Can I retire at age 30 with 826,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%18.3%
1 years$68,210$67,603$67,010$66,431$65,866$63,656
2 years$33,767$33,139$32,529$31,938$31,365$29,160
3 years$22,288$21,656$21,048$20,463$19,899$17,769
4 years$16,549$15,920$15,318$14,743$14,192$12,153
5 years$13,107$12,481$11,887$11,324$10,789$8,845
6 years$10,813$10,192$9,607$9,056$8,537$6,691
7 years$9,175$8,559$7,983$7,445$6,943$5,194
8 years$7,947$7,337$6,770$6,246$5,760$4,108
9 years$6,993$6,388$5,831$5,320$4,850$3,293
10 years$6,229$5,631$5,084$4,586$4,133$2,667
11 years$5,605$5,013$4,476$3,991$3,554$2,177
12 years$5,086$4,499$3,972$3,501$3,080$1,789
13 years$4,646$4,066$3,549$3,091$2,686$1,477
14 years$4,270$3,696$3,189$2,743$2,354$1,224
15 years$3,944$3,376$2,879$2,447$2,073$1,018
16 years$3,659$3,098$2,610$2,191$1,832$849
17 years$3,408$2,853$2,375$1,968$1,625$710
18 years$3,186$2,636$2,168$1,774$1,444$595
19 years$2,986$2,443$1,985$1,603$1,287$499
20 years$2,807$2,270$1,822$1,452$1,150$419
21 years$2,646$2,115$1,676$1,317$1,029$352
22 years$2,499$1,974$1,544$1,198$922$296
23 years$2,365$1,846$1,426$1,091$828$249
24 years$2,242$1,730$1,319$995$744$210
25 years$2,130$1,623$1,221$909$670$177
26 years$2,026$1,526$1,133$831$603$149
27 years$1,930$1,436$1,052$761$544$126
28 years$1,841$1,353$978$697$491$106
29 years$1,758$1,276$910$639$443$90
30 years$1,681$1,205$848$586$400$76
31 years$1,610$1,139$790$539$362$64
32 years$1,542$1,078$737$495$327$54
33 years$1,479$1,021$688$455$296$46
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$23
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$8
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 $2,294 every year, while hoping to spend $31,953 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: 41/47/12 Blend
29$826,000$826,000$826,000$826,000
30$912,618$868,840$856,037$946,706
31$971,708$877,416$850,717$979,476
32$1,035,753$885,340$844,147$1,011,580
33$1,105,227$892,549$836,253$1,045,620
34$1,180,647$898,971$826,954$1,081,788
35$1,262,585$904,532$816,169$1,120,295
36$1,351,668$909,154$803,810$1,161,373
37$1,448,587$912,751$789,787$1,205,284
38$1,554,102$915,235$774,004$1,252,314
39$1,669,048$916,510$756,361$1,302,781
40$1,794,347$916,475$736,755$1,357,039
41$1,931,011$915,022$715,077$1,415,479
42$2,080,154$912,038$691,211$1,478,534
43$2,243,003$907,401$665,040$1,546,685
44$2,420,909$900,984$636,439$1,620,462
45$2,615,358$892,649$605,276$1,700,455
46$2,827,988$882,252$571,417$1,787,314
47$3,060,602$869,641$534,718$1,881,762
48$3,315,182$854,653$495,030$1,984,596
49$3,593,916$837,116$452,199$2,096,700
50$3,899,209$816,848$406,061$2,219,051
51$4,233,711$793,656$356,447$2,352,732
52$4,600,341$767,337$303,179$2,498,937
53$5,002,313$737,674$246,073$2,658,991
54$5,443,168$704,438$184,935$2,834,355
55$5,926,804$667,389$119,564$3,026,649
56$6,457,517$626,270$49,748$3,237,659
57$7,040,037$580,811$0$3,469,364
58$7,679,576$530,725$0$3,727,118
59$8,381,873$475,711$0$4,017,170
60$9,153,253$415,450$0$4,335,843
61$10,000,681$349,603$0$4,686,118
62$10,931,831$277,814$0$5,071,287
63$11,955,157$199,707$0$5,494,982
64$13,079,974$114,883$0$5,961,217
65$14,316,541$22,922$0$6,474,419
66$15,676,165$0$0$7,039,478
67$17,171,299$0$0$7,701,416
68$18,815,666$0$0$8,442,581
69$20,624,384$0$0$9,257,947
70$22,614,112$0$0$10,155,038
71$24,803,202$0$0$11,142,145
72$27,211,877$0$0$12,228,402
73$29,862,417$0$0$13,423,876
74$32,779,373$0$0$14,739,655
75$35,989,794$0$0$16,187,960
76$39,523,486$0$0$17,782,254
77$43,413,291$0$0$19,537,376
78$47,695,396$0$0$21,469,671
79$52,409,674$0$0$23,597,155
80$57,600,064$0$0$25,939,676
81$63,314,979$0$0$28,519,105
82$69,607,766$0$0$31,359,544
83$76,537,208$0$0$34,487,550
84$84,168,082$0$0$37,932,386
85$92,571,763$0$0$41,726,299
86$101,826,903$0$0$45,904,824
87$112,020,172$0$0$50,507,114
88$123,247,072$0$0$55,576,318
89$135,612,843$0$0$61,159,982
90$149,233,451$0$0$67,310,497
91$164,236,686$0$0$74,085,600
92$180,763,366$0$0$81,548,910
93$198,968,666$0$0$89,770,536
94$219,023,580$0$0$98,827,731
95$241,116,539$0$0$108,805,629
96$265,455,185$0$0$119,798,044
97$292,268,333$0$0$131,908,353
98$321,808,128$0$0$145,250,477
99$354,352,428$0$0$159,949,953
100$390,207,423$0$0$176,145,120