Can I retire at age 30 with 636,000?

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 $636,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$52,520$52,052$51,596$51,151$50,716$50,103
2 years$26,000$25,516$25,047$24,592$24,150$23,533
3 years$17,161$16,675$16,207$15,756$15,322$14,720
4 years$12,743$12,258$11,794$11,351$10,928$10,346
5 years$10,092$9,610$9,153$8,719$8,307$7,747
6 years$8,326$7,848$7,397$6,973$6,573$6,035
7 years$7,065$6,590$6,147$5,733$5,346$4,830
8 years$6,119$5,649$5,213$4,809$4,435$3,942
9 years$5,384$4,919$4,490$4,096$3,735$3,264
10 years$4,796$4,335$3,914$3,531$3,182$2,733
11 years$4,316$3,860$3,446$3,073$2,737$2,309
12 years$3,916$3,464$3,058$2,695$2,372$1,965
13 years$3,578$3,131$2,733$2,380$2,068$1,682
14 years$3,288$2,846$2,455$2,112$1,813$1,447
15 years$3,037$2,600$2,217$1,884$1,596$1,250
16 years$2,818$2,385$2,010$1,687$1,411$1,083
17 years$2,624$2,197$1,829$1,516$1,251$941
18 years$2,453$2,030$1,669$1,366$1,112$820
19 years$2,299$1,881$1,528$1,234$991$716
20 years$2,162$1,748$1,403$1,118$885$626
21 years$2,037$1,628$1,290$1,014$792$549
22 years$1,924$1,520$1,189$922$710$481
23 years$1,821$1,422$1,098$840$638$423
24 years$1,726$1,332$1,015$766$573$372
25 years$1,640$1,250$940$700$516$327
26 years$1,560$1,175$872$640$465$288
27 years$1,486$1,106$810$586$419$254
28 years$1,418$1,042$753$537$378$224
29 years$1,354$983$701$492$341$197
30 years$1,295$928$653$452$308$174
31 years$1,239$877$608$415$279$154
32 years$1,188$830$568$381$252$136
33 years$1,139$786$530$350$228$120
34 years$1,093$745$495$322$207$106
35 years$1,051$707$463$297$187$94
36 years$1,010$671$433$273$170$83
37 years$972$637$405$252$154$73
38 years$936$605$380$232$139$65
39 years$902$576$356$214$126$57
40 years$870$548$333$197$115$51
41 years$839$521$313$182$104$45
42 years$810$497$293$168$94$40
43 years$782$473$275$155$86$35
44 years$756$451$258$143$78$31
45 years$731$430$243$132$71$28
46 years$707$410$228$122$64$24
47 years$684$392$214$113$58$22
48 years$662$374$201$104$53$19
49 years$641$357$189$96$48$17
50 years$621$341$178$89$44$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $636,000, adding $5,384 every year, while hoping to spend $55,815 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: 76/15/9 Blend
29$636,000$636,000$636,000$636,000
30$706,426$672,718$662,860$758,665
31$719,094$646,294$625,679$767,367
32$731,184$616,705$585,381$769,253
33$742,578$583,737$541,805$769,724
34$753,144$547,162$494,778$768,619
35$762,734$506,743$444,122$765,760
36$771,185$462,225$389,652$760,952
37$778,313$413,341$331,173$753,982
38$783,915$359,809$268,481$744,618
39$787,764$301,329$201,365$732,601
40$789,608$237,587$129,603$717,651
41$789,167$168,248$52,964$699,460
42$786,131$92,960$0$677,690
43$780,153$11,352$0$654,738
44$770,852$0$0$633,037
45$757,802$0$0$619,779
46$740,533$0$0$604,846
47$718,524$0$0$585,930
48$691,198$0$0$562,544
49$657,915$0$0$534,154
50$617,968$0$0$500,166
51$570,574$0$0$459,925
52$514,867$0$0$412,704
53$449,890$0$0$357,702
54$374,585$0$0$294,031
55$287,781$0$0$220,710
56$188,185$0$0$136,657
57$74,368$0$0$40,673
58$0$0$0$0
59$0$0$0$0
60$0$0$0$0
61$0$0$0$0
62$0$0$0$0
63$0$0$0$0
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0