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%18%
1 years$69,119$68,503$67,902$67,316$66,744$64,581
2 years$34,217$33,580$32,962$32,363$31,783$29,624
3 years$22,585$21,945$21,329$20,736$20,164$18,078
4 years$16,770$16,132$15,522$14,939$14,381$12,383
5 years$13,282$12,648$12,046$11,474$10,932$9,027
6 years$10,957$10,328$9,735$9,176$8,650$6,840
7 years$9,297$8,673$8,090$7,544$7,035$5,319
8 years$8,053$7,434$6,861$6,329$5,836$4,214
9 years$7,086$6,473$5,909$5,391$4,915$3,384
10 years$6,312$5,706$5,152$4,647$4,188$2,746
11 years$5,680$5,079$4,535$4,044$3,602$2,246
12 years$5,153$4,559$4,025$3,547$3,121$1,849
13 years$4,708$4,120$3,596$3,132$2,722$1,530
14 years$4,327$3,745$3,231$2,780$2,386$1,271
15 years$3,997$3,421$2,917$2,479$2,101$1,059
16 years$3,708$3,139$2,645$2,220$1,857$885
17 years$3,454$2,891$2,407$1,995$1,646$742
18 years$3,228$2,671$2,197$1,797$1,464$623
19 years$3,026$2,476$2,011$1,624$1,305$523
20 years$2,845$2,300$1,846$1,471$1,165$440
21 years$2,681$2,143$1,698$1,335$1,043$371
22 years$2,532$2,000$1,565$1,214$935$313
23 years$2,396$1,871$1,445$1,105$839$264
24 years$2,272$1,753$1,336$1,008$754$223
25 years$2,158$1,645$1,238$921$679$189
26 years$2,053$1,546$1,148$842$611$159
27 years$1,956$1,455$1,066$771$551$135
28 years$1,865$1,371$991$706$497$114
29 years$1,782$1,293$922$647$449$96
30 years$1,704$1,221$859$594$406$82
31 years$1,631$1,155$801$546$367$69
32 years$1,563$1,093$747$502$332$59
33 years$1,499$1,035$698$461$300$50
34 years$1,439$981$652$424$272$42
35 years$1,383$930$609$391$246$36
36 years$1,329$883$570$360$223$30
37 years$1,279$838$534$331$202$26
38 years$1,232$797$500$306$183$22
39 years$1,187$758$468$282$166$18
40 years$1,144$721$439$260$151$16
41 years$1,104$686$411$240$137$13
42 years$1,066$654$386$221$124$11
43 years$1,029$623$362$204$113$9
44 years$994$594$340$189$102$8
45 years$961$566$319$174$93$7
46 years$930$540$300$161$84$6
47 years$900$515$282$149$77$5
48 years$871$492$265$137$70$4
49 years$844$470$249$127$63$3
50 years$817$449$234$117$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $837,000, adding $3,111 every year, while hoping to spend $38,182 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: 72/22/6 Blend
29$837,000$837,000$837,000$837,000
30$925,583$881,222$868,248$991,326
31$979,367$883,777$856,709$1,037,655
32$1,037,358$885,177$843,504$1,083,281
33$1,099,943$885,325$828,537$1,132,159
34$1,167,550$884,119$811,706$1,184,597
35$1,240,649$881,450$792,907$1,240,936
36$1,319,756$877,201$772,029$1,301,552
37$1,405,437$871,250$748,958$1,366,859
38$1,498,316$863,466$723,573$1,437,315
39$1,599,078$853,710$695,747$1,513,425
40$1,708,479$841,836$665,349$1,595,743
41$1,827,346$827,688$632,240$1,684,885
42$1,956,593$811,103$596,278$1,781,528
43$2,097,223$791,904$557,311$1,886,418
44$2,250,340$769,909$515,182$2,000,379
45$2,417,161$744,920$469,726$2,124,320
46$2,599,022$716,731$420,772$2,259,245
47$2,797,394$685,123$368,140$2,406,260
48$3,013,899$649,865$311,644$2,566,584
49$3,250,319$610,711$251,086$2,741,565
50$3,508,618$567,402$186,264$2,932,688
51$3,790,956$519,664$116,963$3,141,591
52$4,099,713$467,207$42,960$3,370,081
53$4,437,509$409,725$0$3,620,153
54$4,807,228$346,895$0$3,896,312
55$5,212,047$278,375$0$4,201,761
56$5,655,464$203,803$0$4,536,442
57$6,141,331$122,798$0$4,903,321
58$6,673,890$34,959$0$5,305,672
59$7,257,813$0$0$5,747,104
60$7,898,247$0$0$6,246,157
61$8,600,859$0$0$6,802,988
62$9,371,893$0$0$7,414,087
63$10,218,226$0$0$8,084,910
64$11,147,432$0$0$8,821,466
65$12,167,856$0$0$9,630,376
66$13,288,690$0$0$10,518,931
67$14,520,060$0$0$11,495,167
68$15,873,121$0$0$12,567,932
69$17,360,163$0$0$13,746,978
70$18,994,724$0$0$15,043,046
71$20,791,722$0$0$16,467,969
72$22,767,588$0$0$18,034,787
73$24,940,429$0$0$19,757,863
74$27,330,192$0$0$21,653,024
75$29,958,855$0$0$23,737,707
76$32,850,632$0$0$26,031,124
77$36,032,204$0$0$28,554,443
78$39,532,966$0$0$31,330,987
79$43,385,309$0$0$34,386,454
80$47,624,920$0$0$37,749,160
81$52,291,122$0$0$41,450,303
82$57,427,243$0$0$45,524,261
83$63,081,025$0$0$50,008,912
84$69,305,073$0$0$54,945,995
85$76,157,353$0$0$60,381,500
86$83,701,734$0$0$66,366,103
87$92,008,597$0$0$72,955,645
88$101,155,492$0$0$80,211,656
89$111,227,874$0$0$88,201,939
90$122,319,907$0$0$97,001,204
91$134,535,351$0$0$106,691,778
92$147,988,542$0$0$117,364,379
93$162,805,473$0$0$129,118,971
94$179,124,977$0$0$142,065,710
95$197,100,040$0$0$156,325,980
96$216,899,246$0$0$172,033,538
97$238,708,364$0$0$189,335,779
98$262,732,101$0$0$208,395,127
99$289,196,038$0$0$229,390,561
100$318,348,751$0$0$252,519,312