Can I retire at age 30 with 804,000?

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 $804,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$66,394$65,802$65,225$64,662$64,112$62,741
2 years$32,868$32,256$31,663$31,088$30,530$29,155
3 years$21,694$21,080$20,488$19,918$19,369$18,034
4 years$16,109$15,496$14,910$14,350$13,814$12,528
5 years$12,758$12,149$11,571$11,022$10,501$9,269
6 years$10,525$9,920$9,351$8,814$8,309$7,131
7 years$8,931$8,331$7,771$7,247$6,758$5,634
8 years$7,736$7,141$6,590$6,079$5,606$4,537
9 years$6,806$6,218$5,676$5,178$4,721$3,706
10 years$6,063$5,481$4,949$4,464$4,023$3,060
11 years$5,456$4,879$4,357$3,885$3,460$2,548
12 years$4,950$4,379$3,866$3,407$2,998$2,137
13 years$4,523$3,958$3,454$3,008$2,614$1,802
14 years$4,156$3,597$3,104$2,670$2,292$1,526
15 years$3,839$3,286$2,802$2,381$2,018$1,297
16 years$3,562$3,015$2,541$2,132$1,783$1,106
17 years$3,318$2,777$2,312$1,916$1,581$946
18 years$3,101$2,566$2,110$1,727$1,406$810
19 years$2,907$2,378$1,932$1,560$1,253$696
20 years$2,733$2,210$1,773$1,413$1,119$598
21 years$2,575$2,058$1,631$1,282$1,002$515
22 years$2,432$1,921$1,503$1,166$898$444
23 years$2,302$1,797$1,388$1,062$806$383
24 years$2,182$1,684$1,284$969$724$331
25 years$2,073$1,580$1,189$884$652$286
26 years$1,972$1,485$1,103$809$587$247
27 years$1,878$1,398$1,024$740$529$214
28 years$1,792$1,317$952$678$478$185
29 years$1,712$1,242$886$622$431$160
30 years$1,637$1,173$825$571$390$139
31 years$1,567$1,109$769$524$352$120
32 years$1,501$1,049$718$482$319$104
33 years$1,440$994$670$443$288$90
34 years$1,382$942$626$408$261$78
35 years$1,328$893$585$375$237$68
36 years$1,277$848$548$346$214$59
37 years$1,229$805$513$318$194$51
38 years$1,183$765$480$293$176$44
39 years$1,140$728$450$271$160$38
40 years$1,099$692$421$250$145$33
41 years$1,060$659$395$230$131$29
42 years$1,024$628$371$213$119$25
43 years$989$598$348$196$108$22
44 years$955$570$327$181$98$19
45 years$924$544$307$167$89$16
46 years$893$519$288$155$81$14
47 years$864$495$271$143$74$12
48 years$837$473$254$132$67$11
49 years$810$451$239$122$61$9
50 years$785$431$225$113$55$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $804,000, adding $3,519 every year, while hoping to spend $24,039 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: 36/48/16 Blend
29$804,000$804,000$804,000$804,000
30$889,638$847,026$834,564$917,197
31$954,804$862,953$836,944$953,379
32$1,025,811$878,854$838,599$989,882
33$1,103,229$894,704$839,478$1,028,776
34$1,187,687$910,474$839,529$1,070,287
35$1,279,876$926,131$838,698$1,114,664
36$1,380,556$941,644$836,927$1,162,184
37$1,490,564$956,976$834,155$1,213,150
38$1,610,822$972,089$830,321$1,267,898
39$1,742,346$986,941$825,356$1,326,800
40$1,886,253$1,001,489$819,193$1,390,264
41$2,043,773$1,015,684$811,758$1,458,743
42$2,216,262$1,029,476$802,976$1,532,737
43$2,405,211$1,042,811$792,766$1,612,798
44$2,612,264$1,055,630$781,045$1,699,533
45$2,839,230$1,067,872$767,726$1,793,616
46$3,088,104$1,079,470$752,717$1,895,788
47$3,361,079$1,090,353$735,922$2,006,870
48$3,660,575$1,100,446$717,241$2,127,766
49$3,989,255$1,109,668$696,569$2,259,474
50$4,350,051$1,117,935$673,797$2,403,099
51$4,746,197$1,125,154$648,810$2,559,856
52$5,181,251$1,131,228$621,487$2,731,089
53$5,659,135$1,136,055$591,703$2,918,282
54$6,184,170$1,139,525$559,328$3,123,072
55$6,761,114$1,141,520$524,224$3,347,265
56$7,395,210$1,141,917$486,248$3,592,855
57$8,092,234$1,140,584$445,251$3,862,043
58$8,858,551$1,137,382$401,075$4,157,257
59$9,701,170$1,132,161$353,559$4,481,177
60$10,627,817$1,124,764$302,530$4,836,759
61$11,647,001$1,115,024$247,812$5,227,268
62$12,768,099$1,102,764$189,217$5,656,301
63$14,001,442$1,087,796$126,553$6,127,832
64$15,358,412$1,069,921$59,615$6,646,243
65$16,851,551$1,048,928$0$7,216,367
66$18,494,677$1,024,594$0$7,845,557
67$20,303,017$996,682$0$8,548,669
68$22,293,347$964,941$0$9,322,045
69$24,484,152$929,107$0$10,172,885
70$26,895,801$888,899$0$11,109,128
71$29,550,738$844,020$0$12,139,527
72$32,473,693$794,156$0$13,273,737
73$35,691,915$738,976$0$14,522,399
74$39,235,432$678,127$0$15,897,249
75$43,137,331$611,240$0$17,411,226
76$47,434,070$537,922$0$19,078,596
77$52,165,823$457,758$0$20,915,089
78$57,376,859$370,311$0$22,938,045
79$63,115,960$275,117$0$25,166,584
80$69,436,879$171,689$0$27,621,785
81$76,398,849$59,510$0$30,326,886
82$84,067,142$0$0$33,307,507
83$92,513,682$0$0$36,624,622
84$101,817,728$0$0$40,313,285
85$112,066,617$0$0$44,376,709
86$123,356,592$0$0$48,853,074
87$135,793,709$0$0$53,784,451
88$149,494,837$0$0$59,217,202
89$164,588,760$0$0$65,202,416
90$181,217,394$0$0$71,796,390
91$199,537,128$0$0$79,061,166
92$219,720,295$0$0$87,065,107
93$241,956,801$0$0$95,883,550
94$266,455,920$0$0$105,599,516
95$293,448,264$0$0$116,304,489
96$323,187,964$0$0$128,099,285
97$355,955,063$0$0$141,095,000
98$392,058,168$0$0$155,414,059
99$431,837,354$0$0$171,191,375
100$475,667,378$0$0$188,575,617