Can I retire at age 30 with 771,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $771,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$63,668$63,101$62,548$62,008$61,481$61,144
2 years$31,519$30,932$30,363$29,812$29,276$28,937
3 years$20,804$20,214$19,647$19,101$18,574$18,242
4 years$15,447$14,860$14,298$13,761$13,247$12,926
5 years$12,234$11,650$11,096$10,570$10,070$9,760
6 years$10,093$9,513$8,967$8,453$7,968$7,669
7 years$8,564$7,989$7,452$6,949$6,480$6,192
8 years$7,418$6,848$6,320$5,830$5,376$5,100
9 years$6,527$5,963$5,443$4,966$4,527$4,263
10 years$5,815$5,256$4,745$4,280$3,858$3,604
11 years$5,232$4,679$4,178$3,725$3,318$3,075
12 years$4,747$4,200$3,708$3,268$2,875$2,644
13 years$4,337$3,795$3,313$2,885$2,507$2,286
14 years$3,986$3,450$2,976$2,561$2,198$1,987
15 years$3,682$3,151$2,687$2,284$1,935$1,735
16 years$3,416$2,891$2,436$2,045$1,710$1,520
17 years$3,182$2,663$2,217$1,837$1,516$1,336
18 years$2,973$2,461$2,024$1,656$1,348$1,177
19 years$2,788$2,280$1,853$1,496$1,202$1,040
20 years$2,620$2,119$1,700$1,355$1,073$920
21 years$2,469$1,974$1,564$1,230$961$816
22 years$2,332$1,842$1,441$1,118$861$724
23 years$2,207$1,723$1,331$1,018$773$644
24 years$2,093$1,615$1,231$929$695$573
25 years$1,988$1,515$1,140$848$625$511
26 years$1,891$1,424$1,057$776$563$455
27 years$1,801$1,340$982$710$508$406
28 years$1,718$1,263$913$650$458$363
29 years$1,641$1,191$849$596$414$324
30 years$1,569$1,125$791$547$374$290
31 years$1,502$1,064$738$503$338$259
32 years$1,440$1,006$688$462$306$232
33 years$1,381$953$643$425$277$208
34 years$1,325$903$600$391$250$186
35 years$1,274$857$561$360$227$167
36 years$1,225$813$525$331$206$150
37 years$1,178$772$491$305$186$134
38 years$1,135$734$460$281$169$120
39 years$1,093$698$431$260$153$108
40 years$1,054$664$404$239$139$97
41 years$1,017$632$379$221$126$87
42 years$982$602$355$204$114$78
43 years$948$574$334$188$104$70
44 years$916$547$313$174$94$63
45 years$886$521$294$160$86$56
46 years$857$497$276$148$78$51
47 years$829$475$259$137$71$45
48 years$802$453$244$127$64$41
49 years$777$433$229$117$58$37
50 years$753$413$215$108$53$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $771,000, adding $5,619 every year, while hoping to spend $22,108 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: 53/38/9 Blend
29$771,000$771,000$771,000$771,000
30$855,438$814,575$802,624$898,550
31$919,170$830,966$805,990$944,840
32$988,662$847,420$808,727$992,297
33$1,064,477$863,916$810,791$1,043,403
34$1,147,237$880,431$812,136$1,098,508
35$1,237,626$896,943$812,713$1,157,997
36$1,336,395$913,424$812,470$1,222,295
37$1,444,374$929,848$811,354$1,291,870
38$1,562,474$946,185$809,309$1,367,237
39$1,691,699$962,401$806,274$1,448,964
40$1,833,156$978,462$802,187$1,537,677
41$1,988,062$994,331$796,985$1,634,067
42$2,157,758$1,009,967$790,597$1,738,895
43$2,343,721$1,025,326$782,954$1,852,999
44$2,547,577$1,040,364$773,979$1,977,304
45$2,771,117$1,055,029$763,595$2,112,829
46$3,016,314$1,069,269$751,719$2,260,697
47$3,285,342$1,083,027$738,265$2,422,147
48$3,580,594$1,096,242$723,143$2,598,545
49$3,904,705$1,108,849$706,260$2,791,396
50$4,260,582$1,120,779$687,516$3,002,359
51$4,651,422$1,131,958$666,808$3,233,264
52$5,080,749$1,142,306$644,029$3,486,128
53$5,552,448$1,151,741$619,066$3,763,175
54$6,070,793$1,160,172$591,800$4,066,855
55$6,640,497$1,167,504$562,109$4,399,872
56$7,266,752$1,173,636$529,864$4,765,205
57$7,955,275$1,178,459$494,929$5,166,139
58$8,712,369$1,181,858$457,164$5,606,295
59$9,544,974$1,183,713$416,423$6,089,666
60$10,460,739$1,183,892$372,551$6,620,652
61$11,468,090$1,182,259$325,387$7,204,106
62$12,576,313$1,178,668$274,765$7,845,376
63$13,795,637$1,172,962$220,509$8,550,360
64$15,137,332$1,164,978$162,437$9,325,558
65$16,613,818$1,154,540$100,357$10,178,135
66$18,238,780$1,141,464$34,071$11,115,993
67$20,027,293$1,125,553$0$12,147,840
68$21,995,971$1,106,600$0$13,286,796
69$24,163,121$1,084,384$0$14,543,645
70$26,548,911$1,058,671$0$15,926,799
71$29,175,569$1,029,215$0$17,449,140
72$32,067,584$995,753$0$19,124,867
73$35,251,942$958,010$0$20,969,632
74$38,758,378$915,690$0$23,000,685
75$42,619,660$868,486$0$25,237,039
76$46,871,891$816,068$0$27,699,653
77$51,554,859$758,090$0$30,411,624
78$56,712,403$694,185$0$33,398,412
79$62,392,834$623,966$0$36,688,078
80$68,649,385$547,022$0$40,311,551
81$75,540,717$462,922$0$44,302,920
82$83,131,473$371,207$0$48,699,757
83$91,492,881$271,394$0$53,543,472
84$100,703,436$162,974$0$58,879,706
85$110,849,634$45,407$0$64,758,763
86$122,026,789$0$0$71,236,086
87$134,339,934$0$0$78,407,018
88$147,904,812$0$0$86,327,970
89$162,848,967$0$0$95,054,448
90$179,312,949$0$0$104,668,539
91$197,451,638$0$0$115,260,701
92$217,435,710$0$0$126,930,616
93$239,453,244$0$0$139,788,133
94$263,711,497$0$0$153,954,300
95$290,438,864$0$0$169,562,511
96$319,887,029$0$0$186,759,764
97$352,333,344$0$0$205,708,045
98$388,083,446$0$0$226,585,862
99$427,474,138$0$0$249,589,928
100$470,876,576$0$0$274,937,017