Can I retire at age 30 with 668,000?

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 $668,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$55,163$54,671$54,192$53,724$53,267$51,980
2 years$27,308$26,800$26,307$25,829$25,365$24,076
3 years$18,025$17,514$17,022$16,549$16,093$14,842
4 years$13,384$12,875$12,388$11,923$11,478$10,274
5 years$10,600$10,094$9,613$9,158$8,725$7,573
6 years$8,745$8,242$7,769$7,323$6,904$5,805
7 years$7,420$6,922$6,456$6,021$5,615$4,568
8 years$6,427$5,933$5,475$5,051$4,658$3,664
9 years$5,655$5,166$4,716$4,302$3,923$2,980
10 years$5,038$4,554$4,111$3,709$3,342$2,450
11 years$4,533$4,054$3,620$3,228$2,874$2,031
12 years$4,113$3,639$3,212$2,831$2,491$1,695
13 years$3,758$3,288$2,870$2,499$2,172$1,423
14 years$3,453$2,989$2,579$2,219$1,904$1,199
15 years$3,190$2,730$2,328$1,979$1,677$1,015
16 years$2,959$2,505$2,111$1,772$1,482$861
17 years$2,756$2,307$1,921$1,592$1,314$732
18 years$2,576$2,132$1,753$1,435$1,168$624
19 years$2,415$1,976$1,605$1,296$1,041$533
20 years$2,270$1,836$1,473$1,174$930$456
21 years$2,139$1,710$1,355$1,065$832$390
22 years$2,021$1,596$1,249$969$746$335
23 years$1,912$1,493$1,153$882$670$287
24 years$1,813$1,399$1,066$805$602$247
25 years$1,722$1,313$988$735$542$212
26 years$1,638$1,234$916$672$488$182
27 years$1,561$1,161$851$615$440$157
28 years$1,489$1,094$791$564$397$135
29 years$1,422$1,032$736$517$358$116
30 years$1,360$975$685$474$324$100
31 years$1,302$922$639$436$293$86
32 years$1,247$872$596$400$265$74
33 years$1,196$826$557$368$240$64
34 years$1,148$783$520$339$217$55
35 years$1,103$742$486$312$197$48
36 years$1,061$705$455$287$178$41
37 years$1,021$669$426$265$161$35
38 years$983$636$399$244$146$30
39 years$947$605$374$225$133$26
40 years$913$575$350$207$120$23
41 years$881$548$328$191$109$20
42 years$850$522$308$177$99$17
43 years$821$497$289$163$90$15
44 years$794$474$271$151$82$13
45 years$767$452$255$139$74$11
46 years$742$431$239$128$67$9
47 years$718$411$225$119$61$8
48 years$695$393$211$110$55$7
49 years$673$375$199$101$50$6
50 years$652$358$187$94$46$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $668,000, adding $4,003 every year, while hoping to spend $25,161 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: 74/5/21 Blend
29$668,000$668,000$668,000$668,000
30$740,265$704,861$694,507$791,023
31$789,001$712,628$691,002$833,038
32$841,865$719,933$686,536$875,633
33$899,251$726,725$681,051$921,670
34$961,593$732,953$674,485$971,486
35$1,029,368$738,561$666,773$1,025,455
36$1,103,102$743,488$657,848$1,083,986
37$1,183,372$747,673$647,639$1,147,532
38$1,270,814$751,047$636,073$1,216,592
39$1,366,127$753,538$623,072$1,291,716
40$1,470,081$755,071$608,554$1,373,510
41$1,583,524$755,564$592,435$1,462,642
42$1,707,388$754,931$574,626$1,559,850
43$1,842,700$753,081$555,034$1,665,946
44$1,990,590$749,917$533,563$1,781,825
45$2,152,303$745,335$510,110$1,908,476
46$2,329,209$739,228$484,570$2,046,986
47$2,522,816$731,478$456,831$2,198,557
48$2,734,787$721,964$426,778$2,364,510
49$2,966,949$710,554$394,289$2,546,306
50$3,221,319$697,112$359,239$2,745,552
51$3,500,114$681,491$321,494$2,964,022
52$3,805,778$663,537$280,916$3,203,669
53$4,141,002$643,085$237,362$3,466,650
54$4,508,751$619,962$190,680$3,755,339
55$4,912,289$593,986$140,713$4,072,356
56$5,355,213$564,962$87,298$4,420,587
57$5,841,484$532,684$30,261$4,803,215
58$6,375,466$496,937$0$5,223,748
59$6,961,966$457,489$0$5,692,913
60$7,606,279$414,098$0$6,215,796
61$8,314,239$366,509$0$6,790,354
62$9,092,273$314,450$0$7,421,812
63$9,947,461$257,634$0$8,115,929
64$10,887,602$195,758$0$8,879,051
65$11,921,292$128,505$0$9,718,166
66$13,057,997$55,535$0$10,640,980
67$14,308,150$0$0$11,655,979
68$15,683,242$0$0$12,773,808
69$17,195,937$0$0$14,006,891
70$18,860,187$0$0$15,363,547
71$20,691,363$0$0$16,856,313
72$22,706,404$0$0$18,499,001
73$24,923,971$0$0$20,306,828
74$27,364,628$0$0$22,296,562
75$30,051,032$0$0$24,486,680
76$33,008,148$0$0$26,897,540
77$36,263,486$0$0$29,551,574
78$39,847,355$0$0$32,473,500
79$43,793,157$0$0$35,690,554
80$48,137,693$0$0$39,232,747
81$52,921,518$0$0$43,133,150
82$58,189,317$0$0$47,428,201
83$63,990,331$0$0$52,158,054
84$70,378,817$0$0$57,366,957
85$77,414,565$0$0$63,103,663
86$85,163,459$0$0$69,421,901
87$93,698,097$0$0$76,380,870
88$103,098,478$0$0$84,045,810
89$113,452,759$0$0$92,488,607
90$124,858,081$0$0$101,788,479
91$137,421,490$0$0$112,032,718
92$151,260,944$0$0$123,317,516
93$166,506,431$0$0$135,748,873
94$183,301,189$0$0$149,443,598
95$201,803,062$0$0$164,530,407
96$222,185,988$0$0$181,151,143
97$244,641,641$0$0$199,462,111
98$269,381,240$0$0$219,635,555
99$296,637,543$0$0$241,861,281
100$326,667,040$0$0$266,348,453