Can I retire at age 30 with 814,000?

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 $814,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$67,219$66,621$66,036$65,466$64,910$62,507
2 years$33,277$32,657$32,057$31,474$30,909$28,516
3 years$21,964$21,342$20,743$20,166$19,610$17,301
4 years$16,309$15,688$15,095$14,528$13,986$11,779
5 years$12,917$12,300$11,715$11,159$10,632$8,533
6 years$10,656$10,044$9,467$8,924$8,413$6,423
7 years$9,042$8,435$7,867$7,337$6,842$4,961
8 years$7,832$7,230$6,672$6,155$5,676$3,902
9 years$6,891$6,295$5,747$5,243$4,780$3,111
10 years$6,139$5,549$5,010$4,519$4,073$2,505
11 years$5,524$4,940$4,411$3,933$3,503$2,033
12 years$5,012$4,434$3,914$3,450$3,035$1,660
13 years$4,579$4,007$3,497$3,046$2,647$1,363
14 years$4,208$3,642$3,142$2,704$2,320$1,123
15 years$3,887$3,327$2,837$2,411$2,043$928
16 years$3,606$3,053$2,572$2,159$1,806$769
17 years$3,359$2,811$2,341$1,940$1,601$638
18 years$3,139$2,598$2,137$1,748$1,423$531
19 years$2,943$2,408$1,956$1,580$1,269$442
20 years$2,767$2,237$1,795$1,431$1,133$369
21 years$2,607$2,084$1,651$1,298$1,014$308
22 years$2,462$1,945$1,522$1,180$909$257
23 years$2,330$1,819$1,405$1,075$816$215
24 years$2,210$1,705$1,300$981$733$180
25 years$2,099$1,600$1,204$895$660$151
26 years$1,996$1,503$1,116$819$595$126
27 years$1,902$1,415$1,037$749$536$106
28 years$1,814$1,333$964$687$484$88
29 years$1,733$1,258$897$630$437$74
30 years$1,657$1,188$835$578$395$62
31 years$1,586$1,123$779$531$357$52
32 years$1,520$1,063$727$488$323$44
33 years$1,458$1,006$678$449$292$37
34 years$1,399$954$634$413$264$31
35 years$1,345$905$593$380$239$26
36 years$1,293$859$554$350$217$22
37 years$1,244$815$519$322$197$18
38 years$1,198$775$486$297$178$15
39 years$1,154$737$455$274$162$13
40 years$1,113$701$427$253$147$11
41 years$1,074$667$400$233$133$9
42 years$1,036$636$375$215$121$8
43 years$1,001$606$352$199$110$6
44 years$967$577$331$183$99$5
45 years$935$550$310$169$90$4
46 years$904$525$292$156$82$4
47 years$875$501$274$145$74$3
48 years$847$478$257$134$68$3
49 years$820$457$242$123$61$2
50 years$795$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 $814,000, adding $5,148 every year, while hoping to spend $25,100 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: 51/36/13 Blend
29$814,000$814,000$814,000$814,000
30$902,338$859,196$846,579$944,948
31$967,670$874,591$848,233$990,072
32$1,038,825$889,898$849,102$1,036,022
33$1,116,370$905,088$849,131$1,085,408
34$1,200,930$920,127$848,267$1,138,562
35$1,293,191$934,980$846,450$1,195,848
36$1,393,911$949,608$843,621$1,257,668
37$1,503,921$963,970$839,714$1,324,468
38$1,624,140$978,023$834,663$1,396,737
39$1,755,575$991,720$828,397$1,475,014
40$1,899,339$1,005,009$820,843$1,559,896
41$2,056,655$1,017,837$811,925$1,652,039
42$2,228,869$1,030,147$801,560$1,752,168
43$2,417,466$1,041,877$789,665$1,861,082
44$2,624,080$1,052,961$776,150$1,979,664
45$2,850,509$1,063,329$760,925$2,108,884
46$3,098,736$1,072,906$743,890$2,249,817
47$3,370,941$1,081,614$724,945$2,403,644
48$3,669,531$1,089,366$703,984$2,571,670
49$3,997,150$1,096,073$680,895$2,755,335
50$4,356,717$1,101,638$655,563$2,956,226
51$4,751,444$1,105,959$627,865$3,176,093
52$5,184,868$1,108,928$597,675$3,416,867
53$5,660,888$1,110,429$564,861$3,680,677
54$6,183,797$1,110,339$529,283$3,969,872
55$6,758,327$1,108,528$490,796$4,287,041
56$7,389,687$1,104,857$449,249$4,635,041
57$8,083,620$1,099,180$404,483$5,017,022
58$8,846,450$1,091,340$356,334$5,436,457
59$9,685,145$1,081,172$304,628$5,897,178
60$10,607,382$1,068,502$249,186$6,403,408
61$11,621,619$1,053,143$189,818$6,959,806
62$12,737,176$1,034,898$126,328$7,571,509
63$13,964,319$1,013,559$58,511$8,244,181
64$15,314,361$988,905$0$8,984,068
65$16,799,766$960,702$0$9,799,979
66$18,434,268$928,702$0$10,706,371
67$20,232,998$892,644$0$11,703,526
68$22,212,630$852,249$0$12,800,709
69$24,391,533$807,224$0$14,008,133
70$26,789,951$757,260$0$15,337,058
71$29,430,188$702,027$0$16,799,896
72$32,336,820$641,180$0$18,410,328
73$35,536,929$574,351$0$20,183,434
74$39,060,353$501,152$0$22,135,840
75$42,939,975$421,174$0$24,285,869
76$47,212,026$333,985$0$26,653,722
77$51,916,429$239,126$0$29,261,664
78$57,097,177$136,116$0$32,134,236
79$62,802,748$24,445$0$35,298,491
80$69,086,560$0$0$38,784,248
81$76,007,475$0$0$42,662,573
82$83,630,357$0$0$46,945,049
83$92,026,682$0$0$51,662,159
84$101,275,212$0$0$56,858,170
85$111,462,740$0$0$62,581,857
86$122,684,904$0$0$68,886,972
87$135,047,098$0$0$75,832,743
88$148,665,458$0$0$83,484,442
89$163,667,963$0$0$91,913,991
90$180,195,640$0$0$101,200,650
91$198,403,897$0$0$111,431,758
92$218,463,988$0$0$122,703,561
93$240,564,629$0$0$135,122,120
94$264,913,781$0$0$148,804,310
95$291,740,611$0$0$163,878,925
96$321,297,654$0$0$180,487,893
97$353,863,200$0$0$198,787,615
98$389,743,917$0$0$218,950,442
99$429,277,747$0$0$241,166,302
100$472,837,096$0$0$265,644,492