Can I retire at age 30 with 812,000?

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 $812,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$67,054$66,457$65,874$65,305$64,750$62,181
2 years$33,195$32,577$31,978$31,397$30,833$28,277
3 years$21,910$21,289$20,692$20,116$19,562$17,099
4 years$16,269$15,650$15,058$14,493$13,952$11,600
5 years$12,885$12,270$11,686$11,132$10,606$8,372
6 years$10,630$10,019$9,444$8,902$8,392$6,278
7 years$9,020$8,414$7,848$7,319$6,825$4,829
8 years$7,812$7,212$6,656$6,140$5,662$3,783
9 years$6,874$6,280$5,733$5,230$4,768$3,003
10 years$6,124$5,535$4,998$4,508$4,063$2,407
11 years$5,510$4,928$4,400$3,923$3,494$1,945
12 years$5,000$4,423$3,905$3,441$3,028$1,581
13 years$4,568$3,997$3,489$3,038$2,640$1,291
14 years$4,198$3,633$3,135$2,697$2,315$1,058
15 years$3,877$3,319$2,830$2,405$2,038$870
16 years$3,597$3,045$2,566$2,154$1,801$718
17 years$3,351$2,804$2,335$1,935$1,597$593
18 years$3,132$2,591$2,131$1,744$1,420$491
19 years$2,936$2,402$1,951$1,576$1,266$406
20 years$2,760$2,232$1,791$1,427$1,131$337
21 years$2,601$2,079$1,647$1,295$1,012$280
22 years$2,456$1,940$1,518$1,178$907$233
23 years$2,325$1,815$1,402$1,072$814$193
24 years$2,204$1,700$1,296$978$732$161
25 years$2,093$1,596$1,201$893$658$134
26 years$1,991$1,500$1,114$817$593$111
27 years$1,897$1,411$1,034$748$535$93
28 years$1,810$1,330$961$685$482$77
29 years$1,729$1,255$895$628$436$64
30 years$1,653$1,185$833$576$394$54
31 years$1,582$1,120$777$529$356$45
32 years$1,516$1,060$725$487$322$37
33 years$1,454$1,004$677$447$291$31
34 years$1,396$951$632$412$264$26
35 years$1,341$902$591$379$239$22
36 years$1,290$856$553$349$216$18
37 years$1,241$813$518$322$196$15
38 years$1,195$773$485$296$178$13
39 years$1,151$735$454$273$161$10
40 years$1,110$699$426$252$146$9
41 years$1,071$666$399$233$133$7
42 years$1,034$634$374$215$120$6
43 years$998$604$351$198$109$5
44 years$965$576$330$183$99$4
45 years$933$549$310$169$90$4
46 years$902$524$291$156$82$3
47 years$873$500$273$144$74$2
48 years$845$477$257$133$67$2
49 years$818$456$241$123$61$2
50 years$793$435$227$114$56$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $812,000, adding $6,112 every year, while hoping to spend $20,628 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: 34/47/19 Blend
29$812,000$812,000$812,000$812,000
30$901,129$858,093$845,507$926,324
31$971,096$878,191$851,883$965,511
32$1,047,508$898,583$857,782$1,005,398
33$1,131,001$919,261$863,165$1,047,978
34$1,222,275$940,217$867,993$1,093,504
35$1,322,100$961,440$872,224$1,142,250
36$1,431,325$982,921$875,813$1,194,520
37$1,550,883$1,004,648$878,716$1,250,649
38$1,681,804$1,026,606$880,884$1,311,008
39$1,825,219$1,048,781$882,264$1,376,002
40$1,982,377$1,071,156$882,806$1,446,080
41$2,154,650$1,093,714$882,451$1,521,738
42$2,343,553$1,116,435$881,141$1,603,522
43$2,550,752$1,139,296$878,816$1,692,032
44$2,778,081$1,162,274$875,409$1,787,932
45$3,027,564$1,185,344$870,854$1,891,954
46$3,301,426$1,208,477$865,078$2,004,904
47$3,602,122$1,231,643$858,009$2,127,673
48$3,932,353$1,254,808$849,567$2,261,240
49$4,295,096$1,277,937$839,670$2,406,687
50$4,693,631$1,300,991$828,234$2,565,208
51$5,131,570$1,323,928$815,169$2,738,119
52$5,612,894$1,346,703$800,380$2,926,868
53$6,141,986$1,369,269$783,770$3,133,057
54$6,723,678$1,391,573$765,236$3,358,450
55$7,363,291$1,413,558$744,669$3,604,992
56$8,066,690$1,435,165$721,959$3,874,828
57$8,840,334$1,456,330$696,986$4,170,325
58$9,691,342$1,476,984$669,629$4,494,090
59$10,627,555$1,497,052$639,757$4,849,001
60$11,657,614$1,516,456$607,238$5,238,230
61$12,791,040$1,535,112$571,929$5,665,276
62$14,038,322$1,552,928$533,685$6,133,994
63$15,411,018$1,569,809$492,351$6,648,638
64$16,921,865$1,585,653$447,768$7,213,898
65$18,584,894$1,600,348$399,766$7,834,945
66$20,415,567$1,613,780$348,173$8,517,479
67$22,430,922$1,625,822$292,804$9,267,788
68$24,649,732$1,636,343$233,468$10,092,803
69$27,092,682$1,645,201$169,967$11,000,165
70$29,782,566$1,652,247$102,092$11,998,300
71$32,744,502$1,657,320$29,625$13,096,498
72$36,006,164$1,660,252$0$14,305,000
73$39,598,050$1,660,862$0$15,644,770
74$43,553,765$1,658,958$0$17,125,623
75$47,910,339$1,654,337$0$18,755,319
76$52,708,578$1,646,784$0$20,549,041
77$57,993,446$1,636,069$0$22,523,523
78$63,814,491$1,621,950$0$24,697,210
79$70,226,312$1,604,169$0$27,090,432
80$77,289,076$1,582,453$0$29,725,596
81$85,069,081$1,556,513$0$32,627,402
82$93,639,388$1,526,043$0$35,823,070
83$103,080,503$1,490,717$0$39,342,606
84$113,481,144$1,450,191$0$43,219,079
85$124,939,073$1,404,103$0$47,488,939
86$137,562,021$1,352,066$0$52,192,361
87$151,468,702$1,293,673$0$57,373,624
88$166,789,939$1,228,492$0$63,081,529
89$183,669,893$1,156,068$0$69,369,867
90$202,267,424$1,075,917$0$76,297,921
91$222,757,593$987,529$0$83,931,030
92$245,333,316$890,366$0$92,341,209
93$270,207,177$783,857$0$101,607,828
94$297,613,443$667,400$0$111,818,365
95$327,810,269$540,357$0$123,069,231
96$361,082,140$402,058$0$135,466,685
97$397,742,551$251,792$0$149,127,835
98$438,136,970$88,809$0$164,181,752
99$482,646,097$0$0$180,770,685
100$531,689,459$0$0$199,096,759