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%17.1%
1 years$51,612$51,152$50,704$50,266$49,838$48,398
2 years$25,550$25,075$24,613$24,166$23,733$22,293
3 years$16,864$16,387$15,927$15,484$15,057$13,663
4 years$12,522$12,046$11,590$11,155$10,739$9,401
5 years$9,918$9,444$8,995$8,568$8,163$6,886
6 years$8,182$7,712$7,269$6,852$6,459$5,244
7 years$6,942$6,476$6,041$5,633$5,253$4,099
8 years$6,013$5,551$5,123$4,726$4,358$3,264
9 years$5,291$4,834$4,412$4,025$3,670$2,636
10 years$4,714$4,261$3,847$3,470$3,127$2,151
11 years$4,241$3,793$3,387$3,020$2,689$1,769
12 years$3,848$3,404$3,006$2,649$2,331$1,465
13 years$3,516$3,076$2,685$2,338$2,032$1,220
14 years$3,231$2,796$2,413$2,076$1,782$1,020
15 years$2,984$2,555$2,178$1,851$1,569$855
16 years$2,769$2,344$1,975$1,658$1,386$720
17 years$2,579$2,159$1,797$1,489$1,229$607
18 years$2,410$1,995$1,641$1,342$1,093$513
19 years$2,260$1,849$1,502$1,213$974$434
20 years$2,124$1,718$1,378$1,098$870$368
21 years$2,002$1,600$1,268$997$779$312
22 years$1,891$1,494$1,168$906$698$265
23 years$1,789$1,397$1,079$825$627$225
24 years$1,697$1,309$998$753$563$192
25 years$1,611$1,228$924$688$507$163
26 years$1,533$1,154$857$629$456$139
27 years$1,460$1,086$796$575$412$118
28 years$1,393$1,024$740$527$371$101
29 years$1,330$966$689$483$335$86
30 years$1,272$912$641$444$303$73
31 years$1,218$862$598$408$274$62
32 years$1,167$816$558$375$248$53
33 years$1,119$773$521$344$224$45
34 years$1,074$732$487$317$203$39
35 years$1,032$695$455$292$184$33
36 years$993$659$426$269$167$28
37 years$955$626$398$248$151$24
38 years$920$595$373$228$137$21
39 years$886$566$350$210$124$18
40 years$854$538$328$194$113$15
41 years$824$512$307$179$102$13
42 years$796$488$288$165$93$11
43 years$768$465$270$153$84$9
44 years$743$443$254$141$76$8
45 years$718$423$238$130$69$7
46 years$694$403$224$120$63$6
47 years$672$385$210$111$57$5
48 years$650$367$198$103$52$4
49 years$630$351$186$95$47$4
50 years$610$335$175$88$43$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $625,000, adding $5,793 every year, while hoping to spend $33,391 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: 56/37/7 Blend
29$625,000$625,000$625,000$625,000
30$694,725$661,600$651,913$732,215
31$730,060$658,491$638,224$755,044
32$767,879$654,110$622,958$775,665
33$808,401$648,360$606,026$797,305
34$851,866$641,138$587,336$820,065
35$898,536$632,334$566,791$844,058
36$948,700$621,831$544,291$869,409
37$1,002,673$609,506$519,731$896,258
38$1,060,804$595,230$493,000$924,761
39$1,123,473$578,864$463,983$955,092
40$1,191,101$560,261$432,560$987,444
41$1,264,147$539,268$398,604$1,022,033
42$1,343,117$515,720$361,985$1,059,096
43$1,428,569$489,444$322,565$1,098,902
44$1,521,113$460,256$280,201$1,141,745
45$1,621,421$427,964$234,743$1,187,955
46$1,730,234$392,361$186,034$1,237,897
47$1,848,363$353,232$133,911$1,291,978
48$1,976,703$310,348$78,205$1,350,647
49$2,116,238$263,466$18,735$1,414,405
50$2,268,049$212,331$0$1,483,808
51$2,433,328$156,673$0$1,562,812
52$2,613,385$96,207$0$1,650,471
53$2,809,660$30,632$0$1,746,156
54$3,023,742$0$0$1,850,723
55$3,257,376$0$0$1,981,557
56$3,512,485$0$0$2,138,088
57$3,791,185$0$0$2,309,149
58$4,095,806$0$0$2,496,177
59$4,428,913$0$0$2,700,754
60$4,793,329$0$0$2,924,621
61$5,192,165$0$0$3,169,698
62$5,628,845$0$0$3,438,095
63$6,107,139$0$0$3,732,140
64$6,631,200$0$0$4,054,392
65$7,205,601$0$0$4,407,674
66$7,835,378$0$0$4,795,092
67$8,526,079$0$0$5,220,069
68$9,283,814$0$0$5,686,373
69$10,115,312$0$0$6,198,157
70$11,027,985$0$0$6,759,994
71$12,030,001$0$0$7,376,921
72$13,130,352$0$0$8,054,489
73$14,338,948$0$0$8,798,809
74$15,666,704$0$0$9,616,617
75$17,125,644$0$0$10,515,332
76$18,729,015$0$0$11,503,128
77$20,491,412$0$0$12,589,008
78$22,428,912$0$0$13,782,894
79$24,559,230$0$0$15,095,715
80$26,901,881$0$0$16,539,513
81$29,478,367$0$0$18,127,555
82$32,312,378$0$0$19,874,460
83$35,430,016$0$0$21,796,333
84$38,860,039$0$0$23,910,919
85$42,634,133$0$0$26,237,771
86$46,787,212$0$0$28,798,432
87$51,357,743$0$0$31,616,639
88$56,388,112$0$0$34,718,547
89$61,925,024$0$0$38,132,976
90$68,019,938$0$0$41,891,680
91$74,729,558$0$0$46,029,650
92$82,116,365$0$0$50,585,441
93$90,249,203$0$0$55,601,537
94$99,203,937$0$0$61,124,751
95$109,064,156$0$0$67,206,666
96$119,921,972$0$0$73,904,123
97$131,878,884$0$0$81,279,755
98$145,046,734$0$0$89,402,580
99$159,548,765$0$0$98,348,651
100$175,520,782$0$0$108,201,772