Can I retire at age 30 with 765,000?

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 $765,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$63,173$62,610$62,061$61,525$61,002$59,844
2 years$31,274$30,691$30,127$29,580$29,049$27,886
3 years$20,642$20,057$19,494$18,952$18,430$17,299
4 years$15,327$14,744$14,187$13,654$13,144$12,055
5 years$12,139$11,560$11,009$10,487$9,992$8,946
6 years$10,015$9,439$8,897$8,387$7,906$6,906
7 years$8,498$7,927$7,394$6,895$6,430$5,475
8 years$7,360$6,795$6,270$5,784$5,334$4,424
9 years$6,476$5,916$5,401$4,927$4,492$3,626
10 years$5,769$5,215$4,708$4,247$3,828$3,006
11 years$5,191$4,642$4,145$3,696$3,292$2,513
12 years$4,710$4,167$3,679$3,242$2,853$2,115
13 years$4,303$3,766$3,287$2,862$2,488$1,790
14 years$3,955$3,423$2,953$2,541$2,181$1,522
15 years$3,653$3,127$2,666$2,266$1,920$1,300
16 years$3,389$2,869$2,417$2,029$1,697$1,113
17 years$3,157$2,642$2,200$1,823$1,505$956
18 years$2,950$2,441$2,008$1,643$1,338$822
19 years$2,766$2,263$1,838$1,484$1,192$709
20 years$2,600$2,103$1,687$1,344$1,065$612
21 years$2,450$1,958$1,552$1,220$953$530
22 years$2,314$1,828$1,430$1,109$854$459
23 years$2,190$1,710$1,321$1,010$767$398
24 years$2,077$1,602$1,221$922$689$345
25 years$1,972$1,503$1,131$842$620$299
26 years$1,876$1,413$1,049$770$559$260
27 years$1,787$1,330$974$704$504$226
28 years$1,705$1,253$906$645$455$197
29 years$1,628$1,182$843$592$410$171
30 years$1,557$1,116$785$543$371$149
31 years$1,491$1,055$732$499$335$130
32 years$1,428$999$683$458$303$113
33 years$1,370$946$638$422$274$98
34 years$1,315$896$596$388$249$86
35 years$1,264$850$557$357$225$75
36 years$1,215$807$521$329$204$65
37 years$1,169$766$488$303$185$57
38 years$1,126$728$457$279$168$50
39 years$1,085$693$428$257$152$43
40 years$1,046$659$401$237$138$38
41 years$1,009$627$376$219$125$33
42 years$974$597$353$202$113$29
43 years$941$569$331$187$103$25
44 years$909$542$311$172$93$22
45 years$879$517$292$159$85$19
46 years$850$493$274$147$77$17
47 years$822$471$257$136$70$14
48 years$796$450$242$126$64$13
49 years$771$429$227$116$58$11
50 years$747$410$214$107$52$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $765,000, adding $5,351 every year, while hoping to spend $33,447 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: 65/16/19 Blend
29$765,000$765,000$765,000$765,000
30$848,550$808,005$796,147$899,323
31$899,514$812,009$787,231$938,059
32$954,556$815,090$776,895$976,063
33$1,014,056$817,164$765,056$1,016,800
34$1,078,433$818,148$751,628$1,060,537
35$1,148,145$817,949$736,520$1,107,571
36$1,223,699$816,472$719,636$1,158,229
37$1,305,651$813,614$700,878$1,212,873
38$1,394,611$809,265$680,142$1,271,903
39$1,491,253$803,310$657,317$1,335,758
40$1,596,315$795,626$632,292$1,404,926
41$1,710,611$786,084$604,946$1,479,944
42$1,835,038$774,546$575,156$1,561,408
43$1,970,579$760,866$542,791$1,649,971
44$2,118,318$744,889$507,715$1,746,359
45$2,279,450$726,452$469,786$1,851,370
46$2,455,286$705,381$428,857$1,965,887
47$2,647,273$681,492$384,771$2,090,884
48$2,857,001$654,591$337,367$2,227,437
49$3,086,222$624,473$286,476$2,376,733
50$3,336,864$590,920$231,920$2,540,081
51$3,611,051$553,702$173,517$2,718,929
52$3,911,121$512,576$111,072$2,914,873
53$4,239,648$467,285$44,386$3,129,673
54$4,599,467$417,557$0$3,365,274
55$4,993,700$363,104$0$3,629,251
56$5,425,784$303,623$0$3,928,497
57$5,899,507$238,794$0$4,256,662
58$6,419,040$168,277$0$4,616,676
59$6,988,974$91,715$0$5,011,770
60$7,614,371$8,730$0$5,445,504
61$8,300,802$0$0$5,921,802
62$9,054,407$0$0$6,459,266
63$9,881,948$0$0$7,051,201
64$10,790,873$0$0$7,701,407
65$11,789,389$0$0$8,415,759
66$12,886,537$0$0$9,200,733
67$14,092,274$0$0$10,063,461
68$15,417,573$0$0$11,011,801
69$16,874,520$0$0$12,054,410
70$18,476,433$0$0$13,200,827
71$20,237,984$0$0$14,461,560
72$22,175,338$0$0$15,848,187
73$24,306,303$0$0$17,373,463
74$26,650,502$0$0$19,051,443
75$29,229,557$0$0$20,897,613
76$32,067,287$0$0$22,929,034
77$35,189,939$0$0$25,164,506
78$38,626,433$0$0$27,624,742
79$42,408,634$0$0$30,332,566
80$46,571,652$0$0$33,313,127
81$51,154,174$0$0$36,594,134
82$56,198,828$0$0$40,206,120
83$61,752,584$0$0$44,182,729
84$67,867,201$0$0$48,561,033
85$74,599,708$0$0$53,381,882
86$82,012,947$0$0$58,690,288
87$90,176,164$0$0$64,535,850
88$99,165,664$0$0$70,973,222
89$109,065,525$0$0$78,062,630
90$119,968,399$0$0$85,870,437
91$131,976,380$0$0$94,469,771
92$145,201,967$0$0$103,941,214
93$159,769,129$0$0$114,373,564
94$175,814,475$0$0$125,864,669
95$193,488,535$0$0$138,522,355
96$212,957,191$0$0$152,465,438
97$234,403,233$0$0$167,824,851
98$258,028,091$0$0$184,744,873
99$284,053,729$0$0$203,384,498
100$312,724,747$0$0$223,918,927