Can I retire at age 30 with 821,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $821,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$67,797$67,194$66,604$66,029$65,468$63,807
2 years$33,563$32,938$32,332$31,745$31,175$29,513
3 years$22,153$21,525$20,921$20,339$19,779$18,167
4 years$16,449$15,823$15,225$14,653$14,106$12,557
5 years$13,028$12,406$11,815$11,255$10,723$9,242
6 years$10,748$10,130$9,549$9,001$8,485$7,072
7 years$9,120$8,507$7,935$7,400$6,901$5,556
8 years$7,899$7,292$6,729$6,208$5,725$4,448
9 years$6,950$6,349$5,796$5,288$4,821$3,611
10 years$6,192$5,597$5,053$4,558$4,108$2,963
11 years$5,571$4,982$4,449$3,967$3,533$2,452
12 years$5,055$4,472$3,948$3,479$3,061$2,043
13 years$4,618$4,041$3,527$3,072$2,670$1,711
14 years$4,244$3,673$3,169$2,727$2,340$1,439
15 years$3,920$3,356$2,862$2,432$2,061$1,215
16 years$3,637$3,079$2,594$2,177$1,821$1,029
17 years$3,388$2,835$2,361$1,956$1,615$873
18 years$3,166$2,620$2,155$1,763$1,436$743
19 years$2,968$2,428$1,973$1,593$1,280$633
20 years$2,790$2,256$1,811$1,443$1,143$540
21 years$2,630$2,102$1,665$1,310$1,023$461
22 years$2,484$1,962$1,535$1,191$917$395
23 years$2,350$1,835$1,417$1,084$823$338
24 years$2,229$1,719$1,311$989$740$289
25 years$2,117$1,613$1,214$903$666$248
26 years$2,014$1,516$1,126$826$600$213
27 years$1,918$1,427$1,045$756$541$183
28 years$1,830$1,345$972$693$488$157
29 years$1,748$1,269$904$635$440$135
30 years$1,671$1,198$842$583$398$116
31 years$1,600$1,133$785$535$360$99
32 years$1,533$1,072$733$492$325$85
33 years$1,470$1,015$684$452$295$73
34 years$1,411$962$639$416$267$63
35 years$1,356$912$598$383$242$54
36 years$1,304$866$559$353$219$47
37 years$1,255$822$523$325$198$40
38 years$1,208$782$490$300$180$35
39 years$1,164$743$459$276$163$30
40 years$1,122$707$430$255$148$26
41 years$1,083$673$404$235$134$22
42 years$1,045$641$379$217$122$19
43 years$1,009$611$355$200$111$16
44 years$975$582$333$185$100$14
45 years$943$555$313$171$91$12
46 years$912$530$294$158$83$10
47 years$883$505$276$146$75$9
48 years$854$482$260$135$68$8
49 years$827$461$244$125$62$7
50 years$802$440$229$115$56$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $821,000, adding $2,115 every year, while hoping to spend $27,117 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: 25/45/30 Blend
29$821,000$821,000$821,000$821,000
30$906,924$863,411$850,685$921,060
31$970,578$876,865$850,331$946,625
32$1,039,815$890,071$849,056$971,591
33$1,115,178$902,986$846,801$997,805
34$1,197,260$915,566$843,503$1,025,390
35$1,286,718$927,766$839,097$1,054,486
36$1,384,271$939,535$833,515$1,085,246
37$1,490,714$950,818$826,684$1,117,841
38$1,606,918$961,561$818,530$1,152,461
39$1,733,847$971,700$808,974$1,189,318
40$1,872,557$981,171$797,932$1,228,647
41$2,024,215$989,905$785,320$1,270,710
42$2,190,102$997,828$771,045$1,315,798
43$2,371,631$1,004,860$755,014$1,364,232
44$2,570,358$1,010,919$737,127$1,416,371
45$2,787,994$1,015,914$717,281$1,472,613
46$3,026,427$1,019,751$695,367$1,533,399
47$3,287,732$1,022,328$671,272$1,599,218
48$3,574,198$1,023,539$644,876$1,670,613
49$3,888,343$1,023,270$616,057$1,748,186
50$4,232,943$1,021,399$584,684$1,832,605
51$4,611,054$1,017,798$550,622$1,924,608
52$5,026,043$1,012,331$513,728$2,025,015
53$5,481,616$1,004,853$473,855$2,134,733
54$5,981,861$995,210$430,849$2,254,768
55$6,531,275$983,240$384,547$2,386,232
56$7,134,816$968,770$334,781$2,530,357
57$7,797,946$951,618$281,374$2,688,508
58$8,526,679$931,590$224,142$2,862,192
59$9,327,643$908,480$162,894$3,053,079
60$10,208,139$882,073$97,428$3,263,017
61$11,176,212$852,137$27,534$3,494,049
62$12,240,724$818,430$0$3,748,432
63$13,411,439$780,695$0$4,043,728
64$14,699,115$738,658$0$4,378,020
65$16,115,605$692,032$0$4,745,615
66$17,673,969$640,513$0$5,149,966
67$19,388,594$583,779$0$5,594,885
68$21,275,335$521,489$0$6,084,577
69$23,351,661$453,283$0$6,623,685
70$25,636,818$378,782$0$7,217,333
71$28,152,015$297,584$0$7,871,171
72$30,920,620$209,265$0$8,591,437
73$33,968,381$113,377$0$9,385,013
74$37,323,670$9,447$0$10,259,491
75$41,017,750$0$0$11,223,247
76$45,085,069$0$0$12,336,538
77$49,563,584$0$0$13,567,711
78$54,495,123$0$0$14,923,607
79$59,925,775$0$0$16,416,923
80$65,906,326$0$0$18,061,647
81$72,492,739$0$0$19,873,194
82$79,746,682$0$0$21,868,551
83$87,736,106$0$0$24,066,435
84$96,535,892$0$0$26,487,473
85$106,228,554$0$0$29,154,394
86$116,905,016$0$0$32,092,245
87$128,665,474$0$0$35,328,626
88$141,620,337$0$0$38,893,951
89$155,891,272$0$0$42,821,737
90$171,612,351$0$0$47,148,915
91$188,931,315$0$0$51,916,185
92$208,010,970$0$0$57,168,397
93$229,030,723$0$0$62,954,972
94$252,188,273$0$0$69,330,373
95$277,701,481$0$0$76,354,616
96$305,810,421$0$0$84,093,837
97$336,779,650$0$0$92,620,916
98$370,900,702$0$0$102,016,166
99$408,494,842$0$0$112,368,092
100$449,916,095$0$0$123,774,222