Can I retire at age 30 with 767,000?

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 $767,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$63,338$62,774$62,224$61,686$61,162$59,133
2 years$31,356$30,772$30,206$29,657$29,125$27,100
3 years$20,696$20,110$19,545$19,001$18,478$16,522
4 years$15,367$14,783$14,224$13,689$13,179$11,305
5 years$12,171$11,590$11,038$10,515$10,018$8,233
6 years$10,041$9,464$8,921$8,409$7,927$6,231
7 years$8,520$7,948$7,413$6,913$6,447$4,840
8 years$7,380$6,813$6,287$5,799$5,348$3,830
9 years$6,493$5,932$5,415$4,940$4,504$3,072
10 years$5,784$5,229$4,721$4,258$3,838$2,489
11 years$5,205$4,655$4,156$3,706$3,300$2,034
12 years$4,722$4,178$3,688$3,251$2,860$1,672
13 years$4,314$3,775$3,295$2,870$2,494$1,381
14 years$3,965$3,432$2,961$2,547$2,186$1,146
15 years$3,663$3,135$2,673$2,272$1,925$954
16 years$3,398$2,876$2,424$2,034$1,701$796
17 years$3,165$2,649$2,206$1,828$1,508$666
18 years$2,958$2,448$2,013$1,647$1,341$558
19 years$2,773$2,269$1,843$1,488$1,196$468
20 years$2,607$2,108$1,692$1,348$1,068$394
21 years$2,457$1,964$1,556$1,223$956$331
22 years$2,320$1,833$1,434$1,112$857$279
23 years$2,196$1,714$1,324$1,013$769$235
24 years$2,082$1,606$1,224$924$691$198
25 years$1,977$1,507$1,134$844$622$167
26 years$1,881$1,417$1,052$772$560$141
27 years$1,792$1,333$977$706$505$119
28 years$1,709$1,256$908$647$456$101
29 years$1,633$1,185$845$593$412$85
30 years$1,561$1,119$787$545$372$72
31 years$1,495$1,058$734$500$336$61
32 years$1,432$1,001$685$460$304$51
33 years$1,374$948$639$423$275$43
34 years$1,319$899$597$389$249$37
35 years$1,267$852$558$358$226$31
36 years$1,218$809$522$330$204$26
37 years$1,172$768$489$304$185$22
38 years$1,129$730$458$280$168$19
39 years$1,088$694$429$258$152$16
40 years$1,049$661$402$238$138$13
41 years$1,012$629$377$220$125$11
42 years$977$599$354$203$114$10
43 years$943$571$332$187$103$8
44 years$911$544$311$173$94$7
45 years$881$519$292$160$85$6
46 years$852$495$275$147$77$5
47 years$825$472$258$136$70$4
48 years$798$451$243$126$64$4
49 years$773$430$228$116$58$3
50 years$749$411$214$108$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $767,000, adding $2,798 every year, while hoping to spend $53,440 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: 54/35/11 Blend
29$767,000$767,000$767,000$767,000
30$848,120$807,469$795,581$891,388
31$877,769$790,175$765,373$903,783
32$908,650$770,243$732,362$911,225
33$940,834$747,487$696,398$918,074
34$974,395$721,710$657,323$924,284
35$1,009,414$692,704$614,974$929,808
36$1,045,977$660,249$569,178$934,598
37$1,084,177$624,112$519,756$938,603
38$1,124,117$584,047$466,522$941,772
39$1,165,905$539,794$409,279$944,053
40$1,209,661$491,076$347,822$945,392
41$1,255,511$437,604$281,940$945,734
42$1,303,596$379,070$211,407$945,025
43$1,354,066$315,148$135,993$943,207
44$1,407,086$245,495$55,454$940,226
45$1,462,833$169,748$0$936,026
46$1,521,501$87,525$0$934,130
47$1,583,302$0$0$938,084
48$1,648,464$0$0$941,960
49$1,717,238$0$0$981,658
50$1,789,897$0$0$1,023,628
51$1,866,739$0$0$1,068,048
52$1,948,088$0$0$1,115,108
53$2,034,299$0$0$1,165,020
54$2,125,761$0$0$1,218,012
55$2,222,896$0$0$1,274,335
56$2,326,169$0$0$1,334,264
57$2,436,086$0$0$1,398,099
58$2,553,204$0$0$1,466,169
59$2,678,129$0$0$1,538,834
60$2,811,529$0$0$1,616,489
61$2,954,132$0$0$1,699,567
62$3,106,740$0$0$1,788,542
63$3,270,229$0$0$1,883,934
64$3,445,562$0$0$1,986,315
65$3,633,795$0$0$2,096,310
66$3,836,087$0$0$2,214,608
67$4,053,708$0$0$2,341,963
68$4,288,057$0$0$2,479,204
69$4,540,668$0$0$2,627,243
70$4,813,223$0$0$2,787,078
71$5,107,576$0$0$2,959,811
72$5,425,761$0$0$3,146,649
73$5,770,012$0$0$3,348,919
74$6,142,788$0$0$3,568,082
75$6,546,790$0$0$3,805,744
76$6,984,990$0$0$4,063,669
77$7,460,654$0$0$4,343,799
78$7,977,378$0$0$4,648,271
79$8,539,112$0$0$4,979,432
80$9,150,207$0$0$5,339,869
81$9,815,447$0$0$5,732,425
82$10,540,096$0$0$6,160,230
83$11,329,950$0$0$6,626,729
84$12,191,383$0$0$7,135,712
85$13,131,415$0$0$7,691,354
86$14,157,770$0$0$8,298,246
87$15,278,952$0$0$8,961,446
88$16,504,324$0$0$9,686,521
89$17,844,190$0$0$10,479,601
90$19,309,901$0$0$11,347,434
91$20,913,951$0$0$12,297,451
92$22,670,099$0$0$13,337,837
93$24,593,496$0$0$14,477,602
94$26,700,827$0$0$15,726,672
95$29,010,468$0$0$17,095,976
96$31,542,657$0$0$18,597,552
97$34,319,682$0$0$20,244,659
98$37,366,093$0$0$22,051,902
99$40,708,931$0$0$24,035,364
100$44,377,981$0$0$26,212,767