Can I retire at age 30 with 643,000?

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 $643,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$53,098$52,625$52,164$51,714$51,274$50,654
2 years$26,286$25,797$25,322$24,862$24,416$23,792
3 years$17,350$16,858$16,385$15,929$15,491$14,882
4 years$12,883$12,393$11,924$11,476$11,048$10,460
5 years$10,203$9,716$9,254$8,815$8,399$7,832
6 years$8,417$7,934$7,478$7,049$6,645$6,102
7 years$7,142$6,663$6,215$5,796$5,405$4,883
8 years$6,186$5,711$5,270$4,862$4,484$3,985
9 years$5,443$4,973$4,539$4,141$3,776$3,300
10 years$4,849$4,383$3,958$3,570$3,217$2,763
11 years$4,364$3,902$3,484$3,107$2,767$2,335
12 years$3,959$3,502$3,092$2,725$2,398$1,987
13 years$3,617$3,165$2,763$2,406$2,091$1,701
14 years$3,324$2,877$2,482$2,136$1,833$1,463
15 years$3,070$2,628$2,241$1,905$1,614$1,263
16 years$2,849$2,411$2,032$1,705$1,426$1,095
17 years$2,653$2,221$1,849$1,532$1,265$952
18 years$2,480$2,052$1,688$1,381$1,124$829
19 years$2,325$1,902$1,545$1,248$1,002$724
20 years$2,185$1,767$1,418$1,130$895$633
21 years$2,059$1,646$1,304$1,026$801$555
22 years$1,945$1,537$1,202$933$718$487
23 years$1,841$1,437$1,110$849$645$427
24 years$1,745$1,347$1,027$775$579$376
25 years$1,658$1,264$951$707$521$331
26 years$1,577$1,188$882$647$470$291
27 years$1,502$1,118$819$592$423$257
28 years$1,433$1,053$761$542$382$226
29 years$1,369$994$708$497$345$200
30 years$1,309$938$660$456$312$176
31 years$1,253$887$615$419$282$156
32 years$1,201$839$574$385$255$137
33 years$1,152$795$536$354$231$121
34 years$1,105$753$501$326$209$107
35 years$1,062$715$468$300$189$95
36 years$1,021$678$438$276$171$84
37 years$983$644$410$255$155$74
38 years$946$612$384$235$141$66
39 years$912$582$360$216$128$58
40 years$879$554$337$200$116$51
41 years$848$527$316$184$105$45
42 years$819$502$296$170$95$40
43 years$791$478$278$157$87$36
44 years$764$456$261$145$79$32
45 years$739$435$245$134$71$28
46 years$714$415$230$124$65$25
47 years$691$396$216$114$59$22
48 years$669$378$203$106$53$19
49 years$648$361$191$98$49$17
50 years$628$345$180$90$44$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $643,000, adding $5,905 every year, while hoping to spend $23,408 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: 62/21/17 Blend
29$643,000$643,000$643,000$643,000
30$714,677$680,598$670,632$755,569
31$762,668$689,041$668,192$792,245
32$814,770$697,114$664,886$829,103
33$871,377$704,773$660,660$868,788
34$932,923$711,972$655,457$911,577
35$999,885$718,663$649,220$957,774
36$1,072,790$724,794$641,885$1,007,718
37$1,152,215$730,309$633,388$1,061,779
38$1,238,796$735,150$623,662$1,120,367
39$1,333,233$739,253$612,635$1,183,934
40$1,436,298$742,551$600,233$1,252,979
41$1,548,838$744,974$586,379$1,328,053
42$1,671,788$746,445$570,991$1,409,762
43$1,806,175$746,886$553,983$1,498,777
44$1,953,131$746,210$535,268$1,595,837
45$2,113,902$744,326$514,752$1,701,756
46$2,289,862$741,139$492,337$1,817,434
47$2,482,519$736,547$467,922$1,943,863
48$2,693,539$730,441$441,401$2,082,138
49$2,924,754$722,706$412,662$2,233,465
50$3,178,182$713,222$381,589$2,399,177
51$3,456,045$701,858$348,061$2,580,742
52$3,760,792$688,479$311,950$2,779,781
53$4,095,118$672,940$273,126$2,998,081
54$4,461,993$655,087$231,448$3,237,612
55$4,864,688$634,758$186,774$3,500,549
56$5,306,806$611,781$138,951$3,789,289
57$5,792,318$585,975$87,823$4,106,477
58$6,325,594$557,148$33,225$4,455,029
59$6,911,451$525,095$0$4,838,161
60$7,555,197$489,603$0$5,263,961
61$8,262,676$450,442$0$5,738,527
62$9,040,329$407,374$0$6,260,171
63$9,895,251$360,143$0$6,833,685
64$10,835,257$308,481$0$7,464,350
65$11,868,962$252,105$0$8,157,989
66$13,005,852$190,714$0$8,921,017
67$14,256,382$123,992$0$9,760,507
68$15,632,070$51,605$0$10,684,254
69$17,145,607$0$0$11,700,853
70$18,810,975$0$0$12,825,966
71$20,643,581$0$0$14,077,243
72$22,660,400$0$0$15,454,355
73$24,880,136$0$0$16,970,081
74$27,323,400$0$0$18,638,502
75$30,012,899$0$0$20,475,133
76$32,973,656$0$0$22,497,068
77$36,233,243$0$0$24,723,145
78$39,822,041$0$0$27,174,120
79$43,773,525$0$0$29,872,865
80$48,124,585$0$0$32,844,581
81$52,915,866$0$0$36,117,041
82$58,192,160$0$0$39,720,844
83$64,002,820$0$0$43,689,710
84$70,402,231$0$0$48,060,798
85$77,450,323$0$0$52,875,050
86$85,213,133$0$0$58,177,586
87$93,763,430$0$0$64,018,123
88$103,181,402$0$0$70,451,447
89$113,555,412$0$0$77,537,929
90$124,982,830$0$0$85,344,096
91$137,570,954$0$0$93,943,258
92$151,438,023$0$0$103,416,196
93$166,714,331$0$0$113,851,933
94$183,543,455$0$0$125,348,564
95$202,083,614$0$0$138,014,189
96$222,509,160$0$0$151,967,929
97$245,012,221$0$0$167,341,055
98$269,804,518$0$0$184,278,220
99$297,119,364$0$0$202,938,830
100$327,213,859$0$0$223,498,545