Can I retire at age 30 with 828,000?

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 $828,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$68,375$67,766$67,172$66,592$66,026$63,709
2 years$33,849$33,219$32,608$32,015$31,441$29,131
3 years$22,342$21,709$21,099$20,513$19,947$17,717
4 years$16,590$15,958$15,355$14,778$14,227$12,093
5 years$13,139$12,512$11,916$11,351$10,815$8,783
6 years$10,839$10,217$9,630$9,078$8,557$6,629
7 years$9,197$8,580$8,003$7,463$6,959$5,135
8 years$7,966$7,355$6,787$6,261$5,774$4,051
9 years$7,010$6,403$5,845$5,333$4,862$3,239
10 years$6,244$5,644$5,096$4,597$4,143$2,617
11 years$5,619$5,025$4,487$4,001$3,563$2,131
12 years$5,098$4,510$3,982$3,509$3,088$1,746
13 years$4,658$4,076$3,557$3,098$2,692$1,438
14 years$4,280$3,705$3,196$2,750$2,360$1,189
15 years$3,954$3,384$2,886$2,453$2,078$986
16 years$3,668$3,105$2,617$2,196$1,837$820
17 years$3,417$2,860$2,381$1,973$1,628$683
18 years$3,193$2,642$2,173$1,778$1,448$570
19 years$2,994$2,449$1,990$1,607$1,291$477
20 years$2,814$2,276$1,826$1,455$1,153$399
21 years$2,652$2,120$1,680$1,321$1,032$335
22 years$2,505$1,979$1,548$1,201$925$281
23 years$2,370$1,851$1,429$1,094$830$236
24 years$2,248$1,734$1,322$997$746$198
25 years$2,135$1,627$1,224$911$671$166
26 years$2,031$1,529$1,136$833$605$140
27 years$1,935$1,439$1,054$762$545$118
28 years$1,845$1,356$980$698$492$99
29 years$1,763$1,279$912$641$444$83
30 years$1,685$1,208$850$588$401$70
31 years$1,613$1,142$792$540$363$59
32 years$1,546$1,081$739$496$328$50
33 years$1,483$1,024$690$456$297$42
34 years$1,423$970$645$420$269$35
35 years$1,368$920$603$386$244$30
36 years$1,315$873$564$356$221$25
37 years$1,265$829$528$328$200$21
38 years$1,218$788$494$302$181$18
39 years$1,174$750$463$279$164$15
40 years$1,132$713$434$257$149$13
41 years$1,092$679$407$237$135$11
42 years$1,054$647$382$219$123$9
43 years$1,018$616$358$202$111$7
44 years$984$587$336$187$101$6
45 years$951$560$316$172$92$5
46 years$920$534$297$159$83$4
47 years$890$510$279$147$76$4
48 years$862$487$262$136$69$3
49 years$834$465$246$126$62$3
50 years$808$444$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 $828,000, adding $5,106 every year, while hoping to spend $39,033 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: 35/48/17 Blend
29$828,000$828,000$828,000$828,000
30$917,723$873,839$861,005$944,893
31$969,800$875,126$848,318$966,436
32$1,025,880$875,168$833,897$985,639
33$1,086,332$873,863$817,644$1,005,530
34$1,151,557$871,102$799,455$1,026,192
35$1,222,000$866,770$779,221$1,047,718
36$1,298,146$860,744$756,827$1,070,216
37$1,380,533$852,896$732,156$1,093,805
38$1,469,746$843,087$705,083$1,118,622
39$1,566,434$831,172$675,477$1,144,819
40$1,671,308$816,997$643,203$1,172,569
41$1,785,149$800,398$608,118$1,202,068
42$1,908,818$781,201$570,074$1,233,533
43$2,043,262$759,224$528,915$1,267,210
44$2,189,520$734,272$484,480$1,303,374
45$2,348,739$706,139$436,598$1,342,334
46$2,522,179$674,609$385,092$1,384,435
47$2,711,227$639,450$329,778$1,430,064
48$2,917,408$600,419$270,462$1,479,654
49$3,142,404$557,260$206,943$1,533,687
50$3,388,063$509,699$139,009$1,592,703
51$3,656,421$457,450$66,442$1,657,303
52$3,949,719$400,208$0$1,728,159
53$4,270,424$337,652$0$1,808,015
54$4,621,253$269,442$0$1,908,698
55$5,005,196$195,221$0$2,019,117
56$5,425,548$114,609$0$2,140,352
57$5,885,936$27,206$0$2,273,599
58$6,390,352$0$0$2,420,187
59$6,943,197$0$0$2,617,193
60$7,549,314$0$0$2,849,057
61$8,214,040$0$0$3,103,466
62$8,943,250$0$0$3,382,685
63$9,743,418$0$0$3,689,208
64$10,621,674$0$0$4,025,783
65$11,585,872$0$0$4,395,438
66$12,644,662$0$0$4,801,507
67$13,807,576$0$0$5,247,663
68$15,085,111$0$0$5,737,954
69$16,488,834$0$0$6,276,838
70$18,031,485$0$0$6,869,227
71$19,727,101$0$0$7,520,532
72$21,591,147$0$0$8,236,716
73$23,640,660$0$0$9,024,347
74$25,894,410$0$0$9,890,662
75$28,373,079$0$0$10,843,635
76$31,099,451$0$0$11,892,051
77$34,098,632$0$0$13,045,591
78$37,398,280$0$0$14,314,918
79$41,028,872$0$0$15,711,785
80$45,023,988$0$0$17,249,140
81$49,420,626$0$0$18,941,250
82$54,259,554$0$0$20,803,836
83$59,585,689$0$0$22,854,218
84$65,448,528$0$0$25,111,483
85$71,902,607$0$0$27,596,663
86$79,008,019$0$0$30,332,931
87$86,830,981$0$0$33,345,823
88$95,444,455$0$0$36,663,476
89$104,928,840$0$0$40,316,896
90$115,372,728$0$0$44,340,247
91$126,873,738$0$0$48,771,178
92$139,539,440$0$0$53,651,172
93$153,488,369$0$0$59,025,945
94$168,851,139$0$0$64,945,868
95$185,771,681$0$0$71,466,450
96$204,408,596$0$0$78,648,859
97$224,936,655$0$0$86,560,498
98$247,548,446$0$0$95,275,642
99$272,456,189$0$0$104,876,139
100$299,893,742$0$0$115,452,182