Can I retire at age 30 with 796,000?

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 $796,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$65,733$65,147$64,576$64,019$63,474$61,690
2 years$32,541$31,935$31,348$30,778$30,226$28,442
3 years$21,479$20,870$20,284$19,720$19,176$17,448
4 years$15,948$15,342$14,762$14,207$13,677$12,018
5 years$12,631$12,028$11,456$10,912$10,397$8,812
6 years$10,420$9,822$9,258$8,727$8,227$6,717
7 years$8,842$8,248$7,693$7,175$6,691$5,257
8 years$7,659$7,070$6,525$6,019$5,550$4,191
9 years$6,739$6,156$5,620$5,127$4,674$3,388
10 years$6,003$5,426$4,899$4,419$3,983$2,768
11 years$5,402$4,831$4,313$3,846$3,425$2,281
12 years$4,901$4,336$3,828$3,373$2,968$1,891
13 years$4,478$3,918$3,420$2,978$2,588$1,576
14 years$4,115$3,562$3,073$2,644$2,269$1,320
15 years$3,801$3,254$2,774$2,358$1,998$1,109
16 years$3,527$2,985$2,515$2,111$1,766$934
17 years$3,285$2,749$2,289$1,897$1,566$789
18 years$3,070$2,540$2,089$1,709$1,392$667
19 years$2,878$2,354$1,913$1,545$1,241$566
20 years$2,705$2,188$1,755$1,399$1,108$480
21 years$2,549$2,038$1,615$1,270$992$408
22 years$2,408$1,902$1,488$1,154$889$347
23 years$2,279$1,779$1,374$1,051$798$295
24 years$2,161$1,667$1,271$959$717$252
25 years$2,052$1,564$1,177$876$645$215
26 years$1,952$1,470$1,092$801$581$183
27 years$1,860$1,384$1,014$733$524$156
28 years$1,774$1,304$942$671$473$133
29 years$1,694$1,230$877$616$427$114
30 years$1,620$1,162$817$565$386$97
31 years$1,551$1,098$761$519$349$83
32 years$1,486$1,039$710$477$316$71
33 years$1,426$984$663$439$286$61
34 years$1,368$933$620$404$259$52
35 years$1,315$885$579$372$234$44
36 years$1,264$840$542$342$212$38
37 years$1,217$797$507$315$192$32
38 years$1,171$758$475$291$174$28
39 years$1,129$721$445$268$158$24
40 years$1,088$686$417$247$143$20
41 years$1,050$653$391$228$130$17
42 years$1,013$622$367$210$118$15
43 years$979$592$344$194$107$13
44 years$946$564$323$179$97$11
45 years$914$538$304$166$88$9
46 years$884$513$285$153$80$8
47 years$856$490$268$141$73$7
48 years$828$468$252$131$66$6
49 years$802$447$237$121$60$5
50 years$777$427$222$112$55$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $796,000, adding $3,999 every year, while hoping to spend $20,123 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: 22/49/29 Blend
29$796,000$796,000$796,000$796,000
30$881,317$839,129$826,791$892,557
31$949,801$858,836$833,078$922,608
32$1,024,595$878,833$838,901$952,804
33$1,106,323$899,115$844,223$984,677
34$1,195,669$919,674$849,006$1,018,379
35$1,293,389$940,499$853,209$1,054,076
36$1,400,313$961,581$856,790$1,091,951
37$1,517,355$982,909$859,702$1,132,207
38$1,645,523$1,004,469$861,900$1,175,066
39$1,785,926$1,026,248$863,334$1,220,777
40$1,939,786$1,048,230$863,951$1,269,611
41$2,108,448$1,070,397$863,697$1,321,870
42$2,293,394$1,092,731$862,516$1,377,886
43$2,496,256$1,115,211$860,345$1,438,025
44$2,718,832$1,137,813$857,124$1,502,694
45$2,963,100$1,160,514$852,786$1,572,339
46$3,231,243$1,183,286$847,261$1,647,455
47$3,525,663$1,206,099$840,477$1,728,587
48$3,849,005$1,228,923$832,357$1,816,339
49$4,204,186$1,251,723$822,824$1,911,375
50$4,594,417$1,274,461$811,792$2,014,430
51$5,023,235$1,297,097$799,175$2,126,315
52$5,494,539$1,319,589$784,881$2,247,925
53$6,012,622$1,341,889$768,815$2,380,249
54$6,582,215$1,363,947$750,876$2,524,377
55$7,208,531$1,385,710$730,959$2,681,516
56$7,897,310$1,407,119$708,956$2,852,993
57$8,654,881$1,428,114$684,752$3,040,278
58$9,488,214$1,448,626$658,226$3,244,989
59$10,404,988$1,468,585$629,253$3,468,915
60$11,413,666$1,487,915$597,702$3,714,029
61$12,523,572$1,506,534$563,436$3,982,508
62$13,744,978$1,524,356$526,313$4,276,756
63$15,089,203$1,541,287$486,182$4,599,423
64$16,568,719$1,557,228$442,887$4,953,437
65$18,197,270$1,572,073$396,265$5,342,026
66$19,989,996$1,585,710$346,145$5,768,751
67$21,963,584$1,598,017$292,349$6,237,542
68$24,136,418$1,608,869$234,691$6,752,736
69$26,528,756$1,618,127$172,976$7,319,116
70$29,162,921$1,625,647$107,003$7,941,959
71$32,063,510$1,631,275$36,559$8,627,084
72$35,257,628$1,634,847$0$9,380,913
73$38,775,140$1,636,188$0$10,222,479
74$42,648,957$1,635,114$0$11,160,490
75$46,915,344$1,631,428$0$12,192,315
76$51,614,263$1,624,922$0$13,327,534
77$56,789,748$1,615,374$0$14,576,708
78$62,490,324$1,602,549$0$15,951,479
79$68,769,462$1,586,198$0$17,464,683
80$75,686,083$1,566,058$0$19,130,468
81$83,305,117$1,541,848$0$20,964,432
82$91,698,112$1,513,272$0$22,983,767
83$100,943,912$1,480,015$0$25,207,426
84$111,129,402$1,441,746$0$27,656,301
85$122,350,321$1,398,112$0$30,353,422
86$134,712,174$1,348,739$0$33,324,175
87$148,331,223$1,293,235$0$36,596,543
88$163,335,584$1,231,180$0$40,201,371
89$179,866,440$1,162,134$0$44,172,659
90$198,079,368$1,085,630$0$48,547,885
91$218,145,810$1,001,173$0$53,368,358
92$240,254,694$908,241$0$58,679,612
93$264,614,211$806,283$0$64,531,836
94$291,453,786$694,716$0$70,980,353
95$321,026,238$572,923$0$78,086,136
96$353,610,171$440,254$0$85,916,396
97$389,512,603$296,020$0$94,545,211
98$429,071,859$139,496$0$104,054,230
99$472,660,772$0$0$114,533,448
100$520,690,198$0$0$126,098,276