Can I retire at age 30 with 666,000?

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 $666,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$54,998$54,508$54,030$53,563$53,108$51,824
2 years$27,227$26,719$26,228$25,752$25,289$24,004
3 years$17,971$17,461$16,971$16,499$16,045$14,797
4 years$13,344$12,836$12,351$11,887$11,443$10,244
5 years$10,568$10,064$9,585$9,130$8,699$7,551
6 years$8,719$8,218$7,746$7,302$6,883$5,787
7 years$7,398$6,901$6,437$6,003$5,598$4,554
8 years$6,408$5,916$5,459$5,036$4,644$3,653
9 years$5,638$5,151$4,702$4,289$3,911$2,971
10 years$5,023$4,540$4,099$3,697$3,332$2,443
11 years$4,520$4,042$3,609$3,218$2,866$2,025
12 years$4,101$3,628$3,203$2,823$2,483$1,690
13 years$3,746$3,278$2,861$2,492$2,166$1,418
14 years$3,443$2,980$2,571$2,212$1,898$1,196
15 years$3,180$2,722$2,321$1,973$1,672$1,011
16 years$2,951$2,498$2,105$1,766$1,477$858
17 years$2,748$2,300$1,915$1,587$1,310$730
18 years$2,569$2,125$1,748$1,430$1,165$622
19 years$2,408$1,970$1,600$1,292$1,038$531
20 years$2,264$1,830$1,469$1,170$927$455
21 years$2,133$1,705$1,351$1,062$830$389
22 years$2,015$1,592$1,245$966$744$334
23 years$1,907$1,489$1,150$880$668$286
24 years$1,808$1,395$1,063$802$600$246
25 years$1,717$1,309$985$733$540$211
26 years$1,633$1,230$913$670$486$182
27 years$1,556$1,158$848$613$439$156
28 years$1,484$1,091$788$562$396$134
29 years$1,418$1,029$734$515$357$116
30 years$1,356$972$683$473$323$100
31 years$1,298$919$637$434$292$86
32 years$1,244$869$594$399$264$74
33 years$1,193$823$555$367$239$64
34 years$1,145$780$519$338$216$55
35 years$1,100$740$485$311$196$47
36 years$1,058$702$454$286$178$41
37 years$1,018$667$425$264$161$35
38 years$980$634$398$243$146$30
39 years$944$603$372$224$132$26
40 years$911$574$349$207$120$23
41 years$878$546$327$191$109$19
42 years$848$520$307$176$99$17
43 years$819$495$288$163$90$14
44 years$791$472$270$150$81$13
45 years$765$450$254$139$74$11
46 years$740$430$239$128$67$9
47 years$716$410$224$118$61$8
48 years$693$391$211$109$55$7
49 years$671$374$198$101$50$6
50 years$650$357$186$93$46$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $666,000, adding $3,786 every year, while hoping to spend $38,195 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: 47/45/8 Blend
29$666,000$666,000$666,000$666,000
30$737,837$702,539$692,216$770,738
31$772,457$696,324$674,766$787,530
32$809,329$688,525$655,452$801,441
33$848,641$679,023$634,170$815,653
34$890,600$667,693$610,812$830,205
35$935,435$654,404$585,268$845,143
36$983,393$639,013$557,418$860,521
37$1,034,748$621,374$527,141$876,398
38$1,089,800$601,329$494,307$892,847
39$1,148,876$578,710$458,783$909,946
40$1,212,337$553,343$420,429$927,789
41$1,280,579$525,041$379,097$946,479
42$1,354,036$493,606$334,634$966,138
43$1,433,186$458,830$286,882$986,899
44$1,518,551$420,493$235,673$1,008,917
45$1,610,707$378,361$180,832$1,032,365
46$1,710,288$332,189$122,179$1,057,441
47$1,817,987$281,716$59,521$1,084,364
48$1,934,569$226,668$0$1,113,386
49$2,060,873$166,753$0$1,145,413
50$2,197,823$101,665$0$1,185,598
51$2,346,434$31,080$0$1,229,227
52$2,507,824$0$0$1,276,717
53$2,683,220$0$0$1,350,988
54$2,873,973$0$0$1,448,566
55$3,081,571$0$0$1,554,830
56$3,307,649$0$0$1,670,626
57$3,554,008$0$0$1,796,885
58$3,822,627$0$0$1,934,632
59$4,115,689$0$0$2,084,994
60$4,435,592$0$0$2,249,214
61$4,784,979$0$0$2,428,659
62$5,166,757$0$0$2,624,832
63$5,584,128$0$0$2,839,391
64$6,040,618$0$0$3,074,161
65$6,540,107$0$0$3,331,149
66$7,086,870$0$0$3,612,568
67$7,685,612$0$0$3,920,853
68$8,341,516$0$0$4,258,687
69$9,060,289$0$0$4,629,025
70$9,848,217$0$0$5,035,119
71$10,712,223$0$0$5,480,554
72$11,659,932$0$0$5,969,276
73$12,699,741$0$0$6,505,634
74$13,840,901$0$0$7,094,416
75$15,093,602$0$0$7,740,898
76$16,469,067$0$0$8,450,891
77$17,979,662$0$0$9,230,797
78$19,639,005$0$0$10,087,668
79$21,462,103$0$0$11,029,272
80$23,465,484$0$0$12,064,168
81$25,667,358$0$0$13,201,786
82$28,087,788$0$0$14,452,515
83$30,748,877$0$0$15,827,797
84$33,674,974$0$0$17,340,245
85$36,892,909$0$0$19,003,749
86$40,432,242$0$0$20,833,617
87$44,325,537$0$0$22,846,713
88$48,608,680$0$0$25,061,619
89$53,321,203$0$0$27,498,809
90$58,506,669$0$0$30,180,840
91$64,213,074$0$0$33,132,569
92$70,493,302$0$0$36,381,383
93$77,405,623$0$0$39,957,458
94$85,014,245$0$0$43,894,046
95$93,389,913$0$0$48,227,785
96$102,610,582$0$0$52,999,047
97$112,762,149$0$0$58,252,317
98$123,939,262$0$0$64,036,612
99$136,246,214$0$0$70,405,946
100$149,797,928$0$0$77,419,836