Can I retire at age 30 with 759,000?

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 $759,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$62,678$62,119$61,575$61,043$60,524$60,092
2 years$31,028$30,451$29,891$29,348$28,821$28,385
3 years$20,480$19,900$19,341$18,803$18,285$17,860
4 years$15,207$14,628$14,075$13,547$13,041$12,629
5 years$12,044$11,469$10,923$10,405$9,914$9,516
6 years$9,936$9,365$8,827$8,321$7,844$7,461
7 years$8,431$7,865$7,336$6,841$6,380$6,011
8 years$7,303$6,742$6,221$5,739$5,292$4,939
9 years$6,425$5,870$5,358$4,888$4,457$4,119
10 years$5,724$5,174$4,672$4,214$3,798$3,474
11 years$5,151$4,606$4,113$3,667$3,266$2,957
12 years$4,673$4,134$3,650$3,217$2,830$2,536
13 years$4,269$3,736$3,261$2,840$2,468$2,188
14 years$3,924$3,396$2,930$2,521$2,163$1,897
15 years$3,624$3,102$2,645$2,248$1,905$1,651
16 years$3,363$2,846$2,398$2,013$1,684$1,443
17 years$3,132$2,621$2,182$1,809$1,493$1,265
18 years$2,927$2,422$1,992$1,630$1,327$1,111
19 years$2,744$2,245$1,824$1,473$1,183$979
20 years$2,580$2,086$1,674$1,334$1,057$863
21 years$2,431$1,943$1,540$1,211$946$763
22 years$2,296$1,814$1,419$1,101$848$676
23 years$2,173$1,696$1,310$1,002$761$599
24 years$2,060$1,589$1,212$914$684$531
25 years$1,957$1,492$1,122$835$615$472
26 years$1,861$1,402$1,041$763$554$420
27 years$1,773$1,319$967$699$500$373
28 years$1,692$1,243$899$640$451$332
29 years$1,616$1,173$836$587$407$296
30 years$1,545$1,108$779$539$368$264
31 years$1,479$1,047$726$495$333$235
32 years$1,417$991$677$455$301$210
33 years$1,359$938$633$418$272$187
34 years$1,305$889$591$385$247$167
35 years$1,254$843$553$354$223$149
36 years$1,205$801$517$326$202$133
37 years$1,160$760$484$301$183$119
38 years$1,117$723$453$277$166$107
39 years$1,076$687$424$255$151$95
40 years$1,038$654$398$236$137$85
41 years$1,001$622$373$217$124$76
42 years$966$593$350$201$113$68
43 years$933$565$328$185$102$61
44 years$902$538$308$171$93$54
45 years$872$513$289$158$84$49
46 years$843$490$272$146$76$44
47 years$816$467$255$135$69$39
48 years$790$446$240$125$63$35
49 years$765$426$226$115$57$31
50 years$741$407$212$106$52$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $759,000, adding $6,287 every year, while hoping to spend $24,414 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: 40/41/19 Blend
29$759,000$759,000$759,000$759,000
30$842,903$802,676$790,912$871,646
31$902,903$816,031$791,431$906,123
32$968,204$829,222$791,149$940,581
33$1,039,323$842,215$790,014$977,352
34$1,116,824$854,974$787,970$1,016,659
35$1,201,333$867,461$784,960$1,058,750
36$1,293,536$879,633$780,923$1,103,898
37$1,394,187$891,446$775,794$1,152,403
38$1,504,120$902,852$769,509$1,204,599
39$1,624,248$913,800$761,996$1,260,854
40$1,755,582$924,237$753,183$1,321,574
41$1,899,229$934,103$742,993$1,387,209
42$2,056,413$943,336$731,346$1,458,254
43$2,228,479$951,871$718,157$1,535,259
44$2,416,908$959,637$703,340$1,618,829
45$2,623,333$966,559$686,802$1,709,633
46$2,849,549$972,557$668,446$1,808,410
47$3,097,537$977,546$648,173$1,915,975
48$3,369,475$981,436$625,876$2,033,230
49$3,667,765$984,129$601,446$2,161,171
50$3,995,050$985,525$574,768$2,300,896
51$4,354,244$985,514$545,721$2,453,620
52$4,748,554$983,981$514,180$2,620,681
53$5,181,514$980,804$480,012$2,803,559
54$5,657,017$975,852$443,081$3,003,888
55$6,179,351$968,987$403,243$3,223,470
56$6,753,241$960,064$360,348$3,464,295
57$7,383,891$948,926$314,239$3,728,561
58$8,077,035$935,410$264,753$4,018,692
59$8,838,989$919,342$211,719$4,337,363
60$9,676,712$900,536$154,958$4,687,529
61$10,597,872$878,797$94,284$5,072,447
62$11,610,915$853,919$29,503$5,495,716
63$12,725,148$825,681$0$5,961,302
64$13,950,826$793,852$0$6,481,619
65$15,299,246$758,186$0$7,060,369
66$16,782,856$718,424$0$7,696,940
67$18,415,371$674,291$0$8,397,258
68$20,211,904$625,497$0$9,167,861
69$22,189,106$571,733$0$10,015,956
70$24,365,323$512,676$0$10,949,489
71$26,760,771$447,983$0$11,977,225
72$29,397,726$377,290$0$13,108,825
73$32,300,732$300,215$0$14,354,944
74$35,496,834$216,354$0$15,727,330
75$39,015,834$125,278$0$17,238,933
76$42,890,569$26,537$0$18,904,035
77$47,157,224$0$0$20,738,380
78$51,855,669$0$0$22,795,577
79$57,029,840$0$0$25,074,386
80$62,728,151$0$0$27,584,174
81$69,003,950$0$0$30,348,455
82$75,916,023$0$0$33,393,139
83$83,529,147$0$0$36,746,779
84$91,914,705$0$0$40,440,837
85$101,151,357$0$0$44,509,986
86$111,325,779$0$0$48,992,429
87$122,533,487$0$0$53,930,267
88$134,879,735$0$0$59,369,895
89$148,480,506$0$0$65,362,434
90$163,463,612$0$0$71,964,223
91$179,969,895$0$0$79,237,340
92$198,154,558$0$0$87,250,198
93$218,188,630$0$0$96,078,182
94$240,260,580$0$0$105,804,368
95$264,578,095$0$0$116,520,300
96$291,370,042$0$0$128,326,860
97$320,888,624$0$0$141,335,215
98$353,411,764$0$0$155,667,872
99$389,245,729$0$0$171,459,829
100$428,728,016$0$0$188,859,851