Can I retire at age 30 with 684,000?

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 $684,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$56,484$55,981$55,490$55,011$54,543$53,508
2 years$27,962$27,442$26,937$26,448$25,973$24,934
3 years$18,456$17,933$17,430$16,945$16,478$15,468
4 years$13,704$13,183$12,685$12,208$11,752$10,778
5 years$10,854$10,336$9,844$9,377$8,934$7,999
6 years$8,954$8,440$7,955$7,499$7,069$6,175
7 years$7,598$7,088$6,611$6,165$5,749$4,895
8 years$6,581$6,075$5,606$5,172$4,769$3,956
9 years$5,790$5,290$4,829$4,405$4,017$3,243
10 years$5,158$4,663$4,210$3,797$3,422$2,687
11 years$4,642$4,151$3,706$3,305$2,943$2,247
12 years$4,211$3,726$3,289$2,899$2,551$1,891
13 years$3,848$3,367$2,939$2,559$2,224$1,601
14 years$3,536$3,060$2,640$2,272$1,950$1,361
15 years$3,266$2,796$2,384$2,026$1,717$1,162
16 years$3,030$2,565$2,161$1,814$1,517$995
17 years$2,823$2,362$1,967$1,630$1,345$854
18 years$2,638$2,183$1,795$1,469$1,196$735
19 years$2,473$2,023$1,644$1,327$1,066$634
20 years$2,325$1,880$1,508$1,202$952$548
21 years$2,191$1,751$1,388$1,091$852$474
22 years$2,069$1,635$1,279$992$764$410
23 years$1,958$1,529$1,181$903$686$356
24 years$1,857$1,432$1,092$824$616$308
25 years$1,763$1,344$1,011$752$555$268
26 years$1,678$1,263$938$688$500$233
27 years$1,598$1,189$871$630$450$202
28 years$1,524$1,120$810$577$406$176
29 years$1,456$1,057$754$529$367$153
30 years$1,392$998$702$486$332$133
31 years$1,333$944$654$446$300$116
32 years$1,277$893$611$410$271$101
33 years$1,225$846$570$377$245$88
34 years$1,176$801$533$347$222$77
35 years$1,130$760$498$319$201$67
36 years$1,086$721$466$294$182$58
37 years$1,045$685$436$271$165$51
38 years$1,007$651$408$250$150$44
39 years$970$619$383$230$136$39
40 years$935$589$359$212$123$34
41 years$902$561$336$196$112$29
42 years$871$534$315$181$101$26
43 years$841$509$296$167$92$22
44 years$813$485$278$154$84$19
45 years$786$463$261$142$76$17
46 years$760$441$245$131$69$15
47 years$735$421$230$121$63$13
48 years$712$402$216$112$57$11
49 years$689$384$203$104$52$10
50 years$668$367$191$96$47$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $684,000, adding $3,193 every year, while hoping to spend $37,750 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: 75/10/15 Blend
29$684,000$684,000$684,000$684,000
30$757,062$720,810$710,208$811,140
31$794,116$715,964$693,834$842,474
32$833,685$709,615$675,646$871,802
33$875,985$701,650$655,544$902,924
34$921,253$691,949$633,423$936,007
35$969,750$680,383$609,172$971,238
36$1,021,762$666,819$582,676$1,008,818
37$1,077,601$651,113$553,815$1,048,975
38$1,137,612$633,113$522,463$1,091,957
39$1,202,171$612,659$488,489$1,138,040
40$1,271,695$589,581$451,756$1,187,525
41$1,346,637$563,700$412,119$1,240,750
42$1,427,498$534,825$369,429$1,298,084
43$1,514,828$502,756$323,529$1,359,936
44$1,609,229$467,280$274,256$1,426,757
45$1,711,365$428,172$221,439$1,499,046
46$1,821,967$385,194$164,900$1,577,354
47$1,941,835$338,096$104,451$1,662,287
48$2,071,851$286,612$39,900$1,754,517
49$2,212,986$230,462$0$1,854,786
50$2,366,305$169,349$0$1,968,549
51$2,532,982$102,961$0$2,099,187
52$2,714,307$30,968$0$2,241,339
53$2,911,701$0$0$2,396,142
54$3,126,726$0$0$2,570,018
55$3,361,102$0$0$2,763,281
56$3,616,720$0$0$2,974,087
57$3,895,664$0$0$3,204,158
58$4,200,227$0$0$3,455,388
59$4,532,932$0$0$3,729,861
60$4,896,558$0$0$4,029,875
61$5,294,163$0$0$4,357,956
62$5,729,117$0$0$4,716,889
63$6,205,126$0$0$5,109,736
64$6,726,275$0$0$5,539,874
65$7,297,061$0$0$6,011,017
66$7,922,434$0$0$6,527,258
67$8,607,850$0$0$7,093,104
68$9,359,314$0$0$7,713,519
69$10,183,441$0$0$8,393,968
70$11,087,518$0$0$9,140,475
71$12,079,570$0$0$9,959,669
72$13,168,436$0$0$10,858,858
73$14,363,854$0$0$11,846,089
74$15,676,551$0$0$12,930,225
75$17,118,341$0$0$14,121,032
76$18,702,242$0$0$15,429,266
77$20,442,592$0$0$16,866,779
78$22,355,189$0$0$18,446,626
79$24,457,435$0$0$20,183,190
80$26,768,504$0$0$22,092,315
81$29,309,518$0$0$24,191,461
82$32,103,752$0$0$26,499,860
83$35,176,843$0$0$29,038,702
84$38,557,043$0$0$31,831,336
85$42,275,477$0$0$34,903,486
86$46,366,438$0$0$38,283,493
87$50,867,711$0$0$42,002,587
88$55,820,928$0$0$46,095,174
89$61,271,962$0$0$50,599,168
90$67,271,357$0$0$55,556,341
91$73,874,803$0$0$61,012,722
92$81,143,667$0$0$67,019,027
93$89,145,565$0$0$73,631,139
94$97,955,002$0$0$80,910,637
95$107,654,073$0$0$88,925,371
96$118,333,241$0$0$97,750,105
97$130,092,186$0$0$107,467,225
98$143,040,744$0$0$118,167,509
99$157,299,950$0$0$129,950,989
100$173,003,169$0$0$142,927,891