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%12.6%
1 years$68,954$68,339$67,740$67,155$66,584$65,861
2 years$34,135$33,500$32,884$32,286$31,707$30,979
3 years$22,531$21,892$21,278$20,686$20,116$19,406
4 years$16,730$16,093$15,485$14,903$14,347$13,660
5 years$13,250$12,617$12,017$11,447$10,906$10,244
6 years$10,931$10,303$9,711$9,154$8,630$7,994
7 years$9,275$8,652$8,070$7,526$7,018$6,408
8 years$8,034$7,417$6,844$6,314$5,822$5,239
9 years$7,069$6,458$5,895$5,378$4,903$4,346
10 years$6,297$5,692$5,139$4,636$4,178$3,646
11 years$5,666$5,067$4,525$4,034$3,593$3,086
12 years$5,141$4,548$4,015$3,539$3,114$2,631
13 years$4,697$4,110$3,588$3,124$2,715$2,257
14 years$4,317$3,736$3,223$2,773$2,380$1,945
15 years$3,987$3,413$2,910$2,473$2,096$1,683
16 years$3,699$3,131$2,639$2,215$1,852$1,462
17 years$3,446$2,884$2,401$1,990$1,642$1,273
18 years$3,220$2,665$2,192$1,793$1,460$1,111
19 years$3,019$2,470$2,007$1,620$1,302$973
20 years$2,838$2,295$1,841$1,467$1,163$853
21 years$2,674$2,138$1,694$1,332$1,040$749
22 years$2,526$1,995$1,561$1,211$933$658
23 years$2,390$1,866$1,441$1,103$837$579
24 years$2,267$1,749$1,333$1,006$752$511
25 years$2,153$1,641$1,235$919$677$450
26 years$2,048$1,542$1,145$840$610$397
27 years$1,951$1,451$1,063$769$550$351
28 years$1,861$1,368$989$704$496$310
29 years$1,778$1,290$920$646$448$274
30 years$1,700$1,218$857$593$405$243
31 years$1,627$1,152$799$544$366$215
32 years$1,559$1,090$745$500$331$190
33 years$1,495$1,032$696$460$300$169
34 years$1,436$978$650$423$271$149
35 years$1,379$928$608$390$246$132
36 years$1,326$881$569$359$223$117
37 years$1,276$836$532$331$202$104
38 years$1,229$795$498$305$183$92
39 years$1,184$756$467$281$166$82
40 years$1,142$719$438$259$150$73
41 years$1,101$685$410$239$136$64
42 years$1,063$652$385$221$124$57
43 years$1,027$621$361$204$112$51
44 years$992$592$339$188$102$45
45 years$959$565$318$174$93$40
46 years$928$539$299$160$84$35
47 years$898$514$281$148$76$32
48 years$869$491$264$137$69$28
49 years$842$469$248$127$63$25
50 years$815$448$233$117$57$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $835,000, adding $3,773 every year, while hoping to spend $37,894 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: 41/42/17 Blend
29$835,000$835,000$835,000$835,000
30$924,062$879,807$866,864$957,174
31$977,997$882,598$855,585$983,802
32$1,036,164$884,257$842,659$1,008,628
33$1,098,954$884,686$827,989$1,034,699
34$1,166,797$883,786$811,476$1,062,146
35$1,240,166$881,447$793,016$1,091,117
36$1,319,581$877,556$772,500$1,121,777
37$1,405,613$871,991$749,814$1,154,311
38$1,498,890$864,624$724,838$1,188,926
39$1,600,104$855,317$697,447$1,225,851
40$1,710,014$843,927$667,511$1,265,344
41$1,829,456$830,300$634,893$1,307,690
42$1,959,349$814,273$599,450$1,353,208
43$2,100,705$795,675$561,034$1,402,253
44$2,254,636$774,323$519,488$1,455,221
45$2,422,368$750,023$474,650$1,512,551
46$2,605,248$722,572$426,349$1,574,733
47$2,804,759$691,754$374,407$1,642,310
48$3,022,534$657,340$318,639$1,715,887
49$3,260,370$619,088$258,852$1,796,135
50$3,520,247$576,741$194,842$1,883,801
51$3,804,341$530,031$126,398$1,979,711
52$4,115,051$478,670$53,300$2,084,785
53$4,455,017$422,356$0$2,200,043
54$4,827,148$360,770$0$2,331,096
55$5,234,644$293,574$0$2,485,327
56$5,681,031$220,413$0$2,654,493
57$6,170,192$140,909$0$2,840,181
58$6,706,402$54,664$0$3,044,148
59$7,294,372$0$0$3,268,336
60$7,939,288$0$0$3,532,799
61$8,646,864$0$0$3,850,785
62$9,423,392$0$0$4,199,870
63$10,275,804$0$0$4,583,186
64$11,211,736$0$0$5,004,181
65$12,239,598$0$0$5,466,652
66$13,368,657$0$0$5,974,785
67$14,609,119$0$0$6,533,189
68$15,972,230$0$0$7,146,943
69$17,470,377$0$0$7,821,643
70$19,117,208$0$0$8,563,451
71$20,927,758$0$0$9,379,161
72$22,918,593$0$0$10,276,252
73$25,107,964$0$0$11,262,971
74$27,515,978$0$0$12,348,399
75$30,164,790$0$0$13,542,543
76$33,078,810$0$0$14,856,430
77$36,284,932$0$0$16,302,209
78$39,812,789$0$0$17,893,266
79$43,695,032$0$0$19,644,350
80$47,967,635$0$0$21,571,713
81$52,670,239$0$0$23,693,261
82$57,846,520$0$0$26,028,726
83$63,544,606$0$0$28,599,849
84$69,817,525$0$0$31,430,587
85$76,723,710$0$0$34,547,337
86$84,327,547$0$0$37,979,186
87$92,699,983$0$0$41,758,187
88$101,919,195$0$0$45,919,658
89$112,071,326$0$0$50,502,515
90$123,251,301$0$0$55,549,645
91$135,563,717$0$0$61,108,301
92$149,123,834$0$0$67,230,557
93$164,058,660$0$0$73,973,793
94$180,508,151$0$0$81,401,240
95$198,626,529$0$0$89,582,573
96$218,583,737$0$0$98,594,571
97$240,567,046$0$0$108,521,843
98$264,782,817$0$0$119,457,621
99$291,458,451$0$0$131,504,645
100$320,844,535$0$0$144,776,129