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%18%
1 years$56,319$55,817$55,328$54,850$54,384$52,622
2 years$27,881$27,361$26,858$26,370$25,897$24,138
3 years$18,402$17,881$17,379$16,896$16,430$14,730
4 years$13,664$13,144$12,647$12,172$11,718$10,090
5 years$10,822$10,305$9,815$9,350$8,908$7,355
6 years$8,928$8,415$7,932$7,477$7,049$5,573
7 years$7,576$7,067$6,591$6,147$5,732$4,334
8 years$6,562$6,058$5,590$5,157$4,756$3,433
9 years$5,774$5,274$4,815$4,392$4,005$2,757
10 years$5,143$4,649$4,198$3,786$3,412$2,237
11 years$4,628$4,139$3,696$3,295$2,935$1,830
12 years$4,199$3,715$3,280$2,890$2,543$1,506
13 years$3,836$3,357$2,930$2,552$2,218$1,246
14 years$3,526$3,051$2,633$2,265$1,944$1,035
15 years$3,257$2,788$2,377$2,020$1,712$863
16 years$3,022$2,558$2,155$1,809$1,513$721
17 years$2,814$2,355$1,961$1,625$1,341$604
18 years$2,630$2,177$1,790$1,465$1,193$507
19 years$2,466$2,017$1,639$1,323$1,063$426
20 years$2,318$1,874$1,504$1,199$950$359
21 years$2,184$1,746$1,383$1,088$850$302
22 years$2,063$1,630$1,275$989$762$255
23 years$1,952$1,524$1,177$901$684$215
24 years$1,851$1,428$1,089$822$615$182
25 years$1,758$1,340$1,008$750$553$154
26 years$1,673$1,260$935$686$498$130
27 years$1,593$1,185$868$628$449$110
28 years$1,520$1,117$807$575$405$93
29 years$1,452$1,054$751$528$366$79
30 years$1,388$995$700$484$331$67
31 years$1,329$941$652$445$299$56
32 years$1,273$890$609$409$270$48
33 years$1,221$843$568$376$245$40
34 years$1,172$799$531$346$222$34
35 years$1,127$758$497$318$201$29
36 years$1,083$719$464$293$182$25
37 years$1,042$683$435$270$165$21
38 years$1,004$649$407$249$149$18
39 years$967$617$381$230$135$15
40 years$932$587$358$212$123$13
41 years$900$559$335$195$111$11
42 years$868$533$314$180$101$9
43 years$839$507$295$166$92$8
44 years$810$484$277$154$83$7
45 years$783$461$260$142$76$6
46 years$758$440$244$131$69$5
47 years$733$420$229$121$62$4
48 years$710$401$216$112$57$3
49 years$687$383$203$103$51$3
50 years$666$366$191$96$47$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $682,000, adding $2,356 every year, while hoping to spend $29,030 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: 44/46/10 Blend
29$682,000$682,000$682,000$682,000
30$753,994$717,848$707,277$784,912
31$800,014$722,135$700,083$810,909
32$849,755$725,659$691,675$835,928
33$903,565$728,352$681,982$862,388
34$961,830$730,142$670,929$890,434
35$1,024,969$730,951$658,438$920,224
36$1,093,447$730,699$644,427$951,936
37$1,167,774$729,299$628,810$985,766
38$1,248,509$726,657$611,498$1,021,933
39$1,336,272$722,678$592,398$1,060,678
40$1,431,739$717,256$571,410$1,102,271
41$1,535,657$710,283$548,434$1,147,011
42$1,648,848$701,641$523,361$1,195,227
43$1,772,217$691,207$496,079$1,247,289
44$1,906,757$678,850$466,472$1,303,602
45$2,053,564$664,432$434,416$1,364,618
46$2,213,843$647,805$399,785$1,430,839
47$2,388,922$628,814$362,445$1,502,818
48$2,580,261$607,295$322,255$1,581,169
49$2,789,467$583,072$279,071$1,666,575
50$3,018,313$555,963$232,740$1,759,788
51$3,268,747$525,771$183,102$1,861,643
52$3,542,916$492,290$129,993$1,973,066
53$3,843,183$455,303$73,238$2,095,078
54$4,172,154$414,578$12,657$2,228,813
55$4,532,693$369,872$0$2,375,524
56$4,927,960$320,928$0$2,542,145
57$5,361,431$267,473$0$2,726,463
58$5,836,937$209,219$0$2,928,846
59$6,358,697$145,863$0$3,151,191
60$6,931,357$77,084$0$3,395,599
61$7,560,038$2,542$0$3,664,386
62$8,250,376$0$0$3,960,115
63$9,008,585$0$0$4,325,158
64$9,841,506$0$0$4,727,672
65$10,756,677$0$0$5,170,026
66$11,762,403$0$0$5,656,243
67$12,867,832$0$0$6,190,760
68$14,083,043$0$0$6,778,461
69$15,419,140$0$0$7,424,729
70$16,888,358$0$0$8,135,494
71$18,504,175$0$0$8,917,291
72$20,281,440$0$0$9,777,319
73$22,236,517$0$0$10,723,509
74$24,387,433$0$0$11,764,601
75$26,754,049$0$0$12,910,225
76$29,358,252$0$0$14,170,989
77$32,224,156$0$0$15,558,585
78$35,378,329$0$0$17,085,893
79$38,850,049$0$0$18,767,107
80$42,671,572$0$0$20,617,867
81$46,878,444$0$0$22,655,404
82$51,509,829$0$0$24,898,707
83$56,608,884$0$0$27,368,699
84$62,223,162$0$0$30,088,436
85$68,405,061$0$0$33,083,321
86$75,212,320$0$0$36,381,350
87$82,708,564$0$0$40,013,369
88$90,963,898$0$0$44,013,370
89$100,055,578$0$0$48,418,807
90$110,068,729$0$0$53,270,956
91$121,097,158$0$0$58,615,296
92$133,244,231$0$0$64,501,947
93$146,623,853$0$0$70,986,134
94$161,361,541$0$0$78,128,716
95$177,595,607$0$0$85,996,754
96$195,478,467$0$0$94,664,147
97$215,178,074$0$0$104,212,330
98$236,879,507$0$0$114,731,039
99$260,786,713$0$0$126,319,162
100$287,124,438$0$0$139,085,668