Can I retire at age 30 with 510,000?

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 $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%13.8%
1 years$42,115$41,740$41,374$41,017$40,668$40,027
2 years$20,849$20,461$20,085$19,720$19,366$18,722
3 years$13,761$13,371$12,996$12,635$12,286$11,659
4 years$10,218$9,829$9,458$9,103$8,763$8,158
5 years$8,093$7,706$7,340$6,992$6,661$6,080
6 years$6,676$6,293$5,932$5,591$5,271$4,713
7 years$5,665$5,285$4,929$4,597$4,287$3,753
8 years$4,907$4,530$4,180$3,856$3,556$3,047
9 years$4,317$3,944$3,600$3,285$2,995$2,510
10 years$3,846$3,477$3,139$2,831$2,552$2,090
11 years$3,461$3,095$2,764$2,464$2,195$1,756
12 years$3,140$2,778$2,453$2,161$1,902$1,486
13 years$2,869$2,510$2,191$1,908$1,658$1,264
14 years$2,637$2,282$1,969$1,694$1,454$1,081
15 years$2,435$2,085$1,778$1,511$1,280$928
16 years$2,259$1,913$1,612$1,353$1,131$799
17 years$2,104$1,761$1,466$1,215$1,003$690
18 years$1,967$1,628$1,339$1,095$892$597
19 years$1,844$1,508$1,226$990$795$518
20 years$1,733$1,402$1,125$896$710$450
21 years$1,633$1,306$1,035$813$635$392
22 years$1,543$1,219$953$740$570$341
23 years$1,460$1,140$880$674$511$298
24 years$1,384$1,068$814$614$460$260
25 years$1,315$1,002$754$561$414$227
26 years$1,251$942$699$513$372$199
27 years$1,192$887$649$470$336$174
28 years$1,137$835$604$430$303$152
29 years$1,086$788$562$395$274$133
30 years$1,038$744$523$362$247$117
31 years$994$704$488$333$224$102
32 years$952$666$455$306$202$90
33 years$913$630$425$281$183$79
34 years$877$598$397$259$166$69
35 years$842$567$371$238$150$61
36 years$810$538$347$219$136$53
37 years$779$511$325$202$123$47
38 years$751$486$304$186$112$41
39 years$723$462$285$172$101$36
40 years$697$439$267$158$92$32
41 years$673$418$251$146$83$28
42 years$649$398$235$135$76$24
43 years$627$379$221$124$69$21
44 years$606$362$207$115$62$19
45 years$586$345$194$106$57$16
46 years$567$329$183$98$51$14
47 years$548$314$172$91$47$13
48 years$531$300$161$84$42$11
49 years$514$286$152$77$38$10
50 years$498$273$143$71$35$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $510,000, adding $4,547 every year, while hoping to spend $29,876 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: 85/5/10 Blend
29$510,000$510,000$510,000$510,000
30$566,710$539,680$531,775$613,669
31$592,727$534,337$517,802$639,688
32$620,396$527,730$502,359$663,756
33$649,854$519,767$485,366$689,271
34$681,252$510,348$466,738$716,361
35$714,753$499,369$446,388$745,164
36$750,538$486,718$424,222$775,834
37$788,804$472,278$400,144$808,540
38$829,767$455,924$374,054$843,467
39$873,663$437,525$345,845$880,820
40$920,754$416,941$315,408$920,824
41$971,325$394,025$282,628$963,726
42$1,025,688$368,620$247,384$1,009,799
43$1,084,188$340,562$209,551$1,059,345
44$1,147,202$309,677$168,998$1,112,693
45$1,215,145$275,779$125,588$1,170,210
46$1,288,473$238,675$79,178$1,232,296
47$1,367,685$198,158$29,619$1,299,395
48$1,453,332$154,012$0$1,371,994
49$1,546,019$106,005$0$1,453,114
50$1,646,411$53,897$0$1,544,398
51$1,755,237$0$0$1,643,354
52$1,873,301$0$0$1,750,862
53$2,001,487$0$0$1,870,812
54$2,140,767$0$0$2,001,151
55$2,292,211$0$0$2,142,878
56$2,456,994$0$0$2,297,097
57$2,636,410$0$0$2,465,019
58$2,831,885$0$0$2,647,977
59$3,044,984$0$0$2,847,441
60$3,277,433$0$0$3,065,025
61$3,531,131$0$0$3,302,508
62$3,808,167$0$0$3,561,847
63$4,110,841$0$0$3,845,196
64$4,441,687$0$0$4,154,929
65$4,803,493$0$0$4,493,656
66$5,199,329$0$0$4,864,254
67$5,632,575$0$0$5,269,888
68$6,106,955$0$0$5,714,045
69$6,626,566$0$0$6,200,566
70$7,195,924$0$0$6,733,677
71$7,820,000$0$0$7,318,037
72$8,504,269$0$0$7,958,773
73$9,254,763$0$0$8,661,534
74$10,078,124$0$0$9,432,543
75$10,981,668$0$0$10,278,652
76$11,973,454$0$0$11,207,410
77$13,062,359$0$0$12,227,132
78$14,258,162$0$0$13,346,977
79$15,571,636$0$0$14,577,035
80$17,014,647$0$0$15,928,423
81$18,600,268$0$0$17,413,385
82$20,342,902$0$0$19,045,411
83$22,258,415$0$0$20,839,363
84$24,364,287$0$0$22,811,615
85$26,679,776$0$0$24,980,206
86$29,226,101$0$0$27,365,010
87$32,026,638$0$0$29,987,924
88$35,107,143$0$0$32,873,074
89$38,495,994$0$0$36,047,039
90$42,224,458$0$0$39,539,108
91$46,326,984$0$0$43,381,549
92$50,841,529$0$0$47,609,916
93$55,809,918$0$0$52,263,386
94$61,278,234$0$0$57,385,123
95$67,297,251$0$0$63,022,690
96$73,922,921$0$0$69,228,494
97$81,216,892$0$0$76,060,280
98$89,247,094$0$0$83,581,679
99$98,088,377$0$0$91,862,803
100$107,823,221$0$0$100,980,909