Can I retire at age 30 with 799,000?

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 $799,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$65,981$65,393$64,820$64,260$63,713$62,891
2 years$32,664$32,055$31,466$30,894$30,340$29,513
3 years$21,559$20,949$20,360$19,794$19,249$18,442
4 years$16,008$15,399$14,817$14,261$13,728$12,949
5 years$12,679$12,073$11,499$10,954$10,436$9,686
6 years$10,460$9,859$9,293$8,760$8,258$7,538
7 years$8,875$8,279$7,722$7,202$6,716$6,026
8 years$7,687$7,097$6,549$6,041$5,571$4,912
9 years$6,764$6,179$5,641$5,146$4,692$4,062
10 years$6,026$5,447$4,918$4,436$3,998$3,398
11 years$5,422$4,849$4,329$3,860$3,438$2,867
12 years$4,919$4,352$3,842$3,386$2,979$2,437
13 years$4,494$3,933$3,433$2,989$2,598$2,083
14 years$4,131$3,575$3,084$2,654$2,278$1,790
15 years$3,815$3,266$2,785$2,367$2,005$1,543
16 years$3,540$2,996$2,525$2,119$1,772$1,336
17 years$3,297$2,759$2,298$1,904$1,571$1,159
18 years$3,081$2,550$2,097$1,716$1,397$1,009
19 years$2,889$2,363$1,920$1,550$1,245$879
20 years$2,716$2,196$1,762$1,404$1,112$768
21 years$2,559$2,045$1,621$1,274$995$672
22 years$2,417$1,909$1,494$1,159$892$588
23 years$2,287$1,786$1,379$1,055$801$516
24 years$2,169$1,673$1,276$962$720$453
25 years$2,060$1,570$1,181$879$648$398
26 years$1,960$1,476$1,096$804$584$350
27 years$1,867$1,389$1,017$736$526$308
28 years$1,781$1,309$946$674$475$271
29 years$1,701$1,235$880$618$429$239
30 years$1,626$1,166$820$567$387$210
31 years$1,557$1,102$764$521$350$185
32 years$1,492$1,043$713$479$317$164
33 years$1,431$988$666$440$287$144
34 years$1,374$936$622$405$260$127
35 years$1,320$888$582$373$235$112
36 years$1,269$843$544$343$213$99
37 years$1,221$800$509$316$193$88
38 years$1,176$761$477$292$175$77
39 years$1,133$723$447$269$159$68
40 years$1,092$688$419$248$144$60
41 years$1,054$655$393$229$131$53
42 years$1,017$624$368$211$119$47
43 years$982$594$346$195$108$42
44 years$949$567$324$180$98$37
45 years$918$540$305$166$89$32
46 years$888$515$286$154$80$29
47 years$859$492$269$142$73$25
48 years$831$470$253$131$66$22
49 years$805$448$237$121$60$20
50 years$780$428$223$112$55$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $799,000, adding $2,552 every year, while hoping to spend $39,788 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: 53/18/29 Blend
29$799,000$799,000$799,000$799,000
30$883,130$840,783$828,399$922,650
31$930,876$839,648$813,816$949,216
32$982,157$837,123$797,411$973,870
33$1,037,294$833,099$779,081$999,920
34$1,096,636$827,458$758,719$1,027,514
35$1,160,567$820,078$736,210$1,056,820
36$1,229,510$810,827$711,438$1,088,025
37$1,303,927$799,565$684,279$1,121,336
38$1,384,329$786,145$654,603$1,156,984
39$1,471,275$770,410$622,277$1,195,226
40$1,565,381$752,196$587,158$1,236,349
41$1,667,322$731,326$549,101$1,280,670
42$1,777,843$707,615$507,950$1,328,542
43$1,897,761$680,866$463,544$1,380,358
44$2,027,977$650,872$415,717$1,436,554
45$2,169,478$617,413$364,291$1,497,613
46$2,323,354$580,256$309,084$1,564,073
47$2,490,802$539,154$249,904$1,636,529
48$2,673,140$493,848$186,552$1,715,641
49$2,871,816$444,063$118,817$1,802,143
50$3,088,427$389,507$46,483$1,896,845
51$3,324,728$329,875$0$2,000,648
52$3,582,653$264,841$0$2,124,050
53$3,864,328$194,063$0$2,274,620
54$4,172,095$117,178$0$2,439,258
55$4,508,534$33,804$0$2,619,397
56$4,876,482$0$0$2,816,619
57$5,279,065$0$0$3,043,852
58$5,719,725$0$0$3,299,981
59$6,202,251$0$0$3,580,524
60$6,730,817$0$0$3,887,917
61$7,310,019$0$0$4,224,842
62$7,944,918$0$0$4,594,255
63$8,641,089$0$0$4,999,410
64$9,404,672$0$0$5,443,892
65$10,242,430$0$0$5,931,649
66$11,161,811$0$0$6,467,030
67$12,171,020$0$0$7,054,827
68$13,279,096$0$0$7,700,316
69$14,495,994$0$0$8,409,310
70$15,832,683$0$0$9,188,214
71$17,301,244$0$0$10,044,082
72$18,914,988$0$0$10,984,688
73$20,688,577$0$0$12,018,592
74$22,638,167$0$0$13,155,229
75$24,781,554$0$0$14,404,991
76$27,138,348$0$0$15,779,329
77$29,730,150$0$0$17,290,857
78$32,580,762$0$0$18,953,476
79$35,716,408$0$0$20,782,499
80$39,165,981$0$0$22,794,798
81$42,961,315$0$0$25,008,966
82$47,137,486$0$0$27,445,485
83$51,733,140$0$0$30,126,925
84$56,790,862$0$0$33,078,156
85$62,357,572$0$0$36,326,578
86$68,484,967$0$0$39,902,384
87$75,230,016$0$0$43,838,843
88$82,655,486$0$0$48,172,613
89$90,830,542$0$0$52,944,088
90$99,831,396$0$0$58,197,775
91$109,742,026$0$0$63,982,720
92$120,654,967$0$0$70,352,966
93$132,672,184$0$0$77,368,064
94$145,906,035$0$0$85,093,633
95$160,480,329$0$0$93,601,981
96$176,531,496$0$0$102,972,789
97$194,209,870$0$0$113,293,856
98$213,681,111$0$0$124,661,933
99$235,127,767$0$0$137,183,636
100$258,750,994$0$0$150,976,448