Can I retire at age 30 with 736,000?

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 $736,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$60,778$60,237$59,709$59,193$58,690$57,086
2 years$30,088$29,528$28,985$28,458$27,947$26,343
3 years$19,860$19,297$18,755$18,233$17,731$16,177
4 years$14,746$14,185$13,649$13,136$12,646$11,153
5 years$11,679$11,121$10,592$10,090$9,613$8,187
6 years$9,635$9,081$8,560$8,069$7,607$6,247
7 years$8,175$7,627$7,113$6,634$6,186$4,894
8 years$7,081$6,537$6,033$5,565$5,132$3,907
9 years$6,231$5,692$5,196$4,740$4,322$3,162
10 years$5,551$5,017$4,530$4,086$3,683$2,587
11 years$4,995$4,467$3,988$3,556$3,167$2,134
12 years$4,532$4,009$3,539$3,119$2,745$1,772
13 years$4,140$3,623$3,162$2,754$2,393$1,479
14 years$3,805$3,293$2,841$2,444$2,098$1,240
15 years$3,515$3,008$2,565$2,180$1,847$1,043
16 years$3,261$2,760$2,326$1,952$1,633$880
17 years$3,037$2,542$2,116$1,754$1,448$744
18 years$2,838$2,349$1,932$1,581$1,287$631
19 years$2,661$2,177$1,769$1,428$1,147$535
20 years$2,501$2,023$1,623$1,293$1,025$455
21 years$2,357$1,884$1,493$1,174$917$387
22 years$2,226$1,759$1,376$1,067$822$330
23 years$2,107$1,645$1,271$972$738$281
24 years$1,998$1,541$1,175$887$663$240
25 years$1,898$1,446$1,088$810$597$205
26 years$1,805$1,359$1,009$740$538$175
27 years$1,720$1,279$937$678$485$150
28 years$1,640$1,206$871$621$437$128
29 years$1,567$1,137$811$569$395$109
30 years$1,498$1,074$755$523$357$94
31 years$1,434$1,015$704$480$323$80
32 years$1,374$961$657$441$292$69
33 years$1,318$910$613$406$264$59
34 years$1,265$862$573$373$239$50
35 years$1,216$818$536$344$217$43
36 years$1,169$776$501$316$196$37
37 years$1,125$737$469$291$178$32
38 years$1,083$701$439$269$161$27
39 years$1,044$666$412$248$146$23
40 years$1,006$634$386$228$133$20
41 years$971$603$362$211$120$17
42 years$937$575$339$195$109$15
43 years$905$548$318$180$99$12
44 years$874$522$299$166$90$11
45 years$845$498$281$153$82$9
46 years$818$475$264$141$74$8
47 years$791$453$248$131$67$7
48 years$766$433$233$121$61$6
49 years$742$413$219$112$56$5
50 years$719$395$206$103$50$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $736,000, adding $5,457 every year, while hoping to spend $54,368 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: 44/37/19 Blend
29$736,000$736,000$736,000$736,000
30$816,701$777,693$766,285$847,929
31$842,157$757,953$734,108$850,696
32$868,388$735,423$699,032$847,909
33$895,415$709,910$660,900$843,754
34$923,259$681,208$619,553$838,130
35$951,944$649,099$574,820$830,931
36$981,492$613,355$526,526$822,045
37$1,011,926$573,731$474,487$811,351
38$1,043,269$529,971$418,509$798,725
39$1,075,546$481,802$358,392$784,031
40$1,108,779$428,938$293,925$767,130
41$1,142,993$371,075$224,891$747,873
42$1,178,212$307,891$151,058$726,101
43$1,214,461$239,049$72,190$701,648
44$1,251,763$164,189$0$674,338
45$1,290,143$82,935$0$646,414
46$1,329,625$0$0$631,026
47$1,370,232$0$0$615,454
48$1,411,988$0$0$634,159
49$1,454,916$0$0$653,384
50$1,499,039$0$0$673,138
51$1,544,377$0$0$693,429
52$1,590,951$0$0$714,267
53$1,638,781$0$0$735,658
54$1,687,884$0$0$757,610
55$1,738,278$0$0$780,129
56$1,789,975$0$0$803,221
57$1,842,989$0$0$826,888
58$1,897,330$0$0$851,134
59$1,953,003$0$0$875,961
60$2,010,013$0$0$901,367
61$2,068,358$0$0$927,350
62$2,128,035$0$0$953,906
63$2,189,032$0$0$981,027
64$2,251,335$0$0$1,008,704
65$2,314,923$0$0$1,036,925
66$2,379,766$0$0$1,065,671
67$2,445,827$0$0$1,094,924
68$2,513,061$0$0$1,124,658
69$2,581,413$0$0$1,154,843
70$2,650,816$0$0$1,185,445
71$2,721,189$0$0$1,216,421
72$2,792,440$0$0$1,247,724
73$2,864,460$0$0$1,279,298
74$2,937,123$0$0$1,311,077
75$3,010,283$0$0$1,342,989
76$3,083,772$0$0$1,374,948
77$3,157,401$0$0$1,406,859
78$3,230,950$0$0$1,438,613
79$3,304,174$0$0$1,470,085
80$3,376,792$0$0$1,501,137
81$3,448,488$0$0$1,531,611
82$3,518,906$0$0$1,561,329
83$3,587,644$0$0$1,590,095
84$3,654,254$0$0$1,617,683
85$3,718,228$0$0$1,643,846
86$3,779,002$0$0$1,668,304
87$3,835,942$0$0$1,690,746
88$3,888,342$0$0$1,710,823
89$3,935,413$0$0$1,728,148
90$3,976,274$0$0$1,742,289
91$4,009,946$0$0$1,752,765
92$4,035,337$0$0$1,759,042
93$4,051,234$0$0$1,760,525
94$4,056,288$0$0$1,756,555
95$4,048,999$0$0$1,746,398
96$4,027,705$0$0$1,729,241
97$3,990,559$0$0$1,704,183
98$3,935,512$0$0$1,670,223
99$3,860,295$0$0$1,626,254
100$3,762,392$0$0$1,571,048