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%14.1%
1 years$52,025$51,561$51,109$50,668$50,237$49,385
2 years$25,755$25,275$24,810$24,360$23,922$23,066
3 years$16,999$16,518$16,054$15,607$15,177$14,344
4 years$12,622$12,142$11,683$11,244$10,825$10,021
5 years$9,997$9,520$9,067$8,637$8,229$7,456
6 years$8,247$7,773$7,327$6,907$6,511$5,771
7 years$6,998$6,528$6,089$5,678$5,295$4,588
8 years$6,061$5,596$5,164$4,764$4,393$3,718
9 years$5,333$4,872$4,448$4,057$3,699$3,057
10 years$4,751$4,295$3,878$3,498$3,152$2,541
11 years$4,275$3,823$3,414$3,044$2,711$2,131
12 years$3,879$3,432$3,030$2,670$2,349$1,800
13 years$3,544$3,101$2,707$2,357$2,049$1,529
14 years$3,257$2,819$2,432$2,092$1,796$1,304
15 years$3,008$2,575$2,196$1,866$1,581$1,117
16 years$2,791$2,363$1,991$1,671$1,397$960
17 years$2,600$2,176$1,812$1,501$1,239$827
18 years$2,430$2,011$1,654$1,353$1,102$715
19 years$2,278$1,863$1,514$1,222$982$619
20 years$2,141$1,732$1,389$1,107$877$536
21 years$2,018$1,613$1,278$1,005$785$465
22 years$1,906$1,506$1,178$914$704$405
23 years$1,804$1,408$1,088$832$632$352
24 years$1,710$1,319$1,006$759$568$307
25 years$1,624$1,238$932$693$511$267
26 years$1,545$1,164$864$634$460$233
27 years$1,472$1,095$802$580$415$204
28 years$1,404$1,032$746$531$374$178
29 years$1,341$973$694$487$338$155
30 years$1,282$919$646$447$305$136
31 years$1,228$869$603$411$276$119
32 years$1,176$822$562$378$250$104
33 years$1,128$779$525$347$226$91
34 years$1,083$738$491$319$205$79
35 years$1,041$700$459$294$185$70
36 years$1,001$664$429$271$168$61
37 years$963$631$402$250$152$53
38 years$927$600$376$230$138$47
39 years$893$570$352$212$125$41
40 years$861$543$330$196$114$36
41 years$831$517$310$180$103$31
42 years$802$492$290$167$93$27
43 years$775$469$273$154$85$24
44 years$749$447$256$142$77$21
45 years$724$426$240$131$70$18
46 years$700$406$226$121$63$16
47 years$677$388$212$112$58$14
48 years$656$370$199$103$52$12
49 years$635$354$187$96$48$11
50 years$615$338$176$88$43$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $630,000, adding $4,750 every year, while hoping to spend $30,774 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: 68/23/9 Blend
29$630,000$630,000$630,000$630,000
30$699,160$665,770$656,005$745,161
31$737,731$665,649$645,237$776,183
32$779,204$664,491$633,078$805,937
33$823,845$662,213$619,448$837,660
34$871,941$658,725$604,263$871,540
35$923,811$653,934$587,438$907,783
36$979,804$647,742$568,882$946,619
37$1,040,304$640,041$548,499$988,302
38$1,105,732$630,720$526,191$1,033,112
39$1,176,553$619,662$501,855$1,081,358
40$1,253,276$606,739$475,381$1,133,381
41$1,336,460$591,820$446,657$1,189,559
42$1,426,724$574,764$415,564$1,250,309
43$1,524,743$555,421$381,979$1,316,091
44$1,631,264$533,633$345,772$1,387,414
45$1,747,106$509,235$306,809$1,464,840
46$1,873,172$482,048$264,949$1,548,989
47$2,010,454$451,888$220,043$1,640,547
48$2,160,045$418,555$171,939$1,740,270
49$2,323,147$381,841$120,477$1,848,993
50$2,501,083$341,526$65,487$1,967,640
51$2,695,309$297,377$6,797$2,097,230
52$2,907,428$249,146$0$2,238,887
53$3,139,205$196,573$0$2,399,215
54$3,392,583$139,384$0$2,575,269
55$3,669,700$77,288$0$2,767,928
56$3,972,912$9,977$0$2,978,882
57$4,304,812$0$0$3,209,998
58$4,668,256$0$0$3,479,244
59$5,066,388$0$0$3,776,991
60$5,502,672$0$0$4,103,309
61$5,980,921$0$0$4,461,054
62$6,505,337$0$0$4,853,375
63$7,080,545$0$0$5,283,737
64$7,711,642$0$0$5,755,958
65$8,404,241$0$0$6,274,245
66$9,164,524$0$0$6,843,228
67$9,999,302$0$0$7,468,012
68$10,916,078$0$0$8,154,217
69$11,923,115$0$0$8,908,036
70$13,029,518$0$0$9,736,291
71$14,245,317$0$0$10,646,495
72$15,581,561$0$0$11,646,929
73$17,050,424$0$0$12,746,714
74$18,665,316$0$0$13,955,899
75$20,441,014$0$0$15,285,555
76$22,393,795$0$0$16,747,879
77$24,541,596$0$0$18,356,312
78$26,904,177$0$0$20,125,659
79$29,503,310$0$0$22,072,235
80$32,362,985$0$0$24,214,015
81$35,509,632$0$0$26,570,804
82$38,972,374$0$0$29,164,426
83$42,783,299$0$0$32,018,924
84$46,977,765$0$0$35,160,792
85$51,594,730$0$0$38,619,223
86$56,677,120$0$0$42,426,383
87$62,272,234$0$0$46,617,715
88$68,432,193$0$0$51,232,274
89$75,214,426$0$0$56,313,093
90$82,682,215$0$0$61,907,593
91$90,905,289$0$0$68,068,025
92$99,960,485$0$0$74,851,965
93$109,932,472$0$0$82,322,858
94$120,914,546$0$0$90,550,617
95$133,009,514$0$0$99,612,278
96$146,330,661$0$0$109,592,731
97$161,002,822$0$0$120,585,521
98$177,163,556$0$0$132,693,726
99$194,964,446$0$0$146,030,936
100$214,572,528$0$0$160,722,319