Can I retire at age 30 with 818,000?

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 $818,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$67,550$66,948$66,361$65,788$65,228$64,148
2 years$33,440$32,818$32,214$31,629$31,061$29,976
3 years$22,072$21,447$20,845$20,265$19,706$18,650
4 years$16,389$15,766$15,170$14,600$14,055$13,035
5 years$12,980$12,360$11,772$11,214$10,684$9,705
6 years$10,708$10,093$9,514$8,968$8,454$7,515
7 years$9,086$8,476$7,906$7,373$6,875$5,978
8 years$7,870$7,266$6,705$6,185$5,704$4,848
9 years$6,925$6,326$5,775$5,268$4,803$3,988
10 years$6,169$5,576$5,035$4,541$4,093$3,317
11 years$5,551$4,964$4,432$3,952$3,520$2,784
12 years$5,036$4,456$3,934$3,467$3,050$2,352
13 years$4,601$4,027$3,514$3,061$2,660$1,999
14 years$4,229$3,660$3,158$2,717$2,332$1,707
15 years$3,906$3,343$2,851$2,423$2,053$1,463
16 years$3,624$3,068$2,585$2,169$1,814$1,258
17 years$3,375$2,825$2,352$1,949$1,609$1,085
18 years$3,155$2,611$2,147$1,757$1,430$938
19 years$2,957$2,419$1,966$1,587$1,275$812
20 years$2,780$2,248$1,804$1,438$1,139$705
21 years$2,620$2,094$1,659$1,305$1,019$612
22 years$2,474$1,955$1,529$1,186$914$533
23 years$2,342$1,828$1,412$1,080$820$464
24 years$2,220$1,713$1,306$985$737$404
25 years$2,109$1,608$1,210$900$663$353
26 years$2,006$1,511$1,122$823$597$308
27 years$1,911$1,422$1,042$753$539$269
28 years$1,823$1,340$968$690$486$235
29 years$1,741$1,264$901$633$439$206
30 years$1,665$1,194$839$581$397$180
31 years$1,594$1,128$783$533$359$157
32 years$1,527$1,068$730$490$324$138
33 years$1,465$1,011$682$451$293$121
34 years$1,406$958$637$415$266$106
35 years$1,351$909$596$382$241$92
36 years$1,299$863$557$352$218$81
37 years$1,250$819$521$324$198$71
38 years$1,204$779$488$299$179$62
39 years$1,160$741$457$275$162$55
40 years$1,118$705$429$254$147$48
41 years$1,079$671$402$234$134$42
42 years$1,041$639$377$216$121$37
43 years$1,006$609$354$200$110$32
44 years$972$580$332$184$100$28
45 years$940$553$312$170$91$25
46 years$909$528$293$157$82$22
47 years$879$504$275$145$75$19
48 years$851$481$259$134$68$17
49 years$824$459$243$124$62$15
50 years$799$439$229$115$56$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $818,000, adding $5,807 every year, while hoping to spend $22,980 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: 68/11/21 Blend
29$818,000$818,000$818,000$818,000
30$907,426$864,072$851,393$963,986
31$975,533$881,961$855,464$1,020,460
32$1,049,816$899,956$858,901$1,079,011
33$1,130,883$918,039$861,659$1,142,509
34$1,219,398$936,188$863,690$1,211,440
35$1,316,097$954,381$864,944$1,286,343
36$1,421,786$972,594$865,368$1,367,808
37$1,537,357$990,800$864,906$1,456,486
38$1,663,789$1,008,970$863,502$1,553,097
39$1,802,159$1,027,074$861,093$1,658,430
40$1,953,657$1,045,078$857,617$1,773,360
41$2,119,589$1,062,945$853,006$1,898,847
42$2,301,395$1,080,638$847,190$2,035,951
43$2,500,663$1,098,115$840,096$2,185,840
44$2,719,138$1,115,330$831,647$2,349,801
45$2,958,745$1,132,236$821,762$2,529,252
46$3,221,604$1,148,782$810,358$2,725,759
47$3,510,047$1,164,912$797,344$2,941,044
48$3,826,646$1,180,568$782,630$3,177,008
49$4,174,234$1,195,685$766,118$3,435,743
50$4,555,930$1,210,198$747,707$3,719,560
51$4,975,170$1,224,033$727,290$4,031,000
52$5,435,741$1,237,114$704,758$4,372,870
53$5,941,812$1,249,358$679,993$4,748,259
54$6,497,980$1,260,679$652,875$5,160,573
55$7,109,304$1,270,983$623,277$5,613,569
56$7,781,362$1,280,170$591,066$6,111,385
57$8,520,298$1,288,135$556,104$6,658,581
58$9,332,880$1,294,766$518,245$7,260,187
59$10,226,566$1,299,942$477,339$7,921,745
60$11,209,573$1,303,536$433,227$8,649,362
61$12,290,953$1,305,413$385,743$9,449,771
62$13,480,681$1,305,429$334,717$10,330,392
63$14,789,747$1,303,432$279,966$11,299,405
64$16,230,260$1,299,258$221,304$12,365,825
65$17,815,562$1,292,737$158,533$13,539,586
66$19,560,354$1,283,686$91,448$14,831,640
67$21,480,834$1,271,911$19,835$16,254,056
68$23,594,851$1,257,206$0$17,820,138
69$25,922,071$1,239,354$0$19,557,226
70$28,484,165$1,218,125$0$21,474,368
71$31,305,010$1,193,274$0$23,584,981
72$34,410,919$1,164,543$0$25,908,749
73$37,830,884$1,131,656$0$28,467,368
74$41,596,852$1,094,325$0$31,284,742
75$45,744,026$1,052,242$0$34,387,217
76$50,311,197$1,005,082$0$37,803,823
77$55,341,110$952,502$0$41,566,551
78$60,880,866$894,137$0$45,710,654
79$66,982,368$829,604$0$50,274,982
80$73,702,811$758,496$0$55,302,346
81$81,105,219$680,384$0$60,839,925
82$89,259,041$594,812$0$66,939,708
83$98,240,807$501,302$0$73,658,987
84$108,134,850$399,346$0$81,060,900
85$119,034,100$288,409$0$89,215,022
86$131,040,962$167,925$0$98,198,026
87$144,268,284$37,298$0$108,094,405
88$158,840,419$0$0$118,997,272
89$174,894,400$0$0$131,021,837
90$192,581,232$0$0$144,274,476
91$212,067,322$0$0$158,875,369
92$233,536,041$0$0$174,961,927
93$257,189,461$0$0$192,685,574
94$283,250,262$0$0$212,213,175
95$311,963,830$0$0$233,728,612
96$343,600,576$0$0$257,434,519
97$378,458,488$0$0$283,554,195
98$416,865,943$0$0$312,333,710
99$459,184,805$0$0$344,044,231
100$505,813,846$0$0$378,984,578