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%
1 years$66,641$66,048$65,469$64,903$64,351$62,492
2 years$32,991$32,376$31,781$31,203$30,643$28,785
3 years$21,775$21,158$20,564$19,992$19,441$17,642
4 years$16,169$15,554$14,966$14,403$13,866$12,139
5 years$12,806$12,194$11,614$11,063$10,541$8,891
6 years$10,564$9,957$9,386$8,847$8,340$6,770
7 years$8,964$8,362$7,800$7,274$6,783$5,292
8 years$7,764$7,168$6,615$6,102$5,627$4,215
9 years$6,832$6,241$5,697$5,197$4,739$3,403
10 years$6,086$5,501$4,967$4,480$4,038$2,777
11 years$5,476$4,897$4,373$3,899$3,473$2,285
12 years$4,969$4,396$3,881$3,420$3,009$1,892
13 years$4,539$3,972$3,467$3,019$2,624$1,575
14 years$4,172$3,611$3,115$2,680$2,300$1,317
15 years$3,854$3,298$2,813$2,390$2,025$1,105
16 years$3,575$3,026$2,550$2,140$1,790$929
17 years$3,330$2,787$2,321$1,923$1,587$784
18 years$3,112$2,575$2,118$1,733$1,411$662
19 years$2,918$2,387$1,939$1,566$1,258$560
20 years$2,743$2,218$1,780$1,418$1,124$475
21 years$2,585$2,066$1,637$1,287$1,005$403
22 years$2,441$1,929$1,509$1,170$901$342
23 years$2,310$1,804$1,393$1,066$809$291
24 years$2,191$1,690$1,288$972$727$247
25 years$2,081$1,586$1,193$888$654$211
26 years$1,979$1,491$1,107$812$589$179
27 years$1,885$1,403$1,028$743$531$153
28 years$1,799$1,322$955$681$479$130
29 years$1,718$1,247$889$624$433$111
30 years$1,643$1,178$828$573$391$95
31 years$1,572$1,113$772$526$354$81
32 years$1,507$1,053$720$484$320$69
33 years$1,445$998$673$445$290$59
34 years$1,387$945$628$409$262$50
35 years$1,333$897$588$377$237$43
36 years$1,282$851$550$347$215$36
37 years$1,233$808$514$320$195$31
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$19
41 years$1,064$662$397$231$132$17
42 years$1,027$630$372$213$120$14
43 years$992$600$349$197$109$12
44 years$959$572$328$182$99$10
45 years$927$546$308$168$90$9
46 years$897$521$289$155$81$8
47 years$868$497$272$143$74$6
48 years$840$474$255$132$67$5
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 $2,403 every year, while hoping to spend $54,952 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: 44/50/6 Blend
29$807,000$807,000$807,000$807,000
30$891,793$849,022$836,513$929,420
31$924,287$832,155$806,068$938,792
32$958,254$812,621$772,761$943,082
33$993,786$790,229$736,438$946,450
34$1,030,982$764,781$696,939$948,828
35$1,069,952$736,064$654,096$950,149
36$1,110,811$703,855$607,732$950,342
37$1,153,687$667,917$557,664$949,331
38$1,198,718$628,000$503,701$947,041
39$1,246,053$583,838$445,642$943,393
40$1,295,857$535,153$383,277$938,308
41$1,348,306$481,646$316,388$931,701
42$1,403,593$423,007$244,747$923,489
43$1,461,929$358,904$168,115$913,586
44$1,523,543$288,987$86,244$901,904
45$1,588,685$212,889$0$888,355
46$1,657,628$130,218$0$872,923
47$1,730,671$40,563$0$861,344
48$1,808,140$0$0$848,021
49$1,890,389$0$0$863,977
50$1,977,810$0$0$904,707
51$2,070,827$0$0$948,099
52$2,169,908$0$0$994,377
53$2,275,562$0$0$1,043,787
54$2,388,349$0$0$1,096,598
55$2,508,881$0$0$1,153,106
56$2,637,832$0$0$1,213,634
57$2,775,935$0$0$1,278,538
58$2,924,001$0$0$1,348,207
59$3,082,914$0$0$1,423,069
60$3,253,647$0$0$1,503,593
61$3,437,267$0$0$1,590,295
62$3,634,947$0$0$1,683,740
63$3,847,973$0$0$1,784,551
64$4,077,760$0$0$1,893,410
65$4,325,859$0$0$2,011,068
66$4,593,977$0$0$2,138,350
67$4,883,990$0$0$2,276,163
68$5,197,960$0$0$2,425,503
69$5,538,152$0$0$2,587,467
70$5,907,059$0$0$2,763,259
71$6,307,421$0$0$2,954,207
72$6,742,252$0$0$3,161,767
73$7,214,867$0$0$3,387,545
74$7,728,913$0$0$3,633,305
75$8,288,403$0$0$3,900,991
76$8,897,752$0$0$4,192,738
77$9,561,818$0$0$4,510,900
78$10,285,949$0$0$4,858,066
79$11,076,029$0$0$5,237,084
80$11,938,536$0$0$5,651,093
81$12,880,601$0$0$6,103,544
82$13,910,072$0$0$6,598,241
83$15,035,593$0$0$7,139,370
84$16,266,677$0$0$7,731,539
85$17,613,802$0$0$8,379,824
86$19,088,503$0$0$9,089,813
87$20,703,484$0$0$9,867,662
88$22,472,734$0$0$10,720,147
89$24,411,658$0$0$11,654,735
90$26,537,223$0$0$12,679,647
91$28,868,116$0$0$13,803,937
92$31,424,920$0$0$15,037,581
93$34,230,304$0$0$16,391,564
94$37,309,239$0$0$17,877,987
95$40,689,229$0$0$19,510,183
96$44,400,573$0$0$21,302,834
97$48,476,647$0$0$23,272,118
98$52,954,218$0$0$25,435,856
99$57,873,790$0$0$27,813,679
100$63,279,982$0$0$30,427,217