Can I retire at age 30 with 763,000?

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 $763,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$63,008$62,447$61,899$61,365$60,843$59,835
2 years$31,192$30,611$30,048$29,502$28,973$27,960
3 years$20,588$20,005$19,443$18,902$18,381$17,396
4 years$15,287$14,706$14,150$13,618$13,110$12,159
5 years$12,107$11,529$10,981$10,460$9,966$9,052
6 years$9,988$9,415$8,874$8,365$7,886$7,010
7 years$8,475$7,906$7,374$6,877$6,413$5,576
8 years$7,341$6,777$6,254$5,769$5,320$4,522
9 years$6,459$5,901$5,387$4,914$4,480$3,720
10 years$5,754$5,201$4,696$4,236$3,818$3,094
11 years$5,178$4,630$4,134$3,687$3,283$2,596
12 years$4,698$4,156$3,669$3,234$2,845$2,194
13 years$4,292$3,756$3,278$2,855$2,481$1,865
14 years$3,944$3,414$2,945$2,534$2,175$1,592
15 years$3,643$3,119$2,659$2,260$1,915$1,365
16 years$3,380$2,861$2,411$2,024$1,692$1,174
17 years$3,148$2,635$2,194$1,818$1,501$1,012
18 years$2,943$2,435$2,003$1,639$1,334$875
19 years$2,759$2,257$1,834$1,481$1,189$758
20 years$2,593$2,097$1,683$1,341$1,062$657
21 years$2,444$1,953$1,548$1,217$951$571
22 years$2,308$1,823$1,426$1,107$852$497
23 years$2,184$1,705$1,317$1,008$765$433
24 years$2,071$1,598$1,218$919$688$377
25 years$1,967$1,499$1,128$839$619$329
26 years$1,871$1,409$1,046$767$557$287
27 years$1,783$1,326$972$703$502$251
28 years$1,701$1,250$903$644$453$219
29 years$1,624$1,179$841$590$409$192
30 years$1,553$1,113$783$542$370$168
31 years$1,487$1,053$730$497$334$147
32 years$1,425$996$681$457$302$128
33 years$1,366$943$636$420$274$112
34 years$1,312$894$594$387$248$98
35 years$1,260$848$555$356$224$86
36 years$1,212$805$520$328$203$76
37 years$1,166$764$486$302$184$66
38 years$1,123$726$455$279$167$58
39 years$1,082$691$427$257$152$51
40 years$1,043$657$400$237$137$45
41 years$1,006$626$375$219$125$39
42 years$971$596$352$202$113$34
43 years$938$568$330$186$103$30
44 years$907$541$310$172$93$26
45 years$876$516$291$159$85$23
46 years$848$492$273$147$77$20
47 years$820$470$257$135$70$18
48 years$794$448$241$125$63$16
49 years$769$428$227$116$58$14
50 years$745$409$213$107$52$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $763,000, adding $3,242 every year, while hoping to spend $54,508 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: 48/25/27 Blend
29$763,000$763,000$763,000$763,000
30$844,170$803,731$791,905$878,053
31$872,279$785,118$760,437$883,569
32$901,429$763,766$726,089$883,932
33$931,667$739,483$688,706$883,259
34$963,046$712,066$648,126$881,480
35$995,621$681,301$604,182$878,521
36$1,029,450$646,961$556,698$874,305
37$1,064,596$608,804$505,490$868,750
38$1,101,126$566,577$450,365$861,771
39$1,139,113$520,012$391,125$853,282
40$1,178,634$468,823$327,558$843,189
41$1,219,770$412,711$259,447$831,396
42$1,262,611$351,358$186,562$817,805
43$1,307,252$284,429$108,667$802,310
44$1,353,796$211,571$25,512$784,805
45$1,402,353$132,408$0$765,177
46$1,453,043$46,546$0$761,526
47$1,505,994$0$0$764,544
48$1,561,346$0$0$779,605
49$1,619,248$0$0$808,775
50$1,679,864$0$0$839,335
51$1,743,369$0$0$871,375
52$1,809,955$0$0$904,996
53$1,879,828$0$0$940,306
54$1,953,214$0$0$977,422
55$2,030,358$0$0$1,016,471
56$2,111,524$0$0$1,057,594
57$2,197,003$0$0$1,100,940
58$2,287,108$0$0$1,146,675
59$2,382,184$0$0$1,194,978
60$2,482,604$0$0$1,246,045
61$2,588,776$0$0$1,300,091
62$2,701,145$0$0$1,357,348
63$2,820,198$0$0$1,418,071
64$2,946,466$0$0$1,482,540
65$3,080,529$0$0$1,551,060
66$3,223,023$0$0$1,623,963
67$3,374,642$0$0$1,701,615
68$3,536,146$0$0$1,784,416
69$3,708,368$0$0$1,872,804
70$3,892,221$0$0$1,967,258
71$4,088,703$0$0$2,068,305
72$4,298,909$0$0$2,176,520
73$4,524,041$0$0$2,292,537
74$4,765,415$0$0$2,417,049
75$5,024,478$0$0$2,550,817
76$5,302,814$0$0$2,694,677
77$5,602,164$0$0$2,849,547
78$5,924,440$0$0$3,016,434
79$6,271,739$0$0$3,196,445
80$6,646,368$0$0$3,390,795
81$7,050,858$0$0$3,600,821
82$7,487,994$0$0$3,827,991
83$7,960,832$0$0$4,073,919
84$8,472,736$0$0$4,340,378
85$9,027,400$0$0$4,629,321
86$9,628,889$0$0$4,942,892
87$10,281,672$0$0$5,283,450
88$10,990,664$0$0$5,653,591
89$11,761,272$0$0$6,056,171
90$12,599,442$0$0$6,494,330
91$13,511,719$0$0$6,971,524
92$14,505,303$0$0$7,491,558
93$15,588,118$0$0$8,058,617
94$16,768,883$0$0$8,677,308
95$18,057,195$0$0$9,352,701
96$19,463,618$0$0$10,090,380
97$20,999,781$0$0$10,896,488
98$22,678,486$0$0$11,777,792
99$24,513,825$0$0$12,741,739
100$26,521,316$0$0$13,796,531