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%19.1%
1 years$64,494$63,920$63,359$62,812$62,278$59,997
2 years$31,928$31,333$30,757$30,198$29,656$27,383
3 years$21,074$20,477$19,902$19,348$18,815$16,622
4 years$15,648$15,052$14,483$13,939$13,419$11,323
5 years$12,393$11,801$11,240$10,707$10,201$8,206
6 years$10,224$9,637$9,083$8,562$8,072$6,181
7 years$8,675$8,093$7,548$7,040$6,564$4,776
8 years$7,514$6,937$6,402$5,905$5,446$3,759
9 years$6,612$6,040$5,514$5,030$4,586$2,998
10 years$5,890$5,324$4,807$4,336$3,908$2,416
11 years$5,300$4,740$4,232$3,774$3,361$1,962
12 years$4,809$4,254$3,756$3,310$2,912$1,604
13 years$4,393$3,844$3,356$2,922$2,540$1,317
14 years$4,037$3,494$3,015$2,594$2,226$1,086
15 years$3,729$3,192$2,722$2,313$1,960$898
16 years$3,460$2,929$2,468$2,071$1,732$745
17 years$3,223$2,697$2,246$1,861$1,536$619
18 years$3,012$2,492$2,050$1,677$1,366$515
19 years$2,824$2,310$1,877$1,516$1,217$429
20 years$2,654$2,147$1,722$1,373$1,087$358
21 years$2,501$1,999$1,584$1,246$973$299
22 years$2,363$1,866$1,460$1,133$872$250
23 years$2,236$1,746$1,348$1,032$783$209
24 years$2,120$1,636$1,247$941$704$175
25 years$2,014$1,535$1,155$859$633$147
26 years$1,915$1,443$1,071$786$570$123
27 years$1,825$1,358$995$719$514$103
28 years$1,741$1,279$925$659$464$86
29 years$1,663$1,207$860$604$419$73
30 years$1,590$1,140$801$554$379$61
31 years$1,522$1,077$747$509$342$51
32 years$1,458$1,019$697$468$310$43
33 years$1,399$965$651$430$280$36
34 years$1,343$915$608$396$254$30
35 years$1,290$868$569$365$230$25
36 years$1,240$824$532$336$208$21
37 years$1,194$782$498$309$189$18
38 years$1,149$744$466$285$171$15
39 years$1,107$707$437$263$155$13
40 years$1,068$673$409$242$141$11
41 years$1,030$640$384$224$128$9
42 years$994$610$360$206$116$7
43 years$960$581$338$191$105$6
44 years$928$554$317$176$95$5
45 years$897$528$298$163$87$4
46 years$868$504$280$150$79$4
47 years$840$481$263$139$71$3
48 years$813$459$247$128$65$3
49 years$787$438$232$118$59$2
50 years$763$419$218$109$54$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $781,000, adding $2,071 every year, while hoping to spend $54,587 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: 74/19/7 Blend
29$781,000$781,000$781,000$781,000
30$862,798$821,405$809,300$925,672
31$892,724$803,574$778,331$949,528
32$923,872$783,039$744,496$968,547
33$956,310$759,612$707,639$987,828
34$990,110$733,089$667,602$1,007,379
35$1,025,350$703,259$624,215$1,027,207
36$1,062,113$669,896$577,304$1,047,324
37$1,100,490$632,762$526,685$1,067,742
38$1,140,577$591,605$472,166$1,088,477
39$1,182,480$546,158$413,548$1,109,548
40$1,226,312$496,139$350,621$1,130,975
41$1,272,197$441,251$283,168$1,152,784
42$1,320,267$381,178$210,960$1,175,005
43$1,370,668$315,589$133,760$1,197,672
44$1,423,554$244,131$51,319$1,220,824
45$1,479,097$166,434$0$1,244,509
46$1,537,481$82,105$0$1,271,517
47$1,598,907$0$0$1,303,440
48$1,663,593$0$0$1,338,470
49$1,731,778$0$0$1,393,501
50$1,803,720$0$0$1,451,579
51$1,879,702$0$0$1,512,932
52$1,960,033$0$0$1,577,812
53$2,045,048$0$0$1,646,493
54$2,135,115$0$0$1,719,273
55$2,230,636$0$0$1,796,479
56$2,332,048$0$0$1,878,468
57$2,439,832$0$0$1,965,631
58$2,554,512$0$0$2,058,394
59$2,676,662$0$0$2,157,225
60$2,806,912$0$0$2,262,637
61$2,945,951$0$0$2,375,190
62$3,094,532$0$0$2,495,499
63$3,253,484$0$0$2,624,238
64$3,423,713$0$0$2,762,146
65$3,606,214$0$0$2,910,032
66$3,802,078$0$0$3,068,787
67$4,012,504$0$0$3,239,385
68$4,238,805$0$0$3,422,898
69$4,482,426$0$0$3,620,503
70$4,744,950$0$0$3,833,489
71$5,028,120$0$0$4,063,277
72$5,333,847$0$0$4,311,424
73$5,664,233$0$0$4,579,643
74$6,021,589$0$0$4,869,817
75$6,408,452$0$0$5,184,015
76$6,827,613$0$0$5,524,512
77$7,282,143$0$0$5,893,809
78$7,775,415$0$0$6,294,657
79$8,311,142$0$0$6,730,081
80$8,893,406$0$0$7,203,409
81$9,526,698$0$0$7,718,303
82$10,215,960$0$0$8,278,791
83$10,966,629$0$0$8,889,305
84$11,784,689$0$0$9,554,723
85$12,676,724$0$0$10,280,413
86$13,649,982$0$0$11,072,283
87$14,712,439$0$0$11,936,837
88$15,872,876$0$0$12,881,234
89$17,140,961$0$0$13,913,354
90$18,527,336$0$0$15,041,875
91$20,043,718$0$0$16,276,350
92$21,703,009$0$0$17,627,298
93$23,519,414$0$0$19,106,302
94$25,508,578$0$0$20,726,116
95$27,687,728$0$0$22,500,787
96$30,075,835$0$0$24,445,783
97$32,693,793$0$0$26,578,141
98$35,564,615$0$0$28,916,625
99$38,713,647$0$0$31,481,901
100$42,168,805$0$0$34,296,732