Can I retire at age 30 with 725,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%14%
1 years$59,870$59,337$58,816$58,308$57,813$56,855
2 years$29,639$29,087$28,552$28,033$27,530$26,568
3 years$19,563$19,008$18,475$17,961$17,466$16,529
4 years$14,526$13,973$13,445$12,940$12,457$11,553
5 years$11,504$10,955$10,434$9,939$9,470$8,601
6 years$9,491$8,946$8,432$7,948$7,493$6,661
7 years$8,053$7,513$7,007$6,535$6,094$5,298
8 years$6,975$6,440$5,943$5,482$5,055$4,297
9 years$6,138$5,607$5,118$4,669$4,257$3,535
10 years$5,468$4,942$4,462$4,025$3,627$2,940
11 years$4,920$4,400$3,929$3,503$3,120$2,467
12 years$4,464$3,949$3,486$3,073$2,704$2,085
13 years$4,078$3,569$3,115$2,713$2,358$1,772
14 years$3,748$3,244$2,799$2,408$2,067$1,513
15 years$3,462$2,963$2,527$2,147$1,820$1,297
16 years$3,212$2,719$2,291$1,923$1,608$1,115
17 years$2,992$2,504$2,085$1,728$1,426$962
18 years$2,796$2,314$1,903$1,557$1,268$831
19 years$2,621$2,144$1,742$1,407$1,130$720
20 years$2,464$1,993$1,599$1,274$1,009$625
21 years$2,322$1,856$1,471$1,156$903$543
22 years$2,193$1,733$1,355$1,051$810$472
23 years$2,076$1,620$1,252$958$727$411
24 years$1,968$1,518$1,157$873$653$358
25 years$1,869$1,425$1,072$798$588$313
26 years$1,778$1,339$994$729$530$273
27 years$1,694$1,260$923$668$477$238
28 years$1,616$1,188$858$612$431$208
29 years$1,543$1,120$799$561$389$182
30 years$1,476$1,058$744$515$351$159
31 years$1,413$1,000$694$473$318$139
32 years$1,354$946$647$434$287$122
33 years$1,298$896$604$400$260$107
34 years$1,246$849$565$368$236$94
35 years$1,198$806$528$338$213$82
36 years$1,151$765$494$312$193$72
37 years$1,108$726$462$287$175$63
38 years$1,067$690$433$265$159$55
39 years$1,028$656$405$244$144$48
40 years$991$624$380$225$131$42
41 years$956$594$356$208$119$37
42 years$923$566$334$192$108$33
43 years$891$539$314$177$98$29
44 years$861$514$294$163$89$25
45 years$833$490$276$151$80$22
46 years$805$468$260$139$73$19
47 years$779$446$244$129$66$17
48 years$754$426$229$119$60$15
49 years$731$407$215$110$55$13
50 years$708$389$203$102$50$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $725,000, adding $5,021 every year, while hoping to spend $28,651 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: 54/29/17 Blend
29$725,000$725,000$725,000$725,000
30$804,129$765,704$754,467$843,624
31$855,666$772,739$749,257$878,191
32$911,499$779,159$742,912$912,327
33$972,037$784,902$735,365$948,847
34$1,037,728$789,906$726,542$987,987
35$1,109,065$794,100$716,371$1,030,006
36$1,186,592$797,413$704,771$1,075,192
37$1,270,905$799,767$691,662$1,123,862
38$1,362,661$801,080$676,957$1,176,367
39$1,462,584$801,264$660,566$1,233,095
40$1,571,468$800,226$642,395$1,294,473
41$1,690,188$797,868$622,346$1,360,977
42$1,819,709$794,085$600,316$1,433,129
43$1,961,090$788,766$576,198$1,511,508
44$2,115,499$781,793$549,878$1,596,752
45$2,284,220$773,042$521,239$1,689,569
46$2,468,669$762,379$490,159$1,790,737
47$2,670,402$749,664$456,508$1,901,119
48$2,891,135$734,750$420,153$2,021,666
49$3,132,756$717,477$380,953$2,153,430
50$3,397,343$697,680$338,762$2,297,572
51$3,687,188$675,182$293,426$2,455,373
52$4,004,811$649,796$244,786$2,628,250
53$4,352,990$621,325$192,674$2,817,765
54$4,734,784$589,558$136,918$3,025,645
55$5,153,561$554,275$77,333$3,253,796
56$5,613,031$515,242$13,731$3,504,321
57$6,117,283$472,212$0$3,779,541
58$6,670,817$424,922$0$4,091,843
59$7,278,594$373,096$0$4,437,529
60$7,946,075$316,442$0$4,817,269
61$8,679,279$254,652$0$5,234,549
62$9,484,835$187,400$0$5,693,215
63$10,370,047$114,340$0$6,197,508
64$11,342,959$35,111$0$6,752,105
65$12,412,436$0$0$7,362,164
66$13,588,243$0$0$8,049,543
67$14,881,139$0$0$8,817,768
68$16,302,978$0$0$9,662,689
69$17,866,819$0$0$10,592,074
70$19,587,052$0$0$11,614,487
71$21,479,530$0$0$12,739,359
72$23,561,720$0$0$13,977,085
73$25,852,869$0$0$15,339,115
74$28,374,182$0$0$16,838,067
75$31,149,026$0$0$18,487,846
76$34,203,144$0$0$20,303,769
77$37,564,906$0$0$22,302,716
78$41,265,569$0$0$24,503,287
79$45,339,573$0$0$26,925,975
80$49,824,872$0$0$29,593,364
81$54,763,281$0$0$32,530,335
82$60,200,881$0$0$35,764,309
83$66,188,446$0$0$39,325,498
84$72,781,925$0$0$43,247,195
85$80,042,970$0$0$47,566,086
86$88,039,517$0$0$52,322,596
87$96,846,425$0$0$57,561,269
88$106,546,183$0$0$63,331,194
89$117,229,692$0$0$69,686,458
90$128,997,117$0$0$76,686,668
91$141,958,834$0$0$84,397,503
92$156,236,472$0$0$92,891,340
93$171,964,061$0$0$102,247,935
94$189,289,295$0$0$112,555,176
95$208,374,928$0$0$123,909,910
96$229,400,306$0$0$136,418,862
97$252,563,064$0$0$150,199,637
98$278,080,986$0$0$165,381,831
99$306,194,066$0$0$182,108,257
100$337,166,768$0$0$200,536,289