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%18.8%
1 years$69,036$68,421$67,821$67,236$66,664$64,299
2 years$34,176$33,540$32,923$32,325$31,745$29,387
3 years$22,558$21,919$21,303$20,711$20,140$17,864
4 years$16,750$16,113$15,503$14,921$14,364$12,187
5 years$13,266$12,632$12,031$11,461$10,919$8,847
6 years$10,944$10,315$9,723$9,165$8,640$6,674
7 years$9,286$8,663$8,080$7,535$7,027$5,166
8 years$8,043$7,426$6,852$6,321$5,829$4,073
9 years$7,077$6,465$5,902$5,384$4,909$3,255
10 years$6,305$5,699$5,145$4,641$4,183$2,628
11 years$5,673$5,073$4,530$4,039$3,597$2,139
12 years$5,147$4,554$4,020$3,543$3,117$1,751
13 years$4,703$4,115$3,592$3,128$2,718$1,441
14 years$4,322$3,741$3,227$2,777$2,383$1,190
15 years$3,992$3,417$2,914$2,476$2,098$987
16 years$3,704$3,135$2,642$2,217$1,854$820
17 years$3,450$2,887$2,404$1,992$1,644$683
18 years$3,224$2,668$2,194$1,795$1,462$570
19 years$3,023$2,473$2,009$1,622$1,303$476
20 years$2,841$2,298$1,844$1,469$1,164$398
21 years$2,678$2,140$1,696$1,333$1,042$333
22 years$2,529$1,998$1,563$1,212$934$279
23 years$2,393$1,869$1,443$1,104$838$234
24 years$2,269$1,751$1,335$1,007$753$197
25 years$2,155$1,643$1,236$920$678$165
26 years$2,050$1,544$1,146$841$611$139
27 years$1,953$1,453$1,065$770$550$117
28 years$1,863$1,369$990$705$497$98
29 years$1,780$1,292$921$647$449$82
30 years$1,702$1,220$858$594$405$69
31 years$1,629$1,153$800$545$366$58
32 years$1,561$1,091$746$501$331$49
33 years$1,497$1,033$697$461$300$41
34 years$1,437$979$651$424$272$35
35 years$1,381$929$609$390$246$29
36 years$1,328$882$569$359$223$25
37 years$1,278$837$533$331$202$21
38 years$1,230$796$499$305$183$17
39 years$1,185$757$468$281$166$15
40 years$1,143$720$438$260$151$12
41 years$1,103$685$411$239$137$10
42 years$1,064$653$385$221$124$9
43 years$1,028$622$362$204$113$7
44 years$993$593$340$188$102$6
45 years$960$565$319$174$93$5
46 years$929$539$299$161$84$4
47 years$899$515$281$148$76$4
48 years$870$491$264$137$69$3
49 years$843$469$248$127$63$3
50 years$816$448$234$117$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $836,000, adding $5,593 every year, while hoping to spend $44,974 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: 42/38/20 Blend
29$836,000$836,000$836,000$836,000
30$927,041$882,733$869,775$960,336
31$973,747$878,135$851,061$979,907
32$1,023,710$871,804$830,212$996,302
33$1,077,215$863,609$807,110$1,013,130
34$1,134,573$853,408$781,630$1,030,453
35$1,196,127$841,052$753,642$1,048,346
36$1,262,253$826,385$723,011$1,066,890
37$1,333,364$809,239$689,593$1,086,181
38$1,409,913$789,437$653,240$1,106,327
39$1,492,396$766,793$613,796$1,127,451
40$1,581,362$741,106$571,099$1,149,695
41$1,677,409$712,169$524,979$1,173,217
42$1,781,197$679,758$475,259$1,198,198
43$1,893,452$643,639$421,752$1,224,841
44$2,014,970$603,562$364,267$1,253,376
45$2,146,626$559,267$302,599$1,284,062
46$2,289,385$510,474$236,539$1,317,190
47$2,444,305$456,890$165,866$1,353,089
48$2,612,551$398,204$90,350$1,392,127
49$2,795,405$334,089$9,749$1,434,715
50$2,994,275$264,198$0$1,481,317
51$3,210,712$188,166$0$1,548,726
52$3,446,424$105,605$0$1,624,523
53$3,703,286$16,107$0$1,707,334
54$3,983,367$0$0$1,797,941
55$4,288,940$0$0$1,930,985
56$4,622,508$0$0$2,083,669
57$4,986,827$0$0$2,250,532
58$5,384,931$0$0$2,432,977
59$5,820,159$0$0$2,632,547
60$6,296,188$0$0$2,850,943
61$6,817,067$0$0$3,090,036
62$7,387,253$0$0$3,351,888
63$8,011,656$0$0$3,638,769
64$8,695,682$0$0$3,953,179
65$9,445,284$0$0$4,297,872
66$10,267,018$0$0$4,675,879
67$11,168,106$0$0$5,090,541
68$12,156,501$0$0$5,545,537
69$13,240,964$0$0$6,044,919
70$14,431,144$0$0$6,593,151
71$15,737,670$0$0$7,195,149
72$17,172,249$0$0$7,856,331
73$18,747,780$0$0$8,582,662
74$20,478,470$0$0$9,380,715
75$22,379,970$0$0$10,257,733
76$24,469,523$0$0$11,221,693
77$26,766,125$0$0$12,281,383
78$29,290,703$0$0$13,446,486
79$32,066,312$0$0$14,727,671
80$35,118,354$0$0$16,136,690
81$38,474,814$0$0$17,686,493
82$42,166,527$0$0$19,391,348
83$46,227,463$0$0$21,266,974
84$50,695,054$0$0$23,330,692
85$55,610,539$0$0$25,601,586
86$61,019,358$0$0$28,100,682
87$66,971,578$0$0$30,851,150
88$73,522,364$0$0$33,878,517
89$80,732,501$0$0$37,210,913
90$88,668,963$0$0$40,879,333
91$97,405,549$0$0$44,917,928
92$107,023,576$0$0$49,364,330
93$117,612,646$0$0$54,260,006
94$129,271,490$0$0$59,650,646
95$142,108,900$0$0$65,586,600
96$156,244,755$0$0$72,123,346
97$171,811,151$0$0$79,322,018
98$188,953,646$0$0$87,249,980
99$207,832,635$0$0$95,981,464
100$228,624,861$0$0$105,598,266