Can I retire at age 30 with 821,000?

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 $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%11.8%
1 years$67,797$67,194$66,604$66,029$65,468$64,973
2 years$33,563$32,938$32,332$31,745$31,175$30,677
3 years$22,153$21,525$20,921$20,339$19,779$19,292
4 years$16,449$15,823$15,225$14,653$14,106$13,635
5 years$13,028$12,406$11,815$11,255$10,723$10,268
6 years$10,748$10,130$9,549$9,001$8,485$8,047
7 years$9,120$8,507$7,935$7,400$6,901$6,480
8 years$7,899$7,292$6,729$6,208$5,725$5,321
9 years$6,950$6,349$5,796$5,288$4,821$4,435
10 years$6,192$5,597$5,053$4,558$4,108$3,738
11 years$5,571$4,982$4,449$3,967$3,533$3,180
12 years$5,055$4,472$3,948$3,479$3,061$2,725
13 years$4,618$4,041$3,527$3,072$2,670$2,349
14 years$4,244$3,673$3,169$2,727$2,340$2,036
15 years$3,920$3,356$2,862$2,432$2,061$1,771
16 years$3,637$3,079$2,594$2,177$1,821$1,546
17 years$3,388$2,835$2,361$1,956$1,615$1,354
18 years$3,166$2,620$2,155$1,763$1,436$1,189
19 years$2,968$2,428$1,973$1,593$1,280$1,047
20 years$2,790$2,256$1,811$1,443$1,143$923
21 years$2,630$2,102$1,665$1,310$1,023$815
22 years$2,484$1,962$1,535$1,191$917$721
23 years$2,350$1,835$1,417$1,084$823$639
24 years$2,229$1,719$1,311$989$740$566
25 years$2,117$1,613$1,214$903$666$503
26 years$2,014$1,516$1,126$826$600$446
27 years$1,918$1,427$1,045$756$541$397
28 years$1,830$1,345$972$693$488$353
29 years$1,748$1,269$904$635$440$314
30 years$1,671$1,198$842$583$398$280
31 years$1,600$1,133$785$535$360$249
32 years$1,533$1,072$733$492$325$222
33 years$1,470$1,015$684$452$295$198
34 years$1,411$962$639$416$267$177
35 years$1,356$912$598$383$242$158
36 years$1,304$866$559$353$219$141
37 years$1,255$822$523$325$198$126
38 years$1,208$782$490$300$180$112
39 years$1,164$743$459$276$163$100
40 years$1,122$707$430$255$148$90
41 years$1,083$673$404$235$134$80
42 years$1,045$641$379$217$122$71
43 years$1,009$611$355$200$111$64
44 years$975$582$333$185$100$57
45 years$943$555$313$171$91$51
46 years$912$530$294$158$83$46
47 years$883$505$276$146$75$41
48 years$854$482$260$135$68$36
49 years$827$461$244$125$62$33
50 years$802$440$229$115$56$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $821,000, adding $3,323 every year, while hoping to spend $53,315 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: 47/30/23 Blend
29$821,000$821,000$821,000$821,000
30$908,170$864,657$851,931$944,752
31$944,076$850,298$823,744$956,362
32$981,858$833,449$792,826$963,405
33$1,021,651$813,931$759,029$969,969
34$1,063,601$791,556$722,198$976,034
35$1,107,870$766,123$682,173$981,582
36$1,154,630$737,421$638,783$986,597
37$1,204,074$705,226$591,854$991,066
38$1,256,408$669,301$541,200$994,977
39$1,311,861$629,395$486,629$998,324
40$1,370,679$585,244$427,940$1,001,105
41$1,433,135$536,568$364,922$1,003,321
42$1,499,524$483,069$297,357$1,004,982
43$1,570,172$424,436$225,015$1,006,102
44$1,645,434$360,337$147,656$1,006,705
45$1,725,698$290,424$65,033$1,006,823
46$1,811,390$214,325$0$1,006,499
47$1,902,978$131,653$0$1,011,466
48$2,000,972$41,995$0$1,033,515
49$2,105,935$0$0$1,056,821
50$2,218,481$0$0$1,099,745
51$2,339,285$0$0$1,160,761
52$2,469,089$0$0$1,226,390
53$2,608,706$0$0$1,297,051
54$2,759,028$0$0$1,373,205
55$2,921,036$0$0$1,455,358
56$3,095,808$0$0$1,544,066
57$3,284,527$0$0$1,639,940
58$3,488,492$0$0$1,743,653
59$3,709,134$0$0$1,855,942
60$3,948,023$0$0$1,977,619
61$4,206,886$0$0$2,109,578
62$4,487,623$0$0$2,252,798
63$4,792,321$0$0$2,408,360
64$5,123,277$0$0$2,577,452
65$5,483,019$0$0$2,761,380
66$5,874,325$0$0$2,961,580
67$6,300,253$0$0$3,179,635
68$6,764,169$0$0$3,417,285
69$7,269,774$0$0$3,676,444
70$7,821,145$0$0$3,959,222
71$8,422,766$0$0$4,267,938
72$9,079,574$0$0$4,605,147
73$9,797,003$0$0$4,973,660
74$10,581,037$0$0$5,376,574
75$11,438,261$0$0$5,817,296
76$12,375,928$0$0$6,299,579
77$13,402,022$0$0$6,827,557
78$14,525,336$0$0$7,405,778
79$15,755,552$0$0$8,039,256
80$17,103,332$0$0$8,733,508
81$18,580,417$0$0$9,494,612
82$20,199,741$0$0$10,329,263
83$21,975,545$0$0$11,244,834
84$23,923,517$0$0$12,249,446
85$26,060,937$0$0$13,352,044
86$28,406,835$0$0$14,562,481
87$30,982,177$0$0$15,891,611
88$33,810,057$0$0$17,351,391
89$36,915,912$0$0$18,954,992
90$40,327,767$0$0$20,716,923
91$44,076,495$0$0$22,653,170
92$48,196,104$0$0$24,781,342
93$52,724,063$0$0$27,120,841
94$57,701,651$0$0$29,693,040
95$63,174,344$0$0$32,521,489
96$69,192,246$0$0$35,632,132
97$75,810,559$0$0$39,053,554
98$83,090,103$0$0$42,817,250
99$91,097,886$0$0$46,957,920
100$99,907,739$0$0$51,513,798