Can I retire at age 30 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$68,128$67,521$66,929$66,351$65,787$64,015
2 years$33,727$33,098$32,490$31,899$31,327$29,554
3 years$22,261$21,630$21,023$20,438$19,875$18,157
4 years$16,529$15,900$15,299$14,725$14,175$12,525
5 years$13,091$12,466$11,873$11,310$10,776$9,199
6 years$10,800$10,180$9,595$9,045$8,526$7,023
7 years$9,164$8,549$7,974$7,436$6,934$5,505
8 years$7,938$7,328$6,762$6,238$5,753$4,397
9 years$6,984$6,380$5,824$5,313$4,845$3,561
10 years$6,222$5,624$5,078$4,580$4,128$2,915
11 years$5,599$5,007$4,470$3,986$3,550$2,406
12 years$5,080$4,494$3,967$3,496$3,076$1,999
13 years$4,641$4,061$3,545$3,087$2,683$1,670
14 years$4,265$3,691$3,185$2,740$2,352$1,401
15 years$3,940$3,372$2,875$2,444$2,071$1,179
16 years$3,655$3,094$2,607$2,188$1,830$996
17 years$3,404$2,849$2,372$1,966$1,623$843
18 years$3,182$2,633$2,166$1,772$1,443$715
19 years$2,983$2,440$1,982$1,601$1,286$607
20 years$2,804$2,267$1,819$1,450$1,149$516
21 years$2,642$2,112$1,674$1,316$1,028$440
22 years$2,496$1,972$1,542$1,196$921$375
23 years$2,362$1,844$1,424$1,090$827$320
24 years$2,239$1,728$1,317$994$743$273
25 years$2,127$1,621$1,220$908$669$234
26 years$2,023$1,524$1,131$830$603$200
27 years$1,928$1,434$1,051$760$543$171
28 years$1,839$1,351$977$696$490$146
29 years$1,756$1,275$909$638$443$125
30 years$1,679$1,204$847$586$400$107
31 years$1,608$1,138$789$538$362$92
32 years$1,540$1,077$736$494$327$79
33 years$1,477$1,020$688$455$296$67
34 years$1,418$967$642$418$268$58
35 years$1,363$917$601$385$243$49
36 years$1,310$870$562$355$220$42
37 years$1,261$826$526$327$199$36
38 years$1,214$785$492$301$181$31
39 years$1,170$747$461$278$164$27
40 years$1,128$711$432$256$149$23
41 years$1,088$676$406$236$135$20
42 years$1,050$644$380$218$122$17
43 years$1,014$614$357$201$111$14
44 years$980$585$335$186$101$12
45 years$948$558$315$172$92$11
46 years$917$532$295$159$83$9
47 years$887$508$278$147$75$8
48 years$859$485$261$135$69$7
49 years$831$463$245$125$62$6
50 years$805$442$231$116$57$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $825,000, adding $2,416 every year, while hoping to spend $42,111 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: 73/11/16 Blend
29$825,000$825,000$825,000$825,000
30$911,642$867,917$855,130$974,720
31$959,824$865,639$838,971$1,014,576
32$1,011,509$861,838$820,859$1,052,841
33$1,067,010$856,396$800,685$1,093,649
34$1,126,670$849,184$778,333$1,137,244
35$1,190,866$840,071$753,683$1,183,891
36$1,260,013$828,912$726,610$1,233,889
37$1,334,565$815,560$696,982$1,287,563
38$1,415,021$799,852$664,661$1,345,275
39$1,501,930$781,622$629,504$1,407,422
40$1,595,895$760,689$591,361$1,474,444
41$1,697,578$736,865$550,073$1,546,827
42$1,807,709$709,949$505,478$1,625,106
43$1,927,087$679,729$457,404$1,709,874
44$2,056,595$645,980$405,672$1,801,783
45$2,197,199$608,465$350,094$1,901,555
46$2,349,967$566,934$290,476$2,009,986
47$2,516,070$521,120$226,613$2,127,953
48$2,696,797$470,742$158,292$2,256,428
49$2,893,567$415,505$85,292$2,396,480
50$3,107,941$355,095$7,379$2,549,291
51$3,341,637$289,181$0$2,716,165
52$3,596,546$217,412$0$2,911,476
53$3,874,748$139,420$0$3,126,062
54$4,178,534$54,813$0$3,360,460
55$4,510,426$0$0$3,616,649
56$4,873,200$0$0$3,901,271
57$5,269,913$0$0$4,219,811
58$5,703,929$0$0$4,568,341
59$6,178,954$0$0$4,949,842
60$6,699,068$0$0$5,367,596
61$7,268,765$0$0$5,825,215
62$7,892,991$0$0$6,326,681
63$8,577,198$0$0$6,876,376
64$9,327,386$0$0$7,479,128
65$10,150,165$0$0$8,140,253
66$11,052,817$0$0$8,865,608
67$12,043,360$0$0$9,661,643
68$13,130,628$0$0$10,535,464
69$14,324,351$0$0$11,494,896
70$15,635,247$0$0$12,548,563
71$17,075,124$0$0$13,705,961
72$18,656,988$0$0$14,977,554
73$20,395,169$0$0$16,374,866
74$22,305,451$0$0$17,910,597
75$24,405,227$0$0$19,598,735
76$26,713,656$0$0$21,454,694
77$29,251,846$0$0$23,495,452
78$32,043,053$0$0$25,739,717
79$35,112,901$0$0$28,208,101
80$38,489,618$0$0$30,923,312
81$42,204,310$0$0$33,910,371
82$46,291,245$0$0$37,196,846
83$50,788,185$0$0$40,813,112
84$55,736,731$0$0$44,792,635
85$61,182,727$0$0$49,172,293
86$67,176,681$0$0$53,992,716
87$73,774,247$0$0$59,298,675
88$81,036,750$0$0$65,139,500
89$89,031,760$0$0$71,569,550
90$97,833,733$0$0$78,648,717
91$107,524,711$0$0$86,443,001
92$118,195,094$0$0$95,025,123
93$129,944,496$0$0$104,475,217
94$142,882,683$0$0$114,881,583
95$157,130,606$0$0$126,341,520
96$172,821,545$0$0$138,962,244
97$190,102,363$0$0$152,861,899
98$209,134,895$0$0$168,170,672
99$230,097,472$0$0$185,032,022
100$253,186,601$0$0$203,604,029