Can I retire at age 30 with 636,000?

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 $636,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$52,520$52,052$51,596$51,151$50,716$49,999
2 years$26,000$25,516$25,047$24,592$24,150$23,430
3 years$17,161$16,675$16,207$15,756$15,322$14,620
4 years$12,743$12,258$11,794$11,351$10,928$10,249
5 years$10,092$9,610$9,153$8,719$8,307$7,655
6 years$8,326$7,848$7,397$6,973$6,573$5,947
7 years$7,065$6,590$6,147$5,733$5,346$4,747
8 years$6,119$5,649$5,213$4,809$4,435$3,862
9 years$5,384$4,919$4,490$4,096$3,735$3,189
10 years$4,796$4,335$3,914$3,531$3,182$2,662
11 years$4,316$3,860$3,446$3,073$2,737$2,242
12 years$3,916$3,464$3,058$2,695$2,372$1,902
13 years$3,578$3,131$2,733$2,380$2,068$1,623
14 years$3,288$2,846$2,455$2,112$1,813$1,391
15 years$3,037$2,600$2,217$1,884$1,596$1,198
16 years$2,818$2,385$2,010$1,687$1,411$1,034
17 years$2,624$2,197$1,829$1,516$1,251$896
18 years$2,453$2,030$1,669$1,366$1,112$778
19 years$2,299$1,881$1,528$1,234$991$676
20 years$2,162$1,748$1,403$1,118$885$589
21 years$2,037$1,628$1,290$1,014$792$514
22 years$1,924$1,520$1,189$922$710$450
23 years$1,821$1,422$1,098$840$638$393
24 years$1,726$1,332$1,015$766$573$344
25 years$1,640$1,250$940$700$516$302
26 years$1,560$1,175$872$640$465$265
27 years$1,486$1,106$810$586$419$232
28 years$1,418$1,042$753$537$378$204
29 years$1,354$983$701$492$341$179
30 years$1,295$928$653$452$308$158
31 years$1,239$877$608$415$279$139
32 years$1,188$830$568$381$252$122
33 years$1,139$786$530$350$228$107
34 years$1,093$745$495$322$207$94
35 years$1,051$707$463$297$187$83
36 years$1,010$671$433$273$170$73
37 years$972$637$405$252$154$64
38 years$936$605$380$232$139$57
39 years$902$576$356$214$126$50
40 years$870$548$333$197$115$44
41 years$839$521$313$182$104$39
42 years$810$497$293$168$94$34
43 years$782$473$275$155$86$30
44 years$756$451$258$143$78$27
45 years$731$430$243$132$71$23
46 years$707$410$228$122$64$21
47 years$684$392$214$113$58$18
48 years$662$374$201$104$53$16
49 years$641$357$189$96$48$14
50 years$621$341$178$89$44$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $636,000, adding $3,413 every year, while hoping to spend $39,089 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: 33/42/25 Blend
29$636,000$636,000$636,000$636,000
30$704,393$670,685$660,827$722,170
31$734,650$661,958$641,374$727,127
32$766,684$651,493$619,959$728,715
33$800,634$639,164$596,476$729,647
34$836,653$624,838$570,812$729,890
35$874,908$608,371$542,851$729,412
36$915,582$589,614$512,470$728,183
37$958,874$568,409$479,541$726,172
38$1,005,005$544,586$443,931$723,350
39$1,054,213$517,969$405,500$719,690
40$1,106,761$488,368$364,103$715,167
41$1,162,937$455,584$319,587$709,759
42$1,223,057$419,408$271,793$703,447
43$1,287,466$379,617$220,556$696,216
44$1,356,545$335,974$165,701$688,055
45$1,430,708$288,233$107,048$678,960
46$1,510,414$236,130$44,407$668,932
47$1,596,163$179,388$0$657,981
48$1,688,508$117,714$0$652,111
49$1,788,051$50,797$0$658,394
50$1,895,459$0$0$665,071
51$2,011,461$0$0$682,276
52$2,136,858$0$0$726,328
53$2,272,534$0$0$774,069
54$2,419,456$0$0$825,849
55$2,578,691$0$0$882,055
56$2,751,410$0$0$943,111
57$2,938,901$0$0$1,009,484
58$3,142,583$0$0$1,081,688
59$3,364,013$0$0$1,160,287
60$3,604,907$0$0$1,245,904
61$3,867,152$0$0$1,339,223
62$4,152,824$0$0$1,440,996
63$4,464,208$0$0$1,552,054
64$4,803,819$0$0$1,673,308
65$5,174,424$0$0$1,805,762
66$5,579,071$0$0$1,950,523
67$6,021,112$0$0$2,108,807
68$6,504,240$0$0$2,281,955
69$7,032,520$0$0$2,471,443
70$7,610,428$0$0$2,678,896
71$8,242,890$0$0$2,906,103
72$8,935,334$0$0$3,155,035
73$9,693,735$0$0$3,427,861
74$10,524,673$0$0$3,726,973
75$11,435,395$0$0$4,055,003
76$12,433,883$0$0$4,414,850
77$13,528,927$0$0$4,809,708
78$14,730,210$0$0$5,243,094
79$16,048,395$0$0$5,718,884
80$17,495,230$0$0$6,241,346
81$19,083,653$0$0$6,815,182
82$20,827,920$0$0$7,445,571
83$22,743,730$0$0$8,138,220
84$24,848,380$0$0$8,899,415
85$27,160,926$0$0$9,736,082
86$29,702,359$0$0$10,655,849
87$32,495,804$0$0$11,667,124
88$35,566,742$0$0$12,779,167
89$38,943,240$0$0$14,002,181
90$42,656,225$0$0$15,347,407
91$46,739,769$0$0$16,827,233
92$51,231,412$0$0$18,455,304
93$56,172,513$0$0$20,246,656
94$61,608,646$0$0$22,217,857
95$67,590,020$0$0$24,387,161
96$74,171,959$0$0$26,774,682
97$81,415,419$0$0$29,402,580
98$89,387,568$0$0$32,295,275
99$98,162,410$0$0$35,479,675
100$107,821,492$0$0$38,985,427