Can I retire at age 30 with 799,000?

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 $799,000?

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$65,981$65,393$64,820$64,260$63,713$62,123
2 years$32,664$32,055$31,466$30,894$30,340$28,747
3 years$21,559$20,949$20,360$19,794$19,249$17,704
4 years$16,008$15,399$14,817$14,261$13,728$12,244
5 years$12,679$12,073$11,499$10,954$10,436$9,015
6 years$10,460$9,859$9,293$8,760$8,258$6,902
7 years$8,875$8,279$7,722$7,202$6,716$5,426
8 years$7,687$7,097$6,549$6,041$5,571$4,347
9 years$6,764$6,179$5,641$5,146$4,692$3,531
10 years$6,026$5,447$4,918$4,436$3,998$2,899
11 years$5,422$4,849$4,329$3,860$3,438$2,401
12 years$4,919$4,352$3,842$3,386$2,979$2,001
13 years$4,494$3,933$3,433$2,989$2,598$1,677
14 years$4,131$3,575$3,084$2,654$2,278$1,412
15 years$3,815$3,266$2,785$2,367$2,005$1,193
16 years$3,540$2,996$2,525$2,119$1,772$1,011
17 years$3,297$2,759$2,298$1,904$1,571$858
18 years$3,081$2,550$2,097$1,716$1,397$731
19 years$2,889$2,363$1,920$1,550$1,245$623
20 years$2,716$2,196$1,762$1,404$1,112$532
21 years$2,559$2,045$1,621$1,274$995$455
22 years$2,417$1,909$1,494$1,159$892$389
23 years$2,287$1,786$1,379$1,055$801$334
24 years$2,169$1,673$1,276$962$720$286
25 years$2,060$1,570$1,181$879$648$245
26 years$1,960$1,476$1,096$804$584$211
27 years$1,867$1,389$1,017$736$526$181
28 years$1,781$1,309$946$674$475$155
29 years$1,701$1,235$880$618$429$134
30 years$1,626$1,166$820$567$387$115
31 years$1,557$1,102$764$521$350$99
32 years$1,492$1,043$713$479$317$85
33 years$1,431$988$666$440$287$73
34 years$1,374$936$622$405$260$63
35 years$1,320$888$582$373$235$54
36 years$1,269$843$544$343$213$47
37 years$1,221$800$509$316$193$40
38 years$1,176$761$477$292$175$35
39 years$1,133$723$447$269$159$30
40 years$1,092$688$419$248$144$26
41 years$1,054$655$393$229$131$22
42 years$1,017$624$368$211$119$19
43 years$982$594$346$195$108$16
44 years$949$567$324$180$98$14
45 years$918$540$305$166$89$12
46 years$888$515$286$154$80$10
47 years$859$492$269$142$73$9
48 years$831$470$253$131$66$8
49 years$805$448$237$121$60$7
50 years$780$428$223$112$55$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $799,000, adding $3,601 every year, while hoping to spend $20,152 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: 49/26/25 Blend
29$799,000$799,000$799,000$799,000
30$884,212$841,865$829,481$921,120
31$952,961$861,675$835,827$967,074
32$1,028,046$881,780$841,710$1,014,670
33$1,110,092$902,174$847,094$1,065,976
34$1,199,790$922,848$851,939$1,121,353
35$1,297,895$943,794$856,206$1,181,195
36$1,405,242$965,002$859,850$1,245,941
37$1,522,749$986,460$862,828$1,316,071
38$1,651,429$1,008,156$865,093$1,392,116
39$1,792,396$1,030,076$866,594$1,474,661
40$1,946,875$1,052,205$867,279$1,564,350
41$2,116,218$1,074,525$867,095$1,661,896
42$2,301,913$1,097,017$865,984$1,768,080
43$2,505,599$1,119,662$863,885$1,883,768
44$2,729,081$1,142,437$860,736$2,009,912
45$2,974,348$1,165,316$856,471$2,147,560
46$3,243,589$1,188,274$851,020$2,297,873
47$3,539,217$1,211,282$844,312$2,462,124
48$3,863,889$1,234,307$836,269$2,641,722
49$4,220,535$1,257,316$826,812$2,838,216
50$4,612,377$1,280,273$815,858$3,053,318
51$5,042,970$1,303,137$803,320$3,288,913
52$5,516,228$1,325,865$789,106$3,547,078
53$6,036,462$1,348,412$773,120$3,830,105
54$6,608,424$1,370,727$755,262$4,140,520
55$7,237,348$1,392,757$735,428$4,481,108
56$7,929,000$1,414,444$713,508$4,854,939
57$8,689,734$1,435,728$689,386$5,265,397
58$9,526,550$1,456,543$662,944$5,716,214
59$10,447,161$1,476,816$634,056$6,211,502
60$11,460,065$1,496,474$602,590$6,755,796
61$12,574,625$1,515,434$568,410$7,354,094
62$13,801,158$1,533,611$531,373$8,011,906
63$15,151,030$1,550,912$491,328$8,735,308
64$16,636,767$1,567,239$448,119$9,530,995
65$18,272,170$1,582,486$401,584$10,406,348
66$20,072,445$1,596,542$351,550$11,369,505
67$22,054,348$1,609,286$297,841$12,429,434
68$24,236,342$1,620,592$240,270$13,596,023
69$26,638,773$1,630,324$178,642$14,880,170
70$29,284,056$1,638,339$112,756$16,293,888
71$32,196,894$1,644,482$42,397$17,850,420
72$35,404,507$1,648,591$0$19,564,362
73$38,936,887$1,650,492$0$21,460,523
74$42,827,085$1,650,002$0$23,560,553
75$47,111,521$1,646,925$0$25,872,743
76$51,830,325$1,641,054$0$28,418,707
77$57,027,720$1,632,167$0$31,222,262
78$62,752,437$1,620,033$0$34,309,658
79$69,058,173$1,604,402$0$37,709,823
80$76,004,101$1,585,012$0$41,454,636
81$83,655,427$1,561,586$0$45,579,232
82$92,084,004$1,533,827$0$50,122,327
83$101,369,011$1,501,423$0$55,126,593
84$111,597,701$1,464,043$0$60,639,051
85$122,866,221$1,421,336$0$66,711,524
86$135,280,526$1,372,932$0$73,401,124
87$148,957,372$1,318,438$0$80,770,788
88$164,025,420$1,257,437$0$88,889,877
89$180,626,453$1,189,492$0$97,834,830
90$198,916,709$1,114,135$0$107,689,886
91$219,068,362$1,030,877$0$118,547,879
92$241,271,142$939,196$0$130,511,118
93$265,734,126$838,544$0$143,692,349
94$292,687,714$728,340$0$158,215,825
95$322,385,802$607,970$0$174,218,476
96$355,108,179$476,786$0$191,851,206
97$391,163,169$334,104$0$211,280,314
98$430,890,536$179,199$0$232,689,070
99$474,664,701$11,309$0$256,279,443
100$522,898,264$0$0$282,274,008