Can I retire at age 30 with 637,000?

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 $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%19.1%
1 years$52,603$52,134$51,677$51,231$50,795$48,935
2 years$26,041$25,556$25,086$24,630$24,188$22,334
3 years$17,188$16,701$16,232$15,781$15,346$13,557
4 years$12,763$12,277$11,813$11,369$10,945$9,235
5 years$10,108$9,625$9,167$8,733$8,320$6,693
6 years$8,339$7,860$7,409$6,984$6,583$5,041
7 years$7,076$6,601$6,157$5,742$5,354$3,896
8 years$6,129$5,658$5,221$4,816$4,442$3,066
9 years$5,393$4,926$4,497$4,103$3,741$2,446
10 years$4,804$4,342$3,921$3,536$3,187$1,971
11 years$4,323$3,866$3,452$3,078$2,741$1,601
12 years$3,922$3,470$3,063$2,700$2,375$1,308
13 years$3,583$3,136$2,737$2,383$2,071$1,074
14 years$3,293$2,850$2,459$2,116$1,816$886
15 years$3,042$2,604$2,220$1,887$1,599$732
16 years$2,822$2,389$2,013$1,689$1,413$607
17 years$2,629$2,200$1,832$1,518$1,253$505
18 years$2,457$2,033$1,672$1,368$1,114$420
19 years$2,303$1,884$1,531$1,236$993$350
20 years$2,165$1,751$1,405$1,120$887$292
21 years$2,040$1,631$1,292$1,016$794$244
22 years$1,927$1,522$1,191$924$711$204
23 years$1,824$1,424$1,100$841$639$171
24 years$1,729$1,334$1,017$767$574$143
25 years$1,642$1,252$942$701$516$120
26 years$1,562$1,177$874$641$465$100
27 years$1,488$1,107$811$586$419$84
28 years$1,420$1,043$754$537$378$71
29 years$1,356$984$702$493$342$59
30 years$1,297$930$654$452$309$50
31 years$1,241$879$609$415$279$42
32 years$1,189$831$569$382$253$35
33 years$1,141$787$531$351$229$29
34 years$1,095$746$496$323$207$25
35 years$1,052$708$464$297$187$21
36 years$1,012$672$434$274$170$17
37 years$974$638$406$252$154$15
38 years$937$606$380$233$140$12
39 years$903$577$356$214$127$10
40 years$871$549$334$198$115$9
41 years$840$522$313$182$104$7
42 years$811$497$294$168$94$6
43 years$783$474$276$155$86$5
44 years$757$452$259$144$78$4
45 years$732$431$243$133$71$4
46 years$708$411$228$122$64$3
47 years$685$392$214$113$58$3
48 years$663$374$201$105$53$2
49 years$642$357$189$97$48$2
50 years$622$341$178$89$44$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $637,000, adding $3,578 every year, while hoping to spend $35,315 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: 49/35/16 Blend
29$637,000$637,000$637,000$637,000
30$705,665$671,904$662,030$736,940
31$740,068$667,252$646,633$754,254
32$776,796$661,189$629,537$769,120
33$816,050$653,608$610,647$784,497
34$858,048$644,396$589,865$800,448
35$903,031$633,434$567,088$817,041
36$951,263$620,594$542,208$834,354
37$1,003,032$605,743$515,112$852,476
38$1,058,655$588,739$485,682$871,505
39$1,118,482$569,431$453,797$891,555
40$1,182,894$547,660$419,326$912,753
41$1,252,312$523,258$382,135$935,242
42$1,327,196$496,046$342,085$959,181
43$1,408,053$465,836$299,029$984,751
44$1,495,441$432,428$252,812$1,012,155
45$1,589,971$395,611$203,276$1,041,620
46$1,692,315$355,164$150,254$1,073,398
47$1,803,214$310,850$93,570$1,107,775
48$1,923,481$262,421$33,043$1,145,068
49$2,054,010$209,613$0$1,185,632
50$2,195,784$152,149$0$1,235,250
51$2,349,885$89,735$0$1,295,349
52$2,517,504$22,063$0$1,360,809
53$2,699,950$0$0$1,432,218
54$2,898,663$0$0$1,529,945
55$3,115,230$0$0$1,645,776
56$3,351,395$0$0$1,772,154
57$3,609,079$0$0$1,910,116
58$3,890,395$0$0$2,060,802
59$4,197,672$0$0$2,225,467
60$4,533,470$0$0$2,405,493
61$4,900,609$0$0$2,602,403
62$5,302,196$0$0$2,817,871
63$5,741,650$0$0$3,053,743
64$6,222,734$0$0$3,312,050
65$6,749,595$0$0$3,595,029
66$7,326,798$0$0$3,905,145
67$7,959,372$0$0$4,245,110
68$8,652,853$0$0$4,617,913
69$9,413,340$0$0$5,026,845
70$10,247,551$0$0$5,475,533
71$11,162,884$0$0$5,967,969
72$12,167,488$0$0$6,508,553
73$13,270,341$0$0$7,102,130
74$14,481,331$0$0$7,754,037
75$15,811,350$0$0$8,470,154
76$17,272,398$0$0$9,256,960
77$18,877,694$0$0$10,121,589
78$20,641,801$0$0$11,071,904
79$22,580,762$0$0$12,116,565
80$24,712,252$0$0$13,265,115
81$27,055,744$0$0$14,528,065
82$29,632,693$0$0$15,916,998
83$32,466,733$0$0$17,444,675
84$35,583,908$0$0$19,125,156
85$39,012,911$0$0$20,973,932
86$42,785,354$0$0$23,008,069
87$46,936,069$0$0$25,246,375
88$51,503,436$0$0$27,709,570
89$56,529,741$0$0$30,420,484
90$62,061,577$0$0$33,404,275
91$68,150,283$0$0$36,688,661
92$74,852,428$0$0$40,304,184
93$82,230,342$0$0$44,284,499
94$90,352,707$0$0$48,666,689
95$99,295,201$0$0$53,491,615
96$109,141,215$0$0$58,804,303
97$119,982,636$0$0$64,654,366
98$131,920,716$0$0$71,096,474
99$145,067,026$0$0$78,190,869
100$159,544,507$0$0$86,003,933