Can I retire at age 30 with 826,000?

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 $826,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$68,210$67,603$67,010$66,431$65,866$65,124
2 years$33,767$33,139$32,529$31,938$31,365$30,618
3 years$22,288$21,656$21,048$20,463$19,899$19,170
4 years$16,549$15,920$15,318$14,743$14,192$13,487
5 years$13,107$12,481$11,887$11,324$10,789$10,110
6 years$10,813$10,192$9,607$9,056$8,537$7,884
7 years$9,175$8,559$7,983$7,445$6,943$6,317
8 years$7,947$7,337$6,770$6,246$5,760$5,161
9 years$6,993$6,388$5,831$5,320$4,850$4,279
10 years$6,229$5,631$5,084$4,586$4,133$3,587
11 years$5,605$5,013$4,476$3,991$3,554$3,035
12 years$5,086$4,499$3,972$3,501$3,080$2,586
13 years$4,646$4,066$3,549$3,091$2,686$2,216
14 years$4,270$3,696$3,189$2,743$2,354$1,909
15 years$3,944$3,376$2,879$2,447$2,073$1,651
16 years$3,659$3,098$2,610$2,191$1,832$1,433
17 years$3,408$2,853$2,375$1,968$1,625$1,247
18 years$3,186$2,636$2,168$1,774$1,444$1,088
19 years$2,986$2,443$1,985$1,603$1,287$951
20 years$2,807$2,270$1,822$1,452$1,150$833
21 years$2,646$2,115$1,676$1,317$1,029$731
22 years$2,499$1,974$1,544$1,198$922$642
23 years$2,365$1,846$1,426$1,091$828$565
24 years$2,242$1,730$1,319$995$744$497
25 years$2,130$1,623$1,221$909$670$438
26 years$2,026$1,526$1,133$831$603$387
27 years$1,930$1,436$1,052$761$544$341
28 years$1,841$1,353$978$697$491$301
29 years$1,758$1,276$910$639$443$266
30 years$1,681$1,205$848$586$400$236
31 years$1,610$1,139$790$539$362$208
32 years$1,542$1,078$737$495$327$184
33 years$1,479$1,021$688$455$296$163
34 years$1,420$968$643$419$268$144
35 years$1,364$918$601$386$243$128
36 years$1,312$871$563$355$220$113
37 years$1,262$827$527$327$200$100
38 years$1,216$786$493$302$181$89
39 years$1,171$748$462$278$164$79
40 years$1,129$711$433$256$149$70
41 years$1,089$677$406$237$135$62
42 years$1,052$645$381$218$123$55
43 years$1,016$615$357$202$111$49
44 years$981$586$335$186$101$43
45 years$949$559$315$172$92$38
46 years$918$533$296$159$83$34
47 years$888$508$278$147$76$30
48 years$860$485$261$136$69$27
49 years$832$464$245$125$62$24
50 years$806$443$231$116$57$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $826,000, adding $6,208 every year, while hoping to spend $59,729 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: 52/43/5 Blend
29$826,000$826,000$826,000$826,000
30$916,656$872,878$860,075$962,968
31$946,603$852,097$825,336$974,263
32$977,604$828,297$787,432$979,484
33$1,009,701$801,266$746,193$983,710
34$1,042,943$770,780$701,442$986,856
35$1,077,378$736,603$652,995$988,836
36$1,113,059$698,485$600,659$989,556
37$1,150,042$656,162$544,233$988,920
38$1,188,387$609,354$483,504$986,823
39$1,228,155$557,765$418,254$983,158
40$1,269,413$501,082$348,253$977,811
41$1,312,234$438,976$273,260$970,659
42$1,356,693$371,096$193,024$961,578
43$1,402,870$297,075$107,286$950,434
44$1,450,854$216,522$15,770$937,087
45$1,500,735$129,026$0$921,389
46$1,552,614$34,153$0$907,555
47$1,606,598$0$0$892,237
48$1,662,799$0$0$906,879
49$1,721,342$0$0$938,978
50$1,782,357$0$0$972,449
51$1,845,987$0$0$1,007,370
52$1,912,385$0$0$1,043,830
53$1,981,716$0$0$1,081,920
54$2,054,158$0$0$1,121,741
55$2,129,904$0$0$1,163,402
56$2,209,162$0$0$1,207,021
57$2,292,158$0$0$1,252,725
58$2,379,135$0$0$1,300,652
59$2,470,359$0$0$1,350,953
60$2,566,118$0$0$1,403,789
61$2,666,723$0$0$1,459,339
62$2,772,514$0$0$1,517,794
63$2,883,859$0$0$1,579,364
64$3,001,162$0$0$1,644,277
65$3,124,858$0$0$1,712,782
66$3,255,425$0$0$1,785,148
67$3,393,382$0$0$1,861,673
68$3,539,298$0$0$1,942,678
69$3,693,790$0$0$2,028,515
70$3,857,534$0$0$2,119,570
71$4,031,271$0$0$2,216,263
72$4,215,807$0$0$2,319,054
73$4,412,027$0$0$2,428,448
74$4,620,896$0$0$2,544,994
75$4,843,474$0$0$2,669,296
76$5,080,918$0$0$2,802,016
77$5,334,500$0$0$2,943,877
78$5,605,609$0$0$3,095,674
79$5,895,772$0$0$3,258,277
80$6,206,661$0$0$3,432,642
81$6,540,110$0$0$3,619,815
82$6,898,133$0$0$3,820,946
83$7,282,939$0$0$4,037,299
84$7,696,952$0$0$4,270,257
85$8,142,836$0$0$4,521,344
86$8,623,516$0$0$4,792,230
87$9,142,203$0$0$5,084,753
88$9,702,427$0$0$5,400,930
89$10,308,068$0$0$5,742,980
90$10,963,387$0$0$6,113,339
91$11,673,072$0$0$6,514,690
92$12,442,275$0$0$6,949,979
93$13,276,661$0$0$7,422,447
94$14,182,460$0$0$7,935,659
95$15,166,525$0$0$8,493,537
96$16,236,395$0$0$9,100,394
97$17,400,362$0$0$9,760,977
98$18,667,551$0$0$10,480,508
99$20,048,003$0$0$11,264,735
100$21,552,766$0$0$12,119,982