Can I retire at age 30 with 733,000?

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 $733,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$60,530$59,991$59,465$58,952$58,450$56,625
2 years$29,966$29,407$28,867$28,342$27,834$26,010
3 years$19,779$19,218$18,679$18,159$17,659$15,895
4 years$14,686$14,127$13,593$13,083$12,594$10,904
5 years$11,631$11,076$10,549$10,049$9,574$7,962
6 years$9,596$9,044$8,525$8,036$7,576$6,043
7 years$8,142$7,595$7,084$6,607$6,161$4,707
8 years$7,052$6,511$6,008$5,542$5,111$3,735
9 years$6,205$5,669$5,175$4,721$4,304$3,005
10 years$5,528$4,997$4,512$4,069$3,667$2,443
11 years$4,974$4,448$3,972$3,542$3,154$2,002
12 years$4,513$3,993$3,525$3,106$2,733$1,652
13 years$4,123$3,608$3,149$2,743$2,384$1,369
14 years$3,789$3,280$2,830$2,435$2,089$1,140
15 years$3,500$2,996$2,555$2,171$1,840$952
16 years$3,247$2,749$2,316$1,944$1,626$798
17 years$3,025$2,532$2,108$1,747$1,442$670
18 years$2,827$2,339$1,924$1,574$1,282$563
19 years$2,650$2,168$1,761$1,422$1,143$475
20 years$2,491$2,015$1,617$1,288$1,021$400
21 years$2,348$1,877$1,487$1,169$913$338
22 years$2,217$1,752$1,370$1,063$819$286
23 years$2,098$1,638$1,265$968$735$242
24 years$1,990$1,535$1,170$883$660$205
25 years$1,890$1,441$1,084$806$594$173
26 years$1,798$1,354$1,005$737$535$147
27 years$1,713$1,274$933$675$483$125
28 years$1,634$1,201$868$618$436$106
29 years$1,560$1,133$808$567$393$90
30 years$1,492$1,070$752$520$355$76
31 years$1,428$1,011$701$478$321$65
32 years$1,369$957$654$439$291$55
33 years$1,313$906$611$404$263$46
34 years$1,260$859$571$372$238$39
35 years$1,211$815$534$342$216$34
36 years$1,164$773$499$315$195$28
37 years$1,120$734$467$290$177$24
38 years$1,079$698$438$268$161$21
39 years$1,039$664$410$247$146$17
40 years$1,002$631$384$228$132$15
41 years$967$601$360$210$120$13
42 years$933$572$338$194$109$11
43 years$901$545$317$179$99$9
44 years$871$520$298$165$90$8
45 years$842$496$280$153$81$7
46 years$814$473$263$141$74$6
47 years$788$451$247$130$67$5
48 years$763$431$232$120$61$4
49 years$739$411$218$111$55$3
50 years$716$393$205$103$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $733,000, adding $3,365 every year, while hoping to spend $33,865 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: 43/49/8 Blend
29$733,000$733,000$733,000$733,000
30$811,237$772,388$761,026$844,105
31$857,951$774,203$750,489$869,089
32$908,295$774,972$738,463$892,426
33$962,603$774,607$724,864$916,932
34$1,021,243$773,018$709,601$942,725
35$1,084,619$770,104$692,582$969,939
36$1,153,174$765,763$673,707$998,724
37$1,227,396$759,884$652,875$1,029,244
38$1,307,822$752,350$629,977$1,061,685
39$1,395,041$743,036$604,903$1,096,253
40$1,489,701$731,811$577,533$1,133,179
41$1,592,517$718,536$547,747$1,172,719
42$1,704,272$703,063$515,414$1,215,158
43$1,825,829$685,235$480,403$1,260,813
44$1,958,139$664,886$442,571$1,310,038
45$2,102,246$641,842$401,774$1,363,226
46$2,259,299$615,917$357,858$1,420,814
47$2,430,565$586,914$310,663$1,483,288
48$2,617,435$554,625$260,023$1,551,186
49$2,821,443$518,831$205,763$1,625,109
50$3,044,276$479,300$147,702$1,705,720
51$3,287,793$435,786$85,650$1,793,760
52$3,554,037$388,029$19,409$1,890,047
53$3,845,261$335,755$0$1,995,491
54$4,163,945$278,674$0$2,115,477
55$4,512,818$216,480$0$2,248,797
56$4,894,887$148,849$0$2,395,052
57$5,313,463$75,440$0$2,555,635
58$5,772,191$0$0$2,732,089
59$6,275,087$0$0$2,928,334
60$6,826,574$0$0$3,188,239
61$7,431,522$0$0$3,473,432
62$8,095,297$0$0$3,786,454
63$8,823,809$0$0$4,130,105
64$9,623,567$0$0$4,507,467
65$10,501,741$0$0$4,921,937
66$11,466,231$0$0$5,377,256
67$12,525,739$0$0$5,877,546
68$13,689,850$0$0$6,427,348
69$14,969,125$0$0$7,031,664
70$16,375,197$0$0$7,696,004
71$17,920,884$0$0$8,426,442
72$19,620,307$0$0$9,229,666
73$21,489,023$0$0$10,113,046
74$23,544,172$0$0$11,084,702
75$25,804,640$0$0$12,153,581
76$28,291,232$0$0$13,329,540
77$31,026,875$0$0$14,623,441
78$34,036,826$0$0$16,047,249
79$37,348,916$0$0$17,614,151
80$40,993,810$0$0$19,338,674
81$45,005,295$0$0$21,236,827
82$49,420,600$0$0$23,326,248
83$54,280,747$0$0$25,626,372
84$59,630,935$0$0$28,158,617
85$65,520,968$0$0$30,946,578
86$72,005,727$0$0$34,016,259
87$79,145,683$0$0$37,396,310
88$87,007,468$0$0$41,118,304
89$95,664,507$0$0$45,217,030
90$105,197,705$0$0$49,730,823
91$115,696,214$0$0$54,701,925
92$127,258,275$0$0$60,176,883
93$139,992,139$0$0$66,206,992
94$154,017,093$0$0$72,848,772
95$169,464,584$0$0$80,164,506
96$186,479,457$0$0$88,222,827
97$205,221,327$0$0$97,099,366
98$225,866,077$0$0$106,877,463
99$248,607,526$0$0$117,648,956
100$273,659,250$0$0$129,515,045