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%15.2%
1 years$63,503$62,938$62,386$61,847$61,321$60,009
2 years$31,437$30,852$30,284$29,734$29,201$27,885
3 years$20,750$20,162$19,596$19,051$18,526$17,249
4 years$15,407$14,821$14,261$13,725$13,213$11,983
5 years$12,203$11,620$11,067$10,542$10,044$8,865
6 years$10,067$9,489$8,944$8,431$7,948$6,821
7 years$8,542$7,969$7,432$6,931$6,464$5,389
8 years$7,399$6,830$6,303$5,815$5,362$4,340
9 years$6,510$5,947$5,429$4,953$4,516$3,545
10 years$5,800$5,242$4,733$4,269$3,848$2,927
11 years$5,219$4,667$4,167$3,716$3,309$2,437
12 years$4,735$4,189$3,698$3,259$2,868$2,044
13 years$4,326$3,785$3,304$2,877$2,501$1,723
14 years$3,975$3,441$2,969$2,554$2,192$1,459
15 years$3,672$3,143$2,680$2,278$1,930$1,241
16 years$3,407$2,884$2,430$2,040$1,706$1,058
17 years$3,173$2,656$2,211$1,832$1,512$905
18 years$2,966$2,454$2,019$1,651$1,345$775
19 years$2,780$2,274$1,848$1,492$1,199$665
20 years$2,614$2,114$1,696$1,351$1,071$572
21 years$2,463$1,969$1,560$1,227$958$492
22 years$2,326$1,838$1,438$1,115$859$424
23 years$2,202$1,719$1,327$1,016$771$366
24 years$2,087$1,610$1,228$926$693$316
25 years$1,983$1,511$1,137$846$624$273
26 years$1,886$1,420$1,055$774$562$236
27 years$1,797$1,337$979$708$506$204
28 years$1,714$1,260$910$649$457$177
29 years$1,637$1,188$847$595$413$153
30 years$1,565$1,122$789$546$373$133
31 years$1,498$1,061$736$501$337$115
32 years$1,436$1,004$686$461$305$100
33 years$1,377$951$641$424$276$86
34 years$1,322$901$599$390$250$75
35 years$1,270$855$560$359$226$65
36 years$1,221$811$524$331$205$56
37 years$1,175$770$490$305$186$49
38 years$1,132$732$459$281$168$42
39 years$1,090$696$430$259$153$37
40 years$1,051$662$403$239$139$32
41 years$1,014$630$378$220$126$28
42 years$979$600$355$203$114$24
43 years$946$572$333$188$104$21
44 years$914$545$312$173$94$18
45 years$883$520$293$160$85$16
46 years$854$496$275$148$77$14
47 years$827$473$259$137$70$12
48 years$800$452$243$126$64$10
49 years$775$432$229$117$58$9
50 years$751$412$215$108$53$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $769,000, adding $5,033 every year, while hoping to spend $56,948 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: 82/8/10 Blend
29$769,000$769,000$769,000$769,000
30$852,630$811,873$799,953$920,806
31$879,006$791,062$766,159$945,381
32$906,163$767,323$729,325$964,297
33$934,122$740,452$689,287$983,348
34$962,902$710,234$645,878$1,002,517
35$992,523$676,440$598,920$1,021,785
36$1,023,004$638,830$548,228$1,041,130
37$1,054,366$597,148$493,608$1,060,529
38$1,086,628$551,124$434,861$1,079,957
39$1,119,808$500,474$371,773$1,099,386
40$1,153,927$444,896$304,126$1,118,784
41$1,189,003$384,071$231,690$1,138,119
42$1,225,054$317,664$154,224$1,157,354
43$1,262,098$245,317$71,479$1,176,449
44$1,300,151$166,657$0$1,195,361
45$1,339,229$81,285$0$1,215,839
46$1,379,346$0$0$1,244,291
47$1,420,516$0$0$1,274,045
48$1,462,751$0$0$1,311,908
49$1,506,059$0$0$1,350,731
50$1,550,450$0$0$1,390,523
51$1,595,927$0$0$1,431,287
52$1,642,494$0$0$1,473,025
53$1,690,151$0$0$1,515,736
54$1,738,892$0$0$1,559,417
55$1,788,709$0$0$1,604,059
56$1,839,590$0$0$1,649,650
57$1,891,517$0$0$1,696,173
58$1,944,465$0$0$1,743,607
59$1,998,404$0$0$1,791,924
60$2,053,297$0$0$1,841,089
61$2,109,097$0$0$1,891,060
62$2,165,749$0$0$1,941,787
63$2,223,188$0$0$1,993,210
64$2,281,336$0$0$2,045,258
65$2,340,103$0$0$2,097,851
66$2,399,387$0$0$2,150,894
67$2,459,066$0$0$2,204,278
68$2,519,002$0$0$2,257,877
69$2,579,040$0$0$2,311,550
70$2,638,998$0$0$2,365,133
71$2,698,675$0$0$2,418,443
72$2,757,840$0$0$2,471,271
73$2,816,232$0$0$2,523,380
74$2,873,558$0$0$2,574,506
75$2,929,489$0$0$2,624,350
76$2,983,655$0$0$2,672,576
77$3,035,638$0$0$2,718,808
78$3,084,975$0$0$2,762,625
79$3,131,145$0$0$2,803,556
80$3,173,567$0$0$2,841,075
81$3,211,592$0$0$2,874,595
82$3,244,496$0$0$2,903,461
83$3,271,474$0$0$2,926,946
84$3,291,630$0$0$2,944,236
85$3,303,964$0$0$2,954,431
86$3,307,370$0$0$2,956,526
87$3,300,614$0$0$2,949,409
88$3,282,330$0$0$2,931,842
89$3,251,000$0$0$2,902,454
90$3,204,942$0$0$2,859,722
91$3,142,289$0$0$2,801,960
92$3,060,974$0$0$2,727,299
93$2,958,708$0$0$2,633,667
94$2,832,955$0$0$2,518,773
95$2,680,907$0$0$2,380,079
96$2,499,458$0$0$2,214,776
97$2,285,172$0$0$2,019,758
98$2,034,249$0$0$1,791,589
99$1,742,484$0$0$1,526,470
100$1,405,233$0$0$1,220,201