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%18.6%
1 years$68,293$67,685$67,091$66,512$65,946$63,657
2 years$33,808$33,179$32,568$31,977$31,403$29,120
3 years$22,315$21,683$21,074$20,488$19,923$17,719
4 years$16,569$15,939$15,336$14,760$14,209$12,100
5 years$13,123$12,496$11,902$11,337$10,802$8,793
6 years$10,826$10,204$9,618$9,067$8,547$6,641
7 years$9,186$8,570$7,993$7,454$6,951$5,147
8 years$7,957$7,346$6,779$6,253$5,767$4,062
9 years$7,001$6,396$5,838$5,326$4,856$3,250
10 years$6,237$5,638$5,090$4,591$4,138$2,628
11 years$5,612$5,019$4,481$3,996$3,559$2,141
12 years$5,092$4,505$3,977$3,505$3,084$1,755
13 years$4,652$4,071$3,553$3,094$2,689$1,446
14 years$4,275$3,700$3,193$2,747$2,357$1,197
15 years$3,949$3,380$2,882$2,450$2,076$993
16 years$3,664$3,101$2,613$2,193$1,834$827
17 years$3,413$2,856$2,378$1,971$1,627$689
18 years$3,189$2,639$2,171$1,776$1,446$576
19 years$2,990$2,446$1,987$1,605$1,289$482
20 years$2,811$2,273$1,824$1,453$1,151$404
21 years$2,649$2,117$1,678$1,319$1,030$339
22 years$2,502$1,976$1,546$1,199$924$284
23 years$2,368$1,848$1,428$1,092$829$239
24 years$2,245$1,732$1,320$996$745$201
25 years$2,132$1,625$1,223$910$671$169
26 years$2,028$1,527$1,134$832$604$142
27 years$1,932$1,438$1,053$761$545$120
28 years$1,843$1,355$979$698$491$101
29 years$1,760$1,278$911$640$444$85
30 years$1,683$1,207$849$587$401$71
31 years$1,611$1,141$791$539$362$60
32 years$1,544$1,079$738$496$328$51
33 years$1,481$1,022$689$456$297$43
34 years$1,422$969$644$419$269$36
35 years$1,366$919$602$386$243$30
36 years$1,313$872$563$355$220$26
37 years$1,264$828$527$328$200$22
38 years$1,217$787$494$302$181$18
39 years$1,173$749$463$278$164$15
40 years$1,131$712$434$257$149$13
41 years$1,091$678$406$237$135$11
42 years$1,053$646$381$219$123$9
43 years$1,017$615$358$202$111$8
44 years$983$586$336$186$101$7
45 years$950$559$315$172$92$5
46 years$919$533$296$159$83$5
47 years$889$509$278$147$76$4
48 years$861$486$261$136$69$3
49 years$833$464$246$125$62$3
50 years$807$443$231$116$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $827,000, adding $3,589 every year, while hoping to spend $50,094 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: 66/5/29 Blend
29$827,000$827,000$827,000$827,000
30$915,056$871,225$858,407$968,217
31$955,092$860,615$833,864$993,955
32$997,533$847,807$806,819$1,016,179
33$1,042,571$832,639$777,137$1,039,382
34$1,090,416$814,942$744,675$1,063,665
35$1,141,299$794,534$709,282$1,089,142
36$1,195,472$771,227$670,803$1,115,938
37$1,253,209$744,816$629,074$1,144,196
38$1,314,814$715,089$583,925$1,174,072
39$1,380,616$681,819$535,178$1,205,741
40$1,450,978$644,768$482,645$1,239,400
41$1,526,297$603,681$426,134$1,275,265
42$1,607,010$558,292$365,439$1,313,579
43$1,693,594$508,317$300,350$1,354,612
44$1,786,573$453,457$230,645$1,398,662
45$1,886,524$393,397$156,092$1,446,063
46$1,994,077$327,802$76,449$1,497,185
47$2,109,928$256,319$0$1,552,437
48$2,234,838$178,576$0$1,614,921
49$2,369,644$94,178$0$1,707,915
50$2,515,266$2,712$0$1,808,386
51$2,672,716$0$0$1,917,044
52$2,843,103$0$0$2,039,969
53$3,027,649$0$0$2,173,316
54$3,227,697$0$0$2,317,909
55$3,444,724$0$0$2,474,823
56$3,680,354$0$0$2,645,237
57$3,936,372$0$0$2,830,450
58$4,214,743$0$0$3,031,890
59$4,517,630$0$0$3,251,128
60$4,847,410$0$0$3,489,892
61$5,206,700$0$0$3,750,086
62$5,598,382$0$0$4,033,803
63$6,025,623$0$0$4,343,346
64$6,491,913$0$0$4,681,254
65$7,001,093$0$0$5,050,316
66$7,557,390$0$0$5,453,608
67$8,165,458$0$0$5,894,512
68$8,830,421$0$0$6,376,755
69$9,557,921$0$0$6,904,438
70$10,354,170$0$0$7,482,079
71$11,226,009$0$0$8,114,650
72$12,180,971$0$0$8,807,629
73$13,227,350$0$0$9,567,050
74$14,374,284$0$0$10,399,553
75$15,631,834$0$0$11,312,457
76$17,011,083$0$0$12,313,820
77$18,524,236$0$0$13,412,518
78$20,184,738$0$0$14,618,328
79$22,007,399$0$0$15,942,019
80$24,008,532$0$0$17,395,454
81$26,206,106$0$0$18,991,701
82$28,619,916$0$0$20,745,156
83$31,271,771$0$0$22,671,676
84$34,185,692$0$0$24,788,732
85$37,388,145$0$0$27,115,572
86$40,908,288$0$0$29,673,398
87$44,778,241$0$0$32,485,572
88$49,033,394$0$0$35,577,830
89$53,712,738$0$0$38,978,529
90$58,859,231$0$0$42,718,909
91$64,520,200$0$0$46,833,393
92$70,747,795$0$0$51,359,903
93$77,599,470$0$0$56,340,228
94$85,138,532$0$0$61,820,406
95$93,434,730$0$0$67,851,167
96$102,564,921$0$0$74,488,405
97$112,613,787$0$0$81,793,709
98$123,674,636$0$0$89,834,940
99$135,850,279$0$0$98,686,872
100$149,254,004$0$0$108,431,898