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%14%
1 years$60,696$60,155$59,627$59,113$58,610$57,639
2 years$30,047$29,488$28,945$28,420$27,909$26,934
3 years$19,833$19,271$18,730$18,209$17,707$16,757
4 years$14,726$14,166$13,630$13,118$12,629$11,713
5 years$11,663$11,106$10,578$10,076$9,600$8,720
6 years$9,622$9,069$8,548$8,058$7,596$6,753
7 years$8,164$7,616$7,104$6,625$6,178$5,372
8 years$7,072$6,528$6,025$5,557$5,125$4,356
9 years$6,222$5,684$5,189$4,734$4,316$3,583
10 years$5,543$5,010$4,524$4,081$3,678$2,981
11 years$4,988$4,460$3,983$3,551$3,163$2,501
12 years$4,525$4,003$3,535$3,115$2,741$2,114
13 years$4,134$3,618$3,158$2,750$2,390$1,796
14 years$3,800$3,289$2,837$2,441$2,095$1,534
15 years$3,510$3,004$2,562$2,177$1,845$1,315
16 years$3,256$2,756$2,323$1,949$1,630$1,131
17 years$3,033$2,538$2,113$1,751$1,446$975
18 years$2,835$2,346$1,929$1,578$1,285$843
19 years$2,657$2,174$1,766$1,426$1,146$730
20 years$2,498$2,020$1,621$1,292$1,023$633
21 years$2,354$1,882$1,491$1,172$916$550
22 years$2,223$1,756$1,374$1,066$821$479
23 years$2,104$1,643$1,269$971$737$417
24 years$1,995$1,539$1,173$885$662$363
25 years$1,895$1,444$1,087$809$596$317
26 years$1,803$1,358$1,008$739$537$277
27 years$1,717$1,278$936$677$484$242
28 years$1,638$1,204$870$620$437$211
29 years$1,565$1,136$810$569$394$185
30 years$1,496$1,073$754$522$356$162
31 years$1,432$1,014$703$479$322$141
32 years$1,372$959$656$440$291$124
33 years$1,316$909$613$405$264$108
34 years$1,264$861$572$373$239$95
35 years$1,214$817$535$343$216$83
36 years$1,167$775$501$316$196$73
37 years$1,123$736$469$291$178$64
38 years$1,082$700$439$268$161$56
39 years$1,042$665$411$247$146$49
40 years$1,005$633$385$228$132$43
41 years$969$603$361$211$120$38
42 years$936$574$339$194$109$33
43 years$904$547$318$179$99$29
44 years$873$521$298$166$90$25
45 years$844$497$280$153$82$22
46 years$817$474$263$141$74$20
47 years$790$452$247$131$67$17
48 years$765$432$232$121$61$15
49 years$741$412$218$111$55$13
50 years$718$394$205$103$50$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $735,000, adding $3,032 every year, while hoping to spend $33,975 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: 47/36/17 Blend
29$735,000$735,000$735,000$735,000
30$813,098$774,143$762,750$847,271
31$859,884$775,926$752,153$873,115
32$910,305$776,659$740,062$897,464
33$964,693$776,253$726,392$923,162
34$1,023,418$774,615$711,052$950,351
35$1,086,883$771,648$693,949$979,185
36$1,155,532$767,246$674,983$1,009,839
37$1,229,854$761,298$654,053$1,042,505
38$1,310,385$753,688$631,049$1,077,397
39$1,397,716$744,289$605,861$1,114,755
40$1,492,494$732,971$578,369$1,154,844
41$1,595,435$719,593$548,450$1,197,960
42$1,707,323$704,007$515,977$1,244,431
43$1,829,022$686,056$480,814$1,294,621
44$1,961,482$665,572$442,822$1,348,934
45$2,105,749$642,381$401,852$1,407,821
46$2,262,974$616,296$357,752$1,471,781
47$2,434,422$587,119$310,361$1,541,365
48$2,621,487$554,642$259,513$1,617,189
49$2,825,704$518,645$205,032$1,699,932
50$3,048,761$478,893$146,735$1,790,350
51$3,292,517$435,142$84,434$1,889,279
52$3,559,019$387,129$17,927$1,997,645
53$3,850,520$334,579$0$2,116,476
54$4,169,501$277,202$0$2,256,531
55$4,518,695$214,689$0$2,413,542
56$4,901,109$146,716$0$2,585,690
57$5,320,057$72,940$0$2,774,561
58$5,779,188$0$0$2,981,908
59$6,282,518$0$0$3,212,440
60$6,834,475$0$0$3,497,012
61$7,439,933$0$0$3,809,254
62$8,104,260$0$0$4,151,943
63$8,833,370$0$0$4,528,143
64$9,633,777$0$0$4,941,225
65$10,512,657$0$0$5,394,905
66$11,477,915$0$0$5,893,274
67$12,538,257$0$0$6,440,843
68$13,703,276$0$0$7,042,576
69$14,983,539$0$0$7,703,946
70$16,390,689$0$0$8,430,982
71$17,937,552$0$0$9,230,324
72$19,638,258$0$0$10,109,290
73$21,508,374$0$0$11,075,940
74$23,565,053$0$0$12,139,157
75$25,827,193$0$0$13,308,727
76$28,315,613$0$0$14,595,430
77$31,053,255$0$0$16,011,148
78$34,065,394$0$0$17,568,970
79$37,379,879$0$0$19,283,316
80$41,027,397$0$0$21,170,079
81$45,041,756$0$0$23,246,767
82$49,460,211$0$0$25,532,674
83$54,323,810$0$0$28,049,057
84$59,677,785$0$0$30,819,341
85$65,571,973$0$0$33,869,336
86$72,061,290$0$0$37,227,483
87$79,206,248$0$0$40,925,120
88$87,073,525$0$0$44,996,781
89$95,736,594$0$0$49,480,515
90$105,276,416$0$0$54,418,253
91$115,782,202$0$0$59,856,199
92$127,352,257$0$0$65,845,264
93$140,094,907$0$0$72,441,552
94$154,129,517$0$0$79,706,883
95$169,587,623$0$0$87,709,381
96$186,614,168$0$0$96,524,115
97$205,368,871$0$0$106,233,805
98$226,027,737$0$0$116,929,606
99$248,784,710$0$0$128,711,969
100$273,853,513$0$0$141,691,581