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%14.2%
1 years$66,311$65,720$65,144$64,582$64,032$62,920
2 years$32,827$32,216$31,623$31,049$30,492$29,374
3 years$21,667$21,053$20,462$19,893$19,345$18,258
4 years$16,089$15,476$14,891$14,332$13,797$12,748
5 years$12,742$12,134$11,556$11,008$10,488$9,481
6 years$10,512$9,908$9,339$8,803$8,299$7,334
7 years$8,920$8,321$7,761$7,238$6,749$5,828
8 years$7,726$7,132$6,582$6,072$5,599$4,720
9 years$6,798$6,210$5,669$5,172$4,715$3,878
10 years$6,056$5,474$4,942$4,458$4,018$3,222
11 years$5,449$4,873$4,351$3,880$3,455$2,700
12 years$4,944$4,374$3,862$3,403$2,994$2,279
13 years$4,517$3,953$3,450$3,004$2,611$1,934
14 years$4,151$3,593$3,100$2,667$2,289$1,649
15 years$3,834$3,282$2,799$2,379$2,015$1,412
16 years$3,558$3,011$2,538$2,130$1,781$1,213
17 years$3,314$2,773$2,309$1,914$1,579$1,044
18 years$3,097$2,563$2,108$1,724$1,404$901
19 years$2,903$2,375$1,930$1,558$1,252$779
20 years$2,729$2,207$1,771$1,411$1,118$675
21 years$2,572$2,056$1,629$1,281$1,000$586
22 years$2,429$1,919$1,501$1,165$897$509
23 years$2,299$1,795$1,386$1,061$805$442
24 years$2,180$1,682$1,282$967$724$385
25 years$2,070$1,578$1,187$883$651$335
26 years$1,969$1,483$1,101$808$586$292
27 years$1,876$1,396$1,023$739$529$255
28 years$1,790$1,315$951$677$477$222
29 years$1,709$1,241$885$621$431$194
30 years$1,635$1,172$824$570$389$170
31 years$1,565$1,108$768$524$352$148
32 years$1,499$1,048$717$481$318$129
33 years$1,438$993$669$442$288$113
34 years$1,381$941$625$407$261$99
35 years$1,326$892$585$375$236$86
36 years$1,275$847$547$345$214$76
37 years$1,227$804$512$318$194$66
38 years$1,182$764$479$293$176$58
39 years$1,139$727$449$270$160$51
40 years$1,098$692$421$249$145$44
41 years$1,059$658$395$230$131$39
42 years$1,022$627$370$212$119$34
43 years$987$597$347$196$108$30
44 years$954$569$326$181$98$26
45 years$922$543$306$167$89$23
46 years$892$518$288$154$81$20
47 years$863$494$270$143$73$17
48 years$836$472$254$132$67$15
49 years$809$451$239$122$61$13
50 years$784$430$224$113$55$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $803,000, adding $4,753 every year, while hoping to spend $22,489 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: 63/14/23 Blend
29$803,000$803,000$803,000$803,000
30$889,809$847,250$834,803$940,236
31$956,641$864,837$838,841$992,450
32$1,029,537$882,532$842,260$1,046,530
33$1,109,090$900,317$845,017$1,105,089
34$1,195,956$918,171$847,063$1,168,568
35$1,290,855$936,073$848,352$1,237,453
36$1,394,580$953,999$848,830$1,312,279
37$1,508,005$971,922$848,443$1,393,635
38$1,632,092$989,817$847,136$1,482,173
39$1,767,899$1,007,651$844,849$1,578,607
40$1,916,592$1,025,394$841,519$1,683,730
41$2,079,456$1,043,009$837,081$1,798,410
42$2,257,904$1,060,460$831,467$1,923,608
43$2,453,493$1,077,706$824,604$2,060,383
44$2,667,939$1,094,703$816,418$2,209,901
45$2,903,131$1,111,405$806,830$2,373,448
46$3,161,148$1,127,762$795,756$2,552,441
47$3,444,283$1,143,721$783,112$2,748,443
48$3,755,060$1,159,223$768,806$2,963,176
49$4,096,259$1,174,207$752,744$3,198,540
50$4,470,943$1,188,609$734,827$3,456,628
51$4,882,486$1,202,358$714,950$3,739,747
52$5,334,605$1,215,379$693,006$4,050,442
53$5,831,394$1,227,592$668,882$4,391,516
54$6,377,365$1,238,912$642,457$4,766,060
55$6,977,486$1,249,249$613,610$5,177,483
56$7,637,233$1,258,506$582,210$5,629,539
57$8,362,638$1,266,580$548,120$6,126,370
58$9,160,346$1,273,361$511,201$6,672,540
59$10,037,678$1,278,733$471,304$7,273,079
60$11,002,703$1,282,572$428,274$7,933,534
61$12,064,307$1,284,746$381,949$8,660,017
62$13,232,283$1,285,116$332,162$9,459,267
63$14,517,422$1,283,533$278,735$10,338,710
64$15,931,612$1,279,838$221,485$11,306,535
65$17,487,951$1,273,865$160,220$12,371,764
66$19,200,873$1,265,436$94,738$13,544,345
67$21,086,282$1,254,362$24,832$14,835,241
68$23,161,700$1,240,443$0$16,256,537
69$25,446,437$1,223,468$0$17,833,768
70$27,961,767$1,203,212$0$19,576,697
71$30,731,134$1,179,436$0$21,495,465
72$33,780,371$1,151,890$0$23,607,968
73$37,137,942$1,120,305$0$25,933,930
74$40,835,212$1,084,400$0$28,495,083
75$44,906,743$1,043,875$0$31,315,378
76$49,390,621$998,415$0$34,421,210
77$54,328,810$947,684$0$37,841,664
78$59,767,556$891,327$0$41,608,792
79$65,757,816$828,972$0$45,757,918
80$72,355,743$760,221$0$50,327,967
81$79,623,213$684,655$0$55,361,836
82$87,628,411$601,834$0$60,906,797
83$96,446,473$511,289$0$67,014,945
84$106,160,197$412,525$0$73,743,690
85$116,860,821$305,023$0$81,156,297
86$128,648,885$188,229$0$89,322,487
87$141,635,182$61,563$0$98,319,092
88$155,941,800$0$0$108,230,783
89$171,703,279$0$0$119,162,513
90$189,067,873$0$0$131,216,664
91$208,198,959$0$0$144,497,175
92$229,276,569$0$0$159,129,035
93$252,499,097$0$0$175,249,979
94$278,085,167$0$0$193,011,788
95$306,275,698$0$0$212,581,719
96$337,336,177$0$0$234,144,090
97$371,559,166$0$0$257,902,012
98$409,267,062$0$0$284,079,312
99$450,815,144$0$0$312,922,642
100$496,594,919$0$0$344,703,810