Can I retire at age 30 with 630,000?

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 $630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$52,025$51,561$51,109$50,668$50,237$49,775
2 years$25,755$25,275$24,810$24,360$23,922$23,456
3 years$16,999$16,518$16,054$15,607$15,177$14,722
4 years$12,622$12,142$11,683$11,244$10,825$10,384
5 years$9,997$9,520$9,067$8,637$8,229$7,804
6 years$8,247$7,773$7,327$6,907$6,511$6,103
7 years$6,998$6,528$6,089$5,678$5,295$4,903
8 years$6,061$5,596$5,164$4,764$4,393$4,017
9 years$5,333$4,872$4,448$4,057$3,699$3,340
10 years$4,751$4,295$3,878$3,498$3,152$2,809
11 years$4,275$3,823$3,414$3,044$2,711$2,384
12 years$3,879$3,432$3,030$2,670$2,349$2,038
13 years$3,544$3,101$2,707$2,357$2,049$1,752
14 years$3,257$2,819$2,432$2,092$1,796$1,514
15 years$3,008$2,575$2,196$1,866$1,581$1,314
16 years$2,791$2,363$1,991$1,671$1,397$1,144
17 years$2,600$2,176$1,812$1,501$1,239$999
18 years$2,430$2,011$1,654$1,353$1,102$875
19 years$2,278$1,863$1,514$1,222$982$768
20 years$2,141$1,732$1,389$1,107$877$675
21 years$2,018$1,613$1,278$1,005$785$594
22 years$1,906$1,506$1,178$914$704$524
23 years$1,804$1,408$1,088$832$632$463
24 years$1,710$1,319$1,006$759$568$409
25 years$1,624$1,238$932$693$511$362
26 years$1,545$1,164$864$634$460$321
27 years$1,472$1,095$802$580$415$284
28 years$1,404$1,032$746$531$374$252
29 years$1,341$973$694$487$338$223
30 years$1,282$919$646$447$305$198
31 years$1,228$869$603$411$276$176
32 years$1,176$822$562$378$250$157
33 years$1,128$779$525$347$226$139
34 years$1,083$738$491$319$205$124
35 years$1,041$700$459$294$185$110
36 years$1,001$664$429$271$168$98
37 years$963$631$402$250$152$87
38 years$927$600$376$230$138$77
39 years$893$570$352$212$125$69
40 years$861$543$330$196$114$61
41 years$831$517$310$180$103$55
42 years$802$492$290$167$93$49
43 years$775$469$273$154$85$43
44 years$749$447$256$142$77$39
45 years$724$426$240$131$70$34
46 years$700$406$226$121$63$31
47 years$677$388$212$112$58$27
48 years$656$370$199$103$52$24
49 years$635$354$187$96$48$22
50 years$615$338$176$88$43$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $630,000, adding $4,519 every year, while hoping to spend $26,352 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: 40/39/21 Blend
29$630,000$630,000$630,000$630,000
30$698,921$665,531$655,766$722,372
31$742,173$670,104$649,696$744,180
32$788,953$674,018$642,539$764,908
33$839,594$677,212$634,232$786,795
34$894,460$679,623$624,706$809,962
35$953,953$681,183$613,893$834,543
36$1,018,515$681,819$601,716$860,686
37$1,088,631$681,456$588,101$888,558
38$1,164,835$680,010$572,966$918,344
39$1,247,714$677,397$556,226$950,248
40$1,337,914$673,523$537,794$984,499
41$1,436,148$668,293$517,576$1,021,351
42$1,543,197$661,601$495,477$1,061,085
43$1,659,923$653,339$471,396$1,104,015
44$1,787,274$643,391$445,226$1,150,487
45$1,926,293$631,634$416,857$1,200,888
46$2,078,128$617,937$386,175$1,255,645
47$2,244,043$602,163$353,059$1,315,234
48$2,425,432$584,165$317,383$1,380,181
49$2,623,826$563,789$279,015$1,451,070
50$2,840,912$540,871$237,818$1,528,548
51$3,078,549$515,238$193,649$1,613,332
52$3,338,783$486,706$146,358$1,706,217
53$3,623,867$455,083$95,789$1,808,083
54$3,936,282$420,162$41,778$1,919,903
55$4,278,761$381,728$0$2,042,759
56$4,654,313$339,552$0$2,181,398
57$5,066,254$293,391$0$2,343,808
58$5,518,235$242,990$0$2,522,125
59$6,014,277$188,079$0$2,718,010
60$6,558,811$128,372$0$2,933,298
61$7,156,717$63,569$0$3,170,017
62$7,813,369$0$0$3,430,407
63$8,534,690$0$0$3,719,792
64$9,327,203$0$0$4,067,799
65$10,198,094$0$0$4,450,314
66$11,155,281$0$0$4,870,824
67$12,207,486$0$0$5,333,174
68$13,364,319$0$0$5,841,597
69$14,636,366$0$0$6,400,759
70$16,035,292$0$0$7,015,801
71$17,573,947$0$0$7,692,385
72$19,266,492$0$0$8,436,751
73$21,128,526$0$0$9,255,774
74$23,177,239$0$0$10,157,030
75$25,431,569$0$0$11,148,864
76$27,912,384$0$0$12,240,474
77$30,642,676$0$0$13,441,993
78$33,647,779$0$0$14,764,585
79$36,955,608$0$0$16,220,555
80$40,596,923$0$0$17,823,458
81$44,605,614$0$0$19,588,231
82$49,019,028$0$0$21,531,336
83$53,878,315$0$0$23,670,907
84$59,228,818$0$0$26,026,932
85$65,120,503$0$0$28,621,431
86$71,608,425$0$0$31,478,671
87$78,753,253$0$0$34,625,392
88$86,621,838$0$0$38,091,059
89$95,287,844$0$0$41,908,141
90$104,832,446$0$0$46,112,418
91$115,345,093$0$0$50,743,314
92$126,924,352$0$0$55,844,276
93$139,678,837$0$0$61,463,178
94$153,728,239$0$0$67,652,776
95$169,204,448$0$0$74,471,204
96$186,252,801$0$0$81,982,523
97$205,033,456$0$0$90,257,328
98$225,722,898$0$0$99,373,409
99$248,515,608$0$0$109,416,491
100$273,625,898$0$0$120,481,037