Can I retire at age 30 with 665,000?

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 $665,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$54,915$54,426$53,949$53,483$53,028$51,065
2 years$27,186$26,679$26,189$25,713$25,251$23,296
3 years$17,944$17,435$16,946$16,475$16,021$14,134
4 years$13,324$12,817$12,332$11,869$11,426$9,623
5 years$10,552$10,049$9,570$9,117$8,686$6,971
6 years$8,705$8,205$7,734$7,291$6,873$5,247
7 years$7,387$6,891$6,427$5,994$5,589$4,053
8 years$6,398$5,907$5,451$5,028$4,637$3,188
9 years$5,630$5,143$4,695$4,283$3,905$2,541
10 years$5,015$4,533$4,093$3,692$3,327$2,046
11 years$4,513$4,036$3,603$3,213$2,862$1,661
12 years$4,094$3,622$3,198$2,818$2,480$1,356
13 years$3,741$3,273$2,857$2,488$2,162$1,113
14 years$3,438$2,975$2,567$2,209$1,896$917
15 years$3,175$2,718$2,318$1,970$1,669$758
16 years$2,946$2,494$2,101$1,764$1,475$628
17 years$2,744$2,297$1,912$1,585$1,308$521
18 years$2,565$2,122$1,746$1,428$1,163$434
19 years$2,404$1,967$1,598$1,290$1,037$361
20 years$2,260$1,828$1,467$1,169$926$301
21 years$2,130$1,702$1,349$1,061$829$252
22 years$2,012$1,589$1,243$964$743$210
23 years$1,904$1,486$1,148$878$667$176
24 years$1,805$1,393$1,062$801$599$147
25 years$1,714$1,307$983$732$539$123
26 years$1,631$1,228$912$669$486$103
27 years$1,554$1,156$847$612$438$86
28 years$1,482$1,089$787$561$395$72
29 years$1,416$1,028$733$514$357$61
30 years$1,354$970$682$472$322$51
31 years$1,296$917$636$434$291$43
32 years$1,242$868$594$398$264$36
33 years$1,191$822$554$366$239$30
34 years$1,143$779$518$337$216$25
35 years$1,098$739$484$310$196$21
36 years$1,056$701$453$286$177$18
37 years$1,016$666$424$263$161$15
38 years$979$633$397$243$146$12
39 years$943$602$372$224$132$10
40 years$909$573$349$206$120$9
41 years$877$545$327$190$109$7
42 years$847$519$307$176$99$6
43 years$818$495$288$162$90$5
44 years$790$472$270$150$81$4
45 years$764$450$254$138$74$4
46 years$739$429$238$128$67$3
47 years$715$409$224$118$61$3
48 years$692$391$210$109$55$2
49 years$670$373$198$101$50$2
50 years$649$357$186$93$46$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $665,000, adding $5,309 every year, while hoping to spend $20,507 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: 79/12/9 Blend
29$665,000$665,000$665,000$665,000
30$738,306$703,061$692,754$795,202
31$791,794$715,692$694,142$845,929
32$850,051$728,254$694,889$898,359
33$913,540$740,723$694,952$955,270
34$982,774$753,072$694,286$1,017,102
35$1,058,316$765,271$692,844$1,084,336
36$1,140,785$777,290$690,575$1,157,504
37$1,230,864$789,095$687,427$1,237,189
38$1,329,302$800,651$683,346$1,324,037
39$1,436,927$811,920$678,274$1,418,756
40$1,554,649$822,859$672,152$1,522,129
41$1,683,470$833,426$664,916$1,635,016
42$1,824,494$843,574$656,500$1,758,367
43$1,978,935$853,252$646,836$1,893,226
44$2,148,132$862,407$635,851$2,040,746
45$2,333,558$870,982$623,469$2,202,194
46$2,536,837$878,916$609,611$2,378,969
47$2,759,756$886,144$594,195$2,572,612
48$3,004,284$892,598$577,133$2,784,820
49$3,272,590$898,204$558,335$3,017,462
50$3,567,061$902,883$537,706$3,272,601
51$3,890,329$906,552$515,148$3,552,506
52$4,245,293$909,123$490,555$3,859,681
53$4,635,144$910,502$463,821$4,196,883
54$5,063,401$910,589$434,831$4,567,151
55$5,533,938$909,277$403,467$4,973,833
56$6,051,022$906,454$369,605$5,420,621
57$6,619,356$902,001$333,117$5,911,580
58$7,244,121$895,789$293,868$6,451,194
59$7,931,025$887,686$251,715$7,044,399
60$8,686,354$877,548$206,513$7,696,640
61$9,517,038$865,223$158,106$8,413,913
62$10,430,708$850,552$106,336$9,202,830
63$11,435,776$833,364$51,033$10,070,675
64$12,541,506$813,479$0$11,025,476
65$13,758,107$790,708$0$12,076,846
66$15,096,830$764,848$0$13,239,048
67$16,570,067$735,686$0$14,517,941
68$18,191,475$702,996$0$15,925,384
69$19,976,101$666,539$0$17,474,447
70$21,940,526$626,061$0$19,179,533
71$24,103,018$581,297$0$21,056,512
72$26,483,708$531,963$0$23,122,874
73$29,104,777$477,760$0$25,397,893
74$31,990,667$418,372$0$27,902,806
75$35,168,309$353,467$0$30,661,019
76$38,667,381$282,691$0$33,698,321
77$42,520,582$205,672$0$37,043,137
78$46,763,948$122,016$0$40,726,786
79$51,437,185$31,309$0$44,783,784
80$56,584,046$0$0$49,252,166
81$62,252,746$0$0$54,182,682
82$68,496,412$0$0$59,617,873
83$75,373,590$0$0$65,604,574
84$82,948,792$0$0$72,198,947
85$91,293,108$0$0$79,462,882
86$100,484,876$0$0$87,464,576
87$110,610,420$0$0$96,279,183
88$121,764,867$0$0$105,989,516
89$134,053,040$0$0$116,686,833
90$147,590,455$0$0$128,471,697
91$162,504,401$0$0$141,454,927
92$178,935,152$0$0$155,758,638
93$197,037,281$0$0$171,517,399
94$216,981,126$0$0$188,879,503
95$238,954,393$0$0$208,008,363
96$263,163,931$0$0$229,084,055
97$289,837,682$0$0$252,305,021
98$319,226,833$0$0$277,889,939
99$351,608,187$0$0$306,079,788
100$387,286,776$0$0$337,140,121