Can I retire at age 30 with 802,000?

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 $802,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$66,228$65,638$65,063$64,501$63,953$62,508
2 years$32,786$32,176$31,584$31,010$30,454$29,006
3 years$21,640$21,027$20,437$19,869$19,321$17,916
4 years$16,069$15,457$14,873$14,314$13,780$12,428
5 years$12,726$12,119$11,542$10,995$10,475$9,180
6 years$10,499$9,896$9,328$8,792$8,289$7,051
7 years$8,909$8,310$7,751$7,229$6,741$5,562
8 years$7,716$7,124$6,574$6,064$5,592$4,471
9 years$6,789$6,202$5,662$5,165$4,710$3,645
10 years$6,048$5,467$4,936$4,452$4,013$3,004
11 years$5,443$4,867$4,346$3,875$3,451$2,497
12 years$4,938$4,368$3,857$3,399$2,991$2,090
13 years$4,511$3,948$3,446$3,001$2,608$1,758
14 years$4,146$3,588$3,096$2,664$2,286$1,486
15 years$3,830$3,278$2,795$2,376$2,013$1,261
16 years$3,553$3,008$2,534$2,127$1,779$1,073
17 years$3,309$2,770$2,306$1,911$1,577$915
18 years$3,093$2,559$2,105$1,722$1,402$783
19 years$2,900$2,372$1,927$1,556$1,250$670
20 years$2,726$2,204$1,769$1,409$1,117$575
21 years$2,569$2,053$1,627$1,279$999$494
22 years$2,426$1,917$1,499$1,163$896$425
23 years$2,296$1,793$1,384$1,059$804$366
24 years$2,177$1,679$1,280$966$723$315
25 years$2,068$1,576$1,186$882$650$271
26 years$1,967$1,481$1,100$807$586$234
27 years$1,874$1,394$1,021$738$528$202
28 years$1,787$1,314$949$677$477$174
29 years$1,707$1,239$884$620$430$151
30 years$1,633$1,170$823$569$389$130
31 years$1,563$1,106$767$523$351$113
32 years$1,497$1,047$716$481$318$97
33 years$1,436$991$668$442$288$84
34 years$1,379$940$625$407$261$73
35 years$1,325$891$584$374$236$63
36 years$1,274$846$546$345$214$54
37 years$1,226$803$511$318$194$47
38 years$1,180$764$479$293$176$41
39 years$1,137$726$449$270$159$35
40 years$1,096$691$420$249$144$31
41 years$1,058$658$394$230$131$26
42 years$1,021$626$370$212$119$23
43 years$986$597$347$196$108$20
44 years$953$569$326$181$98$17
45 years$921$542$306$167$89$15
46 years$891$517$287$154$81$13
47 years$862$494$270$142$73$11
48 years$835$471$254$132$67$10
49 years$808$450$238$122$60$8
50 years$783$430$224$112$55$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $802,000, adding $5,516 every year, while hoping to spend $27,267 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: 34/49/17 Blend
29$802,000$802,000$802,000$802,000
30$889,494$846,988$834,557$914,897
31$951,210$859,478$833,503$946,490
32$1,018,308$871,667$831,499$977,602
33$1,091,307$883,510$828,486$1,010,572
34$1,170,779$894,961$824,399$1,045,580
35$1,257,355$905,971$819,173$1,082,823
36$1,351,727$916,485$812,737$1,122,523
37$1,454,658$926,447$805,018$1,164,922
38$1,566,987$935,797$795,940$1,210,291
39$1,689,638$944,469$785,422$1,258,929
40$1,823,628$952,395$773,381$1,311,166
41$1,970,077$959,502$759,728$1,367,369
42$2,130,217$965,710$744,372$1,427,944
43$2,305,407$970,937$727,216$1,493,339
44$2,497,139$975,094$708,159$1,564,052
45$2,707,061$978,088$687,096$1,640,631
46$2,936,985$979,817$663,916$1,723,686
47$3,188,905$980,176$638,505$1,813,889
48$3,465,020$979,051$610,742$1,911,985
49$3,767,750$976,323$580,500$2,018,796
50$4,099,762$971,864$547,648$2,135,233
51$4,463,991$965,539$512,048$2,262,303
52$4,863,673$957,205$473,556$2,401,118
53$5,302,369$946,710$432,022$2,552,910
54$5,784,005$933,892$387,289$2,719,038
55$6,312,902$918,582$339,191$2,901,005
56$6,893,823$900,597$287,559$3,100,472
57$7,532,013$879,747$232,213$3,319,276
58$8,233,252$855,828$172,966$3,559,444
59$9,003,906$828,626$109,623$3,823,217
60$9,850,989$797,913$41,980$4,113,071
61$10,782,228$763,449$0$4,431,740
62$11,806,137$724,979$0$4,787,724
63$12,932,093$682,234$0$5,187,360
64$14,170,432$634,929$0$5,626,751
65$15,532,538$582,762$0$6,110,007
66$17,030,956$525,417$0$6,641,666
67$18,679,506$462,555$0$7,226,733
68$20,493,418$393,822$0$7,870,729
69$22,489,469$318,842$0$8,579,748
70$24,686,148$237,218$0$9,360,514
71$27,103,825$148,532$0$10,220,443
72$29,764,946$52,340$0$11,167,716
73$32,694,241$0$0$12,211,360
74$35,918,962$0$0$13,389,274
75$39,469,137$0$0$14,717,285
76$43,377,853$0$0$16,179,566
77$47,681,568$0$0$17,789,775
78$52,420,455$0$0$19,562,961
79$57,638,784$0$0$21,515,710
80$63,385,332$0$0$23,666,294
81$69,713,852$0$0$26,034,852
82$76,683,571$0$0$28,643,572
83$84,359,758$0$0$31,516,906
84$92,814,331$0$0$34,681,799
85$102,126,541$0$0$38,167,941
86$112,383,719$0$0$42,008,050
87$123,682,098$0$0$46,238,181
88$136,127,722$0$0$50,898,062
89$149,837,446$0$0$56,031,473
90$164,940,040$0$0$61,686,660
91$181,577,402$0$0$67,916,785
92$199,905,899$0$0$74,780,432
93$220,097,843$0$0$82,342,160
94$242,343,114$0$0$90,673,109
95$266,850,954$0$0$99,851,674
96$293,851,942$0$0$109,964,245
97$323,600,170$0$0$121,106,021
98$356,375,641$0$0$133,381,909
99$392,486,909$0$0$146,907,514
100$432,273,996$0$0$161,810,231