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%13.3%
1 years$61,934$61,383$60,844$60,319$59,806$58,985
2 years$30,661$30,090$29,536$29,000$28,479$27,654
3 years$20,237$19,664$19,112$18,580$18,068$17,264
4 years$15,027$14,455$13,909$13,386$12,886$12,109
5 years$11,901$11,333$10,794$10,282$9,796$9,048
6 years$9,818$9,254$8,723$8,222$7,751$7,034
7 years$8,331$7,772$7,249$6,760$6,304$5,617
8 years$7,216$6,662$6,147$5,671$5,230$4,573
9 years$6,349$5,800$5,295$4,830$4,404$3,778
10 years$5,656$5,113$4,616$4,164$3,753$3,156
11 years$5,090$4,551$4,064$3,624$3,227$2,660
12 years$4,618$4,085$3,607$3,179$2,797$2,258
13 years$4,219$3,692$3,222$2,806$2,439$1,928
14 years$3,877$3,356$2,895$2,491$2,138$1,654
15 years$3,581$3,066$2,614$2,222$1,882$1,424
16 years$3,323$2,813$2,370$1,989$1,664$1,231
17 years$3,095$2,590$2,157$1,787$1,475$1,067
18 years$2,892$2,394$1,969$1,611$1,312$927
19 years$2,712$2,218$1,802$1,455$1,169$807
20 years$2,549$2,061$1,654$1,318$1,044$704
21 years$2,402$1,920$1,521$1,196$934$614
22 years$2,269$1,792$1,402$1,088$838$537
23 years$2,147$1,676$1,295$991$752$471
24 years$2,036$1,571$1,197$903$676$412
25 years$1,934$1,474$1,109$825$608$362
26 years$1,839$1,385$1,029$754$548$318
27 years$1,752$1,304$955$691$494$279
28 years$1,672$1,228$888$633$446$245
29 years$1,597$1,159$826$580$402$216
30 years$1,527$1,094$770$532$364$190
31 years$1,461$1,035$717$489$329$167
32 years$1,400$979$669$449$297$147
33 years$1,343$927$625$413$269$129
34 years$1,289$879$584$380$244$114
35 years$1,239$833$546$350$221$100
36 years$1,191$791$511$322$200$89
37 years$1,146$751$478$297$181$78
38 years$1,104$714$448$274$164$69
39 years$1,063$679$419$252$149$61
40 years$1,025$646$393$233$135$53
41 years$989$615$369$215$123$47
42 years$955$586$346$198$111$42
43 years$922$558$324$183$101$37
44 years$891$532$305$169$92$32
45 years$861$507$286$156$83$29
46 years$833$484$269$144$76$25
47 years$806$462$252$133$69$22
48 years$780$441$237$123$62$20
49 years$756$421$223$114$57$17
50 years$732$402$210$105$51$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $750,000, adding $3,823 every year, while hoping to spend $43,098 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: 58/14/28 Blend
29$750,000$750,000$750,000$750,000
30$830,443$790,693$779,068$872,057
31$869,293$783,581$759,311$893,881
32$910,660$774,677$737,448$912,796
33$954,757$763,845$713,362$932,532
34$1,001,815$750,947$686,932$953,183
35$1,052,088$735,830$658,032$974,852
36$1,105,853$718,338$626,528$997,654
37$1,163,415$698,302$592,282$1,021,721
38$1,225,109$675,545$555,149$1,047,196
39$1,291,301$649,877$514,978$1,074,244
40$1,362,393$621,101$471,609$1,103,047
41$1,438,828$589,005$424,878$1,133,808
42$1,521,088$553,366$374,612$1,166,755
43$1,609,708$513,950$320,630$1,202,140
44$1,705,271$470,506$262,744$1,240,247
45$1,808,420$422,772$200,757$1,281,391
46$1,919,860$370,469$134,464$1,325,922
47$2,040,367$313,304$63,650$1,374,231
48$2,170,793$250,964$0$1,426,752
49$2,312,076$183,123$0$1,487,532
50$2,465,244$109,433$0$1,574,069
51$2,631,432$29,528$0$1,667,997
52$2,811,886$0$0$1,770,057
53$3,007,975$0$0$1,889,841
54$3,221,207$0$0$2,025,099
55$3,453,242$0$0$2,172,342
56$3,705,903$0$0$2,332,736
57$3,981,199$0$0$2,507,563
58$4,281,340$0$0$2,698,233
59$4,608,758$0$0$2,906,302
60$4,966,131$0$0$3,133,478
61$5,356,405$0$0$3,381,645
62$5,782,825$0$0$3,652,873
63$6,248,961$0$0$3,949,446
64$6,758,746$0$0$4,273,874
65$7,316,510$0$0$4,628,924
66$7,927,019$0$0$5,017,641
67$8,595,524$0$0$5,443,379
68$9,327,804$0$0$5,909,831
69$10,130,226$0$0$6,421,065
70$11,009,801$0$0$6,981,561
71$11,974,252$0$0$7,596,252
72$13,032,082$0$0$8,270,572
73$14,192,658$0$0$9,010,508
74$15,466,300$0$0$9,822,651
75$16,864,372$0$0$10,714,265
76$18,399,394$0$0$11,693,349
77$20,085,155$0$0$12,768,716
78$21,936,849$0$0$13,950,073
79$23,971,209$0$0$15,248,116
80$26,206,674$0$0$16,674,627
81$28,663,554$0$0$18,242,584
82$31,364,226$0$0$19,966,287
83$34,333,341$0$0$21,861,492
84$37,598,060$0$0$23,945,555
85$41,188,305$0$0$26,237,599
86$45,137,046$0$0$28,758,695
87$49,480,606$0$0$31,532,055
88$54,259,006$0$0$34,583,256
89$59,516,341$0$0$37,940,481
90$65,301,195$0$0$41,634,780
91$71,667,102$0$0$45,700,364
92$78,673,045$0$0$50,174,932
93$86,384,015$0$0$55,100,018
94$94,871,623$0$0$60,521,392
95$104,214,774$0$0$66,489,483
96$114,500,414$0$0$73,059,859
97$125,824,345$0$0$80,293,750
98$138,292,130$0$0$88,258,623
99$152,020,091$0$0$97,028,823
100$167,136,403$0$0$106,686,270