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%15%
1 years$62,678$62,119$61,575$61,043$60,524$59,277
2 years$31,028$30,451$29,891$29,348$28,821$27,571
3 years$20,480$19,900$19,341$18,803$18,285$17,071
4 years$15,207$14,628$14,075$13,547$13,041$11,871
5 years$12,044$11,469$10,923$10,405$9,914$8,792
6 years$9,936$9,365$8,827$8,321$7,844$6,772
7 years$8,431$7,865$7,336$6,841$6,380$5,356
8 years$7,303$6,742$6,221$5,739$5,292$4,318
9 years$6,425$5,870$5,358$4,888$4,457$3,531
10 years$5,724$5,174$4,672$4,214$3,798$2,920
11 years$5,151$4,606$4,113$3,667$3,266$2,434
12 years$4,673$4,134$3,650$3,217$2,830$2,044
13 years$4,269$3,736$3,261$2,840$2,468$1,726
14 years$3,924$3,396$2,930$2,521$2,163$1,463
15 years$3,624$3,102$2,645$2,248$1,905$1,246
16 years$3,363$2,846$2,398$2,013$1,684$1,064
17 years$3,132$2,621$2,182$1,809$1,493$911
18 years$2,927$2,422$1,992$1,630$1,327$782
19 years$2,744$2,245$1,824$1,473$1,183$672
20 years$2,580$2,086$1,674$1,334$1,057$579
21 years$2,431$1,943$1,540$1,211$946$499
22 years$2,296$1,814$1,419$1,101$848$431
23 years$2,173$1,696$1,310$1,002$761$372
24 years$2,060$1,589$1,212$914$684$322
25 years$1,957$1,492$1,122$835$615$279
26 years$1,861$1,402$1,041$763$554$241
27 years$1,773$1,319$967$699$500$209
28 years$1,692$1,243$899$640$451$181
29 years$1,616$1,173$836$587$407$157
30 years$1,545$1,108$779$539$368$136
31 years$1,479$1,047$726$495$333$118
32 years$1,417$991$677$455$301$103
33 years$1,359$938$633$418$272$89
34 years$1,305$889$591$385$247$77
35 years$1,254$843$553$354$223$67
36 years$1,205$801$517$326$202$58
37 years$1,160$760$484$301$183$51
38 years$1,117$723$453$277$166$44
39 years$1,076$687$424$255$151$38
40 years$1,038$654$398$236$137$33
41 years$1,001$622$373$217$124$29
42 years$966$593$350$201$113$25
43 years$933$565$328$185$102$22
44 years$902$538$308$171$93$19
45 years$872$513$289$158$84$17
46 years$843$490$272$146$76$14
47 years$816$467$255$135$69$12
48 years$790$446$240$125$63$11
49 years$765$426$226$115$57$9
50 years$741$407$212$106$52$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $759,000, adding $6,391 every year, while hoping to spend $34,302 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: 74/5/21 Blend
29$759,000$759,000$759,000$759,000
30$843,010$802,783$791,019$900,683
31$892,500$805,623$781,021$942,681
32$945,889$807,451$769,538$983,919
33$1,003,537$808,184$756,485$1,028,237
34$1,065,842$807,729$741,772$1,075,932
35$1,133,240$805,990$725,304$1,127,335
36$1,206,211$802,865$706,982$1,182,812
37$1,285,283$798,244$686,704$1,242,765
38$1,371,036$792,011$664,363$1,307,636
39$1,464,107$784,045$639,844$1,377,916
40$1,565,197$774,215$613,031$1,454,143
41$1,675,079$762,383$583,799$1,536,914
42$1,794,602$748,404$552,021$1,626,885
43$1,924,698$732,124$517,561$1,724,781
44$2,066,397$713,377$480,278$1,831,400
45$2,220,828$691,991$440,026$1,947,624
46$2,389,236$667,782$396,651$2,074,425
47$2,572,992$640,557$349,992$2,212,874
48$2,773,602$610,109$299,882$2,364,156
49$2,992,726$576,222$246,145$2,529,573
50$3,232,192$538,665$188,599$2,710,564
51$3,494,011$497,195$127,052$2,908,715
52$3,780,398$451,555$61,306$3,125,777
53$4,093,792$401,474$0$3,363,678
54$4,436,877$346,664$0$3,626,530
55$4,812,610$286,823$0$3,929,485
56$5,224,248$221,629$0$4,261,428
57$5,675,377$150,744$0$4,625,267
58$6,169,946$73,812$0$5,024,203
59$6,712,306$0$0$5,461,763
60$7,307,246$0$0$5,942,358
61$7,960,044$0$0$6,474,181
62$8,676,512$0$0$7,057,908
63$9,463,053$0$0$7,698,762
64$10,326,720$0$0$8,402,493
65$11,275,281$0$0$9,175,435
66$12,317,296$0$0$10,024,568
67$13,462,192$0$0$10,957,580
68$14,720,356$0$0$11,982,940
69$16,103,232$0$0$13,109,979
70$17,623,424$0$0$14,348,976
71$19,294,823$0$0$15,711,257
72$21,132,729$0$0$17,209,300
73$23,154,001$0$0$18,856,850
74$25,377,214$0$0$20,669,056
75$27,822,832$0$0$22,662,603
76$30,513,403$0$0$24,855,880
77$33,473,771$0$0$27,269,144
78$36,731,308$0$0$29,924,717
79$40,316,175$0$0$32,847,192
80$44,261,604$0$0$36,063,671
81$48,604,212$0$0$39,604,011
82$53,384,345$0$0$43,501,114
83$58,646,461$0$0$47,791,233
84$64,439,546$0$0$52,514,313
85$70,817,576$0$0$57,714,372
86$77,840,029$0$0$63,439,910
87$85,572,443$0$0$69,744,371
88$94,087,034$0$0$76,686,644
89$103,463,379$0$0$84,331,623
90$113,789,163$0$0$92,750,812
91$125,161,013$0$0$102,023,006
92$137,685,400$0$0$112,235,029
93$151,479,649$0$0$123,482,557
94$166,673,049$0$0$135,871,019
95$183,408,062$0$0$149,516,591
96$201,841,680$0$0$164,547,294
97$222,146,896$0$0$181,104,199
98$244,514,340$0$0$199,342,759
99$269,154,081$0$0$219,434,280
100$296,297,602$0$0$241,567,531