Can I retire at age 30 with 654,000?

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 $654,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$54,007$53,526$53,056$52,598$52,151$51,521
2 years$26,736$26,238$25,755$25,288$24,834$24,199
3 years$17,647$17,147$16,666$16,202$15,756$15,137
4 years$13,103$12,605$12,128$11,673$11,237$10,639
5 years$10,378$9,882$9,412$8,966$8,542$7,966
6 years$8,561$8,070$7,606$7,170$6,759$6,206
7 years$7,265$6,777$6,321$5,895$5,497$4,967
8 years$6,292$5,809$5,361$4,945$4,560$4,053
9 years$5,537$5,058$4,617$4,212$3,840$3,356
10 years$4,932$4,458$4,025$3,631$3,272$2,811
11 years$4,438$3,969$3,544$3,160$2,814$2,375
12 years$4,027$3,562$3,145$2,772$2,439$2,021
13 years$3,679$3,219$2,810$2,447$2,127$1,730
14 years$3,381$2,926$2,525$2,172$1,864$1,488
15 years$3,123$2,673$2,279$1,937$1,641$1,285
16 years$2,897$2,453$2,067$1,735$1,451$1,114
17 years$2,699$2,259$1,881$1,558$1,286$968
18 years$2,522$2,087$1,717$1,404$1,144$843
19 years$2,365$1,934$1,572$1,269$1,019$736
20 years$2,223$1,797$1,442$1,149$911$644
21 years$2,095$1,674$1,327$1,043$815$564
22 years$1,978$1,563$1,223$948$730$495
23 years$1,872$1,462$1,129$864$656$435
24 years$1,775$1,370$1,044$788$589$382
25 years$1,686$1,285$967$719$530$336
26 years$1,604$1,208$897$658$478$296
27 years$1,528$1,137$833$602$431$261
28 years$1,458$1,071$774$552$389$230
29 years$1,392$1,011$720$506$351$203
30 years$1,331$954$671$464$317$179
31 years$1,274$902$626$426$287$158
32 years$1,221$854$584$392$259$140
33 years$1,171$808$545$360$235$123
34 years$1,124$766$509$332$212$109
35 years$1,080$727$476$305$192$97
36 years$1,039$690$445$281$174$85
37 years$999$655$417$259$158$75
38 years$962$623$390$239$143$67
39 years$927$592$366$220$130$59
40 years$894$563$343$203$118$52
41 years$863$536$321$187$107$46
42 years$833$511$302$173$97$41
43 years$804$487$283$160$88$36
44 years$777$464$266$147$80$32
45 years$751$442$249$136$73$28
46 years$727$422$234$126$66$25
47 years$703$403$220$116$60$22
48 years$681$384$207$107$54$20
49 years$659$367$194$99$49$17
50 years$639$351$183$92$45$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $654,000, adding $6,980 every year, while hoping to spend $49,891 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: 46/33/21 Blend
29$654,000$654,000$654,000$654,000
30$727,908$693,246$683,109$756,726
31$749,071$674,131$652,909$758,510
32$770,720$652,408$620,026$754,945
33$792,853$627,895$584,316$750,049
34$815,464$600,403$545,631$743,723
35$838,547$569,727$503,815$735,858
36$862,091$535,656$458,705$726,341
37$886,084$497,963$410,131$715,050
38$910,510$456,408$357,916$701,856
39$935,349$410,740$301,874$686,621
40$960,580$360,691$241,811$669,200
41$986,173$305,979$177,526$649,437
42$1,012,097$246,306$108,807$627,167
43$1,038,313$181,357$35,435$602,214
44$1,064,777$110,800$0$574,389
45$1,091,438$34,283$0$553,101
46$1,118,237$0$0$537,627
47$1,145,106$0$0$537,486
48$1,171,970$0$0$549,749
49$1,198,742$0$0$561,923
50$1,225,321$0$0$573,956
51$1,251,597$0$0$585,790
52$1,277,445$0$0$597,359
53$1,302,721$0$0$608,591
54$1,327,268$0$0$619,403
55$1,350,906$0$0$629,703
56$1,373,435$0$0$639,387
57$1,394,631$0$0$648,342
58$1,414,244$0$0$656,437
59$1,431,994$0$0$663,531
60$1,447,570$0$0$669,461
61$1,460,624$0$0$674,052
62$1,470,771$0$0$677,105
63$1,477,578$0$0$678,400
64$1,480,569$0$0$677,691
65$1,479,212$0$0$674,709
66$1,472,917$0$0$669,151
67$1,461,028$0$0$660,683
68$1,442,820$0$0$648,935
69$1,417,486$0$0$633,495
70$1,384,135$0$0$613,910
71$1,341,777$0$0$589,674
72$1,289,317$0$0$560,230
73$1,225,543$0$0$524,961
74$1,149,112$0$0$483,184
75$1,058,540$0$0$434,142
76$952,184$0$0$377,001
77$828,229$0$0$310,837
78$684,667$0$0$234,628
79$519,278$0$0$147,247
80$329,609$0$0$47,447
81$112,952$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