Can I retire at age 30 with 828,000?

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 $828,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$68,375$67,766$67,172$66,592$66,026$64,041
2 years$33,849$33,219$32,608$32,015$31,441$29,458
3 years$22,342$21,709$21,099$20,513$19,947$18,028
4 years$16,590$15,958$15,355$14,778$14,227$12,386
5 years$13,139$12,512$11,916$11,351$10,815$9,058
6 years$10,839$10,217$9,630$9,078$8,557$6,886
7 years$9,197$8,580$8,003$7,463$6,959$5,373
8 years$7,966$7,355$6,787$6,261$5,774$4,272
9 years$7,010$6,403$5,845$5,333$4,862$3,443
10 years$6,244$5,644$5,096$4,597$4,143$2,804
11 years$5,619$5,025$4,487$4,001$3,563$2,303
12 years$5,098$4,510$3,982$3,509$3,088$1,903
13 years$4,658$4,076$3,557$3,098$2,692$1,581
14 years$4,280$3,705$3,196$2,750$2,360$1,319
15 years$3,954$3,384$2,886$2,453$2,078$1,104
16 years$3,668$3,105$2,617$2,196$1,837$927
17 years$3,417$2,860$2,381$1,973$1,628$780
18 years$3,193$2,642$2,173$1,778$1,448$657
19 years$2,994$2,449$1,990$1,607$1,291$555
20 years$2,814$2,276$1,826$1,455$1,153$469
21 years$2,652$2,120$1,680$1,321$1,032$397
22 years$2,505$1,979$1,548$1,201$925$337
23 years$2,370$1,851$1,429$1,094$830$286
24 years$2,248$1,734$1,322$997$746$242
25 years$2,135$1,627$1,224$911$671$206
26 years$2,031$1,529$1,136$833$605$175
27 years$1,935$1,439$1,054$762$545$148
28 years$1,845$1,356$980$698$492$126
29 years$1,763$1,279$912$641$444$107
30 years$1,685$1,208$850$588$401$91
31 years$1,613$1,142$792$540$363$78
32 years$1,546$1,081$739$496$328$66
33 years$1,483$1,024$690$456$297$56
34 years$1,423$970$645$420$269$48
35 years$1,368$920$603$386$244$41
36 years$1,315$873$564$356$221$35
37 years$1,265$829$528$328$200$30
38 years$1,218$788$494$302$181$25
39 years$1,174$750$463$279$164$21
40 years$1,132$713$434$257$149$18
41 years$1,092$679$407$237$135$16
42 years$1,054$647$382$219$123$13
43 years$1,018$616$358$202$111$11
44 years$984$587$336$187$101$10
45 years$951$560$316$172$92$8
46 years$920$534$297$159$83$7
47 years$890$510$279$147$76$6
48 years$862$487$262$136$69$5
49 years$834$465$246$126$62$4
50 years$808$444$231$116$57$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $828,000, adding $3,063 every year, while hoping to spend $25,304 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: 88/7/5 Blend
29$828,000$828,000$828,000$828,000
30$915,615$871,731$858,897$996,022
31$982,085$887,523$860,747$1,064,591
32$1,054,486$903,240$861,811$1,136,092
33$1,133,398$918,853$862,036$1,213,858
34$1,219,456$934,328$861,365$1,298,501
35$1,313,361$949,631$859,742$1,390,695
36$1,415,885$964,724$857,104$1,491,181
37$1,527,875$979,565$853,387$1,600,777
38$1,650,267$994,113$848,524$1,720,382
39$1,784,089$1,008,319$842,445$1,850,986
40$1,930,475$1,022,135$835,075$1,993,681
41$2,090,670$1,035,507$826,337$2,149,669
42$2,266,049$1,048,377$816,150$2,320,273
43$2,458,124$1,060,685$804,428$2,506,951
44$2,668,559$1,072,366$791,084$2,711,308
45$2,899,190$1,083,350$776,023$2,935,113
46$3,152,037$1,093,563$759,149$3,180,315
47$3,429,323$1,102,926$740,358$3,449,061
48$3,733,499$1,111,355$719,546$3,743,714
49$4,067,264$1,118,759$696,599$4,066,881
50$4,433,591$1,125,045$671,401$4,421,430
51$4,835,755$1,130,110$643,831$4,810,525
52$5,277,363$1,133,846$613,760$5,237,648
53$5,762,388$1,136,138$581,055$5,706,639
54$6,295,207$1,136,865$545,576$6,221,725
55$6,880,644$1,135,896$507,178$6,787,567
56$7,524,010$1,133,095$465,708$7,409,298
57$8,231,157$1,128,316$421,008$8,092,575
58$9,008,534$1,121,402$372,911$8,843,632
59$9,863,244$1,112,191$321,243$9,669,335
60$10,803,114$1,100,507$265,824$10,577,253
61$11,836,766$1,086,165$206,463$11,575,724
62$12,973,699$1,068,971$142,963$12,673,937
63$14,224,382$1,048,716$75,118$13,882,016
64$15,600,347$1,025,181$2,712$15,211,119
65$17,114,299$998,132$0$16,673,538
66$18,780,241$967,323$0$18,286,800
67$20,613,597$932,494$0$20,062,267
68$22,631,366$893,368$0$22,016,257
69$24,852,276$849,653$0$24,166,911
70$27,296,962$801,040$0$26,534,220
71$29,988,163$747,203$0$29,140,209
72$32,950,935$687,795$0$32,009,150
73$36,212,884$622,451$0$35,167,791
74$39,804,433$550,785$0$38,645,604
75$43,759,101$472,390$0$42,475,065
76$48,113,826$386,834$0$46,691,964
77$52,909,309$293,661$0$51,335,738
78$58,190,399$192,391$0$56,449,844
79$64,006,517$82,515$0$62,082,172
80$70,412,121$0$0$68,285,493
81$77,467,220$0$0$75,120,772
82$85,237,940$0$0$82,656,385
83$93,797,150$0$0$90,956,640
84$103,225,145$0$0$100,099,403
85$113,610,406$0$0$110,170,482
86$125,050,438$0$0$121,264,430
87$137,652,683$0$0$133,485,443
88$151,535,542$0$0$146,948,338
89$166,829,484$0$0$161,779,641
90$183,678,283$0$0$178,118,777
91$202,240,374$0$0$196,119,391
92$222,690,346$0$0$215,950,791
93$245,220,591$0$0$237,799,551
94$270,043,119$0$0$261,871,271
95$297,391,562$0$0$288,392,515
96$327,523,372$0$0$317,612,953
97$360,722,261$0$0$349,807,715
98$397,300,868$0$0$385,279,986
99$437,603,719$0$0$424,363,874
100$482,010,472$0$0$467,427,556