Can I retire at age 30 with 813,000?

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 $813,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$67,137$66,539$65,955$65,386$64,830$62,406
2 years$33,236$32,617$32,017$31,435$30,871$28,457
3 years$21,937$21,316$20,717$20,141$19,586$17,257
4 years$16,289$15,669$15,077$14,510$13,969$11,743
5 years$12,901$12,285$11,700$11,145$10,619$8,502
6 years$10,643$10,032$9,456$8,913$8,402$6,396
7 years$9,031$8,424$7,858$7,328$6,833$4,937
8 years$7,822$7,221$6,664$6,147$5,669$3,881
9 years$6,883$6,287$5,740$5,236$4,774$3,092
10 years$6,131$5,542$5,004$4,514$4,068$2,489
11 years$5,517$4,934$4,405$3,928$3,498$2,018
12 years$5,006$4,428$3,910$3,446$3,032$1,647
13 years$4,573$4,002$3,493$3,042$2,644$1,351
14 years$4,203$3,638$3,138$2,700$2,317$1,112
15 years$3,882$3,323$2,834$2,408$2,040$919
16 years$3,602$3,049$2,569$2,156$1,803$761
17 years$3,355$2,808$2,338$1,937$1,599$631
18 years$3,135$2,595$2,134$1,746$1,422$525
19 years$2,939$2,405$1,954$1,578$1,267$437
20 years$2,763$2,234$1,793$1,429$1,132$364
21 years$2,604$2,081$1,649$1,297$1,013$303
22 years$2,459$1,943$1,520$1,179$908$253
23 years$2,328$1,817$1,403$1,074$815$212
24 years$2,207$1,703$1,298$979$733$177
25 years$2,096$1,598$1,202$894$659$148
26 years$1,994$1,502$1,115$818$594$124
27 years$1,900$1,413$1,035$749$535$104
28 years$1,812$1,332$962$686$483$87
29 years$1,731$1,256$896$629$436$73
30 years$1,655$1,186$834$577$394$61
31 years$1,584$1,122$778$530$356$51
32 years$1,518$1,061$726$487$322$43
33 years$1,456$1,005$678$448$292$36
34 years$1,398$952$633$412$264$30
35 years$1,343$903$592$379$239$25
36 years$1,291$857$554$349$217$21
37 years$1,242$814$518$322$196$18
38 years$1,196$774$485$297$178$15
39 years$1,153$736$455$274$161$12
40 years$1,111$700$426$252$146$10
41 years$1,072$667$400$233$133$9
42 years$1,035$635$375$215$121$7
43 years$1,000$605$352$198$109$6
44 years$966$577$330$183$99$5
45 years$934$550$310$169$90$4
46 years$903$524$291$156$82$4
47 years$874$500$274$144$74$3
48 years$846$478$257$133$68$3
49 years$819$456$242$123$61$2
50 years$794$436$227$114$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $813,000, adding $6,819 every year, while hoping to spend $32,119 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: 78/9/13 Blend
29$813,000$813,000$813,000$813,000
30$902,960$859,871$847,269$970,542
31$960,887$867,830$841,478$1,023,947
32$1,023,647$875,103$834,417$1,077,726
33$1,091,698$881,622$826,009$1,135,804
34$1,165,544$887,315$816,173$1,198,596
35$1,245,742$892,105$804,827$1,266,563
36$1,332,901$895,911$791,882$1,340,209
37$1,427,693$898,647$777,246$1,420,091
38$1,530,857$900,220$760,824$1,506,824
39$1,643,206$900,533$742,513$1,601,082
40$1,765,635$899,481$722,210$1,703,612
41$1,899,129$896,955$699,803$1,815,235
42$2,044,772$892,837$675,178$1,936,856
43$2,203,756$887,004$648,213$2,069,473
44$2,377,394$879,322$618,784$2,214,184
45$2,567,133$869,653$586,757$2,372,202
46$2,774,563$857,849$551,996$2,544,863
47$3,001,437$843,752$514,356$2,733,638
48$3,249,683$827,196$473,687$2,940,150
49$3,521,427$808,004$429,832$3,166,187
50$3,819,008$785,992$382,627$3,413,721
51$4,145,001$760,960$331,899$3,684,924
52$4,502,244$732,699$277,471$3,982,192
53$4,893,861$700,990$219,154$4,308,164
54$5,323,293$665,597$156,754$4,665,749
55$5,794,330$626,272$90,066$5,058,156
56$6,311,147$582,755$18,879$5,488,918
57$6,878,342$534,768$0$5,961,933
58$7,500,980$482,018$0$6,489,415
59$8,184,640$424,197$0$7,071,488
60$8,935,467$360,977$0$7,710,783
61$9,760,233$292,013$0$8,413,086
62$10,666,396$216,940$0$9,184,774
63$11,662,171$135,373$0$10,032,873
64$12,756,612$46,906$0$10,965,124
65$13,959,689$0$0$11,990,059
66$15,282,391$0$0$13,121,921
67$16,736,820$0$0$14,371,643
68$18,336,314$0$0$15,746,042
69$20,095,565$0$0$17,257,748
70$22,030,761$0$0$18,920,674
71$24,159,739$0$0$20,750,151
72$26,502,151$0$0$22,763,072
73$29,079,649$0$0$24,978,047
74$31,916,092$0$0$27,415,583
75$35,037,767$0$0$30,098,277
76$38,473,639$0$0$33,051,023
77$42,255,624$0$0$36,301,256
78$46,418,888$0$0$39,879,201
79$51,002,181$0$0$43,818,167
80$56,048,199$0$0$48,154,852
81$61,603,990$0$0$52,929,698
82$67,721,397$0$0$58,187,263
83$74,457,544$0$0$63,976,650
84$81,875,378$0$0$70,351,965
85$90,044,261$0$0$77,372,828
86$99,040,624$0$0$85,104,934
87$108,948,689$0$0$93,620,678
88$119,861,263$0$0$102,999,832
89$131,880,614$0$0$113,330,300
90$145,119,434$0$0$124,708,946
91$159,701,903$0$0$137,242,512
92$175,764,864$0$0$151,048,618
93$193,459,108$0$0$166,256,880
94$212,950,801$0$0$183,010,126
95$234,423,051$0$0$201,465,746
96$258,077,636$0$0$221,797,180
97$284,136,906$0$0$244,195,551
98$312,845,885$0$0$268,871,471
99$344,474,581$0$0$296,057,025
100$379,320,534$0$0$326,007,967