Can I retire at age 30 with 774,000?

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 $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%17.6%
1 years$63,916$63,347$62,791$62,249$61,720$59,816
2 years$31,642$31,052$30,481$29,928$29,390$27,489
3 years$20,885$20,293$19,723$19,175$18,646$16,807
4 years$15,508$14,918$14,354$13,814$13,299$11,536
5 years$12,282$11,696$11,139$10,611$10,110$8,427
6 years$10,132$9,550$9,002$8,486$7,999$6,399
7 years$8,597$8,020$7,481$6,976$6,506$4,988
8 years$7,447$6,875$6,344$5,852$5,397$3,961
9 years$6,552$5,986$5,464$4,985$4,545$3,188
10 years$5,837$5,276$4,764$4,297$3,873$2,594
11 years$5,253$4,697$4,194$3,740$3,331$2,127
12 years$4,766$4,216$3,722$3,280$2,886$1,756
13 years$4,354$3,810$3,325$2,896$2,517$1,457
14 years$4,001$3,463$2,988$2,571$2,206$1,213
15 years$3,696$3,164$2,698$2,293$1,943$1,014
16 years$3,429$2,903$2,446$2,053$1,717$850
17 years$3,194$2,673$2,226$1,844$1,522$714
18 years$2,985$2,470$2,032$1,662$1,354$601
19 years$2,798$2,289$1,860$1,502$1,206$507
20 years$2,631$2,127$1,707$1,360$1,078$428
21 years$2,479$1,981$1,570$1,235$964$362
22 years$2,341$1,850$1,447$1,122$864$306
23 years$2,216$1,730$1,336$1,022$776$259
24 years$2,101$1,621$1,236$932$697$220
25 years$1,995$1,521$1,144$851$628$186
26 years$1,898$1,430$1,061$779$565$158
27 years$1,808$1,345$986$713$510$134
28 years$1,725$1,268$916$653$460$114
29 years$1,648$1,196$853$599$415$96
30 years$1,576$1,129$794$550$375$82
31 years$1,508$1,068$740$505$339$70
32 years$1,445$1,010$691$464$307$59
33 years$1,386$957$645$427$278$50
34 years$1,331$907$603$392$251$43
35 years$1,278$860$563$361$228$36
36 years$1,229$816$527$333$206$31
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$19
40 years$1,058$667$406$240$139$16
41 years$1,021$635$380$222$127$14
42 years$985$604$357$205$115$12
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 $3,073 every year, while hoping to spend $25,928 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: 72/7/21 Blend
29$774,000$774,000$774,000$774,000
30$856,118$815,096$803,099$913,165
31$915,855$827,448$802,415$963,902
32$980,816$839,537$800,840$1,016,064
33$1,051,506$851,322$798,316$1,072,545
34$1,128,483$862,759$794,782$1,133,772
35$1,212,357$873,804$790,176$1,200,212
36$1,303,803$884,405$784,433$1,272,384
37$1,403,561$894,512$777,482$1,350,855
38$1,512,448$904,067$769,251$1,436,253
39$1,631,362$913,010$759,665$1,529,271
40$1,761,292$921,278$748,645$1,630,671
41$1,903,325$928,802$736,106$1,741,293
42$2,058,661$935,510$721,962$1,862,065
43$2,228,619$941,325$706,122$1,994,008
44$2,414,651$946,163$688,491$2,138,248
45$2,618,359$949,938$668,968$2,296,027
46$2,841,503$952,557$647,450$2,468,713
47$3,086,024$953,920$623,828$2,657,815
48$3,354,059$953,923$597,986$2,864,997
49$3,647,961$952,453$569,807$3,092,090
50$3,970,323$949,393$539,165$3,341,117
51$4,323,998$944,616$505,930$3,614,305
52$4,712,133$937,989$469,966$3,914,110
53$5,138,191$929,371$431,130$4,243,240
54$5,605,988$918,611$389,274$4,604,679
55$6,119,726$905,551$344,242$5,001,715
56$6,684,037$890,021$295,873$5,437,977
57$7,304,020$871,844$243,996$5,917,461
58$7,985,295$850,829$188,435$6,444,574
59$8,734,053$826,777$129,005$7,024,172
60$9,557,113$799,476$65,514$7,661,610
61$10,461,989$768,701$0$8,362,789
62$11,456,959$734,215$0$9,134,717
63$12,551,143$695,765$0$9,999,761
64$13,754,590$653,088$0$10,951,178
65$15,078,370$605,901$0$11,997,731
66$16,534,681$553,907$0$13,149,076
67$18,136,962$496,793$0$14,415,854
68$19,900,023$434,226$0$15,809,789
69$21,840,177$365,855$0$17,343,800
70$23,975,404$291,311$0$19,032,125
71$26,325,511$210,201$0$20,890,450
72$28,912,324$122,112$0$22,936,063
73$31,759,893$26,607$0$25,188,012
74$34,894,717$0$0$27,667,290
75$38,345,996$0$0$30,402,942
76$42,145,903$0$0$33,417,238
77$46,329,893$0$0$36,736,258
78$50,937,030$0$0$40,390,997
79$56,010,362$0$0$44,415,611
80$61,597,324$0$0$48,847,734
81$67,750,183$0$0$53,728,839
82$74,526,537$0$0$59,104,623
83$81,989,853$0$0$65,025,443
84$90,210,068$0$0$71,546,790
85$99,264,248$0$0$78,729,810
86$109,237,316$0$0$86,641,883
87$120,222,853$0$0$95,357,259
88$132,323,979$0$0$104,957,757
89$145,654,330$0$0$115,533,539
90$160,339,125$0$0$127,183,958
91$176,516,354$0$0$140,018,500
92$194,338,073$0$0$154,157,810
93$213,971,844$0$0$169,734,839
94$235,602,315$0$0$186,896,093
95$259,432,963$0$0$205,803,016
96$285,688,012$0$0$226,633,515
97$314,614,553$0$0$249,583,642
98$346,484,870$0$0$274,869,436
99$381,599,019$0$0$302,728,973
100$420,287,650$0$0$333,424,601