Can I retire at age 30 with 820,000?

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 $820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$67,715$67,112$66,523$65,949$65,388$62,993
2 years$33,522$32,898$32,293$31,706$31,137$28,751
3 years$22,126$21,499$20,896$20,314$19,755$17,452
4 years$16,429$15,804$15,207$14,635$14,089$11,888
5 years$13,012$12,391$11,801$11,241$10,710$8,616
6 years$10,735$10,118$9,537$8,990$8,475$6,489
7 years$9,108$8,497$7,925$7,391$6,892$5,015
8 years$7,889$7,283$6,721$6,200$5,718$3,947
9 years$6,942$6,342$5,789$5,281$4,815$3,148
10 years$6,184$5,590$5,047$4,552$4,103$2,537
11 years$5,565$4,976$4,443$3,962$3,529$2,060
12 years$5,049$4,466$3,943$3,475$3,058$1,684
13 years$4,613$4,036$3,523$3,068$2,666$1,383
14 years$4,239$3,669$3,165$2,723$2,337$1,140
15 years$3,916$3,352$2,858$2,429$2,058$943
16 years$3,633$3,075$2,591$2,175$1,819$782
17 years$3,384$2,832$2,358$1,954$1,613$650
18 years$3,162$2,617$2,152$1,761$1,434$541
19 years$2,965$2,425$1,970$1,591$1,278$451
20 years$2,787$2,254$1,808$1,441$1,142$376
21 years$2,626$2,099$1,663$1,308$1,022$314
22 years$2,480$1,960$1,533$1,189$916$263
23 years$2,348$1,833$1,416$1,083$822$220
24 years$2,226$1,717$1,309$988$739$184
25 years$2,114$1,611$1,212$902$665$154
26 years$2,011$1,515$1,125$825$599$129
27 years$1,916$1,425$1,044$755$540$108
28 years$1,828$1,343$971$692$487$91
29 years$1,746$1,267$903$634$440$76
30 years$1,669$1,197$841$582$398$64
31 years$1,598$1,131$784$535$359$54
32 years$1,531$1,070$732$491$325$45
33 years$1,468$1,014$683$452$294$38
34 years$1,410$961$639$416$266$32
35 years$1,354$911$597$383$241$27
36 years$1,302$865$558$352$219$22
37 years$1,253$821$523$325$198$19
38 years$1,207$781$489$299$180$16
39 years$1,163$742$459$276$163$13
40 years$1,121$706$430$255$148$11
41 years$1,082$672$403$235$134$9
42 years$1,044$640$378$217$122$8
43 years$1,008$610$355$200$110$7
44 years$974$581$333$185$100$6
45 years$942$555$313$171$91$5
46 years$911$529$294$158$83$4
47 years$882$505$276$146$75$3
48 years$853$482$259$135$68$3
49 years$826$460$244$124$62$2
50 years$801$440$229$115$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $820,000, adding $6,776 every year, while hoping to spend $37,748 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: 53/17/30 Blend
29$820,000$820,000$820,000$820,000
30$910,629$867,169$854,459$950,923
31$963,350$869,497$842,920$981,969
32$1,020,183$870,674$829,729$1,011,374
33$1,081,508$870,603$814,792$1,042,642
34$1,147,742$869,183$798,007$1,075,967
35$1,219,343$866,304$779,272$1,111,565
36$1,296,816$861,853$758,477$1,149,676
37$1,380,713$855,705$735,508$1,190,566
38$1,471,644$847,733$710,246$1,234,531
39$1,570,278$837,798$682,565$1,281,899
40$1,677,351$825,755$652,336$1,333,033
41$1,793,673$811,449$619,421$1,388,337
42$1,920,134$794,718$583,679$1,448,258
43$2,057,716$775,386$544,960$1,513,290
44$2,207,495$753,272$503,108$1,583,983
45$2,370,658$728,181$457,961$1,660,945
46$2,548,510$699,907$409,348$1,744,849
47$2,742,489$668,234$357,092$1,836,440
48$2,954,176$632,930$301,008$1,936,543
49$3,185,311$593,753$240,901$2,046,073
50$3,437,812$550,446$176,569$2,166,039
51$3,713,786$502,735$107,802$2,297,561
52$4,015,558$450,335$34,379$2,441,874
53$4,345,683$392,940$0$2,600,348
54$4,706,979$330,230$0$2,788,572
55$5,102,544$261,865$0$3,006,801
56$5,535,795$187,487$0$3,245,949
57$6,010,489$106,717$0$3,508,143
58$6,530,769$19,156$0$3,795,729
59$7,101,194$0$0$4,111,296
60$7,726,788$0$0$4,471,843
61$8,413,083$0$0$4,871,387
62$9,166,171$0$0$5,309,901
63$9,992,766$0$0$5,791,306
64$10,900,260$0$0$6,319,917
65$11,896,798$0$0$6,900,491
66$12,991,352$0$0$7,538,265
67$14,193,803$0$0$8,239,011
68$15,515,041$0$0$9,009,086
69$16,967,060$0$0$9,855,494
70$18,563,073$0$0$10,785,951
71$20,317,638$0$0$11,808,959
72$22,246,795$0$0$12,933,883
73$24,368,214$0$0$14,171,042
74$26,701,363$0$0$15,531,805
75$29,267,693$0$0$17,028,699
76$32,090,836$0$0$18,675,524
77$35,196,831$0$0$20,487,487
78$38,614,369$0$0$22,481,343
79$42,375,062$0$0$24,675,552
80$46,513,738$0$0$27,090,456
81$51,068,777$0$0$29,748,466
82$56,082,465$0$0$32,674,280
83$61,601,396$0$0$35,895,107
84$67,676,911$0$0$39,440,933
85$74,365,583$0$0$43,344,796
86$81,729,746$0$0$47,643,100
87$89,838,088$0$0$52,375,961
88$98,766,297$0$0$57,587,582
89$108,597,771$0$0$63,326,671
90$119,424,412$0$0$69,646,899
91$131,347,484$0$0$76,607,408
92$144,478,575$0$0$84,273,370
93$158,940,648$0$0$92,716,599
94$174,869,198$0$0$102,016,228
95$192,413,533$0$0$112,259,459
96$211,738,182$0$0$123,542,384
97$233,024,447$0$0$135,970,889
98$256,472,113$0$0$149,661,658
99$282,301,336$0$0$164,743,270
100$310,754,715$0$0$181,357,414