Can I retire at age 30 with 803,000?

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 $803,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$66,311$65,720$65,144$64,582$64,032$61,492
2 years$32,827$32,216$31,623$31,049$30,492$27,964
3 years$21,667$21,053$20,462$19,893$19,345$16,909
4 years$16,089$15,476$14,891$14,332$13,797$11,472
5 years$12,742$12,134$11,556$11,008$10,488$8,280
6 years$10,512$9,908$9,339$8,803$8,299$6,208
7 years$8,920$8,321$7,761$7,238$6,749$4,776
8 years$7,726$7,132$6,582$6,072$5,599$3,741
9 years$6,798$6,210$5,669$5,172$4,715$2,969
10 years$6,056$5,474$4,942$4,458$4,018$2,381
11 years$5,449$4,873$4,351$3,880$3,455$1,923
12 years$4,944$4,374$3,862$3,403$2,994$1,563
13 years$4,517$3,953$3,450$3,004$2,611$1,277
14 years$4,151$3,593$3,100$2,667$2,289$1,047
15 years$3,834$3,282$2,799$2,379$2,015$861
16 years$3,558$3,011$2,538$2,130$1,781$710
17 years$3,314$2,773$2,309$1,914$1,579$586
18 years$3,097$2,563$2,108$1,724$1,404$485
19 years$2,903$2,375$1,930$1,558$1,252$402
20 years$2,729$2,207$1,771$1,411$1,118$333
21 years$2,572$2,056$1,629$1,281$1,000$277
22 years$2,429$1,919$1,501$1,165$897$230
23 years$2,299$1,795$1,386$1,061$805$191
24 years$2,180$1,682$1,282$967$724$159
25 years$2,070$1,578$1,187$883$651$132
26 years$1,969$1,483$1,101$808$586$110
27 years$1,876$1,396$1,023$739$529$92
28 years$1,790$1,315$951$677$477$76
29 years$1,709$1,241$885$621$431$64
30 years$1,635$1,172$824$570$389$53
31 years$1,565$1,108$768$524$352$44
32 years$1,499$1,048$717$481$318$37
33 years$1,438$993$669$442$288$31
34 years$1,381$941$625$407$261$26
35 years$1,326$892$585$375$236$21
36 years$1,275$847$547$345$214$18
37 years$1,227$804$512$318$194$15
38 years$1,182$764$479$293$176$12
39 years$1,139$727$449$270$160$10
40 years$1,098$692$421$249$145$9
41 years$1,059$658$395$230$131$7
42 years$1,022$627$370$212$119$6
43 years$987$597$347$196$108$5
44 years$954$569$326$181$98$4
45 years$922$543$306$167$89$3
46 years$892$518$288$154$81$3
47 years$863$494$270$143$73$2
48 years$836$472$254$132$67$2
49 years$809$451$239$122$61$2
50 years$784$430$224$113$55$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $803,000, adding $3,514 every year, while hoping to spend $21,848 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: 39/35/26 Blend
29$803,000$803,000$803,000$803,000
30$888,531$845,972$833,525$916,210
31$955,915$864,178$838,202$954,875
32$1,029,440$882,545$842,304$994,368
33$1,109,709$901,056$845,787$1,036,648
34$1,197,386$919,695$848,608$1,081,983
35$1,293,203$938,443$850,720$1,130,667
36$1,397,965$957,281$852,074$1,183,026
37$1,512,557$976,188$852,618$1,239,419
38$1,637,955$995,138$852,298$1,300,242
39$1,775,234$1,014,108$851,058$1,365,933
40$1,925,577$1,033,068$848,837$1,436,974
41$2,090,287$1,051,990$845,575$1,513,897
42$2,270,799$1,070,840$841,204$1,597,289
43$2,468,693$1,089,584$835,657$1,687,799
44$2,685,710$1,108,184$828,862$1,786,142
45$2,923,767$1,126,600$820,743$1,893,105
46$3,184,976$1,144,787$811,222$2,009,561
47$3,471,661$1,162,700$800,216$2,136,468
48$3,786,386$1,180,287$787,639$2,274,887
49$4,131,972$1,197,496$773,400$2,425,987
50$4,511,528$1,214,269$757,404$2,591,056
51$4,928,479$1,230,543$739,552$2,771,518
52$5,386,598$1,246,253$719,740$2,968,942
53$5,890,040$1,261,328$697,860$3,185,059
54$6,443,384$1,275,693$673,799$3,421,779
55$7,051,675$1,289,268$647,437$3,681,208
56$7,720,470$1,301,967$618,651$3,965,672
57$8,455,893$1,313,698$587,310$4,277,731
58$9,264,688$1,324,363$553,279$4,620,215
59$10,154,289$1,333,860$516,417$4,996,240
60$11,132,884$1,342,077$476,574$5,409,245
61$12,209,496$1,348,896$433,597$5,863,025
62$13,394,066$1,354,193$387,324$6,361,762
63$14,697,546$1,357,834$337,585$6,910,069
64$16,132,006$1,359,678$284,204$7,513,034
65$17,710,744$1,359,575$226,998$8,176,268
66$19,448,410$1,357,365$165,773$8,905,957
67$21,361,151$1,352,879$100,329$9,708,924
68$23,466,754$1,345,936$30,456$10,592,693
69$25,784,822$1,336,346$0$11,565,558
70$28,336,954$1,323,907$0$12,648,905
71$31,146,948$1,308,404$0$13,850,394
72$34,241,031$1,289,609$0$15,172,754
73$37,648,098$1,267,282$0$16,628,316
74$41,399,992$1,241,166$0$18,230,670
75$45,531,800$1,210,993$0$19,994,796
76$50,082,187$1,176,475$0$21,937,206
77$55,093,757$1,137,309$0$24,076,098
78$60,613,458$1,093,174$0$26,431,532
79$66,693,022$1,043,731$0$29,025,615
80$73,389,457$988,621$0$31,882,716
81$80,765,581$927,463$0$35,029,693
82$88,890,617$859,856$0$38,496,148
83$97,840,846$785,375$0$42,314,709
84$107,700,326$703,571$0$46,521,335
85$118,561,682$613,970$0$51,155,663
86$130,526,989$516,070$0$56,261,375
87$143,708,726$409,341$0$61,886,617
88$158,230,842$293,224$0$68,084,455
89$174,229,923$167,128$0$74,913,373
90$191,856,487$30,428$0$82,437,830
91$211,276,395$0$0$90,728,867
92$232,672,427$0$0$99,910,050
93$256,245,998$0$0$110,038,731
94$282,219,064$0$0$121,198,579
95$310,836,216$0$0$133,494,712
96$342,366,988$0$0$147,042,968
97$377,108,402$0$0$161,970,998
98$415,387,769$0$0$178,419,471
99$457,565,782$0$0$196,543,402
100$504,039,919$0$0$216,513,616