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%17.7%
1 years$64,412$63,838$63,278$62,732$62,198$60,256
2 years$31,887$31,293$30,718$30,160$29,618$27,678
3 years$21,047$20,450$19,876$19,323$18,791$16,915
4 years$15,628$15,033$14,465$13,921$13,402$11,604
5 years$12,377$11,786$11,225$10,693$10,188$8,472
6 years$10,211$9,624$9,072$8,551$8,061$6,430
7 years$8,664$8,082$7,539$7,031$6,556$5,009
8 years$7,505$6,928$6,393$5,898$5,439$3,975
9 years$6,603$6,032$5,507$5,024$4,580$3,198
10 years$5,882$5,317$4,801$4,330$3,903$2,600
11 years$5,293$4,734$4,227$3,769$3,356$2,131
12 years$4,803$4,249$3,751$3,306$2,909$1,758
13 years$4,388$3,839$3,351$2,918$2,536$1,457
14 years$4,032$3,490$3,011$2,591$2,223$1,213
15 years$3,725$3,188$2,719$2,310$1,958$1,013
16 years$3,456$2,925$2,465$2,069$1,730$849
17 years$3,219$2,694$2,243$1,859$1,534$713
18 years$3,008$2,489$2,047$1,675$1,364$599
19 years$2,820$2,307$1,874$1,514$1,216$505
20 years$2,651$2,144$1,720$1,371$1,086$426
21 years$2,498$1,997$1,582$1,244$972$360
22 years$2,359$1,864$1,458$1,131$871$304
23 years$2,233$1,743$1,346$1,030$782$257
24 years$2,117$1,633$1,245$940$703$218
25 years$2,011$1,533$1,153$858$632$185
26 years$1,913$1,441$1,070$785$570$156
27 years$1,822$1,356$993$718$514$133
28 years$1,738$1,278$923$658$463$112
29 years$1,660$1,205$859$603$418$95
30 years$1,588$1,138$800$554$378$81
31 years$1,520$1,076$746$509$342$69
32 years$1,456$1,018$696$467$309$58
33 years$1,397$964$650$430$280$49
34 years$1,341$914$607$395$253$42
35 years$1,288$867$568$364$229$36
36 years$1,239$823$531$335$208$30
37 years$1,192$781$497$309$188$26
38 years$1,148$743$466$285$171$22
39 years$1,106$706$436$263$155$19
40 years$1,066$672$409$242$141$16
41 years$1,029$639$383$223$127$13
42 years$993$609$360$206$116$11
43 years$959$580$337$190$105$10
44 years$927$553$317$176$95$8
45 years$896$527$297$162$87$7
46 years$867$503$279$150$79$6
47 years$839$480$262$139$71$5
48 years$812$458$247$128$65$4
49 years$786$438$232$118$59$4
50 years$762$418$218$109$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $780,000, adding $2,378 every year, while hoping to spend $32,477 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: 40/33/27 Blend
29$780,000$780,000$780,000$780,000
30$862,013$820,673$808,583$889,537
31$915,383$826,331$801,115$915,380
32$973,108$831,177$792,309$940,117
33$1,035,599$835,138$782,085$966,256
34$1,103,305$838,135$770,360$993,943
35$1,176,723$840,085$757,047$1,023,344
36$1,256,397$840,897$742,057$1,054,644
37$1,342,927$840,478$725,293$1,088,048
38$1,436,972$838,728$706,657$1,123,783
39$1,539,257$835,540$686,044$1,162,104
40$1,650,580$830,800$663,345$1,203,292
41$1,771,819$824,389$638,447$1,247,662
42$1,903,940$816,179$611,230$1,295,563
43$2,048,006$806,037$581,571$1,347,381
44$2,205,188$793,818$549,339$1,403,547
45$2,376,773$779,371$514,398$1,464,538
46$2,564,180$762,536$476,606$1,530,885
47$2,768,969$743,143$435,815$1,603,174
48$2,992,859$721,012$391,870$1,682,059
49$3,237,741$695,952$344,608$1,768,262
50$3,505,699$667,762$293,861$1,862,584
51$3,799,026$636,229$239,451$1,965,914
52$4,120,249$601,126$181,195$2,079,235
53$4,472,149$562,216$118,899$2,203,637
54$4,857,789$519,245$52,364$2,340,328
55$5,280,543$471,948$0$2,490,643
56$5,744,127$420,041$0$2,661,433
57$6,252,632$363,228$0$2,865,412
58$6,810,568$301,193$0$3,089,355
59$7,422,898$233,604$0$3,335,337
60$8,095,091$160,108$0$3,605,646
61$8,833,173$80,336$0$3,902,807
62$9,643,779$0$0$4,229,611
63$10,534,220$0$0$4,591,353
64$11,512,550$0$0$5,020,959
65$12,587,640$0$0$5,493,164
66$13,769,264$0$0$6,012,277
67$15,068,192$0$0$6,583,042
68$16,496,285$0$0$7,210,687
69$18,066,615$0$0$7,900,971
70$19,793,582$0$0$8,660,240
71$21,693,051$0$0$9,495,485
72$23,782,501$0$0$10,414,411
73$26,081,194$0$0$11,425,504
74$28,610,349$0$0$12,538,116
75$31,393,348$0$0$13,762,552
76$34,455,951$0$0$15,110,165
77$37,826,545$0$0$16,593,465
78$41,536,407$0$0$18,226,237
79$45,619,999$0$0$20,023,670
80$50,115,293$0$0$22,002,498
81$55,064,133$0$0$24,181,164
82$60,512,621$0$0$26,579,989
83$66,511,563$0$0$29,221,362
84$73,116,935$0$0$32,129,956
85$80,390,424$0$0$35,332,960
86$88,399,998$0$0$38,860,332
87$97,220,556$0$0$42,745,083
88$106,934,629$0$0$47,023,590
89$117,633,162$0$0$51,735,937
90$129,416,368$0$0$56,926,296
91$142,394,676$0$0$62,643,341
92$156,689,773$0$0$68,940,706
93$172,435,753$0$0$75,877,497
94$189,780,376$0$0$83,518,843
95$208,886,470$0$0$91,936,515
96$229,933,463$0$0$101,209,599
97$253,119,078$0$0$111,425,248
98$278,661,196$0$0$122,679,500
99$306,799,915$0$0$135,078,186
100$337,799,815$0$0$148,737,926