493,857$0$75,032,883
88$169,312,583$1,439,676$0$82,556,699
89$186,451,074$1,378,827$0$90,845,664
90$205,333,552$1,310,858$0$99,977,842
91$226,137,774$1,235,289$0$110,039,260
92$249,059,622$1,151,614$0$121,124,727
93$274,314,957$1,059,296$0$133,338,730
94$302,141,650$957,769$0$146,796,415
95$332,801,833$846,434$0$161,624,685
96$366,584,369$724,659$0$177,963,388
97$403,807,581$591,774$0$195,966,650
98$444,822,256$447,073$0$215,804,321
99$490,014,957$289,810$0$237,663,586
100$539,811,670$119,198$0$261,750,732