Can I retire at age 30 with 725,000?

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 $725,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$59,870$59,337$58,816$58,308$57,813$55,783
2 years$29,639$29,087$28,552$28,033$27,530$25,507
3 years$19,563$19,008$18,475$17,961$17,466$15,513
4 years$14,526$13,973$13,445$12,940$12,457$10,588
5 years$11,504$10,955$10,434$9,939$9,470$7,690
6 years$9,491$8,946$8,432$7,948$7,493$5,805
7 years$8,053$7,513$7,007$6,535$6,094$4,496
8 years$6,975$6,440$5,943$5,482$5,055$3,547
9 years$6,138$5,607$5,118$4,669$4,257$2,836
10 years$5,468$4,942$4,462$4,025$3,627$2,291
11 years$4,920$4,400$3,929$3,503$3,120$1,866
12 years$4,464$3,949$3,486$3,073$2,704$1,529
13 years$4,078$3,569$3,115$2,713$2,358$1,259
14 years$3,748$3,244$2,799$2,408$2,067$1,041
15 years$3,462$2,963$2,527$2,147$1,820$863
16 years$3,212$2,719$2,291$1,923$1,608$718
17 years$2,992$2,504$2,085$1,728$1,426$598
18 years$2,796$2,314$1,903$1,557$1,268$500
19 years$2,621$2,144$1,742$1,407$1,130$418
20 years$2,464$1,993$1,599$1,274$1,009$350
21 years$2,322$1,856$1,471$1,156$903$293
22 years$2,193$1,733$1,355$1,051$810$246
23 years$2,076$1,620$1,252$958$727$206
24 years$1,968$1,518$1,157$873$653$173
25 years$1,869$1,425$1,072$798$588$146
26 years$1,778$1,339$994$729$530$122
27 years$1,694$1,260$923$668$477$103
28 years$1,616$1,188$858$612$431$87
29 years$1,543$1,120$799$561$389$73
30 years$1,476$1,058$744$515$351$61
31 years$1,413$1,000$694$473$318$52
32 years$1,354$946$647$434$287$43
33 years$1,298$896$604$400$260$37
34 years$1,246$849$565$368$236$31
35 years$1,198$806$528$338$213$26
36 years$1,151$765$494$312$193$22
37 years$1,108$726$462$287$175$18
38 years$1,067$690$433$265$159$15
39 years$1,028$656$405$244$144$13
40 years$991$624$380$225$131$11
41 years$956$594$356$208$119$9
42 years$923$566$334$192$108$8
43 years$891$539$314$177$98$7
44 years$861$514$294$163$89$6
45 years$833$490$276$151$80$5
46 years$805$468$260$139$73$4
47 years$779$446$244$129$66$3
48 years$754$426$229$119$60$3
49 years$731$407$215$110$55$2
50 years$708$389$203$102$50$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $725,000, adding $6,650 every year, while hoping to spend $50,461 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: 32/44/24 Blend
29$725,000$725,000$725,000$725,000
30$805,809$767,384$756,147$825,482
31$834,312$751,296$727,788$824,842
32$864,030$732,728$696,787$819,168
33$895,036$711,506$663,004$812,035
34$927,404$687,445$626,289$803,349
35$961,218$660,348$586,488$793,010
36$996,566$630,009$543,440$780,913
37$1,033,544$596,208$496,974$766,950
38$1,072,258$558,714$446,914$751,006
39$1,112,819$517,282$393,076$732,962
40$1,155,349$471,652$335,268$712,695
41$1,199,982$421,550$273,286$690,075
42$1,246,861$366,687$206,922$664,967
43$1,296,143$306,757$135,957$637,230
44$1,347,998$241,436$60,160$606,719
45$1,402,612$170,384$0$573,282
46$1,460,185$93,240$0$542,070
47$1,520,937$9,622$0$524,399
48$1,585,108$0$0$504,745
49$1,652,959$0$0$522,158
50$1,724,776$0$0$545,570
51$1,800,869$0$0$570,430
52$1,881,579$0$0$596,856
53$1,967,277$0$0$624,976
54$2,058,371$0$0$654,933
55$2,155,304$0$0$686,882
56$2,258,565$0$0$720,991
57$2,368,686$0$0$757,447
58$2,486,251$0$0$796,453
59$2,611,901$0$0$838,233
60$2,746,337$0$0$883,031
61$2,890,328$0$0$931,117
62$3,044,718$0$0$982,785
63$3,210,432$0$0$1,038,358
64$3,388,486$0$0$1,098,194
65$3,579,996$0$0$1,162,681
66$3,786,184$0$0$1,232,249
67$4,008,397$0$0$1,307,368
68$4,248,109$0$0$1,388,556
69$4,506,945$0$0$1,476,383
70$4,786,686$0$0$1,571,473
71$5,089,291$0$0$1,674,514
72$5,416,914$0$0$1,786,262
73$5,771,924$0$0$1,907,547
74$6,156,922$0$0$2,039,285
75$6,574,773$0$0$2,182,482
76$7,028,625$0$0$2,338,243
77$7,521,941$0$0$2,507,785
78$8,058,531$0$0$2,692,449
79$8,642,589$0$0$2,893,707
80$9,278,726$0$0$3,113,183
81$9,972,019$0$0$3,352,662
82$10,728,054$0$0$3,614,108
83$11,552,979$0$0$3,899,685
84$12,453,563$0$0$4,211,775
85$13,437,255$0$0$4,552,999
86$14,512,257$0$0$4,926,244
87$15,687,597$0$0$5,334,688
88$16,973,218$0$0$5,781,831
89$18,380,064$0$0$6,271,528
90$19,920,190$0$0$6,808,023
91$21,606,867$0$0$7,395,989
92$23,454,712$0$0$8,040,574
93$25,479,822$0$0$8,747,448
94$27,699,924$0$0$9,522,855
95$30,134,542$0$0$10,373,674
96$32,805,183$0$0$11,307,480
97$35,735,531$0$0$12,332,618
98$38,951,678$0$0$13,458,282
99$42,482,363$0$0$14,694,597
100$46,359,242$0$0$16,052,718