Can I retire at age 30 with 772,000?

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 $772,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$63,751$63,183$62,629$62,088$61,560$61,275
2 years$31,560$30,972$30,403$29,850$29,314$29,027
3 years$20,831$20,241$19,672$19,125$18,598$18,317
4 years$15,468$14,879$14,316$13,779$13,264$12,991
5 years$12,250$11,665$11,110$10,583$10,083$9,819
6 years$10,106$9,526$8,979$8,464$7,979$7,724
7 years$8,575$8,000$7,461$6,958$6,489$6,244
8 years$7,428$6,857$6,328$5,837$5,383$5,148
9 years$6,535$5,970$5,450$4,972$4,533$4,308
10 years$5,822$5,263$4,752$4,286$3,863$3,647
11 years$5,239$4,685$4,183$3,730$3,322$3,115
12 years$4,753$4,205$3,712$3,272$2,879$2,682
13 years$4,343$3,800$3,317$2,888$2,510$2,322
14 years$3,991$3,454$2,980$2,564$2,201$2,021
15 years$3,686$3,155$2,691$2,287$1,938$1,767
16 years$3,420$2,895$2,440$2,047$1,712$1,550
17 years$3,186$2,666$2,220$1,840$1,518$1,364
18 years$2,977$2,464$2,026$1,658$1,350$1,204
19 years$2,791$2,283$1,855$1,498$1,203$1,065
20 years$2,624$2,122$1,703$1,357$1,075$944
21 years$2,473$1,976$1,566$1,231$962$838
22 years$2,335$1,845$1,443$1,120$862$745
23 years$2,210$1,725$1,333$1,020$774$663
24 years$2,096$1,617$1,232$930$696$591
25 years$1,990$1,517$1,142$849$626$527
26 years$1,893$1,426$1,059$777$564$471
27 years$1,804$1,342$983$711$508$421
28 years$1,721$1,264$914$651$459$377
29 years$1,643$1,193$850$597$414$337
30 years$1,571$1,127$792$548$374$302
31 years$1,504$1,065$739$503$338$271
32 years$1,441$1,008$689$463$306$243
33 years$1,383$954$643$425$277$218
34 years$1,327$904$601$391$251$195
35 years$1,275$858$562$360$227$175
36 years$1,226$814$526$332$206$157
37 years$1,180$773$492$306$187$141
38 years$1,136$735$461$282$169$127
39 years$1,095$699$432$260$153$114
40 years$1,055$665$405$240$139$102
41 years$1,018$633$379$221$126$92
42 years$983$603$356$204$115$83
43 years$949$574$334$188$104$74
44 years$917$547$314$174$94$67
45 years$887$522$294$161$86$60
46 years$858$498$276$148$78$54
47 years$830$475$260$137$71$49
48 years$803$454$244$127$64$44
49 years$778$433$229$117$58$39
50 years$754$414$216$108$53$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $772,000, adding $3,449 every year, while hoping to spend $53,551 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: 64/6/30 Blend
29$772,000$772,000$772,000$772,000
30$854,302$813,386$801,420$901,918
31$884,463$796,264$771,289$917,509
32$915,905$776,508$738,355$928,370
33$948,703$753,933$702,466$939,099
34$982,938$728,342$663,465$949,690
35$1,018,694$699,527$621,187$960,140
36$1,056,065$667,269$575,462$970,449
37$1,095,153$631,334$526,109$980,617
38$1,136,065$591,476$472,940$990,648
39$1,178,921$547,435$415,761$1,000,547
40$1,223,847$498,936$354,365$1,010,325
41$1,270,984$445,688$288,541$1,019,994
42$1,320,481$387,384$218,063$1,029,574
43$1,372,502$323,698$142,701$1,039,086
44$1,427,225$254,287$62,209$1,048,560
45$1,484,844$178,789$0$1,058,031
46$1,545,570$96,821$0$1,075,124
47$1,609,631$7,978$0$1,114,051
48$1,677,279$0$0$1,155,027
49$1,748,786$0$0$1,204,037
50$1,824,450$0$0$1,256,477
51$1,904,597$0$0$1,312,049
52$1,989,581$0$0$1,371,003
53$2,079,790$0$0$1,433,612
54$2,175,651$0$0$1,500,173
55$2,277,626$0$0$1,571,015
56$2,386,225$0$0$1,646,494
57$2,502,004$0$0$1,727,002
58$2,625,572$0$0$1,812,967
59$2,757,597$0$0$1,904,860
60$2,898,812$0$0$2,003,196
61$3,050,019$0$0$2,108,539
62$3,212,099$0$0$2,221,509
63$3,386,016$0$0$2,342,786
64$3,572,831$0$0$2,473,116
65$3,773,706$0$0$2,613,317
66$3,989,918$0$0$2,764,289
67$4,222,870$0$0$2,927,019
68$4,474,102$0$0$3,102,592
69$4,745,305$0$0$3,292,199
70$5,038,338$0$0$3,497,151
71$5,355,244$0$0$3,718,885
72$5,698,269$0$0$3,958,985
73$6,069,882$0$0$4,219,190
74$6,472,796$0$0$4,501,411
75$6,909,997$0$0$4,807,753
76$7,384,767$0$0$5,140,528
77$7,900,717$0$0$5,502,282
78$8,461,819$0$0$5,895,813
79$9,072,444$0$0$6,324,202
80$9,737,398$0$0$6,790,837
81$10,461,975$0$0$7,299,449
82$11,251,996$0$0$7,854,141
83$12,113,871$0$0$8,459,431
84$13,054,653$0$0$9,120,293
85$14,082,108$0$0$9,842,199
86$15,204,783$0$0$10,631,176
87$16,432,090$0$0$11,493,859
88$17,774,390$0$0$12,437,552
89$19,243,090$0$0$13,470,298
90$20,850,752$0$0$14,600,954
91$22,611,209$0$0$15,839,272
92$24,539,694$0$0$17,195,993
93$26,652,982$0$0$18,682,945
94$28,969,547$0$0$20,313,154
95$31,509,739$0$0$22,100,967
96$34,295,966$0$0$24,062,188
97$37,352,914$0$0$26,214,221
98$40,707,772$0$0$28,576,238
99$44,390,488$0$0$31,169,359
100$48,434,053$0$0$34,016,846