Can I retire at age 30 with 769,000?

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 $769,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$63,503$62,938$62,386$61,847$61,321$59,693
2 years$31,437$30,852$30,284$29,734$29,201$27,572
3 years$20,750$20,162$19,596$19,051$18,526$16,948
4 years$15,407$14,821$14,261$13,725$13,213$11,697
5 years$12,203$11,620$11,067$10,542$10,044$8,595
6 years$10,067$9,489$8,944$8,431$7,948$6,566
7 years$8,542$7,969$7,432$6,931$6,464$5,150
8 years$7,399$6,830$6,303$5,815$5,362$4,116
9 years$6,510$5,947$5,429$4,953$4,516$3,335
10 years$5,800$5,242$4,733$4,269$3,848$2,732
11 years$5,219$4,667$4,167$3,716$3,309$2,256
12 years$4,735$4,189$3,698$3,259$2,868$1,876
13 years$4,326$3,785$3,304$2,877$2,501$1,568
14 years$3,975$3,441$2,969$2,554$2,192$1,316
15 years$3,672$3,143$2,680$2,278$1,930$1,109
16 years$3,407$2,884$2,430$2,040$1,706$937
17 years$3,173$2,656$2,211$1,832$1,512$793
18 years$2,966$2,454$2,019$1,651$1,345$673
19 years$2,780$2,274$1,848$1,492$1,199$572
20 years$2,614$2,114$1,696$1,351$1,071$487
21 years$2,463$1,969$1,560$1,227$958$415
22 years$2,326$1,838$1,438$1,115$859$354
23 years$2,202$1,719$1,327$1,016$771$303
24 years$2,087$1,610$1,228$926$693$259
25 years$1,983$1,511$1,137$846$624$221
26 years$1,886$1,420$1,055$774$562$189
27 years$1,797$1,337$979$708$506$162
28 years$1,714$1,260$910$649$457$139
29 years$1,637$1,188$847$595$413$119
30 years$1,565$1,122$789$546$373$102
31 years$1,498$1,061$736$501$337$87
32 years$1,436$1,004$686$461$305$75
33 years$1,377$951$641$424$276$64
34 years$1,322$901$599$390$250$55
35 years$1,270$855$560$359$226$47
36 years$1,221$811$524$331$205$41
37 years$1,175$770$490$305$186$35
38 years$1,132$732$459$281$168$30
39 years$1,090$696$430$259$153$26
40 years$1,051$662$403$239$139$22
41 years$1,014$630$378$220$126$19
42 years$979$600$355$203$114$16
43 years$946$572$333$188$104$14
44 years$914$545$312$173$94$12
45 years$883$520$293$160$85$10
46 years$854$496$275$148$77$9
47 years$827$473$259$137$70$8
48 years$800$452$243$126$64$6
49 years$775$432$229$117$58$6
50 years$751$412$215$108$53$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $769,000, adding $5,481 every year, while hoping to spend $34,218 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: 31/42/27 Blend
29$769,000$769,000$769,000$769,000
30$853,092$812,335$800,415$872,337
31$903,699$815,731$790,821$891,021
32$958,322$818,148$779,759$907,729
33$1,017,333$819,499$767,144$925,037
34$1,081,144$819,697$752,885$943,019
35$1,150,204$818,646$736,891$961,762
36$1,225,010$816,245$719,062$981,364
37$1,306,107$812,387$699,296$1,001,935
38$1,394,095$806,959$677,488$1,023,600
39$1,489,632$799,839$653,523$1,046,501
40$1,593,445$790,901$627,286$1,070,797
41$1,706,330$780,009$598,654$1,096,665
42$1,829,166$767,020$567,499$1,124,307
43$1,962,917$751,781$533,687$1,153,949
44$2,108,648$734,131$497,079$1,185,844
45$2,267,527$713,900$457,527$1,220,275
46$2,440,841$690,907$414,881$1,257,561
47$2,630,006$664,962$368,979$1,298,056
48$2,836,583$635,861$319,656$1,342,158
49$3,062,288$603,392$266,738$1,390,310
50$3,309,011$567,327$210,043$1,443,008
51$3,578,832$527,428$149,381$1,500,805
52$3,874,042$483,441$84,555$1,564,316
53$4,197,163$435,099$15,357$1,634,228
54$4,550,975$382,120$0$1,711,305
55$4,938,534$324,204$0$1,813,248
56$5,363,211$261,036$0$1,929,969
57$5,828,714$192,282$0$2,058,161
58$6,339,130$117,591$0$2,199,062
59$6,898,959$36,591$0$2,354,047
60$7,513,157$0$0$2,524,634
61$8,187,185$0$0$2,736,128
62$8,927,055$0$0$2,986,968
63$9,739,393$0$0$3,262,504
64$10,631,495$0$0$3,565,227
65$11,611,400$0$0$3,897,881
66$12,687,964$0$0$4,263,489
67$13,870,941$0$0$4,665,382
68$15,171,079$0$0$5,107,229
69$16,600,218$0$0$5,593,073
70$18,171,403$0$0$6,127,368
71$19,899,005$0$0$6,715,020
72$21,798,856$0$0$7,361,437
73$23,888,403$0$0$8,072,575
74$26,186,864$0$0$8,854,997
75$28,715,416$0$0$9,715,936
76$31,497,391$0$0$10,663,359
77$34,558,497$0$0$11,706,045
78$37,927,060$0$0$12,853,669
79$41,634,290$0$0$14,116,889
80$45,714,575$0$0$15,507,451
81$50,205,808$0$0$17,038,294
82$55,149,739$0$0$18,723,680
83$60,592,373$0$0$20,579,321
84$66,584,403$0$0$22,622,530
85$73,181,686$0$0$24,872,387
86$80,445,771$0$0$27,349,913
87$88,444,478$0$0$30,078,275
88$97,252,540$0$0$33,082,997
89$106,952,306$0$0$36,392,208
90$117,634,518$0$0$40,036,903
91$129,399,168$0$0$44,051,236
92$142,356,440$0$0$48,472,845
93$156,627,747$0$0$53,343,202
94$172,346,883$0$0$58,708,008
95$189,661,278$0$0$64,617,624
96$208,733,395$0$0$71,127,545
97$229,742,258$0$0$78,298,924
98$252,885,143$0$0$86,199,149
99$278,379,442$0$0$94,902,480
100$306,464,709$0$0$104,490,748