Can I retire at age 30 with 807,000?

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 $807,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$66,641$66,048$65,469$64,903$64,351$63,973
2 years$32,991$32,376$31,781$31,203$30,643$30,261
3 years$21,775$21,158$20,564$19,992$19,441$19,068
4 years$16,169$15,554$14,966$14,403$13,866$13,504
5 years$12,806$12,194$11,614$11,063$10,541$10,191
6 years$10,564$9,957$9,386$8,847$8,340$8,003
7 years$8,964$8,362$7,800$7,274$6,783$6,459
8 years$7,764$7,168$6,615$6,102$5,627$5,316
9 years$6,832$6,241$5,697$5,197$4,739$4,441
10 years$6,086$5,501$4,967$4,480$4,038$3,753
11 years$5,476$4,897$4,373$3,899$3,473$3,200
12 years$4,969$4,396$3,881$3,420$3,009$2,749
13 years$4,539$3,972$3,467$3,019$2,624$2,376
14 years$4,172$3,611$3,115$2,680$2,300$2,064
15 years$3,854$3,298$2,813$2,390$2,025$1,801
16 years$3,575$3,026$2,550$2,140$1,790$1,577
17 years$3,330$2,787$2,321$1,923$1,587$1,385
18 years$3,112$2,575$2,118$1,733$1,411$1,219
19 years$2,918$2,387$1,939$1,566$1,258$1,076
20 years$2,743$2,218$1,780$1,418$1,124$952
21 years$2,585$2,066$1,637$1,287$1,005$843
22 years$2,441$1,929$1,509$1,170$901$748
23 years$2,310$1,804$1,393$1,066$809$664
24 years$2,191$1,690$1,288$972$727$591
25 years$2,081$1,586$1,193$888$654$526
26 years$1,979$1,491$1,107$812$589$469
27 years$1,885$1,403$1,028$743$531$418
28 years$1,799$1,322$955$681$479$373
29 years$1,718$1,247$889$624$433$333
30 years$1,643$1,178$828$573$391$298
31 years$1,572$1,113$772$526$354$266
32 years$1,507$1,053$720$484$320$238
33 years$1,445$998$673$445$290$213
34 years$1,387$945$628$409$262$191
35 years$1,333$897$588$377$237$171
36 years$1,282$851$550$347$215$153
37 years$1,233$808$514$320$195$137
38 years$1,188$768$482$295$177$123
39 years$1,144$731$451$272$160$110
40 years$1,103$695$423$251$145$98
41 years$1,064$662$397$231$132$88
42 years$1,027$630$372$213$120$79
43 years$992$600$349$197$109$71
44 years$959$572$328$182$99$64
45 years$927$546$308$168$90$57
46 years$897$521$289$155$81$51
47 years$868$497$272$143$74$46
48 years$840$474$255$132$67$41
49 years$813$453$240$122$61$37
50 years$788$433$225$113$55$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $807,000, adding $6,294 every year, while hoping to spend $36,166 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: 52/32/16 Blend
29$807,000$807,000$807,000$807,000
30$895,806$853,035$840,527$938,188
31$948,698$856,354$830,204$971,236
32$1,005,773$858,622$818,323$1,002,829
33$1,067,419$859,752$804,794$1,036,389
34$1,134,063$859,648$789,523$1,072,114
35$1,206,175$858,208$772,409$1,110,222
36$1,284,270$855,325$753,349$1,150,956
37$1,368,915$850,885$732,236$1,194,584
38$1,460,733$844,768$708,956$1,241,405
39$1,560,412$836,845$683,389$1,291,749
40$1,668,704$826,980$655,413$1,345,982
41$1,786,439$815,030$624,896$1,404,510
42$1,914,530$800,841$591,705$1,467,783
43$2,053,982$784,252$555,697$1,536,298
44$2,205,899$765,091$516,724$1,610,606
45$2,371,498$743,178$474,631$1,691,319
46$2,552,117$718,319$429,257$1,779,112
47$2,749,228$690,313$380,433$1,874,733
48$2,964,455$658,943$327,982$1,979,010
49$3,199,580$623,982$271,721$2,092,859
50$3,456,570$585,190$211,456$2,217,295
51$3,737,588$542,312$146,988$2,353,437
52$4,045,016$495,079$78,105$2,502,527
53$4,381,476$443,207$4,591$2,665,936
54$4,749,857$386,395$0$2,845,180
55$5,153,340$324,325$0$3,054,546
56$5,595,426$256,663$0$3,284,933
57$6,079,973$183,053$0$3,537,648
58$6,611,229$103,121$0$3,815,000
59$7,193,873$16,472$0$4,119,536
60$7,833,057$0$0$4,454,069
61$8,534,459$0$0$4,848,928
62$9,304,331$0$0$5,288,783
63$10,149,559$0$0$5,771,779
64$11,077,730$0$0$6,302,262
65$12,097,202$0$0$6,885,020
66$13,217,180$0$0$7,525,327
67$14,447,807$0$0$8,228,993
68$15,800,256$0$0$9,002,420
69$17,286,836$0$0$9,852,659
70$18,921,109$0$0$10,787,481
71$20,718,014$0$0$11,815,444
72$22,694,012$0$0$12,945,981
73$24,867,240$0$0$14,189,482
74$27,257,677$0$0$15,557,394
75$29,887,339$0$0$17,062,332
76$32,780,482$0$0$18,718,193
77$35,963,832$0$0$20,540,290
78$39,466,835$0$0$22,545,495
79$43,321,937$0$0$24,752,400
80$47,564,889$0$0$27,181,488
81$52,235,081$0$0$29,855,329
82$57,375,918$0$0$32,798,794
83$63,035,225$0$0$36,039,287
84$69,265,701$0$0$39,607,003
85$76,125,414$0$0$43,535,214
86$83,678,347$0$0$47,860,585
87$91,995,006$0$0$52,623,514
88$101,153,080$0$0$57,868,518
89$111,238,178$0$0$63,644,650
90$122,344,631$0$0$70,005,965
91$134,576,387$0$0$77,012,025
92$148,047,989$0$0$84,728,464
93$162,885,657$0$0$93,227,609
94$179,228,475$0$0$102,589,157
95$197,229,707$0$0$112,900,932
96$217,058,243$0$0$124,259,709
97$238,900,189$0$0$136,772,133
98$262,960,627$0$0$150,555,718
99$289,465,547$0$0$165,739,963
100$318,663,981$0$0$182,467,570