Can I retire at age 30 with 829,000?

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 $829,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$68,458$67,848$67,253$66,673$66,106$65,634
2 years$33,890$33,259$32,647$32,054$31,479$31,003
3 years$22,369$21,735$21,125$20,537$19,971$19,507
4 years$16,610$15,978$15,374$14,796$14,244$13,793
5 years$13,155$12,527$11,930$11,365$10,828$10,393
6 years$10,852$10,229$9,642$9,089$8,568$8,149
7 years$9,208$8,590$8,012$7,472$6,968$6,566
8 years$7,976$7,363$6,795$6,268$5,781$5,395
9 years$7,018$6,411$5,853$5,339$4,868$4,499
10 years$6,252$5,651$5,102$4,602$4,148$3,795
11 years$5,626$5,031$4,492$4,005$3,567$3,230
12 years$5,104$4,515$3,987$3,513$3,091$2,770
13 years$4,663$4,081$3,562$3,102$2,696$2,389
14 years$4,286$3,709$3,200$2,753$2,363$2,072
15 years$3,959$3,388$2,889$2,456$2,081$1,804
16 years$3,673$3,109$2,620$2,199$1,839$1,576
17 years$3,421$2,863$2,384$1,975$1,630$1,381
18 years$3,197$2,646$2,176$1,780$1,450$1,214
19 years$2,997$2,452$1,992$1,609$1,292$1,069
20 years$2,818$2,278$1,828$1,457$1,154$943
21 years$2,655$2,122$1,682$1,322$1,033$834
22 years$2,508$1,981$1,550$1,202$926$738
23 years$2,373$1,853$1,431$1,095$831$654
24 years$2,250$1,736$1,323$999$747$580
25 years$2,137$1,629$1,226$912$672$515
26 years$2,033$1,531$1,137$834$605$458
27 years$1,937$1,441$1,056$763$546$408
28 years$1,848$1,358$981$699$493$363
29 years$1,765$1,281$913$641$445$323
30 years$1,687$1,210$851$589$402$288
31 years$1,615$1,144$793$541$363$257
32 years$1,548$1,082$740$497$329$229
33 years$1,485$1,025$691$457$297$205
34 years$1,425$971$646$420$269$183
35 years$1,369$921$604$387$244$163
36 years$1,317$874$565$356$221$146
37 years$1,267$830$528$328$200$130
38 years$1,220$789$495$303$182$116
39 years$1,176$750$464$279$165$104
40 years$1,133$714$435$257$149$93
41 years$1,093$680$407$237$136$83
42 years$1,055$647$382$219$123$74
43 years$1,019$617$359$202$112$66
44 years$985$588$337$187$101$59
45 years$952$561$316$173$92$53
46 years$921$535$297$159$83$48
47 years$891$510$279$147$76$43
48 years$863$487$262$136$69$38
49 years$835$465$246$126$63$34
50 years$809$444$232$116$57$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $829,000, adding $2,208 every year, while hoping to spend $22,819 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: 65/23/12 Blend
29$829,000$829,000$829,000$829,000
30$915,836$871,899$859,049$972,729
31$984,972$890,342$863,548$1,029,426
32$1,060,395$908,925$867,433$1,088,479
33$1,142,722$927,629$870,659$1,152,428
34$1,232,633$946,437$873,179$1,221,748
35$1,330,875$965,326$874,945$1,296,964
36$1,438,273$984,275$875,904$1,378,654
37$1,555,732$1,003,260$876,001$1,467,455
38$1,684,250$1,022,253$875,181$1,564,069
39$1,824,927$1,041,227$873,384$1,669,268
40$1,978,974$1,060,151$870,545$1,783,905
41$2,147,721$1,078,991$866,601$1,908,918
42$2,332,638$1,097,711$861,482$2,045,341
43$2,535,341$1,116,273$855,115$2,194,314
44$2,757,610$1,134,634$847,426$2,357,092
45$3,001,406$1,152,751$838,334$2,535,060
46$3,268,888$1,170,574$827,757$2,729,742
47$3,562,436$1,188,054$815,608$2,942,820
48$3,884,670$1,205,133$801,796$3,176,146
49$4,238,475$1,221,754$786,225$3,431,762
50$4,627,032$1,237,853$768,796$3,711,917
51$5,053,844$1,253,361$749,405$4,019,091
52$5,522,767$1,268,208$727,942$4,356,018
53$6,038,055$1,282,315$704,293$4,725,708
54$6,604,388$1,295,600$678,339$5,131,483
55$7,226,927$1,307,976$649,954$5,577,000
56$7,911,354$1,319,348$619,009$6,066,293
57$8,663,933$1,329,616$585,366$6,603,806
58$9,491,562$1,338,675$548,883$7,194,437
59$10,401,842$1,346,411$509,412$7,843,586
60$11,403,148$1,352,703$466,795$8,557,203
61$12,504,707$1,357,424$420,871$9,341,846
62$13,716,686$1,360,436$371,469$10,204,745
63$15,050,286$1,361,596$318,412$11,153,866
64$16,517,851$1,360,750$261,514$12,197,990
65$18,132,979$1,357,734$200,582$13,346,795
66$19,910,654$1,352,374$135,413$14,610,948
67$21,867,388$1,344,488$65,796$16,002,205
68$24,021,373$1,333,879$0$17,533,523
69$26,392,655$1,320,341$0$19,220,270
70$29,003,323$1,303,655$0$21,086,160
71$31,877,715$1,283,587$0$23,140,136
72$35,042,651$1,259,891$0$25,401,351
73$38,527,682$1,232,307$0$27,890,908
74$42,365,374$1,200,558$0$30,632,067
75$46,591,607$1,164,351$0$33,650,459
76$51,245,923$1,123,376$0$36,974,332
77$56,371,891$1,077,305$0$40,634,817
78$62,017,523$1,025,792$0$44,666,219
79$68,235,724$968,469$0$49,106,347
80$75,084,792$904,949$0$53,996,865
81$82,628,969$834,820$0$59,383,691
82$90,939,047$757,649$0$65,317,427
83$100,093,033$672,977$0$71,853,841
84$110,176,890$580,320$0$79,054,389
85$121,285,342$479,165$0$86,986,800
86$133,522,774$368,971$0$95,725,713
87$147,004,213$249,168$0$105,353,384
88$161,856,416$119,150$0$115,960,464
89$178,219,064$0$0$127,646,851
90$196,246,080$0$0$140,528,135
91$216,107,085$0$0$154,753,221
92$237,988,996$0$0$170,425,839
93$262,097,790$0$0$187,693,529
94$288,660,449$0$0$206,718,877
95$317,927,103$0$0$227,681,050
96$350,173,389$0$0$250,777,486
97$385,703,054$0$0$276,225,756
98$424,850,823$0$0$304,265,623
99$467,985,555$0$0$335,161,298
100$515,513,728$0$0$369,203,941