Can I retire at age 30 with 776,000?

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 $776,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$64,081$63,511$62,954$62,410$61,879$60,605
2 years$31,723$31,133$30,560$30,005$29,466$28,188
3 years$20,939$20,346$19,774$19,224$18,695$17,453
4 years$15,548$14,956$14,391$13,850$13,333$12,137
5 years$12,314$11,726$11,168$10,638$10,136$8,989
6 years$10,159$9,575$9,025$8,507$8,020$6,923
7 years$8,620$8,041$7,500$6,994$6,522$5,476
8 years$7,466$6,893$6,361$5,867$5,411$4,415
9 years$6,569$6,001$5,478$4,998$4,557$3,610
10 years$5,852$5,290$4,776$4,308$3,883$2,985
11 years$5,266$4,709$4,205$3,749$3,339$2,489
12 years$4,778$4,227$3,732$3,289$2,894$2,090
13 years$4,365$3,820$3,334$2,903$2,523$1,764
14 years$4,012$3,472$2,996$2,577$2,212$1,496
15 years$3,706$3,172$2,705$2,299$1,948$1,274
16 years$3,438$2,910$2,452$2,058$1,721$1,088
17 years$3,202$2,680$2,231$1,849$1,526$931
18 years$2,993$2,476$2,037$1,666$1,357$799
19 years$2,806$2,295$1,865$1,506$1,210$687
20 years$2,637$2,133$1,711$1,364$1,080$592
21 years$2,485$1,987$1,574$1,238$967$510
22 years$2,347$1,854$1,451$1,125$867$440
23 years$2,222$1,734$1,340$1,025$778$381
24 years$2,106$1,625$1,239$935$699$329
25 years$2,001$1,525$1,147$854$629$285
26 years$1,903$1,433$1,064$781$567$247
27 years$1,813$1,349$988$714$511$214
28 years$1,730$1,271$919$655$461$185
29 years$1,652$1,199$855$600$416$161
30 years$1,580$1,132$796$551$376$139
31 years$1,512$1,070$742$506$340$121
32 years$1,449$1,013$693$465$308$105
33 years$1,390$959$647$428$278$91
34 years$1,334$909$604$393$252$79
35 years$1,282$862$565$362$228$69
36 years$1,232$818$528$334$207$60
37 years$1,186$777$495$307$187$52
38 years$1,142$739$463$283$170$45
39 years$1,100$702$434$261$154$39
40 years$1,061$668$407$241$140$34
41 years$1,023$636$381$222$127$30
42 years$988$606$358$205$115$26
43 years$954$577$336$189$104$22
44 years$922$550$315$175$95$19
45 years$891$525$296$161$86$17
46 years$862$501$278$149$78$15
47 years$834$478$261$138$71$13
48 years$808$456$245$127$64$11
49 years$782$435$231$118$59$10
50 years$758$416$217$109$53$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $776,000, adding $4,022 every year, while hoping to spend $37,230 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: 85/6/9 Blend
29$776,000$776,000$776,000$776,000
30$859,301$818,173$806,145$931,002
31$907,337$818,651$793,538$978,910
32$959,025$817,904$779,261$1,026,067
33$1,014,698$815,834$763,219$1,076,713
34$1,074,723$812,335$745,312$1,131,174
35$1,139,500$807,295$725,436$1,189,812
36$1,209,472$800,596$703,481$1,253,022
37$1,285,124$792,111$679,333$1,321,240
38$1,366,989$781,707$652,874$1,394,947
39$1,455,655$769,243$623,978$1,474,671
40$1,551,765$754,570$592,514$1,560,996
41$1,656,029$737,527$558,347$1,654,562
42$1,769,226$717,949$521,334$1,756,076
43$1,892,214$695,655$481,326$1,866,317
44$2,025,937$670,459$438,168$1,986,143
45$2,171,432$642,161$391,696$2,116,497
46$2,329,841$610,550$341,740$2,258,422
47$2,502,421$575,403$288,125$2,413,062
48$2,690,555$536,485$230,664$2,581,683
49$2,895,764$493,545$169,164$2,765,675
50$3,119,724$446,321$103,423$2,966,573
51$3,364,279$394,533$33,230$3,186,067
52$3,631,458$337,888$0$3,426,020
53$3,923,495$276,073$0$3,692,486
54$4,242,852$208,762$0$3,987,390
55$4,592,237$135,605$0$4,310,054
56$4,974,633$56,237$0$4,663,247
57$5,393,323$0$0$5,050,023
58$5,851,926$0$0$5,475,706
59$6,354,422$0$0$5,946,212
60$6,905,200$0$0$6,461,937
61$7,509,090$0$0$7,027,407
62$8,171,413$0$0$7,647,605
63$8,898,030$0$0$8,328,020
64$9,695,394$0$0$9,074,698
65$10,570,618$0$0$9,894,300
66$11,531,533$0$0$10,794,163
67$12,586,766$0$0$11,782,366
68$13,745,823$0$0$12,867,813
69$15,019,172$0$0$14,060,310
70$16,418,348$0$0$15,370,661
71$17,956,057$0$0$16,810,769
72$19,646,298$0$0$18,393,745
73$21,504,494$0$0$20,134,035
74$23,547,635$0$0$22,047,555
75$25,794,442$0$0$24,151,839
76$28,265,539$0$0$26,466,206
77$30,983,649$0$0$29,011,941
78$33,973,811$0$0$31,812,497
79$37,263,608$0$0$34,893,710
80$40,883,435$0$0$38,284,053
81$44,866,782$0$0$42,014,892
82$49,250,547$0$0$46,120,792
83$54,075,387$0$0$50,639,836
84$59,386,101$0$0$55,613,986
85$65,232,052$0$0$61,089,480
86$71,667,630$0$0$67,117,263
87$78,752,766$0$0$73,753,476
88$86,553,500$0$0$81,059,975
89$95,142,600$0$0$89,104,922
90$104,600,248$0$0$97,963,424
91$115,014,799$0$0$107,718,241
92$126,483,612$0$0$118,460,570
93$139,113,968$0$0$130,290,902
94$153,024,086$0$0$143,319,968
95$168,344,231$0$0$157,669,791
96$185,217,949$0$0$173,474,827
97$203,803,418$0$0$190,883,244
98$224,274,942$0$0$210,058,309
99$246,824,594$0$0$231,179,937
100$271,664,030$0$0$254,446,385