Can I retire at age 30 with 818,000?

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 $818,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$67,550$66,948$66,361$65,788$65,228$64,333
2 years$33,440$32,818$32,214$31,629$31,061$30,161
3 years$22,072$21,447$20,845$20,265$19,706$18,829
4 years$16,389$15,766$15,170$14,600$14,055$13,207
5 years$12,980$12,360$11,772$11,214$10,684$9,869
6 years$10,708$10,093$9,514$8,968$8,454$7,672
7 years$9,086$8,476$7,906$7,373$6,875$6,126
8 years$7,870$7,266$6,705$6,185$5,704$4,988
9 years$6,925$6,326$5,775$5,268$4,803$4,120
10 years$6,169$5,576$5,035$4,541$4,093$3,442
11 years$5,551$4,964$4,432$3,952$3,520$2,901
12 years$5,036$4,456$3,934$3,467$3,050$2,463
13 years$4,601$4,027$3,514$3,061$2,660$2,102
14 years$4,229$3,660$3,158$2,717$2,332$1,804
15 years$3,906$3,343$2,851$2,423$2,053$1,553
16 years$3,624$3,068$2,585$2,169$1,814$1,342
17 years$3,375$2,825$2,352$1,949$1,609$1,163
18 years$3,155$2,611$2,147$1,757$1,430$1,011
19 years$2,957$2,419$1,966$1,587$1,275$880
20 years$2,780$2,248$1,804$1,438$1,139$767
21 years$2,620$2,094$1,659$1,305$1,019$670
22 years$2,474$1,955$1,529$1,186$914$586
23 years$2,342$1,828$1,412$1,080$820$513
24 years$2,220$1,713$1,306$985$737$450
25 years$2,109$1,608$1,210$900$663$395
26 years$2,006$1,511$1,122$823$597$346
27 years$1,911$1,422$1,042$753$539$304
28 years$1,823$1,340$968$690$486$267
29 years$1,741$1,264$901$633$439$235
30 years$1,665$1,194$839$581$397$207
31 years$1,594$1,128$783$533$359$182
32 years$1,527$1,068$730$490$324$160
33 years$1,465$1,011$682$451$293$141
34 years$1,406$958$637$415$266$124
35 years$1,351$909$596$382$241$110
36 years$1,299$863$557$352$218$97
37 years$1,250$819$521$324$198$85
38 years$1,204$779$488$299$179$75
39 years$1,160$741$457$275$162$66
40 years$1,118$705$429$254$147$58
41 years$1,079$671$402$234$134$51
42 years$1,041$639$377$216$121$45
43 years$1,006$609$354$200$110$40
44 years$972$580$332$184$100$35
45 years$940$553$312$170$91$31
46 years$909$528$293$157$82$27
47 years$879$504$275$145$75$24
48 years$851$481$259$134$68$21
49 years$824$459$243$124$62$19
50 years$799$439$229$115$56$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $818,000, adding $6,805 every year, while hoping to spend $54,796 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: 52/25/23 Blend
29$818,000$818,000$818,000$818,000
30$908,455$865,101$852,422$949,567
31$942,815$849,189$822,676$962,781
32$978,843$830,660$790,097$970,957
33$1,016,652$809,329$754,531$978,713
34$1,056,363$784,999$715,821$986,029
35$1,098,109$757,460$673,798$992,887
36$1,142,034$726,494$628,288$999,271
37$1,188,295$691,865$579,109$1,005,165
38$1,237,062$653,328$526,070$1,010,558
39$1,288,521$610,620$468,972$1,015,441
40$1,342,876$563,466$407,608$1,019,807
41$1,400,347$511,573$341,761$1,023,657
42$1,461,176$454,634$271,203$1,026,992
43$1,525,626$392,321$195,699$1,029,824
44$1,593,985$324,291$115,000$1,032,168
45$1,666,569$250,178$28,850$1,034,047
46$1,743,721$169,599$0$1,035,495
47$1,825,818$82,146$0$1,052,037
48$1,913,273$0$0$1,076,806
49$2,006,536$0$0$1,106,322
50$2,106,103$0$0$1,162,008
51$2,212,514$0$0$1,221,572
52$2,326,365$0$0$1,285,355
53$2,448,307$0$0$1,353,729
54$2,579,052$0$0$1,427,100
55$2,719,386$0$0$1,505,916
56$2,870,168$0$0$1,590,670
57$3,032,342$0$0$1,681,899
58$3,206,944$0$0$1,780,197
59$3,395,113$0$0$1,886,214
60$3,598,098$0$0$2,000,664
61$3,817,274$0$0$2,124,333
62$4,054,149$0$0$2,258,083
63$4,310,381$0$0$2,402,864
64$4,587,795$0$0$2,559,718
65$4,888,394$0$0$2,729,791
66$5,214,382$0$0$2,914,345
67$5,568,184$0$0$3,114,765
68$5,952,464$0$0$3,332,578
69$6,370,155$0$0$3,569,462
70$6,824,483$0$0$3,827,261
71$7,318,996$0$0$4,108,009
72$7,857,599$0$0$4,413,939
73$8,444,590$0$0$4,747,512
74$9,084,698$0$0$5,111,435
75$9,783,128$0$0$5,508,687
76$10,545,609$0$0$5,942,550
77$11,378,448$0$0$6,416,634
78$12,288,588$0$0$6,934,915
79$13,283,672$0$0$7,501,770
80$14,372,118$0$0$8,122,018
81$15,563,190$0$0$8,800,966
82$16,867,093$0$0$9,544,458
83$18,295,062$0$0$10,358,928
84$19,859,472$0$0$11,251,463
85$21,573,948$0$0$12,229,869
86$23,453,498$0$0$13,302,741
87$25,514,651$0$0$14,479,547
88$27,775,611$0$0$15,770,715
89$30,256,432$0$0$17,187,731
90$32,979,198$0$0$18,743,247
91$35,968,241$0$0$20,451,201
92$39,250,358$0$0$22,326,944
93$42,855,072$0$0$24,387,389
94$46,814,904$0$0$26,651,167
95$51,165,680$0$0$29,138,803
96$55,946,868$0$0$31,872,908
97$61,201,950$0$0$34,878,393
98$66,978,828$0$0$38,182,703
99$73,330,277$0$0$41,816,074
100$80,314,442$0$0$45,811,819