Can I retire at age 30 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$66,063$65,475$64,901$64,340$63,793$62,505
2 years$32,705$32,095$31,505$30,933$30,378$29,086
3 years$21,586$20,975$20,386$19,819$19,273$18,017
4 years$16,029$15,419$14,836$14,278$13,746$12,536
5 years$12,695$12,088$11,513$10,967$10,449$9,289
6 years$10,473$9,871$9,304$8,771$8,268$7,158
7 years$8,886$8,290$7,732$7,211$6,724$5,665
8 years$7,697$7,106$6,557$6,049$5,578$4,570
9 years$6,773$6,187$5,648$5,152$4,698$3,740
10 years$6,033$5,453$4,924$4,441$4,003$3,094
11 years$5,429$4,855$4,335$3,865$3,442$2,581
12 years$4,926$4,357$3,847$3,390$2,983$2,169
13 years$4,500$3,938$3,437$2,993$2,601$1,832
14 years$4,136$3,579$3,088$2,657$2,280$1,555
15 years$3,820$3,270$2,788$2,370$2,008$1,324
16 years$3,544$3,000$2,528$2,122$1,775$1,132
17 years$3,301$2,763$2,300$1,906$1,573$970
18 years$3,085$2,553$2,100$1,718$1,399$833
19 years$2,892$2,366$1,922$1,552$1,247$716
20 years$2,719$2,199$1,764$1,406$1,114$617
21 years$2,562$2,048$1,623$1,276$997$533
22 years$2,420$1,912$1,496$1,160$893$460
23 years$2,290$1,788$1,381$1,057$802$398
24 years$2,172$1,675$1,277$964$721$345
25 years$2,063$1,572$1,183$880$649$298
26 years$1,962$1,478$1,097$805$584$259
27 years$1,869$1,391$1,019$737$527$224
28 years$1,783$1,310$947$675$475$195
29 years$1,703$1,236$881$619$429$169
30 years$1,628$1,167$821$568$388$147
31 years$1,559$1,104$765$522$351$127
32 years$1,494$1,044$714$479$317$111
33 years$1,433$989$667$441$287$96
34 years$1,375$937$623$406$260$84
35 years$1,321$889$582$373$235$73
36 years$1,271$844$545$344$213$63
37 years$1,223$801$510$317$193$55
38 years$1,177$762$478$292$175$48
39 years$1,134$724$447$269$159$42
40 years$1,094$689$419$248$144$36
41 years$1,055$656$393$229$131$31
42 years$1,019$625$369$211$119$27
43 years$984$595$346$195$108$24
44 years$951$567$325$180$98$21
45 years$919$541$305$166$89$18
46 years$889$516$287$154$81$16
47 years$860$492$269$142$73$14
48 years$833$470$253$131$66$12
49 years$806$449$238$121$60$10
50 years$781$429$224$112$55$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $800,000, adding $4,836 every year, while hoping to spend $23,577 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: 65/7/28 Blend
29$800,000$800,000$800,000$800,000
30$886,588$844,188$831,788$937,360
31$951,935$860,468$834,567$988,547
32$1,023,156$876,755$836,650$1,041,423
33$1,100,827$893,025$837,986$1,098,705
34$1,185,579$909,251$838,527$1,160,828
35$1,278,109$925,405$838,219$1,228,273
36$1,379,183$941,457$837,005$1,301,570
37$1,489,643$957,372$834,829$1,381,304
38$1,610,419$973,115$831,627$1,468,121
39$1,742,531$988,647$827,337$1,562,730
40$1,887,107$1,003,928$821,890$1,665,915
41$2,045,384$1,018,913$815,216$1,778,541
42$2,218,729$1,033,555$807,241$1,901,560
43$2,408,643$1,047,803$797,887$2,036,023
44$2,616,781$1,061,603$787,073$2,183,087
45$2,844,968$1,074,896$774,715$2,344,030
46$3,095,209$1,087,620$760,722$2,520,260
47$3,369,717$1,099,710$745,003$2,713,329
48$3,670,927$1,111,095$727,459$2,924,947
49$4,001,521$1,121,698$707,989$3,157,002
50$4,364,455$1,131,440$686,485$3,411,573
51$4,762,983$1,140,235$662,837$3,690,954
52$5,200,693$1,147,991$636,927$3,997,673
53$5,681,533$1,154,612$608,633$4,334,518
54$6,209,855$1,159,994$577,828$4,704,559
55$6,790,454$1,164,027$544,379$5,111,186
56$7,428,610$1,166,594$508,145$5,558,132
57$8,130,142$1,167,572$468,982$6,049,515
58$8,901,461$1,166,827$426,738$6,589,871
59$9,749,629$1,164,220$381,252$7,184,204
60$10,682,426$1,159,603$332,360$7,838,028
61$11,708,427$1,152,816$279,887$8,557,423
62$12,837,076$1,143,694$223,652$9,349,090
63$14,078,780$1,132,057$163,468$10,220,416
64$15,445,007$1,117,719$99,135$11,179,543
65$16,948,390$1,100,479$30,448$12,235,447
66$18,602,849$1,080,127$0$13,398,023
67$20,423,724$1,056,437$0$14,690,977
68$22,427,914$1,029,173$0$16,124,070
69$24,634,043$998,084$0$17,701,513
70$27,062,628$962,903$0$19,437,986
71$29,736,281$923,350$0$21,349,662
72$32,679,914$879,126$0$23,454,364
73$35,920,980$829,918$0$25,771,734
74$39,489,727$775,391$0$28,323,412
75$43,419,487$715,194$0$31,133,249
76$47,746,991$648,954$0$34,227,525
77$52,512,709$576,278$0$37,635,202
78$57,761,239$496,750$0$41,388,192
79$63,541,725$409,930$0$45,521,665
80$69,908,320$315,355$0$50,074,376
81$76,920,694$212,533$0$55,089,030
82$84,644,606$100,948$0$60,612,691
83$93,152,513$0$0$66,697,219
84$102,524,263$0$0$73,401,303
85$112,847,842$0$0$80,794,923
86$124,220,209$0$0$88,939,753
87$136,748,207$0$0$97,912,324
88$150,549,573$0$0$107,796,969
89$165,754,049$0$0$118,686,622
90$182,504,607$0$0$130,683,692
91$200,958,797$0$0$143,901,031
92$221,290,234$0$0$158,462,998
93$243,690,236$0$0$174,506,633
94$268,369,634$0$0$192,182,952
95$295,560,755$0$0$211,658,370
96$325,519,619$0$0$233,116,273
97$358,528,354$0$0$256,758,747
98$394,897,861$0$0$282,808,489
99$434,970,746$0$0$311,510,905
100$479,124,553$0$0$343,136,430