Can I retire at age 30 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$61,934$61,383$60,844$60,319$59,806$58,503
2 years$30,661$30,090$29,536$29,000$28,479$27,173
3 years$20,237$19,664$19,112$18,580$18,068$16,800
4 years$15,027$14,455$13,909$13,386$12,886$11,665
5 years$11,901$11,333$10,794$10,282$9,796$8,626
6 years$9,818$9,254$8,723$8,222$7,751$6,633
7 years$8,331$7,772$7,249$6,760$6,304$5,238
8 years$7,216$6,662$6,147$5,671$5,230$4,215
9 years$6,349$5,800$5,295$4,830$4,404$3,441
10 years$5,656$5,113$4,616$4,164$3,753$2,839
11 years$5,090$4,551$4,064$3,624$3,227$2,363
12 years$4,618$4,085$3,607$3,179$2,797$1,980
13 years$4,219$3,692$3,222$2,806$2,439$1,668
14 years$3,877$3,356$2,895$2,491$2,138$1,412
15 years$3,581$3,066$2,614$2,222$1,882$1,200
16 years$3,323$2,813$2,370$1,989$1,664$1,022
17 years$3,095$2,590$2,157$1,787$1,475$873
18 years$2,892$2,394$1,969$1,611$1,312$748
19 years$2,712$2,218$1,802$1,455$1,169$641
20 years$2,549$2,061$1,654$1,318$1,044$551
21 years$2,402$1,920$1,521$1,196$934$474
22 years$2,269$1,792$1,402$1,088$838$408
23 years$2,147$1,676$1,295$991$752$352
24 years$2,036$1,571$1,197$903$676$304
25 years$1,934$1,474$1,109$825$608$262
26 years$1,839$1,385$1,029$754$548$227
27 years$1,752$1,304$955$691$494$196
28 years$1,672$1,228$888$633$446$169
29 years$1,597$1,159$826$580$402$147
30 years$1,527$1,094$770$532$364$127
31 years$1,461$1,035$717$489$329$110
32 years$1,400$979$669$449$297$95
33 years$1,343$927$625$413$269$82
34 years$1,289$879$584$380$244$71
35 years$1,239$833$546$350$221$62
36 years$1,191$791$511$322$200$54
37 years$1,146$751$478$297$181$46
38 years$1,104$714$448$274$164$40
39 years$1,063$679$419$252$149$35
40 years$1,025$646$393$233$135$30
41 years$989$615$369$215$123$26
42 years$955$586$346$198$111$23
43 years$922$558$324$183$101$20
44 years$891$532$305$169$92$17
45 years$861$507$286$156$83$15
46 years$833$484$269$144$76$13
47 years$806$462$252$133$69$11
48 years$780$441$237$123$62$10
49 years$756$421$223$114$57$8
50 years$732$402$210$105$51$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $750,000, adding $6,789 every year, while hoping to spend $48,884 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: 51/43/6 Blend
29$750,000$750,000$750,000$750,000
30$833,503$793,753$782,128$874,457
31$866,508$780,635$756,317$889,921
32$901,241$765,235$728,003$900,863
33$937,827$747,391$697,051$911,583
34$976,402$726,929$663,318$922,073
35$1,017,113$703,667$626,657$932,322
36$1,060,122$677,410$586,913$942,325
37$1,105,604$647,953$543,925$952,078
38$1,153,752$615,079$497,523$961,580
39$1,204,776$578,559$447,531$970,836
40$1,258,904$538,150$393,765$979,854
41$1,316,388$493,594$336,031$988,646
42$1,377,501$444,622$274,129$997,231
43$1,442,542$390,945$207,849$1,005,637
44$1,511,841$332,261$136,972$1,013,897
45$1,585,757$268,249$61,268$1,022,055
46$1,664,682$198,572$0$1,030,165
47$1,749,049$122,871$0$1,039,542
48$1,839,331$40,770$0$1,053,284
49$1,936,045$0$0$1,067,576
50$2,039,761$0$0$1,105,321
51$2,151,103$0$0$1,166,604
52$2,270,754$0$0$1,232,516
53$2,399,468$0$0$1,303,480
54$2,538,070$0$0$1,379,957
55$2,687,465$0$0$1,462,455
56$2,848,649$0$0$1,551,534
57$3,022,717$0$0$1,647,805
58$3,210,870$0$0$1,751,944
59$3,414,429$0$0$1,864,690
60$3,634,848$0$0$1,986,860
61$3,873,721$0$0$2,119,347
62$4,132,805$0$0$2,263,139
63$4,414,031$0$0$2,419,316
64$4,719,522$0$0$2,589,072
65$5,051,613$0$0$2,773,717
66$5,412,875$0$0$2,974,694
67$5,806,135$0$0$3,193,589
68$6,234,503$0$0$3,432,149
69$6,701,403$0$0$3,692,295
70$7,210,603$0$0$3,976,144
71$7,766,249$0$0$4,286,023
72$8,372,906$0$0$4,624,496
73$9,035,600$0$0$4,994,383
74$9,759,860$0$0$5,398,792
75$10,551,779$0$0$5,841,143
76$11,418,059$0$0$6,325,202
77$12,366,086$0$0$6,855,114
78$13,403,987$0$0$7,435,447
79$14,540,717$0$0$8,071,229
80$15,786,132$0$0$8,767,998
81$17,151,092$0$0$9,531,852
82$18,647,552$0$0$10,369,510
83$20,288,684$0$0$11,288,369
84$22,088,992$0$0$12,296,578
85$24,064,453$0$0$13,403,114
86$26,232,667$0$0$14,617,863
87$28,613,018$0$0$15,951,718
88$31,226,861$0$0$17,416,674
89$34,097,718$0$0$19,025,950
90$37,251,503$0$0$20,794,104
91$40,716,761$0$0$22,737,176
92$44,524,943$0$0$24,872,837
93$48,710,694$0$0$27,220,554
94$53,312,184$0$0$29,801,775
95$58,371,466$0$0$32,640,129
96$63,934,870$0$0$35,761,650
97$70,053,440$0$0$39,195,022
98$76,783,417$0$0$42,971,847
99$84,186,764$0$0$47,126,944
100$92,331,753$0$0$51,698,678