Can I retire at age 30 with 805,000?

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 $805,000?

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$66,476$65,884$65,306$64,742$64,192$62,212
2 years$32,909$32,296$31,702$31,126$30,568$28,590
3 years$21,721$21,106$20,513$19,943$19,393$17,480
4 years$16,129$15,515$14,928$14,368$13,831$11,998
5 years$12,774$12,164$11,585$11,036$10,514$8,765
6 years$10,538$9,933$9,362$8,825$8,320$6,656
7 years$8,942$8,342$7,780$7,256$6,766$5,188
8 years$7,745$7,150$6,598$6,087$5,613$4,119
9 years$6,815$6,226$5,683$5,185$4,727$3,316
10 years$6,071$5,488$4,955$4,469$4,028$2,697
11 years$5,463$4,885$4,362$3,889$3,464$2,212
12 years$4,956$4,385$3,871$3,412$3,002$1,826
13 years$4,528$3,963$3,459$3,012$2,618$1,515
14 years$4,162$3,602$3,108$2,674$2,295$1,262
15 years$3,844$3,290$2,806$2,384$2,020$1,055
16 years$3,566$3,019$2,544$2,135$1,786$884
17 years$3,322$2,780$2,315$1,918$1,583$743
18 years$3,105$2,569$2,113$1,729$1,408$625
19 years$2,910$2,381$1,934$1,562$1,255$527
20 years$2,736$2,213$1,775$1,415$1,121$445
21 years$2,578$2,061$1,633$1,284$1,003$376
22 years$2,435$1,924$1,505$1,167$899$318
23 years$2,305$1,799$1,390$1,063$807$270
24 years$2,185$1,686$1,285$970$725$228
25 years$2,075$1,582$1,190$886$653$194
26 years$1,974$1,487$1,104$810$588$164
27 years$1,881$1,399$1,025$741$530$139
28 years$1,794$1,319$953$679$478$118
29 years$1,714$1,244$887$623$432$100
30 years$1,639$1,175$826$572$390$85
31 years$1,569$1,110$770$525$353$72
32 years$1,503$1,051$719$482$319$61
33 years$1,442$995$671$444$289$52
34 years$1,384$943$627$408$261$44
35 years$1,330$895$586$376$237$38
36 years$1,279$849$548$346$215$32
37 years$1,230$806$513$319$194$27
38 years$1,185$766$481$294$176$23
39 years$1,141$729$450$271$160$20
40 years$1,101$693$422$250$145$17
41 years$1,062$660$396$231$132$14
42 years$1,025$629$371$213$119$12
43 years$990$599$348$196$108$10
44 years$956$571$327$181$98$9
45 years$925$544$307$168$89$7
46 years$894$519$288$155$81$6
47 years$865$496$271$143$74$5
48 years$838$473$255$132$67$5
49 years$811$452$239$122$61$4
50 years$786$432$225$113$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $805,000, adding $5,561 every year, while hoping to spend $25,233 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: 48/28/24 Blend
29$805,000$805,000$805,000$805,000
30$892,846$850,181$837,704$929,373
31$957,069$864,992$838,919$970,301
32$1,026,996$879,684$839,329$1,011,766
33$1,103,184$894,222$838,881$1,056,288
34$1,186,243$908,574$837,518$1,104,163
35$1,276,847$922,700$835,181$1,155,724
36$1,375,734$936,561$831,809$1,211,334
37$1,483,720$950,114$827,336$1,271,395
38$1,601,702$963,312$821,694$1,336,352
39$1,730,667$976,106$814,812$1,406,695
40$1,871,703$988,443$806,617$1,482,965
41$2,026,007$1,000,267$797,028$1,565,759
42$2,194,897$1,011,517$785,966$1,655,737
43$2,379,823$1,022,129$773,343$1,753,626
44$2,582,386$1,032,033$759,070$1,860,229
45$2,804,343$1,041,157$743,053$1,976,432
46$3,047,636$1,049,423$725,195$2,103,214
47$3,314,397$1,056,747$705,391$2,241,655
48$3,606,979$1,063,041$683,535$2,392,945
49$3,927,971$1,068,211$659,514$2,558,398
50$4,280,226$1,072,155$633,210$2,739,466
51$4,666,887$1,074,769$604,501$2,937,749
52$5,091,415$1,075,938$573,257$3,155,012
53$5,557,623$1,075,543$539,344$3,393,204
54$6,069,711$1,073,454$502,623$3,654,475
55$6,632,306$1,069,538$462,945$3,941,195
56$7,250,505$1,063,649$420,157$4,255,981
57$7,929,924$1,055,636$374,101$4,601,719
58$8,676,750$1,045,336$324,606$4,981,592
59$9,497,799$1,032,577$271,501$5,399,112
60$10,400,578$1,017,178$214,600$5,858,152
61$11,393,363$998,945$153,715$6,362,985
62$12,485,267$977,674$88,645$6,918,323
63$13,686,334$953,150$19,184$7,529,363
64$15,007,627$925,142$0$8,201,837
65$16,461,340$893,408$0$8,956,137
66$18,060,903$857,692$0$9,791,321
67$19,821,118$817,721$0$10,710,220
68$21,758,292$773,209$0$11,721,375
69$23,890,393$723,852$0$12,834,202
70$26,237,220$669,328$0$14,059,077
71$28,820,589$609,298$0$15,407,442
72$31,664,538$543,402$0$16,891,903
73$34,795,553$471,260$0$18,526,361
74$38,242,820$392,473$0$20,326,134
75$42,038,500$306,616$0$22,308,110
76$46,218,028$213,242$0$24,490,901
77$50,820,454$111,878$0$26,895,022
78$55,888,806$2,025$0$29,543,086
79$61,470,496$0$0$32,460,019
80$67,617,771$0$0$35,709,292
81$74,388,202$0$0$39,288,759
82$81,845,230$0$0$43,231,350
83$90,058,762$0$0$47,574,043
84$99,105,832$0$0$52,357,582
85$109,071,327$0$0$57,626,869
86$120,048,789$0$0$63,431,381
87$132,141,295$0$0$69,825,640
88$145,462,435$0$0$76,869,728
89$160,137,376$0$0$84,629,851
90$176,304,052$0$0$93,178,969
91$194,114,457$0$0$102,597,478
92$213,736,086$0$0$112,973,974
93$235,353,513$0$0$124,406,086
94$259,170,132$0$0$137,001,400
95$285,410,080$0$0$150,878,472
96$314,320,346$0$0$166,167,947
97$346,173,111$0$0$183,013,795
98$381,268,309$0$0$201,574,665
99$419,936,461$0$0$222,025,389
100$462,541,796$0$0$244,558,625