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%18.5%
1 years$62,512$61,956$61,412$60,882$60,364$58,292
2 years$30,947$30,370$29,812$29,270$28,745$26,678
3 years$20,426$19,847$19,290$18,754$18,237$16,241
4 years$15,167$14,590$14,038$13,511$13,007$11,096
5 years$12,012$11,439$10,894$10,378$9,888$8,068
6 years$9,910$9,341$8,804$8,299$7,824$6,096
7 years$8,409$7,844$7,316$6,823$6,363$4,727
8 years$7,283$6,724$6,205$5,724$5,278$3,734
9 years$6,408$5,854$5,344$4,875$4,445$2,989
10 years$5,709$5,160$4,659$4,203$3,788$2,418
11 years$5,137$4,594$4,102$3,658$3,257$1,971
12 years$4,661$4,123$3,640$3,208$2,823$1,618
13 years$4,258$3,726$3,252$2,832$2,462$1,334
14 years$3,913$3,387$2,922$2,514$2,158$1,104
15 years$3,615$3,094$2,638$2,242$1,900$917
16 years$3,354$2,839$2,392$2,008$1,679$764
17 years$3,124$2,614$2,177$1,804$1,489$638
18 years$2,919$2,416$1,987$1,626$1,324$533
19 years$2,737$2,239$1,819$1,469$1,180$446
20 years$2,573$2,081$1,669$1,330$1,054$374
21 years$2,425$1,938$1,536$1,207$943$314
22 years$2,290$1,809$1,415$1,098$845$264
23 years$2,167$1,692$1,307$1,000$759$222
24 years$2,055$1,585$1,209$912$682$187
25 years$1,952$1,488$1,119$833$614$157
26 years$1,857$1,398$1,038$761$553$132
27 years$1,769$1,316$964$697$498$111
28 years$1,687$1,240$896$639$450$94
29 years$1,611$1,170$834$586$406$79
30 years$1,541$1,105$777$537$367$67
31 years$1,475$1,044$724$494$332$56
32 years$1,413$988$676$454$300$47
33 years$1,356$936$631$417$272$40
34 years$1,301$887$589$384$246$34
35 years$1,250$841$551$353$223$28
36 years$1,202$798$516$325$202$24
37 years$1,157$758$483$300$183$20
38 years$1,114$721$452$276$166$17
39 years$1,073$685$423$255$150$14
40 years$1,035$652$397$235$136$12
41 years$998$621$372$217$124$10
42 years$964$591$349$200$112$9
43 years$931$563$328$185$102$7
44 years$899$537$307$171$92$6
45 years$870$512$289$158$84$5
46 years$841$488$271$146$76$4
47 years$814$466$255$134$69$4
48 years$788$445$239$124$63$3
49 years$763$425$225$115$57$3
50 years$739$406$212$106$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $757,000, adding $2,154 every year, while hoping to spend $47,940 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: 70/10/20 Blend
29$757,000$757,000$757,000$757,000
30$836,436$796,315$784,581$890,749
31$870,745$784,326$759,857$915,264
32$906,946$770,144$732,698$936,222
33$945,183$753,609$702,971$957,976
34$985,610$734,555$670,539$980,601
35$1,028,397$712,803$635,257$1,004,179
36$1,073,730$688,166$596,975$1,028,802
37$1,121,810$660,446$555,533$1,054,573
38$1,172,859$629,433$510,768$1,081,607
39$1,227,119$594,903$462,507$1,110,031
40$1,284,854$556,622$410,570$1,139,988
41$1,346,354$514,342$354,769$1,171,636
42$1,411,936$467,799$294,908$1,205,152
43$1,481,948$416,715$230,781$1,240,733
44$1,556,769$360,796$162,175$1,278,597
45$1,636,818$299,734$88,866$1,318,987
46$1,722,551$233,198$10,621$1,362,175
47$1,814,470$160,844$0$1,408,460
48$1,913,126$82,306$0$1,473,729
49$2,019,123$0$0$1,546,231
50$2,133,124$0$0$1,624,472
51$2,255,856$0$0$1,718,485
52$2,388,119$0$0$1,819,830
53$2,530,791$0$0$1,929,183
54$2,684,837$0$0$2,047,287
55$2,851,317$0$0$2,174,960
56$3,031,395$0$0$2,313,099
57$3,226,353$0$0$2,462,692
58$3,437,597$0$0$2,624,823
59$3,666,677$0$0$2,800,687
60$3,915,293$0$0$2,991,594
61$4,185,319$0$0$3,198,989
62$4,478,813$0$0$3,424,459
63$4,798,041$0$0$3,669,751
64$5,145,496$0$0$3,936,787
65$5,523,920$0$0$4,227,681
66$5,936,331$0$0$4,544,761
67$6,386,051$0$0$4,890,587
68$6,876,734$0$0$5,267,978
69$7,412,406$0$0$5,680,038
70$7,997,495$0$0$6,130,182
71$8,636,877$0$0$6,622,171
72$9,335,921$0$0$7,160,143
73$10,100,537$0$0$7,748,658
74$10,937,232$0$0$8,392,733
75$11,853,174$0$0$9,097,897
76$12,856,252$0$0$9,870,234
77$13,955,157$0$0$10,716,446
78$15,159,459$0$0$11,643,915
79$16,479,697$0$0$12,660,769
80$17,927,480$0$0$13,775,961
81$19,515,592$0$0$14,999,352
82$21,258,117$0$0$16,341,803
83$23,170,564$0$0$17,815,279
84$25,270,021$0$0$19,432,958
85$27,575,309$0$0$21,209,356
86$30,107,160$0$0$23,160,466
87$32,888,414$0$0$25,303,902
88$35,944,231$0$0$27,659,074
89$39,302,328$0$0$30,247,359
90$42,993,244$0$0$33,092,311
91$47,050,617$0$0$36,219,880
92$51,511,513$0$0$39,658,654
93$56,416,765$0$0$43,440,129
94$61,811,362$0$0$47,599,008
95$67,744,870$0$0$52,173,525
96$74,271,901$0$0$57,205,804
97$81,452,627$0$0$62,742,258
98$89,353,345$0$0$68,834,027
99$98,047,101$0$0$75,537,456
100$107,614,380$0$0$82,914,629