Can I retire at age 30 with 633,000?

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 $633,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$52,273$51,807$51,353$50,909$50,476$48,861
2 years$25,877$25,396$24,928$24,476$24,036$22,423
3 years$17,080$16,596$16,130$15,682$15,250$13,690
4 years$12,683$12,200$11,739$11,298$10,876$9,382
5 years$10,045$9,565$9,110$8,678$8,268$6,843
6 years$8,287$7,811$7,362$6,940$6,542$5,188
7 years$7,031$6,559$6,118$5,706$5,320$4,037
8 years$6,090$5,622$5,188$4,786$4,414$3,200
9 years$5,359$4,895$4,469$4,077$3,717$2,571
10 years$4,774$4,315$3,896$3,514$3,167$2,088
11 years$4,296$3,841$3,430$3,058$2,724$1,709
12 years$3,897$3,448$3,044$2,683$2,360$1,408
13 years$3,561$3,116$2,720$2,368$2,058$1,165
14 years$3,272$2,832$2,444$2,102$1,804$969
15 years$3,023$2,587$2,206$1,875$1,589$808
16 years$2,804$2,374$2,000$1,679$1,404$676
17 years$2,612$2,186$1,820$1,508$1,245$567
18 years$2,441$2,020$1,662$1,359$1,107$476
19 years$2,289$1,872$1,521$1,228$987$400
20 years$2,151$1,740$1,396$1,112$881$337
21 years$2,027$1,621$1,284$1,010$789$284
22 years$1,915$1,513$1,183$918$707$240
23 years$1,812$1,415$1,093$836$635$203
24 years$1,718$1,326$1,011$763$570$171
25 years$1,632$1,244$936$696$513$145
26 years$1,552$1,169$868$637$462$123
27 years$1,479$1,100$806$583$417$104
28 years$1,411$1,037$749$534$376$88
29 years$1,348$978$697$490$340$74
30 years$1,289$924$650$449$307$63
31 years$1,233$873$606$413$277$53
32 years$1,182$826$565$379$251$45
33 years$1,134$782$528$349$227$38
34 years$1,088$742$493$321$206$33
35 years$1,046$703$461$295$186$28
36 years$1,005$668$431$272$169$23
37 years$967$634$403$251$153$20
38 years$932$603$378$231$139$17
39 years$898$573$354$213$126$14
40 years$865$545$332$197$114$12
41 years$835$519$311$181$103$10
42 years$806$494$292$167$94$9
43 years$778$471$274$154$85$7
44 years$752$449$257$143$77$6
45 years$727$428$241$132$70$5
46 years$703$408$227$122$64$4
47 years$680$390$213$112$58$4
48 years$659$372$200$104$53$3
49 years$638$355$188$96$48$3
50 years$618$339$177$89$43$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $633,000, adding $6,185 every year, while hoping to spend $31,331 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: 35/48/17 Blend
29$633,000$633,000$633,000$633,000
30$703,946$670,397$660,585$724,718
31$742,412$669,910$649,379$739,918
32$783,752$668,350$636,747$752,926
33$828,226$665,630$622,609$766,296
34$876,119$661,659$606,880$780,078
35$927,744$656,342$589,471$794,329
36$983,446$649,575$570,291$809,113
37$1,043,603$641,250$549,242$824,506
38$1,108,632$631,252$526,223$840,591
39$1,178,989$619,460$501,128$857,466
40$1,255,177$605,745$473,846$875,239
41$1,337,747$589,969$444,263$894,036
42$1,427,308$571,988$412,256$913,995
43$1,524,527$551,649$377,700$935,276
44$1,630,139$528,790$340,463$958,057
45$1,744,952$503,239$300,407$982,539
46$1,869,855$474,815$257,389$1,008,949
47$2,005,825$443,326$211,256$1,037,542
48$2,153,940$408,570$161,854$1,068,601
49$2,315,383$370,332$109,018$1,102,448
50$2,491,459$328,384$52,576$1,139,442
51$2,683,601$282,488$0$1,179,984
52$2,893,389$232,391$0$1,225,911
53$3,122,562$177,825$0$1,286,604
54$3,373,032$118,508$0$1,353,113
55$3,646,908$54,141$0$1,426,100
56$3,946,509$0$0$1,506,300
57$4,274,388$0$0$1,602,765
58$4,633,360$0$0$1,739,776
59$5,026,520$0$0$1,889,927
60$5,457,281$0$0$2,054,535
61$5,929,397$0$0$2,235,044
62$6,447,007$0$0$2,433,051
63$7,014,667$0$0$2,650,310
64$7,637,395$0$0$2,888,756
65$8,320,720$0$0$3,150,519
66$9,070,729$0$0$3,437,946
67$9,894,130$0$0$3,753,622
68$10,798,311$0$0$4,100,394
69$11,791,409$0$0$4,481,400
70$12,882,392$0$0$4,900,096
71$14,081,135$0$0$5,360,289
72$15,398,519$0$0$5,866,174
73$16,846,532$0$0$6,422,372
74$18,438,378$0$0$7,033,974
75$20,188,608$0$0$7,706,590
76$22,113,252$0$0$8,446,400
77$24,229,969$0$0$9,260,213
78$26,558,218$0$0$10,155,532
79$29,119,437$0$0$11,140,623
80$31,937,248$0$0$12,224,594
81$35,037,675$0$0$13,417,481
82$38,449,396$0$0$14,730,340
83$42,204,005$0$0$16,175,355
84$46,336,316$0$0$17,765,952
85$50,884,689$0$0$19,516,922
86$55,891,392$0$0$21,444,564
87$61,402,997$0$0$23,566,838
88$67,470,822$0$0$25,903,535
89$74,151,414$0$0$28,476,461
90$81,507,081$0$0$31,309,644
91$89,606,481$0$0$34,429,562
92$98,525,269$0$0$37,865,391
93$108,346,810$0$0$41,649,282
94$119,162,964$0$0$45,816,660
95$131,074,957$0$0$50,406,564
96$144,194,331$0$0$55,462,011
97$158,643,996$0$0$61,030,404
98$174,559,396$0$0$67,163,979
99$192,089,779$0$0$73,920,294
100$211,399,608$0$0$81,362,780