Can I retire at age 30 with 752,000?

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 $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%17.4%
1 years$62,099$61,546$61,007$60,480$59,966$58,162
2 years$30,742$30,170$29,615$29,077$28,555$26,754
3 years$20,291$19,716$19,163$18,630$18,116$16,373
4 years$15,067$14,494$13,946$13,422$12,921$11,249
5 years$11,933$11,363$10,822$10,309$9,822$8,227
6 years$9,844$9,279$8,746$8,244$7,772$6,254
7 years$8,353$7,792$7,268$6,778$6,321$4,880
8 years$7,235$6,679$6,164$5,686$5,244$3,880
9 years$6,366$5,816$5,309$4,843$4,416$3,127
10 years$5,671$5,126$4,628$4,175$3,763$2,547
11 years$5,103$4,564$4,075$3,633$3,236$2,091
12 years$4,630$4,096$3,616$3,187$2,804$1,728
13 years$4,230$3,702$3,231$2,814$2,445$1,436
14 years$3,888$3,365$2,903$2,498$2,144$1,198
15 years$3,591$3,074$2,621$2,227$1,887$1,003
16 years$3,332$2,820$2,376$1,994$1,668$842
17 years$3,103$2,597$2,162$1,792$1,479$708
18 years$2,900$2,400$1,974$1,615$1,315$597
19 years$2,719$2,224$1,807$1,459$1,172$504
20 years$2,556$2,067$1,658$1,322$1,047$426
21 years$2,409$1,925$1,525$1,199$937$361
22 years$2,275$1,797$1,406$1,091$840$306
23 years$2,153$1,681$1,298$993$754$259
24 years$2,041$1,575$1,201$906$678$220
25 years$1,939$1,478$1,112$827$610$187
26 years$1,844$1,389$1,031$756$549$159
27 years$1,757$1,307$958$692$495$135
28 years$1,676$1,232$890$634$447$115
29 years$1,601$1,162$828$582$403$97
30 years$1,531$1,097$772$534$365$83
31 years$1,465$1,037$719$490$330$71
32 years$1,404$982$671$451$298$60
33 years$1,347$930$627$414$270$51
34 years$1,293$881$586$381$244$43
35 years$1,242$836$547$351$221$37
36 years$1,194$793$512$323$200$32
37 years$1,149$753$479$298$182$27
38 years$1,107$716$449$275$165$23
39 years$1,066$681$421$253$149$19
40 years$1,028$648$394$233$135$17
41 years$992$617$370$215$123$14
42 years$957$587$347$199$112$12
43 years$925$559$325$184$101$10
44 years$893$533$305$169$92$9
45 years$864$509$287$156$83$7
46 years$835$485$269$145$76$6
47 years$808$463$253$134$69$5
48 years$783$442$238$123$62$5
49 years$758$422$224$114$57$4
50 years$734$403$210$105$52$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $752,000, adding $5,861 every year, while hoping to spend $38,344 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: 31/42/27 Blend
29$752,000$752,000$752,000$752,000
30$834,750$794,894$783,238$853,570
31$879,096$793,046$768,678$866,711
32$926,681$789,822$752,346$877,069
33$977,794$785,115$734,141$887,457
34$1,032,754$778,810$713,959$897,906
35$1,091,908$770,785$691,691$908,452
36$1,155,642$760,912$667,221$919,136
37$1,224,375$749,055$640,431$930,009
38$1,298,572$735,069$611,196$941,131
39$1,378,740$718,801$579,384$952,571
40$1,465,438$700,089$544,860$964,412
41$1,559,280$678,761$507,481$976,747
42$1,660,941$654,635$467,096$989,685
43$1,771,165$627,520$423,552$1,003,353
44$1,890,767$597,211$376,684$1,017,894
45$2,020,644$563,494$326,322$1,033,473
46$2,161,786$526,141$272,290$1,050,276
47$2,315,278$484,911$214,401$1,068,519
48$2,482,314$439,551$152,462$1,088,442
49$2,664,212$389,790$86,270$1,110,322
50$2,862,417$335,345$15,616$1,134,467
51$3,078,522$275,915$0$1,161,228
52$3,314,280$211,184$0$1,208,225
53$3,571,621$140,817$0$1,264,598
54$3,852,668$64,458$0$1,326,414
55$4,159,759$0$0$1,394,305
56$4,495,468$0$0$1,477,418
57$4,862,628$0$0$1,601,010
58$5,264,361$0$0$1,736,355
59$5,704,102$0$0$1,884,625
60$6,185,634$0$0$2,047,109
61$6,713,123$0$0$2,225,230
62$7,291,157$0$0$2,420,553
63$7,924,789$0$0$2,634,802
64$8,619,585$0$0$2,869,875
65$9,381,674$0$0$3,127,865
66$10,217,807$0$0$3,411,076
67$11,135,420$0$0$3,722,046
68$12,142,705$0$0$4,063,571
69$13,248,685$0$0$4,438,730
70$14,463,298$0$0$4,850,917
71$15,797,494$0$0$5,303,868
72$17,263,334$0$0$5,801,703
73$18,874,107$0$0$6,348,958
74$20,644,451$0$0$6,950,630
75$22,590,493$0$0$7,612,227
76$24,730,002$0$0$8,339,814
77$27,082,551$0$0$9,140,075
78$29,669,709$0$0$10,020,376
79$32,515,236$0$0$10,988,830
80$35,645,311$0$0$12,054,378
81$39,088,781$0$0$13,226,868
82$42,877,425$0$0$14,517,156
83$47,046,261$0$0$15,937,199
84$51,633,871$0$0$17,500,174
85$56,682,768$0$0$19,220,600
86$62,239,793$0$0$21,114,474
87$68,356,558$0$0$23,199,425
88$75,089,936$0$0$25,494,877
89$82,502,590$0$0$28,022,231
90$90,663,569$0$0$30,805,072
91$99,648,959$0$0$33,869,388
92$109,542,595$0$0$37,243,812
93$120,436,860$0$0$40,959,900
94$132,433,549$0$0$45,052,421
95$145,644,832$0$0$49,559,689
96$160,194,313$0$0$54,523,925
97$176,218,193$0$0$59,991,650
98$193,866,556$0$0$66,014,132
99$213,304,786$0$0$72,647,861
100$234,715,127$0$0$79,955,090