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%11.3%
1 years$66,476$65,884$65,306$64,742$64,192$63,841
2 years$32,909$32,296$31,702$31,126$30,568$30,213
3 years$21,721$21,106$20,513$19,943$19,393$19,047
4 years$16,129$15,515$14,928$14,368$13,831$13,496
5 years$12,774$12,164$11,585$11,036$10,514$10,190
6 years$10,538$9,933$9,362$8,825$8,320$8,007
7 years$8,942$8,342$7,780$7,256$6,766$6,466
8 years$7,745$7,150$6,598$6,087$5,613$5,325
9 years$6,815$6,226$5,683$5,185$4,727$4,451
10 years$6,071$5,488$4,955$4,469$4,028$3,763
11 years$5,463$4,885$4,362$3,889$3,464$3,211
12 years$4,956$4,385$3,871$3,412$3,002$2,760
13 years$4,528$3,963$3,459$3,012$2,618$2,387
14 years$4,162$3,602$3,108$2,674$2,295$2,075
15 years$3,844$3,290$2,806$2,384$2,020$1,812
16 years$3,566$3,019$2,544$2,135$1,786$1,587
17 years$3,322$2,780$2,315$1,918$1,583$1,395
18 years$3,105$2,569$2,113$1,729$1,408$1,229
19 years$2,910$2,381$1,934$1,562$1,255$1,086
20 years$2,736$2,213$1,775$1,415$1,121$961
21 years$2,578$2,061$1,633$1,284$1,003$852
22 years$2,435$1,924$1,505$1,167$899$756
23 years$2,305$1,799$1,390$1,063$807$672
24 years$2,185$1,686$1,285$970$725$598
25 years$2,075$1,582$1,190$886$653$533
26 years$1,974$1,487$1,104$810$588$475
27 years$1,881$1,399$1,025$741$530$424
28 years$1,794$1,319$953$679$478$379
29 years$1,714$1,244$887$623$432$339
30 years$1,639$1,175$826$572$390$303
31 years$1,569$1,110$770$525$353$271
32 years$1,503$1,051$719$482$319$242
33 years$1,442$995$671$444$289$217
34 years$1,384$943$627$408$261$194
35 years$1,330$895$586$376$237$174
36 years$1,279$849$548$346$215$156
37 years$1,230$806$513$319$194$140
38 years$1,185$766$481$294$176$126
39 years$1,141$729$450$271$160$113
40 years$1,101$693$422$250$145$101
41 years$1,062$660$396$231$132$91
42 years$1,025$629$371$213$119$81
43 years$990$599$348$196$108$73
44 years$956$571$327$181$98$66
45 years$925$544$307$168$89$59
46 years$894$519$288$155$81$53
47 years$865$496$271$143$74$47
48 years$838$473$255$132$67$43
49 years$811$452$239$122$61$38
50 years$786$432$225$113$55$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $805,000, adding $2,764 every year, while hoping to spend $25,553 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: 55/40/5 Blend
29$805,000$805,000$805,000$805,000
30$889,961$847,296$834,819$937,849
31$953,549$861,625$835,597$984,767
32$1,022,766$875,800$835,545$1,032,731
33$1,098,160$889,787$834,607$1,084,316
34$1,180,333$903,547$832,727$1,139,868
35$1,269,948$917,041$829,845$1,199,770
36$1,367,734$930,228$825,896$1,264,442
37$1,474,494$943,060$820,814$1,334,349
38$1,591,112$955,490$814,531$1,410,001
39$1,718,561$967,464$806,974$1,491,964
40$1,857,913$978,928$798,065$1,580,860
41$2,010,345$989,821$787,726$1,677,374
42$2,177,158$1,000,080$775,873$1,782,262
43$2,359,782$1,009,637$762,418$1,896,358
44$2,559,790$1,018,420$747,269$2,020,581
45$2,778,918$1,026,352$730,332$2,155,947
46$3,019,074$1,033,350$711,505$2,303,571
47$3,282,363$1,039,327$690,683$2,464,688
48$3,571,101$1,044,191$667,758$2,640,657
49$3,887,838$1,047,841$642,613$2,832,977
50$4,235,387$1,050,174$615,129$3,043,300
51$4,616,841$1,051,078$585,181$3,273,450
52$5,035,611$1,050,433$552,637$3,525,438
53$5,495,453$1,048,114$517,360$3,801,479
54$6,000,505$1,043,987$479,207$4,104,019
55$6,555,324$1,037,910$438,028$4,435,752
56$7,164,932$1,029,732$393,667$4,799,651
57$7,834,860$1,019,294$345,960$5,198,994
58$8,571,203$1,006,427$294,737$5,637,393
59$9,380,674$990,950$239,819$6,118,835
60$10,270,670$972,674$181,020$6,647,712
61$11,249,340$951,397$118,146$7,228,871
62$12,325,664$926,906$50,995$7,867,652
63$13,509,532$898,976$0$8,569,946
64$14,811,844$867,366$0$9,343,350
65$16,244,610$831,823$0$10,196,897
66$17,821,058$792,081$0$11,135,770
67$19,555,769$747,856$0$12,168,686
68$21,464,805$698,848$0$13,305,256
69$23,565,864$644,741$0$14,556,074
70$25,878,448$585,199$0$15,932,819
71$28,424,045$519,869$0$17,448,367
72$31,226,332$448,377$0$19,116,911
73$34,311,397$370,327$0$20,954,098
74$37,707,989$285,302$0$22,977,176
75$41,447,783$192,861$0$25,205,161
76$45,565,683$92,538$0$27,659,011
77$50,100,152$0$0$30,361,832
78$55,093,570$0$0$33,346,206
79$60,592,637$0$0$36,677,742
80$66,648,815$0$0$40,346,896
81$73,318,807$0$0$44,388,036
82$80,665,101$0$0$48,839,035
83$88,756,552$0$0$53,741,623
84$97,669,035$0$0$59,141,786
85$107,486,159$0$0$65,090,200
86$118,300,059$0$0$71,642,704
87$130,212,262$0$0$78,860,832
88$143,334,645$0$0$86,812,393
89$157,790,495$0$0$95,572,107
90$173,715,666$0$0$105,222,315
91$191,259,867$0$0$115,853,753
92$210,588,070$0$0$127,566,408
93$231,882,070$0$0$140,470,464
94$255,342,200$0$0$154,687,341
95$281,189,220$0$0$170,350,840
96$309,666,403$0$0$187,608,405
97$341,041,829$0$0$206,622,518
98$375,610,916$0$0$227,572,229
99$413,699,209$0$0$250,654,849
100$455,665,451$0$0$276,087,808