Can I retire at age 30 with 757,000?

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 $757,000?

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 years$62,512$61,956$61,412$60,882$60,364$60,110
2 years$30,947$30,370$29,812$29,270$28,745$28,488
3 years$20,426$19,847$19,290$18,754$18,237$17,986
4 years$15,167$14,590$14,038$13,511$13,007$12,763
5 years$12,012$11,439$10,894$10,378$9,888$9,652
6 years$9,910$9,341$8,804$8,299$7,824$7,596
7 years$8,409$7,844$7,316$6,823$6,363$6,144
8 years$7,283$6,724$6,205$5,724$5,278$5,069
9 years$6,408$5,854$5,344$4,875$4,445$4,244
10 years$5,709$5,160$4,659$4,203$3,788$3,595
11 years$5,137$4,594$4,102$3,658$3,257$3,073
12 years$4,661$4,123$3,640$3,208$2,823$2,646
13 years$4,258$3,726$3,252$2,832$2,462$2,293
14 years$3,913$3,387$2,922$2,514$2,158$1,997
15 years$3,615$3,094$2,638$2,242$1,900$1,747
16 years$3,354$2,839$2,392$2,008$1,679$1,534
17 years$3,124$2,614$2,177$1,804$1,489$1,351
18 years$2,919$2,416$1,987$1,626$1,324$1,193
19 years$2,737$2,239$1,819$1,469$1,180$1,056
20 years$2,573$2,081$1,669$1,330$1,054$936
21 years$2,425$1,938$1,536$1,207$943$832
22 years$2,290$1,809$1,415$1,098$845$740
23 years$2,167$1,692$1,307$1,000$759$659
24 years$2,055$1,585$1,209$912$682$588
25 years$1,952$1,488$1,119$833$614$525
26 years$1,857$1,398$1,038$761$553$470
27 years$1,769$1,316$964$697$498$420
28 years$1,687$1,240$896$639$450$376
29 years$1,611$1,170$834$586$406$337
30 years$1,541$1,105$777$537$367$302
31 years$1,475$1,044$724$494$332$271
32 years$1,413$988$676$454$300$243
33 years$1,356$936$631$417$272$218
34 years$1,301$887$589$384$246$196
35 years$1,250$841$551$353$223$176
36 years$1,202$798$516$325$202$158
37 years$1,157$758$483$300$183$142
38 years$1,114$721$452$276$166$128
39 years$1,073$685$423$255$150$115
40 years$1,035$652$397$235$136$103
41 years$998$621$372$217$124$93
42 years$964$591$349$200$112$84
43 years$931$563$328$185$102$75
44 years$899$537$307$171$92$68
45 years$870$512$289$158$84$61
46 years$841$488$271$146$76$55
47 years$814$466$255$134$69$49
48 years$788$445$239$124$63$44
49 years$763$425$225$115$57$40
50 years$739$406$212$106$52$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $757,000, adding $4,672 every year, while hoping to spend $23,800 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: 68/13/19 Blend
29$757,000$757,000$757,000$757,000
30$839,033$798,912$787,179$891,864
31$899,292$812,736$788,226$941,585
32$964,899$826,439$788,511$992,738
33$1,036,375$839,991$787,983$1,048,112
34$1,114,293$853,359$786,588$1,108,119
35$1,199,283$866,506$784,271$1,173,217
36$1,292,039$879,394$780,973$1,243,909
37$1,393,325$891,982$776,634$1,320,749
38$1,503,981$904,226$771,188$1,404,350
39$1,624,933$916,079$764,569$1,495,384
40$1,757,200$927,490$756,705$1,594,596
41$1,901,903$938,406$747,524$1,702,803
42$2,060,279$948,770$736,947$1,820,909
43$2,233,687$958,519$724,895$1,949,909
44$2,423,625$967,588$711,281$2,090,899
45$2,631,743$975,908$696,017$2,245,090
46$2,859,858$983,405$679,010$2,413,814
47$3,109,970$989,998$660,164$2,598,541
48$3,384,283$995,605$639,376$2,800,890
49$3,685,225$1,000,135$616,540$3,022,649
50$4,015,469$1,003,492$591,545$3,265,785
51$4,377,960$1,005,576$564,275$3,532,468
52$4,775,942$1,006,280$534,608$3,825,092
53$5,212,988$1,005,487$502,417$4,146,293
54$5,693,034$1,003,078$467,570$4,498,979
55$6,220,418$998,922$429,928$4,886,354
56$6,799,915$992,884$389,345$5,311,952
57$7,436,789$984,818$345,671$5,779,666
58$8,136,838$974,571$298,747$6,293,789
59$8,906,449$961,978$248,408$6,859,054
60$9,752,659$946,867$194,482$7,480,676
61$10,683,221$929,055$136,789$8,164,406
62$11,706,679$908,348$75,140$8,916,580
63$12,832,443$884,540$9,340$9,744,187
64$14,070,883$857,413$0$10,654,925
65$15,433,424$826,737$0$11,669,626
66$16,932,654$792,268$0$12,788,127
67$18,582,444$753,749$0$14,018,891
68$20,398,077$710,905$0$15,373,333
69$22,396,390$663,450$0$16,864,031
70$24,595,940$611,077$0$18,504,847
71$27,017,170$553,464$0$20,311,058
72$29,682,608$490,270$0$22,299,497
73$32,617,075$421,134$0$24,488,717
74$35,847,924$345,677$0$26,899,160
75$39,405,292$263,495$0$29,553,356
76$43,322,390$174,164$0$32,476,133
77$47,635,810$77,235$0$35,694,852
78$52,385,878$0$0$39,239,664
79$57,617,026$0$0$43,147,770
80$63,378,216$0$0$47,464,089
81$69,723,401$0$0$52,218,004
82$76,712,035$0$0$57,454,063
83$84,409,630$0$0$63,221,361
84$92,888,378$0$0$69,573,992
85$102,227,831$0$0$76,571,570
86$112,515,650$0$0$84,279,783
87$123,848,435$0$0$92,771,019
88$136,332,634$0$0$102,125,043
89$150,085,549$0$0$112,429,756
90$165,236,441$0$0$123,782,020
91$181,927,753$0$0$136,288,575
92$200,316,449$0$0$150,067,044
93$220,575,503$0$0$165,247,042
94$242,895,524$0$0$181,971,406
95$267,486,559$0$0$200,397,533
96$294,580,073$0$0$220,698,873
97$324,431,138$0$0$243,066,566
98$357,320,833$0$0$267,711,240
99$393,558,906$0$0$294,865,005
100$433,486,689$0$0$324,783,641