Can I retire at age 30 with 786,000?

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 $786,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$64,907$64,329$63,765$63,214$62,677$60,792
2 years$32,132$31,534$30,954$30,392$29,846$27,963
3 years$21,209$20,608$20,029$19,472$18,936$17,114
4 years$15,748$15,149$14,576$14,029$13,505$11,758
5 years$12,472$11,877$11,312$10,775$10,266$8,599
6 years$10,289$9,698$9,142$8,617$8,123$6,537
7 years$8,731$8,145$7,597$7,085$6,606$5,101
8 years$7,562$6,981$6,443$5,943$5,481$4,055
9 years$6,654$6,079$5,549$5,062$4,616$3,268
10 years$5,928$5,358$4,838$4,364$3,933$2,662
11 years$5,334$4,770$4,259$3,798$3,382$2,186
12 years$4,839$4,281$3,780$3,331$2,931$1,807
13 years$4,421$3,869$3,377$2,941$2,556$1,501
14 years$4,063$3,517$3,034$2,611$2,240$1,252
15 years$3,753$3,213$2,740$2,328$1,973$1,048
16 years$3,482$2,948$2,484$2,085$1,743$880
17 years$3,243$2,715$2,260$1,873$1,546$740
18 years$3,031$2,508$2,063$1,688$1,375$624
19 years$2,842$2,325$1,889$1,525$1,225$527
20 years$2,671$2,160$1,733$1,381$1,094$446
21 years$2,517$2,012$1,594$1,254$979$377
22 years$2,378$1,878$1,469$1,140$878$320
23 years$2,250$1,757$1,357$1,038$788$271
24 years$2,134$1,646$1,255$947$708$230
25 years$2,026$1,545$1,162$865$637$195
26 years$1,928$1,452$1,078$791$574$166
27 years$1,836$1,366$1,001$724$518$141
28 years$1,752$1,287$930$663$467$120
29 years$1,673$1,215$866$608$422$102
30 years$1,600$1,147$807$558$381$87
31 years$1,532$1,084$752$512$344$74
32 years$1,468$1,026$702$471$312$63
33 years$1,408$972$655$433$282$53
34 years$1,351$921$612$399$255$45
35 years$1,298$873$572$367$231$39
36 years$1,248$829$535$338$210$33
37 years$1,201$787$501$311$190$28
38 years$1,157$748$469$287$172$24
39 years$1,115$712$440$265$156$20
40 years$1,075$677$412$244$142$17
41 years$1,037$644$386$225$128$15
42 years$1,001$614$362$208$117$13
43 years$966$585$340$192$106$11
44 years$934$557$319$177$96$9
45 years$903$532$300$164$87$8
46 years$873$507$282$151$79$7
47 years$845$484$264$140$72$6
48 years$818$462$249$129$65$5
49 years$792$441$234$119$59$4
50 years$767$421$220$110$54$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $786,000, adding $4,085 every year, while hoping to spend $31,270 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: 50/26/24 Blend
29$786,000$786,000$786,000$786,000
30$870,386$828,728$816,545$907,843
31$925,894$836,064$810,628$941,652
32$986,016$842,712$803,465$974,891
33$1,051,190$848,605$794,981$1,010,382
34$1,121,896$853,672$785,097$1,048,352
35$1,198,664$857,836$773,733$1,089,050
36$1,282,075$861,018$760,801$1,132,755
37$1,372,771$863,132$746,212$1,179,775
38$1,471,456$864,088$729,872$1,230,448
39$1,578,904$863,788$711,682$1,285,152
40$1,695,969$862,130$691,540$1,344,303
41$1,823,589$859,005$669,338$1,408,362
42$1,962,797$854,298$644,963$1,477,838
43$2,114,730$847,887$618,297$1,553,296
44$2,280,639$839,640$589,217$1,635,359
45$2,461,903$829,421$557,594$1,724,718
46$2,660,038$817,084$523,295$1,822,133
47$2,876,714$802,473$486,177$1,928,450
48$3,113,770$785,425$446,095$2,044,599
49$3,373,229$765,766$402,894$2,171,612
50$3,657,322$743,312$356,414$2,310,625
51$3,968,503$717,868$306,488$2,462,898
52$4,309,476$689,229$252,941$2,629,821
53$4,683,217$657,176$195,589$2,812,930
54$5,093,007$621,480$134,243$3,013,921
55$5,542,457$581,895$68,704$3,234,668
56$6,035,544$538,165$0$3,477,243
57$6,576,651$490,016$0$3,744,247
58$7,170,603$437,161$0$4,056,685
59$7,822,717$379,294$0$4,399,791
60$8,538,849$316,094$0$4,776,702
61$9,325,451$247,222$0$5,190,881
62$10,189,628$172,317$0$5,646,145
63$11,139,210$91,000$0$6,146,703
64$12,182,822$2,872$0$6,697,199
65$13,329,967$0$0$7,302,752
66$14,591,111$0$0$7,995,470
67$15,977,789$0$0$8,758,137
68$17,502,708$0$0$9,596,929
69$19,179,866$0$0$10,519,561
70$21,024,689$0$0$11,534,529
71$23,054,170$0$0$12,651,197
72$25,287,036$0$0$13,879,878
73$27,743,915$0$0$15,231,941
74$30,447,541$0$0$16,719,907
75$33,422,960$0$0$18,357,578
76$36,697,769$0$0$20,160,155
77$40,302,378$0$0$22,144,395
78$44,270,291$0$0$24,328,755
79$48,638,430$0$0$26,733,578
80$53,447,474$0$0$29,381,276
81$58,742,251$0$0$32,296,547
82$64,572,153$0$0$35,506,605
83$70,991,609$0$0$39,041,437
84$78,060,592$0$0$42,934,086
85$85,845,188$0$0$47,220,963
86$94,418,219$0$0$51,942,191
87$103,859,929$0$0$57,141,983
88$114,258,741$0$0$62,869,056
89$125,712,093$0$0$69,177,096
90$138,327,354$0$0$76,125,262
91$152,222,839$0$0$83,778,741
92$167,528,926$0$0$92,209,370
93$184,389,284$0$0$101,496,306
94$202,962,229$0$0$111,726,780
95$223,422,219$0$0$122,996,914
96$245,961,500$0$0$135,412,633
97$270,791,920$0$0$149,090,661
98$298,146,926$0$0$164,159,626
99$328,283,772$0$0$180,761,269
100$361,485,940$0$0$199,051,786