Can I retire at age 30 with 732,000?

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 $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%16.2%
1 years$60,448$59,909$59,384$58,871$58,371$56,890
2 years$29,925$29,367$28,827$28,304$27,796$26,314
3 years$19,752$19,192$18,653$18,134$17,635$16,198
4 years$14,666$14,108$13,575$13,065$12,577$11,196
5 years$11,616$11,061$10,535$10,035$9,561$8,240
6 years$9,583$9,032$8,513$8,025$7,565$6,305
7 years$8,131$7,585$7,075$6,598$6,153$4,954
8 years$7,043$6,502$6,000$5,535$5,104$3,966
9 years$6,197$5,661$5,168$4,714$4,298$3,220
10 years$5,520$4,990$4,505$4,064$3,662$2,642
11 years$4,967$4,442$3,966$3,537$3,150$2,186
12 years$4,507$3,987$3,520$3,102$2,730$1,821
13 years$4,118$3,603$3,145$2,739$2,380$1,525
14 years$3,784$3,275$2,826$2,431$2,087$1,283
15 years$3,495$2,992$2,551$2,168$1,837$1,083
16 years$3,243$2,745$2,313$1,941$1,624$917
17 years$3,021$2,528$2,105$1,744$1,440$779
18 years$2,823$2,336$1,921$1,572$1,280$662
19 years$2,647$2,165$1,759$1,420$1,141$564
20 years$2,488$2,012$1,614$1,286$1,019$481
21 years$2,344$1,874$1,485$1,168$912$411
22 years$2,214$1,749$1,369$1,062$817$352
23 years$2,096$1,636$1,264$967$734$301
24 years$1,987$1,533$1,169$882$660$258
25 years$1,887$1,439$1,082$805$594$221
26 years$1,795$1,352$1,004$736$535$190
27 years$1,710$1,272$932$674$482$163
28 years$1,631$1,199$867$617$435$140
29 years$1,558$1,131$806$566$393$120
30 years$1,490$1,068$751$520$355$103
31 years$1,426$1,010$700$477$321$89
32 years$1,367$955$653$439$290$76
33 years$1,311$905$610$403$263$65
34 years$1,258$858$570$371$238$56
35 years$1,209$813$533$342$215$48
36 years$1,163$772$499$315$195$42
37 years$1,119$733$467$290$177$36
38 years$1,077$697$437$267$160$31
39 years$1,038$663$409$246$145$26
40 years$1,001$630$384$227$132$23
41 years$965$600$360$210$120$20
42 years$932$572$338$194$109$17
43 years$900$545$317$179$99$15
44 years$870$519$297$165$89$12
45 years$841$495$279$152$81$11
46 years$813$472$262$141$74$9
47 years$787$451$246$130$67$8
48 years$762$430$231$120$61$7
49 years$738$411$218$111$55$6
50 years$715$392$205$103$50$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $732,000, adding $5,014 every year, while hoping to spend $41,559 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: 55/20/25 Blend
29$732,000$732,000$732,000$732,000
30$811,836$773,040$761,694$850,656
31$850,425$766,700$742,992$871,551
32$891,557$758,657$722,271$889,543
33$935,447$748,784$699,419$908,276
34$982,333$736,944$674,320$927,835
35$1,032,472$722,995$646,850$948,314
36$1,086,149$706,786$616,884$969,821
37$1,143,674$688,157$584,288$992,477
38$1,205,388$666,936$548,921$1,016,417
39$1,271,667$642,946$510,640$1,041,793
40$1,342,922$615,995$469,291$1,068,775
41$1,419,603$585,881$424,715$1,097,553
42$1,502,206$552,393$376,746$1,128,341
43$1,591,275$515,305$325,212$1,161,375
44$1,687,409$474,378$269,930$1,196,922
45$1,791,264$429,362$210,711$1,235,278
46$1,903,561$379,989$147,359$1,276,774
47$2,025,095$325,979$79,666$1,321,779
48$2,156,738$267,035$7,418$1,370,704
49$2,299,449$202,843$0$1,424,006
50$2,454,281$133,071$0$1,500,783
51$2,622,396$57,370$0$1,586,333
52$2,805,068$0$0$1,679,370
53$3,003,701$0$0$1,786,084
54$3,219,840$0$0$1,916,000
55$3,455,181$0$0$2,057,521
56$3,711,596$0$0$2,211,778
57$3,991,140$0$0$2,380,019
58$4,296,079$0$0$2,563,613
59$4,628,903$0$0$2,764,070
60$4,992,355$0$0$2,983,051
61$5,389,456$0$0$3,222,386
62$5,823,530$0$0$3,484,086
63$6,298,235$0$0$3,770,371
64$6,817,604$0$0$4,083,679
65$7,386,071$0$0$4,426,701
66$8,008,524$0$0$4,802,395
67$8,690,343$0$0$5,214,021
68$9,437,454$0$0$5,665,169
69$10,256,381$0$0$6,159,792
70$11,154,313$0$0$6,702,246
71$12,139,166$0$0$7,297,326
72$13,219,657$0$0$7,950,314
73$14,405,390$0$0$8,667,031
74$15,706,945$0$0$9,453,884
75$17,135,972$0$0$10,317,936
76$18,705,308$0$0$11,266,963
77$20,429,092$0$0$12,309,533
78$22,322,901$0$0$13,455,086
79$24,403,896$0$0$14,714,020
80$26,690,979$0$0$16,097,790
81$29,204,979$0$0$17,619,017
82$31,968,839$0$0$19,291,606
83$35,007,839$0$0$21,130,876
84$38,349,830$0$0$23,153,704
85$42,025,496$0$0$25,378,686
86$46,068,646$0$0$27,826,311
87$50,516,528$0$0$30,519,152
88$55,410,184$0$0$33,482,081
89$60,794,834$0$0$36,742,503
90$66,720,301$0$0$40,330,614
91$73,241,485$0$0$44,279,683
92$80,418,874$0$0$48,626,371
93$88,319,119$0$0$53,411,072
94$97,015,662$0$0$58,678,293
95$106,589,424$0$0$64,477,079
96$117,129,571$0$0$70,861,469
97$128,734,357$0$0$77,891,010
98$141,512,044$0$0$85,631,317
99$155,581,928$0$0$94,154,692
100$171,075,464$0$0$103,540,803