Can I retire at age 30 with 806,000?

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 $806,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$66,559$65,966$65,387$64,823$64,272$62,540
2 years$32,950$32,336$31,741$31,165$30,606$28,874
3 years$21,748$21,132$20,539$19,968$19,417$17,739
4 years$16,149$15,534$14,947$14,386$13,849$12,237
5 years$12,790$12,179$11,599$11,049$10,528$8,987
6 years$10,551$9,945$9,374$8,836$8,330$6,862
7 years$8,953$8,352$7,790$7,265$6,775$5,379
8 years$7,755$7,159$6,606$6,094$5,620$4,296
9 years$6,823$6,233$5,690$5,191$4,733$3,479
10 years$6,079$5,494$4,961$4,475$4,033$2,848
11 years$5,470$4,891$4,367$3,894$3,468$2,351
12 years$4,963$4,390$3,876$3,416$3,006$1,953
13 years$4,534$3,967$3,463$3,016$2,621$1,631
14 years$4,167$3,606$3,111$2,677$2,297$1,369
15 years$3,849$3,294$2,809$2,387$2,023$1,152
16 years$3,571$3,023$2,547$2,138$1,788$973
17 years$3,326$2,784$2,318$1,921$1,585$823
18 years$3,108$2,572$2,116$1,731$1,409$698
19 years$2,914$2,384$1,937$1,564$1,256$593
20 years$2,739$2,215$1,778$1,417$1,122$505
21 years$2,581$2,063$1,635$1,286$1,004$430
22 years$2,438$1,926$1,507$1,169$900$366
23 years$2,307$1,801$1,391$1,065$808$313
24 years$2,188$1,688$1,287$971$726$267
25 years$2,078$1,584$1,192$887$654$228
26 years$1,977$1,489$1,105$811$589$195
27 years$1,883$1,401$1,026$742$531$167
28 years$1,796$1,320$954$680$479$143
29 years$1,716$1,245$888$624$432$122
30 years$1,641$1,176$827$572$391$105
31 years$1,571$1,112$771$526$353$90
32 years$1,505$1,052$719$483$320$77
33 years$1,443$996$672$444$289$66
34 years$1,386$944$628$409$262$56
35 years$1,331$896$587$376$237$48
36 years$1,280$850$549$346$215$41
37 years$1,232$807$514$319$195$35
38 years$1,186$767$481$294$177$30
39 years$1,143$730$451$271$160$26
40 years$1,102$694$423$250$145$22
41 years$1,063$661$396$231$132$19
42 years$1,026$629$372$213$120$16
43 years$991$600$349$197$108$14
44 years$958$572$327$182$98$12
45 years$926$545$307$168$89$10
46 years$895$520$289$155$81$9
47 years$866$496$271$143$74$8
48 years$839$474$255$132$67$7
49 years$812$452$240$122$61$6
50 years$787$432$225$113$55$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $806,000, adding $2,442 every year, while hoping to spend $21,850 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: 40/50/10 Blend
29$806,000$806,000$806,000$806,000
30$890,731$848,013$835,520$923,595
31$958,337$866,317$840,262$965,256
32$1,032,107$884,786$844,430$1,007,941
33$1,112,646$903,405$847,982$1,053,627
34$1,200,621$922,157$850,875$1,102,594
35$1,296,765$941,023$853,060$1,155,152
36$1,401,888$959,986$854,490$1,211,640
37$1,516,877$979,022$855,112$1,272,435
38$1,642,713$998,109$854,873$1,337,950
39$1,780,475$1,017,221$853,716$1,408,643
40$1,931,350$1,036,331$851,582$1,485,016
41$2,096,646$1,055,410$848,409$1,567,623
42$2,277,804$1,074,425$844,130$1,657,077
43$2,476,409$1,093,341$838,678$1,754,052
44$2,694,210$1,112,122$831,981$1,859,290
45$2,933,131$1,130,727$823,963$1,973,611
46$3,195,291$1,149,114$814,547$2,097,919
47$3,483,025$1,167,235$803,649$2,233,211
48$3,798,905$1,185,041$791,183$2,380,584
49$4,145,765$1,202,479$777,058$2,541,251
50$4,526,724$1,219,492$761,181$2,716,548
51$4,945,221$1,236,018$743,452$2,907,948
52$5,405,042$1,251,992$723,767$3,117,075
53$5,910,362$1,267,345$702,018$3,345,721
54$6,465,774$1,282,000$678,091$3,595,860
55$7,076,345$1,295,880$651,869$3,869,672
56$7,747,652$1,308,898$623,226$4,169,558
57$8,485,842$1,320,963$592,034$4,498,166
58$9,297,687$1,331,980$558,156$4,858,417
59$10,190,649$1,341,845$521,452$5,253,531
60$11,172,948$1,350,448$481,773$5,687,060
61$12,253,641$1,357,672$438,965$6,162,917
62$13,442,707$1,363,393$392,866$6,685,422
63$14,751,144$1,367,480$343,307$7,259,334
64$16,191,065$1,369,791$290,112$7,889,901
65$17,775,820$1,370,177$233,097$8,582,911
66$19,520,118$1,368,480$172,071$9,344,745
67$21,440,166$1,364,531$106,831$10,182,437
68$23,553,822$1,358,153$37,169$11,103,745
69$25,880,764$1,349,155$0$12,117,221
70$28,442,675$1,337,336$0$13,236,260
71$31,263,446$1,322,484$0$14,471,780
72$34,369,403$1,304,371$0$15,831,298
73$37,789,556$1,282,759$0$17,327,476
74$41,555,871$1,257,395$0$18,974,270
75$45,703,571$1,228,008$0$20,787,067
76$50,271,470$1,194,315$0$22,782,825
77$55,302,338$1,156,014$0$24,980,240
78$60,843,304$1,112,787$0$27,399,920
79$66,946,304$1,064,296$0$30,064,579
80$73,668,563$1,010,183$0$32,999,256
81$81,073,147$950,072$0$36,231,552
82$89,229,544$883,562$0$39,791,888
83$98,214,333$810,232$0$43,713,798
84$108,111,897$729,635$0$48,034,244
85$119,015,223$641,300$0$52,793,966
86$131,026,779$544,727$0$58,037,872
87$144,259,483$439,391$0$63,815,459
88$158,837,763$324,734$0$70,181,283
89$174,898,738$200,168$0$77,195,477
90$192,593,507$65,075$0$84,924,321
91$212,088,578$0$0$93,440,868
92$233,567,438$0$0$102,870,312
93$257,232,286$0$0$113,299,061
94$283,305,938$0$0$124,789,526
95$312,033,936$0$0$137,449,938
96$343,686,859$0$0$151,399,566
97$378,562,883$0$0$166,769,843
98$416,990,590$0$0$183,705,605
99$459,332,073$0$0$202,366,459
100$505,986,354$0$0$222,928,292