Can I retire at age 30 with 803,000?

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 $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%17.5%
1 years$66,311$65,720$65,144$64,582$64,032$62,082
2 years$32,827$32,216$31,623$31,049$30,492$28,543
3 years$21,667$21,053$20,462$19,893$19,345$17,460
4 years$16,089$15,476$14,891$14,332$13,797$11,990
5 years$12,742$12,134$11,556$11,008$10,488$8,764
6 years$10,512$9,908$9,339$8,803$8,299$6,659
7 years$8,920$8,321$7,761$7,238$6,749$5,193
8 years$7,726$7,132$6,582$6,072$5,599$4,126
9 years$6,798$6,210$5,669$5,172$4,715$3,323
10 years$6,056$5,474$4,942$4,458$4,018$2,705
11 years$5,449$4,873$4,351$3,880$3,455$2,220
12 years$4,944$4,374$3,862$3,403$2,994$1,833
13 years$4,517$3,953$3,450$3,004$2,611$1,522
14 years$4,151$3,593$3,100$2,667$2,289$1,269
15 years$3,834$3,282$2,799$2,379$2,015$1,062
16 years$3,558$3,011$2,538$2,130$1,781$890
17 years$3,314$2,773$2,309$1,914$1,579$749
18 years$3,097$2,563$2,108$1,724$1,404$631
19 years$2,903$2,375$1,930$1,558$1,252$532
20 years$2,729$2,207$1,771$1,411$1,118$450
21 years$2,572$2,056$1,629$1,281$1,000$380
22 years$2,429$1,919$1,501$1,165$897$322
23 years$2,299$1,795$1,386$1,061$805$273
24 years$2,180$1,682$1,282$967$724$231
25 years$2,070$1,578$1,187$883$651$196
26 years$1,969$1,483$1,101$808$586$167
27 years$1,876$1,396$1,023$739$529$141
28 years$1,790$1,315$951$677$477$120
29 years$1,709$1,241$885$621$431$102
30 years$1,635$1,172$824$570$389$87
31 years$1,565$1,108$768$524$352$74
32 years$1,499$1,048$717$481$318$63
33 years$1,438$993$669$442$288$53
34 years$1,381$941$625$407$261$45
35 years$1,326$892$585$375$236$39
36 years$1,275$847$547$345$214$33
37 years$1,227$804$512$318$194$28
38 years$1,182$764$479$293$176$24
39 years$1,139$727$449$270$160$20
40 years$1,098$692$421$249$145$17
41 years$1,059$658$395$230$131$15
42 years$1,022$627$370$212$119$12
43 years$987$597$347$196$108$11
44 years$954$569$326$181$98$9
45 years$922$543$306$167$89$8
46 years$892$518$288$154$81$7
47 years$863$494$270$143$73$6
48 years$836$472$254$132$67$5
49 years$809$451$239$122$61$4
50 years$784$430$224$113$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $803,000, adding $2,726 every year, while hoping to spend $50,700 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: 49/21/30 Blend
29$803,000$803,000$803,000$803,000
30$887,718$845,159$832,712$923,515
31$924,321$832,627$806,664$936,434
32$962,958$817,782$778,043$945,272
33$1,003,783$800,457$746,711$953,909
34$1,046,964$780,475$712,522$962,351
35$1,092,685$757,649$675,322$970,609
36$1,141,146$731,781$634,952$978,697
37$1,192,566$702,661$591,246$986,636
38$1,247,184$670,067$544,028$994,452
39$1,305,261$633,765$493,118$1,002,180
40$1,367,084$593,506$438,324$1,009,859
41$1,432,967$549,029$379,449$1,017,540
42$1,503,254$500,054$316,284$1,025,283
43$1,578,319$446,290$248,612$1,033,160
44$1,658,575$387,427$176,209$1,041,254
45$1,744,475$323,135$98,837$1,049,665
46$1,836,513$253,070$16,249$1,058,507
47$1,935,233$176,867$0$1,067,915
48$2,041,231$94,138$0$1,101,052
49$2,155,163$4,477$0$1,142,131
50$2,277,745$0$0$1,186,237
51$2,409,769$0$0$1,255,084
52$2,552,098$0$0$1,330,485
53$2,705,686$0$0$1,411,921
54$2,871,579$0$0$1,499,953
55$3,050,924$0$0$1,595,200
56$3,244,986$0$0$1,698,344
57$3,455,153$0$0$1,810,133
58$3,682,950$0$0$1,931,388
59$3,930,057$0$0$2,063,015
60$4,198,320$0$0$2,206,009
61$4,489,768$0$0$2,361,463
62$4,806,636$0$0$2,530,584
63$5,151,380$0$0$2,714,694
64$5,526,703$0$0$2,915,252
65$5,935,581$0$0$3,133,862
66$6,381,286$0$0$3,372,291
67$6,867,422$0$0$3,632,480
68$7,397,954$0$0$3,916,569
69$7,977,248$0$0$4,226,913
70$8,610,107$0$0$4,566,105
71$9,301,822$0$0$4,936,997
72$10,058,217$0$0$5,342,732
73$10,885,703$0$0$5,786,770
74$11,791,342$0$0$6,272,922
75$12,782,908$0$0$6,805,381
76$13,868,963$0$0$7,388,769
77$15,058,935$0$0$8,028,174
78$16,363,206$0$0$8,729,199
79$17,793,214$0$0$9,498,017
80$19,361,552$0$0$10,341,424
81$21,082,095$0$0$11,266,910
82$22,970,121$0$0$12,282,721
83$25,042,461$0$0$13,397,941
84$27,317,656$0$0$14,622,580
85$29,816,129$0$0$15,967,660
86$32,560,375$0$0$17,445,326
87$35,575,180$0$0$19,068,957
88$38,887,844$0$0$20,853,290
89$42,528,446$0$0$22,814,563
90$46,530,122$0$0$24,970,664
91$50,929,377$0$0$27,341,302
92$55,766,432$0$0$29,948,189
93$61,085,597$0$0$32,815,248
94$66,935,694$0$0$35,968,836
95$73,370,510$0$0$39,437,993
96$80,449,310$0$0$43,254,714
97$88,237,390$0$0$47,454,253
98$96,806,695$0$0$52,075,453
99$106,236,496$0$0$57,161,113
100$116,614,136$0$0$62,758,390