Can I retire at age 30 with 682,000?

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 $682,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$56,319$55,817$55,328$54,850$54,384$53,615
2 years$27,881$27,361$26,858$26,370$25,897$25,124
3 years$18,402$17,881$17,379$16,896$16,430$15,677
4 years$13,664$13,144$12,647$12,172$11,718$10,991
5 years$10,822$10,305$9,815$9,350$8,908$8,208
6 years$8,928$8,415$7,932$7,477$7,049$6,377
7 years$7,576$7,067$6,591$6,147$5,732$5,090
8 years$6,562$6,058$5,590$5,157$4,756$4,142
9 years$5,774$5,274$4,815$4,392$4,005$3,419
10 years$5,143$4,649$4,198$3,786$3,412$2,855
11 years$4,628$4,139$3,696$3,295$2,935$2,405
12 years$4,199$3,715$3,280$2,890$2,543$2,040
13 years$3,836$3,357$2,930$2,552$2,218$1,740
14 years$3,526$3,051$2,633$2,265$1,944$1,492
15 years$3,257$2,788$2,377$2,020$1,712$1,284
16 years$3,022$2,558$2,155$1,809$1,513$1,109
17 years$2,814$2,355$1,961$1,625$1,341$960
18 years$2,630$2,177$1,790$1,465$1,193$834
19 years$2,466$2,017$1,639$1,323$1,063$725
20 years$2,318$1,874$1,504$1,199$950$632
21 years$2,184$1,746$1,383$1,088$850$552
22 years$2,063$1,630$1,275$989$762$482
23 years$1,952$1,524$1,177$901$684$422
24 years$1,851$1,428$1,089$822$615$369
25 years$1,758$1,340$1,008$750$553$324
26 years$1,673$1,260$935$686$498$284
27 years$1,593$1,185$868$628$449$249
28 years$1,520$1,117$807$575$405$219
29 years$1,452$1,054$751$528$366$192
30 years$1,388$995$700$484$331$169
31 years$1,329$941$652$445$299$149
32 years$1,273$890$609$409$270$131
33 years$1,221$843$568$376$245$115
34 years$1,172$799$531$346$222$101
35 years$1,127$758$497$318$201$89
36 years$1,083$719$464$293$182$79
37 years$1,042$683$435$270$165$69
38 years$1,004$649$407$249$149$61
39 years$967$617$381$230$135$54
40 years$932$587$358$212$123$47
41 years$900$559$335$195$111$42
42 years$868$533$314$180$101$37
43 years$839$507$295$166$92$32
44 years$810$484$277$154$83$29
45 years$783$461$260$142$76$25
46 years$758$440$244$131$69$22
47 years$733$420$229$121$62$20
48 years$710$401$216$112$57$17
49 years$687$383$203$103$51$15
50 years$666$366$191$96$47$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $682,000, adding $5,384 every year, while hoping to spend $32,952 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: 56/16/28 Blend
29$682,000$682,000$682,000$682,000
30$757,118$720,972$710,401$793,403
31$799,283$721,239$699,138$819,229
32$844,645$720,414$686,394$843,479
33$893,494$718,410$672,084$869,232
34$946,151$715,133$656,120$896,645
35$1,002,967$710,483$638,408$925,892
36$1,064,328$704,355$618,853$957,164
37$1,130,658$696,637$597,353$990,677
38$1,202,424$687,210$573,803$1,026,666
39$1,280,137$675,950$548,092$1,065,397
40$1,364,361$662,722$520,103$1,107,159
41$1,455,717$647,386$489,717$1,152,278
42$1,554,885$629,793$456,808$1,201,112
43$1,662,614$609,784$421,242$1,254,059
44$1,779,730$587,192$382,882$1,311,560
45$1,907,138$561,840$341,585$1,374,104
46$2,045,838$533,542$297,199$1,442,231
47$2,196,926$502,098$249,568$1,516,540
48$2,361,611$467,299$198,527$1,597,694
49$2,541,222$428,924$143,905$1,686,428
50$2,737,224$386,739$85,523$1,783,553
51$2,951,227$340,495$23,195$1,889,969
52$3,185,005$289,932$0$2,006,669
53$3,440,511$234,774$0$2,147,696
54$3,719,892$174,727$0$2,309,560
55$4,025,517$109,484$0$2,486,732
56$4,359,990$38,720$0$2,680,765
57$4,726,182$0$0$2,893,372
58$5,127,252$0$0$3,133,116
59$5,566,679$0$0$3,403,319
60$6,048,296$0$0$3,699,526
61$6,576,323$0$0$4,024,343
62$7,155,409$0$0$4,380,636
63$7,790,673$0$0$4,771,564
64$8,487,754$0$0$5,200,606
65$9,252,864$0$0$5,671,594
66$10,092,845$0$0$6,188,750
67$11,015,234$0$0$6,756,722
68$12,028,334$0$0$7,380,635
69$13,141,291$0$0$8,066,131
70$14,364,180$0$0$8,819,426
71$15,708,102$0$0$9,647,370
72$17,185,286$0$0$10,557,507
73$18,809,204$0$0$11,558,151
74$20,594,698$0$0$12,658,460
75$22,558,121$0$0$13,868,523
76$24,717,491$0$0$15,199,458
77$27,092,658$0$0$16,663,514
78$29,705,492$0$0$18,274,185
79$32,580,091$0$0$20,046,341
80$35,743,005$0$0$21,996,364
81$39,223,488$0$0$24,142,307
82$43,053,773$0$0$26,504,059
83$47,269,376$0$0$29,103,536
84$51,909,431$0$0$31,964,885
85$57,017,056$0$0$35,114,715
86$62,639,764$0$0$38,582,344
87$68,829,908$0$0$42,400,077
88$75,645,175$0$0$46,603,513
89$83,149,130$0$0$51,231,876
90$91,411,814$0$0$56,328,389
91$100,510,408$0$0$61,940,678
92$110,529,959$0$0$68,121,225
93$121,564,180$0$0$74,927,859
94$133,716,336$0$0$82,424,305
95$147,100,220$0$0$90,680,783
96$161,841,222$0$0$99,774,673
97$178,077,514$0$0$109,791,239
98$195,961,355$0$0$120,824,440
99$215,660,526$0$0$132,977,815
100$237,359,913$0$0$146,365,456