Can I retire at age 30 with 727,000?

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 $727,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$60,035$59,500$58,978$58,469$57,972$56,941
2 years$29,720$29,167$28,630$28,110$27,606$26,571
3 years$19,617$19,061$18,526$18,010$17,514$16,507
4 years$14,566$14,012$13,482$12,976$12,491$11,520
5 years$11,536$10,985$10,463$9,966$9,496$8,563
6 years$9,517$8,970$8,455$7,970$7,514$6,621
7 years$8,075$7,533$7,026$6,553$6,111$5,258
8 years$6,995$6,457$5,959$5,497$5,069$4,256
9 years$6,155$5,622$5,132$4,682$4,269$3,495
10 years$5,483$4,956$4,475$4,036$3,637$2,902
11 years$4,934$4,412$3,939$3,513$3,128$2,430
12 years$4,476$3,960$3,496$3,081$2,711$2,050
13 years$4,089$3,579$3,124$2,720$2,364$1,739
14 years$3,758$3,253$2,806$2,415$2,072$1,482
15 years$3,472$2,972$2,534$2,153$1,825$1,267
16 years$3,221$2,726$2,297$1,928$1,613$1,088
17 years$3,000$2,511$2,090$1,732$1,430$936
18 years$2,804$2,320$1,908$1,561$1,271$807
19 years$2,628$2,150$1,747$1,411$1,133$698
20 years$2,471$1,998$1,603$1,278$1,012$604
21 years$2,328$1,861$1,475$1,160$906$523
22 years$2,199$1,737$1,359$1,054$812$454
23 years$2,081$1,625$1,255$960$729$395
24 years$1,973$1,522$1,161$876$655$343
25 years$1,874$1,429$1,075$800$589$299
26 years$1,783$1,343$997$731$531$260
27 years$1,699$1,264$926$669$479$227
28 years$1,620$1,191$861$613$432$198
29 years$1,548$1,123$801$562$390$172
30 years$1,480$1,061$746$516$352$150
31 years$1,417$1,003$695$474$319$131
32 years$1,357$949$649$436$288$115
33 years$1,302$899$606$401$261$100
34 years$1,250$852$566$369$236$87
35 years$1,201$808$529$339$214$76
36 years$1,155$767$495$312$194$67
37 years$1,111$728$463$288$176$58
38 years$1,070$692$434$265$159$51
39 years$1,031$658$407$245$144$45
40 years$994$626$381$226$131$39
41 years$959$596$357$208$119$34
42 years$926$568$335$192$108$30
43 years$894$541$315$177$98$26
44 years$864$516$295$164$89$23
45 years$835$492$277$151$81$20
46 years$808$469$260$140$73$17
47 years$782$448$245$129$66$15
48 years$757$427$230$119$60$13
49 years$733$408$216$110$55$12
50 years$710$390$203$102$50$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $727,000, adding $3,600 every year, while hoping to spend $40,274 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: 64/7/29 Blend
29$727,000$727,000$727,000$727,000
30$804,867$766,336$755,068$849,943
31$844,113$761,036$737,511$875,622
32$886,011$754,125$718,017$898,928
33$930,791$745,484$696,477$923,529
34$978,702$734,983$672,780$949,559
35$1,030,019$722,486$646,807$977,166
36$1,085,041$707,849$618,436$1,006,514
37$1,144,100$690,919$587,538$1,037,787
38$1,207,557$671,532$553,979$1,071,188
39$1,275,810$649,519$517,619$1,106,943
40$1,349,294$624,697$478,311$1,145,301
41$1,428,490$596,875$435,902$1,186,543
42$1,513,922$565,848$390,232$1,230,975
43$1,606,170$531,403$341,132$1,278,939
44$1,705,870$493,312$288,430$1,330,816
45$1,813,718$451,333$231,942$1,387,025
46$1,930,483$405,215$171,478$1,448,032
47$2,057,009$354,687$106,839$1,514,353
48$2,194,223$299,466$37,818$1,586,560
49$2,343,146$239,252$0$1,665,285
50$2,504,901$173,729$0$1,762,319
51$2,680,721$102,562$0$1,880,558
52$2,871,965$25,398$0$2,009,216
53$3,080,126$0$0$2,149,322
54$3,306,850$0$0$2,306,482
55$3,553,945$0$0$2,479,942
56$3,823,402$0$0$2,669,147
57$4,117,413$0$0$2,875,643
58$4,438,390$0$0$3,101,131
59$4,788,988$0$0$3,347,481
60$5,172,130$0$0$3,616,756
61$5,591,035$0$0$3,911,223
62$6,049,245$0$0$4,233,381
63$6,550,662$0$0$4,585,980
64$7,099,583$0$0$4,972,049
65$7,700,737$0$0$5,394,924
66$8,359,334$0$0$5,858,278
67$9,081,112$0$0$6,366,155
68$9,872,388$0$0$6,923,011
69$10,740,122$0$0$7,533,753
70$11,691,978$0$0$8,203,786
71$12,736,399$0$0$8,939,062
72$13,882,684$0$0$9,746,138
73$15,141,076$0$0$10,632,238
74$16,522,859$0$0$11,605,318
75$18,040,461$0$0$12,674,143
76$19,707,575$0$0$13,848,368
77$21,539,285$0$0$15,138,630
78$23,552,207$0$0$16,556,647
79$25,764,649$0$0$18,115,330
80$28,196,779$0$0$19,828,899
81$30,870,817$0$0$21,713,026
82$33,811,242$0$0$23,784,973
83$37,045,025$0$0$26,063,762
84$40,601,884$0$0$28,570,347
85$44,514,557$0$0$31,327,819
86$48,819,119$0$0$34,361,617
87$53,555,314$0$0$37,699,770
88$58,766,935$0$0$41,373,163
89$64,502,235$0$0$45,415,825
90$70,814,379$0$0$49,865,250
91$77,761,948$0$0$54,762,752
92$85,409,491$0$0$60,153,854
93$93,828,133$0$0$66,088,715
94$103,096,242$0$0$72,622,606
95$113,300,174$0$0$79,816,428
96$124,535,082$0$0$87,737,289
97$136,905,818$0$0$96,459,135
98$150,527,915$0$0$106,063,447
99$165,528,685$0$0$116,640,011
100$182,048,410$0$0$128,287,766