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%16.1%
1 years$68,210$67,603$67,010$66,431$65,866$64,222
2 years$33,767$33,139$32,529$31,938$31,365$29,719
3 years$22,288$21,656$21,048$20,463$19,899$18,302
4 years$16,549$15,920$15,318$14,743$14,192$12,657
5 years$13,107$12,481$11,887$11,324$10,789$9,320
6 years$10,813$10,192$9,607$9,056$8,537$7,136
7 years$9,175$8,559$7,983$7,445$6,943$5,609
8 years$7,947$7,337$6,770$6,246$5,760$4,493
9 years$6,993$6,388$5,831$5,320$4,850$3,650
10 years$6,229$5,631$5,084$4,586$4,133$2,997
11 years$5,605$5,013$4,476$3,991$3,554$2,482
12 years$5,086$4,499$3,972$3,501$3,080$2,069
13 years$4,646$4,066$3,549$3,091$2,686$1,734
14 years$4,270$3,696$3,189$2,743$2,354$1,459
15 years$3,944$3,376$2,879$2,447$2,073$1,233
16 years$3,659$3,098$2,610$2,191$1,832$1,045
17 years$3,408$2,853$2,375$1,968$1,625$887
18 years$3,186$2,636$2,168$1,774$1,444$755
19 years$2,986$2,443$1,985$1,603$1,287$644
20 years$2,807$2,270$1,822$1,452$1,150$550
21 years$2,646$2,115$1,676$1,317$1,029$470
22 years$2,499$1,974$1,544$1,198$922$403
23 years$2,365$1,846$1,426$1,091$828$345
24 years$2,242$1,730$1,319$995$744$296
25 years$2,130$1,623$1,221$909$670$254
26 years$2,026$1,526$1,133$831$603$218
27 years$1,930$1,436$1,052$761$544$187
28 years$1,841$1,353$978$697$491$161
29 years$1,758$1,276$910$639$443$138
30 years$1,681$1,205$848$586$400$119
31 years$1,610$1,139$790$539$362$102
32 years$1,542$1,078$737$495$327$88
33 years$1,479$1,021$688$455$296$76
34 years$1,420$968$643$419$268$65
35 years$1,364$918$601$386$243$56
36 years$1,312$871$563$355$220$48
37 years$1,262$827$527$327$200$41
38 years$1,216$786$493$302$181$36
39 years$1,171$748$462$278$164$31
40 years$1,129$711$433$256$149$26
41 years$1,089$677$406$237$135$23
42 years$1,052$645$381$218$123$20
43 years$1,016$615$357$202$111$17
44 years$981$586$335$186$101$15
45 years$949$559$315$172$92$13
46 years$918$533$296$159$83$11
47 years$888$508$278$147$76$9
48 years$860$485$261$136$69$8
49 years$832$464$245$125$62$7
50 years$806$443$231$116$57$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $826,000, adding $2,427 every year, while hoping to spend $54,636 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: 31/46/23 Blend
29$826,000$826,000$826,000$826,000
30$912,755$868,977$856,174$934,494
31$947,724$853,425$826,724$935,686
32$984,429$835,279$794,456$931,912
33$1,022,988$814,356$759,218$926,729
34$1,063,532$790,459$720,851$920,049
35$1,106,202$763,381$679,189$911,781
36$1,151,151$732,903$634,059$901,830
37$1,198,547$698,794$585,278$890,099
38$1,248,571$660,807$532,657$876,486
39$1,301,423$618,684$475,999$860,888
40$1,357,319$572,150$415,095$843,197
41$1,416,495$520,915$349,731$823,302
42$1,479,211$464,673$279,680$801,091
43$1,545,747$403,099$204,706$776,447
44$1,616,414$335,851$124,564$749,253
45$1,691,548$262,568$38,997$719,388
46$1,771,519$182,867$0$686,730
47$1,856,731$96,345$0$663,997
48$1,947,627$2,575$0$649,272
49$2,044,692$0$0$632,925
50$2,148,458$0$0$664,963
51$2,259,507$0$0$700,726
52$2,378,477$0$0$739,127
53$2,506,071$0$0$780,403
54$2,643,056$0$0$824,814
55$2,790,276$0$0$872,647
56$2,948,659$0$0$924,216
57$3,119,220$0$0$979,866
58$3,303,077$0$0$1,039,975
59$3,501,457$0$0$1,104,960
60$3,715,708$0$0$1,175,279
61$3,947,311$0$0$1,251,436
62$4,197,895$0$0$1,333,983
63$4,469,249$0$0$1,423,530
64$4,763,341$0$0$1,520,745
65$5,082,334$0$0$1,626,365
66$5,428,609$0$0$1,741,199
67$5,804,781$0$0$1,866,137
68$6,213,731$0$0$2,002,160
69$6,658,624$0$0$2,150,347
70$7,142,946$0$0$2,311,883
71$7,670,531$0$0$2,488,075
72$8,245,598$0$0$2,680,361
73$8,872,791$0$0$2,890,323
74$9,557,222$0$0$3,119,703
75$10,304,515$0$0$3,370,419
76$11,120,865$0$0$3,644,581
77$12,013,089$0$0$3,944,515
78$12,988,694$0$0$4,272,780
79$14,055,944$0$0$4,632,195
80$15,223,939$0$0$5,025,863
81$16,502,700$0$0$5,457,203
82$17,903,261$0$0$5,929,978
83$19,437,773$0$0$6,448,335
84$21,119,620$0$0$7,016,840
85$22,963,540$0$0$7,640,521
86$24,985,765$0$0$8,324,919
87$27,204,176$0$0$9,076,135
88$29,638,466$0$0$9,900,890
89$32,310,326$0$0$10,806,589
90$35,243,651$0$0$11,801,386
91$38,464,762$0$0$12,894,268
92$42,002,653$0$0$14,095,132
93$45,889,266$0$0$15,414,881
94$50,159,787$0$0$16,865,529
95$54,852,980$0$0$18,460,311
96$60,011,551$0$0$20,213,807
97$65,682,549$0$0$22,142,082
98$71,917,808$0$0$24,262,835
99$78,774,435$0$0$26,595,566
100$86,315,351$0$0$29,161,760