Can I retire at age 30 with 726,000?

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 $726,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$59,952$59,418$58,897$58,389$57,892$57,600
2 years$29,679$29,127$28,591$28,072$27,568$27,273
3 years$19,590$19,035$18,500$17,986$17,490$17,201
4 years$14,546$13,992$13,463$12,958$12,474$12,194
5 years$11,520$10,970$10,448$9,953$9,483$9,212
6 years$9,504$8,958$8,444$7,959$7,503$7,243
7 years$8,064$7,523$7,017$6,544$6,102$5,851
8 years$6,985$6,449$5,951$5,489$5,062$4,822
9 years$6,146$5,615$5,125$4,676$4,263$4,032
10 years$5,475$4,949$4,468$4,031$3,632$3,412
11 years$4,927$4,406$3,934$3,508$3,124$2,913
12 years$4,470$3,954$3,491$3,077$2,707$2,505
13 years$4,084$3,574$3,119$2,716$2,361$2,168
14 years$3,753$3,248$2,803$2,411$2,069$1,886
15 years$3,467$2,967$2,530$2,150$1,822$1,648
16 years$3,216$2,723$2,294$1,925$1,610$1,444
17 years$2,996$2,507$2,088$1,730$1,428$1,270
18 years$2,800$2,317$1,906$1,559$1,270$1,120
19 years$2,625$2,147$1,745$1,409$1,132$990
20 years$2,467$1,995$1,601$1,276$1,011$877
21 years$2,325$1,859$1,473$1,158$905$778
22 years$2,196$1,735$1,357$1,053$811$691
23 years$2,078$1,623$1,253$959$728$615
24 years$1,971$1,520$1,159$875$654$548
25 years$1,872$1,427$1,074$799$589$488
26 years$1,781$1,341$996$730$530$436
27 years$1,696$1,262$925$668$478$389
28 years$1,618$1,189$859$612$431$348
29 years$1,545$1,122$800$562$390$311
30 years$1,478$1,059$745$515$352$279
31 years$1,415$1,002$695$473$318$249
32 years$1,356$948$648$435$288$223
33 years$1,300$897$605$400$260$200
34 years$1,248$851$565$368$236$179
35 years$1,199$807$529$339$214$161
36 years$1,153$766$494$312$194$144
37 years$1,110$727$463$288$175$130
38 years$1,068$691$433$265$159$116
39 years$1,029$657$406$244$144$104
40 years$993$625$381$225$131$94
41 years$958$595$357$208$119$84
42 years$924$567$335$192$108$76
43 years$893$540$314$177$98$68
44 years$863$515$295$164$89$61
45 years$834$491$277$151$81$55
46 years$807$468$260$140$73$49
47 years$780$447$244$129$66$44
48 years$756$427$230$119$60$40
49 years$732$407$216$110$55$36
50 years$709$389$203$102$50$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $726,000, adding $5,974 every year, while hoping to spend $38,036 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: 58/17/25 Blend
29$726,000$726,000$726,000$726,000
30$806,214$767,736$756,483$847,199
31$847,978$764,885$741,355$873,014
32$892,727$760,620$724,446$896,582
33$940,725$754,830$705,655$921,473
34$992,263$747,401$684,878$947,824
35$1,047,659$738,208$662,007$975,788
36$1,107,261$727,122$636,925$1,005,536
37$1,171,455$714,004$609,515$1,037,257
38$1,240,661$698,708$579,651$1,071,163
39$1,315,342$681,078$547,203$1,107,489
40$1,396,006$660,950$512,034$1,146,494
41$1,483,213$638,151$474,002$1,188,469
42$1,577,577$612,497$432,957$1,233,734
43$1,679,773$583,792$388,744$1,282,648
44$1,790,543$551,831$341,200$1,335,604
45$1,910,704$516,396$290,156$1,393,043
46$2,041,154$477,257$235,434$1,455,452
47$2,182,879$434,171$176,848$1,523,371
48$2,336,966$386,879$114,207$1,597,397
49$2,504,611$335,110$47,306$1,678,196
50$2,687,127$278,576$0$1,766,500
51$2,885,962$216,974$0$1,869,550
52$3,102,708$149,984$0$1,995,707
53$3,339,117$77,265$0$2,133,395
54$3,597,117$0$0$2,283,785
55$3,878,831$0$0$2,448,454
56$4,186,598$0$0$2,644,197
57$4,522,988$0$0$2,858,205
58$4,890,834$0$0$3,092,288
59$5,293,256$0$0$3,348,437
60$5,733,687$0$0$3,628,847
61$6,215,908$0$0$3,935,932
62$6,744,084$0$0$4,272,355
63$7,322,799$0$0$4,641,043
64$7,957,104$0$0$5,045,224
65$8,652,560$0$0$5,488,452
66$9,415,294$0$0$5,974,641
67$10,252,052$0$0$6,508,101
68$11,170,266$0$0$7,093,581
69$12,178,121$0$0$7,736,313
70$13,284,635$0$0$8,442,058
71$14,499,741$0$0$9,217,163
72$15,834,379$0$0$10,068,620
73$17,300,604$0$0$11,004,132
74$18,911,694$0$0$12,032,184
75$20,682,278$0$0$13,162,125
76$22,628,472$0$0$14,404,253
77$24,768,030$0$0$15,769,916
78$27,120,514$0$0$17,271,614
79$29,707,475$0$0$18,923,120
80$32,552,657$0$0$20,739,608
81$35,682,221$0$0$22,737,798
82$39,124,990$0$0$24,936,109
83$42,912,722$0$0$27,354,838
84$47,080,407$0$0$30,016,348
85$51,666,599$0$0$32,945,279
86$56,713,779$0$0$36,168,779
87$62,268,753$0$0$39,716,763
88$68,383,094$0$0$43,622,193
89$75,113,630$0$0$47,921,388
90$82,522,978$0$0$52,654,367
91$90,680,134$0$0$57,865,228
92$99,661,123$0$0$63,602,560
93$109,549,720$0$0$69,919,905
94$120,438,233$0$0$76,876,260
95$132,428,379$0$0$84,536,636
96$145,632,242$0$0$92,972,669
97$160,173,328$0$0$102,263,296
98$176,187,733$0$0$112,495,501
99$193,825,423$0$0$123,765,133
100$213,251,655$0$0$136,177,812