Can I retire at age 30 with 733,000?

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 $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%15.2%
1 years$60,530$59,991$59,465$58,952$58,450$57,200
2 years$29,966$29,407$28,867$28,342$27,834$26,580
3 years$19,779$19,218$18,679$18,159$17,659$16,441
4 years$14,686$14,127$13,593$13,083$12,594$11,422
5 years$11,631$11,076$10,549$10,049$9,574$8,450
6 years$9,596$9,044$8,525$8,036$7,576$6,501
7 years$8,142$7,595$7,084$6,607$6,161$5,137
8 years$7,052$6,511$6,008$5,542$5,111$4,137
9 years$6,205$5,669$5,175$4,721$4,304$3,379
10 years$5,528$4,997$4,512$4,069$3,667$2,790
11 years$4,974$4,448$3,972$3,542$3,154$2,323
12 years$4,513$3,993$3,525$3,106$2,733$1,948
13 years$4,123$3,608$3,149$2,743$2,384$1,643
14 years$3,789$3,280$2,830$2,435$2,089$1,391
15 years$3,500$2,996$2,555$2,171$1,840$1,183
16 years$3,247$2,749$2,316$1,944$1,626$1,008
17 years$3,025$2,532$2,108$1,747$1,442$862
18 years$2,827$2,339$1,924$1,574$1,282$739
19 years$2,650$2,168$1,761$1,422$1,143$634
20 years$2,491$2,015$1,617$1,288$1,021$545
21 years$2,348$1,877$1,487$1,169$913$469
22 years$2,217$1,752$1,370$1,063$819$405
23 years$2,098$1,638$1,265$968$735$349
24 years$1,990$1,535$1,170$883$660$301
25 years$1,890$1,441$1,084$806$594$260
26 years$1,798$1,354$1,005$737$535$225
27 years$1,713$1,274$933$675$483$195
28 years$1,634$1,201$868$618$436$169
29 years$1,560$1,133$808$567$393$146
30 years$1,492$1,070$752$520$355$126
31 years$1,428$1,011$701$478$321$110
32 years$1,369$957$654$439$291$95
33 years$1,313$906$611$404$263$82
34 years$1,260$859$571$372$238$71
35 years$1,211$815$534$342$216$62
36 years$1,164$773$499$315$195$54
37 years$1,120$734$467$290$177$47
38 years$1,079$698$438$268$161$40
39 years$1,039$664$410$247$146$35
40 years$1,002$631$384$228$132$30
41 years$967$601$360$210$120$26
42 years$933$572$338$194$109$23
43 years$901$545$317$179$99$20
44 years$871$520$298$165$90$17
45 years$842$496$280$153$81$15
46 years$814$473$263$141$74$13
47 years$788$451$247$130$67$11
48 years$763$431$232$120$61$10
49 years$739$411$218$111$55$8
50 years$716$393$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 $733,000, adding $4,909 every year, while hoping to spend $20,737 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: 63/14/23 Blend
29$733,000$733,000$733,000$733,000
30$812,830$773,981$762,619$858,861
31$873,674$789,842$766,103$906,399
32$940,030$805,785$769,008$955,554
33$1,012,437$821,792$771,294$1,008,774
34$1,091,490$837,845$772,917$1,066,459
35$1,177,844$853,921$773,832$1,129,049
36$1,272,219$869,998$773,990$1,197,031
37$1,375,409$886,051$773,342$1,270,939
38$1,488,287$902,054$771,835$1,351,364
39$1,611,815$917,977$769,414$1,438,955
40$1,747,052$933,790$766,022$1,534,431
41$1,895,164$949,459$761,596$1,638,581
42$2,057,436$964,948$756,075$1,752,277
43$2,235,283$980,218$749,392$1,876,480
44$2,430,261$995,229$741,476$2,012,248
45$2,644,087$1,009,934$732,255$2,160,748
46$2,878,650$1,024,287$721,651$2,323,268
47$3,136,032$1,038,237$709,586$2,501,226
48$3,418,526$1,051,729$695,976$2,696,186
49$3,728,656$1,064,704$680,731$2,909,872
50$4,069,205$1,077,100$663,762$3,144,184
51$4,443,237$1,088,851$644,971$3,401,217
52$4,854,127$1,099,886$624,258$3,683,281
53$5,305,596$1,110,128$601,519$3,992,921
54$5,801,739$1,119,497$576,642$4,332,945
55$6,347,071$1,127,906$549,514$4,706,445
56$6,946,564$1,135,265$520,014$5,116,832
57$7,605,695$1,141,475$488,016$5,567,866
58$8,330,501$1,146,433$453,390$6,063,690
59$9,127,632$1,150,028$415,998$6,608,873
60$10,004,414$1,152,142$375,698$7,208,449
61$10,968,919$1,152,652$332,339$7,867,969
62$12,030,042$1,151,425$285,765$8,593,552
63$13,197,581$1,148,320$235,813$9,391,941
64$14,482,334$1,143,187$182,313$10,270,570
65$15,896,198$1,135,869$125,086$11,237,634
66$17,452,281$1,126,198$63,947$12,302,164
67$19,165,027$1,113,994$0$13,474,116
68$21,050,350$1,099,070$0$14,764,782
69$23,125,786$1,081,225$0$16,202,705
70$25,410,658$1,060,247$0$17,785,561
71$27,926,258$1,035,912$0$19,528,097
72$30,696,046$1,007,981$0$21,446,566
73$33,745,873$976,203$0$23,558,879
74$37,104,226$940,311$0$25,884,771
75$40,802,493$900,022$0$28,445,995
76$44,875,264$855,039$0$31,266,518
77$49,360,650$805,046$0$34,372,755
78$54,300,652$749,709$0$37,793,813
79$59,741,548$688,674$0$41,561,772
80$65,734,336$621,569$0$45,711,980
81$72,335,211$547,999$0$50,283,395
82$79,606,099$467,547$0$55,318,946
83$87,615,237$379,773$0$60,865,942
84$96,437,821$284,211$0$66,976,521
85$106,156,712$180,370$0$73,708,137
86$116,863,220$67,732$0$81,124,106
87$128,657,965$0$0$89,294,203
88$141,651,827$0$0$98,303,681
89$155,966,992$0$0$108,240,883
90$171,738,105$0$0$119,188,851
91$189,113,538$0$0$131,250,595
92$208,256,798$0$0$144,539,628
93$229,348,061$0$0$159,181,039
94$252,585,878$0$0$175,312,673
95$278,189,049$0$0$193,086,431
96$306,398,685$0$0$212,669,706
97$337,480,486$0$0$234,246,962
98$371,727,248$0$0$258,021,473
99$409,461,628$0$0$284,217,246
100$451,039,188$0$0$313,081,132