Can I retire at age 30 with 827,000?

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 $827,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$68,293$67,685$67,091$66,512$65,946$65,122
2 years$33,808$33,179$32,568$31,977$31,403$30,574
3 years$22,315$21,683$21,074$20,488$19,923$19,115
4 years$16,569$15,939$15,336$14,760$14,209$13,428
5 years$13,123$12,496$11,902$11,337$10,802$10,049
6 years$10,826$10,204$9,618$9,067$8,547$7,825
7 years$9,186$8,570$7,993$7,454$6,951$6,259
8 years$7,957$7,346$6,779$6,253$5,767$5,105
9 years$7,001$6,396$5,838$5,326$4,856$4,224
10 years$6,237$5,638$5,090$4,591$4,138$3,535
11 years$5,612$5,019$4,481$3,996$3,559$2,985
12 years$5,092$4,505$3,977$3,505$3,084$2,539
13 years$4,652$4,071$3,553$3,094$2,689$2,172
14 years$4,275$3,700$3,193$2,747$2,357$1,867
15 years$3,949$3,380$2,882$2,450$2,076$1,611
16 years$3,664$3,101$2,613$2,193$1,834$1,395
17 years$3,413$2,856$2,378$1,971$1,627$1,212
18 years$3,189$2,639$2,171$1,776$1,446$1,055
19 years$2,990$2,446$1,987$1,605$1,289$920
20 years$2,811$2,273$1,824$1,453$1,151$805
21 years$2,649$2,117$1,678$1,319$1,030$704
22 years$2,502$1,976$1,546$1,199$924$617
23 years$2,368$1,848$1,428$1,092$829$542
24 years$2,245$1,732$1,320$996$745$476
25 years$2,132$1,625$1,223$910$671$418
26 years$2,028$1,527$1,134$832$604$368
27 years$1,932$1,438$1,053$761$545$324
28 years$1,843$1,355$979$698$491$286
29 years$1,760$1,278$911$640$444$252
30 years$1,683$1,207$849$587$401$222
31 years$1,611$1,141$791$539$362$196
32 years$1,544$1,079$738$496$328$173
33 years$1,481$1,022$689$456$297$153
34 years$1,422$969$644$419$269$135
35 years$1,366$919$602$386$243$119
36 years$1,313$872$563$355$220$105
37 years$1,264$828$527$328$200$93
38 years$1,217$787$494$302$181$82
39 years$1,173$749$463$278$164$73
40 years$1,131$712$434$257$149$64
41 years$1,091$678$406$237$135$57
42 years$1,053$646$381$219$123$50
43 years$1,017$615$358$202$111$44
44 years$983$586$336$186$101$39
45 years$950$559$315$172$92$35
46 years$919$533$296$159$83$31
47 years$889$509$278$147$76$27
48 years$861$486$261$136$69$24
49 years$833$464$246$125$62$21
50 years$807$443$231$116$57$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $827,000, adding $6,967 every year, while hoping to spend $57,854 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: 71/8/21 Blend
29$827,000$827,000$827,000$827,000
30$918,540$874,709$861,891$978,551
31$950,675$856,014$829,208$1,000,764
32$984,149$834,463$793,491$1,017,555
33$1,019,037$809,857$754,578$1,034,509
34$1,055,420$781,981$712,298$1,051,632
35$1,093,387$750,612$666,473$1,068,937
36$1,133,030$715,510$616,919$1,086,437
37$1,174,454$676,424$563,439$1,104,149
38$1,217,766$633,088$505,833$1,122,094
39$1,263,088$585,218$443,888$1,140,293
40$1,310,547$532,518$377,382$1,158,777
41$1,360,284$474,673$306,086$1,177,577
42$1,412,450$411,348$229,756$1,196,733
43$1,467,209$342,194$148,143$1,216,289
44$1,524,740$266,838$60,982$1,236,296
45$1,585,238$184,887$0$1,256,815
46$1,648,913$95,927$0$1,285,092
47$1,715,996$0$0$1,329,075
48$1,786,736$0$0$1,375,286
49$1,861,406$0$0$1,432,995
50$1,940,305$0$0$1,493,989
51$2,023,755$0$0$1,558,522
52$2,112,112$0$0$1,626,870
53$2,205,762$0$0$1,699,334
54$2,305,128$0$0$1,776,245
55$2,410,672$0$0$1,857,965
56$2,522,901$0$0$1,944,886
57$2,642,366$0$0$2,037,442
58$2,769,673$0$0$2,136,105
59$2,905,487$0$0$2,241,393
60$3,050,532$0$0$2,353,875
61$3,205,606$0$0$2,474,170
62$3,371,581$0$0$2,602,962
63$3,549,414$0$0$2,740,999
64$3,740,154$0$0$2,889,100
65$3,944,954$0$0$3,048,166
66$4,165,078$0$0$3,219,184
67$4,401,913$0$0$3,403,239
68$4,656,983$0$0$3,601,523
69$4,931,962$0$0$3,815,343
70$5,228,688$0$0$4,046,136
71$5,549,180$0$0$4,295,481
72$5,895,658$0$0$4,565,114
73$6,270,561$0$0$4,856,941
74$6,676,571$0$0$5,173,059
75$7,116,637$0$0$5,515,774
76$7,593,999$0$0$5,887,620
77$8,112,223$0$0$6,291,386
78$8,675,230$0$0$6,730,137
79$9,287,335$0$0$7,207,248
80$9,953,282$0$0$7,726,428
81$10,678,293$0$0$8,291,763
82$11,468,112$0$0$8,907,744
83$12,329,063$0$0$9,579,318
84$13,268,105$0$0$10,311,926
85$14,292,895$0$0$11,111,559
86$15,411,864$0$0$11,984,811
87$16,634,292$0$0$12,938,941
88$17,970,396$0$0$13,981,939
89$19,431,424$0$0$15,122,605
90$21,029,760$0$0$16,370,626
91$22,779,041$0$0$17,736,669
92$24,694,283$0$0$19,232,480
93$26,792,020$0$0$20,870,994
94$29,090,462$0$0$22,666,455
95$31,609,664$0$0$24,634,552
96$34,371,712$0$0$26,792,563
97$37,400,931$0$0$29,159,517
98$40,724,114$0$0$31,756,375
99$44,370,773$0$0$34,606,224
100$48,373,415$0$0$37,734,494