Can I retire at age 30 with 764,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%13.8%
1 years$63,090$62,528$61,980$61,445$60,922$59,963
2 years$31,233$30,651$30,087$29,541$29,011$28,046
3 years$20,615$20,031$19,469$18,927$18,406$17,466
4 years$15,307$14,725$14,168$13,636$13,127$12,220
5 years$12,123$11,544$10,995$10,474$9,979$9,107
6 years$10,001$9,427$8,886$8,376$7,896$7,061
7 years$8,486$7,917$7,384$6,886$6,422$5,623
8 years$7,351$6,786$6,262$5,777$5,327$4,565
9 years$6,468$5,908$5,394$4,920$4,486$3,760
10 years$5,762$5,208$4,702$4,242$3,823$3,131
11 years$5,185$4,636$4,140$3,691$3,288$2,631
12 years$4,704$4,161$3,674$3,238$2,849$2,226
13 years$4,298$3,761$3,282$2,859$2,484$1,894
14 years$3,950$3,418$2,949$2,537$2,178$1,620
15 years$3,648$3,123$2,663$2,263$1,917$1,390
16 years$3,385$2,865$2,414$2,026$1,695$1,197
17 years$3,153$2,639$2,197$1,821$1,503$1,034
18 years$2,946$2,438$2,005$1,641$1,336$895
19 years$2,762$2,260$1,836$1,483$1,191$776
20 years$2,597$2,100$1,685$1,343$1,064$674
21 years$2,447$1,956$1,550$1,219$952$587
22 years$2,311$1,826$1,428$1,108$853$511
23 years$2,187$1,708$1,319$1,009$766$446
24 years$2,074$1,600$1,220$920$688$389
25 years$1,970$1,501$1,130$840$619$340
26 years$1,874$1,411$1,048$769$558$297
27 years$1,785$1,328$973$703$503$260
28 years$1,703$1,251$904$644$454$228
29 years$1,626$1,181$842$591$410$200
30 years$1,555$1,115$784$542$370$175
31 years$1,489$1,054$731$498$335$153
32 years$1,427$997$682$458$303$134
33 years$1,368$944$637$421$274$118
34 years$1,313$895$595$387$248$103
35 years$1,262$849$556$357$225$91
36 years$1,213$806$520$328$204$80
37 years$1,168$765$487$303$185$70
38 years$1,124$727$456$279$167$61
39 years$1,083$692$427$257$152$54
40 years$1,045$658$400$237$138$47
41 years$1,008$626$376$219$125$42
42 years$973$597$352$202$113$36
43 years$939$568$331$186$103$32
44 years$908$542$310$172$93$28
45 years$878$517$291$159$85$25
46 years$849$493$274$147$77$22
47 years$821$470$257$136$70$19
48 years$795$449$242$125$63$17
49 years$770$429$227$116$58$15
50 years$746$410$213$107$52$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $764,000, adding $3,642 every year, while hoping to spend $50,182 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: 69/23/8 Blend
29$764,000$764,000$764,000$764,000
30$845,685$805,193$793,351$902,588
31$878,551$791,254$766,535$926,818
32$913,088$774,950$737,138$946,857
33$949,413$756,113$705,023$967,424
34$987,654$734,563$670,041$988,561
35$1,027,949$710,111$632,042$1,010,315
36$1,070,451$682,557$590,866$1,032,741
37$1,115,323$651,689$546,347$1,055,898
38$1,162,747$617,282$498,310$1,079,856
39$1,212,918$579,100$446,575$1,104,691
40$1,266,051$536,891$390,950$1,130,492
41$1,322,380$490,391$331,239$1,157,355
42$1,382,162$439,319$267,234$1,185,391
43$1,445,675$383,378$198,719$1,214,723
44$1,513,227$322,257$125,469$1,245,491
45$1,585,152$255,623$47,248$1,277,849
46$1,661,816$183,128$0$1,311,973
47$1,743,623$104,402$0$1,351,150
48$1,831,011$19,056$0$1,397,011
49$1,924,463$0$0$1,445,787
50$2,024,508$0$0$1,516,332
51$2,131,726$0$0$1,597,132
52$2,246,752$0$0$1,683,846
53$2,370,285$0$0$1,777,005
54$2,503,092$0$0$1,877,191
55$2,646,012$0$0$1,985,042
56$2,799,969$0$0$2,101,260
57$2,965,978$0$0$2,226,615
58$3,145,153$0$0$2,361,953
59$3,338,719$0$0$2,508,206
60$3,548,019$0$0$2,666,393
61$3,774,535$0$0$2,837,640
62$4,019,890$0$0$3,023,182
63$4,285,872$0$0$3,224,375
64$4,574,448$0$0$3,442,715
65$4,887,777$0$0$3,679,843
66$5,228,239$0$0$3,937,566
67$5,598,447$0$0$4,217,872
68$6,001,280$0$0$4,522,948
69$6,439,904$0$0$4,855,198
70$6,917,802$0$0$5,217,273
71$7,438,807$0$0$5,612,084
72$8,007,140$0$0$6,042,839
73$8,627,444$0$0$6,513,069
74$9,304,833$0$0$7,026,659
75$10,044,932$0$0$7,587,886
76$10,853,938$0$0$8,201,461
77$11,738,673$0$0$8,872,568
78$12,706,645$0$0$9,606,917
79$13,766,126$0$0$10,410,794
80$14,926,221$0$0$11,291,121
81$16,196,958$0$0$12,255,522
82$17,589,380$0$0$13,312,392
83$19,115,650$0$0$14,470,977
84$20,789,163$0$0$15,741,460
85$22,624,670$0$0$17,135,058
86$24,638,423$0$0$18,664,124
87$26,848,318$0$0$20,342,265
88$29,274,071$0$0$22,184,471
89$31,937,398$0$0$24,207,251
90$34,862,222$0$0$26,428,793
91$38,074,895$0$0$28,869,133
92$41,604,448$0$0$31,550,344
93$45,482,861$0$0$34,496,739
94$49,745,367$0$0$37,735,107
95$54,430,782$0$0$41,294,958
96$59,581,867$0$0$45,208,807
97$65,245,736$0$0$49,512,475
98$71,474,296$0$0$54,245,426
99$78,324,733$0$0$59,451,142
100$85,860,057$0$0$65,177,531