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%19.5%
1 years$52,603$52,134$51,677$51,231$50,795$48,857
2 years$26,041$25,556$25,086$24,630$24,188$22,258
3 years$17,188$16,701$16,232$15,781$15,346$13,485
4 years$12,763$12,277$11,813$11,369$10,945$9,167
5 years$10,108$9,625$9,167$8,733$8,320$6,630
6 years$8,339$7,860$7,409$6,984$6,583$4,983
7 years$7,076$6,601$6,157$5,742$5,354$3,842
8 years$6,129$5,658$5,221$4,816$4,442$3,016
9 years$5,393$4,926$4,497$4,103$3,741$2,400
10 years$4,804$4,342$3,921$3,536$3,187$1,929
11 years$4,323$3,866$3,452$3,078$2,741$1,563
12 years$3,922$3,470$3,063$2,700$2,375$1,274
13 years$3,583$3,136$2,737$2,383$2,071$1,043
14 years$3,293$2,850$2,459$2,116$1,816$858
15 years$3,042$2,604$2,220$1,887$1,599$707
16 years$2,822$2,389$2,013$1,689$1,413$585
17 years$2,629$2,200$1,832$1,518$1,253$484
18 years$2,457$2,033$1,672$1,368$1,114$402
19 years$2,303$1,884$1,531$1,236$993$334
20 years$2,165$1,751$1,405$1,120$887$278
21 years$2,040$1,631$1,292$1,016$794$232
22 years$1,927$1,522$1,191$924$711$193
23 years$1,824$1,424$1,100$841$639$161
24 years$1,729$1,334$1,017$767$574$134
25 years$1,642$1,252$942$701$516$112
26 years$1,562$1,177$874$641$465$94
27 years$1,488$1,107$811$586$419$78
28 years$1,420$1,043$754$537$378$65
29 years$1,356$984$702$493$342$55
30 years$1,297$930$654$452$309$46
31 years$1,241$879$609$415$279$38
32 years$1,189$831$569$382$253$32
33 years$1,141$787$531$351$229$27
34 years$1,095$746$496$323$207$22
35 years$1,052$708$464$297$187$19
36 years$1,012$672$434$274$170$16
37 years$974$638$406$252$154$13
38 years$937$606$380$233$140$11
39 years$903$577$356$214$127$9
40 years$871$549$334$198$115$8
41 years$840$522$313$182$104$6
42 years$811$497$294$168$94$5
43 years$783$474$276$155$86$4
44 years$757$452$259$144$78$4
45 years$732$431$243$133$71$3
46 years$708$411$228$122$64$3
47 years$685$392$214$113$58$2
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 $6,243 every year, while hoping to spend $23,233 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: 76/16/8 Blend
29$637,000$637,000$637,000$637,000
30$708,414$674,653$664,779$760,941
31$755,952$682,991$662,330$804,696
32$807,561$690,959$659,019$849,051
33$863,630$698,514$654,795$897,000
34$924,591$705,612$649,600$948,890
35$990,914$712,202$643,377$1,005,105
36$1,063,121$718,233$636,064$1,066,065
37$1,141,784$723,651$627,597$1,132,236
38$1,227,533$728,397$617,908$1,204,130
39$1,321,060$732,407$606,927$1,282,311
40$1,423,129$735,617$594,580$1,367,402
41$1,534,580$737,954$580,790$1,460,087
42$1,656,337$739,343$565,477$1,561,122
43$1,789,418$739,706$548,555$1,671,338
44$1,934,944$738,956$529,936$1,791,653
45$2,094,148$737,005$509,529$1,923,077
46$2,268,389$733,755$487,235$2,066,724
47$2,459,162$729,107$462,955$2,223,822
48$2,668,115$722,952$436,583$2,395,724
49$2,897,062$715,176$408,008$2,583,920
50$3,148,001$705,658$377,115$2,790,055
51$3,423,132$694,270$343,783$3,015,939
52$3,724,878$680,877$307,887$3,263,569
53$4,055,910$665,333$269,294$3,535,146
54$4,419,165$647,487$227,869$3,833,095
55$4,817,884$627,178$183,466$4,160,090
56$5,255,633$604,234$135,937$4,519,077
57$5,736,341$578,476$85,125$4,913,304
58$6,264,338$549,711$30,866$5,346,352
59$6,844,391$517,738$0$5,822,165
60$7,481,754$482,342$0$6,347,401
61$8,182,215$443,298$0$6,927,507
62$8,952,147$400,366$0$7,565,146
63$9,798,577$353,295$0$8,266,158
64$10,729,241$301,816$0$9,036,979
65$11,752,666$245,647$0$9,884,703
66$12,878,245$184,491$0$10,817,145
67$14,116,328$118,033$0$11,842,923
68$15,478,317$45,941$0$12,971,529
69$16,976,776$0$0$14,213,426
70$18,625,548$0$0$15,585,806
71$20,439,884$0$0$17,104,924
72$22,436,590$0$0$18,776,768
73$24,634,183$0$0$20,616,845
74$27,053,066$0$0$22,642,242
75$29,715,720$0$0$24,871,788
76$32,646,916$0$0$27,326,229
77$35,873,951$0$0$30,028,424
78$39,426,901$0$0$33,003,564
79$43,338,906$0$0$36,279,403
80$47,646,486$0$0$39,886,526
81$52,389,879$0$0$43,858,635
82$57,613,427$0$0$48,232,864
83$63,365,991$0$0$53,050,136
84$69,701,409$0$0$58,355,541
85$76,679,011$0$0$64,198,767
86$84,364,172$0$0$70,634,568
87$92,828,933$0$0$77,723,278
88$102,152,677$0$0$85,531,382
89$112,422,881$0$0$94,132,142
90$123,735,941$0$0$103,606,292
91$136,198,080$0$0$114,042,794
92$149,926,351$0$0$125,539,682
93$165,049,742$0$0$138,204,985
94$181,710,392$0$0$152,157,747
95$200,064,934$0$0$167,529,151
96$220,285,972$0$0$184,463,754
97$242,563,710$0$0$203,120,855
98$267,107,747$0$0$223,675,997
99$294,149,056$0$0$246,322,623
100$323,942,162$0$0$271,273,903