Can I retire at age 30 with 768,000?

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 $768,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$63,421$62,856$62,305$61,767$61,241$58,858
2 years$31,396$30,812$30,245$29,696$29,163$26,790
3 years$20,723$20,136$19,571$19,026$18,502$16,215
4 years$15,387$14,802$14,242$13,707$13,196$11,012
5 years$12,187$11,605$11,053$10,529$10,031$7,956
6 years$10,054$9,476$8,932$8,420$7,937$5,972
7 years$8,531$7,958$7,423$6,922$6,455$4,599
8 years$7,389$6,822$6,295$5,807$5,355$3,607
9 years$6,502$5,939$5,422$4,946$4,510$2,867
10 years$5,792$5,235$4,727$4,264$3,843$2,301
11 years$5,212$4,661$4,162$3,711$3,305$1,862
12 years$4,729$4,183$3,693$3,255$2,864$1,515
13 years$4,320$3,780$3,300$2,873$2,497$1,239
14 years$3,970$3,436$2,965$2,551$2,189$1,017
15 years$3,667$3,139$2,677$2,275$1,927$838
16 years$3,403$2,880$2,427$2,037$1,704$692
17 years$3,169$2,652$2,208$1,830$1,510$572
18 years$2,962$2,451$2,016$1,649$1,343$474
19 years$2,777$2,272$1,846$1,490$1,197$394
20 years$2,610$2,111$1,694$1,350$1,069$327
21 years$2,460$1,966$1,558$1,225$957$272
22 years$2,323$1,835$1,436$1,114$858$226
23 years$2,199$1,717$1,326$1,014$770$188
24 years$2,085$1,608$1,226$925$692$157
25 years$1,980$1,509$1,136$845$623$131
26 years$1,884$1,418$1,053$773$561$109
27 years$1,794$1,335$978$707$506$91
28 years$1,712$1,258$909$648$456$76
29 years$1,635$1,187$846$594$412$63
30 years$1,563$1,121$788$545$372$53
31 years$1,496$1,059$735$501$337$44
32 years$1,434$1,002$685$460$304$37
33 years$1,375$949$640$423$276$31
34 years$1,320$900$598$389$249$26
35 years$1,269$853$559$358$226$21
36 years$1,220$810$523$330$205$18
37 years$1,174$769$490$304$186$15
38 years$1,130$731$458$280$168$13
39 years$1,089$695$430$259$153$10
40 years$1,050$661$403$238$138$9
41 years$1,013$630$377$220$126$7
42 years$978$600$354$203$114$6
43 years$944$571$332$187$103$5
44 years$912$545$312$173$94$4
45 years$882$519$293$160$85$4
46 years$853$495$275$148$77$3
47 years$826$473$258$136$70$2
48 years$799$451$243$126$64$2
49 years$774$431$228$116$58$2
50 years$750$412$215$108$53$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $768,000, adding $4,620 every year, while hoping to spend $47,898 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: 56/16/28 Blend
29$768,000$768,000$768,000$768,000
30$851,102$810,398$798,494$891,963
31$886,951$799,144$774,280$909,333
32$924,851$785,734$747,650$922,885
33$964,962$770,010$718,472$936,678
34$1,007,456$751,808$686,608$950,753
35$1,052,522$730,953$651,915$965,156
36$1,100,367$707,258$614,243$979,938
37$1,151,218$680,527$573,434$995,163
38$1,205,323$650,553$529,324$1,010,900
39$1,262,951$617,115$481,742$1,027,231
40$1,324,400$579,982$430,508$1,044,247
41$1,389,995$538,907$375,436$1,062,054
42$1,460,091$493,630$316,330$1,080,771
43$1,535,079$443,877$252,986$1,100,534
44$1,615,387$389,357$185,190$1,121,498
45$1,701,484$329,762$112,721$1,143,835
46$1,793,884$264,769$35,346$1,167,742
47$1,893,153$194,036$0$1,193,440
48$1,999,910$117,199$0$1,235,288
49$2,114,837$33,878$0$1,291,642
50$2,238,681$0$0$1,352,325
51$2,372,263$0$0$1,427,688
52$2,516,485$0$0$1,515,548
53$2,672,340$0$0$1,610,549
54$2,840,915$0$0$1,713,364
55$3,023,408$0$0$1,824,730
56$3,221,137$0$0$1,945,459
57$3,435,548$0$0$2,076,442
58$3,668,234$0$0$2,218,660
59$3,920,944$0$0$2,373,193
60$4,195,606$0$0$2,541,227
61$4,494,337$0$0$2,724,069
62$4,819,468$0$0$2,923,155
63$5,173,564$0$0$3,140,067
64$5,559,446$0$0$3,376,545
65$5,980,221$0$0$3,634,503
66$6,439,307$0$0$3,916,050
67$6,940,467$0$0$4,223,506
68$7,487,842$0$0$4,559,425
69$8,085,992$0$0$4,926,619
70$8,739,936$0$0$5,328,183
71$9,455,202$0$0$5,767,528
72$10,237,874$0$0$6,248,405
73$11,094,654$0$0$6,774,949
74$12,032,919$0$0$7,351,710
75$13,060,795$0$0$7,983,701
76$14,187,232$0$0$8,676,441
77$15,422,083$0$0$9,436,011
78$16,776,203$0$0$10,269,106
79$18,261,547$0$0$11,183,101
80$19,891,283$0$0$12,186,119
81$21,679,914$0$0$13,287,110
82$23,643,416$0$0$14,495,929
83$25,799,388$0$0$15,823,433
84$28,167,217$0$0$17,281,584
85$30,768,257$0$0$18,883,557
86$33,626,035$0$0$20,643,869
87$36,766,468$0$0$22,578,508
88$40,218,108$0$0$24,705,094
89$44,012,411$0$0$27,043,034
90$48,184,033$0$0$29,613,711
91$52,771,155$0$0$32,440,684
92$57,815,842$0$0$35,549,910
93$63,364,441$0$0$38,969,985
94$69,468,016$0$0$42,732,419
95$76,182,828$0$0$46,871,927
96$83,570,866$0$0$51,426,759
97$91,700,433$0$0$56,439,063
98$100,646,783$0$0$61,955,275
99$110,492,838$0$0$68,026,562
100$121,329,963$0$0$74,709,304