Can I retire at age 30 with 805,000?

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 $805,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$66,476$65,884$65,306$64,742$64,192$61,791
2 years$32,909$32,296$31,702$31,126$30,568$28,177
3 years$21,721$21,106$20,513$19,943$19,393$17,087
4 years$16,129$15,515$14,928$14,368$13,831$11,628
5 years$12,774$12,164$11,585$11,036$10,514$8,419
6 years$10,538$9,933$9,362$8,825$8,320$6,333
7 years$8,942$8,342$7,780$7,256$6,766$4,889
8 years$7,745$7,150$6,598$6,087$5,613$3,843
9 years$6,815$6,226$5,683$5,185$4,727$3,062
10 years$6,071$5,488$4,955$4,469$4,028$2,464
11 years$5,463$4,885$4,362$3,889$3,464$1,999
12 years$4,956$4,385$3,871$3,412$3,002$1,631
13 years$4,528$3,963$3,459$3,012$2,618$1,338
14 years$4,162$3,602$3,108$2,674$2,295$1,101
15 years$3,844$3,290$2,806$2,384$2,020$909
16 years$3,566$3,019$2,544$2,135$1,786$753
17 years$3,322$2,780$2,315$1,918$1,583$625
18 years$3,105$2,569$2,113$1,729$1,408$519
19 years$2,910$2,381$1,934$1,562$1,255$432
20 years$2,736$2,213$1,775$1,415$1,121$360
21 years$2,578$2,061$1,633$1,284$1,003$300
22 years$2,435$1,924$1,505$1,167$899$251
23 years$2,305$1,799$1,390$1,063$807$210
24 years$2,185$1,686$1,285$970$725$175
25 years$2,075$1,582$1,190$886$653$146
26 years$1,974$1,487$1,104$810$588$123
27 years$1,881$1,399$1,025$741$530$103
28 years$1,794$1,319$953$679$478$86
29 years$1,714$1,244$887$623$432$72
30 years$1,639$1,175$826$572$390$60
31 years$1,569$1,110$770$525$353$50
32 years$1,503$1,051$719$482$319$42
33 years$1,442$995$671$444$289$35
34 years$1,384$943$627$408$261$30
35 years$1,330$895$586$376$237$25
36 years$1,279$849$548$346$215$21
37 years$1,230$806$513$319$194$17
38 years$1,185$766$481$294$176$15
39 years$1,141$729$450$271$160$12
40 years$1,101$693$422$250$145$10
41 years$1,062$660$396$231$132$9
42 years$1,025$629$371$213$119$7
43 years$990$599$348$196$108$6
44 years$956$571$327$181$98$5
45 years$925$544$307$168$89$4
46 years$894$519$288$155$81$4
47 years$865$496$271$143$74$3
48 years$838$473$255$132$67$2
49 years$811$452$239$122$61$2
50 years$786$432$225$113$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $805,000, adding $6,514 every year, while hoping to spend $23,983 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: 79/13/8 Blend
29$805,000$805,000$805,000$805,000
30$893,829$851,164$838,687$962,963
31$959,482$867,354$841,265$1,025,430
32$1,031,028$883,532$843,126$1,090,148
33$1,109,042$899,675$844,220$1,160,432
34$1,194,158$915,753$844,495$1,236,825
35$1,287,074$931,737$843,898$1,319,925
36$1,388,558$947,594$842,370$1,410,392
37$1,499,454$963,289$839,853$1,508,952
38$1,620,693$978,785$836,283$1,616,406
39$1,753,300$994,042$831,595$1,733,633
40$1,898,403$1,009,016$825,720$1,861,606
41$2,057,244$1,023,662$818,585$2,001,392
42$2,231,190$1,037,929$810,115$2,154,169
43$2,421,749$1,051,764$800,231$2,321,237
44$2,630,578$1,065,111$788,849$2,504,023
45$2,859,504$1,077,910$775,883$2,704,103
46$3,110,541$1,090,094$761,242$2,923,212
47$3,385,903$1,101,595$744,831$3,163,263
48$3,688,031$1,112,340$726,549$3,426,362
49$4,019,615$1,122,250$706,293$3,714,831
50$4,383,616$1,131,240$683,954$4,031,228
51$4,783,296$1,139,222$659,418$4,378,371
52$5,222,249$1,146,100$632,565$4,759,366
53$5,704,433$1,151,774$603,270$5,177,636
54$6,234,209$1,156,135$571,404$5,636,951
55$6,816,383$1,159,070$536,830$6,141,469
56$7,456,246$1,160,456$499,406$6,695,767
57$8,159,630$1,160,165$458,983$7,304,893
58$8,932,958$1,158,059$415,405$7,974,409
59$9,783,309$1,153,993$368,510$8,710,442
60$10,718,480$1,147,813$318,129$9,519,747
61$11,747,063$1,139,354$264,084$10,409,766
62$12,878,523$1,128,442$206,191$11,388,700
63$14,123,290$1,114,893$144,256$12,465,589
64$15,492,854$1,098,511$78,077$13,650,393
65$16,999,877$1,079,090$7,445$14,954,090
66$18,658,310$1,056,410$0$16,388,775
67$20,483,522$1,030,239$0$17,973,580
68$22,492,451$1,000,330$0$19,718,452
69$24,703,758$966,424$0$21,638,965
70$27,138,007$928,244$0$23,752,985
71$29,817,855$885,499$0$26,080,197
72$32,768,268$837,880$0$28,642,293
73$36,016,756$785,062$0$31,463,179
74$39,593,633$726,698$0$34,569,198
75$43,532,301$662,424$0$37,989,380
76$47,869,568$591,854$0$41,755,715
77$52,645,990$514,581$0$45,903,458
78$57,906,259$430,174$0$50,471,456
79$63,699,623$338,178$0$55,502,521
80$70,080,348$238,112$0$61,043,831
81$77,108,233$129,469$0$67,147,377
82$84,849,172$11,712$0$73,870,452
83$93,375,778$0$0$81,276,194
84$102,768,066$0$0$89,450,734
85$113,114,208$0$0$98,457,340
86$124,511,365$0$0$108,378,922
87$137,066,608$0$0$119,308,692
88$150,897,920$0$0$131,349,365
89$166,135,317$0$0$144,614,129
90$182,922,072$0$0$159,227,714
91$201,416,066$0$0$175,327,567
92$221,791,280$0$0$193,065,151
93$244,239,434$0$0$212,607,376
94$268,971,802$0$0$234,138,169
95$296,221,200$0$0$257,860,216
96$326,244,186$0$0$283,996,870
97$359,323,482$0$0$312,794,262
98$395,770,641$0$0$344,523,625
99$435,928,990$0$0$379,483,849
100$480,176,867$0$0$418,004,309