Can I retire at age 30 with 635,000?

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 $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%16%
1 years$52,438$51,971$51,515$51,070$50,636$49,392
2 years$25,959$25,476$25,007$24,553$24,112$22,867
3 years$17,134$16,649$16,181$15,731$15,298$14,089
4 years$12,723$12,239$11,776$11,334$10,911$9,749
5 years$10,076$9,595$9,139$8,705$8,294$7,182
6 years$8,313$7,835$7,385$6,962$6,563$5,502
7 years$7,053$6,580$6,137$5,724$5,337$4,327
8 years$6,110$5,640$5,205$4,801$4,428$3,468
9 years$5,376$4,911$4,483$4,090$3,729$2,819
10 years$4,789$4,329$3,908$3,525$3,177$2,317
11 years$4,309$3,854$3,441$3,068$2,732$1,919
12 years$3,910$3,459$3,054$2,691$2,368$1,601
13 years$3,572$3,126$2,728$2,376$2,065$1,343
14 years$3,283$2,841$2,451$2,109$1,810$1,131
15 years$3,032$2,595$2,213$1,881$1,594$956
16 years$2,813$2,381$2,007$1,684$1,409$811
17 years$2,620$2,193$1,826$1,513$1,249$689
18 years$2,449$2,027$1,667$1,364$1,110$587
19 years$2,296$1,878$1,526$1,232$990$501
20 years$2,158$1,745$1,400$1,116$884$428
21 years$2,034$1,626$1,288$1,013$791$366
22 years$1,921$1,517$1,187$921$709$314
23 years$1,818$1,419$1,096$839$637$269
24 years$1,724$1,330$1,014$765$572$231
25 years$1,637$1,248$939$699$515$198
26 years$1,557$1,173$871$639$464$170
27 years$1,484$1,104$809$585$418$146
28 years$1,415$1,040$752$536$377$126
29 years$1,352$981$700$491$341$108
30 years$1,293$927$652$451$308$93
31 years$1,237$876$607$414$278$80
32 years$1,186$829$567$381$252$69
33 years$1,137$785$529$350$228$59
34 years$1,092$744$494$322$206$51
35 years$1,049$706$462$296$187$44
36 years$1,009$670$432$273$169$38
37 years$970$636$405$251$153$33
38 years$934$605$379$232$139$28
39 years$900$575$355$214$126$24
40 years$868$547$333$197$114$21
41 years$838$521$312$182$104$18
42 years$808$496$293$168$94$16
43 years$781$472$275$155$85$13
44 years$754$450$258$143$78$12
45 years$729$429$242$132$70$10
46 years$705$410$227$122$64$9
47 years$683$391$214$113$58$7
48 years$661$373$201$104$53$6
49 years$640$356$189$96$48$5
50 years$620$340$177$89$44$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $635,000, adding $3,771 every year, while hoping to spend $23,781 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: 78/16/6 Blend
29$635,000$635,000$635,000$635,000
30$703,660$670,005$660,162$757,880
31$750,130$677,532$656,975$801,500
32$800,544$684,631$652,884$845,843
33$855,277$691,256$647,833$893,762
34$914,745$697,358$641,766$945,602
35$979,405$702,884$634,620$1,001,743
36$1,049,757$707,778$626,333$1,062,603
37$1,126,354$711,981$616,837$1,128,643
38$1,209,805$715,430$606,063$1,200,370
39$1,300,776$718,058$593,938$1,278,344
40$1,400,006$719,794$580,386$1,363,180
41$1,508,303$720,560$565,325$1,455,557
42$1,626,560$720,277$548,673$1,556,223
43$1,755,758$718,860$530,343$1,666,002
44$1,896,978$716,216$510,241$1,785,802
45$2,051,409$712,250$488,274$1,916,623
46$2,220,362$706,860$464,340$2,059,569
47$2,405,278$699,936$438,336$2,215,855
48$2,607,747$691,363$410,151$2,386,820
49$2,829,518$681,020$379,671$2,573,940
50$3,072,516$668,778$346,778$2,778,842
51$3,338,864$654,499$311,345$3,003,318
52$3,630,897$638,038$273,244$3,249,345
53$3,951,188$619,242$232,338$3,519,100
54$4,302,572$597,947$188,484$3,814,983
55$4,688,171$573,983$141,535$4,139,640
56$5,111,423$547,167$91,335$4,495,987
57$5,576,116$517,306$37,722$4,887,237
58$6,086,423$484,197$0$5,316,933
59$6,646,939$447,624$0$5,790,225
60$7,262,729$407,360$0$6,312,827
61$7,939,370$363,163$0$6,887,076
62$8,683,008$314,780$0$7,518,212
63$9,500,412$261,942$0$8,212,009
64$10,399,041$204,364$0$8,974,829
65$11,387,112$141,746$0$9,813,687
66$12,473,679$73,773$0$10,736,310
67$13,668,715$109$0$11,751,216
68$14,983,211$0$0$12,867,793
69$16,429,274$0$0$14,110,399
70$18,020,246$0$0$15,477,571
71$19,770,825$0$0$16,981,924
72$21,697,207$0$0$18,637,378
73$23,817,238$0$0$20,459,272
74$26,150,580$0$0$22,464,508
75$28,718,898$0$0$24,671,707
76$31,546,065$0$0$27,101,388
77$34,658,385$0$0$29,776,162
78$38,084,842$0$0$32,720,941
79$41,857,374$0$0$35,963,178
80$46,011,172$0$0$39,533,120
81$50,585,014$0$0$43,464,101
82$55,621,630$0$0$47,792,847
83$61,168,105$0$0$52,559,830
84$67,276,323$0$0$57,809,648
85$74,003,454$0$0$63,591,442
86$81,412,498$0$0$69,959,362
87$89,572,876$0$0$76,973,081
88$98,561,087$0$0$84,698,351
89$108,461,426$0$0$93,207,631
90$119,366,784$0$0$102,580,764
91$131,379,520$0$0$112,905,734
92$144,612,431$0$0$124,279,495
93$159,189,813$0$0$136,808,888
94$175,248,636$0$0$150,611,644
95$192,939,836$0$0$165,817,501
96$212,429,736$0$0$182,569,425
97$233,901,622$0$0$201,024,960
98$257,557,469$0$0$221,357,712
99$283,619,845$0$0$243,758,994
100$312,334,016$0$0$268,439,625