Can I retire at age 30 with 790,000?

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 $790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$65,237$64,656$64,089$63,536$62,996$62,572
2 years$32,296$31,694$31,111$30,546$29,998$29,571
3 years$21,317$20,713$20,131$19,571$19,032$18,615
4 years$15,828$15,226$14,650$14,100$13,574$13,169
5 years$12,536$11,937$11,369$10,830$10,319$9,928
6 years$10,342$9,748$9,188$8,661$8,165$7,789
7 years$8,775$8,186$7,635$7,121$6,640$6,279
8 years$7,601$7,017$6,475$5,973$5,509$5,162
9 years$6,688$6,110$5,577$5,088$4,639$4,307
10 years$5,958$5,385$4,862$4,386$3,953$3,635
11 years$5,361$4,794$4,281$3,817$3,399$3,096
12 years$4,864$4,303$3,799$3,348$2,946$2,657
13 years$4,444$3,889$3,394$2,956$2,569$2,293
14 years$4,084$3,535$3,050$2,624$2,252$1,990
15 years$3,772$3,229$2,753$2,340$1,983$1,733
16 years$3,500$2,963$2,496$2,095$1,752$1,516
17 years$3,260$2,728$2,272$1,883$1,554$1,329
18 years$3,047$2,521$2,074$1,697$1,382$1,169
19 years$2,856$2,337$1,898$1,533$1,231$1,030
20 years$2,685$2,171$1,742$1,388$1,100$910
21 years$2,530$2,022$1,603$1,260$984$805
22 years$2,390$1,888$1,477$1,146$882$713
23 years$2,262$1,766$1,364$1,043$792$632
24 years$2,144$1,654$1,261$952$712$561
25 years$2,037$1,553$1,168$869$641$499
26 years$1,938$1,459$1,083$795$577$444
27 years$1,846$1,373$1,006$727$520$395
28 years$1,761$1,294$935$666$469$352
29 years$1,682$1,221$870$611$424$314
30 years$1,608$1,153$811$561$383$280
31 years$1,539$1,090$756$515$346$250
32 years$1,475$1,031$705$473$313$223
33 years$1,415$977$658$435$283$199
34 years$1,358$926$615$401$257$178
35 years$1,305$878$575$369$232$159
36 years$1,255$833$538$340$211$142
37 years$1,207$791$504$313$191$127
38 years$1,163$752$472$288$173$114
39 years$1,120$715$442$266$157$102
40 years$1,080$680$414$245$142$91
41 years$1,042$648$388$226$129$82
42 years$1,006$617$364$209$117$73
43 years$971$588$342$193$106$65
44 years$939$560$321$178$97$58
45 years$907$534$301$164$88$52
46 years$878$510$283$152$80$47
47 years$849$486$266$140$72$42
48 years$822$464$250$130$66$38
49 years$796$443$235$120$60$34
50 years$771$424$221$111$54$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $790,000, adding $5,516 every year, while hoping to spend $55,468 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: 68/12/20 Blend
29$790,000$790,000$790,000$790,000
30$876,270$834,400$822,155$931,149
31$906,632$816,268$790,679$950,415
32$938,232$795,388$756,291$964,510
33$971,137$771,568$718,832$978,584
34$1,005,421$744,603$678,141$992,632
35$1,041,161$714,276$634,046$1,006,650
36$1,078,443$680,358$586,369$1,020,635
37$1,117,356$642,608$534,925$1,034,587
38$1,157,999$600,768$479,517$1,048,507
39$1,200,477$554,569$419,944$1,062,399
40$1,244,906$503,723$355,993$1,076,268
41$1,291,410$447,928$287,441$1,090,124
42$1,340,121$386,864$214,058$1,103,980
43$1,391,186$320,194$135,602$1,117,851
44$1,444,763$247,559$51,820$1,131,759
45$1,501,022$168,582$0$1,145,731
46$1,560,150$82,866$0$1,167,820
47$1,622,348$0$0$1,202,369
48$1,687,837$0$0$1,239,736
49$1,756,857$0$0$1,290,667
50$1,829,667$0$0$1,344,414
51$1,906,553$0$0$1,401,189
52$1,987,824$0$0$1,461,224
53$2,073,820$0$0$1,524,772
54$2,164,909$0$0$1,592,109
55$2,261,495$0$0$1,663,536
56$2,364,019$0$0$1,739,383
57$2,472,965$0$0$1,820,010
58$2,588,859$0$0$1,905,813
59$2,712,279$0$0$1,997,222
60$2,843,858$0$0$2,094,712
61$2,984,287$0$0$2,198,799
62$3,134,328$0$0$2,310,052
63$3,294,809$0$0$2,429,092
64$3,466,645$0$0$2,556,601
65$3,650,834$0$0$2,693,329
66$3,848,475$0$0$2,840,095
67$4,060,770$0$0$2,997,801
68$4,289,041$0$0$3,167,435
69$4,534,740$0$0$3,350,084
70$4,799,458$0$0$3,546,939
71$5,084,947$0$0$3,759,311
72$5,393,127$0$0$3,988,638
73$5,726,112$0$0$4,236,501
74$6,086,222$0$0$4,504,639
75$6,476,008$0$0$4,794,962
76$6,898,276$0$0$5,109,568
77$7,356,109$0$0$5,450,769
78$7,852,899$0$0$5,821,103
79$8,392,375$0$0$6,223,363
80$8,978,640$0$0$6,660,622
81$9,616,207$0$0$7,136,259
82$10,310,040$0$0$7,653,993
83$11,065,603$0$0$8,217,916
84$11,888,908$0$0$8,832,530
85$12,786,570$0$0$9,502,791
86$13,765,871$0$0$10,234,153
87$14,834,826$0$0$11,032,619
88$16,002,256$0$0$11,904,799
89$17,277,873$0$0$12,857,966
90$18,672,371$0$0$13,900,131
91$20,197,520$0$0$15,040,112
92$21,866,282$0$0$16,287,620
93$23,692,929$0$0$17,653,347
94$25,693,177$0$0$19,149,065
95$27,884,333$0$0$20,787,742
96$30,285,456$0$0$22,583,656
97$32,917,537$0$0$24,552,534
98$35,803,693$0$0$26,711,696
99$38,969,387$0$0$29,080,218
100$42,442,664$0$0$31,679,114