Can I retire at age 30 with 835,000?

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 $835,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$68,954$68,339$67,740$67,155$66,584$65,562
2 years$34,135$33,500$32,884$32,286$31,707$30,679
3 years$22,531$21,892$21,278$20,686$20,116$19,116
4 years$16,730$16,093$15,485$14,903$14,347$13,381
5 years$13,250$12,617$12,017$11,447$10,906$9,978
6 years$10,931$10,303$9,711$9,154$8,630$7,739
7 years$9,275$8,652$8,070$7,526$7,018$6,167
8 years$8,034$7,417$6,844$6,314$5,822$5,009
9 years$7,069$6,458$5,895$5,378$4,903$4,128
10 years$6,297$5,692$5,139$4,636$4,178$3,440
11 years$5,666$5,067$4,525$4,034$3,593$2,892
12 years$5,141$4,548$4,015$3,539$3,114$2,449
13 years$4,697$4,110$3,588$3,124$2,715$2,085
14 years$4,317$3,736$3,223$2,773$2,380$1,784
15 years$3,987$3,413$2,910$2,473$2,096$1,532
16 years$3,699$3,131$2,639$2,215$1,852$1,321
17 years$3,446$2,884$2,401$1,990$1,642$1,141
18 years$3,220$2,665$2,192$1,793$1,460$989
19 years$3,019$2,470$2,007$1,620$1,302$858
20 years$2,838$2,295$1,841$1,467$1,163$746
21 years$2,674$2,138$1,694$1,332$1,040$650
22 years$2,526$1,995$1,561$1,211$933$567
23 years$2,390$1,866$1,441$1,103$837$494
24 years$2,267$1,749$1,333$1,006$752$432
25 years$2,153$1,641$1,235$919$677$378
26 years$2,048$1,542$1,145$840$610$331
27 years$1,951$1,451$1,063$769$550$289
28 years$1,861$1,368$989$704$496$254
29 years$1,778$1,290$920$646$448$222
30 years$1,700$1,218$857$593$405$195
31 years$1,627$1,152$799$544$366$171
32 years$1,559$1,090$745$500$331$150
33 years$1,495$1,032$696$460$300$132
34 years$1,436$978$650$423$271$116
35 years$1,379$928$608$390$246$102
36 years$1,326$881$569$359$223$89
37 years$1,276$836$532$331$202$78
38 years$1,229$795$498$305$183$69
39 years$1,184$756$467$281$166$60
40 years$1,142$719$438$259$150$53
41 years$1,101$685$410$239$136$47
42 years$1,063$652$385$221$124$41
43 years$1,027$621$361$204$112$36
44 years$992$592$339$188$102$32
45 years$959$565$318$174$93$28
46 years$928$539$299$160$84$25
47 years$898$514$281$148$76$22
48 years$869$491$264$137$69$19
49 years$842$469$248$127$63$17
50 years$815$448$233$117$57$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $835,000, adding $2,058 every year, while hoping to spend $31,462 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: 84/8/8 Blend
29$835,000$835,000$835,000$835,000
30$922,293$878,038$865,095$998,763
31$982,891$887,586$860,601$1,058,573
32$1,048,616$896,548$854,901$1,119,791
33$1,119,958$904,862$847,923$1,186,052
34$1,197,454$912,460$839,589$1,257,841
35$1,281,698$919,274$829,818$1,335,694
36$1,373,340$925,228$818,527$1,420,202
37$1,473,099$930,243$805,625$1,512,015
38$1,581,764$934,233$791,022$1,611,847
39$1,700,201$937,108$774,619$1,720,489
40$1,829,368$938,773$756,315$1,838,807
41$1,970,316$939,125$736,004$1,967,759
42$2,124,203$938,057$713,575$2,108,398
43$2,292,303$935,453$688,911$2,261,884
44$2,476,020$931,191$661,891$2,429,496
45$2,676,897$925,143$632,388$2,612,643
46$2,896,636$917,171$600,269$2,812,876
47$3,137,110$907,129$565,394$3,031,907
48$3,400,379$894,863$527,619$3,271,617
49$3,688,716$880,209$486,792$3,534,084
50$4,004,620$862,994$442,755$3,821,595
51$4,350,846$843,035$395,342$4,136,669
52$4,730,426$820,137$344,379$4,482,084
53$5,146,700$794,095$289,687$4,860,901
54$5,603,348$764,691$231,076$5,276,490
55$6,104,423$731,693$168,350$5,732,568
56$6,654,387$694,860$101,303$6,233,229
57$7,258,158$653,931$29,720$6,782,986
58$7,921,152$608,636$0$7,386,811
59$8,649,335$558,684$0$8,054,167
60$9,449,280$503,773$0$8,790,076
61$10,328,227$443,578$0$9,598,673
62$11,294,153$377,761$0$10,487,314
63$12,355,846$305,960$0$11,464,103
64$13,522,987$227,796$0$12,537,969
65$14,806,241$142,868$0$13,718,753
66$16,217,361$50,752$0$15,017,297
67$17,769,293$0$0$16,445,548
68$19,476,301$0$0$18,020,984
69$21,354,102$0$0$19,758,980
70$23,420,012$0$0$21,671,097
71$25,693,110$0$0$23,774,996
72$28,194,419$0$0$26,090,137
73$30,947,100$0$0$28,637,959
74$33,976,675$0$0$31,442,088
75$37,311,266$0$0$34,528,555
76$40,981,858$0$0$37,926,041
77$45,022,592$0$0$41,666,152
78$49,471,090$0$0$45,783,711
79$54,368,805$0$0$50,317,091
80$59,761,414$0$0$55,308,574
81$65,699,249$0$0$60,804,751
82$72,237,772$0$0$66,856,962
83$79,438,097$0$0$73,521,777
84$87,367,564$0$0$80,861,533
85$96,100,381$0$0$88,944,921
86$105,718,316$0$0$97,847,634
87$116,311,476$0$0$107,653,078
88$127,979,150$0$0$118,453,165
89$140,830,749$0$0$130,349,175
90$154,986,839$0$0$143,452,711
91$170,580,279$0$0$157,886,758
92$187,757,470$0$0$173,786,836
93$206,679,742$0$0$191,302,285
94$227,524,872$0$0$210,597,669
95$250,488,765$0$0$231,854,332
96$275,787,300$0$0$255,272,110
97$303,658,369$0$0$281,071,213
98$334,364,122$0$0$309,494,307
99$368,193,438$0$0$340,808,802
100$405,464,656$0$0$375,309,377