Can I retire at age 30 with 738,000?

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 $738,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$60,943$60,400$59,871$59,354$58,849$57,922
2 years$30,170$29,608$29,064$28,536$28,023$27,092
3 years$19,914$19,349$18,806$18,283$17,779$16,872
4 years$14,786$14,224$13,686$13,172$12,680$11,804
5 years$11,711$11,152$10,621$10,117$9,639$8,797
6 years$9,661$9,106$8,583$8,091$7,627$6,820
7 years$8,198$7,647$7,133$6,652$6,203$5,431
8 years$7,100$6,555$6,049$5,580$5,146$4,409
9 years$6,248$5,707$5,210$4,753$4,334$3,632
10 years$5,566$5,031$4,542$4,097$3,693$3,025
11 years$5,008$4,479$3,999$3,566$3,176$2,541
12 years$4,544$4,020$3,549$3,128$2,752$2,150
13 years$4,151$3,633$3,171$2,761$2,400$1,830
14 years$3,815$3,302$2,849$2,451$2,104$1,564
15 years$3,524$3,016$2,572$2,186$1,852$1,343
16 years$3,270$2,768$2,332$1,957$1,637$1,156
17 years$3,045$2,549$2,122$1,759$1,451$999
18 years$2,846$2,355$1,937$1,585$1,291$864
19 years$2,668$2,183$1,773$1,432$1,150$750
20 years$2,508$2,028$1,628$1,297$1,027$651
21 years$2,364$1,889$1,497$1,177$919$567
22 years$2,232$1,764$1,380$1,070$824$494
23 years$2,113$1,649$1,274$975$740$431
24 years$2,003$1,545$1,178$889$665$376
25 years$1,903$1,450$1,091$812$598$329
26 years$1,810$1,363$1,012$742$539$287
27 years$1,724$1,283$940$679$486$251
28 years$1,645$1,209$874$623$438$220
29 years$1,571$1,140$813$571$396$193
30 years$1,502$1,077$757$524$358$169
31 years$1,438$1,018$706$481$323$148
32 years$1,378$963$659$442$293$130
33 years$1,322$912$615$407$265$114
34 years$1,269$865$575$374$240$100
35 years$1,219$820$537$344$217$88
36 years$1,172$778$503$317$197$77
37 years$1,128$739$470$292$178$67
38 years$1,086$703$441$269$162$59
39 years$1,046$668$413$248$147$52
40 years$1,009$636$387$229$133$46
41 years$973$605$363$211$121$40
42 years$940$576$340$195$109$35
43 years$907$549$319$180$99$31
44 years$877$523$300$166$90$27
45 years$848$499$281$154$82$24
46 years$820$476$264$142$74$21
47 years$793$454$248$131$67$18
48 years$768$434$233$121$61$16
49 years$744$414$219$112$56$14
50 years$721$396$206$103$51$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $738,000, adding $6,452 every year, while hoping to spend $36,868 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: 23/47/30 Blend
29$738,000$738,000$738,000$738,000
30$819,931$780,817$769,378$830,956
31$864,337$779,850$755,925$840,157
32$912,036$777,600$740,786$846,513
33$963,327$773,965$723,865$852,547
34$1,018,534$768,837$705,062$858,256
35$1,078,016$762,101$684,273$863,642
36$1,142,166$753,637$661,389$868,713
37$1,211,417$743,315$636,295$873,477
38$1,286,243$730,999$608,873$877,952
39$1,367,166$716,544$578,996$882,160
40$1,454,759$699,797$546,535$886,129
41$1,549,654$680,596$511,353$889,899
42$1,652,542$658,770$473,307$893,515
43$1,764,188$634,135$432,249$897,036
44$1,885,428$606,501$388,023$900,530
45$2,017,186$575,664$340,465$904,081
46$2,160,475$541,408$289,407$907,787
47$2,316,413$503,506$234,671$911,764
48$2,486,226$461,717$176,072$916,148
49$2,671,267$415,787$113,416$921,095
50$2,873,022$365,446$46,502$926,788
51$3,093,130$310,412$0$933,437
52$3,333,390$250,384$0$949,254
53$3,595,787$185,044$0$982,946
54$3,882,504$114,057$0$1,019,999
55$4,195,944$37,071$0$1,060,847
56$4,538,754$0$0$1,105,978
57$4,913,847$0$0$1,179,873
58$5,324,433$0$0$1,281,874
59$5,774,043$0$0$1,393,701
60$6,266,569$0$0$1,516,339
61$6,806,296$0$0$1,650,870
62$7,397,941$0$0$1,798,489
63$8,046,702$0$0$1,960,512
64$8,758,303$0$0$2,138,386
65$9,539,049$0$0$2,333,706
66$10,395,885$0$0$2,548,232
67$11,336,458$0$0$2,783,898
68$12,369,197$0$0$3,042,839
69$13,503,382$0$0$3,327,403
70$14,749,238$0$0$3,640,180
71$16,118,030$0$0$3,984,022
72$17,622,166$0$0$4,362,071
73$19,275,317$0$0$4,777,789
74$21,092,544$0$0$5,234,990
75$23,090,439$0$0$5,737,875
76$25,287,282$0$0$6,291,077
77$27,703,215$0$0$6,899,695
78$30,360,427$0$0$7,569,350
79$33,283,365$0$0$8,306,235
80$36,498,969$0$0$9,117,174
81$40,036,916$0$0$10,009,686
82$43,929,907$0$0$10,992,054
83$48,213,974$0$0$12,073,407
84$52,928,818$0$0$13,263,804
85$58,118,181$0$0$14,574,327
86$63,830,265$0$0$16,017,188
87$70,118,177$0$0$17,605,843
88$77,040,440$0$0$19,355,121
89$84,661,534$0$0$21,281,360
90$93,052,514$0$0$23,402,564
91$102,291,673$0$0$25,738,571
92$112,465,281$0$0$28,311,243
93$123,668,403$0$0$31,144,669
94$136,005,790$0$0$34,265,393
95$149,592,872$0$0$37,702,666
96$164,556,843$0$0$41,488,720
97$181,037,863$0$0$45,659,074
98$199,190,377$0$0$50,252,866
99$219,184,577$0$0$55,313,228
100$241,208,004$0$0$60,887,685