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%15.4%
1 years$54,750$54,262$53,786$53,322$52,869$51,695
2 years$27,104$26,599$26,110$25,636$25,176$24,000
3 years$17,890$17,383$16,895$16,425$15,972$14,831
4 years$13,284$12,778$12,295$11,833$11,392$10,293
5 years$10,521$10,018$9,542$9,089$8,660$7,607
6 years$8,679$8,181$7,711$7,269$6,852$5,846
7 years$7,365$6,870$6,408$5,976$5,573$4,614
8 years$6,379$5,889$5,434$5,013$4,623$3,711
9 years$5,613$5,127$4,681$4,270$3,893$3,028
10 years$5,000$4,520$4,081$3,681$3,317$2,497
11 years$4,499$4,023$3,593$3,203$2,853$2,077
12 years$4,082$3,611$3,188$2,810$2,472$1,739
13 years$3,729$3,264$2,849$2,481$2,156$1,464
14 years$3,427$2,966$2,559$2,202$1,890$1,238
15 years$3,166$2,710$2,311$1,964$1,664$1,051
16 years$2,937$2,486$2,095$1,758$1,471$895
17 years$2,736$2,290$1,906$1,580$1,304$764
18 years$2,557$2,116$1,740$1,424$1,159$654
19 years$2,397$1,961$1,593$1,287$1,033$561
20 years$2,253$1,822$1,462$1,165$923$481
21 years$2,123$1,697$1,345$1,057$826$414
22 years$2,006$1,584$1,240$962$740$356
23 years$1,898$1,482$1,144$876$665$307
24 years$1,800$1,388$1,058$799$597$264
25 years$1,709$1,303$980$729$538$228
26 years$1,626$1,225$909$667$484$197
27 years$1,549$1,152$844$610$437$170
28 years$1,478$1,086$785$559$394$147
29 years$1,411$1,024$730$513$356$127
30 years$1,350$968$680$471$321$110
31 years$1,292$915$634$432$291$95
32 years$1,238$865$592$397$263$82
33 years$1,187$820$553$365$238$71
34 years$1,140$777$516$336$215$62
35 years$1,095$737$483$309$195$53
36 years$1,053$699$452$285$177$46
37 years$1,013$664$423$263$160$40
38 years$976$631$396$242$145$35
39 years$940$600$371$223$132$30
40 years$906$571$348$206$119$26
41 years$874$544$326$190$108$22
42 years$844$518$306$175$98$19
43 years$815$493$287$162$89$17
44 years$788$470$269$149$81$15
45 years$762$448$253$138$74$13
46 years$737$428$237$127$67$11
47 years$713$408$223$118$61$10
48 years$690$390$210$109$55$8
49 years$668$372$197$101$50$7
50 years$647$355$185$93$45$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $663,000, adding $4,934 every year, while hoping to spend $30,328 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: 76/9/15 Blend
29$663,000$663,000$663,000$663,000
30$735,715$700,576$690,300$788,889
31$778,490$702,636$681,156$826,739
32$824,610$703,780$670,690$863,940
33$874,387$703,931$658,824$903,894
34$928,159$703,009$645,480$946,868
35$986,301$700,925$630,572$993,152
36$1,049,222$697,589$614,015$1,043,068
37$1,117,374$692,903$595,716$1,096,971
38$1,191,253$686,762$575,580$1,155,251
39$1,271,405$679,058$553,506$1,218,340
40$1,358,430$669,673$529,390$1,286,714
41$1,452,988$658,485$503,122$1,360,897
42$1,555,804$645,362$474,588$1,441,466
43$1,667,678$630,167$443,669$1,529,059
44$1,789,489$612,752$410,239$1,624,379
45$1,922,202$592,963$374,168$1,728,202
46$2,066,884$570,635$335,320$1,841,381
47$2,224,704$545,595$293,551$1,964,860
48$2,396,953$517,657$248,714$2,099,679
49$2,585,049$486,629$200,652$2,246,982
50$2,790,554$452,304$149,204$2,408,035
51$3,015,188$414,465$94,201$2,584,231
52$3,260,845$372,882$35,464$2,777,106
53$3,529,609$327,311$0$2,988,356
54$3,823,777$277,496$0$3,224,205
55$4,145,875$223,166$0$3,488,698
56$4,498,687$164,035$0$3,778,457
57$4,885,279$99,798$0$4,096,021
58$5,309,027$30,138$0$4,444,187
59$5,773,649$0$0$4,826,036
60$6,283,240$0$0$5,249,451
61$6,842,310$0$0$5,717,277
62$7,455,828$0$0$6,230,693
63$8,129,267$0$0$6,794,279
64$8,868,654$0$0$7,413,085
65$9,680,630$0$0$8,092,672
66$10,572,510$0$0$8,839,165
67$11,552,352$0$0$9,659,313
68$12,629,034$0$0$10,560,551
69$13,812,334$0$0$11,551,068
70$15,113,028$0$0$12,639,889
71$16,542,986$0$0$13,836,954
72$18,115,285$0$0$15,153,215
73$19,844,334$0$0$16,600,738
74$21,746,006$0$0$18,192,819
75$23,837,791$0$0$19,944,104
76$26,138,959$0$0$21,870,732
77$28,670,743$0$0$23,990,485
78$31,456,536$0$0$26,322,954
79$34,522,113$0$0$28,889,727
80$37,895,874$0$0$31,714,588
81$41,609,113$0$0$34,823,745
82$45,696,310$0$0$38,246,075
83$50,195,458$0$0$42,013,398
84$55,148,419$0$0$46,160,774
85$60,601,323$0$0$50,726,836
86$66,604,998$0$0$55,754,152
87$73,215,452$0$0$61,289,630
88$80,494,399$0$0$67,384,955
89$88,509,844$0$0$74,097,084
90$97,336,723$0$0$81,488,773
91$107,057,607$0$0$89,629,179
92$117,763,487$0$0$98,594,506
93$129,554,626$0$0$108,468,725
94$142,541,508$0$0$119,344,369
95$156,845,880$0$0$131,323,401
96$172,601,899$0$0$144,518,180
97$189,957,402$0$0$159,052,521
98$209,075,293$0$0$175,062,858
99$230,135,091$0$0$192,699,541
100$253,334,612$0$0$212,128,243