Can I retire at age 30 with 773,000?

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 $773,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$63,834$63,265$62,710$62,169$61,640$60,870
2 years$31,601$31,012$30,442$29,889$29,352$28,577
3 years$20,858$20,267$19,698$19,150$18,622$17,867
4 years$15,488$14,898$14,335$13,797$13,282$12,551
5 years$12,266$11,680$11,125$10,597$10,096$9,393
6 years$10,119$9,538$8,990$8,475$7,989$7,314
7 years$8,586$8,010$7,471$6,967$6,497$5,850
8 years$7,437$6,866$6,336$5,845$5,390$4,771
9 years$6,544$5,978$5,457$4,978$4,539$3,949
10 years$5,830$5,269$4,758$4,291$3,868$3,305
11 years$5,246$4,691$4,189$3,735$3,326$2,790
12 years$4,759$4,210$3,717$3,276$2,882$2,373
13 years$4,348$3,805$3,321$2,892$2,514$2,030
14 years$3,996$3,459$2,984$2,567$2,203$1,745
15 years$3,691$3,160$2,694$2,290$1,940$1,506
16 years$3,425$2,899$2,443$2,050$1,715$1,304
17 years$3,190$2,670$2,223$1,842$1,520$1,133
18 years$2,981$2,467$2,029$1,660$1,352$986
19 years$2,795$2,286$1,858$1,500$1,205$860
20 years$2,627$2,125$1,705$1,359$1,076$752
21 years$2,476$1,979$1,568$1,233$963$658
22 years$2,338$1,847$1,445$1,121$863$577
23 years$2,213$1,728$1,334$1,021$775$506
24 years$2,098$1,619$1,234$931$697$445
25 years$1,993$1,519$1,143$850$627$391
26 years$1,896$1,428$1,060$778$565$344
27 years$1,806$1,344$984$712$509$303
28 years$1,723$1,266$915$652$459$267
29 years$1,646$1,194$852$598$415$235
30 years$1,573$1,128$793$549$375$208
31 years$1,506$1,066$739$504$339$183
32 years$1,443$1,009$690$463$306$162
33 years$1,384$956$644$426$277$143
34 years$1,329$906$602$392$251$126
35 years$1,277$859$563$361$227$111
36 years$1,228$815$526$332$206$98
37 years$1,181$774$493$306$187$87
38 years$1,138$736$461$282$169$77
39 years$1,096$700$432$260$154$68
40 years$1,057$666$405$240$139$60
41 years$1,020$634$380$221$126$53
42 years$984$604$356$204$115$47
43 years$950$575$334$189$104$42
44 years$918$548$314$174$94$37
45 years$888$523$295$161$86$32
46 years$859$499$277$149$78$29
47 years$831$476$260$137$71$25
48 years$804$454$244$127$64$22
49 years$779$434$230$117$58$20
50 years$755$414$216$108$53$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $773,000, adding $4,371 every year, while hoping to spend $47,267 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: 45/25/30 Blend
29$773,000$773,000$773,000$773,000
30$856,355$815,386$803,404$887,289
31$893,411$805,048$780,027$899,444
32$932,663$792,619$754,281$907,775
33$974,285$777,948$726,040$915,923
34$1,018,466$760,872$695,167$923,897
35$1,065,416$741,220$661,521$931,712
36$1,115,360$718,812$624,954$939,388
37$1,168,550$693,456$585,312$946,950
38$1,225,256$664,950$542,434$954,431
39$1,285,778$633,078$496,152$961,870
40$1,350,443$597,615$446,289$969,315
41$1,419,609$558,319$392,661$976,825
42$1,493,671$514,938$335,076$984,468
43$1,573,058$467,203$273,334$992,327
44$1,658,244$414,830$207,225$1,000,496
45$1,749,749$357,521$136,530$1,009,086
46$1,848,141$294,957$61,022$1,018,227
47$1,954,047$226,805$0$1,028,067
48$2,068,153$152,712$0$1,045,039
49$2,191,214$72,304$0$1,084,328
50$2,324,058$0$0$1,126,690
51$2,467,597$0$0$1,176,541
52$2,622,832$0$0$1,252,036
53$2,790,861$0$0$1,333,831
54$2,972,896$0$0$1,422,522
55$3,170,265$0$0$1,518,767
56$3,384,431$0$0$1,623,291
57$3,617,002$0$0$1,736,889
58$3,869,746$0$0$1,860,436
59$4,144,611$0$0$1,994,897
60$4,443,737$0$0$2,141,330
61$4,769,480$0$0$2,300,903
62$5,124,432$0$0$2,474,899
63$5,511,445$0$0$2,664,730
64$5,933,660$0$0$2,871,952
65$6,394,532$0$0$3,098,276
66$6,897,865$0$0$3,345,587
67$7,447,848$0$0$3,615,959
68$8,049,091$0$0$3,911,676
69$8,706,670$0$0$4,235,254
70$9,426,174$0$0$4,589,461
71$10,213,758$0$0$4,977,346
72$11,076,197$0$0$5,402,269
73$12,020,955$0$0$5,867,926
74$13,056,251$0$0$6,378,392
75$14,191,135$0$0$6,938,150
76$15,435,577$0$0$7,552,143
77$16,800,556$0$0$8,225,812
78$18,298,164$0$0$8,965,150
79$19,941,723$0$0$9,776,760
80$21,745,906$0$0$10,667,915
81$23,726,873$0$0$11,646,627
82$25,902,431$0$0$12,721,721
83$28,292,191$0$0$13,902,919
84$30,917,759$0$0$15,200,932
85$33,802,938$0$0$16,627,560
86$36,973,950$0$0$18,195,802
87$40,459,683$0$0$19,919,981
88$44,291,963$0$0$21,815,873
89$48,505,857$0$0$23,900,865
90$53,139,995$0$0$26,194,109
91$58,236,941$0$0$28,716,707
92$63,843,591$0$0$31,491,910
93$70,011,613$0$0$34,545,336
94$76,797,936$0$0$37,905,211
95$84,265,287$0$0$41,602,635
96$92,482,777$0$0$45,671,876
97$101,526,557$0$0$50,150,692
98$111,480,536$0$0$55,080,685
99$122,437,165$0$0$60,507,698
100$134,498,317$0$0$66,482,244