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%16.3%
1 years$64,164$63,592$63,035$62,491$61,959$60,363
2 years$31,764$31,173$30,599$30,044$29,504$27,907
3 years$20,966$20,372$19,800$19,249$18,719$17,170
4 years$15,568$14,975$14,409$13,868$13,350$11,862
5 years$12,330$11,741$11,182$10,652$10,149$8,725
6 years$10,172$9,587$9,037$8,518$8,030$6,673
7 years$8,631$8,051$7,510$7,003$6,531$5,240
8 years$7,476$6,902$6,369$5,875$5,418$4,192
9 years$6,578$6,009$5,485$5,004$4,563$3,402
10 years$5,860$5,297$4,782$4,314$3,888$2,790
11 years$5,273$4,715$4,210$3,754$3,344$2,307
12 years$4,784$4,232$3,737$3,293$2,897$1,921
13 years$4,371$3,825$3,338$2,907$2,527$1,607
14 years$4,017$3,477$3,000$2,581$2,215$1,351
15 years$3,710$3,176$2,708$2,301$1,950$1,140
16 years$3,442$2,914$2,455$2,061$1,723$964
17 years$3,206$2,684$2,234$1,852$1,528$818
18 years$2,997$2,480$2,040$1,669$1,359$695
19 years$2,809$2,298$1,867$1,508$1,211$592
20 years$2,641$2,136$1,714$1,366$1,082$505
21 years$2,489$1,989$1,576$1,239$968$431
22 years$2,350$1,857$1,453$1,127$868$368
23 years$2,224$1,737$1,341$1,026$779$315
24 years$2,109$1,627$1,240$936$700$270
25 years$2,003$1,527$1,149$855$630$231
26 years$1,906$1,435$1,066$782$567$198
27 years$1,815$1,351$989$715$512$170
28 years$1,732$1,273$920$655$462$146
29 years$1,654$1,201$856$601$417$125
30 years$1,582$1,134$797$552$377$107
31 years$1,514$1,072$743$507$341$92
32 years$1,451$1,014$694$466$308$79
33 years$1,391$960$648$428$279$68
34 years$1,336$910$605$394$252$58
35 years$1,283$863$566$363$229$50
36 years$1,234$820$529$334$207$43
37 years$1,187$778$495$308$188$37
38 years$1,143$740$464$284$170$32
39 years$1,102$703$435$262$154$27
40 years$1,062$669$407$241$140$23
41 years$1,025$637$382$223$127$20
42 years$989$607$358$205$115$17
43 years$955$578$336$190$105$15
44 years$923$551$316$175$95$13
45 years$892$525$296$162$86$11
46 years$863$501$278$149$78$9
47 years$835$478$261$138$71$8
48 years$809$457$246$127$65$7
49 years$783$436$231$118$59$6
50 years$759$417$217$109$53$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $777,000, adding $4,801 every year, while hoping to spend $56,915 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: 20/50/30 Blend
29$777,000$777,000$777,000$777,000
30$861,206$820,025$807,982$870,156
31$888,492$799,649$774,492$858,699
32$916,654$776,367$737,973$841,476
33$945,720$749,977$698,263$821,837
34$975,722$720,264$655,192$799,622
35$1,006,690$687,002$608,586$774,666
36$1,038,657$649,950$558,259$746,793
37$1,071,658$608,855$504,018$715,817
38$1,105,727$563,448$445,662$681,543
39$1,140,900$513,447$382,982$643,766
40$1,177,217$458,551$315,757$602,268
41$1,214,717$398,443$243,758$556,822
42$1,253,440$332,789$166,746$507,186
43$1,293,430$261,235$84,471$453,108
44$1,334,731$183,407$0$394,320
45$1,377,390$98,911$0$331,608
46$1,421,456$7,329$0$292,534
47$1,466,979$0$0$249,811
48$1,514,012$0$0$253,702
49$1,562,610$0$0$261,894
50$1,612,832$0$0$270,364
51$1,664,738$0$0$279,123
52$1,718,392$0$0$288,183
53$1,773,859$0$0$297,556
54$1,831,210$0$0$307,254
55$1,890,518$0$0$317,290
56$1,951,860$0$0$327,680
57$2,015,316$0$0$338,436
58$2,080,973$0$0$349,576
59$2,148,920$0$0$361,116
60$2,219,252$0$0$373,073
61$2,292,068$0$0$385,466
62$2,367,475$0$0$398,315
63$2,445,584$0$0$411,641
64$2,526,515$0$0$425,466
65$2,610,391$0$0$439,814
66$2,697,348$0$0$454,711
67$2,787,526$0$0$470,183
68$2,881,076$0$0$486,259
69$2,978,159$0$0$502,971
70$3,078,946$0$0$520,352
71$3,183,619$0$0$538,437
72$3,292,373$0$0$557,265
73$3,405,417$0$0$576,876
74$3,522,973$0$0$597,314
75$3,645,282$0$0$618,628
76$3,772,600$0$0$640,868
77$3,905,202$0$0$664,089
78$4,043,386$0$0$688,351
79$4,187,469$0$0$713,719
80$4,337,796$0$0$740,261
81$4,494,738$0$0$768,054
82$4,658,694$0$0$797,178
83$4,830,096$0$0$827,723
84$5,009,413$0$0$859,784
85$5,197,149$0$0$893,466
86$5,393,852$0$0$928,882
87$5,600,117$0$0$966,155
88$5,816,588$0$0$1,005,420
89$6,043,965$0$0$1,046,822
90$6,283,007$0$0$1,090,521
91$6,534,543$0$0$1,136,691
92$6,799,471$0$0$1,185,520
93$7,078,772$0$0$1,237,216
94$7,373,513$0$0$1,292,004
95$7,684,857$0$0$1,350,131
96$8,014,075$0$0$1,411,867
97$8,362,552$0$0$1,477,506
98$8,731,802$0$0$1,547,373
99$9,123,477$0$0$1,621,819
100$9,539,386$0$0$1,701,232