Can I retire at age 30 with 837,000?

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 $837,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$69,119$68,503$67,902$67,316$66,744$65,077
2 years$34,217$33,580$32,962$32,363$31,783$30,114
3 years$22,585$21,945$21,329$20,736$20,164$18,546
4 years$16,770$16,132$15,522$14,939$14,381$12,826
5 years$13,282$12,648$12,046$11,474$10,932$9,444
6 years$10,957$10,328$9,735$9,176$8,650$7,231
7 years$9,297$8,673$8,090$7,544$7,035$5,684
8 years$8,053$7,434$6,861$6,329$5,836$4,553
9 years$7,086$6,473$5,909$5,391$4,915$3,699
10 years$6,312$5,706$5,152$4,647$4,188$3,037
11 years$5,680$5,079$4,535$4,044$3,602$2,515
12 years$5,153$4,559$4,025$3,547$3,121$2,096
13 years$4,708$4,120$3,596$3,132$2,722$1,757
14 years$4,327$3,745$3,231$2,780$2,386$1,479
15 years$3,997$3,421$2,917$2,479$2,101$1,249
16 years$3,708$3,139$2,645$2,220$1,857$1,059
17 years$3,454$2,891$2,407$1,995$1,646$899
18 years$3,228$2,671$2,197$1,797$1,464$765
19 years$3,026$2,476$2,011$1,624$1,305$653
20 years$2,845$2,300$1,846$1,471$1,165$557
21 years$2,681$2,143$1,698$1,335$1,043$477
22 years$2,532$2,000$1,565$1,214$935$408
23 years$2,396$1,871$1,445$1,105$839$349
24 years$2,272$1,753$1,336$1,008$754$300
25 years$2,158$1,645$1,238$921$679$257
26 years$2,053$1,546$1,148$842$611$221
27 years$1,956$1,455$1,066$771$551$189
28 years$1,865$1,371$991$706$497$163
29 years$1,782$1,293$922$647$449$140
30 years$1,704$1,221$859$594$406$120
31 years$1,631$1,155$801$546$367$103
32 years$1,563$1,093$747$502$332$89
33 years$1,499$1,035$698$461$300$77
34 years$1,439$981$652$424$272$66
35 years$1,383$930$609$391$246$57
36 years$1,329$883$570$360$223$49
37 years$1,279$838$534$331$202$42
38 years$1,232$797$500$306$183$36
39 years$1,187$758$468$282$166$31
40 years$1,144$721$439$260$151$27
41 years$1,104$686$411$240$137$23
42 years$1,066$654$386$221$124$20
43 years$1,029$623$362$204$113$17
44 years$994$594$340$189$102$15
45 years$961$566$319$174$93$13
46 years$930$540$300$161$84$11
47 years$900$515$282$149$77$9
48 years$871$492$265$137$70$8
49 years$844$470$249$127$63$7
50 years$817$449$234$117$57$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $837,000, adding $2,889 every year, while hoping to spend $51,878 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: 26/47/27 Blend
29$837,000$837,000$837,000$837,000
30$925,354$880,993$868,020$941,530
31$964,542$868,964$841,900$942,948
32$1,005,989$854,607$813,168$939,829
33$1,049,870$837,752$781,679$935,411
34$1,096,377$818,222$747,285$929,618
35$1,145,719$795,827$709,831$922,374
36$1,198,126$770,366$669,153$913,601
37$1,253,847$741,626$625,083$903,218
38$1,313,158$709,385$577,442$891,145
39$1,376,359$673,403$526,044$877,297
40$1,443,777$633,430$470,697$861,592
41$1,515,774$589,199$411,196$843,945
42$1,592,743$540,430$347,332$824,272
43$1,675,118$486,826$278,882$802,488
44$1,763,372$428,072$205,617$778,511
45$1,858,026$363,838$127,295$752,258
46$1,959,650$293,772$43,665$723,652
47$2,068,872$217,504$0$692,615
48$2,186,378$134,643$0$672,208
49$2,312,924$44,776$0$663,509
50$2,449,339$0$0$653,948
51$2,596,534$0$0$670,729
52$2,755,510$0$0$713,972
53$2,927,366$0$0$760,833
54$3,113,312$0$0$811,656
55$3,314,676$0$0$866,819
56$3,532,919$0$0$926,738
57$3,769,647$0$0$991,872
58$4,026,627$0$0$1,062,724
59$4,305,802$0$0$1,139,847
60$4,609,310$0$0$1,223,851
61$4,939,501$0$0$1,315,408
62$5,298,963$0$0$1,415,256
63$5,690,543$0$0$1,524,207
64$6,117,373$0$0$1,643,155
65$6,582,901$0$0$1,773,086
66$7,090,922$0$0$1,915,084
67$7,645,613$0$0$2,070,340
68$8,251,572$0$0$2,240,171
69$8,913,862$0$0$2,426,022
70$9,638,054$0$0$2,629,486
71$10,430,286$0$0$2,852,318
72$11,297,314$0$0$3,096,450
73$12,246,578$0$0$3,364,009
74$13,286,270$0$0$3,657,337
75$14,425,413$0$0$3,979,017
76$15,673,942$0$0$4,331,890
77$17,042,802$0$0$4,719,087
78$18,544,044$0$0$5,144,056
79$20,190,943$0$0$5,610,596
80$21,998,121$0$0$6,122,892
81$23,981,683$0$0$6,685,552
82$26,159,372$0$0$7,303,654
83$28,550,728$0$0$7,982,793
84$31,177,281$0$0$8,729,129
85$34,062,745$0$0$9,549,453
86$37,233,246$0$0$10,451,244
87$40,717,565$0$0$11,442,741
88$44,547,410$0$0$12,533,023
89$48,757,714$0$0$13,732,092
90$53,386,963$0$0$15,050,969
91$58,477,558$0$0$16,501,794
92$64,076,216$0$0$18,097,945
93$70,234,405$0$0$19,854,163
94$77,008,836$0$0$21,786,687
95$84,461,991$0$0$23,913,411
96$92,662,712$0$0$26,254,053
97$101,686,853$0$0$28,830,336
98$111,617,991$0$0$31,666,199
99$122,548,217$0$0$34,788,018
100$134,578,999$0$0$38,224,856