Can I retire at age 30 with 726,000?

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 $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%17.3%
1 years$59,952$59,418$58,897$58,389$57,892$56,174
2 years$29,679$29,127$28,591$28,072$27,568$25,851
3 years$19,590$19,035$18,500$17,986$17,490$15,828
4 years$14,546$13,992$13,463$12,958$12,474$10,880
5 years$11,520$10,970$10,448$9,953$9,483$7,961
6 years$9,504$8,958$8,444$7,959$7,503$6,055
7 years$8,064$7,523$7,017$6,544$6,102$4,728
8 years$6,985$6,449$5,951$5,489$5,062$3,761
9 years$6,146$5,615$5,125$4,676$4,263$3,033
10 years$5,475$4,949$4,468$4,031$3,632$2,472
11 years$4,927$4,406$3,934$3,508$3,124$2,031
12 years$4,470$3,954$3,491$3,077$2,707$1,680
13 years$4,084$3,574$3,119$2,716$2,361$1,396
14 years$3,753$3,248$2,803$2,411$2,069$1,166
15 years$3,467$2,967$2,530$2,150$1,822$977
16 years$3,216$2,723$2,294$1,925$1,610$820
17 years$2,996$2,507$2,088$1,730$1,428$691
18 years$2,800$2,317$1,906$1,559$1,270$583
19 years$2,625$2,147$1,745$1,409$1,132$492
20 years$2,467$1,995$1,601$1,276$1,011$417
21 years$2,325$1,859$1,473$1,158$905$353
22 years$2,196$1,735$1,357$1,053$811$299
23 years$2,078$1,623$1,253$959$728$254
24 years$1,971$1,520$1,159$875$654$216
25 years$1,872$1,427$1,074$799$589$183
26 years$1,781$1,341$996$730$530$156
27 years$1,696$1,262$925$668$478$133
28 years$1,618$1,189$859$612$431$113
29 years$1,545$1,122$800$562$390$96
30 years$1,478$1,059$745$515$352$82
31 years$1,415$1,002$695$473$318$70
32 years$1,356$948$648$435$288$59
33 years$1,300$897$605$400$260$50
34 years$1,248$851$565$368$236$43
35 years$1,199$807$529$339$214$37
36 years$1,153$766$494$312$194$31
37 years$1,110$727$463$288$175$27
38 years$1,068$691$433$265$159$23
39 years$1,029$657$406$244$144$19
40 years$993$625$381$225$131$16
41 years$958$595$357$208$119$14
42 years$924$567$335$192$108$12
43 years$893$540$314$177$98$10
44 years$863$515$295$164$89$9
45 years$834$491$277$151$81$7
46 years$807$468$260$140$73$6
47 years$780$447$244$129$66$5
48 years$756$427$230$119$60$5
49 years$732$407$216$110$55$4
50 years$709$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 $726,000, adding $3,524 every year, while hoping to spend $41,181 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: 60/14/26 Blend
29$726,000$726,000$726,000$726,000
30$803,687$765,209$753,956$846,093
31$841,847$758,888$735,397$869,052
32$882,519$750,877$714,837$889,349
33$925,915$741,050$692,163$910,616
34$972,270$729,273$667,262$932,958
35$1,021,838$715,403$640,012$956,489
36$1,074,900$699,292$610,286$981,340
37$1,131,762$680,780$577,953$1,007,654
38$1,192,761$659,698$542,874$1,035,592
39$1,258,268$635,868$504,906$1,065,334
40$1,328,687$609,101$463,896$1,097,081
41$1,404,465$579,199$419,688$1,131,054
42$1,486,089$545,949$372,117$1,167,503
43$1,574,098$509,128$321,011$1,206,704
44$1,669,082$468,501$266,190$1,248,963
45$1,771,688$423,817$207,467$1,294,623
46$1,882,629$374,814$144,647$1,344,064
47$2,002,689$321,211$77,524$1,397,707
48$2,132,728$262,715$5,885$1,456,022
49$2,273,692$199,014$0$1,519,529
50$2,426,622$129,779$0$1,608,381
51$2,592,663$54,664$0$1,706,659
52$2,773,074$0$0$1,813,505
53$2,969,240$0$0$1,933,892
54$3,182,684$0$0$2,074,096
55$3,415,083$0$0$2,226,803
56$3,668,280$0$0$2,393,233
57$3,944,307$0$0$2,574,727
58$4,245,398$0$0$2,772,761
59$4,574,011$0$0$2,988,959
60$4,932,853$0$0$3,225,111
61$5,324,905$0$0$3,483,186
62$5,753,446$0$0$3,765,352
63$6,222,088$0$0$4,073,995
64$6,734,808$0$0$4,411,744
65$7,295,985$0$0$4,781,493
66$7,910,440$0$0$5,186,429
67$8,583,483$0$0$5,630,060
68$9,320,961$0$0$6,116,252
69$10,129,313$0$0$6,649,262
70$11,015,633$0$0$7,233,776
71$11,987,730$0$0$7,874,960
72$13,054,209$0$0$8,578,499
73$14,224,546$0$0$9,350,658
74$15,509,181$0$0$10,198,338
75$16,919,610$0$0$11,129,140
76$18,468,501$0$0$12,151,436
77$20,169,806$0$0$13,274,451
78$22,038,896$0$0$14,508,346
79$24,092,704$0$0$15,864,315
80$26,349,885$0$0$17,354,690
81$28,830,989$0$0$18,993,059
82$31,558,658$0$0$20,794,389
83$34,557,837$0$0$22,775,172
84$37,856,009$0$0$24,953,578
85$41,483,452$0$0$27,349,623
86$45,473,528$0$0$29,985,365
87$49,862,992$0$0$32,885,105
88$54,692,343$0$0$36,075,616
89$60,006,203$0$0$39,586,401
90$65,853,737$0$0$43,449,965
91$72,289,116$0$0$47,702,123
92$79,372,031$0$0$52,382,340
93$87,168,250$0$0$57,534,099
94$95,750,242$0$0$63,205,313
95$105,197,858$0$0$69,448,777
96$115,599,085$0$0$76,322,665
97$127,050,875$0$0$83,891,078
98$139,660,060$0$0$92,224,650
99$153,544,356$0$0$101,401,211
100$168,833,478$0$0$111,506,526