Can I retire at age 30 with 510,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$42,115$41,740$41,374$41,017$40,668$39,701
2 years$20,849$20,461$20,085$19,720$19,366$18,397
3 years$13,761$13,371$12,996$12,635$12,286$11,347
4 years$10,218$9,829$9,458$9,103$8,763$7,859
5 years$8,093$7,706$7,340$6,992$6,661$5,796
6 years$6,676$6,293$5,932$5,591$5,271$4,445
7 years$5,665$5,285$4,929$4,597$4,287$3,500
8 years$4,907$4,530$4,180$3,856$3,556$2,809
9 years$4,317$3,944$3,600$3,285$2,995$2,286
10 years$3,846$3,477$3,139$2,831$2,552$1,880
11 years$3,461$3,095$2,764$2,464$2,195$1,560
12 years$3,140$2,778$2,453$2,161$1,902$1,303
13 years$2,869$2,510$2,191$1,908$1,658$1,094
14 years$2,637$2,282$1,969$1,694$1,454$923
15 years$2,435$2,085$1,778$1,511$1,280$781
16 years$2,259$1,913$1,612$1,353$1,131$663
17 years$2,104$1,761$1,466$1,215$1,003$565
18 years$1,967$1,628$1,339$1,095$892$482
19 years$1,844$1,508$1,226$990$795$412
20 years$1,733$1,402$1,125$896$710$352
21 years$1,633$1,306$1,035$813$635$302
22 years$1,543$1,219$953$740$570$259
23 years$1,460$1,140$880$674$511$222
24 years$1,384$1,068$814$614$460$191
25 years$1,315$1,002$754$561$414$164
26 years$1,251$942$699$513$372$141
27 years$1,192$887$649$470$336$122
28 years$1,137$835$604$430$303$105
29 years$1,086$788$562$395$274$90
30 years$1,038$744$523$362$247$78
31 years$994$704$488$333$224$67
32 years$952$666$455$306$202$58
33 years$913$630$425$281$183$50
34 years$877$598$397$259$166$43
35 years$842$567$371$238$150$37
36 years$810$538$347$219$136$32
37 years$779$511$325$202$123$28
38 years$751$486$304$186$112$24
39 years$723$462$285$172$101$21
40 years$697$439$267$158$92$18
41 years$673$418$251$146$83$15
42 years$649$398$235$135$76$13
43 years$627$379$221$124$69$11
44 years$606$362$207$115$62$10
45 years$586$345$194$106$57$9
46 years$567$329$183$98$51$7
47 years$548$314$172$91$47$6
48 years$531$300$161$84$42$5
49 years$514$286$152$77$38$5
50 years$498$273$143$71$35$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $510,000, adding $4,647 every year, while hoping to spend $26,089 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: 53/29/18 Blend
29$510,000$510,000$510,000$510,000
30$566,813$539,783$531,878$593,850
31$596,870$538,474$521,938$611,576
32$629,118$536,227$510,790$627,718
33$663,753$532,967$498,366$644,711
34$700,990$528,617$484,597$662,644
35$741,067$523,095$469,406$681,616
36$784,241$516,311$452,716$701,738
37$830,798$508,175$434,446$723,132
38$881,050$498,587$414,511$745,935
39$935,342$487,442$392,822$770,300
40$994,050$474,631$369,286$796,397
41$1,057,592$460,035$343,805$824,415
42$1,126,422$443,533$316,278$854,563
43$1,201,043$424,992$286,599$887,076
44$1,282,006$404,274$254,657$922,213
45$1,369,919$381,232$220,337$960,263
46$1,465,450$355,711$183,517$1,001,545
47$1,569,332$327,547$144,071$1,046,416
48$1,682,374$296,567$101,868$1,095,271
49$1,805,465$262,588$56,769$1,148,547
50$1,939,583$225,415$8,632$1,206,730
51$2,085,805$184,845$0$1,270,360
52$2,245,316$140,661$0$1,348,241
53$2,419,420$92,635$0$1,435,131
54$2,609,552$40,525$0$1,530,134
55$2,817,294$0$0$1,634,096
56$3,044,384$0$0$1,753,033
57$3,292,739$0$0$1,897,297
58$3,564,468$0$0$2,055,189
59$3,861,893$0$0$2,228,062
60$4,187,571$0$0$2,417,412
61$4,544,320$0$0$2,624,880
62$4,935,240$0$0$2,852,278
63$5,363,746$0$0$3,101,601
64$5,833,601$0$0$3,375,043
65$6,348,949$0$0$3,675,025
66$6,914,352$0$0$4,004,210
67$7,534,836$0$0$4,365,534
68$8,215,940$0$0$4,762,228
69$8,963,762$0$0$5,197,855
70$9,785,020$0$0$5,676,337
71$10,687,115$0$0$6,201,996
72$11,678,201$0$0$6,779,592
73$12,767,260$0$0$7,414,371
74$13,964,185$0$0$8,112,109
75$15,279,879$0$0$8,879,173
76$16,726,351$0$0$9,722,576
77$18,316,833$0$0$10,650,044
78$20,065,902$0$0$11,670,091
79$21,989,620$0$0$12,792,095
80$24,105,682$0$0$14,026,391
81$26,433,587$0$0$15,384,364
82$28,994,815$0$0$16,878,561
83$31,813,036$0$0$18,522,802
84$34,914,329$0$0$20,332,319
85$38,327,429$0$0$22,323,892
86$42,083,999$0$0$24,516,013
87$46,218,924$0$0$26,929,055
88$50,770,646$0$0$29,585,468
89$55,781,522$0$0$32,509,990
90$61,298,223$0$0$35,729,877
91$67,372,179$0$0$39,275,164
92$74,060,055$0$0$43,178,948
93$81,424,297$0$0$47,477,695
94$89,533,710$0$0$52,211,591
95$98,464,114$0$0$57,424,916
96$108,299,054$0$0$63,166,464
97$119,130,594$0$0$69,490,003
98$131,060,179$0$0$76,454,780
99$144,199,598$0$0$84,126,083
100$158,672,032$0$0$92,575,857