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%12.3%
1 years$66,641$66,048$65,469$64,903$64,351$63,732
2 years$32,991$32,376$31,781$31,203$30,643$30,020
3 years$21,775$21,158$20,564$19,992$19,441$18,833
4 years$16,169$15,554$14,966$14,403$13,866$13,277
5 years$12,806$12,194$11,614$11,063$10,541$9,972
6 years$10,564$9,957$9,386$8,847$8,340$7,794
7 years$8,964$8,362$7,800$7,274$6,783$6,259
8 years$7,764$7,168$6,615$6,102$5,627$5,125
9 years$6,832$6,241$5,697$5,197$4,739$4,259
10 years$6,086$5,501$4,967$4,480$4,038$3,579
11 years$5,476$4,897$4,373$3,899$3,473$3,036
12 years$4,969$4,396$3,881$3,420$3,009$2,593
13 years$4,539$3,972$3,467$3,019$2,624$2,228
14 years$4,172$3,611$3,115$2,680$2,300$1,924
15 years$3,854$3,298$2,813$2,390$2,025$1,669
16 years$3,575$3,026$2,550$2,140$1,790$1,452
17 years$3,330$2,787$2,321$1,923$1,587$1,267
18 years$3,112$2,575$2,118$1,733$1,411$1,109
19 years$2,918$2,387$1,939$1,566$1,258$972
20 years$2,743$2,218$1,780$1,418$1,124$854
21 years$2,585$2,066$1,637$1,287$1,005$752
22 years$2,441$1,929$1,509$1,170$901$662
23 years$2,310$1,804$1,393$1,066$809$584
24 years$2,191$1,690$1,288$972$727$516
25 years$2,081$1,586$1,193$888$654$456
26 years$1,979$1,491$1,107$812$589$404
27 years$1,885$1,403$1,028$743$531$358
28 years$1,799$1,322$955$681$479$317
29 years$1,718$1,247$889$624$433$281
30 years$1,643$1,178$828$573$391$249
31 years$1,572$1,113$772$526$354$221
32 years$1,507$1,053$720$484$320$196
33 years$1,445$998$673$445$290$174
34 years$1,387$945$628$409$262$155
35 years$1,333$897$588$377$237$138
36 years$1,282$851$550$347$215$122
37 years$1,233$808$514$320$195$109
38 years$1,188$768$482$295$177$97
39 years$1,144$731$451$272$160$86
40 years$1,103$695$423$251$145$76
41 years$1,064$662$397$231$132$68
42 years$1,027$630$372$213$120$60
43 years$992$600$349$197$109$54
44 years$959$572$328$182$99$48
45 years$927$546$308$168$90$43
46 years$897$521$289$155$81$38
47 years$868$497$272$143$74$34
48 years$840$474$255$132$67$30
49 years$813$453$240$122$61$27
50 years$788$433$225$113$55$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $807,000, adding $5,251 every year, while hoping to spend $28,401 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: 52/20/28 Blend
29$807,000$807,000$807,000$807,000
30$894,730$851,959$839,451$933,987
31$955,774$863,487$837,354$973,352
32$1,022,093$874,628$834,235$1,012,859
33$1,094,194$885,332$830,030$1,055,276
34$1,172,637$895,548$824,671$1,100,893
35$1,258,037$905,221$818,088$1,150,029
36$1,351,069$914,289$810,206$1,203,040
37$1,452,479$922,690$800,949$1,260,317
38$1,563,087$930,357$790,236$1,322,290
39$1,683,794$937,216$777,981$1,389,438
40$1,815,592$943,192$764,095$1,462,288
41$1,959,577$948,202$748,486$1,541,421
42$2,116,949$952,159$731,056$1,627,482
43$2,289,034$954,972$711,703$1,721,180
44$2,477,292$956,541$690,320$1,823,301
45$2,683,327$956,763$666,797$1,934,709
46$2,908,907$955,526$641,017$2,056,362
47$3,155,982$952,713$612,857$2,189,316
48$3,426,695$948,198$582,190$2,334,737
49$3,723,407$941,849$548,883$2,493,911
50$4,048,721$933,526$512,797$2,668,260
51$4,405,501$923,079$473,786$2,859,352
52$4,796,902$910,351$431,698$3,068,919
53$5,226,401$895,172$386,374$3,298,871
54$5,697,825$877,367$337,649$3,551,316
55$6,215,392$856,747$285,349$3,828,582
56$6,783,747$833,112$229,293$4,133,237
57$7,408,007$806,253$169,293$4,468,114
58$8,093,810$775,946$105,150$4,836,341
59$8,847,366$741,954$36,660$5,241,366
60$9,675,516$704,029$0$5,686,996
61$10,585,797$661,905$0$6,188,314
62$11,586,514$615,303$0$6,751,463
63$12,686,814$563,929$0$7,370,660
64$13,896,777$507,469$0$8,051,614
65$15,227,506$445,593$0$8,800,619
66$16,691,238$377,954$0$9,624,612
67$18,301,453$304,182$0$10,531,240
68$20,073,002$223,887$0$11,528,931
69$22,022,250$136,660$0$12,626,976
70$24,167,228$42,065$0$13,835,617
71$26,527,803$0$0$15,166,140
72$29,125,866$0$0$16,644,271
73$31,985,536$0$0$18,281,527
74$35,133,391$0$0$20,083,879
75$38,598,715$0$0$22,068,106
76$42,413,776$0$0$24,252,698
77$46,614,130$0$0$26,658,028
78$51,238,956$0$0$29,306,546
79$56,331,425$0$0$32,222,988
80$61,939,108$0$0$35,434,614
81$68,114,424$0$0$38,971,459
82$74,915,134$0$0$42,866,622
83$82,404,887$0$0$47,156,573
84$90,653,820$0$0$51,881,503
85$99,739,218$0$0$57,085,697
86$109,746,247$0$0$62,817,955
87$120,768,751$0$0$69,132,053
88$132,910,145$0$0$76,087,250
89$146,284,386$0$0$83,748,844
90$161,017,047$0$0$92,188,792
91$177,246,507$0$0$101,486,389
92$195,125,251$0$0$111,729,012
93$214,821,316$0$0$123,012,949
94$236,519,867$0$0$135,444,307
95$260,424,954$0$0$149,140,010
96$286,761,432$0$0$164,228,908
97$315,777,084$0$0$180,852,986
98$347,744,962$0$0$199,168,711
99$382,965,959$0$0$219,348,505
100$421,771,655$0$0$241,582,372