Can I retire at age 30 with 685,000?

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 $685,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$56,567$56,063$55,571$55,091$54,623$53,674
2 years$28,003$27,482$26,976$26,486$26,011$25,058
3 years$18,483$17,960$17,455$16,970$16,502$15,575
4 years$13,724$13,202$12,703$12,226$11,770$10,875
5 years$10,870$10,351$9,858$9,391$8,947$8,088
6 years$8,967$8,452$7,967$7,510$7,080$6,257
7 years$7,609$7,098$6,620$6,174$5,758$4,971
8 years$6,591$6,084$5,615$5,179$4,776$4,027
9 years$5,799$5,298$4,836$4,412$4,022$3,309
10 years$5,166$4,670$4,216$3,803$3,427$2,749
11 years$4,649$4,157$3,712$3,310$2,948$2,304
12 years$4,218$3,731$3,294$2,903$2,554$1,944
13 years$3,853$3,372$2,943$2,563$2,227$1,650
14 years$3,541$3,065$2,644$2,275$1,953$1,407
15 years$3,271$2,800$2,387$2,029$1,719$1,204
16 years$3,035$2,569$2,165$1,817$1,519$1,034
17 years$2,827$2,366$1,970$1,632$1,347$891
18 years$2,642$2,186$1,798$1,471$1,198$769
19 years$2,477$2,026$1,646$1,329$1,068$665
20 years$2,328$1,883$1,511$1,204$954$576
21 years$2,194$1,754$1,390$1,093$853$500
22 years$2,072$1,637$1,281$993$765$434
23 years$1,961$1,531$1,182$905$687$377
24 years$1,859$1,434$1,094$825$617$328
25 years$1,766$1,346$1,013$754$555$286
26 years$1,680$1,265$939$689$500$249
27 years$1,600$1,191$872$631$451$217
28 years$1,527$1,122$811$578$407$190
29 years$1,458$1,058$755$530$368$166
30 years$1,394$1,000$703$486$332$145
31 years$1,335$945$655$447$300$126
32 years$1,279$894$611$410$272$110
33 years$1,227$847$571$377$246$97
34 years$1,178$803$533$347$223$84
35 years$1,131$761$499$320$202$74
36 years$1,088$722$467$294$183$65
37 years$1,047$686$437$271$166$56
38 years$1,008$652$409$250$150$49
39 years$971$620$383$231$136$43
40 years$937$590$359$213$123$38
41 years$903$562$337$196$112$33
42 years$872$535$316$181$102$29
43 years$842$510$296$167$92$25
44 years$814$486$278$154$84$22
45 years$787$463$261$143$76$19
46 years$761$442$245$132$69$17
47 years$736$422$230$122$63$15
48 years$713$403$217$112$57$13
49 years$690$384$204$104$52$11
50 years$669$367$191$96$47$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $685,000, adding $5,760 every year, while hoping to spend $29,300 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: 33/37/30 Blend
29$685,000$685,000$685,000$685,000
30$760,811$724,506$713,889$778,853
31$807,239$728,832$706,629$797,461
32$857,421$732,388$698,144$814,520
33$911,708$735,105$688,362$832,346
34$970,487$736,911$677,208$851,028
35$1,034,184$737,727$664,602$870,667
36$1,103,267$737,471$650,461$891,375
37$1,178,249$736,056$634,701$913,279
38$1,259,696$733,389$617,229$936,519
39$1,348,231$729,371$597,953$961,255
40$1,444,539$723,898$576,772$987,664
41$1,549,371$716,858$553,583$1,015,945
42$1,663,557$708,134$528,278$1,046,321
43$1,788,009$697,602$500,744$1,079,040
44$1,923,730$685,128$470,863$1,114,379
45$2,071,824$670,574$438,512$1,152,646
46$2,233,509$653,791$403,560$1,194,187
47$2,410,122$634,621$365,874$1,239,386
48$2,603,136$612,900$325,313$1,288,671
49$2,814,174$588,450$281,729$1,342,517
50$3,045,022$561,086$234,969$1,401,454
51$3,297,646$530,611$184,872$1,466,072
52$3,574,211$496,816$131,271$1,537,025
53$3,877,103$459,482$73,991$1,615,041
54$4,208,947$418,376$12,849$1,700,928
55$4,572,635$373,252$0$1,795,583
56$4,971,351$323,849$0$1,916,775
57$5,408,605$269,894$0$2,054,316
58$5,888,259$211,095$0$2,205,380
59$6,414,569$147,146$0$2,371,394
60$6,992,222$77,724$0$2,553,937
61$7,626,382$2,486$0$2,754,755
62$8,322,737$0$0$2,975,774
63$9,087,551$0$0$3,251,259
64$9,927,727$0$0$3,555,112
65$10,850,868$0$0$3,889,083
66$11,865,351$0$0$4,256,216
67$12,980,403$0$0$4,659,865
68$14,206,192$0$0$5,103,727
69$15,553,917$0$0$5,591,872
70$17,035,919$0$0$6,128,786
71$18,665,793$0$0$6,719,412
72$20,458,519$0$0$7,369,194
73$22,430,602$0$0$8,084,133
74$24,600,223$0$0$8,870,839
75$26,987,420$0$0$9,736,595
76$29,614,267$0$0$10,689,428
77$32,505,088$0$0$11,738,181
78$35,686,682$0$0$12,892,597
79$39,188,581$0$0$14,163,413
80$43,043,321$0$0$15,562,459
81$47,286,757$0$0$17,102,771
82$51,958,393$0$0$18,798,712
83$57,101,760$0$0$20,666,110
84$62,764,824$0$0$22,722,405
85$69,000,440$0$0$24,986,815
86$75,866,847$0$0$27,480,517
87$83,428,220$0$0$30,226,846
88$91,755,277$0$0$33,251,515
89$100,925,941$0$0$36,582,858
90$111,026,079$0$0$40,252,098
91$122,150,310$0$0$44,293,641
92$134,402,899$0$0$48,745,400
93$147,898,741$0$0$53,649,154
94$162,764,440$0$0$59,050,939
95$179,139,511$0$0$65,001,488
96$197,177,693$0$0$71,556,705
97$217,048,396$0$0$78,778,194
98$238,938,307$0$0$86,733,840
99$263,053,144$0$0$95,498,449
100$289,619,603$0$0$105,154,459