Can I retire at age 30 with 681,000?

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 $681,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$56,236$55,735$55,247$54,770$54,304$52,461
2 years$27,840$27,321$26,819$26,332$25,859$24,020
3 years$18,375$17,855$17,354$16,871$16,406$14,630
4 years$13,644$13,125$12,629$12,155$11,701$10,001
5 years$10,806$10,290$9,801$9,336$8,895$7,275
6 years$8,915$8,403$7,920$7,466$7,038$5,500
7 years$7,564$7,057$6,582$6,138$5,724$4,268
8 years$6,552$6,049$5,582$5,149$4,749$3,373
9 years$5,765$5,267$4,808$4,386$3,999$2,702
10 years$5,136$4,642$4,191$3,781$3,407$2,187
11 years$4,621$4,133$3,690$3,290$2,930$1,784
12 years$4,193$3,709$3,275$2,886$2,539$1,465
13 years$3,831$3,352$2,926$2,548$2,214$1,209
14 years$3,521$3,047$2,629$2,262$1,941$1,001
15 years$3,252$2,783$2,374$2,017$1,709$832
16 years$3,017$2,554$2,152$1,806$1,511$694
17 years$2,810$2,352$1,958$1,623$1,339$579
18 years$2,626$2,173$1,788$1,462$1,191$485
19 years$2,462$2,014$1,636$1,321$1,061$406
20 years$2,315$1,872$1,502$1,197$948$341
21 years$2,181$1,743$1,381$1,086$848$286
22 years$2,060$1,627$1,273$988$761$241
23 years$1,950$1,522$1,176$899$683$203
24 years$1,849$1,426$1,087$820$614$171
25 years$1,756$1,338$1,007$749$552$144
26 years$1,670$1,258$934$685$497$121
27 years$1,591$1,184$867$627$448$102
28 years$1,518$1,115$806$574$405$86
29 years$1,450$1,052$750$527$365$73
30 years$1,386$994$699$483$330$61
31 years$1,327$939$651$444$298$52
32 years$1,272$889$608$408$270$44
33 years$1,220$842$568$375$244$37
34 years$1,171$798$530$345$221$31
35 years$1,125$757$496$318$200$26
36 years$1,082$718$464$293$182$22
37 years$1,041$682$434$270$165$19
38 years$1,002$648$407$249$149$16
39 years$966$616$381$229$135$13
40 years$931$587$357$211$123$11
41 years$898$558$335$195$111$9
42 years$867$532$314$180$101$8
43 years$837$507$295$166$92$7
44 years$809$483$277$153$83$6
45 years$782$461$260$142$76$5
46 years$757$439$244$131$69$4
47 years$732$419$229$121$62$3
48 years$709$400$215$112$57$3
49 years$686$382$202$103$51$2
50 years$665$365$190$95$47$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $681,000, adding $5,109 every year, while hoping to spend $25,102 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: 83/9/8 Blend
29$681,000$681,000$681,000$681,000
30$755,732$719,639$709,083$817,322
31$806,108$728,193$706,129$866,897
32$860,782$736,325$702,235$917,427
33$920,164$743,987$697,342$972,141
34$984,708$751,130$691,391$1,031,441
35$1,054,912$757,699$684,317$1,095,774
36$1,131,325$763,638$676,053$1,165,630
37$1,214,549$768,886$666,530$1,241,550
38$1,305,249$773,377$655,674$1,324,129
39$1,404,155$777,043$643,410$1,414,023
40$1,512,071$779,810$629,656$1,511,952
41$1,629,882$781,601$614,330$1,618,713
42$1,758,563$782,332$597,343$1,735,183
43$1,899,186$781,916$578,603$1,862,325
44$2,052,932$780,259$558,015$2,001,203
45$2,221,101$777,261$535,478$2,152,990
46$2,405,124$772,818$510,888$2,318,975
47$2,606,578$766,817$484,134$2,500,581
48$2,827,198$759,141$455,102$2,699,375
49$3,068,897$749,663$423,672$2,917,085
50$3,333,778$738,250$389,719$3,155,611
51$3,624,161$724,761$353,112$3,417,051
52$3,942,598$709,048$313,714$3,703,716
53$4,291,902$690,950$271,382$4,018,150
54$4,675,171$670,301$225,968$4,363,158
55$5,095,816$646,924$177,316$4,741,834
56$5,557,596$620,630$125,263$5,157,582
57$6,064,650$591,221$69,639$5,614,156
58$6,621,540$558,486$10,267$6,115,695
59$7,233,289$522,204$0$6,666,756
60$7,905,432$482,139$0$7,276,896
61$8,644,065$438,042$0$7,948,350
62$9,455,905$389,652$0$8,686,359
63$10,348,353$336,690$0$9,497,665
64$11,329,560$278,864$0$10,389,697
65$12,408,510$215,863$0$11,370,642
66$13,595,097$147,359$0$12,449,521
67$14,900,225$73,008$0$13,636,273
68$16,335,907$0$0$14,941,851
69$17,915,378$0$0$16,379,073
70$19,653,221$0$0$17,968,375
71$21,565,504$0$0$19,717,223
72$23,669,931$0$0$21,641,810
73$25,986,009$0$0$23,759,978
74$28,535,232$0$0$26,091,386
75$31,341,283$0$0$28,657,696
76$34,430,258$0$0$31,482,778
77$37,830,912$0$0$34,592,930
78$41,574,929$0$0$38,017,133
79$45,697,222$0$0$41,787,321
80$50,236,260$0$0$45,938,679
81$55,234,434$0$0$50,509,981
82$60,738,456$0$0$55,543,951
83$66,799,796$0$0$61,087,668
84$73,475,173$0$0$67,193,007
85$80,827,085$0$0$73,917,135
86$88,924,401$0$0$81,323,043
87$97,843,011$0$0$89,480,144
88$107,666,542$0$0$98,464,927
89$118,487,145$0$0$108,361,679
90$130,406,365$0$0$119,263,279
91$143,536,102$0$0$131,272,077
92$157,999,664$0$0$144,500,857
93$173,932,929$0$0$159,073,901
94$191,485,633$0$0$175,128,166
95$210,822,775$0$0$192,814,570
96$232,126,184$0$0$212,299,423
97$255,596,223$0$0$233,765,990
98$281,453,691$0$0$257,416,226
99$309,941,901$0$0$283,472,679
100$341,328,976$0$0$312,180,589