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%13.8%
1 years$66,476$65,884$65,306$64,742$64,192$63,180
2 years$32,909$32,296$31,702$31,126$30,568$29,551
3 years$21,721$21,106$20,513$19,943$19,393$18,404
4 years$16,129$15,515$14,928$14,368$13,831$12,876
5 years$12,774$12,164$11,585$11,036$10,514$9,596
6 years$10,538$9,933$9,362$8,825$8,320$7,440
7 years$8,942$8,342$7,780$7,256$6,766$5,924
8 years$7,745$7,150$6,598$6,087$5,613$4,810
9 years$6,815$6,226$5,683$5,185$4,727$3,961
10 years$6,071$5,488$4,955$4,469$4,028$3,299
11 years$5,463$4,885$4,362$3,889$3,464$2,772
12 years$4,956$4,385$3,871$3,412$3,002$2,345
13 years$4,528$3,963$3,459$3,012$2,618$1,996
14 years$4,162$3,602$3,108$2,674$2,295$1,706
15 years$3,844$3,290$2,806$2,384$2,020$1,465
16 years$3,566$3,019$2,544$2,135$1,786$1,261
17 years$3,322$2,780$2,315$1,918$1,583$1,089
18 years$3,105$2,569$2,113$1,729$1,408$943
19 years$2,910$2,381$1,934$1,562$1,255$818
20 years$2,736$2,213$1,775$1,415$1,121$711
21 years$2,578$2,061$1,633$1,284$1,003$618
22 years$2,435$1,924$1,505$1,167$899$539
23 years$2,305$1,799$1,390$1,063$807$470
24 years$2,185$1,686$1,285$970$725$410
25 years$2,075$1,582$1,190$886$653$358
26 years$1,974$1,487$1,104$810$588$313
27 years$1,881$1,399$1,025$741$530$274
28 years$1,794$1,319$953$679$478$240
29 years$1,714$1,244$887$623$432$210
30 years$1,639$1,175$826$572$390$184
31 years$1,569$1,110$770$525$353$161
32 years$1,503$1,051$719$482$319$142
33 years$1,442$995$671$444$289$124
34 years$1,384$943$627$408$261$109
35 years$1,330$895$586$376$237$96
36 years$1,279$849$548$346$215$84
37 years$1,230$806$513$319$194$74
38 years$1,185$766$481$294$176$65
39 years$1,141$729$450$271$160$57
40 years$1,101$693$422$250$145$50
41 years$1,062$660$396$231$132$44
42 years$1,025$629$371$213$119$38
43 years$990$599$348$196$108$34
44 years$956$571$327$181$98$30
45 years$925$544$307$168$89$26
46 years$894$519$288$155$81$23
47 years$865$496$271$143$74$20
48 years$838$473$255$132$67$18
49 years$811$452$239$122$61$15
50 years$786$432$225$113$55$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $805,000, adding $4,220 every year, while hoping to spend $33,166 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: 29/43/28 Blend
29$805,000$805,000$805,000$805,000
30$891,463$848,798$836,320$909,514
31$947,104$855,101$829,049$930,414
32$1,007,308$860,601$820,422$949,706
33$1,072,507$865,224$810,360$969,784
34$1,143,174$868,890$798,777$990,741
35$1,219,828$871,517$785,587$1,012,679
36$1,303,043$873,013$770,697$1,035,715
37$1,393,448$873,285$754,009$1,059,978
38$1,491,735$872,232$735,424$1,085,615
39$1,598,666$869,745$714,835$1,112,792
40$1,715,080$865,712$692,132$1,141,692
41$1,841,898$860,013$667,198$1,172,522
42$1,980,136$852,518$639,914$1,205,515
43$2,130,911$843,092$610,152$1,240,929
44$2,295,452$831,591$577,780$1,279,055
45$2,475,113$817,864$542,660$1,320,216
46$2,671,383$801,748$504,648$1,364,773
47$2,885,902$783,072$463,592$1,413,131
48$3,120,477$761,655$419,335$1,465,738
49$3,377,095$737,306$371,713$1,523,097
50$3,657,946$709,821$320,552$1,585,765
51$3,965,439$678,985$265,673$1,654,364
52$4,302,230$644,571$206,889$1,729,586
53$4,671,242$606,339$144,004$1,812,200
54$5,075,693$564,035$76,813$1,903,061
55$5,519,130$517,389$5,103$2,003,118
56$6,005,458$466,117$0$2,113,428
57$6,538,978$409,920$0$2,256,502
58$7,124,426$348,479$0$2,415,315
59$7,767,023$281,460$0$2,589,856
60$8,472,515$208,507$0$2,781,803
61$9,247,235$129,248$0$2,993,010
62$10,098,159$43,286$0$3,225,527
63$11,032,969$0$0$3,481,620
64$12,060,130$0$0$3,787,358
65$13,188,969$0$0$4,146,008
66$14,429,759$0$0$4,540,369
67$15,793,818$0$0$4,974,055
68$17,293,616$0$0$5,451,050
69$18,942,891$0$0$5,975,743
70$20,756,781$0$0$6,552,968
71$22,751,961$0$0$7,188,053
72$24,946,806$0$0$7,886,866
73$27,361,561$0$0$8,655,876
74$30,018,531$0$0$9,502,208
75$32,942,295$0$0$10,433,714
76$36,159,931$0$0$11,459,046
77$39,701,278$0$0$12,587,736
78$43,599,213$0$0$13,830,288
79$47,889,963$0$0$15,198,277
80$52,613,443$0$0$16,704,455
81$57,813,637$0$0$18,362,876
82$63,539,010$0$0$20,189,025
83$69,842,965$0$0$22,199,964
84$76,784,348$0$0$24,414,497
85$84,427,999$0$0$26,853,342
86$92,845,370$0$0$29,539,328
87$102,115,193$0$0$32,497,614
88$112,324,225$0$0$35,755,921
89$123,568,066$0$0$39,344,797
90$135,952,063$0$0$43,297,904
91$149,592,299$0$0$47,652,337
92$164,616,692$0$0$52,448,970
93$181,166,202$0$0$57,732,847
94$199,396,158$0$0$63,553,602
95$219,477,727$0$0$69,965,933
96$241,599,524$0$0$77,030,112
97$265,969,400$0$0$84,812,559
98$292,816,395$0$0$93,386,464
99$322,392,904$0$0$102,832,483
100$354,977,059$0$0$113,239,495