Can I retire at age 30 with 801,000?

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 $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%18.3%
1 years$66,146$65,557$64,982$64,421$63,873$61,729
2 years$32,745$32,136$31,545$30,972$30,416$28,277
3 years$21,613$21,001$20,411$19,844$19,297$17,231
4 years$16,049$15,438$14,854$14,296$13,763$11,785
5 years$12,710$12,104$11,528$10,981$10,462$8,578
6 years$10,486$9,883$9,316$8,782$8,278$6,489
7 years$8,897$8,300$7,742$7,220$6,733$5,037
8 years$7,707$7,115$6,565$6,056$5,585$3,983
9 years$6,781$6,195$5,655$5,159$4,704$3,193
10 years$6,041$5,460$4,930$4,447$4,008$2,586
11 years$5,436$4,861$4,340$3,870$3,447$2,111
12 years$4,932$4,363$3,852$3,395$2,987$1,734
13 years$4,506$3,943$3,441$2,997$2,605$1,432
14 years$4,141$3,584$3,092$2,660$2,283$1,187
15 years$3,825$3,274$2,792$2,373$2,010$988
16 years$3,549$3,004$2,531$2,124$1,777$824
17 years$3,305$2,766$2,303$1,909$1,575$688
18 years$3,089$2,556$2,103$1,720$1,401$577
19 years$2,896$2,369$1,925$1,554$1,249$484
20 years$2,722$2,202$1,767$1,408$1,115$406
21 years$2,565$2,051$1,625$1,278$998$341
22 years$2,423$1,914$1,498$1,162$895$287
23 years$2,293$1,790$1,383$1,058$803$242
24 years$2,174$1,677$1,279$965$722$204
25 years$2,065$1,574$1,184$881$649$172
26 years$1,964$1,479$1,098$806$585$145
27 years$1,871$1,392$1,020$737$527$122
28 years$1,785$1,312$948$676$476$103
29 years$1,705$1,238$882$620$430$87
30 years$1,630$1,169$822$569$388$73
31 years$1,561$1,105$766$522$351$62
32 years$1,496$1,046$715$480$318$52
33 years$1,434$990$668$441$287$44
34 years$1,377$938$624$406$260$37
35 years$1,323$890$583$374$236$32
36 years$1,272$845$546$344$214$27
37 years$1,224$802$511$317$194$23
38 years$1,179$763$478$292$175$19
39 years$1,136$725$448$270$159$16
40 years$1,095$690$420$249$144$14
41 years$1,056$657$394$229$131$12
42 years$1,020$625$369$212$119$10
43 years$985$596$347$195$108$8
44 years$952$568$325$180$98$7
45 years$920$542$305$167$89$6
46 years$890$517$287$154$81$5
47 years$861$493$270$142$73$4
48 years$834$471$253$131$67$4
49 years$807$450$238$121$60$3
50 years$782$429$224$112$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $801,000, adding $5,686 every year, while hoping to spend $28,338 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: 65/21/14 Blend
29$801,000$801,000$801,000$801,000
30$888,567$846,114$833,699$943,022
31$949,050$857,422$831,476$991,443
32$1,014,751$868,335$828,229$1,040,516
33$1,086,175$878,802$823,894$1,093,435
34$1,163,874$888,772$818,403$1,150,575
35$1,248,455$898,188$811,686$1,212,347
36$1,340,588$906,990$803,668$1,279,209
37$1,441,010$915,115$794,273$1,351,662
38$1,550,531$922,493$783,419$1,430,259
39$1,670,043$929,053$771,022$1,515,613
40$1,800,528$934,718$756,991$1,608,396
41$1,943,067$939,404$741,236$1,709,351
42$2,098,850$943,025$723,657$1,819,298
43$2,269,187$945,487$704,153$1,939,139
44$2,455,520$946,692$682,619$2,069,871
45$2,659,437$946,534$658,941$2,212,592
46$2,882,688$944,903$633,004$2,368,514
47$3,127,198$941,679$604,686$2,538,972
48$3,395,089$936,737$573,859$2,725,440
49$3,688,695$929,944$540,390$2,929,541
50$4,010,588$921,159$504,140$3,153,068
51$4,363,603$910,230$464,963$3,397,996
52$4,750,860$897,000$422,709$3,666,503
53$5,175,795$881,301$377,216$3,960,992
54$5,642,194$862,953$328,321$4,284,110
55$6,154,228$841,767$275,850$4,638,778
56$6,716,490$817,544$219,622$5,028,217
57$7,334,040$790,072$159,447$5,455,977
58$8,012,453$759,127$95,130$5,925,974
59$8,757,870$724,471$26,463$6,442,525
60$9,577,056$685,853$0$7,010,389
61$10,477,464$643,009$0$7,641,808
62$11,467,306$595,657$0$8,340,248
63$12,555,628$543,500$0$9,108,166
64$13,752,396$486,226$0$9,952,632
65$15,068,592$423,502$0$10,881,438
66$16,516,313$354,979$0$11,903,172
67$18,108,889$280,285$0$13,027,302
68$19,861,008$199,031$0$14,264,261
69$21,788,851$110,804$0$15,625,550
70$23,910,247$15,166$0$17,123,842
71$26,244,842$0$0$18,773,109
72$28,814,282$0$0$20,609,162
73$31,642,417$0$0$22,633,995
74$34,755,528$0$0$24,862,925
75$38,182,572$0$0$27,316,694
76$41,955,457$0$0$30,018,157
77$46,109,342$0$0$32,992,497
78$50,682,968$0$0$36,267,463
79$55,719,023$0$0$39,873,632
80$61,264,547$0$0$43,844,697
81$67,371,374$0$0$48,217,785
82$74,096,619$0$0$53,033,807
83$81,503,219$0$0$58,337,845
84$89,660,529$0$0$64,179,574
85$98,644,969$0$0$70,613,735
86$108,540,754$0$0$77,700,647
87$119,440,679$0$0$85,506,780
88$131,447,002$0$0$94,105,379
89$144,672,407$0$0$103,577,158
90$159,241,064$0$0$114,011,059
91$175,289,804$0$0$125,505,092
92$192,969,410$0$0$138,167,261
93$212,446,037$0$0$152,116,582
94$233,902,783$0$0$167,484,206
95$257,541,415$0$0$184,414,657
96$283,584,275$0$0$203,067,197
97$312,276,377$0$0$223,617,326
98$343,887,717$0$0$246,258,443
99$378,715,828$0$0$271,203,666
100$417,088,580$0$0$298,687,848