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%12.3%
1 years$61,934$61,383$60,844$60,319$59,806$59,231
2 years$30,661$30,090$29,536$29,000$28,479$27,900
3 years$20,237$19,664$19,112$18,580$18,068$17,503
4 years$15,027$14,455$13,909$13,386$12,886$12,339
5 years$11,901$11,333$10,794$10,282$9,796$9,268
6 years$9,818$9,254$8,723$8,222$7,751$7,244
7 years$8,331$7,772$7,249$6,760$6,304$5,817
8 years$7,216$6,662$6,147$5,671$5,230$4,763
9 years$6,349$5,800$5,295$4,830$4,404$3,958
10 years$5,656$5,113$4,616$4,164$3,753$3,327
11 years$5,090$4,551$4,064$3,624$3,227$2,821
12 years$4,618$4,085$3,607$3,179$2,797$2,410
13 years$4,219$3,692$3,222$2,806$2,439$2,071
14 years$3,877$3,356$2,895$2,491$2,138$1,788
15 years$3,581$3,066$2,614$2,222$1,882$1,551
16 years$3,323$2,813$2,370$1,989$1,664$1,350
17 years$3,095$2,590$2,157$1,787$1,475$1,178
18 years$2,892$2,394$1,969$1,611$1,312$1,031
19 years$2,712$2,218$1,802$1,455$1,169$904
20 years$2,549$2,061$1,654$1,318$1,044$794
21 years$2,402$1,920$1,521$1,196$934$699
22 years$2,269$1,792$1,402$1,088$838$616
23 years$2,147$1,676$1,295$991$752$543
24 years$2,036$1,571$1,197$903$676$480
25 years$1,934$1,474$1,109$825$608$424
26 years$1,839$1,385$1,029$754$548$375
27 years$1,752$1,304$955$691$494$332
28 years$1,672$1,228$888$633$446$294
29 years$1,597$1,159$826$580$402$261
30 years$1,527$1,094$770$532$364$232
31 years$1,461$1,035$717$489$329$205
32 years$1,400$979$669$449$297$182
33 years$1,343$927$625$413$269$162
34 years$1,289$879$584$380$244$144
35 years$1,239$833$546$350$221$128
36 years$1,191$791$511$322$200$114
37 years$1,146$751$478$297$181$101
38 years$1,104$714$448$274$164$90
39 years$1,063$679$419$252$149$80
40 years$1,025$646$393$233$135$71
41 years$989$615$369$215$123$63
42 years$955$586$346$198$111$56
43 years$922$558$324$183$101$50
44 years$891$532$305$169$92$45
45 years$861$507$286$156$83$40
46 years$833$484$269$144$76$35
47 years$806$462$252$133$69$31
48 years$780$441$237$123$62$28
49 years$756$421$223$114$57$25
50 years$732$402$210$105$51$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $750,000, adding $3,359 every year, while hoping to spend $55,897 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: 63/14/23 Blend
29$750,000$750,000$750,000$750,000
30$829,965$790,215$778,590$877,064
31$855,147$769,461$745,199$888,523
32$881,025$745,818$708,815$894,516
33$907,610$719,083$669,281$899,801
34$934,913$689,045$626,429$904,316
35$962,944$655,479$580,085$907,994
36$991,715$618,147$530,067$910,763
37$1,021,232$576,798$476,187$912,548
38$1,051,503$531,167$418,245$913,267
39$1,082,534$480,972$356,034$912,835
40$1,114,329$425,917$289,338$911,159
41$1,146,891$365,687$217,931$908,141
42$1,180,220$299,951$141,577$903,678
43$1,214,313$228,359$60,031$897,657
44$1,249,165$150,541$0$889,960
45$1,284,769$66,107$0$887,085
46$1,321,112$0$0$898,425
47$1,358,179$0$0$913,062
48$1,395,949$0$0$938,344
49$1,434,398$0$0$964,067
50$1,473,495$0$0$990,210
51$1,513,203$0$0$1,016,745
52$1,553,477$0$0$1,043,640
53$1,594,266$0$0$1,070,860
54$1,635,509$0$0$1,098,360
55$1,677,135$0$0$1,126,091
56$1,719,064$0$0$1,153,994
57$1,761,201$0$0$1,182,005
58$1,803,441$0$0$1,210,047
59$1,845,661$0$0$1,238,036
60$1,887,722$0$0$1,265,872
61$1,929,469$0$0$1,293,447
62$1,970,724$0$0$1,320,637
63$2,011,287$0$0$1,347,300
64$2,050,933$0$0$1,373,279
65$2,089,409$0$0$1,398,398
66$2,126,433$0$0$1,422,458
67$2,161,686$0$0$1,445,236
68$2,194,813$0$0$1,466,486
69$2,225,417$0$0$1,485,928
70$2,253,054$0$0$1,503,255
71$2,277,231$0$0$1,518,120
72$2,297,396$0$0$1,530,139
73$2,312,937$0$0$1,538,886
74$2,323,171$0$0$1,543,884
75$2,327,340$0$0$1,544,604
76$2,324,601$0$0$1,540,461
77$2,314,018$0$0$1,530,801
78$2,294,554$0$0$1,514,902
79$2,265,056$0$0$1,491,963
80$2,224,248$0$0$1,461,093
81$2,170,715$0$0$1,421,309
82$2,102,888$0$0$1,371,519
83$2,019,032$0$0$1,310,515
84$1,917,225$0$0$1,236,961
85$1,795,339$0$0$1,149,377
86$1,651,021$0$0$1,046,126
87$1,481,668$0$0$925,397
88$1,284,402$0$0$785,191
89$1,056,041$0$0$623,293
90$793,066$0$0$437,259
91$491,592$0$0$224,387
92$147,322$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