Can I retire at age 30 with 773,000?

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 $773,000?

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$63,834$63,265$62,710$62,169$61,640$61,355
2 years$31,601$31,012$30,442$29,889$29,352$29,064
3 years$20,858$20,267$19,698$19,150$18,622$18,340
4 years$15,488$14,898$14,335$13,797$13,282$13,008
5 years$12,266$11,680$11,125$10,597$10,096$9,832
6 years$10,119$9,538$8,990$8,475$7,989$7,734
7 years$8,586$8,010$7,471$6,967$6,497$6,252
8 years$7,437$6,866$6,336$5,845$5,390$5,155
9 years$6,544$5,978$5,457$4,978$4,539$4,313
10 years$5,830$5,269$4,758$4,291$3,868$3,651
11 years$5,246$4,691$4,189$3,735$3,326$3,120
12 years$4,759$4,210$3,717$3,276$2,882$2,685
13 years$4,348$3,805$3,321$2,892$2,514$2,325
14 years$3,996$3,459$2,984$2,567$2,203$2,024
15 years$3,691$3,160$2,694$2,290$1,940$1,769
16 years$3,425$2,899$2,443$2,050$1,715$1,552
17 years$3,190$2,670$2,223$1,842$1,520$1,366
18 years$2,981$2,467$2,029$1,660$1,352$1,205
19 years$2,795$2,286$1,858$1,500$1,205$1,066
20 years$2,627$2,125$1,705$1,359$1,076$945
21 years$2,476$1,979$1,568$1,233$963$839
22 years$2,338$1,847$1,445$1,121$863$746
23 years$2,213$1,728$1,334$1,021$775$664
24 years$2,098$1,619$1,234$931$697$592
25 years$1,993$1,519$1,143$850$627$528
26 years$1,896$1,428$1,060$778$565$472
27 years$1,806$1,344$984$712$509$422
28 years$1,723$1,266$915$652$459$377
29 years$1,646$1,194$852$598$415$338
30 years$1,573$1,128$793$549$375$302
31 years$1,506$1,066$739$504$339$271
32 years$1,443$1,009$690$463$306$243
33 years$1,384$956$644$426$277$218
34 years$1,329$906$602$392$251$196
35 years$1,277$859$563$361$227$175
36 years$1,228$815$526$332$206$158
37 years$1,181$774$493$306$187$141
38 years$1,138$736$461$282$169$127
39 years$1,096$700$432$260$154$114
40 years$1,057$666$405$240$139$103
41 years$1,020$634$380$221$126$92
42 years$984$604$356$204$115$83
43 years$950$575$334$189$104$75
44 years$918$548$314$174$94$67
45 years$888$523$295$161$86$60
46 years$859$499$277$149$78$54
47 years$831$476$260$137$71$49
48 years$804$454$244$127$64$44
49 years$779$434$230$117$58$39
50 years$755$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 $773,000, adding $3,807 every year, while hoping to spend $39,686 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: 41/35/24 Blend
29$773,000$773,000$773,000$773,000
30$855,773$814,804$802,822$884,680
31$900,836$812,504$787,491$903,485
32$949,166$808,761$770,317$919,777
33$1,001,053$803,462$751,195$936,624
34$1,056,817$796,489$730,017$954,101
35$1,116,810$787,714$706,669$972,292
36$1,181,416$777,004$681,034$991,292
37$1,251,059$764,215$652,987$1,011,210
38$1,326,203$749,198$622,398$1,032,168
39$1,407,359$731,792$589,132$1,054,305
40$1,495,089$711,829$553,047$1,077,777
41$1,590,008$689,129$513,995$1,102,761
42$1,692,796$663,503$471,820$1,129,454
43$1,804,197$634,750$426,362$1,158,081
44$1,925,031$602,659$377,451$1,188,891
45$2,056,199$567,005$324,911$1,222,167
46$2,198,694$527,550$268,558$1,258,222
47$2,353,605$484,044$208,198$1,297,411
48$2,522,132$436,222$143,632$1,340,129
49$2,705,595$383,802$74,650$1,386,816
50$2,905,447$326,490$1,032$1,437,967
51$3,123,286$263,971$0$1,494,131
52$3,360,872$195,916$0$1,575,778
53$3,620,140$121,975$0$1,665,311
54$3,903,222$41,780$0$1,763,293
55$4,212,463$0$0$1,870,640
56$4,550,448$0$0$2,005,723
57$4,920,019$0$0$2,171,119
58$5,324,307$0$0$2,352,151
59$5,766,759$0$0$2,550,375
60$6,251,172$0$0$2,767,505
61$6,781,725$0$0$3,005,427
62$7,363,022$0$0$3,266,220
63$8,000,132$0$0$3,552,172
64$8,698,640$0$0$3,865,805
65$9,464,693$0$0$4,209,894
66$10,305,067$0$0$4,587,499
67$11,227,220$0$0$5,001,987
68$12,239,370$0$0$5,457,070
69$13,350,569$0$0$5,956,835
70$14,570,788$0$0$6,505,785
71$15,911,011$0$0$7,108,880
72$17,383,338$0$0$7,771,586
73$19,001,098$0$0$8,499,922
74$20,778,977$0$0$9,300,521
75$22,733,152$0$0$10,180,689
76$24,881,446$0$0$11,148,477
77$27,243,496$0$0$12,212,755
78$29,840,936$0$0$13,383,294
79$32,697,601$0$0$14,670,860
80$35,839,751$0$0$16,087,315
81$39,296,321$0$0$17,645,730
82$43,099,191$0$0$19,360,504
83$47,283,484$0$0$21,247,506
84$51,887,902$0$0$23,324,216
85$56,955,089$0$0$25,609,900
86$62,532,029$0$0$28,125,781
87$68,670,494$0$0$30,895,248
88$75,427,528$0$0$33,944,070
89$82,865,989$0$0$37,300,644
90$91,055,135$0$0$40,996,259
91$100,071,284$0$0$45,065,390
92$109,998,528$0$0$49,546,030
93$120,929,531$0$0$54,480,040
94$132,966,397$0$0$59,913,550
95$146,221,639$0$0$65,897,388
96$160,819,234$0$0$72,487,566
97$176,895,797$0$0$79,745,805
98$194,601,870$0$0$87,740,117
99$214,103,338$0$0$96,545,445
100$235,582,995$0$0$106,244,376