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%16.9%
1 years$56,319$55,817$55,328$54,850$54,384$52,855
2 years$27,881$27,361$26,858$26,370$25,897$24,368
3 years$18,402$17,881$17,379$16,896$16,430$14,949
4 years$13,664$13,144$12,647$12,172$11,718$10,297
5 years$10,822$10,305$9,815$9,350$8,908$7,550
6 years$8,928$8,415$7,932$7,477$7,049$5,755
7 years$7,576$7,067$6,591$6,147$5,732$4,504
8 years$6,562$6,058$5,590$5,157$4,756$3,591
9 years$5,774$5,274$4,815$4,392$4,005$2,903
10 years$5,143$4,649$4,198$3,786$3,412$2,372
11 years$4,628$4,139$3,696$3,295$2,935$1,954
12 years$4,199$3,715$3,280$2,890$2,543$1,620
13 years$3,836$3,357$2,930$2,552$2,218$1,351
14 years$3,526$3,051$2,633$2,265$1,944$1,131
15 years$3,257$2,788$2,377$2,020$1,712$950
16 years$3,022$2,558$2,155$1,809$1,513$800
17 years$2,814$2,355$1,961$1,625$1,341$676
18 years$2,630$2,177$1,790$1,465$1,193$572
19 years$2,466$2,017$1,639$1,323$1,063$485
20 years$2,318$1,874$1,504$1,199$950$411
21 years$2,184$1,746$1,383$1,088$850$350
22 years$2,063$1,630$1,275$989$762$297
23 years$1,952$1,524$1,177$901$684$253
24 years$1,851$1,428$1,089$822$615$216
25 years$1,758$1,340$1,008$750$553$184
26 years$1,673$1,260$935$686$498$157
27 years$1,593$1,185$868$628$449$134
28 years$1,520$1,117$807$575$405$114
29 years$1,452$1,054$751$528$366$98
30 years$1,388$995$700$484$331$83
31 years$1,329$941$652$445$299$71
32 years$1,273$890$609$409$270$61
33 years$1,221$843$568$376$245$52
34 years$1,172$799$531$346$222$44
35 years$1,127$758$497$318$201$38
36 years$1,083$719$464$293$182$32
37 years$1,042$683$435$270$165$28
38 years$1,004$649$407$249$149$24
39 years$967$617$381$230$135$20
40 years$932$587$358$212$123$17
41 years$900$559$335$195$111$15
42 years$868$533$314$180$101$13
43 years$839$507$295$166$92$11
44 years$810$484$277$154$83$9
45 years$783$461$260$142$76$8
46 years$758$440$244$131$69$7
47 years$733$420$229$121$62$6
48 years$710$401$216$112$57$5
49 years$687$383$203$103$51$4
50 years$666$366$191$96$47$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $682,000, adding $2,495 every year, while hoping to spend $27,081 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: 59/13/28 Blend
29$682,000$682,000$682,000$682,000
30$754,138$717,992$707,421$792,756
31$802,246$724,359$702,305$825,806
32$854,353$730,131$696,111$858,749
33$910,839$735,250$688,773$894,120
34$972,121$739,653$680,223$932,164
35$1,038,658$743,277$670,391$973,150
36$1,110,954$746,050$659,202$1,017,373
37$1,189,564$747,899$646,578$1,065,164
38$1,275,099$748,746$632,438$1,116,884
39$1,368,231$748,507$616,696$1,172,934
40$1,469,699$747,092$599,264$1,233,757
41$1,580,318$744,408$580,048$1,299,844
42$1,700,981$740,355$558,951$1,371,733
43$1,832,676$734,827$535,870$1,450,022
44$1,976,486$727,711$510,700$1,535,370
45$2,133,607$718,889$483,327$1,628,506
46$2,305,353$708,232$453,637$1,730,233
47$2,493,172$695,608$421,507$1,841,439
48$2,698,657$680,875$386,809$1,963,105
49$2,923,564$663,882$349,411$2,096,313
50$3,169,826$644,470$309,175$2,242,257
51$3,439,570$622,471$265,954$2,402,256
52$3,735,140$597,707$219,597$2,577,766
53$4,059,118$569,987$169,947$2,770,394
54$4,414,345$539,114$116,838$2,981,913
55$4,803,954$504,876$60,097$3,214,281
56$5,231,392$467,050$0$3,469,657
57$5,700,457$425,399$0$3,750,560
58$6,215,335$379,674$0$4,078,654
59$6,780,633$329,613$0$4,438,925
60$7,401,429$274,935$0$4,834,635
61$8,083,315$215,346$0$5,269,382
62$8,832,451$150,537$0$5,747,126
63$9,655,626$80,178$0$6,272,236
64$10,560,316$3,922$0$6,849,526
65$11,554,758$0$0$7,484,300
66$12,648,028$0$0$8,193,650
67$13,850,124$0$0$8,974,289
68$15,172,062$0$0$9,832,817
69$16,625,979$0$0$10,777,124
70$18,225,245$0$0$11,815,903
71$19,984,594$0$0$12,958,732
72$21,920,258$0$0$14,216,165
73$24,050,124$0$0$15,599,828
74$26,393,896$0$0$17,122,534
75$28,973,289$0$0$18,798,399
76$31,812,227$0$0$20,642,977
77$34,937,072$0$0$22,673,407
78$38,376,872$0$0$24,908,573
79$42,163,632$0$0$27,369,285
80$46,332,619$0$0$30,078,470
81$50,922,695$0$0$33,061,394
82$55,976,679$0$0$36,345,896
83$61,541,755$0$0$39,962,653
84$67,669,916$0$0$43,945,468
85$74,418,452$0$0$48,331,589
86$81,850,495$0$0$53,162,060
87$90,035,609$0$0$58,482,109
88$99,050,450$0$0$64,341,575
89$108,979,488$0$0$70,795,377
90$119,915,804$0$0$77,904,032
91$131,961,966$0$0$85,734,227
92$145,231,002$0$0$94,359,447
93$159,847,460$0$0$103,860,670
94$175,948,588$0$0$114,327,130
95$193,685,627$0$0$125,857,157
96$213,225,237$0$0$138,559,111
97$234,751,074$0$0$152,552,395
98$258,465,517$0$0$167,968,593
99$284,591,583$0$0$184,952,703
100$313,375,030$0$0$203,664,508