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%14.1%
1 years$60,530$59,991$59,465$58,952$58,450$57,458
2 years$29,966$29,407$28,867$28,342$27,834$26,837
3 years$19,779$19,218$18,679$18,159$17,659$16,689
4 years$14,686$14,127$13,593$13,083$12,594$11,659
5 years$11,631$11,076$10,549$10,049$9,574$8,675
6 years$9,596$9,044$8,525$8,036$7,576$6,715
7 years$8,142$7,595$7,084$6,607$6,161$5,338
8 years$7,052$6,511$6,008$5,542$5,111$4,326
9 years$6,205$5,669$5,175$4,721$4,304$3,557
10 years$5,528$4,997$4,512$4,069$3,667$2,957
11 years$4,974$4,448$3,972$3,542$3,154$2,480
12 years$4,513$3,993$3,525$3,106$2,733$2,094
13 years$4,123$3,608$3,149$2,743$2,384$1,778
14 years$3,789$3,280$2,830$2,435$2,089$1,518
15 years$3,500$2,996$2,555$2,171$1,840$1,300
16 years$3,247$2,749$2,316$1,944$1,626$1,117
17 years$3,025$2,532$2,108$1,747$1,442$963
18 years$2,827$2,339$1,924$1,574$1,282$832
19 years$2,650$2,168$1,761$1,422$1,143$720
20 years$2,491$2,015$1,617$1,288$1,021$624
21 years$2,348$1,877$1,487$1,169$913$542
22 years$2,217$1,752$1,370$1,063$819$471
23 years$2,098$1,638$1,265$968$735$410
24 years$1,990$1,535$1,170$883$660$357
25 years$1,890$1,441$1,084$806$594$311
26 years$1,798$1,354$1,005$737$535$271
27 years$1,713$1,274$933$675$483$237
28 years$1,634$1,201$868$618$436$207
29 years$1,560$1,133$808$567$393$181
30 years$1,492$1,070$752$520$355$158
31 years$1,428$1,011$701$478$321$138
32 years$1,369$957$654$439$291$121
33 years$1,313$906$611$404$263$106
34 years$1,260$859$571$372$238$92
35 years$1,211$815$534$342$216$81
36 years$1,164$773$499$315$195$71
37 years$1,120$734$467$290$177$62
38 years$1,079$698$438$268$161$54
39 years$1,039$664$410$247$146$48
40 years$1,002$631$384$228$132$42
41 years$967$601$360$210$120$36
42 years$933$572$338$194$109$32
43 years$901$545$317$179$99$28
44 years$871$520$298$165$90$25
45 years$842$496$280$153$81$21
46 years$814$473$263$141$74$19
47 years$788$451$247$130$67$16
48 years$763$431$232$120$61$14
49 years$739$411$218$111$55$13
50 years$716$393$205$103$50$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $733,000, adding $5,533 every year, while hoping to spend $38,085 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: 64/15/21 Blend
29$733,000$733,000$733,000$733,000
30$813,473$774,624$763,263$860,814
31$855,925$772,059$748,310$890,788
32$901,431$768,091$731,580$918,729
33$950,262$762,612$712,972$948,373
34$1,002,715$755,507$692,384$979,888
35$1,059,118$746,652$669,704$1,013,464
36$1,119,829$735,919$644,820$1,049,308
37$1,185,241$723,169$617,612$1,087,649
38$1,255,789$708,257$587,954$1,128,744
39$1,331,946$691,028$555,717$1,172,875
40$1,414,235$671,319$520,764$1,220,355
41$1,503,230$648,957$482,953$1,271,531
42$1,599,562$623,759$442,135$1,326,787
43$1,703,925$595,531$398,154$1,386,548
44$1,817,081$564,067$350,847$1,451,284
45$1,939,868$529,151$300,046$1,521,516
46$2,073,209$490,554$245,572$1,597,820
47$2,218,118$448,033$187,241$1,680,833
48$2,375,712$401,333$124,859$1,771,260
49$2,547,217$350,181$58,224$1,869,881
50$2,733,986$294,292$0$1,977,558
51$2,937,503$233,363$0$2,098,131
52$3,159,406$167,075$0$2,243,879
53$3,401,495$95,091$0$2,402,956
54$3,665,751$17,055$0$2,576,705
55$3,954,357$0$0$2,766,604
56$4,269,713$0$0$2,985,412
57$4,614,465$0$0$3,227,741
58$4,991,522$0$0$3,492,829
59$5,404,089$0$0$3,782,936
60$5,855,697$0$0$4,100,549
61$6,350,231$0$0$4,448,409
62$6,891,971$0$0$4,829,534
63$7,485,630$0$0$5,247,246
64$8,136,398$0$0$5,705,205
65$8,849,993$0$0$6,207,442
66$9,632,711$0$0$6,758,397
67$10,491,486$0$0$7,362,960
68$11,433,958$0$0$8,026,518
69$12,468,540$0$0$8,755,003
70$13,604,503$0$0$9,554,952
71$14,852,054$0$0$10,433,564
72$16,222,443$0$0$11,398,771
73$17,728,059$0$0$12,459,310
74$19,382,551$0$0$13,624,807
75$21,200,959$0$0$14,905,866
76$23,199,847$0$0$16,314,169
77$25,397,469$0$0$17,862,589
78$27,813,931$0$0$19,565,305
79$30,471,390$0$0$21,437,941
80$33,394,253$0$0$23,497,711
81$36,609,414$0$0$25,763,580
82$40,146,503$0$0$28,256,444
83$44,038,167$0$0$30,999,328
84$48,320,378$0$0$34,017,598
85$53,032,769$0$0$37,339,207
86$58,219,011$0$0$40,994,952
87$63,927,222$0$0$45,018,768
88$70,210,422$0$0$49,448,046
89$77,127,030$0$0$54,323,988
90$84,741,420$0$0$59,691,992
91$93,124,522$0$0$65,602,081
92$102,354,493$0$0$72,109,377
93$112,517,457$0$0$79,274,617
94$123,708,311$0$0$87,164,730
95$136,031,626$0$0$95,853,463
96$149,602,629$0$0$105,422,081
97$164,548,290$0$0$115,960,133
98$181,008,525$0$0$127,566,294
99$199,137,507$0$0$140,349,297
100$219,105,127$0$0$154,428,961