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%17.5%
1 years$63,503$62,938$62,386$61,847$61,321$59,453
2 years$31,437$30,852$30,284$29,734$29,201$27,335
3 years$20,750$20,162$19,596$19,051$18,526$16,721
4 years$15,407$14,821$14,261$13,725$13,213$11,482
5 years$12,203$11,620$11,067$10,542$10,044$8,393
6 years$10,067$9,489$8,944$8,431$7,948$6,377
7 years$8,542$7,969$7,432$6,931$6,464$4,973
8 years$7,399$6,830$6,303$5,815$5,362$3,951
9 years$6,510$5,947$5,429$4,953$4,516$3,183
10 years$5,800$5,242$4,733$4,269$3,848$2,591
11 years$5,219$4,667$4,167$3,716$3,309$2,126
12 years$4,735$4,189$3,698$3,259$2,868$1,756
13 years$4,326$3,785$3,304$2,877$2,501$1,458
14 years$3,975$3,441$2,969$2,554$2,192$1,215
15 years$3,672$3,143$2,680$2,278$1,930$1,017
16 years$3,407$2,884$2,430$2,040$1,706$853
17 years$3,173$2,656$2,211$1,832$1,512$717
18 years$2,966$2,454$2,019$1,651$1,345$604
19 years$2,780$2,274$1,848$1,492$1,199$510
20 years$2,614$2,114$1,696$1,351$1,071$431
21 years$2,463$1,969$1,560$1,227$958$364
22 years$2,326$1,838$1,438$1,115$859$308
23 years$2,202$1,719$1,327$1,016$771$261
24 years$2,087$1,610$1,228$926$693$222
25 years$1,983$1,511$1,137$846$624$188
26 years$1,886$1,420$1,055$774$562$160
27 years$1,797$1,337$979$708$506$135
28 years$1,714$1,260$910$649$457$115
29 years$1,637$1,188$847$595$413$98
30 years$1,565$1,122$789$546$373$83
31 years$1,498$1,061$736$501$337$71
32 years$1,436$1,004$686$461$305$60
33 years$1,377$951$641$424$276$51
34 years$1,322$901$599$390$250$43
35 years$1,270$855$560$359$226$37
36 years$1,221$811$524$331$205$31
37 years$1,175$770$490$305$186$27
38 years$1,132$732$459$281$168$23
39 years$1,090$696$430$259$153$19
40 years$1,051$662$403$239$139$16
41 years$1,014$630$378$220$126$14
42 years$979$600$355$203$114$12
43 years$946$572$333$188$104$10
44 years$914$545$312$173$94$9
45 years$883$520$293$160$85$7
46 years$854$496$275$148$77$6
47 years$827$473$259$137$70$5
48 years$800$452$243$126$64$5
49 years$775$432$229$117$58$4
50 years$751$412$215$108$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $769,000, adding $4,159 every year, while hoping to spend $28,446 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: 45/29/26 Blend
29$769,000$769,000$769,000$769,000
30$851,728$810,971$799,052$883,495
31$908,338$820,442$795,553$915,888
32$969,769$829,424$790,985$947,921
33$1,036,482$837,863$785,280$982,106
34$1,108,986$845,701$778,369$1,018,658
35$1,187,838$852,876$770,180$1,057,816
36$1,273,655$859,324$760,638$1,099,844
37$1,367,111$864,974$749,663$1,145,035
38$1,468,951$869,753$737,172$1,193,714
39$1,579,995$873,581$723,078$1,246,239
40$1,701,143$876,376$707,290$1,303,008
41$1,833,388$878,046$689,712$1,364,460
42$1,977,822$878,499$670,246$1,431,081
43$2,135,647$877,633$648,786$1,503,409
44$2,308,187$875,341$625,225$1,582,039
45$2,496,899$871,510$599,447$1,667,627
46$2,703,388$866,019$571,334$1,760,902
47$2,929,421$858,741$540,761$1,862,667
48$3,176,943$849,541$507,597$1,973,811
49$3,448,098$838,274$471,708$2,095,316
50$3,745,244$824,790$432,950$2,228,268
51$4,070,980$808,926$391,175$2,373,868
52$4,428,168$790,512$346,228$2,533,440
53$4,819,961$769,366$297,947$2,708,450
54$5,249,831$745,299$246,162$2,900,515
55$5,721,601$718,107$190,696$3,111,424
56$6,239,486$687,575$131,365$3,343,150
57$6,808,124$653,477$67,977$3,597,874
58$7,432,629$615,573$330$3,878,005
59$8,118,630$573,609$0$4,186,200
60$8,872,331$527,317$0$4,545,332
61$9,700,566$476,413$0$4,940,100
62$10,610,864$420,597$0$5,374,054
63$11,611,518$359,553$0$5,851,210
64$12,711,667$292,945$0$6,375,997
65$13,921,379$220,421$0$6,953,300
66$15,251,744$141,606$0$7,588,505
67$16,714,983$56,106$0$8,287,551
68$18,324,562$0$0$9,056,989
69$20,095,313$0$0$9,915,686
70$22,043,583$0$0$10,880,271
71$24,187,381$0$0$11,941,770
72$26,546,550$0$0$13,110,020
73$29,142,954$0$0$14,395,863
74$32,000,684$0$0$15,811,243
75$35,146,285$0$0$17,369,322
76$38,609,005$0$0$19,084,604
77$42,421,073$0$0$20,973,068
78$46,618,001$0$0$23,052,323
79$51,238,921$0$0$25,341,773
80$56,326,949$0$0$27,862,796
81$61,929,599$0$0$30,638,953
82$68,099,224$0$0$33,696,205
83$74,893,514$0$0$37,063,156
84$82,376,039$0$0$40,771,329
85$90,616,848$0$0$44,855,459
86$99,693,131$0$0$49,353,823
87$109,689,946$0$0$54,308,597
88$120,701,022$0$0$59,766,260
89$132,829,642$0$0$65,778,028
90$146,189,621$0$0$72,400,337
91$160,906,375$0$0$79,695,380
92$177,118,109$0$0$87,731,689
93$194,977,118$0$0$96,584,784
94$214,651,223$0$0$106,337,885
95$236,325,360$0$0$117,082,699
96$260,203,320$0$0$128,920,281
97$286,509,674$0$0$141,961,994
98$315,491,893$0$0$156,330,554
99$347,422,682$0$0$172,161,194
100$382,602,557$0$0$189,602,934