Can I retire at age 30 with 766,000?

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 $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%12.9%
1 years$63,256$62,692$62,142$61,606$61,082$60,344
2 years$31,315$30,731$30,166$29,618$29,087$28,344
3 years$20,669$20,083$19,520$18,977$18,454$17,729
4 years$15,347$14,763$14,205$13,672$13,161$12,461
5 years$12,155$11,575$11,024$10,501$10,005$9,330
6 years$10,028$9,452$8,909$8,398$7,917$7,269
7 years$8,509$7,937$7,403$6,904$6,438$5,818
8 years$7,370$6,804$6,279$5,792$5,341$4,747
9 years$6,485$5,924$5,408$4,933$4,498$3,931
10 years$5,777$5,222$4,715$4,253$3,833$3,292
11 years$5,198$4,649$4,151$3,701$3,296$2,781
12 years$4,716$4,172$3,684$3,246$2,856$2,367
13 years$4,309$3,771$3,291$2,866$2,491$2,026
14 years$3,960$3,427$2,957$2,544$2,183$1,743
15 years$3,658$3,131$2,670$2,269$1,922$1,505
16 years$3,394$2,873$2,421$2,032$1,699$1,304
17 years$3,161$2,646$2,203$1,825$1,507$1,134
18 years$2,954$2,445$2,011$1,645$1,340$988
19 years$2,769$2,266$1,841$1,486$1,194$862
20 years$2,603$2,105$1,689$1,346$1,066$754
21 years$2,453$1,961$1,554$1,222$954$661
22 years$2,317$1,831$1,432$1,111$855$580
23 years$2,193$1,712$1,322$1,012$768$509
24 years$2,079$1,604$1,223$923$690$448
25 years$1,975$1,505$1,133$843$621$394
26 years$1,879$1,415$1,050$771$559$347
27 years$1,790$1,331$975$705$504$306
28 years$1,707$1,255$907$646$455$270
29 years$1,631$1,184$844$593$411$238
30 years$1,559$1,118$786$544$371$210
31 years$1,493$1,057$733$499$336$185
32 years$1,430$1,000$684$459$304$164
33 years$1,372$947$638$422$275$145
34 years$1,317$897$596$388$249$128
35 years$1,265$851$558$358$225$113
36 years$1,217$808$522$329$204$100
37 years$1,171$767$488$303$185$88
38 years$1,127$729$457$280$168$78
39 years$1,086$693$428$258$152$69
40 years$1,047$660$402$238$138$61
41 years$1,010$628$377$219$125$54
42 years$975$598$353$202$114$48
43 years$942$570$331$187$103$42
44 years$910$543$311$173$94$38
45 years$880$518$292$159$85$33
46 years$851$494$274$147$77$29
47 years$823$472$258$136$70$26
48 years$797$450$242$126$64$23
49 years$772$430$228$116$58$20
50 years$748$411$214$107$52$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $766,000, adding $2,925 every year, while hoping to spend $22,436 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: 53/33/14 Blend
29$766,000$766,000$766,000$766,000
30$847,149$806,551$794,678$888,746
31$909,687$822,200$797,428$933,101
32$977,851$837,865$799,518$978,694
33$1,052,192$853,521$800,903$1,027,792
34$1,133,317$869,144$801,534$1,080,733
35$1,221,890$884,707$801,360$1,137,890
36$1,318,647$900,182$800,330$1,199,673
37$1,424,395$915,537$798,387$1,266,536
38$1,540,023$930,738$795,473$1,338,979
39$1,666,512$945,750$791,527$1,417,551
40$1,804,938$960,534$786,486$1,502,861
41$1,956,490$975,048$780,281$1,595,578
42$2,122,475$989,248$772,843$1,696,439
43$2,304,332$1,003,087$764,098$1,806,259
44$2,503,648$1,016,512$753,970$1,925,935
45$2,722,169$1,029,470$742,376$2,056,457
46$2,961,818$1,041,901$729,234$2,198,915
47$3,224,714$1,053,745$714,454$2,354,513
48$3,513,190$1,064,934$697,943$2,524,577
49$3,829,817$1,075,397$679,606$2,710,571
50$4,177,425$1,085,059$659,340$2,914,106
51$4,559,134$1,093,838$637,039$3,136,961
52$4,978,379$1,101,650$612,594$3,381,097
53$5,438,945$1,108,402$585,887$3,648,676
54$5,945,001$1,113,997$556,797$3,942,083
55$6,501,140$1,118,332$525,199$4,263,945
56$7,112,423$1,121,296$490,959$4,617,161
57$7,784,423$1,122,773$453,940$5,004,927
58$8,523,283$1,122,638$413,996$5,430,765
59$9,335,770$1,120,759$370,976$5,898,561
60$10,229,338$1,116,996$324,724$6,412,598
61$11,212,202$1,111,200$275,073$6,977,598
62$12,293,411$1,103,213$221,853$7,598,767
63$13,482,937$1,092,869$164,883$8,281,845
64$14,791,766$1,079,989$103,976$9,033,160
65$16,232,003$1,064,385$38,936$9,859,689
66$17,816,985$1,045,858$0$10,769,124
67$19,561,410$1,024,197$0$11,774,497
68$21,481,469$999,178$0$12,887,105
69$23,595,005$970,564$0$14,111,466
70$25,921,678$938,104$0$15,458,976
71$28,483,151$901,534$0$16,942,195
72$31,303,295$860,571$0$18,574,966
73$34,408,411$814,919$0$20,372,550
74$37,827,483$764,264$0$22,351,765
75$41,592,447$708,274$0$24,531,149
76$45,738,494$646,596$0$26,931,133
77$50,304,402$578,861$0$29,574,237
78$55,332,900$504,675$0$32,485,282
79$60,871,075$423,623$0$35,691,625
80$66,970,812$335,267$0$39,223,419
81$73,689,285$239,145$0$43,113,896
82$81,089,497$134,768$0$47,399,684
83$89,240,873$21,620$0$52,121,153
84$98,219,917$0$0$57,322,797
85$108,110,933$0$0$63,090,275
86$119,006,820$0$0$69,452,456
87$131,009,946$0$0$76,461,280
88$144,233,121$0$0$84,182,632
89$158,800,655$0$0$92,689,113
90$174,849,533$0$0$102,060,731
91$192,530,711$0$0$112,385,650
92$212,010,533$0$0$123,761,025
93$233,472,312$0$0$136,293,917
94$257,118,047$0$0$150,102,306
95$283,170,342$0$0$165,316,202
96$311,874,498$0$0$182,078,875
97$343,500,832$0$0$200,548,204
98$378,347,230$0$0$220,898,168
99$416,741,953$0$0$243,320,492
100$459,046,742$0$0$268,026,450