Can I retire at age 30 with 683,000?

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 $683,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$56,402$55,899$55,409$54,931$54,463$53,561
2 years$27,922$27,402$26,898$26,409$25,935$25,029
3 years$18,429$17,907$17,404$16,920$16,454$15,572
4 years$13,684$13,164$12,666$12,190$11,735$10,884
5 years$10,838$10,320$9,829$9,363$8,921$8,103
6 years$8,941$8,427$7,944$7,488$7,059$6,275
7 years$7,587$7,077$6,601$6,156$5,741$4,991
8 years$6,571$6,067$5,598$5,164$4,762$4,048
9 years$5,782$5,282$4,822$4,399$4,011$3,330
10 years$5,151$4,656$4,204$3,792$3,417$2,770
11 years$4,635$4,145$3,701$3,300$2,939$2,324
12 years$4,205$3,720$3,284$2,895$2,547$1,964
13 years$3,842$3,362$2,934$2,555$2,221$1,669
14 years$3,531$3,056$2,637$2,268$1,947$1,425
15 years$3,261$2,792$2,381$2,023$1,714$1,222
16 years$3,026$2,561$2,158$1,811$1,515$1,051
17 years$2,818$2,359$1,964$1,628$1,343$906
18 years$2,634$2,180$1,793$1,467$1,194$783
19 years$2,469$2,020$1,641$1,325$1,065$678
20 years$2,321$1,877$1,506$1,200$951$588
21 years$2,188$1,749$1,385$1,089$851$511
22 years$2,066$1,632$1,277$991$763$445
23 years$1,955$1,527$1,179$902$685$387
24 years$1,854$1,430$1,090$823$615$338
25 years$1,761$1,342$1,010$751$554$295
26 years$1,675$1,261$937$687$499$257
27 years$1,596$1,187$870$629$450$225
28 years$1,522$1,119$809$576$406$196
29 years$1,454$1,055$752$528$366$172
30 years$1,390$997$701$485$331$150
31 years$1,331$942$653$445$299$131
32 years$1,275$892$610$409$271$115
33 years$1,223$844$569$376$245$101
34 years$1,174$800$532$346$222$88
35 years$1,128$759$497$319$201$77
36 years$1,085$720$465$294$182$68
37 years$1,044$684$435$271$165$59
38 years$1,005$650$408$249$150$52
39 years$968$618$382$230$136$46
40 years$934$588$358$212$123$40
41 years$901$560$336$196$112$35
42 years$870$533$315$181$101$31
43 years$840$508$296$167$92$27
44 years$812$484$277$154$83$24
45 years$785$462$260$142$76$21
46 years$759$441$245$131$69$18
47 years$734$420$230$121$62$16
48 years$711$401$216$112$57$14
49 years$688$383$203$104$52$12
50 years$667$366$191$96$47$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $683,000, adding $5,388 every year, while hoping to spend $20,047 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: 53/36/11 Blend
29$683,000$683,000$683,000$683,000
30$758,224$722,025$711,438$795,974
31$814,233$736,074$713,942$836,304
32$875,283$750,140$715,857$877,541
33$941,867$764,202$717,143$921,939
34$1,014,527$778,238$717,758$969,802
35$1,093,862$792,225$717,656$1,021,464
36$1,180,528$806,136$716,789$1,077,295
37$1,275,250$819,944$715,110$1,137,700
38$1,378,824$833,620$712,564$1,203,130
39$1,492,127$847,131$709,099$1,274,077
40$1,616,127$860,443$704,656$1,351,087
41$1,751,886$873,519$699,176$1,434,761
42$1,900,577$886,319$692,597$1,525,760
43$2,063,488$898,802$684,851$1,624,815
44$2,242,042$910,922$675,872$1,732,731
45$2,437,803$922,629$665,587$1,850,395
46$2,652,495$933,874$653,919$1,978,785
47$2,888,015$944,599$640,791$2,118,982
48$3,146,454$954,746$626,119$2,272,173
49$3,430,116$964,252$609,818$2,439,671
50$3,741,537$973,050$591,796$2,622,922
51$4,083,512$981,068$571,960$2,823,520
52$4,459,119$988,229$550,209$3,043,223
53$4,871,749$994,452$526,441$3,283,969
54$5,325,139$999,651$500,548$3,547,895
55$5,823,403$1,003,734$472,416$3,837,358
56$6,371,075$1,006,602$441,927$4,154,955
57$6,973,151$1,008,152$408,958$4,503,551
58$7,635,134$1,008,273$373,380$4,886,303
59$8,363,087$1,006,848$335,057$5,306,693
60$9,163,690$1,003,751$293,850$5,768,560
61$10,044,303$998,852$249,610$6,276,136
62$11,013,034$992,008$202,185$6,834,086
63$12,078,819$983,072$151,414$7,447,554
64$13,251,502$971,886$97,129$8,122,212
65$14,541,928$958,281$39,156$8,864,311
66$15,962,050$942,082$0$9,680,744
67$17,525,034$923,099$0$10,581,775
68$19,245,390$901,134$0$11,578,193
69$21,139,106$875,976$0$12,674,655
70$23,223,798$847,401$0$13,881,366
71$25,518,877$815,175$0$15,209,573
72$28,045,730$779,046$0$16,671,674
73$30,827,926$738,751$0$18,281,335
74$33,891,434$694,009$0$20,053,616
75$37,264,870$644,526$0$22,005,121
76$40,979,767$589,988$0$24,154,147
77$45,070,870$530,065$0$26,520,864
78$49,576,468$464,407$0$29,127,501
79$54,538,751$392,646$0$31,998,562
80$60,004,209$314,391$0$35,161,051
81$66,024,073$229,230$0$38,644,735
82$72,654,795$136,729$0$42,482,421
83$79,958,583$36,428$0$46,710,268
84$88,003,987$0$0$51,368,131
85$96,866,545$0$0$56,528,520
86$106,629,498$0$0$62,229,179
87$117,384,573$0$0$68,509,250
88$129,232,850$0$0$75,427,767
89$142,285,716$0$0$83,049,787
90$156,665,914$0$0$91,446,996
91$172,508,704$0$0$100,698,395
92$189,963,139$0$0$110,891,035
93$209,193,471$0$0$122,120,849
94$230,380,700$0$0$134,493,551
95$253,724,286$0$0$148,125,634
96$279,444,028$0$0$163,145,472
97$307,782,139$0$0$179,694,531
98$339,005,534$0$0$197,928,703
99$373,408,348$0$0$218,019,779
100$411,314,714$0$0$240,157,068