Can I retire at age 30 with 807,000?

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 $807,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$66,641$66,048$65,469$64,903$64,351$62,517
2 years$32,991$32,376$31,781$31,203$30,643$28,810
3 years$21,775$21,158$20,564$19,992$19,441$17,666
4 years$16,169$15,554$14,966$14,403$13,866$12,162
5 years$12,806$12,194$11,614$11,063$10,541$8,913
6 years$10,564$9,957$9,386$8,847$8,340$6,790
7 years$8,964$8,362$7,800$7,274$6,783$5,311
8 years$7,764$7,168$6,615$6,102$5,627$4,232
9 years$6,832$6,241$5,697$5,197$4,739$3,419
10 years$6,086$5,501$4,967$4,480$4,038$2,792
11 years$5,476$4,897$4,373$3,899$3,473$2,298
12 years$4,969$4,396$3,881$3,420$3,009$1,905
13 years$4,539$3,972$3,467$3,019$2,624$1,587
14 years$4,172$3,611$3,115$2,680$2,300$1,327
15 years$3,854$3,298$2,813$2,390$2,025$1,114
16 years$3,575$3,026$2,550$2,140$1,790$938
17 years$3,330$2,787$2,321$1,923$1,587$792
18 years$3,112$2,575$2,118$1,733$1,411$669
19 years$2,918$2,387$1,939$1,566$1,258$567
20 years$2,743$2,218$1,780$1,418$1,124$481
21 years$2,585$2,066$1,637$1,287$1,005$408
22 years$2,441$1,929$1,509$1,170$901$347
23 years$2,310$1,804$1,393$1,066$809$295
24 years$2,191$1,690$1,288$972$727$251
25 years$2,081$1,586$1,193$888$654$214
26 years$1,979$1,491$1,107$812$589$182
27 years$1,885$1,403$1,028$743$531$156
28 years$1,799$1,322$955$681$479$133
29 years$1,718$1,247$889$624$433$113
30 years$1,643$1,178$828$573$391$97
31 years$1,572$1,113$772$526$354$82
32 years$1,507$1,053$720$484$320$70
33 years$1,445$998$673$445$290$60
34 years$1,387$945$628$409$262$51
35 years$1,333$897$588$377$237$44
36 years$1,282$851$550$347$215$37
37 years$1,233$808$514$320$195$32
38 years$1,188$768$482$295$177$27
39 years$1,144$731$451$272$160$23
40 years$1,103$695$423$251$145$20
41 years$1,064$662$397$231$132$17
42 years$1,027$630$372$213$120$15
43 years$992$600$349$197$109$12
44 years$959$572$328$182$99$11
45 years$927$546$308$168$90$9
46 years$897$521$289$155$81$8
47 years$868$497$272$143$74$7
48 years$840$474$255$132$67$6
49 years$813$453$240$122$61$5
50 years$788$433$225$113$55$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $807,000, adding $3,698 every year, while hoping to spend $30,081 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: 61/28/11 Blend
29$807,000$807,000$807,000$807,000
30$893,128$850,357$837,849$945,093
31$952,222$860,019$833,911$990,059
32$1,016,334$869,146$828,833$1,035,340
33$1,085,946$877,680$822,545$1,084,009
34$1,161,586$885,559$814,973$1,136,395
35$1,243,834$892,719$806,041$1,192,859
36$1,333,331$899,087$795,669$1,253,803
37$1,430,779$904,590$783,772$1,319,667
38$1,536,952$909,149$770,262$1,390,939
39$1,652,702$912,678$755,047$1,468,155
40$1,778,966$915,089$738,030$1,551,909
41$1,916,777$916,284$719,110$1,642,854
42$2,067,270$916,163$698,182$1,741,713
43$2,231,694$914,619$675,134$1,849,282
44$2,411,428$911,536$649,852$1,966,439
45$2,607,985$906,793$622,213$2,094,153
46$2,823,035$900,261$592,093$2,233,495
47$3,058,414$891,803$559,358$2,385,644
48$3,316,147$881,276$523,870$2,551,902
49$3,598,460$868,524$485,486$2,733,706
50$3,907,806$853,386$444,054$2,932,638
51$4,246,889$835,688$399,416$3,150,448
52$4,618,684$815,249$351,408$3,389,064
53$5,026,467$791,874$299,859$3,650,613
54$5,473,851$765,359$244,587$3,937,440
55$5,964,809$735,488$185,407$4,252,134
56$6,503,724$702,031$122,122$4,597,551
57$7,095,418$664,745$54,528$4,976,838
58$7,745,207$623,374$0$5,393,469
59$8,458,946$577,646$0$5,853,341
60$9,243,083$527,276$0$6,365,577
61$10,104,724$471,958$0$6,928,457
62$11,051,696$411,375$0$7,547,149
63$12,092,622$345,185$0$8,227,349
64$13,237,002$273,032$0$8,975,339
65$14,495,304$194,539$0$9,798,044
66$15,879,059$109,305$0$10,703,098
67$17,400,972$16,909$0$11,698,918
68$19,075,040$0$0$12,794,783
69$20,916,688$0$0$14,026,524
70$22,942,907$0$0$15,387,516
71$25,172,421$0$0$16,885,132
72$27,625,860$0$0$18,533,240
73$30,325,953$0$0$20,347,118
74$33,297,748$0$0$22,343,602
75$36,568,839$0$0$24,541,241
76$40,169,636$0$0$26,960,475
77$44,133,643$0$0$29,623,826
78$48,497,781$0$0$32,556,110
79$53,302,729$0$0$35,784,673
80$58,593,315$0$0$39,339,646
81$64,418,932$0$0$43,254,232
82$70,834,008$0$0$47,565,017
83$77,898,519$0$0$52,312,315
84$85,678,553$0$0$57,540,552
85$94,246,934$0$0$63,298,678
86$103,683,908$0$0$69,640,637
87$114,077,902$0$0$76,625,869
88$125,526,359$0$0$84,319,874
89$138,136,652$0$0$92,794,829
90$152,027,103$0$0$102,130,271
91$167,328,096$0$0$112,413,845
92$184,183,309$0$0$123,742,132
93$202,751,068$0$0$136,221,559
94$223,205,841$0$0$149,969,406
95$245,739,887$0$0$165,114,911
96$270,565,069$0$0$181,800,489
97$297,914,849$0$0$200,183,078
98$328,046,500$0$0$220,435,617
99$361,243,526$0$0$242,748,682
100$397,818,341$0$0$267,332,281