Can I retire at age 30 with 766,000?

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 $766,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$63,256$62,692$62,142$61,606$61,082$59,150
2 years$31,315$30,731$30,166$29,618$29,087$27,158
3 years$20,669$20,083$19,520$18,977$18,454$16,589
4 years$15,347$14,763$14,205$13,672$13,161$11,374
5 years$12,155$11,575$11,024$10,501$10,005$8,301
6 years$10,028$9,452$8,909$8,398$7,917$6,296
7 years$8,509$7,937$7,403$6,904$6,438$4,902
8 years$7,370$6,804$6,279$5,792$5,341$3,888
9 years$6,485$5,924$5,408$4,933$4,498$3,126
10 years$5,777$5,222$4,715$4,253$3,833$2,540
11 years$5,198$4,649$4,151$3,701$3,296$2,080
12 years$4,716$4,172$3,684$3,246$2,856$1,715
13 years$4,309$3,771$3,291$2,866$2,491$1,421
14 years$3,960$3,427$2,957$2,544$2,183$1,182
15 years$3,658$3,131$2,670$2,269$1,922$986
16 years$3,394$2,873$2,421$2,032$1,699$826
17 years$3,161$2,646$2,203$1,825$1,507$693
18 years$2,954$2,445$2,011$1,645$1,340$582
19 years$2,769$2,266$1,841$1,486$1,194$490
20 years$2,603$2,105$1,689$1,346$1,066$413
21 years$2,453$1,961$1,554$1,222$954$349
22 years$2,317$1,831$1,432$1,111$855$295
23 years$2,193$1,712$1,322$1,012$768$249
24 years$2,079$1,604$1,223$923$690$211
25 years$1,975$1,505$1,133$843$621$178
26 years$1,879$1,415$1,050$771$559$151
27 years$1,790$1,331$975$705$504$128
28 years$1,707$1,255$907$646$455$108
29 years$1,631$1,184$844$593$411$92
30 years$1,559$1,118$786$544$371$78
31 years$1,493$1,057$733$499$336$66
32 years$1,430$1,000$684$459$304$56
33 years$1,372$947$638$422$275$47
34 years$1,317$897$596$388$249$40
35 years$1,265$851$558$358$225$34
36 years$1,217$808$522$329$204$29
37 years$1,171$767$488$303$185$25
38 years$1,127$729$457$280$168$21
39 years$1,086$693$428$258$152$18
40 years$1,047$660$402$238$138$15
41 years$1,010$628$377$219$125$13
42 years$975$598$353$202$114$11
43 years$942$570$331$187$103$9
44 years$910$543$311$173$94$8
45 years$880$518$292$159$85$7
46 years$851$494$274$147$77$6
47 years$823$472$258$136$70$5
48 years$797$450$242$126$64$4
49 years$772$430$228$116$58$3
50 years$748$411$214$107$52$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $766,000, adding $5,839 every year, while hoping to spend $45,466 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: 37/49/14 Blend
29$766,000$766,000$766,000$766,000
30$850,155$809,557$797,684$877,779
31$888,495$800,850$776,031$889,418
32$929,222$790,192$752,129$897,189
33$972,532$777,440$725,854$904,596
34$1,018,638$762,442$697,077$911,630
35$1,067,774$745,037$665,665$918,284
36$1,120,197$725,054$631,474$924,555
37$1,176,188$702,312$594,359$930,444
38$1,236,054$676,621$554,166$935,954
39$1,300,133$647,777$510,732$941,097
40$1,368,796$615,567$463,890$945,890
41$1,442,447$579,764$413,465$950,355
42$1,521,533$540,129$359,273$954,526
43$1,606,543$496,408$301,121$958,443
44$1,698,012$448,335$238,811$962,160
45$1,796,531$395,625$172,133$965,740
46$1,902,747$337,980$100,869$969,264
47$2,017,370$275,084$24,791$972,824
48$2,141,182$206,603$0$976,535
49$2,275,040$132,184$0$988,954
50$2,419,890$51,457$0$1,006,311
51$2,576,767$0$0$1,025,121
52$2,746,812$0$0$1,065,032
53$2,931,278$0$0$1,138,515
54$3,131,546$0$0$1,218,387
55$3,349,131$0$0$1,305,263
56$3,585,702$0$0$1,399,823
57$3,843,095$0$0$1,502,813
58$4,123,328$0$0$1,615,054
59$4,428,625$0$0$1,737,450
60$4,761,431$0$0$1,870,998
61$5,124,437$0$0$2,016,791
62$5,520,606$0$0$2,176,037
63$5,953,199$0$0$2,350,062
64$6,425,805$0$0$2,540,328
65$6,942,376$0$0$2,748,443
66$7,507,264$0$0$2,976,180
67$8,125,258$0$0$3,225,488
68$8,801,634$0$0$3,498,517
69$9,542,199$0$0$3,797,632
70$10,353,351$0$0$4,125,438
71$11,242,132$0$0$4,484,805
72$12,216,299$0$0$4,878,891
73$13,284,398$0$0$5,311,179
74$14,455,836$0$0$5,785,501
75$15,740,978$0$0$6,306,081
76$17,151,241$0$0$6,877,568
77$18,699,198$0$0$7,505,088
78$20,398,700$0$0$8,194,285
79$22,265,005$0$0$8,951,375
80$24,314,921$0$0$9,783,208
81$26,566,963$0$0$10,697,331
82$29,041,529$0$0$11,702,055
83$31,761,090$0$0$12,806,540
84$34,750,401$0$0$14,020,874
85$38,036,738$0$0$15,356,175
86$41,650,147$0$0$16,824,690
87$45,623,735$0$0$18,439,911
88$49,993,974$0$0$20,216,707
89$54,801,051$0$0$22,171,458
90$60,089,243$0$0$24,322,212
91$65,907,332$0$0$26,688,855
92$72,309,070$0$0$29,293,297
93$79,353,679$0$0$32,159,681
94$87,106,415$0$0$35,314,608
95$95,639,177$0$0$38,787,388
96$105,031,190$0$0$42,610,319
97$115,369,748$0$0$46,818,987
98$126,751,039$0$0$51,452,605
99$139,281,049$0$0$56,554,382
100$153,076,564$0$0$62,171,929