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%13.8%
1 years$64,577$64,002$63,440$62,893$62,358$61,375
2 years$31,969$31,373$30,796$30,237$29,694$28,707
3 years$21,101$20,503$19,927$19,373$18,839$17,878
4 years$15,668$15,072$14,502$13,957$13,436$12,508
5 years$12,409$11,816$11,254$10,720$10,214$9,322
6 years$10,237$9,649$9,095$8,573$8,082$7,227
7 years$8,686$8,103$7,558$7,049$6,573$5,755
8 years$7,524$6,946$6,410$5,913$5,453$4,672
9 years$6,620$6,048$5,521$5,036$4,592$3,848
10 years$5,898$5,331$4,813$4,341$3,913$3,205
11 years$5,307$4,746$4,237$3,778$3,365$2,693
12 years$4,815$4,259$3,761$3,314$2,916$2,278
13 years$4,399$3,849$3,360$2,926$2,543$1,939
14 years$4,043$3,499$3,019$2,597$2,229$1,658
15 years$3,734$3,196$2,726$2,316$1,963$1,423
16 years$3,465$2,933$2,471$2,074$1,735$1,225
17 years$3,227$2,701$2,249$1,863$1,538$1,058
18 years$3,016$2,496$2,053$1,679$1,368$916
19 years$2,827$2,313$1,879$1,517$1,219$795
20 years$2,658$2,149$1,725$1,374$1,089$690
21 years$2,505$2,002$1,586$1,247$974$601
22 years$2,366$1,869$1,462$1,134$873$523
23 years$2,239$1,748$1,350$1,033$784$456
24 years$2,123$1,638$1,248$942$705$398
25 years$2,016$1,537$1,156$860$634$348
26 years$1,918$1,444$1,072$787$571$304
27 years$1,827$1,359$996$720$515$266
28 years$1,743$1,281$926$660$465$233
29 years$1,665$1,208$861$605$420$204
30 years$1,592$1,141$802$555$379$179
31 years$1,524$1,079$748$510$343$157
32 years$1,460$1,021$698$469$310$138
33 years$1,400$967$652$431$281$121
34 years$1,344$916$609$396$254$106
35 years$1,292$869$569$365$230$93
36 years$1,242$825$533$336$208$81
37 years$1,195$783$498$310$189$71
38 years$1,151$744$467$285$171$63
39 years$1,109$708$437$263$155$55
40 years$1,069$674$410$243$141$48
41 years$1,031$641$384$224$128$42
42 years$996$611$361$207$116$37
43 years$962$582$338$191$105$33
44 years$929$555$318$176$96$29
45 years$898$529$298$163$87$25
46 years$869$504$280$150$79$22
47 years$841$481$263$139$72$20
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 $3,153 every year, while hoping to spend $29,259 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: 60/19/21 Blend
29$782,000$782,000$782,000$782,000
30$865,016$823,570$811,449$911,955
31$922,117$832,794$807,502$953,358
32$984,061$841,489$802,441$995,026
33$1,051,311$849,598$796,199$1,039,832
34$1,124,378$857,062$788,705$1,088,086
35$1,203,821$863,815$779,883$1,140,129
36$1,290,258$869,788$769,656$1,196,337
37$1,384,366$874,909$757,941$1,257,128
38$1,486,891$879,100$744,652$1,322,961
39$1,598,656$882,278$729,700$1,394,343
40$1,720,564$884,355$712,990$1,471,833
41$1,853,611$885,237$694,424$1,556,050
42$1,998,891$884,825$673,899$1,647,676
43$2,157,610$883,014$651,307$1,747,464
44$2,331,095$879,691$626,535$1,856,244
45$2,520,809$874,738$599,466$1,974,934
46$2,728,359$868,028$569,976$2,104,547
47$2,955,518$859,428$537,937$2,246,198
48$3,204,237$848,795$503,213$2,401,120
49$3,476,664$835,981$465,665$2,570,674
50$3,775,164$820,824$425,146$2,756,360
51$4,102,343$803,157$381,501$2,959,835
52$4,461,072$782,801$334,570$3,182,925
53$4,854,509$759,567$284,187$3,427,646
54$5,286,138$733,254$230,176$3,696,222
55$5,759,791$703,651$172,354$3,991,107
56$6,279,692$670,533$110,530$4,315,007
57$6,850,494$633,662$44,507$4,670,909
58$7,477,322$592,789$0$5,062,105
59$8,165,820$547,647$0$5,498,043
60$8,922,209$497,956$0$5,987,937
61$9,753,338$443,420$0$6,526,274
62$10,666,756$383,725$0$7,117,982
63$11,670,778$318,540$0$7,768,491
64$12,774,564$247,516$0$8,483,790
65$13,988,208$170,283$0$9,270,477
66$15,322,829$86,450$0$10,135,827
67$16,790,677$0$0$11,087,857
68$18,405,251$0$0$12,136,324
69$20,181,421$0$0$13,309,681
70$22,135,575$0$0$14,600,688
71$24,285,765$0$0$16,021,280
72$26,651,884$0$0$17,584,609
73$29,255,850$0$0$19,305,167
74$32,121,813$0$0$21,198,919
75$35,276,383$0$0$23,283,460
76$38,748,880$0$0$25,578,174
77$42,571,613$0$0$28,104,424
78$46,780,180$0$0$30,885,745
79$51,413,809$0$0$33,948,073
80$56,515,722$0$0$37,319,986
81$62,133,548$0$0$41,032,974
82$68,319,769$0$0$45,121,737
83$75,132,215$0$0$49,624,510
84$82,634,612$0$0$54,583,428
85$90,897,178$0$0$60,044,918
86$99,997,293$0$0$66,060,140
87$110,020,219$0$0$72,685,470
88$121,059,916$0$0$79,983,031
89$133,219,916$0$0$88,021,277
90$146,614,312$0$0$96,875,644
91$161,368,823$0$0$106,629,256
92$177,621,990$0$0$117,373,714
93$195,526,477$0$0$129,209,957
94$215,250,513$0$0$142,249,217
95$236,979,482$0$0$156,614,067
96$260,917,668$0$0$172,439,577
97$287,290,187$0$0$189,874,592
98$316,345,108$0$0$209,083,134
99$348,355,799$0$0$230,245,948
100$383,623,499$0$0$253,562,214