Can I retire at age 30 with 735,000?

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 $735,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$60,696$60,155$59,627$59,113$58,610$56,329
2 years$30,047$29,488$28,945$28,420$27,909$25,639
3 years$19,833$19,271$18,730$18,209$17,707$15,518
4 years$14,726$14,166$13,630$13,118$12,629$10,539
5 years$11,663$11,106$10,578$10,076$9,600$7,614
6 years$9,622$9,069$8,548$8,058$7,596$5,716
7 years$8,164$7,616$7,104$6,625$6,178$4,402
8 years$7,072$6,528$6,025$5,557$5,125$3,452
9 years$6,222$5,684$5,189$4,734$4,316$2,743
10 years$5,543$5,010$4,524$4,081$3,678$2,202
11 years$4,988$4,460$3,983$3,551$3,163$1,782
12 years$4,525$4,003$3,535$3,115$2,741$1,450
13 years$4,134$3,618$3,158$2,750$2,390$1,186
14 years$3,800$3,289$2,837$2,441$2,095$974
15 years$3,510$3,004$2,562$2,177$1,845$802
16 years$3,256$2,756$2,323$1,949$1,630$662
17 years$3,033$2,538$2,113$1,751$1,446$548
18 years$2,835$2,346$1,929$1,578$1,285$454
19 years$2,657$2,174$1,766$1,426$1,146$377
20 years$2,498$2,020$1,621$1,292$1,023$313
21 years$2,354$1,882$1,491$1,172$916$260
22 years$2,223$1,756$1,374$1,066$821$217
23 years$2,104$1,643$1,269$971$737$180
24 years$1,995$1,539$1,173$885$662$150
25 years$1,895$1,444$1,087$809$596$125
26 years$1,803$1,358$1,008$739$537$104
27 years$1,717$1,278$936$677$484$87
28 years$1,638$1,204$870$620$437$73
29 years$1,565$1,136$810$569$394$61
30 years$1,496$1,073$754$522$356$51
31 years$1,432$1,014$703$479$322$42
32 years$1,372$959$656$440$291$35
33 years$1,316$909$613$405$264$29
34 years$1,264$861$572$373$239$25
35 years$1,214$817$535$343$216$21
36 years$1,167$775$501$316$196$17
37 years$1,123$736$469$291$178$14
38 years$1,082$700$439$268$161$12
39 years$1,042$665$411$247$146$10
40 years$1,005$633$385$228$132$8
41 years$969$603$361$211$120$7
42 years$936$574$339$194$109$6
43 years$904$547$318$179$99$5
44 years$873$521$298$166$90$4
45 years$844$497$280$153$82$3
46 years$817$474$263$141$74$3
47 years$790$452$247$131$67$2
48 years$765$432$232$121$61$2
49 years$741$412$218$111$55$2
50 years$718$394$205$103$50$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $735,000, adding $2,145 every year, while hoping to spend $53,031 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: 42/35/23 Blend
29$735,000$735,000$735,000$735,000
30$812,183$773,228$761,835$840,743
31$838,601$754,691$730,932$842,789
32$865,936$733,469$697,216$839,755
33$894,226$709,374$660,538$835,407
34$923,511$682,207$620,739$829,655
35$953,832$651,758$577,657$822,400
36$985,233$617,805$531,119$813,542
37$1,017,762$580,112$480,947$802,974
38$1,051,469$538,432$426,953$790,582
39$1,086,404$492,501$368,942$776,248
40$1,122,626$442,042$306,710$759,848
41$1,160,192$386,761$240,043$741,250
42$1,199,167$326,347$168,719$720,318
43$1,239,616$260,473$92,506$696,908
44$1,281,613$188,792$11,161$670,866
45$1,325,234$110,939$0$642,036
46$1,370,560$26,527$0$628,814
47$1,417,679$0$0$616,593
48$1,466,686$0$0$627,490
49$1,517,679$0$0$649,474
50$1,570,768$0$0$672,377
51$1,626,067$0$0$696,251
52$1,683,702$0$0$721,151
53$1,743,807$0$0$747,139
54$1,806,526$0$0$774,279
55$1,872,016$0$0$802,642
56$1,940,444$0$0$832,303
57$2,011,992$0$0$863,346
58$2,086,857$0$0$895,858
59$2,165,252$0$0$929,937
60$2,247,408$0$0$965,686
61$2,333,575$0$0$1,003,221
62$2,424,024$0$0$1,042,664
63$2,519,050$0$0$1,084,148
64$2,618,974$0$0$1,127,821
65$2,724,144$0$0$1,173,841
66$2,834,939$0$0$1,222,381
67$2,951,773$0$0$1,273,630
68$3,075,096$0$0$1,327,793
69$3,205,398$0$0$1,385,094
70$3,343,215$0$0$1,445,779
71$3,489,132$0$0$1,510,115
72$3,643,787$0$0$1,578,394
73$3,807,878$0$0$1,650,937
74$3,982,167$0$0$1,728,093
75$4,167,489$0$0$1,810,244
76$4,364,757$0$0$1,897,811
77$4,574,971$0$0$1,991,251
78$4,799,224$0$0$2,091,068
79$5,038,715$0$0$2,197,813
80$5,294,758$0$0$2,312,089
81$5,568,794$0$0$2,434,560
82$5,862,402$0$0$2,565,952
83$6,177,313$0$0$2,707,063
84$6,515,429$0$0$2,858,767
85$6,878,837$0$0$3,022,026
86$7,269,825$0$0$3,197,895
87$7,690,908$0$0$3,387,533
88$8,144,848$0$0$3,592,212
89$8,634,678$0$0$3,813,332
90$9,163,730$0$0$4,052,430
91$9,735,668$0$0$4,311,195
92$10,354,517$0$0$4,591,485
93$11,024,702$0$0$4,895,342
94$11,751,087$0$0$5,225,011
95$12,539,022$0$0$5,582,962
96$13,394,390$0$0$5,971,912
97$14,323,662$0$0$6,394,848
98$15,333,955$0$0$6,855,059
99$16,433,101$0$0$7,356,161
100$17,629,714$0$0$7,902,135