Can I retire at age 30 with 748,000?

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 $748,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$61,769$61,219$60,682$60,158$59,647$57,462
2 years$30,579$30,009$29,457$28,922$28,403$26,226
3 years$20,183$19,611$19,061$18,531$18,020$15,920
4 years$14,987$14,416$13,871$13,350$12,852$10,844
5 years$11,869$11,303$10,765$10,254$9,770$7,860
6 years$9,792$9,229$8,700$8,200$7,731$5,919
7 years$8,309$7,751$7,229$6,742$6,287$4,574
8 years$7,197$6,644$6,131$5,656$5,216$3,600
9 years$6,332$5,785$5,281$4,817$4,392$2,872
10 years$5,641$5,099$4,604$4,153$3,743$2,314
11 years$5,076$4,539$4,053$3,614$3,219$1,879
12 years$4,605$4,074$3,597$3,170$2,789$1,536
13 years$4,208$3,682$3,214$2,799$2,432$1,261
14 years$3,867$3,347$2,888$2,484$2,132$1,040
15 years$3,572$3,057$2,607$2,216$1,877$860
16 years$3,314$2,805$2,364$1,984$1,659$713
17 years$3,087$2,583$2,151$1,782$1,471$593
18 years$2,885$2,387$1,963$1,606$1,308$493
19 years$2,704$2,212$1,797$1,451$1,166$411
20 years$2,542$2,056$1,650$1,315$1,041$343
21 years$2,396$1,915$1,517$1,193$932$287
22 years$2,263$1,788$1,398$1,085$835$240
23 years$2,141$1,672$1,291$988$750$201
24 years$2,030$1,566$1,194$901$674$168
25 years$1,928$1,470$1,106$823$606$141
26 years$1,834$1,382$1,026$752$546$118
27 years$1,748$1,300$953$689$493$99
28 years$1,667$1,225$886$631$444$83
29 years$1,592$1,156$824$579$401$69
30 years$1,523$1,092$768$531$363$58
31 years$1,458$1,032$716$488$328$49
32 years$1,397$976$668$448$297$41
33 years$1,340$925$623$412$268$34
34 years$1,286$876$582$379$243$29
35 years$1,236$831$545$349$220$24
36 years$1,188$789$509$322$199$20
37 years$1,143$749$477$296$181$17
38 years$1,101$712$447$273$164$14
39 years$1,061$677$418$252$149$12
40 years$1,023$644$392$232$135$10
41 years$987$613$368$214$122$8
42 years$952$584$345$198$111$7
43 years$920$556$324$183$101$6
44 years$889$530$304$169$91$5
45 years$859$506$285$156$83$4
46 years$831$483$268$144$75$4
47 years$804$460$252$133$68$3
48 years$778$440$237$123$62$2
49 years$754$420$222$113$56$2
50 years$730$401$209$105$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $748,000, adding $5,787 every year, while hoping to spend $34,501 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: 49/45/6 Blend
29$748,000$748,000$748,000$748,000
30$830,265$790,621$779,027$869,405
31$878,244$792,653$768,416$898,773
32$929,959$793,628$756,293$926,493
33$985,757$793,458$742,571$955,780
34$1,046,016$792,049$727,159$986,789
35$1,111,153$789,302$709,961$1,019,692
36$1,181,624$785,112$690,878$1,054,680
37$1,257,933$779,365$669,806$1,091,967
38$1,340,633$771,945$646,635$1,131,786
39$1,430,331$762,724$621,251$1,174,401
40$1,527,697$751,569$593,535$1,220,102
41$1,633,465$738,340$563,362$1,269,212
42$1,748,445$722,885$530,601$1,322,089
43$1,873,526$705,046$495,116$1,379,129
44$2,009,688$684,656$456,765$1,440,775
45$2,158,008$661,536$415,398$1,507,514
46$2,319,672$635,498$370,861$1,579,888
47$2,495,984$606,342$322,990$1,658,498
48$2,688,381$573,859$271,617$1,744,010
49$2,898,443$537,826$216,563$1,837,161
50$3,127,910$498,005$157,644$1,938,767
51$3,378,699$454,149$94,667$2,049,735
52$3,652,918$405,994$27,430$2,171,066
53$3,952,889$353,262$0$2,303,870
54$4,281,170$295,658$0$2,452,212
55$4,640,575$232,871$0$2,616,674
56$5,034,206$164,574$0$2,797,017
57$5,465,477$90,420$0$2,994,920
58$5,938,147$10,042$0$3,212,241
59$6,456,358$0$0$3,451,034
60$7,024,670$0$0$3,751,671
61$7,648,109$0$0$4,087,008
62$8,332,206$0$0$4,455,058
63$9,083,057$0$0$4,859,111
64$9,907,375$0$0$5,302,791
65$10,812,555$0$0$5,790,090
66$11,806,745$0$0$6,325,406
67$12,898,918$0$0$6,913,583
68$14,098,961$0$0$7,559,958
69$15,417,766$0$0$8,270,410
70$16,867,332$0$0$9,051,418
71$18,460,877$0$0$9,910,117
72$20,212,965$0$0$10,854,371
73$22,139,643$0$0$11,892,841
74$24,258,588$0$0$13,035,072
75$26,589,277$0$0$14,291,579
76$29,153,171$0$0$15,673,948
77$31,973,913$0$0$17,194,945
78$35,077,555$0$0$18,868,634
79$38,492,801$0$0$20,710,513
80$42,251,278$0$0$22,737,659
81$46,387,834$0$0$24,968,885
82$50,940,867$0$0$27,424,924
83$55,952,686$0$0$30,128,619
84$61,469,910$0$0$33,105,141
85$67,543,908$0$0$36,382,226
86$74,231,281$0$0$39,990,434
87$81,594,400$0$0$43,963,443
88$89,701,990$0$0$48,338,358
89$98,629,781$0$0$53,156,071
90$108,461,219$0$0$58,461,637
91$119,288,257$0$0$64,304,705
92$131,212,218$0$0$70,739,986
93$144,344,755$0$0$77,827,766
94$158,808,901$0$0$85,634,476
95$174,740,231$0$0$94,233,322
96$192,288,140$0$0$103,704,971
97$211,617,255$0$0$114,138,313
98$232,908,984$0$0$125,631,302
99$256,363,234$0$0$138,291,878
100$282,200,289$0$0$152,238,988