Can I retire at age 30 with 755,000?

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 $755,000?

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$62,347$61,792$61,250$60,721$60,205$59,901
2 years$30,865$30,290$29,733$29,193$28,669$28,362
3 years$20,372$19,795$19,239$18,704$18,189$17,889
4 years$15,127$14,551$14,001$13,475$12,972$12,681
5 years$11,981$11,408$10,866$10,350$9,861$9,580
6 years$9,884$9,316$8,781$8,277$7,803$7,532
7 years$8,386$7,823$7,297$6,805$6,346$6,085
8 years$7,264$6,706$6,188$5,709$5,265$5,014
9 years$6,392$5,839$5,330$4,863$4,434$4,194
10 years$5,694$5,147$4,647$4,192$3,778$3,548
11 years$5,124$4,582$4,091$3,648$3,249$3,029
12 years$4,649$4,112$3,631$3,200$2,815$2,606
13 years$4,247$3,716$3,244$2,825$2,455$2,255
14 years$3,903$3,378$2,915$2,508$2,152$1,961
15 years$3,605$3,086$2,631$2,236$1,895$1,713
16 years$3,345$2,831$2,386$2,002$1,675$1,502
17 years$3,115$2,608$2,171$1,799$1,485$1,321
18 years$2,912$2,409$1,982$1,621$1,320$1,165
19 years$2,730$2,233$1,814$1,465$1,177$1,030
20 years$2,566$2,075$1,665$1,327$1,051$912
21 years$2,418$1,933$1,532$1,204$941$809
22 years$2,284$1,804$1,412$1,095$843$719
23 years$2,161$1,687$1,303$997$757$639
24 years$2,049$1,581$1,205$909$680$570
25 years$1,947$1,484$1,116$831$612$508
26 years$1,852$1,394$1,035$759$551$453
27 years$1,764$1,312$961$695$497$405
28 years$1,683$1,237$894$637$449$362
29 years$1,607$1,167$832$584$405$324
30 years$1,537$1,102$775$536$366$290
31 years$1,471$1,042$722$492$331$259
32 years$1,410$985$674$452$299$232
33 years$1,352$933$629$416$271$208
34 years$1,298$885$588$383$245$187
35 years$1,247$839$550$352$222$167
36 years$1,199$796$514$325$201$150
37 years$1,154$756$481$299$182$135
38 years$1,111$719$451$276$165$121
39 years$1,071$683$422$254$150$109
40 years$1,032$650$396$234$136$97
41 years$996$619$371$216$123$87
42 years$961$590$348$200$112$79
43 years$928$562$327$184$102$71
44 years$897$535$307$170$92$63
45 years$867$511$288$157$84$57
46 years$839$487$270$145$76$51
47 years$812$465$254$134$69$46
48 years$786$444$239$124$63$41
49 years$761$424$224$114$57$37
50 years$737$405$211$106$52$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $755,000, adding $3,767 every year, while hoping to spend $43,868 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: 66/7/27 Blend
29$755,000$755,000$755,000$755,000
30$835,896$795,881$784,178$884,916
31$874,482$788,204$763,773$910,757
32$915,533$778,680$741,214$933,738
33$959,256$767,173$716,382$957,885
34$1,005,873$753,538$689,155$983,317
35$1,055,633$737,622$659,401$1,010,165
36$1,108,803$719,261$626,987$1,038,576
37$1,165,679$698,283$591,770$1,068,713
38$1,226,586$674,507$553,601$1,100,757
39$1,291,878$647,738$512,328$1,134,908
40$1,361,947$617,774$467,788$1,171,392
41$1,437,218$584,398$419,811$1,210,455
42$1,518,162$547,381$368,223$1,252,374
43$1,605,295$506,483$312,838$1,297,454
44$1,699,182$461,447$253,465$1,346,035
45$1,800,445$412,005$189,903$1,398,494
46$1,909,767$357,870$121,941$1,455,248
47$2,027,899$298,741$49,362$1,516,759
48$2,155,665$234,300$0$1,583,542
49$2,293,972$164,210$0$1,664,257
50$2,443,818$88,117$0$1,767,143
51$2,606,297$5,644$0$1,878,733
52$2,782,615$0$0$1,999,875
53$2,974,098$0$0$2,137,940
54$3,182,203$0$0$2,288,506
55$3,408,534$0$0$2,452,303
56$3,654,856$0$0$2,630,614
57$3,923,110$0$0$2,824,850
58$4,215,433$0$0$3,036,565
59$4,534,177$0$0$3,267,467
60$4,881,928$0$0$3,519,438
61$5,261,536$0$0$3,794,549
62$5,676,137$0$0$4,095,080
63$6,129,180$0$0$4,423,539
64$6,624,468$0$0$4,782,690
65$7,166,184$0$0$5,175,575
66$7,758,934$0$0$5,605,544
67$8,407,792$0$0$6,076,284
68$9,118,342$0$0$6,591,857
69$9,896,737$0$0$7,156,736
70$10,749,750$0$0$7,775,847
71$11,684,843$0$0$8,454,614
72$12,710,231$0$0$9,199,013
73$13,834,965$0$0$10,015,625
74$15,069,013$0$0$10,911,698
75$16,423,355$0$0$11,895,217
76$17,910,085$0$0$12,974,976
77$19,542,525$0$0$14,160,663
78$21,335,351$0$0$15,462,952
79$23,304,728$0$0$16,893,597
80$25,468,468$0$0$18,465,551
81$27,846,188$0$0$20,193,082
82$30,459,504$0$0$22,091,909
83$33,332,227$0$0$24,179,349
84$36,490,593$0$0$26,474,480
85$39,963,504$0$0$28,998,323
86$43,782,805$0$0$31,774,037
87$47,983,579$0$0$34,827,137
88$52,604,483$0$0$38,185,736
89$57,688,106$0$0$41,880,808
90$63,281,374$0$0$45,946,482
91$69,435,992$0$0$50,420,359
92$76,208,929$0$0$55,343,874
93$83,662,954$0$0$60,762,677
94$91,867,233$0$0$66,727,071
95$100,897,974$0$0$73,292,480
96$110,839,149$0$0$80,519,978
97$121,783,286$0$0$88,476,858
98$133,832,339$0$0$97,237,271
99$147,098,651$0$0$106,882,922
100$161,706,013$0$0$117,503,845