Can I retire at age 30 with 819,000?

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 $819,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$67,632$67,030$66,442$65,868$65,308$64,978
2 years$33,481$32,858$32,253$31,667$31,099$30,766
3 years$22,099$21,473$20,870$20,290$19,731$19,405
4 years$16,409$15,785$15,188$14,618$14,072$13,756
5 years$12,996$12,376$11,787$11,228$10,697$10,392
6 years$10,721$10,106$9,525$8,979$8,464$8,170
7 years$9,097$8,487$7,916$7,382$6,884$6,601
8 years$7,880$7,275$6,713$6,193$5,711$5,439
9 years$6,933$6,334$5,782$5,275$4,809$4,549
10 years$6,177$5,583$5,041$4,547$4,098$3,849
11 years$5,558$4,970$4,438$3,957$3,524$3,286
12 years$5,043$4,461$3,938$3,471$3,054$2,826
13 years$4,607$4,031$3,519$3,064$2,663$2,446
14 years$4,234$3,664$3,162$2,720$2,335$2,128
15 years$3,911$3,348$2,855$2,426$2,055$1,859
16 years$3,628$3,071$2,588$2,172$1,817$1,630
17 years$3,380$2,829$2,355$1,952$1,611$1,433
18 years$3,159$2,614$2,150$1,759$1,432$1,264
19 years$2,961$2,422$1,968$1,589$1,277$1,117
20 years$2,784$2,251$1,806$1,439$1,140$989
21 years$2,623$2,097$1,661$1,306$1,020$877
22 years$2,477$1,957$1,531$1,188$915$780
23 years$2,345$1,831$1,414$1,082$821$694
24 years$2,223$1,715$1,308$987$738$618
25 years$2,112$1,610$1,211$901$664$551
26 years$2,009$1,513$1,123$824$598$492
27 years$1,914$1,424$1,043$754$539$439
28 years$1,825$1,341$970$691$487$393
29 years$1,743$1,266$902$634$439$351
30 years$1,667$1,195$840$581$397$314
31 years$1,596$1,130$783$534$359$281
32 years$1,529$1,069$731$491$325$252
33 years$1,467$1,012$683$451$294$226
34 years$1,408$960$638$415$266$202
35 years$1,353$910$596$382$241$182
36 years$1,301$864$558$352$218$163
37 years$1,252$820$522$324$198$146
38 years$1,205$780$489$299$179$131
39 years$1,161$741$458$276$163$118
40 years$1,120$705$429$254$148$106
41 years$1,080$671$403$235$134$95
42 years$1,043$639$378$216$121$85
43 years$1,007$609$354$200$110$77
44 years$973$581$333$185$100$69
45 years$941$554$312$170$91$62
46 years$910$528$293$157$82$56
47 years$880$504$276$145$75$50
48 years$852$481$259$134$68$45
49 years$825$460$243$124$62$40
50 years$800$439$229$115$56$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $819,000, adding $2,763 every year, while hoping to spend $25,214 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: 56/16/28 Blend
29$819,000$819,000$819,000$819,000
30$905,388$861,981$849,287$948,963
31$970,910$877,391$850,910$994,660
32$1,042,270$892,710$851,743$1,041,573
33$1,120,038$907,909$851,732$1,092,177
34$1,204,838$922,953$850,822$1,146,838
35$1,297,361$937,807$848,953$1,205,957
36$1,398,364$952,432$846,066$1,269,978
37$1,508,683$966,786$842,095$1,339,391
38$1,629,236$980,827$836,973$1,414,737
39$1,761,036$994,505$830,629$1,496,612
40$1,905,196$1,007,770$822,990$1,585,672
41$2,062,944$1,020,569$813,978$1,682,645
42$2,235,630$1,032,842$803,511$1,788,329
43$2,424,740$1,044,528$791,505$1,903,609
44$2,631,914$1,055,560$777,871$2,029,457
45$2,858,955$1,065,868$762,516$2,166,949
46$3,107,850$1,075,377$745,341$2,317,270
47$3,380,786$1,084,006$726,246$2,481,727
48$3,680,174$1,091,670$705,122$2,661,762
49$4,008,668$1,098,278$681,860$2,858,966
50$4,369,191$1,103,732$656,341$3,075,093
51$4,764,964$1,107,931$628,444$3,312,077
52$5,199,534$1,110,764$598,041$3,572,054
53$5,676,810$1,112,114$564,999$3,857,376
54$6,201,096$1,111,859$529,178$4,170,639
55$6,777,135$1,109,867$490,432$4,514,705
56$7,410,151$1,105,999$448,610$4,892,732
57$8,105,899$1,100,106$403,551$5,308,201
58$8,870,721$1,092,031$355,090$5,764,950
59$9,711,603$1,081,609$303,054$6,267,212
60$10,636,240$1,068,662$247,260$6,819,655
61$11,653,114$1,053,003$187,520$7,427,427
62$12,771,565$1,034,434$123,636$8,096,202
63$14,001,889$1,012,745$55,402$8,832,237
64$15,355,426$987,714$0$9,642,433
65$16,844,671$959,104$0$10,539,600
66$18,483,394$926,667$0$11,544,923
67$20,286,765$890,138$0$12,651,150
68$22,271,498$849,238$0$13,868,549
69$24,456,012$803,672$0$15,208,436
70$26,860,601$753,127$0$16,683,281
71$29,507,624$697,272$0$18,306,829
72$32,421,723$635,759$0$20,094,224
73$35,630,045$568,218$0$22,062,160
74$39,162,507$494,258$0$24,229,031
75$43,052,074$413,468$0$26,615,111
76$47,335,069$325,411$0$29,242,742
77$52,051,517$229,628$0$32,136,547
78$57,245,524$125,631$0$35,323,661
79$62,965,689$12,909$0$38,833,989
80$69,265,566$0$0$42,700,489
81$76,204,168$0$0$46,978,687
82$83,846,523$0$0$51,693,412
83$92,264,288$0$0$56,886,610
84$101,536,426$0$0$62,607,008
85$111,749,950$0$0$68,908,304
86$123,000,742$0$0$75,849,666
87$135,394,463$0$0$83,496,297
88$149,047,543$0$0$91,920,049
89$164,088,288$0$0$101,200,098
90$180,658,083$0$0$111,423,694
91$198,912,729$0$0$122,686,985
92$219,023,916$0$0$135,095,920
93$241,180,840$0$0$148,767,255
94$265,591,989$0$0$163,829,651
95$292,487,113$0$0$180,424,887
96$322,119,389$0$0$198,709,202
97$354,767,813$0$0$218,854,768
98$390,739,831$0$0$241,051,314
99$430,374,245$0$0$265,507,919
100$474,044,407$0$0$292,454,983