Can I retire at age 30 with 625,000?

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 $625,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$51,612$51,152$50,704$50,266$49,838$48,555
2 years$25,550$25,075$24,613$24,166$23,733$22,448
3 years$16,864$16,387$15,927$15,484$15,057$13,811
4 years$12,522$12,046$11,590$11,155$10,739$9,542
5 years$9,918$9,444$8,995$8,568$8,163$7,019
6 years$8,182$7,712$7,269$6,852$6,459$5,368
7 years$6,942$6,476$6,041$5,633$5,253$4,215
8 years$6,013$5,551$5,123$4,726$4,358$3,372
9 years$5,291$4,834$4,412$4,025$3,670$2,736
10 years$4,714$4,261$3,847$3,470$3,127$2,244
11 years$4,241$3,793$3,387$3,020$2,689$1,856
12 years$3,848$3,404$3,006$2,649$2,331$1,545
13 years$3,516$3,076$2,685$2,338$2,032$1,293
14 years$3,231$2,796$2,413$2,076$1,782$1,087
15 years$2,984$2,555$2,178$1,851$1,569$917
16 years$2,769$2,344$1,975$1,658$1,386$776
17 years$2,579$2,159$1,797$1,489$1,229$658
18 years$2,410$1,995$1,641$1,342$1,093$559
19 years$2,260$1,849$1,502$1,213$974$476
20 years$2,124$1,718$1,378$1,098$870$406
21 years$2,002$1,600$1,268$997$779$347
22 years$1,891$1,494$1,168$906$698$296
23 years$1,789$1,397$1,079$825$627$253
24 years$1,697$1,309$998$753$563$217
25 years$1,611$1,228$924$688$507$186
26 years$1,533$1,154$857$629$456$159
27 years$1,460$1,086$796$575$412$137
28 years$1,393$1,024$740$527$371$117
29 years$1,330$966$689$483$335$100
30 years$1,272$912$641$444$303$86
31 years$1,218$862$598$408$274$74
32 years$1,167$816$558$375$248$64
33 years$1,119$773$521$344$224$55
34 years$1,074$732$487$317$203$47
35 years$1,032$695$455$292$184$40
36 years$993$659$426$269$167$35
37 years$955$626$398$248$151$30
38 years$920$595$373$228$137$26
39 years$886$566$350$210$124$22
40 years$854$538$328$194$113$19
41 years$824$512$307$179$102$16
42 years$796$488$288$165$93$14
43 years$768$465$270$153$84$12
44 years$743$443$254$141$76$10
45 years$718$423$238$130$69$9
46 years$694$403$224$120$63$8
47 years$672$385$210$111$57$7
48 years$650$367$198$103$52$6
49 years$630$351$186$95$47$5
50 years$610$335$175$88$43$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $625,000, adding $6,588 every year, while hoping to spend $22,788 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: 80/6/14 Blend
29$625,000$625,000$625,000$625,000
30$695,546$662,421$652,733$748,723
31$742,245$670,633$650,353$792,836
32$792,944$678,484$647,130$837,628
33$848,026$685,932$643,011$886,132
34$907,915$692,932$637,942$938,709
35$973,073$699,437$631,864$995,757
36$1,044,013$705,396$624,718$1,057,717
37$1,121,297$710,755$616,441$1,125,070
38$1,205,545$715,457$606,967$1,198,349
39$1,297,436$719,440$596,226$1,278,142
40$1,397,722$722,640$584,146$1,365,095
41$1,507,227$724,987$570,653$1,459,920
42$1,626,860$726,407$555,666$1,563,402
43$1,757,621$726,823$539,102$1,676,407
44$1,900,612$726,150$520,875$1,799,887
45$2,057,045$724,302$500,895$1,934,893
46$2,228,255$721,185$479,067$2,082,582
47$2,415,712$716,698$455,291$2,244,230
48$2,621,036$710,737$429,464$2,421,243
49$2,846,008$703,190$401,478$2,615,170
50$3,092,593$693,938$371,219$2,827,718
51$3,362,953$682,857$338,570$3,060,769
52$3,659,469$669,812$303,408$3,316,396
53$3,984,765$654,663$265,602$3,596,884
54$4,341,730$637,260$225,019$3,904,752
55$4,733,547$617,447$181,518$4,242,776
56$5,163,722$595,054$134,951$4,614,014
57$5,636,116$569,906$85,166$5,021,838
58$6,154,984$541,816$32,003$5,469,964
59$6,725,011$510,584$0$5,962,487
60$7,351,362$476,002$0$6,507,614
61$8,039,722$437,847$0$7,111,968
62$8,796,359$395,887$0$7,776,270
63$9,628,175$349,873$0$8,506,593
64$10,542,776$299,544$0$9,309,623
65$11,548,541$244,623$0$10,192,731
66$12,654,702$184,819$0$11,164,036
67$13,871,429$119,823$0$12,232,487
68$15,209,930$49,310$0$13,407,942
69$16,682,552$0$0$14,701,265
70$18,302,900$0$0$16,126,214
71$20,085,963$0$0$17,697,859
72$22,048,258$0$0$19,427,506
73$24,207,983$0$0$21,331,196
74$26,585,190$0$0$23,426,610
75$29,201,974$0$0$25,733,223
76$32,082,680$0$0$28,272,500
77$35,254,135$0$0$31,068,089
78$38,745,897$0$0$34,146,050
79$42,590,538$0$0$37,535,097
80$46,823,948$0$0$41,266,871
81$51,485,675$0$0$45,376,236
82$56,619,297$0$0$49,901,611
83$62,272,834$0$0$54,885,330
84$68,499,201$0$0$60,374,041
85$75,356,705$0$0$66,419,148
86$82,909,597$0$0$73,077,296
87$91,228,680$0$0$80,410,901
88$100,391,972$0$0$88,488,746
89$110,485,446$0$0$97,386,622
90$121,603,839$0$0$107,188,051
91$133,851,547$0$0$117,985,067
92$147,343,612$0$0$129,879,090
93$162,206,802$0$0$142,981,879
94$178,580,813$0$0$157,416,588
95$196,619,584$0$0$173,318,931
96$216,492,751$0$0$190,838,457
97$238,387,247$0$0$210,139,965
98$262,509,066$0$0$231,405,061
99$289,085,211$0$0$254,833,868
100$318,365,829$0$0$280,646,916