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%19.1%
1 years$64,329$63,756$63,197$62,651$62,119$59,843
2 years$31,846$31,253$30,678$30,121$29,580$27,313
3 years$21,020$20,424$19,851$19,299$18,767$16,579
4 years$15,608$15,014$14,446$13,904$13,385$11,294
5 years$12,361$11,771$11,211$10,679$10,175$8,185
6 years$10,198$9,612$9,060$8,540$8,051$6,165
7 years$8,653$8,072$7,529$7,021$6,548$4,764
8 years$7,495$6,919$6,385$5,890$5,432$3,749
9 years$6,595$6,025$5,500$5,017$4,574$2,991
10 years$5,875$5,310$4,795$4,325$3,898$2,410
11 years$5,286$4,727$4,221$3,764$3,352$1,957
12 years$4,796$4,243$3,746$3,301$2,905$1,600
13 years$4,382$3,835$3,347$2,915$2,533$1,314
14 years$4,027$3,485$3,007$2,587$2,221$1,083
15 years$3,720$3,184$2,715$2,307$1,955$896
16 years$3,451$2,921$2,462$2,066$1,728$743
17 years$3,215$2,690$2,240$1,856$1,532$617
18 years$3,004$2,486$2,045$1,673$1,362$514
19 years$2,816$2,304$1,872$1,512$1,214$428
20 years$2,648$2,141$1,718$1,369$1,085$357
21 years$2,495$1,994$1,580$1,243$971$299
22 years$2,356$1,862$1,456$1,130$870$250
23 years$2,230$1,741$1,345$1,029$781$209
24 years$2,115$1,631$1,244$938$702$175
25 years$2,008$1,531$1,152$857$632$146
26 years$1,911$1,439$1,068$784$569$123
27 years$1,820$1,354$992$717$513$103
28 years$1,736$1,276$922$657$463$86
29 years$1,658$1,204$858$603$418$72
30 years$1,586$1,137$799$553$378$61
31 years$1,518$1,075$745$508$341$51
32 years$1,455$1,017$695$467$309$43
33 years$1,395$963$649$429$279$36
34 years$1,339$913$607$395$253$30
35 years$1,287$866$567$364$229$25
36 years$1,237$822$531$335$208$21
37 years$1,191$780$497$309$188$18
38 years$1,146$742$465$284$171$15
39 years$1,105$705$436$262$155$13
40 years$1,065$671$408$242$140$11
41 years$1,027$639$383$223$127$9
42 years$992$608$359$206$116$7
43 years$958$580$337$190$105$6
44 years$926$552$316$176$95$5
45 years$895$527$297$162$86$4
46 years$865$503$279$150$78$4
47 years$837$480$262$138$71$3
48 years$811$458$246$128$65$3
49 years$785$437$232$118$59$2
50 years$761$418$218$109$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $779,000, adding $3,429 every year, while hoping to spend $23,196 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: 43/40/17 Blend
29$779,000$779,000$779,000$779,000
30$861,995$820,708$808,634$894,662
31$925,238$836,242$811,042$933,523
32$994,155$851,760$812,754$973,046
33$1,069,299$867,237$813,722$1,015,373
34$1,151,280$882,645$813,895$1,060,774
35$1,240,771$897,954$813,220$1,109,544
36$1,338,509$913,134$811,643$1,162,011
37$1,445,309$928,149$809,105$1,218,537
38$1,562,066$942,964$805,545$1,279,519
39$1,689,766$957,539$800,901$1,345,397
40$1,829,496$971,831$795,104$1,416,657
41$1,982,449$985,796$788,085$1,493,834
42$2,149,945$999,386$779,772$1,577,518
43$2,333,431$1,012,547$770,086$1,668,361
44$2,534,505$1,025,226$758,947$1,767,083
45$2,754,924$1,037,363$746,273$1,874,477
46$2,996,627$1,048,894$731,973$1,991,419
47$3,261,745$1,059,752$715,956$2,118,876
48$3,552,629$1,069,865$698,126$2,257,913
49$3,871,865$1,079,156$678,382$2,409,707
50$4,222,305$1,087,545$656,617$2,575,556
51$4,607,088$1,094,942$632,722$2,756,892
52$5,029,673$1,101,257$606,580$2,955,295
53$5,493,871$1,106,390$578,072$3,172,508
54$6,003,879$1,110,236$547,071$3,410,454
55$6,564,322$1,112,685$513,444$3,671,254
56$7,180,293$1,113,616$477,055$3,957,249
57$7,857,405$1,112,906$437,758$4,271,020
58$8,601,841$1,110,419$395,404$4,615,414
59$9,420,413$1,106,014$349,835$4,993,572
60$10,320,628$1,099,541$300,886$5,408,960
61$11,310,753$1,090,839$248,387$5,865,397
62$12,399,899$1,079,740$192,158$6,367,100
63$13,598,105$1,066,064$132,011$6,918,717
64$14,916,431$1,049,620$67,753$7,525,374
65$16,367,063$1,030,207$0$8,192,726
66$17,963,427$1,007,611$0$8,927,158
67$19,720,319$981,606$0$9,748,522
68$21,654,039$951,953$0$10,652,139
69$23,782,549$918,397$0$11,646,414
70$26,125,642$880,671$0$12,740,612
71$28,705,123$838,490$0$13,944,949
72$31,545,024$791,554$0$15,270,683
73$34,671,822$739,546$0$16,730,230
74$38,114,694$682,129$0$18,337,272
75$41,905,788$618,949$0$20,106,895
76$46,080,530$549,630$0$22,055,728
77$50,677,958$473,775$0$24,202,102
78$55,741,085$390,965$0$26,566,224
79$61,317,312$300,759$0$29,170,368
80$67,458,869$202,687$0$32,039,088
81$74,223,311$96,256$0$35,199,450
82$81,674,060$0$0$38,681,287
83$89,881,006$0$0$42,525,873
84$98,921,160$0$0$46,807,588
85$108,879,386$0$0$51,524,277
86$119,849,202$0$0$56,720,251
87$131,933,660$0$0$62,444,339
88$145,246,316$0$0$68,750,352
89$159,912,310$0$0$75,697,584
90$176,069,537$0$0$83,351,376
91$193,869,956$0$0$91,783,733
92$213,481,020$0$0$101,074,001
93$235,087,256$0$0$111,309,620
94$258,892,010$0$0$122,586,943
95$285,119,363$0$0$135,012,150
96$314,016,249$0$0$148,702,251
97$345,854,780$0$0$163,786,187
98$380,934,820$0$0$180,406,047
99$419,586,815$0$0$198,718,414
100$462,174,907$0$0$218,895,837