Can I retire at age 30 with 801,000?

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 $801,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$66,146$65,557$64,982$64,421$63,873$62,558
2 years$32,745$32,136$31,545$30,972$30,416$29,097
3 years$21,613$21,001$20,411$19,844$19,297$18,015
4 years$16,049$15,438$14,854$14,296$13,763$12,528
5 years$12,710$12,104$11,528$10,981$10,462$9,278
6 years$10,486$9,883$9,316$8,782$8,278$7,146
7 years$8,897$8,300$7,742$7,220$6,733$5,653
8 years$7,707$7,115$6,565$6,056$5,585$4,557
9 years$6,781$6,195$5,655$5,159$4,704$3,727
10 years$6,041$5,460$4,930$4,447$4,008$3,081
11 years$5,436$4,861$4,340$3,870$3,447$2,569
12 years$4,932$4,363$3,852$3,395$2,987$2,157
13 years$4,506$3,943$3,441$2,997$2,605$1,821
14 years$4,141$3,584$3,092$2,660$2,283$1,544
15 years$3,825$3,274$2,792$2,373$2,010$1,315
16 years$3,549$3,004$2,531$2,124$1,777$1,123
17 years$3,305$2,766$2,303$1,909$1,575$961
18 years$3,089$2,556$2,103$1,720$1,401$825
19 years$2,896$2,369$1,925$1,554$1,249$709
20 years$2,722$2,202$1,767$1,408$1,115$611
21 years$2,565$2,051$1,625$1,278$998$527
22 years$2,423$1,914$1,498$1,162$895$455
23 years$2,293$1,790$1,383$1,058$803$393
24 years$2,174$1,677$1,279$965$722$340
25 years$2,065$1,574$1,184$881$649$294
26 years$1,964$1,479$1,098$806$585$255
27 years$1,871$1,392$1,020$737$527$221
28 years$1,785$1,312$948$676$476$191
29 years$1,705$1,238$882$620$430$166
30 years$1,630$1,169$822$569$388$144
31 years$1,561$1,105$766$522$351$125
32 years$1,496$1,046$715$480$318$108
33 years$1,434$990$668$441$287$94
34 years$1,377$938$624$406$260$82
35 years$1,323$890$583$374$236$71
36 years$1,272$845$546$344$214$62
37 years$1,224$802$511$317$194$54
38 years$1,179$763$478$292$175$47
39 years$1,136$725$448$270$159$40
40 years$1,095$690$420$249$144$35
41 years$1,056$657$394$229$131$31
42 years$1,020$625$369$212$119$27
43 years$985$596$347$195$108$23
44 years$952$568$325$180$98$20
45 years$920$542$305$167$89$17
46 years$890$517$287$154$81$15
47 years$861$493$270$142$73$13
48 years$834$471$253$131$67$11
49 years$807$450$238$121$60$10
50 years$782$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 $801,000, adding $5,474 every year, while hoping to spend $24,739 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: 54/41/5 Blend
29$801,000$801,000$801,000$801,000
30$888,348$845,895$833,480$935,086
31$952,638$861,022$835,079$982,388
32$1,022,656$876,061$835,903$1,030,629
33$1,098,960$890,982$835,900$1,082,519
34$1,182,165$905,751$835,013$1,138,407
35$1,272,947$920,334$833,188$1,198,677
36$1,372,051$934,693$830,362$1,263,753
37$1,480,294$948,787$826,474$1,334,102
38$1,598,580$962,574$821,456$1,410,238
39$1,727,901$976,005$815,240$1,492,729
40$1,869,349$989,032$807,754$1,582,200
41$2,024,130$1,001,602$798,920$1,679,340
42$2,193,567$1,013,656$788,660$1,784,910
43$2,379,121$1,025,135$776,890$1,899,748
44$2,582,398$1,035,974$763,523$2,024,777
45$2,805,168$1,046,102$748,467$2,161,017
46$3,049,381$1,055,447$731,627$2,309,591
47$3,317,184$1,063,930$712,902$2,471,737
48$3,610,941$1,071,466$692,188$2,648,821
49$3,933,256$1,077,967$669,375$2,842,350
50$4,286,998$1,083,338$644,349$3,053,982
51$4,675,327$1,087,477$616,990$3,285,550
52$5,101,724$1,090,277$587,173$3,539,073
53$5,570,023$1,091,623$554,767$3,816,775
54$6,084,448$1,091,396$519,634$4,121,112
55$6,649,653$1,089,465$481,633$4,454,789
56$7,270,763$1,085,694$440,613$4,820,792
57$7,953,425$1,079,938$396,418$5,222,410
58$8,703,863$1,072,043$348,886$5,663,271
59$9,528,929$1,061,845$297,846$6,147,376
60$10,436,176$1,049,172$243,120$6,679,134
61$11,433,924$1,033,840$184,523$7,263,408
62$12,531,340$1,015,654$121,861$7,905,560
63$13,738,524$994,408$54,930$8,611,502
64$15,066,604$969,885$0$9,387,750
65$16,527,841$941,852$0$10,242,371
66$18,135,744$910,066$0$11,185,590
67$19,905,198$874,267$0$12,223,222
68$21,852,603$834,182$0$13,364,908
69$23,996,032$789,520$0$14,621,277
70$26,355,397$739,976$0$16,004,047
71$28,952,637$685,224$0$17,526,134
72$31,811,929$624,923$0$19,201,779
73$34,959,912$558,710$0$21,046,677
74$38,425,939$486,203$0$23,078,133
75$42,242,354$406,996$0$25,315,218
76$46,444,797$320,663$0$27,778,959
77$51,072,543$226,751$0$30,492,531
78$56,168,865$124,785$0$33,481,483
79$61,781,450$14,261$0$36,773,975
80$67,962,845$0$0$40,401,047
81$74,770,952$0$0$44,444,447
82$82,269,577$0$0$48,905,145
83$90,529,030$0$0$53,818,547
84$99,626,787$0$0$59,230,756
85$109,648,224$0$0$65,192,576
86$120,687,423$0$0$71,759,991
87$132,848,055$0$0$78,994,691
88$146,244,363$0$0$86,964,660
89$161,002,238$0$0$95,744,809
90$177,260,405$0$0$105,417,690
91$195,171,737$0$0$116,074,273
92$214,904,695$0$0$127,814,803
93$236,644,915$0$0$140,749,747
94$260,596,967$0$0$155,000,837
95$286,986,277$0$0$170,702,219
96$316,061,262$0$0$188,001,717
97$348,095,670$0$0$207,062,232
98$383,391,167$0$0$228,063,277
99$422,280,182$0$0$251,202,670
100$465,129,044$0$0$276,698,404