Can I retire at age 30 with 735,000?

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 $735,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$60,696$60,155$59,627$59,113$58,610$56,666
2 years$30,047$29,488$28,945$28,420$27,909$25,970
3 years$19,833$19,271$18,730$18,209$17,707$15,832
4 years$14,726$14,166$13,630$13,118$12,629$10,834
5 years$11,663$11,106$10,578$10,076$9,600$7,889
6 years$9,622$9,069$8,548$8,058$7,596$5,971
7 years$8,164$7,616$7,104$6,625$6,178$4,638
8 years$7,072$6,528$6,025$5,557$5,125$3,670
9 years$6,222$5,684$5,189$4,734$4,316$2,944
10 years$5,543$5,010$4,524$4,081$3,678$2,386
11 years$4,988$4,460$3,983$3,551$3,163$1,949
12 years$4,525$4,003$3,535$3,115$2,741$1,602
13 years$4,134$3,618$3,158$2,750$2,390$1,324
14 years$3,800$3,289$2,837$2,441$2,095$1,098
15 years$3,510$3,004$2,562$2,177$1,845$914
16 years$3,256$2,756$2,323$1,949$1,630$763
17 years$3,033$2,538$2,113$1,751$1,446$638
18 years$2,835$2,346$1,929$1,578$1,285$535
19 years$2,657$2,174$1,766$1,426$1,146$449
20 years$2,498$2,020$1,621$1,292$1,023$377
21 years$2,354$1,882$1,491$1,172$916$317
22 years$2,223$1,756$1,374$1,066$821$267
23 years$2,104$1,643$1,269$971$737$225
24 years$1,995$1,539$1,173$885$662$190
25 years$1,895$1,444$1,087$809$596$160
26 years$1,803$1,358$1,008$739$537$135
27 years$1,717$1,278$936$677$484$114
28 years$1,638$1,204$870$620$437$96
29 years$1,565$1,136$810$569$394$81
30 years$1,496$1,073$754$522$356$69
31 years$1,432$1,014$703$479$322$58
32 years$1,372$959$656$440$291$49
33 years$1,316$909$613$405$264$42
34 years$1,264$861$572$373$239$35
35 years$1,214$817$535$343$216$30
36 years$1,167$775$501$316$196$25
37 years$1,123$736$469$291$178$21
38 years$1,082$700$439$268$161$18
39 years$1,042$665$411$247$146$15
40 years$1,005$633$385$228$132$13
41 years$969$603$361$211$120$11
42 years$936$574$339$194$109$9
43 years$904$547$318$179$99$8
44 years$873$521$298$166$90$7
45 years$844$497$280$153$82$6
46 years$817$474$263$141$74$5
47 years$790$452$247$131$67$4
48 years$765$432$232$121$61$3
49 years$741$412$218$111$55$3
50 years$718$394$205$103$50$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $735,000, adding $3,188 every year, while hoping to spend $29,605 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: 45/30/25 Blend
29$735,000$735,000$735,000$735,000
30$813,258$774,303$762,911$843,858
31$864,711$780,745$756,969$872,265
32$920,420$786,510$749,836$899,931
33$980,788$791,533$741,440$929,349
34$1,046,257$795,748$731,707$960,700
35$1,117,315$799,079$720,560$994,181
36$1,194,498$801,451$707,915$1,030,013
37$1,278,395$802,780$693,688$1,068,440
38$1,369,655$802,979$677,790$1,109,733
39$1,468,990$801,955$660,126$1,154,192
40$1,577,185$799,610$640,599$1,202,150
41$1,695,105$795,837$619,105$1,253,976
42$1,823,699$790,527$595,539$1,310,080
43$1,964,014$783,561$569,788$1,370,913
44$2,117,202$774,814$541,734$1,436,977
45$2,284,531$764,153$511,256$1,508,827
46$2,467,394$751,439$478,225$1,587,080
47$2,667,330$736,521$442,507$1,672,414
48$2,886,030$719,243$403,963$1,765,583
49$3,125,356$699,436$362,447$1,867,421
50$3,387,360$676,926$317,806$1,978,850
51$3,674,298$651,523$269,880$2,100,889
52$3,988,660$623,031$218,505$2,234,668
53$4,333,184$591,240$163,505$2,381,433
54$4,710,885$555,928$104,699$2,542,564
55$5,125,088$516,860$41,899$2,719,586
56$5,579,450$473,790$0$2,914,185
57$6,078,003$426,454$0$3,134,925
58$6,625,186$374,577$0$3,389,526
59$7,225,889$317,866$0$3,669,133
60$7,885,499$256,011$0$3,976,320
61$8,609,951$188,686$0$4,313,927
62$9,405,781$115,546$0$4,685,085
63$10,280,190$36,228$0$5,093,252
64$11,241,112$0$0$5,542,239
65$12,297,287$0$0$6,052,645
66$13,458,343$0$0$6,626,977
67$14,734,890$0$0$7,258,535
68$16,138,613$0$0$7,953,114
69$17,682,391$0$0$8,717,098
70$19,380,410$0$0$9,557,520
71$21,248,300$0$0$10,482,130
72$23,303,285$0$0$11,499,467
73$25,564,339$0$0$12,618,940
74$28,052,371$0$0$13,850,915
75$30,790,416$0$0$15,206,814
76$33,803,859$0$0$16,699,222
77$37,120,666$0$0$18,342,007
78$40,771,655$0$0$20,150,450
79$44,790,783$0$0$22,141,386
80$49,215,465$0$0$24,333,370
81$54,086,929$0$0$26,746,843
82$59,450,604$0$0$29,404,331
83$65,356,549$0$0$32,330,656
84$71,859,923$0$0$35,553,170
85$79,021,506$0$0$39,102,011
86$86,908,275$0$0$43,010,390
87$95,594,031$0$0$47,314,903
88$105,160,100$0$0$52,055,876
89$115,696,095$0$0$57,277,745
90$127,300,766$0$0$63,029,479
91$140,082,929$0$0$69,365,036
92$154,162,493$0$0$76,343,877
93$169,671,593$0$0$84,031,522
94$186,755,833$0$0$92,500,175
95$205,575,665$0$0$101,829,401
96$226,307,898$0$0$112,106,874
97$249,147,369$0$0$123,429,213
98$274,308,782$0$0$135,902,884
99$302,028,734$0$0$149,645,213
100$332,567,945$0$0$164,785,486