Can I retire at age 30 with 728,000?

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 $728,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$60,118$59,582$59,060$58,550$58,052$56,557
2 years$29,761$29,207$28,670$28,149$27,644$26,147
3 years$19,644$19,087$18,551$18,035$17,538$16,087
4 years$14,586$14,031$13,501$12,993$12,508$11,114
5 years$11,552$11,000$10,477$9,980$9,509$8,175
6 years$9,530$8,983$8,467$7,981$7,524$6,252
7 years$8,087$7,544$7,036$6,562$6,119$4,909
8 years$7,004$6,466$5,967$5,505$5,076$3,928
9 years$6,163$5,630$5,139$4,689$4,275$3,187
10 years$5,490$4,963$4,481$4,042$3,642$2,614
11 years$4,940$4,418$3,945$3,517$3,133$2,162
12 years$4,482$3,965$3,501$3,085$2,715$1,800
13 years$4,095$3,583$3,128$2,724$2,367$1,506
14 years$3,763$3,257$2,810$2,418$2,075$1,266
15 years$3,476$2,976$2,537$2,156$1,827$1,068
16 years$3,225$2,730$2,300$1,931$1,615$904
17 years$3,004$2,514$2,093$1,735$1,432$766
18 years$2,808$2,323$1,911$1,563$1,273$651
19 years$2,632$2,153$1,749$1,413$1,135$555
20 years$2,474$2,001$1,606$1,279$1,014$473
21 years$2,332$1,864$1,477$1,161$907$404
22 years$2,202$1,740$1,361$1,056$813$345
23 years$2,084$1,627$1,257$962$730$295
24 years$1,976$1,525$1,162$877$656$253
25 years$1,877$1,431$1,076$801$590$216
26 years$1,785$1,345$998$732$532$185
27 years$1,701$1,265$927$670$479$159
28 years$1,623$1,192$862$614$433$136
29 years$1,550$1,125$802$563$391$117
30 years$1,482$1,062$747$517$353$100
31 years$1,419$1,004$696$475$319$86
32 years$1,359$950$650$436$289$74
33 years$1,304$900$607$401$261$64
34 years$1,252$853$567$369$236$55
35 years$1,202$809$530$340$214$47
36 years$1,156$768$496$313$194$40
37 years$1,113$729$464$288$176$35
38 years$1,071$693$435$266$159$30
39 years$1,032$659$407$245$145$26
40 years$995$627$382$226$131$22
41 years$960$597$358$209$119$19
42 years$927$568$336$192$108$16
43 years$895$542$315$178$98$14
44 years$865$516$296$164$89$12
45 years$836$492$278$151$81$10
46 years$809$470$261$140$73$9
47 years$783$448$245$129$67$8
48 years$758$428$230$119$60$7
49 years$734$409$216$110$55$6
50 years$711$390$203$102$50$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $728,000, adding $6,495 every year, while hoping to spend $39,444 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: 42/48/10 Blend
29$728,000$728,000$728,000$728,000
30$808,956$770,372$759,088$840,299
31$849,501$766,152$742,549$858,624
32$892,860$760,403$724,134$873,986
33$939,278$753,009$703,739$889,735
34$989,024$743,846$681,254$905,920
35$1,042,393$732,783$656,565$922,600
36$1,099,709$719,682$629,552$939,844
37$1,161,328$704,395$600,090$957,729
38$1,227,640$686,766$568,049$976,344
39$1,299,072$666,631$533,292$995,790
40$1,376,097$643,815$495,677$1,016,182
41$1,459,230$618,134$455,054$1,037,652
42$1,549,041$589,391$411,267$1,060,348
43$1,646,152$557,381$364,154$1,084,438
44$1,751,251$521,884$313,544$1,110,111
45$1,865,092$482,669$259,261$1,137,584
46$1,988,503$439,492$201,118$1,167,096
47$2,122,398$392,094$138,922$1,198,921
48$2,267,778$340,202$72,472$1,233,364
49$2,425,747$283,528$1,556$1,270,768
50$2,597,519$221,766$0$1,311,521
51$2,784,428$154,595$0$1,363,961
52$2,987,944$81,675$0$1,421,357
53$3,209,683$2,645$0$1,484,108
54$3,451,423$0$0$1,552,848
55$3,715,124$0$0$1,672,053
56$4,002,939$0$0$1,803,770
57$4,317,240$0$0$1,947,699
58$4,660,640$0$0$2,105,048
59$5,036,012$0$0$2,277,145
60$5,446,521$0$0$2,465,452
61$5,895,653$0$0$2,671,583
62$6,387,244$0$0$2,897,310
63$6,925,520$0$0$3,144,589
64$7,515,133$0$0$3,415,570
65$8,161,209$0$0$3,712,623
66$8,869,389$0$0$4,038,359
67$9,645,889$0$0$4,395,651
68$10,497,554$0$0$4,787,667
69$11,431,925$0$0$5,217,894
70$12,457,306$0$0$5,690,174
71$13,582,844$0$0$6,208,738
72$14,818,616$0$0$6,778,247
73$16,175,722$0$0$7,403,837
74$17,666,389$0$0$8,091,165
75$19,304,088$0$0$8,846,463
76$21,103,657$0$0$9,676,596
77$23,081,445$0$0$10,589,129
78$25,255,462$0$0$11,592,393
79$27,645,549$0$0$12,695,571
80$30,273,568$0$0$13,908,776
81$33,163,601$0$0$15,243,153
82$36,342,185$0$0$16,710,981
83$39,838,555$0$0$18,325,787
84$43,684,923$0$0$20,102,478
85$47,916,780$0$0$22,057,476
86$52,573,231$0$0$24,208,877
87$57,697,360$0$0$26,576,620
88$63,336,644$0$0$29,182,673
89$69,543,390$0$0$32,051,243
90$76,375,236$0$0$35,209,004
91$83,895,690$0$0$38,685,345
92$92,174,732$0$0$42,512,651
93$101,289,469$0$0$46,726,607
94$111,324,865$0$0$51,366,532
95$122,374,545$0$0$56,475,755
96$134,541,669$0$0$62,102,018
97$147,939,915$0$0$68,297,931
98$162,694,545$0$0$75,121,465
99$178,943,587$0$0$82,636,499
100$196,839,138$0$0$90,913,425