Can I retire at age 30 with 686,000?

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 $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%11.9%
1 years$56,649$56,145$55,652$55,172$54,703$54,267
2 years$28,044$27,522$27,016$26,525$26,049$25,610
3 years$18,510$17,986$17,481$16,995$16,526$16,097
4 years$13,744$13,222$12,722$12,244$11,787$11,371
5 years$10,886$10,366$9,873$9,404$8,960$8,559
6 years$8,980$8,464$7,978$7,521$7,090$6,704
7 years$7,620$7,108$6,630$6,183$5,766$5,395
8 years$6,600$6,093$5,623$5,187$4,783$4,428
9 years$5,807$5,305$4,843$4,418$4,028$3,688
10 years$5,174$4,676$4,222$3,808$3,432$3,107
11 years$4,655$4,163$3,717$3,315$2,952$2,642
12 years$4,224$3,737$3,299$2,907$2,558$2,262
13 years$3,859$3,377$2,947$2,567$2,231$1,949
14 years$3,546$3,069$2,648$2,278$1,955$1,688
15 years$3,276$2,804$2,391$2,032$1,722$1,467
16 years$3,039$2,573$2,168$1,819$1,522$1,280
17 years$2,831$2,369$1,973$1,635$1,349$1,121
18 years$2,646$2,189$1,801$1,473$1,200$983
19 years$2,480$2,029$1,648$1,331$1,069$865
20 years$2,331$1,885$1,513$1,206$955$762
21 years$2,197$1,756$1,392$1,094$855$672
22 years$2,075$1,639$1,283$995$766$594
23 years$1,964$1,533$1,184$906$688$526
24 years$1,862$1,437$1,095$826$618$466
25 years$1,769$1,348$1,014$755$556$413
26 years$1,682$1,267$941$690$501$367
27 years$1,603$1,192$874$632$452$326
28 years$1,529$1,124$812$579$408$290
29 years$1,460$1,060$756$531$368$258
30 years$1,396$1,001$704$487$333$229
31 years$1,337$946$656$447$301$204
32 years$1,281$895$612$411$272$182
33 years$1,229$848$572$378$246$162
34 years$1,179$804$534$348$223$144
35 years$1,133$762$499$320$202$129
36 years$1,090$724$467$295$183$115
37 years$1,048$687$437$272$166$102
38 years$1,010$653$409$250$150$91
39 years$973$621$384$231$136$81
40 years$938$591$360$213$124$73
41 years$905$562$337$196$112$65
42 years$873$536$316$181$102$58
43 years$844$510$297$167$92$52
44 years$815$486$279$155$84$46
45 years$788$464$262$143$76$41
46 years$762$443$246$132$69$37
47 years$737$422$231$122$63$33
48 years$714$403$217$113$57$29
49 years$691$385$204$104$52$26
50 years$670$368$192$96$47$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $686,000, adding $4,476 every year, while hoping to spend $57,834 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: 64/23/13 Blend
29$686,000$686,000$686,000$686,000
30$760,589$724,231$713,598$806,665
31$776,634$698,183$675,969$811,993
32$792,378$668,921$635,140$810,708
33$807,727$636,226$590,945$807,870
34$822,580$599,866$543,206$803,326
35$836,821$559,596$491,741$796,911
36$850,320$515,160$436,358$788,447
37$862,933$466,282$376,856$777,738
38$874,497$412,675$313,025$764,573
39$884,832$354,033$244,648$748,722
40$893,737$290,033$171,496$729,934
41$900,988$220,334$93,331$707,937
42$906,336$144,578$9,905$682,436
43$909,502$62,382$0$653,108
44$910,180$0$0$630,579
45$908,025$0$0$612,416
46$902,659$0$0$607,749
47$893,658$0$0$600,491
48$880,556$0$0$590,312
49$862,833$0$0$576,845
50$839,915$0$0$559,683
51$811,165$0$0$538,377
52$775,879$0$0$512,427
53$733,275$0$0$481,284
54$682,491$0$0$444,337
55$622,571$0$0$400,911
56$552,460$0$0$350,260
57$470,987$0$0$291,559
58$376,864$0$0$223,896
59$268,661$0$0$146,263
60$144,803$0$0$57,547
61$3,546$0$0$0
62$0$0$0$0
63$0$0$0$0
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0