Can I retire at age 30 with 752,000?

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 $752,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$62,099$61,546$61,007$60,480$59,966$59,688
2 years$30,742$30,170$29,615$29,077$28,555$28,275
3 years$20,291$19,716$19,163$18,630$18,116$17,842
4 years$15,067$14,494$13,946$13,422$12,921$12,655
5 years$11,933$11,363$10,822$10,309$9,822$9,565
6 years$9,844$9,279$8,746$8,244$7,772$7,524
7 years$8,353$7,792$7,268$6,778$6,321$6,082
8 years$7,235$6,679$6,164$5,686$5,244$5,015
9 years$6,366$5,816$5,309$4,843$4,416$4,196
10 years$5,671$5,126$4,628$4,175$3,763$3,552
11 years$5,103$4,564$4,075$3,633$3,236$3,035
12 years$4,630$4,096$3,616$3,187$2,804$2,612
13 years$4,230$3,702$3,231$2,814$2,445$2,262
14 years$3,888$3,365$2,903$2,498$2,144$1,969
15 years$3,591$3,074$2,621$2,227$1,887$1,721
16 years$3,332$2,820$2,376$1,994$1,668$1,510
17 years$3,103$2,597$2,162$1,792$1,479$1,329
18 years$2,900$2,400$1,974$1,615$1,315$1,173
19 years$2,719$2,224$1,807$1,459$1,172$1,037
20 years$2,556$2,067$1,658$1,322$1,047$919
21 years$2,409$1,925$1,525$1,199$937$816
22 years$2,275$1,797$1,406$1,091$840$725
23 years$2,153$1,681$1,298$993$754$646
24 years$2,041$1,575$1,201$906$678$576
25 years$1,939$1,478$1,112$827$610$514
26 years$1,844$1,389$1,031$756$549$459
27 years$1,757$1,307$958$692$495$410
28 years$1,676$1,232$890$634$447$367
29 years$1,601$1,162$828$582$403$328
30 years$1,531$1,097$772$534$365$294
31 years$1,465$1,037$719$490$330$264
32 years$1,404$982$671$451$298$236
33 years$1,347$930$627$414$270$212
34 years$1,293$881$586$381$244$190
35 years$1,242$836$547$351$221$171
36 years$1,194$793$512$323$200$153
37 years$1,149$753$479$298$182$138
38 years$1,107$716$449$275$165$124
39 years$1,066$681$421$253$149$111
40 years$1,028$648$394$233$135$100
41 years$992$617$370$215$123$90
42 years$957$587$347$199$112$81
43 years$925$559$325$184$101$72
44 years$893$533$305$169$92$65
45 years$864$509$287$156$83$59
46 years$835$485$269$145$76$53
47 years$808$463$253$134$69$47
48 years$783$442$238$123$62$43
49 years$758$422$224$114$57$38
50 years$734$403$210$105$52$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $752,000, adding $2,269 every year, while hoping to spend $36,686 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: 60/19/21 Blend
29$752,000$752,000$752,000$752,000
30$831,044$791,188$779,532$876,183
31$876,777$790,923$766,613$906,773
32$925,946$789,415$752,032$935,913
33$978,860$786,565$735,693$966,885
34$1,035,865$782,267$717,499$999,872
35$1,097,334$776,409$697,346$1,035,078
36$1,163,680$768,872$675,126$1,072,730
37$1,235,359$759,530$650,726$1,113,077
38$1,312,868$748,249$624,027$1,156,398
39$1,396,754$734,887$594,907$1,202,999
40$1,487,622$719,295$563,235$1,253,221
41$1,586,132$701,314$528,876$1,307,442
42$1,693,014$680,775$491,690$1,366,078
43$1,809,069$657,500$451,528$1,429,592
44$1,935,177$631,300$408,238$1,498,495
45$2,072,308$601,977$361,657$1,573,355
46$2,221,528$569,318$311,617$1,654,797
47$2,384,011$533,102$257,943$1,743,515
48$2,561,048$493,091$200,451$1,840,276
49$2,754,059$449,037$138,951$1,945,928
50$2,964,608$400,675$73,241$2,061,410
51$3,194,417$347,727$3,113$2,187,758
52$3,445,380$289,898$0$2,326,120
53$3,719,583$226,878$0$2,493,835
54$4,019,322$158,336$0$2,678,022
55$4,347,126$83,927$0$2,879,585
56$4,705,776$3,284$0$3,100,291
57$5,098,340$0$0$3,342,089
58$5,528,191$0$0$3,624,687
59$5,999,046$0$0$3,935,054
60$6,514,999$0$0$4,275,209
61$7,080,556$0$0$4,648,132
62$7,700,682$0$0$5,057,103
63$8,380,846$0$0$5,505,737
64$9,127,068$0$0$5,998,016
65$9,945,984$0$0$6,538,324
66$10,844,900$0$0$7,131,491
67$11,831,865$0$0$7,782,839
68$12,915,745$0$0$8,498,228
69$14,106,307$0$0$9,284,115
70$15,414,311$0$0$10,147,614
71$16,851,609$0$0$11,096,559
72$18,431,261$0$0$12,139,585
73$20,167,652$0$0$13,286,201
74$22,076,632$0$0$14,546,886
75$24,175,662$0$0$15,933,184
76$26,483,981$0$0$17,457,813
77$29,022,783$0$0$19,134,787
78$31,815,422$0$0$20,979,546
79$34,887,629$0$0$23,009,099
80$38,267,752$0$0$25,242,191
81$41,987,028$0$0$27,699,472
82$46,079,873$0$0$30,403,697
83$50,584,208$0$0$33,379,937
84$55,541,817$0$0$36,655,819
85$60,998,740$0$0$40,261,781
86$67,005,707$0$0$44,231,363
87$73,618,614$0$0$48,601,524
88$80,899,055$0$0$53,412,986
89$88,914,899$0$0$58,710,622
90$97,740,929$0$0$64,543,876
91$107,459,551$0$0$70,967,232
92$118,161,567$0$0$78,040,727
93$129,947,034$0$0$85,830,515
94$142,926,209$0$0$94,409,496
95$157,220,583$0$0$103,857,997
96$172,964,034$0$0$114,264,535
97$190,304,087$0$0$125,726,650
98$209,403,302$0$0$138,351,825
99$230,440,817$0$0$152,258,502
100$253,614,026$0$0$167,577,196