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%19.7%
1 years$62,760$62,201$61,656$61,123$60,603$58,245
2 years$31,069$30,491$29,930$29,386$28,859$26,511
3 years$20,507$19,926$19,367$18,828$18,309$16,046
4 years$15,227$14,648$14,094$13,565$13,058$10,897
5 years$12,060$11,484$10,937$10,419$9,927$7,873
6 years$9,949$9,378$8,839$8,332$7,855$5,910
7 years$8,442$7,875$7,345$6,850$6,388$4,552
8 years$7,312$6,751$6,229$5,746$5,299$3,569
9 years$6,434$5,878$5,365$4,895$4,463$2,837
10 years$5,732$5,181$4,678$4,219$3,803$2,277
11 years$5,157$4,612$4,118$3,672$3,270$1,842
12 years$4,679$4,140$3,655$3,221$2,834$1,499
13 years$4,275$3,741$3,265$2,844$2,471$1,226
14 years$3,929$3,400$2,934$2,524$2,166$1,007
15 years$3,629$3,106$2,649$2,251$1,907$829
16 years$3,367$2,850$2,402$2,016$1,686$685
17 years$3,136$2,625$2,185$1,811$1,495$566
18 years$2,931$2,425$1,995$1,632$1,329$469
19 years$2,748$2,248$1,826$1,475$1,185$389
20 years$2,583$2,089$1,676$1,336$1,058$324
21 years$2,434$1,946$1,542$1,212$947$269
22 years$2,299$1,816$1,421$1,102$849$224
23 years$2,176$1,699$1,312$1,004$762$186
24 years$2,063$1,592$1,213$916$685$155
25 years$1,959$1,494$1,124$836$616$129
26 years$1,864$1,404$1,042$764$555$108
27 years$1,776$1,321$968$700$500$90
28 years$1,694$1,245$900$641$452$75
29 years$1,618$1,174$837$588$408$63
30 years$1,547$1,109$780$540$368$52
31 years$1,481$1,048$727$496$333$44
32 years$1,419$992$678$455$301$36
33 years$1,361$939$633$419$273$30
34 years$1,307$890$592$385$247$25
35 years$1,255$845$553$355$224$21
36 years$1,207$802$518$327$203$18
37 years$1,161$761$484$301$184$15
38 years$1,118$724$454$277$166$12
39 years$1,078$688$425$256$151$10
40 years$1,039$655$398$236$137$9
41 years$1,002$623$374$218$124$7
42 years$968$593$350$201$113$6
43 years$934$565$329$185$102$5
44 years$903$539$309$171$93$4
45 years$873$514$290$158$84$4
46 years$844$490$272$146$77$3
47 years$817$468$256$135$70$2
48 years$791$447$240$125$63$2
49 years$766$427$226$115$57$2
50 years$742$407$212$107$52$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $760,000, adding $5,051 every year, while hoping to spend $43,428 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: 50/23/27 Blend
29$760,000$760,000$760,000$760,000
30$842,730$802,450$790,670$878,212
31$882,482$795,563$770,950$896,618
32$924,832$786,883$749,115$911,870
33$970,001$776,276$725,046$927,589
34$1,018,228$763,601$698,623$943,842
35$1,069,778$748,708$669,716$960,700
36$1,124,937$731,437$638,194$978,247
37$1,184,023$711,620$603,916$996,578
38$1,247,383$689,078$566,737$1,015,801
39$1,315,397$663,624$526,503$1,036,037
40$1,388,483$635,057$483,056$1,057,425
41$1,467,099$603,166$436,230$1,080,119
42$1,551,750$567,728$385,850$1,104,294
43$1,642,988$528,505$331,735$1,130,149
44$1,741,420$485,250$273,696$1,157,904
45$1,847,714$437,696$211,534$1,187,808
46$1,962,603$385,565$145,043$1,220,140
47$2,086,893$328,563$74,006$1,255,214
48$2,221,470$266,376$0$1,293,379
49$2,367,307$198,676$0$1,335,546
50$2,525,477$125,115$0$1,404,421
51$2,697,156$45,326$0$1,479,221
52$2,883,639$0$0$1,560,564
53$3,086,353$0$0$1,659,534
54$3,306,863$0$0$1,779,742
55$3,546,895$0$0$1,910,666
56$3,808,347$0$0$2,053,350
57$4,093,306$0$0$2,208,943
58$4,404,070$0$0$2,378,711
59$4,743,170$0$0$2,564,045
60$5,113,390$0$0$2,766,479
61$5,517,794$0$0$2,987,699
62$5,959,757$0$0$3,229,564
63$6,442,993$0$0$3,494,117
64$6,971,593$0$0$3,783,613
65$7,550,059$0$0$4,100,529
66$8,183,351$0$0$4,447,597
67$8,876,929$0$0$4,827,823
68$9,636,806$0$0$5,244,520
69$10,469,606$0$0$5,701,333
70$11,382,621$0$0$6,202,281
71$12,383,884$0$0$6,751,787
72$13,482,245$0$0$7,354,723
73$14,687,446$0$0$8,016,459
74$16,010,224$0$0$8,742,905
75$17,462,402$0$0$9,540,575
76$19,057,005$0$0$10,416,643
77$20,808,381$0$0$11,379,013
78$22,732,335$0$0$12,436,389
79$24,846,279$0$0$13,598,365
80$27,169,396$0$0$14,875,507
81$29,722,819$0$0$16,279,456
82$32,529,827$0$0$17,823,036
83$35,616,072$0$0$19,520,379
84$39,009,813$0$0$21,387,052
85$42,742,183$0$0$23,440,206
86$46,847,487$0$0$25,698,740
87$51,363,517$0$0$28,183,475
88$56,331,917$0$0$30,917,351
89$61,798,567$0$0$33,925,647
90$67,814,021$0$0$37,236,213
91$74,433,979$0$0$40,879,737
92$81,719,814$0$0$44,890,030
93$89,739,153$0$0$49,304,352
94$98,566,507$0$0$54,163,754
95$108,283,981$0$0$59,513,471
96$118,982,044$0$0$65,403,347
97$130,760,382$0$0$71,888,304
98$143,728,838$0$0$79,028,863
99$158,008,450$0$0$86,891,709
100$173,732,590$0$0$95,550,325