Can I retire at age 30 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$64,412$63,838$63,278$62,732$62,198$59,754
2 years$31,887$31,293$30,718$30,160$29,618$27,186
3 years$21,047$20,450$19,876$19,323$18,791$16,447
4 years$15,628$15,033$14,465$13,921$13,402$11,164
5 years$12,377$11,786$11,225$10,693$10,188$8,061
6 years$10,211$9,624$9,072$8,551$8,061$6,048
7 years$8,664$8,082$7,539$7,031$6,556$4,655
8 years$7,505$6,928$6,393$5,898$5,439$3,648
9 years$6,603$6,032$5,507$5,024$4,580$2,898
10 years$5,882$5,317$4,801$4,330$3,903$2,325
11 years$5,293$4,734$4,227$3,769$3,356$1,879
12 years$4,803$4,249$3,751$3,306$2,909$1,529
13 years$4,388$3,839$3,351$2,918$2,536$1,249
14 years$4,032$3,490$3,011$2,591$2,223$1,025
15 years$3,725$3,188$2,719$2,310$1,958$844
16 years$3,456$2,925$2,465$2,069$1,730$696
17 years$3,219$2,694$2,243$1,859$1,534$575
18 years$3,008$2,489$2,047$1,675$1,364$476
19 years$2,820$2,307$1,874$1,514$1,216$395
20 years$2,651$2,144$1,720$1,371$1,086$328
21 years$2,498$1,997$1,582$1,244$972$272
22 years$2,359$1,864$1,458$1,131$871$227
23 years$2,233$1,743$1,346$1,030$782$189
24 years$2,117$1,633$1,245$940$703$157
25 years$2,011$1,533$1,153$858$632$131
26 years$1,913$1,441$1,070$785$570$109
27 years$1,822$1,356$993$718$514$91
28 years$1,738$1,278$923$658$463$76
29 years$1,660$1,205$859$603$418$63
30 years$1,588$1,138$800$554$378$53
31 years$1,520$1,076$746$509$342$44
32 years$1,456$1,018$696$467$309$37
33 years$1,397$964$650$430$280$31
34 years$1,341$914$607$395$253$25
35 years$1,288$867$568$364$229$21
36 years$1,239$823$531$335$208$18
37 years$1,192$781$497$309$188$15
38 years$1,148$743$466$285$171$12
39 years$1,106$706$436$263$155$10
40 years$1,066$672$409$242$141$9
41 years$1,029$639$383$223$127$7
42 years$993$609$360$206$116$6
43 years$959$580$337$190$105$5
44 years$927$553$317$176$95$4
45 years$896$527$297$162$87$3
46 years$867$503$279$150$79$3
47 years$839$480$262$139$71$2
48 years$812$458$247$128$65$2
49 years$786$438$232$118$59$2
50 years$762$418$218$109$53$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $780,000, adding $5,520 every year, while hoping to spend $49,181 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: 63/25/12 Blend
29$780,000$780,000$780,000$780,000
30$865,254$823,914$811,824$917,006
31$901,182$811,957$786,692$940,370
32$939,126$797,767$759,069$959,698
33$979,240$781,181$728,821$979,584
34$1,021,691$762,028$695,806$1,000,080
35$1,066,664$740,128$659,876$1,021,249
36$1,114,358$715,288$620,876$1,043,161
37$1,164,992$687,307$578,645$1,065,893
38$1,218,805$655,969$533,014$1,089,536
39$1,276,059$621,047$483,806$1,114,189
40$1,337,041$582,302$430,836$1,139,966
41$1,402,064$539,479$373,914$1,166,994
42$1,471,471$492,310$312,837$1,195,417
43$1,545,639$440,511$247,395$1,225,395
44$1,624,981$383,783$177,369$1,257,110
45$1,709,949$321,808$102,531$1,290,764
46$1,801,038$254,252$22,641$1,326,585
47$1,898,795$180,761$0$1,364,826
48$2,003,815$100,961$0$1,413,790
49$2,116,754$14,459$0$1,469,393
50$2,238,333$0$0$1,529,122
51$2,369,341$0$0$1,615,190
52$2,510,648$0$0$1,712,356
53$2,663,205$0$0$1,817,304
54$2,828,063$0$0$1,930,761
55$3,006,372$0$0$2,053,526
56$3,199,399$0$0$2,186,476
57$3,408,535$0$0$2,330,576
58$3,635,312$0$0$2,486,889
59$3,881,411$0$0$2,656,582
60$4,148,685$0$0$2,840,939
61$4,439,169$0$0$3,041,371
62$4,755,102$0$0$3,259,433
63$5,098,950$0$0$3,496,835
64$5,473,423$0$0$3,755,457
65$5,881,505$0$0$4,037,369
66$6,326,480$0$0$4,344,851
67$6,811,962$0$0$4,680,410
68$7,341,929$0$0$5,046,805
69$7,920,760$0$0$5,447,077
70$8,553,274$0$0$5,884,569
71$9,244,781$0$0$6,362,965
72$10,001,121$0$0$6,886,319
73$10,828,730$0$0$7,459,098
74$11,734,691$0$0$8,086,216
75$12,726,805$0$0$8,773,089
76$13,813,662$0$0$9,525,678
77$15,004,724$0$0$10,350,549
78$16,310,410$0$0$11,254,936
79$17,742,194$0$0$12,246,801
80$19,312,716$0$0$13,334,918
81$21,035,897$0$0$14,528,951
82$22,927,070$0$0$15,839,541
83$25,003,128$0$0$17,278,413
84$27,282,674$0$0$18,858,483
85$29,786,204$0$0$20,593,976
86$32,536,297$0$0$22,500,566
87$35,557,824$0$0$24,595,516
88$38,878,185$0$0$26,897,848
89$42,527,568$0$0$29,428,517
90$46,539,227$0$0$32,210,606
91$50,949,802$0$0$35,269,551
92$55,799,659$0$0$38,633,372
93$61,133,269$0$0$42,332,942
94$66,999,632$0$0$46,402,276
95$73,452,733$0$0$50,878,850
96$80,552,054$0$0$55,803,956
97$88,363,130$0$0$61,223,091
98$96,958,171$0$0$67,186,381
99$106,416,740$0$0$73,749,061
100$116,826,500$0$0$80,971,989