Can I retire at age 30 with 635,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $635,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$52,438$51,971$51,515$51,070$50,636$48,704
2 years$25,959$25,476$25,007$24,553$24,112$22,188
3 years$17,134$16,649$16,181$15,731$15,298$13,443
4 years$12,723$12,239$11,776$11,334$10,911$9,138
5 years$10,076$9,595$9,139$8,705$8,294$6,609
6 years$8,313$7,835$7,385$6,962$6,563$4,967
7 years$7,053$6,580$6,137$5,724$5,337$3,830
8 years$6,110$5,640$5,205$4,801$4,428$3,007
9 years$5,376$4,911$4,483$4,090$3,729$2,393
10 years$4,789$4,329$3,908$3,525$3,177$1,923
11 years$4,309$3,854$3,441$3,068$2,732$1,558
12 years$3,910$3,459$3,054$2,691$2,368$1,270
13 years$3,572$3,126$2,728$2,376$2,065$1,040
14 years$3,283$2,841$2,451$2,109$1,810$855
15 years$3,032$2,595$2,213$1,881$1,594$705
16 years$2,813$2,381$2,007$1,684$1,409$583
17 years$2,620$2,193$1,826$1,513$1,249$483
18 years$2,449$2,027$1,667$1,364$1,110$401
19 years$2,296$1,878$1,526$1,232$990$333
20 years$2,158$1,745$1,400$1,116$884$277
21 years$2,034$1,626$1,288$1,013$791$231
22 years$1,921$1,517$1,187$921$709$192
23 years$1,818$1,419$1,096$839$637$160
24 years$1,724$1,330$1,014$765$572$134
25 years$1,637$1,248$939$699$515$112
26 years$1,557$1,173$871$639$464$93
27 years$1,484$1,104$809$585$418$78
28 years$1,415$1,040$752$536$377$65
29 years$1,352$981$700$491$341$55
30 years$1,293$927$652$451$308$46
31 years$1,237$876$607$414$278$38
32 years$1,186$829$567$381$252$32
33 years$1,137$785$529$350$228$27
34 years$1,092$744$494$322$206$22
35 years$1,049$706$462$296$187$19
36 years$1,009$670$432$273$169$16
37 years$970$636$405$251$153$13
38 years$934$605$379$232$139$11
39 years$900$575$355$214$126$9
40 years$868$547$333$197$114$8
41 years$838$521$312$182$104$6
42 years$808$496$293$168$94$5
43 years$781$472$275$155$85$4
44 years$754$450$258$143$78$4
45 years$729$429$242$132$70$3
46 years$705$410$227$122$64$3
47 years$683$391$214$113$58$2
48 years$661$373$201$104$53$2
49 years$640$356$189$96$48$2
50 years$620$340$177$89$44$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $635,000, adding $3,689 every year, while hoping to spend $22,522 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: 36/39/25 Blend
29$635,000$635,000$635,000$635,000
30$703,575$669,920$660,078$723,497
31$751,377$678,783$658,227$747,391
32$803,299$687,325$655,560$770,844
33$859,739$695,508$652,024$795,718
34$921,132$703,288$647,567$822,157
35$987,960$710,620$642,132$850,318
36$1,060,749$717,458$635,661$880,375
37$1,140,081$723,749$628,091$912,522
38$1,226,595$729,439$619,359$946,974
39$1,320,997$734,471$609,396$983,970
40$1,424,060$738,781$598,132$1,023,772
41$1,536,637$742,304$585,493$1,066,673
42$1,659,668$744,971$571,401$1,112,998
43$1,794,186$746,707$555,775$1,163,106
44$1,941,330$747,433$538,531$1,217,392
45$2,102,354$747,065$519,579$1,276,299
46$2,278,636$745,513$498,827$1,340,311
47$2,471,697$742,683$476,178$1,409,970
48$2,683,210$738,475$451,530$1,485,871
49$2,915,019$732,782$424,778$1,568,675
50$3,169,153$725,490$395,810$1,659,113
51$3,447,849$716,481$364,511$1,757,991
52$3,753,567$705,626$330,760$1,866,205
53$4,089,021$692,792$294,431$1,984,742
54$4,457,198$677,836$255,391$2,114,696
55$4,861,389$660,606$213,503$2,257,273
56$5,305,217$640,943$168,623$2,413,811
57$5,792,678$618,678$120,600$2,585,784
58$6,328,169$593,630$69,277$2,774,825
59$6,916,536$565,612$14,492$2,982,736
60$7,563,117$534,422$0$3,211,509
61$8,273,794$499,848$0$3,475,075
62$9,055,047$461,666$0$3,769,021
63$9,914,013$419,639$0$4,092,213
64$10,858,557$373,516$0$4,447,667
65$11,897,344$323,032$0$4,838,714
66$13,039,920$267,908$0$5,269,024
67$14,296,804$207,848$0$5,742,650
68$15,679,585$142,539$0$6,264,061
69$17,201,032$71,653$0$6,838,187
70$18,875,213$0$0$7,470,467
71$20,717,631$0$0$8,169,114
72$22,745,365$0$0$8,971,982
73$24,977,236$0$0$9,855,786
74$27,433,981$0$0$10,828,751
75$30,138,449$0$0$11,899,939
76$33,115,819$0$0$13,079,339
77$36,393,832$0$0$14,377,954
78$40,003,059$0$0$15,807,910
79$43,977,185$0$0$17,382,569
80$48,353,327$0$0$19,116,654
81$53,172,385$0$0$21,026,389
82$58,479,428$0$0$23,129,652
83$64,324,118$0$0$25,446,143
84$70,761,180$0$0$27,997,570
85$77,850,916$0$0$30,807,854
86$85,659,777$0$0$33,903,354
87$94,260,985$0$0$37,313,118
88$103,735,230$0$0$41,069,155
89$114,171,426$0$0$45,206,735
90$125,667,553$0$0$49,764,727
91$138,331,580$0$0$54,785,961
92$152,282,485$0$0$60,317,636
93$167,651,376$0$0$66,411,763
94$184,582,731$0$0$73,125,655
95$203,235,758$0$0$80,522,470
96$223,785,899$0$0$88,671,808
97$246,426,488$0$0$97,650,364
98$271,370,571$0$0$107,542,654
99$298,852,921$0$0$118,441,814
100$329,132,251$0$0$130,450,478