Can I retire at age 30 with 666,000?

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 $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%17.9%
1 years$54,998$54,508$54,030$53,563$53,108$51,408
2 years$27,227$26,719$26,228$25,752$25,289$23,592
3 years$17,971$17,461$16,971$16,499$16,045$14,404
4 years$13,344$12,836$12,351$11,887$11,443$9,871
5 years$10,568$10,064$9,585$9,130$8,699$7,200
6 years$8,719$8,218$7,746$7,302$6,883$5,458
7 years$7,398$6,901$6,437$6,003$5,598$4,247
8 years$6,408$5,916$5,459$5,036$4,644$3,366
9 years$5,638$5,151$4,702$4,289$3,911$2,705
10 years$5,023$4,540$4,099$3,697$3,332$2,196
11 years$4,520$4,042$3,609$3,218$2,866$1,798
12 years$4,101$3,628$3,203$2,823$2,483$1,481
13 years$3,746$3,278$2,861$2,492$2,166$1,226
14 years$3,443$2,980$2,571$2,212$1,898$1,019
15 years$3,180$2,722$2,321$1,973$1,672$850
16 years$2,951$2,498$2,105$1,766$1,477$711
17 years$2,748$2,300$1,915$1,587$1,310$596
18 years$2,569$2,125$1,748$1,430$1,165$501
19 years$2,408$1,970$1,600$1,292$1,038$421
20 years$2,264$1,830$1,469$1,170$927$355
21 years$2,133$1,705$1,351$1,062$830$299
22 years$2,015$1,592$1,245$966$744$253
23 years$1,907$1,489$1,150$880$668$213
24 years$1,808$1,395$1,063$802$600$180
25 years$1,717$1,309$985$733$540$152
26 years$1,633$1,230$913$670$486$129
27 years$1,556$1,158$848$613$439$109
28 years$1,484$1,091$788$562$396$92
29 years$1,418$1,029$734$515$357$78
30 years$1,356$972$683$473$323$66
31 years$1,298$919$637$434$292$56
32 years$1,244$869$594$399$264$48
33 years$1,193$823$555$367$239$40
34 years$1,145$780$519$338$216$34
35 years$1,100$740$485$311$196$29
36 years$1,058$702$454$286$178$25
37 years$1,018$667$425$264$161$21
38 years$980$634$398$243$146$18
39 years$944$603$372$224$132$15
40 years$911$574$349$207$120$13
41 years$878$546$327$191$109$11
42 years$848$520$307$176$99$9
43 years$819$495$288$163$90$8
44 years$791$472$270$150$81$7
45 years$765$450$254$139$74$6
46 years$740$430$239$128$67$5
47 years$716$410$224$118$61$4
48 years$693$391$211$109$55$3
49 years$671$374$198$101$50$3
50 years$650$357$186$93$46$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $666,000, adding $3,221 every year, while hoping to spend $47,155 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: 69/22/9 Blend
29$666,000$666,000$666,000$666,000
30$737,254$701,956$691,633$786,644
31$762,282$686,180$664,631$804,024
32$788,282$668,050$635,143$817,000
33$815,303$647,401$603,037$829,932
34$843,399$624,059$568,174$842,808
35$872,627$597,838$530,408$855,614
36$903,046$568,544$489,588$868,337
37$934,723$535,968$445,556$880,966
38$967,727$499,893$398,144$893,486
39$1,002,134$460,087$347,181$905,887
40$1,038,024$416,304$292,484$918,156
41$1,075,487$368,287$233,866$930,284
42$1,114,615$315,762$171,130$942,260
43$1,155,512$258,440$104,068$954,078
44$1,198,287$196,016$32,467$965,730
45$1,243,059$128,168$0$977,212
46$1,289,959$54,556$0$992,743
47$1,339,126$0$0$1,011,705
48$1,390,712$0$0$1,037,101
49$1,444,882$0$0$1,077,649
50$1,501,816$0$0$1,120,279
51$1,561,708$0$0$1,165,136
52$1,624,770$0$0$1,212,383
53$1,691,233$0$0$1,262,194
54$1,761,348$0$0$1,314,759
55$1,835,390$0$0$1,370,287
56$1,913,658$0$0$1,429,002
57$1,996,477$0$0$1,491,154
58$2,084,204$0$0$1,557,011
59$2,177,227$0$0$1,626,870
60$2,275,973$0$0$1,701,052
61$2,380,906$0$0$1,779,910
62$2,492,534$0$0$1,863,829
63$2,611,416$0$0$1,953,234
64$2,738,159$0$0$2,048,585
65$2,873,432$0$0$2,150,390
66$3,017,966$0$0$2,259,204
67$3,172,564$0$0$2,375,636
68$3,338,103$0$0$2,500,352
69$3,515,549$0$0$2,634,085
70$3,705,958$0$0$2,777,638
71$3,910,491$0$0$2,931,891
72$4,130,422$0$0$3,097,813
73$4,367,150$0$0$3,276,465
74$4,622,209$0$0$3,469,014
75$4,897,288$0$0$3,676,742
76$5,194,238$0$0$3,901,054
77$5,515,096$0$0$4,143,499
78$5,862,100$0$0$4,405,777
79$6,237,709$0$0$4,689,755
80$6,644,626$0$0$4,997,489
81$7,085,826$0$0$5,331,237
82$7,564,576$0$0$5,693,484
83$8,084,472$0$0$6,086,961
84$8,649,470$0$0$6,514,674
85$9,263,919$0$0$6,979,930
86$9,932,607$0$0$7,486,365
87$10,660,800$0$0$8,037,983
88$11,454,293$0$0$8,639,189
89$12,319,464$0$0$9,294,829
90$13,263,332$0$0$10,010,240
91$14,293,625$0$0$10,791,293
92$15,418,847$0$0$11,644,455
93$16,648,360$0$0$12,576,841
94$17,992,473$0$0$13,596,286
95$19,462,534$0$0$14,711,419
96$21,071,037$0$0$15,931,737
97$22,831,743$0$0$17,267,699
98$24,759,802$0$0$18,730,824
99$26,871,899$0$0$20,333,795
100$29,186,407$0$0$22,090,580