Can I retire at age 30 with 759,000?

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 $759,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$62,678$62,119$61,575$61,043$60,524$58,965
2 years$31,028$30,451$29,891$29,348$28,821$27,261
3 years$20,480$19,900$19,341$18,803$18,285$16,773
4 years$15,207$14,628$14,075$13,547$13,041$11,588
5 years$12,044$11,469$10,923$10,405$9,914$8,523
6 years$9,936$9,365$8,827$8,321$7,844$6,519
7 years$8,431$7,865$7,336$6,841$6,380$5,118
8 years$7,303$6,742$6,221$5,739$5,292$4,095
9 years$6,425$5,870$5,358$4,888$4,457$3,323
10 years$5,724$5,174$4,672$4,214$3,798$2,725
11 years$5,151$4,606$4,113$3,667$3,266$2,254
12 years$4,673$4,134$3,650$3,217$2,830$1,876
13 years$4,269$3,736$3,261$2,840$2,468$1,570
14 years$3,924$3,396$2,930$2,521$2,163$1,320
15 years$3,624$3,102$2,645$2,248$1,905$1,114
16 years$3,363$2,846$2,398$2,013$1,684$942
17 years$3,132$2,621$2,182$1,809$1,493$799
18 years$2,927$2,422$1,992$1,630$1,327$679
19 years$2,744$2,245$1,824$1,473$1,183$578
20 years$2,580$2,086$1,674$1,334$1,057$493
21 years$2,431$1,943$1,540$1,211$946$421
22 years$2,296$1,814$1,419$1,101$848$360
23 years$2,173$1,696$1,310$1,002$761$308
24 years$2,060$1,589$1,212$914$684$263
25 years$1,957$1,492$1,122$835$615$226
26 years$1,861$1,402$1,041$763$554$193
27 years$1,773$1,319$967$699$500$166
28 years$1,692$1,243$899$640$451$142
29 years$1,616$1,173$836$587$407$122
30 years$1,545$1,108$779$539$368$105
31 years$1,479$1,047$726$495$333$90
32 years$1,417$991$677$455$301$77
33 years$1,359$938$633$418$272$66
34 years$1,305$889$591$385$247$57
35 years$1,254$843$553$354$223$49
36 years$1,205$801$517$326$202$42
37 years$1,160$760$484$301$183$36
38 years$1,117$723$453$277$166$31
39 years$1,076$687$424$255$151$27
40 years$1,038$654$398$236$137$23
41 years$1,001$622$373$217$124$20
42 years$966$593$350$201$113$17
43 years$933$565$328$185$102$15
44 years$902$538$308$171$93$13
45 years$872$513$289$158$84$11
46 years$843$490$272$146$76$9
47 years$816$467$255$135$69$8
48 years$790$446$240$125$63$7
49 years$765$426$226$115$57$6
50 years$741$407$212$106$52$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $759,000, adding $4,773 every year, while hoping to spend $33,163 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: 77/7/16 Blend
29$759,000$759,000$759,000$759,000
30$841,341$801,114$789,350$902,835
31$891,873$805,084$780,508$948,053
32$946,447$808,136$770,258$992,988
33$1,005,442$810,192$758,519$1,041,357
34$1,069,271$811,165$745,203$1,093,492
35$1,138,391$810,967$730,222$1,149,758
36$1,213,303$809,500$713,481$1,210,557
37$1,294,558$806,664$694,880$1,276,335
38$1,382,763$802,350$674,318$1,347,580
39$1,478,583$796,443$651,686$1,424,831
40$1,582,752$788,823$626,872$1,508,685
41$1,696,077$779,360$599,756$1,599,796
42$1,819,446$767,917$570,217$1,698,886
43$1,953,835$754,351$538,125$1,806,754
44$2,100,319$738,507$503,345$1,924,278
45$2,260,081$720,223$465,737$2,052,427
46$2,434,423$699,328$425,152$2,192,267
47$2,624,778$675,639$381,439$2,344,978
48$2,832,724$648,963$334,435$2,511,856
49$3,059,997$619,098$283,974$2,694,333
50$3,308,509$585,826$229,879$2,893,987
51$3,580,366$548,920$171,969$3,112,557
52$3,877,885$508,140$110,053$3,351,962
53$4,203,620$463,229$43,930$3,614,315
54$4,560,381$413,918$0$3,901,948
55$4,951,262$359,924$0$4,221,978
56$5,379,675$300,943$0$4,580,989
57$5,849,371$236,659$0$4,974,637
58$6,364,488$166,736$0$5,406,405
59$6,929,578$90,819$0$5,880,132
60$7,549,659$8,533$0$6,400,046
61$8,230,256$0$0$6,970,808
62$8,977,455$0$0$7,603,752
63$9,797,962$0$0$8,299,545
64$10,699,162$0$0$9,063,795
65$11,689,191$0$0$9,903,406
66$12,777,013$0$0$10,825,983
67$13,972,502$0$0$11,839,904
68$15,286,536$0$0$12,954,400
69$16,731,099$0$0$14,179,640
70$18,319,397$0$0$15,526,827
71$20,065,975$0$0$17,008,304
72$21,986,861$0$0$18,637,670
73$24,099,713$0$0$20,429,910
74$26,423,987$0$0$22,401,530
75$28,981,119$0$0$24,570,720
76$31,794,729$0$0$26,957,521
77$34,890,838$0$0$29,584,015
78$38,298,122$0$0$32,474,530
79$42,048,175$0$0$35,655,876
80$46,175,807$0$0$39,157,591
81$50,719,377$0$0$43,012,223
82$55,721,151$0$0$47,255,635
83$61,227,701$0$0$51,927,344
84$67,290,343$0$0$57,070,894
85$73,965,623$0$0$62,734,265
86$81,315,849$0$0$68,970,327
87$89,409,679$0$0$75,837,339
88$98,322,767$0$0$83,399,494
89$108,138,479$0$0$91,727,533
90$118,948,678$0$0$100,899,401
91$130,854,589$0$0$111,000,994
92$143,967,758$0$0$122,126,960
93$158,411,098$0$0$134,381,595
94$174,320,056$0$0$147,879,831
95$191,843,886$0$0$162,748,313
96$211,147,056$0$0$179,126,600
97$232,410,804$0$0$197,168,477
98$255,834,848$0$0$217,043,412
99$281,639,266$0$0$238,938,147
100$310,066,576$0$0$263,058,470