Can I retire at age 30 with 625,000?

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 $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%14.2%
1 years$51,612$51,152$50,704$50,266$49,838$48,972
2 years$25,550$25,075$24,613$24,166$23,733$22,863
3 years$16,864$16,387$15,927$15,484$15,057$14,211
4 years$12,522$12,046$11,590$11,155$10,739$9,922
5 years$9,918$9,444$8,995$8,568$8,163$7,379
6 years$8,182$7,712$7,269$6,852$6,459$5,709
7 years$6,942$6,476$6,041$5,633$5,253$4,536
8 years$6,013$5,551$5,123$4,726$4,358$3,674
9 years$5,291$4,834$4,412$4,025$3,670$3,019
10 years$4,714$4,261$3,847$3,470$3,127$2,508
11 years$4,241$3,793$3,387$3,020$2,689$2,102
12 years$3,848$3,404$3,006$2,649$2,331$1,774
13 years$3,516$3,076$2,685$2,338$2,032$1,506
14 years$3,231$2,796$2,413$2,076$1,782$1,284
15 years$2,984$2,555$2,178$1,851$1,569$1,099
16 years$2,769$2,344$1,975$1,658$1,386$944
17 years$2,579$2,159$1,797$1,489$1,229$813
18 years$2,410$1,995$1,641$1,342$1,093$701
19 years$2,260$1,849$1,502$1,213$974$607
20 years$2,124$1,718$1,378$1,098$870$525
21 years$2,002$1,600$1,268$997$779$456
22 years$1,891$1,494$1,168$906$698$396
23 years$1,789$1,397$1,079$825$627$344
24 years$1,697$1,309$998$753$563$300
25 years$1,611$1,228$924$688$507$261
26 years$1,533$1,154$857$629$456$227
27 years$1,460$1,086$796$575$412$198
28 years$1,393$1,024$740$527$371$173
29 years$1,330$966$689$483$335$151
30 years$1,272$912$641$444$303$132
31 years$1,218$862$598$408$274$115
32 years$1,167$816$558$375$248$101
33 years$1,119$773$521$344$224$88
34 years$1,074$732$487$317$203$77
35 years$1,032$695$455$292$184$67
36 years$993$659$426$269$167$59
37 years$955$626$398$248$151$51
38 years$920$595$373$228$137$45
39 years$886$566$350$210$124$39
40 years$854$538$328$194$113$34
41 years$824$512$307$179$102$30
42 years$796$488$288$165$93$26
43 years$768$465$270$153$84$23
44 years$743$443$254$141$76$20
45 years$718$423$238$130$69$18
46 years$694$403$224$120$63$16
47 years$672$385$210$111$57$14
48 years$650$367$198$103$52$12
49 years$630$351$186$95$47$10
50 years$610$335$175$88$43$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $625,000, adding $2,435 every year, while hoping to spend $27,263 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: 60/11/29 Blend
29$625,000$625,000$625,000$625,000
30$691,262$658,137$648,449$727,163
31$732,763$661,378$641,165$755,199
32$777,583$663,864$632,722$782,661
33$826,033$665,529$623,055$812,062
34$878,452$666,304$612,091$843,599
35$935,215$666,114$599,757$877,489
36$996,734$664,880$585,975$913,971
37$1,063,460$662,519$570,665$953,311
38$1,135,892$658,942$553,742$995,802
39$1,214,577$654,054$535,116$1,041,768
40$1,300,117$647,755$514,695$1,091,569
41$1,393,173$639,940$492,382$1,145,601
42$1,494,476$630,495$468,075$1,204,303
43$1,604,826$619,303$441,669$1,268,158
44$1,725,106$606,237$413,053$1,337,704
45$1,856,287$591,163$382,110$1,413,532
46$1,999,438$573,939$348,721$1,496,296
47$2,155,735$554,417$312,758$1,586,720
48$2,326,474$532,437$274,089$1,685,601
49$2,513,080$507,833$232,577$1,793,822
50$2,717,123$480,425$188,077$1,912,358
51$2,940,331$450,028$140,439$2,042,283
52$3,184,608$416,442$89,507$2,184,788
53$3,452,048$379,458$35,115$2,341,183
54$3,744,959$338,853$0$2,512,919
55$4,065,883$294,395$0$2,708,690
56$4,417,617$245,834$0$2,935,223
57$4,803,244$192,910$0$3,183,650
58$5,226,158$135,347$0$3,456,181
59$5,690,099$72,851$0$3,755,256
60$6,199,184$5,116$0$4,083,560
61$6,757,950$0$0$4,444,056
62$7,371,392$0$0$4,848,261
63$8,045,017$0$0$5,292,851
64$8,784,885$0$0$5,781,217
65$9,597,678$0$0$6,317,774
66$10,490,753$0$0$6,907,387
67$11,472,216$0$0$7,555,413
68$12,550,997$0$0$8,267,758
69$13,736,935$0$0$9,050,925
70$15,040,870$0$0$9,912,081
71$16,474,743$0$0$10,859,120
72$18,051,712$0$0$11,900,741
73$19,786,273$0$0$13,046,529
74$21,694,398$0$0$14,307,042
75$23,793,684$0$0$15,693,916
76$26,103,521$0$0$17,219,968
77$28,645,271$0$0$18,899,324
78$31,442,475$0$0$20,747,545
79$34,521,069$0$0$22,781,781
80$37,909,629$0$0$25,020,926
81$41,639,647$0$0$27,485,799
82$45,745,818$0$0$30,199,340
83$50,266,375$0$0$33,186,826
84$55,243,445$0$0$36,476,112
85$60,723,448$0$0$40,097,888
86$66,757,535$0$0$44,085,974
87$73,402,067$0$0$48,477,634
88$80,719,152$0$0$53,313,933
89$88,777,228$0$0$58,640,119
90$97,651,706$0$0$64,506,053
91$107,425,685$0$0$70,966,679
92$118,190,736$0$0$78,082,540
93$130,047,762$0$0$85,920,353
94$143,107,955$0$0$94,553,635
95$157,493,840$0$0$104,063,397
96$173,340,434$0$0$114,538,912
97$190,796,522$0$0$126,078,553
98$210,026,054$0$0$138,790,722
99$231,209,699$0$0$152,794,876
100$254,546,547$0$0$168,222,649