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 $2,102 every year, while hoping to spend $23,446 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: 27/44/29 Blend
29$726,000$726,000$726,000$726,000
30$802,220$763,742$752,489$816,610
31$859,100$776,219$752,751$840,967
32$920,996$788,522$752,236$864,953
33$988,395$800,617$750,893$890,235
34$1,061,833$812,468$748,670$916,938
35$1,141,898$824,038$745,509$945,204
36$1,229,241$835,285$741,352$975,190
37$1,324,575$846,165$736,139$1,007,069
38$1,428,687$856,632$729,805$1,041,035
39$1,542,442$866,636$722,282$1,077,302
40$1,666,792$876,123$713,500$1,116,107
41$1,802,788$885,035$703,385$1,157,714
42$1,951,583$893,313$691,859$1,202,416
43$2,114,451$900,891$678,843$1,250,537
44$2,292,790$907,701$664,250$1,302,437
45$2,488,145$913,668$647,992$1,358,513
46$2,702,212$918,714$629,976$1,419,208
47$2,936,863$922,757$610,106$1,485,010
48$3,194,158$925,706$588,279$1,556,461
49$3,476,366$927,469$564,390$1,634,161
50$3,785,985$927,945$538,327$1,718,774
51$4,125,769$927,028$509,974$1,811,035
52$4,498,749$924,605$479,210$1,911,759
53$4,908,267$920,556$445,909$2,021,846
54$5,358,001$914,753$409,937$2,142,292
55$5,852,003$907,063$371,157$2,274,199
56$6,394,740$897,342$329,424$2,418,787
57$6,991,130$885,438$284,586$2,577,404
58$7,646,592$871,190$236,485$2,751,542
59$8,367,095$854,429$184,959$2,942,847
60$9,159,217$834,975$129,833$3,153,144
61$10,030,204$812,635$70,929$3,384,445
62$10,988,038$787,208$8,059$3,638,978
63$12,041,517$758,480$0$3,919,201
64$13,200,331$726,225$0$4,246,099
65$14,475,157$690,202$0$4,608,257
66$15,877,759$650,158$0$5,006,562
67$17,421,100$605,825$0$5,444,745
68$19,119,462$556,921$0$5,926,925
69$20,988,581$503,144$0$6,457,645
70$23,045,797$444,178$0$7,041,918
71$25,310,215$379,690$0$7,685,273
72$27,802,887$309,324$0$8,393,810
73$30,547,008$232,708$0$9,174,257
74$33,568,139$149,447$0$10,034,038
75$36,894,443$59,124$0$10,981,339
76$40,556,955$0$0$12,025,190
77$44,589,870$0$0$13,194,288
78$49,030,870$0$0$14,513,364
79$53,921,476$0$0$15,966,144
80$59,307,441$0$0$17,566,238
81$65,239,184$0$0$19,328,646
82$71,772,259$0$0$21,269,894
83$78,967,886$0$0$23,408,197
84$86,893,525$0$0$25,763,622
85$95,623,513$0$0$28,358,287
86$105,239,766$0$0$31,216,560
87$115,832,550$0$0$34,365,298
88$127,501,335$0$0$37,834,093
89$140,355,733$0$0$41,655,558
90$154,516,532$0$0$45,865,626
91$170,116,834$0$0$50,503,899
92$187,303,315$0$0$55,614,016
93$206,237,606$0$0$61,244,064
94$227,097,819$0$0$67,447,036
95$250,080,229$0$0$74,281,327
96$275,401,126$0$0$81,811,289
97$303,298,854$0$0$90,107,835
98$334,036,065$0$0$99,249,110
99$367,902,195$0$0$109,321,229
100$405,216,195$0$0$120,419,089