Can I retire at age 30 with 665,000?

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 $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%12.3%
1 years$54,915$54,426$53,949$53,483$53,028$52,518
2 years$27,186$26,679$26,189$25,713$25,251$24,738
3 years$17,944$17,435$16,946$16,475$16,021$15,519
4 years$13,324$12,817$12,332$11,869$11,426$10,940
5 years$10,552$10,049$9,570$9,117$8,686$8,218
6 years$8,705$8,205$7,734$7,291$6,873$6,423
7 years$7,387$6,891$6,427$5,994$5,589$5,158
8 years$6,398$5,907$5,451$5,028$4,637$4,223
9 years$5,630$5,143$4,695$4,283$3,905$3,509
10 years$5,015$4,533$4,093$3,692$3,327$2,950
11 years$4,513$4,036$3,603$3,213$2,862$2,501
12 years$4,094$3,622$3,198$2,818$2,480$2,137
13 years$3,741$3,273$2,857$2,488$2,162$1,836
14 years$3,438$2,975$2,567$2,209$1,896$1,586
15 years$3,175$2,718$2,318$1,970$1,669$1,375
16 years$2,946$2,494$2,101$1,764$1,475$1,197
17 years$2,744$2,297$1,912$1,585$1,308$1,044
18 years$2,565$2,122$1,746$1,428$1,163$914
19 years$2,404$1,967$1,598$1,290$1,037$801
20 years$2,260$1,828$1,467$1,169$926$704
21 years$2,130$1,702$1,349$1,061$829$619
22 years$2,012$1,589$1,243$964$743$546
23 years$1,904$1,486$1,148$878$667$482
24 years$1,805$1,393$1,062$801$599$425
25 years$1,714$1,307$983$732$539$376
26 years$1,631$1,228$912$669$486$333
27 years$1,554$1,156$847$612$438$295
28 years$1,482$1,089$787$561$395$261
29 years$1,416$1,028$733$514$357$231
30 years$1,354$970$682$472$322$205
31 years$1,296$917$636$434$291$182
32 years$1,242$868$594$398$264$162
33 years$1,191$822$554$366$239$144
34 years$1,143$779$518$337$216$128
35 years$1,098$739$484$310$196$113
36 years$1,056$701$453$286$177$101
37 years$1,016$666$424$263$161$90
38 years$979$633$397$243$146$80
39 years$943$602$372$224$132$71
40 years$909$573$349$206$120$63
41 years$877$545$327$190$109$56
42 years$847$519$307$176$99$50
43 years$818$495$288$162$90$44
44 years$790$472$270$150$81$39
45 years$764$450$254$138$74$35
46 years$739$429$238$128$67$31
47 years$715$409$224$118$61$28
48 years$692$391$210$109$55$25
49 years$670$373$198$101$50$22
50 years$649$357$186$93$46$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $665,000, adding $4,313 every year, while hoping to spend $35,411 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: 25/46/29 Blend
29$665,000$665,000$665,000$665,000
30$737,279$702,034$691,726$748,944
31$774,804$698,756$677,222$755,786
32$814,970$694,132$661,045$759,840
33$858,009$688,056$643,102$763,459
34$904,175$680,420$623,295$766,629
35$953,748$671,107$601,522$769,342
36$1,007,033$659,994$577,676$771,591
37$1,064,368$646,951$551,646$773,371
38$1,126,121$631,839$523,313$774,683
39$1,192,698$614,513$492,557$775,531
40$1,264,545$594,816$459,250$775,925
41$1,342,152$572,585$423,258$775,882
42$1,426,056$547,646$384,441$775,423
43$1,516,849$519,816$342,655$774,580
44$1,615,181$488,900$297,748$773,392
45$1,721,766$454,693$249,559$771,910
46$1,837,392$416,978$197,925$770,196
47$1,962,921$375,525$142,670$768,325
48$2,099,304$330,092$83,615$766,388
49$2,247,588$280,421$20,572$764,494
50$2,408,923$226,243$0$762,768
51$2,584,575$167,270$0$775,814
52$2,775,936$103,201$0$797,084
53$2,984,540$33,716$0$820,474
54$3,212,073$0$0$846,286
55$3,460,393$0$0$895,877
56$3,731,543$0$0$968,768
57$4,027,773$0$0$1,048,513
58$4,351,560$0$0$1,135,790
59$4,705,632$0$0$1,231,351
60$5,092,991$0$0$1,336,019
61$5,516,943$0$0$1,450,704
62$5,981,128$0$0$1,576,407
63$6,489,557$0$0$1,714,230
64$7,046,644$0$0$1,865,388
65$7,657,250$0$0$2,031,217
66$8,326,732$0$0$2,213,191
67$9,060,987$0$0$2,412,932
68$9,866,511$0$0$2,632,228
69$10,750,460$0$0$2,873,047
70$11,720,714$0$0$3,137,558
71$12,785,957$0$0$3,428,150
72$13,955,750$0$0$3,747,455
73$15,240,630$0$0$4,098,373
74$16,652,202$0$0$4,484,098
75$18,203,250$0$0$4,908,149
76$19,907,859$0$0$5,374,403
77$21,781,547$0$0$5,887,132
78$23,841,408$0$0$6,451,043
79$26,106,276$0$0$7,071,320
80$28,596,902$0$0$7,753,677
81$31,336,147$0$0$8,504,409
82$34,349,200$0$0$9,330,451
83$37,663,812$0$0$10,239,445
84$41,310,560$0$0$11,239,811
85$45,323,136$0$0$12,340,826
86$49,738,660$0$0$13,552,713
87$54,598,032$0$0$14,886,736
88$59,946,321$0$0$16,355,307
89$65,833,183$0$0$17,972,100
90$72,313,334$0$0$19,752,186
91$79,447,062$0$0$21,712,169
92$87,300,801$0$0$23,870,346
93$95,947,750$0$0$26,246,878
94$105,468,570$0$0$28,863,982
95$115,952,138$0$0$31,746,138
96$127,496,393$0$0$34,920,322
97$140,209,252$0$0$38,416,259
98$154,209,631$0$0$42,266,705
99$169,628,568$0$0$46,507,753
100$186,610,458$0$0$51,179,179