Can I retire at age 30 with 823,000?

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 $823,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$67,963$67,357$66,767$66,190$65,627$65,351
2 years$33,645$33,018$32,411$31,822$31,251$30,972
3 years$22,207$21,578$20,972$20,389$19,827$19,554
4 years$16,489$15,862$15,262$14,689$14,141$13,876
5 years$13,060$12,436$11,844$11,283$10,750$10,493
6 years$10,774$10,155$9,572$9,023$8,506$8,259
7 years$9,142$8,528$7,954$7,418$6,917$6,680
8 years$7,918$7,310$6,746$6,223$5,739$5,510
9 years$6,967$6,365$5,810$5,300$4,833$4,614
10 years$6,207$5,610$5,065$4,569$4,118$3,908
11 years$5,585$4,994$4,460$3,976$3,541$3,341
12 years$5,067$4,483$3,958$3,488$3,069$2,877
13 years$4,629$4,051$3,536$3,079$2,676$2,493
14 years$4,255$3,682$3,177$2,733$2,346$2,171
15 years$3,930$3,364$2,868$2,438$2,066$1,899
16 years$3,646$3,086$2,601$2,183$1,826$1,668
17 years$3,396$2,842$2,367$1,961$1,619$1,469
18 years$3,174$2,626$2,160$1,767$1,439$1,297
19 years$2,976$2,434$1,978$1,597$1,283$1,148
20 years$2,797$2,262$1,815$1,446$1,146$1,018
21 years$2,636$2,107$1,669$1,313$1,025$904
22 years$2,490$1,967$1,539$1,194$919$805
23 years$2,356$1,839$1,421$1,087$825$717
24 years$2,234$1,723$1,314$991$742$640
25 years$2,122$1,617$1,217$905$667$571
26 years$2,018$1,520$1,129$828$601$511
27 years$1,923$1,431$1,048$758$542$457
28 years$1,834$1,348$974$694$489$409
29 years$1,752$1,272$907$637$442$366
30 years$1,675$1,201$845$584$399$328
31 years$1,604$1,135$787$537$361$294
32 years$1,537$1,074$735$493$326$264
33 years$1,474$1,017$686$454$295$237
34 years$1,415$964$641$417$267$213
35 years$1,359$915$599$384$242$191
36 years$1,307$868$560$354$219$172
37 years$1,258$824$525$326$199$154
38 years$1,211$783$491$300$180$139
39 years$1,167$745$460$277$163$125
40 years$1,125$709$431$256$148$112
41 years$1,085$675$405$236$135$101
42 years$1,048$643$379$218$122$91
43 years$1,012$612$356$201$111$82
44 years$978$584$334$185$101$74
45 years$945$557$314$171$91$66
46 years$914$531$295$158$83$60
47 years$885$507$277$146$75$54
48 years$856$484$260$135$68$48
49 years$829$462$245$125$62$43
50 years$804$441$230$115$56$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $823,000, adding $4,421 every year, while hoping to spend $51,765 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: 62/32/6 Blend
29$823,000$823,000$823,000$823,000
30$911,506$867,887$855,131$966,768
31$949,402$855,336$828,700$991,634
32$989,429$840,435$799,649$1,012,319
33$1,031,749$823,014$767,835$1,033,557
34$1,076,539$802,894$733,110$1,055,402
35$1,123,994$779,884$695,317$1,077,911
36$1,174,325$753,782$654,293$1,101,153
37$1,227,764$724,375$609,870$1,125,202
38$1,284,563$691,437$561,869$1,150,146
39$1,345,001$654,730$510,104$1,176,083
40$1,409,380$614,001$454,381$1,203,121
41$1,478,032$568,982$394,498$1,231,388
42$1,551,321$519,392$330,243$1,261,022
43$1,629,645$464,931$261,396$1,292,183
44$1,713,441$405,285$187,724$1,325,049
45$1,803,188$340,119$108,989$1,359,820
46$1,899,410$269,082$24,937$1,396,722
47$2,002,684$191,802$0$1,436,008
48$2,113,643$107,885$0$1,482,106
49$2,232,980$16,917$0$1,533,161
50$2,361,458$0$0$1,587,949
51$2,499,912$0$0$1,675,600
52$2,649,263$0$0$1,776,620
53$2,810,521$0$0$1,885,744
54$2,984,794$0$0$2,003,726
55$3,173,302$0$0$2,131,401
56$3,377,386$0$0$2,269,683
57$3,598,519$0$0$2,419,576
58$3,838,322$0$0$2,582,189
59$4,098,576$0$0$2,758,735
60$4,381,242$0$0$2,950,554
61$4,688,476$0$0$3,159,118
62$5,022,648$0$0$3,386,044
63$5,386,368$0$0$3,633,114
64$5,782,506$0$0$3,902,290
65$6,214,223$0$0$4,195,726
66$6,684,995$0$0$4,515,799
67$7,198,649$0$0$4,865,121
68$7,759,396$0$0$5,246,567
69$8,371,874$0$0$5,663,305
70$9,041,187$0$0$6,118,821
71$9,772,954$0$0$6,616,951
72$10,573,363$0$0$7,161,923
73$11,449,226$0$0$7,758,387
74$12,408,045$0$0$8,411,469
75$13,458,079$0$0$9,126,809
76$14,608,426$0$0$9,910,621
77$15,869,103$0$0$10,769,747
78$17,251,144$0$0$11,711,724
79$18,766,700$0$0$12,744,852
80$20,429,155$0$0$13,878,272
81$22,253,250$0$0$15,122,055
82$24,255,223$0$0$16,487,292
83$26,452,960$0$0$17,986,201
84$28,866,162$0$0$19,632,240
85$31,516,534$0$0$21,440,237
86$34,427,983$0$0$23,426,522
87$37,626,848$0$0$25,609,089
88$41,142,145$0$0$28,007,759
89$45,005,839$0$0$30,644,370
90$49,253,145$0$0$33,542,979
91$53,922,864$0$0$36,730,092
92$59,057,740$0$0$40,234,912
93$64,704,867$0$0$44,089,610
94$70,916,134$0$0$48,329,637
95$77,748,707$0$0$52,994,047
96$85,265,576$0$0$58,125,872
97$93,536,141$0$0$63,772,527
98$102,636,867$0$0$69,986,251
99$112,652,009$0$0$76,824,607
100$123,674,399$0$0$84,351,017