Can I retire at age 30 with 779,000?

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 $779,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$64,329$63,756$63,197$62,651$62,119$60,324
2 years$31,846$31,253$30,678$30,121$29,580$27,786
3 years$21,020$20,424$19,851$19,299$18,767$17,030
4 years$15,608$15,014$14,446$13,904$13,385$11,718
5 years$12,361$11,771$11,211$10,679$10,175$8,583
6 years$10,198$9,612$9,060$8,540$8,051$6,536
7 years$8,653$8,072$7,529$7,021$6,548$5,109
8 years$7,495$6,919$6,385$5,890$5,432$4,068
9 years$6,595$6,025$5,500$5,017$4,574$3,285
10 years$5,875$5,310$4,795$4,325$3,898$2,681
11 years$5,286$4,727$4,221$3,764$3,352$2,205
12 years$4,796$4,243$3,746$3,301$2,905$1,826
13 years$4,382$3,835$3,347$2,915$2,533$1,520
14 years$4,027$3,485$3,007$2,587$2,221$1,271
15 years$3,720$3,184$2,715$2,307$1,955$1,066
16 years$3,451$2,921$2,462$2,066$1,728$897
17 years$3,215$2,690$2,240$1,856$1,532$756
18 years$3,004$2,486$2,045$1,673$1,362$639
19 years$2,816$2,304$1,872$1,512$1,214$541
20 years$2,648$2,141$1,718$1,369$1,085$458
21 years$2,495$1,994$1,580$1,243$971$389
22 years$2,356$1,862$1,456$1,130$870$330
23 years$2,230$1,741$1,345$1,029$781$281
24 years$2,115$1,631$1,244$938$702$239
25 years$2,008$1,531$1,152$857$632$203
26 years$1,911$1,439$1,068$784$569$173
27 years$1,820$1,354$992$717$513$147
28 years$1,736$1,276$922$657$463$126
29 years$1,658$1,204$858$603$418$107
30 years$1,586$1,137$799$553$378$91
31 years$1,518$1,075$745$508$341$78
32 years$1,455$1,017$695$467$309$66
33 years$1,395$963$649$429$279$57
34 years$1,339$913$607$395$253$48
35 years$1,287$866$567$364$229$41
36 years$1,237$822$531$335$208$35
37 years$1,191$780$497$309$188$30
38 years$1,146$742$465$284$171$26
39 years$1,105$705$436$262$155$22
40 years$1,065$671$408$242$140$19
41 years$1,027$639$383$223$127$16
42 years$992$608$359$206$116$14
43 years$958$580$337$190$105$12
44 years$926$552$316$176$95$10
45 years$895$527$297$162$86$8
46 years$865$503$279$150$78$7
47 years$837$480$262$138$71$6
48 years$811$458$246$128$65$5
49 years$785$437$232$118$59$5
50 years$761$418$218$109$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $779,000, adding $3,288 every year, while hoping to spend $32,481 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: 67/25/8 Blend
29$779,000$779,000$779,000$779,000
30$861,850$820,563$808,488$918,094
31$915,199$826,211$801,013$961,507
32$972,901$831,047$792,199$1,004,741
33$1,035,366$834,997$781,966$1,051,145
34$1,103,044$837,982$770,233$1,101,023
35$1,176,430$839,919$756,911$1,154,713
36$1,256,069$840,719$741,911$1,212,586
37$1,342,560$840,286$725,138$1,275,052
38$1,436,563$838,521$706,491$1,342,562
39$1,538,800$835,317$685,867$1,415,615
40$1,650,071$830,561$663,156$1,494,762
41$1,771,252$824,133$638,246$1,580,610
42$1,903,310$815,905$611,017$1,673,827
43$2,047,306$805,742$581,344$1,775,154
44$2,204,410$793,503$549,098$1,885,406
45$2,375,909$779,034$514,143$2,005,482
46$2,563,221$762,176$476,335$2,136,375
47$2,767,905$742,758$435,528$2,279,180
48$2,991,679$720,601$391,566$2,435,104
49$3,236,434$695,513$344,287$2,605,482
50$3,504,250$667,294$293,521$2,791,782
51$3,797,422$635,730$239,092$2,995,628
52$4,118,473$600,595$180,816$3,218,809
53$4,470,184$561,650$118,499$3,463,299
54$4,855,615$518,643$51,941$3,731,276
55$5,278,138$471,307$0$4,025,142
56$5,741,467$419,360$0$4,349,176
57$6,249,692$362,504$0$4,709,510
58$6,807,317$300,423$0$5,104,948
59$7,419,306$232,786$0$5,539,067
60$8,091,122$159,240$0$6,015,810
61$8,828,788$79,415$0$6,539,526
62$9,638,936$0$0$7,115,008
63$10,528,872$0$0$7,749,491
64$11,506,644$0$0$8,470,651
65$12,581,119$0$0$9,263,186
66$13,762,066$0$0$10,134,309
67$15,060,246$0$0$11,091,964
68$16,487,516$0$0$12,144,904
69$18,056,938$0$0$13,302,774
70$19,782,903$0$0$14,576,197
71$21,681,268$0$0$15,976,881
72$23,769,501$0$0$17,517,723
73$26,066,852$0$0$19,212,933
74$28,594,529$0$0$21,078,169
75$31,375,897$0$0$23,130,684
76$34,436,703$0$0$25,389,484
77$37,805,316$0$0$27,875,516
78$41,512,994$0$0$30,611,857
79$45,594,179$0$0$33,623,935
80$50,086,820$0$0$36,939,770
81$55,032,735$0$0$40,590,235
82$60,478,001$0$0$44,609,349
83$66,473,390$0$0$49,034,599
84$73,074,847$0$0$53,907,290
85$80,344,019$0$0$59,272,937
86$88,348,837$0$0$65,181,693
87$97,164,152$0$0$71,688,825
88$106,872,447$0$0$78,855,230
89$117,564,612$0$0$86,748,014
90$129,340,799$0$0$95,441,123
91$142,311,372$0$0$105,016,040
92$156,597,944$0$0$115,562,557
93$172,334,527$0$0$127,179,617
94$189,668,795$0$0$139,976,251
95$208,763,477$0$0$154,072,609
96$229,797,893$0$0$169,601,087
97$252,969,647$0$0$186,707,581
98$278,496,489$0$0$205,552,863
99$306,618,373$0$0$226,314,100
100$337,599,719$0$0$249,186,520