Can I retire at age 30 with 619,000?

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 $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%17%
1 years$51,116$50,661$50,217$49,783$49,360$47,953
2 years$25,305$24,834$24,377$23,934$23,505$22,098
3 years$16,703$16,229$15,774$15,335$14,912$13,550
4 years$12,402$11,930$11,479$11,048$10,636$9,328
5 years$9,822$9,353$8,908$8,486$8,085$6,836
6 years$8,103$7,638$7,199$6,786$6,397$5,208
7 years$6,876$6,414$5,983$5,579$5,203$4,073
8 years$5,956$5,498$5,074$4,680$4,316$3,246
9 years$5,240$4,787$4,370$3,987$3,635$2,623
10 years$4,668$4,220$3,810$3,437$3,097$2,141
11 years$4,201$3,756$3,354$2,991$2,664$1,763
12 years$3,811$3,372$2,977$2,623$2,308$1,461
13 years$3,482$3,047$2,659$2,316$2,013$1,217
14 years$3,200$2,770$2,390$2,056$1,764$1,018
15 years$2,956$2,530$2,157$1,833$1,554$855
16 years$2,742$2,321$1,956$1,642$1,373$719
17 years$2,554$2,138$1,780$1,475$1,217$607
18 years$2,387$1,975$1,625$1,329$1,082$513
19 years$2,238$1,831$1,487$1,201$965$435
20 years$2,104$1,701$1,365$1,088$862$369
21 years$1,983$1,585$1,256$987$771$313
22 years$1,872$1,479$1,157$898$691$266
23 years$1,772$1,384$1,069$818$621$226
24 years$1,680$1,296$988$746$558$193
25 years$1,596$1,216$915$681$502$164
26 years$1,518$1,143$849$623$452$140
27 years$1,446$1,076$788$570$408$119
28 years$1,380$1,014$733$522$368$102
29 years$1,318$956$682$479$332$87
30 years$1,260$903$635$439$300$74
31 years$1,206$854$592$404$271$63
32 years$1,156$808$553$371$245$54
33 years$1,109$765$516$341$222$46
34 years$1,064$725$482$314$201$39
35 years$1,022$688$451$289$182$34
36 years$983$653$422$266$165$29
37 years$946$620$395$245$150$25
38 years$911$589$370$226$136$21
39 years$878$560$346$208$123$18
40 years$846$533$324$192$112$15
41 years$816$507$304$177$101$13
42 years$788$483$285$164$92$11
43 years$761$461$268$151$83$10
44 years$735$439$251$139$76$8
45 years$711$419$236$129$69$7
46 years$688$399$222$119$62$6
47 years$665$381$208$110$57$5
48 years$644$364$196$102$51$4
49 years$624$347$184$94$47$4
50 years$604$332$173$87$42$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $619,000, adding $5,132 every year, while hoping to spend $24,912 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: 74/20/6 Blend
29$619,000$619,000$619,000$619,000
30$687,432$654,625$645,030$737,463
31$731,044$660,195$640,132$776,669
32$778,269$665,204$634,236$815,938
33$829,450$669,596$627,280$858,241
34$884,963$673,316$619,203$903,867
35$945,222$676,301$609,940$953,139
36$1,010,683$678,487$599,420$1,006,410
37$1,081,845$679,806$587,574$1,064,068
38$1,159,260$680,183$574,324$1,126,544
39$1,243,534$679,542$559,594$1,194,311
40$1,335,334$677,799$543,300$1,267,889
41$1,435,394$674,867$525,356$1,347,854
42$1,544,521$670,653$505,673$1,434,840
43$1,663,605$665,057$484,155$1,529,545
44$1,793,624$657,977$460,706$1,632,739
45$1,935,656$649,299$435,221$1,745,271
46$2,090,886$638,908$407,594$1,868,077
47$2,260,619$626,678$377,712$2,002,189
48$2,446,294$612,477$345,457$2,148,744
49$2,649,494$596,166$310,708$2,308,995
50$2,871,960$577,596$273,334$2,484,326
51$3,115,613$556,611$233,204$2,676,261
52$3,382,566$533,046$190,177$2,886,479
53$3,675,147$506,724$144,107$3,116,833
54$3,995,920$477,461$94,842$3,369,367
55$4,347,707$445,060$42,222$3,646,330
56$4,733,618$409,313$0$3,950,206
57$5,157,080$370,002$0$4,284,623
58$5,621,865$326,895$0$4,654,649
59$6,132,129$279,747$0$5,060,916
60$6,692,450$228,298$0$5,507,103
61$7,307,871$172,276$0$5,997,266
62$7,983,949$111,392$0$6,535,873
63$8,726,802$45,341$0$7,127,853
64$9,543,174$0$0$7,778,636
65$10,440,493$0$0$8,499,974
66$11,426,941$0$0$9,303,960
67$12,511,535$0$0$10,187,969
68$13,704,207$0$0$11,160,098
69$15,015,901$0$0$12,229,274
70$16,458,675$0$0$13,405,326
71$18,045,814$0$0$14,699,090
72$19,791,953$0$0$16,122,499
73$21,713,221$0$0$17,688,705
74$23,827,387$0$0$19,412,198
75$26,154,029$0$0$21,308,944
76$28,714,721$0$0$23,396,533
77$31,533,232$0$0$25,694,351
78$34,635,754$0$0$28,223,753
79$38,051,146$0$0$31,008,276
80$41,811,208$0$0$34,073,849
81$45,950,981$0$0$37,449,046
82$50,509,073$0$0$41,165,353
83$55,528,031$0$0$45,257,463
84$61,054,733$0$0$49,763,606
85$67,140,839$0$0$54,725,906
86$73,843,271$0$0$60,190,783
87$81,224,755$0$0$66,209,387
88$89,354,408$0$0$72,838,082
89$98,308,394$0$0$80,138,976
90$108,170,642$0$0$88,180,511
91$119,033,635$0$0$97,038,104
92$130,999,286$0$0$106,794,862
93$144,179,895$0$0$117,542,364
94$158,699,216$0$0$129,381,526
95$174,693,616$0$0$142,423,552
96$192,313,367$0$0$156,790,986
97$211,724,065$0$0$172,618,865
98$233,108,188$0$0$190,055,996
99$256,666,822$0$0$209,266,361
100$282,621,557$0$0$230,430,658