Can I retire at age 30 with 681,000?

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 $681,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$56,236$55,735$55,247$54,770$54,304$52,587
2 years$27,840$27,321$26,819$26,332$25,859$24,144
3 years$18,375$17,855$17,354$16,871$16,406$14,748
4 years$13,644$13,125$12,629$12,155$11,701$10,112
5 years$10,806$10,290$9,801$9,336$8,895$7,380
6 years$8,915$8,403$7,920$7,466$7,038$5,598
7 years$7,564$7,057$6,582$6,138$5,724$4,358
8 years$6,552$6,049$5,582$5,149$4,749$3,456
9 years$5,765$5,267$4,808$4,386$3,999$2,779
10 years$5,136$4,642$4,191$3,781$3,407$2,258
11 years$4,621$4,133$3,690$3,290$2,930$1,849
12 years$4,193$3,709$3,275$2,886$2,539$1,524
13 years$3,831$3,352$2,926$2,548$2,214$1,263
14 years$3,521$3,047$2,629$2,262$1,941$1,051
15 years$3,252$2,783$2,374$2,017$1,709$877
16 years$3,017$2,554$2,152$1,806$1,511$734
17 years$2,810$2,352$1,958$1,623$1,339$616
18 years$2,626$2,173$1,788$1,462$1,191$518
19 years$2,462$2,014$1,636$1,321$1,061$436
20 years$2,315$1,872$1,502$1,197$948$367
21 years$2,181$1,743$1,381$1,086$848$310
22 years$2,060$1,627$1,273$988$761$262
23 years$1,950$1,522$1,176$899$683$221
24 years$1,849$1,426$1,087$820$614$187
25 years$1,756$1,338$1,007$749$552$158
26 years$1,670$1,258$934$685$497$134
27 years$1,591$1,184$867$627$448$114
28 years$1,518$1,115$806$574$405$96
29 years$1,450$1,052$750$527$365$82
30 years$1,386$994$699$483$330$69
31 years$1,327$939$651$444$298$59
32 years$1,272$889$608$408$270$50
33 years$1,220$842$568$375$244$42
34 years$1,171$798$530$345$221$36
35 years$1,125$757$496$318$200$30
36 years$1,082$718$464$293$182$26
37 years$1,041$682$434$270$165$22
38 years$1,002$648$407$249$149$19
39 years$966$616$381$229$135$16
40 years$931$587$357$211$123$13
41 years$898$558$335$195$111$11
42 years$867$532$314$180$101$10
43 years$837$507$295$166$92$8
44 years$809$483$277$153$83$7
45 years$782$461$260$142$76$6
46 years$757$439$244$131$69$5
47 years$732$419$229$121$62$4
48 years$709$400$215$112$57$4
49 years$686$382$202$103$51$3
50 years$665$365$190$95$47$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $681,000, adding $6,093 every year, while hoping to spend $51,333 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: 26/46/28 Blend
29$681,000$681,000$681,000$681,000
30$756,747$720,654$710,098$769,688
31$779,317$701,348$679,269$761,477
32$802,469$679,376$645,686$747,890
33$826,208$654,552$609,203$732,260
34$850,538$626,682$569,668$714,449
35$875,461$595,557$526,920$694,311
36$900,978$560,960$480,792$671,693
37$927,089$522,658$431,110$646,433
38$953,791$480,408$377,692$618,358
39$981,080$433,949$320,346$587,289
40$1,008,946$383,009$258,874$553,033
41$1,037,381$327,299$193,068$515,388
42$1,066,370$266,512$122,712$474,139
43$1,095,896$200,328$47,579$429,062
44$1,125,937$128,404$0$379,916
45$1,156,468$50,380$0$336,190
46$1,187,456$0$0$303,680
47$1,218,867$0$0$285,223
48$1,250,655$0$0$292,315
49$1,282,770$0$0$299,437
50$1,315,155$0$0$306,570
51$1,347,741$0$0$313,694
52$1,380,453$0$0$320,784
53$1,413,200$0$0$327,813
54$1,445,885$0$0$334,749
55$1,478,392$0$0$341,558
56$1,510,593$0$0$348,200
57$1,542,343$0$0$354,632
58$1,573,478$0$0$360,803
59$1,603,813$0$0$366,659
60$1,633,144$0$0$372,137
61$1,661,236$0$0$377,169
62$1,687,832$0$0$381,677
63$1,712,641$0$0$385,574
64$1,735,338$0$0$388,766
65$1,755,564$0$0$391,145
66$1,772,913$0$0$392,593
67$1,786,938$0$0$392,976
68$1,797,139$0$0$392,150
69$1,802,961$0$0$389,951
70$1,803,785$0$0$386,198
71$1,798,927$0$0$380,692
72$1,787,624$0$0$373,209
73$1,769,033$0$0$363,504
74$1,742,216$0$0$351,305
75$1,706,134$0$0$336,309
76$1,659,639$0$0$318,182
77$1,601,454$0$0$296,555
78$1,530,170$0$0$271,018
79$1,444,223$0$0$241,120
80$1,341,886$0$0$206,359
81$1,221,247$0$0$166,182
82$1,080,191$0$0$119,980
83$916,380$0$0$67,075
84$727,230$0$0$6,722
85$509,884$0$0$0
86$261,186$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