Can I retire at age 30 with 521,000?

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 $521,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$43,024$42,640$42,267$41,902$41,545$40,924
2 years$21,299$20,902$20,518$20,145$19,783$19,159
3 years$14,058$13,660$13,276$12,907$12,551$11,944
4 years$10,439$10,041$9,662$9,299$8,952$8,365
5 years$8,267$7,873$7,498$7,142$6,805$6,240
6 years$6,820$6,429$6,059$5,712$5,385$4,843
7 years$5,787$5,399$5,035$4,696$4,379$3,861
8 years$5,013$4,628$4,270$3,939$3,633$3,138
9 years$4,411$4,029$3,678$3,355$3,059$2,588
10 years$3,929$3,552$3,207$2,892$2,607$2,158
11 years$3,536$3,162$2,823$2,517$2,242$1,815
12 years$3,208$2,838$2,505$2,208$1,943$1,538
13 years$2,931$2,565$2,238$1,949$1,694$1,310
14 years$2,693$2,331$2,011$1,730$1,485$1,122
15 years$2,488$2,130$1,816$1,543$1,308$964
16 years$2,308$1,954$1,646$1,382$1,156$832
17 years$2,150$1,799$1,498$1,242$1,025$719
18 years$2,009$1,663$1,368$1,119$911$623
19 years$1,884$1,541$1,252$1,011$812$542
20 years$1,771$1,432$1,149$916$725$471
21 years$1,669$1,334$1,057$831$649$411
22 years$1,576$1,245$974$756$582$358
23 years$1,492$1,164$899$688$522$313
24 years$1,414$1,091$832$628$469$274
25 years$1,343$1,024$770$573$422$240
26 years$1,278$962$714$524$381$210
27 years$1,217$906$663$480$343$184
28 years$1,161$853$617$440$310$161
29 years$1,109$805$574$403$280$141
30 years$1,061$760$535$370$253$124
31 years$1,015$719$498$340$228$109
32 years$973$680$465$312$207$96
33 years$933$644$434$287$187$84
34 years$896$610$406$264$169$74
35 years$861$579$379$243$153$65
36 years$827$550$355$224$139$57
37 years$796$522$332$206$126$50
38 years$767$496$311$190$114$44
39 years$739$472$291$175$103$39
40 years$712$449$273$162$94$34
41 years$687$427$256$149$85$30
42 years$663$407$240$138$77$26
43 years$641$388$225$127$70$23
44 years$619$369$212$117$64$20
45 years$598$352$199$108$58$18
46 years$579$336$187$100$52$16
47 years$560$321$175$93$48$14
48 years$542$306$165$85$43$12
49 years$525$292$155$79$39$11
50 years$509$279$146$73$36$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $521,000, adding $2,953 every year, while hoping to spend $21,019 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: 49/37/14 Blend
29$521,000$521,000$521,000$521,000
30$577,188$549,575$541,500$603,104
31$613,697$554,140$537,276$625,829
32$653,226$558,224$532,206$648,077
33$696,060$561,782$526,240$671,777
34$742,513$564,765$519,324$697,072
35$792,931$567,121$511,403$724,122
36$847,695$568,794$502,420$753,101
37$907,222$569,727$492,313$784,204
38$971,972$569,857$481,019$817,645
39$1,042,451$569,118$468,471$853,664
40$1,119,216$567,440$454,600$892,523
41$1,202,881$564,749$439,333$934,515
42$1,294,118$560,965$422,594$979,960
43$1,393,670$556,005$404,304$1,029,217
44$1,502,355$549,779$384,378$1,082,680
45$1,621,071$542,194$362,731$1,140,785
46$1,750,809$533,151$339,271$1,204,015
47$1,892,659$522,542$313,904$1,272,905
48$2,047,819$510,256$286,529$1,348,044
49$2,217,613$496,175$257,044$1,430,084
50$2,403,495$480,172$225,340$1,519,748
51$2,607,066$462,116$191,304$1,617,832
52$2,830,092$441,865$154,818$1,725,218
53$3,074,516$419,270$115,759$1,842,879
54$3,342,477$394,175$73,997$1,971,891
55$3,636,332$366,412$29,398$2,113,443
56$3,958,678$335,806$0$2,268,848
57$4,312,373$302,171$0$2,442,276
58$4,700,567$265,309$0$2,637,472
59$5,126,730$225,014$0$2,851,835
60$5,594,682$181,066$0$3,087,341
61$6,108,634$133,232$0$3,346,175
62$6,673,222$81,268$0$3,630,744
63$7,293,557$24,916$0$3,943,708
64$7,975,264$0$0$4,287,998
65$8,724,546$0$0$4,681,549
66$9,548,232$0$0$5,125,393
67$10,453,848$0$0$5,613,448
68$11,449,685$0$0$6,150,190
69$12,544,879$0$0$6,740,552
70$13,749,493$0$0$7,389,966
71$15,074,616$0$0$8,104,420
72$16,532,466$0$0$8,890,510
73$18,136,505$0$0$9,755,502
74$19,901,563$0$0$10,707,407
75$21,843,985$0$0$11,755,046
76$23,981,776$0$0$12,908,142
77$26,334,777$0$0$14,177,407
78$28,924,851$0$0$15,574,645
79$31,776,086$0$0$17,112,863
80$34,915,025$0$0$18,806,391
81$38,370,915$0$0$20,671,022
82$42,175,986$0$0$22,724,156
83$46,365,747$0$0$24,984,967
84$50,979,330$0$0$27,474,584
85$56,059,854$0$0$30,216,288
86$61,654,831$0$0$33,235,734
87$67,816,616$0$0$36,561,191
88$74,602,903$0$0$40,223,810
89$82,077,265$0$0$44,257,917
90$90,309,755$0$0$48,701,339
91$99,377,568$0$0$53,595,757
92$109,365,769$0$0$58,987,102
93$120,368,095$0$0$64,925,988
94$132,487,838$0$0$71,468,191
95$145,838,825$0$0$78,675,170
96$160,546,485$0$0$86,614,654
97$176,749,038$0$0$95,361,275
98$194,598,796$0$0$104,997,278
99$214,263,601$0$0$115,613,291
100$235,928,412$0$0$127,309,185