Can I retire at age 30 with 827,000?

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 $827,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$68,293$67,685$67,091$66,512$65,946$63,733
2 years$33,808$33,179$32,568$31,977$31,403$29,195
3 years$22,315$21,683$21,074$20,488$19,923$17,790
4 years$16,569$15,939$15,336$14,760$14,209$12,167
5 years$13,123$12,496$11,902$11,337$10,802$8,856
6 years$10,826$10,204$9,618$9,067$8,547$6,699
7 years$9,186$8,570$7,993$7,454$6,951$5,201
8 years$7,957$7,346$6,779$6,253$5,767$4,113
9 years$7,001$6,396$5,838$5,326$4,856$3,297
10 years$6,237$5,638$5,090$4,591$4,138$2,670
11 years$5,612$5,019$4,481$3,996$3,559$2,180
12 years$5,092$4,505$3,977$3,505$3,084$1,791
13 years$4,652$4,071$3,553$3,094$2,689$1,479
14 years$4,275$3,700$3,193$2,747$2,357$1,226
15 years$3,949$3,380$2,882$2,450$2,076$1,020
16 years$3,664$3,101$2,613$2,193$1,834$850
17 years$3,413$2,856$2,378$1,971$1,627$711
18 years$3,189$2,639$2,171$1,776$1,446$595
19 years$2,990$2,446$1,987$1,605$1,289$499
20 years$2,811$2,273$1,824$1,453$1,151$419
21 years$2,649$2,117$1,678$1,319$1,030$352
22 years$2,502$1,976$1,546$1,199$924$297
23 years$2,368$1,848$1,428$1,092$829$250
24 years$2,245$1,732$1,320$996$745$210
25 years$2,132$1,625$1,223$910$671$177
26 years$2,028$1,527$1,134$832$604$150
27 years$1,932$1,438$1,053$761$545$126
28 years$1,843$1,355$979$698$491$106
29 years$1,760$1,278$911$640$444$90
30 years$1,683$1,207$849$587$401$76
31 years$1,611$1,141$791$539$362$64
32 years$1,544$1,079$738$496$328$54
33 years$1,481$1,022$689$456$297$46
34 years$1,422$969$644$419$269$39
35 years$1,366$919$602$386$243$33
36 years$1,313$872$563$355$220$28
37 years$1,264$828$527$328$200$23
38 years$1,217$787$494$302$181$20
39 years$1,173$749$463$278$164$17
40 years$1,131$712$434$257$149$14
41 years$1,091$678$406$237$135$12
42 years$1,053$646$381$219$123$10
43 years$1,017$615$358$202$111$8
44 years$983$586$336$186$101$7
45 years$950$559$315$172$92$6
46 years$919$533$296$159$83$5
47 years$889$509$278$147$76$4
48 years$861$486$261$136$69$4
49 years$833$464$246$125$62$3
50 years$807$443$231$116$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $827,000, adding $3,577 every year, while hoping to spend $36,905 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: 55/32/13 Blend
29$827,000$827,000$827,000$827,000
30$915,044$871,213$858,394$962,105
31$969,111$874,635$847,884$997,883
32$1,027,457$876,989$835,784$1,032,505
33$1,090,479$878,182$822,004$1,069,348
34$1,158,612$878,118$806,445$1,108,632
35$1,232,337$876,692$789,008$1,150,599
36$1,312,183$873,797$769,587$1,195,519
37$1,398,728$869,316$748,070$1,243,689
38$1,492,610$863,125$724,343$1,295,438
39$1,594,532$855,093$698,285$1,351,133
40$1,705,265$845,084$669,768$1,411,178
41$1,825,658$832,948$638,660$1,476,019
42$1,956,643$818,531$604,824$1,546,152
43$2,099,250$801,668$568,115$1,622,126
44$2,254,608$782,184$528,381$1,704,546
45$2,423,961$759,894$485,465$1,794,084
46$2,608,679$734,603$439,202$1,891,481
47$2,810,268$706,103$389,419$1,997,559
48$3,030,388$674,174$335,937$2,113,225
49$3,270,865$638,586$278,568$2,239,483
50$3,533,708$599,092$217,115$2,377,443
51$3,821,132$555,433$151,374$2,528,333
52$4,135,573$507,335$81,131$2,693,508
53$4,479,715$454,508$6,162$2,874,467
54$4,856,512$396,645$0$3,072,868
55$5,269,218$333,422$0$3,300,784
56$5,721,417$264,498$0$3,551,574
57$6,217,054$189,511$0$3,826,651
58$6,760,475$108,079$0$4,128,523
59$7,356,468$19,799$0$4,459,954
60$8,010,305$0$0$4,823,997
61$8,727,793$0$0$5,250,697
62$9,515,328$0$0$5,726,787
63$10,379,956$0$0$6,249,564
64$11,329,440$0$0$6,823,731
65$12,372,329$0$0$7,454,470
66$13,518,042$0$0$8,147,489
67$14,776,955$0$0$8,909,073
68$16,160,500$0$0$9,746,152
69$17,681,270$0$0$10,666,356
70$19,353,139$0$0$11,678,092
71$21,191,393$0$0$12,790,625
72$23,212,871$0$0$14,014,158
73$25,436,130$0$0$15,359,938
74$27,881,610$0$0$16,840,351
75$30,571,836$0$0$18,469,048
76$33,531,623$0$0$20,261,068
77$36,788,314$0$0$22,232,981
78$40,372,037$0$0$24,403,046
79$44,315,985$0$0$26,791,381
80$48,656,736$0$0$29,420,151
81$53,434,589$0$0$32,313,781
82$58,693,952$0$0$35,499,183
83$64,483,755$0$0$39,006,013
84$70,857,912$0$0$42,866,946
85$77,875,833$0$0$47,117,987
86$85,602,980$0$0$51,798,810
87$94,111,486$0$0$56,953,133
88$103,480,836$0$0$62,629,129
89$113,798,613$0$0$68,879,879
90$125,161,329$0$0$75,763,878
91$137,675,334$0$0$83,345,579
92$151,457,814$0$0$91,696,008
93$166,637,905$0$0$100,893,430
94$183,357,904$0$0$111,024,089
95$201,774,615$0$0$122,183,020
96$222,060,828$0$0$134,474,947
97$244,406,949$0$0$148,015,273
98$269,022,796$0$0$162,931,165
99$296,139,579$0$0$179,362,755
100$326,012,081$0$0$197,464,465