Can I retire at age 30 with 837,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%12.2%
1 years$69,119$68,503$67,902$67,316$66,744$66,129
2 years$34,217$33,580$32,962$32,363$31,783$31,164
3 years$22,585$21,945$21,329$20,736$20,164$19,560
4 years$16,770$16,132$15,522$14,939$14,381$13,796
5 years$13,282$12,648$12,046$11,474$10,932$10,368
6 years$10,957$10,328$9,735$9,176$8,650$8,108
7 years$9,297$8,673$8,090$7,544$7,035$6,514
8 years$8,053$7,434$6,861$6,329$5,836$5,337
9 years$7,086$6,473$5,909$5,391$4,915$4,438
10 years$6,312$5,706$5,152$4,647$4,188$3,732
11 years$5,680$5,079$4,535$4,044$3,602$3,167
12 years$5,153$4,559$4,025$3,547$3,121$2,707
13 years$4,708$4,120$3,596$3,132$2,722$2,328
14 years$4,327$3,745$3,231$2,780$2,386$2,012
15 years$3,997$3,421$2,917$2,479$2,101$1,746
16 years$3,708$3,139$2,645$2,220$1,857$1,520
17 years$3,454$2,891$2,407$1,995$1,646$1,327
18 years$3,228$2,671$2,197$1,797$1,464$1,162
19 years$3,026$2,476$2,011$1,624$1,305$1,020
20 years$2,845$2,300$1,846$1,471$1,165$897
21 years$2,681$2,143$1,698$1,335$1,043$790
22 years$2,532$2,000$1,565$1,214$935$696
23 years$2,396$1,871$1,445$1,105$839$615
24 years$2,272$1,753$1,336$1,008$754$544
25 years$2,158$1,645$1,238$921$679$481
26 years$2,053$1,546$1,148$842$611$426
27 years$1,956$1,455$1,066$771$551$377
28 years$1,865$1,371$991$706$497$335
29 years$1,782$1,293$922$647$449$297
30 years$1,704$1,221$859$594$406$264
31 years$1,631$1,155$801$546$367$234
32 years$1,563$1,093$747$502$332$208
33 years$1,499$1,035$698$461$300$185
34 years$1,439$981$652$424$272$164
35 years$1,383$930$609$391$246$146
36 years$1,329$883$570$360$223$130
37 years$1,279$838$534$331$202$116
38 years$1,232$797$500$306$183$103
39 years$1,187$758$468$282$166$92
40 years$1,144$721$439$260$151$82
41 years$1,104$686$411$240$137$73
42 years$1,066$654$386$221$124$65
43 years$1,029$623$362$204$113$58
44 years$994$594$340$189$102$51
45 years$961$566$319$174$93$46
46 years$930$540$300$161$84$41
47 years$900$515$282$149$77$36
48 years$871$492$265$137$70$32
49 years$844$470$249$127$63$29
50 years$817$449$234$117$57$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $837,000, adding $2,062 every year, while hoping to spend $27,700 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: 56/27/17 Blend
29$837,000$837,000$837,000$837,000
30$924,501$880,140$867,166$972,005
31$989,327$893,794$866,744$1,018,207
32$1,059,838$907,189$865,379$1,065,345
33$1,136,583$920,283$863,010$1,116,071
34$1,220,168$933,030$859,575$1,170,735
35$1,311,260$945,383$855,005$1,229,723
36$1,410,592$957,291$849,232$1,293,461
37$1,518,972$968,698$842,181$1,362,419
38$1,637,288$979,545$833,775$1,437,115
39$1,766,519$989,771$823,934$1,518,121
40$1,907,742$999,308$812,574$1,606,068
41$2,062,143$1,008,084$799,606$1,701,652
42$2,231,026$1,016,025$784,937$1,805,642
43$2,415,829$1,023,049$768,472$1,918,883
44$2,618,136$1,029,071$750,107$2,042,312
45$2,839,688$1,033,998$729,739$2,176,959
46$3,082,406$1,037,733$707,254$2,323,961
47$3,348,402$1,040,173$682,538$2,484,574
48$3,640,006$1,041,207$655,469$2,660,181
49$3,959,779$1,040,720$625,921$2,852,310
50$4,310,548$1,038,586$593,760$3,062,645
51$4,695,421$1,034,674$558,848$3,293,043
52$5,117,824$1,028,844$521,040$3,545,554
53$5,581,533$1,020,947$480,185$3,822,439
54$6,090,703$1,010,827$436,125$4,126,190
55$6,649,913$998,316$388,694$4,459,557
56$7,264,209$983,238$337,720$4,825,573
57$7,939,147$965,406$283,022$5,227,584
58$8,680,849$944,620$224,413$5,669,276
59$9,496,060$920,671$161,695$6,154,720
60$10,392,210$893,336$94,664$6,688,402
61$11,377,486$862,379$23,105$7,275,268
62$12,460,905$827,552$0$7,920,775
63$13,652,405$788,590$0$8,640,601
64$14,962,934$745,214$0$9,436,820
65$16,404,553$697,129$0$10,312,595
66$17,990,552$644,023$0$11,276,040
67$19,735,574$585,566$0$12,336,098
68$21,655,753$521,409$0$13,502,625
69$23,768,866$451,184$0$14,786,487
70$26,094,499$374,501$0$16,199,662
71$28,654,235$290,948$0$17,755,352
72$31,471,853$200,091$0$19,468,108
73$34,573,558$101,472$0$21,353,970
74$37,988,222$0$0$23,430,618
75$41,747,658$0$0$25,719,145
76$45,886,923$0$0$28,272,176
77$50,444,644$0$0$31,083,402
78$55,463,387$0$0$34,179,088
79$60,990,053$0$0$37,588,177
80$67,076,325$0$0$41,342,562
81$73,779,153$0$0$45,477,387
82$81,161,293$0$0$50,031,377
83$89,291,896$0$0$55,047,206
84$98,247,163$0$0$60,571,897
85$108,111,063$0$0$66,657,268
86$118,976,126$0$0$73,360,419
87$130,944,314$0$0$80,744,270
88$144,127,985$0$0$88,878,158
89$158,650,952$0$0$97,838,489
90$174,649,652$0$0$107,709,459
91$192,274,432$0$0$118,583,848
92$211,690,972$0$0$130,563,898
93$233,081,841$0$0$143,762,274
94$256,648,229$0$0$158,303,132
95$282,611,838$0$0$174,323,286
96$311,216,978$0$0$191,973,502
97$342,732,871$0$0$211,419,922
98$377,456,197$0$0$232,845,628
99$415,713,886$0$0$256,452,373
100$457,866,209$0$0$282,462,486