Can I retire at age 30 with 821,000?

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 $821,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$67,797$67,194$66,604$66,029$65,468$64,120
2 years$33,563$32,938$32,332$31,745$31,175$29,823
3 years$22,153$21,525$20,921$20,339$19,779$18,465
4 years$16,449$15,823$15,225$14,653$14,106$12,841
5 years$13,028$12,406$11,815$11,255$10,723$9,510
6 years$10,748$10,130$9,549$9,001$8,485$7,325
7 years$9,120$8,507$7,935$7,400$6,901$5,794
8 years$7,899$7,292$6,729$6,208$5,725$4,671
9 years$6,950$6,349$5,796$5,288$4,821$3,820
10 years$6,192$5,597$5,053$4,558$4,108$3,158
11 years$5,571$4,982$4,449$3,967$3,533$2,633
12 years$5,055$4,472$3,948$3,479$3,061$2,211
13 years$4,618$4,041$3,527$3,072$2,670$1,867
14 years$4,244$3,673$3,169$2,727$2,340$1,583
15 years$3,920$3,356$2,862$2,432$2,061$1,348
16 years$3,637$3,079$2,594$2,177$1,821$1,151
17 years$3,388$2,835$2,361$1,956$1,615$985
18 years$3,166$2,620$2,155$1,763$1,436$846
19 years$2,968$2,428$1,973$1,593$1,280$727
20 years$2,790$2,256$1,811$1,443$1,143$626
21 years$2,630$2,102$1,665$1,310$1,023$540
22 years$2,484$1,962$1,535$1,191$917$466
23 years$2,350$1,835$1,417$1,084$823$403
24 years$2,229$1,719$1,311$989$740$348
25 years$2,117$1,613$1,214$903$666$301
26 years$2,014$1,516$1,126$826$600$261
27 years$1,918$1,427$1,045$756$541$226
28 years$1,830$1,345$972$693$488$196
29 years$1,748$1,269$904$635$440$170
30 years$1,671$1,198$842$583$398$147
31 years$1,600$1,133$785$535$360$128
32 years$1,533$1,072$733$492$325$111
33 years$1,470$1,015$684$452$295$96
34 years$1,411$962$639$416$267$84
35 years$1,356$912$598$383$242$73
36 years$1,304$866$559$353$219$63
37 years$1,255$822$523$325$198$55
38 years$1,208$782$490$300$180$48
39 years$1,164$743$459$276$163$41
40 years$1,122$707$430$255$148$36
41 years$1,083$673$404$235$134$31
42 years$1,045$641$379$217$122$27
43 years$1,009$611$355$200$111$24
44 years$975$582$333$185$100$21
45 years$943$555$313$171$91$18
46 years$912$530$294$158$83$16
47 years$883$505$276$146$75$14
48 years$854$482$260$135$68$12
49 years$827$461$244$125$62$10
50 years$802$440$229$115$56$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $821,000, adding $3,859 every year, while hoping to spend $58,051 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: 32/43/25 Blend
29$821,000$821,000$821,000$821,000
30$908,723$865,210$852,484$930,735
31$939,646$845,839$819,276$928,405
32$971,779$823,574$783,011$920,443
33$1,005,182$798,210$743,523$910,704
34$1,039,922$769,534$700,643$899,069
35$1,076,070$737,318$654,191$885,415
36$1,113,703$701,320$603,980$869,612
37$1,152,902$661,286$549,814$851,523
38$1,193,757$616,947$491,491$831,006
39$1,236,360$568,018$428,797$807,911
40$1,280,816$514,198$361,509$782,081
41$1,327,235$455,169$289,394$753,351
42$1,375,735$390,594$212,211$721,548
43$1,426,445$320,119$129,706$686,494
44$1,479,505$243,367$41,613$647,999
45$1,535,065$159,943$0$605,867
46$1,593,289$69,427$0$573,868
47$1,654,354$0$0$550,567
48$1,718,451$0$0$538,251
49$1,785,790$0$0$559,863
50$1,856,598$0$0$582,631
51$1,931,120$0$0$606,641
52$2,009,626$0$0$631,983
53$2,092,408$0$0$658,759
54$2,179,784$0$0$687,080
55$2,272,102$0$0$717,064
56$2,369,741$0$0$748,844
57$2,473,114$0$0$782,563
58$2,582,674$0$0$818,377
59$2,698,914$0$0$856,458
60$2,822,374$0$0$896,994
61$2,953,644$0$0$940,189
62$3,093,371$0$0$986,268
63$3,242,260$0$0$1,035,479
64$3,401,088$0$0$1,088,090
65$3,570,702$0$0$1,144,397
66$3,752,031$0$0$1,204,726
67$3,946,095$0$0$1,269,431
68$4,154,012$0$0$1,338,904
69$4,377,007$0$0$1,413,573
70$4,616,424$0$0$1,493,908
71$4,873,741$0$0$1,580,426
72$5,150,576$0$0$1,673,695
73$5,448,710$0$0$1,774,337
74$5,770,096$0$0$1,883,037
75$6,116,880$0$0$2,000,547
76$6,491,421$0$0$2,127,695
77$6,896,309$0$0$2,265,390
78$7,334,393$0$0$2,414,630
79$7,808,803$0$0$2,576,515
80$8,322,982$0$0$2,752,254
81$8,880,714$0$0$2,943,176
82$9,486,161$0$0$3,150,742
83$10,143,902$0$0$3,376,563
84$10,858,972$0$0$3,622,407
85$11,636,912$0$0$3,890,222
86$12,483,816$0$0$4,182,152
87$13,406,393$0$0$4,500,555
88$14,412,024$0$0$4,848,027
89$15,508,831$0$0$5,227,427
90$16,705,757$0$0$5,641,900
91$18,012,642$0$0$6,094,910
92$19,440,321$0$0$6,590,269
93$21,000,720$0$0$7,132,176
94$22,706,971$0$0$7,725,252
95$24,573,531$0$0$8,374,589
96$26,616,319$0$0$9,085,790
97$28,852,865$0$0$9,865,030
98$31,302,471$0$0$10,719,105
99$33,986,395$0$0$11,655,503
100$36,928,049$0$0$12,682,470