Can I retire at age 30 with 737,000?

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 $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%17.2%
1 years$60,861$60,319$59,790$59,274$58,769$57,048
2 years$30,129$29,568$29,024$28,497$27,985$26,265
3 years$19,887$19,323$18,781$18,258$17,755$16,090
4 years$14,766$14,204$13,667$13,154$12,663$11,066
5 years$11,695$11,136$10,606$10,104$9,626$8,101
6 years$9,648$9,094$8,572$8,080$7,617$6,165
7 years$8,187$7,637$7,123$6,643$6,195$4,816
8 years$7,091$6,546$6,041$5,573$5,139$3,833
9 years$6,239$5,700$5,203$4,747$4,328$3,093
10 years$5,558$5,024$4,536$4,092$3,688$2,523
11 years$5,001$4,473$3,994$3,561$3,171$2,074
12 years$4,538$4,014$3,544$3,123$2,748$1,717
13 years$4,146$3,628$3,166$2,758$2,397$1,428
14 years$3,810$3,298$2,845$2,448$2,101$1,193
15 years$3,519$3,012$2,569$2,183$1,850$1,000
16 years$3,265$2,764$2,329$1,955$1,635$841
17 years$3,041$2,545$2,119$1,756$1,449$708
18 years$2,842$2,352$1,935$1,583$1,289$598
19 years$2,665$2,180$1,771$1,430$1,149$506
20 years$2,505$2,026$1,625$1,295$1,026$428
21 years$2,360$1,887$1,495$1,176$918$363
22 years$2,229$1,761$1,378$1,069$823$308
23 years$2,110$1,647$1,272$973$739$262
24 years$2,001$1,543$1,177$888$664$222
25 years$1,900$1,448$1,090$811$598$189
26 years$1,808$1,361$1,011$741$538$161
27 years$1,722$1,281$939$679$485$137
28 years$1,643$1,207$872$622$438$117
29 years$1,569$1,139$812$570$395$99
30 years$1,500$1,075$756$523$357$85
31 years$1,436$1,017$705$481$323$72
32 years$1,376$962$658$442$292$61
33 years$1,320$911$614$406$264$52
34 years$1,267$863$574$374$239$45
35 years$1,217$819$537$344$217$38
36 years$1,171$777$502$317$196$32
37 years$1,126$738$470$292$178$28
38 years$1,085$702$440$269$161$24
39 years$1,045$667$412$248$146$20
40 years$1,008$635$386$229$133$17
41 years$972$604$362$211$120$15
42 years$938$575$340$195$109$13
43 years$906$548$319$180$99$11
44 years$876$523$299$166$90$9
45 years$847$498$281$153$82$8
46 years$819$475$264$142$74$7
47 years$792$454$248$131$67$6
48 years$767$433$233$121$61$5
49 years$743$414$219$112$56$4
50 years$720$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 $737,000, adding $4,522 every year, while hoping to spend $37,978 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: 87/6/7 Blend
29$737,000$737,000$737,000$737,000
30$816,838$777,777$766,354$887,092
31$859,748$775,480$751,619$931,258
32$905,761$771,798$735,117$974,067
33$955,154$766,622$716,749$1,019,891
34$1,008,232$759,838$696,412$1,069,008
35$1,065,326$751,324$673,996$1,121,720
36$1,126,803$740,953$649,388$1,178,363
37$1,193,064$728,587$622,470$1,239,304
38$1,264,550$714,081$593,117$1,304,949
39$1,341,747$697,284$561,199$1,375,743
40$1,425,186$678,032$526,580$1,452,177
41$1,515,454$656,154$489,119$1,534,791
42$1,613,193$631,469$448,668$1,624,180
43$1,719,111$603,783$405,071$1,721,000
44$1,833,986$572,894$358,166$1,825,972
45$1,958,674$538,587$307,786$1,939,890
46$2,094,114$500,634$253,752$2,063,629
47$2,241,343$458,794$195,882$2,198,153
48$2,401,499$412,813$133,982$2,344,525
49$2,575,833$362,423$67,852$2,503,914
50$2,765,725$307,339$0$2,677,608
51$2,972,692$247,261$0$2,867,231
52$3,198,403$181,873$0$3,079,564
53$3,444,694$110,839$0$3,311,276
54$3,713,590$33,806$0$3,564,282
55$4,007,314$0$0$3,840,695
56$4,328,320$0$0$4,146,113
57$4,679,304$0$0$4,482,501
58$5,063,237$0$0$4,850,476
59$5,483,391$0$0$5,253,173
60$5,943,368$0$0$5,694,046
61$6,447,133$0$0$6,176,897
62$6,999,054$0$0$6,705,913
63$7,603,943$0$0$7,285,706
64$8,267,096$0$0$7,921,356
65$8,994,349$0$0$8,618,456
66$9,792,128$0$0$9,383,168
67$10,667,511$0$0$10,222,278
68$11,628,296$0$0$11,143,260
69$12,683,072$0$0$12,154,350
70$13,841,297$0$0$13,264,617
71$15,113,396$0$0$14,484,052
72$16,510,847$0$0$15,823,663
73$18,046,299$0$0$17,295,575
74$19,733,684$0$0$18,913,146
75$21,588,353$0$0$20,691,091
76$23,627,215$0$0$22,645,625
77$25,868,902$0$0$24,794,608
78$28,333,940$0$0$27,157,720
79$31,044,944$0$0$29,756,642
80$34,026,830$0$0$32,615,263
81$37,307,051$0$0$35,759,901
82$40,915,852$0$0$39,219,556
83$44,886,561$0$0$43,026,178
84$49,255,898$0$0$47,214,972
85$54,064,319$0$0$51,824,727
86$59,356,407$0$0$56,898,182
87$65,181,279$0$0$62,482,431
88$71,593,059$0$0$68,629,363
89$78,651,384$0$0$75,396,154
90$86,421,968$0$0$82,845,806
91$94,977,217$0$0$91,047,738
92$104,396,919$0$0$100,078,445
93$114,768,989$0$0$110,022,215
94$126,190,303$0$0$120,971,927
95$138,767,609$0$0$133,029,923
96$152,618,537$0$0$146,308,979
97$167,872,703$0$0$160,933,364
98$184,672,936$0$0$177,040,013
99$203,176,626$0$0$194,779,821
100$223,557,205$0$0$214,319,064