Can I retire at age 30 with 835,000?

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 $835,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$68,954$68,339$67,740$67,155$66,584$64,974
2 years$34,135$33,500$32,884$32,286$31,707$30,095
3 years$22,531$21,892$21,278$20,686$20,116$18,552
4 years$16,730$16,093$15,485$14,903$14,347$12,843
5 years$13,250$12,617$12,017$11,447$10,906$9,467
6 years$10,931$10,303$9,711$9,154$8,630$7,256
7 years$9,275$8,652$8,070$7,526$7,018$5,710
8 years$8,034$7,417$6,844$6,314$5,822$4,580
9 years$7,069$6,458$5,895$5,378$4,903$3,725
10 years$6,297$5,692$5,139$4,636$4,178$3,062
11 years$5,666$5,067$4,525$4,034$3,593$2,539
12 years$5,141$4,548$4,015$3,539$3,114$2,119
13 years$4,697$4,110$3,588$3,124$2,715$1,778
14 years$4,317$3,736$3,223$2,773$2,380$1,499
15 years$3,987$3,413$2,910$2,473$2,096$1,268
16 years$3,699$3,131$2,639$2,215$1,852$1,076
17 years$3,446$2,884$2,401$1,990$1,642$915
18 years$3,220$2,665$2,192$1,793$1,460$780
19 years$3,019$2,470$2,007$1,620$1,302$666
20 years$2,838$2,295$1,841$1,467$1,163$570
21 years$2,674$2,138$1,694$1,332$1,040$488
22 years$2,526$1,995$1,561$1,211$933$418
23 years$2,390$1,866$1,441$1,103$837$359
24 years$2,267$1,749$1,333$1,006$752$308
25 years$2,153$1,641$1,235$919$677$265
26 years$2,048$1,542$1,145$840$610$228
27 years$1,951$1,451$1,063$769$550$196
28 years$1,861$1,368$989$704$496$169
29 years$1,778$1,290$920$646$448$145
30 years$1,700$1,218$857$593$405$125
31 years$1,627$1,152$799$544$366$108
32 years$1,559$1,090$745$500$331$93
33 years$1,495$1,032$696$460$300$80
34 years$1,436$978$650$423$271$69
35 years$1,379$928$608$390$246$59
36 years$1,326$881$569$359$223$51
37 years$1,276$836$532$331$202$44
38 years$1,229$795$498$305$183$38
39 years$1,184$756$467$281$166$33
40 years$1,142$719$438$259$150$28
41 years$1,101$685$410$239$136$24
42 years$1,063$652$385$221$124$21
43 years$1,027$621$361$204$112$18
44 years$992$592$339$188$102$16
45 years$959$565$318$174$93$14
46 years$928$539$299$160$84$12
47 years$898$514$281$148$76$10
48 years$869$491$264$137$69$9
49 years$842$469$248$127$63$7
50 years$815$448$233$117$57$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $835,000, adding $2,064 every year, while hoping to spend $41,651 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: 41/37/22 Blend
29$835,000$835,000$835,000$835,000
30$922,299$878,044$865,102$954,063
31$972,057$876,752$849,766$975,683
32$1,025,495$874,000$832,521$994,932
33$1,082,943$869,674$813,258$1,014,927
34$1,144,766$863,651$791,865$1,035,757
35$1,211,362$855,800$768,223$1,057,527
36$1,283,171$845,984$742,208$1,080,354
37$1,360,674$834,057$713,692$1,104,368
38$1,444,402$819,864$682,539$1,129,719
39$1,534,935$803,242$648,608$1,156,574
40$1,632,913$784,016$611,751$1,185,121
41$1,739,039$762,002$571,815$1,215,570
42$1,854,087$737,006$528,636$1,248,160
43$1,978,907$708,822$482,048$1,283,156
44$2,114,432$677,231$431,874$1,320,856
45$2,261,692$642,003$377,929$1,361,594
46$2,421,818$602,894$320,023$1,405,741
47$2,596,053$559,646$257,954$1,453,715
48$2,785,767$511,986$191,512$1,505,981
49$2,992,468$459,625$120,480$1,563,058
50$3,217,812$402,259$44,628$1,625,526
51$3,463,625$339,566$0$1,694,029
52$3,731,915$271,205$0$1,777,812
53$4,024,893$196,816$0$1,880,885
54$4,344,993$116,021$0$1,993,711
55$4,694,894$28,418$0$2,117,346
56$5,077,547$0$0$2,252,958
57$5,496,199$0$0$2,428,881
58$5,954,427$0$0$2,634,204
59$6,456,169$0$0$2,859,133
60$7,005,762$0$0$3,105,627
61$7,607,982$0$0$3,375,841
62$8,268,089$0$0$3,672,150
63$8,991,876$0$0$3,997,170
64$9,785,723$0$0$4,353,782
65$10,656,658$0$0$4,745,158
66$11,612,421$0$0$5,174,794
67$12,661,539$0$0$5,646,541
68$13,813,403$0$0$6,164,639
69$15,078,359$0$0$6,733,760
70$16,467,805$0$0$7,359,053
71$17,994,295$0$0$8,046,187
72$19,671,660$0$0$8,801,408
73$21,515,138$0$0$9,631,599
74$23,541,515$0$0$10,544,341
75$25,769,285$0$0$11,547,989
76$28,218,823$0$0$12,651,744
77$30,912,579$0$0$13,865,747
78$33,875,283$0$0$15,201,169
79$37,134,187$0$0$16,670,319
80$40,719,313$0$0$18,286,760
81$44,663,741$0$0$20,065,434
82$49,003,919$0$0$22,022,805
83$53,780,006$0$0$24,177,015
84$59,036,251$0$0$26,548,053
85$64,821,410$0$0$29,157,944
86$71,189,204$0$0$32,030,956
87$78,198,827$0$0$35,193,831
88$85,915,504$0$0$38,676,034
89$94,411,105$0$0$42,510,033
90$103,764,822$0$0$46,731,606
91$114,063,917$0$0$51,380,173
92$125,404,545$0$0$56,499,176
93$137,892,659$0$0$62,136,481
94$151,645,012$0$0$68,344,835
95$166,790,255$0$0$75,182,359
96$183,470,153$0$0$82,713,100
97$201,840,919$0$0$91,007,635
98$222,074,694$0$0$100,143,733
99$244,361,162$0$0$110,207,092
100$268,909,348$0$0$121,292,148