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%13.1%
1 years$60,696$60,155$59,627$59,113$58,610$57,854
2 years$30,047$29,488$28,945$28,420$27,909$27,149
3 years$19,833$19,271$18,730$18,209$17,707$16,965
4 years$14,726$14,166$13,630$13,118$12,629$11,912
5 years$11,663$11,106$10,578$10,076$9,600$8,910
6 years$9,622$9,069$8,548$8,058$7,596$6,934
7 years$8,164$7,616$7,104$6,625$6,178$5,543
8 years$7,072$6,528$6,025$5,557$5,125$4,518
9 years$6,222$5,684$5,189$4,734$4,316$3,737
10 years$5,543$5,010$4,524$4,081$3,678$3,126
11 years$4,988$4,460$3,983$3,551$3,163$2,638
12 years$4,525$4,003$3,535$3,115$2,741$2,242
13 years$4,134$3,618$3,158$2,750$2,390$1,916
14 years$3,800$3,289$2,837$2,441$2,095$1,646
15 years$3,510$3,004$2,562$2,177$1,845$1,420
16 years$3,256$2,756$2,323$1,949$1,630$1,229
17 years$3,033$2,538$2,113$1,751$1,446$1,066
18 years$2,835$2,346$1,929$1,578$1,285$928
19 years$2,657$2,174$1,766$1,426$1,146$809
20 years$2,498$2,020$1,621$1,292$1,023$706
21 years$2,354$1,882$1,491$1,172$916$618
22 years$2,223$1,756$1,374$1,066$821$541
23 years$2,104$1,643$1,269$971$737$475
24 years$1,995$1,539$1,173$885$662$417
25 years$1,895$1,444$1,087$809$596$366
26 years$1,803$1,358$1,008$739$537$322
27 years$1,717$1,278$936$677$484$283
28 years$1,638$1,204$870$620$437$249
29 years$1,565$1,136$810$569$394$220
30 years$1,496$1,073$754$522$356$193
31 years$1,432$1,014$703$479$322$171
32 years$1,372$959$656$440$291$150
33 years$1,316$909$613$405$264$133
34 years$1,264$861$572$373$239$117
35 years$1,214$817$535$343$216$103
36 years$1,167$775$501$316$196$91
37 years$1,123$736$469$291$178$81
38 years$1,082$700$439$268$161$71
39 years$1,042$665$411$247$146$63
40 years$1,005$633$385$228$132$55
41 years$969$603$361$211$120$49
42 years$936$574$339$194$109$43
43 years$904$547$318$179$99$38
44 years$873$521$298$166$90$34
45 years$844$497$280$153$82$30
46 years$817$474$263$141$74$26
47 years$790$452$247$131$67$23
48 years$765$432$232$121$61$21
49 years$741$412$218$111$55$18
50 years$718$394$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 $735,000, adding $5,295 every year, while hoping to spend $27,050 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: 83/6/11 Blend
29$735,000$735,000$735,000$735,000
30$815,432$776,477$765,084$881,194
31$869,825$785,743$761,934$934,296
32$928,859$794,557$757,771$988,457
33$992,980$802,868$752,533$1,047,119
34$1,062,677$810,621$746,156$1,110,719
35$1,138,488$817,759$738,570$1,179,737
36$1,221,005$824,220$729,703$1,254,705
37$1,310,880$829,940$719,481$1,336,204
38$1,408,830$834,847$707,824$1,424,879
39$1,515,645$838,869$694,650$1,521,437
40$1,632,193$841,926$679,873$1,626,657
41$1,759,430$843,934$663,403$1,741,399
42$1,898,410$844,804$645,144$1,866,610
43$2,050,290$844,442$624,999$2,003,332
44$2,216,346$842,746$602,863$2,152,714
45$2,397,984$839,611$578,629$2,316,022
46$2,596,749$834,923$552,184$2,494,651
47$2,814,344$828,561$523,409$2,690,137
48$3,052,645$820,398$492,181$2,904,173
49$3,313,717$810,300$458,371$3,138,626
50$3,599,833$798,122$421,844$3,395,551
51$3,913,499$783,713$382,459$3,677,213
52$4,257,474$766,912$340,069$3,986,110
53$4,634,795$747,549$294,520$4,324,992
54$5,048,808$725,444$245,651$4,696,891
55$5,503,202$700,406$193,295$5,105,147
56$6,002,034$672,232$137,277$5,553,442
57$6,549,780$640,709$77,413$6,045,833
58$7,151,364$605,611$13,513$6,586,790
59$7,812,216$566,698$0$7,181,241
60$8,538,314$523,718$0$7,841,033
61$9,336,246$476,404$0$8,567,841
62$10,213,268$424,473$0$9,366,698
63$11,177,375$367,626$0$10,244,896
64$12,237,375$305,547$0$11,210,474
65$13,402,972$237,904$0$12,272,285
66$14,684,857$164,344$0$13,440,086
67$16,094,811$84,494$0$14,724,629
68$17,645,811$0$0$16,137,758
69$19,352,156$0$0$17,692,662
70$21,229,603$0$0$19,409,636
71$23,295,511$0$0$21,298,980
72$25,569,007$0$0$23,378,188
73$28,071,165$0$0$25,666,536
74$30,825,209$0$0$28,185,265
75$33,856,725$0$0$30,957,778
76$37,193,907$0$0$34,009,862
77$40,867,821$0$0$37,369,932
78$44,912,699$0$0$41,069,298
79$49,366,259$0$0$45,142,459
80$54,270,065$0$0$49,627,431
81$59,669,916$0$0$54,566,105
82$65,616,277$0$0$60,004,639
83$72,164,757$0$0$65,993,896
84$79,376,635$0$0$72,589,924
85$87,319,433$0$0$79,854,483
86$96,067,558$0$0$87,855,629
87$105,702,999$0$0$96,668,357
88$116,316,107$0$0$106,375,303
89$128,006,442$0$0$117,067,531
90$140,883,712$0$0$128,845,387
91$155,068,813$0$0$141,819,450
92$170,694,966$0$0$156,111,569
93$187,908,974$0$0$171,856,021
94$206,872,609$0$0$189,200,770
95$227,764,138$0$0$208,308,870
96$250,780,005$0$0$229,359,999
97$276,136,683$0$0$252,552,158
98$304,072,722$0$0$278,103,536
99$334,850,995$0$0$306,254,573
100$368,761,182$0$0$337,270,227