Can I retire at age 30 with 639,000?

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 $639,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$52,768$52,298$51,839$51,392$50,955$48,991
2 years$26,123$25,636$25,165$24,708$24,264$22,309
3 years$17,242$16,754$16,283$15,830$15,394$13,510
4 years$12,803$12,316$11,850$11,405$10,979$9,179
5 years$10,140$9,656$9,196$8,760$8,346$6,635
6 years$8,365$7,885$7,432$7,005$6,604$4,984
7 years$7,098$6,621$6,176$5,760$5,371$3,840
8 years$6,148$5,676$5,238$4,832$4,456$3,013
9 years$5,410$4,942$4,511$4,115$3,752$2,396
10 years$4,819$4,356$3,933$3,548$3,197$1,925
11 years$4,336$3,878$3,463$3,087$2,750$1,558
12 years$3,934$3,481$3,073$2,708$2,383$1,269
13 years$3,594$3,145$2,745$2,391$2,078$1,039
14 years$3,303$2,859$2,467$2,122$1,821$853
15 years$3,051$2,612$2,227$1,893$1,604$703
16 years$2,831$2,396$2,019$1,695$1,417$581
17 years$2,637$2,207$1,837$1,523$1,257$481
18 years$2,464$2,039$1,677$1,372$1,117$399
19 years$2,310$1,890$1,536$1,240$996$331
20 years$2,172$1,756$1,409$1,123$890$275
21 years$2,047$1,636$1,296$1,019$796$229
22 years$1,933$1,527$1,195$927$714$191
23 years$1,829$1,428$1,103$844$641$159
24 years$1,735$1,338$1,020$770$576$133
25 years$1,647$1,256$945$703$518$111
26 years$1,567$1,180$876$643$467$92
27 years$1,493$1,111$814$588$421$77
28 years$1,424$1,047$756$539$380$64
29 years$1,360$987$704$494$343$54
30 years$1,301$932$656$454$310$45
31 years$1,245$882$611$417$280$38
32 years$1,193$834$570$383$253$31
33 years$1,144$790$533$352$229$26
34 years$1,099$749$498$324$208$22
35 years$1,055$710$465$298$188$18
36 years$1,015$674$435$275$170$15
37 years$977$640$407$253$154$13
38 years$940$608$381$233$140$11
39 years$906$578$357$215$127$9
40 years$874$550$335$198$115$7
41 years$843$524$314$183$104$6
42 years$814$499$295$169$95$5
43 years$786$475$276$156$86$4
44 years$759$453$260$144$78$4
45 years$734$432$244$133$71$3
46 years$710$412$229$123$64$3
47 years$687$393$215$113$58$2
48 years$665$376$202$105$53$2
49 years$644$359$190$97$48$1
50 years$624$343$179$90$44$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $639,000, adding $5,651 every year, while hoping to spend $42,160 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: 87/7/6 Blend
29$639,000$639,000$639,000$639,000
30$710,007$676,140$666,236$771,125
31$737,570$664,413$643,696$800,066
32$766,531$650,698$618,989$825,426
33$796,989$634,854$591,997$851,927
34$829,050$616,730$562,597$879,653
35$862,830$596,167$530,661$908,695
36$898,456$572,997$496,056$939,155
37$936,066$547,041$458,642$971,143
38$975,811$518,112$418,272$1,004,780
39$1,017,853$486,009$374,794$1,040,200
40$1,062,373$450,523$328,048$1,077,549
41$1,109,566$411,429$277,869$1,116,988
42$1,159,646$368,493$224,082$1,158,695
43$1,212,847$321,466$166,505$1,202,865
44$1,269,424$270,085$104,949$1,249,710
45$1,329,657$214,071$39,217$1,299,468
46$1,393,852$153,131$0$1,352,398
47$1,462,346$86,954$0$1,410,765
48$1,535,505$15,215$0$1,475,712
49$1,613,732$0$0$1,545,086
50$1,697,468$0$0$1,624,094
51$1,787,199$0$0$1,710,018
52$1,883,455$0$0$1,802,194
53$1,986,818$0$0$1,901,181
54$2,097,930$0$0$2,007,592
55$2,217,491$0$0$2,122,101
56$2,346,272$0$0$2,245,446
57$2,485,121$0$0$2,378,440
58$2,634,968$0$0$2,521,973
59$2,796,835$0$0$2,677,027
60$2,971,845$0$0$2,844,677
61$3,161,232$0$0$3,026,107
62$3,366,354$0$0$3,222,618
63$3,588,703$0$0$3,435,640
64$3,829,920$0$0$3,666,747
65$4,091,808$0$0$3,917,667
66$4,376,353$0$0$4,190,304
67$4,685,737$0$0$4,486,751
68$5,022,363$0$0$4,809,310
69$5,388,874$0$0$5,160,514
70$5,788,176$0$0$5,543,152
71$6,223,472$0$0$5,960,292
72$6,698,281$0$0$6,415,309
73$7,216,482$0$0$6,911,921
74$7,782,341$0$0$7,454,219
75$8,400,556$0$0$8,046,704
76$9,076,298$0$0$8,694,337
77$9,815,260$0$0$9,402,574
78$10,623,711$0$0$10,177,426
79$11,508,555$0$0$11,025,510
80$12,477,391$0$0$11,954,114
81$13,538,589$0$0$12,971,261
82$14,701,368$0$0$14,085,788
83$15,975,878$0$0$15,307,429
84$17,373,300$0$0$16,646,900
85$18,905,947$0$0$18,116,009
86$20,587,382$0$0$19,727,757
87$22,432,544$0$0$21,496,466
88$24,457,888$0$0$23,437,913
89$26,681,539$0$0$25,569,475
90$29,123,465$0$0$27,910,295
91$31,805,660$0$0$30,481,459
92$34,752,354$0$0$33,306,198
93$37,990,240$0$0$36,410,102
94$41,548,725$0$0$39,821,365
95$45,460,205$0$0$43,571,046
96$49,760,371$0$0$47,693,363
97$54,488,546$0$0$52,226,016
98$59,688,053$0$0$57,210,539
99$65,406,621$0$0$62,692,694
100$71,696,841$0$0$68,722,899