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%15%
1 years$67,550$66,948$66,361$65,788$65,228$63,885
2 years$33,440$32,818$32,214$31,629$31,061$29,714
3 years$22,072$21,447$20,845$20,265$19,706$18,398
4 years$16,389$15,766$15,170$14,600$14,055$12,794
5 years$12,980$12,360$11,772$11,214$10,684$9,475
6 years$10,708$10,093$9,514$8,968$8,454$7,298
7 years$9,086$8,476$7,906$7,373$6,875$5,773
8 years$7,870$7,266$6,705$6,185$5,704$4,654
9 years$6,925$6,326$5,775$5,268$4,803$3,806
10 years$6,169$5,576$5,035$4,541$4,093$3,146
11 years$5,551$4,964$4,432$3,952$3,520$2,624
12 years$5,036$4,456$3,934$3,467$3,050$2,203
13 years$4,601$4,027$3,514$3,061$2,660$1,860
14 years$4,229$3,660$3,158$2,717$2,332$1,577
15 years$3,906$3,343$2,851$2,423$2,053$1,343
16 years$3,624$3,068$2,585$2,169$1,814$1,147
17 years$3,375$2,825$2,352$1,949$1,609$982
18 years$3,155$2,611$2,147$1,757$1,430$842
19 years$2,957$2,419$1,966$1,587$1,275$724
20 years$2,780$2,248$1,804$1,438$1,139$624
21 years$2,620$2,094$1,659$1,305$1,019$538
22 years$2,474$1,955$1,529$1,186$914$464
23 years$2,342$1,828$1,412$1,080$820$401
24 years$2,220$1,713$1,306$985$737$347
25 years$2,109$1,608$1,210$900$663$300
26 years$2,006$1,511$1,122$823$597$260
27 years$1,911$1,422$1,042$753$539$225
28 years$1,823$1,340$968$690$486$195
29 years$1,741$1,264$901$633$439$169
30 years$1,665$1,194$839$581$397$147
31 years$1,594$1,128$783$533$359$128
32 years$1,527$1,068$730$490$324$111
33 years$1,465$1,011$682$451$293$96
34 years$1,406$958$637$415$266$83
35 years$1,351$909$596$382$241$73
36 years$1,299$863$557$352$218$63
37 years$1,250$819$521$324$198$55
38 years$1,204$779$488$299$179$48
39 years$1,160$741$457$275$162$41
40 years$1,118$705$429$254$147$36
41 years$1,079$671$402$234$134$31
42 years$1,041$639$377$216$121$27
43 years$1,006$609$354$200$110$24
44 years$972$580$332$184$100$20
45 years$940$553$312$170$91$18
46 years$909$528$293$157$82$15
47 years$879$504$275$145$75$13
48 years$851$481$259$134$68$12
49 years$824$459$243$124$62$10
50 years$799$439$229$115$56$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $818,000, adding $6,551 every year, while hoping to spend $32,807 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: 40/33/27 Blend
29$818,000$818,000$818,000$818,000
30$908,193$864,839$852,160$937,058
31$965,923$872,310$845,801$966,067
32$1,028,441$879,047$838,130$993,889
33$1,096,202$884,981$829,067$1,023,358
34$1,169,704$890,035$818,531$1,054,645
35$1,249,497$894,129$806,435$1,087,939
36$1,336,184$897,180$792,689$1,123,454
37$1,430,430$899,096$777,198$1,161,422
38$1,532,963$899,782$759,864$1,202,107
39$1,644,589$899,135$740,583$1,245,798
40$1,766,192$897,048$719,248$1,292,817
41$1,898,745$893,404$695,743$1,343,522
42$2,043,319$888,082$669,953$1,398,310
43$2,201,092$880,954$641,751$1,457,622
44$2,373,363$871,880$611,010$1,521,945
45$2,561,561$860,716$577,593$1,591,822
46$2,767,257$847,308$541,359$1,667,852
47$2,992,183$831,492$502,160$1,750,702
48$3,238,245$813,095$459,842$1,841,109
49$3,507,543$791,934$414,244$1,939,889
50$3,802,388$767,814$365,197$2,047,947
51$4,125,325$740,530$312,524$2,166,286
52$4,479,157$709,865$256,042$2,296,013
53$4,866,971$675,588$195,560$2,438,358
54$5,292,166$637,456$130,875$2,594,678
55$5,758,487$595,212$61,780$2,766,476
56$6,270,059$548,583$0$2,955,416
57$6,831,423$497,282$0$3,166,781
58$7,447,584$441,005$0$3,418,378
59$8,124,053$379,429$0$3,694,709
60$8,866,901$312,216$0$3,998,331
61$9,682,817$239,007$0$4,332,068
62$10,579,169$159,423$0$4,699,036
63$11,564,072$73,063$0$5,102,674
64$12,646,469$0$0$5,546,775
65$13,836,211$0$0$6,042,971
66$15,144,151$0$0$6,617,746
67$16,582,244$0$0$7,249,837
68$18,163,665$0$0$7,945,049
69$19,902,927$0$0$8,709,779
70$21,816,020$0$0$9,551,072
71$23,920,563$0$0$10,476,694
72$26,235,968$0$0$11,495,199
73$28,783,623$0$0$12,616,012
74$31,587,093$0$0$13,849,520
75$34,672,345$0$0$15,207,165
76$38,067,989$0$0$16,701,558
77$41,805,549$0$0$18,346,592
78$45,919,761$0$0$20,157,576
79$50,448,898$0$0$22,151,378
80$55,435,136$0$0$24,346,587
81$60,924,943$0$0$26,763,684
82$66,969,528$0$0$29,425,238
83$73,625,312$0$0$32,356,117
84$80,954,470$0$0$35,583,726
85$89,025,513$0$0$39,138,260
86$97,913,933$0$0$43,052,993
87$107,702,918$0$0$47,364,593
88$118,484,136$0$0$52,113,462
89$130,358,596$0$0$57,344,122
90$143,437,608$0$0$63,105,635
91$157,843,825$0$0$69,452,063
92$173,712,408$0$0$76,442,981
93$191,192,294$0$0$84,144,037
94$210,447,606$0$0$92,627,573
95$231,659,202$0$0$101,973,306
96$255,026,378$0$0$112,269,082
97$280,768,751$0$0$123,611,704
98$309,128,332$0$0$136,107,845
99$340,371,806$0$0$149,875,057
100$374,793,054$0$0$165,042,877