Can I retire at age 30 with 799,000?

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 $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%14.2%
1 years$65,981$65,393$64,820$64,260$63,713$62,606
2 years$32,664$32,055$31,466$30,894$30,340$29,228
3 years$21,559$20,949$20,360$19,794$19,249$18,167
4 years$16,008$15,399$14,817$14,261$13,728$12,685
5 years$12,679$12,073$11,499$10,954$10,436$9,434
6 years$10,460$9,859$9,293$8,760$8,258$7,298
7 years$8,875$8,279$7,722$7,202$6,716$5,799
8 years$7,687$7,097$6,549$6,041$5,571$4,697
9 years$6,764$6,179$5,641$5,146$4,692$3,859
10 years$6,026$5,447$4,918$4,436$3,998$3,206
11 years$5,422$4,849$4,329$3,860$3,438$2,687
12 years$4,919$4,352$3,842$3,386$2,979$2,268
13 years$4,494$3,933$3,433$2,989$2,598$1,925
14 years$4,131$3,575$3,084$2,654$2,278$1,641
15 years$3,815$3,266$2,785$2,367$2,005$1,405
16 years$3,540$2,996$2,525$2,119$1,772$1,206
17 years$3,297$2,759$2,298$1,904$1,571$1,039
18 years$3,081$2,550$2,097$1,716$1,397$897
19 years$2,889$2,363$1,920$1,550$1,245$775
20 years$2,716$2,196$1,762$1,404$1,112$672
21 years$2,559$2,045$1,621$1,274$995$583
22 years$2,417$1,909$1,494$1,159$892$506
23 years$2,287$1,786$1,379$1,055$801$440
24 years$2,169$1,673$1,276$962$720$383
25 years$2,060$1,570$1,181$879$648$334
26 years$1,960$1,476$1,096$804$584$291
27 years$1,867$1,389$1,017$736$526$254
28 years$1,781$1,309$946$674$475$221
29 years$1,701$1,235$880$618$429$193
30 years$1,626$1,166$820$567$387$169
31 years$1,557$1,102$764$521$350$147
32 years$1,492$1,043$713$479$317$129
33 years$1,431$988$666$440$287$113
34 years$1,374$936$622$405$260$98
35 years$1,320$888$582$373$235$86
36 years$1,269$843$544$343$213$75
37 years$1,221$800$509$316$193$66
38 years$1,176$761$477$292$175$58
39 years$1,133$723$447$269$159$50
40 years$1,092$688$419$248$144$44
41 years$1,054$655$393$229$131$39
42 years$1,017$624$368$211$119$34
43 years$982$594$346$195$108$30
44 years$949$567$324$180$98$26
45 years$918$540$305$166$89$23
46 years$888$515$286$154$80$20
47 years$859$492$269$142$73$17
48 years$831$470$253$131$66$15
49 years$805$448$237$121$60$13
50 years$780$428$223$112$55$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $799,000, adding $4,900 every year, while hoping to spend $38,334 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: 44/27/29 Blend
29$799,000$799,000$799,000$799,000
30$885,552$843,205$830,821$916,874
31$935,092$843,735$817,866$940,272
32$988,399$843,006$803,193$961,602
33$1,045,819$840,917$786,703$983,999
34$1,107,728$837,357$768,293$1,007,585
35$1,174,542$832,214$747,857$1,032,495
36$1,246,717$825,364$725,281$1,058,884
37$1,324,753$816,677$700,449$1,086,921
38$1,409,201$806,018$673,238$1,116,798
39$1,500,667$793,240$643,518$1,148,730
40$1,599,815$778,189$611,157$1,182,955
41$1,707,378$760,703$576,012$1,219,739
42$1,824,161$740,607$537,939$1,259,381
43$1,951,048$717,720$496,783$1,302,211
44$2,089,014$691,847$452,384$1,348,599
45$2,239,130$662,783$404,575$1,398,957
46$2,402,573$630,313$353,181$1,453,742
47$2,580,643$594,205$298,019$1,513,463
48$2,774,765$554,217$238,899$1,578,688
49$2,986,511$510,094$175,622$1,650,044
50$3,217,609$461,563$107,980$1,728,233
51$3,469,964$408,338$35,756$1,814,030
52$3,745,670$350,116$0$1,908,298
53$4,047,033$286,577$0$2,024,780
54$4,376,594$217,382$0$2,164,390
55$4,737,148$142,175$0$2,317,307
56$5,131,774$60,579$0$2,484,915
57$5,563,862$0$0$2,668,746
58$6,037,145$0$0$2,878,751
59$6,555,735$0$0$3,128,676
60$7,124,159$0$0$3,402,716
61$7,747,405$0$0$3,703,288
62$8,430,963$0$0$4,033,054
63$9,180,885$0$0$4,394,945
64$10,003,832$0$0$4,792,190
65$10,907,145$0$0$5,228,347
66$11,898,907$0$0$5,707,333
67$12,988,025$0$0$6,233,465
68$14,184,309$0$0$6,811,498
69$15,498,567$0$0$7,446,670
70$16,942,704$0$0$8,144,753
71$18,529,836$0$0$8,912,103
72$20,274,413$0$0$9,755,725
73$22,192,356$0$0$10,683,337
74$24,301,201$0$0$11,703,439
75$26,620,274$0$0$12,825,399
76$29,170,863$0$0$14,059,539
77$31,976,425$0$0$15,417,227
78$35,062,803$0$0$16,910,994
79$38,458,472$0$0$18,554,643
80$42,194,807$0$0$20,363,384
81$46,306,375$0$0$22,353,976
82$50,831,265$0$0$24,544,885
83$55,811,446$0$0$26,956,456
84$61,293,161$0$0$29,611,110
85$67,327,362$0$0$32,533,549
86$73,970,194$0$0$35,750,993
87$81,283,521$0$0$39,293,435
88$89,335,511$0$0$43,193,925
89$98,201,278$0$0$47,488,882
90$107,963,589$0$0$52,218,432
91$118,713,649$0$0$57,426,796
92$130,551,955$0$0$63,162,699
93$143,589,247$0$0$69,479,832
94$157,947,555$0$0$76,437,361
95$173,761,344$0$0$84,100,481
96$191,178,789$0$0$92,541,035
97$210,363,167$0$0$101,838,188
98$231,494,403$0$0$112,079,176
99$254,770,761$0$0$123,360,130
100$280,410,722$0$0$135,786,981