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%19%
1 years$54,750$54,262$53,786$53,322$52,869$50,952
2 years$27,104$26,599$26,110$25,636$25,176$23,266
3 years$17,890$17,383$16,895$16,425$15,972$14,129
4 years$13,284$12,778$12,295$11,833$11,392$9,630
5 years$10,521$10,018$9,542$9,089$8,660$6,983
6 years$8,679$8,181$7,711$7,269$6,852$5,262
7 years$7,365$6,870$6,408$5,976$5,573$4,069
8 years$6,379$5,889$5,434$5,013$4,623$3,204
9 years$5,613$5,127$4,681$4,270$3,893$2,557
10 years$5,000$4,520$4,081$3,681$3,317$2,062
11 years$4,499$4,023$3,593$3,203$2,853$1,676
12 years$4,082$3,611$3,188$2,810$2,472$1,370
13 years$3,729$3,264$2,849$2,481$2,156$1,126
14 years$3,427$2,966$2,559$2,202$1,890$929
15 years$3,166$2,710$2,311$1,964$1,664$769
16 years$2,937$2,486$2,095$1,758$1,471$638
17 years$2,736$2,290$1,906$1,580$1,304$531
18 years$2,557$2,116$1,740$1,424$1,159$442
19 years$2,397$1,961$1,593$1,287$1,033$369
20 years$2,253$1,822$1,462$1,165$923$308
21 years$2,123$1,697$1,345$1,057$826$258
22 years$2,006$1,584$1,240$962$740$215
23 years$1,898$1,482$1,144$876$665$180
24 years$1,800$1,388$1,058$799$597$151
25 years$1,709$1,303$980$729$538$127
26 years$1,626$1,225$909$667$484$106
27 years$1,549$1,152$844$610$437$89
28 years$1,478$1,086$785$559$394$75
29 years$1,411$1,024$730$513$356$63
30 years$1,350$968$680$471$321$53
31 years$1,292$915$634$432$291$44
32 years$1,238$865$592$397$263$37
33 years$1,187$820$553$365$238$31
34 years$1,140$777$516$336$215$26
35 years$1,095$737$483$309$195$22
36 years$1,053$699$452$285$177$18
37 years$1,013$664$423$263$160$16
38 years$976$631$396$242$145$13
39 years$940$600$371$223$132$11
40 years$906$571$348$206$119$9
41 years$874$544$326$190$108$8
42 years$844$518$306$175$98$7
43 years$815$493$287$162$89$5
44 years$788$470$269$149$81$5
45 years$762$448$253$138$74$4
46 years$737$428$237$127$67$3
47 years$713$408$223$118$61$3
48 years$690$390$210$109$55$2
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 $6,518 every year, while hoping to spend $46,518 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: 72/10/18 Blend
29$663,000$663,000$663,000$663,000
30$737,349$702,210$691,934$786,858
31$763,064$687,124$665,619$805,526
32$789,843$669,739$636,863$819,732
33$817,745$649,894$605,536$834,096
34$846,834$627,418$571,501$848,627
35$877,179$602,129$534,614$863,334
36$908,854$573,837$494,726$878,227
37$941,939$542,337$451,682$893,320
38$976,522$507,416$405,318$908,629
39$1,012,694$468,847$355,463$924,173
40$1,050,558$426,389$301,940$939,973
41$1,090,223$379,790$244,563$956,057
42$1,131,808$328,782$183,138$972,454
43$1,175,441$273,082$117,463$989,199
44$1,221,263$212,390$47,325$1,006,332
45$1,269,426$146,391$0$1,023,901
46$1,320,094$74,751$0$1,047,245
47$1,373,448$0$0$1,081,182
48$1,429,684$0$0$1,117,047
49$1,489,014$0$0$1,163,576
50$1,551,670$0$0$1,212,728
51$1,617,908$0$0$1,264,702
52$1,688,002$0$0$1,319,719
53$1,762,256$0$0$1,378,017
54$1,840,999$0$0$1,439,858
55$1,924,592$0$0$1,505,527
56$2,013,429$0$0$1,575,336
57$2,107,943$0$0$1,649,628
58$2,208,605$0$0$1,728,776
59$2,315,933$0$0$1,813,190
60$2,430,493$0$0$1,903,319
61$2,552,905$0$0$1,999,654
62$2,683,850$0$0$2,102,735
63$2,824,074$0$0$2,213,152
64$2,974,395$0$0$2,331,553
65$3,135,710$0$0$2,458,651
66$3,309,003$0$0$2,595,224
67$3,495,356$0$0$2,742,131
68$3,695,956$0$0$2,900,311
69$3,912,104$0$0$3,070,797
70$4,145,234$0$0$3,254,725
71$4,396,917$0$0$3,453,341
72$4,668,881$0$0$3,668,014
73$4,963,024$0$0$3,900,251
74$5,281,435$0$0$4,151,706
75$5,626,408$0$0$4,424,199
76$6,000,465$0$0$4,719,731
77$6,406,381$0$0$5,040,500
78$6,847,207$0$0$5,388,928
79$7,326,300$0$0$5,767,676
80$7,847,352$0$0$6,179,672
81$8,414,424$0$0$6,628,139
82$9,031,988$0$0$7,116,620
83$9,704,960$0$0$7,649,017
84$10,438,755$0$0$8,229,623
85$11,239,329$0$0$8,863,164
86$12,113,240$0$0$9,554,842
87$13,067,706$0$0$10,310,380
88$14,110,674$0$0$11,136,084
89$15,250,891$0$0$12,038,891
90$16,497,990$0$0$13,026,443
91$17,862,575$0$0$14,107,152
92$19,356,325$0$0$15,290,282
93$20,992,097$0$0$16,586,034
94$22,784,053$0$0$18,005,641
95$24,747,788$0$0$19,561,474
96$26,900,476$0$0$21,267,159
97$29,261,034$0$0$23,137,702
98$31,850,294$0$0$25,189,631
99$34,691,205$0$0$27,441,151
100$37,809,043$0$0$29,912,315