Can I retire at age 30 with 835,000?

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 $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%16.7%
1 years$68,954$68,339$67,740$67,155$66,584$64,764
2 years$34,135$33,500$32,884$32,286$31,707$29,887
3 years$22,531$21,892$21,278$20,686$20,116$18,353
4 years$16,730$16,093$15,485$14,903$14,347$12,654
5 years$13,250$12,617$12,017$11,447$10,906$9,288
6 years$10,931$10,303$9,711$9,154$8,630$7,088
7 years$9,275$8,652$8,070$7,526$7,018$5,553
8 years$8,034$7,417$6,844$6,314$5,822$4,433
9 years$7,069$6,458$5,895$5,378$4,903$3,588
10 years$6,297$5,692$5,139$4,636$4,178$2,935
11 years$5,666$5,067$4,525$4,034$3,593$2,421
12 years$5,141$4,548$4,015$3,539$3,114$2,010
13 years$4,697$4,110$3,588$3,124$2,715$1,678
14 years$4,317$3,736$3,223$2,773$2,380$1,407
15 years$3,987$3,413$2,910$2,473$2,096$1,183
16 years$3,699$3,131$2,639$2,215$1,852$998
17 years$3,446$2,884$2,401$1,990$1,642$844
18 years$3,220$2,665$2,192$1,793$1,460$715
19 years$3,019$2,470$2,007$1,620$1,302$607
20 years$2,838$2,295$1,841$1,467$1,163$516
21 years$2,674$2,138$1,694$1,332$1,040$439
22 years$2,526$1,995$1,561$1,211$933$374
23 years$2,390$1,866$1,441$1,103$837$319
24 years$2,267$1,749$1,333$1,006$752$272
25 years$2,153$1,641$1,235$919$677$233
26 years$2,048$1,542$1,145$840$610$199
27 years$1,951$1,451$1,063$769$550$170
28 years$1,861$1,368$989$704$496$145
29 years$1,778$1,290$920$646$448$124
30 years$1,700$1,218$857$593$405$106
31 years$1,627$1,152$799$544$366$91
32 years$1,559$1,090$745$500$331$78
33 years$1,495$1,032$696$460$300$67
34 years$1,436$978$650$423$271$57
35 years$1,379$928$608$390$246$49
36 years$1,326$881$569$359$223$42
37 years$1,276$836$532$331$202$36
38 years$1,229$795$498$305$183$31
39 years$1,184$756$467$281$166$26
40 years$1,142$719$438$259$150$22
41 years$1,101$685$410$239$136$19
42 years$1,063$652$385$221$124$17
43 years$1,027$621$361$204$112$14
44 years$992$592$339$188$102$12
45 years$959$565$318$174$93$10
46 years$928$539$299$160$84$9
47 years$898$514$281$148$76$8
48 years$869$491$264$137$69$7
49 years$842$469$248$127$63$6
50 years$815$448$233$117$57$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $835,000, adding $3,271 every year, while hoping to spend $29,863 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: 50/28/22 Blend
29$835,000$835,000$835,000$835,000
30$923,544$879,289$866,347$963,876
31$985,972$890,600$863,595$1,003,504
32$1,053,766$901,465$859,751$1,043,247
33$1,127,443$911,829$854,745$1,085,824
34$1,207,569$921,637$848,507$1,131,513
35$1,294,771$930,826$840,961$1,180,623
36$1,389,734$939,333$832,030$1,233,497
37$1,493,214$947,088$821,630$1,290,513
38$1,606,044$954,017$809,676$1,352,086
39$1,729,139$960,042$796,079$1,418,679
40$1,863,506$965,080$780,743$1,490,801
41$2,010,256$969,041$763,570$1,569,014
42$2,170,610$971,831$744,458$1,653,942
43$2,345,912$973,351$723,297$1,746,270
44$2,537,643$973,493$699,975$1,846,757
45$2,747,432$972,144$674,374$1,956,242
46$2,977,075$969,184$646,370$2,075,649
47$3,228,547$964,484$615,834$2,206,003
48$3,504,026$957,911$582,632$2,348,430
49$3,805,908$949,320$546,621$2,504,178
50$4,136,833$938,559$507,655$2,674,623
51$4,499,708$925,466$465,579$2,861,285
52$4,897,734$909,871$420,233$3,065,841
53$5,334,440$891,591$371,448$3,290,143
54$5,813,710$870,436$319,048$3,536,235
55$6,339,823$846,202$262,851$3,806,375
56$6,917,492$818,673$202,663$4,103,052
57$7,551,910$787,622$138,287$4,429,016
58$8,248,798$752,808$69,512$4,787,299
59$9,014,455$713,975$0$5,181,250
60$9,855,824$670,855$0$5,615,475
61$10,780,553$623,162$0$6,110,610
62$11,797,066$570,593$0$6,654,874
63$12,914,646$512,831$0$7,253,288
64$14,143,519$449,539$0$7,911,387
65$15,494,951$380,360$0$8,635,275
66$16,981,356$304,918$0$9,431,679
67$18,616,412$222,816$0$10,308,019
68$20,415,186$133,634$0$11,272,475
69$22,394,282$36,929$0$12,334,063
70$24,571,993$0$0$13,502,725
71$26,968,476$0$0$14,810,303
72$29,605,940$0$0$16,261,992
73$32,508,855$0$0$17,859,895
74$35,704,185$0$0$19,618,869
75$39,221,641$0$0$21,555,282
76$43,093,960$0$0$23,687,171
77$47,357,215$0$0$26,034,410
78$52,051,153$0$0$28,618,898
79$57,219,573$0$0$31,464,767
80$62,910,737$0$0$34,598,607
81$69,177,825$0$0$38,049,718
82$76,079,436$0$0$41,850,387
83$83,680,145$0$0$46,036,192
84$92,051,105$0$0$50,646,336
85$101,270,723$0$0$55,724,021
86$111,425,401$0$0$61,316,850
87$122,610,345$0$0$67,477,280
88$134,930,470$0$0$74,263,116
89$148,501,384$0$0$81,738,057
90$163,450,483$0$0$89,972,295
91$179,918,152$0$0$99,043,180
92$198,059,089$0$0$109,035,947
93$218,043,764$0$0$120,044,523
94$240,060,029$0$0$132,172,411
95$264,314,891$0$0$145,533,668
96$291,036,463$0$0$160,253,984
97$320,476,123$0$0$176,471,863
98$352,910,876$0$0$194,339,932
99$388,645,979$0$0$214,026,384
100$428,017,816$0$0$235,716,563