Can I retire at age 30 with 636,000?

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 $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%13.5%
1 years$52,520$52,052$51,596$51,151$50,716$49,978
2 years$26,000$25,516$25,047$24,592$24,150$23,409
3 years$17,161$16,675$16,207$15,756$15,322$14,600
4 years$12,743$12,258$11,794$11,351$10,928$10,230
5 years$10,092$9,610$9,153$8,719$8,307$7,636
6 years$8,326$7,848$7,397$6,973$6,573$5,930
7 years$7,065$6,590$6,147$5,733$5,346$4,730
8 years$6,119$5,649$5,213$4,809$4,435$3,847
9 years$5,384$4,919$4,490$4,096$3,735$3,174
10 years$4,796$4,335$3,914$3,531$3,182$2,648
11 years$4,316$3,860$3,446$3,073$2,737$2,229
12 years$3,916$3,464$3,058$2,695$2,372$1,890
13 years$3,578$3,131$2,733$2,380$2,068$1,611
14 years$3,288$2,846$2,455$2,112$1,813$1,380
15 years$3,037$2,600$2,217$1,884$1,596$1,187
16 years$2,818$2,385$2,010$1,687$1,411$1,025
17 years$2,624$2,197$1,829$1,516$1,251$887
18 years$2,453$2,030$1,669$1,366$1,112$769
19 years$2,299$1,881$1,528$1,234$991$669
20 years$2,162$1,748$1,403$1,118$885$582
21 years$2,037$1,628$1,290$1,014$792$508
22 years$1,924$1,520$1,189$922$710$443
23 years$1,821$1,422$1,098$840$638$388
24 years$1,726$1,332$1,015$766$573$339
25 years$1,640$1,250$940$700$516$297
26 years$1,560$1,175$872$640$465$260
27 years$1,486$1,106$810$586$419$228
28 years$1,418$1,042$753$537$378$200
29 years$1,354$983$701$492$341$176
30 years$1,295$928$653$452$308$155
31 years$1,239$877$608$415$279$136
32 years$1,188$830$568$381$252$119
33 years$1,139$786$530$350$228$105
34 years$1,093$745$495$322$207$92
35 years$1,051$707$463$297$187$81
36 years$1,010$671$433$273$170$71
37 years$972$637$405$252$154$63
38 years$936$605$380$232$139$55
39 years$902$576$356$214$126$49
40 years$870$548$333$197$115$43
41 years$839$521$313$182$104$38
42 years$810$497$293$168$94$33
43 years$782$473$275$155$86$29
44 years$756$451$258$143$78$26
45 years$731$430$243$132$71$23
46 years$707$410$228$122$64$20
47 years$684$392$214$113$58$18
48 years$662$374$201$104$53$15
49 years$641$357$189$96$48$14
50 years$621$341$178$89$44$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $636,000, adding $6,613 every year, while hoping to spend $52,585 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: 60/29/11 Blend
29$636,000$636,000$636,000$636,000
30$707,693$673,985$664,127$747,922
31$723,928$651,061$630,426$752,816
32$740,056$625,250$593,832$751,607
33$756,012$596,357$554,195$749,005
34$771,719$564,173$511,355$744,878
35$787,095$528,477$465,146$739,085
36$802,043$489,038$415,393$731,473
37$816,458$445,607$361,916$721,875
38$830,221$397,926$304,524$710,113
39$843,198$345,719$243,019$695,993
40$855,239$288,694$177,196$679,303
41$866,180$226,546$106,838$659,816
42$875,832$158,949$31,719$637,285
43$883,990$85,561$0$611,442
44$890,424$6,020$0$587,683
45$894,876$0$0$564,350
46$897,061$0$0$562,952
47$896,663$0$0$561,738
48$893,329$0$0$558,553
49$886,669$0$0$553,138
50$876,250$0$0$545,206
51$861,592$0$0$534,437
52$842,160$0$0$520,479
53$817,367$0$0$502,940
54$786,558$0$0$481,388
55$749,009$0$0$455,342
56$703,921$0$0$424,273
57$650,407$0$0$387,592
58$587,486$0$0$344,652
59$514,077$0$0$294,734
60$428,979$0$0$237,045
61$330,869$0$0$170,707
62$218,283$0$0$94,751
63$89,604$0$0$8,107
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