Can I retire at age 30 with 637,000?

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 $637,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$52,603$52,134$51,677$51,231$50,795$49,648
2 years$26,041$25,556$25,086$24,630$24,188$23,039
3 years$17,188$16,701$16,232$15,781$15,346$14,230
4 years$12,763$12,277$11,813$11,369$10,945$9,871
5 years$10,108$9,625$9,167$8,733$8,320$7,291
6 years$8,339$7,860$7,409$6,984$6,583$5,601
7 years$7,076$6,601$6,157$5,742$5,354$4,417
8 years$6,129$5,658$5,221$4,816$4,442$3,551
9 years$5,393$4,926$4,497$4,103$3,741$2,895
10 years$4,804$4,342$3,921$3,536$3,187$2,386
11 years$4,323$3,866$3,452$3,078$2,741$1,983
12 years$3,922$3,470$3,063$2,700$2,375$1,660
13 years$3,583$3,136$2,737$2,383$2,071$1,397
14 years$3,293$2,850$2,459$2,116$1,816$1,181
15 years$3,042$2,604$2,220$1,887$1,599$1,001
16 years$2,822$2,389$2,013$1,689$1,413$852
17 years$2,629$2,200$1,832$1,518$1,253$727
18 years$2,457$2,033$1,672$1,368$1,114$622
19 years$2,303$1,884$1,531$1,236$993$532
20 years$2,165$1,751$1,405$1,120$887$457
21 years$2,040$1,631$1,292$1,016$794$392
22 years$1,927$1,522$1,191$924$711$337
23 years$1,824$1,424$1,100$841$639$290
24 years$1,729$1,334$1,017$767$574$250
25 years$1,642$1,252$942$701$516$216
26 years$1,562$1,177$874$641$465$186
27 years$1,488$1,107$811$586$419$161
28 years$1,420$1,043$754$537$378$139
29 years$1,356$984$702$493$342$120
30 years$1,297$930$654$452$309$103
31 years$1,241$879$609$415$279$89
32 years$1,189$831$569$382$253$77
33 years$1,141$787$531$351$229$67
34 years$1,095$746$496$323$207$58
35 years$1,052$708$464$297$187$50
36 years$1,012$672$434$274$170$43
37 years$974$638$406$252$154$37
38 years$937$606$380$233$140$32
39 years$903$577$356$214$127$28
40 years$871$549$334$198$115$24
41 years$840$522$313$182$104$21
42 years$811$497$294$168$94$18
43 years$783$474$276$155$86$16
44 years$757$452$259$144$78$14
45 years$732$431$243$133$71$12
46 years$708$411$228$122$64$10
47 years$685$392$214$113$58$9
48 years$663$374$201$105$53$8
49 years$642$357$189$97$48$7
50 years$622$341$178$89$44$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $637,000, adding $3,893 every year, while hoping to spend $34,373 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: 26/44/30 Blend
29$637,000$637,000$637,000$637,000
30$705,990$672,229$662,355$717,684
31$741,428$668,595$647,971$724,060
32$779,329$663,632$631,954$727,729
33$819,908$657,237$614,211$730,972
34$863,399$649,303$594,649$733,777
35$910,063$639,715$573,166$736,135
36$960,182$628,354$549,660$738,039
37$1,014,068$615,091$524,021$739,486
38$1,072,063$599,790$496,136$740,475
39$1,134,542$582,308$465,885$741,011
40$1,201,917$562,493$433,144$741,104
41$1,274,641$540,184$397,783$740,769
42$1,353,213$515,211$359,667$740,029
43$1,438,178$487,394$318,653$738,912
44$1,530,139$456,543$274,594$737,457
45$1,629,755$422,456$227,335$735,713
46$1,737,753$384,920$176,714$733,740
47$1,854,933$343,710$122,564$731,611
48$1,982,174$298,589$64,706$729,413
49$2,120,440$249,304$2,959$727,250
50$2,270,797$195,592$0$725,246
51$2,434,413$137,171$0$743,689
52$2,612,576$73,746$0$764,922
53$2,806,703$5,002$0$788,257
54$3,018,350$0$0$813,988
55$3,249,235$0$0$876,042
56$3,501,245$0$0$946,518
57$3,776,458$0$0$1,023,587
58$4,077,163$0$0$1,107,904
59$4,405,878$0$0$1,200,189
60$4,765,377$0$0$1,301,233
61$5,158,713$0$0$1,411,911
62$5,589,248$0$0$1,533,184
63$6,060,684$0$0$1,666,110
64$6,577,099$0$0$1,811,856
65$7,142,982$0$0$1,971,706
66$7,763,279$0$0$2,147,074
67$8,443,435$0$0$2,339,518
68$9,189,448$0$0$2,550,755
69$10,007,925$0$0$2,782,676
70$10,906,143$0$0$3,037,362
71$11,892,117$0$0$3,317,109
72$12,974,678$0$0$3,624,442
73$14,163,552$0$0$3,962,147
74$15,469,452$0$0$4,333,289
75$16,904,183$0$0$4,741,249
76$18,480,746$0$0$5,189,749
77$20,213,468$0$0$5,682,890
78$22,118,130$0$0$6,225,190
79$24,212,118$0$0$6,821,629
80$26,514,588$0$0$7,477,690
81$29,046,644$0$0$8,199,418
82$31,831,538$0$0$8,993,470
83$34,894,889$0$0$9,867,184
84$38,264,922$0$0$10,828,643
85$41,972,738$0$0$11,886,753
86$46,052,601$0$0$13,051,328
87$50,542,268$0$0$14,333,182
88$55,483,339$0$0$15,744,230
89$60,921,650$0$0$17,297,600
90$66,907,708$0$0$19,007,758
91$73,497,163$0$0$20,890,646
92$80,751,336$0$0$22,963,827
93$88,737,795$0$0$25,246,656
94$97,530,992$0$0$27,760,461
95$107,212,966$0$0$30,528,740
96$117,874,117$0$0$33,577,391
97$129,614,056$0$0$36,934,947
98$142,542,548$0$0$40,632,853
99$156,780,543$0$0$44,705,758
100$172,461,321$0$0$49,191,842