Can I retire at age 30 with 819,000?

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 $819,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$67,632$67,030$66,442$65,868$65,308$64,680
2 years$33,481$32,858$32,253$31,667$31,099$30,466
3 years$22,099$21,473$20,870$20,290$19,731$19,113
4 years$16,409$15,785$15,188$14,618$14,072$13,474
5 years$12,996$12,376$11,787$11,228$10,697$10,121
6 years$10,721$10,106$9,525$8,979$8,464$7,910
7 years$9,097$8,487$7,916$7,382$6,884$6,352
8 years$7,880$7,275$6,713$6,193$5,711$5,201
9 years$6,933$6,334$5,782$5,275$4,809$4,322
10 years$6,177$5,583$5,041$4,547$4,098$3,633
11 years$5,558$4,970$4,438$3,957$3,524$3,081
12 years$5,043$4,461$3,938$3,471$3,054$2,632
13 years$4,607$4,031$3,519$3,064$2,663$2,261
14 years$4,234$3,664$3,162$2,720$2,335$1,953
15 years$3,911$3,348$2,855$2,426$2,055$1,694
16 years$3,628$3,071$2,588$2,172$1,817$1,474
17 years$3,380$2,829$2,355$1,952$1,611$1,286
18 years$3,159$2,614$2,150$1,759$1,432$1,125
19 years$2,961$2,422$1,968$1,589$1,277$987
20 years$2,784$2,251$1,806$1,439$1,140$867
21 years$2,623$2,097$1,661$1,306$1,020$763
22 years$2,477$1,957$1,531$1,188$915$672
23 years$2,345$1,831$1,414$1,082$821$593
24 years$2,223$1,715$1,308$987$738$524
25 years$2,112$1,610$1,211$901$664$463
26 years$2,009$1,513$1,123$824$598$410
27 years$1,914$1,424$1,043$754$539$363
28 years$1,825$1,341$970$691$487$322
29 years$1,743$1,266$902$634$439$285
30 years$1,667$1,195$840$581$397$253
31 years$1,596$1,130$783$534$359$224
32 years$1,529$1,069$731$491$325$199
33 years$1,467$1,012$683$451$294$177
34 years$1,408$960$638$415$266$157
35 years$1,353$910$596$382$241$140
36 years$1,301$864$558$352$218$124
37 years$1,252$820$522$324$198$110
38 years$1,205$780$489$299$179$98
39 years$1,161$741$458$276$163$87
40 years$1,120$705$429$254$148$78
41 years$1,080$671$403$235$134$69
42 years$1,043$639$378$216$121$61
43 years$1,007$609$354$200$110$55
44 years$973$581$333$185$100$49
45 years$941$554$312$170$91$43
46 years$910$528$293$157$82$38
47 years$880$504$276$145$75$34
48 years$852$481$259$134$68$30
49 years$825$460$243$124$62$27
50 years$800$439$229$115$56$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $819,000, adding $5,775 every year, while hoping to spend $37,150 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: 50/38/12 Blend
29$819,000$819,000$819,000$819,000
30$908,495$865,088$852,393$950,697
31$961,634$867,950$841,421$983,106
32$1,018,948$869,707$828,836$1,013,918
33$1,080,824$870,266$814,546$1,046,557
34$1,147,687$869,527$798,451$1,081,205
35$1,220,003$867,386$780,452$1,118,066
36$1,298,286$863,730$760,439$1,157,364
37$1,383,099$858,442$738,302$1,199,350
38$1,475,064$851,394$713,924$1,244,300
39$1,574,862$842,454$687,182$1,292,523
40$1,683,244$831,480$657,949$1,344,359
41$1,801,035$818,322$626,090$1,400,187
42$1,929,142$802,822$591,466$1,460,426
43$2,068,565$784,811$553,931$1,525,543
44$2,220,403$764,111$513,331$1,596,052
45$2,385,865$740,534$469,509$1,672,525
46$2,566,282$713,878$422,296$1,755,596
47$2,763,119$683,934$371,519$1,845,965
48$2,977,988$650,478$316,996$1,944,410
49$3,212,664$613,273$258,537$2,051,791
50$3,469,101$572,069$195,943$2,169,061
51$3,749,450$526,601$129,008$2,297,273
52$4,056,080$476,590$57,515$2,437,595
53$4,391,598$421,741$0$2,591,317
54$4,758,875$361,740$0$2,762,273
55$5,161,073$296,259$0$2,957,654
56$5,601,675$224,948$0$3,171,868
57$6,084,514$147,439$0$3,406,879
58$6,613,815$63,343$0$3,664,861
59$7,194,227$0$0$3,948,212
60$7,830,874$0$0$4,271,185
61$8,529,399$0$0$4,654,698
62$9,296,016$0$0$5,075,686
63$10,137,572$0$0$5,537,921
64$11,061,607$0$0$6,045,556
65$12,076,428$0$0$6,603,167
66$13,191,188$0$0$7,215,795
67$14,415,966$0$0$7,888,993
68$15,761,869$0$0$8,628,878
69$17,241,131$0$0$9,442,190
70$18,867,232$0$0$10,336,355
71$20,655,022$0$0$11,319,553
72$22,620,861$0$0$12,400,798
73$24,782,775$0$0$13,590,019
74$27,160,624$0$0$14,898,157
75$29,776,289$0$0$16,337,267
76$32,653,878$0$0$17,920,630
77$35,819,954$0$0$19,662,880
78$39,303,784$0$0$21,580,142
79$43,137,616$0$0$23,690,182
80$47,356,981$0$0$26,012,575
81$52,001,030$0$0$28,568,891
82$57,112,902$0$0$31,382,897
83$62,740,130$0$0$34,480,780
84$68,935,089$0$0$37,891,398
85$75,755,490$0$0$41,646,546
86$83,264,927$0$0$45,781,262
87$91,533,472$0$0$50,334,152
88$100,638,337$0$0$55,347,758
89$110,664,604$0$0$60,868,956
90$121,706,027$0$0$66,949,402
91$133,865,914$0$0$73,646,016
92$147,258,105$0$0$81,021,518
93$162,008,042$0$0$89,145,026
94$178,253,956$0$0$98,092,701
95$196,148,167$0$0$107,948,466
96$215,858,526$0$0$118,804,805
97$237,569,993$0$0$130,763,626
98$261,486,388$0$0$143,937,230
99$287,832,309$0$0$158,449,367
100$316,855,255$0$0$174,436,404