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%
1 years$62,678$62,119$61,575$61,043$60,524$59,253
2 years$31,028$30,451$29,891$29,348$28,821$27,547
3 years$20,480$19,900$19,341$18,803$18,285$17,047
4 years$15,207$14,628$14,075$13,547$13,041$11,849
5 years$12,044$11,469$10,923$10,405$9,914$8,771
6 years$9,936$9,365$8,827$8,321$7,844$6,752
7 years$8,431$7,865$7,336$6,841$6,380$5,338
8 years$7,303$6,742$6,221$5,739$5,292$4,301
9 years$6,425$5,870$5,358$4,888$4,457$3,515
10 years$5,724$5,174$4,672$4,214$3,798$2,904
11 years$5,151$4,606$4,113$3,667$3,266$2,420
12 years$4,673$4,134$3,650$3,217$2,830$2,031
13 years$4,269$3,736$3,261$2,840$2,468$1,713
14 years$3,924$3,396$2,930$2,521$2,163$1,452
15 years$3,624$3,102$2,645$2,248$1,905$1,235
16 years$3,363$2,846$2,398$2,013$1,684$1,054
17 years$3,132$2,621$2,182$1,809$1,493$902
18 years$2,927$2,422$1,992$1,630$1,327$773
19 years$2,744$2,245$1,824$1,473$1,183$664
20 years$2,580$2,086$1,674$1,334$1,057$572
21 years$2,431$1,943$1,540$1,211$946$492
22 years$2,296$1,814$1,419$1,101$848$425
23 years$2,173$1,696$1,310$1,002$761$367
24 years$2,060$1,589$1,212$914$684$317
25 years$1,957$1,492$1,122$835$615$274
26 years$1,861$1,402$1,041$763$554$237
27 years$1,773$1,319$967$699$500$205
28 years$1,692$1,243$899$640$451$178
29 years$1,616$1,173$836$587$407$154
30 years$1,545$1,108$779$539$368$134
31 years$1,479$1,047$726$495$333$116
32 years$1,417$991$677$455$301$100
33 years$1,359$938$633$418$272$87
34 years$1,305$889$591$385$247$76
35 years$1,254$843$553$354$223$66
36 years$1,205$801$517$326$202$57
37 years$1,160$760$484$301$183$49
38 years$1,117$723$453$277$166$43
39 years$1,076$687$424$255$151$37
40 years$1,038$654$398$236$137$32
41 years$1,001$622$373$217$124$28
42 years$966$593$350$201$113$24
43 years$933$565$328$185$102$21
44 years$902$538$308$171$93$18
45 years$872$513$289$158$84$16
46 years$843$490$272$146$76$14
47 years$816$467$255$135$69$12
48 years$790$446$240$125$63$10
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 $5,638 every year, while hoping to spend $31,919 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: 48/36/16 Blend
29$759,000$759,000$759,000$759,000
30$842,234$802,007$790,242$878,634
31$894,180$807,343$782,754$909,751
32$950,355$811,872$773,945$939,795
33$1,011,156$815,519$763,737$971,725
34$1,077,021$818,206$752,049$1,005,729
35$1,148,430$819,851$738,795$1,042,016
36$1,225,912$820,365$723,887$1,080,817
37$1,310,047$819,656$707,229$1,122,388
38$1,401,476$817,623$688,725$1,167,016
39$1,500,901$814,161$668,273$1,215,014
40$1,609,097$809,159$645,763$1,266,732
41$1,726,914$802,497$621,086$1,322,558
42$1,855,290$794,050$594,123$1,382,921
43$1,995,255$783,684$564,752$1,448,294
44$2,147,945$771,258$532,845$1,519,204
45$2,314,608$756,623$498,268$1,596,232
46$2,496,619$739,619$460,881$1,680,024
47$2,695,492$720,078$420,539$1,771,292
48$2,912,893$697,822$377,087$1,870,825
49$3,150,657$672,664$330,368$1,979,497
50$3,410,802$644,403$280,214$2,098,272
51$3,695,554$612,829$226,451$2,228,219
52$4,007,362$577,718$168,898$2,370,520
53$4,348,922$538,836$107,365$2,526,480
54$4,723,204$495,931$41,655$2,697,545
55$5,133,480$448,741$0$2,885,310
56$5,583,353$396,987$0$3,096,401
57$6,076,789$340,373$0$3,335,812
58$6,618,160$278,590$0$3,598,620
59$7,212,279$211,308$0$3,887,246
60$7,864,449$138,180$0$4,204,364
61$8,580,511$58,838$0$4,552,924
62$9,366,898$0$0$4,936,183
63$10,230,699$0$0$5,368,473
64$11,179,721$0$0$5,869,108
65$12,222,567$0$0$6,419,329
66$13,368,712$0$0$7,024,148
67$14,628,597$0$0$7,689,084
68$16,013,722$0$0$8,420,221
69$17,536,760$0$0$9,224,260
70$19,211,671$0$0$10,108,583
71$21,053,838$0$0$11,081,327
72$23,080,206$0$0$12,151,452
73$25,309,449$0$0$13,328,835
74$27,762,139$0$0$14,624,356
75$30,460,944$0$0$16,050,004
76$33,430,839$0$0$17,618,987
77$36,699,345$0$0$19,345,862
78$40,296,783$0$0$21,246,664
79$44,256,563$0$0$23,339,064
80$48,615,501$0$0$25,642,535
81$53,414,161$0$0$28,178,531
82$58,697,240$0$0$30,970,693
83$64,513,991$0$0$34,045,071
84$70,918,683$0$0$37,430,369
85$77,971,119$0$0$41,158,218
86$85,737,193$0$0$45,263,470
87$94,289,517$0$0$49,784,533
88$103,708,102$0$0$54,763,726
89$114,081,116$0$0$60,247,684
90$125,505,714$0$0$66,287,794
91$138,088,952$0$0$72,940,683
92$151,948,803$0$0$80,268,750
93$167,215,265$0$0$88,340,756
94$184,031,587$0$0$97,232,471
95$202,555,626$0$0$107,027,391
96$222,961,330$0$0$117,817,525
97$245,440,385$0$0$129,704,262
98$270,204,019$0$0$142,799,332
99$297,484,998$0$0$157,225,853
100$327,539,823$0$0$173,119,501