Can I retire at age 30 with 519,000?

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 $519,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$42,859$42,477$42,104$41,741$41,386$40,385
2 years$21,217$20,822$20,439$20,068$19,708$18,706
3 years$14,004$13,607$13,225$12,858$12,503$11,531
4 years$10,398$10,003$9,625$9,263$8,917$7,983
5 years$8,236$7,842$7,469$7,115$6,779$5,884
6 years$6,794$6,404$6,036$5,690$5,364$4,510
7 years$5,765$5,378$5,016$4,678$4,362$3,549
8 years$4,993$4,610$4,254$3,924$3,619$2,846
9 years$4,394$4,014$3,664$3,343$3,048$2,315
10 years$3,914$3,538$3,194$2,881$2,597$1,903
11 years$3,522$3,150$2,812$2,508$2,233$1,578
12 years$3,196$2,827$2,496$2,200$1,935$1,317
13 years$2,919$2,555$2,230$1,942$1,688$1,105
14 years$2,683$2,322$2,004$1,724$1,479$932
15 years$2,478$2,121$1,809$1,537$1,303$788
16 years$2,299$1,946$1,640$1,376$1,151$669
17 years$2,142$1,792$1,492$1,237$1,021$569
18 years$2,002$1,656$1,362$1,115$908$485
19 years$1,876$1,535$1,247$1,007$809$414
20 years$1,764$1,426$1,145$912$723$354
21 years$1,662$1,329$1,053$828$647$303
22 years$1,570$1,240$970$753$580$260
23 years$1,486$1,160$896$685$520$223
24 years$1,409$1,087$829$625$468$192
25 years$1,338$1,020$767$571$421$165
26 years$1,273$959$712$522$379$142
27 years$1,213$902$661$478$342$122
28 years$1,157$850$614$438$308$105
29 years$1,105$802$572$401$278$90
30 years$1,056$757$533$368$252$78
31 years$1,011$716$497$338$227$67
32 years$969$677$463$311$206$58
33 years$929$642$433$286$186$50
34 years$892$608$404$263$169$43
35 years$857$577$378$242$153$37
36 years$824$547$353$223$138$32
37 years$793$520$331$206$125$27
38 years$764$494$310$189$114$24
39 years$736$470$290$175$103$20
40 years$710$447$272$161$94$18
41 years$685$426$255$149$85$15
42 years$661$405$239$137$77$13
43 years$638$386$225$127$70$11
44 years$617$368$211$117$63$10
45 years$596$351$198$108$58$8
46 years$577$335$186$100$52$7
47 years$558$320$175$92$47$6
48 years$540$305$164$85$43$5
49 years$523$291$154$79$39$5
50 years$507$278$145$73$36$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $519,000, adding $3,083 every year, while hoping to spend $31,938 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: 53/28/19 Blend
29$519,000$519,000$519,000$519,000
30$575,118$547,611$539,567$602,464
31$599,798$540,462$523,660$614,411
32$625,926$531,893$506,151$623,795
33$653,614$521,799$486,950$633,313
34$682,987$510,072$465,968$642,989
35$714,182$496,595$443,108$652,848
36$747,346$481,247$418,270$662,923
37$782,644$463,896$391,350$673,249
38$820,252$444,406$362,239$683,869
39$860,367$422,630$330,823$694,832
40$903,201$398,416$296,983$706,194
41$948,989$371,600$260,593$718,020
42$997,988$342,011$221,525$730,384
43$1,050,480$309,466$179,643$743,371
44$1,106,772$273,774$134,805$757,076
45$1,167,205$234,730$86,862$771,609
46$1,232,149$192,121$35,661$787,093
47$1,302,012$145,719$0$803,669
48$1,377,244$95,286$0$825,344
49$1,458,336$40,568$0$856,413
50$1,545,828$0$0$889,876
51$1,640,315$0$0$931,760
52$1,742,450$0$0$990,585
53$1,852,948$0$0$1,054,269
54$1,972,600$0$0$1,123,272
55$2,102,273$0$0$1,198,100
56$2,242,918$0$0$1,279,308
57$2,395,585$0$0$1,367,508
58$2,561,426$0$0$1,463,372
59$2,741,710$0$0$1,567,640
60$2,937,832$0$0$1,681,126
61$3,151,328$0$0$1,804,726
62$3,383,886$0$0$1,939,424
63$3,637,365$0$0$2,086,307
64$3,913,811$0$0$2,246,567
65$4,215,476$0$0$2,421,518
66$4,544,838$0$0$2,612,607
67$4,904,625$0$0$2,821,427
68$5,297,842$0$0$3,049,729
69$5,727,794$0$0$3,299,444
70$6,198,123$0$0$3,572,698
71$6,712,838$0$0$3,871,830
72$7,276,352$0$0$4,199,416
73$7,893,528$0$0$4,558,296
74$8,569,717$0$0$4,951,593
75$9,310,815$0$0$5,382,750
76$10,123,316$0$0$5,855,556
77$11,014,370$0$0$6,374,188
78$11,991,854$0$0$6,943,242
79$13,064,442$0$0$7,567,786
80$14,241,691$0$0$8,253,397
81$15,534,127$0$0$9,006,222
82$16,953,344$0$0$9,833,031
83$18,512,116$0$0$10,741,282
84$20,224,513$0$0$11,739,191
85$22,106,035$0$0$12,835,809
86$24,173,759$0$0$14,041,107
87$26,446,498$0$0$15,366,072
88$28,944,977$0$0$16,822,805
89$31,692,030$0$0$18,424,640
90$34,712,815$0$0$20,186,270
91$38,035,048$0$0$22,123,878
92$41,689,267$0$0$24,255,299
93$45,709,117$0$0$26,600,180
94$50,131,670$0$0$29,180,170
95$54,997,770$0$0$32,019,123
96$60,352,422$0$0$35,143,320
97$66,245,211$0$0$38,581,720
98$72,730,776$0$0$42,366,231
99$79,869,318$0$0$46,532,012
100$87,727,171$0$0$51,117,801