Can I retire at age 30 with 739,000?

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 $739,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$61,026$60,482$59,952$59,434$58,929$56,974
2 years$30,211$29,648$29,103$28,574$28,061$26,111
3 years$19,941$19,375$18,832$18,308$17,803$15,918
4 years$14,806$14,243$13,705$13,190$12,697$10,893
5 years$11,727$11,167$10,635$10,131$9,652$7,932
6 years$9,674$9,118$8,595$8,102$7,638$6,004
7 years$8,209$7,658$7,142$6,661$6,211$4,664
8 years$7,110$6,564$6,057$5,588$5,153$3,690
9 years$6,256$5,715$5,217$4,759$4,340$2,960
10 years$5,573$5,038$4,548$4,103$3,698$2,399
11 years$5,015$4,485$4,004$3,571$3,180$1,959
12 years$4,550$4,025$3,554$3,132$2,756$1,611
13 years$4,157$3,638$3,175$2,765$2,403$1,331
14 years$3,820$3,307$2,853$2,454$2,106$1,104
15 years$3,529$3,021$2,576$2,189$1,855$919
16 years$3,274$2,771$2,335$1,960$1,639$767
17 years$3,049$2,552$2,125$1,761$1,453$642
18 years$2,850$2,358$1,940$1,587$1,292$538
19 years$2,672$2,186$1,776$1,434$1,152$451
20 years$2,512$2,031$1,630$1,299$1,029$379
21 years$2,367$1,892$1,499$1,179$921$319
22 years$2,235$1,766$1,382$1,072$825$269
23 years$2,116$1,652$1,276$976$741$226
24 years$2,006$1,548$1,180$890$666$191
25 years$1,905$1,452$1,093$813$599$161
26 years$1,812$1,365$1,013$743$540$136
27 years$1,727$1,285$941$680$487$115
28 years$1,647$1,210$875$623$439$97
29 years$1,573$1,142$814$572$396$82
30 years$1,504$1,078$758$525$358$69
31 years$1,440$1,019$707$482$324$58
32 years$1,380$965$660$443$293$49
33 years$1,323$913$616$407$265$42
34 years$1,270$866$575$375$240$35
35 years$1,221$821$538$345$217$30
36 years$1,174$779$503$318$197$25
37 years$1,129$740$471$293$179$21
38 years$1,088$704$441$270$162$18
39 years$1,048$669$413$249$147$15
40 years$1,010$636$387$229$133$13
41 years$975$606$363$212$121$11
42 years$941$577$341$195$110$9
43 years$909$550$320$180$99$8
44 years$878$524$300$167$90$7
45 years$849$500$282$154$82$6
46 years$821$477$265$142$74$5
47 years$794$455$249$131$68$4
48 years$769$434$234$121$61$3
49 years$745$415$220$112$56$3
50 years$722$396$206$104$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $739,000, adding $4,023 every year, while hoping to spend $55,178 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: 68/6/26 Blend
29$739,000$739,000$739,000$739,000
30$818,528$779,361$767,906$868,433
31$843,309$758,840$734,922$881,940
32$868,768$735,465$698,984$890,040
33$894,916$709,037$659,934$897,632
34$921,764$679,347$617,608$904,668
35$949,321$646,171$571,835$911,095
36$977,595$609,277$522,434$916,855
37$1,006,593$568,415$469,220$921,889
38$1,036,322$523,323$411,994$926,132
39$1,066,785$473,725$350,555$929,515
40$1,097,985$419,325$284,686$931,964
41$1,129,923$359,816$214,167$933,400
42$1,162,597$294,869$138,763$933,739
43$1,196,002$224,138$58,232$932,891
44$1,230,132$147,258$0$930,760
45$1,264,975$63,843$0$934,929
46$1,300,517$0$0$955,340
47$1,336,740$0$0$977,530
48$1,373,620$0$0$1,004,405
49$1,411,128$0$0$1,031,727
50$1,449,231$0$0$1,059,470
51$1,487,886$0$0$1,087,601
52$1,527,045$0$0$1,116,083
53$1,566,651$0$0$1,144,873
54$1,606,639$0$0$1,173,921
55$1,646,931$0$0$1,203,169
56$1,687,440$0$0$1,232,549
57$1,728,065$0$0$1,261,985
58$1,768,692$0$0$1,291,391
59$1,809,190$0$0$1,320,668
60$1,849,413$0$0$1,349,705
61$1,889,192$0$0$1,378,374
62$1,928,339$0$0$1,406,534
63$1,966,642$0$0$1,434,025
64$2,003,863$0$0$1,460,666
65$2,039,735$0$0$1,486,257
66$2,073,957$0$0$1,510,571
67$2,106,193$0$0$1,533,356
68$2,136,070$0$0$1,554,328
69$2,163,168$0$0$1,573,174
70$2,187,021$0$0$1,589,542
71$2,207,107$0$0$1,603,041
72$2,222,849$0$0$1,613,234
73$2,233,600$0$0$1,619,637
74$2,238,644$0$0$1,621,712
75$2,237,186$0$0$1,618,860
76$2,228,340$0$0$1,610,417
77$2,211,125$0$0$1,595,645
78$2,184,452$0$0$1,573,727
79$2,147,113$0$0$1,543,756
80$2,097,772$0$0$1,504,728
81$2,034,945$0$0$1,455,529
82$1,956,990$0$0$1,394,927
83$1,862,090$0$0$1,321,559
84$1,748,233$0$0$1,233,914
85$1,613,193$0$0$1,130,322
86$1,454,508$0$0$1,008,936
87$1,269,456$0$0$867,713
88$1,055,026$0$0$704,396
89$807,891$0$0$516,487
90$524,373$0$0$301,229
91$200,410$0$0$55,575
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0