Can I retire at age 30 with 781,000?

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 $781,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$64,494$63,920$63,359$62,812$62,278$60,284
2 years$31,928$31,333$30,757$30,198$29,656$27,666
3 years$21,074$20,477$19,902$19,348$18,815$16,891
4 years$15,648$15,052$14,483$13,939$13,419$11,576
5 years$12,393$11,801$11,240$10,707$10,201$8,443
6 years$10,224$9,637$9,083$8,562$8,072$6,401
7 years$8,675$8,093$7,548$7,040$6,564$4,981
8 years$7,514$6,937$6,402$5,905$5,446$3,948
9 years$6,612$6,040$5,514$5,030$4,586$3,172
10 years$5,890$5,324$4,807$4,336$3,908$2,576
11 years$5,300$4,740$4,232$3,774$3,361$2,108
12 years$4,809$4,254$3,756$3,310$2,912$1,737
13 years$4,393$3,844$3,356$2,922$2,540$1,438
14 years$4,037$3,494$3,015$2,594$2,226$1,195
15 years$3,729$3,192$2,722$2,313$1,960$997
16 years$3,460$2,929$2,468$2,071$1,732$834
17 years$3,223$2,697$2,246$1,861$1,536$699
18 years$3,012$2,492$2,050$1,677$1,366$587
19 years$2,824$2,310$1,877$1,516$1,217$494
20 years$2,654$2,147$1,722$1,373$1,087$416
21 years$2,501$1,999$1,584$1,246$973$351
22 years$2,363$1,866$1,460$1,133$872$296
23 years$2,236$1,746$1,348$1,032$783$250
24 years$2,120$1,636$1,247$941$704$211
25 years$2,014$1,535$1,155$859$633$179
26 years$1,915$1,443$1,071$786$570$151
27 years$1,825$1,358$995$719$514$128
28 years$1,741$1,279$925$659$464$108
29 years$1,663$1,207$860$604$419$92
30 years$1,590$1,140$801$554$379$78
31 years$1,522$1,077$747$509$342$66
32 years$1,458$1,019$697$468$310$56
33 years$1,399$965$651$430$280$47
34 years$1,343$915$608$396$254$40
35 years$1,290$868$569$365$230$34
36 years$1,240$824$532$336$208$29
37 years$1,194$782$498$309$189$24
38 years$1,149$744$466$285$171$21
39 years$1,107$707$437$263$155$18
40 years$1,068$673$409$242$141$15
41 years$1,030$640$384$224$128$13
42 years$994$610$360$206$116$11
43 years$960$581$338$191$105$9
44 years$928$554$317$176$95$8
45 years$897$528$298$163$87$7
46 years$868$504$280$150$79$6
47 years$840$481$263$139$71$5
48 years$813$459$247$128$65$4
49 years$787$438$232$118$59$3
50 years$763$419$218$109$54$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $781,000, adding $5,769 every year, while hoping to spend $26,634 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: 73/7/20 Blend
29$781,000$781,000$781,000$781,000
30$866,613$825,220$813,114$925,318
31$926,669$837,317$812,015$977,193
32$991,958$849,115$809,987$1,030,238
33$1,062,986$860,569$806,969$1,087,672
34$1,140,309$871,636$802,901$1,149,928
35$1,224,539$882,265$797,717$1,217,479
36$1,316,350$892,404$791,349$1,290,851
37$1,416,484$901,997$783,725$1,370,622
38$1,525,756$910,986$774,770$1,457,426
39$1,645,064$919,305$764,406$1,551,968
40$1,775,398$926,889$752,551$1,655,020
41$1,917,846$933,664$739,119$1,767,434
42$2,073,606$939,553$724,020$1,890,151
43$2,243,999$944,476$707,159$2,024,208
44$2,430,476$948,345$688,438$2,170,745
45$2,634,638$951,067$667,754$2,331,023
46$2,858,246$952,544$644,999$2,506,429
47$3,103,242$952,673$620,061$2,698,492
48$3,371,760$951,342$592,821$2,908,900
49$3,666,155$948,433$563,155$3,139,512
50$3,989,018$943,822$530,937$3,392,376
51$4,343,204$937,375$496,029$3,669,752
52$4,731,857$928,953$458,292$3,974,130
53$5,158,441$918,406$417,579$4,308,254
54$5,626,770$905,576$373,737$4,675,151
55$6,141,047$890,295$326,603$5,078,156
56$6,705,901$872,387$276,012$5,520,945
57$7,326,432$851,663$221,787$6,007,572
58$8,008,258$827,924$163,747$6,542,502
59$8,757,568$800,960$101,700$7,130,661
60$9,581,180$770,547$35,447$7,777,477
61$10,486,606$736,450$0$8,488,931
62$11,482,122$698,419$0$9,279,143
63$12,576,847$656,189$0$10,156,418
64$13,780,824$609,482$0$11,121,247
65$15,105,124$558,002$0$12,182,509
66$16,561,940$501,437$0$13,349,993
67$18,164,707$439,457$0$14,634,481
68$19,928,231$371,714$0$16,047,858
69$21,868,822$297,840$0$17,603,218
70$24,004,453$217,444$0$19,314,990
71$26,354,925$130,118$0$21,199,073
72$28,942,060$35,425$0$23,272,989
73$31,789,898$0$0$25,556,045
74$34,924,932$0$0$28,074,684
75$38,376,353$0$0$30,850,551
76$42,176,324$0$0$33,906,792
77$46,360,288$0$0$37,271,919
78$50,967,298$0$0$40,977,348
79$56,040,389$0$0$45,057,697
80$61,626,980$0$0$49,551,112
81$67,779,323$0$0$54,499,628
82$74,554,995$0$0$59,949,563
83$82,017,446$0$0$65,951,957
84$90,236,588$0$0$72,563,052
85$99,289,464$0$0$79,844,825
86$109,260,968$0$0$87,865,570
87$120,244,652$0$0$96,700,543
88$132,343,601$0$0$106,432,673
89$145,671,414$0$0$117,153,343
90$160,353,270$0$0$128,963,254
91$176,527,112$0$0$141,973,375
92$194,344,947$0$0$156,305,988
93$213,974,281$0$0$172,095,844
94$235,599,700$0$0$189,491,435
95$259,424,614$0$0$208,656,394
96$285,673,172$0$0$229,771,039
97$314,592,382$0$0$253,034,075
98$346,454,437$0$0$278,664,473
99$381,559,292$0$0$306,903,530
100$420,237,487$0$0$338,017,152