Can I retire at age 30 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$66,063$65,475$64,901$64,340$63,793$62,302
2 years$32,705$32,095$31,505$30,933$30,378$28,883
3 years$21,586$20,975$20,386$19,819$19,273$17,823
4 years$16,029$15,419$14,836$14,278$13,746$12,350
5 years$12,695$12,088$11,513$10,967$10,449$9,113
6 years$10,473$9,871$9,304$8,771$8,268$6,992
7 years$8,886$8,290$7,732$7,211$6,724$5,509
8 years$7,697$7,106$6,557$6,049$5,578$4,424
9 years$6,773$6,187$5,648$5,152$4,698$3,602
10 years$6,033$5,453$4,924$4,441$4,003$2,965
11 years$5,429$4,855$4,335$3,865$3,442$2,462
12 years$4,926$4,357$3,847$3,390$2,983$2,057
13 years$4,500$3,938$3,437$2,993$2,601$1,729
14 years$4,136$3,579$3,088$2,657$2,280$1,459
15 years$3,820$3,270$2,788$2,370$2,008$1,236
16 years$3,544$3,000$2,528$2,122$1,775$1,050
17 years$3,301$2,763$2,300$1,906$1,573$895
18 years$3,085$2,553$2,100$1,718$1,399$764
19 years$2,892$2,366$1,922$1,552$1,247$653
20 years$2,719$2,199$1,764$1,406$1,114$560
21 years$2,562$2,048$1,623$1,276$997$480
22 years$2,420$1,912$1,496$1,160$893$412
23 years$2,290$1,788$1,381$1,057$802$354
24 years$2,172$1,675$1,277$964$721$305
25 years$2,063$1,572$1,183$880$649$262
26 years$1,962$1,478$1,097$805$584$226
27 years$1,869$1,391$1,019$737$527$195
28 years$1,783$1,310$947$675$475$168
29 years$1,703$1,236$881$619$429$145
30 years$1,628$1,167$821$568$388$125
31 years$1,559$1,104$765$522$351$108
32 years$1,494$1,044$714$479$317$93
33 years$1,433$989$667$441$287$80
34 years$1,375$937$623$406$260$69
35 years$1,321$889$582$373$235$60
36 years$1,271$844$545$344$213$52
37 years$1,223$801$510$317$193$45
38 years$1,177$762$478$292$175$38
39 years$1,134$724$447$269$159$33
40 years$1,094$689$419$248$144$29
41 years$1,055$656$393$229$131$25
42 years$1,019$625$369$211$119$21
43 years$984$595$346$195$108$19
44 years$951$567$325$180$98$16
45 years$919$541$305$166$89$14
46 years$889$516$287$154$81$12
47 years$860$492$269$142$73$10
48 years$833$470$253$131$66$9
49 years$806$449$238$121$60$8
50 years$781$429$224$112$55$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $800,000, adding $4,340 every year, while hoping to spend $39,787 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: 67/18/15 Blend
29$800,000$800,000$800,000$800,000
30$886,077$843,677$831,277$942,030
31$934,123$842,684$816,791$978,919
32$985,738$840,309$800,487$1,014,161
33$1,041,241$836,442$782,262$1,051,699
34$1,100,986$830,967$762,007$1,091,754
35$1,165,363$823,760$739,609$1,134,573
36$1,234,796$814,690$714,952$1,180,427
37$1,309,754$803,618$687,912$1,229,617
38$1,390,751$790,398$658,360$1,282,475
39$1,478,353$774,874$626,160$1,339,368
40$1,573,182$756,879$591,174$1,400,703
41$1,675,921$736,240$553,252$1,466,928
42$1,787,320$712,772$512,241$1,538,539
43$1,908,207$686,277$467,981$1,616,085
44$2,039,489$656,550$420,304$1,700,171
45$2,182,166$623,370$369,034$1,791,466
46$2,337,338$586,507$313,987$1,890,710
47$2,506,214$545,713$254,973$1,998,722
48$2,690,126$500,730$191,792$2,116,402
49$2,890,536$451,284$124,235$2,244,750
50$3,109,059$397,085$52,085$2,384,866
51$3,347,467$337,826$0$2,537,968
52$3,607,712$273,183$0$2,709,386
53$3,891,946$202,816$0$2,905,774
54$4,202,532$126,362$0$3,120,465
55$4,542,078$43,441$0$3,355,309
56$4,913,449$0$0$3,612,349
57$5,319,806$0$0$3,903,016
58$5,764,624$0$0$4,230,661
59$6,251,732$0$0$4,589,507
60$6,785,348$0$0$4,982,665
61$7,370,115$0$0$5,413,564
62$8,011,146$0$0$5,885,979
63$8,714,076$0$0$6,404,067
64$9,485,106$0$0$6,972,408
65$10,331,071$0$0$7,596,047
66$11,259,497$0$0$8,280,539
67$12,278,673$0$0$9,032,005
68$13,397,733$0$0$9,857,186
69$14,626,736$0$0$10,763,509
70$15,976,764$0$0$11,759,154
71$17,460,025$0$0$12,853,136
72$19,089,968$0$0$14,055,381
73$20,881,409$0$0$15,376,830
74$22,850,672$0$0$16,829,532
75$25,015,739$0$0$18,426,763
76$27,396,423$0$0$20,183,152
77$30,014,554$0$0$22,114,814
78$32,894,180$0$0$24,239,503
79$36,061,799$0$0$26,576,785
80$39,546,606$0$0$29,148,211
81$43,380,769$0$0$31,977,532
82$47,599,729$0$0$35,090,914
83$52,242,538$0$0$38,517,189
84$57,352,224$0$0$42,288,124
85$62,976,198$0$0$46,438,723
86$69,166,700$0$0$51,007,556
87$75,981,291$0$0$56,037,120
88$83,483,397$0$0$61,574,244
89$91,742,907$0$0$67,670,526
90$100,836,829$0$0$74,382,824
91$110,850,020$0$0$81,773,789
92$121,875,983$0$0$89,912,455
93$134,017,750$0$0$98,874,894
94$147,388,857$0$0$108,744,930
95$162,114,407$0$0$119,614,930
96$178,332,257$0$0$131,586,678
97$196,194,317$0$0$144,772,332
98$215,867,981$0$0$159,295,483
99$237,537,706$0$0$175,292,321
100$261,406,756$0$0$192,912,920