Can I retire at age 30 with 684,000?

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 $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%18%
1 years$56,484$55,981$55,490$55,011$54,543$52,776
2 years$27,962$27,442$26,937$26,448$25,973$24,209
3 years$18,456$17,933$17,430$16,945$16,478$14,773
4 years$13,704$13,183$12,685$12,208$11,752$10,119
5 years$10,854$10,336$9,844$9,377$8,934$7,377
6 years$8,954$8,440$7,955$7,499$7,069$5,590
7 years$7,598$7,088$6,611$6,165$5,749$4,347
8 years$6,581$6,075$5,606$5,172$4,769$3,443
9 years$5,790$5,290$4,829$4,405$4,017$2,765
10 years$5,158$4,663$4,210$3,797$3,422$2,244
11 years$4,642$4,151$3,706$3,305$2,943$1,835
12 years$4,211$3,726$3,289$2,899$2,551$1,511
13 years$3,848$3,367$2,939$2,559$2,224$1,250
14 years$3,536$3,060$2,640$2,272$1,950$1,039
15 years$3,266$2,796$2,384$2,026$1,717$866
16 years$3,030$2,565$2,161$1,814$1,517$724
17 years$2,823$2,362$1,967$1,630$1,345$606
18 years$2,638$2,183$1,795$1,469$1,196$509
19 years$2,473$2,023$1,644$1,327$1,066$428
20 years$2,325$1,880$1,508$1,202$952$360
21 years$2,191$1,751$1,388$1,091$852$303
22 years$2,069$1,635$1,279$992$764$256
23 years$1,958$1,529$1,181$903$686$216
24 years$1,857$1,432$1,092$824$616$182
25 years$1,763$1,344$1,011$752$555$154
26 years$1,678$1,263$938$688$500$130
27 years$1,598$1,189$871$630$450$110
28 years$1,524$1,120$810$577$406$93
29 years$1,456$1,057$754$529$367$79
30 years$1,392$998$702$486$332$67
31 years$1,333$944$654$446$300$56
32 years$1,277$893$611$410$271$48
33 years$1,225$846$570$377$245$40
34 years$1,176$801$533$347$222$34
35 years$1,130$760$498$319$201$29
36 years$1,086$721$466$294$182$25
37 years$1,045$685$436$271$165$21
38 years$1,007$651$408$250$150$18
39 years$970$619$383$230$136$15
40 years$935$589$359$212$123$13
41 years$902$561$336$196$112$11
42 years$871$534$315$181$101$9
43 years$841$509$296$167$92$8
44 years$813$485$278$154$84$7
45 years$786$463$261$142$76$6
46 years$760$441$245$131$69$5
47 years$735$421$230$121$63$4
48 years$712$402$216$112$57$3
49 years$689$384$203$104$52$3
50 years$668$367$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 $684,000, adding $5,911 every year, while hoping to spend $50,740 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: 75/11/14 Blend
29$684,000$684,000$684,000$684,000
30$759,865$723,613$713,011$814,164
31$783,384$705,083$682,910$832,311
32$807,602$683,945$650,100$845,288
33$832,536$660,016$614,437$858,126
34$858,203$633,106$575,769$870,797
35$884,623$603,011$533,940$883,269
36$911,811$569,515$488,784$895,509
37$939,788$532,393$440,130$907,480
38$968,569$491,403$387,797$919,143
39$998,173$446,292$331,598$930,457
40$1,028,617$396,791$271,338$941,377
41$1,059,919$342,616$206,810$951,854
42$1,092,094$283,468$137,802$961,838
43$1,125,159$219,030$64,089$971,272
44$1,159,129$148,966$0$980,098
45$1,194,020$72,925$0$990,429
46$1,229,843$0$0$1,010,378
47$1,266,613$0$0$1,031,471
48$1,304,341$0$0$1,062,168
49$1,343,035$0$0$1,093,649
50$1,382,704$0$0$1,125,920
51$1,423,354$0$0$1,158,985
52$1,464,988$0$0$1,192,847
53$1,507,606$0$0$1,227,505
54$1,551,207$0$0$1,262,958
55$1,595,786$0$0$1,299,199
56$1,641,331$0$0$1,336,221
57$1,687,829$0$0$1,374,012
58$1,735,261$0$0$1,412,554
59$1,783,603$0$0$1,451,826
60$1,832,822$0$0$1,491,803
61$1,882,882$0$0$1,532,452
62$1,933,736$0$0$1,573,735
63$1,985,329$0$0$1,615,605
64$2,037,597$0$0$1,658,008
65$2,090,463$0$0$1,700,881
66$2,143,841$0$0$1,744,151
67$2,197,628$0$0$1,787,732
68$2,251,707$0$0$1,831,527
69$2,305,944$0$0$1,875,425
70$2,360,188$0$0$1,919,298
71$2,414,264$0$0$1,963,003
72$2,467,976$0$0$2,006,376
73$2,521,102$0$0$2,049,232
74$2,573,390$0$0$2,091,363
75$2,624,559$0$0$2,132,534
76$2,674,290$0$0$2,172,482
77$2,722,227$0$0$2,210,911
78$2,767,972$0$0$2,247,490
79$2,811,077$0$0$2,281,849
80$2,851,043$0$0$2,313,574
81$2,887,313$0$0$2,342,202
82$2,919,264$0$0$2,367,219
83$2,946,204$0$0$2,388,050
84$2,967,361$0$0$2,404,055
85$2,981,876$0$0$2,414,525
86$2,988,794$0$0$2,418,669
87$2,987,056$0$0$2,415,607
88$2,975,482$0$0$2,404,366
89$2,952,766$0$0$2,383,863
90$2,917,457$0$0$2,352,897
91$2,867,947$0$0$2,310,138
92$2,802,453$0$0$2,254,111
93$2,719,002$0$0$2,183,181
94$2,615,405$0$0$2,095,540
95$2,489,243$0$0$1,989,185
96$2,337,834$0$0$1,861,898
97$2,158,214$0$0$1,711,227
98$1,947,103$0$0$1,534,459
99$1,700,875$0$0$1,328,595
100$1,415,520$0$0$1,090,317