Can I retire at age 30 with 809,000?

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 $809,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$66,806$66,211$65,631$65,064$64,511$62,521
2 years$33,073$32,457$31,860$31,281$30,719$28,732
3 years$21,829$21,211$20,615$20,042$19,490$17,567
4 years$16,209$15,592$15,003$14,439$13,900$12,057
5 years$12,837$12,224$11,643$11,091$10,567$8,808
6 years$10,591$9,982$9,409$8,869$8,361$6,689
7 years$8,986$8,383$7,819$7,292$6,800$5,213
8 years$7,784$7,186$6,631$6,117$5,641$4,140
9 years$6,849$6,257$5,711$5,210$4,751$3,332
10 years$6,101$5,515$4,979$4,491$4,048$2,711
11 years$5,490$4,910$4,384$3,909$3,481$2,223
12 years$4,981$4,407$3,890$3,429$3,017$1,835
13 years$4,551$3,982$3,476$3,027$2,631$1,522
14 years$4,182$3,620$3,123$2,687$2,306$1,268
15 years$3,863$3,307$2,820$2,396$2,030$1,060
16 years$3,584$3,034$2,556$2,146$1,794$889
17 years$3,338$2,794$2,326$1,928$1,591$747
18 years$3,120$2,582$2,124$1,737$1,415$629
19 years$2,925$2,393$1,944$1,570$1,261$530
20 years$2,750$2,223$1,784$1,422$1,126$447
21 years$2,591$2,071$1,641$1,290$1,008$378
22 years$2,447$1,933$1,512$1,173$903$320
23 years$2,316$1,808$1,397$1,068$811$271
24 years$2,196$1,694$1,292$975$729$229
25 years$2,086$1,590$1,196$890$656$195
26 years$1,984$1,494$1,109$814$591$165
27 years$1,890$1,406$1,030$745$533$140
28 years$1,803$1,325$958$682$481$119
29 years$1,722$1,250$891$626$434$101
30 years$1,647$1,181$830$574$392$86
31 years$1,576$1,116$774$527$355$73
32 years$1,511$1,056$722$485$321$62
33 years$1,449$1,000$674$446$290$53
34 years$1,391$948$630$410$263$45
35 years$1,336$899$589$378$238$38
36 years$1,285$853$551$348$216$32
37 years$1,236$810$516$320$195$27
38 years$1,191$770$483$295$177$23
39 years$1,147$732$452$272$161$20
40 years$1,106$697$424$251$146$17
41 years$1,067$663$398$232$132$14
42 years$1,030$632$373$214$120$12
43 years$995$602$350$197$109$10
44 years$961$574$329$182$99$9
45 years$929$547$308$168$90$7
46 years$899$522$290$155$81$6
47 years$870$498$272$144$74$5
48 years$842$475$256$133$67$5
49 years$815$454$240$123$61$4
50 years$790$434$226$113$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $809,000, adding $6,133 every year, while hoping to spend $50,298 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: 36/34/30 Blend
29$809,000$809,000$809,000$809,000
30$897,844$854,967$842,428$921,919
31$935,908$843,344$817,132$928,827
32$976,168$829,465$789,304$931,327
33$1,018,796$813,168$758,804$933,080
34$1,063,978$794,278$725,489$934,052
35$1,111,918$772,612$689,208$934,212
36$1,162,840$747,977$649,803$933,531
37$1,216,988$720,166$607,109$931,981
38$1,274,628$688,961$560,954$929,537
39$1,336,053$654,133$511,159$926,177
40$1,401,583$615,438$457,535$921,884
41$1,471,568$572,618$399,887$916,644
42$1,546,393$525,401$338,008$910,449
43$1,626,479$473,500$271,685$903,296
44$1,712,287$416,609$200,694$895,192
45$1,804,326$354,408$124,803$886,151
46$1,903,150$286,557$43,766$876,196
47$2,009,369$212,697$0$865,363
48$2,123,655$132,448$0$867,374
49$2,246,741$45,412$0$884,458
50$2,379,435$0$0$902,760
51$2,522,626$0$0$940,743
52$2,677,288$0$0$1,000,209
53$2,844,492$0$0$1,064,592
54$3,025,415$0$0$1,134,356
55$3,221,352$0$0$1,210,012
56$3,433,726$0$0$1,292,125
57$3,664,102$0$0$1,381,311
58$3,914,201$0$0$1,478,252
59$4,185,915$0$0$1,583,697
60$4,481,327$0$0$1,698,469
61$4,802,726$0$0$1,823,475
62$5,152,634$0$0$1,959,712
63$5,533,824$0$0$2,108,277
64$5,949,346$0$0$2,270,380
65$6,402,561$0$0$2,447,349
66$6,897,165$0$0$2,640,649
67$7,437,228$0$0$2,851,892
68$8,027,227$0$0$3,082,850
69$8,672,096$0$0$3,335,479
70$9,377,264$0$0$3,611,928
71$10,148,708$0$0$3,914,566
72$10,993,011$0$0$4,246,002
73$11,917,420$0$0$4,609,106
74$12,929,917$0$0$5,007,043
75$14,039,292$0$0$5,443,295
76$15,255,225$0$0$5,921,699
77$16,588,376$0$0$6,446,481
78$18,050,488$0$0$7,022,294
79$19,654,494$0$0$7,654,267
80$21,414,638$0$0$8,348,044
81$23,346,612$0$0$9,109,849
82$25,467,699$0$0$9,946,531
83$27,796,938$0$0$10,865,641
84$30,355,303$0$0$11,875,494
85$33,165,898$0$0$12,985,251
86$36,254,176$0$0$14,205,004
87$39,648,178$0$0$15,545,873
88$43,378,793$0$0$17,020,107
89$47,480,056$0$0$18,641,203
90$51,989,462$0$0$20,424,029
91$56,948,320$0$0$22,384,969
92$62,402,144$0$0$24,542,071
93$68,401,078$0$0$26,915,224
94$75,000,371$0$0$29,526,339
95$82,260,898$0$0$32,399,559
96$90,249,729$0$0$35,561,486
97$99,040,764$0$0$39,041,430
98$108,715,430$0$0$42,871,688
99$119,363,446$0$0$47,087,845
100$131,083,670$0$0$51,729,113