Can I retire at age 30 with 760,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%13.4%
1 years$62,760$62,201$61,656$61,123$60,603$59,747
2 years$31,069$30,491$29,930$29,386$28,859$27,998
3 years$20,507$19,926$19,367$18,828$18,309$17,470
4 years$15,227$14,648$14,094$13,565$13,058$12,248
5 years$12,060$11,484$10,937$10,419$9,927$9,147
6 years$9,949$9,378$8,839$8,332$7,855$7,107
7 years$8,442$7,875$7,345$6,850$6,388$5,672
8 years$7,312$6,751$6,229$5,746$5,299$4,615
9 years$6,434$5,878$5,365$4,895$4,463$3,810
10 years$5,732$5,181$4,678$4,219$3,803$3,181
11 years$5,157$4,612$4,118$3,672$3,270$2,680
12 years$4,679$4,140$3,655$3,221$2,834$2,273
13 years$4,275$3,741$3,265$2,844$2,471$1,939
14 years$3,929$3,400$2,934$2,524$2,166$1,663
15 years$3,629$3,106$2,649$2,251$1,907$1,431
16 years$3,367$2,850$2,402$2,016$1,686$1,236
17 years$3,136$2,625$2,185$1,811$1,495$1,070
18 years$2,931$2,425$1,995$1,632$1,329$929
19 years$2,748$2,248$1,826$1,475$1,185$808
20 years$2,583$2,089$1,676$1,336$1,058$704
21 years$2,434$1,946$1,542$1,212$947$615
22 years$2,299$1,816$1,421$1,102$849$537
23 years$2,176$1,699$1,312$1,004$762$470
24 years$2,063$1,592$1,213$916$685$412
25 years$1,959$1,494$1,124$836$616$361
26 years$1,864$1,404$1,042$764$555$316
27 years$1,776$1,321$968$700$500$278
28 years$1,694$1,245$900$641$452$244
29 years$1,618$1,174$837$588$408$214
30 years$1,547$1,109$780$540$368$188
31 years$1,481$1,048$727$496$333$166
32 years$1,419$992$678$455$301$146
33 years$1,361$939$633$419$273$128
34 years$1,307$890$592$385$247$113
35 years$1,255$845$553$355$224$99
36 years$1,207$802$518$327$203$88
37 years$1,161$761$484$301$184$77
38 years$1,118$724$454$277$166$68
39 years$1,078$688$425$256$151$60
40 years$1,039$655$398$236$137$53
41 years$1,002$623$374$218$124$46
42 years$968$593$350$201$113$41
43 years$934$565$329$185$102$36
44 years$903$539$309$171$93$32
45 years$873$514$290$158$84$28
46 years$844$490$272$146$77$25
47 years$817$468$256$135$70$22
48 years$791$447$240$125$63$19
49 years$766$427$226$115$57$17
50 years$742$407$212$107$52$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $760,000, adding $4,455 every year, while hoping to spend $46,463 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: 41/35/24 Blend
29$760,000$760,000$760,000$760,000
30$842,115$801,835$790,055$870,536
31$878,575$791,689$767,086$881,207
32$917,196$779,488$741,790$888,007
33$958,150$765,083$714,040$894,447
34$1,001,625$748,316$683,704$900,520
35$1,047,825$729,017$650,642$906,222
36$1,096,974$707,011$614,710$911,555
37$1,149,318$682,107$575,755$916,521
38$1,205,126$654,107$533,620$921,130
39$1,264,691$622,801$488,139$925,397
40$1,328,336$587,965$439,138$929,343
41$1,396,414$549,363$386,437$932,995
42$1,469,313$506,746$329,847$936,391
43$1,547,457$459,850$269,171$939,577
44$1,631,312$408,398$204,203$942,611
45$1,721,390$352,093$134,728$945,561
46$1,818,252$290,626$60,521$948,512
47$1,922,514$223,667$0$951,565
48$2,034,853$150,870$0$959,616
49$2,156,012$71,867$0$984,875
50$2,286,808$0$0$1,012,052
51$2,428,138$0$0$1,046,690
52$2,580,989$0$0$1,114,164
53$2,746,443$0$0$1,187,282
54$2,925,692$0$0$1,266,582
55$3,120,047$0$0$1,352,653
56$3,330,948$0$0$1,446,145
57$3,559,980$0$0$1,547,773
58$3,808,885$0$0$1,658,321
59$4,079,581$0$0$1,778,655
60$4,374,177$0$0$1,909,725
61$4,694,993$0$0$2,052,578
62$5,044,584$0$0$2,208,365
63$5,425,761$0$0$2,378,356
64$5,841,617$0$0$2,563,945
65$6,295,556$0$0$2,766,668
66$6,791,327$0$0$2,988,217
67$7,333,056$0$0$3,230,453
68$7,925,285$0$0$3,495,427
69$8,573,015$0$0$3,785,396
70$9,281,754$0$0$4,102,844
71$10,057,564$0$0$4,450,509
72$10,907,123$0$0$4,831,405
73$11,837,783$0$0$5,248,851
74$12,857,641$0$0$5,706,503
75$13,975,615$0$0$6,208,387
76$15,201,528$0$0$6,758,937
77$16,546,196$0$0$7,363,039
78$18,021,535$0$0$8,026,071
79$19,640,668$0$0$8,753,961
80$21,418,053$0$0$9,553,236
81$23,369,613$0$0$10,431,088
82$25,512,891$0$0$11,395,439
83$27,867,209$0$0$12,455,015
84$30,453,856$0$0$13,619,432
85$33,296,282$0$0$14,899,280
86$36,420,325$0$0$16,306,228
87$39,854,446$0$0$17,853,133
88$43,630,004$0$0$19,554,158
89$47,781,547$0$0$21,424,907
90$52,347,137$0$0$23,482,574
91$57,368,711$0$0$25,746,101
92$62,892,475$0$0$28,236,360
93$68,969,335$0$0$30,976,345
94$75,655,382$0$0$33,991,396
95$83,012,418$0$0$37,309,429
96$91,108,538$0$0$40,961,204
97$100,018,771$0$0$44,980,617
98$109,825,788$0$0$49,405,013
99$120,620,682$0$0$54,275,543
100$132,503,824$0$0$59,637,550