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%19.5%
1 years$68,954$68,339$67,740$67,155$66,584$64,043
2 years$34,135$33,500$32,884$32,286$31,707$29,177
3 years$22,531$21,892$21,278$20,686$20,116$17,677
4 years$16,730$16,093$15,485$14,903$14,347$12,017
5 years$13,250$12,617$12,017$11,447$10,906$8,691
6 years$10,931$10,303$9,711$9,154$8,630$6,531
7 years$9,275$8,652$8,070$7,526$7,018$5,036
8 years$8,034$7,417$6,844$6,314$5,822$3,954
9 years$7,069$6,458$5,895$5,378$4,903$3,146
10 years$6,297$5,692$5,139$4,636$4,178$2,529
11 years$5,666$5,067$4,525$4,034$3,593$2,048
12 years$5,141$4,548$4,015$3,539$3,114$1,669
13 years$4,697$4,110$3,588$3,124$2,715$1,367
14 years$4,317$3,736$3,223$2,773$2,380$1,124
15 years$3,987$3,413$2,910$2,473$2,096$927
16 years$3,699$3,131$2,639$2,215$1,852$766
17 years$3,446$2,884$2,401$1,990$1,642$635
18 years$3,220$2,665$2,192$1,793$1,460$527
19 years$3,019$2,470$2,007$1,620$1,302$438
20 years$2,838$2,295$1,841$1,467$1,163$364
21 years$2,674$2,138$1,694$1,332$1,040$304
22 years$2,526$1,995$1,561$1,211$933$253
23 years$2,390$1,866$1,441$1,103$837$211
24 years$2,267$1,749$1,333$1,006$752$176
25 years$2,153$1,641$1,235$919$677$147
26 years$2,048$1,542$1,145$840$610$123
27 years$1,951$1,451$1,063$769$550$103
28 years$1,861$1,368$989$704$496$86
29 years$1,778$1,290$920$646$448$72
30 years$1,700$1,218$857$593$405$60
31 years$1,627$1,152$799$544$366$50
32 years$1,559$1,090$745$500$331$42
33 years$1,495$1,032$696$460$300$35
34 years$1,436$978$650$423$271$29
35 years$1,379$928$608$390$246$25
36 years$1,326$881$569$359$223$21
37 years$1,276$836$532$331$202$17
38 years$1,229$795$498$305$183$14
39 years$1,184$756$467$281$166$12
40 years$1,142$719$438$259$150$10
41 years$1,101$685$410$239$136$8
42 years$1,063$652$385$221$124$7
43 years$1,027$621$361$204$112$6
44 years$992$592$339$188$102$5
45 years$959$565$318$174$93$4
46 years$928$539$299$160$84$3
47 years$898$514$281$148$76$3
48 years$869$491$264$137$69$2
49 years$842$469$248$127$63$2
50 years$815$448$233$117$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $835,000, adding $6,230 every year, while hoping to spend $47,816 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: 51/35/14 Blend
29$835,000$835,000$835,000$835,000
30$926,596$882,341$869,399$970,036
31$970,233$874,700$847,648$992,840
32$1,016,719$865,082$823,566$1,012,069
33$1,066,292$853,339$797,023$1,031,901
34$1,119,217$839,316$767,887$1,052,407
35$1,175,782$822,847$736,016$1,073,670
36$1,236,302$803,757$701,263$1,095,780
37$1,301,124$781,860$663,474$1,118,842
38$1,370,627$756,960$622,488$1,142,974
39$1,445,228$728,848$578,139$1,168,311
40$1,525,385$697,305$530,250$1,195,002
41$1,611,599$662,098$478,638$1,223,218
42$1,704,422$622,980$423,112$1,253,152
43$1,804,458$579,692$363,472$1,285,018
44$1,912,373$531,957$299,508$1,319,059
45$2,028,897$479,484$231,004$1,355,548
46$2,154,832$421,967$157,730$1,394,789
47$2,291,061$359,079$79,450$1,437,126
48$2,438,553$290,478$0$1,482,940
49$2,598,374$215,800$0$1,533,271
50$2,771,695$134,662$0$1,600,693
51$2,959,807$46,659$0$1,673,901
52$3,164,127$0$0$1,753,534
53$3,386,213$0$0$1,859,034
54$3,627,781$0$0$1,993,412
55$3,890,718$0$0$2,139,756
56$4,177,102$0$0$2,299,231
57$4,489,217$0$0$2,473,122
58$4,829,579$0$0$2,662,840
59$5,200,954$0$0$2,869,939
60$5,606,391$0$0$3,096,130
61$6,049,244$0$0$3,343,297
62$6,533,203$0$0$3,613,512
63$7,062,335$0$0$3,909,059
64$7,641,115$0$0$4,232,451
65$8,274,471$0$0$4,586,457
66$8,967,829$0$0$4,974,123
67$9,727,165$0$0$5,398,806
68$10,559,058$0$0$5,864,203
69$11,470,755$0$0$6,374,384
70$12,470,238$0$0$6,933,832
71$13,566,296$0$0$7,547,486
72$14,768,611$0$0$8,220,784
73$16,087,846$0$0$8,959,718
74$17,535,748$0$0$9,770,886
75$19,125,255$0$0$10,661,557
76$20,870,618$0$0$11,639,738
77$22,787,538$0$0$12,714,252
78$24,893,310$0$0$13,894,814
79$27,206,985$0$0$15,192,131
80$29,749,554$0$0$16,617,995
81$32,544,140$0$0$18,185,400
82$35,616,218$0$0$19,908,660
83$38,993,854$0$0$21,803,545
84$42,707,970$0$0$23,887,432
85$46,792,632$0$0$26,179,462
86$51,285,377$0$0$28,700,727
87$56,227,558$0$0$31,474,468
88$61,664,740$0$0$34,526,287
89$67,647,127$0$0$37,884,396
90$74,230,034$0$0$41,579,880
91$81,474,408$0$0$45,646,989
92$89,447,406$0$0$50,123,460
93$98,223,021$0$0$55,050,877
94$107,882,787$0$0$60,475,057
95$118,516,541$0$0$66,446,486
96$130,223,273$0$0$73,020,796
97$143,112,061$0$0$80,259,282
98$157,303,094$0$0$88,229,492
99$172,928,812$0$0$97,005,850
100$190,135,148$0$0$106,670,372