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%17.4%
1 years$67,467$66,866$66,280$65,708$65,149$63,190
2 years$33,400$32,778$32,175$31,590$31,023$29,066
3 years$22,045$21,420$20,819$20,240$19,682$17,789
4 years$16,369$15,746$15,151$14,582$14,038$12,222
5 years$12,964$12,345$11,758$11,200$10,671$8,938
6 years$10,695$10,081$9,502$8,957$8,444$6,794
7 years$9,075$8,466$7,896$7,364$6,867$5,302
8 years$7,861$7,257$6,697$6,177$5,697$4,215
9 years$6,916$6,318$5,768$5,262$4,798$3,397
10 years$6,162$5,569$5,029$4,536$4,088$2,767
11 years$5,544$4,958$4,427$3,947$3,516$2,272
12 years$5,030$4,450$3,929$3,462$3,047$1,878
13 years$4,596$4,022$3,510$3,057$2,657$1,560
14 years$4,224$3,656$3,154$2,714$2,329$1,301
15 years$3,901$3,339$2,848$2,420$2,050$1,089
16 years$3,620$3,064$2,582$2,167$1,812$915
17 years$3,371$2,822$2,349$1,947$1,607$770
18 years$3,151$2,607$2,145$1,755$1,429$649
19 years$2,954$2,416$1,963$1,585$1,273$548
20 years$2,777$2,245$1,802$1,436$1,137$463
21 years$2,617$2,092$1,657$1,303$1,018$392
22 years$2,471$1,952$1,527$1,185$912$332
23 years$2,339$1,826$1,410$1,079$819$282
24 years$2,218$1,711$1,304$984$736$239
25 years$2,106$1,606$1,208$899$662$203
26 years$2,004$1,509$1,120$822$597$172
27 years$1,909$1,420$1,040$752$538$147
28 years$1,821$1,338$967$689$485$125
29 years$1,739$1,262$900$632$438$106
30 years$1,663$1,192$838$580$396$90
31 years$1,592$1,127$782$533$358$77
32 years$1,525$1,066$729$490$324$65
33 years$1,463$1,010$681$450$293$56
34 years$1,405$957$636$414$265$47
35 years$1,349$908$595$381$240$40
36 years$1,298$862$556$351$218$34
37 years$1,249$818$521$324$197$29
38 years$1,202$778$488$298$179$25
39 years$1,158$740$457$275$162$21
40 years$1,117$704$428$254$147$18
41 years$1,078$670$402$234$134$15
42 years$1,040$638$377$216$121$13
43 years$1,005$608$353$199$110$11
44 years$971$579$332$184$100$9
45 years$938$552$312$170$91$8
46 years$908$527$293$157$82$7
47 years$878$503$275$145$75$6
48 years$850$480$258$134$68$5
49 years$823$459$243$124$62$4
50 years$798$438$228$115$56$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $817,000, adding $3,632 every year, while hoping to spend $22,522 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: 76/11/13 Blend
29$817,000$817,000$817,000$817,000
30$904,080$860,779$848,116$970,132
31$972,333$878,994$852,565$1,032,413
32$1,046,793$897,347$856,407$1,097,475
33$1,128,070$915,820$859,600$1,168,174
34$1,216,833$934,396$862,097$1,245,064
35$1,313,821$953,053$863,849$1,328,754
36$1,419,848$971,770$864,805$1,419,917
37$1,535,809$990,522$864,912$1,519,291
38$1,662,688$1,009,284$864,113$1,627,691
39$1,801,570$1,028,028$862,349$1,746,016
40$1,953,652$1,046,722$859,559$1,875,254
41$2,120,248$1,065,335$855,678$2,016,495
42$2,302,807$1,083,830$850,637$2,170,939
43$2,502,925$1,102,170$844,366$2,339,908
44$2,722,361$1,120,314$836,789$2,524,861
45$2,963,049$1,138,216$827,829$2,727,403
46$3,227,122$1,155,831$817,403$2,949,303
47$3,516,929$1,173,107$805,426$3,192,511
48$3,835,056$1,189,990$791,809$3,459,175
49$4,184,353$1,206,421$776,456$3,751,664
50$4,567,960$1,222,338$759,269$4,072,584
51$4,989,333$1,237,674$740,146$4,424,812
52$5,452,283$1,252,358$718,979$4,811,515
53$5,961,006$1,266,313$695,655$5,236,184
54$6,520,125$1,279,459$670,056$5,702,665
55$7,134,734$1,291,709$642,059$6,215,199
56$7,810,445$1,302,970$611,536$6,778,457
57$8,553,438$1,313,144$578,350$7,397,587
58$9,370,527$1,322,126$542,363$8,078,264
59$10,269,214$1,329,804$503,426$8,826,739
60$11,257,769$1,336,059$461,385$9,649,904
61$12,345,300$1,340,765$416,081$10,555,352
62$13,541,846$1,343,788$367,345$11,551,451
63$14,858,466$1,344,985$315,002$12,647,424
64$16,307,344$1,344,204$258,870$13,853,434
65$17,901,907$1,341,284$198,756$15,180,683
66$19,656,949$1,336,054$134,462$16,641,513
67$21,588,770$1,328,333$65,778$18,249,528
68$23,715,332$1,317,928$0$20,019,719
69$26,056,425$1,304,636$0$21,969,652
70$28,633,856$1,288,239$0$24,126,295
71$31,471,655$1,268,508$0$26,500,612
72$34,596,300$1,245,201$0$29,114,752
73$38,036,966$1,218,060$0$31,993,121
74$41,825,804$1,186,812$0$35,162,611
75$45,998,238$1,151,168$0$38,652,861
76$50,593,306$1,110,823$0$42,496,527
77$55,654,023$1,065,453$0$46,729,601
78$61,227,790$1,014,717$0$51,391,739
79$67,366,838$958,252$0$56,526,647
80$74,128,725$895,675$0$62,182,484
81$81,576,873$826,581$0$68,412,322
82$89,781,174$750,543$0$75,274,646
83$98,818,642$667,109$0$82,833,906
84$108,774,146$575,799$0$91,161,125
85$119,741,205$476,109$0$100,334,569
86$131,822,875$367,506$0$110,440,488
87$145,132,719$249,425$0$121,573,927
88$159,795,881$121,271$0$133,839,629
89$175,950,263$0$0$147,353,017
90$193,747,831$0$0$162,243,416
91$213,356,047$0$0$178,664,924
92$234,959,447$0$0$196,757,415
93$258,761,388$0$0$216,691,204
94$284,985,964$0$0$238,653,972
95$313,880,121$0$0$262,852,540
96$345,715,987$0$0$289,514,822
97$380,793,445$0$0$318,891,974
98$419,442,958$0$0$351,260,764
99$462,028,691$0$0$386,926,188
100$508,951,950$0$0$426,224,345