Can I retire at age 30 with 782,000?

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 $782,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$64,577$64,002$63,440$62,893$62,358$61,630
2 years$31,969$31,373$30,796$30,237$29,694$28,961
3 years$21,101$20,503$19,927$19,373$18,839$18,124
4 years$15,668$15,072$14,502$13,957$13,436$12,745
5 years$12,409$11,816$11,254$10,720$10,214$9,548
6 years$10,237$9,649$9,095$8,573$8,082$7,442
7 years$8,686$8,103$7,558$7,049$6,573$5,960
8 years$7,524$6,946$6,410$5,913$5,453$4,866
9 years$6,620$6,048$5,521$5,036$4,592$4,032
10 years$5,898$5,331$4,813$4,341$3,913$3,378
11 years$5,307$4,746$4,237$3,778$3,365$2,856
12 years$4,815$4,259$3,761$3,314$2,916$2,432
13 years$4,399$3,849$3,360$2,926$2,543$2,083
14 years$4,043$3,499$3,019$2,597$2,229$1,793
15 years$3,734$3,196$2,726$2,316$1,963$1,550
16 years$3,465$2,933$2,471$2,074$1,735$1,344
17 years$3,227$2,701$2,249$1,863$1,538$1,169
18 years$3,016$2,496$2,053$1,679$1,368$1,019
19 years$2,827$2,313$1,879$1,517$1,219$890
20 years$2,658$2,149$1,725$1,374$1,089$779
21 years$2,505$2,002$1,586$1,247$974$683
22 years$2,366$1,869$1,462$1,134$873$600
23 years$2,239$1,748$1,350$1,033$784$527
24 years$2,123$1,638$1,248$942$705$464
25 years$2,016$1,537$1,156$860$634$409
26 years$1,918$1,444$1,072$787$571$360
27 years$1,827$1,359$996$720$515$318
28 years$1,743$1,281$926$660$465$280
29 years$1,665$1,208$861$605$420$247
30 years$1,592$1,141$802$555$379$219
31 years$1,524$1,079$748$510$343$193
32 years$1,460$1,021$698$469$310$171
33 years$1,400$967$652$431$281$151
34 years$1,344$916$609$396$254$134
35 years$1,292$869$569$365$230$118
36 years$1,242$825$533$336$208$105
37 years$1,195$783$498$310$189$93
38 years$1,151$744$467$285$171$82
39 years$1,109$708$437$263$155$73
40 years$1,069$674$410$243$141$64
41 years$1,031$641$384$224$128$57
42 years$996$611$361$207$116$50
43 years$962$582$338$191$105$45
44 years$929$555$318$176$96$40
45 years$898$529$298$163$87$35
46 years$869$504$280$150$79$31
47 years$841$481$263$139$72$28
48 years$814$460$247$128$65$24
49 years$788$439$232$119$59$22
50 years$764$419$219$110$54$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $782,000, adding $3,714 every year, while hoping to spend $57,142 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: 59/35/6 Blend
29$782,000$782,000$782,000$782,000
30$865,595$824,149$812,028$915,429
31$893,087$803,734$778,432$928,852
32$921,468$780,403$741,796$936,620
33$950,769$753,953$701,957$943,645
34$981,020$724,170$658,745$949,861
35$1,012,255$690,825$611,984$955,195
36$1,044,508$653,679$561,489$959,567
37$1,077,815$612,476$507,065$962,897
38$1,112,211$566,947$448,512$965,098
39$1,147,737$516,807$385,617$966,076
40$1,184,432$461,757$318,161$965,734
41$1,222,338$401,477$245,913$963,969
42$1,261,499$335,631$168,634$960,670
43$1,301,960$263,866$86,072$955,723
44$1,343,770$185,805$0$949,004
45$1,386,979$101,054$0$940,514
46$1,431,638$9,192$0$935,875
47$1,477,803$0$0$929,444
48$1,525,530$0$0$955,835
49$1,574,882$0$0$986,787
50$1,625,920$0$0$1,018,801
51$1,678,712$0$0$1,051,917
52$1,733,327$0$0$1,086,181
53$1,789,840$0$0$1,121,640
54$1,848,328$0$0$1,158,342
55$1,908,874$0$0$1,196,340
56$1,971,563$0$0$1,235,689
57$2,036,489$0$0$1,276,448
58$2,103,747$0$0$1,318,678
59$2,173,442$0$0$1,362,444
60$2,245,681$0$0$1,407,815
61$2,320,580$0$0$1,454,867
62$2,398,264$0$0$1,503,676
63$2,478,862$0$0$1,554,327
64$2,562,514$0$0$1,606,909
65$2,649,370$0$0$1,661,516
66$2,739,587$0$0$1,718,251
67$2,833,336$0$0$1,777,221
68$2,930,798$0$0$1,838,542
69$3,032,168$0$0$1,902,340
70$3,137,654$0$0$1,968,748
71$3,247,480$0$0$2,037,909
72$3,361,886$0$0$2,109,977
73$3,481,132$0$0$2,185,119
74$3,605,495$0$0$2,263,513
75$3,735,275$0$0$2,345,351
76$3,870,797$0$0$2,430,842
77$4,012,410$0$0$2,520,211
78$4,160,491$0$0$2,613,700
79$4,315,449$0$0$2,711,573
80$4,477,726$0$0$2,814,113
81$4,647,802$0$0$2,921,631
82$4,826,195$0$0$3,034,460
83$5,013,472$0$0$3,152,965
84$5,210,242$0$0$3,277,541
85$5,417,174$0$0$3,408,617
86$5,634,990$0$0$3,546,661
87$5,864,480$0$0$3,692,182
88$6,106,501$0$0$3,845,734
89$6,361,989$0$0$4,007,923
90$6,631,965$0$0$4,179,407
91$6,917,541$0$0$4,360,908
92$7,219,933$0$0$4,553,210
93$7,540,469$0$0$4,757,173
94$7,880,599$0$0$4,973,735
95$8,241,908$0$0$5,203,924
96$8,626,132$0$0$5,448,863
97$9,035,168$0$0$5,709,780
98$9,471,095$0$0$5,988,023
99$9,936,188$0$0$6,285,066
100$10,432,941$0$0$6,602,524