Can I retire at age 30 with 764,000?

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 $764,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$63,090$62,528$61,980$61,445$60,922$59,864
2 years$31,233$30,651$30,087$29,541$29,011$27,948
3 years$20,615$20,031$19,469$18,927$18,406$17,371
4 years$15,307$14,725$14,168$13,636$13,127$12,129
5 years$12,123$11,544$10,995$10,474$9,979$9,021
6 years$10,001$9,427$8,886$8,376$7,896$6,978
7 years$8,486$7,917$7,384$6,886$6,422$5,545
8 years$7,351$6,786$6,262$5,777$5,327$4,491
9 years$6,468$5,908$5,394$4,920$4,486$3,690
10 years$5,762$5,208$4,702$4,242$3,823$3,066
11 years$5,185$4,636$4,140$3,691$3,288$2,569
12 years$4,704$4,161$3,674$3,238$2,849$2,168
13 years$4,298$3,761$3,282$2,859$2,484$1,840
14 years$3,950$3,418$2,949$2,537$2,178$1,569
15 years$3,648$3,123$2,663$2,263$1,917$1,343
16 years$3,385$2,865$2,414$2,026$1,695$1,154
17 years$3,153$2,639$2,197$1,821$1,503$993
18 years$2,946$2,438$2,005$1,641$1,336$857
19 years$2,762$2,260$1,836$1,483$1,191$742
20 years$2,597$2,100$1,685$1,343$1,064$642
21 years$2,447$1,956$1,550$1,219$952$557
22 years$2,311$1,826$1,428$1,108$853$484
23 years$2,187$1,708$1,319$1,009$766$421
24 years$2,074$1,600$1,220$920$688$366
25 years$1,970$1,501$1,130$840$619$319
26 years$1,874$1,411$1,048$769$558$278
27 years$1,785$1,328$973$703$503$242
28 years$1,703$1,251$904$644$454$212
29 years$1,626$1,181$842$591$410$185
30 years$1,555$1,115$784$542$370$161
31 years$1,489$1,054$731$498$335$141
32 years$1,427$997$682$458$303$123
33 years$1,368$944$637$421$274$108
34 years$1,313$895$595$387$248$94
35 years$1,262$849$556$357$225$82
36 years$1,213$806$520$328$204$72
37 years$1,168$765$487$303$185$63
38 years$1,124$727$456$279$167$55
39 years$1,083$692$427$257$152$48
40 years$1,045$658$400$237$138$42
41 years$1,008$626$376$219$125$37
42 years$973$597$352$202$113$32
43 years$939$568$331$186$103$28
44 years$908$542$310$172$93$25
45 years$878$517$291$159$85$22
46 years$849$493$274$147$77$19
47 years$821$470$257$136$70$17
48 years$795$449$242$125$63$15
49 years$770$429$227$116$58$13
50 years$746$410$213$107$52$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $764,000, adding $3,728 every year, while hoping to spend $27,854 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: 72/13/15 Blend
29$764,000$764,000$764,000$764,000
30$845,773$805,281$793,439$903,563
31$902,406$815,104$790,383$952,204
32$963,881$824,474$786,291$1,001,704
33$1,030,664$833,340$781,099$1,055,178
34$1,103,266$841,648$774,739$1,113,014
35$1,182,248$849,338$767,142$1,175,640
36$1,268,230$856,347$758,234$1,243,525
37$1,361,891$862,611$747,937$1,317,191
38$1,463,982$868,056$736,171$1,397,207
39$1,575,326$872,609$722,850$1,484,206
40$1,696,831$876,188$707,887$1,578,883
41$1,829,495$878,709$691,189$1,682,004
42$1,974,417$880,079$672,658$1,794,413
43$2,132,809$880,205$652,193$1,917,043
44$2,306,002$878,981$629,688$2,050,921
45$2,495,464$876,301$605,032$2,197,178
46$2,702,810$872,048$578,109$2,357,063
47$2,929,818$866,100$548,798$2,531,952
48$3,178,448$858,328$516,971$2,723,361
49$3,450,857$848,593$482,496$2,932,963
50$3,749,420$836,749$445,235$3,162,602
51$4,076,753$822,642$405,043$3,414,309
52$4,435,738$806,108$361,769$3,690,327
53$4,829,550$786,974$315,254$3,993,124
54$5,261,683$765,055$265,334$4,325,424
55$5,735,988$740,156$211,837$4,690,230
56$6,256,708$712,073$154,582$5,090,851
57$6,828,514$680,586$93,382$5,530,935
58$7,456,553$645,465$28,041$6,014,505
59$8,146,495$606,467$0$6,545,995
60$8,904,587$563,333$0$7,136,964
61$9,737,710$515,791$0$7,791,352
62$10,653,443$463,552$0$8,510,642
63$11,660,140$406,312$0$9,301,419
64$12,767,002$343,749$0$10,170,938
65$13,984,165$275,522$0$11,127,198
66$15,322,800$201,272$0$12,179,010
67$16,795,211$120,620$0$13,336,088
68$18,414,957$33,164$0$14,609,132
69$20,196,975$0$0$16,009,939
70$22,157,726$0$0$17,560,307
71$24,315,345$0$0$19,271,601
72$26,689,813$0$0$21,154,932
73$29,303,146$0$0$23,227,768
74$32,179,606$0$0$25,509,357
75$35,345,922$0$0$28,020,907
76$38,831,548$0$0$30,785,787
77$42,668,939$0$0$33,829,748
78$46,893,856$0$0$37,181,163
79$51,545,703$0$0$40,871,296
80$56,667,903$0$0$44,934,600
81$62,308,300$0$0$49,409,035
82$68,519,615$0$0$54,336,432
83$75,359,945$0$0$59,762,885
84$82,893,306$0$0$65,739,188
85$91,190,238$0$0$72,321,308
86$100,328,475$0$0$79,570,921
87$110,393,672$0$0$87,555,989
88$121,480,217$0$0$96,351,403
89$133,692,122$0$0$106,039,687
90$147,143,999$0$0$116,711,779
91$161,962,150$0$0$128,467,891
92$178,285,750$0$0$141,418,449
93$196,268,167$0$0$155,685,138
94$216,078,403$0$0$171,402,053
95$237,902,697$0$0$188,716,960
96$261,946,274$0$0$207,792,693
97$288,435,288$0$0$228,808,688
98$317,618,951$0$0$251,962,680
99$349,771,890$0$0$277,472,568
100$385,196,738$0$0$305,578,470