Can I retire at age 30 with 774,000?

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 $774,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$63,916$63,347$62,791$62,249$61,720$59,792
2 years$31,642$31,052$30,481$29,928$29,390$27,465
3 years$20,885$20,293$19,723$19,175$18,646$16,785
4 years$15,508$14,918$14,354$13,814$13,299$11,514
5 years$12,282$11,696$11,139$10,611$10,110$8,407
6 years$10,132$9,550$9,002$8,486$7,999$6,381
7 years$8,597$8,020$7,481$6,976$6,506$4,970
8 years$7,447$6,875$6,344$5,852$5,397$3,944
9 years$6,552$5,986$5,464$4,985$4,545$3,173
10 years$5,837$5,276$4,764$4,297$3,873$2,580
11 years$5,253$4,697$4,194$3,740$3,331$2,114
12 years$4,766$4,216$3,722$3,280$2,886$1,744
13 years$4,354$3,810$3,325$2,896$2,517$1,446
14 years$4,001$3,463$2,988$2,571$2,206$1,204
15 years$3,696$3,164$2,698$2,293$1,943$1,006
16 years$3,429$2,903$2,446$2,053$1,717$842
17 years$3,194$2,673$2,226$1,844$1,522$707
18 years$2,985$2,470$2,032$1,662$1,354$595
19 years$2,798$2,289$1,860$1,502$1,206$501
20 years$2,631$2,127$1,707$1,360$1,078$423
21 years$2,479$1,981$1,570$1,235$964$357
22 years$2,341$1,850$1,447$1,122$864$302
23 years$2,216$1,730$1,336$1,022$776$255
24 years$2,101$1,621$1,236$932$697$216
25 years$1,995$1,521$1,144$851$628$183
26 years$1,898$1,430$1,061$779$565$155
27 years$1,808$1,345$986$713$510$132
28 years$1,725$1,268$916$653$460$112
29 years$1,648$1,196$853$599$415$95
30 years$1,576$1,129$794$550$375$80
31 years$1,508$1,068$740$505$339$68
32 years$1,445$1,010$691$464$307$58
33 years$1,386$957$645$427$278$49
34 years$1,331$907$603$392$251$42
35 years$1,278$860$563$361$228$35
36 years$1,229$816$527$333$206$30
37 years$1,183$775$493$307$187$26
38 years$1,139$737$462$283$170$22
39 years$1,098$701$433$261$154$18
40 years$1,058$667$406$240$139$16
41 years$1,021$635$380$222$127$13
42 years$985$604$357$205$115$11
43 years$952$576$335$189$104$10
44 years$920$549$314$174$95$8
45 years$889$523$295$161$86$7
46 years$860$499$277$149$78$6
47 years$832$476$260$137$71$5
48 years$805$455$245$127$64$4
49 years$780$434$230$117$58$4
50 years$756$415$216$108$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $774,000, adding $2,138 every year, while hoping to spend $50,863 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: 34/43/23 Blend
29$774,000$774,000$774,000$774,000
30$855,153$814,131$802,134$878,170
31$888,261$799,906$774,888$881,256
32$923,041$783,279$745,024$879,797
33$959,610$764,078$712,402$877,195
34$998,096$742,124$676,872$873,381
35$1,038,636$717,222$638,282$868,284
36$1,081,381$689,170$596,469$861,830
37$1,126,496$657,753$551,264$853,943
38$1,174,159$622,744$502,492$844,546
39$1,224,566$583,900$449,968$833,561
40$1,277,929$540,969$393,499$820,906
41$1,334,482$493,681$332,885$806,499
42$1,394,478$441,750$267,917$790,259
43$1,458,197$384,878$198,373$772,101
44$1,525,941$322,745$124,027$751,942
45$1,598,044$255,017$44,639$729,698
46$1,674,870$181,338$0$705,287
47$1,756,818$101,335$0$688,465
48$1,844,324$14,611$0$681,645
49$1,937,868$0$0$673,853
50$2,037,974$0$0$702,584
51$2,145,218$0$0$740,845
52$2,260,231$0$0$781,956
53$2,383,706$0$0$826,175
54$2,516,402$0$0$873,784
55$2,659,155$0$0$925,095
56$2,812,879$0$0$980,449
57$2,978,583$0$0$1,040,220
58$3,157,369$0$0$1,104,820
59$3,350,454$0$0$1,174,702
60$3,559,171$0$0$1,250,364
61$3,784,986$0$0$1,332,352
62$4,029,512$0$0$1,421,268
63$4,294,521$0$0$1,517,774
64$4,581,962$0$0$1,622,596
65$4,893,979$0$0$1,736,536
66$5,232,927$0$0$1,860,474
67$5,601,401$0$0$1,995,377
68$6,002,253$0$0$2,142,312
69$6,438,621$0$0$2,302,453
70$6,913,959$0$0$2,477,088
71$7,432,067$0$0$2,667,640
72$7,997,128$0$0$2,875,671
73$8,613,746$0$0$3,102,904
74$9,286,987$0$0$3,351,232
75$10,022,430$0$0$3,622,743
76$10,826,216$0$0$3,919,733
77$11,705,105$0$0$4,244,731
78$12,666,541$0$0$4,600,522
79$13,718,720$0$0$4,990,173
80$14,870,668$0$0$5,417,062
81$16,132,322$0$0$5,884,906
82$17,514,628$0$0$6,397,802
83$19,029,638$0$0$6,960,262
84$20,690,628$0$0$7,577,254
85$22,512,218$0$0$8,254,251
86$24,510,511$0$0$8,997,282
87$26,703,244$0$0$9,812,986
88$29,109,955$0$0$10,708,679
89$31,752,164$0$0$11,692,417
90$34,653,578$0$0$12,773,078
91$37,840,311$0$0$13,960,439
92$41,341,131$0$0$15,265,273
93$45,187,729$0$0$16,699,447
94$49,415,020$0$0$18,276,036
95$54,061,465$0$0$20,009,444
96$59,169,440$0$0$21,915,542
97$64,785,631$0$0$24,011,813
98$70,961,471$0$0$26,317,522
99$77,753,630$0$0$28,853,893
100$85,224,543$0$0$31,644,311