Can I retire at age 30 with 822,000?

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 $822,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$67,880$67,275$66,685$66,110$65,547$63,021
2 years$33,604$32,978$32,372$31,783$31,213$28,698
3 years$22,180$21,552$20,947$20,364$19,803$17,378
4 years$16,469$15,843$15,244$14,671$14,124$11,808
5 years$13,044$12,421$11,830$11,269$10,737$8,536
6 years$10,761$10,143$9,560$9,012$8,495$6,411
7 years$9,131$8,518$7,945$7,409$6,909$4,940
8 years$7,909$7,301$6,738$6,215$5,732$3,876
9 years$6,959$6,357$5,803$5,294$4,827$3,083
10 years$6,199$5,603$5,059$4,564$4,113$2,476
11 years$5,578$4,988$4,454$3,972$3,537$2,005
12 years$5,061$4,477$3,953$3,484$3,065$1,633
13 years$4,624$4,046$3,532$3,076$2,673$1,336
14 years$4,249$3,678$3,173$2,730$2,343$1,098
15 years$3,925$3,360$2,865$2,435$2,063$905
16 years$3,642$3,083$2,598$2,180$1,823$747
17 years$3,392$2,839$2,364$1,959$1,617$619
18 years$3,170$2,623$2,158$1,765$1,437$513
19 years$2,972$2,431$1,975$1,595$1,281$426
20 years$2,794$2,259$1,813$1,445$1,144$354
21 years$2,633$2,104$1,667$1,311$1,024$295
22 years$2,487$1,964$1,537$1,192$918$246
23 years$2,353$1,837$1,419$1,086$824$205
24 years$2,231$1,721$1,312$990$741$171
25 years$2,119$1,615$1,215$904$666$142
26 years$2,016$1,518$1,127$827$600$119
27 years$1,921$1,429$1,047$757$541$99
28 years$1,832$1,346$973$693$488$83
29 years$1,750$1,270$906$636$441$69
30 years$1,673$1,200$843$584$398$58
31 years$1,602$1,134$786$536$360$48
32 years$1,535$1,073$734$493$326$40
33 years$1,472$1,016$685$453$295$34
34 years$1,413$963$640$417$267$28
35 years$1,358$913$598$384$242$24
36 years$1,306$867$560$353$219$20
37 years$1,256$823$524$326$199$16
38 years$1,210$783$491$300$180$14
39 years$1,166$744$460$277$163$11
40 years$1,124$708$431$255$148$10
41 years$1,084$674$404$235$134$8
42 years$1,047$642$379$217$122$7
43 years$1,011$612$356$201$111$6
44 years$977$583$334$185$100$5
45 years$944$556$313$171$91$4
46 years$913$530$294$158$83$3
47 years$884$506$277$146$75$3
48 years$855$483$260$135$68$2
49 years$828$461$244$125$62$2
50 years$803$441$230$115$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $822,000, adding $5,770 every year, while hoping to spend $45,211 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: 59/19/22 Blend
29$822,000$822,000$822,000$822,000
30$911,796$868,230$855,489$959,933
31$956,695$862,669$836,043$987,751
32$1,004,658$855,320$814,431$1,012,674
33$1,055,951$846,048$790,533$1,038,861
34$1,110,863$834,710$764,221$1,066,446
35$1,169,714$821,153$735,364$1,095,574
36$1,232,851$805,217$703,826$1,126,409
37$1,300,659$786,730$669,461$1,159,135
38$1,373,559$765,512$632,121$1,193,954
39$1,452,011$741,371$591,646$1,231,092
40$1,536,524$714,106$547,874$1,270,803
41$1,627,654$683,501$500,632$1,313,367
42$1,726,013$649,331$449,741$1,359,095
43$1,832,273$611,355$395,014$1,408,335
44$1,947,173$569,320$336,256$1,461,472
45$2,071,525$522,957$273,261$1,518,934
46$2,206,222$471,983$205,816$1,581,196
47$2,352,245$416,099$133,700$1,648,787
48$2,510,674$354,987$56,678$1,722,293
49$2,682,695$288,314$0$1,802,364
50$2,869,614$215,726$0$1,895,710
51$3,072,867$136,849$0$2,011,729
52$3,294,035$51,290$0$2,138,051
53$3,534,855$0$0$2,275,723
54$3,797,241$0$0$2,434,549
55$4,083,298$0$0$2,619,456
56$4,395,343$0$0$2,821,225
57$4,735,927$0$0$3,041,515
58$5,107,856$0$0$3,282,149
59$5,514,222$0$0$3,545,135
60$5,958,425$0$0$3,832,684
61$6,444,213$0$0$4,147,230
62$6,975,709$0$0$4,491,454
63$7,557,454$0$0$4,868,307
64$8,194,449$0$0$5,281,038
65$8,892,201$0$0$5,733,227
66$9,656,774$0$0$6,228,816
67$10,494,847$0$0$6,772,145
68$11,413,776$0$0$7,367,995
69$12,421,661$0$0$8,021,632
70$13,527,427$0$0$8,738,856
71$14,740,902$0$0$9,526,056
72$16,072,912$0$0$10,390,270
73$17,535,382$0$0$11,339,249
74$19,141,451$0$0$12,381,532
75$20,905,588$0$0$13,526,527
76$22,843,736$0$0$14,784,598
77$24,973,457$0$0$16,167,160
78$27,314,100$0$0$17,686,791
79$29,886,978$0$0$19,357,348
80$32,715,575$0$0$21,194,096
81$35,825,763$0$0$23,213,855
82$39,246,046$0$0$25,435,156
83$43,007,829$0$0$27,878,413
84$47,145,712$0$0$30,566,123
85$51,697,818$0$0$33,523,069
86$56,706,151$0$0$36,776,558
87$62,216,992$0$0$40,356,678
88$68,281,333$0$0$44,296,581
89$74,955,360$0$0$48,632,795
90$82,300,982$0$0$53,405,568
91$90,386,414$0$0$58,659,250
92$99,286,817$0$0$64,442,706
93$109,085,012$0$0$70,809,781
94$119,872,258$0$0$77,819,807
95$131,749,111$0$0$85,538,159
96$144,826,375$0$0$94,036,876
97$159,226,143$0$0$103,395,338
98$175,082,953$0$0$113,701,014
99$192,545,054$0$0$125,050,288
100$211,775,803$0$0$137,549,369