Can I retire at age 30 with 828,000?

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 $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%11.3%
1 years$68,375$67,766$67,172$66,592$66,026$65,665
2 years$33,849$33,219$32,608$32,015$31,441$31,077
3 years$22,342$21,709$21,099$20,513$19,947$19,591
4 years$16,590$15,958$15,355$14,778$14,227$13,881
5 years$13,139$12,512$11,916$11,351$10,815$10,481
6 years$10,839$10,217$9,630$9,078$8,557$8,236
7 years$9,197$8,580$8,003$7,463$6,959$6,650
8 years$7,966$7,355$6,787$6,261$5,774$5,477
9 years$7,010$6,403$5,845$5,333$4,862$4,578
10 years$6,244$5,644$5,096$4,597$4,143$3,870
11 years$5,619$5,025$4,487$4,001$3,563$3,303
12 years$5,098$4,510$3,982$3,509$3,088$2,839
13 years$4,658$4,076$3,557$3,098$2,692$2,455
14 years$4,280$3,705$3,196$2,750$2,360$2,134
15 years$3,954$3,384$2,886$2,453$2,078$1,863
16 years$3,668$3,105$2,617$2,196$1,837$1,632
17 years$3,417$2,860$2,381$1,973$1,628$1,435
18 years$3,193$2,642$2,173$1,778$1,448$1,264
19 years$2,994$2,449$1,990$1,607$1,291$1,117
20 years$2,814$2,276$1,826$1,455$1,153$988
21 years$2,652$2,120$1,680$1,321$1,032$876
22 years$2,505$1,979$1,548$1,201$925$778
23 years$2,370$1,851$1,429$1,094$830$691
24 years$2,248$1,734$1,322$997$746$615
25 years$2,135$1,627$1,224$911$671$548
26 years$2,031$1,529$1,136$833$605$489
27 years$1,935$1,439$1,054$762$545$436
28 years$1,845$1,356$980$698$492$390
29 years$1,763$1,279$912$641$444$348
30 years$1,685$1,208$850$588$401$311
31 years$1,613$1,142$792$540$363$279
32 years$1,546$1,081$739$496$328$249
33 years$1,483$1,024$690$456$297$223
34 years$1,423$970$645$420$269$200
35 years$1,368$920$603$386$244$179
36 years$1,315$873$564$356$221$161
37 years$1,265$829$528$328$200$144
38 years$1,218$788$494$302$181$129
39 years$1,174$750$463$279$164$116
40 years$1,132$713$434$257$149$104
41 years$1,092$679$407$237$135$93
42 years$1,054$647$382$219$123$84
43 years$1,018$616$358$202$111$75
44 years$984$587$336$187$101$67
45 years$951$560$316$172$92$60
46 years$920$534$297$159$83$54
47 years$890$510$279$147$76$49
48 years$862$487$262$136$69$44
49 years$834$465$246$126$62$39
50 years$808$444$231$116$57$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $828,000, adding $5,141 every year, while hoping to spend $24,994 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: 34/43/23 Blend
29$828,000$828,000$828,000$828,000
30$917,759$873,875$861,041$942,382
31$984,777$890,101$863,292$977,371
32$1,057,793$906,285$864,782$1,012,436
33$1,137,393$922,398$865,457$1,049,743
34$1,224,220$938,409$865,263$1,089,508
35$1,318,985$954,285$864,143$1,131,968
36$1,422,467$969,991$862,038$1,177,385
37$1,535,526$985,488$858,884$1,226,049
38$1,659,109$1,000,736$854,615$1,278,280
39$1,794,256$1,015,689$849,162$1,334,432
40$1,942,114$1,030,302$842,453$1,394,896
41$2,103,946$1,044,524$834,412$1,460,105
42$2,281,143$1,058,300$824,960$1,530,537
43$2,475,236$1,071,573$814,012$1,606,719
44$2,687,911$1,084,281$801,482$1,689,235
45$2,921,025$1,096,358$787,279$1,778,729
46$3,176,623$1,107,733$771,307$1,875,913
47$3,456,959$1,118,332$753,466$1,981,574
48$3,764,513$1,128,075$733,651$2,096,580
49$4,102,018$1,136,875$711,753$2,221,891
50$4,472,485$1,144,643$687,658$2,358,566
51$4,879,229$1,151,281$661,245$2,507,777
52$5,325,904$1,156,687$632,390$2,670,816
53$5,816,533$1,160,752$600,962$2,849,109
54$6,355,548$1,163,358$566,823$3,044,233
55$6,947,834$1,164,382$529,831$3,257,928
56$7,598,769$1,163,693$489,837$3,492,114
57$8,314,281$1,161,151$446,684$3,748,913
58$9,100,898$1,156,608$400,209$4,030,666
59$9,965,816$1,149,908$350,241$4,339,956
60$10,916,958$1,140,883$296,604$4,679,636
61$11,963,058$1,129,357$239,110$5,052,854
62$13,113,737$1,115,141$177,567$5,463,084
63$14,379,593$1,098,039$111,771$5,914,159
64$15,772,307$1,077,838$41,510$6,410,311
65$17,304,746$1,054,316$0$6,956,209
66$18,991,090$1,027,237$0$7,565,217
67$20,846,961$996,351$0$8,246,211
68$22,889,572$961,393$0$8,995,322
69$25,137,890$922,083$0$9,819,530
70$27,612,814$878,125$0$10,726,532
71$30,337,373$829,205$0$11,724,814
72$33,336,940$774,991$0$12,823,733
73$36,639,476$715,134$0$14,033,607
74$40,275,789$649,261$0$15,365,810
75$44,279,826$576,982$0$16,832,887
76$48,688,997$497,883$0$18,448,664
77$53,544,521$411,525$0$20,228,389
78$58,891,819$317,447$0$22,188,871
79$64,780,944$215,161$0$24,348,643
80$71,267,046$104,151$0$26,728,136
81$78,410,903$0$0$29,349,874
82$86,279,483$0$0$32,246,323
83$94,946,585$0$0$35,491,165
84$104,493,529$0$0$39,065,586
85$115,009,926$0$0$43,003,160
86$126,594,525$0$0$47,340,881
87$139,356,140$0$0$52,119,519
88$153,414,684$0$0$57,383,999
89$168,902,291$0$0$63,183,828
90$185,964,573$0$0$69,573,558
91$204,761,986$0$0$76,613,308
92$225,471,350$0$0$84,369,324
93$248,287,513$0$0$92,914,611
94$273,425,195$0$0$102,329,614
95$301,121,009$0$0$112,702,986
96$331,635,700$0$0$124,132,417
97$365,256,600$0$0$136,725,564
98$402,300,345$0$0$150,601,057
99$443,115,860$0$0$165,889,630
100$488,087,655$0$0$182,735,346