Can I retire at age 30 with 728,000?

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 $728,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$60,118$59,582$59,060$58,550$58,052$56,037
2 years$29,761$29,207$28,670$28,149$27,644$25,634
3 years$19,644$19,087$18,551$18,035$17,538$15,598
4 years$14,586$14,031$13,501$12,993$12,508$10,652
5 years$11,552$11,000$10,477$9,980$9,509$7,741
6 years$9,530$8,983$8,467$7,981$7,524$5,846
7 years$8,087$7,544$7,036$6,562$6,119$4,530
8 years$7,004$6,466$5,967$5,505$5,076$3,576
9 years$6,163$5,630$5,139$4,689$4,275$2,861
10 years$5,490$4,963$4,481$4,042$3,642$2,313
11 years$4,940$4,418$3,945$3,517$3,133$1,885
12 years$4,482$3,965$3,501$3,085$2,715$1,545
13 years$4,095$3,583$3,128$2,724$2,367$1,273
14 years$3,763$3,257$2,810$2,418$2,075$1,053
15 years$3,476$2,976$2,537$2,156$1,827$874
16 years$3,225$2,730$2,300$1,931$1,615$728
17 years$3,004$2,514$2,093$1,735$1,432$607
18 years$2,808$2,323$1,911$1,563$1,273$507
19 years$2,632$2,153$1,749$1,413$1,135$424
20 years$2,474$2,001$1,606$1,279$1,014$356
21 years$2,332$1,864$1,477$1,161$907$298
22 years$2,202$1,740$1,361$1,056$813$250
23 years$2,084$1,627$1,257$962$730$210
24 years$1,976$1,525$1,162$877$656$177
25 years$1,877$1,431$1,076$801$590$149
26 years$1,785$1,345$998$732$532$125
27 years$1,701$1,265$927$670$479$105
28 years$1,623$1,192$862$614$433$89
29 years$1,550$1,125$802$563$391$75
30 years$1,482$1,062$747$517$353$63
31 years$1,419$1,004$696$475$319$53
32 years$1,359$950$650$436$289$45
33 years$1,304$900$607$401$261$38
34 years$1,252$853$567$369$236$32
35 years$1,202$809$530$340$214$27
36 years$1,156$768$496$313$194$22
37 years$1,113$729$464$288$176$19
38 years$1,071$693$435$266$159$16
39 years$1,032$659$407$245$145$13
40 years$995$627$382$226$131$11
41 years$960$597$358$209$119$10
42 years$927$568$336$192$108$8
43 years$895$542$315$178$98$7
44 years$865$516$296$164$89$6
45 years$836$492$278$151$81$5
46 years$809$470$261$140$73$4
47 years$783$448$245$129$67$3
48 years$758$428$230$119$60$3
49 years$734$409$216$110$55$2
50 years$711$390$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 $728,000, adding $3,114 every year, while hoping to spend $30,667 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: 84/6/10 Blend
29$728,000$728,000$728,000$728,000
30$805,468$766,884$755,600$871,669
31$854,996$771,832$748,283$920,368
32$908,549$775,994$739,693$969,409
33$966,503$779,301$729,756$1,022,335
34$1,029,275$781,675$718,391$1,079,518
35$1,097,322$783,038$705,518$1,141,366
36$1,171,147$783,304$691,051$1,208,333
37$1,251,301$782,383$674,898$1,280,913
38$1,338,392$780,179$656,966$1,359,653
39$1,433,090$776,590$637,156$1,445,158
40$1,536,130$771,508$615,366$1,538,089
41$1,648,321$764,817$591,486$1,639,178
42$1,770,555$756,398$565,405$1,749,230
43$1,903,810$746,120$537,005$1,869,133
44$2,049,166$733,847$506,162$1,999,863
45$2,207,810$719,435$472,748$2,142,498
46$2,381,049$702,730$436,628$2,298,223
47$2,570,322$683,569$397,660$2,468,347
48$2,777,212$661,782$355,700$2,654,308
49$3,003,464$637,185$310,592$2,857,695
50$3,250,997$609,587$262,177$3,080,256
51$3,521,926$578,784$210,287$3,323,919
52$3,818,579$544,561$154,747$3,590,806
53$4,143,518$506,689$95,376$3,883,257
54$4,499,568$464,928$31,982$4,203,852
55$4,889,838$419,023$0$4,555,433
56$5,317,751$368,705$0$4,944,936
57$5,787,080$313,689$0$5,375,896
58$6,301,978$253,676$0$5,848,723
59$6,867,021$188,348$0$6,367,634
60$7,487,249$117,369$0$6,937,271
61$8,168,214$40,385$0$7,562,753
62$8,916,031$0$0$8,249,716
63$9,737,438$0$0$9,007,209
64$10,639,855$0$0$9,842,352
65$11,631,458$0$0$10,760,047
66$12,721,254$0$0$11,768,630
67$13,919,166$0$0$12,877,287
68$15,236,126$0$0$14,096,138
69$16,684,178$0$0$15,436,330
70$18,276,592$0$0$16,910,147
71$20,027,986$0$0$18,531,121
72$21,954,469$0$0$20,314,164
73$24,073,787$0$0$22,275,702
74$26,405,494$0$0$24,433,836
75$28,971,135$0$0$26,808,508
76$31,794,449$0$0$29,421,694
77$34,901,590$0$0$32,297,605
78$38,321,380$0$0$35,462,917
79$42,085,572$0$0$38,947,027
80$46,229,158$0$0$42,782,323
81$50,790,691$0$0$47,004,494
82$55,812,655$0$0$51,652,865
83$61,341,861$0$0$56,770,769
84$67,429,889$0$0$62,405,951
85$74,133,578$0$0$68,611,027
86$81,515,557$0$0$75,443,969
87$89,644,839$0$0$82,968,662
88$98,597,470$0$0$91,255,501
89$108,457,249$0$0$100,382,053
90$119,316,515$0$0$110,433,797
91$131,277,020$0$0$121,504,921
92$144,450,888$0$0$133,699,216
93$158,961,675$0$0$147,131,054
94$174,945,530$0$0$161,926,468
95$192,552,487$0$0$178,224,336
96$211,947,873$0$0$196,177,701
97$233,313,871$0$0$215,955,204
98$256,851,241$0$0$237,742,686
99$282,781,213$0$0$261,744,932
100$311,347,573$0$0$288,187,611