Can I retire at age 30 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$63,999$63,429$62,873$62,330$61,800$59,678
2 years$31,683$31,093$30,521$29,966$29,428$27,313
3 years$20,912$20,319$19,749$19,200$18,671$16,627
4 years$15,528$14,937$14,372$13,832$13,316$11,360
5 years$12,298$11,711$11,153$10,624$10,123$8,260
6 years$10,145$9,563$9,014$8,496$8,010$6,241
7 years$8,609$8,031$7,490$6,985$6,514$4,840
8 years$7,456$6,884$6,352$5,860$5,404$3,823
9 years$6,561$5,994$5,471$4,991$4,551$3,060
10 years$5,845$5,283$4,770$4,303$3,878$2,476
11 years$5,259$4,703$4,199$3,745$3,335$2,018
12 years$4,772$4,221$3,727$3,284$2,890$1,656
13 years$4,359$3,815$3,330$2,900$2,520$1,365
14 years$4,006$3,468$2,992$2,574$2,209$1,130
15 years$3,701$3,168$2,701$2,296$1,945$939
16 years$3,434$2,906$2,449$2,055$1,719$782
17 years$3,198$2,677$2,229$1,847$1,524$653
18 years$2,989$2,473$2,034$1,664$1,355$546
19 years$2,802$2,292$1,862$1,504$1,208$457
20 years$2,634$2,130$1,709$1,362$1,079$383
21 years$2,482$1,984$1,572$1,236$966$322
22 years$2,344$1,852$1,449$1,124$866$270
23 years$2,219$1,732$1,338$1,024$777$227
24 years$2,104$1,623$1,237$934$698$191
25 years$1,998$1,523$1,146$853$628$161
26 years$1,901$1,431$1,063$780$566$135
27 years$1,811$1,347$987$714$510$114
28 years$1,727$1,269$917$654$460$96
29 years$1,650$1,198$854$600$416$81
30 years$1,578$1,131$795$550$376$68
31 years$1,510$1,069$741$505$340$58
32 years$1,447$1,012$692$464$307$49
33 years$1,388$958$646$427$278$41
34 years$1,332$908$603$393$252$35
35 years$1,280$861$564$362$228$29
36 years$1,231$817$528$333$207$25
37 years$1,184$776$494$307$187$21
38 years$1,140$738$463$283$170$17
39 years$1,099$702$433$261$154$15
40 years$1,060$667$406$241$140$12
41 years$1,022$635$381$222$127$10
42 years$987$605$357$205$115$9
43 years$953$577$335$189$104$7
44 years$921$550$315$175$95$6
45 years$890$524$296$161$86$5
46 years$861$500$278$149$78$4
47 years$833$477$261$138$71$4
48 years$807$455$245$127$64$3
49 years$781$435$230$118$58$3
50 years$757$415$217$109$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $775,000, adding $2,753 every year, while hoping to spend $45,576 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: 80/7/13 Blend
29$775,000$775,000$775,000$775,000
30$856,890$815,815$803,802$923,080
31$895,800$807,297$782,237$958,449
32$937,152$796,835$758,422$991,073
33$981,145$784,284$732,233$1,025,559
34$1,028,001$769,493$703,542$1,062,071
35$1,077,960$752,301$672,214$1,100,793
36$1,131,285$732,537$638,106$1,141,926
37$1,188,266$710,021$601,072$1,185,690
38$1,249,219$684,561$560,958$1,232,332
39$1,314,491$655,957$517,602$1,282,120
40$1,384,463$623,993$470,836$1,335,352
41$1,459,553$588,443$420,483$1,392,356
42$1,540,219$549,069$366,362$1,453,495
43$1,626,965$505,616$308,278$1,519,167
44$1,720,343$457,819$246,032$1,589,814
45$1,820,959$405,393$179,415$1,665,922
46$1,929,479$348,040$108,209$1,748,026
47$2,046,637$285,445$32,184$1,836,719
48$2,173,235$217,273$0$1,932,653
49$2,310,159$143,173$0$2,043,338
50$2,458,380$62,773$0$2,167,986
51$2,618,965$0$0$2,303,039
52$2,793,089$0$0$2,451,375
53$2,982,045$0$0$2,617,612
54$3,187,252$0$0$2,798,164
55$3,410,273$0$0$2,994,410
56$3,652,826$0$0$3,207,865
57$3,916,803$0$0$3,440,194
58$4,204,285$0$0$3,693,233
59$4,517,560$0$0$3,968,998
60$4,859,150$0$0$4,269,713
61$5,231,826$0$0$4,597,820
62$5,638,643$0$0$4,956,011
63$6,082,960$0$0$5,347,248
64$6,568,476$0$0$5,774,791
65$7,099,264$0$0$6,242,230
66$7,679,807$0$0$6,753,518
67$8,315,043$0$0$7,313,007
68$9,010,409$0$0$7,925,488
69$9,771,889$0$0$8,596,239
70$10,606,076$0$0$9,331,071
71$11,520,230$0$0$10,136,383
72$12,522,346$0$0$11,019,224
73$13,621,231$0$0$11,987,355
74$14,826,582$0$0$13,049,327
75$16,149,083$0$0$14,214,558
76$17,600,499$0$0$15,493,419
77$19,193,793$0$0$16,897,336
78$20,943,241$0$0$18,438,896
79$22,864,571$0$0$20,131,964
80$24,975,107$0$0$21,991,811
81$27,293,936$0$0$24,035,264
82$29,842,084$0$0$26,280,859
83$32,642,715$0$0$28,749,015
84$35,721,347$0$0$31,462,230
85$39,106,095$0$0$34,445,288
86$42,827,934$0$0$37,725,496
87$46,920,991$0$0$41,332,939
88$51,422,865$0$0$45,300,765
89$56,374,982$0$0$49,665,491
90$61,822,985$0$0$54,467,358
91$67,817,164$0$0$59,750,699
92$74,412,928$0$0$65,564,362
93$81,671,330$0$0$71,962,170
94$89,659,641$0$0$79,003,427
95$98,451,980$0$0$86,753,477
96$108,130,021$0$0$95,284,321
97$118,783,753$0$0$104,675,294
98$130,512,337$0$0$115,013,813
99$143,425,035$0$0$126,396,203
100$157,642,242$0$0$138,928,603