Can I retire at age 30 with 782,000?

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 $782,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$64,577$64,002$63,440$62,893$62,358$61,350
2 years$31,969$31,373$30,796$30,237$29,694$28,682
3 years$21,101$20,503$19,927$19,373$18,839$17,853
4 years$15,668$15,072$14,502$13,957$13,436$12,485
5 years$12,409$11,816$11,254$10,720$10,214$9,300
6 years$10,237$9,649$9,095$8,573$8,082$7,206
7 years$8,686$8,103$7,558$7,049$6,573$5,735
8 years$7,524$6,946$6,410$5,913$5,453$4,653
9 years$6,620$6,048$5,521$5,036$4,592$3,830
10 years$5,898$5,331$4,813$4,341$3,913$3,188
11 years$5,307$4,746$4,237$3,778$3,365$2,677
12 years$4,815$4,259$3,761$3,314$2,916$2,264
13 years$4,399$3,849$3,360$2,926$2,543$1,925
14 years$4,043$3,499$3,019$2,597$2,229$1,645
15 years$3,734$3,196$2,726$2,316$1,963$1,411
16 years$3,465$2,933$2,471$2,074$1,735$1,214
17 years$3,227$2,701$2,249$1,863$1,538$1,048
18 years$3,016$2,496$2,053$1,679$1,368$906
19 years$2,827$2,313$1,879$1,517$1,219$785
20 years$2,658$2,149$1,725$1,374$1,089$682
21 years$2,505$2,002$1,586$1,247$974$593
22 years$2,366$1,869$1,462$1,134$873$516
23 years$2,239$1,748$1,350$1,033$784$450
24 years$2,123$1,638$1,248$942$705$392
25 years$2,016$1,537$1,156$860$634$343
26 years$1,918$1,444$1,072$787$571$299
27 years$1,827$1,359$996$720$515$262
28 years$1,743$1,281$926$660$465$229
29 years$1,665$1,208$861$605$420$200
30 years$1,592$1,141$802$555$379$175
31 years$1,524$1,079$748$510$343$154
32 years$1,460$1,021$698$469$310$135
33 years$1,400$967$652$431$281$118
34 years$1,344$916$609$396$254$103
35 years$1,292$869$569$365$230$91
36 years$1,242$825$533$336$208$79
37 years$1,195$783$498$310$189$70
38 years$1,151$744$467$285$171$61
39 years$1,109$708$437$263$155$54
40 years$1,069$674$410$243$141$47
41 years$1,031$641$384$224$128$41
42 years$996$611$361$207$116$36
43 years$962$582$338$191$105$32
44 years$929$555$318$176$96$28
45 years$898$529$298$163$87$24
46 years$869$504$280$150$79$21
47 years$841$481$263$139$72$19
48 years$814$460$247$128$65$17
49 years$788$439$232$119$59$15
50 years$764$419$219$110$54$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $782,000, adding $6,190 every year, while hoping to spend $46,080 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: 29/46/25 Blend
29$782,000$782,000$782,000$782,000
30$868,149$826,703$814,582$886,442
31$907,671$818,183$792,842$892,696
32$949,681$807,700$768,829$894,952
33$994,382$795,112$742,418$896,436
34$1,041,999$780,263$713,480$897,111
35$1,092,779$762,991$681,877$896,942
36$1,146,990$743,125$647,467$895,895
37$1,204,926$720,481$610,101$893,939
38$1,266,912$694,868$569,623$891,043
39$1,333,302$666,082$525,870$887,180
40$1,404,484$633,905$478,671$882,327
41$1,480,884$598,110$427,850$876,463
42$1,562,972$558,455$373,221$869,574
43$1,651,261$514,684$314,589$861,651
44$1,746,314$466,528$251,752$852,691
45$1,848,751$413,701$184,499$842,700
46$1,959,253$355,902$112,609$831,693
47$2,078,566$292,811$35,851$819,696
48$2,207,513$224,092$0$806,746
49$2,346,996$149,389$0$805,184
50$2,498,007$68,326$0$813,794
51$2,661,637$0$0$823,160
52$2,839,086$0$0$843,330
53$3,031,672$0$0$902,861
54$3,240,847$0$0$967,630
55$3,468,205$0$0$1,038,144
56$3,715,503$0$0$1,114,964
57$3,984,672$0$0$1,198,703
58$4,277,838$0$0$1,290,039
59$4,597,338$0$0$1,389,717
60$4,945,746$0$0$1,498,557
61$5,325,896$0$0$1,617,463
62$5,740,905$0$0$1,747,427
63$6,194,206$0$0$1,889,544
64$6,689,577$0$0$2,045,020
65$7,231,178$0$0$2,215,180
66$7,823,589$0$0$2,401,487
67$8,471,853$0$0$2,605,548
68$9,181,524$0$0$2,829,134
69$9,958,715$0$0$3,074,199
70$10,810,161$0$0$3,342,889
71$11,743,277$0$0$3,637,572
72$12,766,232$0$0$3,960,855
73$13,888,020$0$0$4,315,608
74$15,118,549$0$0$4,704,994
75$16,468,731$0$0$5,132,498
76$17,950,587$0$0$5,601,956
77$19,577,356$0$0$6,117,596
78$21,363,624$0$0$6,684,075
79$23,325,456$0$0$7,306,523
80$25,480,552$0$0$7,990,592
81$27,848,409$0$0$8,742,509
82$30,450,505$0$0$9,569,132
83$33,310,504$0$0$10,478,020
84$36,454,475$0$0$11,477,499
85$39,911,141$0$0$12,576,742
86$43,712,142$0$0$13,785,857
87$47,892,343$0$0$15,115,980
88$52,490,154$0$0$16,579,381
89$57,547,894$0$0$18,189,578
90$63,112,191$0$0$19,961,466
91$69,234,421$0$0$21,911,459
92$75,971,190$0$0$24,057,639
93$83,384,866$0$0$26,419,933
94$91,544,173$0$0$29,020,296
95$100,524,832$0$0$31,882,920
96$110,410,277$0$0$35,034,462
97$121,292,443$0$0$38,504,296
98$133,272,630$0$0$42,324,786
99$146,462,460$0$0$46,531,598
100$160,984,926$0$0$51,164,029