Can I retire at age 30 with 830,000?

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 $830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$68,541$67,930$67,334$66,753$66,185$64,690
2 years$33,931$33,299$32,687$32,093$31,517$30,019
3 years$22,396$21,761$21,150$20,562$19,996$18,541
4 years$16,630$15,997$15,392$14,814$14,261$12,861
5 years$13,171$12,542$11,945$11,378$10,841$9,500
6 years$10,865$10,241$9,653$9,099$8,578$7,297
7 years$9,220$8,601$8,022$7,481$6,976$5,756
8 years$7,986$7,372$6,803$6,276$5,788$4,627
9 years$7,026$6,419$5,860$5,346$4,874$3,772
10 years$6,260$5,658$5,109$4,608$4,153$3,109
11 years$5,633$5,037$4,497$4,010$3,572$2,584
12 years$5,110$4,521$3,991$3,518$3,095$2,163
13 years$4,669$4,086$3,566$3,105$2,699$1,820
14 years$4,291$3,714$3,204$2,757$2,366$1,538
15 years$3,963$3,393$2,893$2,458$2,083$1,305
16 years$3,677$3,113$2,623$2,201$1,841$1,110
17 years$3,425$2,867$2,387$1,978$1,632$947
18 years$3,201$2,649$2,179$1,782$1,451$810
19 years$3,001$2,455$1,995$1,611$1,294$694
20 years$2,821$2,281$1,830$1,459$1,156$595
21 years$2,658$2,125$1,684$1,324$1,034$511
22 years$2,511$1,983$1,552$1,204$927$440
23 years$2,376$1,855$1,433$1,096$832$378
24 years$2,253$1,738$1,325$1,000$748$326
25 years$2,140$1,631$1,227$913$673$281
26 years$2,036$1,533$1,138$835$606$242
27 years$1,939$1,443$1,057$764$547$209
28 years$1,850$1,359$983$700$493$181
29 years$1,767$1,283$914$642$445$156
30 years$1,690$1,211$852$589$402$135
31 years$1,617$1,145$794$541$364$116
32 years$1,550$1,083$741$497$329$101
33 years$1,486$1,026$692$457$298$87
34 years$1,427$972$646$421$270$75
35 years$1,371$922$604$387$244$65
36 years$1,318$875$565$357$221$56
37 years$1,268$831$529$329$201$49
38 years$1,221$790$495$303$182$42
39 years$1,177$751$464$279$165$36
40 years$1,135$715$435$258$150$32
41 years$1,095$680$408$238$136$27
42 years$1,057$648$383$219$123$24
43 years$1,021$617$359$203$112$20
44 years$986$589$337$187$101$18
45 years$953$561$317$173$92$15
46 years$922$535$297$160$84$13
47 years$892$511$279$147$76$11
48 years$864$488$262$136$69$10
49 years$836$466$247$126$63$9
50 years$810$445$232$116$57$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $830,000, adding $2,422 every year, while hoping to spend $36,818 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: 22/49/29 Blend
29$830,000$830,000$830,000$830,000
30$917,158$873,168$860,303$928,879
31$971,534$876,779$849,949$943,155
32$1,030,223$879,334$838,015$955,189
33$1,093,625$880,740$824,407$967,276
34$1,162,181$880,902$809,031$979,445
35$1,236,375$879,719$791,785$991,732
36$1,316,740$877,080$772,565$1,004,177
37$1,403,861$872,870$751,260$1,016,830
38$1,498,383$866,969$727,755$1,029,751
39$1,601,012$859,244$701,929$1,043,008
40$1,712,528$849,560$673,656$1,056,681
41$1,833,788$837,770$642,805$1,070,864
42$1,965,733$823,720$609,238$1,085,665
43$2,109,401$807,245$572,811$1,101,208
44$2,265,933$788,173$533,373$1,117,634
45$2,436,584$766,320$490,767$1,135,108
46$2,622,736$741,491$444,829$1,153,815
47$2,825,912$713,480$395,387$1,173,967
48$3,047,784$682,070$342,262$1,195,804
49$3,290,197$647,030$285,266$1,219,599
50$3,555,179$608,117$224,205$1,245,660
51$3,844,965$565,072$158,874$1,274,334
52$4,162,015$517,624$89,059$1,306,015
53$4,509,037$465,484$14,539$1,341,145
54$4,889,014$408,348$0$1,380,220
55$5,305,230$345,894$0$1,443,909
56$5,761,303$277,782$0$1,518,836
57$6,261,215$203,653$0$1,601,280
58$6,809,355$123,128$0$1,692,107
59$7,410,555$35,806$0$1,792,283
60$8,070,136$0$0$1,902,881
61$8,793,961$0$0$2,056,760
62$9,588,487$0$0$2,247,015
63$10,460,827$0$0$2,456,060
64$11,418,818$0$0$2,685,793
65$12,471,089$0$0$2,938,304
66$13,627,149$0$0$3,215,896
67$14,897,475$0$0$3,521,106
68$16,293,604$0$0$3,856,729
69$17,828,252$0$0$4,225,844
70$19,515,423$0$0$4,631,844
71$21,370,549$0$0$5,078,467
72$23,410,632$0$0$5,569,833
73$25,654,403$0$0$6,110,478
74$28,122,498$0$0$6,705,404
75$30,837,657$0$0$7,360,120
76$33,824,931$0$0$8,080,696
77$37,111,926$0$0$8,873,820
78$40,729,055$0$0$9,746,864
79$44,709,829$0$0$10,707,947
80$49,091,175$0$0$11,766,018
81$53,913,778$0$0$12,930,937
82$59,222,468$0$0$14,213,568
83$65,066,643$0$0$15,625,884
84$71,500,734$0$0$17,181,076
85$78,584,717$0$0$18,893,679
86$86,384,680$0$0$20,779,713
87$94,973,445$0$0$22,856,826
88$104,431,256$0$0$25,144,469
89$114,846,536$0$0$27,664,073
90$126,316,718$0$0$30,439,255
91$138,949,167$0$0$33,496,040
92$152,862,192$0$0$36,863,104
93$168,186,163$0$0$40,572,048
94$185,064,737$0$0$44,657,695
95$203,656,219$0$0$49,158,417
96$224,135,051$0$0$54,116,501
97$246,693,459$0$0$59,578,544
98$271,543,269$0$0$65,595,892
99$298,917,903$0$0$72,225,131
100$329,074,582$0$0$79,528,614