Can I retire at age 30 with 738,000?

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 $738,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$60,943$60,400$59,871$59,354$58,849$56,943
2 years$30,170$29,608$29,064$28,536$28,023$26,120
3 years$19,914$19,349$18,806$18,283$17,779$15,940
4 years$14,786$14,224$13,686$13,172$12,680$10,918
5 years$11,711$11,152$10,621$10,117$9,639$7,959
6 years$9,661$9,106$8,583$8,091$7,627$6,031
7 years$8,198$7,647$7,133$6,652$6,203$4,690
8 years$7,100$6,555$6,049$5,580$5,146$3,715
9 years$6,248$5,707$5,210$4,753$4,334$2,983
10 years$5,566$5,031$4,542$4,097$3,693$2,421
11 years$5,008$4,479$3,999$3,566$3,176$1,980
12 years$4,544$4,020$3,549$3,128$2,752$1,630
13 years$4,151$3,633$3,171$2,761$2,400$1,349
14 years$3,815$3,302$2,849$2,451$2,104$1,121
15 years$3,524$3,016$2,572$2,186$1,852$934
16 years$3,270$2,768$2,332$1,957$1,637$781
17 years$3,045$2,549$2,122$1,759$1,451$654
18 years$2,846$2,355$1,937$1,585$1,291$549
19 years$2,668$2,183$1,773$1,432$1,150$461
20 years$2,508$2,028$1,628$1,297$1,027$388
21 years$2,364$1,889$1,497$1,177$919$327
22 years$2,232$1,764$1,380$1,070$824$276
23 years$2,113$1,649$1,274$975$740$233
24 years$2,003$1,545$1,178$889$665$197
25 years$1,903$1,450$1,091$812$598$166
26 years$1,810$1,363$1,012$742$539$141
27 years$1,724$1,283$940$679$486$119
28 years$1,645$1,209$874$623$438$101
29 years$1,571$1,140$813$571$396$85
30 years$1,502$1,077$757$524$358$72
31 years$1,438$1,018$706$481$323$61
32 years$1,378$963$659$442$293$52
33 years$1,322$912$615$407$265$44
34 years$1,269$865$575$374$240$37
35 years$1,219$820$537$344$217$31
36 years$1,172$778$503$317$197$27
37 years$1,128$739$470$292$178$22
38 years$1,086$703$441$269$162$19
39 years$1,046$668$413$248$147$16
40 years$1,009$636$387$229$133$14
41 years$973$605$363$211$121$12
42 years$940$576$340$195$109$10
43 years$907$549$319$180$99$8
44 years$877$523$300$166$90$7
45 years$848$499$281$154$82$6
46 years$820$476$264$142$74$5
47 years$793$454$248$131$67$4
48 years$768$434$233$121$61$4
49 years$744$414$219$112$56$3
50 years$721$396$206$103$51$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $738,000, adding $4,093 every year, while hoping to spend $21,844 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: 46/32/22 Blend
29$738,000$738,000$738,000$738,000
30$817,498$778,384$766,945$849,779
31$877,641$793,283$769,396$887,747
32$943,186$808,180$771,197$926,434
33$1,014,662$823,051$772,302$967,963
34$1,092,650$837,873$772,666$1,012,609
35$1,177,788$852,617$772,239$1,060,676
36$1,270,782$867,255$770,969$1,112,499
37$1,372,407$881,755$768,801$1,168,449
38$1,483,515$896,084$765,678$1,228,934
39$1,605,047$910,205$761,542$1,294,404
40$1,738,036$924,080$756,328$1,365,357
41$1,883,623$937,667$749,972$1,442,341
42$2,043,061$950,921$742,405$1,525,962
43$2,217,732$963,795$733,555$1,616,887
44$2,409,158$976,238$723,345$1,715,855
45$2,619,013$988,195$711,699$1,823,676
46$2,849,143$999,607$698,531$1,941,250
47$3,101,580$1,010,413$683,757$2,069,566
48$3,378,564$1,020,546$667,286$2,209,715
49$3,682,560$1,029,935$649,022$2,362,902
50$4,016,284$1,038,504$628,867$2,530,457
51$4,382,728$1,046,174$606,717$2,713,845
52$4,785,187$1,052,858$582,463$2,914,684
53$5,227,294$1,058,465$555,993$3,134,759
54$5,713,047$1,062,899$527,188$3,376,037
55$6,246,853$1,066,056$495,924$3,640,690
56$6,833,565$1,067,826$462,071$3,931,111
57$7,478,533$1,068,094$425,494$4,249,943
58$8,187,647$1,066,735$386,052$4,600,098
59$8,967,400$1,063,617$343,598$4,984,789
60$9,824,943$1,058,603$297,977$5,407,561
61$10,768,156$1,051,543$249,027$5,872,320
62$11,805,720$1,042,281$196,582$6,383,379
63$12,947,201$1,030,650$140,465$6,945,488
64$14,203,138$1,016,474$80,493$7,563,891
65$15,585,142$999,566$16,474$8,244,368
66$17,106,010$979,728$0$8,993,293
67$18,779,839$956,750$0$9,829,865
68$20,622,162$930,410$0$10,754,582
69$22,650,096$900,474$0$11,772,170
70$24,882,499$866,691$0$12,892,105
71$27,340,154$828,799$0$14,124,834
72$30,045,959$786,518$0$15,481,869
73$33,025,144$739,555$0$16,975,902
74$36,305,513$687,598$0$18,620,922
75$39,917,702$630,316$0$20,432,347
76$43,895,468$567,362$0$22,427,172
77$48,276,010$498,367$0$24,624,131
78$53,100,318$422,943$0$27,043,871
79$58,413,561$340,677$0$29,709,150
80$64,265,510$251,137$0$32,645,053
81$70,711,012$153,862$0$35,879,227
82$77,810,503$48,369$0$39,442,146
83$85,630,582$0$0$43,367,397
84$94,244,636$0$0$47,715,191
85$103,733,535$0$0$52,523,435
86$114,186,395$0$0$57,820,272
87$125,701,415$0$0$63,655,479
88$138,386,810$0$0$70,083,909
89$152,361,826$0$0$77,166,009
90$167,757,870$0$0$84,968,391
91$184,719,747$0$0$93,564,455
92$203,407,029$0$0$103,035,092
93$223,995,558$0$0$113,469,435
94$246,679,110$0$0$124,965,711
95$271,671,217$0$0$137,632,163
96$299,207,191$0$0$151,588,072
97$329,546,338$0$0$166,964,882
98$362,974,409$0$0$183,907,444
99$399,806,294$0$0$202,575,380
100$440,389,000$0$0$223,144,590