Can I retire at age 30 with 777,000?

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 $777,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$64,164$63,592$63,035$62,491$61,959$60,144
2 years$31,764$31,173$30,599$30,044$29,504$27,691
3 years$20,966$20,372$19,800$19,249$18,719$16,963
4 years$15,568$14,975$14,409$13,868$13,350$11,666
5 years$12,330$11,741$11,182$10,652$10,149$8,541
6 years$10,172$9,587$9,037$8,518$8,030$6,500
7 years$8,631$8,051$7,510$7,003$6,531$5,078
8 years$7,476$6,902$6,369$5,875$5,418$4,041
9 years$6,578$6,009$5,485$5,004$4,563$3,261
10 years$5,860$5,297$4,782$4,314$3,888$2,660
11 years$5,273$4,715$4,210$3,754$3,344$2,187
12 years$4,784$4,232$3,737$3,293$2,897$1,810
13 years$4,371$3,825$3,338$2,907$2,527$1,505
14 years$4,017$3,477$3,000$2,581$2,215$1,258
15 years$3,710$3,176$2,708$2,301$1,950$1,054
16 years$3,442$2,914$2,455$2,061$1,723$886
17 years$3,206$2,684$2,234$1,852$1,528$747
18 years$2,997$2,480$2,040$1,669$1,359$631
19 years$2,809$2,298$1,867$1,508$1,211$533
20 years$2,641$2,136$1,714$1,366$1,082$452
21 years$2,489$1,989$1,576$1,239$968$383
22 years$2,350$1,857$1,453$1,127$868$325
23 years$2,224$1,737$1,341$1,026$779$276
24 years$2,109$1,627$1,240$936$700$235
25 years$2,003$1,527$1,149$855$630$199
26 years$1,906$1,435$1,066$782$567$170
27 years$1,815$1,351$989$715$512$144
28 years$1,732$1,273$920$655$462$123
29 years$1,654$1,201$856$601$417$105
30 years$1,582$1,134$797$552$377$89
31 years$1,514$1,072$743$507$341$76
32 years$1,451$1,014$694$466$308$65
33 years$1,391$960$648$428$279$55
34 years$1,336$910$605$394$252$47
35 years$1,283$863$566$363$229$40
36 years$1,234$820$529$334$207$34
37 years$1,187$778$495$308$188$29
38 years$1,143$740$464$284$170$25
39 years$1,102$703$435$262$154$21
40 years$1,062$669$407$241$140$18
41 years$1,025$637$382$223$127$15
42 years$989$607$358$205$115$13
43 years$955$578$336$190$105$11
44 years$923$551$316$175$95$10
45 years$892$525$296$162$86$8
46 years$863$501$278$149$78$7
47 years$835$478$261$138$71$6
48 years$809$457$246$127$65$5
49 years$783$436$231$118$59$4
50 years$759$417$217$109$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $777,000, adding $4,870 every year, while hoping to spend $43,060 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: 58/37/5 Blend
29$777,000$777,000$777,000$777,000
30$861,277$820,096$808,053$910,158
31$903,312$814,466$789,307$937,885
32$948,191$807,116$768,490$962,755
33$996,160$797,917$745,487$988,773
34$1,047,485$786,732$720,178$1,016,051
35$1,102,462$773,415$692,437$1,044,712
36$1,161,412$757,812$662,134$1,074,898
37$1,224,690$739,759$629,129$1,106,764
38$1,292,684$719,083$593,281$1,140,483
39$1,365,821$695,601$554,438$1,176,249
40$1,444,568$669,118$512,445$1,214,278
41$1,529,439$639,430$467,137$1,254,811
42$1,620,999$606,319$418,344$1,298,115
43$1,719,868$569,556$365,885$1,344,489
44$1,826,728$528,898$309,576$1,394,264
45$1,942,328$484,088$249,220$1,447,810
46$2,067,491$434,854$184,615$1,505,538
47$2,203,123$380,909$115,547$1,567,903
48$2,350,218$321,951$41,795$1,635,413
49$2,509,872$257,658$0$1,708,632
50$2,683,289$187,694$0$1,790,155
51$2,871,793$111,699$0$1,881,214
52$3,076,841$29,297$0$1,980,363
53$3,300,035$0$0$2,088,471
54$3,543,141$0$0$2,230,896
55$3,808,097$0$0$2,399,183
56$4,097,041$0$0$2,582,768
57$4,412,324$0$0$2,783,153
58$4,756,533$0$0$3,001,992
59$5,132,518$0$0$3,241,103
60$5,543,413$0$0$3,502,490
61$5,992,673$0$0$3,788,358
62$6,484,097$0$0$4,101,137
63$7,021,873$0$0$4,443,499
64$7,610,607$0$0$4,818,390
65$8,255,377$0$0$5,229,052
66$8,961,771$0$0$5,679,056
67$9,735,943$0$0$6,172,334
68$10,584,673$0$0$6,713,218
69$11,515,428$0$0$7,306,478
70$12,536,429$0$0$7,957,369
71$13,656,735$0$0$8,671,678
72$14,886,323$0$0$9,455,781
73$16,236,181$0$0$10,316,699
74$17,718,415$0$0$11,262,168
75$19,346,361$0$0$12,300,710
76$21,134,709$0$0$13,441,712
77$23,099,641$0$0$14,695,515
78$25,258,986$0$0$16,073,513
79$27,632,384$0$0$17,588,257
80$30,241,473$0$0$19,253,575
81$33,110,093$0$0$21,084,702
82$36,264,508$0$0$23,098,423
83$39,733,655$0$0$25,313,230
84$43,549,415$0$0$27,749,499
85$47,746,915$0$0$30,429,678
86$52,364,856$0$0$33,378,502
87$57,445,882$0$0$36,623,223
88$63,036,977$0$0$40,193,870
89$69,189,909$0$0$44,123,528
90$75,961,720$0$0$48,448,652
91$83,415,261$0$0$53,209,411
92$91,619,784$0$0$58,450,066
93$100,651,597$0$0$64,219,386
94$110,594,784$0$0$70,571,111
95$121,541,992$0$0$77,564,454
96$133,595,311$0$0$85,264,663
97$146,867,235$0$0$93,743,636
98$161,481,718$0$0$103,080,596
99$177,575,350$0$0$113,362,843
100$195,298,642$0$0$124,686,571