Can I retire at age 30 with 837,000?

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 $837,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$69,119$68,503$67,902$67,316$66,744$65,557
2 years$34,217$33,580$32,962$32,363$31,783$30,591
3 years$22,585$21,945$21,329$20,736$20,164$19,005
4 years$16,770$16,132$15,522$14,939$14,381$13,263
5 years$13,282$12,648$12,046$11,474$10,932$9,859
6 years$10,957$10,328$9,735$9,176$8,650$7,623
7 years$9,297$8,673$8,090$7,544$7,035$6,053
8 years$8,053$7,434$6,861$6,329$5,836$4,900
9 years$7,086$6,473$5,909$5,391$4,915$4,024
10 years$6,312$5,706$5,152$4,647$4,188$3,341
11 years$5,680$5,079$4,535$4,044$3,602$2,798
12 years$5,153$4,559$4,025$3,547$3,121$2,360
13 years$4,708$4,120$3,596$3,132$2,722$2,002
14 years$4,327$3,745$3,231$2,780$2,386$1,706
15 years$3,997$3,421$2,917$2,479$2,101$1,459
16 years$3,708$3,139$2,645$2,220$1,857$1,252
17 years$3,454$2,891$2,407$1,995$1,646$1,078
18 years$3,228$2,671$2,197$1,797$1,464$929
19 years$3,026$2,476$2,011$1,624$1,305$803
20 years$2,845$2,300$1,846$1,471$1,165$695
21 years$2,681$2,143$1,698$1,335$1,043$603
22 years$2,532$2,000$1,565$1,214$935$523
23 years$2,396$1,871$1,445$1,105$839$454
24 years$2,272$1,753$1,336$1,008$754$395
25 years$2,158$1,645$1,238$921$679$344
26 years$2,053$1,546$1,148$842$611$300
27 years$1,956$1,455$1,066$771$551$261
28 years$1,865$1,371$991$706$497$228
29 years$1,782$1,293$922$647$449$198
30 years$1,704$1,221$859$594$406$173
31 years$1,631$1,155$801$546$367$151
32 years$1,563$1,093$747$502$332$132
33 years$1,499$1,035$698$461$300$115
34 years$1,439$981$652$424$272$101
35 years$1,383$930$609$391$246$88
36 years$1,329$883$570$360$223$77
37 years$1,279$838$534$331$202$67
38 years$1,232$797$500$306$183$59
39 years$1,187$758$468$282$166$51
40 years$1,144$721$439$260$151$45
41 years$1,104$686$411$240$137$39
42 years$1,066$654$386$221$124$34
43 years$1,029$623$362$204$113$30
44 years$994$594$340$189$102$26
45 years$961$566$319$174$93$23
46 years$930$540$300$161$84$20
47 years$900$515$282$149$77$18
48 years$871$492$265$137$70$15
49 years$844$470$249$127$63$13
50 years$817$449$234$117$57$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $837,000, adding $3,993 every year, while hoping to spend $56,305 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: 33/42/25 Blend
29$837,000$837,000$837,000$837,000
30$926,493$882,132$869,158$949,889
31$961,087$865,448$838,367$951,172
32$997,323$846,060$804,657$947,216
33$1,035,308$823,775$767,871$941,829
34$1,075,160$798,391$727,845$934,921
35$1,117,005$769,691$684,408$926,401
36$1,160,983$737,449$637,378$916,171
37$1,207,242$701,423$586,570$904,132
38$1,255,947$661,359$531,786$890,180
39$1,307,275$616,987$472,822$874,209
40$1,361,420$568,022$409,465$856,108
41$1,418,594$514,164$341,490$835,764
42$1,479,025$455,093$268,665$813,060
43$1,542,966$390,473$190,746$787,876
44$1,610,692$319,949$107,479$760,091
45$1,682,501$243,145$18,598$729,579
46$1,758,721$159,665$0$696,213
47$1,839,711$69,089$0$680,206
48$1,925,863$0$0$667,702
49$2,017,604$0$0$667,100
50$2,115,406$0$0$700,567
51$2,219,781$0$0$736,360
52$2,331,293$0$0$774,679
53$2,450,561$0$0$815,749
54$2,578,260$0$0$859,812
55$2,715,133$0$0$907,137
56$2,861,995$0$0$958,017
57$3,019,739$0$0$1,012,775
58$3,189,347$0$0$1,071,765
59$3,371,894$0$0$1,135,376
60$3,568,565$0$0$1,204,035
61$3,780,657$0$0$1,278,213
62$4,009,597$0$0$1,358,424
63$4,256,954$0$0$1,445,237
64$4,524,450$0$0$1,539,275
65$4,813,979$0$0$1,641,224
66$5,127,623$0$0$1,751,837
67$5,467,672$0$0$1,871,943
68$5,836,642$0$0$2,002,455
69$6,237,302$0$0$2,144,376
70$6,672,696$0$0$2,298,809
71$7,146,176$0$0$2,466,970
72$7,661,425$0$0$2,650,193
73$8,222,500$0$0$2,849,951
74$8,833,862$0$0$3,067,861
75$9,500,422$0$0$3,305,706
76$10,227,584$0$0$3,565,445
77$11,021,298$0$0$3,849,239
78$11,888,112$0$0$4,159,463
79$12,835,233$0$0$4,498,734
80$13,870,599$0$0$4,869,934
81$15,002,947$0$0$5,276,235
82$16,241,896$0$0$5,721,130
83$17,598,042$0$0$6,208,466
84$19,083,047$0$0$6,742,479
85$20,709,758$0$0$7,327,834
86$22,492,321$0$0$7,969,672
87$24,446,315$0$0$8,673,650
88$26,588,900$0$0$9,446,003
89$28,938,975$0$0$10,293,596
90$31,517,354$0$0$11,223,994
91$34,346,965$0$0$12,245,526
92$37,453,065$0$0$13,367,369
93$40,863,472$0$0$14,599,635
94$44,608,832$0$0$15,953,458
95$48,722,903$0$0$17,441,107
96$53,242,874$0$0$19,076,100
97$58,209,714$0$0$20,873,326
98$63,668,559$0$0$22,849,190
99$69,669,131$0$0$25,021,766
100$76,266,213$0$0$27,410,966