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%20%
1 years$60,778$60,237$59,709$59,193$58,690$56,339
2 years$30,088$29,528$28,985$28,458$27,947$25,609
3 years$19,860$19,297$18,755$18,233$17,731$15,478
4 years$14,746$14,185$13,649$13,136$12,646$10,495
5 years$11,679$11,121$10,592$10,090$9,613$7,571
6 years$9,635$9,081$8,560$8,069$7,607$5,674
7 years$8,175$7,627$7,113$6,634$6,186$4,362
8 years$7,081$6,537$6,033$5,565$5,132$3,415
9 years$6,231$5,692$5,196$4,740$4,322$2,709
10 years$5,551$5,017$4,530$4,086$3,683$2,170
11 years$4,995$4,467$3,988$3,556$3,167$1,752
12 years$4,532$4,009$3,539$3,119$2,745$1,423
13 years$4,140$3,623$3,162$2,754$2,393$1,162
14 years$3,805$3,293$2,841$2,444$2,098$952
15 years$3,515$3,008$2,565$2,180$1,847$782
16 years$3,261$2,760$2,326$1,952$1,633$644
17 years$3,037$2,542$2,116$1,754$1,448$532
18 years$2,838$2,349$1,932$1,581$1,287$440
19 years$2,661$2,177$1,769$1,428$1,147$364
20 years$2,501$2,023$1,623$1,293$1,025$302
21 years$2,357$1,884$1,493$1,174$917$250
22 years$2,226$1,759$1,376$1,067$822$208
23 years$2,107$1,645$1,271$972$738$173
24 years$1,998$1,541$1,175$887$663$144
25 years$1,898$1,446$1,088$810$597$119
26 years$1,805$1,359$1,009$740$538$99
27 years$1,720$1,279$937$678$485$83
28 years$1,640$1,206$871$621$437$69
29 years$1,567$1,137$811$569$395$57
30 years$1,498$1,074$755$523$357$48
31 years$1,434$1,015$704$480$323$40
32 years$1,374$961$657$441$292$33
33 years$1,318$910$613$406$264$28
34 years$1,265$862$573$373$239$23
35 years$1,216$818$536$344$217$19
36 years$1,169$776$501$316$196$16
37 years$1,125$737$469$291$178$13
38 years$1,083$701$439$269$161$11
39 years$1,044$666$412$248$146$9
40 years$1,006$634$386$228$133$8
41 years$971$603$362$211$120$6
42 years$937$575$339$195$109$5
43 years$905$548$318$180$99$4
44 years$874$522$299$166$90$4
45 years$845$498$281$153$82$3
46 years$818$475$264$141$74$3
47 years$791$453$248$131$67$2
48 years$766$433$233$121$61$2
49 years$742$413$219$112$56$1
50 years$719$395$206$103$50$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $736,000, adding $3,772 every year, while hoping to spend $45,628 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: 46/37/17 Blend
29$736,000$736,000$736,000$736,000
30$814,963$775,955$764,547$848,344
31$849,541$765,429$741,611$861,467
32$886,117$752,858$716,378$870,804
33$924,847$738,093$688,722$879,959
34$965,899$720,978$658,513$888,934
35$1,009,461$701,346$625,613$897,735
36$1,055,735$679,021$589,880$906,371
37$1,104,943$653,816$551,164$914,857
38$1,157,328$625,534$509,309$923,211
39$1,213,156$593,966$464,151$931,460
40$1,272,719$558,891$415,522$939,635
41$1,336,336$520,076$363,241$947,776
42$1,404,356$477,274$307,123$955,932
43$1,477,164$430,223$246,975$964,162
44$1,555,179$378,648$182,593$972,537
45$1,638,863$322,258$113,766$981,140
46$1,728,721$260,743$40,272$990,070
47$1,825,311$193,779$0$999,442
48$1,929,240$121,023$0$1,016,311
49$2,041,180$42,110$0$1,042,155
50$2,161,865$0$0$1,069,885
51$2,292,103$0$0$1,117,401
52$2,432,781$0$0$1,187,312
53$2,584,876$0$0$1,262,965
54$2,749,458$0$0$1,344,904
55$2,927,708$0$0$1,433,723
56$3,120,919$0$0$1,530,079
57$3,330,518$0$0$1,634,691
58$3,558,071$0$0$1,748,353
59$3,805,300$0$0$1,871,937
60$4,074,103$0$0$2,006,401
61$4,366,565$0$0$2,152,803
62$4,684,980$0$0$2,312,302
63$5,031,874$0$0$2,486,177
64$5,410,026$0$0$2,675,835
65$5,822,493$0$0$2,882,825
66$6,272,642$0$0$3,108,850
67$6,764,179$0$0$3,355,787
68$7,301,181$0$0$3,625,701
69$7,888,140$0$0$3,920,867
70$8,530,000$0$0$4,243,788
71$9,232,203$0$0$4,597,221
72$10,000,743$0$0$4,984,203
73$10,842,220$0$0$5,408,075
74$11,763,903$0$0$5,872,520
75$12,773,793$0$0$6,381,593
76$13,880,707$0$0$6,939,758
77$15,094,351$0$0$7,551,934
78$16,425,419$0$0$8,223,538
79$17,885,685$0$0$8,960,537
80$19,488,123$0$0$9,769,504
81$21,247,019$0$0$10,657,677
82$23,178,112$0$0$11,633,031
83$25,298,740$0$0$12,704,353
84$27,628,000$0$0$13,881,318
85$30,186,931$0$0$15,174,590
86$32,998,712$0$0$16,595,913
87$36,088,874$0$0$18,158,227
88$39,485,548$0$0$19,875,786
89$43,219,724$0$0$21,764,298
90$47,325,546$0$0$23,841,065
91$51,840,630$0$0$26,125,151
92$56,806,421$0$0$28,637,562
93$62,268,581$0$0$31,401,440
94$68,277,420$0$0$34,442,282
95$74,888,370$0$0$37,788,185
96$82,162,507$0$0$41,470,102
97$90,167,125$0$0$45,522,142
98$98,976,371$0$0$49,981,885
99$108,671,945$0$0$54,890,742
100$119,343,866$0$0$60,294,340