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%16.4%
1 years$52,438$51,971$51,515$51,070$50,636$49,312
2 years$25,959$25,476$25,007$24,553$24,112$22,787
3 years$17,134$16,649$16,181$15,731$15,298$14,013
4 years$12,723$12,239$11,776$11,334$10,911$9,677
5 years$10,076$9,595$9,139$8,705$8,294$7,114
6 years$8,313$7,835$7,385$6,962$6,563$5,438
7 years$7,053$6,580$6,137$5,724$5,337$4,267
8 years$6,110$5,640$5,205$4,801$4,428$3,412
9 years$5,376$4,911$4,483$4,090$3,729$2,767
10 years$4,789$4,329$3,908$3,525$3,177$2,268
11 years$4,309$3,854$3,441$3,068$2,732$1,874
12 years$3,910$3,459$3,054$2,691$2,368$1,559
13 years$3,572$3,126$2,728$2,376$2,065$1,304
14 years$3,283$2,841$2,451$2,109$1,810$1,096
15 years$3,032$2,595$2,213$1,881$1,594$924
16 years$2,813$2,381$2,007$1,684$1,409$781
17 years$2,620$2,193$1,826$1,513$1,249$662
18 years$2,449$2,027$1,667$1,364$1,110$562
19 years$2,296$1,878$1,526$1,232$990$478
20 years$2,158$1,745$1,400$1,116$884$407
21 years$2,034$1,626$1,288$1,013$791$348
22 years$1,921$1,517$1,187$921$709$297
23 years$1,818$1,419$1,096$839$637$254
24 years$1,724$1,330$1,014$765$572$217
25 years$1,637$1,248$939$699$515$186
26 years$1,557$1,173$871$639$464$159
27 years$1,484$1,104$809$585$418$136
28 years$1,415$1,040$752$536$377$117
29 years$1,352$981$700$491$341$100
30 years$1,293$927$652$451$308$86
31 years$1,237$876$607$414$278$74
32 years$1,186$829$567$381$252$63
33 years$1,137$785$529$350$228$54
34 years$1,092$744$494$322$206$47
35 years$1,049$706$462$296$187$40
36 years$1,009$670$432$273$169$34
37 years$970$636$405$251$153$29
38 years$934$605$379$232$139$25
39 years$900$575$355$214$126$22
40 years$868$547$333$197$114$19
41 years$838$521$312$182$104$16
42 years$808$496$293$168$94$14
43 years$781$472$275$155$85$12
44 years$754$450$258$143$78$10
45 years$729$429$242$132$70$9
46 years$705$410$227$122$64$7
47 years$683$391$214$113$58$6
48 years$661$373$201$104$53$6
49 years$640$356$189$96$48$5
50 years$620$340$177$89$44$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $635,000, adding $5,697 every year, while hoping to spend $38,751 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: 56/35/9 Blend
29$635,000$635,000$635,000$635,000
30$705,646$671,991$662,149$743,326
31$736,392$663,688$643,100$761,120
32$768,974$653,679$622,115$775,701
33$803,540$641,841$599,086$790,647
34$840,250$628,040$573,904$805,999
35$879,279$612,137$546,454$821,803
36$920,819$593,985$516,613$838,111
37$965,079$573,427$484,256$854,985
38$1,012,289$550,297$449,251$872,492
39$1,062,701$524,420$411,459$890,711
40$1,116,591$495,610$370,737$909,730
41$1,174,260$463,672$326,934$929,652
42$1,236,040$428,398$279,892$950,588
43$1,302,296$389,569$229,448$972,668
44$1,373,425$346,953$175,429$996,038
45$1,449,865$300,305$117,657$1,020,861
46$1,532,098$249,366$55,945$1,047,321
47$1,620,650$193,863$0$1,075,625
48$1,716,101$133,507$0$1,106,959
49$1,819,088$67,993$0$1,146,426
50$1,930,309$0$0$1,188,962
51$2,050,534$0$0$1,236,072
52$2,180,607$0$0$1,315,418
53$2,321,457$0$0$1,401,385
54$2,474,103$0$0$1,494,602
55$2,639,669$0$0$1,595,761
56$2,819,388$0$0$1,705,623
57$3,014,619$0$0$1,825,024
58$3,226,855$0$0$1,954,885
59$3,457,738$0$0$2,096,219
60$3,709,076$0$0$2,250,140
61$3,982,858$0$0$2,417,874
62$4,281,272$0$0$2,600,770
63$4,606,728$0$0$2,800,315
64$4,961,877$0$0$3,018,143
65$5,349,637$0$0$3,256,053
66$5,773,220$0$0$3,516,027
67$6,236,162$0$0$3,800,246
68$6,742,359$0$0$4,111,111
69$7,296,096$0$0$4,451,267
70$7,902,093$0$0$4,823,624
71$8,565,549$0$0$5,231,389
72$9,292,187$0$0$5,678,092
73$10,088,309$0$0$6,167,622
74$10,960,859$0$0$6,704,260
75$11,917,480$0$0$7,292,723
76$12,966,592$0$0$7,938,205
77$14,117,471$0$0$8,646,428
78$15,380,330$0$0$9,423,692
79$16,766,421$0$0$10,276,940
80$18,288,138$0$0$11,213,819
81$19,959,134$0$0$12,242,751
82$21,794,448$0$0$13,373,016
83$23,810,648$0$0$14,614,835
84$26,025,985$0$0$15,979,469
85$28,460,566$0$0$17,479,324
86$31,136,542$0$0$19,128,068
87$34,078,317$0$0$20,940,759
88$37,312,777$0$0$22,933,985
89$40,869,544$0$0$25,126,024
90$44,781,254$0$0$27,537,013
91$49,083,863$0$0$30,189,140
92$53,816,988$0$0$33,106,849
93$59,024,278$0$0$36,317,075
94$64,753,829$0$0$39,849,493
95$71,058,629$0$0$43,736,802
96$77,997,065$0$0$48,015,031
97$85,633,472$0$0$52,723,877
98$94,038,734$0$0$57,907,082
99$103,290,959$0$0$63,612,842
100$113,476,209$0$0$69,894,266