Can I retire at age 30 with 822,000?

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 $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%18.9%
1 years$67,880$67,275$66,685$66,110$65,547$63,197
2 years$33,604$32,978$32,372$31,783$31,213$28,870
3 years$22,180$21,552$20,947$20,364$19,803$17,541
4 years$16,469$15,843$15,244$14,671$14,124$11,961
5 years$13,044$12,421$11,830$11,269$10,737$8,678
6 years$10,761$10,143$9,560$9,012$8,495$6,543
7 years$9,131$8,518$7,945$7,409$6,909$5,062
8 years$7,909$7,301$6,738$6,215$5,732$3,989
9 years$6,959$6,357$5,803$5,294$4,827$3,186
10 years$6,199$5,603$5,059$4,564$4,113$2,570
11 years$5,578$4,988$4,454$3,972$3,537$2,090
12 years$5,061$4,477$3,953$3,484$3,065$1,710
13 years$4,624$4,046$3,532$3,076$2,673$1,406
14 years$4,249$3,678$3,173$2,730$2,343$1,161
15 years$3,925$3,360$2,865$2,435$2,063$962
16 years$3,642$3,083$2,598$2,180$1,823$799
17 years$3,392$2,839$2,364$1,959$1,617$665
18 years$3,170$2,623$2,158$1,765$1,437$554
19 years$2,972$2,431$1,975$1,595$1,281$463
20 years$2,794$2,259$1,813$1,445$1,144$387
21 years$2,633$2,104$1,667$1,311$1,024$324
22 years$2,487$1,964$1,537$1,192$918$271
23 years$2,353$1,837$1,419$1,086$824$227
24 years$2,231$1,721$1,312$990$741$190
25 years$2,119$1,615$1,215$904$666$160
26 years$2,016$1,518$1,127$827$600$134
27 years$1,921$1,429$1,047$757$541$113
28 years$1,832$1,346$973$693$488$95
29 years$1,750$1,270$906$636$441$79
30 years$1,673$1,200$843$584$398$67
31 years$1,602$1,134$786$536$360$56
32 years$1,535$1,073$734$493$326$47
33 years$1,472$1,016$685$453$295$40
34 years$1,413$963$640$417$267$33
35 years$1,358$913$598$384$242$28
36 years$1,306$867$560$353$219$24
37 years$1,256$823$524$326$199$20
38 years$1,210$783$491$300$180$17
39 years$1,166$744$460$277$163$14
40 years$1,124$708$431$255$148$12
41 years$1,084$674$404$235$134$10
42 years$1,047$642$379$217$122$8
43 years$1,011$612$356$201$111$7
44 years$977$583$334$185$100$6
45 years$944$556$313$171$91$5
46 years$913$530$294$158$83$4
47 years$884$506$277$146$75$3
48 years$855$483$260$135$68$3
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 $4,934 every year, while hoping to spend $58,614 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: 52/21/27 Blend
29$822,000$822,000$822,000$822,000
30$910,933$867,367$854,626$951,185
31$941,484$847,504$820,892$959,784
32$973,186$824,702$784,062$962,792
33$1,006,095$798,757$743,972$964,895
34$1,040,271$769,450$700,450$966,030
35$1,075,776$736,551$653,313$966,131
36$1,112,680$699,816$602,373$965,132
37$1,151,053$658,987$547,432$962,963
38$1,190,974$613,791$488,285$959,550
39$1,232,527$563,940$424,716$954,817
40$1,275,800$509,128$356,499$948,686
41$1,320,890$449,034$283,400$941,076
42$1,367,900$383,316$205,173$931,903
43$1,416,942$311,615$121,563$921,080
44$1,468,136$233,550$32,301$908,518
45$1,521,612$148,720$0$894,124
46$1,577,509$56,700$0$895,943
47$1,635,981$0$0$906,849
48$1,697,189$0$0$927,444
49$1,761,313$0$0$962,768
50$1,828,543$0$0$999,828
51$1,899,090$0$0$1,038,743
52$1,973,180$0$0$1,079,640
53$2,051,060$0$0$1,122,659
54$2,132,996$0$0$1,167,952
55$2,219,281$0$0$1,215,685
56$2,310,231$0$0$1,266,038
57$2,406,193$0$0$1,319,206
58$2,507,543$0$0$1,375,405
59$2,614,692$0$0$1,434,868
60$2,728,089$0$0$1,497,850
61$2,848,223$0$0$1,564,630
62$2,975,629$0$0$1,635,512
63$3,110,893$0$0$1,710,830
64$3,254,655$0$0$1,790,948
65$3,407,613$0$0$1,876,265
66$3,570,533$0$0$1,967,218
67$3,744,255$0$0$2,064,284
68$3,929,697$0$0$2,167,988
69$4,127,865$0$0$2,278,903
70$4,339,862$0$0$2,397,661
71$4,566,898$0$0$2,524,950
72$4,810,299$0$0$2,661,528
73$5,071,521$0$0$2,808,228
74$5,352,161$0$0$2,965,960
75$5,653,971$0$0$3,135,726
76$5,978,876$0$0$3,318,627
77$6,328,990$0$0$3,515,869
78$6,706,634$0$0$3,728,781
79$7,114,358$0$0$3,958,820
80$7,554,965$0$0$4,207,589
81$8,031,535$0$0$4,476,849
82$8,547,453$0$0$4,768,536
83$9,106,441$0$0$5,084,779
84$9,712,590$0$0$5,427,919
85$10,370,401$0$0$5,800,531
86$11,084,824$0$0$6,205,447
87$11,861,302$0$0$6,645,782
88$12,705,824$0$0$7,124,964
89$13,624,979$0$0$7,646,763
90$14,626,018$0$0$8,215,330
91$15,716,919$0$0$8,835,232
92$16,906,461$0$0$9,511,495
93$18,204,309$0$0$10,249,652
94$19,621,099$0$0$11,055,791
95$21,168,541$0$0$11,936,619
96$22,859,523$0$0$12,899,514
97$24,708,236$0$0$13,952,604
98$26,730,305$0$0$15,104,835
99$28,942,933$0$0$16,366,059
100$31,365,062$0$0$17,747,125