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%16%
1 years$63,338$62,774$62,224$61,686$61,162$59,659
2 years$31,356$30,772$30,206$29,657$29,125$27,620
3 years$20,696$20,110$19,545$19,001$18,478$17,018
4 years$15,367$14,783$14,224$13,689$13,179$11,775
5 years$12,171$11,590$11,038$10,515$10,018$8,675
6 years$10,041$9,464$8,921$8,409$7,927$6,645
7 years$8,520$7,948$7,413$6,913$6,447$5,227
8 years$7,380$6,813$6,287$5,799$5,348$4,190
9 years$6,493$5,932$5,415$4,940$4,504$3,405
10 years$5,784$5,229$4,721$4,258$3,838$2,798
11 years$5,205$4,655$4,156$3,706$3,300$2,318
12 years$4,722$4,178$3,688$3,251$2,860$1,934
13 years$4,314$3,775$3,295$2,870$2,494$1,622
14 years$3,965$3,432$2,961$2,547$2,186$1,366
15 years$3,663$3,135$2,673$2,272$1,925$1,155
16 years$3,398$2,876$2,424$2,034$1,701$979
17 years$3,165$2,649$2,206$1,828$1,508$832
18 years$2,958$2,448$2,013$1,647$1,341$709
19 years$2,773$2,269$1,843$1,488$1,196$605
20 years$2,607$2,108$1,692$1,348$1,068$517
21 years$2,457$1,964$1,556$1,223$956$442
22 years$2,320$1,833$1,434$1,112$857$379
23 years$2,196$1,714$1,324$1,013$769$325
24 years$2,082$1,606$1,224$924$691$279
25 years$1,977$1,507$1,134$844$622$239
26 years$1,881$1,417$1,052$772$560$206
27 years$1,792$1,333$977$706$505$177
28 years$1,709$1,256$908$647$456$152
29 years$1,633$1,185$845$593$412$131
30 years$1,561$1,119$787$545$372$112
31 years$1,495$1,058$734$500$336$97
32 years$1,432$1,001$685$460$304$83
33 years$1,374$948$639$423$275$72
34 years$1,319$899$597$389$249$62
35 years$1,267$852$558$358$226$53
36 years$1,218$809$522$330$204$46
37 years$1,172$768$489$304$185$40
38 years$1,129$730$458$280$168$34
39 years$1,088$694$429$258$152$29
40 years$1,049$661$402$238$138$25
41 years$1,012$629$377$220$125$22
42 years$977$599$354$203$114$19
43 years$943$571$332$187$103$16
44 years$911$544$311$173$94$14
45 years$881$519$292$160$85$12
46 years$852$495$275$147$77$10
47 years$825$472$258$136$70$9
48 years$798$451$243$126$64$8
49 years$773$430$228$116$58$7
50 years$749$411$214$108$53$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $767,000, adding $3,520 every year, while hoping to spend $53,098 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: 73/17/10 Blend
29$767,000$767,000$767,000$767,000
30$848,865$808,214$796,325$908,994
31$878,953$791,320$766,506$932,284
32$910,331$771,820$733,909$950,833
33$943,074$749,528$698,384$969,684
34$977,262$724,250$659,775$988,853
35$1,012,985$695,780$617,920$1,008,356
36$1,050,337$663,901$572,647$1,028,214
37$1,089,421$628,382$523,780$1,048,450
38$1,130,348$588,978$471,133$1,069,090
39$1,173,238$545,433$414,511$1,090,167
40$1,218,222$497,473$353,711$1,111,715
41$1,265,442$444,810$288,521$1,133,776
42$1,315,052$387,141$218,721$1,156,396
43$1,367,219$324,142$144,080$1,179,628
44$1,422,125$255,474$64,356$1,203,535
45$1,479,967$180,779$0$1,228,186
46$1,540,963$99,676$0$1,255,870
47$1,605,346$11,765$0$1,291,938
48$1,673,373$0$0$1,329,646
49$1,745,324$0$0$1,384,737
50$1,821,504$0$0$1,445,413
51$1,902,246$0$0$1,509,739
52$1,987,915$0$0$1,578,009
53$2,078,909$0$0$1,650,543
54$2,175,663$0$0$1,727,689
55$2,278,654$0$0$1,809,831
56$2,388,404$0$0$1,897,388
57$2,505,485$0$0$1,990,819
58$2,630,521$0$0$2,090,627
59$2,764,201$0$0$2,197,362
60$2,907,274$0$0$2,311,630
61$3,060,566$0$0$2,434,092
62$3,224,982$0$0$2,565,476
63$3,401,513$0$0$2,706,578
64$3,591,250$0$0$2,858,275
65$3,795,388$0$0$3,021,527
66$4,015,239$0$0$3,197,390
67$4,252,246$0$0$3,387,022
68$4,507,992$0$0$3,591,696
69$4,784,218$0$0$3,812,813
70$5,082,836$0$0$4,051,908
71$5,405,947$0$0$4,310,672
72$5,755,863$0$0$4,590,962
73$6,135,123$0$0$4,894,821
74$6,546,521$0$0$5,224,494
75$6,993,129$0$0$5,582,451
76$7,478,324$0$0$5,971,409
77$8,005,824$0$0$6,394,357
78$8,579,718$0$0$6,854,582
79$9,204,504$0$0$7,355,703
80$9,885,132$0$0$7,901,699
81$10,627,050$0$0$8,496,951
82$11,436,252$0$0$9,146,282
83$12,319,339$0$0$9,854,997
84$13,283,573$0$0$10,628,940
85$14,336,951$0$0$11,474,539
86$15,488,274$0$0$12,398,875
87$16,747,234$0$0$13,409,742
88$18,124,501$0$0$14,515,722
89$19,631,825$0$0$15,726,266
90$21,282,143$0$0$17,051,777
91$23,089,701$0$0$18,503,716
92$25,070,188$0$0$20,094,702
93$27,240,883$0$0$21,838,632
94$29,620,816$0$0$23,750,812
95$32,230,944$0$0$25,848,100
96$35,094,353$0$0$28,149,066
97$38,236,469$0$0$30,674,160
98$41,685,300$0$0$33,445,911
99$45,471,695$0$0$36,489,135
100$49,629,640$0$0$39,831,168