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%15.9%
1 years$63,008$62,447$61,899$61,365$60,843$59,372
2 years$31,192$30,611$30,048$29,502$28,973$27,500
3 years$20,588$20,005$19,443$18,902$18,381$16,952
4 years$15,287$14,706$14,150$13,618$13,110$11,736
5 years$12,107$11,529$10,981$10,460$9,966$8,650
6 years$9,988$9,415$8,874$8,365$7,886$6,630
7 years$8,475$7,906$7,374$6,877$6,413$5,218
8 years$7,341$6,777$6,254$5,769$5,320$4,185
9 years$6,459$5,901$5,387$4,914$4,480$3,404
10 years$5,754$5,201$4,696$4,236$3,818$2,798
11 years$5,178$4,630$4,134$3,687$3,283$2,320
12 years$4,698$4,156$3,669$3,234$2,845$1,936
13 years$4,292$3,756$3,278$2,855$2,481$1,625
14 years$3,944$3,414$2,945$2,534$2,175$1,370
15 years$3,643$3,119$2,659$2,260$1,915$1,159
16 years$3,380$2,861$2,411$2,024$1,692$983
17 years$3,148$2,635$2,194$1,818$1,501$836
18 years$2,943$2,435$2,003$1,639$1,334$713
19 years$2,759$2,257$1,834$1,481$1,189$609
20 years$2,593$2,097$1,683$1,341$1,062$521
21 years$2,444$1,953$1,548$1,217$951$446
22 years$2,308$1,823$1,426$1,107$852$382
23 years$2,184$1,705$1,317$1,008$765$328
24 years$2,071$1,598$1,218$919$688$282
25 years$1,967$1,499$1,128$839$619$242
26 years$1,871$1,409$1,046$767$557$208
27 years$1,783$1,326$972$703$502$179
28 years$1,701$1,250$903$644$453$154
29 years$1,624$1,179$841$590$409$133
30 years$1,553$1,113$783$542$370$114
31 years$1,487$1,053$730$497$334$98
32 years$1,425$996$681$457$302$85
33 years$1,366$943$636$420$274$73
34 years$1,312$894$594$387$248$63
35 years$1,260$848$555$356$224$54
36 years$1,212$805$520$328$203$47
37 years$1,166$764$486$302$184$40
38 years$1,123$726$455$279$167$35
39 years$1,082$691$427$257$152$30
40 years$1,043$657$400$237$137$26
41 years$1,006$626$375$219$125$22
42 years$971$596$352$202$113$19
43 years$938$568$330$186$103$17
44 years$907$541$310$172$93$14
45 years$876$516$291$159$85$12
46 years$848$492$273$147$77$11
47 years$820$470$257$135$70$9
48 years$794$448$241$125$63$8
49 years$769$428$227$116$58$7
50 years$745$409$213$107$52$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $763,000, adding $3,792 every year, while hoping to spend $52,875 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: 25/48/27 Blend
29$763,000$763,000$763,000$763,000
30$844,737$804,298$792,472$858,614
31$874,642$787,450$762,761$853,572
32$905,825$768,005$730,283$843,412
33$938,360$745,778$694,889$831,413
34$972,329$720,577$656,423$817,458
35$1,007,817$692,196$614,724$801,422
36$1,044,919$660,419$569,622$783,174
37$1,083,736$625,014$520,940$762,577
38$1,124,378$585,741$468,492$739,487
39$1,166,963$542,341$412,085$713,754
40$1,211,621$494,543$351,517$685,221
41$1,258,491$442,060$286,578$653,723
42$1,307,725$384,590$217,047$619,087
43$1,359,489$321,810$142,693$581,134
44$1,413,961$253,383$63,278$539,676
45$1,471,338$178,951$0$494,517
46$1,531,831$98,137$0$451,637
47$1,595,672$10,540$0$424,495
48$1,663,115$0$0$394,699
49$1,734,434$0$0$406,605
50$1,809,931$0$0$425,160
51$1,889,934$0$0$444,887
52$1,974,802$0$0$465,880
53$2,064,927$0$0$488,247
54$2,160,739$0$0$512,104
55$2,262,708$0$0$537,576
56$2,371,347$0$0$564,803
57$2,487,219$0$0$593,938
58$2,610,941$0$0$625,148
59$2,743,188$0$0$658,615
60$2,884,701$0$0$694,543
61$3,036,293$0$0$733,150
62$3,198,853$0$0$774,680
63$3,373,359$0$0$819,399
64$3,560,885$0$0$867,598
65$3,762,606$0$0$919,599
66$3,979,816$0$0$975,755
67$4,213,934$0$0$1,036,453
68$4,466,520$0$0$1,102,119
69$4,739,287$0$0$1,173,222
70$5,034,117$0$0$1,250,275
71$5,353,080$0$0$1,333,846
72$5,698,450$0$0$1,424,556
73$6,072,727$0$0$1,523,090
74$6,478,660$0$0$1,630,202
75$6,919,275$0$0$1,746,719
76$7,397,895$0$0$1,873,553
77$7,918,180$0$0$2,011,708
78$8,484,153$0$0$2,162,286
79$9,100,243$0$0$2,326,503
80$9,771,321$0$0$2,505,696
81$10,502,748$0$0$2,701,336
82$11,300,426$0$0$2,915,043
83$12,170,849$0$0$3,148,600
84$13,121,165$0$0$3,403,971
85$14,159,243$0$0$3,683,318
86$15,293,746$0$0$3,989,021
87$16,534,212$0$0$4,323,700
88$17,891,141$0$0$4,690,243
89$19,376,096$0$0$5,091,827
90$21,001,808$0$0$5,531,952
91$22,782,297$0$0$6,014,475
92$24,733,003$0$0$6,543,640
93$26,870,929$0$0$7,124,124
94$29,214,800$0$0$7,761,077
95$31,785,242$0$0$8,460,175
96$34,604,970$0$0$9,227,665
97$37,699,007$0$0$10,070,433
98$41,094,911$0$0$10,996,062
99$44,823,042$0$0$12,012,906
100$48,916,841$0$0$13,130,169