Can I retire at age 30 with 663,000?

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 $663,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$54,750$54,262$53,786$53,322$52,869$51,013
2 years$27,104$26,599$26,110$25,636$25,176$23,326
3 years$17,890$17,383$16,895$16,425$15,972$14,186
4 years$13,284$12,778$12,295$11,833$11,392$9,683
5 years$10,521$10,018$9,542$9,089$8,660$7,033
6 years$8,679$8,181$7,711$7,269$6,852$5,308
7 years$7,365$6,870$6,408$5,976$5,573$4,112
8 years$6,379$5,889$5,434$5,013$4,623$3,244
9 years$5,613$5,127$4,681$4,270$3,893$2,594
10 years$5,000$4,520$4,081$3,681$3,317$2,095
11 years$4,499$4,023$3,593$3,203$2,853$1,706
12 years$4,082$3,611$3,188$2,810$2,472$1,398
13 years$3,729$3,264$2,849$2,481$2,156$1,151
14 years$3,427$2,966$2,559$2,202$1,890$952
15 years$3,166$2,710$2,311$1,964$1,664$789
16 years$2,937$2,486$2,095$1,758$1,471$656
17 years$2,736$2,290$1,906$1,580$1,304$547
18 years$2,557$2,116$1,740$1,424$1,159$457
19 years$2,397$1,961$1,593$1,287$1,033$382
20 years$2,253$1,822$1,462$1,165$923$320
21 years$2,123$1,697$1,345$1,057$826$268
22 years$2,006$1,584$1,240$962$740$225
23 years$1,898$1,482$1,144$876$665$189
24 years$1,800$1,388$1,058$799$597$158
25 years$1,709$1,303$980$729$538$133
26 years$1,626$1,225$909$667$484$112
27 years$1,549$1,152$844$610$437$94
28 years$1,478$1,086$785$559$394$79
29 years$1,411$1,024$730$513$356$67
30 years$1,350$968$680$471$321$56
31 years$1,292$915$634$432$291$47
32 years$1,238$865$592$397$263$40
33 years$1,187$820$553$365$238$33
34 years$1,140$777$516$336$215$28
35 years$1,095$737$483$309$195$24
36 years$1,053$699$452$285$177$20
37 years$1,013$664$423$263$160$17
38 years$976$631$396$242$145$14
39 years$940$600$371$223$132$12
40 years$906$571$348$206$119$10
41 years$874$544$326$190$108$8
42 years$844$518$306$175$98$7
43 years$815$493$287$162$89$6
44 years$788$470$269$149$81$5
45 years$762$448$253$138$74$4
46 years$737$428$237$127$67$4
47 years$713$408$223$118$61$3
48 years$690$390$210$109$55$3
49 years$668$372$197$101$50$2
50 years$647$355$185$93$45$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $663,000, adding $5,991 every year, while hoping to spend $38,032 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: 46/30/24 Blend
29$663,000$663,000$663,000$663,000
30$736,806$701,667$691,390$765,378
31$771,494$695,583$674,086$780,005
32$808,446$687,926$654,927$791,664
33$847,852$678,579$633,812$803,552
34$889,922$667,418$610,634$815,711
35$934,883$654,311$585,279$828,187
36$982,988$639,119$557,633$841,034
37$1,034,511$621,693$527,571$854,315
38$1,089,754$601,879$494,968$868,103
39$1,149,047$579,510$459,688$882,481
40$1,212,756$554,411$421,593$897,542
41$1,281,277$526,398$380,537$913,394
42$1,355,049$495,273$336,367$930,161
43$1,434,553$460,831$288,924$947,982
44$1,520,318$422,851$238,043$967,013
45$1,612,922$381,103$183,549$987,435
46$1,713,004$335,341$125,262$1,009,447
47$1,821,265$285,308$62,993$1,033,277
48$1,938,476$230,729$0$1,059,181
49$2,065,481$171,316$0$1,088,332
50$2,203,214$106,764$0$1,137,440
51$2,352,698$36,752$0$1,190,773
52$2,515,059$0$0$1,248,796
53$2,691,536$0$0$1,324,918
54$2,883,492$0$0$1,420,981
55$3,092,426$0$0$1,525,611
56$3,319,987$0$0$1,639,643
57$3,567,993$0$0$1,763,997
58$3,838,440$0$0$1,899,685
59$4,133,528$0$0$2,047,819
60$4,455,677$0$0$2,209,625
61$4,807,552$0$0$2,386,452
62$5,192,086$0$0$2,579,787
63$5,612,509$0$0$2,791,263
64$6,072,376$0$0$3,022,684
65$6,575,602$0$0$3,276,030
66$7,126,499$0$0$3,553,486
67$7,729,813$0$0$3,857,457
68$8,390,771$0$0$4,190,591
69$9,115,132$0$0$4,555,804
70$9,909,236$0$0$4,956,308
71$10,780,065$0$0$5,395,642
72$11,735,312$0$0$5,877,703
73$12,783,448$0$0$6,406,782
74$13,933,804$0$0$6,987,609
75$15,196,660$0$0$7,625,391
76$16,583,338$0$0$8,325,865
77$18,106,310$0$0$9,095,353
78$19,779,317$0$0$9,940,816
79$21,617,495$0$0$10,869,925
80$23,637,518$0$0$11,891,130
81$25,857,758$0$0$13,013,741
82$28,298,452$0$0$14,248,015
83$30,981,898$0$0$15,605,250
84$33,932,661$0$0$17,097,898
85$37,177,806$0$0$18,739,675
86$40,747,153$0$0$20,545,693
87$44,673,555$0$0$22,532,605
88$48,993,210$0$0$24,718,755
89$53,746,004$0$0$27,124,360
90$58,975,881$0$0$29,771,691
91$64,731,260$0$0$32,685,290
92$71,065,493$0$0$35,892,199
93$78,037,364$0$0$39,422,212
94$85,711,647$0$0$43,308,160
95$94,159,713$0$0$47,586,218
96$103,460,203$0$0$52,296,249
97$113,699,774$0$0$57,482,173
98$124,973,911$0$0$63,192,391
99$137,387,827$0$0$69,480,233
100$151,057,459$0$0$76,404,464