Can I retire at age 30 with 648,000?

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 $648,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$53,511$53,035$52,570$52,116$51,672$50,547
2 years$26,491$25,997$25,519$25,056$24,606$23,477
3 years$17,485$16,990$16,513$16,053$15,611$14,515
4 years$12,983$12,489$12,017$11,566$11,134$10,079
5 years$10,283$9,792$9,326$8,883$8,464$7,452
6 years$8,483$7,996$7,537$7,104$6,697$5,731
7 years$7,198$6,715$6,263$5,841$5,447$4,525
8 years$6,235$5,756$5,311$4,900$4,518$3,642
9 years$5,486$5,011$4,575$4,173$3,805$2,973
10 years$4,887$4,417$3,988$3,598$3,242$2,453
11 years$4,397$3,932$3,511$3,131$2,788$2,042
12 years$3,990$3,530$3,116$2,746$2,416$1,711
13 years$3,645$3,190$2,784$2,425$2,107$1,442
14 years$3,350$2,899$2,502$2,152$1,847$1,220
15 years$3,094$2,649$2,259$1,919$1,626$1,036
16 years$2,871$2,430$2,048$1,719$1,437$883
17 years$2,674$2,238$1,863$1,544$1,274$755
18 years$2,499$2,068$1,701$1,392$1,133$646
19 years$2,343$1,917$1,557$1,257$1,010$554
20 years$2,202$1,781$1,429$1,139$902$476
21 years$2,075$1,659$1,314$1,034$807$410
22 years$1,960$1,549$1,211$940$724$353
23 years$1,855$1,448$1,119$856$650$304
24 years$1,759$1,357$1,035$781$584$262
25 years$1,671$1,273$958$713$525$227
26 years$1,589$1,197$889$652$473$196
27 years$1,514$1,126$825$597$427$169
28 years$1,444$1,061$767$547$385$146
29 years$1,379$1,001$714$501$348$127
30 years$1,319$946$665$460$314$110
31 years$1,263$894$620$423$284$95
32 years$1,210$846$578$388$257$82
33 years$1,160$801$540$357$232$71
34 years$1,114$759$505$329$210$62
35 years$1,070$720$472$302$191$53
36 years$1,029$683$441$279$173$46
37 years$990$649$413$257$157$40
38 years$954$617$387$237$142$35
39 years$919$587$362$218$129$30
40 years$886$558$340$201$117$26
41 years$855$531$319$186$106$23
42 years$825$506$299$171$96$20
43 years$797$482$280$158$87$17
44 years$770$460$263$146$79$15
45 years$744$438$247$135$72$13
46 years$720$418$232$125$65$11
47 years$697$399$218$115$59$10
48 years$674$381$205$106$54$8
49 years$653$364$193$98$49$7
50 years$633$347$181$91$44$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $648,000, adding $4,063 every year, while hoping to spend $32,061 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: 52/32/16 Blend
29$648,000$648,000$648,000$648,000
30$718,287$683,943$673,899$752,319
31$757,440$683,344$662,362$775,483
32$799,511$681,640$649,364$796,950
33$844,766$678,745$634,822$819,589
34$893,493$674,565$618,650$843,518
35$946,011$669,000$600,756$868,874
36$1,002,669$661,946$581,047$895,805
37$1,063,852$653,292$559,422$924,477
38$1,129,981$642,920$535,779$955,076
39$1,201,520$630,704$510,009$987,808
40$1,278,980$616,512$481,998$1,022,901
41$1,362,919$600,205$451,628$1,060,611
42$1,453,955$581,633$418,776$1,101,220
43$1,552,765$560,640$383,312$1,145,043
44$1,660,094$537,059$345,100$1,192,428
45$1,776,764$510,714$304,001$1,243,764
46$1,903,674$481,420$259,866$1,299,480
47$2,041,819$448,979$212,541$1,360,053
48$2,192,289$413,184$161,865$1,426,014
49$2,356,287$373,814$107,672$1,497,949
50$2,535,134$330,637$49,785$1,576,509
51$2,730,287$283,407$0$1,662,416
52$2,943,347$231,865$0$1,758,516
53$3,176,079$175,737$0$1,872,851
54$3,430,423$114,732$0$1,997,928
55$3,708,517$48,545$0$2,134,870
56$4,012,716$0$0$2,284,915
57$4,345,609$0$0$2,457,586
58$4,710,050$0$0$2,665,398
59$5,109,182$0$0$2,893,057
60$5,546,465$0$0$3,142,544
61$6,025,709$0$0$3,416,042
62$6,551,111$0$0$3,715,955
63$7,127,294$0$0$4,044,931
64$7,759,349$0$0$4,405,886
65$8,452,883$0$0$4,802,032
66$9,214,073$0$0$5,236,908
67$10,049,723$0$0$5,714,410
68$10,967,327$0$0$6,238,833
69$11,975,142$0$0$6,814,906
70$13,082,262$0$0$7,447,839
71$14,298,706$0$0$8,143,372
72$15,635,512$0$0$8,907,829
73$17,104,840$0$0$9,748,177
74$18,720,087$0$0$10,672,090
75$20,496,011$0$0$11,688,024
76$22,448,873$0$0$12,805,297
77$24,596,589$0$0$14,034,171
78$26,958,897$0$0$15,385,957
79$29,557,543$0$0$16,873,115
80$32,416,491$0$0$18,509,373
81$35,562,139$0$0$20,309,859
82$39,023,577$0$0$22,291,238
83$42,832,856$0$0$24,471,876
84$47,025,291$0$0$26,872,007
85$51,639,794$0$0$29,513,928
86$56,719,241$0$0$32,422,206
87$62,310,876$0$0$35,623,910
88$68,466,755$0$0$39,148,869
89$75,244,239$0$0$43,029,951
90$82,706,533$0$0$47,303,372
91$90,923,283$0$0$52,009,039
92$99,971,234$0$0$57,190,928
93$109,934,950$0$0$62,897,493
94$120,907,615$0$0$69,182,130
95$132,991,909$0$0$76,103,677
96$146,300,980$0$0$83,726,967
97$160,959,509$0$0$92,123,447
98$177,104,886$0$0$101,371,841
99$194,888,509$0$0$111,558,903
100$214,477,208$0$0$122,780,231