Can I retire at age 30 with 655,000?

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 $655,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$54,089$53,607$53,137$52,679$52,231$50,803
2 years$26,777$26,278$25,795$25,326$24,872$23,444
3 years$17,674$17,173$16,691$16,227$15,780$14,396
4 years$13,123$12,624$12,147$11,690$11,254$9,926
5 years$10,394$9,897$9,426$8,979$8,555$7,286
6 years$8,575$8,082$7,618$7,181$6,769$5,560
7 years$7,276$6,787$6,331$5,904$5,505$4,356
8 years$6,302$5,818$5,369$4,953$4,567$3,477
9 years$5,545$5,066$4,624$4,218$3,846$2,814
10 years$4,940$4,465$4,031$3,636$3,277$2,302
11 years$4,445$3,975$3,549$3,165$2,819$1,899
12 years$4,033$3,568$3,150$2,776$2,442$1,577
13 years$3,684$3,224$2,814$2,451$2,130$1,316
14 years$3,386$2,931$2,529$2,175$1,867$1,103
15 years$3,128$2,677$2,283$1,940$1,644$928
16 years$2,902$2,456$2,070$1,737$1,453$783
17 years$2,703$2,262$1,883$1,561$1,288$662
18 years$2,526$2,090$1,719$1,407$1,145$561
19 years$2,368$1,937$1,574$1,271$1,021$476
20 years$2,226$1,800$1,445$1,151$912$405
21 years$2,098$1,677$1,329$1,045$816$345
22 years$1,981$1,565$1,225$950$731$294
23 years$1,875$1,464$1,131$865$657$250
24 years$1,778$1,372$1,046$789$590$214
25 years$1,689$1,287$969$721$531$182
26 years$1,606$1,210$898$659$478$156
27 years$1,530$1,139$834$603$431$133
28 years$1,460$1,073$775$553$389$114
29 years$1,394$1,012$722$507$351$97
30 years$1,333$956$672$465$318$83
31 years$1,276$904$627$427$287$71
32 years$1,223$855$585$392$260$61
33 years$1,173$810$546$361$235$52
34 years$1,126$767$510$332$213$45
35 years$1,082$728$477$306$193$38
36 years$1,040$691$446$282$175$33
37 years$1,001$656$418$259$158$28
38 years$964$624$391$239$143$24
39 years$929$593$366$220$130$21
40 years$895$564$343$203$118$18
41 years$864$537$322$188$107$15
42 years$834$511$302$173$97$13
43 years$805$487$283$160$88$11
44 years$778$464$266$148$80$10
45 years$752$443$250$136$73$8
46 years$728$423$235$126$66$7
47 years$704$403$220$116$60$6
48 years$682$385$207$107$54$5
49 years$660$368$195$99$49$4
50 years$640$351$183$92$45$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $655,000, adding $3,225 every year, while hoping to spend $38,867 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: 57/28/15 Blend
29$655,000$655,000$655,000$655,000
30$725,137$690,422$680,269$763,481
31$757,746$682,898$661,704$782,312
32$792,380$673,703$641,214$798,289
33$829,202$662,714$618,694$814,803
34$868,394$649,801$594,034$831,912
35$910,154$634,825$567,118$849,682
36$954,699$617,640$537,825$868,187
37$1,002,266$598,092$506,030$887,512
38$1,053,116$576,018$471,601$907,752
39$1,107,534$551,243$434,400$929,015
40$1,165,833$523,585$394,283$951,421
41$1,228,357$492,849$351,101$975,105
42$1,295,481$458,831$304,695$1,000,219
43$1,367,621$421,314$254,902$1,026,935
44$1,445,228$380,068$201,552$1,055,443
45$1,528,802$334,852$144,464$1,085,958
46$1,618,889$285,410$83,454$1,118,720
47$1,716,092$231,470$18,325$1,153,996
48$1,821,069$172,748$0$1,192,087
49$1,934,546$108,941$0$1,241,517
50$2,057,322$39,732$0$1,298,131
51$2,190,273$0$0$1,359,445
52$2,334,363$0$0$1,436,811
53$2,490,651$0$0$1,534,053
54$2,660,303$0$0$1,639,660
55$2,844,602$0$0$1,754,437
56$3,044,956$0$0$1,879,268
57$3,262,919$0$0$2,015,127
58$3,500,196$0$0$2,163,085
59$3,758,665$0$0$2,324,321
60$4,040,395$0$0$2,500,132
61$4,347,658$0$0$2,691,946
62$4,682,960$0$0$2,901,334
63$5,049,055$0$0$3,130,026
64$5,448,977$0$0$3,379,926
65$5,886,067$0$0$3,653,132
66$6,364,000$0$0$3,951,950
67$6,886,825$0$0$4,278,924
68$7,459,001$0$0$4,636,850
69$8,085,434$0$0$5,028,812
70$8,771,530$0$0$5,458,202
71$9,523,242$0$0$5,928,759
72$10,347,124$0$0$6,444,597
73$11,250,396$0$0$7,010,251
74$12,241,010$0$0$7,630,713
75$13,327,723$0$0$8,311,483
76$14,520,183$0$0$9,058,618
77$15,829,013$0$0$9,878,791
78$17,265,919$0$0$10,779,352
79$18,843,793$0$0$11,768,397
80$20,576,838$0$0$12,854,846
81$22,480,700$0$0$14,048,523
82$24,572,614$0$0$15,360,254
83$26,871,567$0$0$16,801,963
84$29,398,479$0$0$18,386,787
85$32,176,396$0$0$20,129,201
86$35,230,707$0$0$22,045,151
87$38,589,386$0$0$24,152,204
88$42,283,252$0$0$26,469,719
89$46,346,262$0$0$29,019,020
90$50,815,828$0$0$31,823,606
91$55,733,169$0$0$34,909,366
92$61,143,705$0$0$38,304,825
93$67,097,477$0$0$42,041,415
94$73,649,622$0$0$46,153,766
95$80,860,895$0$0$50,680,037
96$88,798,236$0$0$55,662,273
97$97,535,407$0$0$61,146,802
98$107,153,681$0$0$67,184,674
99$117,742,613$0$0$73,832,136
100$129,400,883$0$0$81,151,170