Can I retire at age 30 with 725,000?

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 $725,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$59,870$59,337$58,816$58,308$57,813$56,007
2 years$29,639$29,087$28,552$28,033$27,530$25,727
3 years$19,563$19,008$18,475$17,961$17,466$15,722
4 years$14,526$13,973$13,445$12,940$12,457$10,785
5 years$11,504$10,955$10,434$9,939$9,470$7,875
6 years$9,491$8,946$8,432$7,948$7,493$5,977
7 years$8,053$7,513$7,007$6,535$6,094$4,656
8 years$6,975$6,440$5,943$5,482$5,055$3,695
9 years$6,138$5,607$5,118$4,669$4,257$2,972
10 years$5,468$4,942$4,462$4,025$3,627$2,417
11 years$4,920$4,400$3,929$3,503$3,120$1,981
12 years$4,464$3,949$3,486$3,073$2,704$1,634
13 years$4,078$3,569$3,115$2,713$2,358$1,354
14 years$3,748$3,244$2,799$2,408$2,067$1,128
15 years$3,462$2,963$2,527$2,147$1,820$942
16 years$3,212$2,719$2,291$1,923$1,608$789
17 years$2,992$2,504$2,085$1,728$1,426$662
18 years$2,796$2,314$1,903$1,557$1,268$557
19 years$2,621$2,144$1,742$1,407$1,130$469
20 years$2,464$1,993$1,599$1,274$1,009$396
21 years$2,322$1,856$1,471$1,156$903$334
22 years$2,193$1,733$1,355$1,051$810$283
23 years$2,076$1,620$1,252$958$727$239
24 years$1,968$1,518$1,157$873$653$202
25 years$1,869$1,425$1,072$798$588$171
26 years$1,778$1,339$994$729$530$145
27 years$1,694$1,260$923$668$477$123
28 years$1,616$1,188$858$612$431$104
29 years$1,543$1,120$799$561$389$89
30 years$1,476$1,058$744$515$351$75
31 years$1,413$1,000$694$473$318$64
32 years$1,354$946$647$434$287$54
33 years$1,298$896$604$400$260$46
34 years$1,246$849$565$368$236$39
35 years$1,198$806$528$338$213$33
36 years$1,151$765$494$312$193$28
37 years$1,108$726$462$287$175$24
38 years$1,067$690$433$265$159$20
39 years$1,028$656$405$244$144$17
40 years$991$624$380$225$131$15
41 years$956$594$356$208$119$12
42 years$923$566$334$192$108$11
43 years$891$539$314$177$98$9
44 years$861$514$294$163$89$8
45 years$833$490$276$151$80$6
46 years$805$468$260$139$73$6
47 years$779$446$244$129$66$5
48 years$754$426$229$119$60$4
49 years$731$407$215$110$55$3
50 years$708$389$203$102$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $725,000, adding $4,276 every year, while hoping to spend $42,366 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: 41/48/11 Blend
29$725,000$725,000$725,000$725,000
30$803,361$764,936$753,698$833,515
31$840,226$757,340$733,870$847,509
32$879,432$747,953$711,958$858,103
33$921,173$736,641$687,847$868,626
34$965,660$723,264$661,417$879,090
35$1,013,127$707,673$632,544$889,512
36$1,063,827$689,711$601,095$899,910
37$1,118,041$669,210$566,936$910,314
38$1,176,074$645,995$529,921$920,755
39$1,238,263$619,877$489,903$931,275
40$1,304,975$590,661$446,724$941,922
41$1,376,615$558,135$400,221$952,756
42$1,453,625$522,080$350,224$963,846
43$1,536,494$482,260$296,555$975,274
44$1,625,755$438,430$239,028$987,137
45$1,721,995$390,326$177,449$999,545
46$1,825,860$337,674$111,615$1,012,629
47$1,938,058$280,180$41,315$1,026,537
48$2,059,368$217,537$0$1,041,442
49$2,190,646$149,419$0$1,061,495
50$2,332,833$75,481$0$1,088,398
51$2,486,964$0$0$1,117,581
52$2,654,175$0$0$1,151,814
53$2,835,719$0$0$1,232,346
54$3,032,970$0$0$1,319,929
55$3,247,444$0$0$1,415,244
56$3,480,805$0$0$1,519,042
57$3,734,885$0$0$1,632,151
58$4,011,702$0$0$1,755,479
59$4,313,473$0$0$1,890,027
60$4,642,641$0$0$2,036,896
61$5,001,894$0$0$2,197,301
62$5,394,190$0$0$2,372,574
63$5,822,787$0$0$2,564,187
64$6,291,270$0$0$2,773,757
65$6,803,587$0$0$3,003,066
66$7,364,084$0$0$3,254,076
67$7,977,548$0$0$3,528,946
68$8,649,249$0$0$3,830,057
69$9,384,989$0$0$4,160,027
70$10,191,161$0$0$4,521,742
71$11,074,803$0$0$4,918,380
72$12,043,667$0$0$5,353,441
73$13,106,290$0$0$5,830,779
74$14,272,078$0$0$6,354,642
75$15,551,388$0$0$6,929,706
76$16,955,629$0$0$7,561,124
77$18,497,371$0$0$8,254,571
78$20,190,456$0$0$9,016,299
79$22,050,136$0$0$9,853,195
80$24,093,211$0$0$10,772,849
81$26,338,190$0$0$11,783,617
82$28,805,462$0$0$12,894,710
83$31,517,491$0$0$14,116,273
84$34,499,023$0$0$15,459,484
85$37,777,324$0$0$16,936,659
86$41,382,432$0$0$18,561,364
87$45,347,445$0$0$20,348,551
88$49,708,824$0$0$22,314,689
89$54,506,747$0$0$24,477,926
90$59,785,478$0$0$26,858,259
91$65,593,789$0$0$29,477,719
92$71,985,418$0$0$32,360,581
93$79,019,578$0$0$35,533,593
94$86,761,509$0$0$39,026,227
95$95,283,097$0$0$42,870,959
96$104,663,553$0$0$47,103,572
97$114,990,155$0$0$51,763,493
98$126,359,075$0$0$56,894,171
99$138,876,282$0$0$62,543,477
100$152,658,544$0$0$68,764,166