Can I retire at age 30 with 665,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $665,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$54,915$54,426$53,949$53,483$53,028$51,915
2 years$27,186$26,679$26,189$25,713$25,251$24,135
3 years$17,944$17,435$16,946$16,475$16,021$14,936
4 years$13,324$12,817$12,332$11,869$11,426$10,382
5 years$10,552$10,049$9,570$9,117$8,686$7,685
6 years$8,705$8,205$7,734$7,291$6,873$5,916
7 years$7,387$6,891$6,427$5,994$5,589$4,677
8 years$6,398$5,907$5,451$5,028$4,637$3,768
9 years$5,630$5,143$4,695$4,283$3,905$3,080
10 years$5,015$4,533$4,093$3,692$3,327$2,544
11 years$4,513$4,036$3,603$3,213$2,862$2,120
12 years$4,094$3,622$3,198$2,818$2,480$1,779
13 years$3,741$3,273$2,857$2,488$2,162$1,501
14 years$3,438$2,975$2,567$2,209$1,896$1,272
15 years$3,175$2,718$2,318$1,970$1,669$1,082
16 years$2,946$2,494$2,101$1,764$1,475$923
17 years$2,744$2,297$1,912$1,585$1,308$790
18 years$2,565$2,122$1,746$1,428$1,163$678
19 years$2,404$1,967$1,598$1,290$1,037$582
20 years$2,260$1,828$1,467$1,169$926$501
21 years$2,130$1,702$1,349$1,061$829$431
22 years$2,012$1,589$1,243$964$743$372
23 years$1,904$1,486$1,148$878$667$321
24 years$1,805$1,393$1,062$801$599$278
25 years$1,714$1,307$983$732$539$240
26 years$1,631$1,228$912$669$486$208
27 years$1,554$1,156$847$612$438$180
28 years$1,482$1,089$787$561$395$156
29 years$1,416$1,028$733$514$357$135
30 years$1,354$970$682$472$322$117
31 years$1,296$917$636$434$291$102
32 years$1,242$868$594$398$264$88
33 years$1,191$822$554$366$239$76
34 years$1,143$779$518$337$216$66
35 years$1,098$739$484$310$196$58
36 years$1,056$701$453$286$177$50
37 years$1,016$666$424$263$161$43
38 years$979$633$397$243$146$38
39 years$943$602$372$224$132$33
40 years$909$573$349$206$120$28
41 years$877$545$327$190$109$25
42 years$847$519$307$176$99$21
43 years$818$495$288$162$90$19
44 years$790$472$270$150$81$16
45 years$764$450$254$138$74$14
46 years$739$429$238$128$67$12
47 years$715$409$224$118$61$11
48 years$692$391$210$109$55$9
49 years$670$373$198$101$50$8
50 years$649$357$186$93$46$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $665,000, adding $5,092 every year, while hoping to spend $43,709 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: 42/28/30 Blend
29$665,000$665,000$665,000$665,000
30$738,082$702,837$692,530$762,420
31$766,861$690,770$669,224$768,417
32$797,110$676,647$643,672$770,445
33$828,933$660,321$615,753$771,823
34$862,443$641,636$585,340$772,519
35$897,764$620,427$552,300$772,500
36$935,029$596,521$516,495$771,736
37$974,384$569,733$477,780$770,193
38$1,015,989$539,868$436,003$767,842
39$1,060,018$506,719$391,007$764,654
40$1,106,660$470,069$342,626$760,601
41$1,156,122$429,686$290,688$755,659
42$1,208,633$385,326$235,012$749,804
43$1,264,439$336,733$175,410$743,018
44$1,323,812$283,633$111,686$735,286
45$1,387,048$225,738$43,635$726,596
46$1,454,473$162,745$0$716,944
47$1,526,443$94,333$0$715,611
48$1,603,347$20,163$0$728,834
49$1,685,614$0$0$742,724
50$1,773,711$0$0$775,912
51$1,868,154$0$0$818,205
52$1,969,506$0$0$863,652
53$2,078,386$0$0$912,537
54$2,195,474$0$0$965,173
55$2,321,515$0$0$1,021,904
56$2,457,329$0$0$1,083,107
57$2,603,814$0$0$1,149,198
58$2,761,960$0$0$1,220,631
59$2,932,852$0$0$1,297,909
60$3,117,685$0$0$1,381,582
61$3,317,769$0$0$1,472,254
62$3,534,547$0$0$1,570,593
63$3,769,605$0$0$1,677,329
64$4,024,687$0$0$1,793,268
65$4,301,711$0$0$1,919,296
66$4,602,786$0$0$2,056,387
67$4,930,233$0$0$2,205,612
68$5,286,605$0$0$2,368,152
69$5,674,713$0$0$2,545,305
70$6,097,647$0$0$2,738,499
71$6,558,809$0$0$2,949,305
72$7,061,945$0$0$3,179,456
73$7,611,177$0$0$3,430,856
74$8,211,041$0$0$3,705,602
75$8,866,532$0$0$4,006,003
76$9,583,148$0$0$4,334,602
77$10,366,945$0$0$4,694,198
78$11,224,589$0$0$5,087,872
79$12,163,418$0$0$5,519,019
80$13,191,517$0$0$5,991,378
81$14,317,786$0$0$6,509,063
82$15,552,027$0$0$7,076,609
83$16,905,037$0$0$7,699,009
84$18,388,705$0$0$8,381,763
85$20,016,126$0$0$9,130,927
86$21,801,726$0$0$9,953,173
87$23,761,391$0$0$10,855,852
88$25,912,622$0$0$11,847,059
89$28,274,698$0$0$12,935,713
90$30,868,853$0$0$14,131,637
91$33,718,482$0$0$15,445,654
92$36,849,354$0$0$16,889,688
93$40,289,860$0$0$18,476,873
94$44,071,277$0$0$20,221,681
95$48,228,062$0$0$22,140,055
96$52,798,176$0$0$24,249,560
97$57,823,444$0$0$26,569,547
98$63,349,945$0$0$29,121,339
99$69,428,447$0$0$31,928,426
100$76,114,885$0$0$35,016,694