Can I retire at age 30 with 760,000?

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 $760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$62,760$62,201$61,656$61,123$60,603$58,876
2 years$31,069$30,491$29,930$29,386$28,859$27,132
3 years$20,507$19,926$19,367$18,828$18,309$16,637
4 years$15,227$14,648$14,094$13,565$13,058$11,453
5 years$12,060$11,484$10,937$10,419$9,927$8,394
6 years$9,949$9,378$8,839$8,332$7,855$6,395
7 years$8,442$7,875$7,345$6,850$6,388$5,001
8 years$7,312$6,751$6,229$5,746$5,299$3,985
9 years$6,434$5,878$5,365$4,895$4,463$3,220
10 years$5,732$5,181$4,678$4,219$3,803$2,629
11 years$5,157$4,612$4,118$3,672$3,270$2,165
12 years$4,679$4,140$3,655$3,221$2,834$1,794
13 years$4,275$3,741$3,265$2,844$2,471$1,494
14 years$3,929$3,400$2,934$2,524$2,166$1,250
15 years$3,629$3,106$2,649$2,251$1,907$1,049
16 years$3,367$2,850$2,402$2,016$1,686$883
17 years$3,136$2,625$2,185$1,811$1,495$745
18 years$2,931$2,425$1,995$1,632$1,329$630
19 years$2,748$2,248$1,826$1,475$1,185$534
20 years$2,583$2,089$1,676$1,336$1,058$453
21 years$2,434$1,946$1,542$1,212$947$384
22 years$2,299$1,816$1,421$1,102$849$327
23 years$2,176$1,699$1,312$1,004$762$278
24 years$2,063$1,592$1,213$916$685$237
25 years$1,959$1,494$1,124$836$616$202
26 years$1,864$1,404$1,042$764$555$172
27 years$1,776$1,321$968$700$500$146
28 years$1,694$1,245$900$641$452$125
29 years$1,618$1,174$837$588$408$107
30 years$1,547$1,109$780$540$368$91
31 years$1,481$1,048$727$496$333$78
32 years$1,419$992$678$455$301$66
33 years$1,361$939$633$419$273$57
34 years$1,307$890$592$385$247$48
35 years$1,255$845$553$355$224$41
36 years$1,207$802$518$327$203$35
37 years$1,161$761$484$301$184$30
38 years$1,118$724$454$277$166$26
39 years$1,078$688$425$256$151$22
40 years$1,039$655$398$236$137$19
41 years$1,002$623$374$218$124$16
42 years$968$593$350$201$113$14
43 years$934$565$329$185$102$12
44 years$903$539$309$171$93$10
45 years$873$514$290$158$84$9
46 years$844$490$272$146$77$7
47 years$817$468$256$135$70$6
48 years$791$447$240$125$63$5
49 years$766$427$226$115$57$5
50 years$742$407$212$107$52$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $760,000, adding $6,215 every year, while hoping to spend $20,037 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: 62/32/6 Blend
29$760,000$760,000$760,000$760,000
30$843,931$803,651$791,871$894,962
31$908,692$821,710$797,079$947,839
32$979,388$839,983$801,791$1,002,622
33$1,056,603$858,459$805,967$1,061,894
34$1,140,978$877,126$809,569$1,126,090
35$1,233,223$895,970$812,555$1,195,686
36$1,334,116$914,977$814,880$1,271,206
37$1,444,516$934,131$816,499$1,353,230
38$1,565,369$953,415$817,363$1,442,393
39$1,697,713$972,810$817,422$1,539,398
40$1,842,697$992,294$816,622$1,645,017
41$2,001,581$1,011,845$814,908$1,760,101
42$2,175,755$1,031,439$812,220$1,885,589
43$2,366,750$1,051,048$808,498$2,022,512
44$2,576,253$1,070,643$803,677$2,172,011
45$2,806,120$1,090,194$797,689$2,335,338
46$3,058,396$1,109,666$790,464$2,513,875
47$3,335,336$1,129,022$781,927$2,709,146
48$3,639,420$1,148,224$772,002$2,922,828
49$3,973,383$1,167,230$760,606$3,156,770
50$4,340,237$1,185,992$747,655$3,413,010
51$4,743,299$1,204,464$733,060$3,693,791
52$5,186,225$1,222,592$716,726$4,001,589
53$5,673,041$1,240,320$698,558$4,339,130
54$6,208,183$1,257,588$678,452$4,709,418
55$6,796,540$1,274,332$656,302$5,115,765
56$7,443,496$1,290,483$631,997$5,561,820
57$8,154,982$1,305,967$605,419$6,051,604
58$8,937,537$1,320,705$576,447$6,589,549
59$9,798,360$1,334,615$544,952$7,180,539
60$10,745,387$1,347,605$510,802$7,829,958
61$11,787,360$1,359,581$473,858$8,543,739
62$12,933,912$1,370,441$433,973$9,328,419
63$14,195,655$1,380,077$390,995$10,191,204
64$15,584,284$1,388,373$344,766$11,140,036
65$17,112,685$1,395,207$295,119$12,183,667
66$18,795,055$1,400,449$241,882$13,331,744
67$20,647,038$1,403,958$184,872$14,594,896
68$22,685,872$1,405,589$123,902$15,984,842
69$24,930,552$1,405,184$58,774$17,514,494
70$27,402,007$1,402,576$0$19,198,083
71$30,123,300$1,397,590$0$21,051,981
72$33,119,842$1,390,038$0$23,096,847
73$36,419,636$1,379,720$0$25,347,981
74$40,053,539$1,366,427$0$27,826,393
75$44,055,552$1,349,933$0$30,555,240
76$48,463,142$1,330,003$0$33,560,041
77$53,317,594$1,306,385$0$36,868,920
78$58,664,403$1,278,812$0$40,512,871
79$64,553,702$1,247,004$0$44,526,053
80$71,040,734$1,210,662$0$48,946,110
81$78,186,373$1,169,468$0$53,814,527
82$86,057,702$1,123,091$0$59,177,025
83$94,728,640$1,071,175$0$65,083,991
84$104,280,644$1,013,346$0$71,590,955
85$114,803,479$949,208$0$78,759,112
86$126,396,058$878,343$0$86,655,905
87$139,167,382$800,309$0$95,355,661
88$153,237,568$714,637$0$104,940,288
89$168,738,979$620,833$0$115,500,059
90$185,817,476$518,375$0$127,134,455
91$204,633,794$406,711$0$139,953,112
92$225,365,059$285,258$0$154,076,853
93$248,206,460$153,400$0$169,638,834
94$273,373,089$10,487$0$186,785,796
95$301,101,976$0$0$205,679,456
96$331,654,322$0$0$226,548,800
97$365,317,965$0$0$249,547,550
98$402,410,100$0$0$274,888,733
99$443,280,268$0$0$302,811,167
100$488,313,659$0$0$333,578,029