Can I retire at age 30 with 515,000?

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 $515,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$42,528$42,149$41,780$41,419$41,067$39,594
2 years$21,054$20,661$20,281$19,913$19,556$18,088
3 years$13,896$13,502$13,123$12,758$12,407$10,990
4 years$10,318$9,926$9,551$9,192$8,849$7,494
5 years$8,172$7,782$7,412$7,060$6,727$5,437
6 years$6,742$6,355$5,990$5,646$5,323$4,099
7 years$5,721$5,337$4,977$4,642$4,329$3,172
8 years$4,955$4,574$4,221$3,894$3,591$2,499
9 years$4,360$3,983$3,636$3,317$3,024$1,996
10 years$3,884$3,511$3,170$2,859$2,577$1,610
11 years$3,495$3,125$2,791$2,488$2,216$1,310
12 years$3,171$2,805$2,477$2,183$1,920$1,072
13 years$2,897$2,535$2,213$1,927$1,675$881
14 years$2,662$2,304$1,988$1,710$1,468$728
15 years$2,459$2,105$1,795$1,525$1,293$603
16 years$2,282$1,931$1,627$1,366$1,142$500
17 years$2,125$1,779$1,481$1,227$1,013$416
18 years$1,986$1,644$1,352$1,106$901$347
19 years$1,862$1,523$1,238$999$803$290
20 years$1,750$1,415$1,136$905$717$242
21 years$1,649$1,318$1,045$821$642$203
22 years$1,558$1,231$963$747$575$170
23 years$1,474$1,151$889$680$516$142
24 years$1,398$1,078$822$620$464$119
25 years$1,328$1,012$762$567$418$100
26 years$1,263$951$706$518$376$84
27 years$1,203$895$656$474$339$71
28 years$1,148$844$610$434$306$59
29 years$1,096$796$567$398$276$50
30 years$1,048$752$528$366$250$42
31 years$1,004$710$493$336$226$35
32 years$962$672$460$309$204$30
33 years$922$637$429$284$185$25
34 years$885$603$401$261$167$21
35 years$851$572$375$240$152$18
36 years$818$543$351$221$137$15
37 years$787$516$328$204$124$12
38 years$758$490$307$188$113$10
39 years$730$466$288$173$102$9
40 years$704$444$270$160$93$7
41 years$679$422$253$148$84$6
42 years$656$402$237$136$76$5
43 years$633$383$223$126$69$4
44 years$612$365$209$116$63$4
45 years$592$348$196$107$57$3
46 years$572$332$184$99$52$3
47 years$554$317$173$91$47$2
48 years$536$303$163$85$43$2
49 years$519$289$153$78$39$2
50 years$503$276$144$72$35$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $515,000, adding $5,789 every year, while hoping to spend $25,635 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: 52/23/25 Blend
29$515,000$515,000$515,000$515,000
30$573,501$546,206$538,224$599,052
31$604,723$545,695$528,979$616,848
32$638,270$544,299$518,565$633,107
33$674,353$541,949$506,916$650,271
34$713,202$538,570$493,963$668,437
35$755,070$534,082$479,633$687,713
36$800,237$528,401$463,850$708,217
37$849,007$521,439$446,535$730,084
38$901,717$513,101$427,605$753,461
39$958,736$503,286$406,973$778,514
40$1,020,470$491,890$384,549$805,427
41$1,087,364$478,799$360,239$834,403
42$1,159,911$463,895$333,942$865,670
43$1,238,648$447,053$305,555$899,480
44$1,324,171$428,139$274,972$936,112
45$1,417,130$407,012$242,078$975,879
46$1,518,245$383,523$206,755$1,019,125
47$1,628,306$357,516$168,881$1,066,233
48$1,748,182$328,823$128,327$1,117,629
49$1,878,830$297,268$84,959$1,173,782
50$2,021,302$262,666$38,637$1,235,217
51$2,176,757$224,819$0$1,302,511
52$2,346,472$183,520$0$1,379,186
53$2,531,849$138,550$0$1,474,258
54$2,734,435$89,676$0$1,578,241
55$2,955,931$36,654$0$1,692,049
56$3,198,211$0$0$1,816,693
57$3,463,339$0$0$1,958,549
58$3,753,585$0$0$2,124,049
59$4,071,451$0$0$2,305,352
60$4,419,692$0$0$2,504,034
61$4,801,341$0$0$2,721,833
62$5,219,741$0$0$2,960,662
63$5,678,570$0$0$3,222,630
64$6,181,881$0$0$3,510,058
65$6,734,139$0$0$3,825,503
66$7,340,262$0$0$4,171,783
67$8,005,665$0$0$4,551,999
68$8,736,315$0$0$4,969,570
69$9,538,785$0$0$5,428,262
70$10,420,314$0$0$5,932,221
71$11,388,880$0$0$6,486,019
72$12,453,269$0$0$7,094,688
73$13,623,161$0$0$7,763,774
74$14,909,221$0$0$8,499,389
75$16,323,199$0$0$9,308,263
76$17,878,040$0$0$10,197,813
77$19,588,006$0$0$11,176,211
78$21,468,810$0$0$12,252,459
79$23,537,766$0$0$13,436,477
80$25,813,947$0$0$14,739,195
81$28,318,372$0$0$16,172,654
82$31,074,197$0$0$17,750,122
83$34,106,939$0$0$19,486,220
84$37,444,709$0$0$21,397,056
85$41,118,487$0$0$23,500,380
86$45,162,404$0$0$25,815,748
87$49,614,070$0$0$28,364,711
88$54,514,926$0$0$31,171,014
89$59,910,637$0$0$34,260,824
90$65,851,519$0$0$37,662,970
91$72,393,016$0$0$41,409,223
92$79,596,222$0$0$45,534,590
93$87,528,457$0$0$50,077,645
94$96,263,903$0$0$55,080,896
95$105,884,302$0$0$60,591,181
96$116,479,728$0$0$66,660,114
97$128,149,437$0$0$73,344,570
98$141,002,803$0$0$80,707,222
99$155,160,350$0$0$88,817,132
100$170,754,887$0$0$97,750,403