Can I retire at age 30 with 726,000?

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 $726,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$59,952$59,418$58,897$58,389$57,892$55,705
2 years$29,679$29,127$28,591$28,072$27,568$25,390
3 years$19,590$19,035$18,500$17,986$17,490$15,390
4 years$14,546$13,992$13,463$12,958$12,474$10,467
5 years$11,520$10,970$10,448$9,953$9,483$7,575
6 years$9,504$8,958$8,444$7,959$7,503$5,695
7 years$8,064$7,523$7,017$6,544$6,102$4,394
8 years$6,985$6,449$5,951$5,489$5,062$3,452
9 years$6,146$5,615$5,125$4,676$4,263$2,748
10 years$5,475$4,949$4,468$4,031$3,632$2,210
11 years$4,927$4,406$3,934$3,508$3,124$1,792
12 years$4,470$3,954$3,491$3,077$2,707$1,461
13 years$4,084$3,574$3,119$2,716$2,361$1,198
14 years$3,753$3,248$2,803$2,411$2,069$985
15 years$3,467$2,967$2,530$2,150$1,822$813
16 years$3,216$2,723$2,294$1,925$1,610$673
17 years$2,996$2,507$2,088$1,730$1,428$558
18 years$2,800$2,317$1,906$1,559$1,270$463
19 years$2,625$2,147$1,745$1,409$1,132$385
20 years$2,467$1,995$1,601$1,276$1,011$321
21 years$2,325$1,859$1,473$1,158$905$267
22 years$2,196$1,735$1,357$1,053$811$223
23 years$2,078$1,623$1,253$959$728$186
24 years$1,971$1,520$1,159$875$654$156
25 years$1,872$1,427$1,074$799$589$130
26 years$1,781$1,341$996$730$530$109
27 years$1,696$1,262$925$668$478$91
28 years$1,618$1,189$859$612$431$76
29 years$1,545$1,122$800$562$390$64
30 years$1,478$1,059$745$515$352$53
31 years$1,415$1,002$695$473$318$44
32 years$1,356$948$648$435$288$37
33 years$1,300$897$605$400$260$31
34 years$1,248$851$565$368$236$26
35 years$1,199$807$529$339$214$22
36 years$1,153$766$494$312$194$18
37 years$1,110$727$463$288$175$15
38 years$1,068$691$433$265$159$13
39 years$1,029$657$406$244$144$11
40 years$993$625$381$225$131$9
41 years$958$595$357$208$119$8
42 years$924$567$335$192$108$6
43 years$893$540$314$177$98$5
44 years$863$515$295$164$89$4
45 years$834$491$277$151$81$4
46 years$807$468$260$140$73$3
47 years$780$447$244$129$66$3
48 years$756$427$230$119$60$2
49 years$732$407$216$110$55$2
50 years$709$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 $726,000, adding $3,349 every year, while hoping to spend $42,549 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: 42/44/14 Blend
29$726,000$726,000$726,000$726,000
30$803,506$765,028$753,775$833,827
31$840,192$757,243$733,755$847,683
32$879,194$747,650$711,638$858,205
33$920,703$736,116$687,309$868,675
34$964,929$722,500$660,648$879,106
35$1,012,100$706,651$631,528$889,519
36$1,062,469$688,411$599,819$899,936
37$1,116,309$667,612$565,382$910,388
38$1,173,924$644,077$528,073$920,912
39$1,235,644$617,616$487,743$931,552
40$1,301,831$588,031$444,234$942,362
41$1,372,885$555,111$397,383$953,405
42$1,449,241$518,633$347,017$964,757
43$1,531,380$478,362$292,958$976,503
44$1,619,828$434,049$235,020$988,747
45$1,715,163$385,431$173,006$1,001,606
46$1,818,021$332,228$106,713$1,015,217
47$1,929,100$274,148$35,928$1,029,736
48$2,049,166$210,880$0$1,045,344
49$2,179,064$142,095$0$1,068,162
50$2,319,718$67,448$0$1,098,620
51$2,472,149$0$0$1,131,647
52$2,637,476$0$0$1,174,086
53$2,816,930$0$0$1,255,676
54$3,011,868$0$0$1,344,386
55$3,223,780$0$0$1,440,903
56$3,454,304$0$0$1,545,987
57$3,705,246$0$0$1,660,469
58$3,978,589$0$0$1,785,268
59$4,276,519$0$0$1,921,392
60$4,601,439$0$0$2,069,952
61$4,955,995$0$0$2,232,172
62$5,343,101$0$0$2,409,398
63$5,765,961$0$0$2,603,111
64$6,228,106$0$0$2,814,944
65$6,733,421$0$0$3,046,692
66$7,286,185$0$0$3,300,334
67$7,891,109$0$0$3,578,049
68$8,553,379$0$0$3,882,234
69$9,278,708$0$0$4,215,532
70$10,073,386$0$0$4,580,852
71$10,944,342$0$0$4,981,398
72$11,899,204$0$0$5,420,697
73$12,946,376$0$0$5,902,639
74$14,095,114$0$0$6,431,502
75$15,355,611$0$0$7,012,004
76$16,739,098$0$0$7,649,339
77$18,257,942$0$0$8,349,228
78$19,925,769$0$0$9,117,974
79$21,757,588$0$0$9,962,523
80$23,769,933$0$0$10,890,522
81$25,981,020$0$0$11,910,400
82$28,410,914$0$0$13,031,441
83$31,081,721$0$0$14,263,872
84$34,017,797$0$0$15,618,963
85$37,245,974$0$0$17,109,128
86$40,795,813$0$0$18,748,047
87$44,699,885$0$0$20,550,790
88$48,994,072$0$0$22,533,961
89$53,717,914$0$0$24,715,857
90$58,914,970$0$0$27,116,634
91$64,633,237$0$0$29,758,502
92$70,925,599$0$0$32,665,934
93$77,850,326$0$0$35,865,894
94$85,471,619$0$0$39,388,094
95$93,860,221$0$0$43,265,269
96$103,094,082$0$0$47,533,494
97$113,259,090$0$0$52,232,515
98$124,449,886$0$0$57,406,131
99$136,770,751$0$0$63,102,601
100$150,336,595$0$0$69,375,105