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%16.4%
1 years$51,612$51,152$50,704$50,266$49,838$48,535
2 years$25,550$25,075$24,613$24,166$23,733$22,428
3 years$16,864$16,387$15,927$15,484$15,057$13,793
4 years$12,522$12,046$11,590$11,155$10,739$9,524
5 years$9,918$9,444$8,995$8,568$8,163$7,002
6 years$8,182$7,712$7,269$6,852$6,459$5,352
7 years$6,942$6,476$6,041$5,633$5,253$4,200
8 years$6,013$5,551$5,123$4,726$4,358$3,359
9 years$5,291$4,834$4,412$4,025$3,670$2,723
10 years$4,714$4,261$3,847$3,470$3,127$2,232
11 years$4,241$3,793$3,387$3,020$2,689$1,845
12 years$3,848$3,404$3,006$2,649$2,331$1,535
13 years$3,516$3,076$2,685$2,338$2,032$1,284
14 years$3,231$2,796$2,413$2,076$1,782$1,078
15 years$2,984$2,555$2,178$1,851$1,569$909
16 years$2,769$2,344$1,975$1,658$1,386$769
17 years$2,579$2,159$1,797$1,489$1,229$651
18 years$2,410$1,995$1,641$1,342$1,093$553
19 years$2,260$1,849$1,502$1,213$974$471
20 years$2,124$1,718$1,378$1,098$870$401
21 years$2,002$1,600$1,268$997$779$342
22 years$1,891$1,494$1,168$906$698$292
23 years$1,789$1,397$1,079$825$627$250
24 years$1,697$1,309$998$753$563$214
25 years$1,611$1,228$924$688$507$183
26 years$1,533$1,154$857$629$456$157
27 years$1,460$1,086$796$575$412$134
28 years$1,393$1,024$740$527$371$115
29 years$1,330$966$689$483$335$99
30 years$1,272$912$641$444$303$85
31 years$1,218$862$598$408$274$72
32 years$1,167$816$558$375$248$62
33 years$1,119$773$521$344$224$53
34 years$1,074$732$487$317$203$46
35 years$1,032$695$455$292$184$39
36 years$993$659$426$269$167$34
37 years$955$626$398$248$151$29
38 years$920$595$373$228$137$25
39 years$886$566$350$210$124$21
40 years$854$538$328$194$113$18
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$7
47 years$672$385$210$111$57$6
48 years$650$367$198$103$52$5
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 $5,809 every year, while hoping to spend $33,936 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: 62/33/5 Blend
29$625,000$625,000$625,000$625,000
30$694,742$661,617$651,929$736,910
31$729,498$657,929$637,661$762,056
32$766,662$652,922$621,778$784,986
33$806,443$646,497$604,189$809,129
34$849,072$638,547$584,801$834,598
35$894,800$628,959$563,515$861,524
36$943,906$617,614$540,229$890,049
37$996,692$604,384$514,834$920,330
38$1,053,492$589,136$487,218$952,544
39$1,114,672$571,728$457,265$986,885
40$1,180,635$552,010$424,850$1,023,571
41$1,251,823$529,821$389,845$1,062,841
42$1,328,721$504,995$352,117$1,104,963
43$1,411,863$477,352$311,525$1,150,232
44$1,501,835$446,704$267,923$1,198,976
45$1,599,282$412,852$221,158$1,251,558
46$1,704,913$375,586$171,071$1,308,383
47$1,819,506$334,682$117,495$1,369,897
48$1,943,921$289,907$60,256$1,436,596
49$2,079,098$241,010$0$1,509,027
50$2,226,076$187,729$0$1,587,845
51$2,385,996$129,787$0$1,677,111
52$2,560,112$66,892$0$1,774,364
53$2,749,807$0$0$1,880,440
54$2,956,600$0$0$1,996,726
55$3,182,165$0$0$2,150,106
56$3,428,343$0$0$2,317,546
57$3,697,162$0$0$2,500,432
58$3,990,853$0$0$2,700,286
59$4,311,873$0$0$2,918,787
60$4,662,926$0$0$3,157,782
61$5,046,990$0$0$3,419,305
62$5,467,346$0$0$3,705,595
63$5,927,603$0$0$4,019,119
64$6,431,737$0$0$4,362,592
65$6,984,128$0$0$4,739,005
66$7,589,598$0$0$5,151,652
67$8,253,459$0$0$5,604,161
68$8,981,559$0$0$6,100,528
69$9,780,342$0$0$6,645,154
70$10,656,906$0$0$7,242,886
71$11,619,066$0$0$7,899,065
72$12,675,434$0$0$8,619,572
73$13,835,495$0$0$9,410,887
74$15,109,698$0$0$10,280,148
75$16,509,553$0$0$11,235,218
76$18,047,742$0$0$12,284,760
77$19,738,234$0$0$13,438,317
78$21,596,419$0$0$14,706,403
79$23,639,253$0$0$16,100,601
80$25,885,416$0$0$17,633,673
81$28,355,489$0$0$19,319,679
82$31,072,146$0$0$21,174,109
83$34,060,371$0$0$23,214,032
84$37,347,690$0$0$25,458,252
85$40,964,429$0$0$27,927,489
86$44,944,006$0$0$30,644,572
87$49,323,236$0$0$33,634,654
88$54,142,689$0$0$36,925,451
89$59,447,064$0$0$40,547,501
90$65,285,612$0$0$44,534,454
91$71,712,603$0$0$48,923,386
92$78,787,834$0$0$53,755,150
93$86,577,196$0$0$59,074,765
94$95,153,293$0$0$64,931,833
95$104,596,126$0$0$71,381,012
96$114,993,850$0$0$78,482,530
97$126,443,603$0$0$86,302,755
98$139,052,422$0$0$94,914,814
99$152,938,255$0$0$104,399,293
100$168,231,072$0$0$114,844,989