Can I retire at age 30 with 761,000?

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 $761,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$62,843$62,283$61,737$61,204$60,683$60,150
2 years$31,110$30,531$29,969$29,425$28,897$28,359
3 years$20,534$19,952$19,392$18,853$18,333$17,808
4 years$15,247$14,667$14,112$13,582$13,075$12,567
5 years$12,076$11,499$10,952$10,433$9,940$9,449
6 years$9,962$9,390$8,851$8,343$7,865$7,393
7 years$8,453$7,886$7,355$6,859$6,396$5,944
8 years$7,322$6,759$6,238$5,754$5,306$4,873
9 years$6,442$5,885$5,372$4,901$4,469$4,054
10 years$5,739$5,188$4,684$4,225$3,808$3,411
11 years$5,164$4,618$4,124$3,677$3,275$2,896
12 years$4,686$4,145$3,660$3,225$2,838$2,477
13 years$4,281$3,746$3,270$2,847$2,475$2,132
14 years$3,934$3,405$2,938$2,528$2,169$1,843
15 years$3,634$3,110$2,652$2,254$1,910$1,601
16 years$3,372$2,854$2,405$2,018$1,688$1,395
17 years$3,140$2,628$2,188$1,813$1,497$1,219
18 years$2,935$2,429$1,998$1,634$1,331$1,068
19 years$2,751$2,251$1,829$1,477$1,186$938
20 years$2,586$2,092$1,678$1,337$1,060$825
21 years$2,437$1,948$1,544$1,214$948$727
22 years$2,302$1,819$1,423$1,104$850$642
23 years$2,179$1,701$1,314$1,005$763$567
24 years$2,066$1,594$1,215$917$686$502
25 years$1,962$1,496$1,125$837$617$444
26 years$1,866$1,406$1,044$765$556$394
27 years$1,778$1,323$969$701$501$349
28 years$1,696$1,246$901$642$452$310
29 years$1,620$1,176$838$589$408$275
30 years$1,549$1,111$781$540$369$244
31 years$1,483$1,050$728$496$334$217
32 years$1,421$993$679$456$302$193
33 years$1,363$941$634$419$273$172
34 years$1,308$892$593$386$247$153
35 years$1,257$846$554$355$224$136
36 years$1,209$803$518$327$203$121
37 years$1,163$762$485$301$184$108
38 years$1,120$724$454$278$167$96
39 years$1,079$689$426$256$151$86
40 years$1,040$655$399$236$137$76
41 years$1,004$624$374$218$124$68
42 years$969$594$351$201$113$61
43 years$936$566$329$186$102$54
44 years$904$540$309$171$93$48
45 years$874$515$290$158$84$43
46 years$845$491$273$146$77$38
47 years$818$468$256$135$70$34
48 years$792$447$241$125$63$30
49 years$767$427$226$115$57$27
50 years$743$408$213$107$52$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $761,000, adding $5,534 every year, while hoping to spend $49,458 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: 44/35/21 Blend
29$761,000$761,000$761,000$761,000
30$844,330$803,997$792,202$876,128
31$877,829$790,770$766,118$885,882
32$913,087$775,237$737,502$891,179
33$950,232$757,234$706,218$895,908
34$989,401$736,584$672,122$900,040
35$1,030,747$713,103$635,065$903,550
36$1,074,433$686,596$594,890$906,411
37$1,120,640$656,853$551,433$908,597
38$1,169,563$623,657$504,524$910,088
39$1,221,416$586,774$453,984$910,863
40$1,276,434$545,960$399,626$910,904
41$1,334,873$500,954$341,256$910,199
42$1,397,013$451,483$278,670$908,739
43$1,463,158$397,257$211,656$906,519
44$1,533,646$337,968$139,992$903,541
45$1,608,843$273,293$63,447$899,816
46$1,689,151$202,890$0$895,359
47$1,775,010$126,398$0$894,285
48$1,866,905$43,435$0$907,980
49$1,965,365$0$0$922,322
50$2,070,970$0$0$955,307
51$2,184,360$0$0$1,008,748
52$2,306,232$0$0$1,066,254
53$2,437,357$0$0$1,128,196
54$2,578,576$0$0$1,194,981
55$2,730,817$0$0$1,267,057
56$2,895,098$0$0$1,344,916
57$3,072,535$0$0$1,429,098
58$3,264,359$0$0$1,520,197
59$3,471,919$0$0$1,618,865
60$3,696,700$0$0$1,725,822
61$3,940,333$0$0$1,841,857
62$4,204,615$0$0$1,967,836
63$4,491,517$0$0$2,104,716
64$4,803,212$0$0$2,253,547
65$5,142,087$0$0$2,415,485
66$5,510,769$0$0$2,591,800
67$5,912,148$0$0$2,783,893
68$6,349,406$0$0$2,993,302
69$6,826,041$0$0$3,221,723
70$7,345,907$0$0$3,471,021
71$7,913,243$0$0$3,743,249
72$8,532,715$0$0$4,040,666
73$9,209,463$0$0$4,365,762
74$9,949,140$0$0$4,721,276
75$10,757,974$0$0$5,110,223
76$11,642,821$0$0$5,535,925
77$12,611,229$0$0$6,002,039
78$13,671,512$0$0$6,512,593
79$14,832,822$0$0$7,072,021
80$16,105,241$0$0$7,685,208
81$17,499,870$0$0$8,357,533
82$19,028,936$0$0$9,094,920
83$20,705,905$0$0$9,903,896
84$22,545,609$0$0$10,791,649
85$24,564,386$0$0$11,766,095
86$26,780,230$0$0$12,835,956
87$29,212,965$0$0$14,010,839
88$31,884,424$0$0$15,301,327
89$34,818,662$0$0$16,719,079
90$38,042,177$0$0$18,276,937
91$41,584,158$0$0$19,989,050
92$45,476,764$0$0$21,871,008
93$49,755,423$0$0$23,939,981
94$54,459,166$0$0$26,214,891
95$59,630,994$0$0$28,716,582
96$65,318,285$0$0$31,468,021
97$71,573,234$0$0$34,494,510
98$78,453,352$0$0$37,823,929
99$86,022,000$0$0$41,486,995
100$94,348,992$0$0$45,517,551