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%14%
1 years$64,164$63,592$63,035$62,491$61,959$60,933
2 years$31,764$31,173$30,599$30,044$29,504$28,473
3 years$20,966$20,372$19,800$19,249$18,719$17,715
4 years$15,568$14,975$14,409$13,868$13,350$12,382
5 years$12,330$11,741$11,182$10,652$10,149$9,218
6 years$10,172$9,587$9,037$8,518$8,030$7,139
7 years$8,631$8,051$7,510$7,003$6,531$5,678
8 years$7,476$6,902$6,369$5,875$5,418$4,605
9 years$6,578$6,009$5,485$5,004$4,563$3,788
10 years$5,860$5,297$4,782$4,314$3,888$3,151
11 years$5,273$4,715$4,210$3,754$3,344$2,644
12 years$4,784$4,232$3,737$3,293$2,897$2,234
13 years$4,371$3,825$3,338$2,907$2,527$1,899
14 years$4,017$3,477$3,000$2,581$2,215$1,621
15 years$3,710$3,176$2,708$2,301$1,950$1,390
16 years$3,442$2,914$2,455$2,061$1,723$1,195
17 years$3,206$2,684$2,234$1,852$1,528$1,031
18 years$2,997$2,480$2,040$1,669$1,359$891
19 years$2,809$2,298$1,867$1,508$1,211$772
20 years$2,641$2,136$1,714$1,366$1,082$669
21 years$2,489$1,989$1,576$1,239$968$582
22 years$2,350$1,857$1,453$1,127$868$506
23 years$2,224$1,737$1,341$1,026$779$441
24 years$2,109$1,627$1,240$936$700$384
25 years$2,003$1,527$1,149$855$630$335
26 years$1,906$1,435$1,066$782$567$292
27 years$1,815$1,351$989$715$512$255
28 years$1,732$1,273$920$655$462$223
29 years$1,654$1,201$856$601$417$195
30 years$1,582$1,134$797$552$377$171
31 years$1,514$1,072$743$507$341$149
32 years$1,451$1,014$694$466$308$131
33 years$1,391$960$648$428$279$115
34 years$1,336$910$605$394$252$100
35 years$1,283$863$566$363$229$88
36 years$1,234$820$529$334$207$77
37 years$1,187$778$495$308$188$67
38 years$1,143$740$464$284$170$59
39 years$1,102$703$435$262$154$52
40 years$1,062$669$407$241$140$45
41 years$1,025$637$382$223$127$40
42 years$989$607$358$205$115$35
43 years$955$578$336$190$105$31
44 years$923$551$316$175$95$27
45 years$892$525$296$162$86$24
46 years$863$501$278$149$78$21
47 years$835$478$261$138$71$18
48 years$809$457$246$127$65$16
49 years$783$436$231$118$59$14
50 years$759$417$217$109$53$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $777,000, adding $6,222 every year, while hoping to spend $22,485 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: 80/6/14 Blend
29$777,000$777,000$777,000$777,000
30$862,672$821,491$809,447$928,783
31$926,741$837,820$812,640$989,463
32$996,591$854,196$815,186$1,052,509
33$1,072,788$870,597$817,040$1,121,054
34$1,155,956$886,999$818,154$1,195,640
35$1,246,780$903,379$818,479$1,276,862
36$1,346,014$919,707$817,961$1,365,376
37$1,454,491$935,956$816,546$1,461,906
38$1,573,125$952,093$814,175$1,567,247
39$1,702,922$968,085$810,789$1,682,277
40$1,844,994$983,894$806,324$1,807,962
41$2,000,560$999,482$800,713$1,945,367
42$2,170,967$1,014,806$793,886$2,095,666
43$2,357,695$1,029,821$785,771$2,260,151
44$2,562,375$1,044,478$776,290$2,440,246
45$2,786,806$1,058,726$765,364$2,637,520
46$3,032,965$1,072,508$752,909$2,853,703
47$3,303,032$1,085,766$738,836$3,090,700
48$3,599,408$1,098,436$723,054$3,350,609
49$3,924,738$1,110,449$705,466$3,635,746
50$4,281,935$1,121,735$685,973$3,948,657
51$4,674,207$1,132,214$664,468$4,292,154
52$5,105,090$1,141,806$640,841$4,669,330
53$5,578,477$1,150,423$614,977$5,083,597
54$6,098,659$1,157,971$586,756$5,538,714
55$6,670,361$1,164,350$556,051$6,038,823
56$7,298,790$1,169,456$522,732$6,588,489
57$7,989,684$1,173,176$486,660$7,192,741
58$8,749,360$1,175,390$447,691$7,857,123
59$9,584,782$1,175,972$405,677$8,587,744
60$10,503,621$1,174,786$360,458$9,391,336
61$11,514,330$1,171,690$311,873$10,275,317
62$12,626,220$1,166,531$259,749$11,247,863
63$13,849,552$1,159,149$203,908$12,317,984
64$15,195,630$1,149,371$144,163$13,495,609
65$16,676,912$1,137,017$80,320$14,791,678
66$18,307,121$1,121,895$12,174$16,218,252
67$20,101,380$1,103,801$0$17,788,618
68$22,076,351$1,082,518$0$19,526,465
69$24,250,396$1,057,818$0$21,441,417
70$26,643,744$1,029,459$0$23,549,472
71$29,278,688$997,184$0$25,870,267
72$32,179,791$960,723$0$28,425,439
73$35,374,118$919,787$0$31,238,832
74$38,891,494$874,073$0$34,336,720
75$42,764,783$823,259$0$37,748,055
76$47,030,197$767,005$0$41,504,740
77$51,727,642$704,952$0$45,641,933
78$56,901,087$636,720$0$50,198,373
79$62,598,986$561,908$0$55,216,753
80$68,874,731$480,090$0$60,744,115
81$75,787,158$390,819$0$66,832,301
82$83,401,099$293,620$0$73,538,436
83$91,787,997$187,993$0$80,925,475
84$101,026,578$73,411$0$89,062,786
85$111,203,596$0$0$98,026,818
86$122,414,646$0$0$107,905,157
87$134,765,075$0$0$118,792,804
88$148,370,968$0$0$130,787,252
89$163,360,247$0$0$144,001,278
90$179,873,879$0$0$158,559,156
91$198,067,204$0$0$174,597,836
92$218,111,403$0$0$192,268,229
93$240,195,114$0$0$211,736,636
94$264,526,207$0$0$233,186,318
95$291,333,755$0$0$256,819,222
96$320,870,188$0$0$282,857,892
97$353,413,679$0$0$311,547,563
98$389,270,770$0$0$343,158,484
99$428,779,265$0$0$377,988,460
100$472,311,416$0$0$416,365,670