Can I retire at age 30 with 769,000?

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 $769,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$63,503$62,938$62,386$61,847$61,321$59,863
2 years$31,437$30,852$30,284$29,734$29,201$27,740
3 years$20,750$20,162$19,596$19,051$18,526$17,109
4 years$15,407$14,821$14,261$13,725$13,213$11,850
5 years$12,203$11,620$11,067$10,542$10,044$8,739
6 years$10,067$9,489$8,944$8,431$7,948$6,702
7 years$8,542$7,969$7,432$6,931$6,464$5,277
8 years$7,399$6,830$6,303$5,815$5,362$4,235
9 years$6,510$5,947$5,429$4,953$4,516$3,446
10 years$5,800$5,242$4,733$4,269$3,848$2,835
11 years$5,219$4,667$4,167$3,716$3,309$2,352
12 years$4,735$4,189$3,698$3,259$2,868$1,965
13 years$4,326$3,785$3,304$2,877$2,501$1,650
14 years$3,975$3,441$2,969$2,554$2,192$1,392
15 years$3,672$3,143$2,680$2,278$1,930$1,178
16 years$3,407$2,884$2,430$2,040$1,706$1,000
17 years$3,173$2,656$2,211$1,832$1,512$852
18 years$2,966$2,454$2,019$1,651$1,345$726
19 years$2,780$2,274$1,848$1,492$1,199$621
20 years$2,614$2,114$1,696$1,351$1,071$531
21 years$2,463$1,969$1,560$1,227$958$455
22 years$2,326$1,838$1,438$1,115$859$391
23 years$2,202$1,719$1,327$1,016$771$335
24 years$2,087$1,610$1,228$926$693$288
25 years$1,983$1,511$1,137$846$624$248
26 years$1,886$1,420$1,055$774$562$213
27 years$1,797$1,337$979$708$506$184
28 years$1,714$1,260$910$649$457$158
29 years$1,637$1,188$847$595$413$136
30 years$1,565$1,122$789$546$373$117
31 years$1,498$1,061$736$501$337$101
32 years$1,436$1,004$686$461$305$87
33 years$1,377$951$641$424$276$75
34 years$1,322$901$599$390$250$65
35 years$1,270$855$560$359$226$56
36 years$1,221$811$524$331$205$48
37 years$1,175$770$490$305$186$42
38 years$1,132$732$459$281$168$36
39 years$1,090$696$430$259$153$31
40 years$1,051$662$403$239$139$27
41 years$1,014$630$378$220$126$23
42 years$979$600$355$203$114$20
43 years$946$572$333$188$104$17
44 years$914$545$312$173$94$15
45 years$883$520$293$160$85$13
46 years$854$496$275$148$77$11
47 years$827$473$259$137$70$10
48 years$800$452$243$126$64$8
49 years$775$432$229$117$58$7
50 years$751$412$215$108$53$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $769,000, adding $2,211 every year, while hoping to spend $29,377 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: 62/23/15 Blend
29$769,000$769,000$769,000$769,000
30$849,719$808,962$797,042$899,120
31$905,133$817,344$792,486$940,965
32$965,215$825,152$786,793$983,095
33$1,030,410$832,328$779,893$1,028,381
34$1,101,207$838,807$771,715$1,077,131
35$1,178,145$844,523$762,182$1,129,686
36$1,261,816$849,405$751,215$1,186,419
37$1,352,871$853,376$738,732$1,247,746
38$1,452,029$856,356$724,643$1,314,124
39$1,560,076$858,258$708,860$1,386,056
40$1,677,883$858,992$691,286$1,464,099
41$1,806,405$858,460$671,822$1,548,868
42$1,946,693$856,560$650,363$1,641,040
43$2,099,906$853,181$626,800$1,741,363
44$2,267,318$848,209$601,019$1,850,663
45$2,450,333$841,519$572,901$1,969,850
46$2,650,495$832,981$542,322$2,099,929
47$2,869,505$822,458$509,150$2,242,009
48$3,109,238$809,801$473,249$2,397,314
49$3,371,755$794,857$434,478$2,567,193
50$3,659,328$777,459$392,687$2,753,135
51$3,974,459$757,434$347,722$2,956,784
52$4,319,903$734,596$299,419$3,179,952
53$4,698,693$708,752$247,609$3,424,639
54$5,114,171$679,693$192,116$3,693,052
55$5,570,020$647,200$132,755$3,987,624
56$6,070,292$611,043$69,333$4,311,039
57$6,619,454$570,977$1,647$4,666,259
58$7,222,425$526,742$0$5,056,549
59$7,884,625$478,064$0$5,496,811
60$8,612,023$424,655$0$5,980,735
61$9,411,195$366,209$0$6,512,477
62$10,289,386$302,403$0$7,096,909
63$11,254,577$232,894$0$7,739,402
64$12,315,562$157,324$0$8,445,876
65$13,482,027$75,311$0$9,222,857
66$14,764,645$0$0$10,077,541
67$16,175,175$0$0$11,021,288
68$17,726,573$0$0$12,080,312
69$19,433,110$0$0$13,245,304
70$21,310,515$0$0$14,527,009
71$23,376,115$0$0$15,937,264
72$25,649,002$0$0$17,489,113
73$28,150,212$0$0$19,196,927
74$30,902,924$0$0$21,076,543
75$33,932,675$0$0$23,145,406
76$37,267,608$0$0$25,422,745
77$40,938,728$0$0$27,929,742
78$44,980,201$0$0$30,689,739
79$49,429,676$0$0$33,728,458
80$54,328,634$0$0$37,074,240
81$59,722,785$0$0$40,758,315
82$65,662,497$0$0$44,815,093
83$72,203,272$0$0$49,282,496
84$79,406,266$0$0$54,202,305
85$87,338,872$0$0$59,620,564
86$96,075,347$0$0$65,588,009
87$105,697,523$0$0$72,160,547
88$116,295,568$0$0$79,399,785
89$127,968,847$0$0$87,373,609
90$140,826,851$0$0$96,156,827
91$154,990,234$0$0$105,831,873
92$170,591,952$0$0$116,489,586
93$187,778,517$0$0$128,230,066
94$206,711,375$0$0$141,163,618
95$227,568,438$0$0$155,411,797
96$250,545,755$0$0$171,108,549
97$275,859,366$0$0$188,401,480
98$303,747,341$0$0$207,453,244
99$334,472,024$0$0$228,443,086
100$368,322,513$0$0$251,568,524