Can I retire at age 30 with 807,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%15.2%
1 years$66,641$66,048$65,469$64,903$64,351$62,975
2 years$32,991$32,376$31,781$31,203$30,643$29,263
3 years$21,775$21,158$20,564$19,992$19,441$18,101
4 years$16,169$15,554$14,966$14,403$13,866$12,575
5 years$12,806$12,194$11,614$11,063$10,541$9,303
6 years$10,564$9,957$9,386$8,847$8,340$7,158
7 years$8,964$8,362$7,800$7,274$6,783$5,655
8 years$7,764$7,168$6,615$6,102$5,627$4,554
9 years$6,832$6,241$5,697$5,197$4,739$3,720
10 years$6,086$5,501$4,967$4,480$4,038$3,071
11 years$5,476$4,897$4,373$3,899$3,473$2,558
12 years$4,969$4,396$3,881$3,420$3,009$2,145
13 years$4,539$3,972$3,467$3,019$2,624$1,808
14 years$4,172$3,611$3,115$2,680$2,300$1,532
15 years$3,854$3,298$2,813$2,390$2,025$1,302
16 years$3,575$3,026$2,550$2,140$1,790$1,110
17 years$3,330$2,787$2,321$1,923$1,587$949
18 years$3,112$2,575$2,118$1,733$1,411$813
19 years$2,918$2,387$1,939$1,566$1,258$698
20 years$2,743$2,218$1,780$1,418$1,124$600
21 years$2,585$2,066$1,637$1,287$1,005$517
22 years$2,441$1,929$1,509$1,170$901$445
23 years$2,310$1,804$1,393$1,066$809$384
24 years$2,191$1,690$1,288$972$727$332
25 years$2,081$1,586$1,193$888$654$287
26 years$1,979$1,491$1,107$812$589$248
27 years$1,885$1,403$1,028$743$531$214
28 years$1,799$1,322$955$681$479$186
29 years$1,718$1,247$889$624$433$161
30 years$1,643$1,178$828$573$391$139
31 years$1,572$1,113$772$526$354$121
32 years$1,507$1,053$720$484$320$105
33 years$1,445$998$673$445$290$91
34 years$1,387$945$628$409$262$79
35 years$1,333$897$588$377$237$68
36 years$1,282$851$550$347$215$59
37 years$1,233$808$514$320$195$51
38 years$1,188$768$482$295$177$44
39 years$1,144$731$451$272$160$39
40 years$1,103$695$423$251$145$33
41 years$1,064$662$397$231$132$29
42 years$1,027$630$372$213$120$25
43 years$992$600$349$197$109$22
44 years$959$572$328$182$99$19
45 years$927$546$308$168$90$16
46 years$897$521$289$155$81$14
47 years$868$497$272$143$74$12
48 years$840$474$255$132$67$11
49 years$813$453$240$122$61$9
50 years$788$433$225$113$55$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $807,000, adding $5,700 every year, while hoping to spend $59,648 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: 45/30/25 Blend
29$807,000$807,000$807,000$807,000
30$895,194$852,423$839,914$928,791
31$923,038$830,726$804,586$931,427
32$951,724$805,968$766,076$928,048
33$981,274$777,934$724,213$923,205
34$1,011,710$746,399$678,821$916,794
35$1,043,057$711,125$629,714$908,701
36$1,075,338$671,860$576,699$898,811
37$1,108,578$628,336$519,573$886,998
38$1,142,800$580,271$458,125$873,133
39$1,178,028$527,367$392,136$857,075
40$1,214,288$469,309$321,373$838,679
41$1,251,603$405,764$245,597$817,789
42$1,289,999$336,378$164,556$794,243
43$1,329,499$260,780$77,989$767,868
44$1,370,127$178,578$0$738,481
45$1,411,908$89,356$0$709,729
46$1,454,864$0$0$700,022
47$1,499,018$0$0$690,815
48$1,544,392$0$0$711,661
49$1,591,008$0$0$733,070
50$1,638,884$0$0$755,051
51$1,688,041$0$0$777,610
52$1,738,493$0$0$800,756
53$1,790,258$0$0$824,493
54$1,843,347$0$0$848,826
55$1,897,772$0$0$873,759
56$1,953,539$0$0$899,293
57$2,010,655$0$0$925,428
58$2,069,118$0$0$952,163
59$2,128,926$0$0$979,493
60$2,190,070$0$0$1,007,413
61$2,252,536$0$0$1,035,913
62$2,316,306$0$0$1,064,981
63$2,381,351$0$0$1,094,601
64$2,447,637$0$0$1,124,753
65$2,515,121$0$0$1,155,414
66$2,583,750$0$0$1,186,555
67$2,653,460$0$0$1,218,140
68$2,724,175$0$0$1,250,129
69$2,795,804$0$0$1,282,476
70$2,868,244$0$0$1,315,123
71$2,941,371$0$0$1,348,009
72$3,015,044$0$0$1,381,060
73$3,089,103$0$0$1,414,191
74$3,163,361$0$0$1,447,308
75$3,237,607$0$0$1,480,303
76$3,311,602$0$0$1,513,052
77$3,385,072$0$0$1,545,417
78$3,457,710$0$0$1,577,241
79$3,529,169$0$0$1,608,348
80$3,599,058$0$0$1,638,541
81$3,666,939$0$0$1,667,596
82$3,732,317$0$0$1,695,266
83$3,794,642$0$0$1,721,272
84$3,853,295$0$0$1,745,302
85$3,907,586$0$0$1,767,010
86$3,956,744$0$0$1,786,009
87$3,999,910$0$0$1,801,867
88$4,036,125$0$0$1,814,103
89$4,064,324$0$0$1,822,183
90$4,083,319$0$0$1,825,513
91$4,091,791$0$0$1,823,433
92$4,088,274$0$0$1,815,210
93$4,071,141$0$0$1,800,031
94$4,038,586$0$0$1,776,992
95$3,988,603$0$0$1,745,095
96$3,918,972$0$0$1,703,230
97$3,827,229$0$0$1,650,169
98$3,710,648$0$0$1,584,552
99$3,566,205$0$0$1,504,873
100$3,390,558$0$0$1,409,466