Can I retire at age 30 with 780,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%
1 years$64,412$63,838$63,278$62,732$62,198$60,425
2 years$31,887$31,293$30,718$30,160$29,618$27,846
3 years$21,047$20,450$19,876$19,323$18,791$17,075
4 years$15,628$15,033$14,465$13,921$13,402$11,755
5 years$12,377$11,786$11,225$10,693$10,188$8,614
6 years$10,211$9,624$9,072$8,551$8,061$6,563
7 years$8,664$8,082$7,539$7,031$6,556$5,133
8 years$7,505$6,928$6,393$5,898$5,439$4,090
9 years$6,603$6,032$5,507$5,024$4,580$3,305
10 years$5,882$5,317$4,801$4,330$3,903$2,698
11 years$5,293$4,734$4,227$3,769$3,356$2,222
12 years$4,803$4,249$3,751$3,306$2,909$1,841
13 years$4,388$3,839$3,351$2,918$2,536$1,533
14 years$4,032$3,490$3,011$2,591$2,223$1,283
15 years$3,725$3,188$2,719$2,310$1,958$1,077
16 years$3,456$2,925$2,465$2,069$1,730$907
17 years$3,219$2,694$2,243$1,859$1,534$765
18 years$3,008$2,489$2,047$1,675$1,364$647
19 years$2,820$2,307$1,874$1,514$1,216$548
20 years$2,651$2,144$1,720$1,371$1,086$465
21 years$2,498$1,997$1,582$1,244$972$395
22 years$2,359$1,864$1,458$1,131$871$335
23 years$2,233$1,743$1,346$1,030$782$285
24 years$2,117$1,633$1,245$940$703$243
25 years$2,011$1,533$1,153$858$632$207
26 years$1,913$1,441$1,070$785$570$176
27 years$1,822$1,356$993$718$514$150
28 years$1,738$1,278$923$658$463$128
29 years$1,660$1,205$859$603$418$109
30 years$1,588$1,138$800$554$378$93
31 years$1,520$1,076$746$509$342$80
32 years$1,456$1,018$696$467$309$68
33 years$1,397$964$650$430$280$58
34 years$1,341$914$607$395$253$50
35 years$1,288$867$568$364$229$42
36 years$1,239$823$531$335$208$36
37 years$1,192$781$497$309$188$31
38 years$1,148$743$466$285$171$26
39 years$1,106$706$436$263$155$23
40 years$1,066$672$409$242$141$19
41 years$1,029$639$383$223$127$16
42 years$993$609$360$206$116$14
43 years$959$580$337$190$105$12
44 years$927$553$317$176$95$10
45 years$896$527$297$162$87$9
46 years$867$503$279$150$79$8
47 years$839$480$262$139$71$6
48 years$812$458$247$128$65$5
49 years$786$438$232$118$59$5
50 years$762$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 $780,000, adding $4,021 every year, while hoping to spend $42,359 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: 51/27/22 Blend
29$780,000$780,000$780,000$780,000
30$863,708$822,368$810,278$902,272
31$906,736$817,594$792,352$924,601
32$952,734$811,167$772,407$944,200
33$1,001,959$802,960$750,329$964,628
34$1,054,695$792,841$726,000$985,979
35$1,111,251$780,668$699,299$1,008,359
36$1,171,969$766,291$670,096$1,031,888
37$1,237,222$749,552$638,257$1,056,702
38$1,307,421$730,282$603,641$1,082,951
39$1,383,017$708,305$566,101$1,110,805
40$1,464,504$683,431$525,485$1,140,455
41$1,552,426$655,461$481,631$1,172,112
42$1,647,379$624,185$434,372$1,206,015
43$1,750,021$589,379$383,533$1,242,429
44$1,861,073$550,809$328,931$1,281,653
45$1,981,328$508,223$270,375$1,324,017
46$2,111,656$461,359$207,666$1,369,893
47$2,253,018$409,939$140,595$1,419,691
48$2,406,467$353,667$68,946$1,473,873
49$2,573,162$292,232$0$1,532,950
50$2,754,379$225,306$0$1,599,257
51$2,951,521$152,541$0$1,689,049
52$3,166,131$73,571$0$1,786,889
53$3,399,909$0$0$1,893,622
54$3,654,723$0$0$2,013,744
55$3,932,632$0$0$2,168,665
56$4,235,898$0$0$2,337,798
57$4,567,014$0$0$2,522,542
58$4,928,725$0$0$2,724,438
59$5,324,051$0$0$2,945,182
60$5,756,316$0$0$3,186,642
61$6,229,183$0$0$3,450,874
62$6,746,682$0$0$3,740,142
63$7,313,253$0$0$4,056,940
64$7,933,784$0$0$4,404,014
65$8,613,659$0$0$4,784,387
66$9,358,806$0$0$5,201,389
67$10,175,754$0$0$5,658,689
68$11,071,695$0$0$6,160,327
69$12,054,549$0$0$6,710,752
70$13,133,041$0$0$7,314,865
71$14,316,780$0$0$7,978,066
72$15,616,352$0$0$8,706,302
73$17,043,417$0$0$9,506,123
74$18,610,820$0$0$10,384,747
75$20,332,711$0$0$11,350,125
76$22,224,678$0$0$12,411,014
77$24,303,893$0$0$13,577,064
78$26,589,275$0$0$14,858,905
79$29,101,668$0$0$16,268,249
80$31,864,033$0$0$17,817,998
81$34,901,671$0$0$19,522,369
82$38,242,455$0$0$21,397,025
83$41,917,093$0$0$23,459,221
84$45,959,424$0$0$25,727,972
85$50,406,725$0$0$28,224,227
86$55,300,074$0$0$30,971,068
87$60,684,728$0$0$33,993,928
88$66,610,554$0$0$37,320,830
89$73,132,498$0$0$40,982,650
90$80,311,102$0$0$45,013,412
91$88,213,074$0$0$49,450,603
92$96,911,921$0$0$54,335,531
93$106,488,634$0$0$59,713,712
94$117,032,461$0$0$65,635,300
95$128,641,741$0$0$72,155,560
96$141,424,835$0$0$79,335,389
97$155,501,145$0$0$87,241,889
98$171,002,246$0$0$95,949,002
99$188,073,117$0$0$105,538,206
100$206,873,520$0$0$116,099,285