Can I retire at age 30 with 836,000?

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 $836,000?

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$69,036$68,421$67,821$67,236$66,664$65,641
2 years$34,176$33,540$32,923$32,325$31,745$30,716
3 years$22,558$21,919$21,303$20,711$20,140$19,138
4 years$16,750$16,113$15,503$14,921$14,364$13,397
5 years$13,266$12,632$12,031$11,461$10,919$9,990
6 years$10,944$10,315$9,723$9,165$8,640$7,749
7 years$9,286$8,663$8,080$7,535$7,027$6,174
8 years$8,043$7,426$6,852$6,321$5,829$5,015
9 years$7,077$6,465$5,902$5,384$4,909$4,133
10 years$6,305$5,699$5,145$4,641$4,183$3,444
11 years$5,673$5,073$4,530$4,039$3,597$2,896
12 years$5,147$4,554$4,020$3,543$3,117$2,452
13 years$4,703$4,115$3,592$3,128$2,718$2,088
14 years$4,322$3,741$3,227$2,777$2,383$1,786
15 years$3,992$3,417$2,914$2,476$2,098$1,534
16 years$3,704$3,135$2,642$2,217$1,854$1,322
17 years$3,450$2,887$2,404$1,992$1,644$1,143
18 years$3,224$2,668$2,194$1,795$1,462$990
19 years$3,023$2,473$2,009$1,622$1,303$859
20 years$2,841$2,298$1,844$1,469$1,164$747
21 years$2,678$2,140$1,696$1,333$1,042$651
22 years$2,529$1,998$1,563$1,212$934$567
23 years$2,393$1,869$1,443$1,104$838$495
24 years$2,269$1,751$1,335$1,007$753$433
25 years$2,155$1,643$1,236$920$678$378
26 years$2,050$1,544$1,146$841$611$331
27 years$1,953$1,453$1,065$770$550$290
28 years$1,863$1,369$990$705$497$254
29 years$1,780$1,292$921$647$449$223
30 years$1,702$1,220$858$594$405$195
31 years$1,629$1,153$800$545$366$171
32 years$1,561$1,091$746$501$331$150
33 years$1,497$1,033$697$461$300$132
34 years$1,437$979$651$424$272$116
35 years$1,381$929$609$390$246$102
36 years$1,328$882$569$359$223$89
37 years$1,278$837$533$331$202$78
38 years$1,230$796$499$305$183$69
39 years$1,185$757$468$281$166$61
40 years$1,143$720$438$260$151$53
41 years$1,103$685$411$239$137$47
42 years$1,064$653$385$221$124$41
43 years$1,028$622$362$204$113$36
44 years$993$593$340$188$102$32
45 years$960$565$319$174$93$28
46 years$929$539$299$161$84$25
47 years$899$515$281$148$76$22
48 years$870$491$264$137$69$19
49 years$843$469$248$127$63$17
50 years$816$448$234$117$57$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $836,000, adding $5,792 every year, while hoping to spend $43,569 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: 44/48/8 Blend
29$836,000$836,000$836,000$836,000
30$927,246$882,938$869,980$965,686
31$975,469$879,845$852,768$989,807
32$1,027,149$875,140$833,518$1,011,009
33$1,082,595$868,699$812,117$1,032,987
34$1,142,142$860,388$788,446$1,055,829
35$1,206,161$850,067$762,379$1,079,633
36$1,275,056$837,587$733,786$1,104,508
37$1,349,273$822,791$702,529$1,130,581
38$1,429,302$805,510$668,467$1,157,993
39$1,515,680$785,569$631,449$1,186,904
40$1,608,996$762,779$591,320$1,217,491
41$1,709,900$736,942$547,916$1,249,956
42$1,819,106$707,847$501,067$1,284,526
43$1,937,396$675,273$450,594$1,321,454
44$2,065,633$638,985$396,312$1,361,024
45$2,204,765$598,733$338,026$1,403,555
46$2,355,835$554,254$275,533$1,449,403
47$2,519,988$505,270$208,621$1,498,966
48$2,698,486$451,488$137,070$1,552,691
49$2,892,718$392,597$60,647$1,611,074
50$3,104,209$328,268$0$1,674,671
51$3,334,639$258,154$0$1,745,886
52$3,585,858$181,890$0$1,829,265
53$3,859,901$99,087$0$1,920,417
54$4,159,007$9,339$0$2,020,224
55$4,485,642$0$0$2,129,664
56$4,842,520$0$0$2,296,190
57$5,232,629$0$0$2,483,713
58$5,659,258$0$0$2,688,892
59$6,126,030$0$0$2,913,483
60$6,636,932$0$0$3,159,417
61$7,196,357$0$0$3,428,822
62$7,809,141$0$0$3,724,041
63$8,480,610$0$0$4,047,655
64$9,216,629$0$0$4,402,507
65$10,023,658$0$0$4,791,726
66$10,908,813$0$0$5,218,761
67$11,879,930$0$0$5,687,408
68$12,945,640$0$0$6,201,853
69$14,115,453$0$0$6,766,702
70$15,399,842$0$0$7,387,032
71$16,810,344$0$0$8,068,435
72$18,359,668$0$0$8,817,070
73$20,061,815$0$0$9,639,725
74$21,932,209$0$0$10,543,874
75$23,987,842$0$0$11,537,755
76$26,247,434$0$0$12,630,442
77$28,731,608$0$0$13,831,931
78$31,463,087$0$0$15,153,238
79$34,466,904$0$0$16,606,497
80$37,770,639$0$0$18,205,079
81$41,404,681$0$0$19,963,715
82$45,402,510$0$0$21,898,636
83$49,801,016$0$0$24,027,726
84$54,640,844$0$0$26,370,688
85$59,966,779$0$0$28,949,235
86$65,828,165$0$0$31,787,289
87$72,279,373$0$0$34,911,209
88$79,380,311$0$0$38,350,041
89$87,196,991$0$0$42,135,786
90$95,802,149$0$0$46,303,710
91$105,275,931$0$0$50,892,669
92$115,706,651$0$0$55,945,480
93$127,191,621$0$0$61,509,324
94$139,838,068$0$0$67,636,188
95$153,764,150$0$0$74,383,359
96$169,100,064$0$0$81,813,962
97$185,989,278$0$0$89,997,557
98$204,589,883$0$0$99,010,793
99$225,076,086$0$0$108,938,135
100$247,639,850$0$0$119,872,654