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%12.1%
1 years$69,036$68,421$67,821$67,236$66,664$66,078
2 years$34,176$33,540$32,923$32,325$31,745$31,154
3 years$22,558$21,919$21,303$20,711$20,140$19,563
4 years$16,750$16,113$15,503$14,921$14,364$13,805
5 years$13,266$12,632$12,031$11,461$10,919$10,381
6 years$10,944$10,315$9,723$9,165$8,640$8,122
7 years$9,286$8,663$8,080$7,535$7,027$6,529
8 years$8,043$7,426$6,852$6,321$5,829$5,353
9 years$7,077$6,465$5,902$5,384$4,909$4,453
10 years$6,305$5,699$5,145$4,641$4,183$3,747
11 years$5,673$5,073$4,530$4,039$3,597$3,182
12 years$5,147$4,554$4,020$3,543$3,117$2,721
13 years$4,703$4,115$3,592$3,128$2,718$2,342
14 years$4,322$3,741$3,227$2,777$2,383$2,025
15 years$3,992$3,417$2,914$2,476$2,098$1,758
16 years$3,704$3,135$2,642$2,217$1,854$1,532
17 years$3,450$2,887$2,404$1,992$1,644$1,339
18 years$3,224$2,668$2,194$1,795$1,462$1,173
19 years$3,023$2,473$2,009$1,622$1,303$1,030
20 years$2,841$2,298$1,844$1,469$1,164$907
21 years$2,678$2,140$1,696$1,333$1,042$799
22 years$2,529$1,998$1,563$1,212$934$705
23 years$2,393$1,869$1,443$1,104$838$623
24 years$2,269$1,751$1,335$1,007$753$551
25 years$2,155$1,643$1,236$920$678$488
26 years$2,050$1,544$1,146$841$611$432
27 years$1,953$1,453$1,065$770$550$384
28 years$1,863$1,369$990$705$497$340
29 years$1,780$1,292$921$647$449$302
30 years$1,702$1,220$858$594$405$269
31 years$1,629$1,153$800$545$366$239
32 years$1,561$1,091$746$501$331$212
33 years$1,497$1,033$697$461$300$189
34 years$1,437$979$651$424$272$168
35 years$1,381$929$609$390$246$150
36 years$1,328$882$569$359$223$133
37 years$1,278$837$533$331$202$119
38 years$1,230$796$499$305$183$106
39 years$1,185$757$468$281$166$94
40 years$1,143$720$438$260$151$84
41 years$1,103$685$411$239$137$75
42 years$1,064$653$385$221$124$67
43 years$1,028$622$362$204$113$59
44 years$993$593$340$188$102$53
45 years$960$565$319$174$93$47
46 years$929$539$299$161$84$42
47 years$899$515$281$148$76$37
48 years$870$491$264$137$69$33
49 years$843$469$248$127$63$30
50 years$816$448$234$117$57$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $836,000, adding $5,114 every year, while hoping to spend $58,565 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: 42/49/9 Blend
29$836,000$836,000$836,000$836,000
30$926,547$882,239$869,281$962,810
31$958,742$863,156$836,089$969,537
32$992,258$841,175$799,823$970,515
33$1,027,168$816,093$760,317$970,247
34$1,063,551$787,692$717,398$968,642
35$1,101,490$755,746$670,888$965,606
36$1,141,077$720,013$620,598$961,039
37$1,182,410$680,236$566,331$954,836
38$1,225,594$636,147$507,882$946,889
39$1,270,745$587,458$445,035$937,085
40$1,317,985$533,867$377,568$925,304
41$1,367,449$475,056$305,246$911,422
42$1,419,281$410,686$227,825$895,312
43$1,473,640$340,402$145,049$876,838
44$1,530,695$263,826$56,652$855,861
45$1,590,632$180,560$0$832,237
46$1,653,653$90,183$0$809,435
47$1,719,977$0$0$789,723
48$1,789,841$0$0$771,700
49$1,863,506$0$0$804,009
50$1,941,255$0$0$838,152
51$2,023,395$0$0$874,269
52$2,110,264$0$0$912,515
53$2,202,229$0$0$953,058
54$2,299,691$0$0$996,081
55$2,403,089$0$0$1,041,786
56$2,512,901$0$0$1,090,392
57$2,629,652$0$0$1,142,139
58$2,753,915$0$0$1,197,292
59$2,886,318$0$0$1,256,137
60$3,027,549$0$0$1,318,992
61$3,178,360$0$0$1,386,202
62$3,339,577$0$0$1,458,146
63$3,512,105$0$0$1,535,241
64$3,696,934$0$0$1,617,943
65$3,895,155$0$0$1,706,753
66$4,107,959$0$0$1,802,221
67$4,336,657$0$0$1,904,950
68$4,582,688$0$0$2,015,603
69$4,847,631$0$0$2,134,907
70$5,133,219$0$0$2,263,662
71$5,441,357$0$0$2,402,747
72$5,774,140$0$0$2,553,126
73$6,133,865$0$0$2,715,861
74$6,523,061$0$0$2,892,118
75$6,944,507$0$0$3,083,179
76$7,401,258$0$0$3,290,455
77$7,896,672$0$0$3,515,495
78$8,434,444$0$0$3,760,006
79$9,018,636$0$0$4,025,864
80$9,653,717$0$0$4,315,133
81$10,344,606$0$0$4,630,085
82$11,096,710$0$0$4,973,218
83$11,915,984$0$0$5,347,282
84$12,808,976$0$0$5,755,306
85$13,782,897$0$0$6,200,620
86$14,845,681$0$0$6,686,891
87$16,006,063$0$0$7,218,157
88$17,273,656$0$0$7,798,862
89$18,659,045$0$0$8,433,899
90$20,173,884$0$0$9,128,656
91$21,831,002$0$0$9,889,065
92$23,644,527$0$0$10,721,658
93$25,630,014$0$0$11,633,629
94$27,804,594$0$0$12,632,899
95$30,187,131$0$0$13,728,193
96$32,798,400$0$0$14,929,119
97$35,661,283$0$0$16,246,260
98$38,800,979$0$0$17,691,272
99$42,245,246$0$0$19,276,993
100$46,024,654$0$0$21,017,567