Can I retire at age 30 with 686,000?

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 $686,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$56,649$56,145$55,652$55,172$54,703$54,381
2 years$28,044$27,522$27,016$26,525$26,049$25,724
3 years$18,510$17,986$17,481$16,995$16,526$16,209
4 years$13,744$13,222$12,722$12,244$11,787$11,479
5 years$10,886$10,366$9,873$9,404$8,960$8,663
6 years$8,980$8,464$7,978$7,521$7,090$6,803
7 years$7,620$7,108$6,630$6,183$5,766$5,491
8 years$6,600$6,093$5,623$5,187$4,783$4,519
9 years$5,807$5,305$4,843$4,418$4,028$3,775
10 years$5,174$4,676$4,222$3,808$3,432$3,190
11 years$4,655$4,163$3,717$3,315$2,952$2,720
12 years$4,224$3,737$3,299$2,907$2,558$2,337
13 years$3,859$3,377$2,947$2,567$2,231$2,020
14 years$3,546$3,069$2,648$2,278$1,955$1,755
15 years$3,276$2,804$2,391$2,032$1,722$1,531
16 years$3,039$2,573$2,168$1,819$1,522$1,340
17 years$2,831$2,369$1,973$1,635$1,349$1,177
18 years$2,646$2,189$1,801$1,473$1,200$1,036
19 years$2,480$2,029$1,648$1,331$1,069$915
20 years$2,331$1,885$1,513$1,206$955$809
21 years$2,197$1,756$1,392$1,094$855$717
22 years$2,075$1,639$1,283$995$766$636
23 years$1,964$1,533$1,184$906$688$565
24 years$1,862$1,437$1,095$826$618$502
25 years$1,769$1,348$1,014$755$556$447
26 years$1,682$1,267$941$690$501$398
27 years$1,603$1,192$874$632$452$355
28 years$1,529$1,124$812$579$408$317
29 years$1,460$1,060$756$531$368$283
30 years$1,396$1,001$704$487$333$253
31 years$1,337$946$656$447$301$226
32 years$1,281$895$612$411$272$202
33 years$1,229$848$572$378$246$181
34 years$1,179$804$534$348$223$162
35 years$1,133$762$499$320$202$145
36 years$1,090$724$467$295$183$130
37 years$1,048$687$437$272$166$116
38 years$1,010$653$409$250$150$104
39 years$973$621$384$231$136$93
40 years$938$591$360$213$124$84
41 years$905$562$337$196$112$75
42 years$873$536$316$181$102$67
43 years$844$510$297$167$92$60
44 years$815$486$279$155$84$54
45 years$788$464$262$143$76$49
46 years$762$443$246$132$69$44
47 years$737$422$231$122$63$39
48 years$714$403$217$113$57$35
49 years$691$385$204$104$52$31
50 years$670$368$192$96$47$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $686,000, adding $5,309 every year, while hoping to spend $34,574 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: 65/18/17 Blend
29$686,000$686,000$686,000$686,000
30$761,448$725,090$714,457$807,421
31$802,329$723,833$701,605$837,624
32$846,222$721,356$687,164$866,153
33$893,396$717,562$671,043$896,492
34$944,149$712,349$653,150$928,817
35$998,807$705,609$633,385$963,327
36$1,057,728$697,226$611,646$1,000,236
37$1,121,306$687,080$587,826$1,039,785
38$1,189,974$675,041$561,812$1,082,241
39$1,264,205$660,973$533,487$1,127,896
40$1,344,523$644,730$502,729$1,177,077
41$1,431,502$626,159$469,407$1,230,143
42$1,525,772$605,098$433,390$1,287,491
43$1,628,029$581,375$394,536$1,349,563
44$1,739,034$554,808$352,699$1,416,845
45$1,859,627$525,206$307,726$1,489,875
46$1,990,732$492,364$259,458$1,569,249
47$2,133,365$456,068$207,728$1,655,623
48$2,288,642$416,090$152,361$1,749,726
49$2,457,795$372,189$93,176$1,852,362
50$2,642,177$324,113$29,984$1,964,417
51$2,843,276$271,592$0$2,086,875
52$3,062,733$214,342$0$2,227,613
53$3,302,352$152,065$0$2,387,282
54$3,564,119$84,444$0$2,561,800
55$3,850,222$11,145$0$2,752,671
56$4,163,068$0$0$2,961,552
57$4,505,309$0$0$3,203,778
58$4,879,862$0$0$3,471,334
59$5,289,943$0$0$3,764,316
60$5,739,091$0$0$4,085,257
61$6,231,203$0$0$4,436,949
62$6,770,573$0$0$4,822,466
63$7,361,927$0$0$5,245,193
64$8,010,474$0$0$5,708,860
65$8,721,948$0$0$6,217,574
66$9,502,665$0$0$6,775,858
67$10,359,585$0$0$7,388,697
68$11,300,372$0$0$8,061,578
69$12,333,468$0$0$8,800,549
70$13,468,175$0$0$9,612,271
71$14,714,737$0$0$10,504,082
72$16,084,443$0$0$11,484,066
73$17,589,726$0$0$12,561,127
74$19,244,284$0$0$13,745,078
75$21,063,210$0$0$15,046,727
76$23,063,131$0$0$16,477,984
77$25,262,366$0$0$18,051,968
78$27,681,096$0$0$19,783,136
79$30,341,559$0$0$21,687,413
80$33,268,255$0$0$23,782,348
81$36,488,176$0$0$26,087,276
82$40,031,067$0$0$28,623,498
83$43,929,697$0$0$31,414,488
84$48,220,174$0$0$34,486,108
85$52,942,284$0$0$37,866,854
86$58,139,863$0$0$41,588,126
87$63,861,217$0$0$45,684,521
88$70,159,567$0$0$50,194,162
89$77,093,561$0$0$55,159,057
90$84,727,821$0$0$60,625,491
91$93,133,553$0$0$66,644,467
92$102,389,220$0$0$73,272,188
93$112,581,279$0$0$80,570,580
94$123,805,003$0$0$88,607,884
95$136,165,370$0$0$97,459,295
96$149,778,060$0$0$107,207,673
97$164,770,545$0$0$117,944,322
98$181,283,290$0$0$129,769,855
99$199,471,078$0$0$142,795,142
100$219,504,474$0$0$157,142,354