Can I retire at age 30 with 635,000?

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 $635,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$52,438$51,971$51,515$51,070$50,636$49,797
2 years$25,959$25,476$25,007$24,553$24,112$23,270
3 years$17,134$16,649$16,181$15,731$15,298$14,478
4 years$12,723$12,239$11,776$11,334$10,911$10,119
5 years$10,076$9,595$9,139$8,705$8,294$7,533
6 years$8,313$7,835$7,385$6,962$6,563$5,834
7 years$7,053$6,580$6,137$5,724$5,337$4,641
8 years$6,110$5,640$5,205$4,801$4,428$3,763
9 years$5,376$4,911$4,483$4,090$3,729$3,096
10 years$4,789$4,329$3,908$3,525$3,177$2,575
11 years$4,309$3,854$3,441$3,068$2,732$2,161
12 years$3,910$3,459$3,054$2,691$2,368$1,826
13 years$3,572$3,126$2,728$2,376$2,065$1,552
14 years$3,283$2,841$2,451$2,109$1,810$1,325
15 years$3,032$2,595$2,213$1,881$1,594$1,136
16 years$2,813$2,381$2,007$1,684$1,409$977
17 years$2,620$2,193$1,826$1,513$1,249$842
18 years$2,449$2,027$1,667$1,364$1,110$728
19 years$2,296$1,878$1,526$1,232$990$631
20 years$2,158$1,745$1,400$1,116$884$547
21 years$2,034$1,626$1,288$1,013$791$475
22 years$1,921$1,517$1,187$921$709$413
23 years$1,818$1,419$1,096$839$637$360
24 years$1,724$1,330$1,014$765$572$314
25 years$1,637$1,248$939$699$515$274
26 years$1,557$1,173$871$639$464$239
27 years$1,484$1,104$809$585$418$209
28 years$1,415$1,040$752$536$377$182
29 years$1,352$981$700$491$341$160
30 years$1,293$927$652$451$308$140
31 years$1,237$876$607$414$278$122
32 years$1,186$829$567$381$252$107
33 years$1,137$785$529$350$228$94
34 years$1,092$744$494$322$206$82
35 years$1,049$706$462$296$187$72
36 years$1,009$670$432$273$169$63
37 years$970$636$405$251$153$55
38 years$934$605$379$232$139$48
39 years$900$575$355$214$126$42
40 years$868$547$333$197$114$37
41 years$838$521$312$182$104$33
42 years$808$496$293$168$94$29
43 years$781$472$275$155$85$25
44 years$754$450$258$143$78$22
45 years$729$429$242$132$70$19
46 years$705$410$227$122$64$17
47 years$683$391$214$113$58$15
48 years$661$373$201$104$53$13
49 years$640$356$189$96$48$11
50 years$620$340$177$89$44$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $635,000, adding $2,274 every year, while hoping to spend $38,914 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: 73/14/13 Blend
29$635,000$635,000$635,000$635,000
30$702,116$668,461$658,618$751,282
31$732,327$659,811$639,278$775,465
32$764,316$649,433$617,985$796,926
33$798,223$637,202$594,634$819,384
34$834,200$622,983$569,113$842,928
35$872,416$606,637$541,305$867,657
36$913,053$588,012$511,089$893,680
37$956,312$566,953$478,339$921,117
38$1,002,412$543,290$442,920$950,104
39$1,051,594$516,848$404,694$980,789
40$1,104,122$487,438$363,516$1,013,336
41$1,160,283$454,863$319,234$1,047,930
42$1,220,394$418,913$271,690$1,084,772
43$1,284,801$379,367$220,719$1,124,087
44$1,353,886$335,992$166,149$1,166,123
45$1,428,066$288,539$107,798$1,211,156
46$1,507,799$236,747$45,480$1,259,491
47$1,593,588$180,341$0$1,311,467
48$1,685,985$119,029$0$1,370,373
49$1,785,596$52,503$0$1,440,629
50$1,893,089$0$0$1,516,408
51$2,009,195$0$0$1,601,263
52$2,134,719$0$0$1,701,767
53$2,270,544$0$0$1,810,544
54$2,417,644$0$0$1,928,375
55$2,577,086$0$0$2,056,120
56$2,750,045$0$0$2,194,722
57$2,937,815$0$0$2,345,221
58$3,141,816$0$0$2,508,760
59$3,363,611$0$0$2,686,597
60$3,604,922$0$0$2,880,114
61$3,867,641$0$0$3,090,834
62$4,153,849$0$0$3,320,431
63$4,465,840$0$0$3,570,748
64$4,806,136$0$0$3,843,814
65$5,177,512$0$0$4,141,861
66$5,583,025$0$0$4,467,348
67$6,026,038$0$0$4,822,979
68$6,510,255$0$0$5,211,734
69$7,039,754$0$0$5,636,891
70$7,619,023$0$0$6,102,061
71$8,253,006$0$0$6,611,220
72$8,947,146$0$0$7,168,746
73$9,707,437$0$0$7,779,460
74$10,540,479$0$0$8,448,671
75$11,453,542$0$0$9,182,226
76$12,454,633$0$0$9,986,566
77$13,552,569$0$0$10,868,782
78$14,757,063$0$0$11,836,687
79$16,078,812$0$0$12,898,885
80$17,529,601$0$0$14,064,857
81$19,122,408$0$0$15,345,041
82$20,871,533$0$0$16,750,939
83$22,792,726$0$0$18,295,222
84$24,903,337$0$0$19,991,845
85$27,222,483$0$0$21,856,185
86$29,771,219$0$0$23,905,180
87$32,572,746$0$0$26,157,493
88$35,652,622$0$0$28,633,682
89$39,039,006$0$0$31,356,398
90$42,762,919$0$0$34,350,596
91$46,858,543$0$0$37,643,772
92$51,363,535$0$0$41,266,219
93$56,319,388$0$0$45,251,312
94$61,771,815$0$0$49,635,827
95$67,771,188$0$0$54,460,283
96$74,373,003$0$0$59,769,323
97$81,638,413$0$0$65,612,140
98$89,634,794$0$0$72,042,934
99$98,436,387$0$0$79,121,427
100$108,124,997$0$0$86,913,424