Can I retire at age 30 with 750,000?

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 $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%14.3%
1 years$61,934$61,383$60,844$60,319$59,806$58,743
2 years$30,661$30,090$29,536$29,000$28,479$27,411
3 years$20,237$19,664$19,112$18,580$18,068$17,030
4 years$15,027$14,455$13,909$13,386$12,886$11,885
5 years$11,901$11,333$10,794$10,282$9,796$8,834
6 years$9,818$9,254$8,723$8,222$7,751$6,830
7 years$8,331$7,772$7,249$6,760$6,304$5,424
8 years$7,216$6,662$6,147$5,671$5,230$4,391
9 years$6,349$5,800$5,295$4,830$4,404$3,606
10 years$5,656$5,113$4,616$4,164$3,753$2,994
11 years$5,090$4,551$4,064$3,624$3,227$2,507
12 years$4,618$4,085$3,607$3,179$2,797$2,115
13 years$4,219$3,692$3,222$2,806$2,439$1,794
14 years$3,877$3,356$2,895$2,491$2,138$1,528
15 years$3,581$3,066$2,614$2,222$1,882$1,307
16 years$3,323$2,813$2,370$1,989$1,664$1,122
17 years$3,095$2,590$2,157$1,787$1,475$966
18 years$2,892$2,394$1,969$1,611$1,312$833
19 years$2,712$2,218$1,802$1,455$1,169$720
20 years$2,549$2,061$1,654$1,318$1,044$623
21 years$2,402$1,920$1,521$1,196$934$540
22 years$2,269$1,792$1,402$1,088$838$469
23 years$2,147$1,676$1,295$991$752$407
24 years$2,036$1,571$1,197$903$676$354
25 years$1,934$1,474$1,109$825$608$308
26 years$1,839$1,385$1,029$754$548$268
27 years$1,752$1,304$955$691$494$234
28 years$1,672$1,228$888$633$446$204
29 years$1,597$1,159$826$580$402$178
30 years$1,527$1,094$770$532$364$155
31 years$1,461$1,035$717$489$329$135
32 years$1,400$979$669$449$297$118
33 years$1,343$927$625$413$269$103
34 years$1,289$879$584$380$244$90
35 years$1,239$833$546$350$221$79
36 years$1,191$791$511$322$200$69
37 years$1,146$751$478$297$181$60
38 years$1,104$714$448$274$164$53
39 years$1,063$679$419$252$149$46
40 years$1,025$646$393$233$135$40
41 years$989$615$369$215$123$35
42 years$955$586$346$198$111$31
43 years$922$558$324$183$101$27
44 years$891$532$305$169$92$24
45 years$861$507$286$156$83$21
46 years$833$484$269$144$76$18
47 years$806$462$252$133$69$16
48 years$780$441$237$123$62$14
49 years$756$421$223$114$57$12
50 years$732$402$210$105$51$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $750,000, adding $2,724 every year, while hoping to spend $21,179 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: 40/37/23 Blend
29$750,000$750,000$750,000$750,000
30$829,310$789,560$777,935$856,743
31$891,365$805,714$781,461$892,894
32$959,040$821,950$784,396$929,772
33$1,032,886$838,249$786,697$969,245
34$1,113,509$854,592$788,320$1,011,563
35$1,201,576$870,956$789,218$1,057,000
36$1,297,823$887,319$789,343$1,105,859
37$1,403,058$903,654$788,643$1,158,476
38$1,518,171$919,935$787,064$1,215,219
39$1,644,145$936,132$784,551$1,276,496
40$1,782,058$952,213$781,043$1,342,756
41$1,933,099$968,143$776,480$1,414,496
42$2,098,580$983,886$770,796$1,492,264
43$2,279,940$999,402$763,923$1,576,662
44$2,478,770$1,014,648$755,790$1,668,359
45$2,696,817$1,029,579$746,323$1,768,090
46$2,936,010$1,044,146$735,442$1,876,667
47$3,198,471$1,058,296$723,066$1,994,985
48$3,486,536$1,071,974$709,110$2,124,034
49$3,802,781$1,085,120$693,484$2,264,902
50$4,150,043$1,097,669$676,094$2,418,795
51$4,531,446$1,109,553$656,842$2,587,039
52$4,950,433$1,120,700$635,625$2,771,099
53$5,410,794$1,131,032$612,336$2,972,591
54$5,916,708$1,140,465$586,862$3,193,298
55$6,472,776$1,148,912$559,086$3,435,185
56$7,084,069$1,156,279$528,885$3,700,423
57$7,756,173$1,162,465$496,132$3,991,405
58$8,495,242$1,167,365$460,691$4,310,770
59$9,308,055$1,170,865$422,423$4,661,429
60$10,202,085$1,172,845$381,182$5,046,595
61$11,185,560$1,173,176$336,814$5,469,809
62$12,267,550$1,171,725$289,160$5,934,979
63$13,458,046$1,168,346$238,053$6,446,414
64$14,768,058$1,162,886$183,319$7,008,865
65$16,209,715$1,155,183$124,776$7,627,574
66$17,796,385$1,145,065$62,234$8,308,320
67$19,542,792$1,132,350$0$9,057,477
68$21,465,166$1,116,844$0$9,883,181
69$23,581,385$1,098,341$0$10,808,447
70$25,911,152$1,076,626$0$11,826,585
71$28,476,176$1,051,467$0$12,947,076
72$31,300,378$1,022,621$0$14,180,368
73$34,410,118$989,830$0$15,537,981
74$37,834,439$952,821$0$17,032,611
75$41,605,347$911,305$0$18,678,253
76$45,758,110$864,976$0$20,490,333
77$50,331,588$813,511$0$22,485,857
78$55,368,605$756,568$0$24,683,567
79$60,916,348$693,785$0$27,104,123
80$67,026,816$624,781$0$29,770,297
81$73,757,307$549,151$0$32,707,188
82$81,170,962$466,469$0$35,942,463
83$89,337,357$376,282$0$39,506,615
84$98,333,163$278,116$0$43,433,256
85$108,242,869$171,467$0$47,759,432
86$119,159,575$55,803$0$52,525,976
87$131,185,878$0$0$57,777,893
88$144,434,833$0$0$63,593,057
89$159,031,023$0$0$70,024,733
90$175,111,735$0$0$77,110,712
91$192,828,256$0$0$84,917,680
92$212,347,298$0$0$93,519,122
93$233,852,575$0$0$102,996,016
94$257,546,534$0$0$113,437,598
95$283,652,269$0$0$124,942,205
96$312,415,622$0$0$137,618,202
97$344,107,509$0$0$151,585,005
98$379,026,470$0$0$166,974,210
99$417,501,496$0$0$183,930,830
100$459,895,126$0$0$202,614,672