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%13.5%
1 years$67,550$66,948$66,361$65,788$65,228$64,280
2 years$33,440$32,818$32,214$31,629$31,061$30,108
3 years$22,072$21,447$20,845$20,265$19,706$18,778
4 years$16,389$15,766$15,170$14,600$14,055$13,158
5 years$12,980$12,360$11,772$11,214$10,684$9,821
6 years$10,708$10,093$9,514$8,968$8,454$7,627
7 years$9,086$8,476$7,906$7,373$6,875$6,084
8 years$7,870$7,266$6,705$6,185$5,704$4,947
9 years$6,925$6,326$5,775$5,268$4,803$4,082
10 years$6,169$5,576$5,035$4,541$4,093$3,406
11 years$5,551$4,964$4,432$3,952$3,520$2,867
12 years$5,036$4,456$3,934$3,467$3,050$2,431
13 years$4,601$4,027$3,514$3,061$2,660$2,072
14 years$4,229$3,660$3,158$2,717$2,332$1,775
15 years$3,906$3,343$2,851$2,423$2,053$1,527
16 years$3,624$3,068$2,585$2,169$1,814$1,318
17 years$3,375$2,825$2,352$1,949$1,609$1,141
18 years$3,155$2,611$2,147$1,757$1,430$989
19 years$2,957$2,419$1,966$1,587$1,275$860
20 years$2,780$2,248$1,804$1,438$1,139$749
21 years$2,620$2,094$1,659$1,305$1,019$653
22 years$2,474$1,955$1,529$1,186$914$570
23 years$2,342$1,828$1,412$1,080$820$499
24 years$2,220$1,713$1,306$985$737$436
25 years$2,109$1,608$1,210$900$663$382
26 years$2,006$1,511$1,122$823$597$335
27 years$1,911$1,422$1,042$753$539$294
28 years$1,823$1,340$968$690$486$258
29 years$1,741$1,264$901$633$439$226
30 years$1,665$1,194$839$581$397$199
31 years$1,594$1,128$783$533$359$175
32 years$1,527$1,068$730$490$324$154
33 years$1,465$1,011$682$451$293$135
34 years$1,406$958$637$415$266$119
35 years$1,351$909$596$382$241$104
36 years$1,299$863$557$352$218$92
37 years$1,250$819$521$324$198$81
38 years$1,204$779$488$299$179$71
39 years$1,160$741$457$275$162$63
40 years$1,118$705$429$254$147$55
41 years$1,079$671$402$234$134$49
42 years$1,041$639$377$216$121$43
43 years$1,006$609$354$200$110$38
44 years$972$580$332$184$100$33
45 years$940$553$312$170$91$29
46 years$909$528$293$157$82$26
47 years$879$504$275$145$75$23
48 years$851$481$259$134$68$20
49 years$824$459$243$124$62$18
50 years$799$439$229$115$56$15

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 $36,262 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: 43/41/16 Blend
29$818,000$818,000$818,000$818,000
30$908,193$864,839$852,160$942,760
31$962,247$868,634$842,125$971,489
32$1,020,598$871,399$830,539$998,497
33$1,083,647$873,046$817,310$1,026,981
34$1,151,835$873,481$802,345$1,057,095
35$1,225,644$872,603$785,546$1,089,007
36$1,305,605$870,306$766,807$1,122,906
37$1,392,303$866,478$746,022$1,159,003
38$1,486,381$860,998$723,076$1,197,533
39$1,588,544$853,739$697,851$1,238,756
40$1,699,570$844,567$670,224$1,282,962
41$1,820,315$833,339$640,065$1,330,473
42$1,951,718$819,904$607,238$1,381,648
43$2,094,815$804,101$571,602$1,436,885
44$2,250,744$785,760$533,009$1,496,626
45$2,420,759$764,702$491,304$1,561,362
46$2,606,240$740,735$446,326$1,631,638
47$2,808,704$713,659$397,906$1,708,060
48$3,029,824$683,260$345,868$1,791,299
49$3,271,438$649,313$290,027$1,882,099
50$3,535,574$611,578$230,191$1,981,285
51$3,824,460$569,803$166,161$2,089,774
52$4,140,553$523,721$97,725$2,208,578
53$4,486,556$473,050$24,666$2,338,823
54$4,865,447$417,492$0$2,481,752
55$5,280,505$356,731$0$2,647,845
56$5,735,340$290,435$0$2,834,614
57$6,233,929$218,251$0$3,039,577
58$6,780,653$139,808$0$3,264,648
59$7,380,334$54,713$0$3,511,945
60$8,038,287$0$0$3,783,807
61$8,760,364$0$0$4,099,714
62$9,553,010$0$0$4,473,696
63$10,423,328$0$0$4,884,433
64$11,379,139$0$0$5,335,628
65$12,429,061$0$0$5,831,365
66$13,582,587$0$0$6,376,139
67$14,850,174$0$0$6,974,904
68$16,243,342$0$0$7,633,118
69$17,774,785$0$0$8,356,793
70$19,458,486$0$0$9,152,554
71$21,309,850$0$0$10,027,698
72$23,345,852$0$0$10,990,267
73$25,585,191$0$0$12,049,119
74$28,048,472$0$0$13,214,017
75$30,758,395$0$0$14,495,715
76$33,739,974$0$0$15,906,063
77$37,020,766$0$0$17,458,118
78$40,631,138$0$0$19,166,265
79$44,604,546$0$0$21,046,358
80$48,977,857$0$0$23,115,861
81$53,791,691$0$0$25,394,021
82$59,090,805$0$0$27,902,045
83$64,924,518$0$0$30,663,299
84$71,347,174$0$0$33,703,530
85$78,418,651$0$0$37,051,112
86$86,204,932$0$0$40,737,306
87$94,778,723$0$0$44,796,562
88$104,220,138$0$0$49,266,839
89$114,617,458$0$0$54,189,968
90$126,067,961$0$0$59,612,039
91$138,678,840$0$0$65,583,845
92$152,568,216$0$0$72,161,353
93$167,866,247$0$0$79,406,238
94$184,716,365$0$0$87,386,460
95$203,276,618$0$0$96,176,910
96$223,721,172$0$0$105,860,112
97$246,241,946$0$0$116,527,006
98$271,050,427$0$0$128,277,801
99$298,379,666$0$0$141,222,926
100$328,486,472$0$0$155,484,068