Can I retire at age 30 with 781,000?

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 $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%17.3%
1 years$64,494$63,920$63,359$62,812$62,278$60,430
2 years$31,928$31,333$30,757$30,198$29,656$27,809
3 years$21,074$20,477$19,902$19,348$18,815$17,028
4 years$15,648$15,052$14,483$13,939$13,419$11,705
5 years$12,393$11,801$11,240$10,707$10,201$8,564
6 years$10,224$9,637$9,083$8,562$8,072$6,514
7 years$8,675$8,093$7,548$7,040$6,564$5,086
8 years$7,514$6,937$6,402$5,905$5,446$4,046
9 years$6,612$6,040$5,514$5,030$4,586$3,263
10 years$5,890$5,324$4,807$4,336$3,908$2,659
11 years$5,300$4,740$4,232$3,774$3,361$2,185
12 years$4,809$4,254$3,756$3,310$2,912$1,807
13 years$4,393$3,844$3,356$2,922$2,540$1,502
14 years$4,037$3,494$3,015$2,594$2,226$1,254
15 years$3,729$3,192$2,722$2,313$1,960$1,051
16 years$3,460$2,929$2,468$2,071$1,732$883
17 years$3,223$2,697$2,246$1,861$1,536$743
18 years$3,012$2,492$2,050$1,677$1,366$627
19 years$2,824$2,310$1,877$1,516$1,217$530
20 years$2,654$2,147$1,722$1,373$1,087$448
21 years$2,501$1,999$1,584$1,246$973$380
22 years$2,363$1,866$1,460$1,133$872$322
23 years$2,236$1,746$1,348$1,032$783$273
24 years$2,120$1,636$1,247$941$704$232
25 years$2,014$1,535$1,155$859$633$197
26 years$1,915$1,443$1,071$786$570$168
27 years$1,825$1,358$995$719$514$143
28 years$1,741$1,279$925$659$464$121
29 years$1,663$1,207$860$604$419$103
30 years$1,590$1,140$801$554$379$88
31 years$1,522$1,077$747$509$342$75
32 years$1,458$1,019$697$468$310$64
33 years$1,399$965$651$430$280$54
34 years$1,343$915$608$396$254$46
35 years$1,290$868$569$365$230$39
36 years$1,240$824$532$336$208$34
37 years$1,194$782$498$309$189$29
38 years$1,149$744$466$285$171$24
39 years$1,107$707$437$263$155$21
40 years$1,068$673$409$242$141$18
41 years$1,030$640$384$224$128$15
42 years$994$610$360$206$116$13
43 years$960$581$338$191$105$11
44 years$928$554$317$176$95$9
45 years$897$528$298$163$87$8
46 years$868$504$280$150$79$7
47 years$840$481$263$139$71$6
48 years$813$459$247$128$65$5
49 years$787$438$232$118$59$4
50 years$763$419$218$109$54$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $781,000, adding $4,671 every year, while hoping to spend $33,674 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: 44/35/21 Blend
29$781,000$781,000$781,000$781,000
30$865,480$824,087$811,982$898,113
31$917,930$828,639$803,354$926,151
32$974,602$832,284$793,309$952,866
33$1,035,889$834,945$781,763$981,135
34$1,102,228$836,534$768,630$1,011,117
35$1,174,094$836,963$753,818$1,042,992
36$1,252,012$836,136$737,232$1,076,958
37$1,336,561$833,950$718,772$1,113,236
38$1,428,374$830,297$698,335$1,152,071
39$1,528,150$825,063$675,811$1,193,737
40$1,636,656$818,127$651,086$1,238,537
41$1,754,738$809,358$624,040$1,286,806
42$1,883,326$798,621$594,550$1,338,919
43$2,023,442$785,770$562,484$1,395,291
44$2,176,212$770,652$527,706$1,456,380
45$2,342,876$753,104$490,075$1,522,699
46$2,524,797$732,954$449,440$1,594,812
47$2,723,477$710,019$405,647$1,673,347
48$2,940,568$684,107$358,533$1,758,999
49$3,177,891$655,013$307,929$1,852,540
50$3,437,449$622,521$253,657$1,954,822
51$3,721,446$586,403$195,532$2,066,791
52$4,032,313$546,416$133,362$2,189,495
53$4,372,724$502,305$66,944$2,324,093
54$4,745,624$453,800$0$2,471,867
55$5,154,256$400,615$0$2,635,121
56$5,602,193$342,447$0$2,830,609
57$6,093,368$278,980$0$3,045,106
58$6,632,116$209,874$0$3,280,588
59$7,223,209$134,775$0$3,539,238
60$7,871,904$53,306$0$3,823,468
61$8,583,991$0$0$4,135,939
62$9,365,850$0$0$4,493,042
63$10,224,506$0$0$4,907,867
64$11,167,701$0$0$5,363,634
65$12,203,960$0$0$5,864,478
66$13,342,678$0$0$6,414,951
67$14,594,204$0$0$7,020,070
68$15,969,939$0$0$7,685,360
69$17,482,443$0$0$8,416,912
70$19,145,555$0$0$9,221,432
71$20,974,521$0$0$10,106,313
72$22,986,140$0$0$11,079,696
73$25,198,918$0$0$12,150,555
74$27,633,248$0$0$13,328,774
75$30,311,597$0$0$14,625,246
76$33,258,720$0$0$16,051,971
77$36,501,893$0$0$17,622,173
78$40,071,168$0$0$19,350,422
79$43,999,662$0$0$21,252,773
80$48,323,861$0$0$23,346,914
81$53,083,969$0$0$25,652,338
82$58,324,288$0$0$28,190,523
83$64,093,630$0$0$30,985,134
84$70,445,783$0$0$34,062,250
85$77,440,016$0$0$37,450,605
86$85,141,637$0$0$41,181,864
87$93,622,609$0$0$45,290,917
88$102,962,231$0$0$49,816,211
89$113,247,884$0$0$54,800,113
90$124,575,853$0$0$60,289,305
91$137,052,240$0$0$66,335,233
92$150,793,963$0$0$72,994,582
93$165,929,858$0$0$80,329,819
94$182,601,893$0$0$88,409,778
95$200,966,512$0$0$97,310,313
96$221,196,108$0$0$107,115,008
97$243,480,650$0$0$117,915,972
98$268,029,475$0$0$129,814,704
99$295,073,264$0$0$142,923,052
100$324,866,221$0$0$157,364,271