Can I retire at age 30 with 735,000?

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 $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%14.6%
1 years$60,696$60,155$59,627$59,113$58,610$57,497
2 years$30,047$29,488$28,945$28,420$27,909$26,793
3 years$19,833$19,271$18,730$18,209$17,707$16,621
4 years$14,726$14,166$13,630$13,118$12,629$11,582
5 years$11,663$11,106$10,578$10,076$9,600$8,596
6 years$9,622$9,069$8,548$8,058$7,596$6,635
7 years$8,164$7,616$7,104$6,625$6,178$5,260
8 years$7,072$6,528$6,025$5,557$5,125$4,251
9 years$6,222$5,684$5,189$4,734$4,316$3,484
10 years$5,543$5,010$4,524$4,081$3,678$2,888
11 years$4,988$4,460$3,983$3,551$3,163$2,414
12 years$4,525$4,003$3,535$3,115$2,741$2,032
13 years$4,134$3,618$3,158$2,750$2,390$1,720
14 years$3,800$3,289$2,837$2,441$2,095$1,463
15 years$3,510$3,004$2,562$2,177$1,845$1,249
16 years$3,256$2,756$2,323$1,949$1,630$1,069
17 years$3,033$2,538$2,113$1,751$1,446$918
18 years$2,835$2,346$1,929$1,578$1,285$790
19 years$2,657$2,174$1,766$1,426$1,146$681
20 years$2,498$2,020$1,621$1,292$1,023$588
21 years$2,354$1,882$1,491$1,172$916$509
22 years$2,223$1,756$1,374$1,066$821$441
23 years$2,104$1,643$1,269$971$737$382
24 years$1,995$1,539$1,173$885$662$331
25 years$1,895$1,444$1,087$809$596$288
26 years$1,803$1,358$1,008$739$537$250
27 years$1,717$1,278$936$677$484$217
28 years$1,638$1,204$870$620$437$189
29 years$1,565$1,136$810$569$394$164
30 years$1,496$1,073$754$522$356$143
31 years$1,432$1,014$703$479$322$125
32 years$1,372$959$656$440$291$109
33 years$1,316$909$613$405$264$95
34 years$1,264$861$572$373$239$82
35 years$1,214$817$535$343$216$72
36 years$1,167$775$501$316$196$63
37 years$1,123$736$469$291$178$55
38 years$1,082$700$439$268$161$48
39 years$1,042$665$411$247$146$41
40 years$1,005$633$385$228$132$36
41 years$969$603$361$211$120$32
42 years$936$574$339$194$109$28
43 years$904$547$318$179$99$24
44 years$873$521$298$166$90$21
45 years$844$497$280$153$82$18
46 years$817$474$263$141$74$16
47 years$790$452$247$131$67$14
48 years$765$432$232$121$61$12
49 years$741$412$218$111$55$11
50 years$718$394$205$103$50$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $735,000, adding $4,535 every year, while hoping to spend $33,677 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: 75/6/19 Blend
29$735,000$735,000$735,000$735,000
30$814,648$775,693$764,300$871,809
31$861,910$777,870$754,072$912,476
32$912,864$779,025$742,373$952,461
33$967,851$779,072$729,117$995,408
34$1,027,246$777,920$714,217$1,041,603
35$1,091,460$775,474$697,578$1,091,361
36$1,160,947$771,629$679,105$1,145,031
37$1,236,202$766,279$658,694$1,202,999
38$1,317,775$759,306$636,240$1,265,687
39$1,406,266$750,590$611,632$1,333,564
40$1,502,336$739,999$584,752$1,407,145
41$1,606,713$727,398$555,480$1,487,000
42$1,720,197$712,640$523,689$1,573,755
43$1,843,669$695,572$489,244$1,668,103
44$1,978,098$676,029$452,008$1,770,807
45$2,124,549$653,840$411,836$1,882,709
46$2,284,196$628,821$368,575$2,004,737
47$2,458,329$600,779$322,068$2,137,915
48$2,648,370$569,508$272,149$2,283,373
49$2,855,883$534,793$218,645$2,442,355
50$3,082,590$496,405$161,377$2,616,236
51$3,330,386$454,101$100,155$2,806,529
52$3,601,359$407,625$34,783$3,014,907
53$3,897,806$356,707$0$3,243,209
54$4,222,258$301,061$0$3,500,560
55$4,577,500$240,385$0$3,790,094
56$4,966,601$174,360$0$4,107,268
57$5,392,939$102,648$0$4,454,852
58$5,860,236$24,895$0$4,835,899
59$6,372,589$0$0$5,253,773
60$6,934,513$0$0$5,716,093
61$7,550,978$0$0$6,225,120
62$8,227,461$0$0$6,783,736
63$8,969,993$0$0$7,396,927
64$9,785,218$0$0$8,070,182
65$10,680,455$0$0$8,809,551
66$11,663,767$0$0$9,621,696
67$12,744,034$0$0$10,513,957
68$13,931,041$0$0$11,494,420
69$15,235,567$0$0$12,571,994
70$16,669,487$0$0$13,756,492
71$18,245,883$0$0$15,058,727
72$19,979,169$0$0$16,490,611
73$21,885,225$0$0$18,065,268
74$23,981,546$0$0$19,797,157
75$26,287,409$0$0$21,702,209
76$28,824,051$0$0$23,797,978
77$31,614,875$0$0$26,103,802
78$34,685,661$0$0$28,640,992
79$38,064,819$0$0$31,433,024
80$41,783,649$0$0$34,505,770
81$45,876,641$0$0$37,887,732
82$50,381,796$0$0$41,610,320
83$55,340,988$0$0$45,708,140
84$60,800,355$0$0$50,219,324
85$66,810,737$0$0$55,185,892
86$73,428,154$0$0$60,654,142
87$80,714,333$0$0$66,675,090
88$88,737,293$0$0$73,304,954
89$97,571,982$0$0$80,605,678
90$107,300,989$0$0$88,645,519
91$118,015,320$0$0$97,499,693
92$129,815,256$0$0$107,251,081
93$142,811,300$0$0$117,991,013
94$157,125,220$0$0$129,820,128
95$172,891,195$0$0$142,849,325
96$190,257,085$0$0$157,200,807
97$209,385,822$0$0$173,009,238
98$230,456,949$0$0$190,423,008
99$253,668,314$0$0$209,605,637
100$279,237,939$0$0$230,737,319