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%15.3%
1 years$60,035$59,500$58,978$58,469$57,972$56,709
2 years$29,720$29,167$28,630$28,110$27,606$26,339
3 years$19,617$19,061$18,526$18,010$17,514$16,284
4 years$14,566$14,012$13,482$12,976$12,491$11,307
5 years$11,536$10,985$10,463$9,966$9,496$8,361
6 years$9,517$8,970$8,455$7,970$7,514$6,429
7 years$8,075$7,533$7,026$6,553$6,111$5,077
8 years$6,995$6,457$5,959$5,497$5,069$4,086
9 years$6,155$5,622$5,132$4,682$4,269$3,335
10 years$5,483$4,956$4,475$4,036$3,637$2,752
11 years$4,934$4,412$3,939$3,513$3,128$2,291
12 years$4,476$3,960$3,496$3,081$2,711$1,920
13 years$4,089$3,579$3,124$2,720$2,364$1,617
14 years$3,758$3,253$2,806$2,415$2,072$1,369
15 years$3,472$2,972$2,534$2,153$1,825$1,163
16 years$3,221$2,726$2,297$1,928$1,613$991
17 years$3,000$2,511$2,090$1,732$1,430$847
18 years$2,804$2,320$1,908$1,561$1,271$725
19 years$2,628$2,150$1,747$1,411$1,133$622
20 years$2,471$1,998$1,603$1,278$1,012$534
21 years$2,328$1,861$1,475$1,160$906$460
22 years$2,199$1,737$1,359$1,054$812$396
23 years$2,081$1,625$1,255$960$729$341
24 years$1,973$1,522$1,161$876$655$294
25 years$1,874$1,429$1,075$800$589$254
26 years$1,783$1,343$997$731$531$220
27 years$1,699$1,264$926$669$479$190
28 years$1,620$1,191$861$613$432$164
29 years$1,548$1,123$801$562$390$142
30 years$1,480$1,061$746$516$352$123
31 years$1,417$1,003$695$474$319$106
32 years$1,357$949$649$436$288$92
33 years$1,302$899$606$401$261$80
34 years$1,250$852$566$369$236$69
35 years$1,201$808$529$339$214$60
36 years$1,155$767$495$312$194$52
37 years$1,111$728$463$288$176$45
38 years$1,070$692$434$265$159$39
39 years$1,031$658$407$245$144$34
40 years$994$626$381$226$131$29
41 years$959$596$357$208$119$25
42 years$926$568$335$192$108$22
43 years$894$541$315$177$98$19
44 years$864$516$295$164$89$17
45 years$835$492$277$151$81$14
46 years$808$469$260$140$73$12
47 years$782$448$245$129$66$11
48 years$757$427$230$119$60$9
49 years$733$408$216$110$55$8
50 years$710$390$203$102$50$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $727,000, adding $5,076 every year, while hoping to spend $38,210 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: 57/38/5 Blend
29$727,000$727,000$727,000$727,000
30$806,390$767,859$756,590$851,296
31$847,987$764,829$741,281$879,025
32$892,545$760,370$724,178$904,453
33$940,328$754,371$705,181$931,198
34$991,622$746,716$684,186$959,389
35$1,046,743$737,280$661,081$989,167
36$1,106,036$725,932$635,753$1,020,693
37$1,169,882$712,533$608,080$1,054,143
38$1,238,697$696,934$577,938$1,089,714
39$1,312,940$678,980$545,195$1,127,625
40$1,393,115$658,505$509,714$1,168,120
41$1,479,775$635,334$471,352$1,211,468
42$1,573,528$609,281$429,958$1,257,970
43$1,675,042$580,150$385,376$1,307,961
44$1,785,052$547,734$337,442$1,361,810
45$1,904,367$511,812$285,986$1,419,929
46$2,033,876$472,154$230,829$1,482,774
47$2,174,555$428,513$171,786$1,550,853
48$2,327,479$380,630$108,661$1,624,727
49$2,493,833$328,232$41,251$1,705,020
50$2,674,916$271,027$0$1,792,423
51$2,872,161$208,711$0$1,889,339
52$3,087,144$140,961$0$1,997,435
53$3,321,599$67,434$0$2,115,462
54$3,577,434$0$0$2,244,475
55$3,856,752$0$0$2,390,756
56$4,161,864$0$0$2,581,406
57$4,495,316$0$0$2,789,827
58$4,859,913$0$0$3,017,778
59$5,258,739$0$0$3,267,197
60$5,695,194$0$0$3,540,217
61$6,173,020$0$0$3,839,188
62$6,696,337$0$0$4,166,696
63$7,269,682$0$0$4,525,592
64$7,898,054$0$0$4,919,013
65$8,586,956$0$0$5,350,414
66$9,342,450$0$0$5,823,603
67$10,171,212$0$0$6,342,772
68$11,080,597$0$0$6,912,539
69$12,078,704$0$0$7,537,990
70$13,174,457$0$0$8,224,729
71$14,377,685$0$0$8,978,927
72$15,699,213$0$0$9,807,386
73$17,150,970$0$0$10,717,594
74$18,746,095$0$0$11,717,804
75$20,499,063$0$0$12,817,106
76$22,425,822$0$0$14,025,516
77$24,543,939$0$0$15,354,067
78$26,872,770$0$0$16,814,916
79$29,433,641$0$0$18,421,456
80$32,250,046$0$0$20,188,442
81$35,347,870$0$0$22,132,133
82$38,755,635$0$0$24,270,441
83$42,504,763$0$0$26,623,103
84$46,629,879$0$0$29,211,864
85$51,169,129$0$0$32,060,684
86$56,164,548$0$0$35,195,965
87$61,662,448$0$0$38,646,794
88$67,713,862$0$0$42,445,225
89$74,375,018$0$0$46,626,573
90$81,707,873$0$0$51,229,756
91$89,780,698$0$0$56,297,652
92$98,668,718$0$0$61,877,511
93$108,454,823$0$0$68,021,396
94$119,230,350$0$0$74,786,678
95$131,095,945$0$0$82,236,573
96$144,162,509$0$0$90,440,739
97$158,552,249$0$0$99,475,934
98$174,399,824$0$0$109,426,743
99$191,853,623$0$0$120,386,368
100$211,077,157$0$0$132,457,515