Can I retire at age 30 with 619,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $619,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$51,116$50,661$50,217$49,783$49,360$49,008
2 years$25,305$24,834$24,377$23,934$23,505$23,150
3 years$16,703$16,229$15,774$15,335$14,912$14,565
4 years$12,402$11,930$11,479$11,048$10,636$10,299
5 years$9,822$9,353$8,908$8,486$8,085$7,760
6 years$8,103$7,638$7,199$6,786$6,397$6,085
7 years$6,876$6,414$5,983$5,579$5,203$4,903
8 years$5,956$5,498$5,074$4,680$4,316$4,028
9 years$5,240$4,787$4,370$3,987$3,635$3,359
10 years$4,668$4,220$3,810$3,437$3,097$2,833
11 years$4,201$3,756$3,354$2,991$2,664$2,412
12 years$3,811$3,372$2,977$2,623$2,308$2,068
13 years$3,482$3,047$2,659$2,316$2,013$1,784
14 years$3,200$2,770$2,390$2,056$1,764$1,547
15 years$2,956$2,530$2,157$1,833$1,554$1,347
16 years$2,742$2,321$1,956$1,642$1,373$1,177
17 years$2,554$2,138$1,780$1,475$1,217$1,031
18 years$2,387$1,975$1,625$1,329$1,082$906
19 years$2,238$1,831$1,487$1,201$965$798
20 years$2,104$1,701$1,365$1,088$862$704
21 years$1,983$1,585$1,256$987$771$622
22 years$1,872$1,479$1,157$898$691$551
23 years$1,772$1,384$1,069$818$621$488
24 years$1,680$1,296$988$746$558$433
25 years$1,596$1,216$915$681$502$385
26 years$1,518$1,143$849$623$452$342
27 years$1,446$1,076$788$570$408$304
28 years$1,380$1,014$733$522$368$271
29 years$1,318$956$682$479$332$241
30 years$1,260$903$635$439$300$215
31 years$1,206$854$592$404$271$192
32 years$1,156$808$553$371$245$171
33 years$1,109$765$516$341$222$153
34 years$1,064$725$482$314$201$136
35 years$1,022$688$451$289$182$122
36 years$983$653$422$266$165$109
37 years$946$620$395$245$150$97
38 years$911$589$370$226$136$87
39 years$878$560$346$208$123$78
40 years$846$533$324$192$112$69
41 years$816$507$304$177$101$62
42 years$788$483$285$164$92$56
43 years$761$461$268$151$83$50
44 years$735$439$251$139$76$44
45 years$711$419$236$129$69$40
46 years$688$399$222$119$62$36
47 years$665$381$208$110$57$32
48 years$644$364$196$102$51$28
49 years$624$347$184$94$47$25
50 years$604$332$173$87$42$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $619,000, adding $5,572 every year, while hoping to spend $39,371 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: 26/48/26 Blend
29$619,000$619,000$619,000$619,000
30$687,886$655,079$645,484$700,048
31$716,159$645,287$625,217$700,572
32$745,998$633,696$602,952$697,380
33$777,518$620,176$578,580$693,134
34$810,850$604,590$551,987$687,773
35$846,134$586,791$523,055$681,232
36$883,522$566,627$491,661$673,443
37$923,183$543,933$457,673$664,338
38$965,300$518,539$420,958$653,846
39$1,010,074$490,260$381,373$641,895
40$1,057,724$458,905$338,771$628,411
41$1,108,489$424,269$292,997$613,319
42$1,162,633$386,136$243,891$596,542
43$1,220,444$344,279$191,283$578,003
44$1,282,236$298,456$134,999$557,624
45$1,348,357$248,413$74,854$535,326
46$1,419,185$193,881$10,657$511,031
47$1,495,137$134,576$0$484,662
48$1,576,668$70,197$0$472,191
49$1,664,280$428$0$461,694
50$1,758,522$0$0$450,200
51$1,859,998$0$0$477,351
52$1,969,371$0$0$506,938
53$2,087,369$0$0$538,941
54$2,214,792$0$0$573,588
55$2,352,520$0$0$611,128
56$2,501,518$0$0$651,837
57$2,662,848$0$0$696,018
58$2,837,679$0$0$744,001
59$3,027,294$0$0$796,155
60$3,233,105$0$0$852,880
61$3,456,666$0$0$914,621
62$3,699,683$0$0$981,863
63$3,964,038$0$0$1,055,143
64$4,251,796$0$0$1,135,052
65$4,565,234$0$0$1,222,238
66$4,906,854$0$0$1,317,417
67$5,279,413$0$0$1,421,375
68$5,685,943$0$0$1,534,978
69$6,129,782$0$0$1,659,181
70$6,614,604$0$0$1,795,033
71$7,144,455$0$0$1,943,690
72$7,723,788$0$0$2,106,425
73$8,357,508$0$0$2,284,641
74$9,051,012$0$0$2,479,880
75$9,810,246$0$0$2,693,843
76$10,641,758$0$0$2,928,403
77$11,552,755$0$0$3,185,621
78$12,551,179$0$0$3,467,768
79$13,645,774$0$0$3,777,347
80$14,846,170$0$0$4,117,113
81$16,162,975$0$0$4,490,100
82$17,607,873$0$0$4,899,654
83$19,193,733$0$0$5,349,456
84$20,934,731$0$0$5,843,563
85$22,846,483$0$0$6,386,447
86$24,946,191$0$0$6,983,030
87$27,252,804$0$0$7,638,737
88$29,787,197$0$0$8,359,545
89$32,572,369$0$0$9,152,038
90$35,633,655$0$0$10,023,468
91$38,998,968$0$0$10,981,830
92$42,699,059$0$0$12,035,927
93$46,767,808$0$0$13,195,461
94$51,242,544$0$0$14,471,122
95$56,164,391$0$0$15,874,687
96$61,578,663$0$0$17,419,132
97$67,535,284$0$0$19,118,755
98$74,089,262$0$0$20,989,310
99$81,301,205$0$0$23,048,155
100$89,237,894$0$0$25,314,418