Can I retire at age 30 with 737,000?

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 $737,000?

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%
1 years$60,861$60,319$59,790$59,274$58,769$57,772
2 years$30,129$29,568$29,024$28,497$27,985$26,984
3 years$19,887$19,323$18,781$18,258$17,755$16,780
4 years$14,766$14,204$13,667$13,154$12,663$11,722
5 years$11,695$11,136$10,606$10,104$9,626$8,723
6 years$9,648$9,094$8,572$8,080$7,617$6,751
7 years$8,187$7,637$7,123$6,643$6,195$5,367
8 years$7,091$6,546$6,041$5,573$5,139$4,350
9 years$6,239$5,700$5,203$4,747$4,328$3,576
10 years$5,558$5,024$4,536$4,092$3,688$2,973
11 years$5,001$4,473$3,994$3,561$3,171$2,493
12 years$4,538$4,014$3,544$3,123$2,748$2,105
13 years$4,146$3,628$3,166$2,758$2,397$1,788
14 years$3,810$3,298$2,845$2,448$2,101$1,526
15 years$3,519$3,012$2,569$2,183$1,850$1,307
16 years$3,265$2,764$2,329$1,955$1,635$1,123
17 years$3,041$2,545$2,119$1,756$1,449$968
18 years$2,842$2,352$1,935$1,583$1,289$836
19 years$2,665$2,180$1,771$1,430$1,149$724
20 years$2,505$2,026$1,625$1,295$1,026$627
21 years$2,360$1,887$1,495$1,176$918$545
22 years$2,229$1,761$1,378$1,069$823$473
23 years$2,110$1,647$1,272$973$739$412
24 years$2,001$1,543$1,177$888$664$359
25 years$1,900$1,448$1,090$811$598$313
26 years$1,808$1,361$1,011$741$538$273
27 years$1,722$1,281$939$679$485$238
28 years$1,643$1,207$872$622$438$208
29 years$1,569$1,139$812$570$395$182
30 years$1,500$1,075$756$523$357$159
31 years$1,436$1,017$705$481$323$139
32 years$1,376$962$658$442$292$121
33 years$1,320$911$614$406$264$106
34 years$1,267$863$574$374$239$93
35 years$1,217$819$537$344$217$81
36 years$1,171$777$502$317$196$71
37 years$1,126$738$470$292$178$62
38 years$1,085$702$440$269$161$55
39 years$1,045$667$412$248$146$48
40 years$1,008$635$386$229$133$42
41 years$972$604$362$211$120$37
42 years$938$575$340$195$109$32
43 years$906$548$319$180$99$28
44 years$876$523$299$166$90$25
45 years$847$498$281$153$82$22
46 years$819$475$264$142$74$19
47 years$792$454$248$131$67$17
48 years$767$433$233$121$61$15
49 years$743$414$219$112$56$13
50 years$720$395$206$103$50$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $737,000, adding $3,921 every year, while hoping to spend $39,858 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: 25/46/29 Blend
29$737,000$737,000$737,000$737,000
30$816,219$777,158$765,734$829,146
31$857,064$772,830$748,977$835,971
32$900,740$766,954$730,324$839,655
33$947,493$759,412$709,667$842,785
34$997,594$750,080$686,897$845,342
35$1,051,339$738,824$661,898$847,309
36$1,109,053$725,504$634,550$848,673
37$1,171,094$709,971$604,725$849,421
38$1,237,854$692,068$572,292$849,547
39$1,309,765$671,629$537,113$849,048
40$1,387,297$648,476$499,043$847,924
41$1,470,973$622,422$457,932$846,185
42$1,561,361$593,270$413,622$843,845
43$1,659,090$560,810$365,949$840,927
44$1,764,850$524,822$314,740$837,462
45$1,879,397$485,071$259,817$833,492
46$2,003,566$441,310$200,991$829,073
47$2,138,274$393,278$138,068$824,271
48$2,284,527$340,698$70,842$819,170
49$2,443,435$283,278$0$813,871
50$2,616,216$220,710$0$808,772
51$2,804,214$152,668$0$827,149
52$3,008,903$78,808$0$847,300
53$3,231,908$0$0$869,495
54$3,475,017$0$0$894,665
55$3,740,197$0$0$965,747
56$4,029,613$0$0$1,043,443
57$4,345,648$0$0$1,128,410
58$4,690,928$0$0$1,221,366
59$5,068,339$0$0$1,323,107
60$5,481,063$0$0$1,434,506
61$5,932,601$0$0$1,556,526
62$6,426,809$0$0$1,690,226
63$6,967,932$0$0$1,836,774
64$7,560,646$0$0$1,997,456
65$8,210,099$0$0$2,173,687
66$8,921,961$0$0$2,367,027
67$9,702,479$0$0$2,579,194
68$10,558,529$0$0$2,812,079
69$11,497,687$0$0$3,067,769
70$12,528,299$0$0$3,348,557
71$13,659,555$0$0$3,656,974
72$14,901,581$0$0$3,995,806
73$16,265,529$0$0$4,368,122
74$17,763,685$0$0$4,777,303
75$19,409,584$0$0$5,227,076
76$21,218,136$0$0$5,721,543
77$23,205,766$0$0$6,265,228
78$25,390,571$0$0$6,863,111
79$27,792,488$0$0$7,520,681
80$30,433,480$0$0$8,243,986
81$33,337,748$0$0$9,039,688
82$36,531,953$0$0$9,915,128
83$40,045,469$0$0$10,878,395
84$43,910,663$0$0$11,938,401
85$48,163,195$0$0$13,104,965
86$52,842,354$0$0$14,388,908
87$57,991,433$0$0$15,802,150
88$63,658,131$0$0$17,357,829
89$69,895,007$0$0$19,070,419
90$76,759,973$0$0$20,955,869
91$84,316,839$0$0$23,031,753
92$92,635,916$0$0$25,317,437
93$101,794,681$0$0$27,834,258
94$111,878,501$0$0$30,605,730
95$122,981,445$0$0$33,657,762
96$135,207,166$0$0$37,018,904
97$148,669,882$0$0$40,720,616
98$163,495,449$0$0$44,797,564
99$179,822,554$0$0$49,287,951
100$197,804,016$0$0$54,233,869