Can I retire at age 30 with 666,000?

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 $666,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$54,998$54,508$54,030$53,563$53,108$51,021
2 years$27,227$26,719$26,228$25,752$25,289$23,212
3 years$17,971$17,461$16,971$16,499$16,045$14,043
4 years$13,344$12,836$12,351$11,887$11,443$9,532
5 years$10,568$10,064$9,585$9,130$8,699$6,883
6 years$8,719$8,218$7,746$7,302$6,883$5,164
7 years$7,398$6,901$6,437$6,003$5,598$3,975
8 years$6,408$5,916$5,459$5,036$4,644$3,115
9 years$5,638$5,151$4,702$4,289$3,911$2,474
10 years$5,023$4,540$4,099$3,697$3,332$1,985
11 years$4,520$4,042$3,609$3,218$2,866$1,605
12 years$4,101$3,628$3,203$2,823$2,483$1,305
13 years$3,746$3,278$2,861$2,492$2,166$1,067
14 years$3,443$2,980$2,571$2,212$1,898$875
15 years$3,180$2,722$2,321$1,973$1,672$720
16 years$2,951$2,498$2,105$1,766$1,477$594
17 years$2,748$2,300$1,915$1,587$1,310$491
18 years$2,569$2,125$1,748$1,430$1,165$407
19 years$2,408$1,970$1,600$1,292$1,038$337
20 years$2,264$1,830$1,469$1,170$927$280
21 years$2,133$1,705$1,351$1,062$830$233
22 years$2,015$1,592$1,245$966$744$193
23 years$1,907$1,489$1,150$880$668$161
24 years$1,808$1,395$1,063$802$600$134
25 years$1,717$1,309$985$733$540$112
26 years$1,633$1,230$913$670$486$93
27 years$1,556$1,158$848$613$439$78
28 years$1,484$1,091$788$562$396$65
29 years$1,418$1,029$734$515$357$54
30 years$1,356$972$683$473$323$45
31 years$1,298$919$637$434$292$37
32 years$1,244$869$594$399$264$31
33 years$1,193$823$555$367$239$26
34 years$1,145$780$519$338$216$22
35 years$1,100$740$485$311$196$18
36 years$1,058$702$454$286$178$15
37 years$1,018$667$425$264$161$13
38 years$980$634$398$243$146$11
39 years$944$603$372$224$132$9
40 years$911$574$349$207$120$7
41 years$878$546$327$191$109$6
42 years$848$520$307$176$99$5
43 years$819$495$288$163$90$4
44 years$791$472$270$150$81$4
45 years$765$450$254$139$74$3
46 years$740$430$239$128$67$2
47 years$716$410$224$118$61$2
48 years$693$391$211$109$55$2
49 years$671$374$198$101$50$1
50 years$650$357$186$93$46$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $666,000, adding $6,605 every year, while hoping to spend $22,893 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: 51/24/25 Blend
29$666,000$666,000$666,000$666,000
30$740,745$705,447$695,124$773,028
31$791,943$715,656$694,053$806,345
32$847,596$725,598$692,178$839,697
33$908,134$735,235$689,450$875,499
34$974,031$744,529$685,813$913,993
35$1,045,807$753,436$681,213$955,447
36$1,124,035$761,910$675,589$1,000,157
37$1,209,347$769,904$668,882$1,048,448
38$1,302,436$777,365$661,025$1,100,681
39$1,404,068$784,239$651,953$1,157,255
40$1,515,082$790,466$641,592$1,218,609
41$1,636,405$795,984$629,871$1,285,229
42$1,769,058$800,726$616,710$1,357,651
43$1,914,161$804,621$602,030$1,436,468
44$2,072,952$807,594$585,744$1,522,332
45$2,246,791$809,564$567,764$1,615,967
46$2,437,177$810,446$547,998$1,718,168
47$2,645,761$810,150$526,348$1,829,816
48$2,874,360$808,579$502,712$1,951,882
49$3,124,976$805,631$476,984$2,085,437
50$3,399,815$801,198$449,054$2,231,666
51$3,701,303$795,164$418,805$2,391,874
52$4,032,117$787,408$386,116$2,567,502
53$4,395,202$777,800$350,860$2,760,141
54$4,793,804$766,203$312,905$2,971,547
55$5,231,498$752,472$272,112$3,203,656
56$5,712,221$736,454$228,338$3,458,605
57$6,240,311$717,984$181,432$3,738,753
58$6,820,549$696,891$131,236$4,046,702
59$7,458,198$672,992$77,585$4,385,323
60$8,159,058$646,093$20,309$4,757,782
61$8,929,521$615,990$0$5,167,573
62$9,776,625$582,466$0$5,629,437
63$10,708,127$545,293$0$6,143,227
64$11,732,572$504,229$0$6,708,262
65$12,859,375$459,017$0$7,329,768
66$14,098,910$409,388$0$8,013,506
67$15,462,605$355,054$0$8,765,828
68$16,963,055$295,715$0$9,593,735
69$18,614,132$231,052$0$10,504,944
70$20,431,127$160,726$0$11,507,962
71$22,430,882$84,382$0$12,612,165
72$24,631,960$1,645$0$13,827,891
73$27,054,812$0$0$15,166,533
74$29,721,972$0$0$16,663,860
75$32,658,270$0$0$18,312,843
76$35,891,068$0$0$20,128,424
77$39,450,513$0$0$22,127,547
78$43,369,826$0$0$24,328,879
79$47,685,612$0$0$26,752,994
80$52,438,209$0$0$29,422,560
81$57,672,064$0$0$32,362,555
82$63,436,154$0$0$35,600,504
83$69,784,451$0$0$39,166,739
84$76,776,424$0$0$43,094,683
85$84,477,608$0$0$47,421,163
86$92,960,218$0$0$52,186,766
87$102,303,830$0$0$57,436,212
88$112,596,133$0$0$63,218,784
89$123,933,755$0$0$69,588,786
90$136,423,180$0$0$76,606,062
91$150,181,743$0$0$84,336,555
92$165,338,746$0$0$92,852,933
93$182,036,676$0$0$102,235,275
94$200,432,546$0$0$112,571,823
95$220,699,380$0$0$123,959,818
96$243,027,848$0$0$136,506,418
97$267,628,058$0$0$150,329,705
98$294,731,548$0$0$165,559,806
99$324,593,466$0$0$182,340,117
100$357,494,976$0$0$200,828,655