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%16.7%
1 years$68,210$67,603$67,010$66,431$65,866$64,066
2 years$33,767$33,139$32,529$31,938$31,365$29,565
3 years$22,288$21,656$21,048$20,463$19,899$18,155
4 years$16,549$15,920$15,318$14,743$14,192$12,517
5 years$13,107$12,481$11,887$11,324$10,789$9,188
6 years$10,813$10,192$9,607$9,056$8,537$7,011
7 years$9,175$8,559$7,983$7,445$6,943$5,493
8 years$7,947$7,337$6,770$6,246$5,760$4,385
9 years$6,993$6,388$5,831$5,320$4,850$3,549
10 years$6,229$5,631$5,084$4,586$4,133$2,903
11 years$5,605$5,013$4,476$3,991$3,554$2,395
12 years$5,086$4,499$3,972$3,501$3,080$1,989
13 years$4,646$4,066$3,549$3,091$2,686$1,660
14 years$4,270$3,696$3,189$2,743$2,354$1,391
15 years$3,944$3,376$2,879$2,447$2,073$1,171
16 years$3,659$3,098$2,610$2,191$1,832$988
17 years$3,408$2,853$2,375$1,968$1,625$835
18 years$3,186$2,636$2,168$1,774$1,444$708
19 years$2,986$2,443$1,985$1,603$1,287$601
20 years$2,807$2,270$1,822$1,452$1,150$511
21 years$2,646$2,115$1,676$1,317$1,029$435
22 years$2,499$1,974$1,544$1,198$922$370
23 years$2,365$1,846$1,426$1,091$828$316
24 years$2,242$1,730$1,319$995$744$269
25 years$2,130$1,623$1,221$909$670$230
26 years$2,026$1,526$1,133$831$603$197
27 years$1,930$1,436$1,052$761$544$168
28 years$1,841$1,353$978$697$491$144
29 years$1,758$1,276$910$639$443$123
30 years$1,681$1,205$848$586$400$105
31 years$1,610$1,139$790$539$362$90
32 years$1,542$1,078$737$495$327$77
33 years$1,479$1,021$688$455$296$66
34 years$1,420$968$643$419$268$56
35 years$1,364$918$601$386$243$48
36 years$1,312$871$563$355$220$41
37 years$1,262$827$527$327$200$35
38 years$1,216$786$493$302$181$30
39 years$1,171$748$462$278$164$26
40 years$1,129$711$433$256$149$22
41 years$1,089$677$406$237$135$19
42 years$1,052$645$381$218$123$16
43 years$1,016$615$357$202$111$14
44 years$981$586$335$186$101$12
45 years$949$559$315$172$92$10
46 years$918$533$296$159$83$9
47 years$888$508$278$147$76$8
48 years$860$485$261$136$69$6
49 years$832$464$245$125$62$6
50 years$806$443$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 $826,000, adding $4,231 every year, while hoping to spend $49,220 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: 36/49/15 Blend
29$826,000$826,000$826,000$826,000
30$914,616$870,838$858,035$943,196
31$955,537$861,140$834,410$954,513
32$998,983$849,316$808,343$961,739
33$1,045,158$835,212$779,702$968,480
34$1,094,288$818,661$748,346$974,718
35$1,146,619$799,489$714,128$980,438
36$1,202,420$777,509$676,898$985,629
37$1,261,986$752,527$636,493$990,282
38$1,325,641$724,333$592,748$994,392
39$1,393,739$692,708$545,488$997,961
40$1,466,669$657,419$494,530$1,000,994
41$1,544,857$618,221$439,685$1,003,505
42$1,628,771$574,852$380,753$1,005,516
43$1,718,924$527,038$317,526$1,007,055
44$1,815,879$474,487$249,787$1,008,163
45$1,920,254$416,893$177,311$1,008,894
46$2,032,729$353,929$99,860$1,009,312
47$2,154,050$285,254$17,188$1,009,499
48$2,285,035$210,504$0$1,009,554
49$2,426,587$129,297$0$1,020,965
50$2,579,694$41,227$0$1,036,180
51$2,745,443$0$0$1,052,655
52$2,925,032$0$0$1,099,822
53$3,119,775$0$0$1,175,171
54$3,331,118$0$0$1,257,046
55$3,560,652$0$0$1,346,076
56$3,810,125$0$0$1,442,952
57$4,081,463$0$0$1,548,436
58$4,376,782$0$0$1,663,366
59$4,698,412$0$0$1,788,664
60$5,048,918$0$0$1,925,345
61$5,431,120$0$0$2,074,526
62$5,848,124$0$0$2,237,436
63$6,303,348$0$0$2,415,430
64$6,800,554$0$0$2,609,997
65$7,343,885$0$0$2,822,777
66$7,937,900$0$0$3,055,578
67$8,587,620$0$0$3,310,389
68$9,298,574$0$0$3,589,399
69$10,076,847$0$0$3,895,020
70$10,929,144$0$0$4,229,909
71$11,862,845$0$0$4,596,991
72$12,886,081$0$0$4,999,488
73$14,007,803$0$0$5,440,949
74$15,237,871$0$0$5,925,280
75$16,587,147$0$0$6,456,789
76$18,067,592$0$0$7,040,215
77$19,692,382$0$0$7,680,784
78$21,476,030$0$0$8,384,248
79$23,434,524$0$0$9,156,946
80$25,585,474$0$0$10,005,861
81$27,948,280$0$0$10,938,685
82$30,544,315$0$0$11,963,892
83$33,397,123$0$0$13,090,818
84$36,532,642$0$0$14,329,749
85$39,979,448$0$0$15,692,016
86$43,769,023$0$0$17,190,104
87$47,936,053$0$0$18,837,769
88$52,518,751$0$0$20,650,165
89$57,559,220$0$0$22,643,990
90$63,103,850$0$0$24,837,642
91$69,203,749$0$0$27,251,391
92$75,915,233$0$0$29,907,573
93$83,300,348$0$0$32,830,796
94$91,427,460$0$0$36,048,176
95$100,371,898$0$0$39,589,591
96$110,216,662$0$0$43,487,963
97$121,053,207$0$0$47,779,565
98$132,982,304$0$0$52,504,370
99$146,114,992$0$0$57,706,420
100$160,573,622$0$0$63,434,248