Can I retire at age 30 with 732,000?

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 $732,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$60,448$59,909$59,384$58,871$58,371$57,076
2 years$29,925$29,367$28,827$28,304$27,796$26,497
3 years$19,752$19,192$18,653$18,134$17,635$16,374
4 years$14,666$14,108$13,575$13,065$12,577$11,364
5 years$11,616$11,061$10,535$10,035$9,561$8,398
6 years$9,583$9,032$8,513$8,025$7,565$6,455
7 years$8,131$7,585$7,075$6,598$6,153$5,094
8 years$7,043$6,502$6,000$5,535$5,104$4,097
9 years$6,197$5,661$5,168$4,714$4,298$3,343
10 years$5,520$4,990$4,505$4,064$3,662$2,757
11 years$4,967$4,442$3,966$3,537$3,150$2,293
12 years$4,507$3,987$3,520$3,102$2,730$1,920
13 years$4,118$3,603$3,145$2,739$2,380$1,617
14 years$3,784$3,275$2,826$2,431$2,087$1,367
15 years$3,495$2,992$2,551$2,168$1,837$1,161
16 years$3,243$2,745$2,313$1,941$1,624$988
17 years$3,021$2,528$2,105$1,744$1,440$844
18 years$2,823$2,336$1,921$1,572$1,280$722
19 years$2,647$2,165$1,759$1,420$1,141$619
20 years$2,488$2,012$1,614$1,286$1,019$531
21 years$2,344$1,874$1,485$1,168$912$457
22 years$2,214$1,749$1,369$1,062$817$393
23 years$2,096$1,636$1,264$967$734$339
24 years$1,987$1,533$1,169$882$660$292
25 years$1,887$1,439$1,082$805$594$252
26 years$1,795$1,352$1,004$736$535$217
27 years$1,710$1,272$932$674$482$188
28 years$1,631$1,199$867$617$435$162
29 years$1,558$1,131$806$566$393$140
30 years$1,490$1,068$751$520$355$121
31 years$1,426$1,010$700$477$321$105
32 years$1,367$955$653$439$290$91
33 years$1,311$905$610$403$263$79
34 years$1,258$858$570$371$238$68
35 years$1,209$813$533$342$215$59
36 years$1,163$772$499$315$195$51
37 years$1,119$733$467$290$177$44
38 years$1,077$697$437$267$160$38
39 years$1,038$663$409$246$145$33
40 years$1,001$630$384$227$132$29
41 years$965$600$360$210$120$25
42 years$932$572$338$194$109$21
43 years$900$545$317$179$99$19
44 years$870$519$297$165$89$16
45 years$841$495$279$152$81$14
46 years$813$472$262$141$74$12
47 years$787$451$246$130$67$10
48 years$762$430$231$120$61$9
49 years$738$411$218$111$55$8
50 years$715$392$205$103$50$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $732,000, adding $5,397 every year, while hoping to spend $45,957 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: 43/29/28 Blend
29$732,000$732,000$732,000$732,000
30$812,231$773,435$762,089$840,328
31$846,181$762,435$738,721$849,981
32$882,053$749,357$713,030$855,670
33$919,995$734,048$684,890$860,956
34$960,169$716,351$654,168$865,829
35$1,002,750$696,095$620,726$870,282
36$1,047,930$673,104$584,420$874,308
37$1,095,921$647,188$545,100$877,908
38$1,146,951$618,146$502,606$881,082
39$1,201,272$585,767$456,776$883,840
40$1,259,160$549,828$407,436$886,193
41$1,320,916$510,092$354,407$888,160
42$1,386,871$466,308$297,502$889,768
43$1,457,387$418,212$236,523$891,052
44$1,532,861$365,525$171,267$892,055
45$1,613,728$307,951$101,520$892,832
46$1,700,466$245,178$27,058$893,450
47$1,793,598$176,876$0$893,990
48$1,893,700$102,698$0$910,205
49$2,001,403$22,275$0$936,196
50$2,117,399$0$0$964,082
51$2,242,451$0$0$1,014,769
52$2,377,393$0$0$1,077,206
53$2,523,146$0$0$1,144,718
54$2,680,718$0$0$1,217,782
55$2,851,219$0$0$1,296,922
56$3,035,868$0$0$1,382,714
57$3,236,008$0$0$1,475,792
58$3,453,112$0$0$1,576,854
59$3,688,801$0$0$1,686,666
60$3,944,861$0$0$1,806,071
61$4,223,252$0$0$1,935,997
62$4,526,134$0$0$2,077,466
63$4,855,881$0$0$2,231,600
64$5,215,107$0$0$2,399,637
65$5,606,688$0$0$2,582,936
66$6,033,789$0$0$2,782,996
67$6,499,893$0$0$3,001,464
68$7,008,836$0$0$3,240,157
69$7,564,838$0$0$3,501,071
70$8,172,547$0$0$3,786,407
71$8,837,080$0$0$4,098,586
72$9,564,069$0$0$4,440,275
73$10,359,718$0$0$4,814,410
74$11,230,856$0$0$5,224,227
75$12,185,006$0$0$5,673,285
76$13,230,450$0$0$6,165,507
77$14,376,311$0$0$6,705,212
78$15,632,634$0$0$7,297,159
79$17,010,485$0$0$7,946,586
80$18,522,052$0$0$8,659,266
81$20,180,759$0$0$9,441,556
82$22,001,391$0$0$10,300,460
83$24,000,237$0$0$11,243,692
84$26,195,239$0$0$12,279,750
85$28,606,160$0$0$13,417,996
86$31,254,774$0$0$14,668,743
87$34,165,067$0$0$16,043,352
88$37,363,462$0$0$17,554,342
89$40,879,070$0$0$19,215,500
90$44,743,963$0$0$21,042,022
91$48,993,476$0$0$23,050,645
92$53,666,535$0$0$25,259,810
93$58,806,032$0$0$27,689,838
94$64,459,222$0$0$30,363,115
95$70,678,168$0$0$33,304,306
96$77,520,236$0$0$36,540,590
97$85,048,631$0$0$40,101,912
98$93,332,995$0$0$44,021,264
99$102,450,060$0$0$48,335,003
100$112,484,374$0$0$53,083,186