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%19%
1 years$59,870$59,337$58,816$58,308$57,813$55,717
2 years$29,639$29,087$28,552$28,033$27,530$25,442
3 years$19,563$19,008$18,475$17,961$17,466$15,451
4 years$14,526$13,973$13,445$12,940$12,457$10,530
5 years$11,504$10,955$10,434$9,939$9,470$7,636
6 years$9,491$8,946$8,432$7,948$7,493$5,754
7 years$8,053$7,513$7,007$6,535$6,094$4,449
8 years$6,975$6,440$5,943$5,482$5,055$3,504
9 years$6,138$5,607$5,118$4,669$4,257$2,797
10 years$5,468$4,942$4,462$4,025$3,627$2,255
11 years$4,920$4,400$3,929$3,503$3,120$1,833
12 years$4,464$3,949$3,486$3,073$2,704$1,499
13 years$4,078$3,569$3,115$2,713$2,358$1,231
14 years$3,748$3,244$2,799$2,408$2,067$1,016
15 years$3,462$2,963$2,527$2,147$1,820$841
16 years$3,212$2,719$2,291$1,923$1,608$698
17 years$2,992$2,504$2,085$1,728$1,426$580
18 years$2,796$2,314$1,903$1,557$1,268$483
19 years$2,621$2,144$1,742$1,407$1,130$403
20 years$2,464$1,993$1,599$1,274$1,009$337
21 years$2,322$1,856$1,471$1,156$903$282
22 years$2,193$1,733$1,355$1,051$810$236
23 years$2,076$1,620$1,252$958$727$197
24 years$1,968$1,518$1,157$873$653$165
25 years$1,869$1,425$1,072$798$588$139
26 years$1,778$1,339$994$729$530$116
27 years$1,694$1,260$923$668$477$97
28 years$1,616$1,188$858$612$431$82
29 years$1,543$1,120$799$561$389$69
30 years$1,476$1,058$744$515$351$58
31 years$1,413$1,000$694$473$318$48
32 years$1,354$946$647$434$287$41
33 years$1,298$896$604$400$260$34
34 years$1,246$849$565$368$236$29
35 years$1,198$806$528$338$213$24
36 years$1,151$765$494$312$193$20
37 years$1,108$726$462$287$175$17
38 years$1,067$690$433$265$159$14
39 years$1,028$656$405$244$144$12
40 years$991$624$380$225$131$10
41 years$956$594$356$208$119$8
42 years$923$566$334$192$108$7
43 years$891$539$314$177$98$6
44 years$861$514$294$163$89$5
45 years$833$490$276$151$80$4
46 years$805$468$260$139$73$4
47 years$779$446$244$129$66$3
48 years$754$426$229$119$60$3
49 years$731$407$215$110$55$2
50 years$708$389$203$102$50$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $725,000, adding $3,767 every year, while hoping to spend $46,118 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: 68/21/11 Blend
29$725,000$725,000$725,000$725,000
30$802,836$764,411$753,173$855,306
31$835,656$752,798$729,335$879,044
32$870,278$739,070$703,153$899,117
33$906,837$723,075$674,500$919,865
34$945,480$704,652$643,241$941,348
35$986,369$683,630$609,240$963,633
36$1,029,679$659,827$572,349$986,796
37$1,075,601$633,054$532,418$1,010,921
38$1,124,345$603,107$489,287$1,036,103
39$1,176,141$569,772$442,791$1,062,448
40$1,231,239$532,822$392,756$1,090,073
41$1,289,914$492,019$339,002$1,119,113
42$1,352,466$447,109$281,339$1,149,713
43$1,419,224$397,823$219,571$1,182,041
44$1,490,549$343,881$153,490$1,216,281
45$1,566,836$284,982$82,883$1,252,638
46$1,648,518$220,811$7,524$1,291,343
47$1,736,070$151,034$0$1,332,651
48$1,830,014$75,299$0$1,385,404
49$1,930,922$0$0$1,442,862
50$2,039,420$0$0$1,506,089
51$2,156,199$0$0$1,592,901
52$2,282,016$0$0$1,686,462
53$2,417,701$0$0$1,787,396
54$2,564,168$0$0$1,896,386
55$2,722,420$0$0$2,014,183
56$2,893,560$0$0$2,141,613
57$3,078,800$0$0$2,279,584
58$3,279,473$0$0$2,429,092
59$3,497,044$0$0$2,591,236
60$3,733,123$0$0$2,767,221
61$3,989,483$0$0$2,958,374
62$4,268,072$0$0$3,166,156
63$4,571,035$0$0$3,392,171
64$4,900,730$0$0$3,638,186
65$5,259,752$0$0$3,906,145
66$5,650,958$0$0$4,198,187
67$6,077,490$0$0$4,516,666
68$6,542,808$0$0$4,864,173
69$7,050,719$0$0$5,243,561
70$7,605,414$0$0$5,657,968
71$8,211,507$0$0$6,110,851
72$8,874,077$0$0$6,606,015
73$9,598,716$0$0$7,147,649
74$10,391,582$0$0$7,740,366
75$11,259,456$0$0$8,389,246
76$12,209,802$0$0$9,099,881
77$13,250,843$0$0$9,878,431
78$14,391,633$0$0$10,731,680
79$15,642,143$0$0$11,667,098
80$17,013,356$0$0$12,692,913
81$18,517,368$0$0$13,818,189
82$20,167,501$0$0$15,052,906
83$21,978,431$0$0$16,408,061
84$23,966,322$0$0$17,895,763
85$26,148,979$0$0$19,529,355
86$28,546,018$0$0$21,323,532
87$31,179,044$0$0$23,294,484
88$34,071,862$0$0$25,460,045
89$37,250,692$0$0$27,839,864
90$40,744,423$0$0$30,455,585
91$44,584,880$0$0$33,331,056
92$48,807,127$0$0$36,492,548
93$53,449,793$0$0$39,969,007
94$58,555,437$0$0$43,792,322
95$64,170,951$0$0$47,997,630
96$70,347,997$0$0$52,623,641
97$77,143,497$0$0$57,713,009
98$84,620,169$0$0$63,312,727
99$92,847,114$0$0$69,474,576
100$101,900,471$0$0$76,255,608