Can I retire at age 30 with 779,000?

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 $779,000?

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 years$64,329$63,756$63,197$62,651$62,119$61,857
2 years$31,846$31,253$30,678$30,121$29,580$29,316
3 years$21,020$20,424$19,851$19,299$18,767$18,508
4 years$15,608$15,014$14,446$13,904$13,385$13,134
5 years$12,361$11,771$11,211$10,679$10,175$9,932
6 years$10,198$9,612$9,060$8,540$8,051$7,817
7 years$8,653$8,072$7,529$7,021$6,548$6,323
8 years$7,495$6,919$6,385$5,890$5,432$5,216
9 years$6,595$6,025$5,500$5,017$4,574$4,367
10 years$5,875$5,310$4,795$4,325$3,898$3,699
11 years$5,286$4,727$4,221$3,764$3,352$3,162
12 years$4,796$4,243$3,746$3,301$2,905$2,723
13 years$4,382$3,835$3,347$2,915$2,533$2,360
14 years$4,027$3,485$3,007$2,587$2,221$2,055
15 years$3,720$3,184$2,715$2,307$1,955$1,798
16 years$3,451$2,921$2,462$2,066$1,728$1,578
17 years$3,215$2,690$2,240$1,856$1,532$1,390
18 years$3,004$2,486$2,045$1,673$1,362$1,227
19 years$2,816$2,304$1,872$1,512$1,214$1,086
20 years$2,648$2,141$1,718$1,369$1,085$963
21 years$2,495$1,994$1,580$1,243$971$856
22 years$2,356$1,862$1,456$1,130$870$762
23 years$2,230$1,741$1,345$1,029$781$679
24 years$2,115$1,631$1,244$938$702$605
25 years$2,008$1,531$1,152$857$632$541
26 years$1,911$1,439$1,068$784$569$483
27 years$1,820$1,354$992$717$513$432
28 years$1,736$1,276$922$657$463$387
29 years$1,658$1,204$858$603$418$347
30 years$1,586$1,137$799$553$378$311
31 years$1,518$1,075$745$508$341$279
32 years$1,455$1,017$695$467$309$250
33 years$1,395$963$649$429$279$225
34 years$1,339$913$607$395$253$202
35 years$1,287$866$567$364$229$181
36 years$1,237$822$531$335$208$163
37 years$1,191$780$497$309$188$146
38 years$1,146$742$465$284$171$131
39 years$1,105$705$436$262$155$118
40 years$1,065$671$408$242$140$106
41 years$1,027$639$383$223$127$96
42 years$992$608$359$206$116$86
43 years$958$580$337$190$105$77
44 years$926$552$316$176$95$70
45 years$895$527$297$162$86$63
46 years$865$503$279$150$78$56
47 years$837$480$262$138$71$51
48 years$811$458$246$128$65$46
49 years$785$437$232$118$59$41
50 years$761$418$218$109$53$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $779,000, adding $4,145 every year, while hoping to spend $47,649 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: 48/41/11 Blend
29$779,000$779,000$779,000$779,000
30$862,734$821,447$809,372$901,350
31$900,034$810,999$785,788$917,905
32$939,543$798,443$759,817$930,566
33$981,433$783,624$731,328$943,233
34$1,025,898$766,380$700,186$955,919
35$1,073,145$746,539$666,248$968,647
36$1,123,404$723,917$629,365$981,440
37$1,176,924$698,321$589,381$994,332
38$1,233,979$669,548$546,135$1,007,361
39$1,294,870$637,381$499,455$1,020,572
40$1,359,925$601,591$449,165$1,034,023
41$1,429,505$561,936$395,080$1,047,777
42$1,504,004$518,161$337,004$1,061,913
43$1,583,855$469,994$274,737$1,076,519
44$1,669,535$417,150$208,067$1,091,702
45$1,761,563$359,326$136,773$1,107,581
46$1,860,513$296,204$60,626$1,124,296
47$1,967,014$227,446$0$1,142,007
48$2,081,754$152,695$0$1,163,320
49$2,205,492$71,576$0$1,193,773
50$2,339,060$0$0$1,226,513
51$2,483,373$0$0$1,269,200
52$2,639,437$0$0$1,350,353
53$2,808,356$0$0$1,438,261
54$2,991,346$0$0$1,533,567
55$3,189,741$0$0$1,636,975
56$3,405,011$0$0$1,749,261
57$3,638,771$0$0$1,871,277
58$3,892,797$0$0$2,003,962
59$4,169,045$0$0$2,148,348
60$4,469,664$0$0$2,305,571
61$4,797,021$0$0$2,476,880
62$5,153,718$0$0$2,663,652
63$5,542,622$0$0$2,867,399
64$5,966,886$0$0$3,089,788
65$6,429,980$0$0$3,332,653
66$6,935,726$0$0$3,598,013
67$7,488,330$0$0$3,888,091
68$8,092,422$0$0$4,205,334
69$8,753,100$0$0$4,552,436
70$9,475,977$0$0$4,932,365
71$10,267,235$0$0$5,348,387
72$11,133,679$0$0$5,804,101
73$12,082,806$0$0$6,303,468
74$13,122,868$0$0$6,850,851
75$14,262,956$0$0$7,451,058
76$15,513,082$0$0$8,109,380
77$16,884,273$0$0$8,831,648
78$18,388,675$0$0$9,624,284
79$20,039,665$0$0$10,494,360
80$21,851,980$0$0$11,449,669
81$23,841,851$0$0$12,498,793
82$26,027,160$0$0$13,651,187
83$28,427,603$0$0$14,917,267
84$31,064,880$0$0$16,308,507
85$33,962,896$0$0$17,837,549
86$37,147,986$0$0$19,518,319
87$40,649,162$0$0$21,366,160
88$44,498,389$0$0$23,397,975
89$48,730,882$0$0$25,632,387
90$53,385,439$0$0$28,089,917
91$58,504,807$0$0$30,793,169
92$64,136,084$0$0$33,767,053
93$70,331,160$0$0$37,039,012
94$77,147,210$0$0$40,639,284
95$84,647,228$0$0$44,601,185
96$92,900,624$0$0$48,961,427
97$101,983,878$0$0$53,760,457
98$111,981,256$0$0$59,042,845
99$122,985,610$0$0$64,857,699
100$135,099,249$0$0$71,259,131