Can I retire at age 30 with 805,000?

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 $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%19.2%
1 years$66,476$65,884$65,306$64,742$64,192$61,816
2 years$32,909$32,296$31,702$31,126$30,568$28,201
3 years$21,721$21,106$20,513$19,943$19,393$17,110
4 years$16,129$15,515$14,928$14,368$13,831$11,649
5 years$12,774$12,164$11,585$11,036$10,514$8,439
6 years$10,538$9,933$9,362$8,825$8,320$6,352
7 years$8,942$8,342$7,780$7,256$6,766$4,906
8 years$7,745$7,150$6,598$6,087$5,613$3,859
9 years$6,815$6,226$5,683$5,185$4,727$3,076
10 years$6,071$5,488$4,955$4,469$4,028$2,477
11 years$5,463$4,885$4,362$3,889$3,464$2,011
12 years$4,956$4,385$3,871$3,412$3,002$1,642
13 years$4,528$3,963$3,459$3,012$2,618$1,347
14 years$4,162$3,602$3,108$2,674$2,295$1,110
15 years$3,844$3,290$2,806$2,384$2,020$917
16 years$3,566$3,019$2,544$2,135$1,786$760
17 years$3,322$2,780$2,315$1,918$1,583$631
18 years$3,105$2,569$2,113$1,729$1,408$525
19 years$2,910$2,381$1,934$1,562$1,255$437
20 years$2,736$2,213$1,775$1,415$1,121$365
21 years$2,578$2,061$1,633$1,284$1,003$305
22 years$2,435$1,924$1,505$1,167$899$254
23 years$2,305$1,799$1,390$1,063$807$213
24 years$2,185$1,686$1,285$970$725$178
25 years$2,075$1,582$1,190$886$653$149
26 years$1,974$1,487$1,104$810$588$125
27 years$1,881$1,399$1,025$741$530$104
28 years$1,794$1,319$953$679$478$87
29 years$1,714$1,244$887$623$432$73
30 years$1,639$1,175$826$572$390$61
31 years$1,569$1,110$770$525$353$51
32 years$1,503$1,051$719$482$319$43
33 years$1,442$995$671$444$289$36
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$18
38 years$1,185$766$481$294$176$15
39 years$1,141$729$450$271$160$13
40 years$1,101$693$422$250$145$11
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$3
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 $3,050 every year, while hoping to spend $21,539 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: 56/30/14 Blend
29$805,000$805,000$805,000$805,000
30$890,256$847,591$835,114$936,724
31$958,145$866,206$840,173$987,203
32$1,032,236$885,011$844,679$1,039,552
33$1,113,141$903,992$848,592$1,096,076
34$1,201,529$923,136$851,868$1,157,180
35$1,298,141$942,425$854,461$1,223,307
36$1,403,790$961,843$856,324$1,294,948
37$1,519,372$981,368$857,407$1,372,642
38$1,645,874$1,000,982$857,656$1,456,983
39$1,784,382$1,020,659$857,016$1,548,628
40$1,936,093$1,040,375$855,430$1,648,298
41$2,102,324$1,060,103$852,837$1,756,788
42$2,284,526$1,079,813$849,172$1,874,977
43$2,484,297$1,099,474$844,369$2,003,830
44$2,703,398$1,119,050$838,358$2,144,412
45$2,943,766$1,138,506$831,064$2,297,898
46$3,207,538$1,157,800$822,413$2,465,583
47$3,497,065$1,176,890$812,322$2,648,891
48$3,814,938$1,195,730$800,707$2,849,396
49$4,164,011$1,214,270$787,480$3,068,830
50$4,547,428$1,232,457$772,548$3,309,104
51$4,968,652$1,250,234$755,815$3,572,322
52$5,431,499$1,267,539$737,179$3,860,807
53$5,940,171$1,284,308$716,533$4,177,114
54$6,499,300$1,300,471$693,769$4,524,066
55$7,113,986$1,315,952$668,768$4,904,768
56$7,789,851$1,330,672$641,410$5,322,648
57$8,533,087$1,344,545$611,568$5,781,482
58$9,350,516$1,357,482$579,109$6,285,432
59$10,249,654$1,369,385$543,896$6,839,087
60$11,238,785$1,380,151$505,782$7,447,504
61$12,327,032$1,389,669$464,617$8,116,258
62$13,524,451$1,397,824$420,243$8,851,495
63$14,842,117$1,404,490$372,494$9,659,987
64$16,292,239$1,409,536$321,197$10,549,201
65$17,888,263$1,412,819$266,174$11,527,365
66$19,645,010$1,414,191$207,235$12,603,551
67$21,578,808$1,413,494$144,184$13,787,758
68$23,707,648$1,410,557$76,816$15,091,005
69$26,051,356$1,405,202$4,917$16,525,439
70$28,631,776$1,397,238$0$18,104,451
71$31,472,980$1,386,465$0$19,853,523
72$34,601,489$1,372,668$0$21,779,677
73$38,046,533$1,355,620$0$23,900,142
74$41,840,315$1,335,081$0$26,234,716
75$46,018,323$1,310,796$0$28,805,219
76$50,619,663$1,282,496$0$31,635,699
77$55,687,425$1,249,894$0$34,752,658
78$61,269,091$1,212,689$0$38,185,302
79$67,416,987$1,170,559$0$41,965,822
80$74,188,769$1,123,166$0$46,129,692
81$81,647,973$1,070,150$0$50,716,007
82$89,864,613$1,011,134$0$55,767,855
83$98,915,839$945,715$0$61,332,721
84$108,886,668$873,469$0$67,462,936
85$119,870,787$793,948$0$74,216,176
86$131,971,433$706,676$0$81,655,999
87$145,302,370$611,155$0$89,852,455
88$159,988,963$506,852$0$98,882,742
89$176,169,360$393,211$0$108,831,937
90$193,995,795$269,638$0$119,793,801
91$213,636,027$135,511$0$131,871,665
92$235,274,921$0$0$145,179,404
93$259,116,195$0$0$159,845,763
94$285,384,341$0$0$176,054,471
95$314,326,745$0$0$193,913,457
96$346,216,019$0$0$213,590,954
97$381,352,580$0$0$235,272,353
98$420,067,479$0$0$259,161,951
99$462,725,531$0$0$285,484,880
100$509,728,757$0$0$314,489,234