Can I retire at age 30 with 729,000?

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 $729,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$60,200$59,664$59,141$58,630$58,131$56,361
2 years$29,802$29,247$28,709$28,188$27,682$25,913
3 years$19,671$19,113$18,577$18,060$17,562$15,851
4 years$14,606$14,050$13,519$13,011$12,526$10,885
5 years$11,568$11,016$10,491$9,994$9,522$7,956
6 years$9,543$8,995$8,479$7,992$7,534$6,045
7 years$8,098$7,554$7,046$6,571$6,127$4,714
8 years$7,014$6,475$5,975$5,512$5,083$3,746
9 years$6,171$5,638$5,147$4,695$4,281$3,017
10 years$5,498$4,969$4,487$4,047$3,647$2,456
11 years$4,947$4,424$3,950$3,522$3,137$2,015
12 years$4,488$3,971$3,506$3,090$2,718$1,665
13 years$4,101$3,588$3,132$2,728$2,371$1,382
14 years$3,769$3,262$2,814$2,421$2,078$1,152
15 years$3,481$2,980$2,541$2,159$1,830$964
16 years$3,230$2,734$2,304$1,933$1,617$808
17 years$3,008$2,518$2,096$1,737$1,434$680
18 years$2,811$2,326$1,914$1,566$1,275$573
19 years$2,636$2,156$1,752$1,415$1,136$483
20 years$2,478$2,004$1,608$1,281$1,015$408
21 years$2,335$1,866$1,479$1,163$908$345
22 years$2,205$1,742$1,363$1,057$814$292
23 years$2,087$1,629$1,258$963$731$248
24 years$1,979$1,527$1,164$878$657$210
25 years$1,879$1,433$1,078$802$591$178
26 years$1,788$1,346$1,000$733$532$151
27 years$1,703$1,267$928$671$480$128
28 years$1,625$1,194$863$615$433$109
29 years$1,552$1,126$803$564$391$93
30 years$1,484$1,064$748$518$353$79
31 years$1,421$1,006$697$475$320$67
32 years$1,361$952$651$437$289$57
33 years$1,306$901$608$402$262$48
34 years$1,253$854$568$370$237$41
35 years$1,204$810$531$340$214$35
36 years$1,158$769$496$313$194$30
37 years$1,114$730$465$289$176$25
38 years$1,073$694$435$266$160$22
39 years$1,034$660$408$245$145$18
40 years$997$628$382$226$131$16
41 years$962$598$358$209$119$13
42 years$928$569$336$193$108$11
43 years$896$542$315$178$98$10
44 years$866$517$296$164$89$8
45 years$837$493$278$152$81$7
46 years$810$470$261$140$73$6
47 years$784$449$245$129$67$5
48 years$759$428$231$120$61$4
49 years$735$409$217$111$55$4
50 years$712$391$204$102$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $729,000, adding $3,964 every year, while hoping to spend $53,789 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: 51/25/24 Blend
29$729,000$729,000$729,000$729,000
30$807,447$768,810$757,510$843,019
31$832,575$749,250$725,656$848,545
32$858,464$726,930$690,931$848,759
33$885,134$701,656$653,184$847,891
34$912,606$673,226$612,254$845,862
35$940,902$641,424$567,975$842,584
36$970,043$606,022$520,171$837,969
37$1,000,051$566,781$468,660$831,918
38$1,030,949$523,446$413,253$824,332
39$1,062,758$475,747$353,749$815,104
40$1,095,501$423,401$289,942$804,118
41$1,129,201$366,106$221,614$791,257
42$1,163,880$303,546$148,538$776,393
43$1,199,560$235,384$70,479$759,392
44$1,236,265$161,267$0$740,113
45$1,274,015$80,820$0$721,691
46$1,312,832$0$0$720,158
47$1,352,739$0$0$719,095
48$1,393,754$0$0$740,850
49$1,435,899$0$0$763,198
50$1,479,192$0$0$786,150
51$1,523,652$0$0$809,714
52$1,569,294$0$0$833,897
53$1,616,133$0$0$858,707
54$1,664,184$0$0$884,151
55$1,713,456$0$0$910,232
56$1,763,960$0$0$936,953
57$1,815,700$0$0$964,318
58$1,868,681$0$0$992,326
59$1,922,900$0$0$1,020,974
60$1,978,353$0$0$1,050,258
61$2,035,031$0$0$1,080,171
62$2,092,920$0$0$1,110,704
63$2,151,997$0$0$1,141,842
64$2,212,238$0$0$1,173,567
65$2,273,605$0$0$1,205,860
66$2,336,058$0$0$1,238,693
67$2,399,543$0$0$1,272,035
68$2,463,997$0$0$1,305,848
69$2,529,346$0$0$1,340,088
70$2,595,503$0$0$1,374,704
71$2,662,364$0$0$1,409,635
72$2,729,812$0$0$1,444,812
73$2,797,711$0$0$1,480,156
74$2,865,903$0$0$1,515,577
75$2,934,209$0$0$1,550,970
76$3,002,427$0$0$1,586,219
77$3,070,323$0$0$1,621,190
78$3,137,638$0$0$1,655,734
79$3,204,073$0$0$1,689,680
80$3,269,297$0$0$1,722,838
81$3,332,933$0$0$1,754,994
82$3,394,560$0$0$1,785,907
83$3,453,706$0$0$1,815,308
84$3,509,841$0$0$1,842,896
85$3,562,374$0$0$1,868,335
86$3,610,642$0$0$1,891,248
87$3,653,909$0$0$1,911,218
88$3,691,350$0$0$1,927,777
89$3,722,050$0$0$1,940,405
90$3,744,988$0$0$1,948,526
91$3,759,029$0$0$1,951,496
92$3,762,912$0$0$1,948,602
93$3,755,236$0$0$1,939,052
94$3,734,445$0$0$1,921,965
95$3,698,812$0$0$1,896,368
96$3,646,424$0$0$1,861,178
97$3,575,158$0$0$1,815,197
98$3,482,662$0$0$1,757,097
99$3,366,330$0$0$1,685,410
100$3,223,278$0$0$1,598,506