Can I retire at age 30 with 734,000?

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 $734,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$60,613$60,073$59,546$59,032$58,530$57,775
2 years$30,006$29,448$28,906$28,381$27,872$27,112
3 years$19,806$19,244$18,704$18,184$17,683$16,942
4 years$14,706$14,147$13,612$13,100$12,612$11,895
5 years$11,647$11,091$10,563$10,062$9,587$8,898
6 years$9,609$9,057$8,537$8,047$7,586$6,924
7 years$8,153$7,606$7,094$6,616$6,169$5,536
8 years$7,062$6,520$6,016$5,550$5,118$4,512
9 years$6,214$5,676$5,182$4,727$4,310$3,732
10 years$5,536$5,004$4,518$4,075$3,672$3,121
11 years$4,981$4,454$3,977$3,546$3,158$2,634
12 years$4,519$3,998$3,530$3,111$2,737$2,239
13 years$4,129$3,613$3,154$2,746$2,387$1,914
14 years$3,794$3,284$2,834$2,438$2,092$1,644
15 years$3,505$3,000$2,558$2,174$1,842$1,418
16 years$3,252$2,753$2,319$1,947$1,628$1,227
17 years$3,029$2,535$2,111$1,749$1,444$1,065
18 years$2,831$2,342$1,927$1,576$1,284$926
19 years$2,654$2,171$1,764$1,424$1,144$808
20 years$2,495$2,017$1,619$1,290$1,022$705
21 years$2,351$1,879$1,489$1,171$914$617
22 years$2,220$1,754$1,372$1,064$820$540
23 years$2,101$1,641$1,267$969$736$474
24 years$1,992$1,537$1,172$884$661$416
25 years$1,892$1,442$1,085$807$595$366
26 years$1,800$1,356$1,007$738$536$321
27 years$1,715$1,276$935$676$483$283
28 years$1,636$1,202$869$619$436$249
29 years$1,563$1,134$809$568$394$219
30 years$1,494$1,071$753$521$356$193
31 years$1,430$1,013$702$479$322$170
32 years$1,370$958$655$440$291$150
33 years$1,314$907$612$404$263$133
34 years$1,262$860$572$372$238$117
35 years$1,212$816$534$343$216$103
36 years$1,166$774$500$316$196$91
37 years$1,122$735$468$291$177$80
38 years$1,080$699$438$268$161$71
39 years$1,041$664$410$247$146$63
40 years$1,003$632$385$228$132$55
41 years$968$602$361$210$120$49
42 years$934$573$338$194$109$43
43 years$903$546$318$179$99$38
44 years$872$521$298$165$90$34
45 years$843$496$280$153$81$30
46 years$815$473$263$141$74$26
47 years$789$452$247$130$67$23
48 years$764$431$232$120$61$21
49 years$740$412$218$111$55$18
50 years$717$393$205$103$50$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $734,000, adding $2,907 every year, while hoping to spend $32,858 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: 61/28/11 Blend
29$734,000$734,000$734,000$734,000
30$811,867$772,965$761,588$859,130
31$859,716$775,879$752,140$894,101
32$911,345$777,835$741,275$928,234
33$967,105$778,751$728,910$964,670
34$1,027,380$778,541$714,959$1,003,634
35$1,092,594$777,111$699,331$1,045,372
36$1,163,214$774,364$681,934$1,090,158
37$1,239,751$770,197$662,668$1,138,296
38$1,322,768$764,499$641,430$1,190,120
39$1,412,885$757,154$618,112$1,245,998
40$1,510,782$748,038$592,602$1,306,341
41$1,617,209$737,019$564,781$1,371,600
42$1,732,989$723,958$534,526$1,442,274
43$1,859,031$708,708$501,709$1,518,915
44$1,996,330$691,113$466,195$1,602,133
45$2,145,987$671,008$427,843$1,692,600
46$2,309,208$648,218$386,506$1,791,063
47$2,487,324$622,558$342,031$1,898,342
48$2,681,798$593,831$294,257$2,015,348
49$2,894,244$561,831$243,017$2,143,082
50$3,126,435$526,338$188,136$2,282,654
51$3,380,323$487,121$129,431$2,435,289
52$3,658,061$443,935$66,711$2,602,338
53$3,962,016$396,520$0$2,785,294
54$4,294,795$344,603$0$2,985,834
55$4,659,270$287,895$0$3,214,108
56$5,058,604$226,090$0$3,464,316
57$5,496,278$158,865$0$3,738,703
58$5,976,129$85,880$0$4,039,747
59$6,502,380$6,774$0$4,370,181
60$7,079,684$0$0$4,733,023
61$7,713,166$0$0$5,155,888
62$8,408,471$0$0$5,622,371
63$9,171,817$0$0$6,134,563
64$10,010,054$0$0$6,697,069
65$10,930,725$0$0$7,314,958
66$11,942,144$0$0$7,993,818
67$13,053,468$0$0$8,739,803
68$14,274,782$0$0$9,559,693
69$15,617,202$0$0$10,460,957
70$17,092,969$0$0$11,451,824
71$18,715,574$0$0$12,541,361
72$20,499,876$0$0$13,739,557
73$22,462,250$0$0$15,057,416
74$24,620,734$0$0$16,507,065
75$26,995,205$0$0$18,101,862
76$29,607,561$0$0$19,856,527
77$32,481,931$0$0$21,787,279
78$35,644,901$0$0$23,911,987
79$39,125,763$0$0$26,250,341
80$42,956,792$0$0$28,824,036
81$47,173,553$0$0$31,656,977
82$51,815,231$0$0$34,775,504
83$56,925,005$0$0$38,208,641
84$62,550,451$0$0$41,988,368
85$68,743,995$0$0$46,149,923
86$75,563,401$0$0$50,732,138
87$83,072,324$0$0$55,777,799
88$91,340,903$0$0$61,334,053
89$100,446,426$0$0$67,452,853
90$110,474,058$0$0$74,191,447
91$121,517,644$0$0$81,612,917
92$133,680,596$0$0$89,786,776
93$147,076,866$0$0$98,789,622
94$161,832,023$0$0$108,705,864
95$178,084,434$0$0$119,628,513
96$195,986,577$0$0$131,660,064
97$215,706,470$0$0$144,913,461
98$237,429,263$0$0$159,513,162
99$261,358,985$0$0$175,596,316
100$287,720,465$0$0$193,314,055