Can I retire at age 30 with 626,000?

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 $626,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$51,694$51,234$50,785$50,346$49,918$49,521
2 years$25,591$25,115$24,653$24,205$23,771$23,370
3 years$16,891$16,413$15,952$15,508$15,081$14,689
4 years$12,542$12,065$11,609$11,173$10,756$10,377
5 years$9,934$9,459$9,009$8,582$8,176$7,811
6 years$8,195$7,724$7,281$6,863$6,470$6,118
7 years$6,954$6,487$6,050$5,642$5,262$4,924
8 years$6,023$5,560$5,131$4,733$4,365$4,041
9 years$5,299$4,841$4,419$4,032$3,676$3,366
10 years$4,721$4,267$3,853$3,475$3,132$2,836
11 years$4,248$3,799$3,392$3,025$2,694$2,411
12 years$3,854$3,410$3,010$2,653$2,334$2,064
13 years$3,521$3,081$2,690$2,342$2,036$1,779
14 years$3,236$2,801$2,417$2,079$1,784$1,540
15 years$2,989$2,559$2,182$1,854$1,571$1,339
16 years$2,773$2,348$1,978$1,660$1,389$1,168
17 years$2,583$2,162$1,800$1,492$1,231$1,023
18 years$2,414$1,998$1,643$1,344$1,095$897
19 years$2,263$1,852$1,504$1,215$976$789
20 years$2,128$1,721$1,381$1,100$872$695
21 years$2,005$1,603$1,270$998$780$614
22 years$1,894$1,496$1,170$908$699$542
23 years$1,792$1,399$1,081$827$628$480
24 years$1,699$1,311$999$754$564$425
25 years$1,614$1,230$926$689$508$377
26 years$1,535$1,156$858$630$457$335
27 years$1,463$1,088$797$576$412$297
28 years$1,395$1,025$741$528$372$264
29 years$1,333$967$690$484$336$235
30 years$1,274$914$642$444$303$209
31 years$1,220$864$599$408$274$186
32 years$1,169$817$559$375$248$166
33 years$1,121$774$522$345$225$148
34 years$1,076$733$487$317$203$132
35 years$1,034$696$456$292$184$117
36 years$994$660$426$269$167$105
37 years$957$627$399$248$151$93
38 years$921$596$374$229$137$83
39 years$888$567$350$211$124$74
40 years$856$539$328$194$113$66
41 years$826$513$308$179$102$59
42 years$797$489$289$165$93$53
43 years$770$466$271$153$84$47
44 years$744$444$254$141$76$42
45 years$719$423$239$130$69$38
46 years$695$404$224$120$63$34
47 years$673$385$211$111$57$30
48 years$651$368$198$103$52$27
49 years$631$351$186$95$47$24
50 years$611$336$175$88$43$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $626,000, adding $3,843 every year, while hoping to spend $38,395 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: 40/42/18 Blend
29$626,000$626,000$626,000$626,000
30$693,816$660,638$650,935$717,724
31$723,733$652,157$631,889$726,653
32$755,415$641,974$610,919$732,318
33$789,001$629,965$587,918$737,642
34$824,644$615,998$562,778$742,615
35$862,510$599,934$535,384$747,228
36$902,782$581,626$505,615$751,474
37$945,658$560,919$473,345$755,349
38$991,358$537,646$438,445$758,853
39$1,040,121$511,635$400,777$761,987
40$1,092,208$482,700$360,198$764,761
41$1,147,907$450,646$316,558$767,187
42$1,207,532$415,266$269,702$769,284
43$1,271,429$376,343$219,465$771,078
44$1,339,976$333,645$165,679$772,602
45$1,413,590$286,930$108,165$773,899
46$1,492,725$235,939$46,738$775,023
47$1,577,884$180,400$0$776,038
48$1,669,614$120,026$0$780,637
49$1,768,521$54,514$0$795,113
50$1,875,268$0$0$810,632
51$1,990,583$0$0$834,971
52$2,115,267$0$0$888,594
53$2,250,202$0$0$946,692
54$2,396,353$0$0$1,009,692
55$2,554,786$0$0$1,078,061
56$2,726,670$0$0$1,152,313
57$2,913,292$0$0$1,233,013
58$3,116,067$0$0$1,320,785
59$3,336,552$0$0$1,416,312
60$3,576,460$0$0$1,520,349
61$3,837,676$0$0$1,633,724
62$4,122,272$0$0$1,757,349
63$4,432,532$0$0$1,892,230
64$4,770,967$0$0$2,039,470
65$5,140,341$0$0$2,200,288
66$5,543,697$0$0$2,376,022
67$5,984,386$0$0$2,568,147
68$6,466,094$0$0$2,778,286
69$6,992,883$0$0$3,008,227
70$7,569,222$0$0$3,259,939
71$8,200,035$0$0$3,535,590
72$8,890,741$0$0$3,837,565
73$9,647,310$0$0$4,168,494
74$10,476,315$0$0$4,531,272
75$11,384,995$0$0$4,929,087
76$12,381,324$0$0$5,365,452
77$13,474,082$0$0$5,844,235
78$14,672,942$0$0$6,369,696
79$15,988,558$0$0$6,946,528
80$17,432,665$0$0$7,579,901
81$19,018,189$0$0$8,275,511
82$20,759,369$0$0$9,039,630
83$22,671,891$0$0$9,879,170
84$24,773,034$0$0$10,801,745
85$27,081,836$0$0$11,815,741
86$29,619,267$0$0$12,930,400
87$32,408,431$0$0$14,155,901
88$35,474,782$0$0$15,503,462
89$38,846,362$0$0$16,985,439
90$42,554,068$0$0$18,615,448
91$46,631,939$0$0$20,408,488
92$51,117,480$0$0$22,381,088
93$56,052,012$0$0$24,551,458
94$61,481,064$0$0$26,939,661
95$67,454,799$0$0$29,567,806
96$74,028,488$0$0$32,460,251
97$81,263,034$0$0$35,643,836
98$89,225,537$0$0$39,148,135
99$97,989,936$0$0$43,005,734
100$107,637,702$0$0$47,252,540