Can I retire at age 30 with 777,000?

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 $777,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$64,164$63,592$63,035$62,491$61,959$59,571
2 years$31,764$31,173$30,599$30,044$29,504$27,127
3 years$20,966$20,372$19,800$19,249$18,719$16,427
4 years$15,568$14,975$14,409$13,868$13,350$11,162
5 years$12,330$11,741$11,182$10,652$10,149$8,068
6 years$10,172$9,587$9,037$8,518$8,030$6,060
7 years$8,631$8,051$7,510$7,003$6,531$4,670
8 years$7,476$6,902$6,369$5,875$5,418$3,664
9 years$6,578$6,009$5,485$5,004$4,563$2,914
10 years$5,860$5,297$4,782$4,314$3,888$2,341
11 years$5,273$4,715$4,210$3,754$3,344$1,895
12 years$4,784$4,232$3,737$3,293$2,897$1,543
13 years$4,371$3,825$3,338$2,907$2,527$1,263
14 years$4,017$3,477$3,000$2,581$2,215$1,038
15 years$3,710$3,176$2,708$2,301$1,950$855
16 years$3,442$2,914$2,455$2,061$1,723$706
17 years$3,206$2,684$2,234$1,852$1,528$585
18 years$2,997$2,480$2,040$1,669$1,359$485
19 years$2,809$2,298$1,867$1,508$1,211$403
20 years$2,641$2,136$1,714$1,366$1,082$335
21 years$2,489$1,989$1,576$1,239$968$279
22 years$2,350$1,857$1,453$1,127$868$232
23 years$2,224$1,737$1,341$1,026$779$193
24 years$2,109$1,627$1,240$936$700$161
25 years$2,003$1,527$1,149$855$630$135
26 years$1,906$1,435$1,066$782$567$112
27 years$1,815$1,351$989$715$512$94
28 years$1,732$1,273$920$655$462$78
29 years$1,654$1,201$856$601$417$65
30 years$1,582$1,134$797$552$377$55
31 years$1,514$1,072$743$507$341$46
32 years$1,451$1,014$694$466$308$38
33 years$1,391$960$648$428$279$32
34 years$1,336$910$605$394$252$27
35 years$1,283$863$566$363$229$22
36 years$1,234$820$529$334$207$19
37 years$1,187$778$495$308$188$16
38 years$1,143$740$464$284$170$13
39 years$1,102$703$435$262$154$11
40 years$1,062$669$407$241$140$9
41 years$1,025$637$382$223$127$8
42 years$989$607$358$205$115$6
43 years$955$578$336$190$105$5
44 years$923$551$316$175$95$4
45 years$892$525$296$162$86$4
46 years$863$501$278$149$78$3
47 years$835$478$261$138$71$3
48 years$809$457$246$127$65$2
49 years$783$436$231$118$59$2
50 years$759$417$217$109$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $777,000, adding $3,164 every year, while hoping to spend $52,768 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: 56/21/23 Blend
29$777,000$777,000$777,000$777,000
30$859,518$818,337$806,293$902,112
31$891,044$802,290$777,159$915,569
32$924,017$783,689$745,281$924,375
33$958,529$762,353$710,510$932,845
34$994,680$738,089$672,693$940,961
35$1,032,577$710,695$631,668$948,708
36$1,072,337$679,956$587,266$956,069
37$1,114,088$645,646$539,312$963,032
38$1,157,967$607,525$487,621$969,586
39$1,204,124$565,338$432,001$975,721
40$1,252,723$518,818$372,251$981,432
41$1,303,941$467,680$308,162$986,715
42$1,357,971$411,625$239,513$991,573
43$1,415,025$350,335$166,078$996,012
44$1,475,332$283,477$87,616$1,000,043
45$1,539,144$210,695$3,880$1,003,683
46$1,606,735$131,617$0$1,006,959
47$1,678,404$45,848$0$1,030,883
48$1,754,478$0$0$1,056,897
49$1,835,315$0$0$1,095,042
50$1,921,307$0$0$1,146,925
51$2,012,882$0$0$1,202,218
52$2,110,509$0$0$1,261,206
53$2,214,702$0$0$1,324,207
54$2,326,023$0$0$1,391,566
55$2,445,090$0$0$1,463,663
56$2,572,579$0$0$1,540,913
57$2,709,232$0$0$1,623,774
58$2,855,862$0$0$1,712,746
59$3,013,363$0$0$1,808,378
60$3,182,714$0$0$1,911,274
61$3,364,991$0$0$2,022,097
62$3,561,377$0$0$2,141,573
63$3,773,168$0$0$2,270,503
64$4,001,790$0$0$2,409,763
65$4,248,811$0$0$2,560,320
66$4,515,951$0$0$2,723,234
67$4,805,102$0$0$2,899,670
68$5,118,346$0$0$3,090,911
69$5,457,969$0$0$3,298,366
70$5,826,486$0$0$3,523,585
71$6,226,664$0$0$3,768,273
72$6,661,546$0$0$4,034,306
73$7,134,477$0$0$4,323,746
74$7,649,142$0$0$4,638,865
75$8,209,591$0$0$4,982,160
76$8,820,283$0$0$5,356,380
77$9,486,126$0$0$5,764,550
78$10,212,518$0$0$6,210,002
79$11,005,406$0$0$6,696,399
80$11,871,330$0$0$7,227,778
81$12,817,496$0$0$7,808,581
82$13,851,832$0$0$8,443,698
83$14,983,069$0$0$9,138,514
84$16,220,821$0$0$9,898,958
85$17,575,671$0$0$10,731,559
86$19,059,277$0$0$11,643,508
87$20,684,473$0$0$12,642,721
88$22,465,396$0$0$13,737,919
89$24,417,613$0$0$14,938,704
90$26,558,269$0$0$16,255,654
91$28,906,249$0$0$17,700,419
92$31,482,353$0$0$19,285,831
93$34,309,491$0$0$21,026,023
94$37,412,899$0$0$22,936,567
95$40,820,376$0$0$25,034,610
96$44,562,543$0$0$27,339,048
97$48,673,133$0$0$29,870,692
98$53,189,308$0$0$32,652,470
99$58,152,005$0$0$35,709,641
100$63,606,326$0$0$39,070,031