Can I retire at age 30 with 786,000?

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 $786,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$64,907$64,329$63,765$63,214$62,677$60,453
2 years$32,132$31,534$30,954$30,392$29,846$27,629
3 years$21,209$20,608$20,029$19,472$18,936$16,796
4 years$15,748$15,149$14,576$14,029$13,505$11,458
5 years$12,472$11,877$11,312$10,775$10,266$8,318
6 years$10,289$9,698$9,142$8,617$8,123$6,275
7 years$8,731$8,145$7,597$7,085$6,606$4,857
8 years$7,562$6,981$6,443$5,943$5,481$3,830
9 years$6,654$6,079$5,549$5,062$4,616$3,060
10 years$5,928$5,358$4,838$4,364$3,933$2,471
11 years$5,334$4,770$4,259$3,798$3,382$2,011
12 years$4,839$4,281$3,780$3,331$2,931$1,646
13 years$4,421$3,869$3,377$2,941$2,556$1,355
14 years$4,063$3,517$3,034$2,611$2,240$1,119
15 years$3,753$3,213$2,740$2,328$1,973$928
16 years$3,482$2,948$2,484$2,085$1,743$771
17 years$3,243$2,715$2,260$1,873$1,546$642
18 years$3,031$2,508$2,063$1,688$1,375$536
19 years$2,842$2,325$1,889$1,525$1,225$448
20 years$2,671$2,160$1,733$1,381$1,094$374
21 years$2,517$2,012$1,594$1,254$979$314
22 years$2,378$1,878$1,469$1,140$878$263
23 years$2,250$1,757$1,357$1,038$788$220
24 years$2,134$1,646$1,255$947$708$185
25 years$2,026$1,545$1,162$865$637$155
26 years$1,928$1,452$1,078$791$574$130
27 years$1,836$1,366$1,001$724$518$110
28 years$1,752$1,287$930$663$467$92
29 years$1,673$1,215$866$608$422$77
30 years$1,600$1,147$807$558$381$65
31 years$1,532$1,084$752$512$344$55
32 years$1,468$1,026$702$471$312$46
33 years$1,408$972$655$433$282$39
34 years$1,351$921$612$399$255$33
35 years$1,298$873$572$367$231$27
36 years$1,248$829$535$338$210$23
37 years$1,201$787$501$311$190$19
38 years$1,157$748$469$287$172$16
39 years$1,115$712$440$265$156$14
40 years$1,075$677$412$244$142$12
41 years$1,037$644$386$225$128$10
42 years$1,001$614$362$208$117$8
43 years$966$585$340$192$106$7
44 years$934$557$319$177$96$6
45 years$903$532$300$164$87$5
46 years$873$507$282$151$79$4
47 years$845$484$264$140$72$3
48 years$818$462$249$129$65$3
49 years$792$441$234$119$59$2
50 years$767$421$220$110$54$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $786,000, adding $2,525 every year, while hoping to spend $46,811 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: 55/35/10 Blend
29$786,000$786,000$786,000$786,000
30$868,777$827,119$814,936$914,266
31$907,585$817,841$792,429$936,070
32$948,783$806,540$767,600$954,445
33$992,566$793,066$740,321$973,340
34$1,039,144$777,263$710,459$992,811
35$1,088,752$758,964$677,874$1,012,924
36$1,141,644$737,992$642,422$1,033,754
37$1,198,098$714,161$603,950$1,055,385
38$1,258,421$687,272$562,299$1,077,915
39$1,322,948$657,116$517,304$1,101,452
40$1,392,045$623,472$468,791$1,126,119
41$1,466,117$586,105$416,578$1,152,058
42$1,545,605$544,767$360,477$1,179,424
43$1,630,993$499,198$300,290$1,208,396
44$1,722,815$449,119$235,810$1,239,173
45$1,821,654$394,238$166,822$1,271,980
46$1,928,154$334,247$93,101$1,307,070
47$2,043,018$268,817$14,413$1,344,725
48$2,167,021$197,604$0$1,385,264
49$2,301,014$120,244$0$1,436,464
50$2,445,933$36,352$0$1,493,425
51$2,602,806$0$0$1,555,081
52$2,772,762$0$0$1,642,942
53$2,957,044$0$0$1,753,450
54$3,157,019$0$0$1,873,432
55$3,374,190$0$0$2,003,798
56$3,610,210$0$0$2,145,549
57$3,866,897$0$0$2,299,785
58$4,146,252$0$0$2,467,718
59$4,450,477$0$0$2,650,681
60$4,781,994$0$0$2,850,141
61$5,143,469$0$0$3,067,712
62$5,537,836$0$0$3,305,171
63$5,968,326$0$0$3,564,474
64$6,438,493$0$0$3,847,775
65$6,952,250$0$0$4,157,444
66$7,513,908$0$0$4,496,090
67$8,128,209$0$0$4,866,589
68$8,800,377$0$0$5,272,102
69$9,536,164$0$0$5,716,116
70$10,341,903$0$0$6,202,466
71$11,224,568$0$0$6,735,378
72$12,191,841$0$0$7,319,505
73$13,252,179$0$0$7,959,972
74$14,414,901$0$0$8,662,424
75$15,690,267$0$0$9,433,078
76$17,089,579$0$0$10,278,782
77$18,625,286$0$0$11,207,079
78$20,311,101$0$0$12,226,278
79$22,162,130$0$0$13,345,532
80$24,195,011$0$0$14,574,923
81$26,428,075$0$0$15,925,558
82$28,881,515$0$0$17,409,674
83$31,577,575$0$0$19,040,751
84$34,540,764$0$0$20,833,639
85$37,798,079$0$0$22,804,700
86$41,379,266$0$0$24,971,959
87$45,317,096$0$0$27,355,276
88$49,647,675$0$0$29,976,530
89$54,410,783$0$0$32,859,829
90$59,650,248$0$0$36,031,735
91$65,414,359$0$0$39,521,511
92$71,756,323$0$0$43,361,402
93$78,734,763$0$0$47,586,936
94$86,414,271$0$0$52,237,258
95$94,866,019$0$0$57,355,502
96$104,168,426$0$0$62,989,193
97$114,407,900$0$0$69,190,699
98$125,679,651$0$0$76,017,721
99$138,088,588$0$0$83,533,841
100$151,750,309$0$0$91,809,118