Can I retire at age 30 with 668,000?

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 $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%11%
1 years$55,163$54,671$54,192$53,724$53,267$53,043
2 years$27,308$26,800$26,307$25,829$25,365$25,139
3 years$18,025$17,514$17,022$16,549$16,093$15,871
4 years$13,384$12,875$12,388$11,923$11,478$11,262
5 years$10,600$10,094$9,613$9,158$8,725$8,517
6 years$8,745$8,242$7,769$7,323$6,904$6,703
7 years$7,420$6,922$6,456$6,021$5,615$5,422
8 years$6,427$5,933$5,475$5,051$4,658$4,473
9 years$5,655$5,166$4,716$4,302$3,923$3,745
10 years$5,038$4,554$4,111$3,709$3,342$3,172
11 years$4,533$4,054$3,620$3,228$2,874$2,712
12 years$4,113$3,639$3,212$2,831$2,491$2,335
13 years$3,758$3,288$2,870$2,499$2,172$2,024
14 years$3,453$2,989$2,579$2,219$1,904$1,763
15 years$3,190$2,730$2,328$1,979$1,677$1,542
16 years$2,959$2,505$2,111$1,772$1,482$1,353
17 years$2,756$2,307$1,921$1,592$1,314$1,192
18 years$2,576$2,132$1,753$1,435$1,168$1,053
19 years$2,415$1,976$1,605$1,296$1,041$932
20 years$2,270$1,836$1,473$1,174$930$826
21 years$2,139$1,710$1,355$1,065$832$734
22 years$2,021$1,596$1,249$969$746$653
23 years$1,912$1,493$1,153$882$670$582
24 years$1,813$1,399$1,066$805$602$519
25 years$1,722$1,313$988$735$542$464
26 years$1,638$1,234$916$672$488$414
27 years$1,561$1,161$851$615$440$371
28 years$1,489$1,094$791$564$397$332
29 years$1,422$1,032$736$517$358$297
30 years$1,360$975$685$474$324$267
31 years$1,302$922$639$436$293$239
32 years$1,247$872$596$400$265$214
33 years$1,196$826$557$368$240$193
34 years$1,148$783$520$339$217$173
35 years$1,103$742$486$312$197$155
36 years$1,061$705$455$287$178$140
37 years$1,021$669$426$265$161$125
38 years$983$636$399$244$146$113
39 years$947$605$374$225$133$101
40 years$913$575$350$207$120$91
41 years$881$548$328$191$109$82
42 years$850$522$308$177$99$74
43 years$821$497$289$163$90$66
44 years$794$474$271$151$82$60
45 years$767$452$255$139$74$54
46 years$742$431$239$128$67$48
47 years$718$411$225$119$61$44
48 years$695$393$211$110$55$39
49 years$673$375$199$101$50$35
50 years$652$358$187$94$46$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $668,000, adding $2,452 every year, while hoping to spend $22,692 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: 61/13/26 Blend
29$668,000$668,000$668,000$668,000
30$738,665$703,261$692,907$778,445
31$789,865$713,577$691,976$816,081
32$845,527$723,638$690,252$854,465
33$906,081$733,407$687,686$895,874
34$972,003$742,845$684,225$940,608
35$1,043,814$751,912$679,814$988,997
36$1,122,089$760,561$674,394$1,041,404
37$1,207,460$768,747$667,904$1,098,233
38$1,300,623$776,417$660,280$1,159,928
39$1,402,343$783,518$651,456$1,226,976
40$1,513,464$789,993$641,362$1,299,920
41$1,634,914$795,779$629,925$1,379,355
42$1,767,715$800,812$617,067$1,465,937
43$1,912,992$805,021$602,708$1,560,394
44$2,071,984$808,334$586,765$1,663,524
45$2,246,054$810,670$569,150$1,776,211
46$2,436,706$811,947$549,771$1,899,429
47$2,645,593$812,076$528,531$2,034,250
48$2,874,537$810,961$505,331$2,181,862
49$3,125,546$808,504$480,065$2,343,570
50$3,400,827$804,597$452,623$2,520,816
51$3,702,817$799,127$422,891$2,715,190
52$4,034,195$791,975$390,749$2,928,446
53$4,397,916$783,014$356,072$3,162,519
54$4,797,231$772,110$318,728$3,419,541
55$5,235,724$759,119$278,581$3,701,865
56$5,717,342$743,890$235,488$4,012,086
57$6,246,434$726,264$189,300$4,353,065
58$6,827,790$706,071$139,861$4,727,958
59$7,466,688$683,131$87,009$5,140,243
60$8,168,940$657,254$30,574$5,593,758
61$8,940,952$628,241$0$6,092,733
62$9,789,782$595,877$0$6,650,060
63$10,723,203$559,938$0$7,272,242
64$11,749,781$520,186$0$7,956,515
65$12,878,953$476,370$0$8,709,187
66$14,121,118$428,224$0$9,537,212
67$15,487,733$375,467$0$10,448,251
68$16,991,418$317,802$0$11,450,751
69$18,646,084$254,915$0$12,554,016
70$20,467,054$186,476$0$13,768,302
71$22,471,214$112,134$0$15,104,912
72$24,677,169$31,519$0$16,576,303
73$27,105,418$0$0$18,196,199
74$29,778,552$0$0$19,987,707
75$32,721,458$0$0$21,965,042
76$35,961,564$0$0$24,142,130
77$39,529,091$0$0$26,539,286
78$43,457,337$0$0$29,178,894
79$47,782,998$0$0$32,085,618
80$52,546,506$0$0$35,286,639
81$57,792,415$0$0$38,811,905
82$63,569,822$0$0$42,694,418
83$69,932,825$0$0$46,970,543
84$76,941,039$0$0$51,680,354
85$84,660,155$0$0$56,868,009
86$93,162,563$0$0$62,582,166
87$102,528,028$0$0$68,876,447
88$112,844,452$0$0$75,809,938
89$124,208,695$0$0$83,447,749
90$136,727,496$0$0$91,861,631
91$150,518,475$0$0$101,130,649
92$165,711,243$0$0$111,341,929
93$182,448,630$0$0$122,591,482
94$200,888,029$0$0$134,985,109
95$221,202,879$0$0$148,639,399
96$243,584,309$0$0$163,682,829
97$268,242,934$0$0$180,256,979
98$295,410,850$0$0$198,517,865
99$325,343,819$0$0$218,637,414
100$358,323,683$0$0$240,805,084