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%13.5%
1 years$59,952$59,418$58,897$58,389$57,892$57,051
2 years$29,679$29,127$28,591$28,072$27,568$26,722
3 years$19,590$19,035$18,500$17,986$17,490$16,666
4 years$14,546$13,992$13,463$12,958$12,474$11,678
5 years$11,520$10,970$10,448$9,953$9,483$8,717
6 years$9,504$8,958$8,444$7,959$7,503$6,769
7 years$8,064$7,523$7,017$6,544$6,102$5,399
8 years$6,985$6,449$5,951$5,489$5,062$4,391
9 years$6,146$5,615$5,125$4,676$4,263$3,623
10 years$5,475$4,949$4,468$4,031$3,632$3,023
11 years$4,927$4,406$3,934$3,508$3,124$2,545
12 years$4,470$3,954$3,491$3,077$2,707$2,157
13 years$4,084$3,574$3,119$2,716$2,361$1,839
14 years$3,753$3,248$2,803$2,411$2,069$1,576
15 years$3,467$2,967$2,530$2,150$1,822$1,355
16 years$3,216$2,723$2,294$1,925$1,610$1,170
17 years$2,996$2,507$2,088$1,730$1,428$1,012
18 years$2,800$2,317$1,906$1,559$1,270$878
19 years$2,625$2,147$1,745$1,409$1,132$763
20 years$2,467$1,995$1,601$1,276$1,011$665
21 years$2,325$1,859$1,473$1,158$905$580
22 years$2,196$1,735$1,357$1,053$811$506
23 years$2,078$1,623$1,253$959$728$443
24 years$1,971$1,520$1,159$875$654$387
25 years$1,872$1,427$1,074$799$589$339
26 years$1,781$1,341$996$730$530$297
27 years$1,696$1,262$925$668$478$261
28 years$1,618$1,189$859$612$431$229
29 years$1,545$1,122$800$562$390$201
30 years$1,478$1,059$745$515$352$176
31 years$1,415$1,002$695$473$318$155
32 years$1,356$948$648$435$288$136
33 years$1,300$897$605$400$260$120
34 years$1,248$851$565$368$236$105
35 years$1,199$807$529$339$214$93
36 years$1,153$766$494$312$194$82
37 years$1,110$727$463$288$175$72
38 years$1,068$691$433$265$159$63
39 years$1,029$657$406$244$144$56
40 years$993$625$381$225$131$49
41 years$958$595$357$208$119$43
42 years$924$567$335$192$108$38
43 years$893$540$314$177$98$33
44 years$863$515$295$164$89$29
45 years$834$491$277$151$81$26
46 years$807$468$260$140$73$23
47 years$780$447$244$129$66$20
48 years$756$427$230$119$60$18
49 years$732$407$216$110$55$16
50 years$709$389$203$102$50$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $726,000, adding $5,120 every year, while hoping to spend $49,397 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: 41/38/21 Blend
29$726,000$726,000$726,000$726,000
30$805,333$766,855$755,602$833,185
31$834,919$751,873$728,357$838,570
32$865,867$734,501$698,543$839,270
33$898,265$714,571$666,023$839,020
34$932,205$691,902$630,652$837,760
35$967,790$666,305$592,279$835,429
36$1,005,130$637,580$550,746$831,962
37$1,044,346$605,514$505,889$827,294
38$1,085,568$569,882$457,535$821,355
39$1,128,937$530,448$405,503$814,077
40$1,174,608$486,960$349,607$805,389
41$1,222,749$439,152$289,650$795,217
42$1,273,543$386,744$225,427$783,490
43$1,327,189$329,439$156,724$770,131
44$1,383,905$266,924$83,316$755,067
45$1,443,929$198,868$4,973$738,223
46$1,507,519$124,922$0$719,522
47$1,574,959$44,716$0$716,511
48$1,646,558$0$0$713,833
49$1,722,656$0$0$727,979
50$1,803,622$0$0$762,975
51$1,889,862$0$0$800,304
52$1,981,821$0$0$840,166
53$2,079,983$0$0$882,777
54$2,184,883$0$0$928,377
55$2,297,104$0$0$977,229
56$2,417,287$0$0$1,029,619
57$2,546,133$0$0$1,085,864
58$2,684,414$0$0$1,146,309
59$2,832,974$0$0$1,211,335
60$2,992,742$0$0$1,281,358
61$3,164,737$0$0$1,356,838
62$3,350,077$0$0$1,438,277
63$3,549,992$0$0$1,526,229
64$3,765,832$0$0$1,621,302
65$3,999,080$0$0$1,724,162
66$4,251,367$0$0$1,835,546
67$4,524,486$0$0$1,956,259
68$4,820,406$0$0$2,087,190
69$5,141,295$0$0$2,229,315
70$5,489,534$0$0$2,383,707
71$5,867,744$0$0$2,551,548
72$6,278,807$0$0$2,734,136
73$6,725,895$0$0$2,932,902
74$7,212,494$0$0$3,149,419
75$7,742,444$0$0$3,385,417
76$8,319,969$0$0$3,642,802
77$8,949,717$0$0$3,923,671
78$9,636,805$0$0$4,230,331
79$10,386,862$0$0$4,565,323
80$11,206,090$0$0$4,931,445
81$12,101,312$0$0$5,331,776
82$13,080,040$0$0$5,769,706
83$14,150,547$0$0$6,248,969
84$15,321,941$0$0$6,773,675
85$16,604,250$0$0$7,348,352
86$18,008,518$0$0$7,977,984
87$19,546,907$0$0$8,668,062
88$21,232,808$0$0$9,424,632
89$23,080,974$0$0$10,254,354
90$25,107,648$0$0$11,164,562
91$27,330,725$0$0$12,163,336
92$29,769,911$0$0$13,259,574
93$32,446,915$0$0$14,463,080
94$35,385,648$0$0$15,784,650
95$38,612,450$0$0$17,236,180
96$42,156,337$0$0$18,830,773
97$46,049,270$0$0$20,582,865
98$50,326,461$0$0$22,508,357
99$55,026,702$0$0$24,624,770
100$60,192,725$0$0$26,951,405