Can I retire at age 30 with 767,000?

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 $767,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$63,338$62,774$62,224$61,686$61,162$60,675
2 years$31,356$30,772$30,206$29,657$29,125$28,634
3 years$20,696$20,110$19,545$19,001$18,478$17,998
4 years$15,367$14,783$14,224$13,689$13,179$12,714
5 years$12,171$11,590$11,038$10,515$10,018$9,570
6 years$10,041$9,464$8,921$8,409$7,927$7,496
7 years$8,520$7,948$7,413$6,913$6,447$6,032
8 years$7,380$6,813$6,287$5,799$5,348$4,951
9 years$6,493$5,932$5,415$4,940$4,504$4,124
10 years$5,784$5,229$4,721$4,258$3,838$3,474
11 years$5,205$4,655$4,156$3,706$3,300$2,954
12 years$4,722$4,178$3,688$3,251$2,860$2,529
13 years$4,314$3,775$3,295$2,870$2,494$2,179
14 years$3,965$3,432$2,961$2,547$2,186$1,887
15 years$3,663$3,135$2,673$2,272$1,925$1,641
16 years$3,398$2,876$2,424$2,034$1,701$1,432
17 years$3,165$2,649$2,206$1,828$1,508$1,253
18 years$2,958$2,448$2,013$1,647$1,341$1,099
19 years$2,773$2,269$1,843$1,488$1,196$967
20 years$2,607$2,108$1,692$1,348$1,068$852
21 years$2,457$1,964$1,556$1,223$956$752
22 years$2,320$1,833$1,434$1,112$857$665
23 years$2,196$1,714$1,324$1,013$769$588
24 years$2,082$1,606$1,224$924$691$521
25 years$1,977$1,507$1,134$844$622$462
26 years$1,881$1,417$1,052$772$560$410
27 years$1,792$1,333$977$706$505$364
28 years$1,709$1,256$908$647$456$324
29 years$1,633$1,185$845$593$412$288
30 years$1,561$1,119$787$545$372$256
31 years$1,495$1,058$734$500$336$228
32 years$1,432$1,001$685$460$304$203
33 years$1,374$948$639$423$275$181
34 years$1,319$899$597$389$249$161
35 years$1,267$852$558$358$226$144
36 years$1,218$809$522$330$204$128
37 years$1,172$768$489$304$185$114
38 years$1,129$730$458$280$168$102
39 years$1,088$694$429$258$152$91
40 years$1,049$661$402$238$138$81
41 years$1,012$629$377$220$125$73
42 years$977$599$354$203$114$65
43 years$943$571$332$187$103$58
44 years$911$544$311$173$94$52
45 years$881$519$292$160$85$46
46 years$852$495$275$147$77$41
47 years$825$472$258$136$70$37
48 years$798$451$243$126$64$33
49 years$773$430$228$116$58$29
50 years$749$411$214$108$53$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $767,000, adding $6,258 every year, while hoping to spend $54,431 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: 60/25/15 Blend
29$767,000$767,000$767,000$767,000
30$851,689$811,038$799,150$899,213
31$880,647$792,865$768,007$913,818
32$910,735$771,977$733,997$923,105
33$942,010$748,183$696,965$931,951
34$974,533$721,283$656,753$940,319
35$1,008,372$691,063$613,190$948,172
36$1,043,598$657,296$566,103$955,470
37$1,080,285$619,744$515,309$962,173
38$1,118,518$578,156$460,615$968,239
39$1,158,384$532,262$401,823$973,627
40$1,199,978$481,782$338,723$978,292
41$1,243,403$426,417$271,098$982,190
42$1,288,770$365,851$198,719$985,278
43$1,336,198$299,751$121,350$987,510
44$1,385,817$227,765$38,742$988,841
45$1,437,767$149,523$0$989,227
46$1,492,200$64,630$0$996,532
47$1,549,280$0$0$1,009,935
48$1,609,185$0$0$1,030,750
49$1,672,110$0$0$1,071,309
50$1,738,266$0$0$1,113,971
51$1,807,880$0$0$1,158,885
52$1,881,203$0$0$1,206,217
53$1,958,506$0$0$1,256,145
54$2,040,085$0$0$1,308,862
55$2,126,261$0$0$1,364,580
56$2,217,388$0$0$1,423,532
57$2,313,848$0$0$1,485,970
58$2,416,061$0$0$1,552,169
59$2,524,486$0$0$1,622,431
60$2,639,622$0$0$1,697,086
61$2,762,017$0$0$1,776,494
62$2,892,271$0$0$1,861,051
63$3,031,040$0$0$1,951,189
64$3,179,042$0$0$2,047,380
65$3,337,063$0$0$2,150,143
66$3,505,965$0$0$2,260,048
67$3,686,694$0$0$2,377,716
68$3,880,286$0$0$2,503,831
69$4,087,877$0$0$2,639,143
70$4,310,714$0$0$2,784,474
71$4,550,165$0$0$2,940,728
72$4,807,733$0$0$3,108,894
73$5,085,067$0$0$3,290,063
74$5,383,977$0$0$3,485,428
75$5,706,453$0$0$3,696,304
76$6,054,681$0$0$3,924,134
77$6,431,063$0$0$4,170,502
78$6,838,238$0$0$4,437,152
79$7,279,108$0$0$4,726,000
80$7,756,863$0$0$5,039,153
81$8,275,011$0$0$5,378,927
82$8,837,408$0$0$5,747,870
83$9,448,297$0$0$6,148,784
84$10,112,346$0$0$6,584,753
85$10,834,688$0$0$7,059,167
86$11,620,972$0$0$7,575,759
87$12,477,413$0$0$8,138,635
88$13,410,850$0$0$8,752,313
89$14,428,812$0$0$9,421,769
90$15,539,582$0$0$10,152,475
91$16,752,280$0$0$10,950,459
92$18,076,945$0$0$11,822,354
93$19,524,627$0$0$12,775,462
94$21,107,494$0$0$13,817,826
95$22,838,940$0$0$14,958,297
96$24,733,717$0$0$16,206,625
97$26,808,065$0$0$17,573,544
98$29,079,869$0$0$19,070,874
99$31,568,824$0$0$20,711,634
100$34,296,621$0$0$22,510,161