Can I retire at age 30 with 755,000?

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 $755,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$62,347$61,792$61,250$60,721$60,205$57,839
2 years$30,865$30,290$29,733$29,193$28,669$26,314
3 years$20,372$19,795$19,239$18,704$18,189$15,920
4 years$15,127$14,551$14,001$13,475$12,972$10,806
5 years$11,981$11,408$10,866$10,350$9,861$7,803
6 years$9,884$9,316$8,781$8,277$7,803$5,854
7 years$8,386$7,823$7,297$6,805$6,346$4,506
8 years$7,264$6,706$6,188$5,709$5,265$3,532
9 years$6,392$5,839$5,330$4,863$4,434$2,805
10 years$5,694$5,147$4,647$4,192$3,778$2,250
11 years$5,124$4,582$4,091$3,648$3,249$1,819
12 years$4,649$4,112$3,631$3,200$2,815$1,480
13 years$4,247$3,716$3,244$2,825$2,455$1,209
14 years$3,903$3,378$2,915$2,508$2,152$992
15 years$3,605$3,086$2,631$2,236$1,895$816
16 years$3,345$2,831$2,386$2,002$1,675$674
17 years$3,115$2,608$2,171$1,799$1,485$557
18 years$2,912$2,409$1,982$1,621$1,320$461
19 years$2,730$2,233$1,814$1,465$1,177$382
20 years$2,566$2,075$1,665$1,327$1,051$317
21 years$2,418$1,933$1,532$1,204$941$264
22 years$2,284$1,804$1,412$1,095$843$219
23 years$2,161$1,687$1,303$997$757$182
24 years$2,049$1,581$1,205$909$680$152
25 years$1,947$1,484$1,116$831$612$127
26 years$1,852$1,394$1,035$759$551$105
27 years$1,764$1,312$961$695$497$88
28 years$1,683$1,237$894$637$449$73
29 years$1,607$1,167$832$584$405$61
30 years$1,537$1,102$775$536$366$51
31 years$1,471$1,042$722$492$331$42
32 years$1,410$985$674$452$299$35
33 years$1,352$933$629$416$271$30
34 years$1,298$885$588$383$245$25
35 years$1,247$839$550$352$222$21
36 years$1,199$796$514$325$201$17
37 years$1,154$756$481$299$182$14
38 years$1,111$719$451$276$165$12
39 years$1,071$683$422$254$150$10
40 years$1,032$650$396$234$136$8
41 years$996$619$371$216$123$7
42 years$961$590$348$200$112$6
43 years$928$562$327$184$102$5
44 years$897$535$307$170$92$4
45 years$867$511$288$157$84$3
46 years$839$487$270$145$76$3
47 years$812$465$254$134$69$2
48 years$786$444$239$124$63$2
49 years$761$424$224$114$57$2
50 years$737$405$211$106$52$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $755,000, adding $4,527 every year, while hoping to spend $29,440 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: 42/28/30 Blend
29$755,000$755,000$755,000$755,000
30$836,680$796,665$784,962$864,312
31$890,697$804,377$779,934$892,417
32$949,237$811,481$773,752$919,747
33$1,012,731$817,915$766,344$948,795
34$1,081,652$823,615$757,638$979,739
35$1,156,519$828,511$747,558$1,012,776
36$1,237,906$832,530$736,023$1,048,123
37$1,326,442$835,593$722,949$1,086,024
38$1,422,820$837,618$708,249$1,126,748
39$1,527,802$838,517$691,830$1,170,593
40$1,642,229$838,195$673,597$1,217,891
41$1,767,022$836,552$653,449$1,269,008
42$1,903,199$833,484$631,280$1,324,351
43$2,051,878$828,877$606,981$1,384,371
44$2,214,291$822,614$580,436$1,449,567
45$2,391,793$814,566$551,525$1,520,493
46$2,585,878$804,601$520,123$1,597,762
47$2,798,187$792,577$486,097$1,682,050
48$3,030,532$778,343$449,311$1,774,110
49$3,284,904$761,739$409,620$1,874,772
50$3,563,497$742,598$366,876$1,984,956
51$3,868,729$720,740$320,921$2,105,679
52$4,203,259$695,976$271,592$2,238,068
53$4,570,019$668,107$218,718$2,383,365
54$4,972,236$636,919$162,120$2,542,949
55$5,413,466$602,190$101,613$2,718,341
56$5,897,624$563,682$37,001$2,911,224
57$6,429,024$521,144$0$3,123,457
58$7,012,417$474,312$0$3,367,325
59$7,653,036$422,906$0$3,648,175
60$8,356,647$366,630$0$3,956,732
61$9,129,600$305,171$0$4,295,844
62$9,978,894$238,198$0$4,668,650
63$10,912,234$165,363$0$5,078,616
64$11,938,113$86,297$0$5,529,563
65$13,065,886$611$0$6,025,705
66$14,305,859$0$0$6,571,692
67$15,669,389$0$0$7,201,031
68$17,168,984$0$0$7,893,485
69$18,818,430$0$0$8,655,244
70$20,632,913$0$0$9,493,337
71$22,629,166$0$0$10,415,506
72$24,825,625$0$0$11,430,283
73$27,242,604$0$0$12,547,067
74$29,902,485$0$0$13,776,217
75$32,829,929$0$0$15,129,144
76$36,052,111$0$0$16,618,424
77$39,598,971$0$0$18,257,912
78$43,503,502$0$0$20,062,878
79$47,802,056$0$0$22,050,144
80$52,534,690$0$0$24,238,248
81$57,745,543$0$0$26,647,616
82$63,483,250$0$0$29,300,758
83$69,801,406$0$0$32,222,475
84$76,759,063$0$0$35,440,099
85$84,421,296$0$0$38,983,744
86$92,859,810$0$0$42,886,597
87$102,153,620$0$0$47,185,226
88$112,389,794$0$0$51,919,927
89$123,664,279$0$0$57,135,104
90$136,082,799$0$0$62,879,690
91$149,761,858$0$0$69,207,602
92$164,829,838$0$0$76,178,258
93$181,428,208$0$0$83,857,132
94$199,712,861$0$0$92,316,376
95$219,855,588$0$0$101,635,496
96$242,045,691$0$0$111,902,105
97$266,491,777$0$0$123,212,752
98$293,423,722$0$0$135,673,830
99$323,094,844$0$0$149,402,578
100$355,784,290$0$0$164,528,194