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%16.2%
1 years$54,750$54,262$53,786$53,322$52,869$51,528
2 years$27,104$26,599$26,110$25,636$25,176$23,833
3 years$17,890$17,383$16,895$16,425$15,972$14,671
4 years$13,284$12,778$12,295$11,833$11,392$10,141
5 years$10,521$10,018$9,542$9,089$8,660$7,463
6 years$8,679$8,181$7,711$7,269$6,852$5,711
7 years$7,365$6,870$6,408$5,976$5,573$4,487
8 years$6,379$5,889$5,434$5,013$4,623$3,592
9 years$5,613$5,127$4,681$4,270$3,893$2,916
10 years$5,000$4,520$4,081$3,681$3,317$2,393
11 years$4,499$4,023$3,593$3,203$2,853$1,980
12 years$4,082$3,611$3,188$2,810$2,472$1,650
13 years$3,729$3,264$2,849$2,481$2,156$1,382
14 years$3,427$2,966$2,559$2,202$1,890$1,162
15 years$3,166$2,710$2,311$1,964$1,664$981
16 years$2,937$2,486$2,095$1,758$1,471$831
17 years$2,736$2,290$1,906$1,580$1,304$705
18 years$2,557$2,116$1,740$1,424$1,159$600
19 years$2,397$1,961$1,593$1,287$1,033$511
20 years$2,253$1,822$1,462$1,165$923$436
21 years$2,123$1,697$1,345$1,057$826$373
22 years$2,006$1,584$1,240$962$740$319
23 years$1,898$1,482$1,144$876$665$273
24 years$1,800$1,388$1,058$799$597$234
25 years$1,709$1,303$980$729$538$200
26 years$1,626$1,225$909$667$484$172
27 years$1,549$1,152$844$610$437$147
28 years$1,478$1,086$785$559$394$127
29 years$1,411$1,024$730$513$356$109
30 years$1,350$968$680$471$321$93
31 years$1,292$915$634$432$291$80
32 years$1,238$865$592$397$263$69
33 years$1,187$820$553$365$238$59
34 years$1,140$777$516$336$215$51
35 years$1,095$737$483$309$195$44
36 years$1,053$699$452$285$177$38
37 years$1,013$664$423$263$160$32
38 years$976$631$396$242$145$28
39 years$940$600$371$223$132$24
40 years$906$571$348$206$119$21
41 years$874$544$326$190$108$18
42 years$844$518$306$175$98$15
43 years$815$493$287$162$89$13
44 years$788$470$269$149$81$11
45 years$762$448$253$138$74$10
46 years$737$428$237$127$67$8
47 years$713$408$223$118$61$7
48 years$690$390$210$109$55$6
49 years$668$372$197$101$50$5
50 years$647$355$185$93$45$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $663,000, adding $6,104 every year, while hoping to spend $27,058 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: 42/36/22 Blend
29$663,000$663,000$663,000$663,000
30$736,922$701,783$691,507$762,899
31$783,299$707,381$685,883$787,580
32$833,499$712,346$679,163$811,223
33$887,884$716,620$671,284$836,281
34$946,852$720,137$662,175$862,896
35$1,010,838$722,832$651,766$891,230
36$1,080,325$724,632$639,981$921,461
37$1,155,841$725,461$626,743$953,788
38$1,237,967$725,239$611,969$988,430
39$1,327,342$723,879$595,573$1,025,632
40$1,424,672$721,290$577,466$1,065,664
41$1,530,731$717,375$557,553$1,108,828
42$1,646,371$712,032$535,737$1,155,456
43$1,772,531$705,152$511,914$1,205,920
44$1,910,243$696,619$485,977$1,260,628
45$2,060,645$686,310$457,814$1,320,036
46$2,224,988$674,096$427,308$1,384,647
47$2,404,650$659,840$394,336$1,455,019
48$2,601,147$643,395$358,770$1,531,770
49$2,816,151$624,609$320,475$1,615,585
50$3,051,501$603,317$279,313$1,707,222
51$3,309,221$579,347$235,138$1,807,520
52$3,591,543$552,516$187,796$1,917,408
53$3,900,922$522,631$137,129$2,037,913
54$4,240,064$489,487$82,970$2,170,172
55$4,611,947$452,869$25,146$2,315,444
56$5,019,853$412,547$0$2,475,120
57$5,467,397$368,280$0$2,659,321
58$5,958,559$319,814$0$2,868,024
59$6,497,724$266,877$0$3,097,246
60$7,089,723$209,185$0$3,349,115
61$7,739,877$146,437$0$3,625,981
62$8,454,047$78,315$0$3,930,435
63$9,238,691$4,483$0$4,265,339
64$10,100,921$0$0$4,633,851
65$11,048,575$0$0$5,069,332
66$12,090,287$0$0$5,550,080
67$13,235,569$0$0$6,078,719
68$14,494,899$0$0$6,660,100
69$15,879,824$0$0$7,299,564
70$17,403,065$0$0$8,002,998
71$19,078,636$0$0$8,776,886
72$20,921,980$0$0$9,628,375
73$22,950,111$0$0$10,565,338
74$25,181,775$0$0$11,596,449
75$27,637,627$0$0$12,731,268
76$30,340,427$0$0$13,980,325
77$33,315,251$0$0$15,355,225
78$36,589,729$0$0$16,868,756
79$40,194,309$0$0$18,535,007
80$44,162,538$0$0$20,369,503
81$48,531,380$0$0$22,389,352
82$53,341,569$0$0$24,613,403
83$58,637,987$0$0$27,062,428
84$64,470,090$0$0$29,759,315
85$70,892,375$0$0$32,729,285
86$77,964,892$0$0$36,000,128
87$85,753,814$0$0$39,602,471
88$94,332,055$0$0$43,570,058
89$103,779,965$0$0$47,940,075
90$114,186,081$0$0$52,753,498
91$125,647,970$0$0$58,055,482
92$138,273,140$0$0$63,895,784
93$152,180,064$0$0$70,329,234
94$167,499,290$0$0$77,416,253
95$184,374,678$0$0$85,223,420
96$202,964,756$0$0$93,824,106
97$223,444,213$0$0$103,299,161
98$246,005,552$0$0$113,737,679
99$270,860,903$0$0$125,237,838
100$298,244,028$0$0$137,907,830