Can I retire at age 30 with 792,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $792,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$65,403$64,820$64,252$63,697$63,155$62,160
2 years$32,378$31,775$31,190$30,624$30,074$29,074
3 years$21,371$20,765$20,182$19,621$19,080$18,106
4 years$15,868$15,264$14,687$14,136$13,608$12,668
5 years$12,568$11,968$11,398$10,858$10,345$9,441
6 years$10,368$9,772$9,211$8,683$8,185$7,319
7 years$8,797$8,207$7,655$7,139$6,657$5,829
8 years$7,620$7,035$6,492$5,988$5,523$4,732
9 years$6,705$6,125$5,591$5,101$4,651$3,897
10 years$5,973$5,399$4,875$4,397$3,963$3,246
11 years$5,375$4,806$4,292$3,827$3,408$2,727
12 years$4,876$4,314$3,809$3,357$2,953$2,308
13 years$4,455$3,899$3,403$2,963$2,575$1,964
14 years$4,094$3,544$3,057$2,630$2,258$1,679
15 years$3,782$3,237$2,760$2,346$1,988$1,441
16 years$3,509$2,970$2,503$2,101$1,757$1,241
17 years$3,268$2,735$2,277$1,887$1,558$1,072
18 years$3,054$2,528$2,079$1,701$1,385$928
19 years$2,863$2,343$1,903$1,537$1,234$805
20 years$2,692$2,177$1,747$1,392$1,103$699
21 years$2,537$2,028$1,607$1,263$987$608
22 years$2,396$1,893$1,481$1,149$884$530
23 years$2,267$1,770$1,367$1,046$794$462
24 years$2,150$1,659$1,264$954$714$404
25 years$2,042$1,556$1,171$871$642$353
26 years$1,942$1,463$1,086$797$578$308
27 years$1,850$1,377$1,009$729$522$270
28 years$1,765$1,297$938$668$471$236
29 years$1,686$1,224$873$613$425$207
30 years$1,612$1,156$813$562$384$181
31 years$1,543$1,093$758$516$347$159
32 years$1,479$1,034$707$475$314$139
33 years$1,418$979$660$436$284$122
34 years$1,362$928$617$402$257$107
35 years$1,308$880$577$370$233$94
36 years$1,258$835$539$340$211$82
37 years$1,210$793$505$314$191$72
38 years$1,166$754$473$289$173$64
39 years$1,123$717$443$267$157$56
40 years$1,083$682$415$246$143$49
41 years$1,045$649$389$227$129$43
42 years$1,008$618$365$209$117$38
43 years$974$589$343$193$107$33
44 years$941$562$322$178$97$29
45 years$910$536$302$165$88$26
46 years$880$511$284$152$80$22
47 years$851$488$266$141$72$20
48 years$824$465$250$130$66$17
49 years$798$444$235$120$60$15
50 years$773$425$221$111$54$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $792,000, adding $2,000 every year, while hoping to spend $45,139 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: 74/13/13 Blend
29$792,000$792,000$792,000$792,000
30$874,847$832,871$820,595$937,072
31$916,054$825,654$800,057$971,250
32$959,951$816,571$777,319$1,002,884
33$1,006,765$805,482$752,258$1,036,315
34$1,056,744$792,240$724,748$1,071,709
35$1,110,161$776,689$694,656$1,109,249
36$1,167,314$758,663$661,844$1,149,137
37$1,228,530$737,987$626,165$1,191,596
38$1,294,167$714,475$587,469$1,236,874
39$1,364,620$687,932$545,597$1,285,243
40$1,440,320$658,150$500,383$1,337,006
41$1,521,742$624,908$451,655$1,392,496
42$1,609,405$587,975$399,231$1,452,082
43$1,703,882$547,103$342,923$1,516,171
44$1,805,801$502,034$282,534$1,585,213
45$1,915,852$452,493$217,858$1,659,707
46$2,034,792$398,188$148,679$1,740,201
47$2,163,455$338,814$74,774$1,827,305
48$2,302,757$274,045$0$1,921,689
49$2,453,704$203,539$0$2,024,662
50$2,617,404$126,935$0$2,147,582
51$2,795,075$43,850$0$2,281,007
52$2,988,055$0$0$2,425,974
53$3,197,816$0$0$2,590,222
54$3,425,981$0$0$2,775,734
55$3,674,331$0$0$2,977,688
56$3,944,828$0$0$3,197,685
57$4,239,630$0$0$3,437,485
58$4,561,114$0$0$3,699,023
59$4,911,895$0$0$3,984,433
60$5,294,849$0$0$4,296,059
61$5,713,146$0$0$4,636,486
62$6,170,273$0$0$5,008,556
63$6,670,071$0$0$5,415,401
64$7,216,766$0$0$5,860,467
65$7,815,014$0$0$6,347,550
66$8,469,941$0$0$6,880,828
67$9,187,191$0$0$7,464,905
68$9,972,980$0$0$8,104,847
69$10,834,154$0$0$8,806,237
70$11,778,250$0$0$9,575,222
71$12,813,574$0$0$10,418,572
72$13,949,270$0$0$11,343,744
73$15,195,411$0$0$12,358,952
74$16,563,093$0$0$13,473,242
75$18,064,538$0$0$14,696,581
76$19,713,208$0$0$16,039,946
77$21,523,934$0$0$17,515,430
78$23,513,054$0$0$19,136,355
79$25,698,565$0$0$20,917,396
80$28,100,294$0$0$22,874,721
81$30,740,085$0$0$25,026,142
82$33,642,001$0$0$27,391,281
83$36,832,556$0$0$29,991,756
84$40,340,957$0$0$32,851,387
85$44,199,388$0$0$35,996,415
86$48,443,303$0$0$39,455,753
87$53,111,768$0$0$43,261,257
88$58,247,825$0$0$47,448,023
89$63,898,898$0$0$52,054,724
90$70,117,238$0$0$57,123,970
91$76,960,420$0$0$62,702,708
92$84,491,880$0$0$68,842,668
93$92,781,515$0$0$75,600,849
94$101,906,345$0$0$83,040,055
95$111,951,233$0$0$91,229,491
96$123,009,688$0$0$100,245,408
97$135,184,747$0$0$110,171,829
98$148,589,947$0$0$121,101,340
99$163,350,392$0$0$133,135,958
100$179,603,937$0$0$146,388,099