Can I retire at age 30 with 826,000?

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 $826,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$68,210$67,603$67,010$66,431$65,866$63,682
2 years$33,767$33,139$32,529$31,938$31,365$29,185
3 years$22,288$21,656$21,048$20,463$19,899$17,792
4 years$16,549$15,920$15,318$14,743$14,192$12,175
5 years$13,107$12,481$11,887$11,324$10,789$8,866
6 years$10,813$10,192$9,607$9,056$8,537$6,711
7 years$9,175$8,559$7,983$7,445$6,943$5,213
8 years$7,947$7,337$6,770$6,246$5,760$4,124
9 years$6,993$6,388$5,831$5,320$4,850$3,308
10 years$6,229$5,631$5,084$4,586$4,133$2,681
11 years$5,605$5,013$4,476$3,991$3,554$2,190
12 years$5,086$4,499$3,972$3,501$3,080$1,800
13 years$4,646$4,066$3,549$3,091$2,686$1,488
14 years$4,270$3,696$3,189$2,743$2,354$1,234
15 years$3,944$3,376$2,879$2,447$2,073$1,027
16 years$3,659$3,098$2,610$2,191$1,832$857
17 years$3,408$2,853$2,375$1,968$1,625$717
18 years$3,186$2,636$2,168$1,774$1,444$601
19 years$2,986$2,443$1,985$1,603$1,287$504
20 years$2,807$2,270$1,822$1,452$1,150$424
21 years$2,646$2,115$1,676$1,317$1,029$357
22 years$2,499$1,974$1,544$1,198$922$300
23 years$2,365$1,846$1,426$1,091$828$253
24 years$2,242$1,730$1,319$995$744$213
25 years$2,130$1,623$1,221$909$670$180
26 years$2,026$1,526$1,133$831$603$152
27 years$1,930$1,436$1,052$761$544$128
28 years$1,841$1,353$978$697$491$108
29 years$1,758$1,276$910$639$443$92
30 years$1,681$1,205$848$586$400$77
31 years$1,610$1,139$790$539$362$65
32 years$1,542$1,078$737$495$327$55
33 years$1,479$1,021$688$455$296$47
34 years$1,420$968$643$419$268$39
35 years$1,364$918$601$386$243$33
36 years$1,312$871$563$355$220$28
37 years$1,262$827$527$327$200$24
38 years$1,216$786$493$302$181$20
39 years$1,171$748$462$278$164$17
40 years$1,129$711$433$256$149$14
41 years$1,089$677$406$237$135$12
42 years$1,052$645$381$218$123$10
43 years$1,016$615$357$202$111$9
44 years$981$586$335$186$101$7
45 years$949$559$315$172$92$6
46 years$918$533$296$159$83$5
47 years$888$508$278$147$76$4
48 years$860$485$261$136$69$4
49 years$832$464$245$125$62$3
50 years$806$443$231$116$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $826,000, adding $3,239 every year, while hoping to spend $31,278 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: 44/27/29 Blend
29$826,000$826,000$826,000$826,000
30$913,593$869,815$857,012$945,973
31$973,500$879,156$852,442$978,781
32$1,038,469$887,907$846,671$1,011,103
33$1,108,984$896,005$839,626$1,045,550
34$1,185,576$903,385$831,229$1,082,337
35$1,268,829$909,976$821,400$1,121,703
36$1,359,388$915,703$810,055$1,163,916
37$1,457,959$920,486$797,105$1,209,268
38$1,565,323$924,241$782,460$1,258,086
39$1,682,334$926,878$766,021$1,310,731
40$1,809,938$928,300$747,688$1,367,602
41$1,949,171$928,407$727,355$1,429,144
42$2,101,176$927,088$704,911$1,495,845
43$2,267,212$924,231$680,241$1,568,249
44$2,448,662$919,713$653,224$1,646,956
45$2,647,051$913,405$623,732$1,732,632
46$2,864,057$905,169$591,635$1,826,011
47$3,101,529$894,860$556,793$1,927,907
48$3,361,501$882,324$519,061$2,039,220
49$3,646,214$867,398$478,290$2,160,945
50$3,958,136$849,909$434,321$2,294,182
51$4,299,985$829,673$386,989$2,440,148
52$4,674,752$806,496$336,122$2,600,188
53$5,085,735$780,173$281,540$2,775,787
54$5,536,564$750,485$223,056$2,968,589
55$6,031,239$717,204$160,474$3,180,409
56$6,574,164$680,085$93,588$3,413,252
57$7,170,190$638,872$22,185$3,669,334
58$7,824,664$593,290$0$3,951,104
59$8,543,472$543,054$0$4,277,977
60$9,333,100$487,858$0$4,644,639
61$10,200,693$427,380$0$5,047,591
62$11,154,123$361,280$0$5,490,553
63$12,202,061$289,200$0$5,977,626
64$13,354,060$210,760$0$6,513,335
65$14,620,646$125,559$0$7,102,669
66$16,013,415$33,174$0$7,751,131
67$17,545,142$0$0$8,464,787
68$19,229,904$0$0$9,270,189
69$21,083,208$0$0$10,167,118
70$23,122,143$0$0$11,154,002
71$25,365,536$0$0$12,239,968
72$27,834,130$0$0$13,435,073
73$30,550,782$0$0$14,750,398
74$33,540,676$0$0$16,198,151
75$36,831,562$0$0$17,791,786
76$40,454,014$0$0$19,546,127
77$44,441,724$0$0$21,477,507
78$48,831,814$0$0$23,603,926
79$53,665,190$0$0$25,945,213
80$58,986,925$0$0$28,523,223
81$64,846,686$0$0$31,362,036
82$71,299,199$0$0$34,488,184
83$78,404,771$0$0$37,930,908
84$86,229,852$0$0$41,722,424
85$94,847,667$0$0$45,898,236
86$104,338,904$0$0$50,497,465
87$114,792,476$0$0$55,563,220
88$126,306,358$0$0$61,143,004
89$138,988,515$0$0$67,289,165
90$152,957,918$0$0$74,059,386
91$168,345,667$0$0$81,517,232
92$185,296,225$0$0$89,732,747
93$203,968,789$0$0$98,783,119
94$224,538,784$0$0$108,753,404
95$247,199,520$0$0$119,737,332
96$272,164,023$0$0$131,838,189
97$299,667,034$0$0$145,169,795
98$329,967,234$0$0$159,857,574
99$363,349,680$0$0$176,039,741
100$400,128,499$0$0$193,868,605