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%13.8%
1 years$64,081$63,511$62,954$62,410$61,879$60,904
2 years$31,723$31,133$30,560$30,005$29,466$28,487
3 years$20,939$20,346$19,774$19,224$18,695$17,741
4 years$15,548$14,956$14,391$13,850$13,333$12,412
5 years$12,314$11,726$11,168$10,638$10,136$9,250
6 years$10,159$9,575$9,025$8,507$8,020$7,172
7 years$8,620$8,041$7,500$6,994$6,522$5,711
8 years$7,466$6,893$6,361$5,867$5,411$4,636
9 years$6,569$6,001$5,478$4,998$4,557$3,819
10 years$5,852$5,290$4,776$4,308$3,883$3,180
11 years$5,266$4,709$4,205$3,749$3,339$2,672
12 years$4,778$4,227$3,732$3,289$2,894$2,261
13 years$4,365$3,820$3,334$2,903$2,523$1,924
14 years$4,012$3,472$2,996$2,577$2,212$1,645
15 years$3,706$3,172$2,705$2,299$1,948$1,412
16 years$3,438$2,910$2,452$2,058$1,721$1,216
17 years$3,202$2,680$2,231$1,849$1,526$1,050
18 years$2,993$2,476$2,037$1,666$1,357$909
19 years$2,806$2,295$1,865$1,506$1,210$788
20 years$2,637$2,133$1,711$1,364$1,080$685
21 years$2,485$1,987$1,574$1,238$967$596
22 years$2,347$1,854$1,451$1,125$867$519
23 years$2,222$1,734$1,340$1,025$778$453
24 years$2,106$1,625$1,239$935$699$395
25 years$2,001$1,525$1,147$854$629$346
26 years$1,903$1,433$1,064$781$567$302
27 years$1,813$1,349$988$714$511$264
28 years$1,730$1,271$919$655$461$231
29 years$1,652$1,199$855$600$416$203
30 years$1,580$1,132$796$551$376$178
31 years$1,512$1,070$742$506$340$156
32 years$1,449$1,013$693$465$308$136
33 years$1,390$959$647$428$278$120
34 years$1,334$909$604$393$252$105
35 years$1,282$862$565$362$228$92
36 years$1,232$818$528$334$207$81
37 years$1,186$777$495$307$187$71
38 years$1,142$739$463$283$170$62
39 years$1,100$702$434$261$154$55
40 years$1,061$668$407$241$140$48
41 years$1,023$636$381$222$127$42
42 years$988$606$358$205$115$37
43 years$954$577$336$189$104$33
44 years$922$550$315$175$95$29
45 years$891$525$296$161$86$25
46 years$862$501$278$149$78$22
47 years$834$478$261$138$71$19
48 years$808$456$245$127$64$17
49 years$782$435$231$118$59$15
50 years$758$416$217$109$53$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $776,000, adding $2,909 every year, while hoping to spend $38,613 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: 50/24/26 Blend
29$776,000$776,000$776,000$776,000
30$858,153$817,025$804,997$894,632
31$904,600$815,975$790,880$919,318
32$954,491$813,580$774,996$942,030
33$1,008,137$809,732$757,246$965,945
34$1,065,877$804,319$737,524$991,196
35$1,128,086$797,220$715,720$1,017,929
36$1,195,175$788,309$691,722$1,046,307
37$1,267,596$777,449$665,408$1,076,515
38$1,345,846$764,499$636,654$1,108,755
39$1,430,469$749,306$605,328$1,143,254
40$1,522,065$731,710$571,295$1,180,267
41$1,621,292$711,541$534,410$1,220,075
42$1,728,877$688,619$494,526$1,262,992
43$1,845,614$662,754$451,485$1,309,367
44$1,972,382$633,743$405,124$1,359,589
45$2,110,143$601,375$355,273$1,414,089
46$2,259,957$565,422$301,755$1,473,347
47$2,422,992$525,647$244,383$1,537,896
48$2,600,531$481,797$182,963$1,608,329
49$2,793,986$433,606$117,294$1,685,300
50$3,004,912$380,792$47,163$1,769,541
51$3,235,019$323,058$0$1,861,858
52$3,486,191$260,088$0$1,970,829
53$3,760,501$191,550$0$2,104,228
54$4,060,229$117,093$0$2,250,129
55$4,387,889$36,347$0$2,409,820
56$4,746,246$0$0$2,584,726
57$5,138,345$0$0$2,789,912
58$5,567,540$0$0$3,025,097
59$6,037,523$0$0$3,282,715
60$6,552,360$0$0$3,565,006
61$7,116,529$0$0$3,874,435
62$7,734,962$0$0$4,213,718
63$8,413,091$0$0$4,585,847
64$9,156,897$0$0$4,994,116
65$9,972,970$0$0$5,442,156
66$10,868,567$0$0$5,933,962
67$11,851,684$0$0$6,473,939
68$12,931,127$0$0$7,066,937
69$14,116,595$0$0$7,718,299
70$15,418,775$0$0$8,433,912
71$16,849,440$0$0$9,220,261
72$18,421,559$0$0$10,084,489
73$20,149,418$0$0$11,034,467
74$22,048,757$0$0$12,078,866
75$24,136,918$0$0$13,227,238
76$26,433,007$0$0$14,490,108
77$28,958,071$0$0$15,879,072
78$31,735,302$0$0$17,406,906
79$34,790,250$0$0$19,087,687
80$38,151,069$0$0$20,936,923
81$41,848,777$0$0$22,971,704
82$45,917,549$0$0$25,210,858
83$50,395,041$0$0$27,675,130
84$55,322,746$0$0$30,387,381
85$60,746,381$0$0$33,372,796
86$66,716,318$0$0$36,659,131
87$73,288,064$0$0$40,276,963
88$80,522,779$0$0$44,259,991
89$88,487,853$0$0$48,645,343
90$97,257,545$0$0$53,473,933
91$106,913,680$0$0$58,790,841
92$117,546,420$0$0$64,645,745
93$129,255,118$0$0$71,093,384
94$142,149,249$0$0$78,194,076
95$156,349,451$0$0$86,014,287
96$171,988,654$0$0$94,627,258
97$189,213,340$0$0$104,113,698
98$208,184,921$0$0$114,562,539
99$229,081,267$0$0$126,071,784
100$252,098,376$0$0$138,749,424