Can I retire at age 30 with 652,000?

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 $652,000?

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$53,842$53,362$52,894$52,437$51,991$50,087
2 years$26,654$26,158$25,677$25,210$24,758$22,860
3 years$17,593$17,094$16,615$16,152$15,707$13,876
4 years$13,063$12,566$12,091$11,637$11,203$9,452
5 years$10,346$9,852$9,383$8,938$8,516$6,851
6 years$8,535$8,045$7,583$7,148$6,738$5,160
7 years$7,242$6,756$6,302$5,877$5,480$3,987
8 years$6,273$5,791$5,344$4,930$4,546$3,138
9 years$5,520$5,042$4,603$4,199$3,829$2,503
10 years$4,917$4,445$4,013$3,620$3,262$2,017
11 years$4,425$3,957$3,533$3,150$2,806$1,638
12 years$4,014$3,551$3,135$2,763$2,431$1,339
13 years$3,668$3,209$2,801$2,439$2,120$1,099
14 years$3,371$2,917$2,517$2,165$1,858$906
15 years$3,113$2,665$2,272$1,931$1,636$750
16 years$2,889$2,445$2,060$1,729$1,446$622
17 years$2,690$2,252$1,875$1,554$1,282$517
18 years$2,515$2,081$1,711$1,400$1,140$430
19 years$2,357$1,928$1,567$1,265$1,016$358
20 years$2,216$1,792$1,438$1,146$908$299
21 years$2,088$1,669$1,323$1,040$812$250
22 years$1,972$1,558$1,219$946$728$209
23 years$1,867$1,457$1,126$861$654$175
24 years$1,770$1,365$1,041$785$587$146
25 years$1,681$1,281$964$717$529$123
26 years$1,599$1,204$894$656$476$103
27 years$1,523$1,133$830$600$429$86
28 years$1,453$1,068$772$550$387$72
29 years$1,388$1,007$718$504$350$61
30 years$1,327$951$669$463$316$51
31 years$1,270$899$624$425$286$43
32 years$1,217$851$582$391$258$36
33 years$1,168$806$543$359$234$30
34 years$1,121$764$508$331$212$25
35 years$1,077$725$475$304$192$21
36 years$1,036$688$444$280$174$18
37 years$996$653$416$258$158$15
38 years$959$621$389$238$143$12
39 years$925$590$365$219$130$10
40 years$891$562$342$202$117$9
41 years$860$535$320$187$107$7
42 years$830$509$301$172$97$6
43 years$802$485$282$159$88$5
44 years$775$462$265$147$80$4
45 years$749$441$249$136$72$4
46 years$724$421$234$125$66$3
47 years$701$401$219$116$60$3
48 years$679$383$206$107$54$2
49 years$657$366$194$99$49$2
50 years$637$350$182$91$45$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $652,000, adding $4,196 every year, while hoping to spend $47,691 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: 44/30/26 Blend
29$652,000$652,000$652,000$652,000
30$722,832$688,276$678,170$749,023
31$745,818$671,259$650,146$751,043
32$769,550$651,809$619,585$748,327
33$794,055$629,758$586,351$744,451
34$819,357$604,925$550,303$739,335
35$845,487$577,122$511,293$732,892
36$872,472$546,146$469,167$725,033
37$900,343$511,786$423,763$715,661
38$929,132$473,818$374,913$704,676
39$958,871$432,003$322,440$691,973
40$989,595$386,090$266,161$677,439
41$1,021,340$335,815$205,884$660,957
42$1,054,144$280,896$141,407$642,403
43$1,088,045$221,038$72,523$621,647
44$1,123,084$155,928$0$598,552
45$1,159,306$85,236$0$573,249
46$1,196,755$8,612$0$566,799
47$1,235,478$0$0$558,969
48$1,275,526$0$0$574,192
49$1,316,951$0$0$592,883
50$1,359,807$0$0$612,224
51$1,404,154$0$0$632,243
52$1,450,052$0$0$652,966
53$1,497,565$0$0$674,426
54$1,546,763$0$0$696,651
55$1,597,716$0$0$719,678
56$1,650,503$0$0$743,539
57$1,705,202$0$0$768,274
58$1,761,902$0$0$793,923
59$1,820,691$0$0$820,526
60$1,881,669$0$0$848,131
61$1,944,936$0$0$876,784
62$2,010,604$0$0$906,538
63$2,078,790$0$0$937,446
64$2,149,619$0$0$969,568
65$2,223,224$0$0$1,002,966
66$2,299,748$0$0$1,037,708
67$2,379,345$0$0$1,073,865
68$2,462,180$0$0$1,111,515
69$2,548,428$0$0$1,150,741
70$2,638,279$0$0$1,191,633
71$2,731,937$0$0$1,234,286
72$2,829,622$0$0$1,278,804
73$2,931,570$0$0$1,325,300
74$3,038,036$0$0$1,373,895
75$3,149,297$0$0$1,424,718
76$3,265,650$0$0$1,477,913
77$3,387,417$0$0$1,533,631
78$3,514,947$0$0$1,592,039
79$3,648,619$0$0$1,653,316
80$3,788,843$0$0$1,717,659
81$3,936,063$0$0$1,785,280
82$4,090,764$0$0$1,856,410
83$4,253,471$0$0$1,931,299
84$4,424,755$0$0$2,010,221
85$4,605,240$0$0$2,093,473
86$4,795,603$0$0$2,181,382
87$4,996,582$0$0$2,274,299
88$5,208,984$0$0$2,372,613
89$5,433,687$0$0$2,476,744
90$5,671,652$0$0$2,587,153
91$5,923,927$0$0$2,704,344
92$6,191,658$0$0$2,828,868
93$6,476,097$0$0$2,961,326
94$6,778,614$0$0$3,102,379
95$7,100,711$0$0$3,252,747
96$7,444,027$0$0$3,413,222
97$7,810,361$0$0$3,584,668
98$8,201,684$0$0$3,768,037
99$8,620,153$0$0$3,964,367
100$9,068,136$0$0$4,174,801