Can I retire at age 30 with 625,000?

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 $625,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$51,612$51,152$50,704$50,266$49,838$48,070
2 years$25,550$25,075$24,613$24,166$23,733$21,970
3 years$16,864$16,387$15,927$15,484$15,057$13,355
4 years$12,522$12,046$11,590$11,155$10,739$9,111
5 years$9,918$9,444$8,995$8,568$8,163$6,614
6 years$8,182$7,712$7,269$6,852$6,459$4,989
7 years$6,942$6,476$6,041$5,633$5,253$3,862
8 years$6,013$5,551$5,123$4,726$4,358$3,045
9 years$5,291$4,834$4,412$4,025$3,670$2,434
10 years$4,714$4,261$3,847$3,470$3,127$1,965
11 years$4,241$3,793$3,387$3,020$2,689$1,599
12 years$3,848$3,404$3,006$2,649$2,331$1,309
13 years$3,516$3,076$2,685$2,338$2,032$1,077
14 years$3,231$2,796$2,413$2,076$1,782$890
15 years$2,984$2,555$2,178$1,851$1,569$738
16 years$2,769$2,344$1,975$1,658$1,386$613
17 years$2,579$2,159$1,797$1,489$1,229$511
18 years$2,410$1,995$1,641$1,342$1,093$426
19 years$2,260$1,849$1,502$1,213$974$356
20 years$2,124$1,718$1,378$1,098$870$298
21 years$2,002$1,600$1,268$997$779$249
22 years$1,891$1,494$1,168$906$698$209
23 years$1,789$1,397$1,079$825$627$175
24 years$1,697$1,309$998$753$563$147
25 years$1,611$1,228$924$688$507$123
26 years$1,533$1,154$857$629$456$104
27 years$1,460$1,086$796$575$412$87
28 years$1,393$1,024$740$527$371$73
29 years$1,330$966$689$483$335$62
30 years$1,272$912$641$444$303$52
31 years$1,218$862$598$408$274$44
32 years$1,167$816$558$375$248$37
33 years$1,119$773$521$344$224$31
34 years$1,074$732$487$317$203$26
35 years$1,032$695$455$292$184$22
36 years$993$659$426$269$167$18
37 years$955$626$398$248$151$15
38 years$920$595$373$228$137$13
39 years$886$566$350$210$124$11
40 years$854$538$328$194$113$9
41 years$824$512$307$179$102$8
42 years$796$488$288$165$93$7
43 years$768$465$270$153$84$5
44 years$743$443$254$141$76$5
45 years$718$423$238$130$69$4
46 years$694$403$224$120$63$3
47 years$672$385$210$111$57$3
48 years$650$367$198$103$52$2
49 years$630$351$186$95$47$2
50 years$610$335$175$88$43$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $625,000, adding $5,158 every year, while hoping to spend $25,084 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: 44/36/20 Blend
29$625,000$625,000$625,000$625,000
30$694,070$660,945$651,258$720,387
31$738,176$666,643$646,386$745,133
32$785,941$671,778$640,510$769,076
33$837,709$676,298$633,570$794,510
34$893,864$680,145$625,503$821,586
35$954,824$683,258$616,243$850,470
36$1,021,050$685,572$605,721$881,346
37$1,093,049$687,017$593,865$914,420
38$1,171,380$687,520$580,599$949,919
39$1,256,656$687,004$565,844$988,095
40$1,349,552$685,385$549,518$1,029,227
41$1,450,813$682,575$531,533$1,073,625
42$1,561,256$678,481$511,799$1,121,630
43$1,681,781$673,004$490,221$1,173,624
44$1,813,380$666,038$466,701$1,230,026
45$1,957,144$657,473$441,135$1,291,303
46$2,114,274$647,191$413,415$1,357,969
47$2,286,093$635,066$383,427$1,430,596
48$2,474,057$620,966$351,053$1,509,815
49$2,679,768$604,751$316,171$1,596,325
50$2,904,993$586,272$278,651$1,690,900
51$3,151,675$565,373$238,359$1,794,395
52$3,421,955$541,885$195,153$1,907,757
53$3,718,191$515,635$148,888$2,032,031
54$4,042,981$486,435$99,410$2,168,376
55$4,399,183$454,088$46,558$2,318,070
56$4,789,948$418,387$0$2,482,528
57$5,218,745$379,110$0$2,665,414
58$5,689,397$336,027$0$2,877,095
59$6,206,113$288,889$0$3,109,572
60$6,773,531$237,439$0$3,364,997
61$7,396,758$181,401$0$3,645,741
62$8,081,424$120,486$0$3,954,424
63$8,833,726$54,386$0$4,293,936
64$9,660,495$0$0$4,667,467
65$10,569,254$0$0$5,085,356
66$11,568,295$0$0$5,568,528
67$12,666,747$0$0$6,099,863
68$13,874,675$0$0$6,684,241
69$15,203,162$0$0$7,327,033
70$16,664,424$0$0$8,034,162
71$18,271,916$0$0$8,812,151
72$20,040,465$0$0$9,668,188
73$21,986,408$0$0$10,610,193
74$24,127,744$0$0$11,646,890
75$26,484,306$0$0$12,787,897
76$29,077,947$0$0$14,043,807
77$31,932,745$0$0$15,426,292
78$35,075,231$0$0$16,948,217
79$38,534,639$0$0$18,623,755
80$42,343,181$0$0$20,468,522
81$46,536,352$0$0$22,499,727
82$51,153,263$0$0$24,736,333
83$56,237,009$0$0$27,199,234
84$61,835,081$0$0$29,911,454
85$67,999,805$0$0$32,898,365
86$74,788,844$0$0$36,187,923
87$82,265,737$0$0$39,810,934
88$90,500,498$0$0$43,801,345
89$99,570,280$0$0$48,196,564
90$109,560,099$0$0$53,037,811
91$120,563,641$0$0$58,370,509
92$132,684,138$0$0$64,244,712
93$146,035,351$0$0$70,715,576
94$160,742,636$0$0$77,843,882
95$176,944,133$0$0$85,696,608
96$194,792,063$0$0$94,347,560
97$214,454,171$0$0$103,878,072
98$236,115,303$0$0$114,377,768
99$259,979,155$0$0$125,945,413
100$286,270,192$0$0$138,689,843