Can I retire at age 30 with 811,000?

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 $811,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$66,972$66,375$65,793$65,225$64,670$62,726
2 years$33,154$32,537$31,938$31,358$30,795$28,853
3 years$21,883$21,263$20,666$20,091$19,538$17,658
4 years$16,249$15,631$15,040$14,475$13,935$12,132
5 years$12,869$12,255$11,671$11,118$10,593$8,872
6 years$10,617$10,007$9,432$8,891$8,382$6,745
7 years$9,008$8,404$7,838$7,310$6,817$5,263
8 years$7,803$7,204$6,647$6,132$5,655$4,184
9 years$6,866$6,272$5,725$5,223$4,762$3,372
10 years$6,116$5,528$4,992$4,502$4,058$2,747
11 years$5,504$4,922$4,395$3,918$3,490$2,255
12 years$4,993$4,417$3,900$3,437$3,024$1,864
13 years$4,562$3,992$3,484$3,034$2,637$1,549
14 years$4,193$3,629$3,131$2,694$2,312$1,292
15 years$3,873$3,315$2,827$2,402$2,035$1,081
16 years$3,593$3,041$2,563$2,151$1,799$908
17 years$3,347$2,801$2,332$1,933$1,595$764
18 years$3,128$2,588$2,129$1,742$1,418$644
19 years$2,932$2,399$1,949$1,574$1,264$544
20 years$2,756$2,229$1,789$1,425$1,129$460
21 years$2,597$2,076$1,645$1,294$1,010$389
22 years$2,453$1,938$1,516$1,176$906$330
23 years$2,322$1,813$1,400$1,071$813$280
24 years$2,201$1,698$1,295$977$731$237
25 years$2,091$1,594$1,199$892$658$201
26 years$1,989$1,498$1,112$816$592$171
27 years$1,895$1,410$1,033$747$534$145
28 years$1,808$1,328$960$684$482$124
29 years$1,726$1,253$893$627$435$105
30 years$1,651$1,183$832$576$393$89
31 years$1,580$1,119$776$529$355$76
32 years$1,514$1,059$724$486$322$65
33 years$1,452$1,003$676$447$291$55
34 years$1,394$950$632$411$263$47
35 years$1,340$901$590$379$239$40
36 years$1,288$855$552$349$216$34
37 years$1,239$812$517$321$196$29
38 years$1,193$772$484$296$178$25
39 years$1,150$734$454$273$161$21
40 years$1,109$698$425$252$146$18
41 years$1,070$665$399$232$133$15
42 years$1,033$633$374$214$120$13
43 years$997$603$351$198$109$11
44 years$964$575$329$183$99$9
45 years$932$548$309$169$90$8
46 years$901$523$290$156$82$7
47 years$872$499$273$144$74$6
48 years$844$477$256$133$67$5
49 years$817$455$241$123$61$4
50 years$792$435$227$114$56$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $811,000, adding $2,094 every year, while hoping to spend $38,747 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: 51/31/18 Blend
29$811,000$811,000$811,000$811,000
30$895,882$852,899$840,328$937,026
31$946,035$853,465$827,253$966,142
32$1,000,006$852,759$812,441$993,585
33$1,058,142$850,680$795,793$1,022,583
34$1,120,826$847,117$777,206$1,053,298
35$1,188,478$841,954$756,570$1,085,906
36$1,261,561$835,067$733,773$1,120,608
37$1,340,582$826,327$708,697$1,157,623
38$1,426,099$815,595$681,215$1,197,198
39$1,518,725$802,723$651,200$1,239,604
40$1,619,135$787,556$618,515$1,285,145
41$1,728,069$769,929$583,018$1,334,159
42$1,846,344$749,668$544,561$1,387,019
43$1,974,857$726,587$502,989$1,444,140
44$2,114,594$700,491$458,141$1,505,983
45$2,266,640$671,172$409,846$1,573,060
46$2,432,190$638,413$357,929$1,645,938
47$2,612,559$601,980$302,204$1,725,247
48$2,809,192$561,629$242,480$1,811,682
49$3,023,681$517,101$178,555$1,906,019
50$3,257,779$468,121$110,219$2,009,112
51$3,513,414$414,401$37,253$2,121,912
52$3,792,708$355,633$0$2,245,470
53$4,098,000$291,495$0$2,388,750
54$4,431,863$221,644$0$2,553,383
55$4,797,129$145,721$0$2,733,681
56$5,196,919$63,344$0$2,931,275
57$5,634,668$0$0$3,147,962
58$6,114,158$0$0$3,394,563
59$6,639,556$0$0$3,688,534
60$7,215,450$0$0$4,010,842
61$7,846,893$0$0$4,364,327
62$8,539,450$0$0$4,752,116
63$9,299,252$0$0$5,177,652
64$10,133,050$0$0$5,644,729
65$11,048,281$0$0$6,157,524
66$12,053,138$0$0$6,720,642
67$13,156,646$0$0$7,339,151
68$14,368,745$0$0$8,018,638
69$15,700,387$0$0$8,765,255
70$17,163,637$0$0$9,585,783
71$18,771,784$0$0$10,487,687
72$20,539,473$0$0$11,479,197
73$22,482,835$0$0$12,569,377
74$24,619,642$0$0$13,768,213
75$26,969,476$0$0$15,086,708
76$29,553,909$0$0$16,536,985
77$32,396,711$0$0$18,132,400
78$35,524,071$0$0$19,887,670
79$38,964,843$0$0$21,819,009
80$42,750,818$0$0$23,944,283
81$46,917,028$0$0$26,283,176
82$51,502,068$0$0$28,857,379
83$56,548,467$0$0$31,690,789
84$62,103,083$0$0$34,809,742
85$68,217,551$0$0$38,243,252
86$74,948,763$0$0$42,023,292
87$82,359,408$0$0$46,185,091
88$90,518,565$0$0$50,767,470
89$99,502,348$0$0$55,813,204
90$109,394,630$0$0$61,369,428
91$120,287,831$0$0$67,488,079
92$132,283,789$0$0$74,226,391
93$145,494,722$0$0$81,647,428
94$160,044,287$0$0$89,820,684
95$176,068,745$0$0$98,822,736
96$193,718,246$0$0$108,737,969
97$213,158,246$0$0$119,659,367
98$234,571,069$0$0$131,689,398
99$258,157,627$0$0$144,940,972
100$284,139,314$0$0$159,538,513