Can I retire at age 30 with 772,000?

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 $772,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$63,751$63,183$62,629$62,088$61,560$61,275
2 years$31,560$30,972$30,403$29,850$29,314$29,027
3 years$20,831$20,241$19,672$19,125$18,598$18,317
4 years$15,468$14,879$14,316$13,779$13,264$12,991
5 years$12,250$11,665$11,110$10,583$10,083$9,819
6 years$10,106$9,526$8,979$8,464$7,979$7,724
7 years$8,575$8,000$7,461$6,958$6,489$6,244
8 years$7,428$6,857$6,328$5,837$5,383$5,148
9 years$6,535$5,970$5,450$4,972$4,533$4,308
10 years$5,822$5,263$4,752$4,286$3,863$3,647
11 years$5,239$4,685$4,183$3,730$3,322$3,115
12 years$4,753$4,205$3,712$3,272$2,879$2,682
13 years$4,343$3,800$3,317$2,888$2,510$2,322
14 years$3,991$3,454$2,980$2,564$2,201$2,021
15 years$3,686$3,155$2,691$2,287$1,938$1,767
16 years$3,420$2,895$2,440$2,047$1,712$1,550
17 years$3,186$2,666$2,220$1,840$1,518$1,364
18 years$2,977$2,464$2,026$1,658$1,350$1,204
19 years$2,791$2,283$1,855$1,498$1,203$1,065
20 years$2,624$2,122$1,703$1,357$1,075$944
21 years$2,473$1,976$1,566$1,231$962$838
22 years$2,335$1,845$1,443$1,120$862$745
23 years$2,210$1,725$1,333$1,020$774$663
24 years$2,096$1,617$1,232$930$696$591
25 years$1,990$1,517$1,142$849$626$527
26 years$1,893$1,426$1,059$777$564$471
27 years$1,804$1,342$983$711$508$421
28 years$1,721$1,264$914$651$459$377
29 years$1,643$1,193$850$597$414$337
30 years$1,571$1,127$792$548$374$302
31 years$1,504$1,065$739$503$338$271
32 years$1,441$1,008$689$463$306$243
33 years$1,383$954$643$425$277$218
34 years$1,327$904$601$391$251$195
35 years$1,275$858$562$360$227$175
36 years$1,226$814$526$332$206$157
37 years$1,180$773$492$306$187$141
38 years$1,136$735$461$282$169$127
39 years$1,095$699$432$260$153$114
40 years$1,055$665$405$240$139$102
41 years$1,018$633$379$221$126$92
42 years$983$603$356$204$115$83
43 years$949$574$334$188$104$74
44 years$917$547$314$174$94$67
45 years$887$522$294$161$86$60
46 years$858$498$276$148$78$54
47 years$830$475$260$137$71$49
48 years$803$454$244$127$64$44
49 years$778$433$229$117$58$39
50 years$754$414$216$108$53$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $772,000, adding $2,485 every year, while hoping to spend $37,734 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: 53/33/14 Blend
29$772,000$772,000$772,000$772,000
30$853,307$812,391$800,425$895,230
31$900,196$812,050$787,091$923,768
32$950,603$810,427$772,045$950,564
33$1,004,846$807,420$755,191$978,864
34$1,063,277$802,920$736,426$1,008,819
35$1,126,280$796,812$715,645$1,040,599
36$1,194,277$788,972$692,736$1,074,392
37$1,267,733$779,272$667,582$1,110,408
38$1,347,159$767,573$640,063$1,148,880
39$1,433,114$753,729$610,050$1,190,066
40$1,526,216$737,586$577,411$1,234,254
41$1,627,143$718,980$542,007$1,281,763
42$1,736,639$697,738$503,693$1,332,948
43$1,855,526$673,677$462,315$1,388,202
44$1,984,704$646,601$417,717$1,447,961
45$2,125,165$616,306$369,732$1,512,711
46$2,278,001$582,575$318,188$1,582,987
47$2,444,413$545,176$262,902$1,659,387
48$2,625,721$503,868$203,688$1,742,570
49$2,823,380$458,393$140,347$1,833,269
50$3,038,990$408,480$72,674$1,932,293
51$3,274,312$353,841$454$2,040,543
52$3,531,286$294,173$0$2,159,012
53$3,812,046$229,155$0$2,300,248
54$4,118,940$158,450$0$2,454,842
55$4,454,557$81,699$0$2,624,114
56$4,821,745$0$0$2,809,596
57$5,223,640$0$0$3,013,517
58$5,663,696$0$0$3,269,357
59$6,145,715$0$0$3,549,670
60$6,673,887$0$0$3,856,901
61$7,252,823$0$0$4,193,741
62$7,887,604$0$0$4,563,158
63$8,583,825$0$0$4,968,417
64$9,347,649$0$0$5,413,116
65$10,185,864$0$0$5,901,220
66$11,105,946$0$0$6,437,093
67$12,116,131$0$0$7,025,545
68$13,225,494$0$0$7,671,872
69$14,444,026$0$0$8,381,911
70$15,782,740$0$0$9,162,091
71$17,253,763$0$0$10,019,494
72$18,870,458$0$0$10,961,922
73$20,647,545$0$0$11,997,971
74$22,601,243$0$0$13,137,112
75$24,749,418$0$0$14,389,780
76$27,111,758$0$0$15,767,469
77$29,709,949$0$0$17,282,845
78$32,567,889$0$0$18,949,862
79$35,711,907$0$0$20,783,897
80$39,171,009$0$0$22,801,890
81$42,977,160$0$0$25,022,506
82$47,165,575$0$0$27,466,312
83$51,775,058$0$0$30,155,968
84$56,848,365$0$0$33,116,444
85$62,432,604$0$0$36,375,253
86$68,579,685$0$0$39,962,710
87$75,346,806$0$0$43,912,218
88$82,796,991$0$0$48,260,586
89$90,999,686$0$0$53,048,371
90$100,031,415$0$0$58,320,264
91$109,976,497$0$0$64,125,510
92$120,927,847$0$0$70,518,373
93$132,987,847$0$0$77,558,648
94$146,269,316$0$0$85,312,225
95$160,896,572$0$0$93,851,708
96$177,006,603$0$0$103,257,104
97$194,750,362$0$0$113,616,575
98$214,294,191$0$0$125,027,270
99$235,821,388$0$0$137,596,243
100$259,533,939$0$0$151,441,461