Can I retire at age 30 with 772,000?

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 $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%11.8%
1 years$63,751$63,183$62,629$62,088$61,560$61,096
2 years$31,560$30,972$30,403$29,850$29,314$28,846
3 years$20,831$20,241$19,672$19,125$18,598$18,140
4 years$15,468$14,879$14,316$13,779$13,264$12,821
5 years$12,250$11,665$11,110$10,583$10,083$9,655
6 years$10,106$9,526$8,979$8,464$7,979$7,567
7 years$8,575$8,000$7,461$6,958$6,489$6,093
8 years$7,428$6,857$6,328$5,837$5,383$5,004
9 years$6,535$5,970$5,450$4,972$4,533$4,170
10 years$5,822$5,263$4,752$4,286$3,863$3,515
11 years$5,239$4,685$4,183$3,730$3,322$2,990
12 years$4,753$4,205$3,712$3,272$2,879$2,563
13 years$4,343$3,800$3,317$2,888$2,510$2,209
14 years$3,991$3,454$2,980$2,564$2,201$1,914
15 years$3,686$3,155$2,691$2,287$1,938$1,665
16 years$3,420$2,895$2,440$2,047$1,712$1,454
17 years$3,186$2,666$2,220$1,840$1,518$1,274
18 years$2,977$2,464$2,026$1,658$1,350$1,118
19 years$2,791$2,283$1,855$1,498$1,203$984
20 years$2,624$2,122$1,703$1,357$1,075$868
21 years$2,473$1,976$1,566$1,231$962$766
22 years$2,335$1,845$1,443$1,120$862$678
23 years$2,210$1,725$1,333$1,020$774$600
24 years$2,096$1,617$1,232$930$696$532
25 years$1,990$1,517$1,142$849$626$473
26 years$1,893$1,426$1,059$777$564$420
27 years$1,804$1,342$983$711$508$373
28 years$1,721$1,264$914$651$459$332
29 years$1,643$1,193$850$597$414$295
30 years$1,571$1,127$792$548$374$263
31 years$1,504$1,065$739$503$338$234
32 years$1,441$1,008$689$463$306$209
33 years$1,383$954$643$425$277$186
34 years$1,327$904$601$391$251$166
35 years$1,275$858$562$360$227$148
36 years$1,226$814$526$332$206$132
37 years$1,180$773$492$306$187$118
38 years$1,136$735$461$282$169$106
39 years$1,095$699$432$260$153$94
40 years$1,055$665$405$240$139$84
41 years$1,018$633$379$221$126$75
42 years$983$603$356$204$115$67
43 years$949$574$334$188$104$60
44 years$917$547$314$174$94$54
45 years$887$522$294$161$86$48
46 years$858$498$276$148$78$43
47 years$830$475$260$137$71$38
48 years$803$454$244$127$64$34
49 years$778$433$229$117$58$31
50 years$754$414$216$108$53$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $772,000, adding $5,721 every year, while hoping to spend $21,984 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: 65/16/19 Blend
29$772,000$772,000$772,000$772,000
30$856,645$815,729$803,763$907,883
31$920,632$832,309$807,298$959,552
32$990,409$848,965$810,215$1,012,961
33$1,066,543$865,676$812,470$1,070,804
34$1,149,659$882,423$814,016$1,133,518
35$1,240,444$899,181$814,805$1,201,580
36$1,339,655$915,927$814,787$1,275,519
37$1,448,125$932,632$813,908$1,355,916
38$1,566,771$949,269$812,111$1,443,413
39$1,696,604$965,806$809,339$1,538,718
40$1,838,736$982,208$805,530$1,642,608
41$1,994,391$998,440$800,619$1,755,942
42$2,164,918$1,014,463$794,539$1,879,666
43$2,351,802$1,030,234$787,219$2,014,825
44$2,556,680$1,045,710$778,585$2,162,567
45$2,781,352$1,060,840$768,558$2,324,159
46$3,027,804$1,075,575$757,059$2,500,999
47$3,298,220$1,089,859$744,000$2,694,626
48$3,595,009$1,103,632$729,295$2,906,737
49$3,920,822$1,116,832$712,848$3,139,203
50$4,278,580$1,129,391$694,562$3,394,086
51$4,671,501$1,141,237$674,336$3,673,659
52$5,103,130$1,152,294$652,062$3,980,427
53$5,577,372$1,162,479$627,629$4,317,152
54$6,098,528$1,171,705$600,920$4,686,877
55$6,671,340$1,179,880$571,812$5,092,959
56$7,301,026$1,186,904$540,178$5,539,096
57$7,993,342$1,192,673$505,884$6,029,364
58$8,754,623$1,197,074$468,791$6,568,258
59$9,591,852$1,199,988$428,754$7,160,729
60$10,512,723$1,201,290$385,619$7,812,239
61$11,525,711$1,200,844$339,228$8,528,804
62$12,640,156$1,198,508$289,414$9,317,057
63$13,866,348$1,194,130$236,005$10,184,311
64$15,215,623$1,187,550$178,819$11,138,623
65$16,700,474$1,178,597$117,667$12,188,876
66$18,334,664$1,167,091$52,351$13,344,860
67$20,133,361$1,152,839$0$14,617,366
68$22,113,274$1,135,638$0$16,021,806
69$24,292,817$1,115,274$0$17,579,325
70$26,692,279$1,091,517$0$19,293,795
71$29,334,016$1,064,126$0$21,181,188
72$32,242,663$1,032,846$0$23,259,107
73$35,445,364$997,405$0$25,546,949
74$38,972,031$957,516$0$28,066,091
75$42,855,621$912,878$0$30,840,091
76$47,132,453$863,168$0$33,894,908
77$51,842,547$808,047$0$37,259,153
78$57,030,003$747,157$0$40,964,352
79$62,743,413$680,118$0$45,045,249
80$69,036,327$606,529$0$49,540,133
81$75,967,749$525,966$0$54,491,200
82$83,602,703$437,982$0$59,944,948
83$92,012,839$342,104$0$65,952,620
84$101,277,113$237,831$0$72,570,690
85$111,482,530$124,636$0$79,861,390
86$122,724,967$1,961$0$87,893,302
87$135,110,075$0$0$96,742,006
88$148,754,280$0$0$106,513,818
89$163,785,879$0$0$117,279,727
90$180,346,247$0$0$129,140,656
91$198,591,182$0$0$142,208,200
92$218,692,362$0$0$156,605,331
93$240,838,976$0$0$172,467,565
94$265,239,505$0$0$189,944,234
95$292,123,689$0$0$209,199,900
96$321,744,697$0$0$230,415,906
97$354,381,516$0$0$253,792,090
98$390,341,585$0$0$279,548,669
99$429,963,695$0$0$307,928,316
100$473,621,189$0$0$339,198,457