Can I retire at age 30 with 736,000?

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 $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%13.9%
1 years$60,778$60,237$59,709$59,193$58,690$57,741
2 years$30,088$29,528$28,985$28,458$27,947$26,994
3 years$19,860$19,297$18,755$18,233$17,731$16,803
4 years$14,746$14,185$13,649$13,136$12,646$11,750
5 years$11,679$11,121$10,592$10,090$9,613$8,753
6 years$9,635$9,081$8,560$8,069$7,607$6,782
7 years$8,175$7,627$7,113$6,634$6,186$5,398
8 years$7,081$6,537$6,033$5,565$5,132$4,380
9 years$6,231$5,692$5,196$4,740$4,322$3,605
10 years$5,551$5,017$4,530$4,086$3,683$3,001
11 years$4,995$4,467$3,988$3,556$3,167$2,519
12 years$4,532$4,009$3,539$3,119$2,745$2,130
13 years$4,140$3,623$3,162$2,754$2,393$1,812
14 years$3,805$3,293$2,841$2,444$2,098$1,548
15 years$3,515$3,008$2,565$2,180$1,847$1,328
16 years$3,261$2,760$2,326$1,952$1,633$1,143
17 years$3,037$2,542$2,116$1,754$1,448$986
18 years$2,838$2,349$1,932$1,581$1,287$853
19 years$2,661$2,177$1,769$1,428$1,147$739
20 years$2,501$2,023$1,623$1,293$1,025$642
21 years$2,357$1,884$1,493$1,174$917$558
22 years$2,226$1,759$1,376$1,067$822$486
23 years$2,107$1,645$1,271$972$738$423
24 years$1,998$1,541$1,175$887$663$369
25 years$1,898$1,446$1,088$810$597$322
26 years$1,805$1,359$1,009$740$538$282
27 years$1,720$1,279$937$678$485$246
28 years$1,640$1,206$871$621$437$215
29 years$1,567$1,137$811$569$395$189
30 years$1,498$1,074$755$523$357$165
31 years$1,434$1,015$704$480$323$145
32 years$1,374$961$657$441$292$127
33 years$1,318$910$613$406$264$111
34 years$1,265$862$573$373$239$97
35 years$1,216$818$536$344$217$85
36 years$1,169$776$501$316$196$75
37 years$1,125$737$469$291$178$66
38 years$1,083$701$439$269$161$58
39 years$1,044$666$412$248$146$50
40 years$1,006$634$386$228$133$44
41 years$971$603$362$211$120$39
42 years$937$575$339$195$109$34
43 years$905$548$318$180$99$30
44 years$874$522$299$166$90$26
45 years$845$498$281$153$82$23
46 years$818$475$264$141$74$20
47 years$791$453$248$131$67$18
48 years$766$433$233$121$61$16
49 years$742$413$219$112$56$14
50 years$719$395$206$103$50$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $736,000, adding $5,888 every year, while hoping to spend $53,364 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: 38/50/12 Blend
29$736,000$736,000$736,000$736,000
30$817,145$778,137$766,729$845,002
31$843,715$759,487$735,636$846,719
32$871,207$738,135$701,712$842,945
33$899,658$713,891$664,807$837,691
34$929,108$686,556$624,763$830,848
35$959,598$655,920$581,415$822,303
36$991,174$621,757$534,589$811,936
37$1,023,883$583,831$484,106$799,621
38$1,057,773$541,893$429,778$785,223
39$1,092,898$495,678$371,407$768,603
40$1,129,313$444,906$308,789$749,610
41$1,167,078$389,282$241,709$728,090
42$1,206,257$328,493$169,943$703,876
43$1,246,916$262,210$93,257$676,796
44$1,289,127$190,084$11,407$646,666
45$1,332,967$111,747$0$613,293
46$1,378,518$26,811$0$586,201
47$1,425,867$0$0$557,641
48$1,475,108$0$0$561,802
49$1,526,341$0$0$581,496
50$1,579,675$0$0$602,013
51$1,635,224$0$0$623,400
52$1,693,114$0$0$645,709
53$1,753,477$0$0$668,993
54$1,816,460$0$0$693,311
55$1,882,217$0$0$718,726
56$1,950,916$0$0$745,306
57$2,022,739$0$0$773,125
58$2,097,881$0$0$802,264
59$2,176,557$0$0$832,808
60$2,258,995$0$0$864,852
61$2,345,445$0$0$898,499
62$2,436,178$0$0$933,858
63$2,531,488$0$0$971,052
64$2,631,694$0$0$1,010,209
65$2,737,145$0$0$1,051,475
66$2,848,217$0$0$1,095,004
67$2,965,323$0$0$1,140,965
68$3,088,912$0$0$1,189,544
69$3,219,472$0$0$1,240,942
70$3,357,537$0$0$1,295,380
71$3,503,690$0$0$1,353,098
72$3,658,566$0$0$1,414,360
73$3,822,861$0$0$1,479,452
74$3,997,334$0$0$1,548,690
75$4,182,816$0$0$1,622,418
76$4,380,217$0$0$1,701,013
77$4,590,532$0$0$1,784,887
78$4,814,850$0$0$1,874,493
79$5,054,365$0$0$1,970,326
80$5,310,385$0$0$2,072,931
81$5,584,344$0$0$2,182,902
82$5,877,815$0$0$2,300,894
83$6,192,521$0$0$2,427,625
84$6,530,355$0$0$2,563,882
85$6,893,394$0$0$2,710,528
86$7,283,916$0$0$2,868,515
87$7,704,424$0$0$3,038,883
88$8,157,667$0$0$3,222,780
89$8,646,664$0$0$3,421,462
90$9,174,731$0$0$3,636,314
91$9,745,513$0$0$3,868,855
92$10,363,017$0$0$4,120,757
93$11,031,644$0$0$4,393,858
94$11,756,237$0$0$4,690,177
95$12,542,119$0$0$5,011,938
96$13,395,143$0$0$5,361,584
97$14,321,748$0$0$5,741,804
98$15,329,016$0$0$6,155,557
99$16,424,738$0$0$6,606,098
100$17,617,488$0$0$7,097,008