Can I retire at age 30 with 836,000?

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 $836,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$69,036$68,421$67,821$67,236$66,664$65,776
2 years$34,176$33,540$32,923$32,325$31,745$30,852
3 years$22,558$21,919$21,303$20,711$20,140$19,270
4 years$16,750$16,113$15,503$14,921$14,364$13,523
5 years$13,266$12,632$12,031$11,461$10,919$10,110
6 years$10,944$10,315$9,723$9,165$8,640$7,863
7 years$9,286$8,663$8,080$7,535$7,027$6,283
8 years$8,043$7,426$6,852$6,321$5,829$5,118
9 years$7,077$6,465$5,902$5,384$4,909$4,231
10 years$6,305$5,699$5,145$4,641$4,183$3,536
11 years$5,673$5,073$4,530$4,039$3,597$2,982
12 years$5,147$4,554$4,020$3,543$3,117$2,533
13 years$4,703$4,115$3,592$3,128$2,718$2,164
14 years$4,322$3,741$3,227$2,777$2,383$1,858
15 years$3,992$3,417$2,914$2,476$2,098$1,601
16 years$3,704$3,135$2,642$2,217$1,854$1,385
17 years$3,450$2,887$2,404$1,992$1,644$1,201
18 years$3,224$2,668$2,194$1,795$1,462$1,044
19 years$3,023$2,473$2,009$1,622$1,303$910
20 years$2,841$2,298$1,844$1,469$1,164$794
21 years$2,678$2,140$1,696$1,333$1,042$694
22 years$2,529$1,998$1,563$1,212$934$607
23 years$2,393$1,869$1,443$1,104$838$532
24 years$2,269$1,751$1,335$1,007$753$467
25 years$2,155$1,643$1,236$920$678$410
26 years$2,050$1,544$1,146$841$611$360
27 years$1,953$1,453$1,065$770$550$316
28 years$1,863$1,369$990$705$497$278
29 years$1,780$1,292$921$647$449$245
30 years$1,702$1,220$858$594$405$216
31 years$1,629$1,153$800$545$366$190
32 years$1,561$1,091$746$501$331$167
33 years$1,497$1,033$697$461$300$148
34 years$1,437$979$651$424$272$130
35 years$1,381$929$609$390$246$115
36 years$1,328$882$569$359$223$101
37 years$1,278$837$533$331$202$89
38 years$1,230$796$499$305$183$79
39 years$1,185$757$468$281$166$70
40 years$1,143$720$438$260$151$61
41 years$1,103$685$411$239$137$54
42 years$1,064$653$385$221$124$48
43 years$1,028$622$362$204$113$42
44 years$993$593$340$188$102$37
45 years$960$565$319$174$93$33
46 years$929$539$299$161$84$29
47 years$899$515$281$148$76$26
48 years$870$491$264$137$69$23
49 years$843$469$248$127$63$20
50 years$816$448$234$117$57$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $836,000, adding $4,069 every year, while hoping to spend $59,867 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: 78/16/6 Blend
29$836,000$836,000$836,000$836,000
30$925,469$881,161$868,203$996,852
31$956,169$860,640$833,590$1,023,721
32$987,994$837,107$795,811$1,044,963
33$1,020,995$810,351$754,696$1,066,474
34$1,055,227$780,149$710,069$1,088,253
35$1,090,749$746,265$661,745$1,110,300
36$1,127,623$708,449$609,531$1,132,613
37$1,165,915$666,438$553,225$1,155,194
38$1,205,695$619,950$492,615$1,178,043
39$1,247,041$568,692$427,482$1,201,163
40$1,290,032$512,351$357,596$1,224,556
41$1,334,755$450,597$282,715$1,248,228
42$1,381,304$383,080$202,591$1,272,184
43$1,429,779$309,433$116,959$1,296,432
44$1,480,288$229,266$25,548$1,320,984
45$1,532,945$142,168$0$1,345,851
46$1,587,876$47,705$0$1,375,660
47$1,645,215$0$0$1,407,866
48$1,705,106$0$0$1,450,485
49$1,767,707$0$0$1,503,817
50$1,833,187$0$0$1,559,608
51$1,901,729$0$0$1,618,016
52$1,973,531$0$0$1,679,210
53$2,048,808$0$0$1,743,375
54$2,127,794$0$0$1,810,711
55$2,210,742$0$0$1,881,434
56$2,297,927$0$0$1,955,781
57$2,389,647$0$0$2,034,009
58$2,486,229$0$0$2,116,396
59$2,588,027$0$0$2,203,246
60$2,695,427$0$0$2,294,891
61$2,808,849$0$0$2,391,692
62$2,928,753$0$0$2,494,042
63$3,055,639$0$0$2,602,371
64$3,190,054$0$0$2,717,149
65$3,332,596$0$0$2,838,888
66$3,483,918$0$0$2,968,149
67$3,644,733$0$0$3,105,545
68$3,815,824$0$0$3,251,747
69$3,998,044$0$0$3,407,489
70$4,192,331$0$0$3,573,574
71$4,399,709$0$0$3,750,884
72$4,621,302$0$0$3,940,382
73$4,858,342$0$0$4,143,127
74$5,112,178$0$0$4,360,278
75$5,384,292$0$0$4,593,106
76$5,676,307$0$0$4,843,008
77$5,990,007$0$0$5,111,514
78$6,327,347$0$0$5,400,305
79$6,690,477$0$0$5,711,226
80$7,081,755$0$0$6,046,304
81$7,503,771$0$0$6,407,764
82$7,959,373$0$0$6,798,053
83$8,451,689$0$0$7,219,857
84$8,984,155$0$0$7,676,130
85$9,560,550$0$0$8,170,119
86$10,185,028$0$0$8,705,391
87$10,862,155$0$0$9,285,871
88$11,596,955$0$0$9,915,875
89$12,394,950$0$0$10,600,149
90$13,262,217$0$0$11,343,914
91$14,205,438$0$0$12,152,913
92$15,231,968$0$0$13,033,465
93$16,349,898$0$0$13,992,524
94$17,568,131$0$0$15,037,741
95$18,896,467$0$0$16,177,537
96$20,345,688$0$0$17,421,179
97$21,927,666$0$0$18,778,868
98$23,655,468$0$0$20,261,835
99$25,543,477$0$0$21,882,441
100$27,607,531$0$0$23,654,298