Can I retire at age 30 with 784,000?

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 $784,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$64,742$64,165$63,603$63,053$62,517$61,205
2 years$32,050$31,454$30,875$30,314$29,770$28,454
3 years$21,155$20,555$19,978$19,423$18,887$17,609
4 years$15,708$15,110$14,539$13,993$13,471$12,239
5 years$12,441$11,847$11,283$10,748$10,240$9,060
6 years$10,263$9,674$9,118$8,595$8,103$6,974
7 years$8,709$8,124$7,577$7,067$6,590$5,513
8 years$7,543$6,964$6,426$5,928$5,467$4,442
9 years$6,637$6,063$5,535$5,049$4,604$3,631
10 years$5,913$5,344$4,825$4,353$3,923$3,000
11 years$5,320$4,758$4,248$3,788$3,374$2,500
12 years$4,827$4,270$3,770$3,323$2,924$2,097
13 years$4,410$3,859$3,368$2,933$2,549$1,770
14 years$4,053$3,508$3,027$2,604$2,235$1,500
15 years$3,744$3,204$2,733$2,322$1,968$1,276
16 years$3,473$2,940$2,477$2,079$1,739$1,089
17 years$3,235$2,708$2,254$1,868$1,542$932
18 years$3,024$2,502$2,058$1,684$1,371$799
19 years$2,835$2,319$1,884$1,521$1,222$686
20 years$2,665$2,155$1,729$1,378$1,092$590
21 years$2,511$2,007$1,590$1,250$977$509
22 years$2,372$1,874$1,466$1,137$876$439
23 years$2,244$1,752$1,353$1,035$786$379
24 years$2,128$1,642$1,252$944$706$327
25 years$2,021$1,541$1,159$862$636$283
26 years$1,923$1,448$1,075$789$573$245
27 years$1,832$1,363$998$722$516$212
28 years$1,747$1,284$928$661$466$184
29 years$1,669$1,211$864$606$421$159
30 years$1,596$1,144$805$557$380$138
31 years$1,528$1,082$750$511$344$120
32 years$1,464$1,023$700$470$311$104
33 years$1,404$969$653$432$281$90
34 years$1,348$919$610$397$255$78
35 years$1,295$871$571$366$231$68
36 years$1,245$827$534$337$209$59
37 years$1,198$785$500$311$189$51
38 years$1,154$746$468$286$172$44
39 years$1,112$710$438$264$156$39
40 years$1,072$675$411$243$141$33
41 years$1,034$643$385$225$128$29
42 years$998$612$361$207$116$25
43 years$964$583$339$191$106$22
44 years$932$556$318$177$96$19
45 years$901$530$299$163$87$17
46 years$871$506$281$151$79$14
47 years$843$483$264$139$72$12
48 years$816$461$248$129$65$11
49 years$790$440$233$119$59$9
50 years$765$420$219$110$54$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $784,000, adding $2,105 every year, while hoping to spend $23,602 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: 49/21/30 Blend
29$784,000$784,000$784,000$784,000
30$866,139$824,587$812,435$901,089
31$929,373$839,880$814,540$941,174
32$998,266$855,130$815,923$982,219
33$1,073,370$870,313$816,537$1,026,366
34$1,155,292$885,397$816,330$1,073,920
35$1,244,703$900,352$815,248$1,125,220
36$1,342,338$915,145$813,234$1,180,638
37$1,449,008$929,738$810,229$1,240,586
38$1,565,606$944,094$806,171$1,305,518
39$1,693,113$958,171$800,993$1,375,934
40$1,832,613$971,923$794,629$1,452,388
41$1,985,296$985,304$787,005$1,535,492
42$2,152,474$998,262$778,048$1,625,917
43$2,335,591$1,010,741$767,677$1,724,409
44$2,536,239$1,022,685$755,812$1,831,788
45$2,756,169$1,034,030$742,365$1,948,959
46$2,997,310$1,044,710$727,247$2,076,922
47$3,261,789$1,054,654$710,362$2,216,779
48$3,551,945$1,063,785$691,613$2,369,747
49$3,870,356$1,072,024$670,895$2,537,168
50$4,219,863$1,079,284$648,101$2,720,524
51$4,603,594$1,085,473$623,117$2,921,449
52$5,024,995$1,090,496$595,825$3,141,745
53$5,487,861$1,094,247$566,102$3,383,400
54$5,996,374$1,096,616$533,818$3,648,610
55$6,555,142$1,097,488$498,839$3,939,793
56$7,169,239$1,096,737$461,022$4,259,620
57$7,844,256$1,094,232$420,221$4,611,034
58$8,586,352$1,089,832$376,281$4,997,283
59$9,402,316$1,083,389$329,042$5,421,950
60$10,299,622$1,074,745$278,335$5,888,984
61$11,286,509$1,063,733$223,984$6,402,743
62$12,372,053$1,050,176$165,808$6,968,032
63$13,566,254$1,033,886$103,614$7,590,150
64$14,880,128$1,014,663$37,202$8,274,940
65$16,325,817$992,297$0$9,028,848
66$17,916,695$966,565$0$9,869,757
67$19,667,501$937,229$0$10,808,133
68$21,594,473$904,040$0$11,840,769
69$23,715,504$866,733$0$12,977,267
70$26,050,310$825,027$0$14,228,212
71$28,620,614$778,626$0$15,605,268
72$31,450,354$727,217$0$17,121,290
73$34,565,907$670,467$0$18,790,448
74$37,996,335$608,026$0$20,628,358
75$41,773,666$539,523$0$22,652,231
76$45,933,188$464,568$0$24,881,036
77$50,513,788$382,747$0$27,335,678
78$55,558,314$293,621$0$30,039,198
79$61,113,984$196,730$0$33,016,990
80$67,232,827$91,586$0$36,297,040
81$73,972,176$0$0$39,910,194
82$81,395,209$0$0$43,895,603
83$89,571,544$0$0$48,308,891
84$98,577,898$0$0$53,170,316
85$108,498,806$0$0$58,525,525
86$119,427,425$0$0$64,424,819
87$131,466,407$0$0$70,923,625
88$144,728,874$0$0$78,083,025
89$159,339,478$0$0$85,970,328
90$175,435,584$0$0$94,659,704
91$193,168,562$0$0$104,232,890
92$212,705,219$0$0$114,779,954
93$234,229,369$0$0$126,400,151
94$257,943,570$0$0$139,202,856
95$284,071,039$0$0$153,308,599
96$312,857,752$0$0$168,850,200
97$344,574,771$0$0$185,974,024
98$379,520,800$0$0$204,841,362
99$418,025,005$0$0$225,629,956
100$460,450,121$0$0$248,535,672