Can I retire at age 30 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$64,412$63,838$63,278$62,732$62,198$61,832
2 years$31,887$31,293$30,718$30,160$29,618$29,249
3 years$21,047$20,450$19,876$19,323$18,791$18,430
4 years$15,628$15,033$14,465$13,921$13,402$13,052
5 years$12,377$11,786$11,225$10,693$10,188$9,850
6 years$10,211$9,624$9,072$8,551$8,061$7,736
7 years$8,664$8,082$7,539$7,031$6,556$6,243
8 years$7,505$6,928$6,393$5,898$5,439$5,138
9 years$6,603$6,032$5,507$5,024$4,580$4,292
10 years$5,882$5,317$4,801$4,330$3,903$3,627
11 years$5,293$4,734$4,227$3,769$3,356$3,093
12 years$4,803$4,249$3,751$3,306$2,909$2,657
13 years$4,388$3,839$3,351$2,918$2,536$2,297
14 years$4,032$3,490$3,011$2,591$2,223$1,995
15 years$3,725$3,188$2,719$2,310$1,958$1,741
16 years$3,456$2,925$2,465$2,069$1,730$1,524
17 years$3,219$2,694$2,243$1,859$1,534$1,338
18 years$3,008$2,489$2,047$1,675$1,364$1,178
19 years$2,820$2,307$1,874$1,514$1,216$1,040
20 years$2,651$2,144$1,720$1,371$1,086$920
21 years$2,498$1,997$1,582$1,244$972$815
22 years$2,359$1,864$1,458$1,131$871$723
23 years$2,233$1,743$1,346$1,030$782$642
24 years$2,117$1,633$1,245$940$703$571
25 years$2,011$1,533$1,153$858$632$508
26 years$1,913$1,441$1,070$785$570$453
27 years$1,822$1,356$993$718$514$404
28 years$1,738$1,278$923$658$463$361
29 years$1,660$1,205$859$603$418$322
30 years$1,588$1,138$800$554$378$288
31 years$1,520$1,076$746$509$342$257
32 years$1,456$1,018$696$467$309$230
33 years$1,397$964$650$430$280$206
34 years$1,341$914$607$395$253$184
35 years$1,288$867$568$364$229$165
36 years$1,239$823$531$335$208$148
37 years$1,192$781$497$309$188$132
38 years$1,148$743$466$285$171$119
39 years$1,106$706$436$263$155$106
40 years$1,066$672$409$242$141$95
41 years$1,029$639$383$223$127$85
42 years$993$609$360$206$116$76
43 years$959$580$337$190$105$69
44 years$927$553$317$176$95$62
45 years$896$527$297$162$87$55
46 years$867$503$279$150$79$49
47 years$839$480$262$139$71$44
48 years$812$458$247$128$65$40
49 years$786$438$232$118$59$36
50 years$762$418$218$109$53$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $780,000, adding $2,413 every year, while hoping to spend $53,073 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: 63/10/27 Blend
29$780,000$780,000$780,000$780,000
30$862,049$820,709$808,619$910,025
31$893,509$804,454$779,238$926,573
32$926,399$785,625$747,095$938,602
33$960,808$764,037$712,040$950,588
34$996,835$739,500$673,918$962,537
35$1,034,585$711,808$632,566$974,453
36$1,074,171$680,745$587,816$986,348
37$1,115,718$646,083$539,489$998,234
38$1,159,360$607,580$487,401$1,010,126
39$1,205,244$564,980$431,357$1,022,047
40$1,253,528$518,013$371,157$1,034,021
41$1,304,385$466,393$306,588$1,046,081
42$1,358,004$409,818$237,431$1,058,264
43$1,414,591$347,969$163,455$1,070,614
44$1,474,368$280,509$84,420$1,083,186
45$1,537,581$207,081$75$1,096,042
46$1,604,495$127,309$0$1,109,254
47$1,675,402$40,796$0$1,148,816
48$1,750,621$0$0$1,190,624
49$1,830,497$0$0$1,240,669
50$1,915,413$0$0$1,298,672
51$2,005,783$0$0$1,360,432
52$2,102,064$0$0$1,426,264
53$2,204,753$0$0$1,496,514
54$2,314,397$0$0$1,571,560
55$2,431,595$0$0$1,651,816
56$2,557,003$0$0$1,737,737
57$2,691,341$0$0$1,829,821
58$2,835,396$0$0$1,928,615
59$2,990,036$0$0$2,034,719
60$3,156,210$0$0$2,148,791
61$3,334,961$0$0$2,271,553
62$3,527,435$0$0$2,403,801
63$3,734,888$0$0$2,546,406
64$3,958,703$0$0$2,700,324
65$4,200,397$0$0$2,866,609
66$4,461,638$0$0$3,046,417
67$4,744,259$0$0$3,241,019
68$5,050,274$0$0$3,451,812
69$5,381,899$0$0$3,680,333
70$5,741,570$0$0$3,928,271
71$6,131,964$0$0$4,197,483
72$6,556,028$0$0$4,490,013
73$7,017,003$0$0$4,808,110
74$7,518,454$0$0$5,154,247
75$8,064,303$0$0$5,531,144
76$8,658,866$0$0$5,941,796
77$9,306,892$0$0$6,389,499
78$10,013,609$0$0$6,877,880
79$10,784,769$0$0$7,410,929
80$11,626,706$0$0$7,993,042
81$12,546,389$0$0$8,629,056
82$13,551,494$0$0$9,324,296
83$14,650,469$0$0$10,084,625
84$15,852,616$0$0$10,916,500
85$17,168,178$0$0$11,827,028
86$18,608,433$0$0$12,824,036
87$20,185,800$0$0$13,916,145
88$21,913,957$0$0$15,112,847
89$23,807,966$0$0$16,424,596
90$25,884,416$0$0$17,862,905
91$28,161,576$0$0$19,440,457
92$30,659,572$0$0$21,171,219
93$33,400,566$0$0$23,070,575
94$36,408,974$0$0$25,155,472
95$39,711,688$0$0$27,444,577
96$43,338,332$0$0$29,958,453
97$47,321,540$0$0$32,719,752
98$51,697,260$0$0$35,753,428
99$56,505,095$0$0$39,086,971
100$61,788,672$0$0$42,750,666