Can I retire at age 30 with 684,000?

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 $684,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$56,484$55,981$55,490$55,011$54,543$53,817
2 years$27,962$27,442$26,937$26,448$25,973$25,242
3 years$18,456$17,933$17,430$16,945$16,478$15,766
4 years$13,704$13,183$12,685$12,208$11,752$11,064
5 years$10,854$10,336$9,844$9,377$8,934$8,272
6 years$8,954$8,440$7,955$7,499$7,069$6,434
7 years$7,598$7,088$6,611$6,165$5,749$5,141
8 years$6,581$6,075$5,606$5,172$4,769$4,188
9 years$5,790$5,290$4,829$4,405$4,017$3,462
10 years$5,158$4,663$4,210$3,797$3,422$2,893
11 years$4,642$4,151$3,706$3,305$2,943$2,440
12 years$4,211$3,726$3,289$2,899$2,551$2,073
13 years$3,848$3,367$2,939$2,559$2,224$1,771
14 years$3,536$3,060$2,640$2,272$1,950$1,520
15 years$3,266$2,796$2,384$2,026$1,717$1,310
16 years$3,030$2,565$2,161$1,814$1,517$1,133
17 years$2,823$2,362$1,967$1,630$1,345$983
18 years$2,638$2,183$1,795$1,469$1,196$854
19 years$2,473$2,023$1,644$1,327$1,066$744
20 years$2,325$1,880$1,508$1,202$952$649
21 years$2,191$1,751$1,388$1,091$852$568
22 years$2,069$1,635$1,279$992$764$497
23 years$1,958$1,529$1,181$903$686$435
24 years$1,857$1,432$1,092$824$616$382
25 years$1,763$1,344$1,011$752$555$335
26 years$1,678$1,263$938$688$500$295
27 years$1,598$1,189$871$630$450$259
28 years$1,524$1,120$810$577$406$228
29 years$1,456$1,057$754$529$367$200
30 years$1,392$998$702$486$332$177
31 years$1,333$944$654$446$300$155
32 years$1,277$893$611$410$271$137
33 years$1,225$846$570$377$245$121
34 years$1,176$801$533$347$222$106
35 years$1,130$760$498$319$201$94
36 years$1,086$721$466$294$182$83
37 years$1,045$685$436$271$165$73
38 years$1,007$651$408$250$150$64
39 years$970$619$383$230$136$57
40 years$935$589$359$212$123$50
41 years$902$561$336$196$112$44
42 years$871$534$315$181$101$39
43 years$841$509$296$167$92$35
44 years$813$485$278$154$84$30
45 years$786$463$261$142$76$27
46 years$760$441$245$131$69$24
47 years$735$421$230$121$63$21
48 years$712$402$216$112$57$19
49 years$689$384$203$104$52$16
50 years$668$367$191$96$47$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $684,000, adding $2,500 every year, while hoping to spend $32,493 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: 29/41/30 Blend
29$684,000$684,000$684,000$684,000
30$756,347$720,095$709,493$771,243
31$798,922$720,807$698,688$784,024
32$844,751$720,465$686,433$794,789
33$894,130$718,983$672,644$805,724
34$947,388$716,270$657,234$816,868
35$1,004,883$712,229$640,113$828,268
36$1,067,010$706,757$621,185$839,974
37$1,134,202$699,745$600,352$852,047
38$1,206,936$691,077$577,509$864,560
39$1,285,735$680,632$552,547$877,592
40$1,371,176$668,279$525,354$891,236
41$1,463,893$653,882$495,810$905,600
42$1,564,582$637,293$463,791$920,805
43$1,674,009$618,361$429,168$936,989
44$1,793,017$596,920$391,805$954,311
45$1,922,535$572,799$351,560$972,947
46$2,063,582$545,815$308,286$993,101
47$2,217,283$515,775$261,829$1,015,000
48$2,384,871$482,473$212,026$1,038,901
49$2,567,709$445,696$158,710$1,065,094
50$2,767,293$405,212$101,704$1,093,905
51$2,985,271$360,782$40,826$1,125,699
52$3,223,459$312,150$0$1,160,888
53$3,483,852$259,046$0$1,207,660
54$3,768,651$201,186$0$1,273,252
55$4,080,277$138,267$0$1,345,224
56$4,421,397$69,974$0$1,424,293
57$4,794,946$0$0$1,511,251
58$5,204,158$0$0$1,608,798
59$5,652,594$0$0$1,750,397
60$6,144,174$0$0$1,905,731
61$6,683,219$0$0$2,076,177
62$7,274,486$0$0$2,263,255
63$7,923,213$0$0$2,468,637
64$8,635,172$0$0$2,694,166
65$9,416,721$0$0$2,941,871
66$10,274,861$0$0$3,213,989
67$11,217,308$0$0$3,512,982
68$12,252,557$0$0$3,841,564
69$13,389,972$0$0$4,202,724
70$14,639,864$0$0$4,599,757
71$16,013,594$0$0$5,036,290
72$17,523,680$0$0$5,516,321
73$19,183,910$0$0$6,044,255
74$21,009,477$0$0$6,624,944
75$23,017,120$0$0$7,263,734
76$25,225,280$0$0$7,966,517
77$27,654,275$0$0$8,739,784
78$30,326,492$0$0$9,590,685
79$33,266,596$0$0$10,527,100
80$36,501,766$0$0$11,557,712
81$40,061,945$0$0$12,692,087
82$43,980,129$0$0$13,940,767
83$48,292,670$0$0$15,315,365
84$53,039,628$0$0$16,828,681
85$58,265,140$0$0$18,494,815
86$64,017,841$0$0$20,329,309
87$70,351,323$0$0$22,349,283
88$77,324,635$0$0$24,573,606
89$85,002,845$0$0$27,023,068
90$93,457,652$0$0$29,720,577
91$102,768,062$0$0$32,691,380
92$113,021,132$0$0$35,963,292
93$124,312,793$0$0$39,566,967
94$136,748,754$0$0$43,536,182
95$150,445,499$0$0$47,908,160
96$165,531,385$0$0$52,723,914
97$182,147,856$0$0$58,028,643
98$200,450,774$0$0$63,872,151
99$220,611,889$0$0$70,309,321
100$242,820,466$0$0$77,400,632